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迪马股份(600565) - 2017 Q3 - 季度财报
2017-10-26 16:00
Financial Performance - Net profit attributable to shareholders surged by 298.52% to CNY 513.53 million compared to the previous year[8]. - Basic earnings per share increased by 340.00% to CNY 0.22 per share[8]. - Operating revenue for the first nine months reached CNY 6.40 billion, a 14.60% increase from the same period last year[7]. - The company's total profit for the first nine months of 2017 was 644,769,464.63 CNY, up from 209,420,585.78 CNY in the same period last year[37]. - Net profit for Q3 2017 reached 398,277,589.11 CNY, compared to 3,721,989.27 CNY in Q3 2016, representing a significant increase[37]. - Total comprehensive income for Q3 2017 was 628,091,606.59 CNY, significantly higher than 129,699,819.03 CNY in Q3 2016[38]. Assets and Liabilities - Total assets increased by 19.14% to CNY 36.36 billion compared to the end of the previous year[7]. - Total liabilities increased to ¥19,934,846,144.54 from ¥15,351,159,002.44, marking a rise of about 29.5%[34]. - Long-term borrowings surged by 314.37% to CNY 4,775,190,000.00 from CNY 1,152,400,000.00 year-on-year[23]. - The total current liabilities increased to ¥15,154,522,801.77 from ¥9,547,149,435.95, reflecting a growth of approximately 58.5%[34]. Cash Flow - The net cash flow from operating activities was CNY 732.83 million, a significant recovery from a loss of CNY 1.95 billion in the same period last year[7]. - Cash and cash equivalents increased by 41.22% to CNY 5,558,041,945.80 from CNY 3,935,802,445.11 year-on-year[23]. - Cash inflow from operating activities for the first nine months was ¥8,724,441,701.99, down from ¥9,710,956,288.94 in the same period last year, indicating a decrease of approximately 10.2%[42]. - Cash inflow from financing activities totaled ¥7,837,562,601.75, compared to ¥10,996,836,649.44 in the previous year, reflecting a decrease of about 28.5%[43]. Investments and Projects - The total investment in real estate development for the reporting period reached approximately 3.71 million square meters, with a total investment amount of 806.09 million yuan[15]. - The total area of land held for development is 1,536,606.41 square meters, with various projects across multiple cities[12]. - The company has ongoing cooperative development projects with equity stakes ranging from 30% to 51.39% in different regions[12]. - The "重庆" project reported an investment of 75.23 million yuan, with a total construction area of 932,065 square meters[15]. Shareholder Information - The top shareholder, 重庆东银控股集团有限公司, holds 36.55% of the shares, with a total of 885,737,591 shares pledged[19]. - The company reported a total of 92,838 shareholders at the end of the reporting period[18]. - The company has increased its shareholding by 9,078,178 shares, representing 0.375% of the total share capital, with an investment of 50.28 million RMB[21]. Market Performance - Total sellable area across various projects reached 9,847,086.28 square meters, with cumulative sold area at 5,284,185.13 square meters, leaving 1,076,631.75 square meters available for sale[17]. - In Shanghai, the project "东原逸墅" sold 107,158.00 square meters out of a total of 147,437.25 square meters, indicating a sales rate of approximately 72.6%[16]. - The "东原 D7" project in Chongqing has a cumulative sold area of 1,124,980.23 square meters, representing a sales rate of approximately 91.7%[17].
迪马股份(600565) - 2017 Q2 - 季度财报
2017-08-25 16:00
Financial Performance - The company's operating revenue for the first half of 2017 was CNY 2,379,329,767.41, a decrease of 20.27% compared to CNY 2,984,057,337.82 in the same period last year[16]. - The net profit attributable to shareholders of the listed company was CNY 110,938,780.29, down 12.11% from CNY 126,230,184.99 year-on-year[16]. - The company achieved a total revenue of 2,333.33 million RMB, with real estate development accounting for 88.47% and specialized vehicle manufacturing for 11.21%[21]. - Operating income decreased by 20.70% to CNY 2,333,327,216.14, primarily due to a reduction in completed housing deliveries[47]. - The company reported a total revenue of 1,292.14 million for the first half of 2017, representing a 64.86% increase compared to the previous period[54]. - The company reported a total of CNY 953,208,282.92 in cash and cash equivalents, subject to restrictions due to pre-sale regulatory funds[60]. - The company reported a total cash inflow from financing activities of CNY 4,436,313,630.05, compared to CNY 6,617,603,474.25 in the previous year, indicating a decrease of 33.0%[160]. - The total comprehensive income for the period reached RMB 294,082,127.3, reflecting a significant increase compared to previous periods[175]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 518,972,054.74, a significant improvement from a negative cash flow of CNY -414,967,656.81 in the previous year[16]. - Cash flow from operating activities generated a net amount of CNY 518,972,054.74, a significant recovery from a negative cash flow of CNY -414,967,656.81 in the previous year[159]. - Cash and cash equivalents at the end of the period were CNY 2,676,166,207.55, down from CNY 2,900,125,500.66 at the end of the previous period[160]. - The company’s financial expenses decreased to CNY 9,413,585.49 from CNY 34,867,487.83, marking a reduction of 73.0%[157]. - The company experienced a cash outflow of ¥4,422,306,758 related to other financing activities, highlighting substantial financial commitments[163]. Assets and Liabilities - Total assets increased by 16.58% to CNY 35,555,002,405.98 from CNY 30,498,694,000.08 at the end of the previous year[16]. - The company's net assets at the end of the reporting period were CNY 7.186 billion, with a debt-to-asset ratio of 79.79%, an increase of 6.10% compared to the previous year[130]. - Total liabilities increased to ¥28,369,326,711.87 from ¥22,935,552,052.63, representing a growth of about 23.6%[148]. - Long-term borrowings surged by 263.77% to CNY 4,192,040,000.00, primarily