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GUIZHOU TAIYONG-CHANGZHENG TECHNOLOGY CO.(002927)
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泰永长征(002927) - 2021 Q4 - 年度财报
2022-04-21 16:00
Financial Performance - The company's operating revenue for 2021 was CNY 953,380,930.66, representing a 22.37% increase compared to CNY 779,118,593.56 in 2020[17]. - The net profit attributable to shareholders for 2021 was CNY 95,821,577.82, up 13.75% from CNY 84,236,226.69 in the previous year[17]. - The net cash flow from operating activities increased by 92.98% to CNY 52,321,544.64 in 2021, compared to CNY 27,112,397.21 in 2020[17]. - The basic earnings per share for 2021 was CNY 0.43, a 13.16% increase from CNY 0.38 in 2020[17]. - Total assets at the end of 2021 reached CNY 1,390,905,005.45, reflecting a 14.65% increase from CNY 1,213,131,482.21 at the end of 2020[17]. - The net assets attributable to shareholders increased by 8.86% to CNY 924,099,919.03 at the end of 2021, compared to CNY 848,894,205.10 at the end of 2020[17]. - The company reported a total revenue of 1.5 billion CNY for the year 2021, representing a year-over-year growth of 20%[195]. - The company reported a net profit of 1.5 billion yuan for the fiscal year 2021, representing a year-on-year increase of 20%[190]. Dividend Distribution - The company plans to distribute a cash dividend of CNY 1.20 per 10 shares, totaling CNY 26,784,109.08 based on 223,209,090 shares[5]. - The company reported a cash dividend of 1.20 yuan per 10 shares, amounting to a total cash dividend of 26,785,090.80 yuan, which represents 100% of the profit distribution total[151][152]. - The total distributable profit for the company was 179,454,864.80 yuan[152]. - The company has not proposed any cash dividend distribution plan despite having positive distributable profits for the reporting period[151]. Research and Development - The company is increasing its R&D investment and laboratory construction to enhance its technological innovation capabilities in the low-voltage distribution sector[28]. - Research and development expenses rose by 36.61% to ¥47,153,798.38 in 2021, reflecting increased investment in R&D[76]. - The number of R&D personnel rose to 181, a 19.08% increase from 2020, with a notable increase in the proportion of personnel under 30 years old by 137%[81]. - Research and development expenses increased by 30% to 300 million yuan, focusing on new technologies and product innovations[190]. Product Development and Innovation - The company has launched new products in the fields of power distribution and new energy charging, establishing a complete product line in the industry[28]. - The company has developed a smart distribution management cloud platform, enhancing its ability to provide customized solutions for various industries[29]. - The company has launched solid-state circuit breakers, leading the industry in this technology[38]. - New product launches included two innovative technology solutions aimed at enhancing operational efficiency, expected to contribute an additional 200 million CNY in revenue[196]. Market Strategy and Expansion - The company aims to become a leader in energy efficiency management and smart electrical solutions, focusing on the low-voltage distribution industry[26]. - The company is focusing on expanding its market presence in the smart grid and renewable energy sectors, aligning with national energy strategies[81]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[195]. - The company is committed to enhancing the competitiveness of its products through continuous upgrades in technology and production equipment[98]. Corporate Governance - The company has implemented a robust corporate governance structure, enhancing operational efficiency and compliance[116]. - The board of directors consists of 8 members, including 3 independent directors, ensuring compliance with legal requirements[117]. - The company maintains a complete separation from its controlling shareholder in terms of assets, personnel, finance, and operations[120]. - The company has established an independent financial department and maintains its own bank accounts, ensuring financial independence[121]. Risk Management - The company has faced risks related to future development, as outlined in the management discussion section of the report[5]. - The company anticipates risks from economic fluctuations due to COVID-19 and international disputes, which may impact market demand and procurement costs[110]. - The real estate market's downturn poses a risk to the low voltage electrical industry, prompting the company to diversify its business structure[110]. - The company faces risks from intensified market competition that could lead to a decline in gross margins, necessitating continued investment in R&D[112]. Sustainability and Social Responsibility - The company has been recognized as a green design demonstration enterprise by the Ministry of Industry and Information Technology, highlighting its commitment to sustainable practices[55]. - The company aims to integrate social responsibility into its business operations, focusing on customer satisfaction and sustainable development[172]. - The company has established a charitable fund to support underprivileged groups in western regions, including educational assistance and disaster relief efforts[178]. - The company has implemented an environmental management system in compliance with ISO 14001 standards, focusing on waste reduction and energy conservation[177]. Employee Management - The total number of employees at the end of the reporting period was 1,424, with 632 in the parent company and 792 in major subsidiaries[146]. - The company has established a comprehensive talent development plan focusing on leadership, R&D, marketing, and manufacturing training programs[149]. - The company’s employee compensation policy is designed to align with performance and company growth, ensuring competitive and fair remuneration[147]. - The company has not engaged in labor outsourcing during the reporting period[150]. Financial Management - The company has established a comprehensive internal control system that complies with relevant regulations and is continuously improved[161]. - The company reported a total asset amount that accounted for 100% of the consolidated financial statements[163]. - The company will ensure compliance with all relevant regulations during the share reduction process[188]. - The company has committed to ensuring the accuracy and completeness of its prospectus, bearing legal responsibility for any misstatements[189].
