BHCC(SH:600800)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 1,218,188,330.28, representing a year-on-year increase of 17.71%[5] - The net profit attributable to shareholders for Q3 2021 was CNY 30,350,763.75, a decrease of 79.16% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was CNY 30,103,583.43, down 79.23% year-on-year[5] - The basic earnings per share for Q3 2021 was CNY 0.0256, a decline of 82.38% compared to the previous year[6] - The diluted earnings per share for Q3 2021 was also CNY 0.0256, reflecting the same percentage decrease of 82.38%[6] - Operating profit for the first three quarters of 2021 was ¥185,727,395.15, up from ¥137,912,420.73 in the previous year, reflecting a growth of 34.6%[20] - Net profit attributable to shareholders of the parent company for Q3 2021 was ¥117,497,463.46, compared to ¥37,509,201.51 in Q3 2020, marking an increase of 213.5%[20] - The company reported a total comprehensive income of ¥115,147,929.39 for Q3 2021, compared to ¥36,357,080.96 in Q3 2020, indicating a growth of 216.5%[21] Assets and Liabilities - Total assets at the end of Q3 2021 amounted to CNY 4,985,692,150.18, an increase of 5.58% from the end of the previous year[6] - The equity attributable to shareholders at the end of Q3 2021 was CNY 2,890,958,687.02, up 4.24% from the previous year-end[6] - The company's total assets as of September 30, 2021, amount to 4,985,692,150.18 RMB, an increase from 4,722,196,586.44 RMB at the end of 2020[16] - Current assets total 2,287,144,728.93 RMB, up from 1,855,116,674.88 RMB year-over-year[16] - The total liabilities amount to 2,094,733,463.16 RMB, compared to 1,948,881,087.56 RMB in the previous year[17] - The company’s total liabilities and shareholders' equity reached ¥4,985,692,150.18, up from ¥4,722,196,586.44 in the previous year, reflecting a growth of 5.6%[18] Cash Flow - The cash flow from operating activities for the year-to-date period was CNY -102,647,374.72, a decrease of 113.99%[6] - The company reported a net cash flow from operating activities of -¥102,647,374.72 for the first three quarters of 2021, a decline from ¥733,778,860.37 in the same period of 2020[24] - The net cash flow from financing activities was -85,365,399.26 RMB, compared to -697,991,265.79 RMB in the previous year, indicating an improvement[25] - The total cash and cash equivalents at the end of the period decreased to 646,874,287.93 RMB from 156,123,855.69 RMB year-over-year[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 47,438[12] - The largest shareholder, Tianjin Bohai Chemical Group Co., Ltd., holds 391,135,219 shares, accounting for 32.99% of total shares[12] - The company has a pledged shareholding of 55,300,000 shares by Hebei HNA Petrochemical New Materials Co., Ltd.[12] Strategic Initiatives - The company attributed the decline in net profit to a significant increase in raw material prices during the reporting period[10] - The company is focusing on market expansion and new product development as part of its strategic initiatives[12] Research and Development - Research and development expenses for the first three quarters of 2021 totaled ¥57,785,224.47, significantly higher than ¥20,524,820.65 in the previous year, indicating an increase of 180.5%[19] Operating Costs - The company incurred a total operating cost of ¥2,894,124,799.35 in the first three quarters of 2021, which is an increase of 75.2% from ¥1,652,484,418.83 in the same period of 2020[19]