2022 年第三季度报告 证券代码：605003 证券简称：众望布艺 众望布艺股份有限公司 2022 年第三季度报告 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。 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 | | 年初至报告 期末比上年 | | --- | --- | --- | --- | --- | | | | 比上年同 | 年初至报告期 | | | | | 期增减变 | 末 | 同期增减变 | | | | 动幅度(%) | | 动幅度(%) | | 营业收入 | 68,859,269.10 | -50.07 | 317,078,749.85 | -23.52 | | 归属于上市公司股东的净利润 | 8,265,457.75 | -74.80 | 80,217,891.21 | -26.45 | | 归属于上市公司股东的扣除非 | 10, ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 248,219,480.75, a decrease of 10.29% compared to the same period last year[17]. - The net profit attributable to shareholders for the first half of 2022 was CNY 71,952,433.46, down 5.66% year-on-year[17]. - Basic earnings per share for the first half of 2022 were CNY 0.65, a decrease of 5.80% from the same period last year[19]. - The weighted average return on net assets was 6.41%, down 1.06 percentage points year-on-year[19]. - The company reported a significant increase in trading financial assets from ¥51,229,096.01 to ¥162,861,737.90, an increase of about 217.5%[90]. - The total profit for the first half of 2022 was CNY 83,604,133.97, down from CNY 88,593,564.99 in the same period of 2021, a decline of 5.6%[99]. - The comprehensive income for the current period was CNY 71,672,040.66, compared to CNY 76,204,798.50 in the same period last year, indicating a decrease of about 5.5%[116]. Cash Flow and Assets - The net cash flow from operating activities increased by 33.50% to CNY 77,271,940.74 compared to the previous year[17]. - The company's cash and cash equivalents decreased by 42.26% to CNY 206.37 million, mainly due to investments in non-principal guaranteed bank financial products[37]. - Accounts receivable dropped by 47.11% to CNY 52.05 million, attributed to the high sales in the previous year and lower average sales in the current year[37]. - The total assets at the end of the reporting period were CNY 1,177,365,520.85, a decrease of 4.09% from the end of the previous year[17]. - The total liabilities decreased from ¥141,825,962.08 to ¥65,021,158.30, a decline of around 54.2%[93]. - The total equity attributable to the parent company at the end of the reporting period was CNY 1,112,344,362.55, an increase from CNY 982,553,876.29 at the end of the previous year, representing a growth of approximately 13.2%[115]. Market and Industry Context - The company’s main business focuses on the R&D, design, production, and sales of mid-to-high-end decorative fabrics and products, primarily serving the U.S. market[23]. - In the first half of the year, the overall profit of the home textile industry decreased by 18.42%, with profits of large-scale fabric enterprises down by 15.31%[23]. - The company faces market risks due to competition with international textile manufacturers and potential declines in global purchasing power affecting performance[49]. - The company is actively exploring new markets and clients to mitigate risks associated with economic downturns and declining consumer spending[49]. Investments and Projects - The company invested CNY 71.02 million in the project "Annual Production of 15 million meters of high-end decorative fabrics and R&D center construction," with a total investment of CNY 498.42 million, reaching 99.38% of the planned investment[32]. - The company established a joint venture, Wo Chi Textile, with a registered capital of $2 million, contributing $1.2 million from the company[40]. - The company has committed to a total of RMB 50.2 million for various investment projects, with a cumulative investment of RMB 49.84 million[44]. Environmental and Social Responsibility - The company is not classified as a key pollutant discharge unit and has implemented various environmental management procedures to enhance pollution control[57]. - The company holds an Environmental Management System Certification compliant with GB/T24001-2016/ISO14001:2015 standards, valid until June 13, 2023[58]. - The company has not reported any administrative penalties related to environmental issues during the reporting period[59]. Corporate Governance and Shareholder Information - Major shareholders have pledged not to transfer or manage their shares for 36 months post-IPO, with specific conditions for share reduction thereafter[65]. - The company has committed to avoiding any direct or indirect competition with its major shareholders and controlling parties[66]. - The total number of ordinary shareholders as of the end of the reporting period is 5,012[80]. - There are no significant litigation or arbitration matters during the reporting period[76]. Accounting Policies and Financial Reporting - The company’s accounting policies comply with the requirements of enterprise accounting standards, ensuring accurate financial reporting[130]. - The company recognizes government subsidies as monetary assets measured at the amount received or receivable, and non-monetary assets at fair value or nominal amount if fair value cannot be reliably obtained[189]. - The company has not made any changes to significant accounting policies or estimates during the reporting period[198].

