四川天一科技股份有限公司 2014 年第三季度报告 四川天一科技股份有限公司 2014 年第三季度报告 1 / 19 | 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 | 6 | | 四、 | 附录 | 8 | 四川天一科技股份有限公司 2014 年第三季度报告 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 公司负责人古共伟、主管会计工作负责人曾加及会计机构负责人（会计主管人员）聂英保证 季度报告中财务报表的真实、准确、完整。 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 2.1 主要财务数据 3 / 19 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 1,120,121,416.97 1,116,454,641.18 0.33 归属于上市公司股东的净资产 691 ...

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 37.53 million, an increase of 15.01% compared to the same period last year[24]. - Operating revenue for the period was RMB 327.76 million, reflecting a growth of 6.94% year-on-year, completing 50.42% of the annual plan[24]. - The total contract amount signed during the period was RMB 389.96 million, a year-on-year increase of 17.74%, with significant growth in engineering design and general contracting by 133.65%[24]. - The company's main business revenue from specialized chemical product manufacturing reached ¥318.38 million, with a gross margin of 31.26%[31]. - Revenue from the sale of petrochemical and basic chemical products was ¥104.12 million, with a gross margin of 32.63%[31]. - Revenue from research and development services was ¥214.26 million, with a gross margin of 30.59%[31]. - The company reported a net profit of 37,527,663.74 RMB for the first half of 2014, compared to a net profit of 32,629,905.43 RMB in the same period last year[93]. - Basic and diluted earnings per share increased to CNY 0.126, compared to CNY 0.110 in the same period last year, reflecting a growth of 14.55%[80]. Cash Flow and Investments - The net cash flow from operating activities was negative RMB 13.99 million, a decline of 149.92% compared to the previous year[27]. - The net cash flow from operating activities decreased due to an increase in cash payments for purchasing goods and services[28]. - The net cash flow from investing activities improved due to a decrease in cash payments for fixed asset construction[28]. - The net cash flow from financing activities increased due to higher cash payments for dividend distribution[28]. - The company reported a net cash outflow from operating activities of CNY -13,997,441.01, compared to a net inflow of CNY 28,040,986.75 in the same period last year[86]. - Investment activities resulted in a net cash outflow of CNY -2,679,543.20, a decrease from CNY -13,252,842.09 in the previous year[87]. - The company reported a total cash balance of RMB 369,157,938.30 at the end of the period, down from RMB 409,090,672.51 at the beginning of the period, indicating a decrease of approximately 9.1%[173]. Shareholder Information - The company had a total of 18,835 shareholders at the end of the reporting period[60]. - The largest shareholder, Yingtou Holdings Co., Ltd., held 23.72% of the shares, totaling 70,503,800 shares[60]. - China Haohua Chemical Group Co., Ltd. held 23.13% of the shares, totaling 68,753,764 shares[60]. - The company distributed cash dividends totaling ¥29.72 million, representing 39.82% of the net profit attributable to shareholders[42]. - The company distributed dividends totaling 29,719,329.20 RMB during the reporting period, which is an increase from the previous year's distribution[93]. Accounts Receivable and Bad Debts - The company's total accounts receivable increased by RMB 39.25 million compared to the beginning of the period, with a year-on-year increase of RMB 25.72 million[25]. - The total accounts receivable at the end of the period amounted to ¥180,831,072.17, with a bad debt provision of ¥44,154,116.68, representing 24.43% of the total[179]. - The accounts receivable aged within one year accounted for 62.27% of the total, with a balance of ¥110,692,832.60 and a bad debt provision of ¥5,534,641.63[180]. - The company recorded a total of ¥3,061,942.86 in bad debt provisions for accounts deemed uncollectible, which is 1.69% of the total accounts receivable[179]. - The bad debt provision for accounts aged over three years was ¥30,378,571.28, which is 20.23% of the total accounts receivable[180]. - The total amount of accounts receivable from related parties was ¥5,230,464.57, representing 2.89% of the total[190]. - The total balance of other receivables is CNY 27,647,646.99, with a bad debt provision of CNY 19,846,518.09, indicating a provision ratio of approximately 71.83%[192]. Research and Development - Research and development expenses amounted to RMB 8.23 million, an increase of 3.14% from the previous year[27]. - R&D expenses increased during the reporting period, indicating a focus on innovation[28]. - The company holds 51 authorized patents, including 39 invention patents, reflecting its strong technological capabilities[35]. Assets and Liabilities - Total assets at the end of the period were RMB 1.10 billion, a decrease of 1.83% from the end of the previous year[20]. - Current assets totaled CNY 765,423,630.92, a slight decrease from CNY 778,391,728.91 at the beginning of the year, primarily due to a reduction in cash and cash equivalents[70]. - Total liabilities decreased to CNY 401,492,809.01 from CNY 431,173,563.29, a reduction of 6.9%[73]. - Shareholders' equity increased to CNY 694,485,639.80 from CNY 685,281,077.89, reflecting a growth of 1.8%[73]. Accounting Policies - The financial statements are prepared based on the assumption of going concern, in compliance with the accounting standards[118][119]. - The company has not reported any receivables from shareholders holding 5% or more voting rights during the reporting period[198]. - The company has no changes in accounting policies or estimates reported for the period[167].

