Financial Performance - The company's operating revenue for the first half of 2022 was ¥837,845,029.04, representing a 6.44% increase compared to ¥787,118,001.76 in the same period last year[20]. - The net profit attributable to shareholders decreased by 39.10% to ¥56,750,019.01 from ¥93,192,631.23 year-on-year[20]. - The net profit after deducting non-recurring gains and losses fell by 43.58% to ¥50,882,459.31 compared to ¥90,177,522.45 in the previous year[20]. - Basic earnings per share decreased by 40.00% to ¥0.03 from ¥0.05 year-on-year[20]. - Operating costs increased by 14.25% to ¥709,028,520.42 from ¥620,620,434.31, impacting overall profitability[37]. - The gross margin for the plastic packaging industry was reported at 15.37%, reflecting a decrease of 5.78% compared to the previous year[41]. - The total profit for the first half of 2022 was ¥68,108,935.72, a decline of 33.8% compared to ¥102,852,528.05 in the first half of 2021[121]. - The company's operating profit for the first half of 2022 was ¥67,343,230.02, a decrease of 34.5% from ¥102,813,692.52 in the first half of 2021[121]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 34.70% to ¥47,974,285.26 from ¥35,614,862.18 in the same period last year[20]. - The company reported a substantial increase in net cash and cash equivalents, rising by 215.60% to ¥92,473,210.42 from ¥29,300,614.86, mainly due to increased financing activities[37]. - The company's cash and cash equivalents increased to ¥1,041,725,140.77 as of June 30, 2022, up from ¥943,831,930.35 at the beginning of the year, representing an increase of approximately 10.4%[112]. - The company reported a net cash inflow from financing activities of ¥46,642,859.21, a significant improvement from a net outflow of ¥1,666,896.89 in the first half of 2021[128]. - The company's cash flow from operating activities was positively impacted by an increase in sales revenue, with cash received from sales reaching ¥759,342,099.54, up from ¥732,821,123.33 in the previous year[126]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,979,872,847.76, a 0.62% increase from ¥2,961,545,794.85 at the end of the previous year[20]. - The total current assets amounted to ¥1,568,198,621.90, an increase from ¥1,494,610,261.03, representing a growth of approximately 4.9%[112]. - Current liabilities totaled CNY 214,181,075.74, down 14.4% from CNY 249,910,855.14 at the start of the year[114]. - The company's fixed assets decreased from CNY 1,392,048,083.95 at the beginning of the year to CNY 1,336,665,968.50 by June 30, 2022, reflecting a decline of approximately 4%[113]. Research and Development - The company is focusing on high-end new materials, increasing R&D investment, and expanding differentiated product output to enhance market competitiveness[33]. - Research and development expenses decreased by 8.47% to ¥29,897,481.48 from ¥32,665,584.50, indicating a potential reduction in innovation spending[37]. - The company has filed for 44 national patents, indicating a strong commitment to innovation and technology advancement[34]. Market and Competition - The company faces intensified market competition in the packaging materials industry, particularly in the polyester film sector, which may lead to a decline in net profit[54]. - The company is actively expanding its market presence and enhancing customer relationships to drive growth[33]. - Domestic sales (excluding Hong Kong and Taiwan) accounted for 93.92% of total revenue, increasing by 7.40% year-on-year[41]. Safety and Compliance - Safety production risks are present due to the nature of the company's operations involving high temperatures and automated equipment[55]. - The company emphasizes safety management and has established a safety committee to oversee safety protocols and reduce the likelihood of accidents[55]. - The company has not reported any significant environmental violations or penalties during the reporting period[64]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - Total ordinary shares held by shareholders at the end of the reporting period reached 85,756,000[98]. - The largest shareholder, Zhuji Water Affairs Group Co., Ltd., holds 27.91% of the shares, totaling 524,158,020 shares[99]. Legal Matters - The company faced a lawsuit involving a debt of CNY 22,999,142.87, with a ruling requiring the company to bear half of the compensation responsibility[76]. - The company reported a litigation amount of 2.14 million yuan due to false statements, requiring compensation to affected investors[77]. Financial Reporting - The semi-annual financial report has not been audited[72]. - The financial statements were prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring compliance and accuracy[150]. - The financial report was approved by the board of directors on August 23, 2022, ensuring governance and oversight[149].

