Financial Performance - The company's operating revenue for the first half of 2022 was CNY 422,498,177.79, a decrease of 38.97% compared to CNY 692,285,595.12 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2022 was CNY 30,792,696.05, down 61.90% from CNY 80,830,469.01 in the previous year[18]. - The net cash flow from operating activities decreased by 69.96%, amounting to CNY 38,294,497.28 compared to CNY 127,476,142.94 in the same period last year[18]. - The basic earnings per share for the first half of 2022 was CNY 0.1540, a decline of 62.42% from CNY 0.4097 in the same period last year[20]. - The weighted average return on equity decreased to 2.79%, down 5.15 percentage points from 7.94% in the previous year[20]. - The total profit for the first half of 2022 was CNY 37,028,796.80, a decrease of 63.8% from CNY 102,366,292.17 in the first half of 2021[90]. - The company's total comprehensive income for the first half of 2022 was CNY 30,480,063.38, down 62.3% from CNY 80,872,485.54 in the first half of 2021[91]. Assets and Liabilities - The total assets as of June 30, 2022, were CNY 1,279,353,419.35, reflecting a 1.47% increase from CNY 1,260,791,283.34 at the end of the previous year[18]. - The total liabilities rose to CNY 192,337,974.12, an increase from CNY 171,527,500.55 at the start of the year[82]. - The net assets attributable to shareholders at the end of the reporting period were CNY 1,087,605,620.52, a slight decrease of 0.18% from CNY 1,089,541,325.41 at the end of the previous year[18]. - The total equity attributable to the parent company reached 1,089,541,325, with a slight decrease of 1,089,263,782 compared to the previous year[103]. Market and Industry Trends - The company reported a decrease of 11.43% in new vehicle registrations in the first half of 2022, with 16.57 million vehicles registered compared to the previous year[24]. - The number of new energy vehicles registered in the first half of 2022 reached 2.209 million, marking a 100.26% increase year-on-year, the highest in history[26]. - The hydrogen energy market is projected to grow significantly, with an expected industry scale of 5 trillion yuan by 2035, indicating a compound annual growth rate of 21%[29]. - The automotive aftermarket is expected to see substantial growth due to the increasing number of vehicles and consumer demand for high-quality lubricants[25]. Research and Development - The company has invested in R&D, achieving CNAS certification for its research center, which can provide internationally recognized testing certifications[30]. - The company has applied for three invention patents during the development of a new antifreeze compound, bringing the total to five national invention patents[31]. - The "Compton Blue Power PLUS" diesel engine exhaust treatment fluid was developed in collaboration with Tsinghua University, showcasing advanced technology and improved performance[31]. - The company is focusing on enhancing its research and development capabilities to drive future growth[103]. Risk Factors - The company has outlined potential risks in its management discussion and analysis section, emphasizing the uncertainties in its operational plans and development strategies[5]. - The company faces risks from fluctuations in raw material prices, particularly due to the correlation between base oil prices and international crude oil prices[45]. - Increased competition in the automotive lubricants market poses a risk to the company's market position and product margins[46]. - The company is investing in the hydrogen energy sector, which is still in its early stages in China, and faces risks related to policy changes and technological competition[47]. Corporate Governance and Compliance - The company did not distribute profits or increase capital reserves during this reporting period[4]. - There were no significant lawsuits or arbitration matters during the reporting period[64]. - The company maintained good integrity status without any records of failing to fulfill court judgments or significant debts[64]. - The company has ensured compliance with laws and regulations regarding related party transactions[60]. Cash Flow and Investments - The company's cash flow from operating activities decreased by 69.96% to ¥38.3 million, down from ¥127.5 million in the previous year[41]. - Investment cash inflow totaled CNY 523,066,705.57, significantly increasing from CNY 292,331,051.38 in the first half of 2021[97]. - The ending cash and cash equivalents balance was CNY 235,888,112.10, down from CNY 308,107,704.15 at the end of the first half of 2021[97]. - The company achieved an investment income of CNY 2,858,246.57 in the first half of 2022, compared to CNY 2,126,301.38 in the same period of 2021[93]. Shareholder Information - The total number of common shareholders reached 12,885 by the end of the reporting period[71]. - The company granted 8.573 million