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腾达建设(600512) - 2021 Q1 - 季度财报
2021-04-27 16:00
Financial Performance - Net profit attributable to shareholders increased significantly to CNY 402,132,020.65, compared to a loss of CNY 25,439,143.81 in the same period last year[5] - Operating revenue surged by 195.95% to CNY 2,042,508,056.41 from CNY 690,145,946.96 year-on-year[5] - The company's profit margin improved, with net profit attributable to the main business increasing due to higher sales from the Tengda Center real estate project[12] - The company's net profit for Q1 2021 reached CNY 395,368,076.00, compared to a net loss of CNY 29,285,245.47 in Q1 2020, indicating a turnaround in profitability[27] - The total profit for Q1 2021 was CNY 495,654,497.67, compared to a total loss of CNY 20,221,970.87 in Q1 2020[27] Cash Flow - Net cash flow from operating activities reached CNY 434,270,350.99, a substantial increase of 2,031.47% compared to CNY 20,374,248.31 in the previous year[5] - Cash flow from operating activities increased to CNY 2,200,220,043.74 in Q1 2021, compared to CNY 1,584,596,031.95 in Q1 2020, representing a growth of 38.8%[31] - Total cash inflow from operating activities was CNY 1,791,945,997.02, reflecting a 31.3% increase from CNY 1,364,938,179.40 in the previous year[34] - The cash flow from investment activities improved by 42.68%, with a net cash outflow of RMB 265,975,293.52 compared to RMB 464,038,010.88 in the previous year[12] - The net cash flow from investing activities improved to CNY 2,548,455.52 in Q1 2021, compared to a negative CNY 194,778,689.08 in Q1 2020[35] Assets and Liabilities - Total assets decreased by 2.92% to CNY 10,606,850,175.66 compared to the end of the previous year[5] - Current liabilities totaled ¥4,418,517,192.39 as of March 31, 2021, down from ¥5,157,495,771.53 at the end of 2020, a decrease of approximately 14.3%[18] - Total liabilities reached CNY 5,755,282,200.66, with current liabilities at CNY 5,157,495,771.53 and non-current liabilities at CNY 597,786,429.13[39] - Total assets amounted to approximately $8.15 billion, with non-current assets totaling around $2.14 billion[43] - The total liabilities amounted to approximately $2.71 billion, reflecting the company's financial obligations[43] Shareholder Information - The number of shareholders reached 80,272, with the top ten shareholders holding a combined 20.72% of shares[9] - The company's equity attributable to shareholders increased to ¥5,703,225,724.65 from ¥5,295,654,567.20, representing a growth of about 7.7%[19] - Owner's equity stood at approximately $5.45 billion, reflecting a stable financial position[44] Expenses - Research and development expenses decreased by 52.70% to RMB 15,674,392.52, down from RMB 33,134,955.47 in the previous year[12] - The company reported a significant reduction in financial expenses, down 71.63% to RMB 4,176,062.10, due to decreased bank borrowings[12] - The financial expenses for Q1 2021 were CNY 4,176,062.10, down from CNY 14,718,094.28 in Q1 2020, showing a decrease of 71.7%[27] Capital and Investments - The company completed a capital increase of RMB 120 million for its wholly-owned subsidiary, Shanghai Tengda Investment Co., Ltd.[13] - The company has authorized a budget of up to RMB 1.4 billion for land bidding and acquisition over the next 12 months[13] - The company reported investment income of CNY 59,244,334.36 in Q1 2021, an increase from CNY 56,938,489.04 in Q1 2020[27] Other Financial Metrics - The weighted average return on equity improved to 7.32% from -0.55% year-on-year[5] - The company's income tax expenses surged by 1,006.51% to RMB 100,286,421.67, driven by increased profitability from real estate sales[12] - The implementation of the new leasing standard did not have a significant impact on the company's financial position and operating results[40]
腾达建设(600512) - 2020 Q4 - 年度财报
2021-04-15 16:00
Financial Performance - In 2020, the company achieved operating revenue of CNY 5,903,418,678.10, representing a 35.15% increase compared to CNY 4,367,956,951.29 in 2019[20] - The net profit attributable to shareholders of the listed company was CNY 607,248,158.86, up 27.62% from CNY 475,822,979.51 in the previous year[20] - The net profit after deducting non-recurring gains and losses reached CNY 266,127,385.52, a significant increase of 126.70% compared to CNY 117,391,316.14 in 2019[21] - Basic earnings per share increased by 26.67% to CNY 0.38 in 2020 compared to CNY 0.30 in 2019[22] - The weighted average return on equity rose to 12.18%, an increase of 1.54 percentage points from 10.64% in 2019[22] - The net profit attributable to shareholders in Q2 2020 was CNY 258.90 million, a significant recovery from a loss of CNY 25.44 million in Q1 2020[23] - The company reported a total revenue of CNY 2.47 billion in Q4 