Workflow
Jalon(688357)
icon
Search documents
建龙微纳(688357) - 2021 Q1 - 季度财报
2021-04-19 16:00
Financial Performance - Net profit attributable to shareholders rose by 123.42% to CNY 32,831,979.69 year-on-year[6] - Operating revenue increased by 65.83% to CNY 125,436,139.42 compared to the same period last year[6] - Basic earnings per share increased by 128.00% to CNY 0.57 compared to CNY 0.25 in the same period last year[6] - The company reported a net profit of ¥237,987,708.04 for the first quarter of 2021, compared to ¥204,847,847.06 in the same period of 2020, marking an increase of approximately 16.1%[25] - Operating profit for Q1 2021 was ¥34,344,529.74, up 92.0% from ¥17,878,849.24 in Q1 2020[28] - The company reported a total profit of ¥37,728,129.74 for Q1 2021, up 121.5% from ¥17,027,535.03 in Q1 2020[28] - Comprehensive income for Q1 2021 totaled ¥30,606,635.29, significantly higher than ¥14,695,298.36 in Q1 2020[29] Cash Flow - The net cash flow from operating activities was CNY 50,777,671.14, a significant improvement from a negative CNY 2,703,474.01 in the previous year[6] - The company's cash flow from operating activities improved significantly, reaching RMB 50,777,671.14, compared to a negative cash flow of RMB -2,703,474.01 in the previous year[15] - In Q1 2021, the cash inflow from sales of goods and services reached ¥94,203,119.65, a significant increase of 111.7% compared to ¥44,621,914.19 in Q1 2020[35] - The total cash outflow for operating activities was ¥54,945,227.11, which is an increase from ¥48,118,375.09 in the previous year[36] - The ending balance of cash and cash equivalents was ¥126,968,233.89, compared to ¥85,590,041.55 at the end of Q1 2020, reflecting a year-over-year increase of 48.2%[36] Assets and Liabilities - Total assets increased by 2.58% to CNY 1,212,918,875.44 compared to the end of the previous year[6] - Contract assets decreased by 32.42% to RMB 5,020,910.77, primarily due to the expiration of certain warranty deposits[14] - Other current assets increased by 144.57% to RMB 633,172.18, mainly due to an increase in deductible input tax[14] - The company reduced its short-term borrowings by 66.67%, from RMB 30,000,000.00 to RMB 10,000,000.00, reflecting repayment of bank loans during the reporting period[14] - Current liabilities decreased to ¥189,897,969.73 from ¥195,312,750.19, a reduction of about 2.1%[24] - Non-current liabilities totaled ¥15,343,329.35, slightly down from ¥15,568,112.30, indicating a decrease of approximately 1.5%[20] - The total liabilities decreased to ¥205,241,299.08 from ¥210,880,862.49, a decline of about 2.5%[24] Research and Development - R&D investment accounted for 6.36% of operating revenue, up by 2.88 percentage points from the previous year[6] - Research and development expenses surged by 203.26% to RMB 7,980,224.07, driven by increased investment in ongoing projects and higher share-based payment costs for R&D personnel[15] - Research and development expenses increased to ¥7,980,224.07 in Q1 2021, up 203.0% from ¥2,631,445.93 in Q1 2020[27] Shareholder Information - The total number of shareholders reached 4,087 at the end of the reporting period[10] - The top shareholder, Li Jianbo, holds 24.82% of the shares, totaling 14,350,000 shares[10] Other Income and Expenses - Non-recurring gains and losses amounted to CNY 4,799,689.77, including CNY 5,000,000 from government subsidies[8][9] - Other income for Q1 2021 was ¥5,100,000.00, compared to ¥495,000.00 in Q1 2020, indicating a substantial increase[28] - The company experienced a credit impairment loss of ¥62,003.40 in Q1 2021, compared to a gain of ¥5,744.43 in Q1 2020[27]
建龙微纳(688357) - 2020 Q4 - 年度财报
2021-04-08 16:00
