Workflow
SYP(600819)
icon
Search documents
耀皮玻璃(600819) - 2017 Q1 - 季度财报
2017-04-27 16:00
Financial Performance - Operating revenue for the period was CNY 719,809,072.91, representing a year-on-year increase of 3.43%[6] - Net profit attributable to shareholders was CNY 6,292,866.99, an increase of 40.36% compared to CNY 4,483,509.01 in the same period last year[6] - Basic and diluted earnings per share were both CNY 0.007, up 40.00% from CNY 0.005[6] - Net profit for Q1 2017 reached CNY 10,401,141.57, a significant increase from CNY 225,538.82 in Q1 2016[26] - The company's operating revenue for the current period is ¥15,033,330.93, a significant decrease of approximately 77% compared to ¥65,175,872.70 in the previous period[29] - The net profit for the current period is ¥8,547,735.64, an increase of approximately 36% from ¥6,259,003.62 in the previous period[30] Cash Flow - The net cash flow from operating activities was CNY 39,143,955.82, down 33.30% from CNY 58,684,321.32 in the previous year[6] - Cash flow from operating activities shows a net inflow of ¥39,143,955.82, down 33% from ¥58,684,321.32 in the previous period[33] - Cash flow from investment activities has improved significantly, with a net inflow of ¥155,729,539.81 compared to a net outflow of ¥820,739,146.82 in the previous period[34] - The company received ¥560,000,000.00 from the recovery of investments, up from ¥338,000,000.00 in the previous period[33] - The net increase in cash and cash equivalents for the period was $66.70 million, with a closing balance of $295.21 million[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,371,259,681.43, a decrease of 1.23% compared to the end of the previous year[6] - The company reported a significant decrease in accounts receivable by 45.34% to CNY 178,000,425.15[11] - Total current assets decreased from ¥3,047,026,842.21 to ¥2,993,161,522.16, a reduction of approximately 1.77%[17] - Total liabilities decreased from ¥3,861,040,080.35 to ¥3,761,185,445.75, a reduction of approximately 2.59%[19] - Current liabilities decreased to CNY 2,084,719,805.12 from CNY 2,255,293,337.96 at the start of the year, reflecting a reduction of 7.5%[23] Equity and Shareholder Information - The company's total equity attributable to shareholders increased slightly from ¥3,021,324,151.59 to ¥3,024,959,761.57, reflecting a marginal growth of 0.12%[19] - The company had a total of 57,217 shareholders at the end of the reporting period[9] - The total equity increased slightly to CNY 2,918,874,772.67 from CNY 2,910,327,037.03, indicating a growth of 0.1%[23] Expenses and Cost Management - Financial expenses decreased by 43.12% to CNY 19,280,127.21 due to reduced interest expenses[11] - The company reported a decrease in sales expenses and management fees, indicating a focus on cost control[29] - The financial expenses decreased to ¥20,222,733.94 from ¥28,581,264.97, reflecting improved financial management[29] Investment Activities - Investment income decreased by 42.29% to CNY 17,632,484.05 compared to CNY 30,552,306.10 in the previous year[11] - Cash received from investment activities increased by 58.47% to ¥582,340,133.81, primarily due to the recovery of investment cash[13] - Cash paid for fixed assets and other long-term assets decreased by 44.33% to ¥56,499,594.00, indicating reduced capital expenditure[13] - Cash received from the recovery of other investment activities surged by 182.29% to ¥10,370,665.60, reflecting an increase in project guarantee deposits recovered[13] Future Outlook - The company plans to continue focusing on investment recovery and cost management strategies to enhance profitability in the future[30]
耀皮玻璃(600819) - 2016 Q4 - 年度财报
2017-03-30 16:00
Financial Performance - The company achieved a net profit attributable to shareholders of 225,774,569.68 RMB in 2016, a significant recovery from a loss of 364,267,244.39 RMB in 2015[2]. - Total revenue for 2016 was 2,943,011,023.88 RMB, representing a year-on-year increase of 7.11% from 2,747,743,271.77 RMB in 2015[17]. - The company's basic earnings per share for 2016 was 0.24 RMB, compared to a loss of 0.39 RMB per share in 2015[18]. - The weighted average return on equity increased to 7.55% in 2016, up by 19.74 percentage points from -12.19% in 2015[18]. - The company reported non-recurring gains of approximately RMB 565 million in 2016, a significant increase from RMB 128.57 million in 2015[21]. - The comprehensive gross profit margin improved by 3 percentage points year-on-year, reflecting effective cost control measures[33]. - The company reported a net profit attributable to the parent company of RMB 22,577.46 million, marking a turnaround from loss to profit[35]. Cash Flow and Investments - The net cash flow from operating activities for 2016 was 439,892,167.36 RMB, a decrease of 17.15% from 530,970,177.25 RMB in 2015[17]. - The company reported a net cash flow from investment activities of RMB 581,475,097.00, a significant improvement from the previous year's negative cash flow[37]. - Cash inflow from investment activities reached ¥3,846,815,747.19, a 181.06% increase year-on-year, driven by the maturity of financial investments and cash inflow from equity disposals[49]. - Cash outflow for investments was ¥3,265,340,650.19, reflecting a 71.59% increase compared to the previous year[49]. - The company realized investment income of ¥559,842,500 from the disposal of long-term equity investments and ¥119,821,500 from financial products and available-for-sale financial assets[50]. Assets and Liabilities - Total assets decreased by 9.01% to 7,463,397,272.45 RMB at the end of 2016, down from 8,202,652,242.14 RMB in 2015[17]. - The company reported a net asset attributable to shareholders of 3,021,324,151.59 RMB at the end of 2016, an increase of 5.04% from 2,876,389,464.98 RMB in 2015[17]. - The total liabilities decreased to ¥3,861,040,080.35 from ¥4,729,882,708.26, showing a reduction of about 18.4%[145]. - The company’s total assets included