证券时报网讯，英洛华盘中涨停，已连收7个涨停板，截至9:37，该股报13.27元，换手率9.96%，成交 量1.13亿股，成交金额13.95亿元，涨停板封单金额为3.02亿元。 连续涨停期间，该股累计上涨95.15%，累计换手率为38.15%。 最新A股总市值达150.44亿元。 ...

①首日召开会议审议！增加地方政府债务限额，置换存量隐性债务，机构看好化债进入到加快推进的新 阶段，这家公司共同发起设立了广东省第二家地方资产管理企业； ②全球首款去偏光片直板旗舰真我 GT7Pro发布，以华为和苹果各大手机厂商都在致力于研发新型显示技术，这家国内显示驱动龙头导入 手机开启有望新的增长引擎； ③海外映射：Meta有意投资50亿欧元，购买智能眼镜合作伙伴依视路陆 逊梯卡股份。 【个股竞价和连板数据（新版）】 好消息是首板家数迅速回升至115家，从最近的数据来看，60+的首板家数往往意味着市场冰点，美中 不足的是高位连板晋级率仍旧偏低，且几乎不是涨停就是跌停。 【市场主线】 周一市场全天震荡反弹，创业板指领涨。盘面上，机器人概念股开盘集体爆发，大消费股展开反弹，尾 盘券商等大金融股表现活跃，此外部分高位股迎来修复行情，多股上演"地天板"。指数层面，虽然昨日 两市全天成交额1.69万亿，较上个交易日大幅缩量5365亿，但这刚好对应了盘前提到的资金在等待靴 子落地，同时还有一字跌停个股增加的原因，考虑到美国大选的结果有望在周三中午至晚间公布，也就 是说这种受外部干扰的缩量情况最快1-2天内便有望得到解决 ...

证券时报网讯，证券时报•数据宝统计，两融数据来看，该股最新（11月1日）两融余额为1.53亿元，其 中，融资余额1.52亿元，较前一个交易日减少1088.94万元，环比下降6.67%，近3日累计增加1359.42万 元，环比增长9.80%。 龙虎榜数据显示，该股因连续三个交易日内，涨幅偏离值累计达20%上榜龙虎榜1次，买卖居前营业部 中，深股通累计净买入616.06万元，营业部席位合计净买入5312.07万元。 ...

证券时报e公司讯，英洛华10月29日在投资者电话会议上表示，目前公司磁材产能利用率大概在百分之 七八十，现阶段主要通过设备更新迭代、产线改造来提升产能，未来也会根据市场需求和公司业务情况 考虑进行进一步的产能规划。 公司在原有优势领域持续深耕的同时，近两年也在积极布局新能源汽车、节能电机、空调压缩机等领 域，预期明年磁材销量稳中有升。 ...

证券代码：000795 证券简称：英洛华 英洛华科技股份有限公司投资者关系活动记录表 编号：2024-07 | --- | --- | --- | --- | --- | --- | |-----------------------|----------------------------|---------------------------------------------------------------------------|--------------------------------|-------|--------------| | | | | | | | | | | 特定对象调研 □分析师会议 | | | | | | | □媒体采访 □业绩说明会 | | | | | 投资者关系活动 | □新闻发布会 | | □路演活动 | | | | 类别 | 现场参观 | | | | | | | 其他 | （投资者电话会议） | | | | | | | 民生证券：邱祖学、李挺、张弋清 | | | | | 参与单位名称及 | 上海贵源投资：赖正健 | | | | | | 人员姓名 | 泰康香港：尹煜晖 ...