Financial Performance - The company's operating revenue for 2020 was CNY 451,549,981.64, representing an increase of 11.23% compared to 2019[24]. - Net profit attributable to shareholders increased by 48.10% to CNY 127,370,724.24, while the net profit after deducting non-recurring gains and losses rose by 59.71% to CNY 109,229,410.44[24][26]. - The gross profit margin improved to 44.39%, up by 5.50 percentage points from the previous year[26]. - The net cash flow from operating activities surged by 206.08% to CNY 127,341,756.34, driven by increased sales and optimized sales structure[27]. - Basic earnings per share increased by 13.99% to CNY 2.20, reflecting the growth in net profit[27]. - The company achieved a total revenue of 451.55 million yuan in 2020, representing a year-on-year growth of 11.23%[98]. - The operating profit for the same period was 147.13 million yuan, showing a significant increase of 73.39% year-on-year[98]. - The company reported a total revenue of 18,910,000.00 RMB for the year, with a slight increase from 16,970,962.18 RMB in the previous year, representing a growth of approximately 5.5%[82]. Dividend Policy - The company plans to distribute a cash dividend of RMB 7 per 10 shares, totaling RMB 40,474,000, which accounts for 31.78% of the net profit attributable to shareholders for 2020[7]. - The cash dividend distribution policy prioritizes cash dividends, with a minimum of 80% for mature companies without significant capital expenditures[181]. - The company’s 2020 cash dividend proposal has been approved by the board and is pending shareholder approval[182]. - The company’s cash dividend policy is designed to protect the rights of minority investors[182]. - The company has established a profit distribution system to enhance transparency and operational feasibility[181]. Research and Development - Research and development expenses accounted for 4.24% of operating revenue, an increase of 0.66 percentage points from 2019[25]. - The total R&D investment for the year was approximately ¥19.14 million, an increase of 31.68% compared to the previous year[75]. - The total R&D expenditure accounted for 4.24% of the company's operating revenue, up from 3.58% in the previous year, indicating a growth of 18.44%[76]. - The company obtained 26 new intellectual property rights during the reporting period, including 8 invention patents and 17 utility model patents[73]. - The company has established several research and innovation platforms, including the "Henan Province Adsorption Molecular Sieve Engineering Technology Research Center" to drive product development[151]. Market and Industry Trends - The global zeolite market is expected to grow at a compound annual growth rate (CAGR) of 5.65% from 2020 to 2025, reaching a market size of $4.39 billion by 2025[46]. - The domestic zeolite industry is experiencing increased demand due to stricter environmental regulations and the push for carbon neutrality, with significant opportunities in VOCs treatment and nitrogen oxides pollution prevention[47][49]. - The market size for VOCs治理 in China was approximately 74.1 billion yuan in 2020, projected to exceed 130 billion yuan by 2025, reflecting a CAGR of 13%[50]. - The hydrogen energy sector is anticipated to create a market value of $2.5 trillion by 2050, with hydrogen production accounting for over 90% of hydrogen consumption in industrial applications[58]. Operational Risks and Compliance - The company has detailed various operational risks and corresponding mitigation measures in the report[5]. - The report includes a standard unqualified audit opinion from Lixin Certified Public Accountants[6]. - The company has no non-operating fund occupation by controlling shareholders or related parties[9]. - There are no violations of decision-making procedures for external guarantees[10]. - The company’s future plans and development strategies are subject to investment risks and do not constitute a commitment to investors[8]. Production and Capacity - The company has established a wholly-owned subsidiary in Thailand, expanding its international presence[13]. - The company's total production capacity is 93,000 tons/year, with a global market share of 4.43% in production capacity and 4.24% in output for molded molecular sieves and activated molecular sieve powders, ranking sixth globally[53]. - The company has a total capacity of 31,000 tons for molecular sieve raw powder, 20,000 tons for molded molecular sieves, and 3,000 tons for activated molecular sieves, with ongoing projects to expand production capacity[53]. - The company completed the construction of a 4,500-ton oxygen-rich molecular sieve production line in the second quarter, and a 9,000-ton efficient hydrogen and oxygen molecular sieve production line is in trial production[102]. Customer and Supplier Relations - The company has established a stable customer base, including