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林海股份(600099) - 2015 Q3 - 季度财报
2015-10-26 16:00
Financial Performance - Net profit attributable to shareholders increased by 5.60% to CNY 2,380,151.94 for the period from January to September[6] - Operating revenue rose by 2.45% to CNY 260,225,504.92 for the same period[6] - The basic earnings per share increased by 5.82% to CNY 0.011[6] - Operating profit for the period was CNY 1,270,956.99, representing an increase of 30.8% from CNY 972,018.97 in the same quarter last year[24] - Net profit attributable to the parent company was CNY 927,794.84, up 24.7% from CNY 744,307.98 in Q3 2014[24] - The total profit for the first nine months was ¥47,603.94, down from ¥430,307.98 in the previous year, reflecting a decrease of approximately 88%[27] Assets and Liabilities - Total assets increased by 7.00% to CNY 601,937,005.73 compared to the end of the previous year[6] - Total assets as of September 30, 2015, amounted to CNY 553,993,226.50, an increase from CNY 532,787,808.97 at the beginning of the year[21] - Current assets totaled CNY 381,102,609.67, up from CNY 366,917,617.50 at the start of the year, indicating a growth of 3.2%[21] - Total liabilities increased to CNY 86,314,651.48 from CNY 65,222,293.20, reflecting a rise of 32.3%[21] - Accounts receivable increased by 55.68% to CNY 115,265,836.04 due to changes in payment terms[11] - Construction in progress surged by 288.03% to CNY 16,613,113.51, indicating increased project activity[11] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -31,767,517.37, worsening from CNY -24,944,964.25 in the previous year[6] - Total cash received from operating activities decreased by 56.57% to ¥466,497.68 compared to ¥1,074,173.74 in the same period last year[12] - Cash and cash equivalents decreased to CNY 163,654,597.90 from CNY 193,512,649.19, a decline of 15.4%[21] - Operating cash flow for the period from January to September was -28,647,975.61 RMB, compared to -14,178,450.39 RMB in the same period last year, indicating a decline of approximately 102.5%[34] - Cash inflow from sales of goods and services was 100,855,479.82 RMB, significantly lower than 163,182,169.27 RMB in the previous year, a decline of approximately 38.2%[34] Expenses - Employee compensation payable increased by 330.26% to ¥1,341,866.93 from ¥311,871.96 in the previous year[12] - Tax payable increased by 722.57% to ¥2,136,743.23 from ¥259,763.56 year-on-year[12] - Operating tax and additional fees decreased by 58.26% to ¥963,792.94 from ¥2,309,217.29 due to changes in consumption tax policies[12] - Financial expenses increased by 36.39% to -¥5,679,779.09 from -¥4,164,239.85, attributed to increased interest income[12] - Sales expenses for the third quarter decreased to ¥770,164.01 from ¥1,561,901.36 in the same period last year, a reduction of approximately 50.7%[27] - Management expenses increased to ¥7,730,610.76 from ¥6,176,936.67, representing an increase of about 25.2% year-on-year[27] Other Key Points - The company did not distribute dividends or profits during the reporting period, resulting in a 100% decrease in cash paid for dividends and interest[12] - Non-recurring gains and losses amounted to CNY 32,167.50 for the period from January to September[7] - The company is actively progressing with a major asset restructuring, having signed a framework agreement with the transaction party[13] - The company has not reported any new product developments or market expansions during this period[27] - There were no significant mergers or acquisitions reported in the current financial period[27]
林海股份(600099) - 2015 Q2 - 季度财报
2015-08-28 16:00
Financial Performance - The company achieved operating revenue of CNY 173.49 million, an increase of 4.23% compared to the same period last year[15]. - Net profit attributable to shareholders was CNY 1.45 million, a decrease of 3.79% year-on-year[15]. - The basic earnings per share were CNY 0.0066, down 4.35% from the same period last year[16]. - The company reported a total profit of ¥1,817,017.76 for the current period, which is a key indicator of its financial performance[197]. - The current period's income tax expense was ¥364,660.66, compared to ¥442,483.92 in the previous period, showing a decrease of approximately 17.6%[197]. Revenue Breakdown - The main business income from motorcycles and special vehicles was CNY 129.46 million, with a gross margin of 9.82%[19]. - The main business income from power and garden machinery was CNY 35.81 million, with a gross margin of 27.05%[19]. - The company's revenue from the locomotive manufacturing industry reached ¥129,464,781.97, with a gross margin of 9.82%, an increase of 1.28 percentage points compared to the