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精工钢构:精工钢构关于召开2023年半年度业绩说明会的公告
2023-08-25 10:48
长江精工钢结构(集团)股份有限公司 股票代码:600496 股票简称:精工钢构 编号:临 2023-063 转债代码:110086 转债简称:精工转债 长江精工钢结构(集团)股份有限公司 关于召开 2023 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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。 重要内容提示: ● 会议召开时间:2023 年 9 月 12 日(星期二)上午 10:00-11:30 ● 会议召开地点:上证路演中心(http://roadshow.sseinfo.com) ● 会议召开方式:上证路演中心视频录播和网络互动 ● 投资者可于 2023 年 9 月 5 日(星期二)至 9 月 11 日(星期一)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或可以在 2023 年 9 月 11 日 下 午 16:00 前 将 需 要 了 解 的 情 况 和 关 注 问 题 预 先 发 送 至 公 司 信 箱 (600496@jgsteel.cn),公司将在说明会上就投资者普遍关注的问题进行回答(格 式详见附件)。 长 ...
精工钢构:精工钢构第八届监事会2023年度第三次临时会议决议公告
2023-08-25 10:48
一、审议通过《公司 2023 年半年度报告及摘要》(报告全文详见上海证券交 易所网站 www.sse.com.cn) 长江精工钢结构(集团)股份有限公司 | 股票代码:600496 | 股票简称:精工钢构 | 编号:临 | 2023-061 | | --- | --- | --- | --- | | 转债代码:110086 | 转债简称:精工转债 | | | 长江精工钢结构(集团)股份有限公司 第八届监事会 2023 年度第三次临时会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、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。 长江精工钢结构(集团)股份有限公司(以下简称"公司")第八届监事会 2023 年度第三次临时会议于 2023 年 8 月 25 日上午以通讯方式召开。公司现有 监事 3 人,参加会议 3 人。会议的召开符合《公司法》、《公司章程》的规定,会 议决议有效。会议在保证全体监事充分发表意见的前提下,审议通过以下议案: 1 本议案表决情况:同意票 3 票,反对票 0 票,弃权票 0 票。 二、审议通过《公司 2023 年半年度募集资金存放与 ...
精工钢构(600496) - 2023 Q1 - 季度财报
2023-04-27 16:00
Financial Performance - The company's operating revenue for Q1 2023 was CNY 3,721,078,869.51, representing a slight increase of 0.23% compared to CNY 3,712,366,239.96 in the same period last year[5]. - Net profit attributable to shareholders was CNY 180,291,003.39, up by 0.71% from CNY 179,018,503.75 year-on-year[6]. - The company's net profit for Q1 2023 is not explicitly stated, but the increase in total operating revenue suggests potential profitability[18]. - The net profit for Q1 2023 was CNY 181,126,697.32, an increase from CNY 179,729,363.02 in Q1 2022, representing a growth of approximately 0.78%[19]. - Total revenue from sales of goods and services reached CNY 4,742,259,830.88, compared to CNY 4,494,463,642.19 in the same period last year, indicating a year-over-year increase of about 5.52%[21]. - The operating profit for Q1 2023 was CNY 194,146,571.27, slightly up from CNY 192,176,729.63 in Q1 2022, reflecting a growth of approximately 1.0%[19]. - The total comprehensive income for Q1 2023 was CNY 226,587,171.75, significantly higher than CNY 88,831,441.46 in Q1 2022, marking an increase of approximately 155.5%[20]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, with a net inflow of CNY -195,585,989.34, marking a 31.01% increase compared to CNY -283,515,361.29 in the previous year[6][9]. - The cash flow from operating activities showed a net outflow of CNY -195,585,989.34, an improvement from CNY -283,515,361.29 in Q1 2022[23]. - The company's cash and cash equivalents decreased to CNY 3,574,173,045.38 as of March 31, 2023, down from CNY 4,424,089,164.03 at the end of December 2022, a decline of approximately 19.2%[15]. - The cash and cash equivalents at the end of Q1 2023 amounted to CNY 1,422,574,096.18, compared to CNY 693,380,338.09 at the end of Q1 2022, indicating a significant increase of approximately 104.5%[24]. - The company reported a decrease in total cash outflow from financing activities to CNY 681,545,386.88 in Q1 2023 from CNY 1,055,519,393.76 in Q1 2022, reflecting a reduction of about 35.4%[24]. - The company achieved a total cash inflow from investment activities of CNY 10,774,702.57 in Q1 2023, compared to CNY 897,914.36 in Q1 2022, indicating a substantial increase of approximately 1,097.5%[23]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 20,856,471,705.2, reflecting a decrease of 5.65% from CNY 21,908,723,535.4 at the end of the previous year[6]. - Total assets as of March 31, 