major domestic enterprises like Sinopec and international giants like Praxair[91]. - The top five customers contributed 10,704.50 million RMB, accounting for 21.40% of the total annual sales[135]. - The top five suppliers accounted for 30.35% of the total annual purchases, with a total procurement amount of 9,952.78 million RMB[139]. Environmental and Sustainability Initiatives - The company emphasizes continuous innovation and has established a robust R&D capability to maintain competitiveness against international peers[35]. - The company’s strategic focus includes enhancing energy efficiency and environmental remediation, aligning with national policies on sustainable development[36]. - The company has implemented advanced environmental protection facilities, including a 4,000 t/d wastewater treatment plant and a 450 t/d MVR desalination facility[94]. Financial Position and Assets - The company’s cash and cash equivalents at the end of the period were 142,665,624.88 RMB, representing 12.07% of total assets[144]. - The total assets increased by 13.02% compared to the previous year, with fixed assets amounting to 351,455,661.48 RMB[144]. - The company reported a significant increase in deferred income tax assets, rising to CNY 2,549,053.73, up 49.64% from CNY 1,703,482.19[146]. Shareholder Commitments and Regulations - The company reported a commitment to not transfer or manage shares held prior to the IPO for 36 months from the date of listing[188]. - Shareholders are restricted from transferring more than 25% of their shares annually while serving as directors or senior management[189]. - The company has established a policy to ensure compliance with relevant laws and regulations regarding share transfers by directors and senior management[192].
建龙微纳(688357) - 2020 Q3 - 季度财报
2020-10-19 16:00
2020 年第三季度报告 公司代码:688357 公司简称:建龙微纳 洛阳建龙微纳新材料股份有限公司 2020 年第三季度报告 1 / 32 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 8 | | 四、 | 附录 | 14 | 2020 年第三季度报告 1.2 公司全体董事出席董事会审议季度报告。 一、 重要提示 1.3 公司负责人李建波、主管会计工作负责人张景涛及会计机构负责人(会计主管人员)于鲁杰 保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 3 / 32 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。 | 股东的扣除非经 | | | | | | --- | --- | --- | --- | --- | | 常性损益的净利 | | | | | | 润 | | | | | | 加权平均净资产 ...
建龙微纳(688357) - 2020 Q2 - 季度财报
2020-08-12 16:00
Financial Performance - The company reported a total revenue of RMB 100 million for the first half of 2020, representing a year-on-year increase of 15%[13]. - The net profit attributable to shareholders was RMB 20 million, up 10% compared to the same period last year[13]. - The company's operating revenue for the first half of the year was ¥182,028,744.17, a decrease of 15.78% compared to ¥216,144,859.49 in the same period last year[20]. - Net profit attributable to shareholders increased by 2.51% to ¥50,780,164.83 from ¥49,538,152.50 year-on-year[20]. - The net profit after deducting non-recurring gains and losses rose by 13.32% to ¥41,981,514.66, driven by an improved sales structure and lower raw material prices, resulting in a gross margin increase to 46.66%, up 8.55% year-on-year[22]. - The net cash flow from operating activities increased by 31.00% to ¥41,837,644.22, attributed to an optimized sales structure and reduced cash payments for goods and services[22]. - Basic earnings per share decreased by 22.81% to ¥0.88 from ¥1.14 in the same period last year, primarily due to an increase in total shares outstanding from 43.36 million to 57.82 million[22]. - The weighted average return on equity decreased by 14.93 percentage points to 5.69% from 20.62% year-on-year[21]. - The company achieved a total R&D investment of ¥6,801,061.64, which represents 3.74% of its operating revenue[48]. - The company reported a total revenue of 16,760,000.00 RMB for the first half of 2020, with a net profit of 5,988,267.07 RMB[54]. Market Expansion and Product Development - Future outlook indicates a projected revenue growth of 20% for the second half of 2020, driven by new product launches and market expansion strategies[13]. - The company has expanded its user base by 25%, reaching a total of 50,000 active users[13]. - Market expansion efforts include entering two new regional markets, aiming for a 10% market share by the end of 2021[13]. - A new product line