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巨力索具(002342) - 2017 Q2 - 季度财报
2017-08-14 16:00
Financial Performance - The company's operating revenue for the first half of 2017 was ¥726,112,221.64, representing a 0.30% increase compared to ¥723,966,950.80 in the same period last year[17]. - The net profit attributable to shareholders was ¥20,145,309.22, an increase of 8.26% from ¥18,608,770.43 year-on-year[17]. - The net cash flow from operating activities reached ¥7,327,856.98, a significant increase of 173.12% compared to ¥2,683,000.20 in the previous year[17]. - Operating profit decreased by 19.69% to 8.23 million yuan, while total profit rose by 7.94% to 22.20 million yuan[38]. - The gross profit margin declined by 1.88%, leading to a total gross profit reduction of 13.16 million yuan due to unstable raw material prices[39]. - The company achieved a total operating revenue of 726.11 million yuan, representing a year-on-year growth of 0.30%[35]. - The company reported a significant decrease in net cash flow from financing activities, down 94.27% to $15.50 million, due to reduced borrowings[44]. - The company reported a total comprehensive income of CNY 20,120,145.69 for the current period, compared to CNY 21,061,823.33 in the previous period, indicating a decrease of about 4.47%[149]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥4,142,700,696.45, up 1.77% from ¥4,070,754,884.41 at the end of the previous year[17]. - The total liabilities increased to ¥1,706,829,237.95 from ¥1,651,163,571.60, which is an increase of approximately 3.37%[125]. - The total current assets increased to ¥2,304,077,687.50 from ¥2,127,257,028.32, representing a growth of approximately 8.33%[122]. - The company's cash and cash equivalents decreased to $382.49 million, representing 9.23% of total assets, down from 12.25% year-over-year[50]. - The total equity attributable to shareholders rose to ¥2,435,871,458.50 from ¥2,419,591,312.81, indicating a growth of about 0.67%[125]. Research and Development - The company has developed 165 patents, including 21 invention patents and 144 utility model patents, demonstrating its strong R&D capabilities[25]. - Research and development investment was 30.53 million yuan, showing a slight increase of 0.98% year-on-year[37]. - The company completed 30 R&D project initiations and filed 16 patent applications during the reporting period[34]. - The company successfully won the bid for the "Seismic Exploration Node Connector" project, marking a significant achievement in independent product development[34]. Market and Operations - The company serves over 10,000 domestic and international customers, with more than 6,000 being long-term quality clients[26]. - The company has established 100 branches in China to ensure a one-hour service radius for customers[26]. - The company is a leader in the sling industry, with a comprehensive range of products used in various sectors including military, nuclear power, and aerospace[25]. - The company is actively participating in the "Belt and Road" initiative and has strengthened cooperation with military sectors[34]. Shareholder Information - The total number of shares decreased from 94,386,570 to 78,864,375 for restricted shares, reflecting a reduction of 15,522,195 shares[98]. - The total number of unrestricted shares increased from 865,613,430 to 881,135,625, indicating an increase of 15,522,195 shares[98]. - The largest shareholder, Jili Group Co., Ltd., holds 20.03% of the shares, totaling 192,300,000 shares[105]. - The total number of ordinary shareholders at the end of the reporting period is 139,137[105]. Risks and Challenges - The company faces operational risks due to the ongoing downturn in traditional industrial sectors, environmental pressures, and overcapacity, which may impact decision-making and asset quality[65]. - The company plans to adjust its product structure and strengthen strategic cooperation with key participants in the "Belt and Road" initiative to mitigate risks and enhance growth opportunities[65]. - The company's cash inflow and outflow at the end of the reporting period showed limited improvement compared to the beginning of the period, with accounts receivable increasing from 859 million to 930 million RMB, indicating potential future liquidity risks[66]. Corporate Governance - The financial report for the first half of 2017 was not audited[120]. - The company appointed new senior management on January 23, 2017, following the election of the fifth board of directors[115]. - There were no changes in the shareholding of directors and senior management during the reporting period[114]. - The report indicates that the actual controllers of the company have not changed during the reporting period[109]. Compliance and Accounting - The financial report complies with the requirements of the enterprise accounting standards, accurately reflecting the financial position as of June 30, 2017[180]. - The financial statements are prepared on a going concern basis, reflecting the company's ability to continue operations[178]. - The accounting policies include fixed asset depreciation and intangible asset amortization based on the company's operational characteristics[179].