2023, were CNY 20,856,471,705.28, down from CNY 22,106,335,250.05 at the end of December 2022, a decrease of about 5.6%[18]. - Total liabilities decreased to CNY 12,596,498,636.46 from CNY 14,102,421,001.72, representing a decline of approximately 10.7%[17]. - The company's cash and cash equivalents decreased to CNY 3,574,173,045.38 as of March 31, 2023, down from CNY 4,424,089,164.03 at the end of December 2022, a decline of approximately 19.2%[15]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 106,260[10]. - The top shareholder, Jinggong Holdings Group (Zhejiang), held 300,000,000 shares, accounting for 14.90% of the total shares[11]. - Basic earnings per share for the period were CNY 0.0896, a slight increase of 0.79% from CNY 0.0889 in the same period last year[6]. - Basic earnings per share for Q1 2023 were CNY 0.0896, up from CNY 0.0889 in Q1 2022, showing a growth of about 0.79%[20]. Expenses and Adjustments - Total operating costs for Q1 2023 amounted to CNY 3,563,601,177.99, compared to CNY 3,543,410,971.62 in Q1 2022, indicating an increase of about 0.6%[18]. - Research and development expenses for Q1 2023 were CNY 161,424,276.24, up from CNY 145,437,463.68 in Q1 2022, indicating an increase of about 11%[18]. - The company incurred a tax expense of CNY 10,806,717.91 in Q1 2023, down from CNY 16,775,110.35 in Q1 2022, representing a decrease of approximately 35.5%[19]. - The company has made retrospective adjustments to its financial statements due to the merger with Zhejiang Jinggong Construction Engineering Co., Ltd.[6].
精工钢构(600496) - 2022 Q4 - 年度财报
2023-04-17 16:00
Financial Performance - In 2022, the company's operating revenue reached ¥15,618,196,933.11, representing a year-on-year increase of 3.15% compared to ¥15,141,359,771.88 in 2021[22]. - The net profit attributable to shareholders of the listed company was ¥706,089,902.77, up 2.81% from ¥686,807,088.65 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥675,738,661.84, reflecting a 6.55% increase from ¥634,212,959.61 in 2021[22]. - The company's total assets increased by 19.35% to ¥21,908,723,535.45 in 2022, compared to ¥18,356,609,300.85 in 2021[22]. - The net assets attributable to shareholders of the listed company rose to ¥7,980,139,045.65, a 6.13% increase from ¥7,519,238,004.76 in the previous year[22]. - Basic earnings per share for 2022 were ¥0.3508, a 2.81% increase from ¥0.3412 in 2021[23]. - The company reported a net cash flow from operating activities of -¥170,158,281.94, an improvement of 29.86% from -¥242,599,848.28 in the previous year[22]. - The gross profit margin for the steel structure segment increased by 1.85 percentage points to 13.01%[67]. - The revenue from the industrial construction segment was 9.82 billion RMB, with a gross margin of 12.67%, up 2.12 percentage points year-on-year[67]. Dividends and Shareholder Returns - The proposed cash dividend is ¥0.36 per 10 shares, totaling ¥71,644,181.76, which accounts for 10.15% of the net profit attributable to shareholders[6]. - The total cash dividend, including share repurchase amounts, is projected to be ¥171,632,783.76, representing 24.31% of the net profit attributable to shareholders[6]. Business Growth and Contracts - The company achieved a historical high in business contracts totaling RMB 18.76 billion, a year-on-year increase of 10.7%[30]. - New contracts for industrial building projects amounted to RMB 8.64 billion, a year-on-year increase of 19.2%[31]. - The company signed EPC and prefabricated project contracts worth RMB 2.85 billion during the reporting period[34]. - The total amount of newly signed projects during the reporting period reached 18.765 billion RMB, with 497 projects signed[90]. - The total amount of orders on hand at the end of the