江苏澄星磷化工股份有限公司 2018 年半年度报告 公司代码：600078 公司简称：澄星股份 江苏澄星磷化工股份有限公司 2018 年半年度报告 1 / 107 江苏澄星磷化工股份有限公司 2018 年半年度报告 重要提示 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中涉及的未来计划及发展战略等前瞻性陈述因存在不确定性，不构成公司对投资者的 实质承诺，敬请投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 第一节 释义 在本报告书中，除非文义另有所指，下列词语具有如下含义： | 常用词语释义 | | | | --- | --- | --- | | 中国证监会 | 指 | 中国证券监督管理委员会 | | 上交所 | 指 | 上海证券交易所 | | 本公司、公司、澄星股份 | 指 | 江苏澄星磷化工股份有限公司 | | 宣威磷电 | 指 | 云南宣威磷电有限责任公司 | | 弥勒磷电 | 指 | 云南弥勒市磷电化工有限责任公司 | | ...

江苏澄星磷化工股份有限公司 2018 年第一季度报告 公司代码：600078 公司简称：澄星股份 江苏澄星磷化工股份有限公司 2018 年第一季度报告 1 / 18 | 一、重要提示 3 | | --- | | 二、公司基本情况 3 | | 三、重要事项 5 | | 四、附录 8 | 江苏澄星磷化工股份有限公司 2018 年第一季度报告 一、 重要提示 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上 年度末增减(%) | | | --- | --- | --- | --- | --- | | 总资产 | 7,354,993,036.20 | 7,954,118,709.73 | | -7.53 | | 归属于上市公司股东的净资产 | 1,880,370,527.05 | 1,877,326,081.89 | | 0.16 | | | 年初至报告期末 | 上年初至上年报告 | 比上年同期增减 | | | | | 期末 | (%) | | | 经营活动产生的现金流量净额 | 92,164,604.28 | ...

江苏澄星磷化工股份有限公司 2017 年第三季度报告 公司代码：600078 公司简称：澄星股份 江苏澄星磷化工股份有限公司 2017 年第三季度报告 1 / 21 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 5 | | 四、 | 附录 9 | 江苏澄星磷化工股份有限公司 2017 年第三季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 | | | | | | 单位：元 币种：人民币 | | | --- | --- | --- | --- | --- | --- | --- | | | 本报告期末 | | 上年度末 | | 本报告期末比上年 | | | | | | | | 度末增减(%) | | | 总资产 | 6,817,262,655.99 | | | 7,261,013,685.10 | | -6.11 | | 归属于上市公司股东的 | 1,852,608,959.75 | | | 1,836,317,221.76 | | 0.89 | | 净资产 | | | | | | | | | 年初至报告期末 | | 上 ...

Financial Performance - The company's operating revenue for the first half of 2017 was approximately CNY 1.44 billion, a decrease of 2.50% compared to the same period last year[17]. - The net profit attributable to shareholders for the first half of 2017 was approximately CNY 20.17 million, down 22.95% year-on-year[17]. - The net cash flow from operating activities was approximately CNY 209.70 million, a decline of 15.02% compared to the previous year[17]. - The total assets at the end of the reporting period were approximately CNY 6.92 billion, a decrease of 4.69% from the end of the previous year[17]. - The basic earnings per share for the first half of 2017 was CNY 0.030, down 25.00% from CNY 0.040 in the same period last year[18]. - The company achieved operating revenue of CNY 1,439,981,874.07, a decrease of 2.50% compared to the same period last year[30]. - The net profit attributable to shareholders was CNY 2,017,38, a decline of 22.95% year-on-year[30]. - The operating cost decreased by 8.16% to CNY 1,169,916,343.96, indicating improved cost management[32]. - The total revenue for the first half of 2017 was approximately CNY 1.76 billion, representing a year-on-year increase of 25.37%[35]. - The net profit for the first half of 2017 was CNY 29,194,830.15, an increase of 27.7% compared to CNY 22,873,292.42 in the previous year[79]. - The net profit attributable to shareholders of the parent company was CNY 20,173,774.72, down 22.9% from CNY 26,183,269.94 in the same period last year[79]. Cash Flow and Liquidity - The cash flow from operating activities decreased by 15.02% to CNY 209,699,538.86, reflecting challenges in market demand[32]. - The company’s cash flow from operating activities for the first half of 2017 showed a positive trend, indicating improved liquidity[83]. - Total cash inflow from operating activities amounted to CNY 1,666,782,672.13, up 12.3% from CNY 1,483,836,585.29 in the prior period[85]. - Cash outflow from operating activities was CNY 1,457,083,133.27, an increase of 18.0% compared to CNY 1,237,083,153.59 in the previous period[85]. - The net cash flow from investing activities was -CNY 164,364,078.87, showing an improvement from -CNY 208,551,194.75 in the prior period[86]. - Cash inflow from financing activities totaled CNY 3,597,568,309.00, a significant increase of 27.3% from CNY 2,826,000,000.00 in the previous period[86]. - The ending