证券代码：000425 证券简称：徐工机械 徐工集团工程机械股份有限公司 投资者关系活动记录表 | --- | --- | --- | |----------------|----------------------------------|------------------------------------------------------| | | | 编号：2023-04 | | 投资者关系活动 | √特定对象调研 | □分析师会议 | | 类别 | □媒体采访 | □业绩说明会 | | | □新闻发布会 | □路演活动 | | | □现场参观 | | | | □其他 | （请文字说明其他活动内容） | | 活动参与人员 | 海通证券、南方基金等 | 人 | | 时间 | 2023 年 5 月 10 日 | | | 地点 | 公司 211 会议室 | | | 上市公司接待人 | 证券部副部长李栋，证券部刘敏芳 | | | 员姓名 | | | | | （一）公司目前情况？ | | | | 答：2023 | 年一季度，公司营业收入 238.13 亿元，归母 | | | 净利润 15.23 | 亿元，销 ...

证券代码：000425 证券简称：徐工机械 徐工集团工程机械股份有限公司 投资者关系活动记录表 编号：2023-03 | 项冠军产品和企业。 | | --- | | 2023 年一季度，公司营业收入 238.13 亿元，归母净利 | | 润 15.23 亿元，继续保持国内行业领先，销售净利率较去年 | | 全年提升 1.91 个百分点，主机产品占有率同比提升 1.62 个 | | 百分点。出口收入、国际化收入增长双超 50%，海外企业收 | | 入全线增长，其中欧洲、北美战略性市场同比增长 85%，战 | | 略性产品挖掘机同比增长超 60%，新兴产业同比增长超 60%， | | 新能源产品收入 22.29 亿元，同比增长 2.2 倍。 | | 对行业全年的预判是：一季度承压，二季度逐步恢复， | | 下半年稳定复苏，全年有望筑底企稳。公司将巩固优势长板、 | | 正视差距短板、全力突破提升，重点抓好三个经营任务，一 | | 是压降应收账款，二是压降存货，三是通过稳价、降本、调 | | 整产业结构、产品结构、业务结构"一稳一降三调整"提升 | | 毛利率。 | | （二）独立董事耿成轩发言 | | （三）互动 ...

Financial Performance - The company's operating revenue for 2022 was ¥93.82 billion, a decrease of 19.67% compared to the adjusted revenue of ¥116.80 billion in 2021[13]. - Net profit attributable to shareholders for 2022 was ¥4.31 billion, down 47.53% from the adjusted net profit of ¥8.21 billion in 2021[13]. - The net cash flow from operating activities in 2022 was ¥1.58 billion, representing an 86.14% decline from the adjusted cash flow of ¥11.42 billion in 2021[13]. - Basic earnings per share for 2022 were ¥0.36, a decrease of 47.83% compared to ¥0.69 in 2021[13]. - Total assets at the end of 2022 amounted to ¥175.09 billion, reflecting a 4.79% increase from the adjusted total assets of ¥167.09 billion in 2021[14]. - The company recorded a net profit of ¥839.04 million from non-recurring gains in 2022, compared to ¥820.73 million in 2021[20]. - The company experienced a significant decline in net profit from operations in the fourth quarter of 2022, reporting a loss of ¥368.78 million[17]. - The weighted average return on equity decreased to 8.13% in 2022, down 7.78 percentage points from 15.91% in 2021[13]. - The company recorded a net profit of ¥1.97 billion in the first quarter of 2022, which decreased to a loss of ¥1.25 billion in the fourth quarter[17]. Shareholder Information - The company reported a cash dividend of 1.50 RMB per share (including tax) for the 2022 fiscal year, with no bonus shares issued[3]. - The total distributable profit for the period was 10,328,404,878.60 CNY, with cash dividends accounting for 100% of the profit distribution[149]. Business Operations - The company’s main business has not changed since its listing[10]. - The company’s controlling shareholder has been Xuzhou Engineering Machinery Group Co., Ltd. since 2022[11]. - The company’s financial advisor during the reporting period was CITIC Securities Co., Ltd.[12]. - The company’s financial report has been audited by Suya Jincheng Certified Public Accountants[11]. - The company has undergone a restructuring, including mergers and acquisitions, expanding its operational scope[51]. - The company has established several new subsidiaries, including XCMG America Inc. and Xuzhou Intelligent Technology Research Institute, to enhance its global presence[84]. Market Position and Strategy - The company holds the leading position in 13 categories of products in the domestic market, including truck cranes and road rollers, and ranks first globally in mobile cranes and directional drilling machinery[23]. - The company is committed to internationalization as a strategic focus, with a strong emphasis on expanding into high-end markets[23]. - The company achieved a comprehensive efficiency improvement of 19.64% in equipment through data collection and analysis applications[34]. - The company has established a marketing network covering 64 countries along the "Belt and Road" initiative, with over 200 dealers and 100 service parts centers[32]. - The company is focusing on high-end, intelligent, and green transformation in the engineering machinery industry, supported by government policies and infrastructure investments[85]. Research and Development - The company has a total of 9,742 valid patents, including 2,458 invention patents and 183 international patents, showcasing its strong innovation capabilities[30]. - R&D investment reached ¥5,750,496,065.44, representing 6.13% of operating revenue, an increase of 1.49 percentage points from the previous year[60]. - The number of R&D personnel increased by 14.97% to 5,767, with the proportion of R&D personnel in the total workforce rising to 21.00%[59]. - The company is focusing on smart and unmanned construction technologies, aiming for a 40% improvement in construction efficiency by 2025[57]. Environmental Responsibility - The company adheres to multiple environmental protection laws and regulations during its operations[158]. - The company has established a hazardous waste disposal project with an investment of 215 million CNY, capable of processing 22,200 tons of hazardous waste annually[167]. - The company has invested over 300 million CNY in the past three years to strengthen VOCs emission control in painting processes[167]. - The company has achieved a non-compliance rate of zero regarding environmental issues during the reporting period[170]. Corporate Governance - The company has implemented a performance evaluation and incentive mechanism for senior management, promoting high-quality development and protecting shareholder interests[106]. - The company strictly adheres to information disclosure regulations, ensuring timely and accurate reporting of relevant information[107]. - The company has established a complete independent financial management department and accounting system, ensuring independent financial control[111]. - The company has maintained transparency in its remuneration practices, with detailed disclosures in its annual report[133]. Future Outlook - The company expects a revenue growth of approximately 10% in 2023, reflecting a stable recovery in the engineering machinery industry[89]. - The company aims to enhance the localization of key components, increasing the self-sufficiency rate of critical parts to support high-end manufacturing[87]. - The company plans to strengthen its internationalization strategy, optimizing its operational framework across global regions to boost export revenues[91]. - The company is committed to achieving high-quality development while controlling risks and ensuring steady growth in its operations[89].

