资料来源：聚源数据 固定资产 2,080.66 2,183.94 1,915.24 1,646.53 1,377.82 资产/信用减值损失 (56.78) (37.83) (40.00) (40.00) (40.00) 负债合计 4,154.17 4,057.35 5,222.91 4,989.75 5,643.82 资产负债率 48.56% 47.65% 50.74% 47.81% 48.96% EV/EBIT 9.64 9.70 16.82 11.00 11.62 应收票据及应收账款 1,000.65 1,015.20 1,749.09 1,565.25 2,263.27 营业成本 4,030.77 3,789.61 5,136.45 6,158.89 7,108.22 应付债券 0.00 0.00 0.00 0.00 0.00 归属于母公司净利润 493.62 538.43 701.90 822.13 923.82 资料来源：公司公告，天风证券研究所 资产总计 8,554.99 8,514.61 10,293.26 10,435.55 11,528.44 营业外收入 1.64 1.76 1.83 1.7 ...

1、公司整体情况及行业分析  公司在2023年面临内忧外患，行业整体低迷，产量下降至近十年来的低位，同 比下降11%。公司通过去库存、调结构和技术创新，为2024年及以后的复苏做准 备。  2023年内销市场前低后高，全年工业缝纫机销售量同比下降20%，出口同比下降 15.62%。  2024年初出口数据显示上升趋势，1至2月份增长13%，1至3月份整体趋势上 扬。  公司预计2024年行业将呈现前低、中稳、后高的态势，国内行业逐步复苏回暖。 2、公司业绩与市场表现  公司2023年收入同比略微下降3.78%，利润同比增长9.08%，经营现金流同比增 长65.86%。  2024年第一季度公司营收增长12.56%，净利润同比增长67.56%，经营现金流略 有下降。  公司市占率有所提升，八家上市公司中市占率提升七个点，国内百家整机企业中 市占率提升至25.2%。 3、产品与市场战略  公司专注于打造爆品，实现价值营销，通过柔性生产提升运营效率。  快反王产品在国内市场表现良好，2023年预定量超过15万台，全年销量约20 万台。2024年公司将加大国内外发布力度。  海外市场将聚焦爆品推广 ...

24Q1 业绩超预期，盈利能力提升 汇率变动及产品结构影响，公司工业缝纫机、衬衫及牛仔自动缝制设备毛利率 | --- | --- | --- | --- | --- | |----------------------------|--------|----------------------------------|--------|--------| | | | | | | | 营业收入（百万元） | | 5293.88 6636.33 8692.85 10946.09 | | | | 增长率 | -3.78% | 25.36% | 30.99% | 25.92% | | 归属母公司净利润（百万元） | | 538.43 681.64 880.74 1110.71 | | | | 增长率 | 9.08% | 26.60% | 29.21% | 26.11% | | 每股收益 EPS （元） | | 1.11 1.41 1.82 2.29 | | | | 净资产收益率 ROE | 12.12% | 13.69%15.36% | | 16.65% | | PE | | 22 17 13 11 | | | | P ...

· 公司在 2023年面临内忧外患,行业整体低迷,产量下降至近十年来的低位，同 比下降 11%。公司通过去库存、调结构和技术创新,为 2024年及以后的复苏做准 备。 2023年内销市场前低后高,全年工业缝纫机销售量同比下降20%,出口同比下降 15.62%。 2024年初出口数据显示上升趋势,1至2月份增长 13%,1至3月份整体趋势上 扬。 ● 2024 年第一季度公司营收增长 12.56%，净利润同比增长 67.56%，经营现金流略 有下降。 1、公司整体情况及行业分析 • . · 公司预计2024年行业将呈现前低、中稳、后高的态势,国内行业逐步复苏回暖。 2、公司业绩与市场表现 公司 2023年收入同比略微下降 3.78%,利润同比增长 9.08%,经营现金流同比增 长65.86%。 . · 公司市占率有所提升,八家上市公司中市占率提升七个点,国内百家整机企业中 市占率提升至25.2%。 3、产品与市场战略 · 公司专注于打造爆品,实现价值营销,通过柔性生产提升运营效率。 . 快反王产品在国内市场表现良好,2023年预定量超过15 万台,全年销量约20 万台。2024年公司将加大国内外发布力度。 海外 ...

