六国化工(600470) - 2025 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥1,849,786,227.22, an increase of 5.29% compared to the same period last year[4] - The total profit for the quarter was -¥19,575,490.64, representing a decrease of 176.99% year-on-year[4] - The net profit attributable to shareholders was -¥58,081,806.11, a decline of 745.46% compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥56,869,742.86, a significant drop of 5,035.27%[4] - The basic and diluted earnings per share for the quarter were both -¥0.11, reflecting a decrease of 650.00% year-on-year[5] - The net profit for the first three quarters of 2025 was a loss of ¥167,544,737.59, compared to a profit of ¥67,012,964.18 in the same period of 2024[19] - The basic earnings per share for the first three quarters of 2025 was -¥0.40, compared to ¥0.07 in the same period of 2024[20] - The company reported a total comprehensive loss of ¥167,556,748.99 for the first three quarters of 2025, contrasting with a comprehensive income of ¥67,011,432.28 in 2024[20] Cash Flow - The cash flow from operating activities for the year-to-date was ¥62,939,705.20, down 74.14% compared to the previous year[5] - Cash inflows from operating activities amounted to ¥4,688,156,342.03 in the first three quarters of 2025, compared to ¥4,103,158,473.08 in 2024, indicating a growth of 14.2%[21] - The net cash flow from operating activities was $62,939,705.20, a decrease of 74.1% compared to $243,340,627.28 in the previous period[22] - Cash inflow from financing activities was $2,395,373,829.33, an increase of 12.6% compared to $2,126,536,317.03 in the previous period[22] - The net cash flow from financing activities was $971,707,329.74, a substantial increase from $123,870,574.62[22] - The ending cash and cash equivalents balance was $966,166,816.71, up from $917,844,367.21, reflecting a net increase of $223,508,100.26[22] - Cash inflow from investment income was $1,561,694.92, compared to $1,056,615.70 previously, indicating a growth of 47.5%[22] - Cash paid for the repayment of debts was $1,229,297,336.88, down from $1,561,405,655.57, indicating a reduction of 21.2%[22] - The impact of exchange rate changes on cash and cash equivalents was -$3,182,785.94, compared to a positive impact of $62,073.41 in the previous period[22] Assets and Liabilities - The total assets at the end of the period were ¥7,371,826,582.89, an increase of 4.90% from the end of the previous year[5] - The equity attributable to shareholders decreased by 11.20% to ¥1,626,969,078.75 compared to the end of the previous year[5] - The company's total current assets as of September 30, 2025, amount to ¥3,297,914,361.94, a decrease from ¥3,616,130,462.61 at the end of 2024[14] - Total assets increased to ¥7,371,826,582.89 from ¥7,027,476,500.98, reflecting a growth of approximately 4.9%[15] - The company's total liabilities increased to ¥5,268,117,015.11 in 2025 from ¥4,872,391,634.83 in 2024, marking a rise of 8.1%[16] - Total current liabilities decreased slightly from ¥4,150,714,128.32 to ¥4,119,570,989.50, a decrease of about 0.75%[15] - Long-term borrowings increased from ¥574,420,371.02 to ¥995,568,352.43, an increase of approximately 73.5%[15] - Non-current assets totaled ¥4,073,912,220.95, up from ¥3,411,346,038.37, indicating an increase of about 19.4%[15] - The total equity attributable to shareholders decreased to ¥1,626,969,078.75 in 2025 from ¥1,832,214,058.91 in 2024, a decline of 11.2%[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 46,642[11] - The largest shareholder, Tongling Chemical Industry Group Co., Ltd., holds 106,891,744 shares, accounting for 20.49% of total shares[11] - The company has no significant changes in the top ten shareholders or their shareholding status compared to the previous period[12] Operating Costs and Expenses - The company reported a significant increase in raw material costs, particularly for sulfur and potassium fertilizers, impacting overall profitability[8] - The decline in net profit was primarily due to the adverse effects of macroeconomic conditions and government policies affecting the fertilizer industry[8] - Total operating costs for the first three quarters of 2025 were ¥5,142,545,638.74, up from ¥4,765,662,142.99 in 2024, reflecting a year-on-year increase of 7.9%[18] - Research and development expenses for the first three quarters of 2025 were ¥163,975,667.44, up from ¥156,728,062.56 in 2024, reflecting a year-on-year increase of 4.0%[19] - The financial expenses decreased to ¥29,408,829.78 in 2025 from ¥42,378,687.83 in 2024, a reduction of 30.6%[19] Accounting Standards - The company will not apply new accounting standards starting from 2025[23]