reporting period was 17.386 billion RMB, including 4.314 billion RMB for projects that have signed contracts but have not yet started[91]. Research and Development - Research and development expenses totaled RMB 597 million, reflecting the company's commitment to innovation[36]. - The company has invested over 3.4 billion yuan in R&D over the past 10 years, establishing a strong technical foundation and earning 6 national science and technology progress awards[55]. - The number of R&D personnel is 1,234, making up 15.96% of the total workforce[76]. Strategic Initiatives and Market Position - The company is positioned to benefit from the "dual carbon" goals, with a significant increase in distributed photovoltaic installations, which reached 51.1 GW in 2022, a 74.5% year-on-year growth[49]. - The company is focusing on talent development through the "50*500" elite program, enhancing its talent pool and incentivizing employee ownership[39]. - The company is advancing its low-carbon and smart building initiatives, aligning with national strategies for sustainable development[40]. - The company is actively pursuing market opportunities in green building solutions, integrating photovoltaic systems into its construction projects[57]. Governance and Management - The company has a diverse board with members holding various significant positions in other organizations, enhancing its strategic oversight[115]. - The total number of shares held by senior management at the end of the reporting period was 6,163,654 shares, unchanged from the beginning of the year[114]. - The company continues to focus on maintaining strong governance and management practices, as evidenced by the compensation structure and board composition[115]. - The company has implemented a dual career development path for employees, enhancing its compensation system to remain competitive within the industry[136]. Financial Health and Risk Management - The company has maintained a good credit status, with no unfulfilled court judgments or significant overdue debts[163]. - The company has established a comprehensive risk management system to enhance financial data analysis and fund usage supervision[145]. - The company's long-term credit rating remains at AA with a stable outlook, as confirmed by Dagong Global Credit Rating Co., Ltd.[200]. Environmental and Social Responsibility - The company invested RMB 402.77 million in environmental protection during the reporting period[149]. - The company implemented a rooftop distributed photovoltaic project with a capacity of 200.43KWp, expected to generate approximately 4,775 tons of CO2 emissions reduction over 25 years[153]. - The company made a total donation of RMB 1 million to public welfare projects during the reporting period[154]. Shareholder Structure and Equity - The total number of ordinary shareholders increased to 109,035 by the end of the reporting period, up from 106,260 at the end of the previous month[180]. - The top ten shareholders hold a total of 300,000,000 shares, representing 14.90% of the company[182]. - The company has implemented a share repurchase plan as of October 17, 2022[190].
精工钢构:精工钢构关于召开2022年度业绩暨现金分红说明会的公告
2023-04-11 08:24
长江精工钢结构(集团)股份有限公司 ● 投资者可于 2023 年 04 月 12 日(星期三) 至 04 月 18 日(星期二)16:00 前 登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 600496@jgsteel.cn 进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 长江精工钢结构(集团)股份有限公司(以下简称"公司")将于 2023 年 4 月 18 日发布公司 2022 年度报告,为便于广大投资者更全面深入地了解公司 2022 年度经营成果、财务状况,公司计划于 2023 年 04 月 19 日下午 13:00-14:00 举行 2022 年度业绩暨现金分红说明会,就投资者关心的问题进行交流。 | 股票简称:精工钢构 | 股票代码:600496 | 编号:临 | 2023-016 | | --- | --- | --- | --- | | 转债简称:精工转债 | 转债代码:110086 | | | 长江精工钢结构(集团)股份有限公司 关于召开 2022 年度业绩暨现金分红说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏,并对 ...