2020, marking a substantial increase from CNY 1.66 billion in Q3 2020[23] - The company achieved operating revenue of ¥5,903,418,679.10, an increase of 35.15% compared to the previous year, primarily due to increased revenue from municipal engineering projects[43] - The net profit attributable to the parent company was ¥607,248,158.86, representing a 27.62% increase year-on-year, driven by higher profits from core businesses (construction and real estate)[43] - The company reported a significant increase in other income, which rose by 404.11% to ¥15,006,081.24, compared to ¥2,976,725.86 in the previous year, mainly due to increased government subsidies[51] - The company’s net profit attributable to shareholders was ¥947,903,430.43, up from ¥728,519,949.28 in the previous year, representing a growth of 30.1%[195] Assets and Liabilities - The total assets of the company at the end of 2020 were CNY 10,925,433,578.67, reflecting a 6.64% increase from CNY 10,244,697,333.01 at the end of 2019[21] - The company's net assets attributable to shareholders increased to CNY 5,295,654,567.20, a 13.02% rise from CNY 4,685,437,170.21 in 2019[21] - The total assets as of December 31, 2020, amounted to ¥8,147,371,977.46, a decrease from ¥8,696,826,829.72 in 2019[195] - The total liabilities were ¥2,696,097,349.34, down from ¥3,546,025,694.11 in 2019, indicating a reduction of 23.9%[194] - The total current liabilities rose to ¥5,157,495,771.53 in 2020 compared to ¥4,847,623,594.20 in 2019, marking an increase of about 6.4%[190] - The company's debt-to-asset ratio improved to 52.68%, down from 55.15% in the previous year, indicating a reduction in debt[167] Cash Flow - The operating cash flow net amount for 2020 was CNY 454,368,577.06, a decrease of 69.54% compared to CNY 1,491,657,229.72 in 2019[21] - The total cash flow from operating activities was CNY 20.37 million in 2020[24] - The company’s cash flow from operating activities decreased by 69.54% to ¥454,368,577.06, indicating challenges in cash generation[45] - Cash and cash equivalents were reported at ¥1,925,555,475.30 in 2020, down from ¥2,030,017,742.00 in 2019, a decrease of about 5.2%[189] Research and Development - Research and development expenses rose by 23.46% to ¥214,763,150.62, reflecting the company's commitment to innovation and technology advancement[44] - The total R&D expenditure amounted to ¥214,763,150.62, accounting for 3.64% of operating revenue, with no capitalized R&D costs[52] - The number of R&D personnel was 307, representing 9.09% of the total workforce[52] - The company completed 4 provincial-level research projects and 5 enterprise-level research projects during the reporting period, showcasing its focus on technological collaboration[43] Market and Business Strategy - The company is actively expanding its market presence beyond Jiangsu, Zhejiang, and Shanghai, participating in bids across several provinces including Jiangxi and Hubei[39] - The company aims to enhance its core brand in highway, bridge, and rail transit construction, focusing on high-quality development and technological innovation[74] - The company will implement a "going out" strategy to expand its market presence while strengthening project management and quality control[75] - The company is exploring market expansion opportunities, particularly in the real estate sector, with ongoing projects in Taizhou and Ningbo[139] Risk Management - The company has a risk statement indicating that future plans and strategies do not constitute a substantive commitment to investors[6] - The company faces risks from macroeconomic fluctuations, which could adversely affect its overall business performance[78] - The construction industry is heavily influenced by national policies, and changes in fiscal and tax policies may impact the company's operations[78] - The company plans to enhance its risk warning mechanisms and evaluate the creditworthiness of project repayment entities comprehensively[79] Corporate Governance - The company’s board of directors and management have confirmed the accuracy and completeness of the annual report[4] - The company has established a complete environmental management system to ensure compliance with environmental standards[116] - The company held its annual shareholders' meeting on May 11, 2020, with the resolutions published on the Shanghai Stock Exchange on May 12, 2020[152] - The board of directors and supervisory board conducted their duties in accordance with legal and regulatory requirements, ensuring corporate governance[151] Shareholder Information - The company maintains a cash dividend policy to distribute at least 30% of the average distributable profit over three years, provided the net profit is positive and cash flow is sufficient[83] - The total remuneration for all directors, supervisors, and senior management was 13.941 million yuan[141] - The total number of ordinary shareholders increased from 80,272 to 83,442 during the reporting period[123] - The largest shareholder, Ye Linfu, holds 132,047,177 shares, representing 8.26% of the total shares[125]