巨力索具(002342) - 2017 Q1 - 季度财报
2017-04-20 16:00
Financial Performance - Revenue for Q1 2017 was CNY 327,161,019.93, a decrease of 8.60% compared to CNY 357,947,619.23 in the same period last year[7] - Net profit attributable to shareholders was CNY 14,119,437.19, an increase of 26.93% from CNY 11,124,030.31 year-on-year[7] - Net profit excluding non-recurring gains and losses was CNY 4,061,374.90, down 30.33% from CNY 5,829,267.08 in the previous year[7] - Basic earnings per share rose to CNY 0.015, reflecting a 25.00% increase from CNY 0.012 in the same quarter last year[7] - The expected net profit attributable to shareholders for the first half of 2017 is projected to range from 18.6088 million CNY to 24.1914 million CNY, reflecting a change of 0.00% to 30.00% compared to the same period in 2016[18] Cash Flow - Net cash flow from operating activities improved to CNY 21,933,939.43, a significant increase of 145.51% compared to a negative cash flow of CNY 48,195,553.23 last year[7] - Net cash flow from operating activities increased by 145.51% to 21.9339 million CNY due to an increase in the use of bills for procurement transactions[14] - Net cash flow from investing activities increased by 531.78% to 78.0626 million CNY due to proceeds from the disposal of fixed and intangible assets[14] - Net increase in cash and cash equivalents rose by 116.27% to 107.4659 million CNY due to proceeds from asset disposals[15] Assets and Shareholder Information - Total assets at the end of the reporting period were CNY 4,122,998,972.70, up 1.28% from CNY 4,070,754,884.41 at the end of the previous year[7] - Net assets attributable to shareholders increased to CNY 2,433,439,808.60, a rise of 0.57% from CNY 2,419,591,312.81 at the end of last year[7] - The total number of ordinary shareholders at the end of the reporting period was 69,300[10] - The largest shareholder, Juyi Group Co., Ltd., held 20.03% of the shares, amounting to 192,300,000 shares[10] Non-Recurring Gains and Asset Changes - The company reported non-recurring gains of CNY 10,058,062.29, primarily from government subsidies and asset disposals[8] - Other current assets decreased by 40.14% to 1.661 million CNY due to a reduction in deductible input tax and prepaid income tax[14] - Construction in progress decreased by 40.45% to 88.6688 million CNY as some installed and improved equipment was completed and transferred to fixed assets[14] - Fixed asset clearance decreased by 53.51% to 45.0977 million CNY primarily due to asset disposals during the reporting period[14] - Other non-current assets decreased by 80.33% to 2.3501 million CNY due to a reduction in prepaid engineering and equipment procurement payments[14] - Prepayments increased by 41.98% to 62.1288 million CNY due to an increase in received engineering advance payments[14] Investment Income - The increase in investment income was 207.08% to 0.2223 million CNY due to higher earnings from invested entities[14]
巨力索具(002342) - 2016 Q4 - 年度财报
2017-03-27 16:00
Financial Performance - The company's operating revenue for 2016 was CNY 1,365,111,066.81, representing a 2.29% increase compared to CNY 1,334,488,974.13 in 2015[19] - The net profit attributable to shareholders decreased by 23.94% to CNY 20,633,584.16 from CNY 27,128,617.61 in the previous year[19] - The net cash flow from operating activities fell by 32.82% to CNY 83,715,793.42, down from CNY 124,618,924.45 in 2015[19] - The basic earnings per share decreased by 33.33% to CNY 0.02 from CNY 0.03 in 2015[19] - Total assets increased by 4.95% to CNY 4,070,754,884.41 at the end of 2016, compared to CNY 3,878,821,597.33 at the end of 2015[19] - The net assets attributable to shareholders rose by 0.48% to CNY 2,419,591,312.81 from CNY 2,408,034,075.23 in 2015[19] - The company reported a significant decline in net profit after deducting non-recurring gains and losses, which fell by 51.73% to CNY 10,183,282.40[19] - The weighted average return on net assets decreased to 0.85% from 1.13% in the previous year[19] Revenue Breakdown - The total revenue for the company in 2016 was RMB 1,365,111,066.81, representing a year-on-year increase of 2.29%[51] - The revenue from the general equipment manufacturing sector increased by 11.56% year-on-year, amounting to RMB 488,381,162.80[56] - The company's revenue for the textile industry reached ¥252,007,351.90, with a year-on-year increase of 1.39%, while the gross margin improved by 4.62% to 32.95%[59] - In the metal products industry, revenue was ¥545,773,271.39, reflecting a 2.17% increase year-on-year, but the gross margin decreased by 4.64% to 19.22%[59] - The general equipment manufacturing sector generated ¥488,381,162.80 in revenue, marking an 11.56% increase year-on-year, with a gross margin of 19.42%, down by 5.94%[59] - Domestic sales accounted for ¥1,073,390,404.31, a 23.54% increase year-on-year, while