湖南科力尔电机股份有限公司 2018 年年度报告全文 湖南科力尔电机股份有限公司 2018 年年度报告 2019-016 2019 年 04 月 1 湖南科力尔电机股份有限公司 2018 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连 带的法律责任。 公司负责人聂鹏举、主管会计工作负责人李伟及会计机构负责人(会计主管 人员)肖守峰声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 （1）原材料价格波动风险 公司生产所需主要原材料为漆包线（其主要原材料为铜）、硅钢片等，原材 料价格波动对公司产品成本的影响较大，如果原材料价格出现大幅波动，将对 公司经营业绩造成较大影响。目前全球经济形势动荡不稳，如主要原材料价格 在未来继续大幅上涨，将对公司业绩造成不利影响。公司通过销售价格联动， 适时开展锁定部分材料成本，加强新产品开发，提高新产品的附加值和新产品 销售比例等一系列措施，进一步规避原材料价格波动风险。 （2）汇率波动风险 目前，公司产品出 ...

湖南科力尔电机股份有限公司 2019 年第一季度报告全文 湖南科力尔电机股份有限公司 2019 年第一季度报告 2019-022 2019年04月 湖南科力尔电机股份有限公司 2019 年第一季度报告全文 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。 公司负责人聂鹏举、主管会计工作负责人李伟及会计机构负责人(会计主管 人员)肖守峰声明：保证季度报告中财务报表的真实、准确、完整。 2 湖南科力尔电机股份有限公司 2019 年第一季度报告全文 第二节 公司基本情况 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 ...

湖南科力尔电机股份有限公司 2018 年第三季度报告正文 证券代码：002892 证券简称：科力尔 公告编号：2018-047 湖南科力尔电机股份有限公司 2018 年第三季度报告正文 1 湖南科力尔电机股份有限公司 2018 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。 公司负责人聂葆生、主管会计工作负责人李伟及会计机构负责人(会计主管 人员)肖守峰声明：保证季度报告中财务报表的真实、准确、完整。 2 湖南科力尔电机股份有限公司 2018 年第三季度报告正文 第二节 公司基本情况 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 747,604,277.36 | 674,795,881.94 | | 10.79% | | 归属于 ...

Financial Performance - The company's operating revenue for the first half of 2018 was ¥317,354,505.53, representing a 13.35% increase compared to ¥279,989,829.80 in the same period last year[17]. - The net profit attributable to shareholders of the listed company decreased by 26.28% to ¥26,678,285.54 from ¥36,186,427.53 year-on-year[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 39.03% to ¥20,781,890.73 compared to ¥34,083,633.23 in the previous year[17]. - The basic earnings per share decreased by 41.79% to ¥0.319 from ¥0.548 year-on-year[17]. - Operating profit decreased by 28.86% to RMB 29,401,187.24 compared to the same period last year[35]. - Total profit fell by 27.59% to RMB 30,454,414.93 year-on-year[35]. - The company's gross profit margin for the micro-special motor manufacturing industry was 18.14%, reflecting a decrease of 8.36% year-on-year due to rising costs[42]. - The estimated net profit attributable to shareholders for the first three quarters of 2018 is expected to range from 42.67 million to 53.33 million CNY, representing a decrease of 20% to 0% compared to the same period in 2017[69]. - The estimated sales revenue for the first three quarters of 2018 is expected to grow by approximately 15% year-on-year[69]. Cash Flow and Assets - The net cash flow from operating activities increased by 7.98% to ¥28,747,500.60 from ¥26,623,153.01 in the same period last year[17]. - Cash and cash equivalents increased to 114,325,466.8, making up 16.11% of total assets, up from 60,765,039.54 (13.39%), due to the arrival of raised funds[47]. - Cash and cash equivalents increased to RMB 92,191,422.76 from RMB 76,269,701.46, marking a growth of 20.9%[134]. - The total cash and cash equivalents at the end of the period reached CNY 92,191,422.76, up from CNY 52,943,155.43, representing a growth of 74.4%[152]. - The total assets at the end of the reporting period were ¥709,511,834.38, a 5.14% increase from ¥674,795,881.94 at the end of the previous year[17]. - The company's total assets reached CNY 676,556,728.39, compared to CNY 653,889,804.98 at the beginning of the year, indicating a growth of 3.5%[136]. - The total liabilities of the company were RMB 126,551,996.06, up from RMB 107,980,735.44, reflecting an increase of approximately 17.16%[131]. Investments and R&D - The company invested ¥12,678,362.18 in R&D, a 36.12% increase compared to the previous year, to enhance product development and market competitiveness[39]. - The company has established a research and development center in Shenzhen to attract high-end talent and enhance product development capabilities[31]. - The company successfully launched four series of servo motors, which are now being applied in industrial robots and automation, indicating a broad market potential[37]. - The total investment during the reporting period was 15,863,695.35, a significant increase of 128.37% compared to the previous year[52]. Market and Sales - The sales revenue of single-phase shaded pole motors was ¥230,727,324.10, up 3.72% year-on-year, while the sales revenue of series excitation motors surged to ¥65,698,867.54, marking a 46.74% increase[41]. - Sales revenue in the South China region increased by 33.26% to ¥63,712,172.02, driven by higher domestic sales of shaded pole motors[41]. - The company exports approximately 70% of its sales