[Table_MainInfo] 公司研究/建材/建筑材料 证券研究报告 三棵树（603737）公司年报点评 2024年04月24日 [Table_InvestInfo] 投资评级 优于大市 维持 应收压降、现金流优异，减值拖累业绩 股票数据 [Table_Summary] 0[4Ta月b2le3_日S收to盘ck价（In元fo）] 31.80 投资要点： 52周股价波动（元） 29.33-108.73 总股本/流通A股（百万股） 527/527 总市值/流通市值（百万元） 16759/16759  事件：公司公布 2023 年年报和 2024 年一季报，2023 年实现营业收入 125 相关研究 亿元、同比增长10.03%，归母净利润约1.7亿元、同比下降47.33%，扣非 [《Ta Qb 2l收e_入R提ep速o，rt现In金fo流] 优异》2023.07.31 归母净利润约 4403 万元元、同比下降 80.13%；2023Q4 营收 31 亿元、同 比下降 9.62%，归母净利润亏损 3.8 亿元、扣非归母净利润亏损 3.9 亿元； 《收入疲软、原材料高价、信用减值三座大山 均望移除》2023.04 ...

证券研究报告 | 公司动态点评 2024 年 04月 21日 三棵树（603737.SH） 收入端表现稳健，经营质量持续向好 财务指标 2022A 2023A 2024E 2025E 2026E 增持（维持评级） 营业收入（百万元） 11,338 12,476 14,111 16,783 19,428 股票信息 增长率yoy（%） -0.8 10.0 13.1 18.9 15.8 归母净利润（百万元） 330 174 726 1,018 1,229 行业 基础化工 增长率yoy（%） 179.0 -47.3 318.2 40.2 20.7 2024年4月19日收盘价（元） 30.69 ROE（%） 12.5 6.6 21.2 23.2 22.2 总市值（百万元） 16,174.01 EPS最新摊薄（元） 0.63 0.33 1.38 1.93 2.33 流通市值（百万元） 16,174.01 P/E（倍） 49.1 93.2 22.3 15.9 13.2 总股本（百万股） 527.01 P/B（倍） 7.1 6.6 5.2 4.0 3.1 流通股本（百万股） 527.01 资料来源：公司财报，长城证券产业金融 ...

感谢大家参加本次会议会议即将开始请稍后 感谢大家参加本次会议会议即将开始请稍后感谢大家参加本次会议会议即将开始请稍后 感谢大家参加本次会议会议即将开始请稍后 各位参会人员本次会议观点和信息仅限于此次受邀的海通证券客户中的专业投资者参考所有参与者均负有合规参会义务和保密义务严禁私自录音录像 好嘞 各位投资者下午好三棵树它年报一季报的交流会这次我们请到了公司的同关领导顾总来跟我们进行一个解读顾总可能他稍等两分钟我先给大家汇报一下我们对年报一季报的一个看法首先确实利润可能比大家想的是要低了一点但是我们觉得更重要的还是看他们资产负债表还有现金流 确实是比较超越期的尤其是其他应收账款我们看一季度实际上以往它是增加不少的但是今年一季度是没有什么增加的包括应收其实已经迅速降到30亿出头周转天数是以整个看的话也就是一个季度的样子相对来说资产负债表已经恢复的比较好了包括我们看到它这些再建工程可能陆陆续续的也都是在转步的过程中 而且持续的减少资本开支后续的强度也会慢慢的降下来所以我们看到它资产负债表上的借款无论是长期还是短期同比合计都是出现了一个比较明显的下降而且账上的现金还有十几个亿所以市场上有些人担心的现金流包括资产负债的问 ...

电话会议那我们今天也是非常荣幸的邀请到了两位大家都非常熟悉的领导一位是公司的董秘秘总另外一位的话是公司的IR总监顾总来和大家进行这个业绩解读还有近期经营情况的一些分享和交流那公司昨天晚上也是披露了这个年报虽然最近几年这个地盘的这个链条的需求的环境是比较艰难和复杂大多数的这个企业也面临了这个不同程度上的这个压力 但是可以看到就是我们公司还是在这个渠道的转型啊零售业务的增长还有部分的这个新闻赛道上的增长方面都取得了这个亮眼的这个成果那下面我们先请顾总跟我们简单介绍一下这个年报和一级报的一些数据的情况然后我们有什么问题再跟顾总和米总这边请教和交流那下面先把时间交给顾总谢谢顾总好的各位投资人这个上午好那我先简单给大家总结一下整个公司这个采报的一个情况 大家也看到其实这两年整个国内外环境其实复杂多变的那么涂料其实我们也看到了迎来了一个新的增长的一个机遇点包括国家的一些新基建工程新型的城镇化旧城改造包括城市更新保障房的建设那么尤其是乡村振兴美丽中国建设这块我们看到了都会成为未来整个涂料需求的一些新的增长点那么我们看到整个公司我们收入的话我们看到整体体量我们看到二三年收入 整体是124.76亿同比增长超过10个百分点那么这 ...

