上海摩恩电气股份有限公司 2014 年第三季度报告正文 证券代码：002451 证券简称：摩恩电气 公告编号：2014-086 上海摩恩电气股份有限公司 2014 年第三季度报告正文 1 上海摩恩电气股份有限公司 2014 年第三季度报告正文 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。 公司负责人问泽鑫、主管会计工作负责人成宏及会计机构负责人(会计主管人员)成宏声 明：保证季度报告中财务报表的真实、准确、完整。 2 上海摩恩电气股份有限公司 2014 年第三季度报告正文 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 1,439,130,176.05 | 1,228,535,634.67 ...

Financial Performance - The company achieved operating revenue of ¥227,224,393.47, representing a growth of 22.47% compared to the same period last year[21]. - Net profit attributable to shareholders reached ¥10,983,717.46, an increase of 29.71% year-on-year[21]. - The net cash flow from operating activities was ¥26,111,370.30, showing a significant increase of 149.61% compared to the previous year[21]. - Basic earnings per share rose to ¥0.025, reflecting a growth of 31.58% from the same period last year[21]. - The company's operating revenue for the reporting period was ¥227.22 million, representing a year-on-year increase of 22.47% compared to ¥185.54 million in the same period last year[31]. - The net profit for the first half of 2014 reached CNY 11,042,835.73, representing a 29.0% increase from CNY 8,500,757.14 in the previous year[129]. - The gross profit margin for the first half of 2014 was approximately 24.0%, compared to 25.0% in the previous year, indicating a slight decline[129]. - The company reported a comprehensive income total of CNY 10,806,868.78, up from CNY 5,701,507.14, reflecting an increase of 89.5%[129]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,264,631,533.42, a 2.94% increase from the end of the previous year[21]. - The company's total assets amounted to CNY 1,151,932,081.60, up from CNY 1,132,047,533.57, indicating a growth of 1.7%[127]. - The total liabilities increased to CNY 534,249,811.08, compared to CNY 519,249,737.60, reflecting a rise of 2.0%[127]. - The company's cash and cash equivalents decreased significantly from CNY 96,842,265.02 to CNY 49,264,974.97, a drop of around 49.1%[121]. - The total liabilities increased to CNY 613,709,380.68 from CNY 588,420,350.71, marking an increase of approximately 4.3%[123]. Investments and Dividends - The company plans not to distribute cash dividends or issue bonus shares for this period[7]. - The company has not made any external investments during the reporting period, focusing instead on internal growth and development[43]. - The company raised a total of RMB 366 million from its initial public offering (IPO), with a net amount of RMB 338.87 million after deducting issuance costs, resulting in an oversubscription of RMB 41.54 million[51]. - The company allocated CNY 13,176,000.00 to shareholders during the reporting period[148]. Business Operations - The main business revenue, primarily from wire and cable production, accounted for 99.93% of total operating revenue[29]. - The company has expanded its consolidated financial statements to include its subsidiary, Shanghai Morn Financing Leasing Co., Ltd., and its wholly-owned subsidiary, Morn Electric (Singapore)[29]. - The company achieved a significant increase in leasing income, which rose by 95.78% to ¥12.77 million, reflecting a strong growth in this segment[35]. - The company is expanding its product line with new developments in railway locomotive cables and high-temperature cables, among others, to enhance its market position[33]. Financial Strategy and Management - The company has initiated a financial innovation strategy, establishing a commercial factoring company to support profit growth[34]. - The company has begun trial production of its fundraising projects, which is expected to enhance profitability and alleviate capacity constraints[41]. - A strategic acquisition of a 69% stake in Beijing Yili New Energy was approved, positioning the company in the clean energy sector[42]. - The company has adjusted the implementation location of fundraising projects to the Shanghai Lingang Industrial Zone to facilitate future development and project management[59]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,499[107]. - The largest shareholder, Wen Zehong, holds 61.61% of the shares, totaling 270,600,000 shares, with 118,930,000 shares pledged[107]. - The total number of shares increased from 219,600,000 to 439,200,000 due to a capital reserve conversion of 1:1 for every 10 shares held[100]. - The company did not experience any changes in its controlling shareholder or actual controller during the reporting period[109]. Compliance and Governance - The company has not faced any penalties from regulatory bodies during the reporting period[94]. - The company did not implement any stock incentive plans during the reporting period[78]. - The company has strictly fulfilled its commitments regarding share transfers and competition avoidance[92]. Financial Reporting and Standards - The company adheres to the accounting standards set by the Ministry of Finance and ensures the financial statements reflect true and complete information[168]. - The company’s financial report for the half-year is unaudited[93].

Financial Performance - Revenue for Q1 2014 was CNY 83,585,570.65, an increase of 9.2% compared to CNY 76,541,149.46 in the same period last year[8] - Net profit attributable to shareholders was CNY 5,217,150.11, representing a significant increase of 70.84% from CNY 3,053,887.90 year-on-year[8] - Basic earnings per share doubled to CNY 0.02 from CNY 0.01 in the same period last year[8] - The net profit margin increased significantly, with net profit rising by 70.72% due to improved profitability in the leasing business[19] - The net profit attributable to shareholders for the first half of 2014 is expected to be between 9.5 million and 13.5 million RMB, representing a year-on-year increase of 10% to 60%[23] - The increase in profit is primarily due to a rise in order volume in the second quarter and increased profits from subsidiaries[23] - The company reported a net profit of 8.4679 million RMB for the first half of 2013, which serves as a comparison for the expected profit increase in 2014[23] Cash Flow and Expenses - The net cash flow from operating activities improved by 36.54%, with a net outflow of CNY 46,577,067.75 compared to CNY 73,398,358.36 in the previous year[8] - The company reported a 44.11% decrease in selling expenses compared to the previous year, attributed to reduced sales costs in the leasing business[16] - The company experienced a 91.95% increase in financial expenses due to higher borrowing compared to the previous year[19] Assets and Recognition - Total assets at the end of the reporting period were CNY 1,225,501,980.13, a slight decrease of 0.25% from CNY 1,228,535,634.67 at the end of the previous year[8] - The company was recognized as a technology center by Shanghai, and is preparing to apply for national-level technology center status[17] Strategic Actions - The company is in the process of acquiring a target company, with audits and evaluations being conducted to finalize the transaction price[17] - The company has committed to avoiding competition with its own existing products and businesses through a formal commitment from major shareholders[21] - The company has not made any new investments or acquisitions in businesses similar to its main operations during the reporting period[21]

