Financial Performance - The total operating revenue for 2022 was approximately ¥487.65 million, a decrease of 38.66% compared to ¥795.02 million in the previous year[3] - The net profit attributable to shareholders was approximately -¥23.56 million, representing a decline of 145.28% from ¥52.03 million in the prior year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately -¥28.28 million, down 167.12% from ¥42.13 million year-on-year[3] - Basic earnings per share were -¥0.25, a decrease of 136.76% compared to ¥0.68 in the previous year[3] Assets and Equity - Total assets at the end of the reporting period were approximately ¥814.23 million, down 10.31% from ¥907.80 million at the beginning of the period[4] - Shareholders' equity attributable to the company was approximately ¥438.60 million, a decrease of 9.71% from ¥485.78 million[4] Performance Decline Factors - The decline in performance was primarily due to a significant drop in orders for commercial vehicle wiring harnesses and engine wiring harnesses, influenced by the pandemic and delayed infrastructure projects[5] - The gross profit margin decreased due to rising direct labor costs and reduced product sales prices as a result of customer discount promotions[5] Workforce and Future Outlook - The company aims to stabilize its workforce despite the challenging market conditions[5] - The financial data presented is preliminary and subject to audit, with final figures to be disclosed in the annual report[6]

Financial Performance - Net profit attributable to shareholders was a loss of CNY 13,891,166.49, a decrease of 137.88% year-on-year[16] - Operating revenue for the first nine months was CNY 380,632,322.44, down 38.30% from CNY 616,951,863.99 in the same period last year[16] - Basic earnings per share dropped to -CNY 0.15, a decrease of 130.00% year-on-year[16] - Operating revenue decreased by 38.30% to ¥380,632,322.44 compared to ¥616,951,863.99 in the same period last year, primarily due to a decline in the commercial vehicle industry and the impact of the pandemic[20] - Net profit for the period was -¥13,891,166.49, a decrease of 137.88% from a profit of ¥36,673,881.35 in the previous year, attributed to reduced business volume[21] - Total profit decreased by 157.49% to -¥21,374,510.86 from ¥37,178,656.79, mainly due to the decline in the commercial vehicle sector and reduced business volume[20] - The net profit for the third quarter of 2022 was -2,175,673.51 CNY, compared to a net profit of 8,760,603.12 CNY in the same period of 2021, representing a significant decline[63] - The total operating profit for the third quarter was -3,267,904.00 CNY, down from 8,688,690.19 CNY year-over-year[63] Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of CNY 39,201,564.02, a decline of 973.17% compared to the previous year[17] - Cash flow from operating activities for the first nine months of 2022 was 14,860,892.45 CNY, a decrease from 17,350,788.17 CNY in the same period of 2021[65] - The company incurred a total operating cash outflow of 476,717,734.01 CNY in the first nine months of 2022, compared to 518,260,535.37 CNY in 2021[65] - The net cash flow from operating activities was 2,739,818.83 CNY, a decrease of 80% compared to 13,660,980.54 CNY in the previous year[68] - The total cash outflow from investing activities was 148,110,992.46 CNY, significantly higher than 37,441,540.38 CNY in the same period last year[68] - The net increase in cash and cash equivalents was -127,458,949.29 CNY, compared to -21,158,337.73 CNY in the previous year, indicating worsening liquidity[68] Assets and Liabilities - Total assets decreased by 18.07% to CNY 743,777,802.12 compared to the end of the previous year[16] - The company's asset-liability ratio decreased to 39.73% from 46.49% at the end of the previous year[16] - The company reported a significant reduction in cash and cash equivalents, down 77.96% to CNY 46,854,546.35 due to loan repayments and dividend distributions[18] - Total liabilities decreased to CNY 295,503,305.64 from CNY 422,019,639.87 year-over-year[51] - Current liabilities totaled CNY 229,454,221.74, down 36% from CNY 357,988,355.56 in the previous year[51] - The total current assets decreased to ¥546,269,006.00 from ¥708,799,421.88 year-over-year[49] Shareholder Information - The total number of ordinary shareholders was 8,412 at the end of the reporting period[26] - The