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On October 24, Wanhua Chemical (600309) released its 2019 third quarter report: From the beginning of 2019 to the end of the reporting period: operating income was 48,539,171,2952 yuan, down 148% from the same period last year; net profit attributable to shareholders of the listed company was 7,899,299,2283 yuan , down 475% from the same period last ye.
The announcement shows that at the end of the reporting period: total assets were 96,484,599,7288 yuan, an increase of 182% over the end of the previous ye.
From the beginning of 2019 to the end of the reporting period: the net cash flow from operating activities was RMB 13,121,575,3800, a decrease of 332% over the same period of the previous year; the basic earnings per share was RMB 52 per sha.
It is understood that the net cash flow from operating activities was 13,121,575,3800 yuan, a decrease of 332% over the same period of the previous year; this was due to the substantial drop in the price of the company's main product MDI during the reporting peri.
According to the data from the website, Wanhua Chemical is mainly engaged in polyurethane (MDI, TDI, polyol), propylene and its downstream petrochemical products such as PVC, acrylic acid, ethylene oxide, propylene oxide, styrene, SAP, TPU, PC, e.