previous year[27]. - Revenue from the power machinery industry was ¥35,805,899.62, with a gross margin of 27.05%, an increase of 1.99 percentage points compared to the previous year[27]. - International market revenue was ¥81,513,556.65, reflecting a year-on-year increase of 4.95%[28]. - Domestic market revenue was ¥83,757,124.94, reflecting a year-on-year increase of 1.33%[28]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY -27.41 million, compared to CNY -21.74 million in the previous year[15]. - The cash inflow from sales of goods and services was CNY 100,199,196.79, a decrease of 22.3% compared to CNY 128,925,301.52 in the previous period[68]. - The total cash outflow from operating activities was CNY 127,994,353.16, down from CNY 151,301,804.65 in the previous period[68]. - The cash and cash equivalents at the end of the period were CNY 173,323,804.40, a decrease from CNY 206,489,958.69 in the previous period[69]. - The net cash flow from operating activities for the first half of the year was CNY -25,939,100.89, worsening from CNY -15,238,627.37 in the previous period[72]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 588.14 million, an increase of 4.54% from the end of the previous year[15]. - Total liabilities as of June 30, 2015, were RMB 117,045,054.71, compared to RMB 92,935,674.99 at the beginning of the period, marking an increase of approximately 26.0%[59]. - The company's equity attributable to shareholders was RMB 471,099,156.82, slightly up from RMB 469,646,799.72, indicating a marginal increase of about 0.3%[59]. - The total accounts payable at the end of the period is CNY 95,622,619.62, up from CNY 81,586,619.14 at the beginning of the period, indicating an increase of approximately 17%[175]. - The total prepayments at the end of the period amount to CNY 7,341,614.23, compared to CNY 5,471,688.02 at the beginning of the period, reflecting a growth of about 34%[176]. Investments and Capital Structure - The company has not made any new external investments during the reporting period[30]. - The company has maintained a consistent capital stock of 219,120,000.00 RMB throughout the reporting period[76]. - The total capital reserve at the end of the period is CNY 199,407,643.80, unchanged from the previous period[183]. - The total unappropriated profit at the end of the period is CNY 27,590,804.0, down from CNY 35,792,733.50 in the previous period[185]. - The company has not reported any new capital contributions or significant changes in shareholder equity during this period[75]. Operational Efficiency and Cost Management - The company has implemented strict internal assessments to improve production efficiency and reduce costs through various strategies[25]. - The company reported a bad debt loss of ¥1,408,534.96, which is a significant increase from ¥675,912.70 in the previous period, indicating a rise of approximately 108.5%[190]. - Management expenses increased to ¥19,598,491.88 from ¥16,926,769.34, marking a rise of about 15.8%[189]. - Sales expenses totaled ¥3,498,203.46, up from ¥2,317,754.63 in the previous period, reflecting a significant increase of approximately 50.9%[188]. Corporate Governance and Compliance - The company has maintained its commitment to corporate governance and compliance with relevant laws and regulations[46]. - The financial statements are prepared based on the going concern principle, with no significant risks affecting the company's ability to continue operations in the next 12 months[83]. - The company adheres to the enterprise accounting standards, ensuring that the financial statements reflect a true and complete picture of its financial status[85]. Inventory and Receivables - The total inventory at the end of the period amounted to CNY 67,085,769.32, an increase from CNY 60,591,047.55 at the beginning of the period, reflecting a growth of approximately 10.3%[162]. - The total accounts receivable at the end of the period amounted to CNY 62,025,585.03, with a bad debt provision of CNY 3,989,466.15, resulting in a provision ratio of 6.43%[148]. - The company has recognized a bad debt provision of CNY 1,363,161.16 during the current period[150]. - The top five accounts receivable by amount accounted for 59.03% of the total accounts receivable, totaling CNY 68,675,531.19[151]. Future Outlook and Strategy - The company plans to enhance its market expansion efforts and invest in new product development to drive future growth[67]. - The company is actively pursuing a major asset restructuring, with a framework agreement signed and ongoing negotiations with potential transaction parties[24]. - The company did not report any new strategies or significant market expansions during the conference call[163].