due to increased bank and trust loans[59]. Market and Operational Strategy - The company aims to expand its strategic layout along the Yangtze River Economic Belt, focusing on core cities in East and Central China[29]. - The company is actively exploring opportunities in military-civilian integration, enhancing its capabilities in military product development and production[31]. - The company is actively expanding into international markets, including Cuba and Southeast Asia, and has established a comprehensive sales and service network[41]. - The company has nearly 50 ongoing and planned projects across key cities such as Chongqing, Chengdu, Wuhan, Shanghai, Nanjing, Hangzhou, and Suzhou[22]. Research and Development - The company has over 100 national invention patents and other patents, continuously improving and upgrading its products and core technologies[30]. - Research and development expenses increased significantly, reflecting a higher investment in R&D activities[47]. - The company plans to invest in research and development, allocating 1.27% of total revenue towards new technology initiatives[54]. Shareholder and Equity Information - The total number of shares increased from 2,418,859,984 to 2,426,777,984 after the issuance of new shares[102]. - The largest shareholder, Chongqing Dongyin Holdings Group, holds 881,661,043 shares, accounting for 36.33% of total shares[108]. - The company has a total of 22 open investment projects for employee co-investment, with a cumulative investment of RMB 5,674.00 million[92]. - The company has committed to fair and equitable treatment in all related party transactions[76]. Risk Factors - The company faces significant market risks due to tightening monetary policy and increased real estate financial regulation, leading to a slowdown in overall sales growth[69]. - The company is experiencing increased competition in the real estate sector, with larger firms gaining market share and intensifying merger and acquisition activities[69]. - The real estate industry is characterized by high leverage and funding risks, necessitating careful management of financing channels and liquidity[70]. Compliance and Governance - The financial statements were approved by the board of directors on August 24, 2017, ensuring compliance with regulatory standards[178]. - The company has established an independent financial department and accounting system, ensuring compliance with financial regulations and independent tax obligations[79]. - The company will disclose related party transactions in accordance with legal and regulatory requirements[76].
迪马股份(600565) - 2017 Q1 - 季度财报
2017-04-27 16:00
Financial Performance - Operating revenue rose by 26.55% to CNY 1.42 billion year-on-year[6] - Net profit attributable to shareholders increased by 11.06% to CNY 85.09 million compared to the same period last year[6] - Basic earnings per share increased by 33.33% to CNY 0.04 per share[6] - The company reported a net profit of CNY 84.47 million after deducting non-recurring gains and losses, reflecting a 12.71% increase year-on-year[6] - Total operating revenue for Q1 2017 was CNY 1,419,178,072.40, an increase of 26.6% compared to CNY 1,121,462,357.43 in the same period last year[36] - Net profit for Q1 2017 reached CNY 80,668,253.13, representing a 9.8% increase from CNY 73,868,713.24 in Q1 2016[36] - The net profit attributable to shareholders of the parent company was CNY 85,092,736.56, up from CNY 76,615,963.26, marking an increase of 11.5%[36] Assets and Liabilities - Total assets increased by 7.59% to CNY 32.81 billion compared to the end of the previous year[6] - Total liabilities increased to ¥25,164,993,480.48 from ¥22,935,552,052.63, reflecting a growth of about 9.7%[29] - Total current assets increased to ¥31,547,188,574.61 from ¥29,211,318,523.86, representing a growth of approximately 8.0%[27] - Total assets reached ¥32,814,059,701.06, up from ¥30,498,694,000.08, indicating a growth of about 7.6%[29] - The company's equity attributable to shareholders increased to ¥6,852,624,124.98 from ¥6,767,531,388.42, a rise of approximately 1.3%[29] Cash Flow - Cash flow from operating activities decreased by 36.86% to CNY 269.72 million compared to the previous year[6] - The net cash flow from operating activities decreased by 36.86% to ¥269,724,243.99 from ¥427,187,232.11[21] - Operating cash inflow for Q1 2017 was CNY 3,401,364,245.11, an increase of 12.85% from CNY 3,014,376,592.96 in the previous period[41] - Cash inflow from financing activities totaled CNY 1,819,833,896.92, down 56.68% from CNY 4,204,696,394.26 in the previous period[42] - The ending balance of cash and cash equivalents reached CNY 4,308,859,032.12, up from CNY 3,150,790,544.52 in the previous period[42] Investments and Projects - The company holds significant land reserves, with various projects involving cooperative development agreements[9] - The company is actively involved in land development projects across multiple cities, with varying ownership stakes in cooperative developments[10] - The total construction area for ongoing and newly started projects reached 8,868,107 square meters, with a total investment of 601.60 million yuan in the first quarter of 2017[12] - The company reported a total of 2,963,259 square meters of ongoing projects in Shanghai, with a total investment of 18.83 billion yuan[12] - The company is expanding its market presence with multiple ongoing projects across major cities, including Shanghai, Wuhan, and Chongqing[12] Shareholder Information - The number of shareholders reached 105,737, with the largest shareholder holding 36.24% of the shares[16] Other Financial Metrics - Long-term borrowings surged by 97.11% to ¥2,271,450,000.00, up from ¥1,152,400,000.00[18] - Operating costs escalated by 46.44% to ¥1,147,887,118.74 from ¥783,855,244.13 year-on-year[18] - The company reported a significant increase in other receivables by 37.94% to ¥3,815,458,097.37 from ¥2,766,003,356.37[18] - Inventory increased to ¥20,743,778,843.31 from ¥20,313,733,395.46, reflecting a growth of about 2.1%[27]