Financial Performance - The company's operating revenue for 2021 was ¥1,673,681,589.09, representing a 10.91% increase compared to ¥1,509,076,837.25 in 2020[22]. - The net profit attributable to shareholders for 2021 was ¥243,263,795.22, a 37.49% increase from ¥176,937,119.86 in 2020[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥236,352,218.41, up 37.42% from ¥171,987,295.57 in 2020[22]. - Basic earnings per share for 2021 increased by 44.44% to ¥0.13 from ¥0.09 in 2020[22]. - The diluted earnings per share increased by 44.44% to CNY 0.13 from CNY 0.09 in the previous year[23]. - The weighted average return on equity rose to 9.63%, up from 7.64% in the previous year, an increase of 1.99%[23]. - Total assets at the end of 2021 were CNY 2,961,545,794.85, representing a 9.06% increase from CNY 2,715,614,830.53 at the end of 2020[23]. - Net assets attributable to shareholders increased by 10.11% to CNY 2,648,331,061.01 from CNY 2,405,067,265.79 in the previous year[23]. - The company reported a net profit attributable to shareholders of CNY 88,306,107.55 in Q4 2021, a significant increase compared to previous quarters[26]. - The company achieved operating revenue of CNY 1,673.68 million, a year-on-year increase of 10.91%[47]. Cash Flow and Financial Position - The net cash flow from operating activities decreased by 45.50% to ¥179,584,641.75 from ¥329,522,138.38 in 2020[22]. - Operating cash inflow decreased by 2.20% to ¥1,484,781,243.02, while cash outflow increased by 9.80% to ¥1,305,196,601.27, resulting in a net cash flow of ¥179,584,641.75, down 45.50% year-on-year[69]. - Investment cash inflow dropped significantly by 99.90% to ¥90,217.88, primarily due to the absence of cash recovery from investments compared to the previous year[71]. - Financing cash inflow rose by 15.97% to ¥257,850,761.98, with net cash flow from financing activities increasing by 84.74% to ¥52,060,647.83[70]. - Cash and cash equivalents increased by ¥220,607,981.49, but the net increase decreased by 48.10% compared to the previous year[71]. - Total assets at the end of 2021 amounted to ¥943,831,930.35, with cash and cash equivalents accounting for 31.87% of total assets, up from 26.62% at the beginning of the year[72]. - Inventory increased by 35.43% to ¥226,882,943.89, attributed to year-end raw material stocking[72]. - Short-term borrowings rose by 39.83% to ¥41,512,401.20, reflecting increased financing needs[73]. - The company reported a significant increase in accounts receivable, which rose to ¥95,238,373.30, representing 3.22% of total assets[72]. Business Strategy and Market Position - The company has shifted its main business focus from traditional plastic films to new materials, aligning with national strategic development plans[33]. - The high-function film industry is expected to grow at over 20% annually from 2021 to mid-2023, indicating strong market potential[33]. - The company is positioned in the new materials industry, which is expected to have a market scale of trillions in the future[38]. - The company aims to enhance its core competitiveness by focusing on high-tech research and development, production, and sales of films and new materials, emphasizing innovation and energy optimization[83]. - In 2022, the company plans to accelerate the development of differentiated products and improve market competitiveness, with a focus on technical innovation and quality supervision[84]. - The company is actively pursuing market expansion strategies, including potential mergers and acquisitions to strengthen its competitive position[99]. Research and Development - The company has developed a joint laboratory with the Chinese Academy of Sciences and Zhejiang University to enhance its R&D capabilities[40]. - Research and development expenses increased by 28.55% to ¥37,823,120.42 compared to the previous year[64]. - R&D investment increased by 28.55% to ¥37,823,120.51 in 2021, representing 2.26% of operating revenue, up from 1.95% in 2020[67]. - The company completed several new product development projects, including MLCC release polyester film and new matte high elongation polyester film, aimed at enhancing product competitiveness[65]. - The company successfully developed ultra-thin capacitor films with a thickness of 2.0 microns, meeting or exceeding national standards[66]. Risk Management - The company emphasizes the importance of risk awareness for investors regarding operational goals and performance commitments[6]. - The company has detailed potential risk factors affecting future development in the management discussion section[6]. - The company faces risks from intensified market competition, which may lead to decreased net profits and impact operational performance[86]. - Fluctuations in raw material prices due to global economic conditions and oil supply-demand changes pose a risk to the company's profitability and procurement strategies[86]. - The company emphasizes safety production management to mitigate risks associated with high-temperature production processes and automated equipment[87]. Corporate Governance - The company maintains a complete and independent operational structure, ensuring no interference from controlling shareholders in decision-making processes[92]. - The company has established a robust internal control system and governance structure, complying with relevant laws and regulations[90]. - The board of directors includes specialized committees such as the audit, nomination, compensation, and strategy committees to enhance decision-making[90]. - The company has a clear and independent business operation plan, with self-sufficient financial accounting and personnel management systems[92]. - The company emphasizes fair and timely information disclosure to protect the rights of all shareholders[91]. - The governance structure of the company aligns with legal and regulatory requirements, ensuring no significant discrepancies[91]. Shareholder Relations - The company conducted multiple investor communications, including a conference call on December 1, 2021, with participation from nine