SLAC(300382)

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斯莱克(300382) - 2022 Q2 - 季度财报
2022-08-28 16:00
Financial Performance - The company's operating revenue for the first half of 2022 was ¥658,763,071.11, representing a 69.33% increase compared to ¥389,052,096.31 in the same period last year[22]. - The net profit attributable to shareholders for the first half of 2022 was ¥78,134,438.84, a significant increase of 115.22% from ¥36,304,163.19 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥75,694,554.13, up 139.47% from ¥31,609,937.66 year-on-year[22]. - The basic earnings per share for the first half of 2022 was ¥0.13, reflecting a 116.67% increase compared to ¥0.06 in the same period last year[22]. - The total assets at the end of the reporting period were ¥2,900,933,074.56, an increase of 8.15% from ¥2,682,214,180.38 at the end of the previous year[22]. - The net assets attributable to shareholders at the end of the reporting period were ¥1,411,974,614.41, up 5.86% from ¥1,333,814,622.48 at the end of the previous year[22]. - The net cash flow from operating activities was negative at -¥71,407,991.31, a decline of 160.37% compared to a positive cash flow of ¥118,283,848.69 in the same period last year[22]. - The weighted average return on net assets was 5.64%, an increase of 2.34% from 3.30% in the previous year[22]. Investment and Capital Management - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[4]. - The company has invested RMB 91,221,321 to acquire a 55% stake in Changzhou Hesheng, focusing on the development of key equipment for square aluminum battery shells[41]. - The company has invested ¥292,742,041 in construction projects, which now accounts for 10.09% of total assets, up from 7.98% last year, an increase of 2.11%[77]. - Total fundraising amounted to ¥38,800 million, with ¥6,245.93 million invested during the reporting period and a cumulative investment of ¥30,724.76 million[85]. - The company has utilized ¥11,444.86 million of the raised funds for permanent working capital supplementation[85]. - The company has approved the use of up to ¥2.80 billion of idle raised funds for cash management, focusing on low-risk financial products[88]. - The company has committed RMB 11,640,000 for working capital, with 98.32% of this amount already utilized[90]. - The company has a total approved guarantee amount of 40,000,000 yuan, with an actual guarantee amount of 1,100,000 yuan during the reporting period[168]. Production and Operational Efficiency - The company achieved a maximum production efficiency of 11,200 caps per minute for its high-speed cap production equipment[30]. - The high-speed can production line can achieve a production efficiency of up to 3,000 cans per minute, placing it at the forefront of international standards[34]. - The digital printing mini-line can produce up to 200 cans per minute and has received the International Supplier Innovation Gold Award at the Cantech Grand Tour 2019[37]. - The company has developed a high-speed automated production method for electric vehicle battery shells, resulting in better consistency, higher efficiency, and lower relative costs compared to existing domestic market equipment[40]. - The company's automated battery shell production line enhances production efficiency and product quality consistency, addressing challenges in traditional single-machine production methods[62]. - The company's production efficiency for cap line equipment has increased from 600-700 caps per minute in 2004 to 4,500 caps per minute currently, showcasing significant technological advancement[64]. Market Trends and Industry Insights - The global beverage can market is projected to reach USD 50 billion, with an expected compound annual growth rate of 8.5% from 2021 to 2031[53]. - The demand for aluminum beverage cans in North America is expected to continue increasing over the next 5 to 10 years, driven by a shortage of approximately 10 billion cans in the food and beverage packaging industry[53]. - The company’s performance growth aligns with the development of the beverage can industry, with increasing demand for metal packaging due to environmental regulations and consumer trends[51]. - The food and beverage metal packaging industry in China is projected to achieve a total output of 119 billion units by 2022, with two-piece cans expected to reach 56 billion units[57]. - In June 2022, China's new energy vehicle production and sales reached 590,000 units, a year-on-year increase of 130%, with a market share of 23.8%[58]. - Global new energy vehicle sales reached approximately 4.087 million units in the first half of 2022, a year-on-year increase of 65%, with battery installation capacity at about 195.69 GWh, up 82%[61]. Risks and Challenges - The company faces risks from economic cycle fluctuations, which may impact market demand and fixed asset investment growth in downstream industries[102]. - High market concentration poses competition risks, with major competitors like STOLLE and DRT dominating the market for high-speed can production equipment[103]. - The company has a significant overseas revenue share, which exposes it to risks from international trade tensions and varying economic conditions in different countries[104]. - There is a risk of talent loss and core technology leakage, which could affect the company's competitive advantage and innovation capabilities[105]. - The company must align its R&D efforts with market demands to avoid potential declines in market share and adverse impacts on financial performance[107]. - Management risks may arise from the rapid expansion of the company's operations and investments, necessitating effective management systems[108]. Corporate Governance and Compliance - The company has implemented measures to reduce carbon emissions, ensuring compliance with national and local environmental regulations[140]. - The company emphasizes corporate social responsibility, focusing on employee development and maintaining a safe working environment[140]. - The company adheres to fair and transparent practices in shareholder meetings, ensuring the rights of all investors are respected[140]. - The company has committed to avoiding conflicts of interest and reducing related party transactions[143]. - The company guarantees fair market practices in related transactions to avoid harming the interests of other shareholders[144]. - The company will strictly avoid any actions that could lead to the misappropriation of funds from the listed company[144]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,892[197]. - The largest shareholder, Kolaise Limited, holds 50.46% of the shares, totaling 292,894,080 shares[198]. - The second-largest shareholder, Hong Kong Central Clearing Limited, holds 2.34% of the shares, totaling 13,609,520 shares[198]. - The company has a total of 7 million shares held by the National Social Security Fund, accounting for 1.21%[198]. - The total number of shares held by the top 10 unrestricted shareholders amounts to 350,000,000 shares[199]. - The company has not conducted any repurchase transactions among the top 10 ordinary shareholders during the reporting period[200].
