证券代码：603806 证券简称：福斯特 公告编号：2015-030 杭州福斯特光伏材料股份有限公司 2015 年半年度业绩预增公告 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个别及连带责任。 一、本期业绩预告情况 （一）业绩预告期间： 2015 年 1 月 1 日至 2015 年 6 月 30 日。 （二）业绩预告情况： 经财务部门初步测算，预计公司 2015 年上半年实现归属于上市公司股东的 净利润与上年同期相比，将增加 25%左右。 （三）本次预计的业绩未经注册会计师审计。 （一）归属于上市公司股东的净利润：21,556 万元。 （二）每股收益：0.63 元。 三、本期业绩预增的主要原因 （一）、公司市场竞争力进一步增强，主营业务有较大增长，特别是背板产 品的销售增长显著； （二）、企业所得税税率下降。上年同期由于公司高新技术企业资格到期后 申请重新认定的原因，企业所得税暂按 25%预缴，重新认定通过后，2015 年上半 年公司企业所得税按 15%缴纳； （三）、公司银行理财产品收益增加。 四、其他说明事项 以上预告数据仅为初 ...

Financial Performance - Total revenue for Q1 2015 reached RMB 738,353,798.54, an increase of 60.51% compared to RMB 460,007,759.67 in the same period last year[19] - Net profit attributable to shareholders was RMB 108,311,418.81, reflecting a growth of 5.62% from RMB 102,549,021.50 year-on-year[19] - The gross profit margin decreased, with operating costs rising by 73.83% to RMB 49,000,000, driven by increased sales volume of main products[19] - The company reported an increase in investment income of 213.46%, amounting to RMB 717,340, attributed to higher returns from bank financial products[22] - The total equity attributable to shareholders increased to CNY 3,910,458,764.03 from CNY 3,802,147,345.22, marking an increase of approximately 2.85%[45] - The total comprehensive income for Q1 2015 was ¥108,311,418.81, compared to ¥102,549,021.50 in the previous year, showing a growth of 5.5%[55] Cash Flow - Operating cash flow showed a significant decline, with a net cash flow of RMB -192,545,928.89, down 1,309.47% from RMB 15,919,872.34 in the previous year[6] - The net cash flow from operating activities decreased by 208.47 million yuan, a decline of 1309.47% year-on-year, primarily due to increased material payments and tighter cash flow from downstream customers[25] - The net cash flow from investing activities increased by 52.09 million yuan, mainly due to an increase in the redemption of bank wealth management products during the period[25] - The net cash flow from financing activities increased by 51.22 million yuan, primarily due to a reduction in bank loan repayments during the period[26] - The company's cash and cash equivalents increased to CNY 296,487,873.04 from CNY 150,428,930.24, representing a growth of approximately 97%[43] - The total cash and cash equivalents at the end of the period were 380,307,230.19 RMB, up from 190,282,605.99 RMB in the previous period, indicating improved liquidity[62] Assets and Liabilities - The company's total assets decreased slightly to RMB 4,240,616,677.31, a reduction of 0.46% from RMB 4,260,069,271.05 at the end of the previous year[8] - Accounts receivable increased by RMB 271,264,500, a rise of 42.85%, primarily due to expanded sales[15] - The total liabilities amounted to ¥282,930,652.08, a decrease from ¥393,417,962.63 in the previous year[49] - The company reported a decrease in total liabilities from CNY 457,921,925.83 to CNY 330,157,913.28, a reduction of about 28%[45] - Current liabilities decreased significantly to CNY 309,431,784.74 from CNY 436,736,798.76, a reduction of about 29%[44] Shareholder Information - The number of shareholders at the end of the reporting period was 24,510, with the largest shareholder holding 56.29% of the shares[12] - The company has committed to not transferring or entrusting others to manage its shares within twelve months from the date of listing[30] - If the stock price falls below the issuance price for 20 consecutive trading days, the lock-up period for the company's shares will automatically extend by six months[31] Compliance and Commitments - The company will ensure that the IPO prospectus does not contain any false statements or significant omissions, bearing legal responsibility for its accuracy[35] - The company will compensate investors for losses incurred due to false statements in the prospectus[32] - The company will publicly disclose reasons for any failure to fulfill commitments regarding share repurchase or compensation within 20 working days[35] - The company will take necessary legal actions to enforce repurchase obligations if the controlling shareholder fails to comply[33] Operational Challenges - Financial expenses surged by 271.3% to RMB 539,000, primarily due to exchange losses influenced by the USD exchange rate[20] - The company reported a total cash outflow from operating activities of 480,867,402.27 RMB, which increased from 391,119,967.20 RMB in the previous period[61] - The cash inflow from sales of goods and services was 294,093,827.93 RMB, down from 381,975,281.85 RMB in the previous period, reflecting a decline in revenue generation[61]