泰永长征(002927) - 2021 Q3 - 季度财报
2021-10-28 16:00
Financial Performance - The company's revenue for Q3 2021 reached ¥250,564,675.53, representing a 9.55% increase year-over-year[2] - Net profit attributable to shareholders was ¥31,852,876.17, up 13.34% compared to the same period last year[2] - The net profit excluding non-recurring items was ¥29,568,307.88, reflecting a 15.46% increase year-over-year[2] - Total operating revenue for the current period reached ¥686,466,319.22, an increase of 23.05% compared to ¥557,721,986.85 in the previous period[18] - Net profit for the current period was ¥87,307,570.77, representing a 11.66% increase from ¥78,477,657.70 in the previous period[19] - Basic and diluted earnings per share increased to ¥0.35 from ¥0.29, reflecting a growth of 20.69%[20] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,356,116,431.68, an increase of 11.79% from the end of the previous year[2] - The company's current assets totaled RMB 1,042,753,188.47, up from RMB 931,607,157.03 at the end of 2020, indicating an increase of about 11.9%[15] - Total liabilities reached RMB 388,615,929.78, up from RMB 298,387,012.04, which is an increase of approximately 30.3%[16] - The company's equity attributable to shareholders was RMB 904,497,712.57, compared to RMB 848,894,205.10 at the end of 2020, reflecting an increase of about 6.6%[17] Cash Flow - Cash flow from operating activities showed a net outflow of ¥902,583.10, a significant decline of 91.98% year-to-date[2] - Cash flow from operating activities showed a net outflow of ¥902,583.10, an improvement from a net outflow of ¥11,253,549.43 in the previous period[23] - Cash and cash equivalents decreased to RMB 140,673,714.30 from RMB 223,232,297.66, a decline of approximately 37.0%[14] - Cash and cash equivalents at the end of the period were ¥130,137,800.19, down from ¥137,910,172.46 at the end of the previous period[24] Operating Costs and Expenses - The company reported a 36.03% increase in operating costs, totaling ¥454,734,138.41, driven by sales growth[6] - Total operating costs amounted to ¥598,679,661.43, up 29.31% from ¥462,822,757.39 in the prior period[18] - Research and development expenses increased to ¥29,981,746.41, up 22.93% from ¥24,402,445.77 in the prior period[18] Government Support and Subsidies - The company received government subsidies amounting to ¥11,486,422.88, a 94.03% increase compared to the previous year[6] Changes in Management - The company appointed a new financial officer, Han Haifeng, on August 11, 2021, following the resignation of the previous officer[11] - The company held its second extraordinary general meeting on October 21, 2021, to elect new board members and complete the board restructuring process[12] Asset Quality - The company reported a decrease in credit impairment losses to ¥8,242,407.24 from ¥16,187,002.04, indicating improved asset quality[19] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] Audit and Compliance - The company has not undergone an audit for the third quarter report[29] - The company adopted new leasing standards starting from 2021, requiring adjustments to the balance sheet[25]
泰永长征(002927) - 2021 Q2 - 季度财报
2021-08-12 16:00
贵州泰永长征技术股份有限公司 2021 年半年度报告全文 贵州泰永长征技术股份有限公司 2021 年半年度报告 2021 年 08 月 1 贵州泰永长征技术股份有限公司 2021 年半年度报告全文 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、高级管理人员保证半年度报告内容的 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。 公司负责人黄正乾、主管会计工作负责人盛理平及会计机构负责人(会计 主管人员)盛理平声明:保证本半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。 本报告涉及未来计划等前瞻性的相关陈述,不构成对投资者的实质性承诺。 投资者及相关人士应对此保持足够的风险认知,并且应当理解计划、预测与承 诺之间的差异。 公司经营中可能存在的主要风险包括市场竞争风险、原材料价格波动风险、 应收账款发生坏账风险、毛利率下降风险、人才流失风险等。公司在本报告第 三节"管理层讨论与分析"之"十、公司面临的风险和应对措施",详细描述 了公司经营中可能存在的风险及应对措施,敬请投资者关注相关内容。 公司计划不派发现金红利,不送红股,不 ...