Financial Performance - Revenue for the third quarter was RMB 929.14 million, a decrease of 1.47% year-over-year[2] - Net profit attributable to shareholders of the listed company for the third quarter was RMB 60.85 million, an increase of 135.18% year-over-year[2] - Net profit for the period was 205,550,775.66 yuan, a significant increase from 88,717,612.00 yuan in the previous period[13] - Operating income for the period was 2,867,396,793.93 yuan, slightly up from 2,814,562,440.91 yuan in the previous period[13] - Net profit attributable to parent company shareholders: RMB 206,489,464.75, up from RMB 82,288,215.29 in the previous period[14] - Basic earnings per share: RMB 0.1863, compared to RMB 0.0736 in the previous period[14] Cash Flow and Liquidity - Net cash flow from operating activities for the first three quarters was RMB 467.91 million, an increase of 42.82% year-over-year[2] - Cash flow from operating activities: RMB 467,914,994.48, up from RMB 327,628,964.62 in the previous period[16] - Cash received from sales of goods and services: RMB 2,940,412,106.15, slightly down from RMB 2,969,340,102.33 in the previous period[15] - Cash paid for goods and services: RMB 2,111,855,182.29, down from RMB 2,296,113,253.61 in the previous period[15] - Cash paid to employees: RMB 366,005,990.22, up from RMB 320,412,294.70 in the previous period[16] - Cash flow from investing activities: RMB -19,754,034.64, improved from RMB -145,377,321.23 in the previous period[16] - Cash flow from financing activities: RMB -532,007,997.21, compared to RMB 170,565,664.67 in the previous period[16] - Net increase in cash and cash equivalents: RMB -75,072,846.40, down from RMB 357,596,865.99 in the previous period[16] - Ending cash and cash equivalents balance: RMB 1,023,298,499.95, down from RMB 1,609,068,096.11 in the previous period[16] Assets and Liabilities - Total assets at the end of the reporting period were RMB 3.90 billion, a decrease of 6.74% compared to the end of the previous year[2] - Total assets decreased to 3,904,806,189.61 yuan from 4,187,036,597.49 yuan compared to the previous period[11] - Total liabilities decreased to 1,200,584,612.10 yuan from 1,556,399,325.45 yuan, indicating a reduction in debt[11] - Total equity increased to 2,704,221,577.51 yuan from 2,630,637,272.04 yuan, reflecting growth in shareholder value[12] - Short-term borrowings decreased by 58.94% to RMB 263.99 million due to repayment of bank loans to reduce financing costs[5] - Short-term borrowings decreased significantly to 263,994,607.58 yuan from 642,915,352.28 yuan, indicating improved liquidity[11] - The company's monetary funds increased to 813,661,499.95 yuan at the end of the period, up from 796,705,593.13 yuan at the beginning of the period[10] - Accounts receivable decreased to 841,441,543.18 yuan at the end of the period, down from 942,419,513.11 yuan at the beginning of the period[10] - Inventory decreased to 669,403,072.55 yuan at the end of the period, down from 763,020,432.31 yuan at the beginning of the period[10] - Total current assets decreased to 2,880,478,182.72 yuan at the end of the period, down from 3,166,960,000.51 yuan at the beginning of the period[10] - Fixed assets decreased to 771,317,746.07 yuan at the end of the period, down from 778,156,272.78 yuan at the beginning of the period[10] - Construction in progress increased to 43,923,774.21 yuan at the end of the period, up from 39,692,279.63 yuan at the beginning of the period[10] - Intangible assets increased to 121,683,146.01 yuan at the end of the period, up from 120,194,025.64 yuan at the beginning of the period[10] - Deferred tax assets increased to 29,362,894.11 yuan from 25,647,108.30 yuan, reflecting changes in tax planning[11] Shareholder Information - The company's largest shareholder, Hengdian Group Holding Co., Ltd., holds 39.48% of the shares[6] - The number of ordinary shareholders at the end of the reporting period was 77,825[6] - The largest shareholder, Hengdian Group Holding Co., Ltd., holds 447,529,376 shares of common stock[7] - The second largest shareholder, Hengdian Group DMEGC Magnetics Co., Ltd., holds 98,077,839 shares of common stock[7] - The third largest shareholder, Lin Renping, holds 17,500,000 shares of common stock[7] Financial Expenses and Income - Financial expenses decreased by 693.87% to RMB -13.86 million, mainly due to reduced loan interest and increased exchange gains[5] - Interest expenses decreased to 9,868,428.53 yuan from 26,983,792.22 yuan, reflecting lower financing costs[13] - Total operating costs decreased to 2,639,697,194.85 yuan from 2,710,443,849.68 yuan, showing improved cost management[13] - Other income decreased to 33,047,422.60 yuan from 46,565,603.85 yuan, indicating a reduction in non-operating income[13] - Government subsidies recognized during the reporting period amounted to RMB 3.54 million[3] Profitability and Returns - The company's weighted average return on equity for the first three quarters was 7.72%, an increase of 4.65 percentage points year-over-year[2]

证券代码：000795 证券简称：英洛华 英洛华科技股份有限公司投资者关系活动记录表 编号：2024-06 | --- | --- | --- | --- | --- | --- | --- | |-----------------------|--------------------------------------------------------------|--------------------|-------|-------|-------|-------| | | | | | | | | | | 特定对象调研 □分析师会议 | | | | | | | | □媒体采访 □业绩说明会 | | | | | | | 投资者关系活动 | □新闻发布会 | □路演活动 | | | | | | 类别 | 现场参观 | | | | | | | | □其他 （请文字说明其他活动内容） | | | | | | | 参与单位名称及 | 民生证券：邱祖学、李挺 | | | | | | | 人员姓名 | | | | | | | | 时间 2024 | 年 10 月 10 日 | | | | | | | 地点 横店 | ...