本报告仅供 Choice 东方财富 使用，请勿传阅。 公司快报 2024 年 04 月 22 日 三 棵树(603737.SH) 证券研究报告 2023 年营收增长稳健，毛利率/现金流 涂料油墨颜料 投资评级 买入-A 改善显著，费用率/减值增加拖累业绩 维持评级 6个月目标价 36.3元 事件：公司发布2023年年报和 2024年一季报，2023年，公司 股价 (2024-04-19) 30.69元 实现营业收入 124.76亿元（yoy+10.03%），归母净利润 1.74 亿元 （yoy-47.33%），扣非归母净利润 0.44 亿元（yoy-80.13）。2024 交易数据 年一季度，公司实现营业收入 20.66 亿元（yoy+0.62%），归母净 总市值(百万元) 16,174.01 利润 0.47 亿元（yoy+78.20%），扣非归母净利润-0.77亿元。 流通市值(百万元) 16,174.01 总股本(百万股) 527.01 家装/工程涂料销量同比增加，新产品营收成长迅速，渠道结构 流通股本(百万股) 527.01 持续优化。 12个月价格区间 29.41/111.15元 2023年公司实现营 ...

公司报告 | 季报点评 三棵树（603737） 证券研究报告 2024年04月 21日 投资评级 渠道结构继续优化，中长期盈利弹性较高 行业 建筑材料/装修建材 6个月评级 买入（维持评级） 公司23年实现归母净利润 1.74亿元，同比-47.33% 当前价格 30.69元 公司近期公布23 年年报及24 年一季报，23 年实现收入 124.76 亿元，同 目标价格 元 比+10.03%，归母净利润/扣非归母净利润 1.74/0.44 亿元，同比分别- 47.33%/-80.13%。其中 23Q4 收入 30.65 亿元，同比-9.62%，归母净利润/ 基本数据 扣非归母净利润-3.81/-3.92 亿元，利润转亏。24 年一季度实现收入 20.66 亿元，同比+0.62%，归母净利润/扣非归母净利润 0.47/-0.77 亿元，非经 A股总股本(百万股) 527.01 常性损益主要系计入当期损益的政府补助。 流通A股股本(百万 527.01 股) 家装墙面漆业务持续增长，渠道结构继续优化 A股总市值(百万元) 16,174.01 23 年实现家装墙面漆/工程墙面漆收入 26.32/46.76 亿元，同比 流 ...

[Table_Main] 证券研究报告 | 公司点评 三棵树(603737.SH) 2024年04月20日 买入（维持） 三棵树（603737.SH）：费用上涨及计提减值影 所属行业：建筑材料/装修建材 响全年业绩，24Q1 高基数下维持增长 当前价格(元)：30.69 证券分析师 投资要点 闫广 资格编号：S0120521060002 事件：2024年4月19日，公司发布2023年年度报告及24年第一季度报告：  邮箱：yanguang＠tebon.com.cn 王逸枫 1）全年来看：2023年公司实现营收约124.76亿元，同比+10.03%，实现归母净 资格编号：S0120524010004 利润约1.74亿元，同比-47.33%，实现扣非归母净利润约0.44亿元，同比-80.13%。 邮箱：wangyf6＠tebon.com.cn 公司拟每10股派发现金红利1.60元（含税），合计现金分红约0.84亿元，占23 研究助理 年归母净利润比例约48.59%。 2）分季度来看：23Q4公司实现营收约30.65亿元，同比-9.62%（同比增速较上 季度收窄23.03pct），环比-16.58%，实现归母净利 ...

