证券代码：605318 证券简称：法狮龙 公告编号：2023-020 法狮龙家居建材股份有限公司 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度 和 2023 年第一季度的经营成果及财务指标的具体情况与投资者进行 互动交流和沟通，在信息披露允许的范围内就投资者普遍关注的问 题进行回答。 关于召开 2022 年度暨 2023 年第一季度业绩说明会 的公告 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法律责任。 重要内容提示： 会议召开时间：2023 年 06 月 01 日(星期四) 下午 13:00- 14:00 会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 05 月 25 日(星期四) 至 05 月 31 日(星期 三)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或 通过公司邮箱 investors@fsilon.com 进行提问。公司将在说明会上 对投资者普遍 ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥237,706,818.02, representing a 50.53% increase compared to ¥157,909,108.14 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2021 was ¥28,351,413.82, a 25.11% increase from ¥22,661,630.45 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥27,327,751.70, up 42.93% from ¥19,119,286.20 in the same period last year[21]. - The total operating revenue for the first half of 2021 reached ¥237,706,818.02, a significant increase of 50.5% compared to ¥157,909,108.14 in the same period of 2020[109]. - Operating profit rose to ¥32,104,523.77, up 33.1% from ¥24,117,293.29 in the first half of 2020[110]. - The total operating costs increased to ¥205,895,778.27, up 53.0% from ¥134,522,309.50 in the first half of 2020[109]. - The company reported a financial expense of -¥7,110,656.46, compared to -¥2,082,687.67 in the previous year, indicating improved financial management[109]. - The total comprehensive income for the first half of 2021 was ¥28,351,413.82[124]. - The profit distribution for the first half of 2021 included a loss of ¥38,751,345.60, indicating a significant financial challenge[126]. Cash Flow and Investments - The net cash flow from operating activities was -¥24,242,135.28, a significant decrease of 208.30% compared to ¥22,384,800.98 in the previous year[21]. - The company’s investment activities generated a net cash flow of ¥99,302,212.16, a significant recovery from the previous year[42]. - Cash inflow from operating activities reached CNY 290,578,487.55, up from CNY 151,958,832.85 in the first half of 2020, indicating an increase of about 91.5%[115]. - The net cash flow from investment activities was CNY 99,302,212.16, a recovery from a negative CNY -92,160,573.96 in the same period last year[117]. - Cash inflow from financing activities totaled CNY 60,000,000.00, with cash outflow for debt repayment also at CNY 60,000,000.00, resulting in a net cash flow of CNY -547,541.12[117]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,174,630,790.43, an increase of 4.79% from ¥1,120,948,095.20 at the end of the previous year[21]. - The total liabilities amounted to ¥340,895,764.64, compared to ¥253,305,625.90 in the previous year, reflecting an increase of approximately 34.6%[107]. - The company's total liabilities at the end of the reporting period were CNY 96,878,364.00, consistent with the previous period[135]. - The company's inventory increased by 7.12% to 49.51 million due to rising prices[46]. - The company's cash and cash equivalents amounted to ¥615,352,154, an increase from ¥586,529,356.29 at the end of 2020[102]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,524[94]. - The top shareholder, Fashilong Investment Holdings Co., Ltd., holds 72,000,000 shares, representing 55.74% of the total shares[96]. - The second largest shareholder, Shen Zhenghua, owns 11,520,000 shares, accounting for 8.92%[96]. - The company reported no significant litigation or arbitration matters during the reporting period[87]. - The company has not disclosed any updates regarding stock incentive plans or employee stock ownership plans[60]. Business Operations - The main business involves the research, production, and sales of integrated ceilings and walls, with no significant changes in the business model since establishment[28]. - The company employs a "sales-driven production" model, where production plans are based on sales forecasts and historical data[31]. - The integrated ceiling industry is transitioning to a new model called "top-wall integration," expanding product lines to include walls and ceilings for various living spaces[35]. - The company has expanded its market from residential to commercial sectors, including hotels, office buildings, and hospitals[35]. - The company has established 1,161 dealers in third and fourth-tier cities, enhancing its market presence in these areas[39]. Research and Development - Research and development expenses increased by 64.60% to ¥8,994,478.13, indicating a commitment to innovation[42]. - The company is actively promoting brand marketing strategies to enhance product recognition and competitiveness[53]. Social Responsibility - The company has contributed to social employment by hiring over 300 individuals from January to June 2021[62]. - The company donated 200,000 yuan to support local cultural initiatives in Jiaxing on June 1, 2021[63]. - The company has maintained its commitment to social responsibility by donating 20,000 yuan to the Red Cross for assistance programs on May 28, 2021[63]. Financial Management and Accounting Policies - The financial statements are prepared in accordance with the requirements of the enterprise accounting standards, reflecting the company's financial position and operating results accurately[146]. - The company’s accounting policies include specific measures for financial instrument impairment, fixed asset depreciation, and revenue recognition[145]. - The company recognizes revenue based on the transfer of control of goods or services to customers, either over time or at a point in time[195].

