QJIANG(000913)
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钱江摩托(000913) - 2019 Q4 - 年度财报
2020-04-26 16:00
Financial Performance - The company's operating revenue for 2019 was CNY 3,784,597,110.45, representing a 22.54% increase compared to CNY 3,088,519,362.52 in 2018[24]. - The net profit attributable to shareholders of the listed company reached ¥227,961,079.28, an increase of 259.80% compared to the previous period[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥98,624,297.05, reflecting a growth of 172.43%[26]. - Basic and diluted earnings per share were both ¥0.50, up 257.14% from ¥0.14[26]. - The weighted average return on equity increased to 8.82%, compared to 2.56% in the previous year[26]. - Total assets amounted to ¥4,712,777,270.39, representing a year-on-year increase of 7.93%[26]. - The net assets attributable to shareholders of the listed company were ¥2,698,256,416.16, an increase of 8.69% from the previous year[26]. - The company reported a significant increase in non-recurring gains, totaling ¥129,336,782.23, compared to ¥27,155,832.21 in the previous year[34]. - The company achieved a revenue of CNY 3.78 billion in 2019, representing a year-on-year growth of 22.54%[57]. - Net profit attributable to shareholders reached CNY 228 million, a significant increase of 259.8% compared to the previous year[57]. Sales and Market Performance - Motorcycle sales reached 442,800 units, marking a year-on-year growth of 6.63%[47]. - Domestic motorcycle sales were approximately 239,400 units, up by about 11.91% year-on-year, driven by the popularity of large-displacement models[47]. - International sales totaled approximately 203,500 units, with a year-on-year increase of 1.02%, and large-displacement exports grew by 4%[49]. - The revenue from two-wheeled motorcycles accounted for 83.41% of total revenue, with a year-on-year growth of 24.89%[58]. - Domestic revenue constituted 64.16% of total revenue, showing a substantial increase of 44.20% year-on-year[58]. - The company improved its channel coverage rate to 90% in non-restricted areas, enhancing overall channel quality[48]. - The company participated in over 90 major exhibitions globally, significantly increasing the Benelli brand's exposure[49]. Research and Development - The company applied for 67 patents in 2019, including 10 invention patents, enhancing its technological capabilities[52]. - Research and development expenses rose to ¥154,270,574.31, marking a year-on-year increase of 29.04% due to higher material consumption and personnel costs for new product development[73]. - The number of R&D personnel increased to 308, representing a growth of 21.26% from 254 in the previous year[74]. - The proportion of R&D investment to operating revenue rose to 4.08% in 2019, up from 3.87% in 2018, indicating a strategic focus on innovation[77]. Cash Flow and Investments - The net cash flow from operating activities was ¥333,065,637.80, a significant turnaround from a negative cash flow of -¥54,467,390.56 in the previous period[26]. - Operating cash inflow totaled ¥3,827,789,987.29, reflecting a year-on-year increase of 26.95% driven by a rise in cash received from sales[78]. - The net increase in cash and cash equivalents was ¥973,373,484.17, a substantial rise of 387.11% compared to the previous year[78]. - Investment cash outflow decreased by 69.03% to ¥240,282,441.95, primarily due to reduced expenditures on financial products[78]. - Financing cash inflow increased by 85.48% to ¥828,110,361.09, largely attributed to an increase in bill discounting by ¥394 million[78]. Shareholder Information - The total share capital of the company is 453,536,000 shares, with the largest shareholder holding 47.96% of the shares[6]. - The company has 15,810 ordinary shareholders as of the report date[197]. - The top shareholder, Geely Technology Group Co., Ltd., holds 29.77% of the shares, with a total of 135,000,000 shares[197]. - The company reported no significant changes in its shareholder structure or asset and liability structure during the reporting period[196]. Risk Management - The company has identified potential risks and formulated countermeasures for its future development in its annual report[6]. - The company has faced macroeconomic risks, including a slowdown in global economic growth and declining consumer spending, which may impact market expansion and product sales[125]. - The company will enhance its risk control system to ensure healthy and orderly development amid potential geopolitical risks affecting export policies[125]. - The company will strengthen its foreign exchange risk management to stabilize export operations and minimize foreign exchange losses[125]. Corporate Governance - The profit distribution plan approved by the board is a cash dividend of CNY 4.4 per 10 shares (including tax), with no bonus shares issued[6]. - The company has a clear profit distribution policy that complies with its articles of association, ensuring the protection of minority shareholders' rights[131]. - The company has not proposed any stock dividend distribution or capital reserve transfer in the past three years[135]. - The company has not engaged in any research, communication, or interview activities during the reporting period[126]. Strategic Focus - The company is focusing on expanding its high-end traditional motorcycle industry and exploring electric vehicle sectors through collaborations with well-known brands like Harley-Davidson[39]. - The company aims to expand its market presence and enhance cash flow by disposing of idle assets, as evidenced by the recent property sale[102]. - The company is actively involved in the development of lithium batteries and related technologies through its subsidiary, Zhejiang Qianjiang Lithium Battery Technology Co., which reported a net loss of 105.79 million yuan[109]. - The company is exploring new technologies and products in the electric vehicle sector, reflecting its commitment to innovation and market expansion[112]. Legal Matters - Zhejiang Qianjiang Motorcycle Co., Ltd. reported a lawsuit involving its subsidiary Zhejiang Qianjiang Lithium Battery Technology Co., Ltd. against Yantai Shuchi Bus Co., Ltd. for unpaid debts amounting to ¥199,837.7[152]. - The counterclaim from Yantai Shuchi Bus Co., Ltd. against Zhejiang Qianjiang Lithium Battery Technology Co., Ltd. involves a sales contract dispute with an amount of ¥72,841.5, which is currently ongoing[152].