泰永长征(002927) - 2020 Q4 - 年度财报
2021-04-22 16:00
Financial Performance - The company's operating revenue for 2020 was ¥779,118,593.56, representing a 29.54% increase compared to ¥601,461,444.94 in 2019[21]. - The net profit attributable to shareholders for 2020 was ¥84,236,226.69, which is a 14.47% increase from ¥73,587,608.23 in 2019[21]. - The company achieved a basic earnings per share of ¥0.38 in 2020, up 15.15% from ¥0.33 in 2019[22]. - The total assets at the end of 2020 were ¥1,213,131,482.21, an 8.80% increase from ¥1,115,030,483.79 at the end of 2019[22]. - The company reported a total revenue of 1.5 billion yuan for the year 2020, representing a year-on-year growth of 15%[123]. - The company reported a net profit of CNY 300 million for 2020, with a profit margin of 20%[176]. Accounts Receivable and Cash Flow - The company's accounts receivable at the end of the reporting period amounted to 374.34 million RMB, accounting for 30.86% of total assets[6]. - The proportion of accounts receivable increased to 30.86%, up from 28.79% in the previous year, indicating a rise in credit sales[72]. - The net cash flow from operating activities decreased by 45.05% to ¥27,112,397.21 in 2020 from ¥49,336,397.06 in 2019[21]. - Operating cash inflow increased by 33.62% to ¥699,834,471.39, while operating cash outflow rose by 41.80% to ¥672,722,074.18, resulting in a net cash flow of ¥27,112,397.21, a decrease of 45.05% year-on-year[70]. Dividend Policy - The profit distribution plan approved by the board is to distribute a cash dividend of 1.2 RMB per 10 shares, based on a total of 223,663,700 shares[7]. - The company proposed a cash dividend of 1.2 CNY per 10 shares for the fiscal year 2020, totaling 26,839,644 CNY, which is 31.86% of the net profit attributable to shareholders[113]. - The company has maintained a cash dividend policy that complies with its articles of association and shareholder resolutions[109]. - The company has a policy that requires a minimum of 20% of profits to be distributed as cash dividends during its growth phase[115]. Market and Competition - The company faces risks from increased competition in the low-voltage electrical market, primarily from foreign and domestic enterprises[5]. - The company acknowledges significant uncertainties in achieving future development goals due to market conditions and macroeconomic factors[5]. - The company emphasizes the importance of improving operational scale and brand influence to compete effectively in the high-end market[5]. - The company has a strong competitive advantage in technology innovation and quality service within the domestic low-voltage electrical market[5]. Research and Development - The company continued to focus on R&D in smart electrical components and systems, aiming to establish a smart cloud platform ecosystem[28]. - Research and development expenses increased by 13.71% to ¥34,518,173.12, representing 4.43% of total operating revenue[68]. - The number of R&D personnel increased by 20.56% to 129, with R&D personnel accounting for 10.11% of the total workforce[68]. - The company is investing in research and development, allocating 100 million RMB to develop new technologies in the upcoming year[125]. Product Offerings - The company’s product offerings include power electrical appliances, distribution electrical appliances, complete equipment, and transformer equipment[28]. - The company produces dual power automatic transfer switches, including PC-level and CB-level products, with applications in critical power supply scenarios such as medical, rail transportation, and data centers[30]. - The TBBQ6 series PC-level dual power automatic transfer switch meets national standards AC-33A, designed for high reliability power distribution circuits[30]. - The company focuses on high-performance, high-reliability, digital, intelligent, and energy-saving low-voltage electrical products, targeting the mid-to-high-end market[38]. Strategic Acquisitions - The company acquired a 65% stake in Chongqing Yuantong in April 2019, adding transformer business to its main operations[19]. - The company acquired a 20% stake in Shenzhen Aerospace Tai Rui Jie Electronics Co., Ltd. in April 2020, which contributed to its investment income[26]. - The company completed the acquisition of a 20% stake in Shenzhen Aerospace Tai Rui Jie Electronics Co., Ltd., enhancing its technological capabilities[177]. Corporate Governance - The board of directors has confirmed that all members attended the meeting to review the