2022 年第一季度报告 一、 主要财务数据 (一)主要会计数据和财务指标 1 / 11 证券代码：605003 证券简称：众望布艺 众望布艺股份有限公司 2022 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、准确性和完整性依法承担法律责任。 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报表 信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 2022 年第一季度报告 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 152,280,364.06 7.63 归属于上市公司股东的净利润 38,294,907.18 -9.05 归属于上市公司股东的扣除非经常 性损益的净利润 37,139,126.56 -2.22 经营活动产生的现金流量净额 45,425,528.15 419.80 基本每股 ...

Financial Performance - The company's operating revenue for 2021 was CNY 587,006,533.90, representing an increase of 18.49% compared to CNY 495,420,535.33 in 2020[22] - The net profit attributable to shareholders for 2021 was CNY 147,185,744.74, a growth of 4.77% from CNY 140,483,096.97 in the previous year[22] - The basic earnings per share for 2021 decreased to CNY 1.34, down 31.63% from CNY 1.96 in 2020[23] - The total assets of the company at the end of 2021 were CNY 1,227,598,283.97, an increase of 11.16% from CNY 1,104,375,457.26 at the end of 2020[22] - The net assets attributable to shareholders increased to CNY 1,085,772,321.89, reflecting a growth of 10.51% compared to CNY 982,553,876.29 in 2020[22] - The cash flow from operating activities for 2021 was CNY 135,766,838.63, a decrease of 5.85% from CNY 144,200,515.05 in 2020[22] - The weighted average return on equity for 2021 was 14.28%, down from 26.18% in 2020, indicating a decline of 11.90%[23] - The company achieved operating revenue of 587.01 million, representing a year-on-year growth of 18.49%[45] - Net profit attributable to shareholders reached 147.19 million, with a year-on-year increase of 4.77%[45] Cost and Expense Management - The company faced significant cost pressures, with the price of key raw materials like POY and DTY increasing by over 30% compared to 2020[32] - Shipping costs surged dramatically, with freight rates from Shanghai to the U.S. East Coast rising by 208.69% to 19,000 USD per container by year-end[32] - Operating costs rose by 28.92% to ¥370,823,285.22, primarily due to increased sales volume and rising raw material and transportation costs[46] - The home textile industry faced significant cost pressures, with operating costs increasing by 6.94%, outpacing revenue growth[36] Investment and Development - The company invested 229.97 million RMB in its fundraising project, with total project investments reaching 427.40 million RMB, exceeding 85% of the total planned investment[34] - The company invested 7.95 million in design expenses in 2021, accounting for 39.31% of total R&D expenses[42] - Research and development expenses grew by 15.43% to ¥20,213,833.82, reflecting the company's expansion in sales scale[46] - The company plans to enhance technological innovation focusing on new fiber materials and smart textile processing technologies to drive digital transformation[72] - The company will accelerate the construction of fundraising projects to enhance production and R&D capabilities, thereby improving profitability[134] Market Expansion and Strategy - The company expanded its market presence by entering the Mexican market and launching new product lines during the reporting period[33] - The company aims to deepen its presence in the U.S. market while expanding sales to Mexico, the Middle East, Europe, and domestic markets[78] - The company plans to distribute a cash dividend of CNY 4.1 per 10 shares, totaling CNY 45,100,000.00 for the year 2021[6] Risk Management - The company has outlined potential risks in its future development strategy, urging investors to be cautious[8] - The company faces market risks due to competition from U.S. companies like CULP and Valdese, which may impact market share and profitability if it fails to adapt to market changes[79] - The company is exposed to operational risks related to the fast-changing fashion industry, requiring constant new product development to attract consumers[81] - The company acknowledges potential impacts from the global pandemic but believes its long-term operations will remain stable due to strong downstream clients[81] Corporate Governance and Management - The company reported a total compensation of 532.84 million yuan for its directors and senior management during the reporting period[90] - The chairman and general manager, Yang Linshan, received a pre-tax compensation