total number of shares held by the top ten shareholders is 72,296,141, representing 76.54% of the total shares[30] - Nantong Juyuan Investment Management Co., Ltd. holds 37,306,000 shares, accounting for 39.49% of the total shares[30] - Kunshan Hongzhi Electric Co., Ltd. holds 18,240,000 shares, representing 19.31% of the total shares[30] Related Party Transactions and Guarantees - The company provided guarantees totaling 9,000,000 yuan for its wholly-owned subsidiary Nantong Hongzhi, with no outstanding guarantee balance[37] - The company reported a total of 990,767.40 CNY in routine related party transactions from the beginning of the year to the end of the reporting period[39] - The company provided guarantees amounting to 3,500,000.00 CNY for a related party from April 2021 to April 2022[40] - The company also provided a guarantee of 10,000,000.00 CNY for another related party from May 2021 to May 2022[40] - The company has engaged in significant related party transactions, with a total of 14,000,000.00 CNY in guarantees reported in March 2022[41] Operational Strategy - The company plans to focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters[10] - The company reported a financial expense of CNY 305,825.29 in Q3 2022, significantly lower than CNY 2,088,278.55 in Q3 2021, indicating improved cost management[62]

Financial Performance - Revenue for the current period is $237.22 million, a decrease of 47.61% compared to the same period last year, which was $452.82 million[30]. - Net profit attributable to shareholders is -$7.65 million, representing a decline of 124.08% from $31.77 million in the previous year[30]. - Total assets decreased by 20.90% to $718.09 million from $907.80 million at the end of the previous year[31]. - Total liabilities decreased by 37.54% to $263.58 million from $422.02 million at the end of the previous year[31]. - The company's gross profit margin decreased to 19.52% from 23.21% year-on-year[30]. - The weighted average return on equity based on net profit attributable to shareholders is -1.60%, down from 11.07% in the previous year[30]. - The net profit for the current period is a loss of ¥7,647,948.02, down 124.08% from a profit of ¥31,765,525.09 in the previous year[50]. - The total operating revenue for the first half of 2022 was CNY 237,217,492.02, a decrease from CNY 452,816,530.49 in the same period of 2021, representing a decline of approximately 47.6%[159]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥53,714,501.50, while investment and financing activities showed negative cash flows of ¥94,485,589.90 and ¥122,150,531.81, respectively, indicating potential cash flow challenges[15]. - The company's cash and cash equivalents decreased by 74.11% to ¥55,037,387.62, primarily due to loan repayments and dividend distributions[46]. - The net cash flow from operating activities for the first half of 2022 was approximately ¥53.71 million, compared to ¥12.86 million in the same period of 2021, showing an increase of 317.5%[167]. - The total cash outflow from investing activities in the first half of 2022 was approximately ¥193.63 million, compared to ¥28.93 million in the same period of 2021, indicating a significant increase in investment activity[168]. Customer Concentration and Risks - The company's main business revenue from the top five customers accounted for 93.74% of total sales, indicating a high customer concentration risk[14]. - The company emphasizes the importance of maintaining stable relationships with major clients to mitigate revenue decline risks associated with customer concentration[14]. - The company faces risks related to fluctuations in raw material prices, particularly copper, rubber, and plastic, which are subject to market volatility[14]. - The company has a significant risk of operational impact if it fails to keep up with the rapid technological advancements and product lifecycle changes in the automotive manufacturing sector[13]. Research and Development - The company has established a leading enterprise technology center and electrical laboratory for new product design and development[38]. - Research and development expenses increased by 6.39% to ¥22,832,132.34, representing 9.62% of total revenue[49]. - The company developed new products including the Levo Heavy Machinery wiring harness and the Wuling Liuji engine wiring harness, which have entered small-scale