斯莱克(300382) - 2022 Q1 - 季度财报
2022-04-27 16:00
Financial Performance - The company's operating revenue for Q1 2022 was CNY 292,051,543.74, representing a 56.88% increase compared to CNY 186,159,211.88 in the same period last year[4] - Net profit attributable to shareholders was CNY 43,594,632.54, a significant increase of 177.31% from CNY 15,720,584.04 year-on-year[4] - Basic earnings per share increased to CNY 0.08, up 166.67% from CNY 0.03 in the same quarter last year[4] - Operating profit for the quarter was ¥52,726,499.18, up from ¥20,520,886.19, reflecting a growth of 156% year-over-year[33] - Net profit attributable to the parent company was ¥43,594,632.54, compared to ¥15,720,584.04 in Q1 2021, marking an increase of 177%[33] - The company recorded a total comprehensive income of ¥42,367,561.22, significantly higher than ¥14,135,161.61 in Q1 2021[33] Cash Flow - The net cash flow from operating activities was -CNY 51,952,312.51, a decline of 92.02% compared to -CNY 27,055,369.83 in the previous year[4] - The company reported a net cash outflow from operating activities of ¥51,952,312.51, worsening from a net outflow of ¥27,055,369.83 in the previous year[36] - The net cash flow from financing activities increased to 45,211,087.73 from 8,965,878.00 year-over-year[37] - The company's net increase in cash and cash equivalents was -81,204,188.86, compared to -139,993,457.32 in the previous year[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,705,794,546.12, reflecting a 0.88% increase from CNY 2,682,214,180.38 at the end of the previous year[4] - The company's current assets decreased to CNY 1,738,876,573.58 from CNY 1,766,164,801.65 at the beginning of the year, reflecting a decline of approximately 1.55%[29] - The company's total liabilities decreased to CNY 1,288,520,382.75 from CNY 1,340,007,340.64, a reduction of approximately 3.85%[30] - The company's non-current assets totaled CNY 966,917,972.54, an increase from CNY 916,049,378.73 at the beginning of the year, reflecting a growth of about 5.6%[30] Shareholder Information - The total number of common shareholders at the end of the reporting period was 15,927[14] - The largest shareholder, Kolaise Limited, holds 50.46% of the shares, totaling 292,894,080 shares, with 13,500,000 shares pledged[14] - The second-largest shareholder, Hong Kong Central Clearing Limited, holds 3.12% of the shares, totaling 18,116,222 shares[14] - The company has no preferred shareholders as of the reporting period[16] Research and Development - The company reported a 37.09% increase in R&D expenses, totaling CNY 9,389,595.71, compared to CNY 6,849,034.52 in the previous year[10] - Research and development expenses increased to ¥9,389,595.71, up from ¥6,849,034.52, indicating a rise of 37% year-over-year[32] Government Subsidies - The company received government subsidies amounting to CNY 2,985,958.94, which is an increase of 182.31% compared to CNY 1,057,671.19 in the previous year[10] Stock and Incentives - The company granted 2,270,102 restricted shares to 66 incentive recipients on March 10, 2022[19] - The company’s stock incentive plan was approved by the shareholders on January 17, 2022[18] - The company has initiated a stock issuance plan to specific targets, with relevant proposals approved by the board[20] Other Financial Metrics - The gross profit margin improved, contributing to a total profit of CNY 52,731,554.42, which is a 159.51% increase from CNY 20,320,003.19 year-on-year[10] - The company plans to invest CNY 30 million as an intention fee for a potential acquisition of Dongguan Ali Automation Co., Ltd. to enhance its capabilities in the new energy battery shell business[26] - The company has extended the timeline for some fundraising investment projects to March 2023[25]
斯莱克(300382) - 2021 Q4 - 年度财报
2022-04-24 16:00
Financial Performance - The company reported a profit distribution plan of cash dividends of RMB 0.50 per 10 shares (including tax) based on a total of 577,629,257 shares[4]. - The company's operating revenue for 2021 was CNY 1,003,491,520, representing a 13.66% increase compared to CNY 882,865,571 in 2020[19]. - The net profit attributable to shareholders for 2021 was CNY 107,425,323, an increase of 67.95% from CNY 64,840,983.5 in 2020[19]. - The net cash flow from operating activities for 2021 was CNY 217,625,157, reflecting a 69.01% increase from CNY 128,762,690 in 2020[19]. - The basic earnings per share for 2021 was CNY 0.19, up 72.73% from CNY 0.11 in 2020[19]. - Total assets at the end of 2021 reached CNY 2,682,214,180, a 21.72% increase from CNY 2,203,602,540 at the end of 2020[19]. - The company's net profit after deducting non-recurring gains and losses for 2021 was CNY 104,068,407, an increase of 86.67% from CNY 56,626,707.2 in 2020[19]. - The weighted average return on equity for 2021 was 9.22%, compared to 6.40% in 2020[19]. - The company reported a total of CNY 3,356,916.09 in non-recurring gains for 2021, down from CNY 8,214,267.97 in 2020[25]. - The company achieved operating revenue of 1,003.49 million yuan, a year-on-year increase of 13.66%[79]. - The net profit attributable to shareholders reached 107.43 million yuan, up 67.95% compared to the previous year[79]. - Total assets amounted to 2,682.21 million yuan, reflecting a year-on-year growth of 21.72%[79]. - The gross profit margin increased by 3% compared to the previous year, recovering from a decline due to the pandemic[79]. - The company reported a total revenue of 1.2 billion RMB for the year 2021, representing a year-on-year growth of 15%[162]. - The