Financial Performance - Operating revenue increased by 8.38% to CNY 145,604,472.56 for the first quarter[10] - Net profit attributable to shareholders increased by 3.57% to CNY 14,782,334.26[10] - The company's total revenue for the current period was CNY 145,604,472.56, an increase of 8.4% compared to CNY 134,348,889.43 in the previous period[24] - Net profit for the current period was ¥16,169,220.74, up 17.7% from ¥13,705,550.07 in the previous period[28] - Total profit for the current period was ¥18,483,817.68, a rise of 16.5% from ¥15,893,270.24 in the previous period[28] - Operating profit for the current period was ¥18,486,239.18, up 16.3% from ¥15,886,250.24 in the previous period[27] - Basic earnings per share rose by 4.17% to CNY 0.050[10] - Basic earnings per share increased to ¥0.054, compared to ¥0.046 in the previous period, reflecting a growth of 17.4%[28] Cash Flow - Cash flow from operating activities showed a significant decline of 619.45%, resulting in a net outflow of CNY 36,087,699.85[10] - Cash flow from operating activities showed a net outflow of ¥36,087,699.85, a decline from a net inflow of ¥6,947,327.34 in the previous period[31] - Operating cash inflow for the period was $161,700,549.68, a decrease from $175,027,097.67 in the previous period, representing a decline of approximately 7.56%[35] - Operating cash outflow totaled $201,048,529.93, up from $169,691,281.84, indicating an increase of about 18.38%[35] - Net cash flow from operating activities was -$39,347,980.25, compared to a positive $5,335,815.83 in the prior period, reflecting a significant decline[35] - Investment cash inflow was $1,643,000.00, while investment cash outflow increased to $11,318,286.49, resulting in a net cash flow from investing activities of $1,041,159.16, a turnaround from -$11,318,286.49[35] Assets and Liabilities - Total assets decreased by 2.60% to CNY 1,087,380,259.88 compared to the end of the previous year[10] - Current assets totaled CNY 753,824,502.13, down from CNY 778,391,728.91, representing a decrease of about 3.2%[17] - The company's cash and cash equivalents decreased from CNY 409,090,672.51 to CNY 377,896,431.69, a reduction of approximately 7.6%[17] - Total liabilities decreased from CNY 431,173,563.29 to CNY 386,959,054.37, a decline of approximately 10.2%[18] - The company reported a decrease in total non-current assets from CNY 338,062,912.27 to CNY 333,555,757.75, a decline of about 1.5%[18] Shareholder Information - The number of shareholders reached 21,076, with the top ten shareholders holding a combined 55.35% of the shares[13] Operating Costs and Expenses - Operating costs rose from CNY 117,169,325.74 to CNY 128,144,733.75, an increase of about 9.1%[24] - The company incurred operating costs of ¥101,997,833.15, which is an increase from ¥93,560,177.25 in the previous period[27] Other Financial Metrics - The weighted average return on equity decreased by 0.05 percentage points to 2.19%[10] - The company's retained earnings increased from CNY 171,835,543.02 to CNY 186,617,877.28, a growth of approximately 8.1%[19] - The total comprehensive income for the current period was ¥16,169,220.74, compared to ¥13,705,550.07 in the previous period, indicating a growth of 17.7%[28] - The company reported a significant increase of 299.8% in special reserves, totaling CNY 1,610,700.79, attributed to higher safety production expense provisions[15] Payables - Accounts payable increased by 71.24% to $43,057,529.94, attributed to increased prepayments for project materials[38] - Employee payables rose by 37.37% to $52,092,987.56, primarily due to the settlement of last year's employee compensation[38] - Tax payables increased by 73.68% to $13,312,333.69, mainly due to an increase in value-added tax payable for the current period[38]

Financial Performance - In 2013, the company's operating income reached RMB 684,358,581.72, representing a 4.16% increase compared to RMB 657,015,132.83 in 2012[26] - The net profit attributable to shareholders was RMB 74,630,436.90, an increase of 8.36% from RMB 68,872,462.37 in the previous year[26] - The company's total assets as of December 31, 2013, amounted to RMB 1,116,454,641.18, reflecting a 6.05% increase from RMB 1,052,796,469.01 in 2012[26] - The basic earnings per share for 2013 was RMB 0.25, an increase of 8.70% compared to RMB 0.23 in 2012[27] - The weighted average return on net assets was 11.69%, slightly down from 11.76% in the previous year[27] - The company's net assets attributable to shareholders increased by 8.85% to RMB 667,287,521.06 from RMB 613,057,734.37 in 2012[26] - The company reported a total profit for the year of ¥8,769,710, an increase of 5.96% compared to the previous year, achieving 128.97% of the annual target[54] - The company reported a gross profit