Financial Performance - The company's operating revenue for Q3 2022 was ¥150,616,906.22, a decrease of 24.49% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2022 was ¥1,212,621.51, down 89.92% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥862,127.16, a decline of 107.55% compared to the same period last year[5] - The basic earnings per share for Q3 2022 was ¥0.01, a decrease of 88.89% year-on-year[6] - The diluted earnings per share for Q3 2022 was also ¥0.01, reflecting an 88.89% decline compared to the previous year[6] - The weighted average return on equity was 0.18%, a decrease of 1.24 percentage points from the previous year[6] - Total operating revenue for the first three quarters of 2022 reached ¥491,096,494.55, an increase of 12.3% compared to ¥437,176,118.51 in the same period of 2021[19] - Net profit for the third quarter of 2022 was ¥15,926,840.21, a decrease of 60.6% from ¥40,377,192.84 in the same quarter of 2021[20] - Basic and diluted earnings per share for the third quarter of 2022 were both ¥0.12, down from ¥0.31 in the same quarter of 2021[21] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥1,293,991,544.61, representing a 3.33% increase from the end of the previous year[6] - The equity attributable to shareholders at the end of Q3 2022 was ¥796,831,044.28, a decrease of 1.46% compared to the end of the previous year[6] - Total liabilities as of September 30, 2022, were CNY 495,962,792.39, indicating a rise from the previous period[16] - Total current liabilities rose to CNY 495,962,792.39 from CNY 442,385,068.97, marking an increase of about 12.1%[16] - Total liabilities as of the end of the third quarter of 2022 were ¥497,160,500.33, compared to ¥443,618,983.23 at the end of the same quarter in 2021[17] - Total equity attributable to shareholders was ¥796,831,044.28, a slight decrease from ¥808,618,260.26 in the same period of 2021[17] Cash Flow - The cash flow from operating activities for the year-to-date was -¥32,344,211.57, indicating a significant cash outflow[6] - Cash flow from operating activities for the first three quarters of 2022 showed a net outflow of ¥77,040,977.87, compared to a net outflow of ¥32,344,211.57 in the same period of 2021[24] - The company reported a total cash inflow from operating activities of ¥575,607,793.69 for the first three quarters of 2022, compared to ¥524,488,940.23 in the previous year[24] - The cash and cash equivalents at the end of the period amounted to ¥439,219,000.64, an increase from ¥366,957,410.51 in the previous year[25] - The company reported a net increase in cash and cash equivalents of ¥826,133.50, a decrease from ¥63,970,295.14, indicating tighter cash flow management[25] Expenses - The company reported an increase in management expenses, primarily due to employee stock payment costs, impacting net profit[10] - Total operating costs for the first three quarters of 2022 were ¥476,455,852.76, up 21.1% from ¥390,294,099.78 in the previous year[19] - Research and development expenses for the third quarter of 2022 amounted to ¥24,358,150.37, an increase of 46.5% from ¥16,619,429.70 in the same quarter of 2021[20] - The company experienced an increase in sales expenses, which rose to ¥52,758,280.79 in the third quarter of 2022, compared to ¥40,512,293.82 in the same quarter of 2021[20] Investments and Financing - The cash outflow from investment activities totaled ¥349,422,622.62, compared to ¥122,147,487.33 in the previous year, indicating a significant increase in investment activities[25] - The net cash flow from investment activities was ¥14,739,318.30, down from ¥75,863,968.73, suggesting a decrease in returns from investments[25] - The net cash flow from financing activities was ¥63,127,793.07, up from ¥20,450,537.98 year-over-year, reflecting improved financing conditions[25] - The total cash inflow from financing activities was ¥245,438,275.95, compared to ¥120,173,817.65 in the previous year, highlighting increased capital raising efforts[25] - The company received ¥209,900,000.00 in cash from borrowings, compared to ¥90,000,000.00 in the same quarter last year, showing a strong reliance on debt financing[25] - Cash paid for debt repayment was ¥80,000,000.00, an increase from ¥60,259,697.86, indicating a focus on managing debt levels[25] - Cash paid for dividends and interest was ¥41,241,618.87, slightly up from ¥39,463,581.81, reflecting ongoing commitments to shareholders[25] Shareholder Information - The company has a total of 6,893 common shareholders at the end of the reporting period[12] Accounting Standards - The company did not apply new accounting standards for the current reporting period, maintaining consistency in financial reporting[25]

