2018 年第三季度报告 公司代码：603161 公司简称：科华控股 科华控股股份有限公司 2018 年第三季度报告 1 / 20 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 8 | 2018 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 公司全体董事以通讯表决方式出席董事会审议季度报告。 1.3 公司负责人陈洪民、主管会计工作负责人王志荣及会计机构负责人（会计主管人员）王志荣 保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 3 / 20 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 2,969,047,537.51 2,100,177,415.86 41.37 归属于上市公司股东的 ...

Financial Performance - The company's operating revenue for the first half of the year reached ¥617.41 million, a 53.07% increase compared to ¥403.36 million in the same period last year[21]. - Net profit attributable to shareholders decreased by 16.10% to ¥48.14 million from ¥57.37 million year-on-year[21]. - The basic earnings per share fell by 33.33% to ¥0.38 from ¥0.57 in the previous year[22]. - The weighted average return on equity decreased by 5.40 percentage points to 4.33% from 9.73% year-on-year[22]. - The company reported non-recurring gains of ¥6.44 million during the reporting period, primarily from government subsidies[26]. - Net profit for the period was 48,136,000 RMB, a decrease of 16.10% compared to the previous year, primarily due to increased labor costs and rising raw material costs[36]. - Operating costs rose by 72.78% to 468,454,646.78 RMB, reflecting the increase in revenue and production scale[38]. - The company reported a total comprehensive income of CNY 48,136,026.20 for the period[101]. Assets and Liabilities - The company's total assets increased by 31.73% to ¥2.77 billion from ¥2.10 billion at the end of the previous year[21]. - Total current assets increased to ¥1,427,803,604.52, up from ¥967,317,050.32, representing a growth of approximately 47.6%[82]. - Total liabilities amounted to ¥1,576,213,313.07, compared to ¥1,442,379,371.98, showing an increase of about 9.3%[84]. - Owner's equity increased to ¥1,190,404,845.28 from ¥657,798,043.88, representing a substantial growth of approximately 81.0%[84]. - The company reported a significant increase in accounts payable, which rose to ¥279,518,849.74 from ¥257,216,044.14, reflecting an increase of approximately 8.7%[84]. Cash Flow - The net cash flow from operating activities decreased by 96.60% to 1,810,169.99 RMB, attributed to slower collection of sales receivables[38]. - The company reported a net cash outflow from investing activities of ¥444.1 million, compared to a net outflow of ¥181.8 million last year[96]. - The total cash and cash equivalents at the end of the period amounted to CNY 143,814,653.97, up from CNY 65,364,007.05 at the end of the previous year[99]. - The company received cash from sales of goods and services totaling ¥419.8 million, slightly higher than ¥405.8 million in the previous period[95]. Shareholder Information - The company issued 33,400,000 new ordinary shares, increasing the total share capital to 133,400,000 shares[71]. - The top shareholder, Chen Hongmin, holds 47,360,000 shares, representing 35.50% of the total shares[73]. - The total number of shares held by the top five shareholders is 89,800,000, which constitutes 67.31% of the total shares[73]. - The largest restricted shareholder, Chen Hongmin, has 47,360,000 shares subject to a lock-up period until January 6, 2021[76]. Corporate Governance and Compliance - The company has a dedicated securities department for information disclosure and report availability[18]. - The company has not reported any significant changes in its basic situation during the reporting period[17]. - The company has not engaged in non-operating fund occupation by controlling shareholders or related parties[7]. - There were no significant lawsuits or arbitration matters during the reporting period[58]. - The company has complied with national environmental laws and regulations, obtaining the necessary discharge permits[66]. Research and Development - The company is focusing on enhancing its R&D capabilities and has established a technology research center to support innovation[30]. - Research and development expenses increased by 6.17% to 29,757,019.04 RMB, aligning with the company's strategic planning[40]. - The company has developed multiple technologies with independent intellectual property rights, enhancing its competitive edge in the market[35]. Market Position and Industry Trends - The company has established stable strategic partnerships with major turbocharger manufacturers such as Honeywell and BorgWarner, enhancing its market position[25]. - The automotive industry in China saw a production and sales increase of 4.2% and 5.6% respectively in the first half of the year, indicating a positive market trend for turbocharger components[27]. Financial Reporting and Audit - The financial report has not been audited, ensuring the accuracy and completeness of the financial data presented[5]. - The company appointed Crowe Horwath as the auditing firm for the 2018 fiscal year[57]. - The financial statements are prepared based on the accrual basis of accounting, reflecting the company's financial position and operating results accurately[122]. Risk Factors - The company has identified risks including financial pressure, human resource constraints, and adverse market environment changes[7]. - The company faces funding pressure due to the capital-intensive nature of the turbocharger component industry[51]. - The company is experiencing human resource constraints as it expands production capacity and needs to recruit specialized talent[51].

2018 年第一季度报告 公司代码：603161 公司简称：科华控股 科华控股股份有限公司 2018 年第一季度报告 1 / 18 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 5 | | 四、 | 附录 7 | 2018 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 非经常性损益项目和金额 √适用 □不适用 单位：元币种：人民币 | 项目 | 本期金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益 | 221,058.13 | | | 计入当期损益的政府补助，但与公司正常经营业务密切相关，符合国 | 2,660,854.99 | | | 家政策规定、按照一定标准定额或定量持续享受的政府补助除外 | | | 3 / 18 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 2,671,084,644.85 2,100,177,415.86 27.18 归属于上市公司股东的净资产 1,200,066,080.80 657,798,043.88 8 ...