annual report, ensuring accountability for its accuracy[4]. - The company has committed to ensuring the authenticity, accuracy, and completeness of information disclosed during major asset purchases, with a long-term commitment since March 17, 2019[118]. - The company guarantees that it will not engage in any activities that compete with the existing and future businesses of the listed company and its subsidiaries, with a long-term commitment since March 17, 2019[119]. - The company has established a clear commitment to timely disclosure of relevant information during the restructuring process[121]. Environmental and Social Responsibility - Environmental protection is prioritized, with the implementation of an environmental management system in compliance with ISO standards[171]. - The company has established a long-term mechanism for environmental protection management to support sustainable development[171]. - The company emphasizes the importance of social responsibility, aiming for harmonious development with society while pursuing economic benefits[171]. Future Outlook - The company provided a revenue guidance for 2021, projecting a growth rate of 10% to 12% compared to 2020[123]. - The company plans to implement a new customer loyalty program in 2021, which is expected to increase customer retention rates by 15%[123]. - The company is planning to expand its market presence in Southeast Asia, targeting a 5% market share within the next two years[123]. - The company aims to enhance brand strategy and focus on customer value to achieve rapid scale development in strategic niche markets[97].
泰永长征(002927) - 2021 Q1 - 季度财报
2021-04-22 16:00
Financial Performance - The company's operating revenue for Q1 2021 was ¥175,597,555.13, representing a 70.96% increase compared to ¥102,715,615.15 in the same period last year[8] - Net profit attributable to shareholders was ¥10,881,061.38, up 25.73% from ¥8,654,065.73 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥10,528,336.30, reflecting a 34.79% increase from ¥7,810,914.10 in the previous year[8] - The basic earnings per share increased to ¥0.0500, a rise of 25.00% compared to ¥0.0400 in the same period last year[8] - The company's operating revenue for the current period reached ¥175,597,555.13, representing a 71% increase compared to ¥102,715,615.15 in the same period last year[15] - The net profit for the first quarter of 2021 reached CNY 13,811,070.44, up from CNY 9,740,407.88 in the same period last year, representing a growth of approximately 42.4%[39] - The operating profit for the first quarter was CNY 14,887,888.77, compared to CNY 11,054,511.45 in the previous year, reflecting an increase of about 34.3%[39] - The total comprehensive income for the first quarter was CNY 13,811,070.44, compared to CNY 9,740,407.88 in the previous year, indicating a growth of approximately 42.4%[40] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,241,024,049.95, a 2.30% increase from ¥1,213,131,482.21 at the end of the previous year[8] - The total liabilities increased to CNY 311,521,465.70 from CNY 298,387,012.04, reflecting a growth of approximately 0.38%[32] - The total equity attributable to shareholders reached CNY 860,722,310.12, compared to CNY 848,894,205.10 in the previous period, showing an increase of about 1.0%[33] - The total non-current assets amounted to CNY 284,174,917.10, up from CNY 281,524,325.18, indicating a growth of approximately 1.0%[31] Cash Flow - The net cash flow from operating activities was -¥52,647,930.90, a decline of 90.95% compared to -¥27,571,324.64 in the same period last year[8] - The company reported a 101% increase in cash inflows from operating activities, totaling ¥168,374,835.64 compared to ¥83,950,713.12 in the previous year[16] - The total amount of cash outflows from operating activities was ¥221,022,766.54, a 98% increase from ¥111,522,037.76, mainly due to increased guarantee payments[16] - The company's cash and cash equivalents decreased by 49% to ¥113,728,679.67 from ¥223,232,297.66, primarily due to investments in financial products and increased guarantee payments[15] - The net increase in cash and cash equivalents was negative CNY 105,305,218.00, compared to a positive increase of CNY 30,590,533.36 previously[48] - The ending balance of cash and cash equivalents was CNY 104,695,640.34, down from CNY 232,204,194.06, a decrease of 54.9%[48] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,728[11] - The largest shareholder, Shenzhen Taiyong Technology Co., Ltd., held 