balance of cash and cash equivalents was CNY 991,718,902.34, compared to CNY 322,290,352.83 at the end of the previous period[86]. Assets and Liabilities - Current assets decreased from CNY 3,797,866,579.04 to CNY 3,423,341,250.30, a decline of approximately 9.83%[70]. - Total liabilities decreased from CNY 5,221,152,910.75 to CNY 4,878,446,342.27, a decline of about 6.58%[72]. - Total assets decreased from CNY 7,261,013,685.10 to CNY 6,920,760,337.72, a decline of about 4.68%[72]. - Long-term borrowings amounted to CNY 886.60 million, reflecting a structural adjustment in borrowings[36]. - The company reported a significant increase in financial expenses, which rose to CNY 130,807,516.76 from CNY 67,069,995.95, marking a 94.8% increase[78]. Business Strategy and Operations - The company focuses on the production and sales of fine phosphorus chemical products, including yellow phosphorus and phosphoric acid[22]. - The company emphasizes a business model centered on fine, high-end, and green development, leveraging its integrated industry chain advantages[22]. - The company is committed to increasing technological innovation and developing high value-added products to enhance profitability[23]. - The company is actively optimizing its product structure and adjusting production capacity to respond to market challenges[30]. - The company is focusing on developing high-value-added products and expanding into high-end markets to enhance its growth potential[31]. - The company plans to focus on market expansion and new product development in the upcoming quarters to enhance revenue growth[78]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 54,560[60]. - The largest shareholder, Jiangyin Chengxing Industrial Group Co., Ltd., held 170,826,693 shares, accounting for 25.78% of total shares[62]. - Jiangyin Hanying Investment Co., Ltd. was the second-largest shareholder with 106,107,921 shares, representing 16.01%[62]. - The company reported no changes in total shares and capital structure during the reporting period[58]. Regulatory and Compliance - The company is under pressure from stringent safety and environmental regulations, leading to increased costs in these areas[45]. - The company confirmed that there are no significant factors affecting its ability to continue as a going concern within the next 12 months[112]. - The financial report was approved on August 17, 2017, by the company's board of directors[108]. Subsidiaries and Joint Ventures - The company established a joint venture, Mianyang Chenghong Microelectronics Materials Co., Ltd., with a registered capital of CNY 20 million, holding a 90% stake[40]. - The company has included one new subsidiary in the consolidated financial statements compared to the previous period, with a total of 10 subsidiaries now included[109]. - The company holds an 80% direct and 20% indirect voting rights in Jiangyin Chengxing International Trade Co., Ltd., which is engaged in domestic trade and import-export business[109]. Accounting Policies - The financial statements are prepared based on the assumption of going concern and comply with the relevant accounting standards[114]. - The company recognizes goodwill when the fair value of the assets paid for exceeds the fair value of identifiable net assets acquired in a business combination[121]. - The company categorizes financial assets into four types: financial assets measured at fair value with changes recognized in profit or loss, available-for-sale financial assets, receivables, and held-to-maturity investments[135]. - The company recognizes impairment losses for financial assets when there is objective evidence of impairment, with specific criteria outlined for significant financial assets[141]. - The company conducts impairment tests for fixed assets, construction in progress, and finite-life intangible assets at the balance sheet date to assess recoverability[195].