a significant decrease in available-for-sale financial assets, dropping from approximately RMB 342 million to RMB 84 million[26]. Business Segments and Operations - The company’s float glass business saw a substantial performance improvement due to stable production and increased sales of high-value-added products[30]. - The automotive glass segment expanded its product offerings to include sunroofs and specialized vehicle glass, maintaining stable revenue and profit growth[31]. - The architectural glass segment launched new products, including three-layer Low-E coated glass, contributing to its competitive edge in landmark projects[31]. - The company emphasized a strategy of vertical integration and product differentiation to drive growth across its three main business segments[30]. - The company’s architectural glass business faced challenges due to rising raw material prices, leading to a decline in profitability despite stable sales[25]. Research and Development - The company holds over 20 patents, showcasing its strong research and development capabilities in the glass manufacturing industry[27]. - Research and development expenses increased by 32.63% to RMB 81,128,814.12, indicating a focus on innovation[37]. - R&D investment increased by 32.63% compared to the previous year, primarily due to increased investment in automotive glass processing[48]. - The number of R&D personnel was 128, accounting for 4.44% of the total workforce[47]. Corporate Governance and Compliance - The company has established a robust corporate governance structure and consistently returns cash dividends to shareholders, enhancing investor confidence[88]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[4]. - The company reported no major litigation or arbitration matters during the year[77]. - The company has committed to enhancing its financial management and risk control measures to mitigate potential credit risks from customers[67]. Shareholder Information - The company plans to distribute a cash dividend of 0.73 RMB per 10 shares, totaling 68,248,873.04 RMB[2]. - The cash dividend payout ratio for 2016 is 30.23%, based on the net profit of RMB 225,774,569.68[72]. - The company has maintained a high cash dividend policy since its listing, prioritizing cash dividends over stock dividends[70]. - The total number of ordinary shareholders at the end of the reporting period was 55,220, down from 57,511 at the end of the previous month[96]. Market Outlook - The company anticipates a stable decrease in glass demand due to adjustments in real estate policies, while the automotive glass market remains promising due to ongoing consumption policies[62]. - The company expects production costs to rise due to increases in raw material prices, which will impact overall economic benefits[62]. - The company plans to focus on high-performance, high-quality, and environmentally friendly glass products, aiming to enhance its competitive edge through technological innovation and product differentiation[64].
耀皮玻璃(600819) - 2016 Q3 - 季度财报
2016-10-27 16:00
Financial Performance - Operating revenue for the first nine months was CNY 2,122,099,909.75, representing a year-on-year increase of 7.20%[7] - Net profit attributable to shareholders was CNY 41,771,230.03, a significant recovery from a loss of CNY 89,389,132.09 in the same period last year[7] - The weighted average return on equity increased to 1.44%, up by 4.39 percentage points from -2.95% in the previous year[7] - Total profit for the first nine months of 2016 reached ¥67,127,557.27, compared to a loss of ¥107,547,343.14 in the previous year[11] - Net profit for the first nine months of 2016 was ¥48,939,934.06, a significant recovery from a net loss of ¥115,558,231.56 in the same period of 2015[11] - Net profit for Q3 2016 was 40,574,055.16 CNY, a significant recovery from a net loss of 22,646,423.27 CNY in Q2 2016[26] - The company reported a total profit of 46,710,883.05 CNY in Q3 2016, compared to a loss of 19,626,677.77 CNY in the previous quarter[26] - The net profit for Q3 2016 was -2,135,308.81 RMB, compared to a profit of 9,769,957.10 RMB in the same period last year, indicating a significant decline[29] - Operating profit for Q3 2016 was -5,194,458.37 RMB, a decrease from 6,084,623.58 RMB in Q3 2015[29] Cash Flow - Cash flow from operating activities for the first nine months was CNY 279,766,997.33, an increase of 16.79% compared to the same period last year[7] - Cash flow from operating activities for the first nine months of 2016 was 279,766,997.33 RMB, up from 239,541,334.27 RMB in the same period last year, reflecting a 16.8% increase[32] - Cash flow from investment activities generated a net inflow of 216,692,834.30 RMB in the first nine months of 2016, compared to a net outflow of -522,026,587.46 RMB in the same period last year[33] - Total cash inflow from operating activities was 68,882,554.63 RMB, significantly lower than 250,200,837.67 RMB in the previous year[36] - Total cash outflow from operating activities was 119,563,207.22 RMB, compared to 183,209,730.44 RMB last year[36] - Cash inflow from investment activities totaled 3,641,440,377.29 RMB, compared to 2,597,520,753.89 RMB in the previous year, indicating a significant increase[36] - Net cash flow from investment activities was 579,551,107.17 RMB, recovering from a negative 228,195,761.37 RMB in the prior year[36] - Cash paid for investments was 1,978,000,000.00 RMB, a decrease from 2,720,000,200.00 RMB in the previous year[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,690,141,907.20, a decrease of 6.25% compared to the end of the previous year[7] - Total assets decreased to CNY 7,690,141,907.20 from CNY 8,202,652,242.14 at the beginning of the year, reflecting a decline of approximately 6.2%[20] - Total liabilities decreased to CNY 4,258,018,628.58 from CNY 4,729,882,708.26, a reduction of about 9.9%[20] - Current liabilities totaled CNY 3,399,719,277.56, down from CNY 3,866,146,353.33, indicating a