export sales decreased by 12.83% to ¥212,771,381.78[59] Research and Development - The company holds 159 patents, including 21 invention patents and 138 utility model patents, showcasing its strong R&D capabilities[31] - The company invested CNY 70,327,489.54 in R&D in 2016, representing a 21.79% increase from CNY 57,742,588.15 in 2015[71] - R&D personnel increased to 129 in 2016, a 2.38% rise from 126 in 2015, with R&D personnel accounting for 4.27% of total employees[71] - Research and development efforts include projects on high-efficiency numerical simulation technology for large-diameter steel wire ropes and surface treatment technology for chains, expected to complete by 2018[69][70] Market Position and Strategy - The company has established a sales network in over 100 countries and regions, serving more than 10,000 domestic and international customers[32] - The company has a robust market position, being the largest and most comprehensive rigging manufacturer in China, although exact market share statistics are not available[35] - The company plans to expand its business scope to include special engineering contracting and bridge engineering contracting[18] - The company plans to enhance its marketing network and is exploring the establishment of an online mall to support innovative marketing strategies[116] - The company aims to enhance its market position by leveraging its R&D capabilities and expanding into new markets, particularly in the context of the "Belt and Road" initiative[108] Cash Flow and Investments - Operating cash inflow decreased by 14.98% to CNY 878,269,182.27 in 2016 from CNY 1,032,994,964.37 in 2015[74] - Investment cash outflow increased by 61.49% to CNY 55,135,513.59 in 2016, compared to CNY 34,142,250.71 in 2015[74] - The company reported a net increase in cash and cash equivalents of CNY 25,971,325.36 in 2016, a significant recovery from a decrease of CNY 171,477,087.89 in 2015[74] - The company has not encountered any issues with the timely and accurate disclosure of raised fund usage[90] Shareholder Information - The company’s total shares amount to 960 million, with 14.28% being restricted shares and 85.72% being unrestricted shares[180] - The total number of shareholders at the end of the reporting period is 65,903[187] - The total number of shares with lock-up conditions at the end of the period is 90,522,195 shares[184] - The company has maintained a stable ownership structure with no significant changes in its major shareholders[197] Social Responsibility and Sustainability - The company emphasizes its commitment to social responsibility and sustainable development, focusing on employee welfare and environmental protection[167][170] - The company actively participates in social welfare activities, contributing to local economic development and job creation[174] - The company received a government subsidy of RMB 25 million for network access fees, which will positively impact the consolidated profit before non-recurring gains and losses[174] Dividend Policy - The profit distribution plan proposed a cash dividend of CNY 0.04 per 10 shares, based on a total of 960,000,000 shares[5] - The cash dividend accounted for 100% of the total profit distribution for the year[135] - The company has maintained a consistent cash dividend policy over the past three years, with cash dividends of CNY 3,840,000.00 in 2016, CNY 4,800,000.00 in 2015, and CNY 5,760,000.00 in 2014[134]
巨力索具(002342) - 2016 Q3 - 季度财报
2016-10-27 16:00
Financial Performance - Net profit attributable to shareholders decreased by 66.65% to CNY 1,966,226.38 for the current period[6] - Operating revenue for the current period was CNY 286,123,334.68, a decline of 6.28% year-on-year[6] - Basic earnings per share fell by 66.67% to CNY 0.002[6] - The weighted average return on net assets was 0.08%, down by 0.17% compared to the previous year[6] - The estimated net profit attributable to shareholders for 2016 is expected to decrease by 50.00% to 0.00%, with a range of CNY 13.56 million to CNY 27.13 million[20] Assets and Liabilities - Total assets increased by 4.27% to CNY 4,044,512,542.45 compared to the end of the previous year[6] - Accounts receivable at the end of the period decreased by 59.28% to CNY 36.82 million, primarily due to the collection of bank acceptance bills[15] - Prepaid accounts increased by 53.92% to CNY 166.93 million, mainly due to increased advance payments for material purchases[15] - Other receivables rose by 136.10% to CNY 85.73 million, attributed to unpaid government land use rights recovery[15] - Construction in progress increased by 31.97% to CNY 246.71 million, due to increased investment in heating auxiliary facilities by a subsidiary[15] - The increase in deferred income by 32.18% to CNY 77.92 million was due to government subsidies received by subsidiaries[15] Cash