吉林化纤(000420) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the reporting period was ¥646,965,869.69, reflecting a year-on-year increase of 2.34[10] - Net profit attributable to shareholders was -¥128,685,300.24, a decrease of 1,270.31% compared to the same period last year[10] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥129,191,786.37, down 1,357.21% year-on-year[10] - Basic earnings per share were -¥0.0653, a decline of 1,266.07% compared to the previous year[10] - The weighted average return on net assets was -4.37%, down from -7.23% in the same period last year[10] - The company reported a net cash flow from operating activities of -¥10,652,763.84, a decrease of 124.14% year-on-year[10] - The company reported a net profit loss of ¥129,188,178.82 for the current period, compared to a net profit of ¥15,852,262.84 in the previous period, indicating a significant decline in profitability[60] - The total comprehensive income for the current period was -¥129,188,178.82, compared to ¥15,852,262.84 in the previous period, highlighting a drastic decline in overall financial performance[62] - The company's operating revenue for the current period is ¥1,617,393,863.25, a decrease of approximately 10.7% compared to ¥1,811,048,768.12 in the previous period[79] - The net profit for the current period is -¥206,775,404.10, compared to a net profit of ¥93,389,765.55 in the previous period, indicating a significant decline[75] - The basic earnings per share for the current period is -0.1066, down from 0.0415 in the previous period[75] - The total profit for the current period is -¥210,197,420.51, compared to ¥82,148,532.22 in the previous period, showing a substantial loss[71] Assets and Liabilities - Total assets at the end of the reporting period reached ¥9,008,967,021.80, an increase of 6.26% compared to the previous year[10] - The company's total equity decreased to CNY 2,812,452,786.63 from CNY 3,019,228,190.73, reflecting a decline of about 6.9%[47] - The total liabilities of the company reached CNY 6,196,514,235.17, compared to CNY 5,459,206,065.84, indicating an increase of approximately 13.5%[45] - Current liabilities totaled CNY 5,475,256,543.89, up from CNY 4,687,894,468.55, which is an increase of approximately 16.8%[45] - The company's short-term borrowings increased to CNY 2,393,150,000.00 from CNY 2,065,150,000.00, representing a growth of about 15.9%[45] - Non-current assets decreased to CNY 6,050,541,052.53 from CNY 6,112,916,243.30, showing a decline of about 1.0%[50] Cash Flow - Cash inflow from operating activities totaled 1,151,275,990.16 CNY, while cash outflow was 1,161,928,754.00 CNY, resulting in a net cash flow of -10,652,763.84 CNY[85] - Cash inflow from operating activities was 1,118,966,522.03 CNY, slightly down from 1,137,101,152.04 CNY in the previous period[91] - Investment activities generated a net cash flow of -96,851,353.73 CNY, a decrease from -325,084,783.48 CNY in the previous period[87] - Cash inflow from financing activities was 3,380,410,044.66 CNY, up from 2,417,458,462.19 CNY in the previous period[87] - The company received 1,990,300,000.00 CNY in borrowings, an increase from 1,590,478,000.00 CNY in the previous period[87] - The company reported a cash outflow of 1,663,286,667.23 CNY related to financing activities, which increased from 895,643,048.81 CNY in the previous period[93] Shareholder Information - The total number of shareholders at the end of the reporting period was 75,727, with the top ten shareholders holding significant stakes[14] - The largest shareholder, Shanghai Fangda Investment Management Co., Ltd., held 16.25% of the shares, totaling 320,208,776 shares[14] Operational Costs and Expenses - Total operating costs rose to CNY 773,971,353.71 from CNY 587,713,597.79, marking an increase of about 31.7% year-over-year[57] - Operating costs rose to ¥651,117,242.51, up from ¥475,177,324.70, reflecting a substantial increase in expenses[63] - The company incurred financial expenses of ¥80,427,003.37, which is a significant increase from ¥49,125,781.38 in the previous period, primarily due to higher interest expenses[63] - Financial expenses for the current period amount to ¥203,895,476.61, an increase from ¥157,061,155.82 in the previous period[71] - Interest expenses are reported at ¥141,442,312.39, compared to ¥120,262,525.22 in the previous period, reflecting a rise of approximately 17.6%[71] Future Strategy - The company plans to focus on market expansion and new product development as part of its future strategy[67] - The company has ongoing commitments related to industry competition and is fulfilling its commitments made during the IPO and refinancing processes[25] Research and Development - The company reported a significant increase in research and development expenses to ¥1,372,381.06 from ¥1,125,237.74, reflecting a commitment to innovation[63]