of 118.00 million yuan[90] - The company has established a salary management system based on job evaluation and market salary surveys to ensure internal and external fairness[111] - The company has a clear and complete decision-making process for profit distribution, ensuring the protection of minority shareholders' rights[116] Financial Health and Compliance - The audit opinion confirms that the financial statements fairly reflect the company's financial position as of December 31, 2021[177] - The company has maintained a good integrity status, with no significant debts or court judgments unfulfilled during the reporting period[145] - The company has not faced any penalties from securities regulatory agencies in the past three years[98] - The company has no major litigation or arbitration matters during the reporting period, indicating a stable legal environment[145] Environmental and Social Responsibility - The company has implemented various environmental management procedures to strengthen pollution management since its establishment[123] - The company holds an environmental management system certification that complies with GB/T24001-2016/ISO 14001:2015 standards, valid until June 13, 2023[123] - The company is committed to green development, promoting eco-design and developing energy-efficient, low-carbon products[73]

Financial Performance - Q3 2021 revenue was CNY 137,899,839.31, a decrease of 8.76% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 32,795,088.97, down 16.72% year-on-year[4] - Basic earnings per share for the quarter was CNY 0.30, a decline of 49.15% compared to the previous year[5] - The company reported a net profit excluding non-recurring items of CNY 31,030,682.89, down 13.29% year-on-year[4] - The net profit for Q3 2021 was CNY 109,060,614.67, an increase of 13.5% compared to CNY 96,025,530.02 in Q3 2020[16] - The total profit for Q3 2021 reached CNY 127,654,780.28, up from CNY 113,371,162.72 in the same period last year, reflecting a growth of 12.5%[16] - The basic and diluted earnings per share for Q3 2021 were both CNY 0.99, down from CNY 1.45 in Q3 2020, indicating a decrease of 31.7%[17] - The total comprehensive income for Q3 2021 was CNY 108,041,014.27, compared to CNY 95,557,848.72 in Q3 2020, reflecting an increase of 12.8%[16] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,148,544,008.49, an increase of 4.00% from the end of the previous year[5] - The company's total liabilities decreased to ¥101,949,117.93 from ¥121,821,580.97 year-over-year[14] - The total assets of the company reached ¥1,148,544,008.49, up from ¥1,104,375,457.26 at the end of 2020[13] - The equity attributable to shareholders increased to ¥1,046,594,890.56 from ¥982,553,876.29 at the end of 2020[14] - Total operating costs for the first three quarters of 2021 were ¥298,781,760.35, up 24.2% from ¥240,500,653.41 in the previous year[15] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 96,808,555.60, up 32.84% year-on-year[6] - Cash flow from operating activities for the first three quarters of 2021 was CNY 96,808,555.60, an increase of 32.8% from CNY 72,877,551.92 in the same period of 2020[17] - The cash and cash equivalents at the end of Q3 2021 stood at CNY 163,494,017.99, a decrease from CNY 73,159,918.36 at the end of Q3 2020[18] - The company's cash and cash equivalents as of September 30, 2021, amounted to ¥365,143,809.12, a decrease from ¥399,219,081.79 at the end of 2020[12] - Total cash inflow from investment activities in the first three quarters of 2021 was CNY 689,140,879.63, compared to CNY 434,699,629.89 in 2020, representing a growth of 58.5%[18] - The net cash flow from investment activities for the first three quarters of 2021 was -CNY 266,684,715.80, an improvement from -CNY 545,538,046.06 in the same period last year[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,033[8] - The total equity attributable to shareholders increased by 6.52% to CNY 1,046,594,890.56 compared to the end of the previous year[5] Research and Development - Research and development expenses for the first three quarters of 2021 were ¥13,072,892.05, compared to ¥11,832,776.24 in the same period of 2020, indicating a growth in R&D investment[15] Government Subsidies - The company received government subsidies amounting to CNY 145,337.51 during the quarter, contributing to its financial performance[6] Inventory and Non-current Assets - Inventory increased to ¥100,958,322.50 from ¥96,957,897.04 year-over-year[13] - Non-current assets totaled ¥443,528,402.63 as of September 30, 2021, compared to ¥281,306,058.31 at the end of 2020, reflecting a significant increase[13] Impairment Loss - The company incurred a credit impairment loss of CNY 177,950.23 in Q3 2021, compared to a loss of CNY 2,211,863.04 in Q3 2020, indicating a significant reduction in losses[16]