Financial Performance - The company's revenue for Q3 2021 reached ¥199,469,300.49, representing a 76.93% increase compared to the same period last year[5] - Net profit attributable to shareholders was ¥12,025,779.02, reflecting a growth of 71.09% year-over-year[5] - The net profit excluding non-recurring gains and losses was ¥11,413,918.25, showing a significant increase of 100.14% compared to the previous year[5] - Year-to-date revenue as of the reporting period was ¥437,176,118.51, up 61.53% from the same period last year[5] - Year-to-date net profit attributable to shareholders reached ¥40,377,192.84, an increase of 35.99% year-over-year[5] - The basic earnings per share for the quarter was ¥0.09, a rise of 28.57% compared to the same quarter last year[6] - Total operating revenue for the first three quarters of 2021 reached ¥437,176,118.51, a significant increase from ¥270,645,182.15 in the same period of 2020, representing a growth of approximately 61.6%[19] - Net profit for the third quarter of 2021 was ¥40,377,192.84, up from ¥29,690,647.62 in the same quarter of 2020, reflecting a growth of approximately 36%[20] - Earnings per share for the third quarter of 2021 were ¥0.31, compared to ¥0.29 in the same quarter of 2020, showing an increase of about 6.9%[21] - Total comprehensive income for the third quarter of 2021 was ¥40,377,192.84, compared to ¥29,690,647.62 in the same quarter of 2020, showing an increase of approximately 36%[21] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,223,578,284.06, a 9.16% increase from the end of the previous year[6] - The total assets as of September 30, 2021, amounted to CNY 1,223,578,284.06, an increase from CNY 1,120,948,095.20 as of December 31, 2020, reflecting a growth of approximately 9.2%[15] - Current assets totaled CNY 914,854,204.55, compared to CNY 845,728,886.67 in the previous year, indicating an increase of about 8.2%[16] - Total liabilities as of the end of the third quarter of 2021 amounted to ¥371,632,989.01, compared to ¥270,628,647.39 at the end of the same period in 2020, representing an increase of about 37.4%[18] - Total equity attributable to shareholders reached ¥851,945,295.05, up from ¥850,319,447.81 in the previous year, indicating a slight increase of approximately 0.2%[18] Cash Flow - The cash flow from operating activities showed a negative net amount of -¥32,344,211.57, primarily due to increased payments for raw materials and employee wages[10] - Cash flow from operating activities for the first three quarters of 2021 was ¥502,244,551.00, significantly higher than ¥221,936,738.11 in the same period of 2020, marking an increase of approximately 126.5%[23] - The net cash flow from operating activities was -32,344,211.57, compared to a positive cash flow of 32,905,900.84 in the previous period[24] - Total cash inflow from operating activities amounted to 524,488,940.23, while cash outflow was 556,833,151.80, resulting in a net cash flow of -32,344,211.57[24] - Cash inflow from investment activities was 198,011,456.06, while cash outflow totaled 122,147,487.33, leading to a net cash flow of 75,863,968.73[24] - The total cash inflow from financing activities was 120,173,817.65, with cash outflow of 99,723,279.67, resulting in a net cash flow of 20,450,537.98[25] - The net increase in cash and cash equivalents for the period was 63,970,295.14, bringing the ending balance to 366,957,410.51[25] Shareholder Information - The company reported a total of 72,000,000 shares held by the largest shareholder, accounting for 55.7% of total shares[13] - The company has a total of 11,520,000 shares held by a significant individual shareholder, representing 8.92% of total shares[13] Operational Insights - The company attributed the revenue growth to an increase in sales volume[10] - The company has not disclosed any new product developments or market expansion strategies during this reporting period[14] - There are no significant mergers or acquisitions reported in the current quarter[14] - Total operating costs for the first three quarters of 2021 were ¥390,294,099.78, compared to ¥238,507,874.78 in 2020, indicating an increase of about 63.6%[19] - Research and development expenses for the first three quarters of 2021 were ¥16,619,429.70, compared to ¥10,216,894.13 in 2020, reflecting an increase of about 62.2%[19] - The company reported a financial expense of -¥10,292,418.27 for the first three quarters of 2021, compared to -¥1,445,572.62 in the same period of 2020, indicating a significant increase in financial costs[19] - The cash flow from operating activities showed a significant increase in outflows compared to the previous period, indicating potential operational challenges[24] - The company did not apply the new leasing standards for the current year, as indicated in the report[25]

Dividend and Share Capital - The company plans to distribute a cash dividend of 3 RMB per 10 shares, totaling approximately 38.70 million RMB, which represents 170.86% of the net profit attributable to shareholders for 2021[7]. - As of December 31, 2021, the total share capital of the company was 129,171,152 shares, after deducting 186,000 shares held in the repurchase account[7]. - The company repurchased shares amounting to 61.72 million RMB during 2021, which is considered as part of the cash dividend for the year[7]. - The company has maintained a consistent dividend distribution policy despite potential changes in total share capital due to various factors[7]. - The company aims to maintain a cash dividend policy where the cumulative cash distribution over three years is no less than 30% of the average distributable profit for those years[120]. - The cash dividend proportion for mature companies without significant capital expenditure should be at least 80% of the profit distribution[119]. - The company will prioritize cash dividends when conditions permit, ensuring consistency and stability in its dividend