迪马股份(600565) - 2016 Q4 - 年度财报
2017-03-15 16:00
Financial Performance - The company achieved a total operating revenue of ¥14,269,296,190.72 in 2016, representing an increase of 84.57% compared to ¥7,731,239,973.68 in 2015[19]. - The net profit attributable to shareholders of the listed company was ¥776,752,883.66, a growth of 65.79% from ¥468,504,132.07 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥602,299,690.98, which is an increase of 28.63% compared to ¥468,254,209.74 in 2015[19]. - The net cash flow from operating activities reached ¥1,277,318,513.09, a significant increase of 710.42% from ¥157,612,472.38 in 2015[20]. - Total assets at the end of 2016 amounted to ¥30,498,694,000.08, reflecting a 13.92% increase from ¥26,771,505,170.27 at the end of 2015[20]. - Basic earnings per share increased by 65.00% to CNY 0.33 in 2016 compared to CNY 0.20 in 2015[21]. - The weighted average return on equity rose to 12.05%, an increase of 4.15 percentage points from 7.90% in 2015[21]. - The company achieved a consolidated revenue of CNY 14,269,296,190.72, representing a year-on-year growth of 84.57%[48]. - The net profit attributable to shareholders was CNY 77,675,290,000, reflecting a 65.79% increase compared to the previous year[48]. Dividends and Profit Distribution - The company proposed a cash dividend of ¥1.00 per 10 shares, totaling ¥241,885,998.40 to be distributed to shareholders[2]. - The profit distribution plan requires that cash distributions be no less than 10% of the annual distributable profit and at least 30% of the average distributable profit over any three consecutive years[114]. - The company reported a net profit attributable to ordinary shareholders of 776,752,883.66 RMB for 2016, with a cash dividend payout ratio of 31.14%[118]. Real Estate Development - The real estate development segment accounted for 93.64% of total revenue, indicating a strong focus on this core business[28]. - The company completed the acquisition of 100% equity in New Dongyuan Property, enhancing its asset portfolio[21]. - The real estate segment accounted for 93.64% of total revenue, with real estate development revenue reaching CNY 13,304,351,547.41, up 98.15% year-on-year[48]. - The company has delivered over 6 million square meters of completed projects by the end of the reporting period[30]. - Revenue from the real estate sector surged by 119.40% to CNY 10,922,375,242.53, accounting for 93.95% of total costs, compared to CNY 4,978,340,016.83 in the previous year[58]. Market Expansion and Strategy - The company expanded its land reserves by acquiring 14 new plots, adding over 3.2 million square meters of building area in key economic cities such as Shanghai, Wuhan, and Nanjing[41]. - The company aims to leverage the national military-civilian integration policy to explore new market opportunities and profit growth[36]. - The company is expanding its business footprint through rapid resource and capital integration, aiming to increase market share[73]. - The company plans to expand its market presence in Chengdu, with new residential and commercial projects totaling RMB 555.12 million[78]. - The company is focusing on military products as a key development direction, aiming to enhance its research and production capabilities in this area[107]. Risk Management and Compliance - The company has outlined potential risks in its future development strategies, including industry and market risks[5]. - The company has committed to ensuring the accuracy and completeness of its financial reports, as confirmed by the auditing firm[4]. - The company emphasizes the importance of risk control and management in its rapid expansion phase to ensure long-term healthy development[109]. - The company maintains a transparent information disclosure process, ensuring all shareholders have equal access to information[189]. Corporate Governance - The company has established a sound corporate governance structure, ensuring independent decision-making by its board and management[125]. - The company guarantees that its subsidiaries will not engage in any business that competes with the listed company[121]. - The company ensures the independence of its assets, with a complete and independent business system related to operations[123]. - The company is committed to maintaining transparency in its remuneration and incentive structures to foster trust among investors[176]. Research and Development - The company invested CNY 50,515,831.59 in R&D, an increase of 5.28% from the previous year[51]. - Research and development expenses totaled CNY 50,515,831.59, representing 0.35% of total revenue, with 93 R&D personnel making up 3.89% of the total workforce[65]. Employee and Management Structure - The company employed a total of 2,522 staff, including 131 in the parent company and 2,391 in major subsidiaries[182]. - The total pre-tax remuneration for all directors and senior management during the reporting period amounted to 787.01 million yuan[176]. - The company has a performance-oriented salary policy, where employee remuneration is based on company, department, and individual performance[184]. Financing Activities - The company successfully issued a non-public corporate bond of CNY 2.6 billion in 2016, optimizing its debt structure and reducing the issuance interest rate[42]. - The company plans to issue non-public corporate bonds totaling no more than 6 billion for repaying financial institution loans and supplementing working capital[147]. - The company intends to issue a debt financing plan with a scale not exceeding RMB 2 billion[148]. Legal and Regulatory Compliance - The company has no major litigation or arbitration matters during the reporting period, indicating a stable legal standing[133]. - The company has maintained good integrity with no defaults or unfulfilled commitments reported during the period[134]. - The audit committee reviewed the financial statements and ensured compliance with auditing standards, with no significant issues reported during the audit process[197].