production[41]. - The company has obtained 2 authorized invention patents and 20 utility model patents during the reporting period, with a total of 12 valid invention patents and 132 utility model patents by the end of the period[42]. Government Support and Subsidies - The company received government subsidies amounting to ¥1,108,072.91 during the reporting period, which may impact future profit levels if policies change[15]. - The company received increased government subsidies, contributing to a 141.18% rise in other income to ¥1,123,235.41[49]. Operational Challenges - The company experienced a significant decline in orders due to the pandemic and a downturn in the commercial vehicle market, impacting revenue across various product lines[51]. - The automotive industry faced a 3.7% decline in production and a 6.6% decline in sales, with commercial vehicles experiencing a significant drop of 38.5% in production[44]. - The company is facing risks related to new product development due to the fast-paced updates in the automotive manufacturing industry[72]. Corporate Governance and Compliance - The company has established regulations for related party transactions to protect the rights of shareholders, particularly minority shareholders, ensuring compliance with legal standards[101]. - The company has committed to ensuring the authenticity, accuracy, and completeness of its issuance application documents, which is currently being fulfilled[104]. - The company has not reported any significant violations or legal issues during the reporting period, maintaining compliance with its commitments[100]. Future Outlook - The company anticipates a recovery in the passenger vehicle market and continued growth in the new energy vehicle sector in the second half of the year[45]. - The company plans to actively develop new energy vehicle supporting products to mitigate risks associated with the automotive industry's fluctuations[72]. - The management provided a positive outlook for the remainder of 2022, expecting continued revenue growth driven by increased demand in key markets[198].

大地电气 证券代码 : 870436 南通大地电气股份有限公司 2022 年第一季度报告 1 | 第一节 | 重要提示 4 | | --- | --- | | 第二节 | 公司基本情况 5 | | 第三节 | 重大事件 12 | | 第四节 | 财务会计报告 17 | 3 释义 释义项目 释义 公司、本公司、大地电气、南通大地 指 南通大地电气股份有限公司 证监会 指 中国证券监督管理委员会 北交所 指 北京证券交易所 昆山奇致 指 昆山奇致商贸有限公司 南通宏致 指 南通宏致汽车电子科技有限公司 报告期、本期 指 2022 年 1 月 1 日至 2022 年 3 月 31 日 元、万元 指 人民币元、人民币万元 第一节 重要提示 公司董事、监事、高级管理人员保证本报告所载资料不存在虚假记载、误导性陈述或者重大遗漏，并对 其内容的真实性、准确性和完整性承担个别及连带责任。 公司负责人蒋明泉、主管会计工作负责人陈龙全及会计机构负责人（会计主管人员）马文泰保证季 度报告中财务报告的真实、准确、完整。 本季度报告未经会计师事务所审计。 本季度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺，投资者及相关人 ...

Company Recognition and Achievements - The company was recognized as a demonstration enterprise for industry-education integration in Nantong on May 21, 2021[5]. - The company was recognized as a "Little Giant" enterprise in Jiangsu Province for the year 2020, valid from 2020 to 2022[5]. - The company was recognized as a "Specialized, Refined, and Innovative" small giant enterprise in Jiangsu Province for 2020[57]. - The company received IATF16949 certification for quality management across all subsidiaries, enhancing overall quality management standards[56]. Financial Performance - The company's operating revenue for 2021 was ¥795,017,047.55, representing a year-over-year increase of 3.81% compared to ¥765,843,936.38 in 2020[32]. - The net profit attributable to shareholders for 2021 was ¥52,034,343.20, a decrease of 17.81% from ¥63,313,318.25 in 2020[32]. - The total assets at the end of 2021 amounted to ¥907,798,656.48, reflecting an 18.77% increase from ¥764,317,576.42 at the end of 2020[34]. - The total liabilities decreased by 13.96% to ¥422,019,639.87 in 2021 from ¥490,466,083.78 in 2020[34]. - The company's weighted average return on equity (ROE) based on net profit attributable to shareholders was 16.23% in 2021, down from 25.26% in 2020[32]. - The basic earnings per share for 2021 was ¥0.68, a decline of 20.93% compared to ¥0.86 in 2020[32]. - The cash flow from operating activities for 2021 was ¥35,865,572.18, a significant decrease of 57.24% from ¥83,880,870.29 in 2020[36]. - The company's asset-liability ratio (consolidated) improved to 46.49% in 2021 from 64.17% in 2020[35]. Customer Concentration and Risks - The company’s revenue from the top five customers accounted for 95.65% of total operating income in 2021, indicating