54.25% of the shares, totaling 121,328,480 shares[11] Operating Costs and Expenses - Operating costs increased by 94% to ¥115,588,642.30 from ¥59,433,141.99, primarily due to the growth in business performance[15] - The company's total operating costs for the first quarter were CNY 158,830,739.06, up from CNY 90,224,637.05 in the previous year, reflecting an increase of about 76%[38] - Research and development expenses amounted to CNY 8,326,081.62, which is an increase from CNY 6,577,024.61 in the previous year, showing a growth of approximately 26.6%[38] Investment Performance - The company’s investment income showed a significant decline of 697%, resulting in a loss of ¥1,189,612.04 compared to a profit of ¥199,357.40 in the previous year[15] - The investment loss for the first quarter was CNY -1,189,612.04, compared to a gain of CNY 199,357.40 in the previous year, indicating a significant decline in investment performance[38] - The company has not engaged in any securities or derivative investments during the reporting period[18][19] Government Support - The company received government subsidies amounting to ¥472,882.19 during the reporting period[9]
泰永长征(002927) - 2020 Q3 - 季度财报
2020-10-29 16:00
Financial Performance - Operating revenue for the reporting period reached CNY 228,715,300.02, a year-on-year increase of 15.93%[8] - Net profit attributable to shareholders increased by 24.62% to CNY 28,102,946.16 for the reporting period[8] - The net profit after deducting non-recurring gains and losses rose by 27.62% to CNY 27,586,760.14[8] - Basic earnings per share increased by 24.06% to CNY 0.1258[8] - The company reported a total of RMB 15,420,000.00 in entrusted financial management, with RMB 10,300,000.00 from raised funds[34] - The total operating revenue for the current period reached ¥557,721,986.85, a significant increase of 37.2% compared to ¥406,185,616.47 in the previous period[57] - The net profit for the current period was ¥78,477,657.70, representing a 39.7% increase from ¥56,126,456.48 in the same period last year[59] - The profit attributable to the parent company's shareholders was ¥64,496,010.23, an increase of 25.1% compared to ¥51,516,560.64 in the previous period[60] Asset and Liability Management - Total assets increased by 8.18% to CNY 1,206,220,009.78 compared to the end of the previous year[8] - The company's total assets decreased by 30.58% in other current assets, primarily due to reduced cash management amounts[16] - Total liabilities amounted to CNY 302,760,031.58, up from CNY 272,672,420.31, which is an 11.0% increase[43] - Shareholders' equity increased to CNY 903,459,978.20 from CNY 842,358,063.48, showing a 7.3% growth[44] - The company’s total liabilities to equity ratio stands at approximately 0.33, indicating a relatively low leverage position[43] - The company has deferred income tax liabilities amounting to CNY 3,667,647.37, which may impact future tax obligations[75] Cash Flow Analysis - Cash flow from operating activities showed a significant decline of 55.93%, totaling CNY 7,646,245.36[8] - The net cash flow from operating activities was negative CNY 11,253,549.43, compared to a positive CNY 29,161,825.05 in the same period last year[66] - Cash inflow from investment activities totaled CNY 176,852,271.65, down from CNY 516,945,865.76 in Q3 2019, indicating a decline of about 65.8%[67] - Cash inflow from financing activities was CNY 27,154,120.00, significantly higher than CNY 5,680,000.00 in Q3 2019[67] - The ending cash and cash equivalents balance was CNY 137,910,172.46, down from CNY 145,552,625.83 at the end of Q3 2019[67] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,595[12] - The largest shareholder, Shenzhen Taiyong Technology Co., Ltd., holds 54.24% of the shares[12] - The company raised a total of RMB 346,591,000.00 from the public offering of 23.45 million shares at RMB 14.78 per share, with a net amount of RMB 310,549,038.00 after deducting issuance costs[31] Investment and Expansion Plans - The company plans to issue convertible bonds, pending approval from the China Securities Regulatory Commission[22] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[51] - The company has ongoing construction projects with capitalized costs of CNY 17,660,330.85, up from CNY 3,195,750.13, indicating a focus on expansion[42] Operational Efficiency - Operating costs amounted to ¥334,297,176.71, reflecting a 36.49% increase due to sales growth[16] - The company reported a significant increase in construction in