Financial Performance - Q3 2021 revenue was CNY 137,899,839.31, a decrease of 8.76% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 32,795,088.97, down 16.72% year-on-year[4] - Basic earnings per share decreased by 49.15% to CNY 0.30[5] - Total operating revenue for the first three quarters of 2021 reached ¥414,597,770.24, a 20.1% increase from ¥345,139,454.87 in the same period of 2020[16] - Net profit for the first three quarters of 2021 was ¥109,060,614.67, representing a 13.6% increase compared to ¥96,025,530.02 in the previous year[17] - Total profit for the first three quarters of 2021 was ¥127,654,780.28, up 12.5% from ¥113,371,162.72 in the same period of 2020[17] - Basic earnings per share for the first three quarters of 2021 were ¥0.99, down from ¥1.45 in the previous year[17] Assets and Liabilities - Total assets increased by 4.00% to CNY 1,148,544,008.49 compared to the end of the previous year[5] - The company's current assets totaled RMB 705,015,605.86, down from RMB 823,069,398.95 at the end of 2020, indicating a decrease of about 14.3%[13] - Total liabilities decreased to RMB 101,949,117.93 from RMB 121,821,580.97, marking a reduction of approximately 16.3%[14] - The equity attributable to shareholders rose to RMB 1,046,594,890.56 from RMB 982,553,876.29, reflecting an increase of about 6.5%[14] - The total non-current assets amounted to RMB 443,528,402.63, up from RMB 281,306,058.31, representing an increase of approximately 57.7%[13] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 96,808,555.60, an increase of 32.84%[6] - Operating cash flow for the first three quarters of 2021 was ¥96,808,555.60, an increase of 32.8% from ¥72,877,551.92 in the same period of 2020[18] - The net cash flow from investing activities was -$266,684,715.80, an improvement from -$545,538,046.06 in the previous year[19] - Cash inflow from financing activities was $237,544.56, a sharp decline from $526,687,697.55 in the same quarter last year[19] - The ending cash and cash equivalents balance was $163,494,017.99, down from $73,159,918.36 year-over-year[19] - The company reported a cash and cash equivalents net decrease of $215,511,273.20, contrasting with an increase of $32,195,425.80 in the previous year[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 110,000,000[8] - The largest shareholder, Hangzhou Zhongwang Industrial Co., Ltd., holds 73.35% of the shares[8] Other Financial Metrics - The weighted average return on equity decreased by 6.15 percentage points to 3.20%[5] - The company reported a decrease in diluted earnings per share of 49.15% to CNY 0.30[5] - Research and development expenses rose to ¥13,072,892.05, a 10.5% increase from ¥11,832,776.24 year-on-year[16] - The company reported a financial income of ¥6,350,109.20, compared to a financial expense of ¥485,666.67 in the previous year, indicating a significant improvement[16] - The company experienced a decrease in other comprehensive income, with a net amount of -¥1,019,600.40 compared to -¥467,681.30 in the previous year[17] Investment Activities - The company invested $190,825,595.43 in fixed assets, intangible assets, and other long-term assets, compared to $86,237,675.95 last year[19] - The company paid $44,000,000.00 in dividends, marking a new cash outflow in financing activities[19] Market and Product Development - The company has not reported any significant new product developments or market expansions in this quarter[10]