Financial Performance - The company's operating revenue for 2014 was CNY 2,385,859,481.97, representing a 21.89% increase compared to CNY 1,957,411,174.68 in 2013[29]. - The net profit attributable to shareholders for 2014 was CNY 432,093,782.28, a decrease of 27.45% from CNY 595,550,423.97 in the previous year[29]. - The net profit after deducting non-recurring gains and losses was CNY 393,503,719.57, down 19.84% from CNY 490,916,971.64 in 2013[29]. - The cash flow from operating activities for 2014 was CNY 99,873,177.29, a significant decline of 75.46% compared to CNY 406,969,101.14 in 2013[29]. - The total assets at the end of 2014 were CNY 4,260,069,271.05, an increase of 81.48% from CNY 2,347,363,371.81 at the end of 2013[29]. - The net assets attributable to shareholders increased to CNY 3,802,147,345.22, a 100% increase from CNY 1,901,087,781.54 in 2013[29]. - The company achieved operating revenue of RMB 2,385.86 million, representing a year-on-year growth of 21.89%[34]. - The net profit attributable to shareholders was RMB 432.09 million, a decrease of 27.45% compared to the previous year[34]. - The company's main business revenue in the photovoltaic industry reached approximately CNY 2.31 billion, with a year-on-year growth of 29.49%[56]. - The company's total revenue for the photovoltaic industry reached ¥1,481,730,261.53, accounting for 90.87% of total costs, with a year-on-year increase of 43.52%[44]. Cash Management and Investments - The company plans to distribute a cash dividend of CNY 4.5 per 10 shares, totaling CNY 180,900,000.00 for the year 2014[5]. - The company has been actively managing idle funds through various financial products to optimize returns[67]. - The company engaged in entrusted financial management with a total amount of RMB 30,000,000, yielding an annualized return of 5.20%[67]. - The company also invested RMB 6,000,000 in a financial product with a guaranteed return of 5.20%, generating a return of RMB 51.29[68]. - The company has a cash management plan that includes purchasing bank financial products, with a portion of the raised funds temporarily idle[74]. - The company reported a return of 4.00% on cash management products[72]. - The company has a commitment to use the raised funds in accordance with national laws and regulations, ensuring the safety of the investment plan[74]. - The company plans to manage idle funds effectively while ensuring compliance with investment commitments[74]. Research and Development - Research and development expenses amounted to RMB 88.44 million, reflecting a 12.50% increase from the previous year[40]. - The company implemented several new projects in R&D, including the launch of new anti-PID and anti-snail series products, which received positive feedback from major clients[36]. - The company has established a strong R&D capability with multiple patents and is a key contributor to the national standard for EVA film[63]. - The company is in the process of establishing the Zhejiang Foster New Materials Research Institute to enhance future R&D capabilities[63]. - The company plans to consolidate its technological leadership by increasing R&D investment in EVA film and backsheet products, aligning development with market demands[89]. Market and Sales Performance - Sales revenue from EVA film reached RMB 2,124.78 million, up 18.40% year-on-year, while sales revenue from backsheet products surged by 103.17% to RMB 187.74 million[41]. - Domestic revenue accounted for CNY 2.00 billion, growing by 17.44%, while international revenue increased significantly by 60.51% to CNY 341.12 million[58]. - The company expanded its customer base, with sales to the top five customers totaling RMB 1,137.94 million, accounting for 47.70% of total annual revenue[42]. - The average selling price of the main product EVA film decreased, while the average purchase price of EVA resin increased, impacting profitability[34]. Corporate Governance and Compliance - The company has established a comprehensive training system to enhance employee skills and career development[102]. - The company actively participates in social responsibility initiatives, including the establishment of the "Foster Love Scholarship Fund" to support underprivileged students[104]. - The company has received recognition as a "Green Enterprise" for its commitment to clean production and environmental protection[103]. - The company has implemented a sound corporate governance structure, ensuring clear responsibilities and compliance with laws and regulations[168]. - The company has committed to timely information disclosure in accordance with laws and regulations[112]. Risks and Challenges - The company faces risks from deteriorating customer operations, with a significant increase in accounts receivable and overdue payments being noted[93]. - The company is exposed to raw material price volatility risks, particularly related to EVA resin prices, which are closely linked to crude oil prices[93]. - The company is also at risk from exchange rate fluctuations, as a significant portion of its raw materials is imported and its products are exported, primarily in USD[94]. Shareholder and Equity Information - The company reported a total of 402,000,000 shares outstanding after the issuance of 60,000,000 new unrestricted shares[130]. - The weighted average return on equity decreased from 21.09% to 17.70% following the share issuance[131]. - Basic earnings per share declined from 1.26 to 1.21 after the share issuance[131]. - The company has a cash dividend policy that ensures at least 10% of the distributable profit is allocated to dividends, with specific minimum ratios based on the company's development stage[97]. - The company plans to distribute at least 10% of its distributable profits as dividends annually from 2014 to 2016, with cash dividends accounting for no less than 20% of the total profit distribution each year[99].