林海股份(600099) - 2015 Q1 - 季度财报
2015-04-24 16:00
Financial Performance - Operating revenue rose by 11.57% to CNY 83,213,795.62 year-on-year[7] - Net profit attributable to shareholders increased by 14.20% to CNY 565,888.19[7] - The company experienced a 46.87% increase in operating profit, attributed to higher sales from new products[11] - Total operating revenue for Q1 2015 was ¥83,213,795.62, an increase of 11.9% compared to ¥74,583,662.76 in the same period last year[20] - Net profit for Q1 2015 reached ¥565,888.19, representing a 14.1% increase from ¥495,527.27 in the previous year[21] - Operating profit for Q1 2015 was ¥972,087.98, an increase of 46.9% from ¥661,890.56 in the previous year[20] - Earnings per share for Q1 2015 were ¥0.003, compared to ¥0.002 in the same quarter last year, marking a 50% increase[21] Assets and Liabilities - Total assets increased by 2.65% to CNY 577,492,734.55 compared to the end of the previous year[7] - The company’s total liabilities increased to CNY 107,280,046.64 from CNY 92,935,674.99, representing a growth of 15.4%[15] - The total liabilities as of the end of Q1 2015 amounted to ¥73,841,147.61, up from ¥65,222,293.20, indicating a year-over-year increase of 13.5%[18] - The total equity for the company was ¥467,585,770.47, slightly up from ¥467,565,515.77, showing a marginal increase[18] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -19,930,046.68, worsening from CNY -8,619,069.76 in the previous year[7] - Cash flow from operating activities decreased significantly, leading to a net cash decrease of CNY 21,458,160.53 compared to a decrease of CNY 9,571,825.50 in the previous year, indicating a decline in operational efficiency[12] - Cash inflow from sales of goods and services decreased to ¥48,322,805.53 from ¥63,171,444.26, a decline of approximately 23.5%[26] - Net cash flow from operating activities was negative at -¥19,930,046.68, worsening from -¥8,619,069.76 in the previous period[26] - The net increase in cash and cash equivalents was -¥21,458,160.53, worsening from -¥9,571,825.50 in the prior period[27] - The ending balance of cash and cash equivalents decreased to ¥180,842,569.20 from ¥219,988,004.25, a drop of approximately 17.8%[27] Shareholder Information - The total number of shareholders reached 16,810 at the end of the reporting period[9] - The first major shareholder, China Fuma Machinery Group Co., Ltd., holds 42.10% of the shares[9] Investment and Expenditures - The company invested CNY 1,528,113.85 in fixed assets, an increase of 60.39% compared to CNY 952,755.74 in the previous year, indicating a focus on capital expenditure[12] - Cash flow from investment activities was negative at -¥1,528,113.85, compared to -¥952,755.74 previously, reflecting increased investment expenditures[27] Operational Efficiency - The weighted average return on equity improved by 0.016 percentage points to 12.0%[7] - The company is focusing on enhancing operational efficiency and exploring new market opportunities as part of its strategic initiatives[25]
林海股份(600099) - 2014 Q4 - 年度财报
2015-03-25 16:00
Financial Performance - The company achieved a net profit of CNY 2.93 million in 2014, a significant increase of 628.83% compared to CNY 0.40 million in 2013[4]. - Operating revenue for 2014 was CNY 357.83 million, representing a year-on-year growth of 27.63% from CNY 280.37 million in 2013[25]. - The basic earnings per share increased to CNY 0.0134 in 2014, up 644.44% from CNY 0.0018 in 2013[26]. - The total assets of the company at the end of 2014 were CNY 562.58 million, reflecting a 3.80% increase from CNY 541.99 million at the end of 2013[25]. - The company reported a cash flow from operating activities of -CNY 22.64 million in 2014, an improvement from -CNY 24.21 million in 2013[25]. - The weighted average return on equity increased to 0.61% in 2014, up 0.53 percentage points from 0.08% in 2013[26]. - The company reported a decrease in net assets attributable to shareholders by 1.68% from CNY 477.67 million in 2013 to CNY 469.65 million in 2014[25]. - The total distributable profit for 2014 was 26.1384 million yuan, but no profit distribution or capital reserve transfer to increase share