钱江摩托:关于举行投资者接待日活动的公告
2020-04-26 10:20
关于举行投资者接待日活动的公告 证券代码:000913 证券简称:钱江摩托 公告编号:2020 临-024 浙江钱江摩托股份有限公司 关于举行投资者接待日活动的公告 本公司及董事会全体成员保证信息披露内容真实、准确、完 整,没有虚假记载、误导性陈述或重大遗漏。 为进一步提高公司治理水平,加强投资者关系管理,增进公司与 广大投资者的沟通与交流,体现公司进一步服务投资者、回报投资者 的责任心,公司定于 2020 年 5 月 20 日下午举行投资者接待日活动。 现将有关事项公告如下: 1、活动时间:2020 年 5 月 20 日下午 15:00—16:00 2、活动地点:公司会议室 3、召开方式:现场召开 4、参加人员:公司董事长、总经理、董事会秘书、财务总监。 届时将针对经营情况、公司治理、下一步可持续发展等投资者关 心的问题与广大投资者进行现场交流和沟通,同时广泛听取投资者的 意见和建议。 为了更好的安排本次活动,请有意参与本次活动的投资者提前与 公司证券部工作人员预约,预约时间:2020 年 5 月 15 日上午 9 时至 11 时,下午 13 时至 16 时,预约电话:0576-86192111。 为了提高 ...
钱江摩托(000913) - 2019 Q3 - 季度财报
2019-10-30 16:00
Financial Performance - Net profit attributable to shareholders was ¥211,092,372.92, a significant increase of 3,336.23% year-on-year[9] - Operating revenue for the period was ¥1,021,437,546.85, representing a growth of 43.93% compared to the same period last year[9] - Basic earnings per share rose to ¥0.47, reflecting a 4,600.00% increase year-on-year[9] - The net profit excluding non-recurring gains and losses was ¥29,885,280.18, up 3,196.90% year-on-year[9] - The company reported a profit from asset disposal and other income amounting to 82.99 million yuan[29] - Net profit for the current period was ¥210,290,418.06, compared to ¥2,117,130.25 in the same period last year, reflecting a substantial increase[65] - Total profit for the current period was ¥260,114,901.21, compared to ¥6,793,728.08 in the previous period[65] - Net profit increased substantially to ¥599,634,973.16 from ¥78,164,583.69, representing a growth of approximately 666.5%[89] Cash Flow - The net cash flow from operating activities increased by 441.65% to ¥547,759,400.69 year-to-date[9] - Cash and cash equivalents increased by 419.43% to ¥1,230,432,949.08 due to higher cash receipts from sales and investment recoveries[21] - The net cash flow from operating activities was ¥547,759,400.69, a significant increase from ¥101,128,500.01[98] - The net cash flow from investment activities was ¥517,624,663.39, a recovery from a negative cash flow of ¥317,344,569.47 in the same period last year[104] - Total cash inflow from investment activities reached ¥678,272,771.14, up from ¥178,206,905.11 year-over-year[104] Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,726,569,015.50, an increase of 8.25% compared to the previous year[9] - Total liabilities increased to ¥1,914,620,013.90 from ¥1,850,170,430.07, representing a growth of approximately 3.8% year-over-year[48] - Total equity attributable to shareholders increased to ¥2,795,299,696.58 from ¥2,482,576,328.85, reflecting a growth of approximately 12.6%[51] - The company’s long-term borrowings decreased by 100% to ¥0, as a subsidiary repaid its bank loans[21] - The total current assets increased to ¥1,879,143,759.31 from ¥1,264,064,310.49, representing a growth of about 48.7%[54] Income and Expenses - Total operating costs amounted to ¥894,020,404.12, up 32% from ¥676,982,673.62 in the prior period[62] - Tax expenses for the current period were ¥49,824,483.15, compared to ¥4,676,597.83 in the previous period[65] - Research and development expenses were ¥41,649,020.59, slightly down from ¥42,189,204.16 in the previous period[62] - The company reported a financial expense of -¥15,184,991.65, an improvement from -¥34,034,581.39 in the previous period[62] Investment and Growth - The company recognized a gain of ¥93,130,000 from the transfer of a 39% stake in Zhejiang Qianjiang Robot Co., Ltd.[9] - Investment income surged by 974.88% to ¥86,348,062.93, primarily from the transfer of a 39% stake in Zhejiang Qianjiang Robot Co., Ltd.[24] - The company has received project-specific subsidies of ¥60 million for its lithium-ion battery project, which is currently underway[26] - Future outlook suggests a projected revenue growth of 20% for the next fiscal year, driven by new product launches and market expansion strategies[131] Market and Product Development - The user base has expanded by 15% year-over-year, indicating strong market demand for the company's products[131] - A new electric motorcycle model is set to launch in Q2 2020, anticipated to capture a 10% market share in the electric vehicle segment[131] - The company is investing in R&D with a budget increase of 10% to enhance product innovation and technology development[131] - Market expansion efforts include entering two new international markets, expected to contribute an additional 5 million in revenue[131] Customer and Operational Metrics - Customer satisfaction ratings have increased to 90%, reflecting the effectiveness of recent service improvements[131] - The gross margin improved to 25%, up from 22% in the previous quarter, indicating better cost management and pricing strategies[131] - The company plans to implement a new digital marketing strategy aimed at increasing online sales by 30% over the next year[131]
钱江摩托:关于参加浙江辖区上市公司投资者网上集体接待日活动的公告
2019-10-30 07:51
关于参加浙江辖区上市公司投资者网上集体接待日活动的公告 证券代码:000913 证券简称:钱江摩托 公告编号:2019 临-038 浙江钱江摩托股份有限公司 关于参加浙江辖区上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、 完整,没有虚假记载、误导性陈述或重大遗漏。 为了进一步加强与投资者特别是中小投资者的沟通交流,浙江钱江 摩托股份有限公司(以下简称"公司")将参加由中国证券监督管理委 员会浙江证监局、台州市人民政府金融工作办公室、浙江省上市公司协 会、深圳市全景网络有限公司(以下简称"全景网")共同举办的 "'沟通促发展 理性共成长'辖区上市公司投资者网上集体接待日主题 活动"。现将有关事项公告如下: 本次投资者网上集体接待日活动将通过全景网互动平台采取网络远 程的方式举行,投资者可以登录投资者关系互动平台 (http://rs.p5w.net)参与互动交流,活动时间为 2019 年 11 月 5 日 (星期二)下午 15:30-17:00。 届时公司董事长余瑾先生、财务总监江传敏先生、董事会秘书王海 斌先生将通过网络在线形式与投资者就公司治理、发展战略、经营状 ...