Flow - Cash flow from operating activities decreased by 50.90% to CNY 51,592,459.30 year-to-date[6] - Cash flow from operating activities decreased by 50.90% to CNY 51.59 million, primarily due to reduced cash collection from sales[16] - Investment activities resulted in a net cash outflow of CNY 31.64 million, a decrease of 1,072.25% year-on-year, due to increased fixed asset investments by a subsidiary[17] - Financing activities generated a net cash inflow of CNY 25.64 million, an increase of 207.63% year-on-year, due to higher bank borrowings[17] - The net increase in cash and cash equivalents was CNY 44.98 million, down 43.58% year-on-year, mainly due to reduced cash collection from sales[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 71,584[10] - The largest shareholder, Juyi Group Co., Ltd., holds 20.03% of the shares, totaling 192,300,000 shares[10] - There were no significant changes in the shareholding structure or any repurchase agreements during the reporting period[12] Non-Recurring Gains - The company reported non-recurring gains of CNY 8,391,623.90 for the year-to-date[7]
巨力索具(002342) - 2016 Q2 - 季度财报
2016-08-11 16:00
Financial Performance - The company achieved operating revenue of CNY 723,966,950.80, a year-on-year increase of 0.50% compared to CNY 720,347,337.83[22] - The net profit attributable to shareholders decreased by 38.31% to CNY 18,608,770.43 from CNY 30,165,074.94 in the same period last year[22] - The net cash flow from operating activities plummeted by 95.91% to CNY 2,683,000.20, down from CNY 65,562,394.60[22] - The company reported a basic earnings per share of CNY 0.019, a decrease of 38.71% compared to CNY 0.031[22] - Operating profit decreased to RMB 10,250,900.00, down 63.19% compared to the same period last year[36] - Gross margin decreased by 1.64%, resulting in a total gross profit reduction of RMB 11,003,600.00[37] - Cash flow from operating activities was RMB 2,683,000.20, down 95.91% year-on-year due to reduced cash collection[40] - The total revenue for the company was approximately ¥2,013,855.96, with a net profit of -¥314,332.33, indicating a loss[65] - The company expects a net profit for the first nine months of 2016 to range between ¥1,803.04 and ¥3,606.08, reflecting a decrease of up to 50% compared to the same period in 2015[70] - The total comprehensive income for the current period was CNY 18,595,803.38, which includes a decrease of CNY 12,967.05 in other comprehensive income[160] Assets and Liabilities - Total assets increased by 8.09% to CNY 4,192,779,841.08 from CNY 3,878,821,597.33 at the end of the previous year[22] - The total assets of the company as of June 30, 2016, amounted to RMB 4,192,779,841.08, an increase from RMB 3,878,821,597.33 at the beginning of the period[135] - Current liabilities totaled RMB 1,482,966,491.43, up from RMB 1,411,842,486.60, marking an increase of about 5%[134] - The company's total liabilities reached RMB 1,770,949,962.47, compared to RMB 1,470,787,522.10 at the beginning of the period, which is an increase of approximately 20.4%[134] - The equity attributable to the owners of the parent company was RMB 2,421,829,878.61, slightly up from RMB 2,408,034,075.23, showing a growth of about 0.6%[135] Research and Development - The company filed 18 patents during the reporting period, including 5 invention patents[32] - Research and development investment rose by 17.64% to CNY 3,023,610.00 from CNY 2,570,330.00 in the previous year[35] - Research and development expenses increased by 17.64% to RMB 30,236,079.39[40] - The company has made significant advancements in product innovation, including the development of a 900T box girder double-span tunnel hoisting equipment, which is a milestone in the industry[48] Corporate Governance and Management - The company has implemented a performance assessment system to enhance management effectiveness and align employee incentives with corporate goals[47] - The company has focused on internal control and financial management to improve operational efficiency and reduce tax risks[46] - The company has maintained compliance with corporate governance standards as per the Company Law and relevant regulations[77] - The financial report for the first half of 2016 was not audited[130] Shareholder Information - The company will not distribute cash dividends or issue bonus shares for this period[6] - The company plans to distribute a cash dividend of ¥0.05 per share, totaling ¥4,800,000.00, based on the total share capital as of December 31, 2015[71] - The total number of shares remained at 960,000,000 during the reporting period[108] - The largest shareholder, Jili Group Co., Ltd., holds 20.03% of the shares, totaling 192,300,000 shares, with no changes during the reporting period[118] - The total number of ordinary shareholders at the end of the reporting period was 76,029[118] Market