证券代码：603856 证券简称：东宏股份 山东东宏管业股份有限公司 投资者关系活动记录表 记录表编号：2022-023 | --- | --- | --- | |------------------------------|--------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ...

Company Overview - Shandong Donghong Pipe Industry Co., Ltd. specializes in various types of polymer composite pipes, large-diameter anti-corrosion PVC pipes, and pipeline engineering services [1] - The company aims to become a global leader in integrated pipeline system solutions, leveraging its national enterprise technology center and focusing on digitalization and smart pipeline integration [1] Financial Performance - In the first three quarters of 2022, the company achieved a revenue of ¥2,081,235,647.95, representing a year-on-year growth of 26.99% [1] - The net profit attributable to shareholders was ¥151,143,795.65, with a growth of 5.65%, while the net profit excluding non-recurring gains and losses was ¥142,702,165.38, up by 2.55% [1] Market and Product Insights - The company has observed a rapid growth in its products within the water conservancy and municipal sectors, followed by the mining sector [2] - The company is focused on enhancing its market share through a "regional + field" marketing strategy and aims to develop key markets in Shandong, Beijing-Tianjin-Hebei, and Jiangsu-Anhui [2] Future Plans and Challenges - The company plans to adjust product prices based on fluctuations in raw material costs to maintain gross profit margins [2] - A non-public offering is pending approval, with a pricing principle set at no less than 80% of the average trading price of the company's A-shares over the previous 20 trading days [2] - The company is prioritizing projects with secure funding sources to mitigate risks associated with local government funding constraints [2]

记录表编号：2022-022 证券代码：603856 证券简称：东宏股份 山东东宏管业股份有限公司 投资者关系活动记录表 | --- | --- | --- | |---------------------------|-------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥678,614,869.29, representing a year-on-year increase of 31.68%[3] - The net profit attributable to shareholders for the same period was ¥21,333,334.28, up 9.22% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses decreased by 9.67% to ¥19,804,309.45[3] - Total operating revenue for the first three quarters of 2022 reached CNY 2,081,235,647.95, an increase of 27.0% compared to CNY 1,638,895,499.83 in the same period of 2021[17] - The net profit for Q3 2022 was CNY 151,113,561.45, an increase of 5.8% compared to CNY 143,062,474.72 in Q3 2021[18] - The total profit for Q3 2022 reached CNY 172,616,513.23, up from CNY 165,374,395.57 in the same period last year, reflecting a growth of 1.5%[18] - The basic and diluted earnings per share for Q3 2022 were both CNY 0.59, compared to CNY 0.55 in Q3 2021, indicating a 7.3% increase[19] - The company reported a total comprehensive income of CNY 153,624,493.97 for Q3 2022, compared to CNY 143,062,474.72 in Q3 2021, reflecting an increase of 7.4%[19] Assets and Liabilities - The total assets at the end of the reporting period reached ¥3,916,942,557.99, an increase of 12.94% from the end of the previous year[4] - The total equity attributable to shareholders was ¥2,117,827,268.59, reflecting a growth of 5.68% year-on-year[4] - Total assets as of September 30, 2022, amounted to CNY 3,916,942,557.99, compared to CNY 3,468,257,470.12 at the end of 2021, reflecting a growth of 12.9%[16] - Total liabilities increased to CNY 1,798,545,523.60, up from CNY 1,464,240,226.71, marking a rise of 22.8%[15] - The company's equity attributable to shareholders reached CNY 2,117,827,268.59, an increase from CNY 2,004,017,243.41, representing a growth of 5.7%[16] - Contract liabilities surged to CNY 233,572,734.11, a significant increase of 59.0% from CNY 146,893,962.40 in the previous year[15] Cash Flow - The net cash flow from operating activities was negative at -¥274,300,672.05 for the quarter[3] - The net cash flow from operating activities for the first nine months of 2022 was CNY -227,279,522.03, an improvement from CNY -243,370,248.40 in the same period of 2021[22] - The company reported a decrease in cash flow from operating activities, totaling CNY 1,625,767,018.61 in outflows for the first nine months of 2022, compared to CNY 1,673,406,317.56 in 2021[22] - Cash inflow from financing activities in Q3 2022 was CNY 1,118,030,930.57, significantly higher than CNY 568,817,975.00 in Q3 2021[23] - The total cash and cash equivalents at the end of Q3 2022 stood at CNY 70,092,575.46, compared to CNY 66,081,086.16 at the end of Q3 2021[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,856[9] - The largest shareholder, Shandong Donghong Group Co., Ltd., held 50.96% of the shares[10] Costs and Expenses - Total operating costs for the first three quarters of 2022 were CNY 1,882,663,380.25, up 29.1% from CNY 1,456,306,871.94 in the previous year[17] - Research and development expenses increased to CNY 48,186,538.68, representing a 40.5% rise from CNY 34,311,750.88 in the same period last year[17] - The company's cash and cash equivalents decreased to CNY 241,236,603.03 from CNY 282,970,017.56 at the end of 2021, a decline of 14.7%[13] - Inventory levels rose significantly to CNY 677,949,663.38, up 53.5% from CNY 442,020,073.85 in the previous year[14] Investment Performance - The company reported a net loss from investments of CNY 10,468,259.04, contrasting with a gain of CNY 130,579.34 in the same period last year[17] - The company incurred a credit impairment loss of CNY -10,712,020.89 in Q3 2022, compared to CNY -21,172,315.79 in Q3 2021, indicating a reduction in losses[18] Sales Performance - The company reported a significant increase in sales orders, which contributed to the rise in operating revenue[7] - The company experienced a decrease in sales revenue, with cash received from sales of goods and services amounting to CNY 1,284,351,544.77 in the first nine months of 2022, down from CNY 1,321,923,474.47 in the same period of 2021[21]

记录表编号：2022-020 证券代码：603856 证券简称：东宏股份 山东东宏管业股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-------------------------|----------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | □特定对象调研 | □分析师会议 | | 投资 ...