Financial Performance - The company's operating revenue for the first half of 2021 reached approximately CNY 276.70 million, representing a 42.63% increase compared to CNY 194.00 million in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2021 was approximately CNY 76.27 million, a 34.63% increase from CNY 56.65 million in the previous year[17]. - The basic earnings per share decreased by 19.77% to CNY 0.69 from CNY 0.86 in the same period last year[17]. - The net cash flow from operating activities increased by 77.55% to approximately CNY 57.88 million, compared to CNY 32.60 million in the previous year[17]. - The total assets of the company at the end of the reporting period were approximately CNY 1.13 billion, a 1.92% increase from CNY 1.10 billion at the end of the previous year[17]. - The net assets attributable to shareholders increased by 3.28% to approximately CNY 1.01 billion from CNY 982.55 million at the end of the previous year[17]. - The weighted average return on net assets decreased by 7.84 percentage points to 7.47% from 15.31% in the previous year[17]. - The company reported a decrease of 16.88% in the basic earnings per share after deducting non-recurring gains and losses, down to CNY 0.64 from CNY 0.77[17]. - The net profit after deducting non-recurring gains and losses was approximately CNY 70.06 million, a 37.91% increase from CNY 50.80 million in the previous year[17]. Market and Industry Insights - The home textile industry in China saw a revenue growth of 22.83% and a profit growth of 10.75% from January to May 2021, with specific segments like bedding experiencing a revenue increase of 27.18% and profit growth of 41.28%[19]. - Exports of home textile products reached $17.646 billion in the first five months of 2021, marking a year-on-year increase of 57.34%, with export volume up by 50.7% and average price up by 4.42%[19]. - The company’s main products, including decorative fabrics and sofa covers, are primarily sold in the U.S. market, with significant partnerships with major furniture manufacturers[22]. - The company reported a stable growth in domestic sales, with a year-on-year increase of 21.25% in the first five months of 2021, and a 3.48% increase compared to the same period in 2019[21]. - The U.S. market for home textile exports grew by 72.64% year-on-year, reaching $4.404 billion, outperforming the global average growth rate[21]. - The company’s export of bedding, fabric products, and carpets accounted for 78.7% of total exports, with significant growth rates of 58.28%, 58.26%, and 71.38% respectively[20]. - The ASEAN market has become the second-largest export market for the company, with a year-on-year growth of 62.65% in the first five months of 2021[21]. Research and Development - The company has established a strong design and R&D team, focusing on innovative fabric technologies and maintaining industry-leading technical indicators[24]. - The company's R&D expenses for the first half of 2021 amounted to CNY 8,833,063.69, reflecting a growth of 23.12% year-on-year[30]. - The company plans to continue increasing investment in design, with design expenses accounting for approximately 43.48% of R&D costs in the first half of 2021[25]. - The company emphasizes new product development to maintain market share in the fashion-driven textile industry[43]. Operational Efficiency - The company employs a "make-to-order" production model, which helps reduce inventory and improve cash flow management[23]. - The company maintained a stable customer base, primarily consisting of internationally renowned furniture manufacturers, which contributes to stable product demand[26]. - The company has established a comprehensive product quality management system, ensuring compliance with international quality standards through rigorous testing[26]. - The company is located in Hangzhou, Zhejiang Province, benefiting from a well-developed textile industry cluster that supports raw material procurement and logistics[27]. Financial Management - The company reported a contract liability of 2,291,703.53 RMB, an increase of 50.15% compared to the previous period[33]. - The company has total foreign assets of 8,001.20 million RMB, accounting for 7.11% of total assets[34]. - The company invested CNY 12,108.13 million in the fundraising project for the construction of a high-end decorative fabric production line and R&D center, with total investment reaching CNY 31,850.97 million, exceeding 60% of the total project investment[28]. - The company's gross profit margin was impacted by a 70.31% increase in operating costs, primarily due to rising material prices and logistics costs[30]. - The company plans to improve capital efficiency and control funding costs while enhancing