三棵树23年报交流240420厂广发原文 2024年04月20日11:15 发言人100:00 Ready to start. Please remain on the line. 发言人100:13 感谢大家参加本次会议。会议即将开始，请稍后。Thanks for your participation.The meeting is ready to start. Please remain on the line 发言人100:37 感谢大家参加本次会议。会议即将开始，请稍后。Thanks for your participation.The meeting is ready to start. Please remain on the line 发言人101:00 子搬运 感谢大家参加本次会议。会议即将开始，请稍后。Thanks for your participation.The meeting is ready to start. Please remain on the line 号：股市调研 发言人101:24 感谢大家参加本次会议，会议即将开始，请稍后。 发言人301:30 Thanks for ...

Financial Performance - Revenue for 2023 reached 12.48 billion RMB, a 10.03% increase compared to 2022[16] - Net profit attributable to shareholders decreased by 47.33% to 173.54 million RMB in 2023[16] - Operating cash flow increased by 47.29% to 1.41 billion RMB in 2023[16] - Basic earnings per share (EPS) dropped by 47.62% to 0.33 RMB in 2023[17] - Weighted average return on equity (ROE) decreased by 8.28 percentage points to 7.36% in 2023[17] - Q4 2023 revenue was 3.07 billion RMB, with a net loss of 381 million RMB attributable to shareholders[20] - Non-recurring gains and losses in 2023 amounted to 129.51 million RMB, primarily due to government subsidies[21] - Total assets increased by 2.76% to 14.14 billion RMB at the end of 2023[16] - Revenue for the reporting period reached 12.4756846 billion yuan, a year-on-year increase of 10.03%[23] - Net profit attributable to shareholders of the listed company decreased by 47.33% to 173.541 million yuan[23] - Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses decreased by 80.13% to 44.0348 million yuan[23] - Revenue for 2023 reached 12.475 billion yuan, a year-on-year increase of 10.03%[56] - Net profit attributable to shareholders decreased by 47.33% to 175.41 million yuan[56] - Operating cash flow increased by 47.29% to 1.408 billion yuan[57] - Sales expenses rose by 22.75% to 2.124 billion yuan due to increased employee compensation, advertising, and travel expenses[57] - Management expenses increased by 26.55% to 678.3 million yuan, primarily due to higher employee compensation and depreciation[57] - R&D expenses grew by 9.93% to 289.35 million yuan, driven by increased investment in high-end product development[57] - Net cash flow from operating activities increased by 47.29% to 1,408,060,752.22 yuan, primarily due to increased receipt of payments[76] - Net cash flow from investing activities decreased by 491,881,058.31 yuan, mainly due to reduced payments for construction in progress[75] - Net cash flow from financing activities decreased by 354.73%, primarily due to increased repayment of loans and interest[75] - Other income increased by 51.18%, mainly due to increased government subsidies[75] - Monetary funds increased by 60.90% to 171,224.63 million yuan, accounting for 12.11% of total assets, primarily due to increased receipt of payments[77] - Prepaid accounts increased by 74.44% to 14,689.05 million yuan, mainly due to increased payments for raw materials as revenue scale expanded[77] - Contract liabilities increased by 76.65% to 30,521.72 million yuan, primarily due to increased advance payments from customers[77] Dividend Distribution - The company plans to distribute a cash dividend of RMB 1.60 per 10 shares, totaling RMB 84,321,996.96, which accounts for 48.59% of the net profit attributable to the parent company in 2023[4] - 2023 profit distribution plan: proposed cash dividend of RMB 0.16 per share (tax included), totaling RMB 84.32 million, accounting for 48.59% of the net profit attributable to ordinary shareholders[161] Company Information - The company's total share capital is 527,012,481 shares[4] - The company's registered and office address is No. 518, Liyuan North Avenue, Licheng District, Putian City, Fujian Province[12] - The company's website is www.3treesgroup.com and the email address is zqb@skshu.com.cn[12] - The company's stock is listed on the Shanghai Stock Exchange with the stock code 603737[14] - The company's annual report is disclosed in media such as China Securities Journal, Shanghai Securities News, Securities Times, and Securities Daily[13] - The company's annual report is available on the Shanghai Stock Exchange website at www.sse.com.cn[13] - The company's audit report was issued by Grant Thornton LLP (Special General Partnership) with signed accountants Lin Xintian and Yang Qiujing[15] - The company's industry is classified under "C2641 Paint Manufacturing" according to the "National Economic Industry Classification"[79] - The company's overseas assets amounted to 3,372,620.74 yuan, accounting for 0.02% of total assets[77] Product Development and Innovation - The company developed 278 new product projects and upgraded 