Financial Performance - The company's operating revenue for Q1 2023 was ¥23,812,986,104.02, a decrease of 10.11% compared to ¥26,492,121,721.88 in the same period last year[4] - Net profit attributable to shareholders was ¥1,523,350,581.21, down 26.38% from ¥2,069,120,792.89 year-on-year[4] - The net cash flow from operating activities was ¥804,996,166.89, reflecting a decline of 26.84% compared to ¥1,100,298,754.06 in the previous year[4] - Basic earnings per share decreased to ¥0.129, down 26.29% from ¥0.175 in the same period last year[4] - Total operating revenue for Q1 2023 was CNY 23.89 billion, a decrease of 9.9% compared to CNY 26.49 billion in Q1 2022[16] - Net profit attributable to shareholders for Q1 2023 was CNY 1.79 billion, compared to CNY 2.09 billion in Q1 2022, reflecting a decline of 14.4%[16] - The total operating profit for Q1 2023 was approximately CNY 1.68 billion, a decrease of 28.7% compared to CNY 2.36 billion in Q1 2022[17] - Net profit attributable to the parent company was CNY 1.52 billion, down 26.4% from CNY 2.07 billion in the same period last year[17] - The total comprehensive income for the period was CNY 1.56 billion, down 25.2% from CNY 2.08 billion in the same quarter last year[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥175,257,907,936.50, a slight increase of 0.10% from ¥175,085,597,374.92 at the end of the previous year[4] - Total liabilities decreased to CNY 119.86 billion in Q1 2023 from CNY 120.43 billion in Q1 2022, a reduction of 0.5%[14] - The company's total assets as of the end of Q1 2023 were CNY 175.26 billion, slightly up from CNY 175.09 billion at the end of Q1 2022[15] Cash Flow - The company's cash and cash equivalents at the end of Q1 2023 amounted to ¥21,935,937,403.45, a decrease from ¥27,826,823,546.37 at the beginning of the year[12] - Cash flow from operating activities was CNY 804.99 million, a decline of 26.9% compared to CNY 1.10 billion in Q1 2022[18] - Total cash inflow from investment activities was CNY 5.26 billion, down 34.3% from CNY 7.99 billion in the previous year[19] - Cash flow from financing activities showed a net outflow of CNY 3.64 billion, compared to a net outflow of CNY 1.20 billion in Q1 2022[19] - The company reported a decrease in cash and cash equivalents, ending the quarter with CNY 16.11 billion, down 20.5% from CNY 20.33 billion at the end of Q1 2022[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 177,854, with the largest shareholder, Xuzhou Engineering Machinery Group, holding 20.19% of shares, equating to 2,385,851,679 shares[9] - The top ten shareholders hold a significant portion of shares, with the largest non-state shareholder holding 6.17%[9] - The company has no related party relationships or concerted actions among the top shareholders, ensuring independent ownership structures[10] - The company has initiated a share repurchase program, with 118,161,506 shares held in a dedicated repurchase account[10] Operational Highlights - The company experienced a 495.48% increase in asset impairment losses, primarily related to inventory and fixed assets[7] - The company reported a significant increase in financial expenses by 188.50% due to exchange rate losses[7] - The net cash flow from financing activities surged by 203.66%, indicating a change in financing scale and structure[7] - The company is focused on market expansion and new product development as part of its strategic initiatives[11] - The company is implementing an equity incentive plan covering nearly 2,000 employees to enhance governance and align interests among shareholders, the company, and employees[11] Inventory and Receivables - Accounts receivable increased to ¥44,641,075,493.29 from ¥40,456,568,652.67, indicating a growth of approximately 5.4%[12] - The company's accounts receivable financing increased to ¥1,384,442,035.38 from ¥1,155,559,792.54, showing a growth of approximately 19.8%[12] - Inventory levels decreased to CNY 34.20 billion in Q1 2023 from CNY 35.10 billion in Q1 2022, a decline of 2.6%[15] Financial Ratios - The company reported a gross profit margin of 7.5% for Q1 2023, down from 9.0% in Q1 2022[16] - The company's equity attributable to shareholders increased by 1.29% to ¥53,941,374,027.95 from ¥53,253,967,979.02 at the end of the previous year[4] - The total equity attributable to shareholders increased to CNY 53.94 billion in Q1 2023 from CNY 53.25 billion in Q1 2022, an increase of 1.3%[14] - Research and development expenses for Q1 2023 amounted to CNY 963.26 million, a decrease of 11.3% from CNY 1.09 billion in Q1 2022[16]