Performance - The company reported a revenue of 610.52 million yuan from domestic sales, with a gross margin of 23.31%, reflecting a 1.96% increase in revenue compared to the same period last year[51] - The revenue from the textile industry was 125.73 million yuan, with a gross margin of 30.35%, showing a year-on-year increase of 3.96%[49] - The revenue from the general equipment manufacturing industry increased by 34.64% year-on-year, reaching 292.06 million yuan, while the gross margin was 16.74%[49] Financial Adjustments and Changes - The company did not engage in any external investments or securities investments during the reporting period[53][54] - The company has not implemented any major non-public fundraising investment projects during the reporting period[69] - The company did not engage in any repurchase agreements during the reporting period[130] - There were no changes in the controlling shareholder or actual controller during the reporting period[121][122] Cash Flow and Financial Activities - The company reported a net cash flow from financing activities of 270,403,778.20, compared to a negative cash flow of -111,447,231.56 in the previous period[150] - Investment activities resulted in a net cash outflow of -47,034,944.22, compared to a net inflow of 7,606,545.87 in the previous period[150] - The company reported a significant increase in financial expenses, totaling 26,477,546.72, down from 34,195,624.86 in the previous period[147]
巨力索具(002342) - 2016 Q1 - 季度财报
2016-04-25 16:00
Financial Performance - The company's operating revenue for Q1 2016 was ¥357,947,619.23, representing a 7.08% increase compared to ¥334,286,246.19 in the same period last year[7] - The net profit attributable to shareholders for Q1 2016 was ¥11,124,030.31, a 20.10% increase from ¥9,262,691.78 year-on-year[7] - The weighted average return on equity for Q1 2016 was 0.46%, an increase of 0.07% compared to 0.39% in the same period last year[7] - The estimated net profit attributable to shareholders for the first half of 2016 is expected to range from 18,099,000 RMB to 30,165,100 RMB, reflecting a decrease of up to 40% compared to the same period in 2015[17] - The decline in performance is attributed to the downturn in the overall industrial operation, affecting the traditional manufacturing sector downstream[17] Cash Flow - The net cash flow from operating activities was negative at ¥48,195,553.23, a decline of 160.93% compared to ¥79,094,717.04 in the previous year[7] - Net cash flow from operating activities was -48,195,600 RMB, a year-on-year decrease of 160.93%, mainly due to reduced cash collection from sales and increased cash payments for goods[15] - Net cash flow from investing activities was -18,079,100 RMB, a decrease of 2996.80% compared to the same period last year, primarily due to increased investment in heating projects[15] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,911,101,382.48, an increase of 0.83% from ¥3,878,821,597.33 at the end of the previous year[7] - The net assets attributable to shareholders at the end of the reporting period were ¥2,419,128,246.78, up 0.46% from ¥2,408,034,075.23 at the end of the previous year[7] - The balance of notes receivable at the end of the reporting period was ¥41,116,000, a decrease of 54.53% from the beginning of the year[14] - The balance of other receivables increased by 107.54% to ¥75,359,700, primarily due to increased bid guarantee payments[14] - The company reported an asset impairment loss of ¥2,058,200 for the period, an increase of 164.12% compared to the previous period[14] Income - Investment income for the period was 72,400 RMB, a decrease of 56.40% compared to the same period last year, primarily due to reduced earnings from invested entities[15] - Non-operating income for the period was 6,964,300 RMB, an increase of 48.53% year-on-year, mainly due to government recovery of part of the land use rights during the reporting period[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 81,797, with the largest shareholder, Juyi Group Co., Ltd., holding 20.03% of the shares[10]
巨力索具(002342) - 2015 Q4 - 年度财报
2016-03-20 16:00