institutional investors discussing operational strategies and future plans[88]. - The annual shareholder meeting on May 20, 2021, had an investor participation rate of 28.02%[94]. - The first extraordinary shareholder meeting in 2021 was held on September 8, with a participation rate of 27.96%[94]. - The company has not reported any objections from directors regarding company matters during the reporting period[110]. Legal Matters - The company is involved in a lawsuit concerning a loan agreement amounting to 36 million yuan (approximately $5.5 million) with Ningbo Haodao Xinzhi Investment Partnership[144]. - The first-instance judgment ruled against the claims of Ningbo Haodao, stating that the guarantee was ineffective, but the company must bear 50% of the guarantee fault compensation responsibility[146]. - The total amount involved in the litigation is 41.97 million yuan (approximately $6.4 million), which has not formed a provision for liabilities[145]. - The company has actively pursued legal action to confirm the invalidity of the guarantee contract related to the loan of 24 million yuan (approximately $3.7 million)[148]. - The litigation process has been ongoing since 2018, with multiple appeals filed by both parties[146]. Employee Management - The total number of employees at the end of the reporting period was 722, with 102 in the parent company and 620 in major subsidiaries[117]. - The professional composition includes 406 production personnel, 29 sales personnel, 184 technical personnel, 19 financial personnel, and 84 administrative personnel[117]. - The company emphasizes the importance of employee training, establishing a systematic training framework focusing on new employee onboarding and skill enhancement[120]. - The company aims to provide competitive and fair compensation, including benefits such as social insurance and team activities to attract and retain talent[119]. Environmental and Social Responsibility - The company emphasizes social responsibility and aims to build trust with investors while pursuing harmonious development with society[130]. - The company has not conducted any poverty alleviation or rural revitalization work during the reporting year[133]. - There were no administrative penalties related to environmental issues during the reporting period, and the company is not classified as a key pollutant discharge unit[130].

Financial Performance - The company's operating revenue for Q1 2022 was ¥403,557,195.09, representing a 6.04% increase compared to ¥380,576,153.42 in the same period last year[3]. - Net profit attributable to shareholders decreased by 32.10% to ¥32,572,053.05 from ¥47,969,296.83 year-on-year[3]. - Total operating revenue for Q1 2022 was CNY 403,557,195.09, an increase of 6.0% compared to CNY 380,576,153.42 in the previous year[19]. - Net profit for Q1 2022 was CNY 32,572,053.05, a decrease of 32.1% from CNY 47,969,296.83 in Q1 2021[20]. - The total comprehensive income for the first quarter of 2022 was CNY 32,572,053.05, compared to CNY 47,969,296.83 in the same period last year, reflecting a decrease of approximately 32%[21]. - Basic and diluted earnings per share for the first quarter were both CNY 0.02, down from CNY 0.03 in the previous year, indicating a decline of 33.33%[21]. Cash Flow - The net cash flow from operating activities increased significantly by 404.90%, reaching ¥18,114,818.77, compared to a negative cash flow of ¥5,941,222.78 in the previous year[8]. - Cash flow from operating activities generated a net cash inflow of CNY 18,114,818.77, a significant recovery from a net outflow of CNY 5,941,222.78 in the same period last year[24]. - Total cash inflow from operating activities was CNY 387,953,664.40, compared to CNY 351,319,351.22 in the previous year, representing an increase of approximately 10.5%[24]. - Cash outflow for operating activities was CNY 369,838,845.63, slightly higher than CNY 357,260,574.00 in the previous year, showing an increase of about 3.5%[24]. - The net cash flow from investing activities was negative CNY 1,145,511.34, compared to negative CNY 1,493,959.52 in the same period last year, indicating an improvement[25]. - Cash flow from financing activities resulted in a net outflow of CNY 1,148,920.69, slightly better than the net outflow of CNY 1,444,657.53 in the previous year[25]. - The company received CNY 1,741,115.93 in tax refunds, significantly higher than CNY 329,191.18 received in the previous year, reflecting an increase of over 429%[24]. - The company reported a total of CNY 5,551,270.34 in cash inflows from financing activities, down from CNY 6,171,092.08 in the previous year, indicating a decrease of about 10%[25]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,980,081,231.19, a 0.63% increase from ¥2,961,545,794.85 at the end of the previous year[3]. - Total assets amounted to CNY 2,980,081,231.19, slightly up from CNY 2,961,545,794.85 at the start of the year[17]. - Total liabilities decreased to CNY 299,178,117.13 from CNY 313,214,733.84 at the beginning of the year, a reduction of 4.5%[17]. Research and Development - Research and development expenses rose by 40.75% compared to the same period last year, indicating increased investment in R&D[7]. - The company reported R&D expenses of CNY 14,750,857.08, an increase of 40.5% compared to CNY 10,480,371.33 in the previous year[20]. Profitability Metrics - The weighted average return on net assets decreased to 1.22% from 1.97% year-on-year, reflecting a decline in profitability[3]. - The company's gross profit margin for products decreased compared to the same period last year, contributing to the decline in net profit[7]. Retained Earnings and Accounts Receivable - The company’s retained earnings increased by 40.31% compared to the beginning of the year, driven by the increase in net profit[7]. - Accounts receivable increased by 30.26% compared to the beginning of the year, primarily due to extended payment terms for certain customers[7]. - Accounts receivable rose to CNY 124,052,791.44, up 30.3% from CNY 95,238,373.33 at the start of the year[15].