证券代码：000425 证券简称：徐工机械 公告编号：2023-38 徐工集团工程机械股份有限公司 关于举行 2022 年度暨 2023 年第一季度 网上业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 徐工集团工程机械股份有限公司(以下简称"公司") 于 2023 年 4 月 29 日披露了《2022 年度报告》及其摘要、《2023 年第一 季度报告》，内容详见公司披露在巨潮资讯网（www.cninfo.com.cn） 的相关公告。为了方便投资者更加深入全面的了解公司的经营情 况，公司将于 2023 年 5 月 5 日（星期五）采用网络方式举办 2022 年度暨 2023 年第一季度网上业绩说明会，具体情况如下： 一、会议召开日期和时间 2023 年 5 月 5 日（星期五）14:30-16:30 二、会议召开方式 网络互动方式 三、公司出席人员 董事长杨东升先生，独立董事耿成轩女士，副总裁、徐工进 出口公司总经理刘建森先生，副总裁、徐工挖机公司总经理宋之克 先生，副总裁蒋明忠先生，副总裁、财务负责人于红雨先生，董 事会秘书费广胜先生。 - ...

证券代码：000425 证券简称：徐工机械 徐工集团工程机械股份有限公司 - 1 - | | 五、2022 年下半年钢材价格回落，是否能体现到 2022 年毛 | | --- | --- | | | 利率指标上？ | | | 答：公司近年致力于降本提高毛利率，采取的措施主要包括： | | | 一是全面推进产品设计降本，通过产品与质量设计平台化、 | | | 标准化、功能优化、设计优化、工艺优化、材料统型、轻量 | | | 化、国产化替代等全面降低产品设计成本；二是聚焦集中采 | | | 购降本和同盟军建设，全力打造徐工全球数字化供应链平 | | | 台，推进渠道整合优化、推进扩大集采范围、提高产销衔接 | | | 对号率、配套件齐套率等压降材料成本。钢材等原材料回落 | | | 有利于公司降本，但由于长协价等原因对毛利率的影响是有 | | | 所延迟的，预计这方面对 2022 年毛利率影响较小。 | | | 六、整体上市后成为股东的徐工金帆是否是今年解除限售？ | | | 答：公司于 2022 年 8 月 29 日完成整体上市新增股份上市， | | | 徐工金帆通过本次获得的上市公司股份限售期为 36 个月， ...