Financial Performance - In Q1 2024, the company's operating revenue was CNY 697,687,177.34, a decrease of 34.96% compared to the same period last year[15] - The net profit attributable to shareholders of the listed company was CNY 86,803,384.79, down 33.98% year-on-year[15] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 70,451,033.49, reflecting a decline of 37.35%[15] - Basic earnings per share were CNY 0.08, down 38.46% compared to the previous year[15] - The net profit for Q1 2024 was CNY 85,664,813.22, a decrease of 34.7% compared to CNY 131,032,018.72 in Q1 2023[33] - The company's operating profit for the quarter was CNY 96,418,018.17, a decrease of 38.3% from CNY 156,324,138.87 in the same quarter last year[33] - The total comprehensive income for Q1 2024 was CNY 85,664,813.22, compared to CNY 131,032,018.72 in Q1 2023, marking a decrease of 34.7%[34] Assets and Liabilities - Total assets increased to CNY 13,946,926,556.85, a rise of 0.97% from the end of the previous year[7] - The equity attributable to shareholders of the listed company was CNY 9,896,623,399.74, up 0.64% from the previous year-end[7] - Total liabilities as of March 31, 2024, were RMB 4,041,660,251.61, compared to RMB 3,968,082,975.69 at the end of 2023[29] - The company’s total liabilities increased to CNY 7,752,773,462.46, compared to CNY 7,570,995,146.86 in the previous year, reflecting an increase of about 2.4%[43] Cash Flow - The net cash flow from operating activities was negative at CNY -424,607,079.07, indicating a decrease in cash inflow[15] - Cash and cash equivalents as of March 31, 2024, were RMB 1,742,308,008.97, slightly up from RMB 1,732,341,533.91 at the end of 2023[26] - The cash flow from financing activities showed a net inflow of CNY 507,701,253.87, significantly higher than CNY 66,151,600.00 in Q1 2023[38] - Total cash inflow from operating activities was $793.56 million, a decrease from $893.73 million in the previous year[52] - The company reported a total cash outflow from operating activities of $1.22 billion, down from $1.36 billion year-over-year[52] Operating Costs and Expenses - Total operating costs for Q1 2024 were RMB 618,616,407.98, down 34.1% from RMB 940,341,919.98 in Q1 2023[31] - Research and development expenses for Q1 2024 amounted to RMB 31,923,247.69, a decrease of 45.1% compared to RMB 58,285,099.79 in Q1 2023[31] Shareholder Information - The number of common shareholders at the end of the reporting period was 57,514[20] - The top ten unrestricted shareholders held a total of 3,340,246 shares, representing a significant portion of the company's equity[23] Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 12,024,300.79 during the period[7] - Non-recurring gains and losses included a loss from the disposal of non-current assets amounting to CNY -1,137,672.46[7] Inventory and Accounts Receivable - The company reported a significant increase in inventory, which rose to CNY 845,760,320.85 from CNY 652,271,845.08, indicating a growth of approximately 29.7%[43] - Accounts receivable increased to RMB 1,464,925,858.70 in Q1 2024 from RMB 1,434,967,789.52 in Q4 2023[26] Borrowings - The company’s long-term borrowings increased to RMB 721,840,000.00 in Q1 2024 from RMB 481,255,789.97 in Q4 2023[29] Accounting Standards - The company did not apply new accounting standards for the current year[54]

[Table_FinchinaDetail] 利润表(人民币 百万) 现金流量表(人民币 百万) 年结日：12 月 31 日 2022 2023 2024E 2025E 2026E 年结日：12 月 31 日 2022 2023 2024E 2025E 2026E 营业总收入 4,865 4,656 5,336 6,295 7,464 净利润 344 479 698 797 956 营业收入 4,865 4,656 5,336 6,295 7,464 折旧摊销 253 380 508 618 710 营业成本 4,240 3,787 4,400 5,171 6,134 营运资金变动 498 502 (3) (204) (29) 营业税金及附加 26 29 32 33 40 其他 (913) (744) (285) (201) (252) 销售费用 37 40 43 47 52 经营活动现金流 182 616 917 1,010 1,386 管理费用 156 176 171 201 231 资本支出 (1,179) (1,800) (800) (800) (750) 研发费用 222 259 267 283 3 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for future performance [6][15]. Core Insights - The company is actively expanding its nuclear power and alloy steel businesses, which opens up growth opportunities. It has completed trial production and performance testing of nuclear waste storage tanks and has successfully developed special alloy steel products, achieving significant revenue growth in the alloy steel segment [1][14]. - The company has improved its profitability significantly in 2023, with a notable increase in gross margin and net margin due to cost control measures and efficiency improvements [14][15]. - The company has established a substantial casting capacity of 700,000 tons and is progressing on a large casting processing project, which is expected to enhance its profit margins [3][14]. Financial Performance - In 2023, the company reported a revenue of 4.556 billion yuan, a decrease of 4.30% year-on-year, while the net profit attributable to shareholders increased by 39.84% to 482 million yuan [4][14]. - The gross margin improved to 18.66%, up 5.82 percentage points year-on-year, and the net profit margin increased to 10.28%, reflecting enhanced operational efficiency [14][15]. - The company plans to distribute a cash dividend of 0.28 yuan per share to all shareholders [4]. Future Projections - The company is expected to achieve net profits of 647 million yuan, 812 million yuan, and 937 million yuan for the years 2024 to 2026, respectively, with corresponding EPS of 0.63 yuan, 0.79 yuan, and 0.91 yuan [15]. - The current stock price corresponds to a P/E ratio of 19 for 2024, 15 for 2025, and 13 for 2026, indicating potential for future growth [15].