环境、社会和公司治理（ESG）报告 1 | 关于本报告 | 01 | | --- | --- | | 董事长致辞 | 03 | | 慈善专题 | | | 缝机连服企,济困为播善 | 05 | | 创新专题 | | | 成套智联,让服装智造无限可能 | 07 | | 走进杰克股份 | 11 | | P | | | | --- | --- | --- | | | 创新引领- | 运营篇 | | | 智能制造 | 25 | | | 质量管理 | 34 | | | 客户服务 | 37 | | છે | 05 | | | --- | --- | --- | | | 行稳致远一 | 治理篇 | | | 公司治理 | 87 | | | 风控合规 | 90 | | | 知识产权管理 | 92 | | | 信息安全管理 | 94 | | | 党建强基 | gg | | 乡村振兴 | 107 | | --- | --- | | 社会公益 | 108 | 环境、社会和公司治理（ESG）报告 | র্তা | 02 | | | --- | --- | --- | | | 赋能协同- | -行业篇 | | | 可持续供应链 | 45 ...

[Table_Profit] 基本状况 总股本(百万股) 484 流通股本(百万股) 474 市价(元) 24.13 市值(百万元) 11,689 流通市值(百万元) 11,427 [Table_Title] 评级：增持(维持) 市场价格：24.13 元 分析师：王可 执业证书编号：S0740519080001 Email：wangke03@zts.com.cn Email：zhengym@zts.com.cn 公司持有该股票比例 相关报告 1 2023Q3 收入反弹，看好行业周期与 公司成长共振 2 2023Q2 业绩大超市场预期，看好行 业周期反弹 3 缝纫机械设备龙头，行业周期与公 司成长共振 ◼ 事件：公司发布 2023 年年报和 2024 年一季报，2023 年，公司实现营业收入 52.94 亿元，同比下降 3.78%，实现归母净利润 5.38 亿元，同比增长 9.08%，实现扣非归 母净利润 4.69 亿元，同比增长 7.27%；2024 年一季度，公司实现营业收入 16.29 亿 元，同比增长 12.56%；实现归母净利润 1.88 亿元，同比增长 67.56%；实现扣非归 母净利润 1.64 ...

Financial Performance - The company's total operating revenue for Q1 2024 reached ¥1,628,830,616.29, an increase of 12.5% compared to ¥1,447,023,700.38 in Q1 2023[16] - Net profit attributable to shareholders was ¥67.56 million, primarily due to increased sales revenue[7] - Basic and diluted earnings per share were both ¥78.26, reflecting an increase in profit[7] - The company's operating revenue for Q1 2024 was CNY 1,628,830,616.29, representing a year-on-year increase of 12.56%[36] - The net profit attributable to shareholders of the listed company was CNY 187,916,127.03, reflecting a significant increase of 67.56% compared to the same period last year[36] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 164,211,862.85, up by 61.67% year-on-year[36] - Net profit for the period was $193,226,518.55, compared to $113,794,565.40 in the previous period, representing a growth of approximately 69.9%[51] - The net profit attributable to the parent company for the first quarter of 2024 is CNY 1,787,361.28, compared to CNY 429,486.11 in the same period of 2023, indicating significant growth[53] - The total comprehensive income for the first quarter of 2024 is CNY 195,013,879.83, up from CNY 114,274,472.95 in the first quarter of 2023[53] Costs and Expenses - The total operating costs for Q1 2024 were ¥1,434,127,630.40, up from ¥1,317,046,593.32 in Q1 2023, indicating a rise of 8.9%[16] - Research and development expenses increased to $103,111,334.93 from $83,362,960.23, marking a rise of about 23.7%[51] Assets and Liabilities - The total assets at the end of the reporting period were CNY 8,579,737,230.29, a slight increase of 0.76% from the end of the previous year[37] - The equity attributable to shareholders of the listed company was CNY 4,344,821,254.35, down by 0.23% from the previous year-end[37] - Current liabilities rose to $3,906,097,895.74, up from $3,822,835,156.55, indicating an increase of about 2.2%[47] - The total liabilities increased to $4,134,858,100.31 from $4,057,352,792.48, reflecting an increase of about 1.9%[47] - The company's total equity decreased slightly to $4,444,879,129.98 from $4,457,261,416.42, a decline of approximately 0.28%[48] Cash Flow - The net cash flow from operating activities was CNY 292,440,630.30, showing a decrease of 7.97% compared to the previous year[36] - The net cash flow from operating activities for the first quarter of 2024 is CNY 292,440,630.30, down from CNY 317,754,391.29 in the first quarter of 2023, representing a decrease of 7.95%[54] - Cash inflow from operating activities for the first quarter of 2024 is CNY 1,555,273,925.81, compared to CNY 1,319,043,552.83 in the first quarter of 2023, showing a growth of 17.88%[54] - Cash outflow from operating activities for the first quarter of 2024 is CNY 1,262,833,295.51, compared to CNY 1,001,289,161.54 in the same period of 2023, indicating an increase of 26.09%[54] - Cash inflow from investment activities for the first quarter of 2024 is CNY 80,717,035.79, compared to CNY 105,357,808.14 in the same period of 2023, reflecting a decline of 23.43%[54] - Cash outflow for the purchase of fixed assets and intangible assets in the first quarter of 2024 is CNY 67,691,765.35, compared to CNY 79,288,283.85 in the first quarter of 2023, indicating a decrease of 14.69%[54] Other Income and Growth - The company reported a significant increase in other income by 197.79%, attributed to government subsidies and tax refunds[7] - The company reported a significant increase in other income to $26,504,690.74 from $8,900,523.75, a growth of approximately 197.5%[51] Management and Future Plans - The company plans to continue expanding its market presence and investing in new technologies[7] - The company is led by Chairman Ruan Jixiang and Chief Accountant Lin Meifang, with the financial statements being unaudited[55]