decrease of approximately 12.1%[20] - Non-current assets amounted to CNY 4,673,287,292.04, down from CNY 5,583,950,007.05, a decline of about 16.3%[20] - The company’s total current assets increased to ¥3,016,854,615.16 from ¥2,618,702,235.09, reflecting a growth of 15.2%[17] - The company’s cash and cash equivalents rose to ¥503,893,759.11 from ¥411,687,839.48, marking an increase of 22.3%[17] - The company reported a decrease in other receivables from CNY 2,298,075,383.33 to CNY 1,073,793,059.75, a decline of approximately 53.3%[22] - The company’s equity attributable to shareholders decreased to CNY 2,829,460,467.17 from CNY 2,876,389,464.98, a decrease of about 1.6%[20] - Deferred income tax liabilities decreased significantly from CNY 33,958,385.10 to CNY 7,330,823.65, a reduction of approximately 78.4%[20] Shareholder Information - The total number of shareholders at the end of the reporting period was 49,220[9] - The largest shareholder, Shanghai Building Materials (Group) Co., Ltd., held 27.69% of the shares[9] Government Subsidies and Other Income - The company recorded a government subsidy of CNY 6,915,052.01 during the reporting period[9] - Non-operating income for the first nine months totaled CNY 54,204,856.02[9] Strategic Initiatives - The company has not reported any new product developments or market expansion strategies in this quarter[8] - The company plans to publicly transfer its stake in Shanghai Yaofu, which was pre-listed on August 31, 2016[13] - The company aims to enhance its market position through strategic investments and cost management initiatives moving forward[27]
耀皮玻璃(600819) - 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 1,394,086,146.89, an increase of 11.95% compared to CNY 1,245,220,673.77 in the same period last year[17]. - The net profit attributable to shareholders was CNY 9,712,482.20, a significant recovery from a loss of CNY 79,538,246.63 in the previous year[17]. - The net cash flow from operating activities increased by 19.86% to CNY 218,619,492.70 from CNY 182,395,185.39 in the previous year[17]. - The weighted average return on net assets improved to 0.34% from -2.53% in the previous year[19]. - The gross profit margin for the glass segment improved by 2.76 percentage points to 19.86%[37]. - The company reported a net profit of RMB 8.79 million from Shanghai Yao Pi Engineering Glass Co., Ltd., while Tianjin Yao Pi Engineering Glass Co., Ltd. reported a net loss of RMB 15.34 million[51]. - The total profit for the current period was ¥20,416,674.22, a significant recovery from a total loss of ¥87,920,665.37 in the previous period[84]. - Earnings per share for the current period were ¥0.01, compared to a loss of ¥0.09 per share in the previous period[86]. Investment and Financing Activities - The company issued short-term financing bonds totaling CNY 900 million to reduce funding costs[25]. - The company reported a net cash outflow from investment activities of ¥80,583,200.38, a significant improvement from the previous year's outflow of ¥643,836,093.44[32]. - Cash inflow from financing activities totaled CNY 2,135,185,000.00, down from CNY 2,381,950,509.41 in the previous year, a decline of approximately 10.35%[93]. - The company paid CNY 2,202,884,750.00 in debt repayments, which is an increase from CNY 1,615,068,770.26 in the previous year[93]. Research and Development - The company focused on differentiated product development, increasing R&D investment in high-end functional products for the automotive glass segment[26]. - Research and development expenses increased by 41.79% to ¥36,727,894.78, driven by higher investment in new product development[31]. Asset Management - Total assets decreased by 3.34% to CNY 7,928,633,454.56 from CNY 8,202,652,242.14 at the end of the previous year[17]. - The total current assets amount to 2,798,604,374.73 RMB, an increase from 2,618,702,235.09 RMB at the beginning of the period[77]. - The total non-current assets are valued at 5,363,929,096.56 RMB, down from 5,547,360,000.00 RMB at the beginning of the period[77]. - The inventory decreased to 662,048,745.98 RMB from 740,268,166.53 RMB, reflecting a decline of about 10.6%[77]. Corporate Governance and Compliance - The company has maintained strict compliance with corporate governance standards and has improved its internal control systems[60]. - The company has not proposed any profit distribution or capital reserve transfer plans for the reporting period[52]. - The company has not disclosed any major lawsuits, bankruptcy reorganizations, or significant asset transactions during the reporting period[55]. Shareholder Information - The company has a total of 51,380 shareholders as of the end of the reporting period[67]. - The top shareholder, Shanghai Building Materials Group Co., Ltd., holds 258,861,720 shares, representing 27.69% of the total shares[69]. - The company has committed to a share lock-up period for its major shareholder, Shanghai Building Materials, which will last until January 10, 2017[59]. Financial Reporting and Accounting Policies - The financial statements are prepared in accordance with the Accounting Standards for Business Enterprises, ensuring a true and complete reflection of the company's financial status and performance[113]. - The company's accounting period runs from January 1 to December 31 each year[114]. - The company has not made any changes to its accounting policies or estimates during the reporting period[61]. Risk Management - The company is enhancing risk management through comprehensive safety management initiatives and special audits on key operational areas[29]. Employee Compensation and Benefits - Employee compensation, including short-term benefits and post-employment benefits, is recognized as liabilities in the period services are provided[192]. - The company uses the expected accumulated benefit unit method to measure the obligations arising from the defined benefit plan, estimating demographic and financial variables[194].