stock options to 47 incentive targets as part of its stock option incentive plan[52]. - The company adjusted the stock option exercise price from 10.63 CNY to 10.4663 CNY due to equity distribution, resulting in the cancellation of 2.9435 million stock options[53]. - The number of shares held by the top shareholder, 恒嘉世科国际（香港）有限公司, is 55,230,000, accounting for 27.62% of the total shares[74]. Future Outlook - Future guidance indicates a cautious outlook, with expectations for moderate growth in the upcoming fiscal period[103]. - The company is exploring potential mergers and acquisitions to strengthen its market position[103]. - The company plans to continue expanding its market presence in automotive maintenance products, including brake fluids and antifreeze[128].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 221,361,324.70, representing a decrease of 40.6% compared to the same period last year[5] - The net profit attributable to shareholders was CNY 30,648,584.39, down 39.3% year-on-year[5] - Basic and diluted earnings per share were both CNY 0.15, reflecting a decline of 40.13%[5] - Total revenue for Q1 2022 was ¥221,361,324.70, a decrease of 40.5% compared to ¥372,689,094.60 in Q1 2021[16] - Net profit for Q1 2022 was ¥30,508,874.69, representing a decline of 39.5% from ¥50,442,375.54 in Q1 2021[18] Cash Flow - The net cash flow from operating activities decreased by 50.58% to CNY 78,789,892.85[5] - In Q1 2022, the cash inflow from operating activities was CNY 282,629,415.30, a decrease of 13.2% compared to CNY 325,868,098.32 in Q1 2021[20] - The net cash flow from operating activities was CNY 78,789,892.85, down 50.7% from CNY 159,441,889.06 in the same period last year[20] - Cash inflow from investment activities totaled CNY 302,106,647.26, an increase of 49.8% from CNY 201,435,287.68 in Q1 2021[21] - The net cash flow from investment activities was CNY 183,020,335.73, a significant recovery from a negative cash flow of CNY -3,779,447.20 in Q1 2021[21] Assets and Liabilities - Total assets increased by 3.21% to CNY 1,301,207,424.48 compared to the end of the previous year[6] - The total assets increased to ¥1,301,207,424.48 in Q1 2022 from ¥1,260,791,283.34 in Q1 2021, reflecting a growth of 3.2%[14] - Total liabilities rose to ¥181,434,767.00 in Q1 2022, compared to ¥171,527,500.55 in Q1 2021, marking an increase of 5.3%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,461[9] - The top two shareholders held a combined 54.11% of the company's shares, with 恒嘉世科国际 (27.62%) and 青岛路邦石油化工有限公司 (26.49%)[9] Research and Development - Research and development expenses for Q1 2022 were ¥9,307,463.01, down from ¥11,689,434.24 in Q1 2021, indicating a reduction of 20.3%[17] Future Plans - The company plans to expand its market presence and invest in new technologies to drive future growth[19] Cash Management - Cash and cash equivalents increased by 117.18% to CNY 487,098,748.72[12] - The total cash and cash equivalents at the end of Q1 2022 were CNY 510,771,814.97, slightly up from CNY 506,148,306.45 at the end of Q1 2021[21] - The cash outflow for purchasing fixed assets and intangible assets was CNY 3,086,311.53, a decrease of 17.0% compared to CNY 3,714,734.88 in the previous year[21] - The company received CNY 300,000,000.00 related to investment activities, which is a 50% increase from CNY 200,000,000.00 in Q1 2021[20] - The cash outflow for other investment activities was CNY 115,000,000.00, down from CNY 200,000,000.00 in the previous year, indicating a reduction in investment spending[21] - The company paid CNY 7,800,000.00 related to financing activities, marking the only cash outflow in this category for Q1 2022[21]

Financial Performance - The company's operating revenue for 2021 was CNY 1,108,192,437.87, representing a 20.47% increase compared to CNY 919,928,685.17 in 2020[23]. - The net profit attributable to shareholders for 2021 was CNY 105,650,270.09, a slight increase of 0.56% from CNY 105,064,942.05 in 2020[23]. - The net profit after deducting non-recurring gains and losses was CNY 98,749,080.71, which is a 2.76% increase from CNY 96,098,001.04 in the previous year[23]. - The net cash flow from operating activities decreased by 19.33% to CNY 154,161,461.80 from CNY 191,096,919.04 in 2020[23]. - The total net assets attributable to shareholders at the end of 2021 were CNY 1,089,541,325.41, an increase of 8.14% from CNY 1,007,554,441.84 at the end of 2020[23]. - The basic earnings per share for 2021 was CNY 0.528, a decrease of 0.75% compared to CNY 0.532 in 2020[25]. - The weighted average return on net assets for 2021 was 10.08%, down from 11.14% in 2020[25]. - The company reported a total of CNY 6.90 million in non-recurring gains and losses for 2021, compared to CNY 8.97 million in 2020, reflecting a decrease in non-operational income[29]. - The company achieved 100% compliance in product sampling during national