Financial Performance - The company's operating revenue for 2023 was CNY 529,388.30 million, a decrease of 3.78% compared to CNY 550,166.13 million in 2022[31]. - Net profit attributable to shareholders for 2023 was CNY 53,842.76 million, an increase of 9.08% from CNY 49,361.58 million in 2022[31]. - The net cash flow from operating activities reached CNY 146,694.70 million, a significant increase of 65.86% compared to CNY 88,445.21 million in 2022[31]. - The weighted average return on equity for 2023 was 12.36%, a decrease of 1.18 percentage points from 13.54% in 2022[31]. - The total assets at the end of 2023 were CNY 851,461.42 million, a slight decrease of 0.47% from CNY 855,457.58 million in 2022[31]. - The company reported a basic earnings per share of CNY 1.13 for 2023, reflecting a 4.63% increase from CNY 1.08 in 2022[31]. - The net profit after deducting non-recurring gains and losses was CNY 46,874.51 million, up 7.27% from CNY 43,698.04 million in 2022[31]. - The company reported non-recurring gains of CNY 69,682.43 million for 2023, compared to CNY 56,635.31 million in 2022[38]. Dividend and Share Information - The company plans to distribute a cash dividend of 5.00 RMB per 10 shares (including tax), totaling approximately 232.61 million RMB based on the adjusted total shares after buyback[5]. - The total number of shares as of March 31, 2024, is 484,419,031, with 19,190,756 shares in the buyback account[5]. - The company reported a total of 486,039,976 shares before the recent changes, with a decrease of 1,620,945 shares, resulting in a total of 484,419,031 shares after the changes[157]. - The largest shareholder, Taizhou Jack Trading Co., Ltd., holds 190,031,519 shares, representing 39.23% of total shares[167]. - Lake Village Limited is the second-largest shareholder with 83,157,500 shares, accounting for 17.17%[167]. - The company has repurchased a total of 14,860,415 shares, accounting for 3.07% of the total share capital, with a total expenditure of approximately ¥305.40 million[193]. - The highest repurchase price was ¥22.70 per share, while the lowest was ¥17.96 per share[193]. Corporate Governance and Compliance - The audit report issued by Lixin Certified Public Accountants confirms the financial report's authenticity and completeness[4]. - The company has not disclosed any non-operational fund occupation by controlling shareholders or related parties[11]. - The company has not violated decision-making procedures for external guarantees[11]. - The company has not faced any situations that could lead to delisting[63]. - The company has not reported any overdue amounts for its financial products, indicating effective cash flow management[89]. - The company has no major changes in accounting policies or estimates that would impact financial reporting[61]. - The company has not utilized idle raised funds for temporary working capital supplementation[132]. Risk Management - The company emphasizes that forward-looking statements regarding future strategies and business developments are based on current information and do not constitute a commitment to investors[5]. - The company has detailed potential risks related to its operations in the management discussion and analysis section of the report[8]. - The company has not encountered any significant issues related to guarantees or liabilities exceeding 50% of net assets[70]. Product Development and Market Strategy - The company launched a flagship product called "Fast Response