revenue, primarily to Europe and North America, making it vulnerable to exchange rate fluctuations[70]. - The company achieved domestic sales revenue of 63.71 million CNY in South China, a year-on-year increase of 33.26%, and 32.26 million CNY in East China, a year-on-year increase of 36.07%[72]. Risks and Challenges - The company faces risks including raw material price fluctuations, exchange rate fluctuations, accounts receivable risks, human resource risks, market competition risks, and export trade risks[4]. - The main reasons for the profit decline include rising prices of key raw materials (copper, aluminum, aluminum alloy, zinc alloy) and increased labor costs compared to the same period last year[69]. - The company is focusing on new product development and increasing the sales proportion of new products to mitigate raw material price fluctuation risks[70]. - The company is implementing strict accounts receivable management to minimize bad debt risks, with over 99% of accounts receivable aged within one year[71]. Corporate Governance and Compliance - The company has not engaged in any major litigation or arbitration matters during the reporting period[85]. - The company has not conducted any related party transactions during the reporting period[88]. - The company has maintained compliance with environmental protection laws and actively participates in environmental management practices[100]. - The company has not reported any violations regarding external guarantees during the reporting period[98]. Future Outlook - The company provided a positive outlook for the second half of 2018, projecting a revenue growth of 25% based on current market trends and demand[80]. - The company plans to enhance its overseas market competitiveness and gradually expand its domestic market presence in response to the uncertainties from the "China-US trade dispute"[72]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[164]. - The management highlighted a focus on improving operational efficiency, with a target to reduce production costs by 5% over the next year[79].

Financial Performance - The company's operating revenue for Q1 2018 was ¥140,025,740.20, representing a 14.32% increase compared to ¥122,483,069.74 in the same period last year[8] - Net profit attributable to shareholders decreased by 34.39% to ¥8,394,196.94 from ¥12,794,060.92 year-on-year[8] - The net profit after deducting non-recurring gains and losses fell by 58.97% to ¥5,204,655.71 from ¥12,685,534.72 in the previous year[8] - The net profit attributable to shareholders for the first half of 2018 is expected to be between ¥25.33 million and ¥30.76 million, representing a decrease of approximately 30% to 15% compared to the same period in 2017[18] - Sales revenue for the first half of 2018 is projected to grow by around 10% year-on-year[18] Cash Flow and Assets - The net cash flow from operating activities surged by 1,360.79% to ¥12,098,049.37 compared to ¥828,185.01 in the same period last year[8] - Total assets at the end of the reporting period were ¥680,696,236.59, a slight increase of 0.87% from ¥674,795,881.94 at the end of the previous year[8] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,011[12] Cost and Profitability Factors - The decline in net profit is primarily due to increased production costs from rising prices of key metal raw materials such as copper, aluminum, and zinc alloys[18] - The appreciation of the RMB against foreign currencies has led to a decrease in gross profit margin for export sales, impacting overall profitability[18] Receivables and Financial Expenses - The company reported a 30.61% decrease in prepaid accounts, primarily due to a reduction in advance payments for silicon steel materials[16] - Other receivables increased by 108.54%, mainly due to unreturned export tax rebates as of the end of March[16] - Financial expenses rose by 148.6%, largely influenced by exchange rate fluctuations and increased foreign exchange losses[16] Return on Assets - The weighted average return on net assets decreased to 1.47% from 5.11% year-on-year, a decline of 3.64%[8]

