2014 年第三季度报告 宁波富邦精业集团股份有限公司 2014 年第三季度报告 1 / 21 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 9 | 2014 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员应当保证季度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 二、 公司主要财务数据和股东变化 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 | 666,635,729.94 | 705,936,841.84 | -5.57 | | | 归属于上市公司 | 64,668,761.93 | 99,867,718.61 | -35.25 | | | 股东的净资产 | | | | ...

Financial Performance - The company's operating revenue for the first half of 2014 was CNY 402,936,382.25, a decrease of 3.46% compared to CNY 417,364,980.48 in the same period last year[15]. - The net profit attributable to shareholders was a loss of CNY 25,597,943.32, compared to a loss of CNY 12,723,580.04 in the previous year[15]. - The basic earnings per share for the first half of 2014 was -0.191 CNY, compared to -0.095 CNY in the same period last year[14]. - The weighted average return on net assets decreased to -29.39%, down 19.79 percentage points from -9.60% in the previous year[14]. - The company reported a net cash flow from operating activities of CNY 12,058,833.42, a significant improvement from a negative cash flow of CNY 29,610,055.14 in the previous year[15]. - Net profit for the first half of 2014 was CNY -25,597,943.32, representing a decline of 101.19% year-on-year due to decreased sales volume and gross margin[21]. - The net loss for the first half of 2014 was CNY -25,597,943.32, compared to a net loss of CNY -12,723,580.04 in the previous year, indicating a significant increase in losses[58]. - The company reported a basic and diluted earnings per share of CNY -0.191, compared to CNY -0.095 in the same period last year[58]. - The net profit for the current period is a loss of CNY 26,773,749.97, compared to a loss of CNY 14,027,413.37 in the same period last year[81]. Revenue and Sales - Total revenue for aluminum sales was CNY 399,301,488.20, a decrease of 3.43% compared to the previous year, with a gross margin of -0.92%[22]. - Operating income from warehousing and related services was CNY 1,285,722.68, with a gross margin of 90.00%, although revenue decreased by 3.89% compared to the previous year[22]. - Revenue from Zhejiang region was CNY 380,428,018.17, reflecting a decline of 1.71% year-on-year, while other regions saw a significant drop of 27.46%[23]. - The company's main business revenue for the current period is CNY 400,587,210.88, a decrease of 3.0% compared to CNY 414,817,693.45 in the previous period[186]. - Total operating revenue for the current period is CNY 400,587,210.88, a decrease of 3.4% from CNY 414,817,693.45 in the previous period[191]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 670,573,774.54, down 5.01% from CNY 705,936,841.84 at the end of the previous year[15]. - The company's total assets decreased to CNY 577,095,120.27 from CNY 626,900,352.87 at the beginning of the year, reflecting a decline of approximately 7.9%[55]. - The total liabilities decreased to CNY 512,013,777.37 from CNY 535,105,260.00, showing a reduction of about 4.3%[55]. - The total equity attributable to shareholders decreased to CNY 65,081,342.90 from CNY 91,795,092.87, a decline of approximately 29.2%[55]. - The total amount of other payables has increased significantly to CNY 20,655,446.76 from CNY 2,367,985.90 at the beginning of the period, indicating potential strategic investments or operational changes[178]. Cash Flow - The company's cash and cash equivalents decreased from RMB 158,979,980.38 at the beginning of the year to RMB 139,516,541.89 at the end of the reporting period, a decline of approximately 12.2%[49]. - The cash inflow from financing activities was CNY 273,100,000.00, an increase from CNY 224,000,000.00 in the previous year[65]. - The net cash flow from financing activities was CNY 6,646,423.90, compared to a net outflow of CNY 6,158,579.56 in the previous year[65]. - The ending cash and cash equivalents balance was CNY 72,013,061.70, a decrease from CNY 77,889,171.54 in the previous year[65]. - The cash balance at the end of the period was RMB 68,153.05, an increase from RMB 26,708.08 at the beginning of the period, indicating a significant growth[127]. Production and Operations - The company produced 14,800 tons of products, a decrease of 6.33% year-on-year[16]. - The company is accelerating the launch of a new cold-rolled production line with an annual capacity of 15,000 tons, which has already commenced production after trial runs[17]. - The company is focusing on optimizing its management structure and production processes to improve efficiency and reduce costs[17]. - The company has a small production scale compared to industry peers, focusing on a "make-to-order" production model to quickly respond to market demand[23]. Investments and Subsidiaries - The company is currently investing CNY 91,800,000 in the aluminum plate and strip production line upgrade, with CNY 8,533,054.15 spent in the reporting period[27]. - The main subsidiary, Ningbo Fubon Precision Trade Co., achieved a net profit of CNY 1,346,000, an increase of 7.72% year-on-year due to reduced sales expenses[26]. Legal and Compliance - The company is currently involved in a legal case regarding a debt obligation of CNY 56,545,100, with ongoing court proceedings[29]. - The company has received a civil ruling from the Beijing High People's Court regarding a lawsuit[33]. - The company has not disclosed litigation information as required, leading to a lawsuit from shareholders[33]. - The company has no bankruptcy reorganization related matters during the reporting period[35]. Shareholder Information - The total number of shareholders at the end of the reporting period was 14,858[42]. - The largest shareholder, Ningbo Fubon Holding Group Co., Ltd., holds 35.26% of the shares, totaling 47,162,160 shares[43]. - The company has no accounts payable to shareholders holding 5% or more voting rights, indicating a stable shareholder structure[169]. Accounting Policies and Standards - The company adheres to the enterprise accounting standards, ensuring the financial statements reflect a true and complete picture of its financial status[85]. - The accounting period for the company runs from January 1 to December 31 each year[86]. - The company's accounting currency is Renminbi (RMB)[87]. - The company has not reported any changes in accounting policies or estimates during the period[130].