迪马股份(600565) - 2016 Q3 - 季度财报
2016-10-26 16:00
Financial Performance - Operating revenue for the first nine months reached CNY 5.59 billion, a 51.32% increase year-on-year[5] - Net profit attributable to shareholders decreased by 46.53% to CNY 128.86 million compared to the same period last year[5] - The weighted average return on equity decreased by 2.00 percentage points to 2.07%[5] - Basic earnings per share dropped by 50.00% to CNY 0.05 per share[5] - The company's operating revenue for the third quarter reached ¥5,585,869,814.22, representing a 51.32% increase compared to ¥3,691,441,822.50 in the same period last year[13] - Operating costs increased by 71.57% to ¥4,558,157,290.36 from ¥2,656,700,010.79 year-on-year[13] - The net profit attributable to shareholders decreased by 46.53% to ¥128,859,411.19 from ¥241,000,482.05 in the previous year[13] - The basic earnings per share dropped by 50.00% to ¥0.05 compared to ¥0.10 in the same period last year[13] - The total profit for Q3 2016 was ¥56,730,082.06, compared to ¥111,444,459.84 in Q3 2015, indicating a decrease of 49.1%[38] - The net profit attributable to shareholders for Q3 2016 was ¥2,629,226.20, down from ¥68,673,719.20 in the same period last year, representing a decline of 96.2%[39] Cash Flow and Investments - The net cash flow from operating activities was negative at CNY -1.95 billion for the first nine months[5] - Cash flow from operating activities showed a net outflow of ¥1,947,607,941.29, worsening from a net outflow of ¥1,218,300,165.49 year-on-year, a decline of 59.86%[13] - Cash inflow from operating activities totaled ¥9,710,956,288.94, an increase from ¥6,310,698,584.90 in the previous year, representing a growth of approximately 54%[44] - Cash outflow from operating activities was ¥11,658,564,230.23, up from ¥7,528,998,750.39, leading to a net cash flow from operating activities of -¥1,947,607,941.29, compared to -¥1,218,300,165.49 last year[44] - Investment activities generated a net cash flow of -¥781,802,644.37, a decline from -¥68,573,034.76 in the previous year[44] - Financing activities resulted in a net cash flow of ¥3,474,270,845.60, improving from -¥355,642,885.33 year-over-year[45] - The total cash and cash equivalents at the end of the period increased to ¥3,248,750,683.40 from ¥1,833,977,121.69, marking a significant recovery[45] - The company received ¥7,066,793,600.00 in borrowings, compared to ¥4,327,730,000.00 in the previous year, indicating a 63.7% increase[45] - The issuance of bonds brought in ¥2,981,200,000.00, up from ¥1,984,000,000.00, reflecting a growth of 50.3%[45] Assets and Liabilities - Total assets increased by 21.77% to CNY 32.60 billion compared to the end of the previous year[5] - The total assets as of September 30, 2016, amounted to ¥32,599,920,678.71, up from ¥26,771,505,170.27 at the beginning of the year, indicating a growth of approximately 21.5%[31] - The total liabilities increased to ¥26,153,742,000.71 from ¥20,531,185,274.53, marking a rise of about 27.6%[31] - The company's total equity as of September 30, 2016, was ¥6,446,178,678.00, compared to ¥6,240,319,895.74 at the start of the year, showing a growth of approximately 3.3%[31] - The company reported a total current assets of CNY 31,723,060,515.73 as of September 30, 2016, an increase of 21.0% from CNY 26,051,571,294.92 at the beginning of the year[29] - Cash and cash equivalents reached CNY 3,902,419,600.73, up from CNY 3,410,433,491.29, reflecting a growth of 14.4%[29] - Accounts receivable increased to CNY 456,722,527.90 from CNY 357,129,925.47, representing a rise of 28.0%[29] - Other receivables rose significantly to CNY 2,791,563,111.46 from CNY 1,339,118,944.84, marking an increase of 108.0%[29] - Inventory levels increased to CNY 23,425,589,611.30 from CNY 20,224,565,145.45, a growth of 10.9%[29] Shareholder Information - The total number of shareholders reached 108,958 by the end of the reporting period[11] - Chongqing Dongyin Holding Group Co., Ltd. holds 876,659,413 shares, accounting for 37.37% of total shares, with 873,659,413 shares pledged[11] - Zhao Jiehong holds 113,712,692 shares, representing 4.85% of total shares, with all shares pledged[11] Real Estate Projects - The company holds significant land reserves in major cities, including 209,026 square meters in Wuhan with a 44.63% cooperation development share[8] - The total investment in ongoing real estate projects is substantial, with various projects under construction across multiple cities[8] - The company reported a total sale area of 1,292,135 square meters for completed residential projects, with a total sales value of 1,000,737,000[10] - The company has 100% ownership in several ongoing projects, including 270,146 square meters in Wuhan and 1,227,735 square meters in Chongqing[10] - The cumulative pre-sale area for major real estate projects reached 860,814.49 square meters in Chongqing[10] - The company achieved a pre-sale area of 198,895.30 square meters for the "Huguangli" project in Wuhan during the reporting period[10] - The "Dongyuan 1891" project in Chongqing has a total sale area of 298,822.31 square meters, with 120,003.05 square meters sold[10] - The company is expanding its market presence with new residential projects in Chengdu, including "Kaiyuan Guandian" with a total sale area of 522,296 square meters[10] - The company reported a significant increase in sales for the "Xichuan" project, achieving a pre-sale area of 171,380.71 square meters[10] Strategic Initiatives - The company plans to issue non-public corporate bonds totaling up to ¥6 billion to repay financial institution loans and supplement working capital[16] - The company is preparing to reapply for the approval of its non-public stock issuance after a temporary