耀皮玻璃(600819) - 2016 Q1 - 季度财报
2016-04-28 16:00
Financial Performance - Operating revenue rose by 21.73% to CNY 695,967,410.79 year-on-year[7] - Net profit attributable to shareholders was CNY 4,483,509.01, a significant recovery from a loss of CNY 42,413,691.30 in the same period last year[7] - Operating profit improved significantly, with a total profit of RMB 5,480,469.32 compared to a loss of RMB 48,678,127.19 in the same period last year[13] - Investment income surged by 240.76% to RMB 30,552,306.10, driven by increased financial management returns[13] - Net profit reached RMB 225,538.82, a substantial recovery from a loss of RMB 50,655,738.98 in the previous year[13] - Total operating revenue for Q1 2016 was CNY 695,967,410.79, an increase of 21.8% compared to CNY 571,721,286.62 in the same period last year[23] - Net profit for Q1 2016 was CNY 225,538.82, a significant improvement from a net loss of CNY 50,655,738.98 in Q1 2015[24] - The operating profit for the quarter was CNY 2,515,163.54, compared to a loss of CNY 14,395,113.19 in Q1 2015[26] Asset and Liability Management - Total assets increased by 6.95% to CNY 8,772,547,682.02 compared to the end of the previous year[7] - The company reported a 117.30% increase in other current assets, attributed to increased financial investments[11] - The company’s other current liabilities increased by 40.05% to CNY 1,399,966,666.64 due to the issuance of short-term financing bonds[12] - The company’s deferred income tax liabilities decreased by 53.12% to CNY 15,919,435.80, reflecting a reduction in deferred tax liabilities from changes in fair value of available-for-sale financial assets[12] - Total assets grew to RMB 8,772,547,682.02, up from RMB 8,202,652,242.14 at the beginning of the year[18] - Current liabilities increased to RMB 4,485,072,222.57, compared to RMB 3,866,146,353.33 at the start of the year, indicating higher short-term financial obligations[18] - The total equity attributable to shareholders of the parent company was CNY 2,949,365,434.05, slightly up from CNY 2,943,106,430.43 at the beginning of the year[22] Cash Flow Analysis - Net cash flow from operating activities increased by 69.60% to CNY 58,684,321.32 compared to the previous year[7] - Cash flow from operating activities increased by 69.60% to RMB 58,684,321.32, attributed to enhanced bill settlement and faster receivables collection[14] - Cash received from the disposal of fixed assets rose dramatically by 863.43% to RMB 10,482,933.37, indicating improved asset management[14] - Cash paid for investments increased by 117.20% to RMB 1,010,000,000.00, reflecting a strategic focus on financial investments[14] - The company recorded an investment income of CNY 30,552,306.10, compared to CNY 8,965,954.28 in the previous year[24] - The company reported a net cash flow from operating activities of CNY 58,684,321.32, an increase from CNY 34,601,015.01 in the previous year[30] - Investment activities resulted in a net cash outflow of CNY -820,739,146.82, compared to CNY -83,840,737.39 in the previous year[30] Shareholder Information - The number of shareholders reached 52,744, with the top ten shareholders holding a combined 78.22% of shares[8] - The largest shareholder, Shanghai Building Materials Group Co., Ltd., holds 27.69% of shares[8] Financial Position - The company maintained a strong liquidity position with cash and cash equivalents totaling RMB 398,513,608.36[17] - The company’s long-term investments in fixed assets amounted to RMB 3,112,340,652.79, reflecting ongoing capital expenditures[18] - The company’s cash and cash equivalents decreased to CNY 109,075,469.80 from CNY 167,635,557.30[20] - Cash inflow from financing activities amounted to $1,929,175,000.00, up 91.73% from $999,250,000.00 in the last period[36] - The ending cash and cash equivalents balance was $103,286,666.41, down from $541,622,134.31 in the previous period[36]
耀皮玻璃(600819) - 2015 Q4 - 年度财报
2016-03-30 16:00
Financial Performance - In 2015, the company achieved a total revenue of ¥2,747,743,271.77, representing a decrease of 4.09% compared to ¥2,864,912,952.36 in 2014[17] - The net profit attributable to shareholders of the parent company was -¥364,267,244.39, a significant decline from a profit of ¥53,354,016.90 in 2014[17] - The basic earnings per share for 2015 was -¥0.39, compared to ¥0.06 in 2014, indicating a substantial decline[18] - The weighted average return on equity was -12.19% in 2015, down from 1.63% in 2014[18] - The company reported a net profit of CNY 128,573,365.90 for 2015, a significant increase from CNY 85,110,315.86 in 2014, representing a growth of approximately 50.9%[23] - The net profit from major subsidiaries showed significant variations, with some subsidiaries reporting losses, such as Shanghai Yaopi Engineering Glass Co., which had a net loss of ¥22,107,675.08[62] - The net profit for 2015 was a loss of CNY 488,908,349.51, compared to a profit of CNY 13,093,833.15 in the previous year[157] - The company’s total comprehensive income for 2015 was CNY 40,686,791.13, reflecting a significant decline from CNY 102,778,756.12 in the previous year[162] Cash Flow and Investments - The operating cash flow for 2015 was ¥530,970,177.25, which is an increase of 132.46% compared to ¥228,414,832.31 in 2014[17] - The net cash flow from operating activities increased by 132.46% to ¥530,970,177.25 compared to the previous period, attributed to enhanced