net profit for 2021 was 200 million RMB, an increase of 20% compared to the previous year[162]. Market and Industry Insights - The company operates in the precision equipment sector, focusing on advanced manufacturing technologies[14]. - The company operates in the metal packaging industry, focusing on the production of high-speed easy-open lids and cans, and has expanded into the intelligent production lines for new energy battery shells[29]. - The global beverage can market is projected to reach $50 billion by 2021, with a compound annual growth rate (CAGR) of 8.5% from 2021 to 2031[31]. - China's soft drink market revenue reached ¥991.4 billion in 2019, with an average annual growth rate of 5.9% from 2014 to 2019, expected to reach ¥1,323 billion by 2024[32]. - The beer canning rate in China has increased from 15% in 2004 to approximately 30% currently, indicating significant growth potential compared to Japan's 90% and the global average of 50%[36]. - The global demand for power batteries is projected to exceed 650 GWh by 2022, with China maintaining its position as the largest market, holding over 50% market share[41]. - The company forecasts that by 2022, the domestic food and beverage metal packaging industry will achieve a total output of 119 billion units, with two-piece cans expected to reach 56 billion units[36]. - The domestic production of battery shells is primarily based on slow, single-machine production, leading to high costs and inefficiencies; the company aims to enhance production efficiency through automation technology[42]. Strategic Plans and Investments - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[28]. - The company is investing $50 million in R&D for new technologies aimed at improving product efficiency and sustainability[46]. - The company plans to enhance its supply chain efficiency, aiming for a 10% reduction in operational costs[46]. - The company aims to achieve a 55% reduction in greenhouse gas emissions by 2030, in line with EU regulations[47]. - The company is actively pursuing the acquisition of Dongguan Ali's square shell business to enhance production efficiency and capacity for square battery shells[139]. - The company plans to establish ten square shell production lines in Changzhou Laisheng, with production expected to commence in 4-6 months[139]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 500 million yuan allocated for potential deals[165]. - The company aims to explore new business opportunities in the new energy battery shell sector, but may encounter significant challenges in market development and project management[156]. Research and Development - The company invested 38.35 million yuan in R&D, representing a 27.13% increase from the previous period[85]. - The company is investing heavily in R&D, with a budget increase of 15% to 300 million yuan for new technology development[165]. - The company has developed high-speed production equipment for easy-open lids, achieving a maximum production efficiency of 11,200 lids per minute with a mold number of up to 28[48]. - The company has developed a dual-direction double-stretching machine that operates at double the speed of traditional machines, improving production efficiency and reducing energy consumption by over 15%[75]. - The company has established a strong intellectual property portfolio with multiple patents in key processes such as stamping and forming, enhancing its competitive edge in the market[70]. - The company is focusing on technological collaboration with leading enterprises in the battery supply chain to develop new materials and processes, including a new sealing technology[139]. Corporate Governance and Compliance - The company strictly adheres to regulations and has established a sound corporate governance structure, ensuring compliance with relevant laws and regulations[169]. - The board of directors consists of 7 members, including 3 independent directors, and has established four specialized committees[170]. - The company has implemented a performance evaluation and incentive mechanism for senior management, ensuring transparency and compliance with legal standards[171]. - The company emphasizes timely and accurate information disclosure, utilizing designated platforms for investor communication[171]. - The company maintains complete independence from its controlling shareholder, with no interference in business operations or decision-making[174]. - The company has established a robust governance structure, including a board of directors and supervisory board, compliant with legal regulations[175]. Risks and Challenges - The company faces risks from economic cycle fluctuations affecting market demand in the metal packaging industry, influenced by fixed asset investment growth rates[147]. - The company operates in a highly concentrated market with significant competition from established international players, which poses a risk to its market share[148]. - The company is at risk of talent loss and core technology leakage, which could impact its competitive advantage and innovation capabilities[151]. - The company must accurately grasp market demand trends to avoid potential declines in market share and operational performance[152]. - The company faces increased operational cost risks due to rising depreciation, labor, and management expenses as fixed assets and production capacity expand[155]. - The company is at risk of reduced government subsidies if there are unfavorable changes in policies supporting the intelligent equipment manufacturing industry[158].