腾达建设(600512) - 2020 Q3 - 季度财报
2020-10-27 16:00
Financial Performance - Operating revenue for the first nine months reached CNY 3,429,776,409.50, a 40.14% increase year-on-year[7] - Net profit attributable to shareholders decreased by 8.15% to CNY 483,860,452.63 compared to the same period last year[7] - Basic earnings per share decreased by 9.09% to CNY 0.30[8] - The weighted average return on equity decreased by 1.77 percentage points to 9.83%[8] - The company's operating revenue for Q3 2020 was RMB 3,429,776,409.50, representing a 40.14% increase compared to RMB 2,447,350,482.34 in the same period last year[14] - The net profit for the period increased by 65.42%, reaching RMB 1,102,231,660.77, up from RMB 666,338,293.10 in the previous year[14] - Total operating revenue for Q3 2020 reached ¥1,659,345,260.02, a significant increase of 69.8% compared to ¥977,875,610.61 in Q3 2019[27] - Net profit for Q3 2020 was ¥246,940,914.35, compared to ¥80,249,080.26 in Q3 2019, representing a growth of 208.5%[28] - Total profit for the first three quarters of 2020 was ¥130,497,471.09, up from ¥52,325,657.42 in the same period of 2019, reflecting a 149.0% increase[32] Cash Flow - Cash flow from operating activities decreased by 35.46% to CNY 459,431,021.41 year-to-date[7] - The company's cash flow from operating activities decreased by 35.46% to RMB 459,431,021.41, down from RMB 711,813,280.60 in the previous year[15] - Cash flow from operating activities for the first three quarters of 2020 was ¥5,344,411,404.34, an increase from ¥3,951,991,714.14 in the first three quarters of 2019[34] - Total cash inflow from operating activities reached ¥4,472,224,428.37, compared to ¥3,340,298,580.21 in the previous year, indicating a year-over-year increase of about 34%[37] - Cash outflow from operating activities totaled ¥3,778,741,544.62, up from ¥2,664,610,192.28, representing a rise of approximately 42%[37] Assets and Liabilities - Total assets increased by 2.90% to CNY 10,541,469,336.01 compared to the end of the previous year[7] - The total assets as of September 30, 2020, amounted to RMB 7,656,668,169.87, compared to RMB 7,218,736,480.01 at the end of 2019, indicating a growth of 6.06%[18] - Total liabilities decreased to CNY 5,477,814,928.86 from CNY 5,650,089,394.20, a decline of about 3.1%[20] - Current liabilities rose to CNY 4,909,119,625.26 compared to CNY 4,847,623,594.20, reflecting an increase of approximately 1.3%[20] - The company reported a decrease in accounts receivable to CNY 347,926,312.36 from CNY 1,049,342,367.70, a reduction of approximately 66.8%[23] - Total liabilities were ¥5,650,089,394.20, including non-current liabilities of ¥802,465,800.00[41] Shareholder Information - The total number of shareholders reached 87,120 by the end of the reporting period[11] - The largest shareholder, Ye Linfu, holds 132,047,177 shares, accounting for 8.26% of total shares[11] - Total equity attributable to shareholders increased to CNY 5,275,176,177.69 from CNY 5,150,801,135.61, reflecting a growth of about 2.4%[24] Research and Development - The company's research and development expenses increased by 76.09% to RMB 144,891,234.73, compared to RMB 82,282,949.41 in the same period last year[14] - Research and development expenses for Q3 2020 totaled ¥50,101,555.53, slightly down from ¥52,556,686.67 in Q3 2019[27] Investment Income - The company reported a decrease in investment income by 49.73%, with RMB 321,166,971.44 compared to RMB 638,856,828.75 in the previous year[14] - Investment income for Q3 2020 was ¥211,266,274.89, compared to ¥463,356,737.79 in Q3 2019, indicating a decrease of 54.4%[28] Financial Adjustments - The company adjusted its financial statements due to the new revenue recognition standards, impacting accounts receivable and contract liabilities[42] - The company adopted the new revenue recognition standard effective January 1, 2020, impacting the classification of receivables and contract liabilities[46]
腾达建设(600512) - 2020 Q2 - 季度财报
2020-08-23 16:00