Financial Performance - Jiangsu Chengxing Phosphate Chemical Co., Ltd. reported a revenue of RMB 3,268,254,347.89 for 2016, representing a year-on-year increase of 36.88%[18]. - The net profit attributable to shareholders reached RMB 60,070,425.04, a significant increase of 235.02% compared to the previous year[18]. - Basic earnings per share rose to RMB 0.091, reflecting a 237.04% increase from RMB 0.027 in 2015[19]. - The total assets of the company at the end of 2016 were RMB 7,261,013,685.10, up 13.70% from the previous year[18]. - The company's net assets attributable to shareholders increased by 2.84% to RMB 1,836,317,221.76[18]. - The weighted average return on equity improved to 3.32%, an increase of 2.31 percentage points from 2015[19]. - The company achieved a sales revenue of 326,825.43 million RMB, representing a year-on-year growth of 36.88%[38]. - Net profit reached 7,148.47 million RMB, an increase of 110.90% year-on-year, with the net profit attributable to the parent company at 6,007.04 million RMB, up 235.02%[38]. Cash Flow and Investments - The net cash flow from operating activities increased by 50.77% to RMB 580,445,996.89, primarily due to higher sales revenue[20]. - The net cash flow from operating activities for 2016 was: Q1: ¥21.45 million, Q2: ¥225.31 million, Q3: ¥57.27 million, Q4: ¥276.42 million, highlighting strong cash generation in Q2 and Q4[21]. - The company's investment activities generated a net cash flow of -411,283,993.69 RMB, showing a 29.03% improvement compared to the previous year[40]. - The company reported a net cash flow from investing activities of CNY -411,283,993.69, an improvement from CNY -579,517,479.58 in the previous year[169]. Revenue Breakdown - The company's main business revenue from phosphoric acid was 1,909,672,895.58 RMB, with a gross margin of 15.13%, reflecting a slight increase in profitability[44]. - The revenue from yellow phosphorus reached approximately CNY 814.35 million, but the gross margin decreased to 8.75%, a reduction of 6.88 percentage points compared to the previous year[71]. - The sales revenue for phosphate salts was approximately CNY 388.16 million, with a gross margin of 14.42%, showing a slight increase of 0.13 percentage points year-on-year[71]. Production and Capacity - The company focuses on producing and selling fine phosphorus chemical products, including yellow phosphorus, phosphoric acid, and phosphates, emphasizing a high-end and green development model[25]. - The domestic yellow phosphorus production capacity is approximately 2 million tons, with an operating rate of less than 50%, indicating a significant industry consolidation and capacity reduction[28]. - The company utilized 82.73% of its yellow phosphorus production capacity, 73.10% for phosphoric acid, and 72.32% for phosphate salts[67]. Market and Strategic Initiatives - The company aims to enhance its core competitiveness by expanding into high-tech and high-value-added industries, leveraging its integrated industry chain advantages[25]. - The global phosphate industry is shifting from bulk products to specialized and high-value products, providing opportunities for companies that can innovate and adapt to market demands[32]. - The company is actively expanding its market presence internationally, establishing strategic partnerships with numerous