兴化股份(002109) - 2025 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2025 was ¥759,366,233.89, a decrease of 32.82% compared to the same period last year[3] - The net profit attributable to shareholders was -¥231,017,268.91, representing a decline of 360.62% year-on-year[3] - The basic earnings per share for the period was -¥0.1810, down 360.56% from the previous year[3] - The total profit for the period was -¥656,341,686.15, a decrease of 87.93% compared to the previous year[9] - Operating profit showed a loss of ¥627,090,356.75 compared to a loss of ¥349,214,474.29 in the previous period, indicating a worsening of approximately 80%[21] - Net profit loss increased to ¥658,478,827.79 from a loss of ¥352,043,324.00, reflecting a decline of about 87% year-over-year[21] - The company reported a net loss of approximately ¥658.48 million for the current period, compared to a net loss of ¥352.04 million in the previous period, indicating a significant decline in profitability[22] - The net loss attributable to shareholders was approximately ¥423.37 million, up from ¥309.27 million in the previous period, reflecting a worsening financial performance[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,672,004,239.20, a decrease of 5.36% from the end of the previous year[3] - Total current assets decreased to ¥1,525,330,265.82 from ¥1,756,980,346.11, a drop of approximately 13%[18] - Total non-current assets decreased to ¥9,146,673,973.38 from ¥9,518,880,147.50, a decline of about 4%[18] - Total liabilities increased slightly to ¥5,832,327,991.03 from ¥5,776,811,089.58, an increase of approximately 1%[19] - Total equity decreased to ¥4,839,676,248.17 from ¥5,499,049,404.03, a decline of about 12%[19] Cash Flow - The net cash flow from operating activities was ¥45,299,311.59, down 90.03% year-on-year[3] - The net cash flow from operating activities was ¥45.30 million, a sharp decrease from ¥454.57 million in the prior period, highlighting challenges in cash generation[25] - The cash and cash equivalents at the end of the period stood at approximately ¥1.22 billion, down from ¥1.46 billion at the end of the previous period, showing a decrease in liquidity[26] - The net cash flow from investment activities was -¥154.59 million, worsening from -¥82.13 million in the previous period, indicating increased investment outflows[26] Shareholder Information - The company has a significant shareholder, Shaanxi Yanchang Petroleum Group, holding 507,956,355 shares, representing a substantial portion of the total shares[13] - Another major shareholder, Shaanxi Xinghua Group, holds 222,473,689 shares, indicating strong institutional support[13] - The top ten shareholders collectively hold a significant number of shares, with the first three shareholders alone accounting for over 70% of the total shares[13] - The company has not reported any changes in the shareholding structure due to margin trading activities[13] Tax and Compliance - The company reported a tax payment of RMB 29.1343 million and late fees of RMB 28.6009 million, totaling RMB 57.7353 million, which has been fully paid as of the report date[14] - The tax payment and late fees are expected to reduce the company's net profit for 2025 by RMB 57.7353 million, impacting the attributable net profit by RMB 29.4450 million[14] - The company has not disclosed any administrative penalties related to the tax payment[14] - The financial report indicates that the company is in compliance with the accounting standards and does not require adjustments to prior financial data[14] - The company’s subsidiary, Yushen Energy Chemical, is actively managing tax compliance and has completed self-inspections as required by local tax authorities[14] Revenue and Costs - Total operating revenue decreased to ¥2,442,880,196.97 from ¥2,944,101,305.09, representing a decline of approximately 17% year-over-year[20] - Total operating costs decreased to ¥3,049,883,360.85 from ¥3,275,571,449.70, a reduction of about 7% year-over-year[21] - Total revenue from sales of goods and services was approximately ¥2.58 billion, down from ¥3.02 billion in the previous period, representing a decline of about 14.6%[25] Financing Activities - The company incurred cash outflows of approximately ¥332.86 million from financing activities, compared to ¥889.04 million in the previous period, indicating reduced financing activities[26] - The company received cash inflows of ¥302.34 million from financing activities, an increase from ¥178.17 million in the previous period, suggesting improved access to financing[26]