Financial Performance - The company's operating revenue for the first half of 2020 was approximately CNY 1.77 billion, representing a year-on-year increase of 20.48% compared to CNY 1.47 billion in the same period last year[20]. - The net profit attributable to shareholders of the listed company decreased by 46.74% to approximately CNY 233.46 million, down from CNY 438.36 million in the previous year[20]. - The net cash flow from operating activities was approximately CNY 287.44 million, a decrease of 38.21% compared to CNY 465.21 million in the same period last year[21]. - Basic earnings per share for the first half of 2020 were CNY 0.15, a decrease of 44.44% from CNY 0.27 in the same period last year[22]. - The weighted average return on net assets decreased by 4.80 percentage points to 4.88% from 9.68% in the previous year[22]. - The company reported a 41.45% increase in net profit after deducting non-recurring gains and losses, reaching approximately CNY 157.77 million compared to CNY 111.53 million in the previous year[20]. - Operating profit decreased by 61.41% to ¥271,604,481.90, mainly due to lower profits from the securities investment trust plan compared to the previous year[38]. - The company reported a net profit of ¥21,506,520.33 for the first half of 2020, compared to a net profit of ¥-60,091,994.21 in the same period of 2019[118]. - The total comprehensive income for the first half of 2020 was CNY 224,238,493.07, compared to CNY 641,712,024.80 in the same period of 2019, a decrease of about 65.0%[120]. Assets and Liabilities - The total assets of the company at the end of the reporting period were approximately CNY 9.90 billion, a decrease of 3.36% from CNY 10.24 billion at the end of the previous year[21]. - The net assets attributable to shareholders of the listed company increased by 4.42% to approximately CNY 4.89 billion, compared to CNY 4.69 billion at the end of the previous year[21]. - The company's total liabilities decreased to ¥3,203,159,083.62 from ¥3,546,025,694.11, indicating a reduction of 9.7%[116]. - The company's total assets as of June 30, 2020, were ¥8,384,784,625.94, down from ¥8,696,826,829.72 at the end of 2019[116]. - The company's total liabilities are reported at 1,933,639.74 million, which requires careful management to maintain financial stability[27]. - The company's total owner's equity at the end of the reporting period was approximately ¥4.89 billion, which includes a special reserve of approximately ¥29.96 million[133]. Cash Flow - The net cash flow from operating activities decreased by 38.21% to ¥287,444,916.02, primarily due to increased net payments for construction guarantees[42]. - Cash and cash equivalents decreased to approximately ¥1.25 billion from ¥2.03 billion year-on-year[110]. - The ending balance of cash and cash equivalents was RMB 1,222,709,111.73, down from RMB 1,614,087,531.65 at the end of the first half of 2019[126]. - Cash outflow for debt repayment was RMB 1,025,000,000.00, an increase of 5.2% compared to RMB 974,533,901.39 in the same period of 2019[129]. Investment and R&D - Research and development expenses increased by 218.88% to ¥94,789,679.20, reflecting a focus on construction methods and technology development[42]. - The company obtained 25 utility model patents during the reporting period and established 19 research projects to promote technological breakthroughs[37]. - The company has invested 300,000 million in highway service facilities and advertising operations, showing commitment to infrastructure development[18]. Business Operations - The company's main business is construction engineering, accounting for 95.61% of total revenue[27]. - The company operates under two business models: single construction model and financing contract model, with the latter generally yielding higher profits[28]. - The construction industry is heavily influenced by fixed asset investment, particularly in infrastructure and real estate development[29]. - The company has not added new land reserves since 2014, focusing on digesting existing inventory in real estate development[27]. Risk Management - The company faces risks related to macroeconomic volatility, industry policy changes, and market segmentation, which could adversely affect future performance[61]. - Management and financial risks are heightened due to the expansion of asset and operational scale, necessitating improved management capabilities and risk control measures[62]. - The company is exposed to credit risks associated with accounts receivable, necessitating regular credit assessments of clients to mitigate potential bad debt risks[62]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 97,884[90]. - The largest shareholder, Ye Linfu, held 132,047,177 shares, representing 8.26% of the total shares[92]. - The company has not proposed any profit distribution or capital reserve increase for the half-year period[64]. Compliance and Governance - The company has established a comprehensive environmental management system in compliance with ISO 14001:2015 standards, ensuring effective operation and monitoring of environmental measures[85]. - The company adheres to the accounting standards for enterprises, ensuring that financial statements reflect its financial position and operating results accurately[147]. - The company confirms that it has no significant issues affecting its ongoing operations as of the reporting date[145].