clients across various regions including the Americas, Europe, and Southeast Asia[34]. - The company plans to achieve total operating revenue of 3.2 billion RMB and total operating costs of 2.7 billion RMB for 2017[87]. Shareholder Returns and Dividends - The company plans to distribute a cash dividend of RMB 0.30 per 10 shares to shareholders, subject to approval at the annual general meeting[3]. - In 2016, the company distributed a total of CNY 60,070,425.04 in cash dividends, representing 33.09% of the net profit attributable to shareholders[92]. - Shareholder returns have been prioritized, with a proposed dividend payout ratio of 40% for the current fiscal year[128]. Research and Development - The total R&D expenditure was CNY 218.39 million, constituting 0.07% of total revenue, with 26 R&D personnel making up 1.21% of the total workforce[51]. - The company is investing in R&D for new technologies, with a budget allocation of 100 million yuan for the development of eco-friendly phosphate products[128]. Governance and Compliance - The company has maintained a good integrity status during the reporting period, with no significant debts or court judgments unmet[101]. - The company received a standard unqualified opinion on its financial statements for the year ended December 31, 2016, from Jiangsu Gongzheng Tianye Accounting Firm[150]. - The company is under investigation by the China Securities Regulatory Commission for alleged non-disclosure of information, which is ongoing as of the audit report date[150]. Workforce and Management - The company employed a total of 2,142 staff, with 567 in the parent company and 1,575 in major subsidiaries[135]. - The governance structure of the company has been improved to ensure clear responsibilities and effective decision-making[140]. - The total pre-tax remuneration for the board members and senior management during the reporting period amounted to 2.334 million yuan[126].

Financial Performance - Operating revenue increased by 20.23% to CNY 732,715,947.78 year-on-year[7] - Net profit attributable to shareholders rose by 3.93% to CNY 11,607,590.84 compared to the same period last year[7] - Operating profit grew by 49.34% to CNY 21,325,681.47 year-on-year[11] - Net profit for Q1 2017 reached CNY 16,786,010.95, representing a 50.5% increase from CNY 11,129,802.60 in Q1 2016[29] - The company reported a total comprehensive income attributable to the parent company of CNY 11,607,590.84, slightly up from CNY 11,168,202.19 in the previous year[34] Cash Flow - Net cash flow from operating activities surged by 679.98% to CNY 167,269,313.97[7] - Cash received from sales and services increased by 37.94% year-on-year to CNY 804,222,370.94[14] - Cash flow from operating activities for Q1 2017 was CNY 167,269,313.97, significantly up from CNY 21,445,436.54 in the same period last year[37] - The net cash flow from financing activities for Q1 2017 was CNY 117,972,124.57, compared to a net outflow of CNY 81,761,712.90 in Q1 2016[38] - The company recorded a significant increase in cash inflow from sales, totaling CNY 804,222,370.94, compared to CNY 583,024,453.57 in the same period last year[36] Assets and Liabilities - Total assets decreased by 1.30% to CNY 7,166,459,115.22 compared to the end of the previous year[7] - Total liabilities decreased to CNY 3,301,791,050.75 