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长安仁恒(08139) - 2022 Q1 - 季度财报
2022-05-13 12:02
Financial Performance - Revenue increased by 7.4% to approximately RMB 28,793,000 compared to RMB 26,798,000 in the same period last year[6] - Gross profit decreased by 14.1% to approximately RMB 9,653,000, with a gross margin of 33.5% compared to 41.9% last year[6] - The company reported a loss attributable to equity holders of approximately RMB 1,730,000, compared to a profit of approximately RMB 1,071,000 in the previous year[6] - Basic loss per share was approximately RMB 0.05, compared to earnings of approximately RMB 0.03 per share in the previous year[6] - No dividend was declared for the three months ended March 31, 2022, consistent with the previous year[6] - Operating loss for the period was RMB 964,401, compared to an operating profit of RMB 2,353,460 in the same period last year[7] - The company experienced a net loss before tax of RMB 2,354,444, compared to a profit before tax of RMB 1,123,600 in the previous year[7] - Total comprehensive loss attributable to equity holders was RMB 1,730,073 for the period[7] - The company’s total equity attributable to equity holders decreased to RMB 111,976,731 as of March 31, 2022, from RMB 113,706,804 at the beginning of the year[8] Revenue and Sales - For the three months ended March 31, 2022, the company's revenue was approximately RMB 28,793,480, an increase of about RMB 1,995,765 or 7.4% compared to RMB 26,797,715 for the same period in 2021[28] - The sales of organic bentonite increased significantly, contributing to the revenue growth, while sales of metallurgical pellet bentonite decreased[28] Expenses - Research and development expenses increased to RMB 1,976,500 from RMB 1,239,454 in the previous year[7] - Distribution costs for the same period were approximately RMB 3,827,000, an increase of about RMB 210,000 or 5.8% compared to RMB 3,617,000 in 2021[30] - Administrative expenses rose to approximately RMB 4,883,000, an increase of about RMB 112,000 or 2.3% from RMB 4,771,000 in the previous year[30] - Research and development expenses increased by 59.6% to approximately RMB 1,977,000 from RMB 1,239,000 in the same period last year, primarily due to increased projects in the environmental protection sector[30] Corporate Governance and Shareholding - As of March 31, 2022, Mr. Zhang Youlian holds 19,220,600 shares, representing approximately 50.05% of the issued share capital[35] - Ms. Yu Hua owns 3,576,000 shares, accounting for approximately 9.31% of the issued share capital[39] - The company maintains at least 25% of its issued share capital held by public shareholders[43] - The company has adhered to all applicable provisions of the corporate governance code during the reporting period[47] - The audit committee was established on March 26, 2014, and consists of three independent non-executive directors[50] - The audit committee's main responsibilities include reviewing financial reports and ensuring the effectiveness of internal controls[50] Future Developments and Initiatives - The company continues to focus on promoting organic bentonite for paint and coatings, with significant market recognition and growth in sales and profits[27] - The proposed "high-suspension nano inorganic gel" product has been included in the Ministry of Industry and Information Technology's key new materials application demonstration catalog[27] - The company is focusing on the development of high-end water-based bentonite, responding to the increasing demand for environmentally friendly coatings[32] - The company aims to improve paper quality by enhancing ash content and reducing fiber raw material usage through the development of ash-promoting agents[32] - The company plans to collaborate with Jiangnan University to develop high-performance flame-retardant composite materials based on non-metallic minerals[34] - The company is committed to green mining construction in line with national sustainable development requirements[34] - The company is developing inorganic modified bentonite products to meet the stability performance requirements of various water-based coatings[32] Reporting and Compliance - The effective tax rate for the company is 15% due to the high-tech enterprise certification, which provides tax incentives for three years[20] - The company has not engaged in any related party transactions during the reporting period[41] - As of March 31, 2022, there were no significant post-reporting period events[52] - The company will send the quarterly report for the three months ending March 31, 2022, to shareholders and publish it on its website[53]
长安仁恒(08139) - 2021 - 年度财报
2022-03-31 09:00
Financial Performance - The company recorded revenue of RMB 144,398,000 for the year ended December 31, 2021, an increase of 28.1% compared to RMB 112,718,000 in 2020[11] - Profit attributable to equity holders of the company was RMB 7,435,000, representing a significant increase of 531.7% from RMB 1,177,000 in the previous year[11] - Basic earnings per share rose to RMB 0.19, up 533.3% from RMB 0.03 in 2020[11] - The company's revenue for the year ended December 31, 2021, was approximately RMB 144,398,000, an increase of about 28.2% from RMB 112,718,000 in 2020[28] - Organic bentonite revenue increased by approximately RMB 48,730,000 or 106.1% to RMB 94,664,000 in 2021, driven by both sales volume and price increases[29] - Inorganic gel revenue rose by approximately RMB 14,227,000 or 157.6% to RMB 23,255,000 in 2021, also due to increases in sales volume and price[29] - Gross profit increased from approximately RMB 46,844,000 in 2020 to approximately RMB 60,042,000 in 2021, a rise of about RMB 13,198,000 or 28.2%[34] - The company reported a net profit margin of 12% for 2021, an increase from 10% in 2020[89] Cost and Expenses - The sales cost increased by approximately RMB 18,482,000 