钱江摩托(000913) - 2019 Q2 - 季度财报
2019-08-30 16:00
Financial Performance - The company's operating revenue for the first half of 2019 was ¥1,890,586,802.23, a decrease of 1.05% compared to ¥1,910,554,919.06 in the same period last year[23]. - Net profit attributable to shareholders was ¥88,294,981.72, representing a 31.03% increase from ¥67,386,810.45 in the previous year[23]. - The net cash flow from operating activities increased by 141.97%, reaching ¥248,266,003.38 compared to ¥102,600,362.18 in the same period last year[23]. - Basic earnings per share rose to ¥0.19, up 26.67% from ¥0.15 in the previous year[23]. - The company achieved operating revenue of RMB 1.89 billion, a year-on-year decrease of 1.05%, with domestic sales revenue increasing by 10.01% to RMB 1.27 billion, while export revenue decreased by 17.77% to RMB 625 million[40]. - The net profit attributable to shareholders increased by 31.03% to RMB 88.30 million, and the net profit after deducting non-recurring gains and losses rose by 25.29% to RMB 73.54 million[40]. - The company reported a loss of ¥3,785,296.78 from fair value changes, a decrease of 3.23%, primarily due to changes in the fair value of financial trading assets[49]. - The company anticipates a significant decline in net profit for the year-to-date period compared to the same period last year due to multiple risks including weak demand and intensified competition in the motorcycle industry[76]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,376,874,351.18, a slight increase of 0.24% from ¥4,366,427,556.28 at the end of the previous year[23]. - The net assets attributable to shareholders increased by 4.09%, amounting to ¥2,584,221,490.91 compared to ¥2,482,576,328.85 at the end of the previous year[23]. - Accounts receivable decreased to ¥555,194,749.01, accounting for 12.68% of total assets, down from 21.10% last year, mainly due to the collection of previous new energy vehicle payments[50]. - Total liabilities decreased to ¥1,780,295,528.72 from ¥1,850,170,430.07, showing a reduction of about 3.8%[156]. - The company's total equity increased to ¥2,596,578,822.46 from ¥2,516,257,126.21, marking an increase of approximately 3.2%[156]. Cash Flow - The net cash flow from operating activities was ¥81,387,854.05, a significant improvement from a net outflow of ¥81,430,247.33 in the same period last year[190]. - Total cash inflow from operating activities reached ¥1,783,147,264.76, compared to ¥1,285,006,676.50 in the previous year, indicating a year-over-year increase of approximately 39%[190]. - Cash outflow for operating activities totaled ¥1,701,759,410.71, up from ¥1,366,436,923.83, reflecting a 25% increase[190]. - The net cash flow from investing activities was ¥201,709,132.59, a turnaround from a negative cash flow of ¥197,823,729.46 in the previous year[189]. - The total cash and cash equivalents at the end of the period reached ¥718,019,477.94, up from ¥529,902,758.60, representing a 35% increase[189]. Investments and R&D - The company's R&D investment rose by 13.89% to RMB 61.65 million, driven by increased investment in new product molds and R&D personnel salaries[41]. - The total investment amount for the reporting period was ¥7,927,925.29, a decrease of 81.55% compared to ¥42,980,872.63 in the same period last year[61]. - The company has invested ¥7,927,925.29 in the self-built lithium-ion power and energy storage battery project, with a cumulative actual investment of ¥82,188,763.38[61]. - Research and development expenses for the first half of 2019 were CNY 61,653,396.77, an increase from CNY 54,134,067.71 in the same period last year[167]. Market and Competition - The company faces macroeconomic risks, including a slowdown in economic growth and potential impacts from industry policies, which may lead to increased competition and demand weakness[76]. - The company is exposed to exchange rate risks as its foreign sales market share increases, which could affect its financial performance[76]. - Fluctuations in raw material prices directly impact the company's operating costs, thereby affecting its overall performance[76]. - The company plans to enhance its focus on foreign exchange market trends to mitigate the impact of exchange rate fluctuations on its results[76]. - The company plans to launch electric bicycles and electric motorcycles in response to market demand[34]. Shareholder Information - The largest shareholder, Geely Technology Group Co., Ltd., holds 29.77% of the shares, amounting to 135,000,000 shares[126]. - The company underwent a change in its controlling shareholder to Geely Technology Group Co., Ltd. on June 27, 2019[130]. - As of June 30, 2019, the accounts receivable from Venezuela amounted to 33,352,508.72 USD (approximately 229,288,491.70 CNY), with a provision for bad debts of 33,185,720.72 USD (approximately 228,141,874.24 CNY)[112]. Compliance and Governance - The company has no significant litigation or arbitration matters reported during the period[86]. - The company did not engage in any major related party transactions during the reporting period[89]. - The company has established a wastewater treatment station with a processing capacity of 15 tons per hour, ensuring compliance with discharge standards[110]. - The company has no violations regarding external guarantees during the reporting period[104].