斯莱克(300382) - 2021 Q3 - 季度财报
2021-10-26 16:00
Financial Performance - The company's operating revenue for Q3 2021 was CNY 277,002,170.79, representing a year-on-year increase of 23.93%[4] - The net profit attributable to shareholders for Q3 2021 was CNY 38,175,056.42, a significant increase of 159.24% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 38,568,348.63, up 183.99% year-on-year[4] - The basic earnings per share for Q3 2021 was CNY 0.06, representing a 200.00% increase year-on-year[4] - Total operating revenue for the current period reached ¥666,054,267.10, an increase of 9.87% compared to ¥606,189,574.39 in the previous period[26] - Net profit for the current period was ¥71,051,887.69, an increase of 26.38% compared to ¥56,248,902.43 from the previous period[27] - Basic and diluted earnings per share improved to ¥0.13, up from ¥0.10 in the previous period[28] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period reached CNY 139,961,994.68, a remarkable increase of 363.72%[4] - Cash flow from operating activities generated a net amount of ¥139,961,994.68, a turnaround from a negative cash flow of ¥53,071,746.56 in the prior period[31] - Cash and cash equivalents at the end of the period totaled ¥329,327,847.20, compared to ¥318,588,398.61 at the end of the previous period[32] - The company's current assets totaled CNY 1,868,639,907.64 as of September 30, 2021, compared to CNY 1,656,969,701.65 at the end of 2020, indicating an increase of about 12.7%[22] - Total assets at the end of Q3 2021 amounted to CNY 2,575,609,200.06, reflecting a growth of 16.88% from the end of the previous year[4] Liabilities and Equity - The total liabilities increased to CNY 1,333,900,003.93 as of September 30, 2021, compared to CNY 1,058,694,368.84 at the end of 2020, marking an increase of around 26.0%[24] - The company's equity attributable to shareholders reached CNY 1,190,642,893.33 as of September 30, 2021, up from CNY 1,082,367,163.86 at the end of 2020, representing a growth of approximately 10.0%[24] - The company's equity attributable to shareholders increased to CNY 1,190,642,893.33, marking a 10.00% rise compared to the end of the previous year[4] Inventory and Prepayments - The company reported a significant increase in inventory, which rose by 32.84% to CNY 821,160,344.03 due to increased orders[7] - The inventory value rose to CNY 821,160,344.03 as of September 30, 2021, up from CNY 618,169,507.13 at the end of 2020, reflecting a growth of approximately 32.8%[22] - The company experienced a 175.89% increase in contract liabilities, reaching CNY 357,049,702.30, driven by an increase in customer prepayments[7] - The company reported a significant increase in prepayments, which rose to CNY 206,254,620.07 as of September 30, 2021, compared to CNY 73,467,605.15 at the end of 2020, indicating a growth of approximately 180.5%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 10,396[10] - The largest shareholder, Kolaise Co., Ltd., holds 51.15% of shares, totaling 292,894,080 shares, with 13,500,000 shares pledged[10] - The top ten shareholders collectively hold significant stakes, with the largest shareholder alone holding over half of the total shares[11] - The company has no known relationships or agreements among other shareholders that would classify them as acting in concert[11] Strategic Initiatives and Investments - The company plans to invest an additional 10.5 million RMB to expand battery shell production capacity as part of a strategic cooperation agreement[16] - A new high-end equipment manufacturing and R&D center is planned in Haikou, with the establishment of a wholly-owned subsidiary completed[17] - The company signed a new investment agreement with the Management Committee of the Wujin Green Building Industrial Cluster Demonstration Zone, reflecting ongoing strategic partnerships[18] Debt and Financing - The company’s short-term borrowings decreased by 38.61% to CNY 191,964,971.93 as part of a strategy to adjust its debt structure[7] - The company has not exercised the early redemption rights for the convertible bonds as of the latest board meetings[13][14] - The company is in the process of issuing shares to specific investors, with related proposals approved by the board and shareholders[15] Research and Development - Research and development expenses increased to ¥29,292,129.15 from ¥25,279,453.74, indicating a focus on innovation and product development[27] Other Information - The third quarter report of Suzhou Sileck Precision Equipment Co., Ltd. has not been audited[33] - The company has implemented the new leasing standards starting from 2021, with no retrospective adjustments to prior comparative data[33] - The financial statements for the first year of the new leasing standards have been adjusted accordingly[33] - The board of directors announced the third quarter report on October 27, 2021[33] - There are no applicable adjustments related to the new leasing standards for the current financial year[33] - The company did not provide any specific performance metrics or user data in the report[33] - Future outlook and performance guidance were not discussed in the provided content[33] - No new products or technologies were mentioned in the report[33] - There were no details on market expansion or mergers and acquisitions in the content[33] - The report does not include any new strategic initiatives[33]
斯莱克(300382) - 2021 Q2 - 季度财报
2021-08-23 16:00
Financial Performance - The company's operating revenue for the reporting period was ¥389,052,096.31, representing a 1.67% increase compared to ¥382,667,295.50 in the same period last year[21]. - The net profit attributable to shareholders decreased by 13.73% to ¥36,970,533.34 from ¥42,853,485.00 year-on-year[21]. - The net profit after deducting non-recurring gains and losses was ¥32,276,307.81, down 16.67% from ¥38,732,779.73 in the previous year[21]. - The net cash flow from operating activities significantly improved to ¥118,283,848.69, a 368.50% increase from a negative cash flow of ¥44,053,424.24 in the same period last year[21]. - Total assets increased by 11.35% to ¥2,453,787,377.95 from ¥2,203,602,541.63 at the end of the previous year[21]. - The company's basic earnings per share decreased by 12.50% to ¥0.07 from ¥0.08 year-on-year[21]. - The company reported a total of ¥4,694,225.53 in non-recurring gains and losses for the reporting period[26]. - Operating costs decreased by 0.85% to ¥235.74 million from ¥237.75 million year-over-year[46]. - The net increase in cash and cash equivalents was ¥24.26 million, a 123.99% improvement from a decrease of ¥101.13 million in the previous year[46]. - The company reported a significant increase in investment income, which rose by 196.02% to ¥197,820.28 from a loss of ¥206,009.59 in the previous year[47]. Research and Development - R&D investment accounted for 4.26% of the company's revenue during the reporting period, focusing on improvements in can and lid production technology, digital printing equipment, and battery shell production lines[42]. - Research and development expenses increased by 13.02% to ¥17.98 million, up from ¥15.91 million in the previous year[46]. - The company is focusing on enhancing its R&D capabilities to meet the increasing demands for product performance and customization in the fast-evolving market[81]. - New product development initiatives are underway, with an investment of 100 million RMB allocated for R&D in advanced manufacturing technologies[121]. Market Position and Strategy - The company is engaged in the research, design, and production of high-speed metal packaging equipment, including easy-open lids and cans, and is expanding into related fields such as new energy battery shell production lines[29]. - The company is positioned in a market that has historically relied on imports for high-speed production equipment, indicating a strategic opportunity for domestic manufacturing[38]. - The domestic aluminum two-piece can market is expected to grow significantly, with a projected market size reaching approximately 27.03 billion yuan by 2025[38]. - The company is expanding its investment in the new energy sector, specifically in cylindrical battery shell manufacturing, leveraging its existing technology[81]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2022[121]. - A strategic acquisition of a local competitor is being considered to enhance market capabilities and product offerings[121]. Risks and Challenges - The report includes a section on risks faced by the company and corresponding countermeasures[4]. - The company faces risks related to market competition, particularly from established players like STOLLE and CMB Engineering, which dominate the market[79]. - The company has experienced management challenges due to rapid growth, necessitating improvements in its organizational structure to manage expanded operations effectively[81]. - The company faces risks related to human resources, particularly in acquiring skilled talents in precision machinery, automation, and project management as business scales up[82]. - Operating costs are expected to increase due to rising depreciation, labor, and management expenses, which may lead to a decrease in profit margins[82]. Corporate Governance and Compliance - The company’s financial report is guaranteed to be true, accurate, and complete by its board of directors and management[3]. - The company emphasizes corporate social responsibility and has established a comprehensive internal management system to enhance governance and protect investor rights[115]. - The company maintains a quality management system to ensure product safety and customer satisfaction, thereby enhancing its corporate image[116]. - There are no penalties or rectification measures reported during the period, reflecting compliance with regulatory standards[132]. Shareholder and Investor Relations - The company has a dedicated contact for investor relations, Wu Xiaoyan, reachable at stock@slac.com.cn[17]. - The company is committed to transparency and regular communication with its investors through various channels[1]. - The company has engaged with various institutional investors, indicating strong interest in its performance and future strategies[1]. - The company plans to issue convertible bonds to fund the production line projects for cans, lids, and battery shells, with the total amount expected to be between 60 million to 80 million USD for the period from 2021 to 2024[152]. Stock Options and Incentives - The company plans to grant 1.2 million stock options under the 2016 stock option incentive plan, with 120,000 options reserved[94]. - The company has implemented a stock option incentive plan to motivate and retain key employees[94]. - The company approved the cancellation of 1,068,903 stock options from the first exercise period of the 2016 stock option incentive plan, with actual exercise being 0[96]. - The company canceled 921,938 stock options from the third exercise period of the 2016 stock option incentive plan due to not meeting exercise conditions[97]. Financial Management - The company has a total borrowing balance of RMB 40 million listed as current liabilities due within one year[56]. - As of June 30, 2021, the company has a long-term borrowing balance of RMB 67 million[58]. - The total amount of raised funds is RMB 388 million, with RMB 55.67 million invested during the reporting period[63]. - The company has approved the use of up to RMB 280 million of idle raised funds for cash management, focusing on low-risk financial products[66]. - The company has not engaged in derivative investments during the reporting period[74]. Legal Matters - The company is actively pursuing legal avenues to recover funds lost due to a telecom fraud incident, with a significant chance of success[131]. - The company has initiated legal proceedings in Ukraine to recover the lost funds, with a court ruling to seize approximately 58.25 million Ukrainian Hryvnias (around $2.05 million) from the fraudster's account[157]. - The company’s legal actions against NIDEC MINSTER LLC resulted in a court ruling that dismissed NIDEC's appeal against the recovery of the lost funds[158].
斯莱克(300382) - 2020 Q4 - 年度财报
2021-04-27 16:00
Financial Performance - The company's operating revenue for 2020 was ¥882,865,571.55, representing an increase of 11.50% compared to ¥791,816,675.64 in 2019[17]. - The net profit attributable to shareholders for 2020 was ¥64,840,983.53, a decrease of 33.43% from ¥97,398,165.53 in 2019[17]. - The net profit after deducting non-recurring gains and losses was ¥56,626,707.21, down 35.12% from ¥87,284,008.42 in 2019[17]. - The company's total assets increased by 13.73% to ¥2,203,602,541.63 at the end of 2020, compared to ¥1,937,492,318.81 at the end of 2019[17]. - The basic earnings per share for 2020 was ¥0.11, a decline of 35.29% from ¥0.17 in 2019[17]. - The company reported a net cash flow from operating activities of ¥128,762,690.08, which is a decrease of 17.14% from ¥155,390,975.03 in 2019[17]. - The company's gross profit margin decreased by 6.22% compared to the previous year, primarily due to increased operating costs and the impact of the pandemic[44]. - The company's total revenue for 2020 was CNY 767,687,348.40, representing a year-on-year increase of 7.41%[61]. - The specialized equipment manufacturing segment generated 767.69 million RMB, accounting for 86.95% of total revenue, with a year-on-year growth of 7.41%[58]. - The