腾达建设关于参加浙江辖区上市公司投资者网上集体接待日活动的公告
2020-05-11 09:25
股票代码:600512 股票简称:腾达建设 公告编号:临2020-026 腾达建设集团股份有限公司 关于参加浙江辖区上市公司投资者网上集体接待日活动 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。 为进一步加强与投资者的互动交流工作,公司将参加由中国证券 监督管理委员会浙江监管局指导,浙江上市公司协会联合深圳市全景 网络有限公司(以下简称"全景网")共同举办的"凝心聚力 共克时 艰"辖区上市公司投资者网上集体接待日主题活动。现将有关事项公 告如下: 本次投资者网上集体接待日活动将通过全景网提供的网上平台, 采用网络远程方式举行。投资者可以登录"全景·路演天下"网站 (http://rs.p5w.net)参与公司本次投资者网上接待日活动。网上 互动交流时间为 2020 年 5 月 15 日(星期五)下午 15:00-17:00。 届时公司副总经理兼董事会秘书王士金先生及总会计师陈德锋 先生将通过网络在线交流的形式,与投资者就公司治理、经营状况等 投资者所关注的问题进行沟通。 欢迎广大投资者积极参与。 腾达建设集团股 ...
腾达建设(600512) - 2020 Q1 - 季度财报
2020-04-27 16:00
2020 年第一季度报告 公司代码:600512 公司简称:腾达建设 腾达建设集团股份有限公司 2020 年第一季度报告 1 / 25 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 8 | 2020 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 3 / 25 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 9,635,562,925.67 10,244,697,333.01 -5.95 归属于上市公司股东的 净资产 4,658,164,263.90 4,685,437,170.21 -5.82 年初至报告期末 上年初至上年报告期末 比上年同期增减(%) 经营活动产生的现金流 量净额 20,374,248.31 155,665,744.23 -86.91 年初至报告期末 上年初至上年报告期末 比上年同期增减(%) 营业收入 690,145,946.96 768,493,400.33 -10.19 归属于上市 ...
腾达建设(600512) - 2019 Q4 - 年度财报
2020-04-19 16:00
Financial Performance - The company achieved a net profit of ¥96,911,728.59 for the year 2019, with a statutory surplus reserve of ¥9,691,172.86 allocated[5]. - The total distributable profit for shareholders at the end of 2019 was ¥728,519,949.28, after accounting for a cash dividend distribution of ¥31,978,056.64 for the previous year[5]. - A cash dividend of ¥0.30 per 10 shares (including tax) was declared, amounting to a total of ¥47,967,084.96 distributed to shareholders[5]. - The company reported a retained earnings balance of ¥680,552,864.32 to be carried forward to the next fiscal year[5]. - The company's operating revenue for 2019 was approximately ¥4.37 billion, representing a year-over-year increase of 24.33% compared to ¥3.51 billion in 2018[21]. - The net profit attributable to shareholders for 2019 surged to approximately ¥475.82 million, a significant increase of 1,757.96% from ¥25.61 million in 2018[21]. - Basic earnings per share for 2019 reached ¥0.30, a substantial increase of 1,400% compared to ¥0.02 in 2018[22]. - The weighted average return on equity improved to 10.64% in 2019, up by 10.12 percentage points from 0.52% in 2018[22]. - The net cash flow from operating activities for 2019 was approximately ¥1.49 billion, a remarkable increase of 862.67% from ¥154.95 million in 2018[21]. - Operating profit rose to ¥751,372,001.20, a significant increase of 686.31%, mainly attributed to the turnaround of the Shaanxi Guotou Zhenghao No. 71 project[43]. - Net profit attributable to shareholders reached ¥475,822,979.51, up 1757.96% year-on-year, driven by the profitability of the Shaanxi Guotou Zhenghao No. 71 project[43]. Business Operations - The company’s total share capital as of December 31, 2019, was 1,598,902,832 shares[5]. - The company’s main business is construction engineering, accounting for 95.99% of total revenue, with a small portion from real estate development[32]. - The company operates under two main business models: single construction model and financing contract model, with the latter being more profitable[34]. - The construction industry is heavily influenced by fixed asset investment, particularly in infrastructure and real estate, affecting new contract volumes and business performance[34]. - The company has obtained a special grade qualification for municipal public engineering construction, enhancing its competitiveness in the municipal engineering sector[37]. - The company has a strong client base in municipal and highway construction, with funding primarily from government sources, ensuring better receivables recovery[37]. - The company has received multiple awards for its engineering projects, showcasing its quality and technical advantages in construction[36]. - The construction business is primarily concentrated in the East China region, with no current overseas operations[32]. - The company signed new projects in emerging markets, including the construction of the Jingde Expressway in Xiong'an New Area and the Xiang'an West Road project in Xiamen[40]. - The company completed 12 projects during the reporting period, with a total value of 19.35 billion RMB[61]. - A total of 13 new projects were signed during the reporting period, amounting to 60.36 billion RMB[63]. Research and Development - The company established 13 enterprise-level research projects and 2 provincial-level research projects in collaboration with universities and research institutes[41]. - Research and development expenses increased by 22.03% to ¥173,952,648.07, reflecting the company's commitment to enhancing its technological capabilities[45]. - The number of research and development personnel was 147, accounting for 4.38% of the total workforce[53]. - The company