钱江摩托(000913) - 2019 Q1 - 季度财报
2019-04-29 16:00
Financial Performance - The company's operating revenue for Q1 2019 was ¥894,626,500.96, representing a 15.25% increase compared to ¥776,236,174.92 in the same period last year[9] - Net profit attributable to shareholders decreased by 30.83% to ¥14,041,484.60 from ¥20,300,908.54 year-on-year[9] - The net profit after deducting non-recurring gains and losses dropped by 85.10% to ¥2,424,692.48 compared to ¥16,275,150.64 in the previous year[9] - Basic and diluted earnings per share both decreased by 25.00% to ¥0.03 from ¥0.04 year-on-year[9] - The weighted average return on equity was 0.56%, down from 0.82% in the previous year, a decrease of 0.26%[9] - Total operating revenue for Q1 2019 was CNY 894,626,500.96, an increase of 15.2% compared to CNY 776,236,174.92 in the same period last year[60] - Total operating costs for Q1 2019 were CNY 903,969,502.98, up 18.2% from CNY 764,969,104.42 in Q1 2018[60] - The company's operating revenue for the current period reached ¥568,895,893.83, a significant increase of 68.8% compared to ¥336,927,134.02 in the previous period[68] - The net profit for the current period was ¥12,606,082.51, recovering from a net loss of ¥5,772,471.31 in the previous period[71] - The company reported a total comprehensive income of ¥12,606,082.51, contrasting with a loss of ¥4,519,466.44 in the previous period[73] Cash Flow and Liquidity - The net cash flow from operating activities significantly improved to ¥265,656,907.94, a 1,277.50% increase from -¥22,561,149.36 in the same period last year[9] - Cash and cash equivalents increased by 403,427,470.23 RMB, representing a growth of 170.31% due to increased cash receipts from sales[22] - The company reported a net increase in cash and cash equivalents of 295,701,782.55 RMB, a growth of 248.18% resulting from the net effects of operating, investing, and financing activities[22] - Operating cash inflow for the current period reached ¥997,730,264.19, a significant increase from ¥686,742,421.72 in the previous period, reflecting a growth of approximately 45.2%[78] - The company reported a net increase in cash and cash equivalents of ¥414,847,743.62, compared to ¥119,145,961.07 in the previous period, marking a substantial improvement[81] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,321,285,170.81, a decrease of 1.03% from ¥4,366,427,556.28 at the end of the previous year[9] - The total current assets reached ¥2,666,821,108.56, compared to ¥2,613,425,688.25 in the previous year[43] - The total liabilities as of March 31, 2019, were ¥1,806,142,225.93, down from ¥1,850,170,430.07 at the end of 2018[46] - Total liabilities decreased to CNY 1,471,268,418.07 from CNY 1,484,223,454.35, a reduction of 0.9%[56] - The total equity attributable to shareholders increased to ¥2,499,350,209.68 from ¥2,482,576,328.85, showing a growth of approximately 0.7%[49] - The total equity attributable to shareholders was CNY 2,482,576,328.85, a decrease of CNY 2,730,714.10 compared to the previous year[94] Investments and Subsidies - The company received government subsidies amounting to ¥10,795,176.23 during the reporting period[9] - The company received a special subsidy of 60 million RMB for the lithium-ion battery project, which is currently underway[25] - Investment income rose to 6,396,268.92 RMB, an increase of 118.11% due to higher profits from long-term equity investments[22] - The company reported an investment income of CNY 11,811,825.64, up from CNY 5,415,556.72, marking a significant increase of 118.4%[60] - The company recorded an investment income of ¥3,149,422.78, up from ¥511,369.60 in the previous period, indicating successful investment strategies[68] Inventory and Receivables - Inventory decreased by 272,024,982.41 RMB, a reduction of 23.28% due to sales