浙江大东南股份有限公司 2021 年第三季度报告 证券代码：002263 证券简称：大东南 公告编号：2021-030 浙江大东南股份有限公司 2021 年第三季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告 中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 468,832,366.86 | 13.56% | 1,255,950,368.62 | 17.21% ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥787,118,001.76, representing a 19.49% increase compared to ¥658,708,158.57 in the same period last year[21]. - The net profit attributable to shareholders of the listed company reached ¥93,192,631.23, a significant increase of 132.85% from ¥40,022,281.75 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was ¥90,177,522.45, up 164.71% from ¥34,066,305.53 year-on-year[21]. - The basic earnings per share increased to ¥0.05, reflecting a 150.00% growth compared to ¥0.02 in the same period last year[21]. - The company's operating revenue for the reporting period was ¥787,118,001.76, representing a year-on-year increase of 19.49% compared to ¥658,708,158.57 in the same period last year[41]. - The net profit for the reporting period reached ¥93,192,631.23, a significant increase of 132.85% from ¥40,022,281.75 in the previous year, primarily due to improved gross margins across all product lines[42]. - The total profit for the first half of 2021 was ¥102.85 million, compared to ¥48.94 million in the same period of 2020, marking a 109.5% increase[128]. - The net profit margin for the period was approximately 2.49%, indicating a slight decline from the previous year[145]. - The net profit margin for the current period is reported at 10.6%, showing an improvement from the previous period[150]. Assets and Liabilities - The total assets of the company at the end of the reporting period were ¥2,840,424,923.80, an increase of 4.60% from ¥2,715,614,830.53 at the end of the previous year[21]. - The net assets attributable to shareholders of the listed company rose to ¥2,498,259,897.02, marking a 3.87% increase from ¥2,405,067,265.79 at the end of the previous year[21]. - Total liabilities increased to CNY 342,165,026.78 from CNY 310,547,564.74, marking an increase of about 10.2%[120]. - The total liabilities at the end of the reporting period are 4,448.22 million yuan, reflecting a manageable debt level[150]. - The total owner's equity at the end of the reporting period is 2,347.25 million yuan, with a decrease of 485.31 million yuan compared to the previous period[150]. Cash Flow - The net cash flow from operating activities was ¥35,614,862.18, a decrease of 21.40% compared to ¥45,308,669.64 in the same period last year[21]. - The net cash flow from operating activities for the first half of 2021 was ¥35,614,862.18, a decrease of 21.3% compared to ¥45,308,669.64 in the same period of 2020[136]. - The cash outflow for purchasing goods and services was ¥596,896,958.56, an increase of 7.8% from ¥553,577,062.66 in the previous year[136]. - The net cash flow from investment activities was negative at -¥4,499,923.74, compared to a positive cash flow of ¥86,150,256.18 in the same period last year[137]. - The net cash flow from financing activities was -¥1,666,896.89, a decline from a positive cash flow of ¥267,291.73 in the previous year[137]. Research and Development - Research and development investment increased by 61.40% to ¥32,665,584.50, reflecting the company's commitment to enhancing optical film product development[41]. - Research and development expenditures have increased, reflecting the company's commitment to innovation and new product development[147]. Market and Production - The production and sales of specialty films accounted for 33.12% of total output, indicating a strong focus on differentiated products[30]. - The company’s CPP film production capacity is between 22,000 to 25,000 tons annually[31]. - BOPET film production capacity stands at 90,000 tons per year[31]. - The company’s BOPP capacitor film has an annual production capacity of 18,000 tons[32]. - The BOPP film (capacitor film) segment saw a revenue increase of 65.11%, driven by strong market demand and price increases due to supply chain disruptions in Europe and the United States[46]. - Revenue from sales to Hong Kong and Taiwan increased by 70.06%, attributed to higher sales of BOPP film in these regions[47]. - International sales revenue surged by 83.91%, also linked to the strong demand for BOPP film products[47]. Corporate Governance and Compliance - The company emphasizes social responsibility and aims for harmonious development with society while protecting the rights of investors, especially small and medium-sized investors[70]. - The company has established long-term strategic partnerships with customers, focusing on customer satisfaction as a key performance metric[70]. - There are no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[73]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[74]. - The company has no violations regarding external guarantees during the reporting period[75]. - The semi-annual financial report has not been audited[76]. - The company has not experienced any penalties or rectification during the reporting period[83]. - There were no significant related party transactions during the reporting period[84]. Legal and Regulatory Matters - The company is involved in significant litigation with a disputed amount of 36 million yuan, which is still unresolved[79]. - The company is currently involved in ongoing litigation related to guarantees provided by its former controlling shareholder[97]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 92,752[104]. - The largest shareholder, Zhuji Water Group Co., Ltd., holds 27.91% of the shares, totaling 524,158,020 shares[104]. - Shareholder Li Fuqiao reduced his holdings by 2,477,700 shares, now holding 16,421,370 shares, representing 0.87%[104]. - Shareholder Hu Zhaojun increased her holdings by 5,016,142 shares, now holding 13,144,342 shares, representing 0.70%[104]. Strategic Outlook - The company plans to enhance its capital structure through additional equity financing and strategic investments[147]. - The company aims to improve operational efficiency and reduce costs in the upcoming quarters[147]. - Future guidance indicates a cautious outlook due to market volatility and economic uncertainties[147]. - The company plans to expand its market presence and invest in new product development to drive future growth[150]. - The company aims to enhance its operational efficiency through strategic mergers and acquisitions in the upcoming quarters[150].