证券代码：000795 证券简称：英洛华 英洛华科技股份有限公司投资者关系活动记录表 编号：2024-05 | --- | --- | --- | --- | --- | --- | --- | --- | |----------------|--------------------------------------------------------|----------------------------|-------|-------|-------|----------------------------------------------------------|-------| | | | | | | | | | | | □特定对象调研 □分析师会议 | | | | | | | | 投资者关系活动 | □媒体采访 □业绩说明会 | | | | | | | | 类别 | □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） | | | | | | | | 物产中大集团投资有限公司：江雪峰 | | | | ...

证券代码：000795 证券简称：英洛华 英洛华科技股份有限公司投资者关系活动记录表 编号：2024-04 特定对象调研 □分析师会议 □媒体采访 □业绩说明会 投资者关系活动 □新闻发布会 □路演活动 类别 现场参观 其他 （投资者电话会议） 南方证券：金岚枫 民生证券：李挺、南雪源 恒越基金管理有限公司：钱臻 参与单位名称及 青骊投资管理(上海)有限公司：李卫 人员姓名 大家保险集团有限责任公司：冯思宇 上海涌津投资管理有限公司：赵梓峰 上海颢升私募基金管理有限公司：沈海兵 时间 2024 年 8 月 22 日 地点 公司会议室 上市公司接待人 董事会秘书：钱英红 财务总监：刘桂平 员姓名 永磁事业部：吴美浩 证券事务代表：吴美剑 一、公司上半年度业绩简介 公司目前主要有磁材、电机、健康器材三大业务板块。2024 年上半年度，公司整体经营业绩表现良好，营收和利润均取得 投资者关系活动 增长，其中磁材业务营收约 10.81 亿元，电机业务营收约 4.89 主要内容介绍 亿元，健康器材业务营收约 2.74 亿元，占比分别为 56%、25%、 14%左右。磁材业务在相对困难的市场环境中仍保持了量的增 长，利润近 ...

Financial Performance - Revenue for the reporting period was RMB 1,938,260,095.88, an increase of 3.57% compared to the same period last year[11] - Net profit attributable to shareholders of the listed company was RMB 145,636,306.63, a significant increase of 158.16% year-over-year[11] - Basic earnings per share (EPS) were RMB 0.1308, up 159.01% compared to the same period last year[11] - Net cash flow from operating activities was RMB 239,946,754.17, a decrease of 23.59% compared to the same period last year[11] - Weighted average return on equity (ROE) was 5.44%, an increase of 3.37 percentage points compared to the same period last year[11] - Revenue for the first half of 2024 reached 1,938.26 million yuan, a year-on-year increase of 3.57%[20] - Net profit attributable to shareholders of the listed company was 145.64 million yuan, a year-on-year increase of 158.16%[20] - Total operating revenue for the first half of 2024 reached 1,938,260,095.88 RMB, an increase from 1,871,535,309.58 RMB in the same period last year[98] - Net profit attributable to the parent company's shareholders was 145,636,306.63 RMB, up from 56,413,318.16 RMB in the first half of 2023[98] - Basic earnings per share (EPS) for the first half of 2024 was 0.1308, compared to 0.0505 in the same period last year[99] - Comprehensive income attributable to the parent company's shareholders was 145,162,152.06 RMB, up from 56,413,318.16 RMB in the first half of 2023[99] - The parent company's operating income for the first half of 2024 was 31,954,589.57 RMB, a significant increase from 9,682,711.06 RMB in the same period last year[100] - The parent company's net profit for the first half of 2024 was 88,406,617.71 RMB, compared to 75,362,448.51 RMB in the first half of 2023[101] - Basic EPS for the parent company in the first half of 2024 was 0.0794, up from 0.0674 in the same period last year[101] - Operating cash flow from sales of goods and services decreased to 1,944,478,456.40 yuan in H1 2024 from 2,098,480,450.97 yuan in H1 2023, a decline of 7.3%[102] - Net cash flow from operating activities dropped to 239,946,754.17 yuan in H1 2024 from 314,019,267.38 yuan in H1 2023, a decrease of 23.6%[103] - Cash received from tax refunds increased by 52.3% to 94,023,511.41 yuan in H1 2024 compared to 61,750,245.85 yuan in H1 2023[102] - Net cash flow from investing activities improved significantly to 31,039,657.54 yuan in H1 2024 from -144,319,788.96 yuan in H1 2023[103] - Cash received from investments decreased sharply to 4,390,362.37 yuan in H1 2024 from 25,175,864.07 yuan in H1 2023, an 82.6% drop[103] - Net cash flow from financing activities turned negative at -385,343,945.27 yuan in H1 2024 compared to positive 73,662,441.05 yuan in H1 2023[103] - Cash and cash equivalents at the end of H1 2024 stood at 994,942,472.91 yuan, down 33.7% from 1,500,968,844.71 yuan at the end of H1 2023[103] - Parent company's operating cash flow from sales of goods and services surged 271.2% to 244,821,874.41 yuan in H1 2024 from 65,970,726.06 yuan in H1 2023[104] - Parent company's net cash flow from operating activities plummeted 92.8% to 13,688,466.77 yuan in H1 2024 from 190,367,514.05 yuan in H1 2023[105] - Parent company's cash and cash equivalents decreased 2.4% to 255,280,681.83 yuan at the end of H1 2024 from 261,551,245.27 yuan at the end of H1 2023[105] Assets and Liabilities - Total assets at the end of the reporting period