二零二三年一季度实现就是出货十万吨啊收入实现了十点十点六个亿那么毛利率啊是实现了百分之二十点十八啊二季度嗯就是收入实现了啊就是出货啊十二万吨啊收入的话是十三点十三亿啊那毛利率的话是二十二点七五啊三季度 三季度的话就是说实际上那就出货啊11万顿啊收入实现了11.17亿顿啊11.17亿毛利率是15.26四季度啊收入实现了11.85万顿都就是出货收入的话是11.38亿啊就是毛利率是14.49啊 全年的话实现了就是出货44.75万吨销售收入是46.56亿那么毛利率全年的话综合毛利率是18.38大概是这样一个情况那么就全年的话就是总体就是租资机出货实现了就是实际上收入是6.7万吨风电是37.5万 37.5万对其他的业务包括铸钢业务6200对那收入的话注册机是5.3个亿那么封店是40个亿其他的话是8500万总体的话是46亿多点大概就是说2023年的就是整个一个就是财务数据跟大家就是分享到这里 这是第一个第一个方面第二个方面的话就是说给大家分享一下2023年度整个公司面临着行业的变化在做哪些事情给大家做个分享首先就是做产能的提升这一块的话 应该来讲就是说到就是2023年度的就是年终就是我们开半年度会议的时候给大家一个交流当 ...

Investment Rating - The report maintains a "Recommended" rating for the company, considering the gradual release of industry demand and the upcoming realization of new quality production capacity [2][12]. Core Views - In 2023, the company achieved operating revenue of 4.656 billion yuan, a year-on-year decrease of 4.30%, while net profit attributable to shareholders increased by 39.84% to 482 million yuan [1][2]. - The company is expected to see revenue growth in the coming years, with forecasts of 5.69 billion yuan in 2024, 7.21 billion yuan in 2025, and 8.00 billion yuan in 2026, representing growth rates of 22.3%, 26.6%, and 10.9% respectively [2][3]. - The net profit attributable to shareholders is projected to reach 700 million yuan in 2024, 830 million yuan in 2025, and 960 million yuan in 2026, with growth rates of 44.9%, 18.9%, and 16.1% respectively [2][3]. Financial Performance Summary - The company's gross profit margin improved to 18.66% in 2023, an increase of 5.82 percentage points year-on-year, while the net profit margin rose to 10.28%, up by 3.21 percentage points [10]. - The company has made significant progress in capacity expansion, achieving a production capacity of 700,000 tons for castings and 320,000 tons for precision machining, with additional projects underway [10]. - The financial indicators for 2023 show a net profit margin of 10.34%, a current ratio of 2.54, and a debt-to-asset ratio of 28.73% [5][16].

Investment Rating - The report maintains an "Accumulate" rating for the company [1] Core Views - The company reported a revenue of 4.66 billion RMB in 2023, a decrease of 4.3% year-on-year, while the net profit attributable to shareholders was 480 million RMB, an increase of 39.8% year-on-year [1] - The fourth quarter saw a revenue of 1.13 billion RMB, down 26.8% year-on-year and 0.7% quarter-on-quarter, with a net profit of 129 million RMB, down 25.9% year-on-year but up 108.1% quarter-on-quarter [1] - The improvement in profit quality is attributed to a decrease in raw material prices and technological advancements, leading to a gross margin of 18.31%, an increase of 5.95 percentage points year-on-year [1] - The company achieved an operating cash flow of 616 million RMB in 2023, a significant increase of 238.0% year-on-year, due to enhanced customer management and collection of overdue payments [1] - The company is accelerating the development of precision processing capacity, with a current casting capacity of 700,000 tons and precision processing capacity of 320,000 tons, aiming to improve integrated delivery capabilities [1] - Continuous increase in R&D investment, with a research expense ratio of 5.56% in 2023, up 1.00 percentage points year-on-year, focusing on the development of ductile iron technology [1] Summary by Sections Financial Performance - In 2023, the company achieved a revenue of 4.66 billion RMB, with a year-on-year growth rate of -4.3% and a net profit of 480 million RMB, reflecting a growth rate of 39.8% [8] - The projected net profits for 2024 and 2025 are revised down to 694 million RMB (-19.8%) and 836 million RMB (-17.6%) respectively, with an expected net profit of 949 million RMB in 2026 [6] Operational Analysis - The company’s revenue from ductile iron products was 4.50 billion RMB in 2023, down 4.8% year-on-year, with a gross margin of 18.31% [1] - The direct material costs for ductile iron products decreased by 24.6% year-on-year, primarily due to lower raw material prices and reduced consumption from technological improvements [1] Cash Flow and Management - The operating cash flow improved significantly to 616 million RMB, driven by better management of customer payments and an optimized customer structure [1] - The company is focusing on enhancing its integrated delivery capabilities to mitigate the impact of raw material price fluctuations [1] Research and Development - The company increased its R&D spending, with a focus on ductile iron technology, which is expected to open new growth opportunities in various sectors [1]