King," which gained widespread market recognition[41]. - The company faced challenges in the sewing machinery industry due to reduced demand, yet managed to achieve relatively strong performance[41]. - The company implemented a "small batch fast response" production model, achieving significant results in projects like "Listening Rain Pavilion" and "Feili Wende" to meet customer demands[48]. - The company emphasized quality improvement through strict quality control measures, significantly enhancing product stability and delivery performance[49]. - The company is committed to enhancing brand awareness and customer loyalty by optimizing channel layouts and exploring new business models[48]. - The company aims to continue focusing on customer needs and product quality to ensure sustainable development in the future[43]. Employee and Management Information - The company has a total of 6,400 employees, with 4,181 in production, 1,062 in technical roles, and 550 in sales[114]. - The company has implemented a performance evaluation mechanism for senior management, combining fixed and performance-based salaries[93]. - The company implemented a comprehensive compensation incentive system called "3+3," focusing on material, opportunity, and spiritual incentives to motivate employees[115]. - The company emphasizes training as a long-term investment, conducting various training programs to enhance business capabilities and management levels[118]. Wealth Management and Investments - The company has engaged in wealth management with various financial products, achieving an actual return of 2.77 million from a bank financial product[72]. - The company has a total of 1,000 million in bank financial products with a performance benchmark of 4.30%[72]. - The company has a planned investment of 600.00 million CNY in bank wealth management products with an expected yield of 1.86% maturing on 2023/11/23[74]. - The company has a history of investing in various bank wealth management products, with yields ranging from 1.86% to 2.65% across different products[75]. - The company has a total of 1,490.00 million CNY in various bank financial products with an expected yield of 2.38%[89]. - The investment strategy focuses on low-risk, short-term financial instruments to optimize returns while maintaining liquidity[89]. - The company has consistently utilized its own funds for investments, demonstrating a self-reliant financial strategy[89]. Shareholder Structure and Changes - The company does not have a controlling shareholder or actual controller, indicating a diversified ownership structure[190]. - The number of ordinary shareholders increased from 7,305 to 8,072 during the reporting period[185]. - The company has no other significant changes in shareholder structure or asset and liability structure during the reporting period[164]. - The company has no other significant matters that would impact investor value judgments and investment decisions[177].

杰克科技股份有限公司 募集资金管理办法 杰克科技股份有限公司 募集资金管理办法 第一章 总 则 第一条 为规范杰克科技股份有限公司（以下称"公司"）募集资金管理， 提高募集资金使用效率，根据《中华人民共和国公司法》（以下简称《公司法》）、 《中华人民共和国证券法》（以下简称《证券法》）、《首次公开发行股票注册 管理办法》《上市公司证券发行注册管理办法》《监管规则适用指引——发行类 第 7 号》《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》《上海证券交易所股票上市规则》《上海证券交易所上市公司自律监管指引 第 1 号——规范运作》等法律法规和规范性文件以及《杰克科技股分有限公司章 程》（以下称"公司章程"）的相关规定和要求，并结合公司实际情况，制定本 办法。 第二条 本办法所称募集资金是指公司通过公开发行证券（包括首次公开发 行股票、配股、增发、发行可转换公司债券、发行分离交易的可转换公司债券等） 以及非公开发行证券向投资者募集并用于特定用途的资金，但不包括公司实施股 权激励计划募集的资金。 第三条 募集资金到位后，公司应及时办理验资手续，并聘请符合《证券法》 规定的会计师事务所审验并 ...