is expected to launch in Q4 2020, anticipated to contribute an additional RMB 15 million in revenue[13]. - The company is focusing on expanding its market presence through innovative product development and strategic patent acquisitions[47]. - The company is developing a "molecular sieve catalyst for diesel vehicle exhaust purification" with low production costs and environmental friendliness, aimed at meeting the National VI emission standards[40]. - The company has completed the construction of the "Annual Production of 4,500 Tons of Oxygen-Enriched Molecular Sieve Project," which enhances its leading position in the oxygen molecular sieve sector[69]. - The company is exploring market expansion opportunities through new product development and strategic partnerships in the chemical industry[54]. Research and Development - The company is investing RMB 30 million in R&D for new technologies related to molecular sieves and oxygen production systems[13]. - Research and development expenses accounted for 3.74% of operating revenue, an increase of 0.51 percentage points compared to the previous year[21]. - The company has established a comprehensive innovation system, increasing R&D investment to achieve breakthroughs in core technologies through both independent and collaborative research[34]. - The company has developed a new mixed cation molecular sieve technology that enhances nitrogen and oxygen separation efficiency[50]. - The company has applied for 12 invention patents and 9 utility model patents, which have been accepted for review[47]. - The company has multiple patented technologies in molecular sieve production, enhancing its competitive edge in the market[45]. - The company has collaborated with Jilin University to develop a specialized molecular sieve for soil improvement and heavy metal pollution remediation, showing promising results in field experiments[41]. Risks and Challenges - The company has identified potential risks related to supply chain disruptions and is implementing measures to mitigate these risks[4]. - The company faces risks related to core competitiveness, including potential market share loss if competitors introduce more efficient products[71]. - The company is exposed to risks from raw material price increases, which could adversely affect its performance if product prices do not adjust accordingly[73]. - The company has ongoing significant litigation matters, but the outcomes are not expected to impact current or future profits[125]. Shareholder and Corporate Governance - The board of directors has approved a profit distribution plan, although no dividends will be issued for this period[6]. - The company has implemented strict compliance with shareholding commitments, including restrictions on share transfers for a specified period[92]. - The company has a lock-up period of 36 months for shares held before the IPO, during which no transfer or repurchase of these shares is allowed[93]. - The company must report any share reduction plans to the stock exchange 15 days prior to the first sale, with a maximum disclosure period of 6 months[101]. - The company guarantees that there are no fraudulent activities in the public offering of shares and listing on the Sci-Tech Innovation Board[112]. - The company will ensure the independence of its operations and will not misappropriate funds or resources[114]. - The company commits to maintaining the accuracy and completeness of its prospectus and other disclosure documents, bearing legal responsibility for any misrepresentation[115]. Environmental Initiatives - The company has established a wastewater treatment capacity of 4,000 tons per day and a solid waste closed storage site as part of its environmental protection initiatives[133]. - The company has implemented a dust collection system and a bag filter system to ensure that emissions meet standards, contributing to stable discharge of pollutants[133]. - The company has reduced production costs and environmental pollution by recycling certain by-products in the production of molecular sieve raw powder[134]. - The company has advanced environmental facilities, including a 4,000 tons/day wastewater treatment plant and a 450 tons/day MVR desalination facility, which help reduce production costs and pollution[63].