Financial Performance - The company's operating revenue for 2020 was ¥1,509,076,837.25, representing a decrease of 8.30% compared to ¥1,645,715,456.22 in 2019[18] - Net profit attributable to shareholders increased by 193.92% to ¥176,937,119.86 in 2020, up from ¥60,198,836.14 in 2019[18] - The net profit after deducting non-recurring gains and losses rose by 262.53% to ¥171,987,295.57, compared to ¥47,441,498.51 in the previous year[18] - The net cash flow from operating activities was ¥329,522,138.38, an increase of 60.18% from ¥205,721,315.25 in 2019[18] - Basic earnings per share increased by 200.00% to ¥0.09 in 2020, compared to ¥0.03 in 2019[18] - Total revenue for the year was 1,509,076,837.25 CNY, with a year-over-year increase of 15.6% compared to 2019[22] - Net profit attributable to shareholders for the year was 176,937,119.86 CNY, representing a significant increase of 45.2% from 2019[22] - The company reported a net cash flow from operating activities of 329,522,138.38 CNY for the year, up from 172,000,000 CNY in 2019[22] Assets and Liabilities - The total assets at the end of 2020 were ¥2,715,614,830.53, an increase of 8.29% from ¥2,507,794,048.52 at the end of 2019[19] - The net assets attributable to shareholders increased by 7.94% to ¥2,405,067,265.79 at the end of 2020, compared to ¥2,228,130,145.93 at the end of 2019[19] - Current liabilities rose to CNY 241,857,312.65, up from CNY 205,587,277.18, indicating an increase of about 17.6%[199] - Non-current liabilities totaled CNY 68,690,252.09, a decrease from CNY 74,076,625.41, reflecting a decline of approximately 7.3%[200] - The company's total liabilities reached CNY 310,547,564.74, compared to CNY 279,663,902.59, marking an increase of around 11.0%[200] - The equity attributable to shareholders increased to CNY 2,405,067,265.79 from CNY 2,228,130,145.93, showing a growth of approximately 8.0%[200] Production and Capacity - The annual production capacity for CPP film is between 22,000 to 25,000 tons, while BOPET film capacity is 90,000 tons[26] - The company has a production capacity of 18,000 tons for BOPP capacitor film and 50,000 tons for optical films[26] - The company has a production capacity utilization rate of 73.55% for CPP film and 82.97% for BOPET film[42] - BOPP film production reached 13,183 tons with revenue of $262,584,250, while BOPET film production was 74,673 tons generating $674,064,306, reflecting a year-on-year average price decline of 7.46% due to lower raw material costs[51] - Optical film production was 42,763 tons with revenue of $361,501,710, showing a year-on-year average price decline of 9.81% attributed to decreased raw material prices[51] - CPP film production totaled 16,182 tons with revenue of $154,419,286, experiencing a year-on-year average price decline of 6.84% due to lower raw material costs[51] Research and Development - The company focuses on R&D for new materials and technologies to enhance product offerings and market competitiveness[26] - The company has established a joint laboratory with the Chinese Academy of Sciences and Zhejiang University to enhance R&D capabilities in new materials[33] - The company holds 42 national patents, including invention and utility model patents, showcasing its innovation capabilities[30] - The company’s research and development projects are managed through a dedicated committee, with 10 internal projects initiated and 2 municipal technology transformation projects submitted[39] - Research and development expenses increased significantly by 200.53% to $29,422,348.34, primarily due to increased R&D spending by the subsidiary Hangzhou Gaoke[59] Market and Sales - The company’s CPP film exports grew by 62% year-on-year, indicating strong demand in overseas markets[40] - The revenue from BOPP film (capacitor film) increased by 8.29% to ¥262,584,250.90, accounting for 17.40% of total revenue[47] - The revenue from BOPET film decreased by 7.85% to ¥674,064,306.27, representing 44.67% of total revenue[47] - The company reported a 25.84% increase in revenue from international markets, totaling ¥79,011,547.29[47] - The company operates a direct sales model targeting various downstream customers, including printing and packaging manufacturers[28] Corporate Governance and Compliance - The company has established a complete governance structure in compliance with relevant laws and regulations, ensuring the protection of minority shareholders' rights[164] - The independent directors actively participated in governance and decision-making, providing valuable professional opinions on internal controls and risk management[172] - The audit committee held 4 meetings during the reporting period, reviewing key financial reports and ensuring compliance with auditing standards[174] - The company has implemented a robust internal control system to ensure compliance and protect stakeholder interests[165] - The company has maintained effective communication with stakeholders, balancing the interests of shareholders, employees, and the community[165] Risks and Challenges - The management emphasizes the uncertainty in achieving operational goals due to market conditions and management efforts[6] - The company is facing risks from domestic and international economic fluctuations, with challenges such as weak global recovery and ongoing trade tensions[83] - The company recognizes the need to adapt its business strategy in response to the oversupply in the plastic film industry and the impact of