fund management and accelerated receivables collection[51] - Cash received from tax refunds rose by 38.04% to ¥2,171,922.05 due to increased export tax rebates[51] - Cash inflow from investment activities decreased by 42.64% to ¥1,368,676,875.77, primarily due to a reduction in the maturity of financial investments[51] - The company reported a 257.72% increase in cash received from investment income, totaling ¥99,210,333.03, driven by higher returns from financial investments[51] - The total cash inflow from operating activities was CNY 3,524,598,611.63, while total cash outflow was CNY 2,993,628,434.38, resulting in a net cash flow of CNY 530,970,177.25[165] Assets and Liabilities - The total assets at the end of 2015 amounted to ¥8,202,652,242.14, reflecting a growth of 3.06% from ¥7,959,314,888.66 in 2014[17] - Total liabilities increased to ¥4,729,882,708.26 from ¥4,062,935,131.43, reflecting an increase of approximately 16.4%[151] - The company's equity attributable to shareholders decreased to ¥2,876,389,464.98 from ¥3,178,515,147.68, a decline of about 9.5%[152] - The total amount of other comprehensive income decreased by CNY 364,267,244.39, highlighting challenges in market conditions[171] Strategic Initiatives and Market Position - The company plans to focus on high-performance, high-quality, and environmentally friendly glass products, aligning with national policies to reduce capacity and inventory[65] - The company will enhance its competitive edge through technological innovation and by optimizing its product structure to improve supply quality[65] - The company continues to optimize its industrial layout and regional structure to strengthen its competitive position in the southwest market[37] - The company achieved significant revenue growth in the automotive glass business, driven by enhanced cost management and strategic partnerships with major automotive manufacturers[36] Governance and Compliance - The company has established a robust corporate governance structure and has consistently paid cash dividends to shareholders, enhancing shareholder value and investor confidence[89] - The company has maintained a good integrity status, with no significant debts or court judgments pending against it during the reporting period[76] - The company has implemented measures to enhance employee welfare and training, fostering a harmonious labor relationship[89] - The company has established a management system for insider information to prevent insider trading and ensure fair information disclosure[130] Related Party Transactions - The company engaged in significant related party transactions, including sales of goods amounting to CNY 229.21 million and procurement of technical services costing CNY 579.13 million from Pilkington International Holdings BV and its affiliates[77] - The company reported a total of CNY 9 billion in loans from Pilkington International Holdings BV, with the same amount being renewed upon maturity[77] - The company’s total related party debts at the end of the period amounted to CNY 17,867.52 million, with significant transactions involving joint ventures and affiliated companies[84] Employee and Management Information - The company employed a total of 3,032 staff, including 190 in the parent company and 2,842 in major subsidiaries[124] - The total remuneration for directors, supervisors, and senior management in the current year amounted to 5.638 million yuan[122] - The company executed 498 training sessions throughout the year, with a total of 1,108 participants, enhancing employee skills and competencies[126] Future Outlook - The glass industry is facing a supply-demand imbalance, with excess capacity leading to continued price pressure and an uncertain market outlook for 2016[64] - The strategic focus for 2016 includes expanding market presence and enhancing the integration of upstream and downstream operations[66] - The company aims to mitigate risks from industry fluctuations and raw material price volatility by increasing R&D investment and improving cost control[66]
耀皮玻璃(600819) - 2015 Q3 - 季度财报
2015-10-28 16:00
Financial Performance - Net profit attributable to shareholders was a loss of CNY 89,389,132.09, compared to a profit of CNY 35,604,454.40 in the same period last year[7]. - Operating revenue decreased by 8.44% to CNY 1,979,534,781.43 for the year-to-date period[7]. - Operating profit showed a loss of ¥132,868,924.14, worsening from a loss of ¥34,306,907.06 in the previous year, indicating a decline in revenue and gross margin[12]. - Total revenue for Q3 2015 was approximately ¥734.31 million, a decrease of 1.3% compared to ¥748.29 million in Q3 2014[27]. - Year-to-date revenue for the first nine months of 2015 reached approximately ¥1.98 billion, down 8.4% from ¥2.16 billion in the same period last year[27]. - The company reported a net operating loss of approximately ¥30.60 million for Q3 2015, compared to a loss of ¥17.57 million in Q3 2014[28]. - Net profit for Q3 2015 was a loss of ¥22,646,423.27, compared to a loss of ¥14,667,546.42 in Q3 2014[30]. - The total profit for Q3 2015 was ¥9,968,246.73, compared to ¥51,470,858.08 in Q3 2014[32]. Cash Flow - Cash flow from operating activities increased by 81.22% to CNY 239,541,334.27 year-to-date[7]. - Cash flow from operating activities rose to ¥239,541,334.27, an increase of 81.22% from ¥132,182,075.56 in the same period last year, attributed to improved cash