Revenue Performance - Total revenue for 2014 reached RMB 239,529.41 million, an increase of 22.37% compared to the previous year[3]. Profitability - Operating profit decreased by 31.17% to RMB 48,059.18 million, while total profit fell by 28.48% to RMB 49,935.98 million[4]. - Net profit attributable to shareholders decreased by 28.04% to RMB 42,856.04 million, resulting in basic earnings per share of RMB 1.20, down 31.03%[3]. - The weighted average return on equity dropped to 17.57%, a decline of 47.27% compared to the previous year[3]. - The decline in profits was primarily due to a decrease in the average selling price of the main product, EVA film, and an increase in the average procurement price of EVA resin[4]. Assets and Equity - Total assets increased by 80.30% to RMB 423,237.87 million, and equity attributable to shareholders rose by 99.79% to RMB 379,809.49 million[4]. - The company's share capital grew by 17.54% to RMB 40,200.00 million, with net assets per share increasing by 69.96% to RMB 9.45[3]. Financial Condition - The financial condition of the company remains strong, supported by the public issuance of shares during the year[4].

Financial Performance - Operating income for the first nine months rose by 28.53% to CNY 1,736,813,133.65 compared to the same period last year[8] - Net profit attributable to shareholders decreased by 19.32% to CNY 328,381,535.36 compared to the same period last year[8] - Basic earnings per share decreased by 19.33% to CNY 0.96[8] - Diluted earnings per share also decreased by 19.33% to CNY 0.96[8] - Total operating revenue for Q3 2014 reached ¥598,279,821.35, a 28.9% increase from ¥464,234,909.39 in Q3 2013[41] - Net profit for Q3 2014 was ¥112,824,453.49, a decrease of 15% compared to ¥132,367,108.67 in Q3 2013[42] - The company reported an operating profit of ¥124,917,171.24 for Q3 2014, down from ¥164,380,021.18 in Q3 2013[42] Assets and Liabilities - Total assets increased by 69.41% to CNY 3,976,723,443.98 compared to the end of the previous year[8] - Net assets attributable to shareholders increased by 94.52% to CNY 3,697,916,042.30 compared to the end of the previous year[8] - Cash and cash equivalents increased by 158.74% due to the funds raised from the initial public offering in September 2014[13] - Accounts receivable increased by 44.31% due to the expansion of sales scale[14] - Inventory increased by CNY 114.68 million, a growth of 54.25%, attributed to the expansion of production and sales scale[15] - Total current assets reached CNY 3,451,007,475.89, up from CNY 1,875,798,354.28, marking a growth of around 84%[33] - Current liabilities decreased to CNY 258,197,728.38 from CNY 434,794,609.47, a reduction of about 40.6%[35] - Total liabilities decreased to CNY 278,807,401.68 from CNY 446,275,590.27, a decline of approximately 37.5%[35] Cash Flow - Net cash flow from operating activities decreased by 75.45% to CNY 85,140,062.71 compared to the same period last year[8] - Cash flow from operating activities for the first nine months of 2014 was ¥1,649,215,784.83, compared to ¥1,447,157,150.78 in the same period of 2013[47] - Operating cash inflow for Q3 2014 totaled ¥1,679,686,458.22, an increase from ¥1,455,715,907.92 in the previous year, representing a growth of approximately 15.4%[48] - Total cash outflow from operating activities was ¥1,594,546,395.51, compared to ¥1,108,910,671.35 in the same period last year, indicating a significant increase of about 43.8%[48] - The net increase in cash and cash equivalents for Q3 2014 was ¥958,906,185.93, contrasting with a decrease of -¥262,796,154.25 in the previous year[49] Investments and Financing - Total cash outflow from investment activities reached ¥543,045,667.28, significantly higher than ¥85,906,606.20 in the same quarter last year, reflecting a rise of about 532%[49] - Financing cash inflow for Q3 2014 amounted to ¥1,715,423,350.72, with no comparable figure from the previous year provided[49] - Total cash outflow from financing activities was ¥313,494,147.22, down from ¥537,100,000.00 in the same period last year, showing a decrease of approximately 41.8%[49] Operational Costs and Expenses - Operating costs increased by CNY 395.47 million, a growth of 47.82%, primarily due to increased sales volume and rising procurement prices of key raw materials[20] - Sales expenses increased by CNY 5.46 million, a growth of 22.68%, attributed to the expansion of sales scale during the reporting period[21] - Total operating costs for the first nine months of 2014 were ¥1,358,666,297.64, up from ¥870,422,842.84 in the same period of 2013[41] Other Financial Metrics - The weighted average return on equity decreased by 6.85 percentage points to 16.35%[8] - Other income increased by CNY 19.50 million, a growth of 818.05%, due to an increase in various government subsidies received during the reporting period[23] - Capital reserves increased by CNY 1,511.05 million, a growth of 569860.50%, due to the issuance of new shares during the reporting period[20] - The company's retained earnings increased to CNY 1,578,066,314.63 from CNY 1,409,305,222.81, a growth of about 12%[35]