精工钢构(600496) - 2022 Q3 - 季度财报
2022-10-27 16:00
Financial Performance - The company's operating revenue for Q3 2022 was CNY 3,776,456,019.92, a decrease of 4.61% compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2022 was CNY 272,675,549.94, an increase of 18.71% year-on-year[7]. - The basic earnings per share for Q3 2022 was CNY 0.1355, reflecting an increase of 18.76% compared to the same period last year[9]. - Total revenue for the first three quarters of 2022 reached CNY 11,058,641,533.82, an increase of 6.4% compared to CNY 10,394,955,067.50 in the same period of 2021[27]. - Total revenue for the third quarter reached 685,212,415.89, an increase from 597,994,043.37 in the previous year, representing a growth of approximately 14.6%[34]. - Net profit for the quarter was 664,185,066.84, compared to 557,798,634.41 in the same period last year, reflecting a year-over-year increase of about 19.0%[34]. - The company reported a decrease in income tax expenses to 21,027,349.05 from 40,195,408.96, a reduction of about 47.7%[34]. - The company’s total operating costs increased to 10,409,995,324.67 from 9,831,175,876.38, reflecting a rise of approximately 5.9%[34]. - Total comprehensive income for the quarter was 430,812,876.78, down from 659,894,803.96, indicating a decrease of approximately 34.6%[36]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 21,371,633,297.53, representing a growth of 16.42% from the end of the previous year[9]. - As of September 30, 2022, total assets amounted to CNY 21,371,633,297.53, up from CNY 18,356,609,300.85 at the end of 2021, reflecting a growth of 11%[25]. - Current assets totaled CNY 17,212,600,647.48, an increase of 23.4% from CNY 13,993,474,270.75 year-over-year[22]. - Total liabilities reached CNY 13,319,069,179.23, an increase of 23.3% compared to CNY 10,800,597,771.31 in the previous year[27]. - The company's equity attributable to shareholders rose to CNY 8,031,895,650.13 from CNY 7,519,238,004.76, reflecting an increase of 6.8%[27]. - Long-term borrowings increased significantly to CNY 381,120,000.00 from CNY 162,285,369.86, indicating a growth of 134.8%[27]. - Contract assets grew to CNY 7,637,028,687.40, up from CNY 6,190,941,030.52, marking an increase of 23.4%[22]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -570,693,221.63, indicating a significant cash outflow[9]. - Cash inflow from operating activities totaled 11,758,760,595.60, compared to 10,769,627,559.54 in the previous year, representing an increase of about 9.2%[36]. - Net cash flow from operating activities was -$570.69 million, an improvement from -$594.86 million year-over-year[39]. - Total cash inflow from investing activities was $15.12 million, a significant decrease from $489.27 million in the previous year[39]. - Cash outflow from investing activities totaled $481.75 million, down from $755.33 million year-over-year[39]. - Net cash flow from financing activities was $1.53 billion, a turnaround from -$324.08 million in the previous year[39]. - Cash flow from financing activities included $1.99 billion from bond issuance[39]. - Cash outflow for debt repayment was $2.08 billion, an increase from $1.62 billion year-over-year[39]. - The company reported a total cash outflow from operating activities of $12.33 billion, compared to $11.36 billion in the previous year[39]. - The impact of exchange rate changes on cash and cash equivalents was $1.51 million, contrasting with -$2.58 million in the previous year[39]. - The company paid $227.60 million in various taxes, slightly up from $227.59 million year-over-year[39]. Strategic Initiatives - The company has been focusing on distributed photovoltaic (PV) projects, with over 50% of its industrial building clients showing increased interest in this area[18]. - The company has established a specialized BIPV subsidiary and formed strategic partnerships with PV component manufacturers to enhance market development efforts[18]. - The company is leveraging its unique capabilities in both construction and photovoltaic technology to capture market opportunities in distributed PV projects[18]. Research and Development - Research and development expenses increased to 439,513,808.71, up from 376,684,921.93, indicating a rise of approximately 16.7%[34].