policy[120]. Financial Performance - The company's operating revenue for 2021 was CNY 663,115,631.65, an increase of 47.97% compared to CNY 448,148,002.13 in 2020[21]. - The net profit attributable to shareholders for 2021 was CNY 58,772,441.05, a decrease of 8.45% from CNY 64,193,711.08 in 2020[21]. - The net cash flow from operating activities decreased by 64.24% to CNY 44,313,914.55 in 2021 from CNY 123,920,360.48 in 2020[21]. - The basic earnings per share for 2021 was CNY 0.46, down 23.33% from CNY 0.60 in 2020[22]. - The weighted average return on equity for 2021 was 6.83%, a decrease of 4.31 percentage points from 11.14% in 2020[23]. - The total assets at the end of 2021 were CNY 1,252,237,243.49, an increase of 11.71% from CNY 1,120,948,095.20 at the end of 2020[21]. - The net assets attributable to shareholders decreased by 4.90% to CNY 808,618,260.26 at the end of 2021 from CNY 850,319,447.81 at the end of 2020[21]. Market and Product Development - The company reported a significant increase in sales scale due to enhanced market development and marketing efforts[23]. - The company plans to continue focusing on market expansion and new product development in the upcoming periods[23]. - The integrated ceiling industry has entered a new era, expanding product lines to include integrated wall products, driven by increasing consumer demand for quality living environments[34]. - The company maintains a strong market position as a leading player in the integrated ceiling and wall products sector, emphasizing product functionality and safety[36]. - The integrated ceiling market is experiencing significant growth, with expansion into commercial spaces such as hotels and offices, reducing cyclical risks associated with the residential market[34]. - The company is actively investing in research and development to enhance its product offerings and maintain competitive advantages in the market[32]. - The company is committed to developing prefabricated interior solutions as a core competitive advantage in both retail and commercial sectors[76]. Operational Efficiency and Cost Management - The company experienced a substantial increase in operating costs and expenses, impacting cash flow negatively[23]. - The company aims to strengthen its cost advantage by optimizing the supply chain, focusing on efficiency, and implementing lean principles to reduce costs[79]. - The company is enhancing its talent and culture to support growth, emphasizing a young and knowledgeable talent pool through training and performance improvement measures[79]. - The company aims to improve operational efficiency, targeting a reduction in production costs by 5% through process optimization[96]. Governance and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[6]. - The board of directors and supervisory board members have confirmed the authenticity and completeness of the annual report[4]. - The company has not violated any decision-making procedures for providing guarantees[9]. - The company has maintained compliance with legal regulations regarding the convening and conducting of shareholder meetings[90]. - The company continues to focus on governance and transparency in its operations, as evidenced by the adherence to shareholder meeting protocols[90]. - The company has a dedicated investor relations team to ensure timely and accurate information disclosure, maintaining transparency with shareholders[87]. Shareholder Relations and Management - The company held three shareholder meetings during the reporting period, ensuring compliance with legal requirements and protecting shareholder rights[84]. - The company reported that the total remuneration for the chairman and general manager, Shen Zhenghua, was 650,000 yuan for the reporting period[92]. - The company’s board of directors and senior management did not experience any changes in shareholding during the reporting period[92]. - The company has engaged in multiple appointments and changes in senior management roles throughout the reporting period[102]. - Total remuneration for all directors, supervisors, and senior management during the reporting period amounted to 5.48 million yuan[101]. Risks and Challenges - The company is addressing risks from real estate policy uncertainties by promoting brand operations and developing strategic clients to mitigate cyclical impacts[80]. - Raw material prices have shown volatility, which could adversely affect the company's operations; however, a robust procurement management system is in place to mitigate these risks[82]. - The integrated ceiling industry is facing intensified competition, with companies expanding product categories to meet the demands of younger consumers, potentially impacting profit margins[80]. Audit and Financial Reporting - The company has identified revenue recognition as a key audit matter due to the inherent risks associated with revenue recognition practices[193]. - The audit aimed to provide reasonable assurance that the financial statements are free from material misstatement, whether due to fraud or error, and involved assessing the appropriateness of accounting policies and estimates[199]. - The company must disclose any significant uncertainties regarding its ability to continue as a going concern, and if such uncertainties exist, they must be highlighted in the audit report[200]. - The company's inventory impairment provision was assessed to ensure compliance with relevant accounting policies and that it was adequately calculated[195].