a high customer concentration risk[12]. - The company faces risks related to fluctuations in the automotive industry, as its main product, automotive wiring harnesses, is closely tied to the industry's overall development[12]. - The company is exposed to risks from raw material price fluctuations, particularly for copper, oil, and natural rubber, which could adversely affect its performance[12]. - The company is facing risks related to inventory impairment due to potential mismanagement or significant changes in customer demand[14]. Research and Development - Research and development expenses amounted to ¥47,122,443.67, representing 5.93% of total revenue, up from 5.80% in the previous period[68]. - The company has a total of 188 R&D personnel, representing 11.79% of the total workforce, up from 10.69%[102]. - The company completed and is working on 14 R&D projects during the year, with all R&D expenses fully expensed and no capitalized projects[104]. - The company has obtained 37 utility model patents and 5 design patents in 2021, with a total of 10 valid invention patents, 104 utility model patents, and 7 design patents by the end of 2021[57]. - The company is actively developing new products in the electric vehicle sector, including high and low voltage connectors, with successful trials for new components[56]. Inventory and Asset Management - The company achieved a net inventory balance of ¥190,603,019.39 at the end of 2021, accounting for 21.00% of total assets, a decrease of 9.89% compared to the previous year[13]. - The company has implemented a comprehensive inventory check and impairment testing for inventory with indications of impairment[13]. - The company has implemented strict inventory management policies to control risks associated with excess inventory[141]. Funding and Capital Structure - The company issued 20.7 million shares at a price of ¥8.68 per share, raising a total of ¥179,676,000, which improved the debt ratio from 64.17% to 46.49%[14]. - The company successfully issued 20.7 million shares of common stock, raising a net amount of RMB 162.64 million for the construction of automotive connector component production lines and intelligent upgrades of wiring harness production lines[57]. - The company has pledged significant assets for bank loans, including two industrial land parcels totaling 44,128.34 m²[13]. Government Support and Subsidies - The company received government subsidies amounting to ¥11,334,095.14, accounting for 21.52% of the total profit for the period[14]. - The company reported a significant increase in other income, which rose by 261.24% to ¥11,346,954.45, primarily due to government subsidies related to listing[68]. Corporate Governance and Compliance - The company has committed to ensuring that related party transactions are conducted at fair market value as of September 17, 2021[170]. - The company has established rules to regulate related party transactions, ensuring fairness and transparency, with commitments from shareholders to minimize such transactions[172]. - The company has made commitments to maintain its independence and avoid any major legal violations or disputes regarding its equity[177]. Future Plans and Strategic Initiatives - The company plans to start the review process for high-tech enterprise certification in June 2022, which could impact future tax rates[14]. - The company aims to achieve full automation in production processes, responding to market demands for smart and information-driven manufacturing[129]. - The company intends to develop new materials and technologies for high-voltage automotive wiring harnesses, aiming for import substitution[130]. - The company plans to implement a comprehensive HR management platform to unify data standards and improve human resource management across subsidiaries[133].

证券代码：870436 证券简称：大地电气 公告编号：2021-125 南通大地电气股份有限公司 关于接待机构投资者调研情况的公告 | --- | |--------------------------------------------------------------------| | | | 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 | | 记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 | | 担个别及连带法律责任。 | 南通大地电气股份有限公司（以下简称"公司"）于 2021 年 12 月 7 日接 待了 1 家机构的调研，现将主要情况公告如下： 一、 调研情况 调研时间：2021 年 12 月 7 日 调研地点：江苏省南通市崇川区永和路 1166 号 调研形式：现场调研 调研机构：安信证券股份有限公司 上市公司接待人员：董事会秘书兼财务总监陈龙全先生 二、 调研的主要问题及公司回复概要 问题 1：公司产品目前主要聚焦于传统商用车，在新能源汽车高压线束的 布局及进展？ 回答：公司在新能源汽车高压线束产品方面已有布局，于 2018 年底成立 了全资子公司-- ...