were RMB 3,985,524,778.91, a decrease of 4.81% compared to the end of the previous year[11] - Total assets at the end of the period were 3,985,524,778.91 yuan, a decrease from 4,187,036,597.49 yuan at the beginning of the period[92] - The company's monetary funds decreased to 773,923,793.50 yuan from 796,705,593.13 yuan at the beginning of the period[91] - Accounts receivable increased to 974,864,530.68 yuan from 942,419,513.11 yuan at the beginning of the period[91] - Inventory increased to 789,537,647.07 yuan from 763,020,432.31 yuan at the beginning of the period[91] - Short-term borrowings decreased significantly to 331,043,132.90 yuan from 642,915,352.28 yuan at the beginning of the period[92] - Accounts payable increased to 586,053,032.14 yuan from 501,430,058.54 yuan at the beginning of the period[92] - The company's fixed assets decreased slightly to 769,204,996.08 yuan from 778,156,272.78 yuan at the beginning of the period[92] - The company's total current assets decreased to 2,963,672,501.35 yuan from 3,166,960,000.51 yuan at the beginning of the period[91] - The company's total non-current assets remained relatively stable at 1,021,852,277.56 yuan compared to 1,020,076,596.98 yuan at the beginning of the period[92] - The company's total liabilities and equity decreased to 3,985,524,778.91 yuan from 4,187,036,597.49 yuan at the beginning of the period[92] - Total liabilities decreased to 1,322,890,993.55 yuan from 1,556,399,325.45 yuan, a reduction of 15%[93] - Total assets increased to 2,852,340,241.17 yuan from 2,664,559,880.97 yuan, a growth of 7%[95] - Accounts receivable increased to 209,138,065.69 yuan from 131,782,970.31 yuan, a rise of 59%[95] - Other receivables increased to 528,601,030.47 yuan from 433,041,114.82 yuan, a growth of 22%[95] - Long-term loans increased to 68,000,000.00 yuan from 20,233,500.00 yuan, a significant rise of 236%[93] - Deferred income decreased to 39,852,896.23 yuan from 44,555,531.01 yuan, a reduction of 11%[93] - Total equity increased to 2,662,633,785.36 yuan from 2,630,637,272.04 yuan, a growth of 1.2%[93] - Current liabilities decreased to 1,203,064,198.00 yuan from 1,487,138,863.33 yuan, a reduction of 19%[93] - Non-current liabilities increased to 119,826,795.55 yuan from 69,260,462.12 yuan, a rise of 73%[93] - Inventory decreased to 2,746,284.12 yuan from 6,395,570.65 yuan, a reduction of 57%[95] Business Segments and Market Trends - The company operates in three main business segments: rare earth permanent magnets, motor series products, and health equipment[19] - The global market size for electric wheelchairs and personal mobility devices is expected to reach USD 8.12 billion by 2030, with a CAGR of 6.9%[18] - The global market for industrial robots is projected to reach USD 66 billion by 2024, with 553,000 new installations in 2022, up 5% YoY[17] - China's micro motor market grew from RMB 102.41 billion in 2018 to RMB 161.04 billion in 2023, with a CAGR of 10%[16] - The global population aged 65 and above is expected to reach 2.2 billion by the late 2070s, driving demand for health equipment[17] - The company's motor products include AC, DC, brushless, and servo motors, widely used in health, agriculture, and smart logistics[19] - The company has two neodymium iron boron production bases in Hengdian and Ganzhou, with products used in wind power, automotive, and smart home appliances[19] - The first batch of rare earth mining and smelting separation quotas for 2024 were 135,000 tons (up 12.5% YoY) and 127,000 tons (up 10.4% YoY), respectively[15] - The Rare Earth Management Regulations, effective from October 1, 2024, aim to standardize the industry and promote high-quality development[15] Subsidiaries and Operations - Subsidiary Yingluohua Magnetic Industry was awarded the title of "Provincial Digital Factory" and "Provincial Green Factory", and was recognized as a National Specialized and Sophisticated "Little Giant" Enterprise in 2022[26] - Subsidiary Ganzhou Dongci is a high-tech enterprise and a major supplier of core materials for energy-saving elevators and wind power generation, with strong competitive advantages[26] - Subsidiary Lianyi Motor has a long history and high brand influence, with major clients across North America, Europe, and Southeast Asia, and was recognized as a National Specialized and Sophisticated "Little Giant" Enterprise in 2021[26] - Subsidiary Yingluohua Rehabilitation was recognized as a Zhejiang