from CNY 3,704,377,234.71 at the start of the year, reflecting a reduction of 10.9%[26] - Cash and cash equivalents at the end of the period rose by 127.41% year-on-year to CNY 1,254,613,102.22[14] - Inventory increased from CNY 971,195,109.50 at the beginning of the year to CNY 1,049,299,995.43 at the end of the period[20] - The total assets as of March 31, 2017, amounted to CNY 4,809,249,660.48, down from CNY 5,209,599,811.80 at the beginning of the year[26] Borrowings - Long-term borrowings increased by 172.26% to CNY 211,000,000.00 compared to the end of the previous year[10] - Cash received from borrowings increased by 150.35% year-on-year to CNY 2,687,500,000.00[14] - Short-term borrowings rose to CNY 3,739,500,000.00 from CNY 3,680,000,000.00 at the beginning of the year[21] - The company received $2,617,500,000.00 in borrowings, up from $1,619,000,000.00, representing a 61.7% increase in cash inflow from financing activities[41] Shareholder Information - The number of shareholders reached 54,742 at the end of the reporting period[9] - The company reported a basic earnings per share of CNY 0.0175, up 3.55% from the previous year[7] - Basic and diluted earnings per share for Q1 2017 were both CNY 0.0175, an increase from CNY 0.0169 in Q1 2016[34] Regulatory and Compliance Issues - The company has not yet received compensation for the relocation as per the agreement signed in 2015[16] - The company is under investigation by the China Securities Regulatory Commission for alleged information disclosure violations[17] Operating Costs - Total operating costs for Q1 2017 were CNY 711,390,266.31, up 19.5% from CNY 595,137,341.17 in Q1 2016[28] - Total operating costs for Q1 2017 were CNY 311,409,220.90, down 6.1% from CNY 331,865,469.16 in Q1 2016[32] - Financial expenses for Q1 2017 increased to CNY 18,856,707.33 from CNY 17,895,111.42 in Q1 2016[32]

江苏澄星磷化工股份有限公司 2016 年第三季度报告 公司代码：600078 公司简称：澄星股份 江苏澄星磷化工股份有限公司 2016 年第三季度报告 1 / 21 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司主要财务数据和股东变化 3 | | 三、 | 重要事项 5 | | 四、 | 附录 9 | 江苏澄星磷化工股份有限公司 2016 年第三季度报告 一、 重要提示 1.4 本公司第三季度报告未经审计。 二、 公司主要财务数据和股东变化 | 所得税影响额 | 7,709.82 | -113,242.27 | | --- | --- | --- | | 少数股东权益影响额（税后） | 55,664.88 | -65,680.96 | | 合计 | 712,137.91 | 2,544,062.65 | 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | | 上年度末 | | 本报告期末比上年 度末增减(%) | | | --- | --- | --- | --- | --- | --- | --- | | 总资产 | 6,435,942,741.62 | | ...

江苏澄星磷化工股份有限公司 2016 年半年度报告 公司代码：600078 公司简称：澄星股份 江苏澄星磷化工股份有限公司 2016 年半年度报告 重要提示 无 六、 前瞻性陈述的风险声明 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 1 / 95 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人李兴、主管会计工作负责人周忠明 及会计机构负责人（会计主管人员）周忠明 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 | 第一节 | 释义 3 | | --- | --- | | 第二节 | 公司简介 3 | | 第三节 | 会计数据和财务指标摘要 4 | | 第四节 | 董事会报告 5 | ...

江苏澄星磷化工股份有限公司 2016 年第一季度报告 公司代码：600078 公司简称：澄星股份 江苏澄星磷化工股份有限公司 2016 年第一季度报告 1 / 18 | 一、重要提示 3 | | --- | | 二、公司主要财务数据和股东变化 3 | | 三、重要事项 5 | | 四、附录 7 | 江苏澄星磷化工股份有限公司 2016 年第一季度报告 一、 重要提示 二、 公司主要财务数据和股东变化 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年 | | | --- | --- | --- | --- | --- | | | | | 度末增减(%) | | | 总资产 | 6,441,980,205.40 | 6,386,396,345.81 | | 0.87 | | 归属于上市公司股东的净资产 | 1,796,691,070.27 | 1,785,522,868.08 | | 0.63 | | | 年初至报告期末 | 上年初至上年报告 | 比上年同期增减 | | | | | 期末 | (%) | | | 经营活动产生的现金流量净额 | 21,445,43 ...