696 existing products and cost-reduction projects[28] - The company launched the "Qingyun Stone" product, a dual-carbon inorganic product with fire and water resistance and scratch resistance[28] - The company's Yunhui Guardian Angel Children's Paint features advanced antiviral technology and has passed China's green building materials certification and skin sensitization tests[28] - The company's exterior wall imitation stone paint product line introduced the Zhenyan Stone high-tech imitation stone paint, enhancing the product's high-end transformation[28] - The company signed a cooperation agreement with the team of Academician Xu Zhenghe from Southern University of Science and Technology for the development of high-performance coatings and additives[27] - The company's product portfolio includes waterproofing materials, floor coatings, wood coatings, and building insulation systems, with detailed classifications such as epoxy floor systems, polyurethane floor systems, and inorganic floor systems[36] - The company's main products include wall coatings, wood coatings, adhesives, and waterproofing membranes, with a focus on creating a green building materials integrated system in the engineering field and a "seven-in-one" product solution in the retail sector[83] - The company has developed a comprehensive product line including coatings, waterproofing, insulation, and more, with a focus on green and environmentally friendly solutions such as low-carbon and eco-friendly stone-like materials for exterior walls[45] - In the field of industrial coatings, the company provides environmentally friendly, safe, high-performance, and easy-to-apply protective solutions for industrial plants, steel structures, and other applications, expanding into areas like port machinery, petrochemicals, and new energy wind power[45] - The company has launched multiple green products including Zhenyan Stone, Zhencai Stone, Zhenjin Stone, and various eco-friendly coatings and adhesives, expanding its product line in the industrial coatings sector, particularly for the wind power and new energy vehicle markets[90] - The company has completed several R&D projects, including the development of inorganic non-combustible stone-like paint, organic silicone sealant for interior decoration, and low-VOC grout, with some projects like the Zhenyan Stone multi-color paint still in the formula optimization phase[92] - The company is developing high-performance industrial coatings for new energy vehicles, including fire-resistant coatings for battery packs, noise-reducing coatings, and structural adhesives, aiming to enhance safety and performance in the automotive sector[90] - The company's R&D efforts include the development of low-cost building insulation aerogel products and functional nanomaterials for high-performance formaldehyde-removing coatings, which are currently in the pilot and application promotion stages, respectively[92] - The company is focusing on the development of environmentally friendly products, such as plant-based polyurethane floor coatings and water-based industrial paints, aligning with global trends towards sustainability and eco-conscious manufacturing[90] - The company's R&D projects include the development of reflective insulation integrated panels and low-cost building insulation aerogel products, which are currently in the pilot stage, indicating a strong focus on energy-efficient building materials[92] ESG and Sustainability - The company's ESG rating was upgraded to "A" by MSCI in October 2023[26] - The company was selected as a "Key Enterprise Partner" for the 2023 Green Building Materials Rural Promotion Campaign[26] - The company actively participated in the 2023 green building materials promotion campaign, becoming a "key enterprise partner"[80] - The company invested 38.35 million yuan in environmental protection during the reporting period[169] - The company's wastewater discharge at the Putian plant showed a chemical oxygen demand (COD) concentration of 17 mg/L, well below the standard limit of 500 mg/L[171] - The non-methane total hydrocarbon emission concentration at the Putian plant was 12.82 mg/m³, significantly lower than the standard limit of 100 mg/m³[172] - The actual emission of chemical oxygen demand (COD) at the Putian plant was 0.204 t/a, far below the approved emission limit of 4.534 t/a[174] - The Anhui plant's wastewater discharge showed a chemical oxygen demand (COD) concentration of 135 mg/L, below the standard limit of 500 mg/L[176] - The Anhui plant's non-methane total hydrocarbon emission concentration at the comprehensive workshop north side exhaust port was 1.21 mg/m³, well below the standard