margin of 28.76% for its main business in specialized chemical product manufacturing, an increase of 0.40 percentage points from the previous year[56] Cash Flow and Investments - The net cash flow from operating activities decreased by 55.12% to RMB 89,485,452.88 from RMB 199,408,411.69 in 2012[26] - The company reported a total of CNY 933.19 million in non-operating income for 2013, a significant decrease from CNY 4.05 billion in 2012[30] - The net cash flow from investment activities improved by 73.53%, with a net outflow of ¥35,571,728.66 compared to ¥134,365,594.85 in the previous year[57] - The company reported a decrease in cash received from sales of goods and services, totaling CNY 742,378,993.43, down from CNY 775,388,927.17 in the previous year[182] - The net cash flow from investment activities was -33,769,038.66 CNY, indicating a significant outflow compared to the previous year's -132,335,774.85 CNY[188] Research and Development - The company invested in 22 ongoing research projects in 2013, focusing on technologies such as methanol production from coke oven gas and CO2 capture[39] - Research and development expenses totaled ¥21,453,569.61, accounting for 3.13% of both net assets and operating revenue[52] - The company has maintained R&D investment at over 3% of its revenue annually, emphasizing the importance of technology development and intellectual property management[84] - The company completed four project evaluations and has 20 ongoing research projects, focusing on resource recycling and energy-saving technologies[53] Market Position and Strategy - The company maintained a market share of over 50% in the domestic large PSA-H2 projects, indicating strong competitive positioning[34] - The company focused on enhancing its marketing system and expanding international markets to adapt to the challenging economic environment[34] - The company aims to expand its international operations and engineering contracting capabilities to create new profit growth points[64] - The company plans to achieve a revenue target of 650 million RMB and a profit of 70 million RMB for 2014, with operating costs estimated at 580 million RMB[76] Corporate Governance - The company has established quality and environmental management systems, ensuring compliance with relevant standards and regulations[82] - The company has maintained its accounting firm, Tianzhi International Accounting Firm, for 7 years, with an audit fee of CNY 330,000[102] - The company has established an independent director work system to enhance governance and compliance, ensuring the protection of shareholder interests[146] - The board of directors consists of 9 members, including 3 independent directors, which meets regulatory requirements[145] Shareholder Information - The total number of shareholders at the end of the reporting period was 26,552, with a total of 22,109 shareholders before the report date[112] - The largest shareholder, Yingtou Holdings Co., Ltd., holds 23.19% of the shares, amounting to 68,917,690 shares[115] - The second largest shareholder, China Haohua Chemical Group Co., Ltd., holds 23.13% of the shares, totaling 68,753,764 shares[115] - The total revenue for Yingtou Holdings in 2013 was RMB 228 million, with a net profit of RMB 55.58 million[114] Sustainability and Future Outlook - The company is committed to sustainability and aims to reduce its carbon footprint by 30% over the next five years through innovative technologies[123] - Future outlook includes a projected revenue growth of 20% for the next fiscal year, driven by new product launches and market expansion initiatives[123] - The company plans to focus on technology development related to energy conservation and environmental protection, with an emphasis on new technology research[76] Employee and Management - The total number of employees in the parent company and major subsidiaries is 911, with 877 in the parent company and 34 in subsidiaries[134] - The company has implemented a training plan for 2013, aiming for a 100% completion rate, involving over 1,000 employee training sessions[137] - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 13.6752 million yuan[130] Financial Health - The company reported a total current assets of CNY 778,391,728.91 as of December 31, 2013, an increase from CNY 736,171,195.47 at the beginning of the year, reflecting a growth of approximately 5.4%[171] - Cash and cash equivalents amounted to CNY 409,090,672.51, up from CNY 398,362,480.45, indicating a growth of about 2%[171] - The company's total assets increased to CNY 1,116,454,641.18, compared to CNY 1,052,796,469.01 at the beginning of the year, marking a growth of 6.1%[173] - The company's retained earnings increased to CNY 171,835,543.02 from CNY 125,466,207.90, a substantial rise of 37.0%[173]