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山东赫达(002810) - 2016 Q3 - 季度财报(更新)
2016-11-01 16:00
Financial Performance - Operating revenue for the reporting period was ¥141,837,615.30, representing an 18.02% increase compared to the same period last year[8]. - Net profit attributable to shareholders of the listed company was ¥12,910,575.90, up 41.80% year-on-year[8]. - The basic earnings per share for the reporting period was ¥0.16, a rise of 23.08% year-on-year[8]. - Total operating revenue for the current period reached ¥141,837,615.30, an increase of 17.9% compared to ¥120,185,271.80 in the previous period[56]. - Net profit for the current period was ¥12,670,458.54, a significant rise of 42.5% compared to ¥8,903,442.83 in the previous period[57]. - The total profit for the current period was CNY 43,264,642.91, which is a 13.5% increase from CNY 38,201,574.05 in the previous period[66]. - The company's operating costs increased to CNY 294,617,858.00 from CNY 254,390,228.29, which is an increase of 15.8%[67]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,029,056,240.99, an increase of 31.76% compared to the end of the previous year[8]. - The company's total liabilities saw significant changes, with accounts payable increasing due to the issuance of bank acceptance bills[16]. - Total current assets increased to CNY 562,369,098.34 from CNY 302,961,416.34, representing an increase of approximately 85.5%[48]. - The total amount used for share repurchase will not exceed the total funds raised from the company's initial public offering[26]. Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥634,451,365.86, reflecting a growth of 62.82% year-on-year[8]. - The total number of shareholders at the end of the reporting period was 22,206[12]. - The top shareholder, Bi Xinde, holds 31.12% of the shares, totaling 29,739,147 shares[12]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥14,071,131.54, showing a significant increase of 69.19%[8]. - Cash inflow from operating activities totaled 532,656,420.58 CNY, up from 504,986,850.07 CNY in the previous period, indicating growth in operational cash generation[76]. - The net cash flow from financing activities was 202,968,380.16 CNY, a recovery from a negative cash flow of -31,972,082.91 CNY in the previous period[77]. Share Repurchase and Stock Price Stabilization - The company plans to implement profit distribution or capital reserve transfer to increase share capital, subject to legal and regulatory compliance[22]. - The company will initiate share repurchase measures when the conditions for stabilizing the stock price are met, with a maximum repurchase amount not exceeding 20% of the net profit attributable to shareholders from the previous fiscal year[25]. - The company commits to fulfilling its obligations regarding share repurchase and profit distribution as per the relevant laws and regulations[22]. - The company reported a continuous decline in stock price, with the closing price remaining below the previous fiscal year's audited net asset value per share[28]. Operational Insights - The company expects enhanced operational capabilities and overall business development, despite the cautious outlook due to the slowdown in the national macroeconomic environment[40]. - The company reported a decrease in financial expenses to CNY 5,775,036.28 from CNY 9,973,530.15, a reduction of approximately 42.0%[67]. - The company did not conduct an audit for the third quarter report, which may affect the reliability of the financial data presented[78].
山东赫达(002810) - 2016 Q3 - 季度财报
2016-10-25 16:00
Financial Performance - Total assets at the end of the reporting period reached ¥1,029,056,240.99, an increase of 31.76% compared to the end of the previous year[8] - Net assets attributable to shareholders of the listed company amounted to ¥634,451,365.86, reflecting a growth of 62.82% year-on-year[8] - Operating revenue for the reporting period was ¥141,837,615.30, representing an 18.02% increase compared to the same period last year[8] - Net profit attributable to shareholders of the listed company was ¥12,910,575.90, up 41.80% year-on-year[8] - The basic earnings per share for the reporting period was ¥0.16, a rise of 23.08% compared to the same period last year[8] - The weighted average return on net assets was 2.64%, a decrease of 6.59% compared to the previous year[8] - The net cash flow from operating activities for the year-to-date was ¥14,071,131.54, an increase of 69.19%[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 95,560,000[12] - The largest shareholder, Bi Xinde, holds 31.12% of the shares, totaling 29,739,147 shares[12] Cash and Receivables - Cash and cash equivalents increased to ¥241.67 million, a rise of 413.21% due to funds raised from the initial public offering[16] - Accounts receivable rose to ¥113.47 million, reflecting a 37.30% increase attributed to higher sales during the peak season[16] - Prepayments increased by 111.20% to ¥62.71 million, primarily due to higher purchases of raw materials and equipment[16] Investments and Impairments - Long-term equity investments decreased by 100.00% as a subsidiary was fully consolidated[16] - Asset impairment losses increased by 85.12% to ¥3.34 million, mainly due to an increase in accounts receivable[18] - Investment income decreased by 30.52% to ¥281.06 thousand, primarily due to reduced net profits from an associated company[18] Government and Other Income - The company recognized operating income of ¥2.02 million, a 40.90% increase driven by government subsidies and non-current asset disposals[18] - The goodwill recorded was ¥430.35 thousand, resulting from the acquisition of a subsidiary[16] Liabilities and Financial Strategy - The company’s total liabilities increased significantly, reflecting changes in accounts payable and tax liabilities[16] - The company plans to implement profit distribution or capital reserve transfer to increase share capital to stabilize stock price[23] - The company will propose a profit distribution plan or capital reserve transfer plan to the shareholders' meeting within 2 months after approval[24] - The company will repurchase shares using its own funds, with the total amount not exceeding 20% of the audited net profit attributable to shareholders from the previous fiscal year[26] - The repurchase price will not exceed the audited net asset value per share at the end of the previous fiscal year[26] - The company will hold a board meeting within 10 trading days to discuss the share repurchase plan[25] - The company will notify creditors and submit relevant materials to regulatory authorities after the shareholders' meeting approves the repurchase plan[25] - The company will not continue to implement share repurchase measures if the stock price stabilization conditions are not met[27] - The total amount used for share repurchase will not exceed the total amount raised from the company's initial public offering[27] - The company will ensure compliance with relevant laws and regulations regarding share repurchase[26] - The company will notify shareholders three trading days in advance before any major shareholding changes[22] Market and Growth Outlook - The company reported a significant increase in revenue for Q3 2016, with a year-over-year growth of 20%[29] - User data showed an increase in active users by 15% compared to the previous quarter, reaching a total of 1.5 million active users[30] - The company provided a positive outlook for Q4 2016, projecting a revenue increase of 25% year-over-year[31] - New product launches are expected to contribute an additional 10% to revenue in the upcoming quarter[32] - The company is expanding its market presence in Southeast Asia, targeting a 30% market share by the end of 2017[33] Research and Development - Research and development expenses increased by 12% in Q3 2016, focusing on innovative technologies[34] - The company announced plans for a strategic acquisition aimed at enhancing its product portfolio, with an estimated cost of $50 million[35] Profit Projections - The estimated net profit attributable to shareholders for 2016 is expected to range from 44.36 million to 59.14 million RMB, reflecting a change of -10% to 20% compared to the previous year[41] - The net profit for 2015 attributable to shareholders was 49.29 million RMB[41] - The company anticipates enhanced operational capabilities and overall business development, despite the cautious outlook due to the slowdown in the national macroeconomic environment[41] Compliance and Governance - There were no violations regarding external guarantees during the reporting period[42] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[43] - No research, communication, or interview activities were conducted during the reporting period[44]