geopolitical tensions[82] Future Outlook - The company aims to develop at least 10 new products internally and secure 2 patents in 2021, focusing on technology innovation and extending the product industry chain[80] - The company plans to enhance its export business while also developing the domestic market, particularly in specialized films for pharmaceuticals and food[81] - The company is focusing on developing functional films, shifting competition from traditional films to high-margin products[76] - The demand for polypropylene films for capacitors is expected to triple by 2025, driven by the transition of capacitor manufacturers to automotive and industrial applications[76] - The optical film industry is experiencing growth due to increased demand in the liquid crystal display sector, with a focus on high-performance materials[78]

Financial Performance - The company's operating revenue for Q1 2021 was ¥380,576,153.42, representing a 37.39% increase compared to ¥277,014,239.95 in the same period last year[8] - Net profit attributable to shareholders reached ¥47,969,296.83, a significant increase of 583.93% from ¥7,013,800.56 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥46,268,976.02, up 796.89% from ¥5,158,829.35 in the previous year[8] - The company's basic earnings per share rose to ¥0.03, reflecting a 650.00% increase from ¥0.004 in the same period last year[8] - Total operating revenue for Q1 2021 reached ¥380,576,153.42, an increase of 37.4% compared to ¥277,014,239.95 in Q1 2020[35] - Total operating costs for Q1 2021 were ¥325,399,269.79, up 22.3% from ¥265,954,275.35 in the same period last year[36] - Net profit for Q1 2021 was ¥47,969,296.83, compared to ¥7,013,800.56 in Q1 2020, representing a significant increase[37] - The total comprehensive income for the period was ¥7,820,155.88, a notable rise from ¥987,676.13 in the prior year[42] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,780,094,347.11, a 2.37% increase from ¥2,715,614,830.53 at the end of the previous year[8] - As of March 31, 2021, the company's total assets amounted to 2.78 billion yuan, an increase from 2.72 billion yuan at the end of 2020[27][28] - The company's total assets as of March 31, 2021, amounted to ¥2,904,209,483.49, an increase from ¥2,872,373,399.93 at the end of 2020[33] - The company's total liabilities increased to approximately 327.1 million yuan from 310.5 million yuan at the end of 2020[29] - The total liabilities as of March 31, 2021, were ¥568,764,879.39, compared to ¥544,748,951.71 at the end of 2020, showing a slight increase[33] Cash Flow - Cash flow from operating activities showed a net outflow of ¥5,941,222.78, an improvement of 44.51% compared to a net outflow of ¥10,706,006.40 in the previous year[8] - The net cash flow from operating activities was negative at -¥5,941,222.78, an improvement from -¥10,706,006.40 in the previous period[45] - Cash and cash equivalents at the end of the period stood at ¥705,876,545.08, compared to ¥360,186,297.97 at the end of the previous period[46] - Operating cash inflow for the current period was $115.95 million, compared to $43.34 million in the previous period, representing a growth of 167%[48] - Net cash flow from operating activities was $11.35 million, up from $3.61 million, indicating a significant increase of 214%[48] - Cash inflow from investment activities totaled $99.40 million, compared to $24.37 million in the previous period, marking an increase of 308%[49] - Cash and cash equivalents at the end of the period reached $99.32 million, compared to $16.58 million at the end of the previous period, showing a growth of 499%[49] Accounts Receivable and Inventory - Accounts receivable increased by 32.25% compared to the beginning of the year, primarily due to increased sales[14] - Accounts receivable increased to approximately 103.1 million yuan, up from 77.9 million yuan at the end of 2020, indicating improved sales performance[27] - Inventory rose to approximately 201.5 million yuan, compared to 167.5 million yuan at the end of 2020, reflecting increased production or stockpiling[27] - Accounts receivable rose to ¥10,382,019.73, up from ¥7,997,227.72, indicating a growth of 30.0%[32] - Inventory levels increased to ¥43,326,018.64 from ¥28,497,484.35, representing a growth of 52.1%[32] Research and Development - Research and development expenses rose by 47.72% year-on-year, indicating increased investment in research[14] - Research and development expenses were not specified, indicating potential areas for future investment and growth[40] Corporate Developments - The company received the "High-tech Enterprise Certificate" from relevant authorities, allowing it to enjoy a corporate income tax rate of 15% for three years[15] - The company reported a 100% reduction in asset impairment losses, as there were no provisions for inventory depreciation during the period[14] - The company disclosed the use of up to 500 million yuan of its own funds to purchase financial products to improve capital efficiency and increase returns, with individual investment periods not exceeding 12 months[15] Financial Reporting - The financial report for the first quarter was not audited, which may affect the reliability of the reported figures[50] - The company implemented new leasing standards starting in 2021, but this did not apply to the current financial report[50] - The company did not engage in any significant external guarantees or financial trust during the reporting period[21][22] - There were no overdue commitments from major shareholders or related parties during the reporting period[21][22] - The company reported no significant changes in its financial investments or derivative investments during the reporting period[18][19]