精工钢构(600496) - 2022 Q2 - 季度财报
2022-08-25 16:00
Financial Performance - The company's operating revenue for the first half of 2022 was ¥7,282,185,513.90, representing a 13.15% increase compared to ¥6,435,826,791.35 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was ¥381,329,591.43, up 15.48% from ¥330,212,638.26 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥362,368,712.60, reflecting a 17.65% increase from ¥307,999,511.65 in the same period last year[22]. - The company's total assets reached ¥21,228,195,681.79, a 15.64% increase from ¥18,356,609,300.85 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company were ¥7,833,000,999.54, which is a 4.17% increase from ¥7,519,238,004.76 at the end of the previous year[22]. - The basic earnings per share for the first half of 2022 was ¥0.1894, an increase of 15.42% compared to ¥0.1641 in the same period last year[22]. - The weighted average return on net assets was 4.93%, an increase of 0.31 percentage points from 4.62% in the previous year[22]. - The company's operating costs rose to approximately ¥6.26 billion, reflecting a 13.35% increase from ¥5.52 billion year-on-year[50]. Cash Flow and Financing - The net cash flow from operating activities was -¥394,185,526.13, an improvement of 19.39% compared to -¥488,988,064.09 in the same period last year[22]. - The company completed the public issuance of convertible bonds, raising a total of 2 billion yuan, which was listed on the Shanghai Stock Exchange on May 23, 2022[40]. - The company's financing activities generated a net cash flow of approximately ¥1.50 billion, a significant increase of 898.38% compared to -¥188.21 million in the previous year[50]. - Cash inflow from financing activities totaled CNY 3,348,957,909.25, significantly higher than CNY 1,139,810,000.00 in the previous year[148]. - The company reported a net increase in cash and cash equivalents of CNY 937,960,430.68, reversing a decrease of CNY -919,252,864.29 in the same period last year[148]. Contracts and Sales - The company signed a total of 208 contracts during the reporting period, with a contract value of 8.323 billion yuan, representing a 7% increase year-on-year[40]. - The company achieved a steel structure sales volume of 510,000 tons, an 11% increase compared to the same period last year[40]. - The company’s industrial building segment saw a significant increase in new contracts, with industrial enterprise projects amounting to 4.792 billion yuan, a 54% increase year-on-year[40]. - Approximately 86% of the company's orders in the industrial building segment came from emerging industries such as 5G, new energy vehicles, and industrial internet[42]. Research and Development - The company’s R&D expenses increased to approximately ¥285.39 million, a rise of 7.58% compared to ¥265.28 million in the previous year[50]. - The company established a subsidiary focused on distributed photovoltaic EPC business, enhancing its BIPV operations[44]. - The company has developed partnerships with several leading photovoltaic companies for product R&D and supply chain collaboration[44]. Environmental and Social Responsibility - The company strictly adhered to environmental protection laws and regulations, with no significant environmental issues reported during the period[76]. - The company established an EHS management office and implemented ISO14001 and OHSAS18001 management systems to enhance environmental and occupational health safety management[76]. Shareholder Information - The company has a total of 114,315 common shareholders as of the end of the reporting period[98]. - The largest shareholder, Jinggong Holdings Group (Zhejiang) Investment Co., Ltd., holds 300,000,000 shares, representing 14.90% of the total shares[98]. - The company has not experienced any changes in its total share capital or share structure during the reporting period[97]. Investment and Capital Management - The company plans to invest CNY 754.9 million in the construction of the Changjiang Precision Intelligent Manufacturing Industrial Park in Lu'an, Anhui Province, which will add a steel structure production capacity of 200,000 tons upon completion[58]. - The company is also investing CNY 450 million in the construction of a prefabricated steel structure building lifecycle project management service integration demonstration base in Shaoxing, Zhejiang Province, expected to add 400,000 square meters of prefabricated building capacity[60]. - The company plans to continue expanding its capital base and enhancing shareholder value through strategic investments and capital management[166].
精工钢构(600496) - 2022 Q1 - 季度财报
2022-04-29 16:00