Financial Performance - The company's operating revenue for 2013 was CNY 442,630,277.02, representing a 12.82% increase compared to CNY 392,349,051.54 in 2012[27]. - The net profit attributable to shareholders for 2013 was CNY 16,992,099.66, a significant increase of 138.22% from CNY 7,132,812.44 in the previous year[27]. - The net profit after deducting non-recurring gains and losses was CNY 12,319,448.32, reflecting a 166.51% increase compared to CNY 4,622,585.60 in 2012[27]. - The basic earnings per share for 2013 was CNY 0.08, up 166.67% from CNY 0.03 in 2012[27]. - The total assets at the end of 2013 amounted to CNY 1,228,535,634.67, marking a 16.39% increase from CNY 1,055,522,655.12 at the end of 2012[27]. - The net assets attributable to shareholders at the end of 2013 were CNY 637,949,288.95, a slight increase of 0.61% from CNY 634,051,989.29 at the end of 2012[27]. - The weighted average return on equity for 2013 was 2.67%, an increase from 1.13% in 2012[27]. - The net cash flow from operating activities for 2013 was negative CNY 89,741,570.42, which is a decline of 25.18% compared to negative CNY 71,691,565.94 in 2012[27]. Revenue Sources - The main business revenue was CNY 424.79 million, accounting for 95.97% of total revenue, with a 9% increase year-on-year[34]. - The company's revenue from the transportation sector surged by 1,223.43% year-on-year, reaching $51.32 million in 2013[49]. - The revenue from energy products increased by 233.81% year-on-year, totaling $28.67 million in 2013[49]. - The company achieved a gross margin of 22.83% in the power sector, which is an increase of 10.11% compared to the previous year[49]. Research and Development - The company plans to enhance its research and development efforts in specialty cables to mitigate market competition risks[15]. - Research and development expenses amounted to CNY 12.42 million, representing 2.92% of main business revenue, with a year-on-year increase of 7.61%[45]. - The company obtained four utility model patents and applied for four invention patents in 2013, enhancing its R&D capabilities[56]. - The company imported the first advanced aluminum alloy cable production line in China, which commenced small-scale production in Q3 2013[57]. - The company is focusing on enhancing its technical capabilities and product development, particularly in locomotive and marine cable certifications[100]. Financial Management - The company is actively managing raw material price fluctuations through strategies like futures hedging to safeguard its operating performance[14]. - The company has established a comprehensive internal control system for futures hedging to mitigate risks associated with market fluctuations[68]. - The company has invested ¥6,902,400 in copper futures, with a current investment value of ¥14,561,000, representing 2.27% of the company's net assets[66]. - The company reported a loss of ¥493,881.36 from its derivative investments during the reporting period[66]. - The company has not engaged in any entrusted loans during the reporting period[70]. Corporate Governance - The company has implemented a cash dividend policy, with a clear plan for shareholder returns over the next three years[107]. - The company did not declare any cash dividends for 2013, maintaining a cash dividend payout ratio of 0%[113]. - The company has established a governance structure that includes a shareholders' meeting, board of directors, and supervisory board to ensure checks and balances[198]. - The company has a dedicated R&D institution for independent scientific research and development[198]. - The company has not reported any changes in actual controllers during the reporting period[155]. Market Expansion and Strategy - The company is focusing on international market expansion to enhance product profitability and reduce intermediary costs[88]. - The company plans to expand its sales market by focusing on sectors such as petrochemicals, national power, transportation, and large real estate projects in 2014[96]. - The company plans to maintain its strategic direction towards market expansion and potential mergers and acquisitions to strengthen its competitive position[167]. - The company is committed to sustainable practices and aims to integrate environmental considerations into its business model[167]. Shareholder Information - The company reported a total of 219,600,000 shares outstanding, with 164,700,000 shares subject to restrictions, representing 75% of total shares[144]. - The actual controller, Wen Zehong, holds 145,800,000 shares, accounting for 66.39% of the total share capital, with 19,215,000 shares pledged[145]. - The number of shareholders at the end of the reporting period was 12,503, an increase from 12,101 in the previous five trading days[151]. - The company has a total of 10 major shareholders, with no known relationships or agreements among them[152]. Employee and Management Information - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 2.29 million[172]. - The company has a total of 274 employees, with production personnel constituting 40.51% of the workforce[176]. - The educational background of employees shows that 59.6% have education below college level, while only 0.7% hold a master's degree or higher[177]. - The company has established a performance evaluation system linked to current revenue for determining remuneration[171]. Legal and Compliance - The company has maintained a focus on social responsibility and investor relations, ensuring compliance with information disclosure obligations[116]. - There were no significant legal disputes or media controversies reported during the period[119][120]. - The company strictly adhered to the insider information management system, with no instances of insider trading detected during the reporting period[183].