capital was proposed[64]. - The company achieved a net profit of 2.9291 million yuan in 2014, with a parent company net profit of 1.1788 million yuan[64]. Revenue and Sales - The sales volume of motorcycles and special vehicles increased by 85.89%, with 23,272 units sold in 2014 compared to 12,519 units in 2013[33]. - The company's operating revenue for 2014 reached CNY 357.83 million, a year-on-year increase of 27.63%[30]. - The motorcycle and special vehicle segment generated RMB 187,485,272.00 in revenue, with a gross profit margin of 28.04%, an increase of 3.84 percentage points year-on-year[48]. - The power and garden machinery segment reported revenue of RMB 150,961,993.08, with a gross profit margin of 1.56 percentage points higher than the previous year[48]. - The international market contributed RMB 63,711,887.96 in revenue, reflecting a growth of 36.67% compared to the previous year[50]. Costs and Expenses - The cost of goods sold increased by 23.31% to CNY 309.54 million, with raw material costs accounting for 88.29% of total costs in the motorcycle manufacturing sector[30][37]. - Total operating costs amounted to CNY 353,360,185.37, up from CNY 285,687,382.50, reflecting a rise of 23.6%[150]. - Research and development expenses totaled CNY 3.96 million, accounting for 1.11% of operating revenue[44]. Cash Flow and Investments - The company reported a cash flow from operating activities of -CNY 22.64 million in 2014, an improvement from -CNY 24.21 million in 2013[25]. - The net cash flow from operating activities was -18,900,537.23 RMB, an improvement from -32,106,160.41 RMB in the previous period, indicating a 41.3% reduction in cash outflow[159]. - Cash inflow from investing activities was 11,636,453.45 RMB, compared to 0.00 RMB in the previous period, indicating a positive shift in investment recovery[159]. Shareholder and Dividend Information - The company will not distribute profits for 2014, retaining earnings for development needs[4]. - The company maintained a cash dividend policy that aligns with shareholder resolutions, ensuring clarity and compliance in profit distribution decisions[63]. - The company distributed dividends totaling 10,956,000.00 RMB during the period, compared to 0.00 RMB in the previous period[161]. Corporate Governance and Compliance - The company established a comprehensive corporate governance structure and management system in compliance with relevant laws and regulations[121]. - The company strictly adheres to information disclosure regulations, ensuring timely and accurate reporting to all shareholders[125]. - The audit committee and other specialized committees have been functioning normally without raising significant concerns during the reporting period[131]. Market Strategy and Future Outlook - The company plans to enhance its sales strategy by participating in major motorcycle events and improving brand recognition through various promotional activities[45]. - Future outlook includes plans for market expansion and new product development to drive growth[104]. - The company aims to achieve a revenue growth target of 15% for the upcoming fiscal year[104]. Employee and Management Information - The total number of employees in the parent company is 484, while the total number of employees in major subsidiaries is 98, resulting in a combined total of 582 employees[114]. - The total remuneration for the reporting period for the general manager, Wang Santai, is RMB 14.52 million[102]. - The remuneration for directors and senior management is determined based on the company's performance and is structured as a combination of base salary and performance bonuses[109]. Risks and Challenges - The company faced risks from international market fluctuations, domestic economic adjustments, and rising labor costs, which could impact sales and profitability[61]. - The company has assessed that there are no factors affecting its ability to continue as a going concern for the next 12 months[173]. Environmental and Social Responsibility - The company emphasized its commitment to environmental sustainability, achieving ISO14001 environmental management system certification during the reporting period[65].