internal controls and cost management[60]. Shareholder and Governance - The company has made commitments regarding shareholding restrictions, including a 36-month lock-up period for major shareholders[55]. - Major shareholders have pledged not to transfer or manage their shares during the lock-up period and to maintain a minimum selling price post-lock-up[58]. - The company has received commitments from its actual controllers and major shareholders to avoid any direct or indirect competition with its existing business[58]. - The controlling shareholders have committed to not interfere with the company's management and to protect company interests[62]. - The company has not proposed any profit distribution or capital reserve transfer for the half-year period[47]. Environmental and Regulatory Compliance - The company is not classified as a key pollutant discharge unit and has not faced any administrative penalties related to environmental issues[50]. - The company holds an Environmental Management System Certification that complies with GB/T24001-2016/ISO 14001:2015 standards, valid until June 13, 2023[51]. - The company has established various environmental management procedures to enhance pollution control since its inception[50]. - There are no reported measures taken to reduce carbon emissions during the reporting period[52]. Legal and Compliance Status - There were no significant lawsuits or arbitration matters reported during the reporting period, indicating a stable legal environment for the company[68]. - The company has not engaged in any significant related party transactions during the reporting period, reflecting a focus on operational integrity[70]. - The company’s integrity status remains good, with no unfulfilled court judgments or significant overdue debts reported[68]. - The company has not faced any penalties or corrective actions related to violations of laws or regulations during the reporting period[68]. Accounting and Financial Reporting - The financial report is prepared in RMB, with the balance sheet as of June 30, 2021, being part of the audit report[86]. - The company's accounting period runs from January 1 to December 31 each year[123]. - The company has adopted a short operating cycle of 12 months for classifying assets and liabilities[124]. - The company's functional currency for accounting purposes is RMB[125]. - The company utilizes the equity method for joint ventures and recognizes its share of assets, liabilities, and income accordingly[128]. Cash Flow and Investments - The company reported a total cash balance of CNY 337,970,027.92 at the end of the period, down from CNY 399,219,081.79 at the beginning[189]. - The total amount of funds held overseas was CNY 8,655,993.56, down from CNY 11,073,006.73[190]. - The company received government subsidies that are recognized as deferred income, impacting future financial performance[180]. - The company’s accounting policies include the treatment of government subsidies related to assets and income, affecting overall financial reporting[180].

Financial Performance - Net profit attributable to shareholders rose by 50.01% to CNY 42,105,653.85 year-on-year[5] - Operating revenue grew by 36.42% to CNY 141,483,089.38 compared to the same period last year[5] - Total revenue for Q1 2021 reached ¥141,483,089.38, an increase of 36.5% compared to ¥103,707,632.52 in Q1 2020[21] - Net profit for Q1 2021 was ¥42,105,653.85, representing a 50.1% increase from ¥28,068,665.02 in Q1 2020[22] - Operating profit for Q1 2021 was ¥48,503,256.82, a rise of 44.5% compared to ¥33,565,720.75 in Q1 2020[22] - The company's total equity rose to ¥1,024,729,006.57, compared to ¥982,553,876.29 at the end of 2020[15] - The company's equity increased to ¥1,007,505,094.44 in Q1 2021, up from ¥966,341,272.10 in Q1 2020, indicating a growth of 4.3%[19] - The net profit for Q1 2021 was CNY 41,163,822.34, up 51.3% from CNY 27,204,264.73 in Q1 2020[24] - Basic and diluted earnings per share for Q1 2021 were both CNY 0.48, compared to CNY 0.43 in Q1 2020, reflecting an increase of 11.6%[23] Assets and Liabilities - Total assets increased by 4.38% to CNY 1,152,757,498.32 compared to the end of the previous year[5] - Total assets as of March 31, 2021, amounted to ¥1,152,757,498.32, up from ¥1,104,375,457.26 at the end of 2020[14] - Total liabilities