Provincial Specialized and Sophisticated SME in 2023 and won two honors from Tmall for "Innovative Product" and "Trend Product"[27] - The subsidiary Yingluohua Rehabilitation achieved a net profit of 46,388,885.83 yuan, with a significant increase in sales and profits due to new material applications and market expansion[44] - Lianyi Motor, another subsidiary, reported a net profit of 36,447,158.46 yuan, driven by new customer development and optimized supply chain management[44] - Ganzhou Dongci, a subsidiary, experienced a decline in net profit to 19,160,873.85 yuan due to fluctuations in raw material prices and terminal market demand[44] Research and Development - The company obtained 9 international patents and 38 domestic patents, including 12 invention patents[22] - The company developed high-performance material grades such as N55SH and N55H, enhancing its technical reserves for high-end market applications[20] - The company optimized the grain boundary diffusion process and Ce substitution process, reducing heavy rare earth usage and lowering production costs[20] - The company applied for 111 new patents and was granted 142 new patents during the reporting period, with 9 new provincial-level products, 4 of which reached international advanced levels[29] - R&D expenses decreased to 92,073,528.25 RMB from 106,633,613.33 RMB year-over-year[98] Environmental and Social Responsibility - The company invested over 3 million yuan in environmental governance and protection during the reporting period[55] - The company installed photovoltaic power generation systems in its Yingluohua Magnetic and Lianyi Motor plants, generating approximately 3 million kWh of electricity in the first half of 2024[55] - The company adheres to environmental protection laws and regulations, with no environmental penalties during the reporting period[55] - The company emphasizes investor relations management, providing multiple communication channels and ensuring equal access to information for all shareholders[55] - The company actively fulfills its social responsibilities, promoting green development and contributing to local employment and poverty alleviation[56] Corporate Governance and Shareholder Information - The company plans not to distribute cash dividends, issue bonus shares, or convert capital reserve into share capital[2] - The company's registered address, office address, website, and email remained unchanged during the reporting period[8] - The company's stock code is 000795, and it is listed on the Shenzhen Stock Exchange[6] - The company's legal representative is Wei Zhonghua[6] - The company held its 2023 annual general meeting on April 11, 2024, with a 41.28% investor participation rate[48] - Key management changes included the departure of Director Mei Rui on March 1, 2024, and the election of Director Wu Xing on April 11, 2024[49] - The company plans not to distribute cash dividends, issue bonus shares, or convert capital reserve into share capital for the semi-annual period[50] - The company's first employee stock ownership plan (ESOP) holds 4,997,617 shares, accounting for 0.44% of the total share capital, with no changes during the reporting period[50] - The company's financial director, Liu Guiping, holds 120,617 shares, accounting for 0.01% of the total share capital, with no changes during the reporting period[51] - The company's largest shareholder, Hengdian Group Holding Co., Ltd., holds 39.48% of the shares, with 447.53 million shares, of which 181 million shares are pledged[82] Risk Management and Future Outlook - The company faces risks from intensified industry competition, raw material price fluctuations, and potential loss of core technical personnel[46] - The company will actively manage exchange rate risks by monitoring global financial markets and utilizing financial tools to mitigate the impact of RMB fluctuations[46] - The company has committed to avoiding any form of unfair related-party transactions and ensuring that any such transactions are conducted under normal commercial terms, with strict adherence to regulatory requirements and internal governance rules[58] - The company has pledged to respect its independent legal entity status, ensuring independent operations and decision-making, and will not engage in any activities that could harm the interests of the company or its shareholders[58] - The company has committed to not engaging in any business activities