company reported a significant increase in sales of easy-open can production equipment and parts, with revenue rising by 99.44% to CNY 98,342,976.67[61]. Dividend Distribution - The company reported a profit distribution plan of cash dividends of 0.25 RMB per 10 shares, based on a total of 559,067,335 shares[5]. - The cash dividend payout ratio for 2020 was 21.56% of the net profit attributable to the company's ordinary shareholders, which was RMB 64,840,983.53[128]. - The company distributed cash dividends of RMB 0.25 per share (including tax), totaling RMB 13,976,683.38, based on a share base of 559,067,335 shares after repurchase[126]. - In 2019, the company distributed cash dividends of RMB 0.35 per share, totaling RMB 19,527,106.73, with a payout ratio of 20.05%[128]. - The company has maintained a consistent cash dividend policy over the past three years, with varying amounts per share[128]. Research and Development - R&D investment accounted for 3.42% of the operating revenue in 2020, with total R&D expenditure of CNY 3,016.83 million[38][44]. - The company has a total of 174 authorized patents, including 48 invention patents, reflecting its strong R&D capabilities[41][46]. - The number of R&D personnel was 293, representing 28.64% of the total workforce[72]. - The company is involved in the research and development of artificial intelligence equipment and automation control systems[99]. - The company is focusing on the development of electric vehicle batteries and components, as well as smart devices and industrial robots[100]. Business Expansion and Innovation - The company is expanding its business into new areas such as new energy battery shell production lines and industrial internet applications[26]. - The company has developed high-speed production equipment for easy-open lids and cans, achieving production speeds of up to 11,200 lids per minute[26]. - The company has launched a digital printing mini-line for cans, achieving a production efficiency of 200 cans per minute and enabling same-day delivery, with print quality reaching a resolution of 600 DPI[29]. - The company has developed an automated production line for battery shells, which is currently in production and has begun supplying samples to major domestic clients, including a recent order from CATL[30]. - The company plans to enhance its smart manufacturing systems to improve remote installation and maintenance capabilities, leveraging advancements in industrial internet technologies[45]. Financial Management and Investments - The company has successfully issued 3.88 million convertible bonds, raising a total of 388 million RMB to support production lines and working capital[55]. - The company has invested CNY 8 billion in a project to produce 3 billion cylindrical battery steel shells annually, which is expected to enhance its competitiveness in the new energy vehicle sector[47]. - The company has committed RMB 116.40 million from the raised funds for permanent working capital supplementation, reflecting a strategic approach to manage operational funding needs[89]. - The company has not utilized idle raised funds for temporary working capital supplementation as of December 31, 2020[89]. - The company plans to publicly issue convertible bonds to fund the production line projects for cans, lids, and battery shells, and to supplement working capital, with the proposal approved by the board on June 21, 2019[186]. Corporate Governance and Compliance - The company has maintained a continuous relationship with its auditing firm for 12 years, ensuring consistent oversight of financial practices[137]. - The company has committed to enhancing internal management practices following a warning from regulatory authorities regarding information disclosure[140]. - The company has not reported any violations of stock trading regulations by its directors or major shareholders[140]. - The company has outlined a plan for repurchasing shares if any misleading information is found in its prospectus, ensuring investor protection[131]. - The company is committed to linking the performance of its equity incentive policies to the execution of immediate return measures[133]. Market Challenges and Risks - The company faces intense competition from established international players like STOLLE and CMB Engineering, which dominate the market with their advanced technology and experience[115]. - The overseas sales revenue constitutes a high proportion of the company's total revenue, exposing it to various international economic and political risks[116]. - The company has initiated investments in the production of cylindrical battery shells for electric vehicles, but faces risks if it cannot secure sufficient orders or partnerships in this new sector[117]. - Rising operational costs, including labor and depreciation expenses, may pressure profit margins as the company expands its production capacity[118]. - The company is at risk of talent loss and core technology leakage, which could undermine its competitive advantage and innovation capabilities[117]. Subsidiaries and Acquisitions - The company has successfully integrated new subsidiaries into its consolidated financial statements, including Xi'an Silek Defense Technology Co., Ltd. and Jiangsu Zhengyan Digital Technology Co., Ltd.[136]. - The company has acquired full ownership of Xi'an Slaik Defense Technology Co., Ltd., which is expected to positively impact its overall production and performance[102]. - The subsidiary Sleck (USA) reported a net loss of CNY 10,628,061, indicating challenges in the North American market[96]. - The company has established a digital can printing business, launching an automated production line for customized cans, enhancing its competitive edge in the market[49]. - The company has signed a strategic cooperation agreement to invest 280 million RMB in a new energy battery shell project in Changzhou, covering an area of about 50 acres[49].
斯莱克(300382) - 2021 Q1 - 季度财报
2021-04-27 16:00