Financial Performance - The company's operating revenue for Q1 2022 was ¥3,712,366,239.96, representing a year-on-year increase of 34.58%[6] - The net profit attributable to shareholders of the listed company was ¥179,018,503.75, up 35.55% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥166,836,577.40, reflecting a 42.28% increase year-on-year[6] - Basic earnings per share for the period were ¥0.0889, an increase of 35.52% year-on-year[9] - Diluted earnings per share for the period were also ¥0.0889, reflecting a 35.52% increase compared to the same period last year[9] - Total operating revenue for Q1 2022 reached approximately ¥3.71 billion, a 34.6% increase from ¥2.76 billion in Q1 2021[32] - Net profit for Q1 2022 was approximately ¥179.73 million, representing a 36.5% increase compared to ¥131.70 million in Q1 2021[34] Cash Flow and Liquidity - The net cash flow from operating activities was -¥283,515,361.29, a decrease of 48.81% compared to the previous year[6] - Cash inflow from operating activities in Q1 2022 totaled approximately ¥4.56 billion, an increase from ¥3.66 billion in Q1 2021[36] - The net cash flow from operating activities was -$283.52 million, an improvement from -$553.80 million in the previous period[40] - Total cash outflow from investing activities was $42.35 million, compared to $323.40 million in the prior period, indicating a significant reduction in investment spending[40] - Cash inflow from financing activities amounted to $1.09 billion, up from $771.38 million, reflecting increased borrowing[40] - The ending balance of cash and cash equivalents was $693.38 million, down from $982.92 million at the beginning of the period[41] - The company reported a total cash outflow of $289.54 million, an improvement from $883.32 million in the previous period[40] Assets and Liabilities - Total assets at the end of the reporting period were ¥18,300,233,831.40, a slight decrease of 0.31% from the end of the previous year[9] - The equity attributable to shareholders of the listed company was ¥7,607,329,800.63, an increase of 1.17% compared to the end of the previous year[9] - Total liabilities as of March 31, 2022, were RMB 10,655,390,860.40, down from RMB 10,800,597,771.31, reflecting a decrease of approximately 1.3%[28] - The company's total equity increased to RMB 7,644,842,971.00 from RMB 7,556,011,529.54, indicating a growth of about 1.2%[28] - The company's total assets as of March 31, 2022, were RMB 18,300,233,831.40, a slight decrease from RMB 18,356,609,300.85, indicating a decline of about 0.3%[28] Expenses and Investments - Total operating costs for Q1 2022 were approximately ¥3.54 billion, up 34.2% from ¥2.64 billion in Q1 2021[32] - Research and development expenses for Q1 2022 amounted to approximately ¥145.44 million, up from ¥128.44 million in Q1 2021[32] - The company recorded investment income of approximately ¥5.10 million in Q1 2022, down from ¥11.53 million in Q1 2021[32] - The cash outflow for the acquisition of fixed assets and intangible assets was $20.85 million, a decrease from $42.16 million previously[40] Other Comprehensive Income - Other comprehensive income after tax for Q1 2022 was approximately -¥90.90 million, compared to ¥2.34 million in Q1 2021[34] - The total comprehensive income for Q1 2022 was approximately ¥88.83 million, a decrease from ¥134.04 million in Q1 2021[34] Non-Recurring Items - Non-recurring gains and losses for the period totaled ¥12,181,926.35 after tax[12]
精工钢构(600496) - 2021 Q4 - 年度财报
2022-04-29 16:00
Financial Performance - The company's operating revenue for 2021 was CNY 15,141,359,771.88, representing a 31.85% increase compared to CNY 11,484,018,588.47 in 2020[18]. - The net profit attributable to shareholders of the listed company was CNY 686,807,088.65, a 6.19% increase from CNY 646,762,777.21 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 634,212,959.61, up 7.42% from CNY 590,406,875.82 in 2020[18]. - The company reported a negative cash flow from operating activities of CNY -242,599,848, a significant decrease compared to CNY 424,151,095 in 2020[18]. - The weighted average return on equity decreased by 1.38 percentage points to 9.56%[28]. - The company reported a net cash flow from operating activities of 352.26 million yuan in the fourth quarter[24]. - The company achieved a revenue of 15.14 billion RMB, representing a year-on-year growth of 31.85%[79]. - The net profit attributable to shareholders was 687 million RMB, an increase of 6.19% compared to the previous year[79]. - The net cash flow from operating activities was -243 million RMB, indicating a significant decline from the previous year's positive cash flow[80]. Dividend and Capital Management - The company plans to distribute a cash dividend of CNY 0.36 per 10 shares, totaling CNY 72,463,476.56, which accounts for 10.55% of the net profit attributable to shareholders[4]. - The company does not plan to increase capital reserves to share capital this year[4]. - The company has established a cash dividend policy, ensuring a minimum distribution of 30% of the average distributable profit over the last three years when conditions allow[191]. - The cash dividend policy is aligned with the company's articles of association and shareholder meeting resolutions, with clear standards and procedures in place[192]. - The company has committed to distributing profits in cash, provided it has positive retained earnings and sufficient cash flow for normal operations and long-term development[191]. Contracts and