林海股份(600099) - 2014 Q3 - 季度财报
2014-10-24 16:00
Financial Performance - Operating revenue rose by 45.62% to CNY 254,006,647.68 for the first nine months of the year[6] - Net profit attributable to shareholders increased by 194.54% to CNY 2,253,862.60 year-on-year[6] - Basic earnings per share reached CNY 0.0103, a 202.94% increase compared to the same period last year[6] - Net profit for the period was ¥2,253,862.60, representing a 194.54% increase from ¥765,224.92 in 2013, attributed to higher revenue[13] - Operating profit for the first nine months of 2014 was CNY 2,752,365.67, compared to CNY 674,528.51 in the same period last year, indicating a significant growth[24] - Net profit for Q3 2014 reached CNY 744,307.98, representing a 75.8% increase from CNY 423,522.07 in Q3 2013[24] - The company reported a total profit of CNY 1,103,258.97 for Q3 2014, up 145.5% from CNY 449,324.52 in Q3 2013[24] Asset and Liability Changes - Total assets increased by 6.80% to CNY 578,860,720.18 compared to the end of the previous year[6] - Total liabilities as of September 30, 2014, amounted to CNY 74,708,088.97, significantly higher than CNY 38,498,944.23 at the same time last year[23] - Total equity decreased to CNY 466,799,256.69 from CNY 477,342,725.14 year-over-year[23] - The company’s total assets as of September 30, 2014, were CNY 541,507,345.66, compared to CNY 515,841,669.37 at the end of Q3 2013[23] Cash Flow and Investments - Cash flow from operating activities showed a net outflow of ¥24,944,964.25, an improvement of 34.10% compared to a net outflow of ¥37,853,513.44 in 2013[14] - Operating cash inflow for the period reached ¥208,336,777.39, a significant increase of 62.3% compared to ¥128,442,283.59 in the same period last year[29] - The net cash increase for the period was -¥43,595,666.02, slightly worse than the previous year's decrease of -¥43,503,143.49[30] - The company reported a net cash flow from operating activities of -¥14,178,450.39, an improvement from -¥39,741,614.87 year-over-year[31] - Cash outflow for fixed asset purchases was ¥8,095,625.44, which is a 43.3% increase from ¥5,649,630.05 in the same period last year[30] Shareholder Information - The total number of shareholders reached 16,144 by the end of the reporting period[9] - The largest shareholder, China Foma Machinery Group Co., Ltd., holds 42.10% of the shares[9] Operational Costs and Expenses - Operating costs increased to ¥224,077,142.10, up 44.36% from ¥155,219,171.31 in the previous year, reflecting higher sales volume[13] - The company reported a significant increase in sales expenses, which rose to ¥3,894,728.93, a 72.01% increase from ¥2,264,190.22 in the previous year[13] - Cash outflow for purchasing goods and services amounted to ¥187,808,577.01, up from ¥131,944,546.09, indicating increased operational costs[29] Accounts Receivable and Payable - Accounts receivable increased by 93.94% to CNY 107,097,970.52 due to changes in payment terms[12] - Accounts payable increased by 77.65% to CNY 100,394,560.80 due to higher procurement volumes[12] - Accounts receivable increased significantly to ¥107,097,970.52 from ¥55,221,173.00, indicating higher sales on credit[17]
林海股份(600099) - 2014 Q2 - 季度财报
2014-08-22 16:00
Financial Performance - The company achieved operating revenue of CNY 166,460,504.41, a 65.43% increase compared to the same period last year[22]. - Net profit attributable to shareholders reached CNY 1,509,554.62, reflecting a significant increase of 341.77% year-on-year[22]. - The total operating revenue for the company reached ¥160,324,620.96, representing a year-on-year increase of 67.73%[29]. - Operating profit for the first half of 2014 was ¥1,780,346.70, significantly up from ¥285,203.99 in the previous year, marking a growth of 523.5%[67]. - Net profit attributable to shareholders for the first half of 2014 was ¥1,509,554.62, compared to ¥341,702.85 in the same period last year, representing a 341.5% increase[67]. - Basic and diluted earnings per share increased to ¥0.0069 from ¥0.0016, reflecting a growth of 331.3%[67]. - The net profit for the period was RMB 1,509,554.62, compared to RMB 1,490,000.00 in the previous period, showing a slight increase[62]. - The net profit attributable to the parent company for the period was CNY 1,509,554.62, leading to an ending undistributed profit of CNY 35,792,733.50 after statutory surplus reserve allocation[169]. Revenue Breakdown - The motorcycle and special vehicle segment generated ¥125,307,764.85 in revenue, with a year-on-year increase of 139.69%[29]. - The power and garden machinery