南京红宝丽股份有限公司 2015 年第一季度报告正文 证券代码：002165 证券简称：红 宝 丽 公告编号：2015-02 南京红宝丽股份有限公司 2015 年第一季度报告正文 1 南京红宝丽股份有限公司 2015 年第一季度报告正文 第一节 重要提示 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人芮敬功、主管会计工作负责人陈三定及会计机构负责人(会计主 管人员)陈洪明声明：保证季度报告中财务报表的真实、准确、完整。 2 南京红宝丽股份有限公司 2015 年第一季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 472,487,848.42 | 485,082,815.99 | -2.60% | | 归 ...

南京红宝丽股份有限公司 2014 年第三季度报告正文 证券代码：002165 证券简称：红 宝 丽 公告编号：2014-04 南京红宝丽股份有限公司 2014 年第三季度报告正文 2014 年 10 月 第一节 重要提示 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。 1 南京红宝丽股份有限公司 2014 年第三季度报告正文 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 1,841,703,899.72 | 1,834,017,287.51 | | 0.42% | | 归属于上市公司股东的净资产 | 1,015,471,715.61 | | 971,820,636.69 | 4.49% | | （元） | | | | | | | 本报告期 | 本报告期比上年同期 增减 | 年初至报告期末 | 年初至报告期末比上 年同期增减 | | 营业收入（元） | 540,576,629.35 ...

Financial Performance - The company's operating revenue for the first half of 2014 was ¥1,087,707,464.82, representing a 5.86% increase compared to ¥1,027,540,820.69 in the same period last year[20]. - Net profit attributable to shareholders reached ¥55,660,937.61, a significant increase of 732.08% from ¥6,689,409.17 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥54,752,234.89, up 1,111.06% from ¥4,521,000.26 year-on-year[20]. - Basic earnings per share increased to ¥0.10, reflecting a 900.00% rise compared to ¥0.01 in the same period last year[20]. - The company reported a net cash flow from operating activities of ¥127,618,245.31, down 18.03% from ¥155,693,880.79 in the previous year[20]. - The weighted average return on net assets increased by 4.88 percentage points to 5.56% compared to 0.68% in the previous year[20]. - The company plans to achieve a net profit attributable to shareholders of CNY 75 million to CNY 82 million for the first nine months of 2014, indicating a growth of 100% to 120% compared to the same period in 2013[56]. - The main products, including rigid polyurethane and isopropanol amine, have maintained stable operations, contributing to improved financial performance[56]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,898,366,505.65, a 3.51% increase from ¥1,834,017,287.51 at the end of the previous year[20]. - The net assets attributable to shareholders were ¥989,348,506.54, up 1.80% from ¥971,820,636.69 at the end of the previous year[20]. - Total liabilities rose to CNY 887,390,423.30 from CNY 840,171,276.08, marking an increase of approximately 5.6%[109]. - Shareholders' equity increased to CNY 1,010,976,082.35 from CNY 993,846,011.43, representing a growth of about 1.7%[109]. Market and Business Development - The overall economic environment remains stable, with GDP growth at 7.4% and a 12.1% increase in retail sales, providing a favorable operating environment for manufacturing companies[26]. - The company is actively expanding both international and domestic markets, focusing on personalized services and technical innovation[27]. - The company is seeking collaboration with well-known real estate companies to enhance brand recognition and product sales in the second half of the year[27]. - The company is making reasonable arrangements for the production and operation of EVA encapsulation film in response to changes in the solar photovoltaic industry[27]. - The company plans to expand its isopropanol amine production capacity from 40,000 tons to 90,000 tons by adding a 50,000-ton technical renovation project[36]. Research and Development - The company has reduced research and development investment by 42.62% to CNY 11.33 million, aligning with planned expenditures[31]. - The company has accumulated 31 authorized invention patents and 5 utility model patents as of June 2014, with 1 invention patent granted in the first half of the year[38]. Shareholder and Capital Management - The company plans not to distribute cash dividends or issue bonus shares for this period[5]. - The company distributed a cash dividend of RMB 0.60 per 10 shares, totaling RMB 32,629,943.28 (including tax) based on a total share capital of 543,832,388 shares[58]. - The total share capital was reduced to 541,412,648 shares after repurchasing and canceling 2,419,740 shares of restricted stock[58]. - The company has established a three-year shareholder return plan (2014-2016) to enhance governance and protect shareholder interests[63]. Related Party Transactions - The company reported a total of 175.01 million yuan in related party transactions, accounting for 100% of similar transactions[69]. - There were no significant litigation or arbitration matters during the reporting period[65]. Financial Reporting and Compliance - The company’s half-year financial report was not audited[105]. - The financial statements are prepared based on the going concern principle and comply with the accounting standards issued by the Ministry of Finance[145][146]. Investment and Capital Expenditures - The company has committed to an investment project for 60,000 tons of environmentally friendly polyurethane, with a total investment of CNY 23,254.46 million, of which CNY 13,885.9 million has been invested, representing 59.72% of the planned investment progress[47]. - The company has invested CNY 860.89 million in non-raised fund projects, with a project progress of 35.60% for the annual production of 15 million square meters of polyurethane insulation boards[55]. Operational Efficiency - The company has implemented cost control measures to enhance operational efficiency, which has positively impacted profitability[56]. - Future guidance indicates a focus on improving operational efficiency and increasing revenue through strategic initiatives[110].