market supervision inspections[42]. - The company reported a total revenue of ¥814 million from distributors, with a gross margin of 33.14%, which decreased by 5.84 percentage points compared to the previous year[66]. Market and Product Development - The company plans to enhance brand image and market presence through partnerships with top media and participation in professional automotive events, aiming to strengthen its high-end brand positioning[34]. - The hydrogen fuel cell vehicle market is projected to reach CNY 250 billion by 2035, indicating significant growth potential in the hydrogen energy sector, which the company is focusing on[33]. - The company aims to shift competition in the lubricating oil industry from price to product and brand differentiation, responding to increasing consumer demand for mid-to-high-end products[32]. - The company has initiated the "Kangpudun China Tour" project to promote its long oil change interval diesel engine oil, successfully conducting over 31 promotional events across 33 cities[34]. - The company has successfully developed several market-leading products, including Remix top-tier passenger car oil and ETF blue gearbox oil for new energy vehicles, obtaining multiple product certifications[41]. - The company has established a stable partnership with major additive suppliers and has been recognized with multiple national invention patents and awards, enhancing its technological competitiveness[53]. - The company has expanded its sales network by establishing marketing centers in Chengdu and Xi'an to enhance competitiveness in the Southwest and Northwest regions[52]. - The company has become a recognized supplier in the lubricating oil market, enhancing its competitiveness through brand building and R&D efforts, particularly in the automotive urea market[90]. Strategic Initiatives and Investments - The company has initiated a new round of strategic investments in the hydrogen energy sector, becoming the largest shareholder in Qingdao Chuangqi New Energy Catalytic Technology Co., Ltd.[45]. - The company has invested in key materials for the hydrogen energy industry, achieving international leading technology levels and replacing imports[45]. - The company plans to focus on expanding its market presence and enhancing product development strategies in the upcoming fiscal year[66]. - The company plans to continue advancing investments in the hydrogen energy field, having established a hydrogen energy research institute in collaboration with Shandong University of Technology, aimed at reducing industry costs[113]. - The company has established a new subsidiary, Hydrogen Start Technology, with a 61% ownership, specializing in membrane electrodes and fuel cell production[106]. Governance and Compliance - The company has established a governance structure in compliance with the Company Law and Securities Law, ensuring equal rights for all shareholders, especially minority shareholders[120]. - The board of directors has three independent directors, meeting the requirements set by the China Securities Regulatory Commission[121]. - The company has implemented a performance evaluation and incentive mechanism for senior management, with compensation decisions made based on established performance standards[123]. - The company has established effective communication channels with stakeholders, including banks, employees, and suppliers, to promote sustainable development[123]. - The company has not reported any significant differences in governance compared to regulatory requirements[124]. - The company has established specialized committees within the board, including strategy, nomination, audit, and compensation committees, to enhance governance effectiveness[121]. Social Responsibility and Environmental Compliance - The company actively participated in charity fundraising activities to support socially disadvantaged groups during the severe flooding in Henan, which occurred on July 16, 2021[161]. - The company organized and delivered disaster relief supplies to affected areas, demonstrating its commitment to social responsibility[161]. - The company adheres to environmental regulations, with no incidents of exceeding pollutant discharge standards reported[160]. - The company has prepared an emergency plan for environmental incidents and conducts regular training and drills[160]. Future Outlook - The company plans to limit share reductions to no more than 5% of total shares within two years after the lock-up period ends[163]. - The company is actively pursuing mergers and acquisitions to strengthen its market position and diversify its product lines[130]. - Future guidance indicates a focus on increasing sales in the industrial oil sector, targeting a growth rate of 15%[130]. - The management anticipates a favorable market environment, projecting a 12% increase in overall market demand for their products[130].