that compete with its core operations, and will notify the company immediately if any such competitive activities arise, offering the business opportunity to the company first[58] - The company has agreed to prioritize the company's interests in any competitive business scenarios, allowing the company to choose to control or acquire such businesses first, and if the company declines, the business will be terminated or transferred under no more favorable conditions than those offered to the company[58] Accounting and Financial Policies - The company's financial statements are prepared in accordance with the "Enterprise Accounting Standards" and reflect the company's financial status and operating results[123] - The company's accounting period follows the Gregorian calendar, from January 1 to December 31[124] - The company uses a 12-month operating cycle as the standard for dividing the liquidity of assets and liabilities[125] - The company's important accounting standards include significant bad debt provisions for receivables over 5 million yuan and significant investment activities accounting for more than 5% of total net assets[128] - The company's long-term equity investment cost in a business combination under common control is determined based on the book value of the net assets of the combined entity in the consolidated financial statements of the ultimate controlling party[129] - For business combinations not under common control, the merger cost is the sum of the fair value of assets, liabilities, and equity securities issued by the acquirer to obtain control of the acquiree[130] - If the merger cost is less than the fair value of the identifiable net assets acquired, the difference is recognized in the current period's profit or loss after a review[131] - The company includes all controlled subsidiaries in the consolidated financial statements, assessing control based on power, variable returns, and the ability to influence returns[132] - For subsidiaries acquired through business combinations not under common control, the company does not adjust the opening balance of the consolidated balance sheet and includes the subsidiary's income, expenses, and cash flows from the acquisition date to the reporting period end[133] - The company re-measures the fair value of equity at the acquisition date, with the difference between fair value and book value recorded as investment income in the current period[134] - Disposal of subsidiary equity resulting in loss of control is accounted for by re-measuring the remaining equity at fair value, with the difference recorded as investment income[134] - The company treats multiple transactions for disposing subsidiary equity as a package deal if they meet specific conditions, with gains or losses recognized in other comprehensive income until control is lost[134] - Purchasing minority equity in subsidiaries results in adjustments to capital surplus, with insufficient surplus adjusted against retained earnings[135] - Partial disposal of subsidiary equity without losing control leads to adjustments in capital surplus, with insufficient surplus adjusted against retained earnings[135] - The company classifies joint arrangements as either joint operations or joint ventures, recognizing assets and liabilities based on its share in joint operations[136] - For joint operations, the company only recognizes profits or losses attributable to other participants until assets are sold to third parties[137] - Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and have minimal risk of value change[138] - Foreign currency transactions are recorded at the spot exchange rate on the transaction date, with exchange differences recognized in current period profits or losses[139] - Financial assets are classified and measured based on the company's business model and the contractual cash flow characteristics of the financial assets[140] - Financial assets are classified and measured based on their business model and cash flow characteristics, including amortized cost, fair value through other comprehensive income, and fair value through profit or loss[141] - The company's financial liabilities are primarily measured at amortized cost, including notes payable, accounts payable, and borrowings, with related transaction costs included in the initial recognition amount[142] - Financial assets are derecognized when the contractual rights to the cash flows expire, or