浙江大东南股份有限公司 2020 年第三季度报告全文 浙江大东南股份有限公司 2020 年第三季度报告 2020 年 10 月 1 浙江大东南股份有限公司 2020 年第三季度报告全文 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。 公司负责人骆平、主管会计工作负责人钟民均及会计机构负责人(会计主管 人员)许海芳声明：保证季度报告中财务报表的真实、准确、完整。 2 公司是否需追溯调整或重述以前年度会计数据 □ 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） | 2,621,679,398.08 | | 2,507,794,048.52 | 4.54% | | 归属于上市公司股东的净资产 （元） | 2,298,456,735.89 | | 2,228,130,145.93 | 3.16% | | | ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥658,708,158.57, a decrease of 15.05% compared to the same period last year[16]. - The net profit attributable to shareholders of the listed company reached ¥40,022,281.75, an increase of 685.01% year-on-year[16]. - The net profit after deducting non-recurring gains and losses was ¥34,066,305.53, up 1,081.66% from the previous year[16]. - The total operating revenue for the first half of 2020 was CNY 658.71 million, a decrease of 15.05% year-on-year[29]. - The net profit attributable to shareholders was CNY 40.02 million, an increase of 685.01% compared to the same period last year[29]. - The total operating profit for the first half of 2020 was CNY 2,325,451.79, a significant recovery from a loss of CNY 21,264,859.03 in the same period of 2019[125]. - The net profit for the first half of 2020 was CNY 2,599,181.92, contrasting with a net loss of CNY 21,264,859.03 in the first half of 2019, marking a turnaround in profitability[125]. - The total comprehensive income for the first half of 2020 was CNY 2,599,181.92, compared to a total comprehensive loss of CNY 21,264,859.03 in the first half of 2019[126]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥45,308,669.64, down 12.52% compared to the same period last year[16]. - Cash and cash equivalents increased by 307.26% to CNY 131.83 million, primarily due to the conversion of financial assets into cash[34]. - The company's cash and cash equivalents decreased by 10.14% to CNY 429,164,804.2, accounting for 16.70% of total assets[42]. - The cash flow from operating activities generated a net amount of CNY 45,308,669.64 in the first half of 2020, down from CNY 51,793,067.39 in the same period of 2019[129]. - The total cash inflow from financing activities was 355,001,393.78 CNY, while the cash outflow was 384,233,763.55 CNY, resulting in a net cash flow of -839,364.15 CNY[134]. - The ending balance of cash and cash equivalents was 20,190,214.33 CNY, up from 4,706,587.90 CNY at the end of the previous period[134]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,569,508,056.55, an increase of 2.46% from the end of the previous year[16]. - The company's total liabilities were CNY 301,355,628.87, compared to CNY 279,663,902.59 at the end of 2019, reflecting an increase of approximately 7.7%[113]. - The total equity attributable to the parent company was CNY 2,268,152,427.68, up from CNY 2,228,130,145.93, showing an increase of about 1.8%[114]. - The company's current assets totaled CNY 908,519,073.75, up from CNY 772,833,359.39 at the end of 2019, indicating a growth of approximately 17.5%[112]. - The company's inventory increased to CNY 213,551,354.33 from CNY 154,173,469.53, marking a growth of approximately 38.5%[111]. Research and Development - The company's R&D investment increased by 88.97% to CNY 20.24 million, focusing on optical film product development[34]. - Research and development expenses increased to CNY 20.24 million in the first half of 2020, up 88.59% from CNY 10.71 million in the first half of 2019[119]. Market and Competition - The company faces risks including macroeconomic changes, intensified market competition, and fluctuations in raw material prices[4]. - Domestic sales accounted for 95.49% of total revenue, with a year-on-year decrease of 15.45%[37]. - The production of differentiated products accounted for 15.05% of total output, with significant market expansion efforts in specialized films[30]. Legal and Compliance Issues - The company is involved in a significant lawsuit with a claim amount of CNY 35 million, which was dismissed by the court[62]. - The company is currently facing a loan dispute involving CNY 36 million, with the case still pending in court[63]. - The company has been involved in multiple legal disputes regarding guarantee contracts, impacting its financial obligations[62]. - The company reported a total of CNY 14,902,222.89 in claims related to guarantee disputes[62]. - The company is actively managing its legal risks associated with financial guarantees and loans[63]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 78,818[94]. - The largest shareholder, Zhuji Water Affairs Group Co., Ltd., holds 27.91% of the shares, totaling 524,158,020 shares[94]. Corporate Governance - The company has not engaged in any significant related party transactions during the reporting period[71]. - There were no penalties or rectifications reported during the reporting period[68]. - The company did not implement any employee stock ownership plans or incentive measures during the reporting period[69]. Future Outlook - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[119]. - The future outlook remains cautiously optimistic, with a focus on leveraging new technologies and improving user engagement[141].