Financial Performance - In 2015, the company's operating revenue was CNY 1,334,488,974.13, a decrease of 14.11% compared to CNY 1,553,656,763.68 in 2014[18]. - The net profit attributable to shareholders was CNY 27,128,617.61, down 15.86% from CNY 32,243,308.34 in the previous year[18]. - The net cash flow from operating activities decreased by 58.04% to CNY 124,618,924.45 from CNY 297,011,055.53 in 2014[18]. - The total assets at the end of 2015 were CNY 3,878,821,597.33, a decline of 4.02% from CNY 4,041,240,577.04 at the end of 2014[18]. - The company's basic earnings per share remained at CNY 0.03, unchanged from the previous year[18]. - The weighted average return on equity was 1.13%, down from 1.36% in 2014[18]. - The company reported a net profit of CNY -8,932,189.01 in Q4 2015, indicating a significant loss compared to previous quarters[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 21,097,211.84, a decrease of 32.95% from CNY 31,466,691.55 in 2014[18]. - The company achieved total revenue of RMB 1,334.49 million in the reporting period, a decrease of 14.11% year-on-year[52]. - The net profit for the period was RMB 271.29 million, reflecting a decline of 15.86% compared to the previous year[52]. Dividend Distribution - The company plans to distribute a cash dividend of CNY 0.05 per 10 shares, based on a total of 960,000,000 shares[5]. - The cash dividend represents 17.69% of the net profit attributable to the parent company for 2015[126]. - The total distributable profit at the end of the reporting period was CNY 652,580,846.34[130]. - The company has maintained a cash dividend payout ratio of at least 80% during its mature development stage[127]. - The company did not implement a capital reserve transfer to increase share capital or issue bonus shares[130]. Research and Development - The company holds 154 patents, including 19 invention patents and 135 utility model patents, showcasing its strong R&D capabilities[28]. - During the reporting period, the company completed 72 technology research and innovation projects and filed 33 patent applications, including 10 invention patents[49]. - Research and development in wind power contributed over CNY 100 million in revenue during the reporting period[70]. - Research and development investment decreased by 17.35% to approximately 57.74 million yuan in 2015, while the number of R&D personnel increased by 9.57% to 126[73]. - The company aims to enhance its product development and technology innovation, focusing on intelligent, reliable, and environmentally adaptable lifting products[106]. Market Presence and Customer Base - The company has established a strong presence with over 10,000 domestic and international customers, including more than 6,000 long-term partners[29]. - The company has a robust sales network established in over 100 countries, promoting Chinese manufacturing globally[29]. - The company has established a stable sales service network in over 100 countries and regions, supported by a professional sales team of 443 members[41]. - The company has accumulated over 10,000 clients across various industries, maintaining long-term relationships with approximately 6,000 medium and large clients[42]. Operational Efficiency - The company has implemented a flat management structure to enhance decision-making efficiency and improve cost control[48]. - The company reduced sales expenses by 7.16% to CNY 136,215,730.94 compared to the previous year[68]. - The company has successfully participated in military bidding projects, enhancing its market development potential in the defense sector[50]. - The company has achieved multiple certifications, including ISO9001, ISO14001, and GJB9001A, ensuring high standards in quality and safety management[39]. Investment and Fund Management - The total amount raised from the initial public offering (IPO) was RMB 1,200,000,000, with a net amount of RMB 1,158,097,739.91 after expenses, exceeding the original plan by RMB 548,097,739.91[84]. - The company has established a fundraising management system to comply with relevant laws and regulations[84]. - The total amount of unused raised funds is RMB 12,543,860, accounting for 10.83% of the total raised[84]. - The company has fully utilized all raised funds, with no issues in the disclosure and management of the funds[86]. Shareholder Structure - The total number of shares is 960,000,000, with 137,069,064 shares (14.28%) under limited sale conditions after a decrease of 36,673,436 shares[173]. - The number of shareholders holding more than 5% of shares includes Giant Group Co., Ltd. with 20.03% (192,300,000 shares) and Yang Jianzhong with 5.21% (47,230,000 shares) after a decrease of 11,700,000 shares[180]. - The company’s major shareholders and executives committed to not selling their shares for six months starting from July 10, 2015, to stabilize the stock price[159]. - The company has no foreign shareholding, with all shares held by domestic entities[173]. Corporate Governance and Social Responsibility - The company emphasizes social responsibility by ensuring fair treatment of all shareholders and protecting the rights of minority shareholders[166]. - The company actively participates in social welfare activities, including support for impoverished students and community development initiatives[169]. - The company is committed to sustainable development, integrating environmental protection into its operational projects[168]. - The audit was conducted by Deloitte Touche Tohmatsu Certified Public Accountants LLP, with a service fee of CNY 500,000[138].