management practices[13]. - Cash flow from investing activities improved to -¥522,026,587.46, a reduction in outflow from -¥1,230,469,825.84 in the previous year, due to decreased purchases of financial products[13]. - Cash flow from financing activities turned positive at ¥342,239,199.52, compared to a negative cash flow of -¥46,596,298.56 in the same period last year, driven by the issuance of short-term financing bonds[13]. - Operating cash inflow for the period reached ¥2,448,930,125.91, an increase of 7.9% compared to ¥2,269,485,618.72 in the previous year[35]. - Net cash flow from operating activities was ¥239,541,334.27, significantly up from ¥132,182,075.56 year-on-year, representing an increase of 81.1%[35]. - Investment cash inflow totaled ¥2,659,672,633.88, a substantial increase from ¥1,230,831,229.75 in the same period last year, marking a growth of 116.5%[36]. - Cash inflow from financing activities amounted to ¥3,027,201,509.41, up from ¥1,902,976,382.55, reflecting a growth of 59.0%[36]. - Net cash flow from financing activities was ¥342,239,199.52, compared to -¥46,596,298.56 in the previous year, indicating a turnaround[36]. Assets and Liabilities - Total assets increased by 5.56% to CNY 8,401,479,932.89 compared to the end of the previous year[7]. - Current assets totaled ¥3,634,832,392.32, an increase from ¥3,314,883,629.96 at the start of the year, with cash and cash equivalents rising to ¥439,373,640.65[20]. - The company reported a decrease in short-term borrowings to ¥1,754,019,650.00 from ¥2,050,518,130.00 at the beginning of the year, reflecting improved liquidity management[21]. - Total liabilities as of September 30, 2015, were approximately ¥3.23 billion, up from ¥2.23 billion at the beginning of the year[25]. - The company’s equity attributable to shareholders was approximately ¥2.92 billion, slightly up from ¥2.92 billion at the beginning of the year[25]. Investments and Financial Assets - The company reported a significant increase of 150.02% in available-for-sale financial assets, totaling CNY 125,009,000.00[10]. - The construction in progress increased by 108.36% to CNY 1,012,456,765.87, indicating ongoing investment in projects[10]. - Investment income increased significantly to ¥50,609,240.06, a growth of 166.67% compared to ¥18,978,239.74 in the same period last year[12]. - The company has reallocated ¥3.45 billion of raised funds, reducing the investment in the Changshu processing project to ¥2 billion for the Chongqing Yao Pi engineering glass phase II project, with ¥1.45 billion used to supplement working capital[14]. Shareholder Information - The number of shareholders reached 57,484, with the largest shareholder holding 27.69% of the shares[8].
耀皮玻璃(600819) - 2015 Q2 - 季度财报
2015-08-28 16:00
Financial Performance - The company's operating revenue for the first half of 2015 was ¥1,245,220,673.77, a decrease of 10.61% compared to ¥1,392,990,835.77 in the same period last year[17]. - The net profit attributable to shareholders of the listed company was -¥79,538,246.63, compared to a profit of ¥29,410,901.68 in the previous year, indicating a significant decline[17]. - The basic earnings per share for the first half of 2015 was -¥0.09, compared to ¥0.03 in the same period last year[18]. - The weighted average return on net assets was -2.53%, down from 0.89% in the previous year[18]. - The company reported a total comprehensive loss of -¥92,911,808.29 compared to a profit of ¥9,922,120.32 in the previous period[89]. - The net profit decreased significantly to -¥92,911,808.29 from ¥9,922,120.32, indicating a substantial loss[86]. Cash Flow - The net cash flow from operating activities increased by 80.60% to ¥182,395,185.39 from ¥100,995,834.93 in the previous year[17]. - The net cash flow from operating activities for the first half of 2015 was ¥182,395,185.39, an increase from ¥100,995,834.93 in the same period last year, representing an increase of approximately 80.5%[92]. - Cash inflow from operating activities increased to ¥1,610,461,460.86 from ¥1,371,203,570.78, a growth of approximately 17.5% year-over-year[91]. - The net cash flow from financing activities was ¥559,512,537.95, compared to ¥218,190,731.68 in the same period last year, indicating a significant increase of about 156.5%[92]. - The total cash inflow from investment activities was ¥1,679,271,370.12, significantly higher than ¥161,190,185.83 in the previous year, indicating a substantial increase in investment recovery[92]. Assets and Liabilities - Total assets at the end of the reporting period were ¥8,572,307,497.13, reflecting a 7.70% increase from ¥7,959,314,888.66 at the end of the previous year[17]. - The company reported a decrease in net assets attributable to shareholders of the listed company by 3.09% to ¥3,080,278,579.67 from ¥3,178,515,147.68 at the end of the previous year[17]. - Current assets totaled RMB 3,992,628,286.60, up from RMB 3,314,883,629.96 at the start of the period, indicating a growth of approximately 20.5%[78]. - Total liabilities amounted to CNY 4,787,537,869.57, up from CNY 4,062,935,131.43, indicating a growth of around 17.8%[82]. - The company's equity attributable to shareholders decreased to CNY 3,080,278,579.67 from CNY 3,178,515,147.68, a decline of about 3.1%[82]. Revenue Breakdown - The automotive glass business saw a revenue increase of 42.89% to ¥320,206,508.57, with a gross margin improvement of 5.28 percentage