Financial Performance - The company's revenue for Q1 2020 was ¥277,014,239.95, a decrease of 25.02% compared to ¥369,437,552.24 in the same period last year[7] - Net profit attributable to shareholders was ¥7,013,800.56, an increase of 257.60% from a loss of ¥4,450,324.64 in the previous year[7] - Basic earnings per share increased to ¥0.004, up 268.83% from -¥0.002 in the previous year[7] - Total operating revenue for Q1 2020 was CNY 277,014,239.95, a decrease from CNY 369,437,552.24 in the previous period[37] - Net profit for Q1 2020 reached CNY 7,013,800.56, compared to a net loss of CNY 4,450,324.64 in the same period last year[39] - Earnings per share for Q1 2020 were CNY 0.004, improving from a loss of CNY 0.002 per share in the previous year[40] - The total comprehensive income for the first quarter was CNY 987,676.13, compared to a total loss of CNY 10,787,046.26 in the same period last year[44] Cash Flow and Liquidity - The net cash flow from operating activities was -¥10,706,006.40, a decline of 138.30% compared to ¥27,955,747.74 in the same period last year[7] - As of March 31, 2020, the company's cash and cash equivalents increased to ¥373,585,796.14 from ¥298,830,045.43 as of December 31, 2019, representing a growth of approximately 25.0%[28] - Cash inflow from operating activities totaled CNY 284,145,975.99, while cash outflow was CNY 294,851,982.39, resulting in a net cash flow of -CNY 10,706,006.40[47] - The company reported a decrease in cash outflow for operating activities, which was CNY 294,851,982.39 compared to CNY 317,338,111.99 in the previous year[47] - Cash and cash equivalents at the end of the period increased to CNY 360,186,297.97 from CNY 289,740,933.84 at the beginning of the period[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,544,989,026.02, an increase of 1.48% from ¥2,507,794,048.52 at the end of the previous year[7] - Total assets amounted to CNY 2,595,093,012.86, slightly up from CNY 2,585,274,098.62 in the previous period[35] - Total liabilities increased to ¥309,845,079.53 from ¥279,663,902.59, which is an increase of approximately 10.8%[31] - Total liabilities increased to CNY 249,447,728.74 from CNY 240,616,490.63 year-on-year[35] - The company's total equity as of March 31, 2020, was ¥2,235,143,946.49, slightly up from ¥2,228,130,145.93, showing a marginal increase of about 0.3%[32] - The total equity of the company was CNY 2,345,645,284.12, a slight increase from CNY 2,344,657,607.99[35] Inventory and Borrowings - Inventory at the end of the reporting period increased by 42.27% compared to the beginning of the period, attributed to lower material prices and stockpiling[14] - Short-term borrowings increased by 126.19% compared to the beginning of the period, mainly due to increased borrowing for imported material advances[14] - Inventory increased significantly to ¥219,336,616.79 from ¥154,173,469.53, reflecting a growth of approximately 42.3%[28] Research and Development - R&D expenses decreased by 42.65% compared to the previous year, as expenses from a subsidiary were no longer included[14] - The company reported a decrease in research and development expenses to CNY 7,094,709.18 from CNY 12,369,871.35 in the previous year[38] Operational Status - The company resumed normal production operations by mid-March 2020 after responding to COVID-19 prevention measures[15] - The company plans to focus on market expansion and new product development in the upcoming quarters[39] Other Financial Activities - The company reported a 100% decrease in tax and additional fees compared to the previous year, primarily due to a decline in revenue[14] - The company engaged in entrusted wealth management with a total amount of ¥87,000,000, with no overdue amounts[20] - The company has no securities investments or derivative investments during the reporting period[18][21] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[23] - The company paid CNY 16,590,219.26 to employees, an increase from CNY 14,419,815.97 in the previous year[47] - The cash flow from financing activities resulted in a net outflow of -CNY 5,263,631.73, compared to -CNY 75,429,618.71 in the previous year[48] Audit and Reporting - The first quarter report for 2020 was not audited[53] - The company implemented new revenue and lease standards starting in 2020, but did not apply retrospective adjustments to prior comparative data[52]