of inventory in new energy vehicles[22] - The company's inventory decreased to ¥896,401,458.64 from ¥1,168,426,441.05 year-over-year, indicating a reduction of approximately 23.2%[40] - Accounts receivable from Venezuela amounted to 33,802,124.72 USD (approximately 227,606,606.80 RMB), with a provision for bad debts of 33,635,336.72 USD (approximately 226,483,539.80 RMB)[25] - Accounts receivable decreased to ¥669,766,631.86 from ¥796,855,772.39, reflecting a decline of about 16%[40] - Accounts receivable decreased to CNY 301,129,173.11 from CNY 331,658,303.74, indicating a reduction of 9.2%[50] Financial Management - Financial expenses decreased by 7,535,411.28 RMB, a reduction of 20.82% due to decreased foreign exchange losses[22] - The financial expenses significantly decreased to ¥4,022,311.95 from ¥46,924.97, showcasing improved financial management[68] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period, ensuring financial integrity[36] Research and Development - Research and development expenses increased to CNY 23,306,868.53, representing a rise of 16.4% from CNY 19,989,959.34 in the previous year[60] - Research and development expenses decreased to ¥2,758,537.17 from ¥4,179,165.01, reflecting a strategic focus on cost efficiency[68] Regulatory and Reporting Changes - The company implemented new financial instrument standards starting January 1, 2019, affecting the financial reporting[93] - The company has adopted new financial instrument standards effective January 1, 2019, impacting the reporting of financial data[99] - The first quarter report was not audited, which may affect the reliability of the financial data presented[102] - The company did not adjust prior period comparative data due to the new financial instrument standards[99]
钱江摩托(000913) - 2018 Q4 - 年度财报
2019-04-25 16:00
Financial Performance - The company's operating revenue for 2018 was ¥3,088,519,362.52, representing a 13.72% increase compared to ¥2,715,806,355.59 in 2017[24] - The net profit attributable to shareholders for 2018 was ¥63,357,883.08, a decrease of 23.43% from ¥82,743,691.24 in 2017[24] - The net profit after deducting non-recurring gains and losses was ¥36,202,050.87, down 43.55% from ¥64,132,803.98 in 2017[24] - The basic earnings per share for 2018 was ¥0.14, a decline of 22.22% from ¥0.18 in 2017[27] - The total revenue for 2018 reached ¥3,088,519,362.52, representing a year-on-year increase of 13.72% compared to ¥2,715,806,355.59 in 2017[65] - The company reported a total revenue of 1,156,784,534.22 CNY, with a year-on-year increase of 5.92%[119] Assets and Liabilities - The total assets at the end of 2018 were ¥4,366,427,556.28, an increase of 11.44% from ¥3,918,361,023.17 at the end of 2017[27] - The net assets attributable to shareholders at the end of 2018 were ¥2,482,576,328.85, a slight increase of 0.75% from ¥2,464,004,220.00 at the end of 2017[27] - Total liabilities increased to ¥1,272,744,211.19, a 29.15% rise driven by increased inventory purchases in the new energy sector[97] - The company reported a significant increase in tax payable, reaching ¥106,740,740.01, up 2.44% due to higher sales volumes[97] Cash Flow - The net cash flow from operating activities for 2018 was negative at ¥54,467,390.56, a significant decrease of 142.99% compared to ¥126,688,699.28 in 2017[24] - The company’s cash flow from operating activities showed a significant negative value of -155.60 million yuan in Q4 2018, indicating cash flow challenges[30] - Operating cash inflow rose by 19.88% to ¥3,015,292,581.92, primarily due to increased cash receipts from sales and export tax refunds[87] - Operating cash outflow increased by 28.52% to ¥3,069,759,972.48, mainly due to higher cash payments for purchased goods driven by increased production[88] Sales and Market Performance - The