emphasizes project management and cost control, which are crucial for achieving good economic benefits and reducing material waste[38]. Financial Management - The company has not experienced any non-operational fund occupation by controlling shareholders or related parties[7]. - There are no violations of decision-making procedures regarding external guarantees[7]. - The audit report for the year was issued by Tianjian Accounting Firm with a standard unqualified opinion[4]. - The company is committed to ensuring the accuracy and completeness of its financial reporting as stated by its management[4]. - The company’s financial expenses decreased by 31.03% to approximately ¥111.71 million due to reduced bank borrowings and corresponding interest payments[52]. - The company reported a significant increase in the EBITDA to total debt ratio, rising from 0.09 in 2018 to 0.72 in 2019, indicating improved earnings relative to debt levels[172]. - The company achieved a cash interest coverage ratio of 9.35 in 2019, up from 0.75 in 2018, indicating strong cash flow generation[172]. Risk Management - The company has outlined potential risks in its future development in the report, which investors should be aware of[7]. - The company faces macroeconomic volatility risks, as its main business is closely tied to the cyclical nature of the economy and government infrastructure spending[83]. - The company is exposed to credit risks related to accounts receivable and conducts regular credit assessments of clients to mitigate potential bad debt risks[85]. Shareholder Information - The total number of ordinary shares increased to 1,598,902,832, with a change of +61,503,417 shares due to the lifting of restrictions on previously issued shares[124]. - The largest shareholder, Ye Linfu, holds 132,047,177 shares, representing 8.26% of the total shares[134]. - The report indicates that there are no changes in the controlling shareholder during the reporting period[136]. - The company does not have a controlling shareholder, with Ye Linfu being the largest individual shareholder[138]. Governance and Compliance - The company has a robust internal control system, with no significant deficiencies reported during the reporting period[161]. - The board of directors includes 7 members, with 3 independent directors, ensuring diverse oversight[155]. - The company maintained a high level of transparency in information disclosure, ensuring all shareholders had equal access to information[156]. - The company has implemented a salary and incentive system based on annual goals and performance metrics[146]. Market Expansion and Future Plans - The company aims to enhance its core brand in highway, bridge, and rail transit construction, positioning itself as a large municipal engineering construction enterprise group[80]. - In 2020, the company plans to focus on market expansion, particularly in key regions, and implement an "going out" strategy to explore international cooperation in the construction industry[81]. - The company is actively pursuing mergers and acquisitions to enhance its market position and diversify its portfolio[20].
腾达建设(600512) - 2019 Q3 - 季度财报
2019-10-29 16:00
Financial Performance - Operating revenue for the period was CNY 2,447,350,482.34, representing a year-on-year increase of 2.17%[7] - Net profit attributable to shareholders of the listed company reached CNY 526,781,404.20, a significant increase of 4,165.17% compared to the same period last year[7] - Basic earnings per share were CNY 0.33, reflecting a 3,200.00% increase compared to the previous year[8] - The weighted average return on equity was 11.60%, an increase of 0.24 percentage points from the previous year[8] - The company reported a significant increase in undistributed profits by 192.12% to ¥667,835,631.26 from ¥228,618,070.93, mainly due to increased earnings from investment plans[15] - The company reported an investment income of ¥638,856,828.75, a significant increase of 1,372.75% year-on-year, mainly from trading profits in equity products[16] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,811,181,571.71, a decrease of 12.70% compared to the end of the previous year[7] - The company's total assets as of September 30, 2019, amounted to CNY 8,381,592,927.39, down from CNY 8,913,959,409.95 at the end of 2018[29] - Total liabilities decreased to CNY 3,290,379,666.09 from CNY 3,831,447,082.31 year-over-year[29] - The company’s total liabilities decreased to ¥4,895,140,835.31 from ¥6,826,839,746.31, showing a reduction in financial leverage[23] - The company’s long-term investments increased slightly to ¥1,190,338,236.03 from ¥1,169,527,426.57, indicating stable investment strategy[22] Cash Flow - Cash flow from operating activities generated a net amount of CNY 711,813,280.60, a significant recovery from a negative cash flow of CNY -183,509,468.78 