Financial Performance - The company's operating revenue for the first half of 2014 was ¥1,087,707,464.82, representing a 5.86% increase compared to ¥1,027,540,820.69 in the same period last year[20]. - The net profit attributable to shareholders was ¥55,660,937.61, a significant increase of 732.08% from ¥6,689,409.17 in the previous year[20]. - The net profit after deducting non-recurring gains and losses reached ¥54,752,234.89, up 1,111.06% from ¥4,521,000.26 year-on-year[20]. - The basic earnings per share rose to ¥0.10, marking a 900.00% increase from ¥0.01 in the same period last year[20]. - The total assets at the end of the reporting period were ¥1,898,366,505.65, reflecting a 3.51% increase from ¥1,834,017,287.51 at the end of the previous year[20]. - The net assets attributable to shareholders increased by 1.80% to ¥989,348,506.54 from ¥971,820,636.69 at the end of the previous year[20]. - The net cash flow from operating activities was ¥127,618,245.31, down 18.03% from ¥155,693,880.79 in the same period last year[20]. - The weighted average return on net assets improved to 5.56%, an increase of 4.88 percentage points from 0.68% in the previous year[20]. Revenue Sources - The main business revenue reached ¥106,539.59 million, up 5.21% compared to the same period last year[33]. - Sales revenue from rigid polyurethane composite polyether increased by 3.95% to ¥75,785.56 million[29]. - Sales revenue from isopropanol amine grew by 14.07% to ¥29,800.26 million, with one product line increasing by 29%[29]. Market and Expansion - The company is focusing on international and domestic market expansion, particularly in the refrigeration and construction insulation sectors[27]. - The company is actively seeking partnerships with well-known real estate companies to enhance brand recognition and product sales in the second half of the year[27]. - The company has established strategic partnerships with well-known refrigerator manufacturers such as Hisense, Midea, and LG, enhancing its brand influence internationally[39]. Production Capacity and Projects - The company has an annual production capacity of 150,000 tons for rigid foam polyether, making it the largest supplier in China and one of the largest in the world[36]. - The company plans to expand its isopropanol amine production capacity from 40,000 tons to 90,000 tons through a technical renovation project[36]. - The company has established a production capacity of 7.5 million square meters for high flame-retardant insulation boards, with an additional project of 750,000 square meters planned[36]. - The company is advancing projects including a 15 million square meter high flame-retardant insulation board and a 30,000 tons/year special polyether technical transformation project[28]. Financial Management - The company reported a significant increase in sales expenses by 105.46% due to direct shipping costs[31]. - The company is focusing on cost control and efficiency improvement to enhance operational performance, especially after the previous year's asset impairment due to a fraudulent bill incident[56]. - The company has not reported any changes in the use of raised funds during the reporting period[48]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[5]. - The company distributed a cash dividend of RMB 0.60 per 10 shares, totaling RMB 32,629,943.28 (including tax) for the fiscal year 2013[58]. - The total share capital was reduced from 543,832,388 shares to 541,412,648 shares after repurchasing and canceling 2,419,740 shares of restricted stock[58]. - The company has implemented a stock incentive plan, granting 7,370,700 restricted stocks, with 241,974 shares canceled due to non-fulfillment of unlocking conditions[67][68]. Compliance and Governance - The company has maintained compliance with corporate governance regulations and has improved its internal control systems[64]. - The company established a three-year shareholder return plan (2014-2016) to enhance governance and protect stakeholder interests[63]. - There were no major litigation or arbitration matters during the reporting period[65]. Related Party Transactions - The company reported a total of 175.01 million yuan in related party transactions, accounting for 100% of similar transactions[69]. - There were no asset acquisitions or sales related party transactions during the reporting period[70]. - The company did not engage in any joint external investment related party transactions during the reporting period[71]. Financial Position - Total current assets increased to ¥1,069,303,575.58 from ¥998,699,138.23, representing a growth of approximately 7.3%[107]. - Total liabilities increased to ¥887,390,423.30 from ¥840,171,276.08, indicating a rise of approximately 5.6%[109]. - Total equity rose to ¥1,010,976,082.35 from ¥993,846,011.43, showing an increase of about 1.3%[109]. - The company's cash and cash equivalents decreased to ¥164,436,684.19 from ¥173,565,391.58, a decline of approximately 5.9%[107]. Investment and Assets - The company has invested 5 million yuan in external equity investments during the reporting period, compared to zero in the same period last year[41]. - The company has committed to an investment project for 60,000 tons of environmentally friendly polyurethane, with a total investment of CNY 23,254.46 million, of which CNY 13,885.9 million has been invested, representing 59.72% of the planned investment progress[47]. - The company recognized an asset impairment provision of 41.01 million RMB related to a fraudulent invoice incident, with a total estimated receivable of 48.01 million RMB[86]. Accounting and Financial Reporting - The financial statements are prepared based on the going concern principle and comply with the accounting standards issued by the Ministry of Finance[145][146]. - The company’s financial statements reflect its financial position, operating results, and cash flows accurately and completely[146]. - The company employs a perpetual inventory system for stock management, ensuring accurate tracking of inventory levels[174].

Financial Performance - In 2013, the company's operating income was CNY 1,916,168,836.14, representing a 15.78% increase compared to CNY 1,654,939,856.88 in 2012[23] - The net profit attributable to shareholders decreased by 49.37% to CNY 39,700,268.14 from CNY 78,408,733.30 in the previous year[23] - The net cash flow from operating activities fell by 50.78% to CNY 105,509,472.23, down from CNY 214,348,235.18 in 2012[23] - Basic earnings per share dropped by 53.33% to CNY 0.07, compared to CNY 0.15 in 2012[23] - The company reported a significant decline in the return on equity, with a weighted average net asset return rate of 4.08%, down 4.33 percentage points from 8.41% in 2012[23] - The company's main business revenue reached 1,878.41 million yuan, an increase of 14.71% compared to the previous year[40] - The company's main business cost was 1,538.41 million yuan, an increase of 14.07% year-on-year[45] - The company's total assets at the end of 2013 were CNY 1,834,017,287.51, a 4.1% increase from CNY 1,761,702,837.68 at the end of 2012[23] Dividend Policy - The company plans to distribute a cash dividend of CNY 0.60 per 10 shares to all shareholders[5] - The company proposed a cash dividend of 0.60 yuan per share for the year 2013, totaling 32,629,943.28 yuan (including tax), with a distribution ratio of 82.19% of the net profit attributable to shareholders[174] - In 2012, the company distributed a cash dividend of 0.80 yuan per share, amounting to 43,517,855.04 yuan (including tax), which represented 55.5% of the net profit attributable to shareholders[174] - For the year 2011, the cash dividend was 1.00 yuan per share, totaling 26,823,084.40 yuan (including tax), accounting for 34.98% of the net profit attributable to shareholders[174] - The company has a stable dividend policy, ensuring that cash dividends constitute at least 20% of the profit distribution during its growth phase[176] Research and Development - The company’s research and development investment increased by 14.28% to 66.33 million yuan, with new patents applied and granted during the year[35] - The company completed 16 out of 18 research projects aimed at maintaining technological leadership[55] - The company has established partnerships with several research institutions to maintain its technological advantage[73] - The company is committed to innovation and aims to become a leading research and production center for isopropanolamine products globally[144] Market Performance - The company achieved operating revenue of 1,916.17 million yuan, a year-on-year increase of 15.78%[32] - The sales volume of rigid polyurethane composite polyether and isopropanol amine products increased by 13.7% and 32.9% respectively[39] - The company’s export revenue was 471.10 million yuan, representing a year-on-year growth of 22.28%[39] - The sales volume of isopropanol amine increased by 32.9% year-on-year in 2013, with export volume rising by 21.4%[100] - The overall export value of the company's products was 471.10 million yuan, representing a year-on-year increase of 22.28%[103] Production Capacity - The company’s annual production capacity of rigid polyurethane composite polyether reached 150,000 tons, making it one of the largest producers in the world[37] - The company completed the construction of a new production line for high