Financial Performance - The company's operating revenue for 2015 was approximately RMB 2.39 billion, a decrease of 8.01% compared to RMB 2.60 billion in 2014[18]. - The net profit attributable to shareholders was RMB 17.93 million, down 19.41% from RMB 22.25 million in the previous year[18]. - The operating profit for 2015 was 30.12 million yuan, down 15.19% compared to the previous year[32]. - The company reported non-recurring gains and losses totaling 79.16 million yuan in 2015, compared to 134.12 million yuan in 2014[24]. - The company achieved a sales revenue of CNY 238,772.65 million, a year-on-year decrease of 8.01%[34]. - Net profit for the period was CNY 3,389.48 million, down 16.09% year-on-year, with attributable net profit to the parent company at CNY 1,793.06 million, a decrease of 19.41%[34]. - The company faced a net loss of CNY 2,134.10 million for the year ended December 31, 2015[53]. - The company reported a total revenue of 1.5 billion RMB for the fiscal year, representing a year-over-year increase of 10%[101]. - The net profit for the year was 300 million RMB, which is a 15% increase compared to the previous year[101]. Cash Flow and Investments - The net cash flow from operating activities increased by 46.54% to RMB 384.99 million, primarily due to a significant decrease in cash paid for purchasing goods[18]. - The company reported a net cash flow from operating activities of CNY 384,996,190.80, an increase of 46.54% year-on-year[38]. - The company’s cash flow from financing activities was CNY 703,406,851.24, a significant increase of 985.51% compared to the previous year[45]. - The company’s investment in fixed assets amounted to CNY 629,202,949.67, significantly higher than CNY 256,357,438.27 in the previous year[140]. - The company plans to raise funds through a private placement to invest in various projects, including a comprehensive utilization project for low-grade phosphate rock[33]. Assets and Liabilities - The total assets at the end of 2015 reached RMB 6.39 billion, representing a 24.70% increase from RMB 5.12 billion in 2014[18]. - The company's total current liabilities increased to ¥4,057,245,414.28 from ¥2,800,382,653.85, reflecting a growth of approximately 44.9%[128]. - Total liabilities increased to ¥4,388,044,170.69 from ¥3,175,395,213.85, representing a growth of about 38.1%[128]. - The company's equity attributable to shareholders rose to ¥1,785,522,868.08 from ¥1,775,106,233.10, a slight increase of about 0.6%[129]. Shareholder Information and Dividends - The company plans to distribute a cash dividend of RMB 0.15 per 10 shares, subject to approval at the annual general meeting[2]. - In 2015, the total cash dividends distributed amounted to RMB 17,930,566.11, representing 55.43% of the net profit attributable to shareholders[61]. - The company has maintained a consistent cash dividend of RMB 0.15 per 10 shares over the past three years[61]. - The company approved a cash dividend of RMB 0.15 per 10 shares for the fiscal year 2014, which was implemented on June 10, 2015[59]. Business Operations and Strategy - The company focuses on the production and sales of fine phosphorus chemical products, including yellow phosphorus, phosphoric acid, and phosphates[26]. - The company emphasizes technological innovation and the development of high value-added products to improve profitability[26]. - The company is positioned as a leading enterprise in the fine phosphorus chemical industry in China, benefiting from cost advantages and market share[27]. - The company aims to enhance its self-sufficiency in raw materials and energy to mitigate cost fluctuations[57]. - The company’s development strategy focuses on phosphorus as the core, with plans for vertical and horizontal expansion in the industry[55]. Governance and Compliance - The company is actively cooperating with the China Securities Regulatory Commission regarding an ongoing investigation, which reflects its commitment to transparency[63]. - The company has adhered to regulatory requirements regarding related party transactions, ensuring compliance and transparency in its operations[69]. - The governance structure of the company has been improved to ensure effective decision-making and compliance with relevant laws and regulations[111]. - The independent directors did not raise any objections to the board's proposals during the reporting period[116]. Human Resources and Training - The total number of employees in the parent company and major subsidiaries is 2,198, with 564 in the parent company and 1,634 in subsidiaries[105]. - The company has established a training system covering all employees, focusing on enhancing job skills and professional capabilities[107]. - The company has implemented a performance-based salary system to attract and retain talent, ensuring alignment with company performance[106]. Financial Reporting and Accounting - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that the financial statements accurately reflect its financial position as of December 31, 2015[176]. - The financial statements fairly reflect the company's financial position and operating results for the year ended December 31, 2015[124]. - The company confirms that its financial statements are prepared in accordance with the relevant accounting standards, reflecting a true and complete view of its financial results and cash flows[176].