Liuguo Chemical(600470)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was approximately CNY 1.94 billion, representing a year-on-year increase of 13.83% compared to CNY 1.71 billion in the same period last year[6]. - The net profit attributable to shareholders of the listed company was a loss of approximately CNY 21.15 million, a decrease of 510.14% compared to a profit of CNY 6.32 million in the same period last year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of approximately CNY 24.43 million, compared to a loss of CNY 36.30 million in the same period last year[6]. - The basic earnings per share for Q3 2023 was -CNY 0.04, a decrease of 500% compared to CNY 0.01 in the same period last year[6]. - Total operating revenue for the first three quarters of 2023 was ¥5,263,250,789.25, a decrease of 13.99% compared to ¥6,119,240,880.11 in the same period of 2022[20]. - Net profit for the third quarter of 2023 was ¥12,534,399.70, a significant decline from ¥258,186,178.87 in the same quarter of 2022[21]. - The company reported a net loss attributable to shareholders of ¥11,416,633.84 for the third quarter of 2023, compared to a profit of ¥196,850,487.53 in the same period last year[21]. Assets and Liabilities - The total assets at the end of Q3 2023 were approximately CNY 6.48 billion, a decrease of 7.97% from CNY 7.04 billion at the end of the previous year[6]. - The total liabilities decreased to ¥4,558,010,916.55 in Q3 2023 from ¥5,141,203,739.30 in Q3 2022, indicating a reduction of 11.34%[18]. - The total equity attributable to shareholders increased slightly to ¥1,789,237,411.43 in Q3 2023 from ¥1,788,404,651.02 in Q3 2022[18]. - The company's cash and cash equivalents decreased from CNY 2,153,442,388.62 at the end of 2022 to CNY 1,545,348,559.59 as of September 30, 2023, a decline of approximately 28.2%[15]. - Total current assets decreased from CNY 4,255,776,898.12 at the end of 2022 to CNY 3,453,589,012.98, a reduction of approximately 18.8%[16]. - Non-current assets increased from CNY 2,788,152,616.49 at the end of 2022 to CNY 3,029,270,210.26, reflecting a growth of about 8.7%[16]. - Total assets decreased from CNY 7,043,929,514.61 at the end of 2022 to CNY 6,482,859,223.23, a decline of approximately 8%[16]. - Short-term borrowings decreased from CNY 2,462,441,969.72 at the end of 2022 to CNY 1,941,636,668.83, a decrease of about 21.1%[16]. Cash Flow - The net cash flow from operating activities for the year-to-date was approximately -CNY 33.87 million, a decrease of 109.15% compared to CNY 382.23 million in the same period last year[11]. - The company’s cash flow from operating activities for the first three quarters of 2023 showed a net inflow, although specific figures were not disclosed in the provided content[22]. - The cash inflow from investment activities totaled approximately 25.90 million in the same period of 2022[24]. - The net cash flow from investment activities was approximately -97.74 million in the same period of 2022[24]. - The cash inflow from financing activities was approximately 2.81 billion in the same period of 2022[24]. - The net cash flow from financing activities improved to approximately 43.92 million in the same period of 2022[24]. - The total cash and cash equivalents at the end of Q3 2023 stood at approximately 708.90 million at the end of Q3 2022[24]. - The company reported a cash outflow of approximately 5.33 billion in the same period of 2022[23]. - The company received approximately 2.25 billion in the same period of 2022[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 62,288[12]. - The largest shareholder, Tongling Chemical Industry Group Co., Ltd., holds 132,971,744 shares, accounting for 25.49% of total shares[12]. Strategic Developments - The company completed the acquisition of a 100% stake in Luyang Building Materials, which is now a wholly-owned subsidiary, effective from September 2023[7]. - The company has not disclosed any significant new strategies or product developments in the current reporting period[14]. - The company plans to focus on market expansion and new product development in the upcoming quarters, although specific strategies were not detailed in the provided content[22].