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥340,479,588.33, representing a 43.24% increase compared to ¥237,706,818.02 in the same period last year[21]. - The net profit attributable to shareholders of the listed company decreased by 48.10% to ¥14,714,218.70 from ¥28,351,413.82 in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 59.04% to ¥11,194,536.21 from ¥27,327,751.70 year-on-year[21]. - The net cash flow from operating activities was negative at -¥126,502,557.99, compared to -¥24,242,135.28 in the same period last year, indicating a significant decline[21]. - Basic earnings per share decreased by 50.00% to CNY 0.11 from CNY 0.22 in the same period last year[22]. - The operating costs increased by 52.00%, amounting to ¥251,639,152.17, up from ¥165,557,271.44, primarily due to increased sales volume and rising raw material prices[33]. - Research and development expenses rose by 75.90% to ¥15,821,621.92, compared to ¥8,994,478.13, reflecting the company's commitment to enhancing R&D capabilities[35]. - The company reported a significant increase in prepayments, which rose by 417.95% to ¥2,005,383.45 from ¥387,176.62, indicating growing customer deposits[38]. - The company reported a total current assets of ¥980,436,595.16 as of June 30, 2022, an increase from ¥947,725,380.53 at the beginning of the period, reflecting a growth of approximately 3.5%[99]. - The company's cash and cash equivalents decreased to ¥516,438,049.85 from ¥696,046,520.96, representing a decline of about 26%[99]. - The total liabilities increased to ¥502,619,051.65 from ¥443,618,983.23, indicating a rise of approximately 13.3%[101]. - The company's inventory rose to ¥159,065,193.41 from ¥115,825,831.64, marking an increase of about 37.4%[99]. - The total assets amounted to ¥1,293,518,702.64, up from ¥1,252,237,243.49, which is an increase of approximately 3.3%[101]. - The company's accounts receivable increased to ¥118,091,297.31 from ¥57,780,824.15, showing a significant growth of about 104.5%[99]. - The company reported a decrease in total equity to ¥790,899,650.99 from ¥808,618,260.26, reflecting a decline of approximately 2.4%[101]. Market Strategy and Operations - The company has focused on market expansion and performance management to mitigate the impact of COVID-19 and raw material price fluctuations[29]. - The company has established a nationwide sales network with over 15 distributors, covering major cities and some county-level cities[30]. - The number of dealers in third and fourth-tier cities exceeded 1,200, which strengthens the company's market presence and resilience against real estate regulation risks[32]. - The company has implemented a brand marketing strategy focusing on a youthful and fashionable image, enhancing brand awareness through digital media[45]. - The integrated ceiling industry is experiencing intensified market competition, which may lead to a decline in average profit margins, impacting the company's operations negatively[44]. - The company has established a comprehensive supplier management system to mitigate risks associated with raw material price volatility[45]. Financing and Shareholder Commitments - The company successfully entered the capital market, ensuring smooth financing channels to support sales channel improvement, R&D enhancement, and capacity expansion[32]. - The company's short-term borrowings increased by 67.92% to ¥150,256,043.80 from ¥89,481,952.16, indicating a rise in financing activities[37]. - The company has committed to a share lock-up period of 36 months from the date of listing for major shareholders and actual controllers[60]. - The company has fulfilled all commitments made by shareholders and actual controllers within the specified time frame[60]. - The company has a long-term commitment from shareholders holding more than 5% of shares, ensuring stability in ownership[60]. - The company will extend the lock-up period by at least six months if the stock price falls below the issue price for 20 consecutive trading days within six months post-listing[65]. - Shareholders are restricted from transferring or managing their shares during the lock-up period, ensuring alignment with company interests[66]. - The company has established a clear policy for share reduction post-lock-up, ensuring that any sales do not occur below the initial public offering price[66]. - The commitments made by the controlling shareholders and board members are aimed at maintaining investor confidence and market stability[60]. - The company will implement a stock price stabilization plan if the stock price falls below the audited net asset value per share for 20 consecutive trading days within three years post-listing[68]. - The stock price stabilization measures include share buybacks and increases in shareholding by controlling shareholders and senior management[69]. Governance and Compliance - There are no significant lawsuits or arbitration matters reported during the reporting period[81]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[80]. - The company has not disclosed any major related party transactions during the reporting period[82]. - The