Financial Performance - The company's operating revenue for 2017 was ¥591,659,441.43, representing a 17.33% increase compared to ¥504,252,434.02 in 2016[18]. - The net profit attributable to shareholders for 2017 was ¥65,446,333.71, a decrease of 3.06% from ¥67,513,228.96 in 2016[18]. - The net profit after deducting non-recurring gains and losses was ¥54,852,606.09, down 14.14% from ¥63,882,701.44 in 2016[18]. - The net cash flow from operating activities was ¥45,078,096.64, a decline of 29.01% compared to ¥63,502,573.65 in 2016[18]. - The total assets at the end of 2017 were ¥674,795,881.94, an increase of 63.10% from ¥413,732,106.98 at the end of 2016[19]. - The net assets attributable to shareholders at the end of 2017 were ¥566,815,146.50, up 132.16% from ¥244,148,147.96 at the end of 2016[19]. - The basic earnings per share for 2017 were ¥0.910, a decrease of 10.78% from ¥1.020 in 2016[18]. - The weighted average return on equity for 2017 was 18.24%, down 13.10% from 31.34% in 2016[18]. - The total profit amounted to RMB 76,594,058.45, a decrease of 2.43% compared to the previous year[40]. - The company’s net asset return rate was 18.24%, indicating a solid financial condition[40]. Dividend Distribution - The company reported a profit distribution plan of 1.26 RMB per 10 shares for a total of 83,600,000 shares, amounting to a cash dividend of approximately 10.5 million RMB[4]. - For 2017, the proposed cash dividend is RMB 10,533,600, with a per-share dividend of RMB 1.26 (including tax), subject to shareholder approval[97]. - The cash dividend payout ratio for 2017 is 16.10% of the net profit attributable to ordinary shareholders, which is RMB 65,446,333.71[97]. - The total distributable profit for 2017 is RMB 111,196,578.87, with cash dividends accounting for 100% of the profit distribution[97]. - The total cash dividends distributed over the past three years are RMB 40 million in 2015, RMB 11.22 million in 2016, and RMB 10.53 million in 2017[97]. - The company has a policy to ensure that cash dividends represent at least 20% of the profit distribution in its growth stage[97]. Business Operations - The company has not changed its main business scope, which includes the research, development, manufacturing, and sales of various motors and related products[17]. - The company focuses on the development, production, and sales of micro-special motors, with applications in various fields including home appliances and industrial automation[28]. - The company's main revenue is driven by shaded pole motors and series motors, with stepper motors, brushless DC motors, and servo motors contributing a smaller proportion[30]. - The company has established sales service points in major customer concentration areas domestically and marketing offices in the USA and Italy[30]. - The company has received multiple international certifications, including UL and VDE, ensuring high product quality standards[37]. - The company is a key supplier for major global appliance manufacturers, enhancing its brand influence and market reach[36]. Market and Industry Trends - The kitchen appliance market is expected to reach RMB 94.1 billion in 2017, with a year-on-year growth of 20%[31]. - The servo motor industry in China is projected to exceed RMB 4 billion by 2020, benefiting from manufacturing upgrades[33]. - The company aims to expand its domestic market share by targeting commercial air conditioning, air fryers, refrigerators, and washing machines, while maintaining its leading position in the shaded pole motor industry[84]. - The company intends to enhance its competitive edge in overseas markets, particularly targeting well-known manufacturers in North America and Europe, aiming to capture more market share in the high-end segment of the brushless DC motor industry within one to two years[82]. Risks and Challenges - The company faces risks including raw material price fluctuations, exchange rate fluctuations, accounts receivable risks, human resource risks, and market competition risks[5]. - The company recognizes the risk of raw material price fluctuations, particularly for copper and silicon steel, and plans to implement measures to mitigate this risk[85]. - The company exports over 70% of its products, making it vulnerable to currency exchange rate fluctuations, and will adjust its foreign exchange strategy to minimize potential losses[86]. - The company has a receivables risk, with accounts receivable at 93.01 million RMB, representing 13.78% of total assets and 15.72% of revenue, and will enforce strict management to mitigate this risk[86]. Research and Development - The company has invested in R&D and marketing centers in Shenzhen to attract high-end talent and support long-term development[37]. - The company's R&D investment for 2017 was ¥23,403,694.02, representing 3.96% of total revenue, with a year-on-year increase of 19.96%[57]. - The company will increase its investment in the research and