segment reported a revenue of ¥35,016,856.11, but experienced a decline of 19.15% year-on-year[29]. - International market revenue was ¥77,665,507.41, reflecting a growth of 15.52% year-on-year[31]. - Domestic revenue surged to ¥82,659,113.55, marking a significant increase of 191.50% compared to the previous year[31]. - The top five customers contributed CNY 107,252,984.36 to total revenue, accounting for 66.90% of the company's total operating income[174]. Expenses and Costs - Sales expenses increased by 61.72% to CNY 2,317,754.63, driven by higher sales activities[26]. - Total operating costs for the first half of 2014 were ¥164,680,157.71, a 64.0% increase from ¥100,338,846.78 in the same period last year[67]. - Management expenses increased to ¥16,926,769.34 from ¥11,473,235.06, marking a rise of 47.5%[67]. - The company reported a significant increase in sales expenses, which rose to ¥2,317,754.63 from ¥1,433,169.79, reflecting a 61.8% increase[67]. Cash Flow and Liquidity - The company reported a net cash flow from operating activities of CNY -21,739,793.74, an improvement from CNY -26,576,003.36 in the previous year[22]. - Cash flow from operating activities showed a net outflow of ¥21,739,793.74, an improvement from a net outflow of ¥26,576,003.36 in the previous year[70]. - Cash and cash equivalents at the end of the period totaled RMB 206,489,958.69, down from RMB 234,640,647.30 at the end of the previous period, representing a decrease of 12%[71]. - The ending cash balance was 206,489,958.69 RMB, down from 229,559,829.75 RMB at the beginning of the period, indicating a decrease of approximately 10.04%[187]. Assets and Liabilities - Total assets grew by 9.87% to CNY 584,629,394.98 compared to the end of the previous year[22]. - The company's total liabilities were RMB 105,446,187.72, compared to RMB 64,314,430.44 at the beginning of the year, indicating a significant increase[63]. - Total liabilities as of June 30, 2014, amounted to ¥77,632,453.87, up from ¥38,498,944.23, indicating a 102.5% increase[67]. - The total fixed assets at the end of the period amounted to CNY 291,245,882.45, with an increase of CNY 414,410.24 during the period[157]. Shareholder Information - The total number of shareholders at the end of the reporting period was 17,474[53]. - The largest shareholder, China Fuma Machinery Group Co., Ltd., holds 42.10% of the shares, totaling 92,256,920 shares[53]. - The total equity attributable to shareholders as of June 30, 2014, was ¥477,524,828.01, slightly up from ¥477,342,725.14, indicating a marginal increase of 0.04%[67]. Research and Development - Research and development expenses increased by 23.07% to CNY 2,734,854.38, indicating a commitment to innovation[26]. - The company plans to focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters[74]. Accounting and Financial Reporting - The financial statements are prepared based on the going concern principle and comply with the requirements of the Enterprise Accounting Standards[90]. - The company recognizes impairment losses for financial assets if there is objective evidence of impairment[98]. - The company’s financial statements reflect a true and complete view of its financial position, operating results, and cash flows[90]. Related Party Transactions - The total accounts receivable from related parties amounted to CNY 97,429,981.39, representing 86.77% of total accounts receivable[198]. - The largest accounts receivable from related parties is CNY 50,858,145.60 from Jiangsu Linhai Power Machinery Group, accounting for 45.29% of total accounts receivable[198]. - The company has a total of RMB 66,302,058.87 in accounts receivable from related parties, accounting for 64.10% of total accounts receivable[147]. Inventory Management - The inventory level rose from RMB 48,013,583.44 to RMB 52,753,360.02, an increase of about 9.67%[62]. - Total inventory at the end of the period was CNY 53,190,854.81, with a provision for inventory depreciation of CNY 437,494.79[154].
林海股份(600099) - 2014 Q1 - 季度财报
2014-04-22 16:00
林海股份有限公司 600099 2014 年第一季度报告 | 一、重要提示 2 | | --- | | 二、公司主要财务数据和股东变化 3 | | 三、重要事项 5 | | 四、附录 8 | 600099 林海股份有限公司 2014 年第一季度报告 一、重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、 完整,不存在虚假记载、误导性陈述或者重大遗漏,并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 | 公司负责人姓名 | 刘 群 | | --- | --- | | 主管会计工作负责人姓名 | 刘 斌 | | 会计机构负责人(会计主管人员)姓名 | 陈建国 | 公司负责人刘群、主管会计工作负责人刘斌及会计机构负责人(会计主管人员)陈建国 保证季度报告中财务报表的真实、准确、完整。 1.4 公司第一季度报告中的财务报表未经审计。 600099 林海股份有限公司 2014 年第一季度报告 | 股东总数 | | | | | | 16,842 | | --- | --- | --- | --- | --- | --- | --- | | | | ...