巨力索具(002342) - 2015 Q3 - 季度财报
2015-10-26 16:00
Financial Performance - Operating revenue for the reporting period was ¥305,301,957.65, a decrease of 13.22% year-on-year[8] - Net profit attributable to shareholders was ¥5,895,731.68, down 43.37% compared to the same period last year[8] - Basic earnings per share decreased by 45.45% to ¥0.006[8] - The company's operating revenue for the current period is ¥324,225,304.91, a decrease of 7.5% compared to ¥349,218,899.69 in the previous period[40] - Operating profit decreased to ¥7,418,027.55, down 47.1% from ¥14,018,769.01 in the previous period[40] - Net profit for the current period is ¥7,138,293.05, a decline of 42.5% from ¥12,478,004.45 in the previous period[40] - Net profit attributable to the parent company is ¥36,060,806.62, a decrease of 22.3% from ¥46,382,057.25 in the previous period[42] - The comprehensive income total for the current period is ¥36,340,730.27, down from ¥46,438,590.77 in the previous period[43] Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,172,193,151.79, an increase of 3.24% compared to the end of the previous year[8] - The total assets at the end of the period amount to 4.17 billion yuan, compared to 4.04 billion yuan at the beginning of the period[30] - The total liabilities at the end of the period amount to 1.76 billion yuan, compared to 1.66 billion yuan at the beginning of the period[30] - Current liabilities rose to CNY 1.73 billion, an increase of 30.0% compared to CNY 1.33 billion in the previous year[34] - The balance of notes receivable at the end of the period was ¥31,002,100, a decrease of 52.75% from the beginning of the year[18] - The balance of other receivables increased by 60.99% to ¥44,104,600, mainly due to increased bid guarantee payments[18] - The balance of accounts payable increased by 1333.31% to ¥87,420,000, primarily due to an increase in outstanding acceptance bills[18] - The balance of non-current liabilities due within one year at the end of the period is 295.72 million yuan, an increase of 123.63% compared to the beginning of the period, primarily due to the reclassification of a long-term loan from the Export-Import Bank of China[19] Cash Flow - The net cash flow from operating activities is 105.09 million yuan, a decrease of 68.9% compared to the same period last year, mainly due to reduced cash collection and increased cash payments for procurement[19] - The net cash flow from investment activities is -2.70 million yuan, an increase of 83.29% compared to the same period last year, primarily due to reduced investment compared to the previous year[19] - The net cash flow from operating activities was 105,086,090.95, a decrease of 69.0% compared to 337,948,066.78 in the previous period[49] - Cash inflow from operating activities totaled 761,380,164.11, down 13.0% from 873,680,079.41 in the previous period[49] - Cash outflow from operating activities increased to 656,294,073.16, up 22.5% from 535,732,012.63 in the previous period[49] - Cash flow from investment activities was negative at -2,699,173.86, an improvement from -16,155,617.18 in the previous period[49] - Cash inflow from financing activities was 1,080,000,000.00, slightly up from 1,055,000,000.00 in the previous period[49] - Cash outflow from financing activities decreased to 1,103,824,847.45, down 22.6% from 1,425,456,826.82 in the previous period[49] - The net increase in cash and cash equivalents was 79,734,513.09, compared to a decrease of 49,360,438.20 in the previous period[49] - The ending balance of cash and cash equivalents was 510,324,197.74, up from 335,255,261.93 in the previous period[49] - The company reported a cash inflow of 13,399,064.56 from the disposal of fixed assets, an increase from 1,507,404.40 in the previous period[49] - The company paid 1,042,249,600.00 in debt repayment, a decrease from 1,342,099,000.00 in the previous period[49] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 88,971[13] - The largest shareholder, Juli Group Co., Ltd., held 20.03% of the shares, amounting to 192,300,000 shares[13] Inventory and Receivables - The accounts receivable at the end of the period are 797.00 million yuan, an increase from 707.98 million yuan at the beginning of the period[28] - The inventory at the end of the period is 637.68 million yuan, an increase from 619.48 million yuan at the beginning of the period[28] - Long-term investments increased to CNY 223.50 million, up from CNY 192.49 million, representing a growth of 16.1%[34]
巨力索具(002342) - 2015 Q2 - 季度财报
2015-08-06 16:00
