新疆天业(600075) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥2,705,234,758.83, a decrease of 23.77% compared to ¥3,077,995,983.00 in the same period last year[3] - The net profit attributable to shareholders for Q3 2023 was -¥193,202,456.38, representing a decline of 387.05% from ¥127,646,253.23 in the previous year[3] - The basic earnings per share for Q3 2023 was -¥0.12, a decrease of 398.48% compared to ¥0.09 in the same period last year[3] - In the first nine months of 2023, the company achieved operating revenue of RMB 862,675.63 million, a decrease of 8.23% compared to the same period last year[15] - The total profit for the same period was -RMB 74,439.11 million, a decline of 173.83% year-on-year[15] - The net profit attributable to the parent company was -RMB 78,120.35 million, down 191.82% compared to the previous year[15] - The net profit for the first three quarters of 2023 was a loss of CNY 780,842,055.33, compared to a profit of CNY 1,030,912,335.11 in the same period of 2022[21] - The operating profit for the first three quarters of 2023 was a loss of CNY 751,381,379.20, contrasting with a profit of CNY 1,208,558,504.46 in the previous year[20] - The company reported a basic and diluted earnings per share of -0.46 CNY for the first three quarters of 2023, compared to 0.62 CNY in the same period of 2022[21] Assets and Liabilities - Total assets at the end of Q3 2023 were ¥21,570,868,320.83, an increase of 17.48% from ¥20,051,345,863.82 at the end of the previous year[4] - As of September 30, 2023, total assets amounted to RMB 21,570,868,320.83, down from RMB 26,139,199,510.54 at the end of 2022[17] - Total liabilities as of the end of the third quarter of 2023 were CNY 12,230,875,949.79, down from CNY 13,249,194,382.16 at the end of the previous year[22] - Total equity attributable to shareholders was CNY 9,333,412,677.44, a decrease from CNY 11,959,103,958.02 in the previous year[22] - The equity attributable to shareholders decreased by 21.96% to ¥9,333,412,677.44 from ¥10,633,404,910.74 at the end of the previous year[4] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥596,845,484.86, a decrease of 28.28% compared to ¥832,204,033.06 in the previous year[3] - In the first three quarters of 2023, the company generated cash inflows from operating activities amounting to ¥10,584,751,786.23, a decrease of 30.5% compared to ¥15,178,840,341.23 in the same period of 2022[23] - The net cash flow from operating activities for the first nine months of 2023 was ¥596,845,484.86, down from ¥832,204,033.06 in 2022, reflecting a decline of 28.3%[23] - Cash outflows from investing activities totaled ¥2,191,151,248.03, an increase of 79.2% compared to ¥1,224,427,514.71 in the previous year[23] - The net cash flow from investing activities was -¥1,464,993,557.03, worsening from -¥904,510,931.21 in the same period last year[23] - Cash inflows from financing activities were ¥3,251,965,000.00, a decrease of 50.2% from ¥6,479,124,528.18 in 2022[24] - The net cash flow from financing activities was -¥1,659,440,339.37, compared to a positive net flow of ¥2,303,923,603.95 in the previous year[24] - The company's cash and cash equivalents at the end of the third quarter of 2023 stood at ¥2,288,076,365.82, down from ¥4,261,776,538.59 at the end of the same period in 2022[24] - The total cash inflow from operating activities was significantly impacted by a decrease in cash received from sales, which was ¥10,167,642,492.00 compared to ¥14,708,515,845.30 in the previous year, marking a decline of 30.5%[23] - The company experienced a net decrease in cash and cash equivalents of -¥2,527,588,411.54 during the first nine months of 2023, contrasting with an increase of ¥2,231,616,705.80 in the same period of 2022[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 84,863[8] - The largest shareholder, Xinjiang Tianye (Group) Co., Ltd., holds 45.14% of the shares, totaling 770,731,710 shares[8] Business Developments - The company reported a significant decline in product prices, which was the main reason for the drop in net profit[5] - The company has included the financial results of Tianchen Chemical Co., Ltd. in its consolidated statements due to a business combination, impacting the financial figures for the current period[4] - The company completed the acquisition of 100% equity in Tianchen Chemical for RMB 258,389.07 million, which became a wholly-owned subsidiary[11] - The company transferred 38.91% of its shares in Tianye Irrigation for RMB 188,873.2 million, ceasing to consolidate its financials[10] - The company has a loan of RMB 150,000 million from the Development Bank for acquisition purposes, with a current interest rate of 3.2%[11] - The company plans to focus on new product development and market expansion strategies to improve future performance[22] - The company is exploring potential mergers and acquisitions to enhance its market position and operational capabilities[22]