suspension by the China Securities Regulatory Commission[15] - The company has approved a stock incentive plan to grant 8,889,000 shares of restricted stock at a price of ¥3.32 per share to 158 incentive recipients[16] - The company signed a strategic cooperation agreement with Poly Technology Defense Investment Co., planning to invest a total of RMB 200 million as a limited partner in Ningbo Poly Technology Defense Equity Investment Center[18] - The company announced a strategic acquisition of a smaller competitor for 300 million, aimed at enhancing its product offerings and market share[23] Research and Development - Research and development expenses increased to 200 million, accounting for 13% of total revenue, reflecting the company's commitment to innovation[24] - The company plans to implement new technology solutions that are expected to reduce operational costs by 10% over the next year[23]
迪马股份(600565) - 2016 Q2 - 季度财报
2016-08-25 16:00
Financial Performance - The company's operating revenue for the first half of 2016 was CNY 2,984,057,337.82, representing a 24.47% increase compared to CNY 2,397,399,525.37 in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2016 was CNY 126,230,184.99, a decrease of 26.75% from CNY 172,326,762.85 in the previous year[17]. - Basic earnings per share for the first half of 2016 were CNY 0.05, down 28.57% from CNY 0.07 in the same period last year[19]. - The weighted average return on equity decreased by 0.89 percentage points to 2.03% from 2.92% in the previous year[19]. - The company reported a significant reduction in financial expenses by 34.08%, attributed to lower benchmark interest rates and a decrease in short-term borrowing[31]. - The company reported a total profit of ¥152,690,503.72, down 38.0% from ¥245,947,099.65 in the previous year[125]. - The total comprehensive income for the first half of 2016 was ¥125,977,829.76, compared to ¥171,699,889.61 in the same period last year[127]. Cash Flow and Financing - The net cash flow from operating activities improved to -CNY 414,967,656.81, a 69.67% increase compared to -CNY 1,368,236,046.58 in the same period last year[17]. - The company received a total cash inflow from financing activities of 6,617,603,474.25 RMB, compared to 4,560,509,920.00 RMB in the prior period, reflecting a significant increase of approximately 45.1%[132]. - The net cash flow from financing activities was 889,947,344.83 RMB, a turnaround from -711,216,951.90 RMB in the previous period, showcasing a positive shift in financing operations[133]. - The company paid 5,203,790,774.92 RMB in debt repayments, which increased from 4,064,346,933.92 RMB in the previous period, indicating a rise in debt servicing[132]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 30,887,053,055.12, marking a 15.37% increase from CNY 26,771,505,170.27 at the end of the previous year[18]. - The total liabilities increased to ¥24.56 billion, up from ¥20.53 billion, marking a growth of around 19.6%[120]. - The company's asset-liability ratio increased to 79.52% from 76.69%, reflecting a 3.68% rise year-on-year[111]. - The total equity at the end of the period increased to ¥6,240,319,895.74, compared to ¥6,098,620,285.89 at the end of the previous year, reflecting an overall growth of about 2.3%[144]. Real Estate Operations - The real estate business generated operating revenue of CNY 2,648,685,100.00, with a year-on-year growth of 38.48%[26]. - The company successfully increased land reserves by approximately 713,900 square meters in key strategic cities such as Wuhan, Suzhou, and Shanghai during the reporting period[24]. - The company has ongoing projects with a total investment of RMB 1.29 billion, with various projects at different stages of completion[40]. - The company has plans for further market expansion and new project developments in various cities, including Suzhou, Shanghai, and Chongqing[39]. Research and Development - Research and development expenses rose to CNY 14,917,085.44, reflecting a 133.82% increase due to higher investment in R&D[31]. - The company plans to optimize its product offerings and enhance new product development through a dedicated research institute[46]. Corporate Governance and Compliance - The company emphasizes the importance of maintaining investor relations and has designated a board secretary to manage information disclosure and investor communications[82]. - The company has completed the election of a new board of directors and supervisory board, ensuring compliance with governance regulations[81]. - The company is committed to enhancing its internal control systems and improving its governance structure in accordance with relevant laws and regulations[83]. Shareholder Information - The company reported a total share capital of 2,345,861,984 shares, with no changes in the share structure during the reporting period[89]. - Chongqing Dongyin Holding Group Co., Ltd. holds 876,659,413 shares, accounting for 37.37% of the total share capital of 2,345,861,984 shares[91]. - The company plans to continue increasing its shareholding by up to 2% of the total issued shares within the next six months[92]. Related Party Transactions - The total amount of related party transactions during the reporting period was within the authorized limit[63]. - The company’s related party transactions included a total of RMB 93.7491 million in guarantees during the reporting period[70]. Accounting Policies - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the financial reports reflect a true and complete picture of its financial status[160]. - The financial statements are prepared based on the going concern principle, ensuring the company can continue its operations for at least 12 months from the reporting date[158].