flame-retardant insulation boards, increasing annual production capacity to 7.5 million square meters[39] - The company has a production capacity of 40,000 tons for isopropanolamine, ranking first in the world, and has developed several patented technologies[124] - The company is investing in a 50,000 tons/year isopropanolamine series product upgrade project, which will increase production capacity to 90,000 tons annually[125] Challenges and Risks - The company faced a significant loss due to a false invoice incident, prompting a review and enhancement of business processes and internal controls[153] - The company anticipates raw material cost risks due to potential inflation and rising commodity prices as the economy stabilizes in 2014[154] - The company is exposed to exchange rate risks as international business increases, with a 3.09% appreciation of the RMB against the USD in 2013[155] - The company maintains a leading position in technology innovation, with multiple core technologies developed, but faces risks of technology leakage due to proprietary processes not protected by patents[156] Strategic Partnerships - The company has established strategic partnerships with well-known refrigerator manufacturers such as Hisense, Midea, and LG, enhancing its brand recognition and market presence[78] - The company is actively developing new technologies and products, including modified isopropanolamine, which serves as a new type of cement grinding aid[125] - The company has strengthened partnerships with domestic refrigerator manufacturers, including Hisense and Midea, and expanded relationships with international companies like LG and Samsung[99] Environmental and Regulatory Compliance - The company is positioned in industries encouraged by the government, contributing to resource-saving and environmentally friendly development[105] - The company’s high flame-retardant insulation materials have passed the B1 level fire safety standards, enhancing their market competitiveness[127] - The company has developed high flame-retardant polyurethane insulation boards with a production capacity of 7.5 million square meters per year, aiming to reach 15 million square meters with future production lines[134] Corporate Governance - The independent directors have expressed their agreement with the 2013 profit distribution plan, confirming adherence to the company's articles of association[176] - The company has maintained effective communication with minority shareholders regarding profit distribution policies and decisions[169] - The company has not faced any administrative penalties during the reporting period, indicating a stable operational environment[178]

Revenue and Profit - Revenue for Q1 2014 was approximately ¥485.08 million, a slight decrease of 0.04% compared to the same period last year[8] - Net profit attributable to shareholders was approximately ¥22.14 million, down 6.19% year-over-year[8] - The net profit attributable to shareholders for the first half of 2014 is expected to be between 50 million and 57 million CNY, representing a growth of 650% to 750% compared to the same period in 2013, which was approximately 6.69 million CNY[21] Cash Flow - Net cash flow from operating activities decreased significantly by 92.58% to approximately ¥6.88 million[8] - Financing activities generated a net cash flow of approximately ¥42.27 million, a significant improvement from the previous year's negative cash flow[17] Assets and Shareholders - Total assets increased by 5.27% to approximately ¥1.93 billion compared to the end of the previous year[8] - The number of shareholders at the end of the reporting period was 38,252[11] Expenses and Prepayments - Prepaid accounts increased by 112.40% to approximately ¥23.93 million, primarily due to increased prepayments for propylene oxide[17] - Sales expenses rose by 139.38% to approximately ¥20.59 million, attributed to changes in the accounting method for shipping costs[17] Return on Assets and Government Support - The weighted average return on net assets decreased to 2.25%, down from 2.5% in the previous year[8] - The company received government subsidies amounting to approximately ¥892,500 during the reporting period[9] Cost Management and Profit Increase - The company has implemented cost reduction and efficiency enhancement measures, alongside strengthening technological innovation and management to effectively control costs and achieve stable growth in operating performance[21] - The significant increase in profit is attributed to the absence of asset impairment provisions related to a fraudulent bill incident that impacted profits in the same period last year, where 62.45 million CNY was provisioned[21]