Financial Performance - The net profit attributable to shareholders for 2017 was RMB 106,568,011.57, with undistributed profits amounting to RMB 287,954,792.70 as of December 31, 2017[5]. - The company's operating revenue for 2017 was CNY 916,951,118.60, representing a 24.78% increase compared to CNY 734,858,276.86 in 2016[24]. - The net profit attributable to shareholders for 2017 was CNY 106,568,011.57, which is a 6.21% increase from CNY 100,338,580.60 in 2016[25]. - The total assets at the end of 2017 reached CNY 2,100,177,415.86, marking a 52.60% increase from CNY 1,376,301,944.28 in 2016[25]. - The basic earnings per share for 2017 was CNY 1.07, up 7.00% from CNY 1.00 in 2016[26]. - The weighted average return on equity for 2017 was 17.50%, a decrease of 2.01 percentage points from 19.51% in 2016[26]. - The net cash flow from operating activities for 2017 was CNY 410,470.43, a significant decrease of 99.19% compared to CNY 50,859,340.57 in 2016[25]. - The company's net assets attributable to shareholders at the end of 2017 were CNY 657,798,043.88, reflecting a 16.27% increase from CNY 565,746,191.68 in 2016[25]. - The net profit after deducting non-recurring gains and losses for 2017 was 6,520,611.83 RMB, compared to 3,103,097.97 RMB in 2016, reflecting a significant increase[31]. Revenue and Sales - The company's main business revenue from turbocharger components accounted for over 80% of total revenue, indicating strong specialization in the automotive parts sector[9]. - The company achieved operating revenue of 916.95 million yuan, a year-on-year increase of 24.78%[44]. - The revenue from intermediate shells and their components increased by 46.75%, while turbine shells and their components grew by 16.56%[45]. - The company reported a quarterly operating revenue of CNY 288,653,151.56 in Q4 2017, which was the highest among the four quarters[28]. - The overseas revenue increased by 62.16%, amounting to an additional 96.78 million yuan compared to last year[46]. - The company's total sales revenue for the year reached 77,002.70 million RMB, accounting for 83.98% of the annual sales total from the top five customers[63]. Dividends and Profit Distribution - The company plans to distribute cash dividends of RMB 2.4 per 10 shares, totaling no more than RMB 32,016,000.00[5]. - In 2017, the company distributed a cash dividend of 2.4 RMB per 10 shares, totaling 32,016,000 RMB, which represents 30.04% of the net profit attributable to ordinary shareholders[97]. - The cash dividend policy requires a minimum of 10% of the distributable profit to be distributed in cash annually, with a cumulative distribution of at least 30% of the average annual distributable profit over the last three years[92]. - The profit distribution policy must be approved by more than two-thirds of the voting rights at the shareholders' meeting[93]. - The company must disclose reasons if it does not propose a cash profit distribution plan despite having positive distributable profits[98]. Risks and Challenges - Risks include potential impacts from macroeconomic fluctuations on the automotive industry, which could lead to reduced orders and affect production[10]. - The company acknowledges the risk of policy changes affecting the automotive market, which could impact business operations[9]. - The company is exposed to raw material price volatility, particularly for nickel, pig iron, and scrap steel, which can influence procurement costs and profit margins[10]. - The company has established a price adjustment mechanism linked to nickel prices to mitigate the impact of price fluctuations on high-nickel products[10]. - The company faces funding pressures due to its capital-intensive nature and reliance on self-accumulation and bank loans for expansion[88]. Strategic Partnerships and Market Position - The company has established stable strategic partnerships with global turbocharger manufacturers such as Honeywell and BorgWarner, enhancing its market position[34]. - The company aims to enhance cooperation with OEM clients and focus on cost advantages and technological innovation to drive growth in the turbocharger component sector[82]. - The company intends to expand its international market presence, particularly in Asia and Europe, leveraging partnerships with major turbocharger manufacturers[85]. Research and Development - The company invested 59.59 million yuan in R&D, marking a 4.69% increase from the previous year[46]. - The company has implemented a lean management system across R&D, procurement, production, and quality inspection processes[41]. - The company has formed stable long-term partnerships with well-known turbocharger manufacturers such as Honeywell and BorgWarner[43]. - The company has established a post-doctoral innovation practice base and is collaborating with Jiangsu University to cultivate post-doctoral researchers[39]. - The company will enhance its technology development capabilities by optimizing existing technical resources and establishing a postdoctoral innovation practice base[86]. Governance and Compliance - The company has not violated decision-making procedures for external guarantees, maintaining compliance with regulations[7]. - The company has a strong governance structure in place, compliant with relevant laws and regulations, ensuring proper operation of shareholder meetings and board activities[151]. - The company has consistently fulfilled its social responsibilities, contributing to poverty alleviation and job creation[113]. - The company has not disclosed any significant internal control deficiencies during the reporting period[154]. Employee and Management Structure - The company has a total of 316 technical personnel among its employees, indicating a focus on technical expertise[145]. - The company has implemented a training program to ensure employees receive adequate training in production and management skills annually[148]. - The company experienced a stable management structure with no significant changes in key personnel, including the resignation of Deputy General Manager Xu Shuangming on April 21, 2017[137]. - The total compensation for all directors, supervisors, and senior management during the reporting period amounted to 6.2964 million yuan[142].