云天化(600096) - 2022 Q3 - 季度财报

Main Financial Data This section provides an overview of the company's key financial performance and position, including accounting data, financial indicators, non-recurring items, and analysis of significant changes Key Accounting Data and Financial Indicators The company achieved strong performance growth in the first three quarters of 2022, with operating revenue increasing by 18.53% to 56.459 billion yuan and net profit attributable to shareholders surging by 80.63% to 5.130 billion yuan, while total assets and shareholder equity grew by 15.98% and 53.77% respectively Key Financial Indicators for the First Three Quarters of 2022 | Indicator | Year-to-Date (Yuan) | YoY Change (%) | | :--- | :--- | :--- | | Operating Revenue | 56,458,941,202.59 | 18.53% | | Net Profit Attributable to Shareholders | 5,130,494,048.54 | 80.63% | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) | 4,980,660,833.03 | 81.40% | | Net Cash Flow from Operating Activities | 5,484,278,035.80 | 13.76% | | Basic Earnings Per Share (Yuan/Share) | 2.7938 | 80.75% | | Total Assets (Period-End) | 61,634,774,408.98 | 15.98% (vs. end of prior year) | | Shareholders' Equity Attributable to Shareholders (Period-End) | 15,706,011,353.74 | 53.77% (vs. end of prior year) | Non-recurring Gains and Losses Items and Amounts The company's non-recurring gains and losses totaled 149.83 million yuan in the first three quarters of 2022, primarily comprising government subsidies of 168.94 million yuan, which contributed to current period profit Non-recurring Gains and Losses Items for the First Three Quarters of 2022 | Item | Year-to-Date Amount (Yuan) | | :--- | :--- | | Gains/Losses on Disposal of Non-current Assets | 39,118,323.40 | | Government Subsidies Included in Current Profit/Loss | 168,936,705.00 | | Net Non-operating Income and Expenses | -9,162,595.18 | | Total | 149,833,215.51 | Analysis of Changes in Key Financial Indicators The company's net profit attributable to shareholders and EPS significantly increased by over 80% year-on-year in the first three quarters, primarily due to enhanced core competitiveness, cost control, market optimization, and product structure upgrades, leading to significantly improved profitability - Net profit attributable to shareholders (year-to-date) increased by 80.63% year-on-year, primarily due to: - Stable Production and Cost Control: Main production facilities operated for extended periods, leveraging integrated self-sufficiency in raw materials and strengthening key raw material procurement reserves, effectively controlling and optimizing product costs[6] - Increased Selling Prices: Actively implementing domestic fertilizer supply and price stabilization policies while effectively coordinating domestic and international markets, leading to a year-on-year increase in average selling prices of main products[6] - Optimized Product Structure: Accelerating product transformation and upgrading, further enhancing the profitability of non-fertilizer products[6] - Shareholders' equity attributable to shareholders increased by 53.77% from the beginning of the year, primarily due to the significant increase in net profit attributable to shareholders achieved in the first three quarters of 2022[4][6] Shareholder Information This section details the company's shareholder structure, including the total number of common shareholders and the shareholding status of the top ten shareholders Total Number of Common Shareholders and Top Ten Shareholders' Shareholding Status As of September 30, 2022, the company had 243,947 common shareholders, with controlling shareholder Yunnan Yuntianhua Group Co., Ltd. holding 38.09% of shares, of which 155 million shares are pledged, alongside other major institutional and individual investors among the top ten shareholders - At the end of the reporting period, the company had 243,947 common shareholders[7] Top Five Shareholders' Shareholding Status | Shareholder Name | Shareholder Type | Number of Shares Held | Shareholding Percentage (%) | | :--- | :--- | :--- | :--- | | Yunnan Yuntianhua Group Co., Ltd. | State-owned Legal Person | 699,254,292 | 38.09 | | Hong Kong Securities Clearing Company Limited | Overseas Legal Person | 27,462,090 | 1.50 | | Wu Wenbin | Domestic Natural Person | 23,671,328 | 1.29 | | Qianhai Life Insurance Co., Ltd. - Dividend Insurance Product | Other | 15,009,953 | 0.82 | | Agricultural Bank of China Co., Ltd. - CSI 500 ETF | Other | 6,107,455 | 0.33 | - Controlling shareholder Yunnan Yuntianhua Group Co., Ltd. pledged 155,000,000 shares of the company's stock[7] Other Reminders This section addresses any other important information or reminders for investors regarding the company's operations Other Important Information During the reporting period, the company had no other significant operational information requiring special attention from investors - The company has no other significant operational information requiring special attention from investors during this reporting period[10] Quarterly Financial Statements This section presents the company's quarterly financial statements, including the audit opinion type, consolidated balance sheet, income statement, and cash flow statement Type of Audit Opinion The financial statements for this quarter are unaudited - The company's Q3 2022 financial statements are unaudited[3][11] Financial Statements The financial statements as of September 30, 2022, indicate a robust financial position with strong profitability and cash flow, marked by significant growth in total assets and net assets, reflecting business expansion and value creation Consolidated Balance Sheet As of September 30, 2022, total assets were 61.635 billion yuan, up 15.98% from the beginning of the year, with equity attributable to the parent company at 15.706 billion yuan, a 53.77% increase primarily driven by retained earnings, and total liabilities at 42.992 billion yuan, maintaining a stable asset-liability structure Key Items from Consolidated Balance Sheet | Item | September 30, 2022 (Yuan) | December 31, 2021 (Yuan) | Change | | :--- | :--- | :--- | :--- | | Total Assets | 61,634,774,408.98 | 53,142,209,877.61 | +15.98% | | Total Liabilities | 42,992,041,637.15 | 40,544,456,943.51 | +6.04% | | Total Equity Attributable to Parent Company Shareholders | 15,706,011,353.74 | 10,213,818,163.95 | +53.77% | | Retained Earnings | 5,914,561,900.14 | 784,067,851.60 | +654.34% | Consolidated Income Statement In the first three quarters of 2022, the company achieved total operating revenue of 56.459 billion yuan, up 18.53% year-on-year, with operating profit surging 95.77% to 7.507 billion yuan, and net profit attributable to parent company shareholders reaching 5.130 billion yuan, an 80.63% increase, resulting in basic earnings per share of 2.7938 yuan Key Items from Consolidated Income Statement (First Three Quarters of 2022) | Item | Jan-Sep 2022 (Yuan) | Jan-Sep 2021 (Yuan) | YoY Change | | :--- | :--- | :--- | :--- | | I. Total Operating Revenue | 56,458,941,202.59 | 47,632,123,154.69 | +18.53% | | III. Operating Profit | 7,507,295,872.79 | 3,834,802,594.29 | +95.77% | | IV. Total Profit | 7,498,133,277.61 | 3,800,806,778.25 | +97.28% | | Net Profit Attributable to Parent Company Shareholders | 5,130,494,048.54 | 2,840,349,090.68 | +80.63% | | Basic Earnings Per Share (Yuan/Share) | 2.7938 | 1.5457 | +80.75% | Consolidated Cash Flow Statement In the first three quarters of 2022, net cash flow from operating activities was 5.484 billion yuan, up 13.76% year-on-year, while net cash outflow from investing activities expanded to 2.516 billion yuan, primarily for acquiring long-term assets, and net cash outflow from financing activities significantly narrowed to 1.682 billion yuan Key Items from Consolidated Cash Flow Statement (First Three Quarters of 2022) | Item | Jan-Sep 2022 (Yuan) | Jan-Sep 2021 (Yuan) | YoY Change | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 5,484,278,035.80 | 4,820,782,461.33 | +13.76% | | Net Cash Flow from Investing Activities | -2,515,746,448.15 | -712,708,697.35 | Outflow increased 252.99% | | Net Cash Flow from Financing Activities | -1,681,806,003.66 | -3,683,647,033.07 | Outflow decreased 54.34% | | Cash and Cash Equivalents at Period End | 8,829,872,253.89 | 6,998,491,069.54 | +26.17% |