points[34]. - The domestic revenue decreased by 8.68% to ¥1,122,120,544.64, while international revenue fell by 27.29% to ¥101,539,919.49[36]. - The company's operating costs were ¥1,027,912,180.16, down 6.16% from ¥1,095,366,960.25 year-on-year[27]. Investments and Projects - The company has invested a total of 500 million RMB in various trust products with expected returns ranging from 5.60% to 11.00%[42]. - The company has committed 34.5 million RMB to the Tianjin Yaopi Engineering Glass project, with a completion rate of 99.56%[47]. - The total investment in the CS3 renovation project reached CNY 162 million, with 38% completion and CNY 61.34 million invested cumulatively[50]. - The company is accelerating the construction of the Wuhan automotive glass processing project to enhance profitability[25]. Corporate Governance - The company emphasized the importance of corporate governance and internal control, aligning with the requirements of the Company Law and the Guidelines for Corporate Governance of Listed Companies[62]. - The company will continue to enhance its governance structure and internal control systems to ensure stable and sustainable operations[62]. - The company appointed Zhonghua Certified Public Accountants (Special General Partnership) for the 2015 annual report audit and internal control audit[60]. Shareholder Information - As of the end of the reporting period, the total number of shareholders was 52,427[67]. - The total number of shares was 934,916,069, with 731,250,082 shares being tradable and 203,665,987 shares subject to restrictions[65]. - The largest shareholder, Shanghai Building Materials (Group) Co., Ltd., held 258,861,720 shares, accounting for 27.69% of the total[68]. Future Outlook - The company plans to enhance its market expansion strategies in the upcoming quarters, focusing on new product development and technological advancements[102]. - The company is exploring potential mergers and acquisitions to strengthen its market position and drive future growth[102].
耀皮玻璃(600819) - 2015 Q1 - 季度财报
2015-04-28 16:00
Financial Performance - Operating revenue decreased by 11.62% to CNY 571,721,286.62 year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 42,413,691.30, compared to a profit of CNY 8,534,608.94 in the same period last year[6] - Basic and diluted earnings per share were both CNY -0.05, indicating a loss compared to earnings of CNY 0.01 in the same period last year[6] - The company's net profit for Q1 2015 was a loss of CNY 42,413,691.30, compared to a profit of CNY 8,534,608.94 in the same period last year, indicating a significant decline[14] - Net loss for Q1 2015 was CNY 50,655,738.98, compared to a net loss of CNY 61,926.77 in the previous year[27] - The net profit for the first quarter of 2015 was a loss of ¥10,759,991.25, compared to a profit of ¥12,838,650.95 in the same period last year[29] Assets and Liabilities - Total assets increased by 6.03% to CNY 8,439,043,609.86 compared to the end of the previous year[6] - Total assets as of March 31, 2015, amounted to CNY 8,439,043,609.86, an increase from CNY 7,959,314,888.66 at the beginning of the year[22] - The company's current liabilities totaled CNY 3,272,715,209.41, slightly down from CNY 3,237,338,099.95 at the start of the year[22] - The total liabilities of the company were CNY 4,593,319,591.61, up from CNY 4,062,935,131.43 at the beginning of the year[22] - Total liabilities rose to CNY 2,842,585,678.88, up from CNY 2,227,032,647.31, indicating a 27.6% increase[25] - Current liabilities totaled CNY 1,751,385,464.99, an increase from CNY 1,614,558,151.90, marking a rise of 8.5%[25] Cash Flow - Cash flow from operating activities was CNY 34,601,015.01, a significant improvement from a negative cash flow of CNY 56,013,166.84 in the previous year[6] - The net cash flow from operating activities was CNY 34,601,015.01, a recovery from a negative cash flow of CNY -56,013,166.84 in the previous year[16] - Cash flow from operating activities generated a net cash inflow of ¥34,601,015.01, a significant improvement from a net outflow of ¥56,013,166.84 in the previous year[31] - Cash inflow from investment activities was ¥501,196,863.88, compared to ¥78,497,980.14 in the previous year, indicating a substantial increase[31] - Cash flow from financing activities generated a net inflow of ¥497,757,350.24, compared to a net outflow of ¥30,998,469.68 in the previous year[32] Shareholder Information - The number of shareholders reached 59,973, with the top ten shareholders holding a combined 77.09% of shares[9] - The company has committed to not transferring shares from its major shareholder for a specified period following a private placement[16] Inventory and Operating Costs - Inventory levels increased to CNY 824,030,528.26 from CNY 757,183,947.67, indicating a potential buildup of stock[20] - Total operating costs for Q1 2015 were CNY 635,542,844.89, down from CNY 678,171,945.59, reflecting a reduction of 6.3%[26] - The company reported a decrease in inventory from CNY 18,063.90 to CNY 9,675.80, a reduction of 46.4%[25] Investment Income - Investment income rose by 31% to CNY 8,965,954.28 compared to the previous year[12]
耀皮玻璃(600819) - 2014 Q4 - 年度财报
2015-04-22 16:00