Financial Performance - Q3 2021 revenue was CNY 167,699,868.16, a decrease of 28.63% year-over-year[5] - Net profit attributable to shareholders was CNY 14,588,225.27, down 38.38% compared to the same period last year[5] - Basic earnings per share were CNY 0.07, reflecting a decline of 37.37% year-over-year[6] - The net profit for Q3 2021 was CNY 95,362,971.01, an increase of 7.9% compared to CNY 88,953,527.23 in Q3 2020[18] - The total profit for Q3 2021 reached CNY 120,971,721.04, up from CNY 110,799,023.43 in the same period last year, reflecting a growth of 10.5%[18] - Operating profit for Q3 2021 was CNY 119,923,447.91, compared to CNY 110,163,643.34 in Q3 2020, indicating an increase of 8.0%[18] - Basic and diluted earnings per share for Q3 2021 were both CNY 0.48, up from CNY 0.45 in Q3 2020, representing a growth of 6.7%[18] Assets and Liabilities - Total assets increased to CNY 1,258,428,243.75, representing a growth of 7.81% from the end of the previous year[6] - The total assets as of September 30, 2021, amounted to ¥1,258,428,243.75, compared to ¥1,167,295,103.34 at the end of September 2020, representing a year-over-year increase of 7.8%[15] - The total liabilities as of September 30, 2021, were ¥180,956,758.15, an increase from ¥161,523,202.22 in the same period of 2020, indicating a growth of 12.3%[14] - The total equity attributable to shareholders as of September 30, 2021, was ¥1,079,309,749.59, up from ¥1,007,554,441.84 in the same period of 2020, reflecting a growth of 7.1%[15] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 110,549,829.49, down 38.78% compared to the previous year[6] - Cash flow from operating activities for the first nine months of 2021 was CNY 110,549,829.49, down 38.7% from CNY 180,576,507.07 in the same period of 2020[21] - The total cash inflow from operating activities for the first nine months of 2021 was CNY 839,330,478.50, compared to CNY 787,079,651.26 in the same period of 2020, reflecting an increase of 6.6%[21] - Cash flow from investing activities showed a net outflow of CNY 206,662,187.61 in Q3 2021, compared to a net inflow of CNY 8,229,805.50 in Q3 2020[22] - The company reported a decrease in cash flow from financing activities, with a net outflow of CNY 23,663,386.52 in Q3 2021 compared to CNY 9,863,448.05 in Q3 2020[22] - The cash and cash equivalents at the end of Q3 2021 were CNY 230,710,119.95, a decrease from CNY 342,017,112.23 at the end of Q3 2020[22] - Cash and cash equivalents decreased to ¥197,210,626.21 as of September 30, 2021, from ¥218,464,946.56 at the end of September 2020, a decline of 9.5%[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,380[10] - The top two shareholders held a combined 54.11% of the company's shares, with 恒嘉世科国际 (27.62%) and 青岛路邦石油化工 (26.49%) leading[10] Research and Development - Research and development expenses rose by 39.31%, indicating increased investment in innovation[7] - Research and development expenses increased to ¥28,469,082.69 in the first three quarters of 2021, compared to ¥20,436,203.62 in the same period of 2020, reflecting a growth of 39.2%[17] Inventory and Receivables - The accounts receivable as of September 30, 2021, were ¥42,231,640.74, slightly down from ¥43,226,752.81 in the same period of 2020, indicating a decrease of 2.3%[12] - The inventory as of September 30, 2021, increased to ¥144,756,156.37 from ¥123,559,371.38 in the same period of 2020, representing a growth of 17.1%[13] Financial Assets - The company reported a significant increase of 156.14% in trading financial assets, primarily due to growth in wealth management products[7] - The company's financial assets held for trading rose significantly to ¥335,000,000.00 as of September 30, 2021, compared to ¥130,787,244.44 in the same period of 2020, marking an increase of 156.5%[12] Government Subsidies - The company received government subsidies totaling CNY 756,750.00 during the reporting period[8] Asset Disposals - The company recorded a loss of CNY 1,020,484.08 from asset disposals in Q3 2021[18]

Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥692.29 million, representing a 39.37% increase compared to ¥496.72 million in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2021 was approximately ¥80.83 million, an increase of 22.89% from ¥65.78 million in the previous year[17]. - The basic earnings per share for the first half of 2021 was ¥0.41, up 24.24% from ¥0.33 in the same period last year[17]. - The weighted average return on equity increased to 7.94%, up 0.99 percentage points from 6.95% in the previous year[17]. - The net cash flow from operating activities decreased by 19.74% to approximately ¥127.48 million, down from ¥158.83 million in the previous year[17]. - The total assets as of June 30, 2021, were approximately ¥1.29 billion, reflecting a 10.41% increase from ¥1.17 billion at the end of the previous year[17]. - The net assets attributable to shareholders increased by 5.67% to approximately ¥1.06 billion, compared to ¥1.01 billion at the end of the previous year[17]. Market Trends and Growth - The company reported a 