company has committed to not interfere with management activities or harm company interests, and will adjust commitments according to regulatory requirements if necessary[79]. - The company will not increase compensation for directors and senior management until all negative impacts from unfulfilled commitments are eliminated[79]. - The company has no significant changes in the audit opinion from the previous annual report[81]. - The company has not reported any violations or penalties against its board, supervisors, senior management, or controlling shareholders during the reporting period[81]. - The company will ensure that any new directors and senior management sign commitments related to stabilizing stock prices[76]. Accounting and Financial Management - The company has established specific accounting policies for financial instruments, fixed asset depreciation, and revenue recognition, reflecting a robust financial management framework[145]. - The company applies the equity method for joint ventures, recognizing its share of assets, liabilities, and income from joint operations[152]. - Financial assets are classified into three categories upon initial recognition: measured at amortized cost, measured at fair value with changes recognized in other comprehensive income, and measured at fair value with changes recognized in profit or loss[155]. - The company recognizes goodwill when the acquisition cost exceeds the fair value of identifiable net assets acquired in a business combination[150]. - The company utilizes a perpetual inventory system for inventory management[170]. - The company recognizes contract assets and liabilities based on the relationship between performance obligations and customer payments, netting them in the balance sheet[173]. - The company applies equity-settled share-based payments, recognizing costs based on the fair value of equity instruments at grant date[197]. - The company follows specific accounting treatments for post-employment benefits, including defined contribution and defined benefit plans, ensuring obligations are measured and recognized appropriately[193].

Financial Performance - The company's operating revenue for Q1 2023 was ¥94,604,953.91, representing a decrease of 19.50% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥2,010,936.22, down 63.01% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥698,907.81, a decline of 80.62% compared to the previous year[5]. - Basic earnings per share were ¥0.02, down 50.00% from the same period last year[6]. - The net profit for Q1 2023 was CNY 2,010,936.22, a decrease of 63.96% compared to CNY 5,436,358.01 in Q1 2022[22]. - Operating profit for Q1 2023 was CNY 2,013,577.49, down 68.25% from CNY 6,329,901.49 in the same period last year[22]. - The total comprehensive income for Q1 2023 was CNY 2,010,936.22, a decrease of 63.96% compared to CNY 5,436,358.01 in Q1 2022[23]. Cash Flow and Assets - The net cash flow from operating activities was ¥26,340,868.29, reflecting a significant decrease of 126.45% year-on-year[5]. - Cash and cash equivalents decreased to RMB 469,646,805.68 as of March 31, 2023, from RMB 596,615,690.78 at the end of 2022, a decline of 21.4%[17]. - The net cash flow from operating activities in Q1 2023 was CNY 26,340,868.29, a significant improvement from a negative CNY 99,571,696.75 in Q1 2022[26]. - Cash and cash equivalents at the end of Q1 2023 stood at CNY 252,571,815.64, down from CNY 446,860,611.76 at the end of Q1 2022[27]. - Investment activities resulted in a net cash outflow of CNY 120,468,040.85 in Q1 2023, compared to a net outflow of CNY 139,591,338.53 in Q1 2022[27]. - Financing activities generated a net cash outflow of CNY 12,142,014.94 in Q1 2023, contrasting with a net inflow of CNY 207,630,779.90 in Q1 2022[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,417[13]. - The largest shareholder, 法狮龙投资控股有限公司, held 55.7% of the shares, totaling 72,000,000 shares[13]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,206,385,663.60, a slight increase of 0.09% from the end of the previous year[6]. - Total assets amounted to RMB 1,206,385,663.60 as of March 31, 2023, slightly up from RMB 1,205,295,260.83 at the end of 2022[19]. - Total liabilities decreased to RMB 418,835,172.50 as of March 31, 2023, from RMB 421,278,034.65 at the end of 2022, a reduction of 0.6%[19]. - The company's equity attributable to shareholders increased to RMB 787,550,491.10 as of March 31, 2023, compared to RMB 784,017,226.18 at the end of 2022, an increase of 0.3%[19]. Operating Costs and Profitability - Total operating revenue for Q1 2023 was RMB 94,604,953.91, a decrease of 19.5% compared to RMB 117,522,851.89 in Q1 2022[21]. - Total operating costs for Q1 2023 were RMB 94,232,715.26, down from RMB 113,488,361.83 in Q1 2022, reflecting a reduction of 17.0%[21]. - The company reported a gross profit margin of approximately 0.39% for Q1 2023, down from 0.25% in Q1 2022[21]. Research and Development - Research and development expenses for Q1 2023 were CNY 4,705,735.41, a decrease of 20.86% from CNY 5,942,612.84 in Q1 2022[22]. - The company has not disclosed any new product launches or technological advancements during this reporting period[15]. Mergers and Acquisitions - There are no significant mergers or acquisitions reported in the current quarter[15].