1、 专项审计报告 2、 附表 委托单位：日月重工股份有限公司 审计单位：立信会计师事务所（特殊普通合伙） 联系电话：021-23280000 关于日月重工股份有限公司 非经营性资金占用及其他关联资金往来情况 汇总表的专项审计报告 目录 市 信 久 目 i 12 14 上的组织单 日月重工股份有限公司 非经营性资金占用及其他关联资金 往来情况的专项报告 2023 年度 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http:///ac.mof.gov.cn）"进行查额 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http:///ac.mof.teov.co）"进行查额" 立信会计师事务所(特殊普通合伙) DO CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTANTS LLP 关于日月重工股份有限公司 非经营性资金占用及其他关联资金往来情况 的专项报告 信会师报字[2024]第 ZF10470 号 日月重工股份有限公司全体股东: 我们审计了日月重工股份有限公司(以下简称"日月股份公 司")2023年度的财务报表,包括 2023年 12 月 31 日的 ...

证券代码：603218 证券简称：日月股份 公告编号：2024-022 日月重工股份有限公司 2023 年度募集资金存放与实际使用情况专项报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 根据中国证券监督管理委员会（以下简称"中国证监会"）《上市公司监管 指引第 2 号——上市公司募集资金管理和使用的监管要求》《上海证券交易所上 市公司自律监管指引第 1 号——规范运作》及相关格式指引的要求，现将日月重 工股份有限公司（以下简称"公司"）2023 年度的募集资金存放与实际使用情况 报告如下： 一、募集资金基本情况 （一）公开发行可转换公司债券的募集资金存放与管理情况 1、公开发行可转换公司债券的实际募集资金金额、资金到位情况经中国证监 会证监许可[2019]2290 号《关于核准日月重工股份有限公司公开发行可转换公司 债券的批复》核准，公司向社会公开发行 1,200,000,000.00 元人民币可转换公司 债券，每张面值 100 元人民币，共 12,000,000 张，期限为 6 年。 公司实际已向社会公开发行可转换公司 ...

证券代码：603218 证券简称：日月股份 公告编号：2024-021 日月重工股份有限公司 2023 年度利润分配方案公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 每股分配比例：每股派发现金红利 0.28 元（含税） （一）审计委员会及独立董事专门会议意见 本次利润分配以实施权益分派股权登记日登记的总股本扣除公司回购专用 账户的股份余额为基数，具体日期将在权益分派实施公告中明确 在实施权益分派的股权登记日前公司可参与利润分配的总股本或回购专用 账户中的股份发生变动的，拟维持每股分配比例不变，相应调整分配总额,并将另 行公告具体调整情况 一、利润分配方案内容 经立信会计师事务所（特殊普通合伙）审计，日月重工股份有限公司（以下 简称"公司"）2023 年度共实现归属于上市公司股东的净利润 481,507,348.76 元，截至 2023 年 12 月 31 日，母公司可供分配的利润为 975,887,893.09 元。 为积极回报股东，与所有股东分享公司发展的经营成果，根据《公司章程》 《公司未来三年（2 ...

证券代码：603218 证券简称：日月股份 公告编号：2024-032 日月重工股份有限公司 关于召开 2023 年年度股东大会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、 召开会议的基本情况 (一) 股东大会类型和届次 2023 年年度股东大会 召开的日期时间：2024 年 6 月 20 日 14 点 30 分 召开地点：日月重工股份有限公司行政楼会议室（浙江省宁波市鄞州区东吴 镇北村村） 股东大会召开日期：2024年6月20日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 (四) 现场会议召开的日期、时间和地点 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2024 年 6 月 20 日 至 2024 年 6 月 20 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间 ...