progress, rising by 452.62% to ¥17,660,330.85, attributed to new factory construction[16] - The company achieved a gross profit margin of approximately 17.9% for the current period, compared to 12.8% in the previous period[50] Corporate Governance - The company has no violations regarding external guarantees during the reporting period[35] - There are no non-operating fund occupations by controlling shareholders or related parties reported[35] - The company’s board member Xu Chengbin resigned due to personal reasons, which will not affect the board's normal operations[25] - The company has not engaged in any securities or derivative investments during the reporting period[29][30]
泰永长征(002927) - 2020 Q2 - 季度财报
2020-08-18 16:00
贵州泰永长征技术股份有限公司 2020 年半年度报告全文 贵州泰永长征技术股份有限公司 2020 年半年度报告 2020-058 2020 年 08 月 1 贵州泰永长征技术股份有限公司 2020 年半年度报告全文 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、高级管理人员保证半年度报告内容的 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。 公司负责人黄正乾、主管会计工作负责人余辉及会计机构负责人(会计主管 人员)余辉声明:保证本半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。 公司已在本报告中详细描述可能存在的风险,具体详见"第四节 经营情况 讨论与分析 十、公司面临的风险和应对措施"。 公司计划不派发现金红利,不送红股,不以公积金转增股本。 2 | 第一节 | 重要提示、目录和释义 2 | | --- | --- | | 第二节 | 公司简介和主要财务指标 5 | | 第三节 | 公司业务概要 8 | | 第四节 | 经营情况讨论与分析 17 | | 第五节 | 重要事项 29 | | 第六节 | 股份变动及股东情 ...
泰永长征(002927) - 2020 Q1 - 季度财报
2020-04-26 16:00
贵州泰永长征技术股份有限公司 2020 年第一季度报告全文 贵州泰永长征技术股份有限公司 2020 年第一季度报告 2020-038 2020 年 04 月 1 贵州泰永长征技术股份有限公司 2020 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。 公司负责人黄正乾、主管会计工作负责人余辉及会计机构负责人(会计主管 人员)余辉声明:保证季度报告中财务报表的真实、准确、完整。 2 贵州泰永长征技术股份有限公司 2020 年第一季度报告全文 贵州泰永长征技术股份有限公司 2020 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 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入(元) | 102,715,615.15 | 68,278,185.20 | 50.44% | ...
泰永长征(002927) - 2019 Q4 - 年度财报
2020-04-09 16:00
Financial Performance - The company's operating revenue for 2019 was CNY 601,461,444.94, representing a 73.15% increase compared to CNY 347,364,304.93 in 2018[18]. - The net profit attributable to shareholders for 2019 was CNY 73,587,608.23, a slight increase of 0.61% from CNY 73,144,180.08 in 2018[18]. - The net profit after deducting non-recurring gains and losses was CNY 73,113,825.76, which is a 26.06% increase from CNY 58,000,814.34 in 2018[18]. - The net cash flow from operating activities surged by 687.18% to CNY 49,336,397.06, compared to CNY 6,267,490.99 in the previous year[18]. - Total assets at the end of 2019 reached CNY 1,115,030,483.79, marking a 35.13% increase from CNY 825,143,491.91 at the end of 2018[18]. - The net assets attributable to shareholders increased by 8.02% to CNY 793,923,208.68 from CNY 734,968,400.45 in 2018[18]. - The basic earnings per share for 2019 was CNY 0.43, a decrease of 2.27% from CNY 0.44 in 2018[18]. - The weighted average return on net assets was 9.61%, down from 11.21% in the previous year[18]. - The company reported a significant increase in transformer equipment sales, with a focus on S13 oil-immersed transformers, which are widely used in rural power distribution and industrial enterprises[39]. - The company achieved a net profit attributable to the parent company of CNY 73,587,608.23 in 2019, with a cash dividend payout of CNY 36,994,835.00, representing a payout ratio of 50.27%[123]. Acquisitions and Investments - The company acquired a 65% stake in Chongqing Yuantong, expanding its business to include transformer operations[16]. - The company completed the acquisition of 65% of Chongqing Yuantong in April 2019, expanding its product line and enhancing performance scale[50]. - The company acquired 65% of Chongqing Yuantong for cash of 101.5 million, becoming its controlling shareholder[42]. - Fixed assets increased by 103.34% compared to the beginning of the period due to the addition of new production lines and the acquisition of Chongqing Yuantong[42]. - Intangible assets rose by 195.13% compared to the beginning of the period, primarily from the acquisition of Chongqing Yuantong[42]. - The company completed the acquisition of 65% equity in Chongqing Yuantong for RMB 10,150,000, achieving 100% investment progress by April 25, 2019[86]. - The company is focusing on expanding its customer resources and developing new business segments through the acquisition of Chongqing Yuantong[96]. Research and Development - The company is focusing on the development of smart electrical components and systems, aiming to create an intelligent cloud platform ecosystem[27]. - The company has developed multiple core patented technologies