company sold 415,300 motorcycles in 2018, a growth of 3.74% year-on-year, with domestic sales of 213,900 units and international sales of 201,400 units, which increased by 13.37%[46] - The company’s international sales in the European market grew by 25.51% in 2018, marking a successful start to its "return to Europe" strategy[47] - The sales of large-displacement motorcycles (250cc and above) increased by approximately 25% in 2018, with nearly 40,000 units exported[47] - Domestic sales of motorcycles remained stable at 213,900 units, with large displacement models (over 250CC) increasing by approximately 10.71% to 21,200 units, and government vehicle sales surged by 149% to over 5,000 units[49] Research and Development - The company established new R&D centers in Europe and Southeast Asia, enhancing its product development capabilities, and completed the qualification review for electric motorcycles[56] - Research and development expenses rose by 41.62% to approximately $11.96 million, driven by increased investment in new product development[81] - R&D investment increased by 36.28% to ¥119,555,274.77 in 2018, with R&D personnel rising by 13.39% to 254[83] Subsidiaries and Investments - The subsidiary Zhejiang Meikeda Motorcycle Co., Ltd. generated a net profit of 82,240,926.76 yuan, contributing significantly to the company's overall profitability[116] - The subsidiary Zhejiang Yipeng Engine Parts Co., Ltd. reported a net profit of 73,565,331.77 yuan, further enhancing the company's financial performance[116] - The total assets of Zhejiang Meikeda Motorcycle Co., Ltd. amounted to 1,375,963,725.64 yuan[116] - The total assets of Zhejiang Yipeng Engine Parts Co., Ltd. were recorded at 1,083,667,662.28 yuan[116] Strategic Plans and Future Outlook - The company aims to achieve a sales target of 1 million units and 10 billion CNY in revenue over the next five years under the "Qianjiang 511 Strategy"[127] - The company plans to enhance its product structure by increasing the proportion of large-displacement models and developing electric vehicle categories[127] - The company is focusing on expanding its market presence in Southeast Asia and Africa while stabilizing its position in Europe[126] - The company is investing in advanced automated production lines to improve production capacity and quality control for large-displacement engines[127] Risks and Challenges - The company faces macroeconomic risks due to global economic slowdown and declining consumer spending, which may pressure market expansion and product sales[129] - Approximately half of the company's business relies on exports, making it vulnerable to changes in trade policies and geopolitical risks[129] - Rising raw material and labor costs significantly impact the company's operating performance, prompting a focus on lean production and automation to mitigate cost risks[129] Corporate Governance and Compliance - The company has not engaged in any major asset or equity sales during the reporting period[115] - The company did not utilize any raised funds during the reporting period[114] - The company has no penalties or rectifications during the reporting period[159] - The company has not implemented any employee incentive plans during the reporting period[161]
钱江摩托:关于举行投资者接待日活动的公告
2019-04-25 08:16
关于举行投资者接待日活动的公告 证券代码:000913 证券简称:钱江摩托 公告编号:2019 临-018 浙江钱江摩托股份有限公司 关于举行投资者接待日活动的公告 本公司及董事会全体成员保证信息披露内容真实、准确、完 整,没有虚假记载、误导性陈述或重大遗漏。 为进一步提高公司治理水平,加强投资者关系管理,增进公司与 广大投资者的沟通与交流,体现公司进一步服务投资者、回报投资者 的责任心,公司定于 2019 年 5 月 17 日下午举行投资者接待日活动。 现将有关事项公告如下: 1、活动时间:2019 年 5 月 17 日下午 15:00—16:00 2、活动地点:公司会议室 3、召开方式:现场召开 4、参加人员:公司董事长、总经理、董事会秘书、财务总监。 届时将针对经营情况、公司治理、下一步可持续发展等投资者关 心的问题与广大投资者进行现场交流和沟通,同时广泛听取投资者的 意见和建议。 为了更好的安排本次活动,请有意参与本次活动的投资者提前与 公司证券部工作人员预约,预约时间:2019 年 5 月 14 日上午 9 时至 11 时,下午 14 时至 17 时,预约电话:0576-86192111。 为了提高 ...
