东华能源(002221) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥7,187,330,734.46, a decrease of 1.27% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2021 was ¥206,125,437.23, down 39.17% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥202,568,827.04, a decrease of 34.69% compared to the previous year[2] - The net profit for Q3 2021 was CNY 959,636,891.24, a decrease of 6.9% compared to CNY 1,031,011,886.99 in Q3 2020[14] - Operating profit for the quarter was CNY 1,205,356,571.01, down 5% from CNY 1,268,376,151.08 in the same period last year[14] - Total revenue from sales of goods and services received was CNY 22,508,769,704.20, a decline from CNY 24,916,414,005.01 in the previous year[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥425,928,251.66, an increase of 165.71% year-on-year[2] - The net cash flow from operating activities was CNY 425,928,251.66, a recovery from a negative cash flow of CNY -648,216,881.92 in the same quarter last year[17] - The net cash flow from financing activities increased by 118.69% year-on-year, totaling an increase of ¥75,070.86 million[5] - The net cash flow from financing activities was CNY 1,383,201,306.12, an increase of 118% compared to CNY 632,492,741.16 in the previous year[18] - The total cash inflow from financing activities was CNY 12,642,067,305.41, compared to CNY 7,693,506,842.46 in the same period last year, representing a growth of 64%[18] - Cash outflow from financing activities totaled CNY 11,258,865,999.29, an increase from CNY 7,061,014,101.30 in the previous year[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥33,182,559,824.46, representing a growth of 17.99% from the end of the previous year[2] - Current assets increased to CNY 17,044,491,234.55 as of September 30, 2021, compared to CNY 15,563,625,776.20 at the end of 2020, reflecting a growth of 9.5%[10] - Non-current assets totaled CNY 16,138,068,589.91, up from CNY 12,560,231,949.26 at the end of 2020, representing a significant increase of 28.8%[11] - Total liabilities amounted to CNY 22,245,105,318.79, up from CNY 17,916,226,914.23, indicating a rise of 24.6%[12] - The company's total liabilities increased significantly, with contract liabilities rising by 286.65% to ¥36,628.82 million[4] Research and Development - The company's R&D expenses increased by 631.22% year-on-year, amounting to an increase of ¥4,937.56 million[4] - Research and development expenses increased significantly to CNY 57,197,787.38 from CNY 7,822,206.57, marking a growth of 631.5% year-over-year[14] Shareholder Information - The company has 41,863 common shareholders at the end of the reporting period[6] - The largest shareholder, Donghua Petroleum (Yangtze) Co., Ltd., holds 19.73% of shares, totaling 325,360,000 shares[6] - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest holding being 19.73%[6] Production and Sales - The company produced 186,800 tons of polypropylene, a decrease of 37.42% year-on-year[8] - Hydrogen sales revenue for the reporting period was 43 million RMB, with a total of 125 million RMB for the first three quarters, representing a year-on-year increase of 31.58%[8] Projects and Operations - The company is progressing with the Maoming Phase I project, with pile foundation work nearly completed and installation of the heating furnace for the 1 PDH unit starting on August 31, 2021[8] - The Ningbo Phase II and III projects completed maintenance and are currently operating smoothly[8] - The company has a systematic advantage in the supply chain, effectively managing raw material cost fluctuations to ensure stable operations[8] Other Financial Information - The company's investment income decreased by 70.29% year-on-year, amounting to a reduction of ¥4,860.87 million[5] - The company's cash and cash equivalents decreased to CNY 7,186,190,555.38 from CNY 7,661,649,583.79, a decline of 6.2%[10] - Inventory increased to CNY 2,707,313,040.12, compared to CNY 2,225,899,752.59 at the end of 2020, marking a growth of 21.6%[10] - Long-term borrowings rose to CNY 4,793,443,448.76 from CNY 4,315,031,763.15, reflecting an increase of 11.1%[12] - The company's retained earnings increased to CNY 5,491,929,523.93 from CNY 4,897,659,298.61, showing a growth of 12.1%[12] Audit and Compliance - The company did not undergo an audit for the third quarter report[19] - The company has not applied the new leasing standards for the first time in 2021[19]