Financial Performance - The company reported a consolidated net profit of -38,056,321.51 RMB for 2013, with a parent company net profit of -40,498,747.39 RMB, resulting in an accumulated undistributed profit of -55,167,258.64 RMB at year-end [4]. - Basic earnings per share for 2013 were -0.285 RMB, a decrease of 850% compared to 0.038 RMB in 2012 [22]. - The weighted average return on net assets was -31.79% in 2013, a decrease of 35.44 percentage points from 3.65% in 2012 [22]. - The company reported a total revenue of RMB 895.72 million in 2013, a decrease of 8.36% compared to RMB 977.47 million in 2012 [28]. - The net profit attributable to shareholders was a loss of RMB 38.06 million, a significant decline from a profit of RMB 5.13 million in the previous year, representing a decrease of 841.84% [28]. - The total operating revenue for 2013 was 890,818,264.80 RMB, representing a decrease of 8.20% compared to the previous year [36]. - The total comprehensive income for 2013 was a loss of CNY 39,706,321.51, compared to a gain of CNY 253,763.32 in the previous year [127]. - The company reported a net loss of CNY 55,167,258.64, compared to a loss of CNY 17,110,937.13 in the previous year, representing a deterioration in financial performance [120]. Revenue and Sales - The main business revenue from aluminum sales was RMB 88.81 million, down 8.23% year-on-year [30]. - The company completed a production volume of 34,752 tons, a slight decrease of 0.74% compared to the previous year [28]. - The total revenue from sales of goods and services was 552,567,222.04 RMB, down from 682,429,029.24 RMB, indicating a decrease of 19.0% [135]. Cash Flow and Liquidity - The operating cash flow for the year was negative RMB 7.75 million, an improvement from negative RMB 27.19 million in 2012 [29]. - The net cash flow from operating activities for 2013 was -7,754,031.09 RMB, an increase of 19,435,086.86 RMB compared to 2012 [34]. - The total cash and cash equivalents at the end of the period were 38,218,674.63 RMB, a decrease from 98,603,540.99 RMB, representing a decline of 61.2% [137]. - The cash flow from financing activities showed a net outflow of -23,673,781.37 RMB, an improvement from -34,152,685.89 RMB in the previous year [137]. Assets and Liabilities - The company’s total assets increased by 1.63% to RMB 705.94 million at the end of 2013, compared to RMB 694.60 million at the end of 2012 [28]. - The company’s net assets attributable to shareholders decreased by 28.45% to RMB 99.87 million from RMB 139.57 million in 2012 [28]. - The total liabilities included a 33.78% increase in notes payable to 183,969,371.08 RMB, reflecting a higher use of notes for settling payments [41]. - The company reported a total current assets of CNY 374,324,295.48 as of December 31, 2013, a slight decrease from CNY 378,777,463.25 at the beginning of the year, reflecting a reduction of approximately 1.2% [118]. Operational Efficiency - The gross profit margin for aluminum sales decreased by 1.62 percentage points, with operating revenue of 888,145,876.64 RMB and operating costs of 878,231,704.05 RMB [36]. - Accounts receivable increased by 64.61% to 33,122,518.99 RMB, attributed to slower customer payments [39]. - The company has maintained a stable internal control system, ensuring compliance and asset security, with no significant risks identified during the reporting period [108]. Corporate Governance - The company has established a governance structure that complies with relevant laws and regulations, ensuring the protection of shareholder interests [98]. - The board of directors operated in accordance with the Company Law and the Articles of Association, ensuring compliance and effective governance [99]. - The audit committee reviewed the financial statements and confirmed their accuracy, recommending the reappointment of Tianjian Accounting Firm for the 2014 audit [105]. Future Plans and Strategies - The company plans to enhance its risk resistance capabilities and focus on technical transformation projects, including a new 15,000-ton aluminum plate project [28]. - The company aims to optimize product structure and expand sales channels, focusing on high-value-added products in response to market demand [51]. - The company plans to achieve a production target of 35,000 tons and revenue of 900 million yuan in 2014, aiming for 1 billion yuan [51]. Legal and Compliance Issues - The company faced multiple lawsuits, including a claim for 5,654.51 million RMB related to a loan dispute, which may impact its financial liabilities [64]. - The company is currently appealing a court decision regarding a lawsuit, which may affect its financial standing [64]. - The company is under scrutiny for not disclosing certain information, leading to legal actions from shareholders [64]. Employee and Management Structure - The total number of employees in the parent company is 562, with a combined total of 655 employees including major subsidiaries [92]. - The company has implemented an annual training plan to enhance employee skills and promote healthy development [94]. - The total compensation for the board members and senior management during the reporting period amounted to 199.26 million CNY, with an additional 206.79 million CNY from shareholders [84]. Financial Reporting and Accounting Policies - The financial statements are prepared based on the going concern assumption and comply with the requirements of the accounting standards [151][152]. - The company has undergone changes in accounting policies and has made adjustments for prior period errors [151]. - The company recognizes impairment losses for available-for-sale financial assets when there is a significant or prolonged decline in fair value below cost [164].