Financial Performance - The company's operating revenue for Q1 2021 was ¥186,159,211.88, a decrease of 0.58% compared to ¥187,243,668.84 in the same period last year[7] - Net profit attributable to shareholders increased by 110.32% to ¥16,049,958.80 from ¥7,631,377.01 year-on-year[7] - The net profit after deducting non-recurring gains and losses surged by 288.89% to ¥15,389,112.87 compared to ¥3,957,207.80 in the previous year[7] - Basic and diluted earnings per share both increased by 200.00% to ¥0.03 from ¥0.01 year-on-year[7] - The company reported a significant increase in revenue for Q1 2021, achieving a total of 1.5 billion RMB, representing a year-over-year growth of 25%[21] - The company reported a revenue of 100 million yuan in Q1 2021, reflecting a year-over-year growth of 20%[23] - Net profit for Q1 2021 was CNY 14,762,102.22, an increase of 126.5% compared to CNY 6,508,921.31 in the same period last year[42] - The company's operating profit rose to CNY 21,122,332.77, up from CNY 11,169,937.94, marking an increase of 89.1%[42] Cash Flow and Assets - The net cash flow from operating activities improved by 51.36%, reaching -¥27,055,369.83, compared to -¥55,619,965.89 in the same period last year[7] - The company's cash and cash equivalents decreased by 33.36% to ¥279.62 million due to ongoing investments in projects and increased procurement for existing orders[15] - Cash inflow from operating activities amounted to CNY 257,485,866.61, an increase from CNY 147,322,115.44 in the previous period, representing a growth of approximately 74.8%[48] - Cash outflow from operating activities totaled CNY 284,541,236.44, up from CNY 202,942,081.33, indicating a rise of about 40.1%[49] - The net cash flow from operating activities was negative CNY 27,055,369.83, an improvement from negative CNY 55,619,965.89 in the previous period[49] - The cash and cash equivalents at the end of the period were CNY 279,623,020.72, down from CNY 419,616,478.04 at the beginning of the period[50] Shareholder Information - The total number of common shareholders at the end of the reporting period was 9,958[11] - The largest shareholder, Kolaise Limited, held 53.47% of the shares, amounting to 301,860,080 shares[11] - The company has implemented measures to ensure immediate returns for shareholders, linking executive compensation to performance metrics[24] Investments and R&D - The company has invested 200 million RMB in R&D for new technologies, focusing on automation and smart manufacturing solutions[21] - The company plans to invest 50 million yuan in R&D for new technologies in the upcoming fiscal year[23] Market Expansion and Strategy - The company is expanding its market presence, targeting new regions in Southeast Asia, with plans to establish a local office by the end of Q2 2021[21] - A strategic acquisition is in progress, with the company planning to acquire a competitor in the precision equipment sector, expected to enhance market share by 10%[21] - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance the company's production capacity by 40%[24] Financial Position - Total assets at the end of the reporting period were ¥2,241,053,338.53, reflecting a 1.70% increase from ¥2,203,602,541.63 at the end of the previous year[7] - Total liabilities as of March 31, 2021, were CNY 1,084,258,059.70, compared to CNY 1,058,694,368.84 at the end of 2020, marking an increase of about 2.4%[35] - The company's total assets reached CNY 2,241,053,338.53, up from CNY 2,203,602,541.63, reflecting a growth of approximately 1.7%[36] - The total owner's equity increased to CNY 1,156,795,278.83 from CNY 1,144,908,172.79, reflecting a growth of approximately 1.0%[36] Operational Efficiency - The gross margin for Q1 2021 improved to 35%, up from 30% in the previous year, reflecting better cost management and pricing strategies[21] - The company has set a target to reduce operational costs by 15% over the next year through efficiency improvements and process optimization[21] Compliance and Governance - The company has committed to reducing related party transactions, ensuring compliance with market principles and fair pricing[22] - The company has not reported any violations regarding external guarantees during the reporting period[28] - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[29] - The company has conducted multiple investor communications and site visits during the reporting period[30]
斯莱克(300382) - 2020 Q3 - 季度财报
2020-10-29 16:00
Financial Performance - Operating revenue for the period was CNY 223,522,278.89, up 17.47% year-on-year[8] - Net profit attributable to shareholders decreased by 47.44% to CNY 14,725,817.06 compared to the same period last year[8] - Basic earnings per share fell by 60.00% to CNY 0.02[8] - Weighted average return on equity decreased to 1.43%, down 51.03% year-on-year[8] - Total operating revenue for Q3 2020 reached CNY 223,522,278.89, compared to CNY 190,275,536.36 in the same period last year, indicating a growth of approximately 17.5%[36] - Net profit attributable to the parent company was CNY 15,582,500.27, showing a significant increase from CNY 8,895,993.81 in Q3 2019, representing an increase of approximately 75.5%[37] - The net profit for the third quarter was CNY 14,594,858.33, down 45.3% from CNY 26,924,773.47 in the same period last year[39] - The total profit for the third quarter was CNY 70,450,885.91, a decline of 32.6% compared to CNY 104,528,879.61 in the same quarter of the previous year[46] Assets and Liabilities - Total assets increased by 16.92% to CNY 2,265,267,297.37 compared to the end of the previous year[8] - Net assets attributable to shareholders rose by 11.77% to CNY 1,083,513,271.26 year-on-year[8] - The company's total assets as of September 30, 2020, amounted to CNY 2,238,906,019.33, up from CNY 1,873,787,071.10 at the end of 2019, marking an increase of about 19.5%[33] - The total liabilities increased to CNY 1,106,313,233.85 from CNY 873,591,124.55, reflecting a growth of approximately 26.6%[34] - Current assets totaled approximately 1.72 billion yuan, up from 1.46 billion yuan at the end of 2019, indicating a growth of about 17.6%[27] - The company's non-current assets totaled approximately 548.46 million yuan, up from 477.93 million yuan, marking an increase of about 14.7%[28] Cash Flow - Net cash flow from operating activities was negative at CNY -9,018,322.32, a decline of 112.70%[8] - The net cash flow from operating activities turned negative at RMB -53,071,746.56, a decline of 174.26% compared to the previous year[16] - Total cash inflow from operating activities was 616,095,757.77 CNY, while cash outflow was 669,167,504.33 CNY, resulting in a net cash outflow of 53,071,746.56 CNY[54] - Cash flow from investment activities showed a net outflow of -268,307,623.93 CNY, compared to -60,559,524.76 CNY in the previous period[55] - Cash inflow from financing activities totaled 802,253,511.60 CNY, with a net cash inflow of 308,779,551.18 CNY after outflows[55] Shareholder Information - The total number of shareholders at the end of the reporting period was 18,044[12] - The largest shareholder, KLA-Tencor Corporation, holds 53.56% of shares, totaling 302,410,080 shares[12] Investments and Projects - The company signed an investment agreement to invest at least RMB 300 million in the Intelligent Manufacturing Integration Innovation Center project in Changzhou[17] - The company plans to invest no less than 200 million yuan in the second phase of the Intelligent Manufacturing Integration Innovation Center project, in collaboration with Coca-Cola, to create an immersive experience museum for aluminum cans[18] - A strategic cooperation framework agreement was signed with Aoyuan, involving approximately 300 million yuan for the provision and modification of two aluminum can production lines over the next three years[18] Financial Expenses - Financial expenses increased by 246.69% to RMB 24,877,310.66, primarily due to currency depreciation and increased borrowing costs[16] - The company experienced a significant increase in financial expenses, totaling CNY 9,339,369.12, compared to a financial income of CNY 792,792.59 in the previous year[41] Research and Development - Research and development expenses for the third quarter were CNY 5,762,435.19, a decrease of 36.3% from CNY 9,085,507.23 in the previous year[41] - Research and development expenses for the third quarter were CNY 16,807,558.83, slightly up from CNY 16,469,358.83 year-over-year[49]