32.33% increase in new vehicle registrations in the first half of 2021, totaling 18.71 million vehicles, which is the highest for the same period historically[22]. - The total number of motor vehicles in China reached 384 million by June 2021, with 292 million being automobiles, indicating a stable growth trend in the automotive market[27]. - The automotive exhaust treatment liquid market is expected to grow significantly due to the implementation of the National VI emission standards, which will increase demand for high-quality products[23]. - The automotive lubricants market is projected to benefit from rising disposable incomes and consumer preferences for high-quality, environmentally friendly products[22]. Company Operations and Strategy - The company has established long-term and stable relationships with distributors, leading to steady growth in product sales and revenue[21]. - The company has a production cycle of 1 to 3 days, allowing for quick response to orders and maintaining manageable inventory levels[21]. - The company has expanded its sales network, achieving coverage in 34 provincial-level administrative regions across China[25]. - The company collaborates with leading global additive suppliers and has received various national technology awards, showcasing its R&D capabilities[24]. - The company focuses on customer-centric values and has cultivated a skilled management and R&D team to drive sustainable growth amid competitive pressures[26]. Research and Development - The company reported a 50.65% increase in R&D expenses, totaling CNY 19.45 million, driven by higher investment in research materials[31]. - The company launched the 0W-20 ultra-low viscosity oil series, leading a new market trend in lubricants[30]. Risks and Challenges - The company has outlined potential risks in its management discussion, emphasizing the uncertainties in its operational plans and development strategies[5]. - The company faces risks from fluctuations in raw material prices, particularly due to the strong correlation between base oil prices and international crude oil prices[38]. - The competitive landscape in the automotive lubricants market is intensifying, with a high degree of marketization and numerous competitors[39]. - The company emphasizes the need to expand production capacity and upgrade to high-tech products to maintain its competitive position and profit margins[39]. Corporate Governance and Compliance - The company did not distribute profits or increase capital reserves during the reporting period[4]. - Environmental compliance is strictly followed, with no reported violations in emissions standards[45]. - The company has established emergency response plans for environmental incidents and conducts regular training[45]. - The company has not reported any significant litigation or arbitration matters during the reporting period[50]. - The company has not disclosed any major related party transactions during the reporting period[51]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 12,535[56]. - The top ten shareholders hold a total of 55,230,000 shares, representing 27.62% of the total shares[58]. - The second largest shareholder, Qingdao Lubang Petrochemical Co., Ltd., holds 52,970,000 shares, accounting for 26.49%[58]. Financial Position and Equity - Total assets increased to CNY 1,288,799,376.97 as of June 30, 2021, up from CNY 1,167,295,103.34 at the end of 2020, representing a growth of approximately 10.4%[66]. - Current assets totaled CNY 897,382,375.72, an increase of 16.8% from CNY 768,065,159.55 at the end of 2020[65]. - Total liabilities reached CNY 225,818,376.83, an increase of 40% from CNY 161,523,202.22[66]. - Shareholders' equity rose to CNY 1,062,981,000.14, compared to CNY 1,005,771,901.12, indicating an increase of approximately 5.7%[66]. Accounting Policies and Financial Reporting - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[107]. - The company adheres to the enterprise accounting standards, ensuring that the financial statements accurately reflect its financial position, operating results, and cash flows[109]. - The company includes all subsidiaries in the consolidated financial statements, including controlled entities and structured entities[119]. - The accounting policies and reporting periods of the parent and subsidiaries are unified for the preparation of consolidated financial statements[119]. Revenue Recognition and Government Grants - The company recognizes revenue when the customer obtains control of the relevant goods, which includes conditions such as contract approval and clear payment terms[186]. - Government grants received are classified into asset-related and income-related categories, impacting how they are recorded in financial statements[190]. - Asset-related government grants are recognized by reducing the carrying amount of the related asset or as deferred income, which is then recognized over the asset's useful life[191]. - Income-related government grants are recognized as deferred income and recorded in the period when the related costs or losses are recognized[191].