limit of 60 mg/m³[178] - The Anhui plant's RTO device exhaust port showed a nitrogen oxide emission concentration of 4 mg/m³, significantly lower than the standard limit of 150 mg/m³[178] - Non-methane total hydrocarbons (NMTHC) emissions at the can manufacturing workshop exhaust port were 16.3 mg/m³, meeting the standard of 60 mg/m³[179] - Benzene emissions at the can manufacturing workshop exhaust port were less than 0.004 mg/m³, meeting the standard of 1 mg/m³[179] - Particulate matter emissions at the waterproofing membrane workshop exhaust port were less than 1.0 mg/m³, meeting the standard of 120 mg/m³[179] - Nitrogen oxide (NOx) emissions at the thermal oil boiler exhaust port were 30 mg/m³, meeting the standard of 150 mg/m³[179] - Sulfur dioxide (SO₂) emissions at the steam boiler exhaust port were less than 3 mg/m³, meeting the standard of 50 mg/m³[179] - Particulate matter emissions at the new home materials workshop south exhaust port were 1.97 mg/m³, meeting the standard of 120 mg/m³[179] - Non-methane total hydrocarbons (NMTHC) emissions at the new home materials workshop west exhaust port were 6.48 mg/m³, meeting the standard of 120 mg/m³[179] - Ammonia emissions at the wastewater treatment station exhaust port were 1.25 mg/m³, meeting the standard of 8.7 mg/m³[181] - Hydrogen sulfide emissions at the wastewater treatment station exhaust port were 0.073 mg/m³, meeting the standard of 0.58 mg/m³[181] - Particulate matter emissions at the waterproofing membrane workshop II north exhaust port were 1.1 mg/m³, meeting the standard of 120 mg/m³[181] - Non-methane total hydrocarbon emissions from the paint workshop south side exhaust outlet were 1.44 mg/m³, meeting the standard[182] - The actual emission of chemical oxygen demand was 4.946 t/a, significantly lower than the approved emission of 23.132 t/a[183] - Nitrogen oxides emissions were 2.047 t/a, well below the approved emission of 7.206 t/a[184] - The pH level of the wastewater discharge from the comprehensive sewage treatment station was 7.4, within the standard range of 6-9[185] - The concentration of suspended solids in the wastewater discharge was 36 mg/L, much lower than the standard limit of 400 mg/L[185] - The concentration of non-methane total hydrocarbons from the stone texture workshop exhaust treatment facility was 4.68 mg/m³, meeting the standard[186] - Benzene concentration from the stone texture workshop exhaust treatment facility was less than 0.0112 mg/m³, well below the standard limit of 1 mg/m³[186] - The actual emission of non-methane total hydrocarbons was 5.940 t/a, significantly lower than the approved emission of 41.873 t/a[184] - The concentration of ammonia nitrogen in the wastewater discharge was 0.77 mg/L, well below the standard limit of 45 mg/L[185] - The concentration of total phosphorus in the wastewater discharge was 0.087 mg/L, much lower than the standard limit of 8 mg/L[185] - The company's emissions of particulate matter from the latex paint workshop were 1.7 mg/m³, meeting the standard of 20 mg/m³[187] - Non-methane total hydrocarbons emissions from the RTO device were 5.205 mg/m³, within the 20 mg/m³ limit[187] - Nitrogen oxide emissions from the first-phase boiler room were 28 mg/m³, below the 150 mg/m³ standard[187] - Particulate matter emissions from the putty powder and diatomite workshop reached 18.9 mg/m³, meeting the standard[187] - The polyurethane waterproof coating workshop emitted 4.76 mg/m³ of non-methane total hydrocarbons, within the 60 mg/m³ limit[188] - The insulation board workshop's dust treatment facility emitted 3.6 mg/m³ of particulate matter, well below the 120 mg/m³ standard[188] - The waterproof membrane workshop's emissions of benzo[a]pyrene were 0.000016 mg/m³, significantly lower than the 0.0003 mg/m³ standard[188] - The third-phase boiler room emitted 24 mg/m³ of nitrogen oxides, meeting the 150 mg/m³ standard[189] - The fourth-phase stone texture coating workshop emitted 1.09 mg/m³ of non-methane total hydrocarbons, within the 60 mg/m³ limit[189] - The hazardous waste warehouse emitted 0.038 mg/m³ of non-methane total hydrocarbons, well below the 60 mg/m³ standard[189] - The company's wastewater discharge at the plant area meets standards with a chemical oxygen demand (COD) of 132.56 mg/L, well below the limit of 300 mg/L[193] - Non-methane total hydrocarbon (NMTH) emissions from the 1 filter dust collector are 5.309 mg/m³, significantly lower than the 60 mg/m³ limit[194] - The actual emission of chemical oxygen demand (COD) is 1.699 t/a, which is below the approved emission limit of 22.762 t/a[191] - Ammonia nitrogen emissions from the plant area wastewater discharge are 1.95 mg/L, well within