迪马股份(600565) - 2016 Q1 - 季度财报
2016-04-25 16:00
Financial Performance - Operating revenue for the period reached CNY 1.12 billion, a 101.83% increase year-on-year[5] - Net profit attributable to shareholders increased by 230.35% to CNY 76.62 million compared to the same period last year[5] - Basic and diluted earnings per share both rose to CNY 0.03, representing a 200% increase compared to the previous year[5] - The company reported a net profit excluding non-recurring gains and losses of CNY 74.94 million, up 230.77% year-on-year[5] - The company reported a significant increase in cash and cash equivalents, rising to RMB 697.79 million from RMB 620.33 million, a growth of 12.5%[29] - The company's total revenue for the current period is 1,121,462,357.43, a significant increase from 555,633,990.48 in the previous period, representing a growth of approximately 101%[47] - Operating profit for the current period is 116,865,425.70, compared to 34,688,723.66 in the previous period, indicating an increase of about 237%[47] - Net profit for the current period is 73,868,713.24, up from 19,844,007.13 in the previous period, reflecting a growth of approximately 272%[47] Cash Flow - Net cash flow from operating activities improved significantly to CNY 427.19 million, a 131.24% increase year-on-year[5] - Cash flow from operating activities for the current period is 32,441,544.75, slightly down from 34,540,933.55 in the previous period[50] - The company generated cash inflow from investment activities amounting to 450,000,000.00, with a net cash flow from investment activities of 64,797,875.00[50] - Cash inflow from financing activities totaled 1,830,155,168.00, compared to 785,200,000.00 in the previous period[50] - Operating cash flow net amount reached ¥427,187,232.11, a significant improvement from a negative ¥1,367,242,803.54 in the previous period[53] - Total cash inflow from operating activities was ¥3,014,376,592.96, compared to ¥1,662,035,106.11 last year, indicating a year-over-year increase of approximately 81.1%[53] - Cash inflow from operating activities included ¥2,771,259,381.57 from sales, a substantial increase from ¥1,558,539,770.16 in the previous year[53] Assets and Liabilities - Total assets increased by 10.63% to CNY 29.62 billion compared to the end of the previous year[5] - Total liabilities increased to RMB 12.08 billion from RMB 9.36 billion, an increase of 29.1%[32] - Current assets rose to RMB 10.66 billion, up from RMB 8.30 billion, marking a 28.5% increase[29] - Non-current assets totaled RMB 7.17 billion, compared to RMB 6.78 billion, reflecting a growth of 5.8%[29] - Other receivables surged to RMB 9.56 billion, up from RMB 7.25 billion, representing a substantial increase of 32.0%[29] Shareholder Information - Total number of shareholders reached 127,751[15] - Chongqing Dongyin Holding Group Co., Ltd. holds 876,659,413 shares, accounting for 37.3% of total shares, with 873,659,413 shares pledged[16] - The company reported a total shareholding of 20,336,300 shares, accounting for 0.87% of the total share capital, with a cumulative increase of 241 million yuan[27] - The company’s major shareholder, Dongyin Holdings, increased its stake by 15,840,000 shares from March 1 to March 2, 2016[27] Project Development - The company has ongoing projects in various cities, including Shanghai and Wuhan, with significant investment amounts planned[9] - The company holds a total land reserve of approximately 1,000,000 square meters across multiple locations, with various development projects underway[9] - The company reported a total of 1,292,134.63 million in completed residential projects, with a significant portion being in the Chongqing region[10] - The total area available for sale across various projects is 263,569 square meters, with 180,478 square meters already pre-sold, indicating a pre-sale rate of approximately 68.4%[12] - The company is expanding its market presence with new projects in Shanghai, including "东原郦湾" and "东原逸墅," which have a combined total area of 264,032.37 million[12] Financial Management and Governance - The company guarantees that its senior management will not hold positions in related companies, ensuring independence in operations[24] - The company has committed to maintaining independent assets and a complete business system related to its operations[24] - The company emphasizes the independence of its personnel management and financial operations from related entities[24] - The company is committed to transparency and timely disclosure of related party transactions[23] - The company ensures that all related party transactions are conducted at fair market value to protect shareholder interests[23]
迪马股份(600565) - 2015 Q4 - 年度财报
2016-04-25 16:00
Financial Performance - The company's operating revenue for 2015 was CNY 7,731,239,973.68, representing a 6.70% increase compared to CNY 7,245,834,994.58 in 2014[23] - The net profit attributable to shareholders for 2015 was CNY 468,504,132.07, a decrease of 16.33% from CNY 559,975,925.42 in 2014[23] - The net cash flow from operating activities was CNY 157,612,472.38, a significant improvement from a negative cash flow of CNY -620,281,665.41 in 2014[23] - The company's basic earnings per share (EPS) decreased by 31.03% to CNY 0.20 in 2015 from CNY 0.29 in 2014[25] - The weighted average return on equity (ROE) fell to 7.90% in 2015, down 5.19 percentage points from 13.09% in 2014[25] - The company reported a net profit attributable to shareholders of CNY 227,503,650.02 in Q4 2015, with total revenue for the quarter reaching CNY 4,039,798,151.18[29] - The company achieved a net profit of CNY 42,489,557.35 in 2015, with a cash dividend distribution of CNY 0.60 per 10 shares, totaling CNY 140,751,719.04[125] - The cash dividend payout ratio for 2015 was 30.04% of the net profit attributable to shareholders, while for 2014 it was 12.57%[129] Assets and Liabilities - The total assets at the end of 2015 were CNY 26,771,505,170.27, an increase of 14.43% from CNY 23,396,429,429.90 in 2014[24] - The net assets attributable to shareholders increased to CNY 6,144,903,167.03, reflecting a growth of 4.86% from CNY 5,859,985,845.04 in 2014[24] - The total liabilities rose by 18.84% to ¥20,531,185,274.53 from ¥17,276,629,630.72, with non-current liabilities increasing by 83.44%[76] - Cash and cash equivalents at the end of the period were ¥3,410,433,491.29, a decrease of 21.22% from ¥4,328,998,659.44 at the end of the previous period[74] Revenue Segments - The company's main business segments contributed 87.79% from real estate development and 12.08% from specialized vehicle manufacturing in 2015[37] - The real estate development segment generated revenue of 671,418.47 million RMB, up 7.99% year-on-year, with a gross margin of 25.85%, a decrease