Financial Performance - The company's operating revenue for the first half of 2015 was ¥720,347,337.83, a decrease of 2.17% compared to ¥736,335,952.30 in the same period last year[21]. - The net profit attributable to shareholders was ¥30,165,074.94, down 16.14% from ¥35,971,380.55 year-on-year[21]. - The net profit after deducting non-recurring gains and losses was ¥25,669,370.23, a decline of 26.22% compared to ¥34,789,891.72 in the previous year[21]. - The net cash flow from operating activities was ¥65,562,394.60, representing an 80.58% decrease from ¥337,609,797.35 in the same period last year[21]. - Operating profit fell to RMB 27.85 million, a decline of 27.98% compared to the previous year[34]. - The gross profit margin declined by 0.67%, leading to a total gross profit reduction of RMB 8.72 million[36]. - The company reported a total comprehensive income of ¥30,288,825.10 for the period, reflecting a positive performance despite the cash flow challenges[151]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,021,969,986.50, a decrease of 0.48% from ¥4,041,240,577.04 at the end of the previous year[21]. - The total liabilities of the company were not explicitly stated, but the current liabilities included accounts payable of CNY 253,379,803.67, up from CNY 243,060,916.12, an increase of about 4.9%[126]. - The company's total assets decreased to CNY 4,071,920,994.99 from CNY 4,090,469,069.00, indicating a slight contraction in asset base[132]. - Total liabilities were reported at CNY 1,643,949,769.66, down from CNY 1,687,480,790.10, showing a reduction in financial obligations[132]. Shareholder Information - The company approved a cash dividend of CNY 0.06 per 10 shares, totaling CNY 5,760,000, based on a total share capital of 96 million shares as of December 31, 2014[67]. - The cash dividend distribution was completed on May 27, 2015, with the record date set for May 26, 2015[68]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[70]. - The total number of shareholders at the end of the reporting period was 83,241[110]. - The company’s major shareholder, Jili Group Co., Ltd., holds 20.03% of the shares, totaling 192,300,000 shares, with no change during the reporting period[110]. Operational Strategy - The company plans to focus on lean improvement, cost management, and quality management to enhance operational efficiency and product quality[30]. - The company aims to benefit from the policy dividends released by reforms, particularly in infrastructure projects related to the Beijing-Tianjin-Hebei coordinated development plan[30]. - The military-civilian integration initiative is expected to create opportunities for the company's products in the military market, enhancing their application in military and defense sectors[30]. - The company actively adjusted its product structure, focusing on military, nuclear power, high-speed rail, and infrastructure sectors[45]. Research and Development - Research and development investment decreased by 10.57% to RMB 25.70 million[40]. - The company completed 15 R&D projects during the reporting period, focusing on high-tech products such as wind turbine lifting equipment and electric rotating container lifting devices[46]. - The company established a technology innovation alliance to enhance its R&D capabilities and industry standards[32]. Compliance and Governance - The company maintained compliance with corporate governance requirements as per the Company Law and relevant regulations[74]. - The company’s half-year financial report was not audited[98]. - There were no significant litigation or arbitration matters during the reporting period[75]. - The company did not engage in any asset acquisitions or sales during the reporting period[86]. Financial Management - The company has strengthened financial management to improve capital efficiency and reduce costs, implementing strict budget management[46]. - The company did not engage in any external investments or held any financial enterprise shares during the reporting period[50][51]. - The company did not implement any stock incentive plans during the reporting period[82].
巨力索具(002342) - 2015 Q1 - 季度财报
2015-04-28 16:00
Financial Performance - Revenue for Q1 2015 was CNY 334,286,246.19, an increase of 3.41% compared to CNY 323,253,536.68 in the same period last year[6] - Net profit attributable to shareholders was CNY 9,262,691.78, representing a growth of 21.52% from CNY 7,622,058.42 year-on-year[6] - Basic earnings per share increased by 25.00% to CNY 0.010 from CNY 0.008 in the same period last year[6] - The net profit attributable to shareholders for the first half of 2015 is expected to range from 2,518,000 to 3,597,140, reflecting a decrease of 30% to 0% compared to the same period in 2014[17] - The net profit for the first half of 2014 was 3,597,140[17] Cash Flow and Assets - Net cash flow from operating activities decreased by 20.35% to CNY 79,094,717.04 from CNY 99,303,028.58 in the previous year[6] - Total assets at the end of the reporting period were CNY 3,950,576,635.80, down 2.24% from CNY 4,041,240,577.04 at the end of the previous year[6] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 48,163[9] - The largest shareholder, Juyi Group Co., Ltd., held 20.03% of the shares, amounting to 192,300,000 shares[9] Receivables and Payables - The balance of notes receivable decreased by 57.69% to CNY 27,763,000 compared to the beginning of the year[13] - The balance of accounts payable increased by 934.43% to CNY 63,100,000 compared to the beginning of the year[13] Expenses - Operating tax and additional expenses increased by 150.75% to CNY 1,352,800 compared to the same period last year[14] Performance Outlook - The decline in performance is attributed to macroeconomic factors and uncertainty in downstream industry demand[17]