龙星化工(002442) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥1,041,493,193.59, a decrease of 13.10% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2023 was ¥47,166,402.65, an increase of 35.68% year-on-year[5] - The basic earnings per share for Q3 2023 was ¥0.0975, representing a growth of 38.49% compared to the previous year[5] - Total operating revenue for the third quarter was CNY 3,197,722,771.09, a decrease of 5.9% compared to CNY 3,398,599,883.24 in the same period last year[26] - Net profit for the period was CNY 103,851,744.87, an increase of 10.5% from CNY 93,861,989.98 in the previous year[27] - Basic earnings per share rose to CNY 0.2146, compared to CNY 0.1936 in the same quarter last year, marking an increase of 6.1%[28] Assets and Liabilities - Total assets as of September 30, 2023, reached ¥3,744,827,218.66, reflecting a 10.79% increase from the end of the previous year[5] - The company reported a total current liabilities of 1.5 billion yuan as of September 30, 2023, compared to 1.4 billion yuan at the beginning of the year[23] - The company’s total liabilities increased to 2.5 billion yuan from 2.3 billion yuan at the beginning of the year[23] - The total liabilities reached CNY 2,042,964,297.54, up from CNY 1,791,102,206.44, reflecting an increase of 14.0%[24] - Total equity attributable to shareholders was CNY 1,701,862,921.12, compared to CNY 1,588,884,206.14, representing an increase of 7.1%[24] Cash Flow - The company's cash flow from operating activities showed a net amount of ¥76,152,175.75, a decrease of 43.44% year-to-date[5] - Cash flow from operating activities was CNY 2,311,803,148.51, an increase from CNY 2,247,336,104.28, indicating a growth of 2.9%[29] - Net cash flow from operating activities decreased to CNY 76,152,175.75, down from CNY 134,629,115.70, representing a decline of about 43.3%[30] - Cash received from financing activities totaled CNY 1,178,502,572.62, up from CNY 804,507,237.04, indicating an increase of about 46.3%[30] - The cash flow from financing activities turned negative at -¥18,686,935.32, a decrease of 123.93% compared to the previous year, due to higher cash payments in financing activities[12] Investments and Expenses - The cash paid for the acquisition of fixed assets surged by 238.83% to ¥150,811,462.55, reflecting significant investments in subsidiary assets[12] - Research and development expenses were CNY 21,227,029.82, slightly down from CNY 21,233,628.30, showing a marginal decrease[27] - Financial expenses increased significantly to CNY 25,147,177.86 from CNY 2,413,462.18, primarily due to higher interest expenses[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,356, with the largest shareholder, Liu Jiangshan, holding 19.95% of the shares[13] - The company approved the unlocking of 2,871,000 shares of restricted stock, representing approximately 0.5849% of the total share capital, with a listing date of October 24, 2023[21] Regulatory and Accounting Changes - The company has taken corrective measures following regulatory actions regarding undisclosed related party transactions involving its controlling shareholder[15] - The company adopted new accounting standards starting in 2023, affecting the financial statement items[31]