沈阳化工(000698) - 2021 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2021 reached ¥2,832,417,358.33, an increase of 9.77% year-over-year, while year-to-date revenue totaled ¥8,015,816,080.78, reflecting a 36.97% increase compared to the same period last year[3] - The net profit attributable to shareholders was a loss of ¥53,536,841.84, a decline of 124.48% year-over-year, with year-to-date net profit at ¥322,788,690.80, up 1,309.69%[3] - The basic and diluted earnings per share for Q3 2021 were both -¥0.065, a decrease of 124.20% compared to the same period last year, while year-to-date earnings per share were ¥0.394, an increase of 1,307.14%[3] - Total operating revenue for Q3 2021 reached ¥8,015,816,080.78, an increase of 36.9% compared to ¥5,852,437,558.86 in Q3 2020[18] - Operating profit for Q3 2021 was ¥434,237,384.02, significantly higher than ¥125,635,349.41 in Q3 2020, marking a growth of 245.5%[18] - Net profit for Q3 2021 after tax was ¥323,648,035.18, compared to ¥23,360,172.07 in Q3 2020, indicating a substantial increase[18] - The net profit for Q3 2021 was CNY 323,648,035.18, a significant increase from CNY 23,360,173.07 in the same period last year, representing a growth of approximately 1,286%[19] - The net profit attributable to the parent company was CNY 322,788,690.80, compared to CNY 22,897,841.61 in Q3 2020, indicating a year-over-year increase of about 1,309%[19] Cash Flow and Investments - Operating cash flow for the year-to-date period was ¥1,465,017,473.90, representing a significant increase of 275.55%[3] - The operating cash flow for the period was CNY 1,465,017,473.90, a turnaround from a negative cash flow of CNY -834,516,862.13 in the previous year[21] - The net cash outflow from investing activities was CNY -246,514,408.26, compared to CNY -62,622,060.04 in the previous year, indicating increased investment activity[22] - The net cash outflow from financing activities was CNY -1,594,138,288.64, a decrease from a net inflow of CNY 922,923,403.63 in Q3 2020, suggesting a shift in financing strategy[22] Costs and Expenses - The company's operating costs rose by 39% year-over-year to ¥7,146,070,030.19, primarily due to increased raw material prices[7] - The company's research and development expenses increased by 63% year-over-year to ¥178,897,697.75, driven by increased project investments and rising raw material costs[8] - The company reported a significant decrease in sales expenses by 76% year-over-year, attributed to changes in new revenue recognition standards[7] - Total operating costs for Q3 2021 were ¥7,617,914,402.66, up from ¥5,807,085,770.33 in the same period last year, reflecting a 31.1% increase[18] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥10,320,092,783.17, a decrease of 1.29% from the end of the previous year[3] - Total assets decreased to ¥10,320,092,783.17 from ¥10,455,275,895.99, a decline of 1.3%[16] - Total liabilities decreased to ¥5,979,790,858.03 from ¥6,369,654,134.98, a reduction of 6.1%[16] - Shareholders' equity increased to ¥4,340,301,925.14 from ¥4,085,621,761.01, reflecting a growth of 6.2%[16] Shareholder Information - The company’s total number of ordinary shareholders at the end of the reporting period was 65,811[10] Inventory and Receivables - Accounts receivable increased to ¥97,048,705.74 from ¥74,703,778.34, reflecting a rise of 29.8% year-over-year[14] - Inventory as of September 30, 2021, was ¥674,276,697.82, slightly down from ¥679,216,616.83 at the end of 2020, a decrease of 0.6%[14] Other Information - Cash and cash equivalents as of September 30, 2021, amounted to ¥1,854,587,893.63, up from ¥1,696,541,509.95 at the end of 2020, representing a growth of 9.3%[14] - Cash and cash equivalents at the end of the period were CNY 1,024,088,618.91, down from CNY 1,571,087,873.43 at the end of Q3 2020, a decrease of approximately 35%[22] - The company did not require adjustments to the balance sheet for the new leasing standards, as it only has short-term leases and low-value asset leases[23] - The Q3 report was not audited, which may affect the reliability of the financial data presented[24]