Financial Performance - The company's operating revenue for 2022 was ¥682,652,334, representing a year-on-year increase of 2.95% compared to ¥663,115,631 in 2021[22]. - The net profit attributable to shareholders for 2022 was ¥11,280,550, a significant decrease of 80.81% from ¥58,772,441 in 2021[24]. - Basic earnings per share for 2022 dropped to ¥0.09, down 80.43% from ¥0.46 in 2021[23]. - The weighted average return on equity decreased to 1.42%, down 5.41 percentage points from 6.83% in 2021[23]. - Total assets at the end of 2022 were ¥1,205,295,260, a decrease of 3.75% from ¥1,252,237,240 at the end of 2021[22]. - The net assets attributable to shareholders decreased by 3.04% to ¥784,017,226 from ¥808,618,260 in 2021[22]. - The gross profit margin for the integrated ceiling product decreased by 2.72 percentage points to 25.90%[51]. - The company reported a net profit margin of 12%, up from 10% in the previous year[93]. Cash Flow and Investments - The net cash flow from operating activities increased by 23.45% to ¥54,704,737, up from ¥44,313,914.5 in the previous year[24]. - The net cash flow from investing activities decreased significantly by 163.52% to -¥65,505,324.28, primarily due to increased investments in financial products[49]. - The net cash flow from financing activities increased by 471.34% to -¥68,751,276.73, mainly due to the repayment of part of the borrowings[49]. - Cash and cash equivalents as of December 31, 2022, amounted to RMB 596.62 million, a decrease from RMB 696.05 million as of December 31, 2021[197]. Shareholder Returns - The company plans to distribute a cash dividend of 3 RMB per 10 shares, totaling approximately 38.70 million RMB, which represents 343.03% of the net profit attributable to shareholders for 2022[6]. - The company maintains a cash dividend policy prioritizing cash distributions, with a minimum of 80% of profits distributed as cash dividends during mature phases without major capital expenditures[115]. - The company has established a shareholder return plan that is reviewed every three years, ensuring alignment with operational needs and shareholder interests[117]. - The company’s cash dividend amount for the last three years is at least 30% of the average distributable profit, with a minimum of 10% of the current year's distributable profit allocated to cash dividends[116]. Market Position and Strategy - The company is positioned in the integrated ceiling and wall panel market, which is closely tied to the real estate sector, making it susceptible to fluctuations in housing market dynamics[36]. - The company plans to continue expanding its market presence and increasing marketing investments despite the rise in expenses[24]. - The company has expanded its dealer network to 1,425 in lower-tier cities by the end of 2022, enhancing its market presence[44]. - The brand "FSILON 法狮龙" has become a recognized name in the integrated ceiling industry, being selected as the official ceiling supplier for the Hangzhou 2022 Asian Games[41]. Risks and Challenges - The company has detailed potential risks in its management discussion and analysis section, which investors should review[8]. - The company recognizes the risk of intensified competition in the integrated ceiling industry, which may lead to a decline in average industry profit margins[80]. - The company is exposed to macroeconomic risks, particularly related to the real estate sector, which could impact consumer demand for its products[80]. - The company faces risks from fluctuations in raw material prices, which could adversely affect production costs and profitability[80]. Governance and Compliance - The board of directors and senior management have confirmed the authenticity, accuracy, and completeness of the annual report[4]. - The company is committed to enhancing its corporate governance structure, ensuring compliance with legal regulations, and protecting shareholder interests[82]. - The company has established various committees within its board to provide professional opinions on strategic decisions and enhance risk management[84]. - The company ensured compliance with information disclosure obligations, maintaining accuracy and timeliness in reporting[85]. Research and Development - The company has a strong R&D capability with multiple specialized departments focusing on product innovation and design[43]. - R&D expenses totaled ¥26,493,859.65, accounting for 3.88% of total revenue, with no capitalized R&D expenditures[61]. - The company is investing $50 million in R&D for new technologies aimed at enhancing product efficiency[93]. Employee and Management Structure - The total number of employees in the parent company is 903, while the total number of employees in major subsidiaries is 27, resulting in a combined total of 930 employees[110]. - The company has 435 production personnel, 249 sales personnel, 138 technical personnel, 27 financial personnel, and 81 administrative personnel, totaling 930 employees[111]. - The company’s management team includes individuals with extensive experience in various sectors, enhancing its operational capabilities[96]. Audit and Financial Reporting - The company received a standard unqualified audit report from Tianjian Accounting Firm[5]. - The audit report indicates that the auditors obtained sufficient and appropriate audit evidence to provide a basis for their opinion on the financial statements[193]. - The company’s financial statements for the year ending December 31, 2022, were audited and found to fairly reflect its financial position[184].