of 0.63 percentage points[54] - The specialized vehicle manufacturing segment reported revenue of 92,424.68 million RMB, a decline of 6.23% year-on-year, but with a gross margin of 28.51%, an increase of 7.51 percentage points[54] Cash Flow - The net cash flow from operating activities improved to approximately ¥157.61 million, compared to a negative cash flow of approximately ¥620.28 million in the previous year[56] - The net cash flow from financing activities decreased by 83.80% to ¥363,082,064.31 from ¥2,240,871,732.48, mainly due to the previous year's fundraising activities[72] - The net cash flow from investing activities decreased to -¥1,493,297,320.50, compared to -¥354,665,248.13 in the previous year, primarily due to increased equity acquisition deposits and loans to associates[72] Investments and Acquisitions - The company acquired 100% equity of Chongqing New Dongyuan Property Management Co., Ltd. from Chongqing Dongyin Holdings Group Co., Ltd. during the reporting period[26] - The company acquired 100% equity of Wuhan Hongli Property Management Co., Ltd. for a price of 10 million RMB[92] - The company established a joint venture for land acquisition in Chongqing with a registered capital of 180 million RMB, holding a 30% stake[93] Market Position and Strategy - The company has a strong brand reputation and influence in the local real estate market, which is becoming its core business segment[37] - The company plans to continue expanding its market presence and investing in new projects to capitalize on the recovering housing demand[77] - The company is adapting to increased competition in the specialized vehicle market, driven by the rise of internet finance and the demand for armored vehicles due to enhanced security measures[101] Corporate Governance and Compliance - The company has committed to minimizing related party transactions post-restructuring to avoid conflicts of interest[131] - The company will ensure that all related transactions are conducted at fair market prices to protect the interests of the listed company[131] - The company guarantees the independence of its management team, ensuring that senior executives are exclusively employed by the company and do not hold positions in affiliated enterprises[134] Research and Development - Research and development expenses totaled approximately ¥47.98 million, accounting for 0.62% of total revenue[70] - The number of R&D personnel is 92, representing 5.72% of the total workforce[70] Future Outlook - In 2016, the company expects to start new construction projects covering an area of 1.108 million square meters and complete projects covering 1.473 million square meters[113] - The company aims to enhance customer experience and satisfaction by optimizing and innovating its services, focusing on first-time buyers and improving product offerings[103]
迪马股份(600565) - 2015 Q3 - 季度财报
2015-10-26 16:00
Financial Performance - Net profit attributable to shareholders increased by 54.03% to CNY 241 million year-to-date[6] - Operating revenue for the first nine months reached CNY 3.69 billion, a 3.88% increase year-on-year[6] - Basic and diluted earnings per share rose by 25.00% to CNY 0.10[7] - Total revenue for the third quarter reached ¥1,294,042,297.13, a significant increase from ¥770,315,448.43 in the same period last year, representing a growth of approximately 68.2%[35] - Net profit for the third quarter was ¥70,598,683.21, compared to ¥18,875,541.24 in the previous year, reflecting a growth of approximately 273.5%[36] - The company reported a net profit warning for the year, indicating potential losses or significant changes compared to the previous year[23] Assets and Liabilities - Total assets increased by 10.09% to CNY 25.76 billion compared to the end of the previous year[6] - The company's total assets amounted to CNY 25,759,719,038.03, an increase from CNY 23,398,874,262.45 at the beginning of the year, reflecting a growth of approximately 10.1%[26] - The total liabilities of the company reached CNY 19,495,141,618.02, compared to CNY 17,276,750,054.69 at the beginning of the year, marking an increase of about 12.8%[28] - The company's current assets totaled CNY 25,175,108,505.09, up from CNY 22,905,515,843.82 at the start of the year, indicating an increase of about 9.9%[26] - The company's inventory increased to CNY 20,689,160,650.41 from CNY 17,428,811,290.88, showing a rise of about 18.9%[26] Cash Flow - Net cash flow from operating activities decreased significantly by 1,208.15% to -CNY 1.22 billion[6] - Cash flow from operating activities for the first nine months of 2015 was negative CNY 1,218,300,165.49, compared to a positive CNY 109,939,676.04 in the previous year[41] - The company generated ¥6,644,395,515.00 in cash from financing activities, an increase from ¥5,664,356,031.62 year-over-year, marking a growth of about 17%[42] - Cash and cash equivalents at the end of Q3 2015 totaled ¥1,833,977,121.69, down from ¥3,084,779,314.74 at the end of the previous year, indicating a decrease of approximately 40%[42] Shareholder Information - The total number of shareholders is 78,223[12] - The largest shareholder, Chongqing Dongyin Holdings Group, holds 873,659,413 shares, representing 37.24% of total shares, with 873,650,000 shares pledged[12] - The total number of shareholders at the end of the reporting period was not disclosed, but the top ten shareholders' holdings were detailed[10] Investments and Projects - The company has ongoing projects with a total planned investment of CNY 22.37 billion in Chongqing[9] - The company successfully raised funds by issuing 439,422,158 shares to six specific investors, with a lock-up period of one year[14] - The company successfully issued corporate bonds totaling RMB 2 billion during the reporting period, approved by the China Securities Regulatory Commission[19] Related Party Transactions and Governance - The company will cease related party transactions with Dongyin Holdings after the major asset restructuring approval[18] - The company is committed to ensuring fair pricing in related party transactions based on market rates[19] - The company has established a governance structure that allows its board and management to operate independently according to legal and regulatory requirements[21] - The company guarantees the independence of its financial operations, including establishing an independent financial department and maintaining separate bank accounts from related parties[21] Financial Adjustments and Compliance - The company has corrected accounting errors in the 2014 financial report as mandated by regulatory authorities[19] - The company has committed to not planning any major asset restructuring or significant financial events for at least the next three months[22] - The company will adhere to legal and regulatory requirements in conducting related party transactions to protect its interests[19]