Financial Performance - The company's operating revenue for 2014 was approximately CNY 2.86 billion, representing a 0.57% increase compared to CNY 2.85 billion in 2013[22]. - The net profit attributable to shareholders for 2014 was CNY 53.35 million, a decrease of 53.78% from CNY 115.44 million in 2013[22]. - The basic earnings per share for 2014 was CNY 0.06, down 62.50% from CNY 0.16 in 2013[22]. - The net cash flow from operating activities was CNY 228.41 million, a decline of 21.73% compared to CNY 291.83 million in 2013[22]. - The total assets at the end of 2014 were CNY 7.96 billion, a slight increase of 0.17% from CNY 7.95 billion at the end of 2013[22]. - The net assets attributable to shareholders decreased by 2.87% to CNY 3.18 billion from CNY 3.27 billion in 2013[22]. - The weighted average return on equity for 2014 was 1.63%, a decrease of 3.51 percentage points from 5.14% in 2013[23]. - Total operating costs amounted to 2.264 billion RMB, up 3.59% compared to the previous year[30]. - The company reported a net profit margin improvement, with undistributed profits increasing to ¥645,090,957.98 from ¥639,411,459.37, a rise of 0.11%[176]. - The total profit for the current period was ¥42,976,216.03, down from ¥86,146,536.12, indicating a decrease of about 50.1%[182]. Cash Flow and Investments - The net cash flow from operating activities was CNY 228,414,832.31, a decrease of 21.6% compared to the previous year[189]. - The company reported a significant increase in cash received from investment redemption, totaling 2,306,703,055.27 yuan, a 539.39% increase year-on-year[47]. - The company reported a net cash outflow from investment activities of 1,463,655,724.58 yuan due to investments in new projects and financial products[47]. - The total cash inflow from investment activities reached CNY 2,386,214,672.35, significantly up from CNY 409,089,928.84 in the prior year[189]. - The cash outflow for investment activities was CNY 4,621,512,793.01, a substantial increase from CNY 502,205,599.27 in the prior year[192]. - The company experienced a net decrease in cash and cash equivalents of CNY 985,416,271.64, contrasting with an increase of CNY 699,590,392.55 in the previous year[193]. Research and Development - Research and development expenses increased by 9.21% to 72.36 million RMB, reflecting a commitment to innovation[34]. - New product developments included ultra-thin automotive glass and N series low-E glass, which filled domestic technology gaps and improved profitability[36]. - The company plans to increase R&D investment to develop new products and explore new markets to mitigate demand volatility risks[72]. Strategic Focus and Market Conditions - The company’s strategic focus on differentiated products led to a significant increase in high-tech, high-value-added product sales[31]. - The company plans to focus on high-tech, energy-saving, and environmentally friendly glass products, which are expected to have significant growth potential[69]. - The glass industry is facing significant challenges, including reduced demand due to a downturn in the real estate sector, leading to a historical low in new construction area and investment growth[68]. - In 2015, the glass industry is expected to continue facing pressure on prices, particularly for float glass products, due to serious overcapacity in the mid-to-low-end market[69]. - The company anticipates continued decline in the glass industry due to oversupply and competition, with a focus on maintaining stable development through differentiated competition and innovation[71]. Shareholder and Governance - The company has established a cash dividend policy, distributing 0.40 RMB per 10 shares in 2014, totaling approximately 37.4 million RMB[75]. - The company’s total share capital increased to 934,916,069 shares following the issuance of new shares[103]. - The largest shareholder, Shanghai Building Materials (Group) Co., Ltd., holds 258,861,720 shares, representing 27.69% of total shares[107]. - The company has a robust governance structure with independent directors contributing to its oversight and strategic decisions[130]. - The board of directors consists of 7 members, including 3 independent directors, who actively participate in meetings and decision-making processes[152]. Employee and Management - The total number of employees in the parent company is 295, while the total number of employees in major subsidiaries is 2,633, resulting in a combined total of 2,928 employees[136]. - The company executed 502 training sessions throughout the year, with a total of 1,011 participants, enhancing employee skills and competencies[139]. - The total compensation for senior management during the reporting period amounted to approximately 799.5 million yuan, reflecting the company's investment in leadership[126]. Financial Position - The company reported a total current assets of RMB 3,314,883,629.96 as of December 31, 2014, a decrease from RMB 3,433,711,008.09 at the beginning of the year, representing a decline of approximately 3.5%[174]. - The company's non-current assets totaled RMB 4,644,431,258.70 at the end of 2014, an increase from RMB 4,511,748,325.69 at the beginning of the year, indicating a growth of about 2.9%[174]. - The company’s cash and cash equivalents decreased to RMB 374,081,933.26 from RMB 1,575,474,170.06, reflecting a significant decline of approximately 76.3%[174]. - Total liabilities amounted to ¥4,062,935,131.43, slightly up from ¥4,021,727,068.15, indicating a growth of 1.00%[175]. - Owner's equity totaled ¥3,896,379,757.23, down from ¥3,923,732,265.63, reflecting a decrease of 0.70%[176].