SCAC(SH:600618)2023-10-27 16:00Financial Performance - The diluted earnings per share for Q3 2023 was CNY 0.1286, a decrease of 41.28% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was CNY 148,696,009.91, down 41.29% year-on-year[16]. - Operating revenue for Q3 2023 was CNY 1,817,689,657.64, reflecting a growth of 38.87% year-on-year[16]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 139,578,464.48, a decrease of 44.83% year-on-year[16]. - The basic earnings per share decreased to RMB 0.3855 from RMB 0.9856, reflecting a decline of 60.9% year-over-year[31]. - The total comprehensive income attributable to the parent company was RMB 438,671,802.17, down from RMB 1,131,722,741.98, indicating a decrease of 61.2%[31]. - The net profit attributable to shareholders of the listed company decreased by 41.29% compared to the same period last year, primarily due to lower selling prices of PVC, caustic soda, and dichloroethane products[41]. - The net profit attributable to shareholders for the year-to-date period decreased by 60.89%, influenced by lower selling prices and reduced investment income[41]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date period fell by 63.94% compared to the same period last year[41]. - The net profit for Q3 2023 was ¥515.67 million, a decrease from ¥1.13 billion in the same period last year, reflecting a year-over-year decline of approximately 54.4%[62]. - Operating profit for the quarter was ¥588.18 million, down from ¥1.26 billion in Q3 2022, indicating a decline of about 53.3%[62]. - The total profit before tax was ¥588.55 million, compared to ¥1.26 billion in the previous year, showing a decrease of approximately 53.3%[62]. Assets and Liabilities - Total assets at the end of Q3 2023 reached CNY 12,120,436,216.36, representing an increase of 8.50% from the end of the previous year[5]. - The total equity attributable to shareholders at the end of Q3 2023 was CNY 7,811,328,257.29, a slight increase of 0.29% from the previous year[5]. - Total assets increased to RMB 12,120,436,216.36, up from RMB 11,170,758,347.22, representing a growth of approximately 8.5% year-over-year[26]. - The company’s total liabilities increased to RMB 4,715,645,232.74, up from RMB 4,432,675,293.28, reflecting a growth of 6.4%[26]. - Total liabilities increased to ¥3,745,898,151.68 in 2023, compared to ¥2,888,507,903.81 in 2022, marking a rise of 29.66%[50]. - The total liabilities amounted to approximately ¥2.89 billion, with current liabilities at ¥1.42 billion and non-current liabilities at ¥1.47 billion[59]. Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 452,022,349.62, down 61.08% compared to the same period last year[16]. - The company reported a net cash flow from operating activities of RMB 452,022,349.62, a decrease of 61.1% from RMB 1,161,362,728.60 in the same period last year[33]. - The net cash flow from operating activities for the year-to-date period decreased by 61.08%, mainly due to increased procurement payments and a reduction in VAT refunds received[41]. - Net cash flow from operating activities was ¥5,057,713,977.32 for the first three quarters of 2023, compared to ¥4,165,984,223.36 in the same period of 2022[53]. - The cash flow from investing activities showed a net outflow of RMB 172,948,565.88, compared to a net outflow of RMB 1,485,422,819.29 in the previous year, indicating a significant reduction in cash outflow[33]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 80,402[9]. - The total equity attributable to shareholders of the parent company was approximately RMB 7.79 billion as of September 30, 2023[39]. - The total equity stood at approximately ¥2.83 billion, with paid-in capital at ¥1.16 billion and capital reserve at ¥1.67 billion[59]. Research and Development - Research and development expenses increased to ¥160,255,068.71 in 2023, compared to ¥106,820,816.38 in 2022, reflecting a growth of 50%[50].