in the previous year[7] - Total operating cash flow increased by 487.89% to ¥711,813,280.60 compared to the same period last year, driven by increased recovery of construction project payments[16] - The net cash flow from operating activities for Q3 2019 was ¥711,813,280.60, a significant improvement compared to a negative cash flow of ¥183,509,468.78 in Q3 2018, representing a turnaround of approximately 488%[41] - The cash inflow from operating activities for the first nine months of 2019 was ¥3,340,298,580.21, compared to ¥2,238,059,879.81 in the same period of 2018, marking an increase of approximately 49.3%[43] Shareholder Information - Net assets attributable to shareholders of the listed company increased by 10.30% to CNY 4,733,403,836.67 compared to the end of the previous year[7] - The total number of shareholders reached 84,256[12] - The top ten shareholders hold a combined total of 392,000,000 shares, representing approximately 24.56% of total shares[12] Expenses - Operating costs rose by 7.22% to ¥2,204,448,878.49 from ¥2,055,992,666.96, reflecting increased construction costs[15] - Sales expenses surged by 87.71% to ¥13,107,322.06 from ¥6,982,656.64, driven by higher marketing costs in real estate[15] - Financial expenses increased by 45.66% to ¥192,085,621.80 from ¥131,868,483.47, attributed to higher interest expenses on bank loans[15] Investment Activities - Investment cash flow increased by 448.11% to ¥1,257,729,096.91, primarily due to increased holdings in the "Shan Guo Tou Zheng Hao No. 71 Securities Investment Trust Plan" and recovery of investments[16] - The fair value change income was ¥261,210,644.25, a 305.18% increase, attributed to unrealized gains in the "Shan Guo Tou Zheng Hao No. 71 Securities Investment Trust Plan" holdings[16] Research and Development - Research and development expenses for Q3 2019 were CNY 52,556,686.67, slightly down from CNY 56,038,533.20 in Q3 2018[33]
腾达建设关于参加浙江辖区上市公司投资者网上集体接待日活动的公告
2019-10-29 11:31
股票代码:600512 股票简称:腾达建设 公告编号:临2019-052 腾达建设集团股份有限公司 关于参加浙江辖区上市公司投资者网上集体接待日活动 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。 为进一步加强与投资者的互动交流工作,公司将参加由中国证券 监督管理委员会浙江监管局指导,台州市人民政府金融工作办公室、 浙江上市公司协会与深圳市全景网络有限公司(以下简称"全景网") 共同举办的"沟通促发展 理性共成长"辖区上市公司投资者网上集 体接待日主题活动。现将有关事项公告如下: 本次投资者网上集体接待日活动将通过全景网提供的网上平台, 采用网络远程方式举行。投资者可以登录"全景·路演天下"网站 (http://rs.p5w.net)参与公司本次投资者网上接待日活动。网上 互动交流时间为 2019 年 11 月 5 日(星期二)下午 15:30-17:00。 届时公司副总经理兼董事会秘书王士金先生及总会计师陈德锋 先生将通过网络在线交流的形式,与投资者就公司治理、经营状况等 投资者所关注的问题进行沟通。 欢迎广大 ...
腾达建设(600512) - 2019 Q2 - 季度财报
2019-08-23 16:00
Financial Performance - The company's operating revenue for the first half of 2019 was CNY 1,469,474,871.73, representing a 6.34% increase compared to CNY 1,381,891,889.29 in the same period last year[18]. - The net profit attributable to shareholders of the listed company reached CNY 438,356,517.98, a significant increase of 66,628.84% from CNY 656,922.09 in the previous year[18]. - The net cash flow from operating activities was CNY 465,213,947.05, a turnaround from a negative cash flow of CNY -371,697,465.88 in the same period last year, marking a 225.16% improvement[18]. - Basic earnings per share for the reporting period were CNY 0.27, compared to CNY 0.00 in the same period last year[19]. - The weighted average return on net assets was 9.68%, a significant increase of 9.67 percentage points from 0.01% in the previous year[19]. - The company reported a decrease of 12.50% in the basic earnings per share after deducting non-recurring gains and losses, which stood at CNY 0.07 compared to CNY 0.08 in the previous year[19]. - The company achieved operating revenue of ¥1,469,474,871.73, an increase of 6.34% compared to the same period last year, primarily due to an increase in newly awarded and ongoing construction projects[34]. - Operating profit rose to ¥703,797,161.70, a significant increase of 1,435.83%, mainly driven by a profit of ¥578,736,635.07 from the investment trust plan, compared to a loss of ¥195,712,588.41 in the previous year[34]. - The company reported a significant increase in pre-receipts, which rose by 47.48% to CNY 1,116,557,816.46, reflecting growth in construction and real estate pre-receipts[45]. - The company recorded a profit before tax of CNY 60,340,443.56, a 243.08% increase compared to CNY 17,587,831.85 in the previous year, driven by higher investment income[45]. Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 11,717,970,910.26, up 4.27% from CNY 11,237,889,088.81 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company increased to CNY 4,647,838,647.84, reflecting an 8.31% growth from CNY 4,291,287,143.62 at the end of the previous year[18]. - The total liabilities included short-term borrowings of CNY 730,000,000.00, an increase of 12.31% from CNY 650,000,000.00[42]. - The total liabilities as of the end of the reporting period were RMB 3,734,786,944.12, a slight decrease from RMB 3,831,447,082.31 at the end of 2018[123]. - Total equity decreased to RMB 5,075,576,076.91 from RMB 5,082,512,327.64, reflecting a marginal decline in shareholder equity[123]. - The company's total equity increased significantly, with retained earnings rising by 150.51% to CNY 579,410,745.04 from CNY 231,292,032.98[45]. - The company's cash and cash equivalents decreased by 26.03% to ¥1,654,138,463.92, compared to ¥2,236,296,733.58 in the previous period, reflecting changes in investment activities[40]. - The company's total current assets reached 8.33 billion RMB, an increase from 7.62 billion RMB at the end of the previous year[117]. - The company's long-term equity investments amounted to 1.20 billion RMB, slightly up from 1.17 billion RMB year-on-year[117]. Investment and Development - The company has not added new land reserves since 2014, focusing on digesting existing inventory in real estate development[24]. - The company has significantly improved its net assets and new contract undertaking capacity after two rounds of non-public offerings[27]. - The company has filed for three provincial-level construction methods and obtained two invention patents and three utility model patents during the reporting period, indicating a strong focus on technological innovation[33]. - The company has successfully expanded its market presence, securing new projects in Xiamen while consolidating its main business areas in the Yangtze River Delta[32]. - The company aims to strengthen its main business and promote sustainable development in response to market opportunities[27]. - The company has ongoing construction contracts exceeding RMB 50 million, with a total contract value of RMB 86,418 million for the Shanghai East-West Corridor project[69]. - The company won a bid for the Shanghai Metro Line 13 Phase II project with a contract value of RMB 27,518.138 million, which is delayed due to demolition reasons[69]. - The company secured the "Taizhou Bay Circular Economy Industrial Cluster Road and Bridge Project" with an estimated total investment of RMB 3.21567 billion, with a cooperation period of 15 years[72]. Risk Management - The company faces macroeconomic fluctuation risks, as its main business in municipal public works and highway engineering is closely tied to market demand and economic cycles[58]. - The construction industry is highly influenced by national industrial policies, which can directly impact the company's development and operations[58]. - The company is exposed to management and financial risks due to the expansion of its asset and operational scale, necessitating enhanced management capabilities[59]. - Credit risk related to accounts receivable is monitored through regular credit assessments of clients to mitigate potential bad debt risks[59]. - The company has established a risk warning mechanism to evaluate the creditworthiness of project repayment entities comprehensively[59]. Shareholder Information - The company reported a total of 85,576 common stock shareholders as of the end of the reporting period[94]. - The top shareholder, Ye Linfu, holds 132,047,177 shares, representing 8.26% of the total shares, with 61,503,417 shares under lock-up conditions[96]. - Guo Tong Trust Company increased its holdings by 52,748,375 shares, now holding 3.30% of the total shares[96]. - The company has a total of 800,000,000 RMB in bonds with a 6.30% interest rate, maturing on February 19, 2021[105]. - The company paid 50.4 million RMB in interest for the bond period from February 19, 2018, to February 18, 2019[105]. Financial Management - The company's liquidity ratios improved, with the current ratio at 2.02, up 12.33% from the previous year, and the quick ratio at 1.25, up 9.90%[111]. - The debt-to-asset ratio decreased to 57.68%, a reduction of 5.06% compared to the previous year, indicating improved financial stability[111]. - The company maintained a loan repayment rate of 100% during the reporting period, ensuring timely debt servicing[112]. - The credit rating for the company’s bonds remains stable at AA, with the issuer's long-term credit rating at AA-[107]. - The company’s financial management strategies have effectively optimized its debt structure and met medium to long-term funding needs[106]. Accounting Policies - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[155]. - The company adheres to accounting policies that reflect its operational characteristics, including provisions for bad debts and depreciation of fixed assets[156]. - The company utilizes the Chinese Yuan (RMB) as its functional currency for accounting purposes[160]. - The company consolidates all subsidiaries under its control into the consolidated financial statements[163]. - The company has established specific accounting policies for financial instruments, including classification and measurement methods[166].