in low-voltage electrical equipment, enhancing its competitive edge in the market[27]. - Research and development expenses increased by 52.36% to ¥30,356,305.23 due to the acquisition of Chongqing Yuantong[70]. - R&D investment increased by 52.36% to ¥30,356,305.23 in 2019, with R&D personnel rising by 18.89% to 107[71]. - The company plans to enhance its R&D capabilities and expand its product line to meet differentiated market demands in 2020[106]. - The company is investing heavily in R&D, allocating 8% of its revenue to develop new technologies and products in the upcoming year[132]. Product Development and Innovation - The company is focused on continuous innovation in product technology to maintain competitive advantages in the electrical equipment market[32]. - The company aims to establish a leading domestic brand in the low-voltage electrical industry, focusing on high-end market segments[27]. - The company launched new products in the new energy charging pile sector, including AC and DC charging piles, which began operations in 2019[54]. - The company aims to expand its market presence by enhancing product features to meet the demands of smart grid construction and industrial applications[33]. - The company plans to launch three new products in the upcoming quarter, which are anticipated to contribute an additional 5% to overall revenue[131]. Market Expansion and Strategy - The company is actively expanding into related businesses such as fire electrical equipment and new energy charging equipment, leveraging synergies for comprehensive electrical system solutions[27]. - The company plans to extend its product line and create new profit growth points to enhance shareholder value[100]. - The company plans to enhance its digital marketing efforts, increasing the budget by 25% to boost brand awareness and customer engagement[132]. - The company aims to improve operational efficiency, targeting a reduction in costs by 5% through process optimization initiatives[132]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[131]. Financial Management and Governance - The company has committed to minimizing related party transactions and ensuring fairness and legality in any unavoidable transactions[126]. - The company will notify the listed company of any business opportunities that may lead to competition and will adopt recognized solutions to avoid such competition[126]. - The company has a complete decision-making process for profit distribution, with independent directors fulfilling their responsibilities effectively[118]. - The company guarantees the authenticity, accuracy, and completeness of the information provided regarding the transaction, and will bear legal responsibility for any losses caused by misleading statements or omissions[126]. - The company will comply with relevant laws and regulations regarding share repurchase and shareholder stake increases[135]. Social Responsibility and Sustainability - The company emphasizes social responsibility and sustainable development in its operations[180]. - Environmental protection is a key focus, with the company implementing an environmental management system in compliance with ISO standards to minimize waste and energy consumption[187]. - The company is committed to sustainable practices, with plans to reduce operational carbon emissions by 30% over the next five years[131]. - Employee rights are prioritized, with a focus on fair compensation and performance-based incentives to enhance overall management and skill development[182]. Legal and Compliance - The company has maintained a clean integrity status, with no significant debts or court judgments unmet during the reporting period[154]. - The company has not experienced any major accounting errors requiring retrospective restatement during the reporting period[148]. - The company has faced regulatory scrutiny regarding information disclosure practices, leading to corrective actions[196]. - The company has committed to timely disclosure of information related to the restructuring process, ensuring accuracy and completeness[128].
泰永长征(002927) - 2019 Q3 - 季度财报
2019-10-29 16:00
贵州泰永长征技术股份有限公司 2019 年第三季度报告全文 贵州泰永长征技术股份有限公司 2019 年第三季度报告 2019-098 2019 年 10 月 1 贵州泰永长征技术股份有限公司 2019 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。 单位:人民币元 公司负责人黄正乾、主管会计工作负责人余辉及会计机构负责人(会计主管 人员)余辉声明:保证季度报告中财务报表的真实、准确、完整。 2 贵州泰永长征技术股份有限公司 2019 年第三季度报告全文 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产(元) | 1,060,247,615.55 | 825,143,491.91 | | 28.49% | | 归属于上市公 ...