建龙微纳(688357) - 2020 Q1 - 季度财报
2020-04-26 16:00
Financial Performance - Net profit attributable to shareholders was CNY 14,695,298.36, down 8.89% year-on-year[6] - Operating revenue for the period was CNY 75,641,368.95, representing an 18.13% decrease compared to the same period last year[6] - Basic earnings per share were CNY 0.25, a decline of 32.43% compared to CNY 0.37 in the same period last year[6] - Total operating revenue for Q1 2020 was ¥75,641,368.95, a decrease of 18.1% compared to ¥92,393,908.64 in Q1 2019[26] - Net profit for Q1 2020 was ¥14,695,298.36, a decline of 9.0% from ¥16,128,754.81 in Q1 2019[28] - Total profit for Q1 2020 was ¥17,027,535.03, a decrease of 8.7% from ¥18,644,988.15 in Q1 2019[26] Cash Flow - The net cash flow from operating activities was CNY -2,703,474.01, an improvement of 46.17% compared to the previous year[6] - Net cash flow from operating activities improved by 46.17% to CNY -2,703,474.01 due to a decrease in cash payments for goods and services[14] - Cash inflow from sales of goods and services in Q1 2020 was ¥44,621,914.19, a decrease of 14.4% compared to ¥52,124,280.46 in Q1 2019[34] - Net cash flow from operating activities in Q1 2020 was -¥2,703,474.01, an improvement from -¥5,022,541.57 in Q1 2019[35] - Cash inflow from investment activities in Q1 2020 totaled ¥450,509,643.56, with cash outflow of ¥488,328,573.43, resulting in a net cash flow of -¥37,818,929.87[36] - Cash inflow from financing activities in Q1 2020 was ¥20,000,000.00, compared to ¥9,000,000.00 in Q1 2019, marking a 122.2% increase[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,154,769,328.43, a decrease of 0.20% compared to the end of the previous year[6] - Total current assets as of March 31, 2020, were CNY 776,522,670.57, slightly down from CNY 778,922,433.02 at the end of 2019[18] - Total liabilities decreased from CNY 285,634,396.84 to CNY 268,681,107.03, a reduction of about 5.93%[20] - Current liabilities decreased from CNY 239,036,909.26 to CNY 222,196,833.72, a reduction of about 7.06%[20] - Non-current liabilities decreased from CNY 46,597,487.58 to CNY 46,484,273.31, a decline of approximately 0.24%[20] - Total liabilities reached ¥285,634,396.84, with current liabilities at ¥239,036,909.26 and non-current liabilities at ¥46,597,487.58[41] Shareholder Information - The total number of shareholders at the end of the reporting period was 5,343[12] - The largest shareholder, Li Jianbo, held 14,350,000 shares, representing 24.8% of the total shares[12] Research and Development - Research and development expenses accounted for 3.48% of operating revenue, down 21.8% from 4.45% in the previous year[6] - R&D expenses decreased by 35.97% to CNY 2,631,445.93 based on the progress of R&D projects[14] - Research and development expenses for Q1 2020 were ¥2,631,445.93, a decrease of 36.0% from ¥4,109,500.54 in Q1 2019[26] Financial Adjustments and Standards - The company executed a new revenue recognition standard starting January 1, 2020, impacting financial reporting[42] - The company is not applying retrospective adjustments for prior comparative data under the new revenue standards[48] - The cumulative impact of the new revenue standards will adjust the financial statement amounts without altering comparable period data[48] - The company is committed to complying with the new accounting standards as mandated by the Ministry of Finance[48] Other Financial Metrics - The weighted average return on net assets decreased to 1.67%, down 76.87% from 7.22% in the previous year[6] - Management expenses increased by 53.04% to CNY 6,307,696.68 due to higher labor, social security, and employee welfare costs[14] - Other income for Q1 2020 was ¥113,214.27, a significant decrease from ¥844,444.27 in Q1 2019[26]
建龙微纳(688357) - 2019 Q4 - 年度财报
2020-04-19 16:00
Financial Performance - In 2019, the company's operating revenue reached CNY 405,971,995.48, an increase of 7.34% compared to CNY 378,213,254.46 in 2018[22]. - The net profit attributable to shareholders increased by 82.70% to CNY 86,003,382.24 from CNY 47,072,478.07 in the previous year[24]. - The net profit after deducting non-recurring gains and losses rose by 43.23% to CNY 68,392,419.07 compared to CNY 47,749,596.63 in 2018[22]. - The company's cash flow from operating activities decreased by 44.30% to CNY 41,604,752.25, primarily due to increased cash payments for goods and services[24]. - By the end of 2019, the net assets attributable to shareholders grew by 304.41% to CNY 871,392,923.04 from CNY 215,471,503.10 at the beginning of the year[24]. - Total