increased to ¥128,028,491.75 from ¥121,821,580.97, indicating a rise in financial obligations[15] - Total liabilities rose to ¥131,874,547.21 in Q1 2021, compared to ¥127,509,708.66 in Q1 2020, marking an increase of 2.0%[19] - Cash and cash equivalents stood at ¥400,803,511.31, slightly up from ¥399,219,081.79[13] - The ending balance of cash and cash equivalents was $137,639,857.24, significantly higher than $14,168,353.62 from the previous year[30] Cash Flow - Net cash flow from operating activities decreased by 70.64% to CNY 8,739,051.01 compared to the previous year[5] - Cash received from operating activities decreased by 44.62% to ¥2,599,133.97 compared to the previous period[11] - Cash flow from operating activities for Q1 2021 was CNY 8,739,051.01, down 70.7% from CNY 29,766,384.09 in Q1 2020[26] - The net cash flow from operating activities was $3,651,477.61, a decrease of 86.7% compared to $27,425,853.18 in the previous year[30] - The net cash flow from investing activities was -$235,921,100.18, compared to -$46,323,429.96 in the previous year, indicating a significant increase in cash outflow[30] - The total cash outflow from investment activities reached $360,093,262.93, an increase of 52.8% from $235,729,874.65[30] Expenses - Total operating costs for Q1 2021 were ¥97,156,131.85, up 34.2% from ¥72,403,412.72 in Q1 2020[21] - The total operating expenses for Q1 2021 were CNY 86,602,934.26, which is an increase from CNY 63,100,000.00 in Q1 2020[23] - Research and development expenses for Q1 2021 were ¥4,550,274.54, compared to ¥4,083,538.93 in Q1 2020, showing an increase of 11.5%[21] - Sales expenses decreased by 57.95% to CNY 3,423,885.34 due to reclassification of logistics costs[10] Shareholder Information - The number of shareholders reached 8,220 at the end of the reporting period[8] - The largest shareholder, Hangzhou Zhongwang Industrial Co., Ltd., holds 73.35% of the shares[8] Taxation - Tax payments increased by 75.79% to ¥15,909,736.17 due to higher income tax payments in the current period[11] - The company received tax refunds of CNY 11,683,110.76 in Q1 2021, compared to CNY 9,438,475.19 in Q1 2020, indicating a 24.0% increase[27] Other Financial Metrics - The weighted average return on equity decreased by 3.69 percentage points to 4.20%[5] - The company reported a financial income of ¥4,467,465.80 in Q1 2021, a significant improvement from a financial expense of ¥1,349,097.45 in Q1 2020[21] - Other comprehensive income after tax for Q1 2021 was ¥69,476.43, down from ¥248,542.79 in Q1 2020, reflecting a decrease of 72.0%[22] - The company reported a net profit forecast for the year without significant changes compared to the previous year[11]

Financial Performance - In 2020, the company's operating revenue reached ¥495,420,535.33, representing a 1.44% increase compared to ¥488,366,133.43 in 2019[23] - The net profit attributable to shareholders was ¥140,483,096.97, marking a 12.93% increase from ¥124,403,474.27 in the previous year[23] - Basic earnings per share for 2020 were ¥1.96, up 4.26% from ¥1.88 in 2019[24] - The weighted average return on equity decreased to 26.18% from 42.51% in 2019, a decline of 16.33 percentage points[24] - The net cash flow from operating activities was ¥144,200,515.05, a 4.75% increase from ¥137,663,145.73 in 2019[23] - The company achieved a revenue of RMB 494.42 million in 2020, representing a year-on-year growth of 1.44%[51] - The net profit attributable to shareholders was RMB 140.48 million, with a year-on-year increase of 12.93%[51] - The company reported a total cost of 284,421,455.78, which is a 2.22% increase from 278,250,782.82 in the previous year[63] - The company reported a total of ¥576,969,159.04 in capital reserves in 2020, compared to ¥96,969,159.04 in 2019, reflecting a growth of approximately 494.0%[186] Assets and Liabilities - The company's total assets as of December 31, 2020, amounted to ¥1,104,375,457.26, a 146.60% increase from ¥447,835,760.03 at the end of 2019[23] - The net assets attributable to shareholders increased by 187.59% to ¥982,553,876.29 from ¥341,649,067.86 in 2019[23] - Total liabilities amounted to ¥121,821,580.97 in 2020, an increase from ¥106,186,692.17 in 2019, which is an increase of about 14.5%[186] - Owner's equity rose significantly to ¥982,553,876.29 in 2020 from ¥341,649,067.86 