证券代码：605318 证券简称：法狮龙 法狮龙家居建材股份有限公司投资者关系活动记录表 | --- | --- | --- | --- | |-------------------------|--------------------------|------------------------------------------|---------------------------------------------------------| | | | | | | 投资者关系活动类别 | | □特定对象调研 □分析师会议 | | | | | □媒体采访 ■业绩说明会 | | | | | □新闻发布会 □路演活动 | | | | | □现场参观□电话会议 | | | | □其他 | | （请文字说明其他活动内容） | | | | | | | 参与单位名称及人员姓名 | | 通过网络互动参与公司 | 2021 年度业绩说明会的投资者 | | 会议时间 2022 | 年 5 | | 月 12 日 13:00-15:00 | | 会议形式： 网络文字互动 | | | | | 上市公司接待人员姓名 | 董事长： ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥150,616,906.22, a decrease of 24.49% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2022 was ¥1,212,621.51, down 89.92% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥862,127.16, a decline of 107.55% compared to the previous year[5] - The basic earnings per share for Q3 2022 was ¥0.01, representing an 88.89% decrease from the same period last year[6] - The diluted earnings per share for Q3 2022 was also ¥0.01, down 88.89% year-on-year[6] - The weighted average return on equity was 0.18%, a decrease of 1.24 percentage points compared to the previous year[6] - Net profit for the third quarter of 2022 was ¥15,926,840.21, a decrease of 60.6% from ¥40,377,192.84 in the same quarter of 2021[20] - The total equity attributable to shareholders was ¥796,831,044.28, a decrease of 1.0% from ¥808,618,260.26 in the previous year[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,293,991,544.61, an increase of 3.33% from the end of the previous year[6] - The equity attributable to shareholders was ¥796,831,044.28, a decrease of 1.46% compared to the end of the previous year[6] - Total assets as of September 30, 2022, amounted to CNY 1,293,991,544.61, an increase from CNY 1,252,237,243.49 at the end of 2021[15] - Current assets totaled CNY 978,021,781.11, compared to CNY 947,725,380.53 at the end of 2021, reflecting a growth of approximately 3.5%[15] - The total liabilities as of September 30, 2022, were CNY 495,962,792.39, indicating a significant increase compared to previous periods[16] - The total liabilities as of the end of the third quarter of 2022 were ¥497,160,500.33, compared to ¥443,618,983.23 at the end of the same quarter in 2021, reflecting an increase of 12.1%[20] Cash Flow - The cash flow from operating activities was -¥77,040,977.87 for the year-to-date, indicating a significant cash outflow[6] - The net cash flow from operating activities for the first three quarters of 2022 was -¥77,040,977.87, compared to a positive cash flow of ¥7,655,788.43 in the same period of 2021[24] - The company reported a total cash inflow from operating activities of ¥575,607,793.69 for the first three quarters of 2022, compared to ¥524,488,940.23 in the same period of 2021[24] - The company reported a net increase in cash and cash equivalents of ¥826,133.50, down from ¥63,970,295.14 year-over-year[25] - The ending balance of cash and cash equivalents was ¥439,219,000.64, compared to ¥366,957,410.51 at the end of the previous year[25] Investment and Financing Activities - The total cash outflow from investment activities amounted to ¥349,422,622.62, compared to ¥162,147,487.33 in the previous year, reflecting a significant increase[25] - The net cash flow generated from investment activities was ¥14,739,318.30, down from ¥35,863,968.73 year-over-year[25] - Cash inflow from financing activities totaled ¥245,438,275.95, an increase from ¥120,173,817.65 in the same period last year[25] - The net cash flow from financing activities was ¥63,127,793.07, compared to ¥20,450,537.98 in the previous year, indicating strong financing performance[25] - The company obtained loans amounting to ¥209,900,000.00, significantly higher than the previous year's ¥90,000,000.00[25] - Cash paid for debt repayment was ¥80,000,000.00, compared to ¥60,259,697.86 in the previous year, indicating increased debt management efforts[25] - Cash paid for dividends and interest was ¥41,241,618.87, slightly up from ¥39,463,581.81 year-over-year[25] Research and Development - Research and development expenses for the third quarter of 2022 amounted to ¥24,358,150.37, an increase of 46.5% from ¥16,619,429.70 in the same quarter of 2021[20] - The company plans to continue investing in new product development and market expansion strategies to enhance future growth prospects[19] Shareholder Information - The company has a total of 6,893 common shareholders at the end of the reporting period[12]