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 | 2021 年第一季度报告 一、 重要提示 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2021 年第一季度报告 公司代码：603798 公司简称：康普顿 青岛康普顿科技股份有限公司 2021 年第一季度报告 2.1 主要财务数据 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 1,326,810,477.32 1,167,295,103.34 13.67 归属于上市公司股东 的净资产 1,058,045,447.88 1,007,554,441.84 5.01 年初至报告期末 上年初至上年报告期末 比上年同期增减(%) 经营活动产生的现金 流量净额 159,441,889.06 58,067,124.51 174.58 年初至报告期末 上年初至上年报告期末 比上年同期增减（%） 营业收入 372,689,094.60 221,764,563.91 68.06 归属于上市公司股 ...

Financial Performance - The company's operating revenue for 2020 was ¥919,928,685.17, a decrease of 5.19% compared to ¥970,244,076.99 in 2019[22] - The net profit attributable to shareholders for 2020 was ¥105,064,942.05, an increase of 24.09% from ¥84,666,911.90 in 2019[22] - The net profit after deducting non-recurring gains and losses was ¥96,098,001.04, up 30.50% from ¥73,638,343.21 in 2019[22] - The net cash flow from operating activities reached ¥191,096,919.04, a significant increase of 636.44% compared to ¥25,948,610.54 in 2019[22] - The total assets at the end of 2020 were ¥1,167,295,103.34, reflecting a growth of 10.46% from ¥1,056,724,639.35 in 2019[22] - The net assets attributable to shareholders increased by 9.05% to ¥1,007,554,441.84 from ¥923,948,959.33 in 2019[22] - Basic earnings per share for 2020 were ¥0.53, representing a 26.19% increase from ¥0.42 in 2019[23] - The weighted average return on equity rose to 11.14%, an increase of 1.81 percentage points from 9.33% in 2019[23] Revenue Breakdown - The company's total revenue for Q1 was approximately CNY 221.76 million, Q2 was CNY 274.95 million, Q3 was CNY 234.98 million, and Q4 was CNY 188.24 million[25] - Net profit attributable to shareholders for Q1 was CNY 32.67 million, Q2 was CNY 33.11 million, Q3 was CNY 23.67 million, and Q4 was CNY 15.61 million[25] - The company's operating revenue for the current period is ¥919,928,685.17, a decrease of 5.19% compared to the same period last year[46] Cost Management - Operating costs decreased by 9.40% to ¥594,767,519.76, resulting in an improved gross margin of 35.35%, which is an increase of 3.01 percentage points year-over-year[48] - Sales expenses decreased by 8.06% year-on-year to CNY 111.11 million due to lower sales activity during the pandemic[44] - Research and development expenses decreased by 8.32% to ¥27,865,406.04, indicating a focus on cost management[46] - Financial expenses decreased by 28.82%, contributing positively to the overall financial performance[46] Market and Product Development - The company has developed a new series of lubricants, BluEngine, specifically designed for electric and hybrid vehicles, addressing the growing market for new energy vehicles[35] - The company has received the National Technology Invention Award for its innovative nano-lubricant technology, which enhances performance and energy efficiency[34] - The company launched new API SP/ILSAC GF-6 standard oils, enhancing performance for various vehicle models[41] - The company is focusing on the development of lubricants specifically for new energy vehicles, which is expected to be a rapidly growing segment[66] Sales and Distribution - The company has established over 700 distributors, enhancing its sales network and brand recognition[30] - The company developed 394 fleet customers and opened 4,574 new terminal stores during the reporting period[41] - The company focused on expanding its marketing network and enhancing brand visibility through strategic partnerships and advertising[40] Shareholder Information - The company plans to distribute a cash dividend of ¥1.2 per 10 shares, based on a total share capital of 197,268,961 shares after deducting repurchased shares[5] - The total distributable profit for shareholders was RMB 514,187,906.85, with a proposed cash dividend of RMB 1.2 per 10 shares, amounting to RMB 23,672,275.32, which represents 22.53% of the net profit[98] - The cash dividend for 2020 was 32.88% of the net profit attributable to shareholders[101] Environmental and Compliance - The company has implemented strict environmental protection measures, ensuring that emissions meet regulatory standards[119] - The company has established an emergency response plan for environmental incidents and conducts regular training and drills[120] - The company has maintained compliance with legal procedures in all entrusted financial management activities[115] Governance and Management - The company has independent directors, including Hong Xiaoming and Liu Huirong, each holding 80,000 shares and 46,700 shares respectively, with no changes in their holdings[135] - The board of directors consists of three independent directors, meeting the requirements set by the China Securities Regulatory Commission[151] - The company continues to focus on enhancing its governance structure through regular board elections and appointments[143] Audit and Internal Control - The internal control audit report issued a standard unqualified opinion, indicating no significant deficiencies in internal controls[166] - The audit report confirms that the financial statements fairly reflect the company's financial position as of December 31, 2020[166] - The management is responsible for the fair presentation of financial statements in accordance with accounting standards, emphasizing the importance of internal controls[171]

Financial Performance - Net profit attributable to shareholders rose by 10.28% to CNY 89,451,109.07 for the first nine months of the year[6]. - Revenue for the first nine months decreased by 2.09% to CNY 731,693,199.77 compared to the same period last year[6]. - Basic earnings per share increased by 4.65% to CNY 0.45[6]. - Total operating revenue for Q3 2020 was ¥234,975,725.28, a decrease of 4.9% compared to ¥245,883,237.09 in Q3 2019[24]. - Net profit for the first three quarters of 2020 was ¥731,693,199.77, a decrease of 2.1% from ¥747,295,173.99 in the same period of 2019[24]. - The net profit for Q3 2020 was CNY 23.21 million, up 80.5% from CNY 12.92 million in Q3 2019[26]. - The total profit for Q3 2020 reached CNY 27.40 million, an increase of 87.5% compared to CNY 14.60 million in Q3 2019[26]. - The company's basic earnings per share for Q3 2020 was CNY 0.12, compared to CNY 0.07 in Q3 2019, reflecting a growth of 71.4%[26]. - The operating profit for Q3 2020 was CNY 27.14 million, significantly higher than CNY 17.83 million in Q3 2019, marking a 52.5% increase[26]. Assets and Liabilities - Total assets increased by 8.13% to CNY 1,142,660,027.28 compared to the end of the previous year[6]. - Total assets as of September 30, 2020, amounted to CNY 1,142,660,027.28, an increase from CNY 1,056,724,639.35 at the end of 2019[19]. - Total liabilities increased to CNY 152,140,788.16 from CNY 134,959,467.92, reflecting a rise of 12.00%[19]. - The company's equity attributable to shareholders increased to CNY 991,940,608.86 from CNY 923,948,959.33, an increase of 7.36%[19]. - Total liabilities increased to ¥269,261,176.11 from ¥129,235,981.68, reflecting a growth of 108% year-over-year[22]. - The total amount of accounts payable was approximately $76.06 million, with employee compensation payable at $1.55 million[42]. Cash Flow - Operating cash flow increased significantly by 202.03% to CNY 180,576,507.07 year-to-date[6]. - Cash flow from operating activities for the first nine months of 2020 was 180,576,507.07 RMB, up from 59,788,179.24 RMB in the same period of 2019, representing an increase of approximately 201.5%[31]. - The cash inflow from operating activities totaled 787,079,651.26 RMB, while cash outflow was 606,503,144.19 RMB, resulting in a net cash flow of 180,576,507.07 RMB[31]. - The net cash flow from operating activities for Q3 2020 was ¥128,741,085.72, an increase of 81% compared to ¥71,159,162.41 in Q3 2019[35]. - The company reported cash inflow from operating activities of ¥740,604,395.46, down 6.5% from ¥792,652,751.23 in Q3 2019[35]. Shareholder Information - The total number of shareholders reached 12,194 by the end of the reporting period[10]. - The largest shareholder, Hengjia Shike International (Hong Kong) Co., Ltd., holds 27.62% of the shares[10]. Other Financial Metrics - The weighted average return on equity improved by 0.43 percentage points to 9.34%[6]. - The company reported a government subsidy of CNY 6,354,014.63 year-to-date, contributing to non-operating income[8]. - The company has not disclosed any new product developments or market expansion strategies in this report[6]. - The company has not indicated any major changes in its future outlook or strategic initiatives during the reporting period[14]. - The company incurred a financial expense of CNY -275,551.77 in Q3 2020, an improvement from CNY -748,937.23 in Q3 2019[27]. - The company reported a credit impairment loss of CNY 679,030.93 in Q3 2020, a decrease from CNY 1,111,140.99 in Q3 2019[25].