in 2019, marking an increase of approximately 187.5%[186] - Cash and cash equivalents were reported at ¥399,219,081.79 in 2020, compared to ¥109,559,506.97 in 2019, showing a substantial increase of about 264.5%[184] Market and Industry Insights - In 2020, the home textile industry saw a revenue decline of approximately 30% in Q1 due to the pandemic, but it recovered to a near year-on-year level by the end of the year[36] - The total revenue for 2020 among 1,796 large-scale home textile enterprises was ¥185.73 billion, a slight decrease of 0.76% year-on-year, while total profit increased by 14.73% to ¥10.446 billion[36] - The company’s revenue from the fabric sector increased by 11.04% year-on-year, with total profit rising by 42.74%[36] - The U.S. sofa market is expected to grow, positively impacting the demand for the company's fabric products[79] Research and Development - The company has developed 1,798 fabric patterns and 26,859 styles, launching a new eco-friendly fabric series "Z-CYCLE" made from over 30% recycled materials[49] - The company has a strong design and R&D team, with design expenses accounting for approximately 40.64% and 42.74% of R&D costs in 2019 and 2020, respectively[43] - The total R&D expenditure amounted to 17,511,907.25, representing 3.53% of total operating revenue[64] Shareholder and Governance - The company has commitments from major shareholders to avoid transferring or managing their shares for 36 months post-IPO, ensuring stability in shareholding[92] - The company has a commitment to avoid any direct or indirect competition with its existing business from its major shareholders and actual controllers[96] - The company has established a plan to limit any share reduction to no more than 6% of the total share capital in the two years following the lock-up period[95] - The company has a policy that any dividends or stock bonuses will adjust the issuance price accordingly[95] - The company has committed to publicly disclose any failure to fulfill its commitments and apologize to shareholders if necessary[94] Operational Risks and Challenges - The company faces market risks due to competition from international fabric manufacturers and must adapt to market changes to maintain its competitive position[83] - The company is exposed to operational risks related to the fast-changing consumer preferences in the fashion industry, which may affect new product development[83] - The company has a high proportion of overseas sales, primarily settled in USD, making it vulnerable to exchange rate fluctuations[84] Corporate Social Responsibility - The company donated RMB 30,000 to the Red Cross Society in Hangzhou during the COVID-19 outbreak and provided 11,000 masks to affected regions later in the year[117] - The company has implemented various environmental management procedures to mitigate pollution from its operations[119] Employee and Management Structure - The total number of employees in the parent company is 500, while the total number of employees in major subsidiaries is 154, resulting in a combined total of 654 employees[154] - The company emphasizes talent cultivation and provides a broad career development platform through targeted training programs, including new employee training and leadership training[156] - The professional composition of employees includes 525 production personnel, 14 sales personnel, 64 technical personnel, 9 financial personnel, and 42 administrative personnel[154] Audit and Compliance - The company conducted a thorough audit of its financial statements, confirming they fairly reflect its financial position as of December 31, 2020[170] - The audit aims to provide reasonable assurance that the financial statements are free from material misstatement due to fraud or error[178] - There were no significant internal control deficiencies reported during the period[166]

2020 年第三季度报告 公司代码：605003 简称：众望布艺 众望布艺股份有限公司 2020 年第三季度报告 1/20 单位：元 币种：人民币 1.2 公司全体董事出席董事会审议季度报告。 | 目录 | | --- | 1.3 公司负责人杨林山、主管会计工作负责人张盈及会计机构负责人（会计主管人员）李九香保 证季度报告中财务报表的真实、准确、完整。 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 5 | | 四、 | 附录 | 8 | 1.4 本公司第三季度报告未经审计。 2020 年第三季度报告 二、 公司基本情况 一、 重要提示 2.1 主要财务数据 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。 | | 本报告期末 | | 上年度末 | | 本报告期末比上 年度末增减(%) | | | --- | --- | --- | --- | --- | --- | --- | | 总资产 | 1,032 ...