迪马股份(600565) - 2014 Q4 - 年度财报
2015-08-27 16:00
Financial Performance - The company achieved a net profit of ¥28,464,567.36 for the year 2014, with a proposed cash dividend of ¥0.3 per 10 shares, totaling ¥70,375,859.52 to be distributed to shareholders [2]. - The company plans to allocate 10% of the net profit to statutory surplus reserves, amounting to ¥2,846,456.74 [2]. - The total distributable profit for 2014, after accounting for previous distributions, is ¥270,037,152.11 [2]. - The company achieved operating revenue of CNY 7,182,008,555.08 in 2014, representing a year-on-year increase of 43.27% [30]. - Net profit attributable to shareholders reached CNY 561,218,025.66, a significant increase of 92.60% compared to the previous year [30]. - The basic earnings per share rose to CNY 0.29, marking a 52.63% increase from the previous year [31]. - Non-recurring gains totaled CNY 46,099,775.23 in 2014, compared to CNY 260,252,497.65 in 2013 [36]. - The company achieved a net profit of 28,464,567.36 RMB in 2014 after deducting 10% for statutory surplus reserves [90]. - The total distributable profit for 2014 was calculated to be 270,037,152.11 RMB after accounting for previous distributions and reserves [91]. - The company’s net profit for 2013 was reported at 42,027,830.27 RMB, with a total of 258,819,041.49 RMB available for distribution after accounting for reserves and previous distributions [89]. Business Operations - The company has significantly increased its real estate development business proportion in 2014 following a non-public share issuance and asset acquisition [23]. - The company has maintained dual main businesses of specialized vehicle manufacturing and real estate development from 2008 to 2013 [22]. - The company completed a significant asset restructuring, enhancing its real estate business, which now accounts for nearly 90% of its operations [39]. - The company is expanding its market presence into higher premium regions such as Southwest, Central China, and East China [39]. - The company is focusing on innovative marketing strategies and cost control measures to achieve its operational goals [39]. - The company plans to enhance its operational efficiency and expand financing channels to support strategic project acquisition [50]. - The company has 20 ongoing real estate projects with a total construction area of approximately 3,000,000 square meters [53]. - The total area sold or pre-sold in the reporting period reached 1,000,000 square meters, generating revenue of approximately 1,200 million yuan [54]. - The company plans to expand its real estate development into regions such as Central and Eastern China, leveraging its established brand [62]. - The company is transitioning from product specialization to diversification and aims to expand internationally through acquisitions and partnerships [80]. Financial Position - The company's total assets at the end of 2014 were CNY 23,368,883,616.38, reflecting a year-on-year growth of 19.97% [30]. - Cash and cash equivalents rose to ¥4,312,471,390.54, accounting for 18.45% of total assets, up 36.68% from the previous period [60]. - Inventory value reached ¥17,428,369,013.41, which is 74.58% of total assets, showing a 16.78% increase [60]. - Short-term borrowings increased by 54.48% to ¥2,356,886,933.92, driven by higher funding needs for real estate projects [61]. - The company’s asset-liability ratio has significantly decreased, indicating an optimization of the asset and liability structure [148]. Shareholder and Governance - The company proposed a cash dividend of 0.3 RMB per 10 shares for 2014, totaling 70,375,859.52 RMB, which represents a payout ratio of 12.54% of the net profit attributable to shareholders [94]. - The independent directors confirmed that the profit distribution plan aligns with the company’s articles of association and considers the company’s profitability and cash flow [89]. - The company has a policy to distribute at least 10% of the annual distributable profit in cash dividends, and cumulative distributions over three consecutive years should not be less than 30% of the average annual distributable profit [90]. - The company has a complete governance structure to ensure independent decision-making in its operations [132]. - The company has established an independent financial department and accounting system to ensure financial independence [132]. - The company has a diverse board with independent directors contributing to governance [171]. - The company continues to focus on maintaining its operational integrity without any major restructuring plans [164]. Legal and Compliance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties [4]. - There are no violations of decision-making procedures regarding external guarantees [5]. - The company has not experienced any changes in its controlling shareholder since its listing [24]. - There are no significant ongoing litigations or arbitrations affecting the company as per the latest disclosures [101]. - The company has not reported any bankruptcy restructuring matters during the reporting period [106]. - The company has no penalties or corrective actions against its directors, supervisors, senior management, or major shareholders [137]. - The company is not classified as a heavily polluting industry by national environmental protection authorities [99]. Future Outlook - The company provided a positive outlook for 2015, projecting a revenue growth of 10% to 12% [130]. - New product launches are expected to contribute an additional $200 million in revenue in 2015 [130]. - The company is considering strategic acquisitions to enhance its market position, with a budget of $100 million allocated for potential deals [130]. - The company aims to reduce operational costs by 5% through efficiency improvements in 2015 [130]. - The company plans to continue focusing on manufacturing, real estate, and energy sectors for future growth [158]. Employee and Management - The total number of employees in the parent company and major subsidiaries is 1,995, with 98 in the parent company and 1,897 in subsidiaries [183]. - The company has a total of 75 employees with a master's degree or above, and 699 with a bachelor's degree, indicating a strong educational background among staff [183]. - The management team has extensive experience in various sectors, including finance and real estate [171]. - The company has implemented a performance-oriented compensation policy, linking employee pay to company and individual performance [185]. - The company has developed a training system aimed at improving strategic, market, and decision-making capabilities among management [187].