记录表编号：2022-019 证券代码：603856 证券简称：东宏股份 山东东宏管业股份有限公司 投资者关系活动记录表 | --- | --- | --- | |---------------------------|----------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

记录表编号：2022-018 证券代码：603856 证券简称：东宏股份 山东东宏管业股份有限公司 投资者关系活动记录表 | --- | --- | --- | |------------------------------|-------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

记录表编号：2022-017 证券代码：603856 证券简称：东宏股份 山东东宏管业股份有限公司 投资者关系活动记录表 | --- | --- | --- | |---------------------------------------|------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

记录表编号：2022-016 证券代码：603856 证券简称：东宏股份 山东东宏管业股份有限公司 投资者关系活动记录表 | --- | --- | --- | |------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 1,402,620,778.66, representing a 24.84% increase compared to CNY 1,123,532,326.28 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was CNY 129,810,461.37, up 5.08% from CNY 123,530,360.74 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 122,897,855.93, an increase of 4.84% compared to CNY 117,226,729.09 in the same period last year[18]. - The net cash flow from operating activities was CNY 47,021,150.02, a significant improvement from a negative cash flow of CNY -60,128,937.14 in the previous year[18]. - Basic earnings per share for the first half of 2022 were CNY 0.50, up 4.17% from CNY 0.48 in the same period last year[20]. - The weighted average return on net assets was 6.33%, an increase of 0.22 percentage points compared to 6.11% in the previous year[20]. - The company reported an increase in sales orders, contributing to the growth in operating revenue[20]. - Operating costs rose to ¥1,112,333,301.54, reflecting a 30.54% increase from ¥852,084,116.07 in the previous year due to higher sales orders and quantities[46]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,779,345,979.73, reflecting an 8.97% increase from CNY 3,468,257,470.12 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company increased to CNY 2,097,309,468.10, a rise of 4.66% from CNY 2,004,017,243.41 at the end of the previous year[18]. - The company's inventory increased by 38.51% to ¥612,262,381.56, up from ¥442,020,073.85 in the previous year, primarily due to higher raw material and stock preparation[49]. - The total liabilities amounted to RMB 1,682,036,511.63, which is an increase from RMB 1,464,240,226.71, indicating a growth of about 14.9%[121]. Market Position and Strategy - The company is positioned to benefit from the national infrastructure investment, with fixed asset investment growing by 6.2% year-on-year in the first five months of 2022[27]. - The national water conservancy construction investment is expected to exceed 800 billion, with a goal of reaching 1 trillion by 2022, providing significant opportunities for the company[28]. - The company aims to become a global leader in integrated pipeline system solutions, leveraging digitalization and smart technology in pipeline engineering[31]. - The company has established a dual-driven sales model, focusing on municipal and water conservancy core markets while expanding internationally[31]. - The company anticipates a pipeline investment scale exceeding 1.4 trillion during the 14th Five-Year Plan period, with significant market opportunities in water supply and gas pipeline renovation[29]. Research and Development - The company is committed to technological research and development, aiming to enhance its competitive edge in the pipeline manufacturing sector[33]. - The company developed a large-diameter long-life steel-plastic composite pipeline with a diameter of 3620mm, which has been industrialized[38]. - The company holds 137 effective patents, including 9 invention patents and 14 utility model patents, enhancing its intellectual property advantage[40]. - Research and development expenses for the first half of 2022 were CNY 24,575,304.34, slightly down from CNY 24,643,232.69 in the previous year[130]. Legal and Compliance Issues - A significant litigation matter has been disclosed, indicating ongoing legal challenges faced by the company[85]. - The company reported a total of 463.13807 million yuan in a civil judgment requiring payment to the plaintiff, with interest due[86]. - The company has faced multiple lawsuits, including a significant case where it sought CNY 4,214,504.9 in payments and penalties from Chongqing Nengtou Yuxin Energy Co., Ltd.[92]. - The company has maintained a good integrity status with no outstanding court judgments or debts[97]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 12,142[106]. - The largest shareholder, Shandong Donghong Group Co., Ltd., holds 131,170,653 shares, accounting for 50.83% of the total shares[108]. - The company has not experienced any changes in its total share capital or share structure during the reporting period[104]. - The company considers Ni Liying as the actual controller, holding 12.12% of the company's shares directly and 44.56% of Donghong Group[109]. Financial Management - The company has implemented dynamic contract management to improve customer satisfaction and operational efficiency[36]. - The company has optimized its talent structure and established a performance-based salary system to attract and retain high-quality talent, supporting its high-quality development strategy[43]. - The company has actively engaged in emergency procurement and logistics adjustments during the pandemic to ensure timely delivery for key projects, demonstrating its operational capabilities[42]. Future Outlook - The company plans to expand its market presence and invest in new product development to drive future growth[130]. - Future performance guidance indicates a cautious optimism with expected growth in revenue and profitability metrics[146]. - The company expects revenue growth of 10% in the upcoming quarter, driven by new product launches and market expansion efforts[156].