林海股份(600099) - 2013 Q4 - 年度财报
2014-03-05 16:00
Financial Performance - In 2013, Linhai Co., Ltd. achieved a net profit of CNY 401,894.81, a decrease of 18.38% compared to CNY 492,371.46 in 2012[7] - The company's operating revenue for 2013 was CNY 280,368,747.84, representing a 27.68% increase from CNY 219,595,635.41 in 2012[26] - The basic earnings per share for 2013 was CNY 0.0018, down 18.18% from CNY 0.0022 in 2012[25] - The net cash flow from operating activities in 2013 was negative CNY 24,214,848.64, compared to positive CNY 638,851.69 in 2012[26] - The total revenue for the main business reached CNY 273,050,408.55, representing a year-on-year increase of 29.29%[40] - The company reported a total of CNY 5,764,739.29 in non-recurring gains and losses for 2013, down from CNY 11,191,819.19 in 2012[26] - The weighted average return on net assets for 2013 was 0.084%, down from 0.103% in 2012[25] - The net profit for the period was CNY 0.40 million, while the operating profit was a loss of CNY 0.54 million[28] Assets and Liabilities - The total assets at the end of 2013 were CNY 541,988,083.08, an increase of 2.83% from CNY 527,067,751.28 at the end of 2012[26] - The company's net assets attributable to shareholders at the end of 2013 were CNY 477,673,652.64, a slight increase of 0.08% from CNY 477,271,757.83 in 2012[26] - The total liabilities at the end of 2013 were CNY 38,498,944.23, a decrease of 13.1% from CNY 44,304,053.12 at the beginning of the year[140] - The company's cash and cash equivalents decreased to CNY 214,462,598.18 from CNY 258,984,716.59 at the beginning of the year, a decline of 16.2%[139] - Accounts receivable increased to CNY 74,947,975.11, up 65.2% from CNY 45,392,341.98 in the previous year[139] - Inventory rose to CNY 32,704,852.01, an increase of 12.0% compared to CNY 29,118,901.99 at the beginning of the year[139] Sales and Market Performance - The sales volume of motorcycles and special vehicles increased by 37.69% to 12,519 units, compared to 9,092 units in 2012[30] - The company’s major customers contributed CNY 157.25 million in sales, representing 56.08% of total sales, with the largest customer accounting for 25.60%[31] - Domestic revenue increased significantly by 97.61% to CNY 226,431,475.69, while international revenue decreased by 51.74% to CNY 46,618,932.86[40] - The total cost of goods sold was CNY 245.32 million, reflecting a year-on-year increase of 25.34% from CNY 195.73 million[32] Research and Development - Research and development expenses totaled CNY 4.82 million, accounting for 1.72% of operating revenue, with a year-on-year increase of 17.05%[34] - The company completed 28 quality improvement projects for strategic products, including the LH1630 tractor and ATV700 special vehicle, achieving ROPS certification for the LH1630[37] - The company plans to enhance its competitiveness in the special vehicle sector and accelerate new product development while improving quality and reducing costs[51] Corporate Governance - The company has established a comprehensive corporate governance structure and system, ensuring equal treatment of all shareholders and compliance with relevant laws and regulations[109] - The supervisory board consists of 3 members, including 1 employee representative, effectively overseeing the company's management and financial status[110] - The company has implemented a performance evaluation and incentive mechanism, continuously optimizing its target and responsibility assessment system[110] - The company strictly adheres to insider information management regulations, ensuring confidentiality and compliance to prevent insider trading[111] Cash Flow and Investments - The company’s cash flow from investing activities resulted in a net outflow of -¥11,309,698.32, compared to -¥24,920,397.23 in the previous period[147] - The company’s investment activities resulted in a net cash outflow of CNY 11.31 million, an improvement from a net outflow of CNY 24.92 million in the previous year[35] - The company anticipates a funding requirement of 280 million RMB to meet its operational goals for 2014, primarily relying on internal funds[55] Employee and Management - The total number of employees in the parent company is 435, and the total number of employees in major subsidiaries is 171, resulting in a combined total of 606 employees[103] - The company has a core technical team consisting of 37 technical personnel responsible for research and development of core technologies[102] - The board of directors and senior management received a total pre-tax remuneration of 52.19 million RMB during the reporting period[91] Related Party Transactions - Total sales to related parties amounted to 138.99 million RMB, representing 49.58% of similar business transactions[67] - The company reported related party purchases of CNY 50.81 million, accounting for 21.95% of similar transactions, and related party sales of CNY 139.44 million, accounting for 49.74% of similar transactions[124] Compliance and Audit - The company received a standard unqualified audit opinion from the accounting firm on its financial statements for the year ended December 31, 2013[132] - There were no penalties or administrative actions against the company or its executives during the reporting period[75] - The company has not made any new external investments or entrusted financial management during the reporting period[45]