Business Development - The company signed a total of 441 new contracts with a cumulative contract value of 16.949 billion yuan, representing a year-on-year increase of 13.29%[30]. - New contracts in public building projects, primarily from government clients, amounted to 6.439 billion yuan, a year-on-year increase of 33.57%[34]. - Industrial building contracts signed totaled 7.249 billion yuan, with approximately 80% of orders coming from emerging industries such as 5G and new energy vehicles[34]. - The company signed 43 new EPC contracts, generating revenue of 4.168 billion yuan, accounting for 27.89% of main business income[35]. - The total amount of new contracts signed during the reporting period was 169.49 billion RMB, indicating strong demand in the market[117]. - As of the end of the reporting period, the total amount of orders on hand was 193.04 billion RMB, with 37.13 billion RMB in signed contracts yet to commence[118]. Innovation and Technology - The company established a new technical research and development expert committee, including 5 external experts and 12 internal experts, to enhance innovation capabilities[40]. - The company’s digital transformation year saw the successful signing of 10 projects, covering 5 provinces, marking a breakthrough in software sales[41]. - The company is collaborating with Beijing Guli Technology to develop a domestic BIM platform, enhancing its technological capabilities in the construction industry[75]. - The JID integrated software for industrial building design has improved design cycles by 50% and accuracy by over 40%, marking a significant advancement in the company's digital transformation[74]. - The company has received 35 patents and 2 provincial-level construction methods, reflecting its commitment to continuous innovation[65]. Market and Industry Trends - The construction industry is facing a labor supply shortage, with a decrease of 1.56% in the workforce from the previous year, totaling 52.83 million workers[59]. - The government aims for the steel structure usage to reach approximately 140 million tons by the end of 2025, accounting for over 15% of national crude steel output[60]. - Steel structure buildings are projected to constitute 15% of new building area by 2025, with policies encouraging their adoption in public buildings[60]. - The company anticipates that smaller steel structure enterprises lacking innovation will be gradually eliminated from the market, leading to industry consolidation[133]. Risk Management and Governance - The company has detailed potential risks in its management discussion and analysis section[4]. - The company has established a mechanism to track steel price fluctuations and adjust procurement strategies accordingly[143]. - The company actively engages in risk assessment and management to enhance accounts receivable management[138]. - The company has a governance structure in place that complies with relevant laws and regulations, ensuring effective decision-making and supervision[146]. - The company has maintained a comprehensive risk management system, focusing on financial data analysis and enhancing financial warning capabilities[197]. Employee and Management Structure - The total number of shares held by the chairman and CEO, Fang Chaoyang, remained unchanged at 5,028,124 shares, with a pre-tax remuneration of 1.4415 million yuan[157]. - The total pre-tax remuneration for the executive chairman, Sun Guanfeng, was 1.3503 million yuan, with no change in his shareholding of 396,000 shares[157]. - The company reported a total of 7,115 employees, with 1,032 in the parent company and 6,083 in major subsidiaries[186]. - The company has established a dual career development path for employees, allowing for independent progression in management and professional roles[187]. - The company has implemented a comprehensive training system to strengthen talent development across its business lines[188]. Strategic Investments - The company plans to invest 7.549 billion in the Jiangxi intelligent manufacturing industrial park project, which will add 200,000 tons of steel structure capacity upon completion[126]. - The company has invested 1 billion in the construction of a new manufacturing base for Jiangsu Jinggong Steel Structure Co., Ltd., with a total planned investment of 2 billion[122]. - The company plans to issue 2 billion RMB in convertible bonds to support projects including the Liu'an Technician College and the Yangtze Precision Manufacturing Industrial Park, as well as to supplement working capital[180]. - The company is focusing on the development of prefabricated buildings and promoting the use of steel structures in schools and hospitals[131]. Awards and Recognition - The company received 4 National Quality Engineering Awards, 5 Luban Awards, and 25 China Steel Structure Gold Awards during the reporting period, showcasing its industry leadership[37]. - The company has won multiple industry awards, including 2 Luban Awards and 5 National Quality Engineering Gold Awards, showcasing its strong technical capabilities[65].