the 30 mg/L limit[193] - The actual emission of nitrogen oxides is 1.258 t/a, significantly lower than the approved limit of 5.060 t/a[191] - The company's emissions of non-methane total hydrocarbons (NMTH) are 0.231 t/a, far below the approved limit of 2.814 t/a[196] - The ammonia emission from the wastewater treatment station is 0.00036 kg/h, well below the 4.9 kg/h limit[198] - The company's total phosphorus emissions from the plant area wastewater discharge are 0.19 mg/L, significantly lower than the 5 mg/L limit[193] - The actual emission of ammonia nitrogen is 0.170 t/a, which is below the approved emission limit of 2.306 t/a[191] - The company's emissions of non-methane total hydrocarbons (NMTH) from the 2 bag filter are 4.68 mg/m³, well within the 60 mg/m³ limit[194] - Latitude of the company's location is 30°55′30.79″[200] - Odor concentration measured at 536, meeting the standard GB14554-93[200] - Hydrogen sulfide concentration measured at 0.037, meeting the standard of 0.33kg/h[200] Supply Chain and Operations - The company has achieved a comprehensive layout of five major regional comprehensive factories in the east, west, south, north, and central regions, optimizing transportation distances and reducing costs[30] - The company's supply chain has undergone continuous digital and intelligent transformation, enhancing internal lean management and customer satisfaction[30] - The company has launched 28 digital transformation projects, including ERP system upgrades, intelligent warehouses, and new order platforms[32] - The company has organized over 50 internal and external benchmarking exchanges and new technology learning sessions[32] - The company's rural stone-like paint business has grown rapidly, with an increasing number of stores[29] - The company has expanded its e-commerce channels on platforms like Taobao, JD.com, Douyin, and Kuaishou, rapidly growing its new retail model[29] - The company has optimized its channel structure, focusing on state-owned enterprises, urban construction, and industrial factories, while expanding into small B-end application scenarios[29] - The company has established a "3+X" delivery system, identifying and planning comprehensive factory layouts to build a multi-factory, full-category supply chain network[30] - The company has upgraded its "Immediate Living" service system, enhancing consumer membership and profile management, and providing a full-chain service management system[31] - The company has promoted the transformation from a single paint manufacturer to a comprehensive service provider offering "paint + service consulting + construction services"[31] - The company operates with a self-procurement model, including methods like bidding, price comparison, and small-scale procurement, and employs a production model based on sales orders[37] - The company's production model is based on order-driven production, with annual and monthly production plans adjusted according to customer orders[86] - The company's sales model includes direct sales and distribution for engineering customers, and a dealer model for household consumers[86] - The company's downstream applications for wood coatings include the wooden furniture industry, wood flooring industry, and decoration industry, with a similar business model to architectural coatings[86] - The company's production capacity utilization rates vary significantly across different products and regions, with the highest utilization rate of 129% for packaging cans at the Henan plant and the lowest at 0% for wall coatings at the Fujian plant[96] - The company's production facilities are spread across multiple regions in China, with significant capacities in wall coatings, wood coatings, adhesives, and waterproofing materials, with some facilities like the Anhui plant having a wall coating capacity of 820,000 tons per year[96] - The company's production capacity for adhesive and interface agents increased from 48,200 tons/year in 2022 to 95,500 tons/year in 2023, a 98.1% increase[97] - Waterproof coating production capacity rose from 115,000 tons/year in 2022 to 210,000 tons/year in 2023, an 82.6% increase[97] - Waterproof membrane production capacity grew from 34 million m²/year in 2022 to

2024 年第一季度报告 证券代码：603737 证券简称：三棵树 三棵树涂料股份有限公司 2024 年第一季度报告 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。 重要内容提示 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、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 | --- | --- | --- | |-----------------------------------------------|------------------|-------------------------------------| | | | 单位：元 币种：人民币 | | 项目 | 本报告期 | 本报告期比上年同期增 减变动幅度 (%) | | 营业收入 | 2,065,894,745.90 | 0.62 | | ...