钱江摩托(000913) - 2018 Q3 - 季度财报
2018-10-30 16:00
Financial Performance - Operating revenue for the period reached CNY 709,676,580.84, representing a year-on-year growth of 15.84%[7] - Net profit attributable to shareholders surged by 1,346.53% to CNY 6,143,139.17 for the quarter[7] - Basic earnings per share for the quarter was CNY 0.01, a 900.00% increase compared to the same period last year[7] - Net profit for the period was CNY 67,790,433.91, up 32.8% from CNY 51,057,462.88 in the same period last year[53] - Total profit amounted to CNY 91,763,331.72, a rise of 42.0% compared to CNY 64,632,607.18 in the previous year[53] - The total comprehensive income for the period was CNY 6,869,327.70, down from CNY 133,757,498.09 in the same period last year[54] Cash Flow - Cash flow from operating activities for the year-to-date period was CNY 101,128,500.01, up 208.25%[7] - Cash flow from operating activities generated a net amount of CNY 101,128,500.01, significantly higher than CNY 32,807,446.71 in the previous period[58] - The net cash flow from operating activities was -726,493.14, a significant decrease compared to 180,240,715.85 in the previous period[63] - Total cash inflow from investment activities was 182,060,907.76, compared to 71,432,787.83 in the previous period, indicating a substantial increase[60] - The net cash flow from investment activities was -382,340,829.61, worsening from -81,379,272.56 in the previous period[60] - Cash inflow from financing activities totaled 440,500,000.00, up from 188,179,175.11 in the previous period[64] Assets and Liabilities - Total assets increased by 15.94% to CNY 4,543,050,995.92 compared to the end of the previous year[7] - Total current assets increased to ¥2,539,960,601.66 from ¥2,141,855,636.43, representing a growth of approximately 18.6%[36] - Total liabilities increased to ¥2,011,642,753.54 from ¥1,394,322,108.49, representing a rise of about 43.9%[38] - The company's equity attributable to shareholders rose to ¥2,476,596,482.75 from ¥2,464,004,220.00, a slight increase of approximately 0.5%[38] Research and Development - Research and development expenses rose by 65.26% to ¥96.32 million, reflecting increased investment in new product molds[16] - Research and development expenses increased significantly to ¥42,016,379.21, compared to ¥24,542,462.94, marking a growth of 71.00%[44] - The company experienced an increase in R&D expenses for the year-to-date period to ¥96,323,271.87, up from ¥58,286,462.39, a rise of 65.25%[51] Shareholder Information - The company reported a total of 15,989 common shareholders at the end of the reporting period[11] - Zhejiang Geely Holding Group Co., Ltd. held the largest share with 29.77%, amounting to 135,000,000 shares[11] Financial Management - The company has not reported any overdue or unrecoverable principal in entrusted financial management, indicating a stable financial position[25] - The company has not disclosed any significant or high-risk entrusted financial management situations during the reporting period[25] - The company has not experienced any significant impairment situations in entrusted financial management[25] Market and Operational Strategy - The company is focusing on expanding its market presence and enhancing product development strategies to drive future growth[39] - The company has not indicated any major changes in its operational strategies or market expansion plans during the reporting period[20] Investment Activities - The company has engaged in derivative investments, with a total initial investment of 39.78 million yuan and a net investment of 9.945 million yuan at the end of the reporting period[26] - The company reported an investment loss of CNY 13,775,229.16, contrasting with a profit of CNY 9,369,247.07 in the previous year[56] Other Financial Metrics - The company's gross profit margin was impacted by a 44.94% increase in operating costs, totaling ¥2.11 billion, due to the rise in revenue[16] - The company reported a significant asset impairment loss of ¥34,279,466.84, compared to a gain of -¥17,725,736.97 in the previous period[51]
钱江摩托(000913) - 2018 Q2 - 季度财报
2018-08-30 16:00