2020 年第三季度报告 公司代码：603798 公司简称：康普顿 青岛康普顿科技股份有限公司 2020 年第三季度报告 1 / 26 | 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 | 2020 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 公司全体董事出席董事会审议季度报告。 1.3 公司负责人朱振华、主管会计工作负责人李臻及会计机构负责人（会计主管人员）兰英保证 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 / 26 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 1,142,660,027. 28 1,056,724,639.35 8.13 归属于上市公司股东的净资产 991 ...

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 496,717,474.49, a decrease of 0.94% compared to CNY 501,411,936.90 in the same period last year[18]. - The net profit attributable to shareholders was CNY 65,776,452.36, down 3.17% from CNY 67,930,311.04 year-on-year[18]. - Basic earnings per share for the first half of 2020 were CNY 0.33, a decrease of 2.94% compared to CNY 0.34 in the same period last year[19]. - The weighted average return on equity decreased by 0.48 percentage points to 6.95% from 7.43% year-on-year[19]. - The company reported a net profit for the first half of 2020 of CNY 65,741,858.73, a decrease of 2.66% from CNY 67,645,092.03 in the first half of 2019[82]. - The total comprehensive income for the first half of 2020 was CNY 37,508,030.91, compared to CNY 16,972,526.60 in the same period of 2019[87]. - The company reported a profit distribution of RMB -9,863,440 for the first half of 2020, which is a significant decrease compared to RMB -24,000,000 in the first half of 2019[115]. Cash Flow and Assets - The net cash flow from operating activities increased by 68.88% to CNY 158,828,661.03, compared to CNY 94,050,797.09 in the previous year[18]. - The company's total current assets reached CNY 717,522,685.12, compared to CNY 640,813,504.02 at the end of 2019, indicating an increase of about 12%[75]. - Cash and cash equivalents increased significantly to CNY 303,481,627.21 from CNY 163,074,247.71, marking an increase of approximately 86%[74]. - The company's total liabilities amounted to CNY 155,144,855.60, compared to CNY 134,959,467.92 in the previous period, which is an increase of about 14.9%[76]. - The company reported a significant increase in accounts receivable, which rose to CNY 127,052,452.83 from CNY 57,276,964.33, marking an increase of approximately 121.5%[78]. Business Operations and Market Position - The company's main business involves the research, production, and sales of lubricants and maintenance products for vehicles and industrial equipment, including automotive lubricants, industrial lubricants, automotive chemicals, and maintenance products[23]. - During the reporting period, the company established over 700 distributors, enhancing its sales network and brand recognition[24]. - The automotive lubricant industry is projected to grow by 30% by 2020, driven by government policies and increasing market penetration[24]. - The company expanded its marketing network by adding over 2,200 new terminals, covering all 34 provincial-level administrative regions in China[29]. - The company achieved multiple OEM certifications from renowned international automotive manufacturers, validating the superior performance of its products[30]. Research and Development - The company received the "National Technology Invention Award" for its development of high-performance energy-saving anti-wear nano lubricants, showcasing its R&D capabilities[28]. - The company is actively developing its product line for natural gas vehicles, responding to market trends and customer needs[37]. - Research and development expenses for the first half of 2020 were CNY 12,908,876.92, slightly down from CNY 13,037,069.93 in the same period last year[81]. Compliance and Governance - The company did not distribute profits or increase capital reserves during the reporting period[4]. - There were no significant risks or non-operational fund occupation by controlling shareholders or related parties reported[6]. - The company commits to strictly comply with national laws and regulations, and will not engage in similar competitive businesses with Compton, either directly or indirectly[51]. - The company has maintained compliance with relevant laws and regulations throughout the reporting period[54]. Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 13,688[61]. - The top ten shareholders include Hengjia Shike International (Hong Kong) Limited with 55,230,000 shares, accounting for 27.62% of total shares[63]. - Qingdao Lubang Petrochemical Co., Ltd. reduced its holdings by 4,400,000 shares, holding 54,970,000 shares, representing 27.49%[63]. Environmental and Social Responsibility - The company strictly adheres to environmental protection laws, with no exceedance of emission standards for waste gas and wastewater[56]. - The company has established an emergency response plan for environmental incidents and conducts regular training[56]. - The company engages third-party qualified units for the recovery and disposal of solid waste[56].