or 28.1% from RMB 65,874,000 in 2020 to RMB 84,356,000 in 2021[31] - Raw materials and consumables cost increased from approximately RMB 45,539,000 in 2020 to approximately RMB 60,063,000 in 2021, representing a growth of about RMB 14,524,000 or 31.9%[32] - Direct labor costs rose from approximately RMB 7,245,000 in 2020 to approximately RMB 9,566,000 in 2021, an increase of about RMB 2,321,000 or 32.0%[32] - Distribution costs increased by approximately RMB 770,000 or 4.8%, from RMB 15,952,000 in 2020 to RMB 16,722,000 in 2021[37] - Administrative expenses rose from approximately RMB 15,893,000 in 2020 to approximately RMB 21,280,000 in 2021, an increase of about RMB 5,387,000 or 33.9%[38] - R&D expenses increased from approximately RMB 7,368,000 in 2020 to approximately RMB 10,698,000 in 2021, a growth of about RMB 3,330,000 or 45.2%[40] Research and Development - The company invested approximately RMB 10,698,000 in research and development in 2021, focusing on new product development[24] - The company plans to promote high-end water-based bentonite applications, aligning with the government's goal to reduce solvent-based paint usage by 20% by 2025[23] - The company aims to develop and promote paper additives that align with the green low-carbon circular development strategy proposed by the China Paper Association[77] - The company will continue to develop new products in collaboration with Jiangnan University, focusing on high-performance flame-retardant composite materials based on non-metallic minerals[80] Market and Product Development - The company focused on developing high-end water-based bentonite applications, particularly in environmentally friendly coatings[18] - Two provincial-level new product development projects were undertaken, including a microbial fermentation culture promoter and a flame retardant bentonite[19] - The company has confirmed a preliminary business agreement with APP Group, one of the largest paper groups in Southeast Asia, to expand its overseas market[24] - New product launches included a line of eco-friendly coatings, which are expected to contribute an additional 200 million in revenue in 2022[89] Financial Ratios and Debt - The current ratio decreased by 7.7% to 1.08, while the quick ratio fell by 18.2% to 0.63[11] - The capital debt ratio increased to 75.0%, up from 73.3% in the previous year, indicating a slight rise in financial leverage[14] - Total borrowings increased to approximately RMB 93,561,000 in 2021 from RMB 87,700,000 in 2020, indicating a rise in debt levels[63] - The capital debt ratio rose to 75.0% in 2021 from 73.3% in 2020, attributed to increased bank borrowings[64] Employee and Compensation - The company reported a total employee cost of RMB 20,850,000 for the year ended December 31, 2021, compared to RMB 14,567,000 in 2020, reflecting an increase of approximately 43.5%[77] - The total number of employees as of December 31, 2021, was 152, with 53 at the headquarters and 99 in various operational roles[77] - The highest-paid five individuals in the company included two directors, with details provided in the financial statements[191] Corporate Governance - The board consists of seven members, including three executive directors, one non-executive director, and three independent non-executive directors[106] - The board believes that having the same person serve as both chairman and CEO provides strong and effective leadership for the group[103] - Independent non-executive directors have confirmed their independence annually, and the company considers them independent according to the relevant regulations[112] - The board has adopted a diversity policy to ensure a balance of skills, experience, and perspectives among its members[117] - The company has complied with all applicable provisions of the corporate governance code during the review period, except for specific deviations noted[103] Risk Management - The risk management framework includes identifying significant risks, assessing their impact, and implementing necessary measures[139] - The audit committee reported that the risk management and internal control systems are appropriate and effective[140] - The company has taken measures to enhance confidentiality regarding insider information and compliance with regulations[141] Sustainability and Environmental Practices - The company emphasizes environmental sustainability and promotes green practices in its daily operations[166] - The management emphasized a focus on sustainability, aiming to reduce carbon emissions by 25% by 2025[89] - The company is committed to building green mines in compliance with national sustainable green development requirements[80] Future Outlook - The company provided guidance for 2022, projecting a revenue growth of 10% to 1.32 billion[89] - Market expansion plans include entering two new international markets by the end of 2022, aiming for a 15% market share in those regions[89] - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 100 million allocated for potential mergers and acquisitions[89] Shareholder Communication - The company ensures effective communication between shareholders and the board through annual general meetings[146] - The company maintains effective communication with investors to enhance transparency and understanding of its business and development[154]
长安仁恒(08139) - 2021 Q3 - 季度财报
2021-11-12 13:18
浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 2021 第三季度業績報告 * 僅供識別 * For identification purpose only (A joint stock limited company incorporated in the People's Republic of China with limited liability) Stock Code: 8139 浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 2021 THIRD QUARTERLY REPORT 浙江長安仁恒科技股份有限公司 香港聯合交易所有限公司(「聯交所」)GEM之特色 股份代號:8139 (於中華人民共和國註冊成立之股份有限公司) • 收入增加32.5%至約人民幣110,428,000元(二零二零年:約人民幣83,354,000 元)。 • 毛利增加37.2%至約人民幣47,612,000元(二零二零年:約人民幣34,698,000 元)。 • 毛 ...