Financial Performance - The company's operating revenue for the first half of 2018 was CNY 1,910,554,919.06, representing a 53.20% increase compared to CNY 1,247,100,947.99 in the same period last year[18]. - The net profit attributable to shareholders was CNY 67,386,810.45, up 33.04% from CNY 50,651,660.95 year-on-year[18]. - The net profit after deducting non-recurring gains and losses was CNY 58,693,442.92, reflecting a 10.91% increase from CNY 52,920,629.22 in the previous year[18]. - The net cash flow from operating activities was CNY 102,600,362.18, a significant improvement from a negative CNY 48,835,912.16 in the same period last year, marking a 310.09% change[18]. - The company achieved a revenue of CNY 1.91 billion, representing a year-on-year growth of 53.20%[30]. - The net profit attributable to shareholders was CNY 67.39 million, up 33.04% year-on-year, while the net profit after deducting non-recurring items was CNY 58.69 million, reflecting a growth of 10.91%[30]. - The company reported a total revenue of 1,335,273,680 CNY for the first half of 2018, with a net profit of 598,054,668 CNY, indicating a significant performance in the motorcycle sector[57]. - The company reported a total of 28,654,741.25 CNY in capital contributions from shareholders during the period[145]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 4,600,269,851.66, an increase of 17.40% from CNY 3,918,361,023.17 at the end of the previous year[18]. - The company's net assets attributable to shareholders were CNY 2,484,608,484.44, a slight increase of 0.84% from CNY 2,464,004,220.00 at the end of the previous year[18]. - Total liabilities increased to RMB 2,056,837,437.11 from RMB 1,394,322,108.49, reflecting a growth of approximately 47.5%[117]. - The total liabilities at the end of the period were 1,151,604,000.00 CNY, reflecting a stable financial position[146]. Sales and Market Performance - Domestic sales revenue reached CNY 1.15 billion, accounting for approximately 60% of total revenue, with a year-on-year increase of 65.94%[30]. - Export sales revenue was CNY 760 million, making up about 40% of total revenue, with a year-on-year growth of 44.90%[30]. - The company sold 222,300 two-wheeled motorcycles in the first half of the year, marking an 8.15% increase year-on-year, with domestic sales declining by 4.37%[30]. - The proportion of large-displacement motorcycles is gradually increasing, with a market shift towards international markets[26]. Research and Development - Research and development expenses increased by 60.94% to CNY 54.31 million, driven by new product mold investments[34]. - The company plans to enhance its research and development efforts to improve product technology and reduce costs through lean production methods[59]. Investment and Financing - The company reported a significant increase in investment amounting to ¥42,980,872.63, reflecting a 1,784.92% increase compared to the previous year[47]. - The company’s investment management subsidiary reported a revenue of 360,532,503 CNY, contributing to the overall financial performance[57]. - The company engaged in derivative investments with a total initial investment of 39,780,000 CNY, and the end investment amount was 19,890,000 CNY, representing 8.01% of the company's net assets[51]. Cash Flow and Financial Position - The company's cash flow from operating activities improved significantly, reaching CNY 102.60 million, compared to a negative cash flow of CNY 48.84 million in the previous year[34]. - The company’s cash and cash equivalents increased to ¥574,876,783.60, representing 12.50% of total assets, attributed to higher net cash flow from operating and financing activities[42]. - The company’s management expenses decreased significantly to ¥33,245,078.37 from ¥55,962,638.40 in the previous period, indicating improved cost management[128]. Risks and Challenges - The company is facing risks including macroeconomic downturns, exchange rate fluctuations, and raw material price volatility, which could impact future performance[58]. - The company is committed to monitoring foreign exchange market trends to mitigate the impact of currency fluctuations on its operations[59]. Compliance and Governance - The company has not reported any major litigation or regulatory penalties during the reporting period, indicating stable operational compliance[68]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that financial statements accurately reflect its financial position and operating results[154]. Shareholder Information - Zhejiang Qianjiang Motorcycle Co., Ltd. reported a total of 453,536,000 shares outstanding, with 100% being unrestricted shares[96]. - The company has a total of 13,838 common shareholders as of the end of the reporting period[99]. - Zhejiang Geely Holding Group Co., Ltd. holds 29.77% of the shares, amounting to 135,000,000 shares[99]. Environmental and Social Responsibility - The company has established a wastewater treatment station with a treatment capacity of 15 tons per hour, ensuring compliance with discharge standards[86]. - There were no significant environmental issues reported during the period[84]. - The company has not engaged in any poverty alleviation work during the reporting period and has no subsequent plans[87].