Financial Performance - Operating revenue for the first quarter was CNY 170,619,445.15, representing a year-on-year increase of 5.23% from CNY 162,125,409.53[9] - The net profit attributable to shareholders was a loss of CNY 12,882,539.55, compared to a loss of CNY 7,666,290.26 in the same period last year[9] - Total operating revenue for the period was CNY 170,619,445.15, an increase from CNY 162,125,409.53 in the previous period, representing a growth of approximately 9.2%[29] - The net loss for the period was CNY 12,882,539.55, compared to a net loss of CNY 7,666,290.26 in the previous period, reflecting a deterioration in performance[30] - Basic and diluted earnings per share were both -0.096, compared to -0.057 in the previous period[30] - The total comprehensive loss for the period was CNY 12,972,539.55, compared to a loss of CNY 8,011,290.26 in the previous period[30] Assets and Liabilities - Total assets at the end of the reporting period were CNY 702,834,503.07, a decrease of 0.44% compared to the previous year-end[9] - Net assets attributable to shareholders decreased by 12.99% to CNY 86,895,179.06 from CNY 99,867,718.61 at the previous year-end[9] - Current liabilities totaled 550,219,255.23 RMB, an increase from 540,319,054.45 RMB at the beginning of the year[23] - The company's total liabilities increased to 615,939,324.01 RMB from 606,069,123.23 RMB[23] - Total equity decreased to CNY 78,421,684.38 from CNY 91,795,092.87, indicating a decline of approximately 14.6%[26] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 15,779,517.19, an improvement from a net outflow of CNY 26,921,900.06 in the previous period[34] - The net cash flow from operating activities was -15,779,517.19 RMB, an improvement from -26,921,900.06 RMB, primarily due to a significant decrease in inventory[17] - The net cash flow from investing activities was -3,437,324.80 RMB, reduced from -5,703,012.15 RMB, mainly due to decreased investment in aluminum plant upgrades[17] - The net cash flow from financing activities was 14,230,152.77 RMB, a turnaround from -14,470,343.69 RMB, primarily due to an increase in short-term borrowings[17] - Operating cash flow for the current period was ¥148,899,668.77, an increase of 28.3% compared to ¥116,018,063.87 in the previous period[37] - Net cash flow from operating activities was ¥23,425,462.07, a significant improvement from a negative cash flow of ¥19,116,614.43 in the previous period[37] - Cash outflow from investment activities totaled ¥3,404,922.23, down from ¥5,536,860.71 in the previous period, indicating a reduction in investment spending[38] - Cash inflow from financing activities was ¥52,000,000.00, compared to ¥82,000,000.00 in the previous period, reflecting a decrease in new borrowings[38] - Net cash flow from financing activities was -¥15,469,847.23, worsening from -¥14,470,343.69 in the previous period[38] - The ending cash and cash equivalents balance was ¥42,769,367.24, down from ¥59,528,335.99 in the previous period[39] - The company experienced a net decrease in cash and cash equivalents of ¥4,550,692.61, contrasting with a significant decrease of ¥39,075,205.00 in the previous period[39] Shareholder Information - The number of shareholders at the end of the reporting period was 15,703[11] Other Financial Metrics - The weighted average return on net assets decreased by 8.15 percentage points to -13.80% from -5.65%[9] - Prepayments increased significantly by 347.63% to CNY 31,829,522.13, primarily due to increased advance payments for purchases[14] - Other payables rose by 661.48% to CNY 18,031,842.83, mainly due to increases in estimated payables and equipment payments[14] - The company reported a significant increase in business tax and additional charges by 176.93% to CNY 305,804.03, mainly due to an increase in urban construction tax[15] - The company incurred operating expenses of CNY 6,174,416.02, which increased from CNY 5,545,173.49 in the previous period, reflecting a rise of about 11.4%[29] - The company has fully recognized contingent liabilities related to a court ruling from 2011, which may impact future financial results[17] - Inventory levels decreased to 86,749,079.98 RMB from 104,878,042.26 RMB, indicating improved inventory management[21] - The company's cash and cash equivalents decreased to 147,317,797.24 RMB from 158,979,980.38 RMB[21] - The total liabilities amounted to CNY 537,755,142.75, slightly up from CNY 535,105,260.00[26] - The company reported a significant increase in other payables, rising to CNY 47,647,942.97 from CNY 6,316,019.62[26]