assets increased by 91.03% to CNY 1,157,027,319.88 compared to CNY 605,680,832.73 at the end of 2018[22]. - Basic and diluted earnings per share increased by 47.33% to CNY 1.93 from CNY 1.31 in 2018[23]. - The weighted average return on equity decreased by 19.10 percentage points to 28.11% from 47.21% in the previous year[23]. - The total net profit attributable to shareholders for 2019 was RMB 86,003,382.24, indicating a strong financial performance[144]. Dividend Policy - The company plans to distribute a cash dividend of RMB 5 per 10 shares, totaling RMB 28,910,000, which accounts for 33.61% of the net profit attributable to shareholders for 2019[5]. - The company does not plan to increase capital reserves or issue bonus shares, focusing solely on cash dividends for shareholders[5]. - The company’s cash distribution policy prioritizes cash dividends, with a minimum of 80% for mature stages without major capital expenditures, 40% for mature stages with major expenditures, and 20% for growth stages with major expenditures[141]. - The company reported a positive distributable profit for the year, ensuring compliance with the conditions for cash dividends, including sufficient cash flow and no significant investment plans[141]. - The company has maintained a commitment to protect the rights of minority investors through its dividend policy[142]. Risk Management - The company has detailed various operational risks and corresponding countermeasures in the report, emphasizing the importance of risk management[4]. - The report includes a forward-looking statement risk declaration, indicating that future plans do not constitute a commitment to investors[6]. - The company is exposed to risks from raw material price increases, which could adversely affect profitability if sales prices do not adjust accordingly[76]. - The company faced risks related to market competition, particularly from international players like Honeywell UOP and Arkema, which could impact market share[76]. Research and Development - Research and development expenses accounted for 3.58% of operating revenue, an increase of 0.3 percentage points from 2018[23]. - The company has invested a total of ¥14,533,146.27 in R&D during the reporting period, which accounts for 3.58% of its operating revenue[55]. - The company has developed specialized molecular sieves for various applications, including gas purification and environmental remediation, expanding its product offerings[52]. - The company has ongoing major research projects focused on the creation and industrialization of high-efficiency hydrogen production molecular sieves[54]. - The company has achieved advancements in core technologies, maintaining a leading position in the domestic market for molecular sieve products[51]. Market Position and Strategy - The global molecular sieve adsorbent market is projected to grow to $2.01 billion by 2023, with a compound annual growth rate (CAGR) of 6.08% from 2018[44]. - The company holds a 4.43% share of the global production capacity of molded molecular sieves and a 4.24% share of activated molecular sieves, ranking sixth globally[46]. - The company is focusing on expanding its product applications in energy chemical fields and environmental remediation, aligning with national strategic goals[66]. - The company is exploring applications of molecular sieves in environmental remediation, including soil improvement and radioactive wastewater treatment[44]. - The company is actively pursuing mergers and acquisitions to consolidate its position in the molecular sieve market[130]. Governance and Compliance - The company has a comprehensive governance structure in place, with all board members present at the board meeting[5]. - The company emphasizes its commitment to transparency and accuracy in financial reporting, as stated by its management team[5]. - The company commits to not engaging in any related party transactions that would affect its independence or financial integrity[185]. - The company will ensure compliance with social security and housing fund regulations for all employees[186]. Legal Matters - The company reported a lawsuit involving a claim amount of CNY 11,755,136.25, which is currently under execution following a final judgment[194]. - Another lawsuit with a claim amount of CNY 5,405,683.13 is also under execution, with the final judgment maintaining the original ruling[195]. - The company filed a civil lawsuit on April 23, 2019, seeking the return of a loan principal of 15.47 million yuan and interest of 309,400 yuan, totaling 15.7794 million yuan[196].