长安仁恒(08139) - 2021 - 中期财报
2021-08-13 13:16
浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 股份代號:8139 (於中華人民共和國註冊成立之股份有限公司) 2021 中期報 告 * 僅供識別 * For identification purpose only (A joint stock limited company incorporated in the People's Republic of China with limited liability) Stock Code: 8139 浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 2021 INTERIM REPORT 香港聯合交易所有限公司(「聯交所」)GEM之特色 GEM的定位,乃為中小型公司提供一個上市的市場,此等公司相比起其他在聯交所上市 的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風險,並應經 過審慎周詳的考慮後方作出投資決定。 由於GEM上市的公司一般為中小型公司,在GEM買賣的證券可能會較於聯交所主板買 ...
长安仁恒(08139) - 2021 Q1 - 季度财报
2021-05-14 13:03
Stock Code: 8139 浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 股份代號:8139 (於中華人民共和國註冊成立之股份有限公司) 2021 第一季度業績報告 * 僅供識別 * For identification purpose only (A joint stock limited company incorporated in the People's Republic of China with limited liability) 2021 FIRST QUARTERLY REPORT 浙江長安仁恒科技股份有限公司 香港聯合交易所有限公司(「聯交所」)GEM之特色 GEM的定位,乃為中小型公司提供一個上市的市場,此等公司相比起其他在聯交所上市 的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風險,並應經 過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中 ...
长安仁恒(08139) - 2020 - 年度财报
2021-03-31 12:02
浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 股份代號:8139 (於中華人民共和國註冊成立之股份有限公司) 2020 年 報 * 僅供識別 * For identification purpose only (A joint stock limited company incorporated in the People's Republic of China with limited liability) Stock Code: 8139 浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 2020 ANNUAL REPORT Zhejiang Chang'an Re nheng Technology Co., Ltd. 浙江長安仁恒科技股份有限公司 Annual Report 2020 年報 浙江長安仁恒科技股份有限公司 香港聯合交易所有限公司(「聯交所」)GEM之特色 GEM的定位,乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供 ...
长安仁恒(08139) - 2020 Q3 - 季度财报
2020-11-13 13:15
(A joint stock limited company incorporated in the People's Republic of China with limited liability) Stock Code: 8139 浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 2020 Third Quarterly Report 浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 股份代號:8139 (於中華人民共和國註冊成立之股份有限公司) 2020 第三季度業績報告 * 僅供識別 * For identification purpose only 浙江長安仁恒科技股份有限公司 香港聯合交易所有限公司(「聯交所」)GEM之特色 GEM的定位,乃為中小型公司提供一個上市的市場,此等公司相比起其他在聯交所上市 的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風險,並應經 過審慎周詳的考慮後方作出投資決定。 由於GEM上市的公司一般為 ...
长安仁恒(08139) - 2020 - 中期财报
2020-08-14 13:00
浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 股份代號:8139 (於中華人民共和國註冊成立之股份有限公司) 2020 中期報告 * 僅供識別 (A joint stock limited company incorporated in the People's Republic of China with limited liability) Stock Code: 8139 浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 2020 Interim Report * For identification purpose only 浙江長安仁恒科技股份有限公司 香港聯合交易所有限公司(「聯交所」)GEM之特色 GEM的定位,乃為中小型公司提供一個上市的市場,此等公司相比起其他在聯交所上市 的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風險,並應經 過審慎周詳的考慮後方作出投資決定。 由於GEM上市的公司一般為中小型公司,在GEM買賣 ...
长安仁恒(08139) - 2020 Q1 - 季度财报
2020-05-15 12:01
* 僅供識別 (A joint stock limited company incorporated in the People's Republic of China with limited liability) Stock Code: 8139 浙江長安仁恒科技股份有限公司 浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 股份代號:8139 (於中華人民共和國註冊成立之股份有限公司) 2020 第一季度業績報告 Zhejiang Chang'an Renheng Technology Co., Ltd. * 2020 First Quarterly Report * For identification purpose only 浙江長安仁恒科技股份有限公司 香港聯合交易所有限公司(「聯交所」)GEM之特色 GEM的定位,乃為中小型公司提供一個上市的市場,此等公司相比起其他在聯交所上市 的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在風險,並應經 過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中 ...
长安仁恒(08139) - 2019 - 年度财报
2020-05-12 12:00
浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 股份代號:8139 (於中華人民共和國註冊成立之股份有限公司) 2019 年報 * For identification purpose only * 僅供識別 (A joint stock limited company incorporated in the People's Republic of China with limited liability) Stock Code: 8139 浙江長安仁恒科技股份有限公司 Zhejiang Chang'an Renheng Technology Co., Ltd. * 2019 Annual Report Zhejiang Chang'an Re nheng Technology Co., Ltd. 浙江長安仁恒科技股份有限公司 Annual Report 2019 年報 浙江長安仁恒科技股份有限公司 香港聯合交易所有限公司(「聯交所」)GEM之特色 GEM的定位,乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公司提供一 ...