精工钢构(600496) - 2021 Q3 - 季度财报
2021-10-28 16:00
Financial Performance - The company's operating revenue for Q3 2021 reached RMB 3,959.12 million, representing a 29.93% increase compared to the same period last year[6] - Net profit attributable to shareholders was RMB 229.70 million, a 5.37% increase year-over-year[8] - The net profit after deducting non-recurring gains and losses was RMB 213.83 million, reflecting a 0.47% increase from the previous year[8] - Total operating revenue for the first three quarters of 2021 reached RMB 10,394,955,067.50, a significant increase from RMB 7,760,264,965.19 in the same period of 2020, representing a growth of approximately 33.3%[30] - Total operating revenue increased to ¥9,831,175,876.38 from ¥7,224,312,494.25, representing a growth of approximately 36.4% year-over-year[33] - Net profit rose to ¥557,798,634.41 compared to ¥485,083,736.99 in the previous year, marking an increase of about 14.9%[37] - The company reported a total comprehensive income of ¥659,894,803.96, up from ¥484,005,083.54, indicating a growth of around 36.4%[39] - The total profit amounted to ¥597,994,043.37, up from ¥528,572,204.81, reflecting an increase of about 13.1%[37] Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 17,351.31 million, showing a 9% increase compared to the end of the previous year[8] - As of September 30, 2021, total assets amounted to RMB 17,351,308,852.52, compared to RMB 15,843,935,032.64 at the end of 2020, indicating an increase of about 9.5%[30] - Current assets totaled RMB 13,196,090,025.28 as of September 30, 2021, up from RMB 12,407,014,582.89 at the end of 2020, reflecting a growth of approximately 6.4%[25] - Total liabilities reached RMB 9,981,093,336.47, compared to RMB 8,966,793,578.20 at the end of 2020, indicating an increase of approximately 11.3%[30] - The company's equity attributable to shareholders rose to RMB 7,356,517,051.43 from RMB 6,861,093,009.28, reflecting an increase of about 7.2%[30] Cash Flow - The net cash flow from operating activities was negative at RMB -594.86 million, a significant decrease of 424.57% compared to the same period last year[8] - Cash inflow from operating activities reached ¥10,769,627,559.54, compared to ¥7,961,387,576.12, showing a growth of approximately 35.5%[39] - The net cash flow from investing activities was -$266.07 million, worsening from -$74.42 million year-over-year[43] - Cash inflow from financing activities was $1.49 billion, down from $2.55 billion in the previous period[43] - The total cash and cash equivalents at the end of the period were $401.60 million, a decrease from $1.46 billion at the end of the previous period[43] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 127,745[17] - The largest shareholder, Jinggong Holdings Group (Zhejiang) Investment Co., held 300 million shares, accounting for 14.90% of the total shares[17] Mergers and Investments - The company completed a merger with Zhejiang Jinggong International Steel Structure Engineering Co., which required retrospective adjustments to financial statements[11] - The company is in the process of issuing convertible bonds, with the China Securities Regulatory Commission having accepted the application on September 1, 2021[21] - Long-term investments in equity amounted to RMB 884,499,500.84, up from RMB 857,263,216.43, representing a growth of approximately 3.2%[25] Expenses - Research and development expenses increased significantly to ¥376,684,921.93 from ¥283,988,683.04, reflecting a growth of approximately 32.6%[33] - The company’s management expenses rose to ¥310,835,820.78 from ¥262,907,438.54, indicating an increase of about 18.2%[33] - The tax expenses decreased slightly to ¥40,195,408.96 from ¥43,488,467.82, a reduction of approximately 7.4%[37] Other Financial Metrics - The weighted average return on net assets decreased by 0.5 percentage points to 3.11%[8] - The company reported a basic earnings per share of RMB 0.1141, up 3.07% from the previous year[8] - Basic earnings per share improved to ¥0.2782 from ¥0.2596, an increase of about 7.0%[39] - The company's cash and cash equivalents decreased to RMB 2,074,053,827.41 from RMB 3,135,514,679.82, a decline of about 33.8%[25] - Accounts receivable stood at RMB 2,055,999,236.04, slightly down from RMB 2,057,454,427.39 in 2020, showing a decrease of approximately 0.1%[25] - Inventory increased to RMB 1,490,501,956.10 from RMB 1,087,858,199.86, marking a rise of about 37.0%[25] - The company paid $1.62 billion in debt repayments, slightly increasing from $1.58 billion last year[43] - The company reported a total of $227.59 million in taxes paid, up from $177.59 million in the previous period[43] - Cash inflow from investment activities was $489.27 million, a significant increase from $28.77 million last year[43] - The company experienced a negative impact of -$2.58 million from foreign exchange fluctuations on cash and cash equivalents[43]