development of brushless DC motors and servo systems, focusing on applications in industrial automation and artificial intelligence[83]. Corporate Governance - The company is committed to maintaining high standards of corporate governance and transparency in its operations[165]. - The company operates independently from its controlling shareholder in terms of business, personnel, assets, and finance, ensuring no conflicts of interest or unfair transactions[184]. - The company has established a dedicated audit department that regularly reviews financial reports and internal controls, enhancing operational compliance[182]. - The company emphasizes transparent information disclosure, ensuring all shareholders have equal access to company information[182]. Employee and Management - The total number of employees in the company is 2,110, with 469 in the parent company and 1,641 in major subsidiaries[173]. - The company has established a comprehensive training system, focusing on professional skills, product knowledge, and management training[176]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounts to 429.72万元[172]. - The company has implemented a salary system that combines time-based and piece-rate pay for production personnel, ensuring that basic salaries meet local minimum wage standards[175]. Community Engagement - The company made a one-time donation of 200,000 to support flood relief efforts, receiving positive social feedback[130]. - In 2017, the company actively participated in poverty alleviation activities, helping two impoverished villages achieve poverty alleviation by the end of the year[132]. - The company allocated 60,000 for targeted poverty alleviation efforts, focusing on employment and financial support for impoverished households[134].

Financial Performance - Operating revenue for the reporting period was ¥151,775,230.26, representing an increase of 8.84% compared to the same period last year[7]. - Net profit attributable to shareholders of the listed company was ¥17,145,027.10, a decrease of 16.06% year-on-year[7]. - Basic earnings per share decreased by 32.26% to ¥0.21 compared to the same period last year[7]. - The net profit attributable to shareholders is expected to range from 60.76 million to 74.26 million RMB, reflecting a change of -10.00% to 10.00% compared to the previous year[20]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥670,420,018.79, an increase of 62.04% compared to the previous year[7]. - Net assets attributable to shareholders of the listed company amounted to ¥554,700,267.42, reflecting a growth of 127.20% year-on-year[7]. - Cash and cash equivalents increased by 319.84% compared to the beginning of the year, primarily due to funds raised from the initial public offering[16]. - Prepaid accounts increased by 194.28% compared to the beginning of the year, mainly due to increased payments for raw materials such as silicon steel and copper[16]. - Inventory grew by 44.1% compared to the beginning of the year, driven by increased orders and expanded production capacity[16]. - Fixed assets increased by 122.4% compared to the beginning of the year, mainly due to the purchase of property for the Shenzhen Bay R&D center[16]. - The capital reserve increased by 237.56% compared to the beginning of the year, attributed to the share premium from the initial public offering[16]. - Other payables increased by 130.68% compared to the beginning of the year, mainly due to increased intermediary fees related to the initial public offering[16]. Cash Flow - The net cash flow from operating activities was negative at -¥23,412,074.66, a decline of 287.25% year-on-year[7]. - Cash flow from operating activities decreased by 90.21% year-on-year, mainly due to advance payments for materials to lock in prices amid rising metal costs[16]. - Cash flow from investing activities decreased by 83.32% year-on-year, primarily due to significant payments made for the purchase of the Shenzhen Bay property[16]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 17,150[11]. - The top two shareholders, Nie Baosheng and Nie Pengju, hold 28.92% and 24.41% of shares respectively, indicating significant ownership concentration[11]. Financial Ratios - The weighted average return on net assets was 4.29%, down 5.45% from the previous year[7]. - Non-recurring gains and losses totaled ¥4,136,495.60 for the year-to-date[8]. - The company's financial expenses rose by 356.22% year-on-year, primarily due to interest from mortgage loans for the Shenzhen Bay property[16].