斯莱克(300382) - 2020 Q2 - 季度财报
2020-08-04 16:00
Financial Performance - The company's operating revenue for the first half of 2020 was CNY 382,667,295.50, representing a slight increase of 0.50% compared to CNY 380,780,886.94 in the same period last year[20]. - The net profit attributable to shareholders decreased by 28.76% to CNY 42,853,485.00 from CNY 60,152,388.12 year-on-year[20]. - The net profit after deducting non-recurring gains and losses fell by 31.38% to CNY 38,732,779.73 compared to CNY 56,444,586.39 in the previous year[20]. - Basic and diluted earnings per share both decreased by 27.27% to CNY 0.08 from CNY 0.11 in the previous year[20]. - The total comprehensive income for the first half of 2020 was CNY 40,894,018.81, down from CNY 58,086,321.83 in the same period of 2019, reflecting a decline of approximately 29.5%[179]. - The company reported a net profit attributable to shareholders of 527 million yuan, a decrease of 19% compared to the previous period[195]. - The total revenue for the first half of 2020 was 836 million yuan, representing a 46.8% decline year-over-year[199]. Cash Flow and Liquidity - The net cash flow from operating activities showed a significant decline of 9,627.63%, resulting in a negative cash flow of CNY -44,053,424.24[20]. - The company's cash flow from operating activities showed a net outflow of ¥44,053,424.24, contrasting with a net inflow of ¥462,375.40 in the same period last year[186]. - Cash and cash equivalents decreased to CNY 238,139,855.35 from CNY 344,455,639.87, representing a decline of about 30.8%[168]. - The ending cash and cash equivalents balance decreased to 105,333,393.48 CNY in 2020 from 184,465,848.38 CNY in 2019, a decline of about 42.8%[190]. - The company reported a significant increase in cash and cash equivalents, reaching 393 million yuan, a 70.4% increase year-over-year[197]. Research and Development - R&D investment for the first half of 2020 was ¥1,590.83 million, accounting for 4.16% of the revenue, consistent with the long-term average of around 4%[44][50]. - Research and development expenses rose by 34.54% to CNY 15,908,371.16, compared to CNY 11,824,016.60 in the same period last year[56]. - The company is focusing on enhancing its R&D capabilities to innovate new technologies and products[196]. - The company is focusing on research and development of new technologies to enhance product offerings[200]. Business Expansion and Strategy - The company has expanded its business scope to include packaging decoration and other printing services, in addition to its existing operations[19]. - The company is actively expanding into the new energy battery shell sector, leveraging its expertise in metal packaging[29]. - The company plans to expand its market presence and invest in new product development to drive future growth[196]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its product offerings[196]. - The company has committed to avoiding competition during the period of indirect shareholding in Sleek, ensuring no participation in competitive activities within China or abroad[90]. Assets and Liabilities - Total assets decreased by 1.69% to CNY 1,904,741,059.89 compared to the previous period[21]. - Total liabilities decreased to CNY 849,929,751.82 from CNY 939,251,472.52, a reduction of approximately 9.5%[170]. - Shareholders' equity increased to CNY 1,054,811,308.07 from CNY 998,240,846.29, reflecting an increase of about 5.7%[171]. - The company reported a decrease in short-term borrowings to CNY 460,449,430.74 from CNY 507,034,372.24, a decline of approximately 9.2%[170]. Market Position and Competition - The company’s market share in the domestic market for high-speed can and lid manufacturing equipment has been steadily increasing, with a significant position in the new combination lid equipment market[41]. - The company has established a significant market presence in emerging economies, including Thailand, Poland, and Malaysia, but still lags behind major competitors in terms of market share and brand recognition[80]. - The company faces significant industry and market risks, particularly due to economic cycle fluctuations affecting demand in the metal packaging sector, which is influenced by fixed asset investment growth in downstream industries[79]. Corporate Governance and Compliance - The company has implemented multiple employee stock ownership plans and stock option plans to enhance long-term incentive mechanisms[54]. - The company has not reported any significant changes in its operational strategy or market expansion plans during the reporting period[127]. - There were no significant related party transactions during the reporting period, including asset or equity acquisitions, joint investments, or related debt transactions[122][123][124][125][126]. Legal Matters - The company is involved in a lawsuit regarding a share transfer dispute with Chengdu招商局银科创业投资有限公司, with a claim amount of CNY 1,639,873.54[96]. - The company is also in a dispute with Shenzhen卓越创业投资有限责任公司, claiming CNY 770,278.48 for a share transfer[96].
斯莱克(300382) - 2020 Q1 - 季度财报
2020-04-27 16:00
Financial Performance - Total revenue for Q1 2020 was ¥187,243,668.84, a decrease of 1.52% compared to ¥190,132,414.23 in the same period last year[9] - Net profit attributable to shareholders was ¥7,631,377.01, down 63.99% from ¥21,194,788.44 year-on-year[9] - Net profit excluding non-recurring gains and losses was ¥3,957,207.80, a decline of 77.02% from ¥17,219,449.03 in the previous year[9] - Basic earnings per share decreased by 75.00% to ¥0.01 from ¥0.04 year-on-year[9] - Operating profit for Q1 2020 was ¥11,169,937.94, down 56.2% from ¥25,496,048.66 in Q1 2019[38] - Net profit for Q1 2020 was ¥6,508,921.31, a decline of 67.1% compared to ¥19,781,911.52 in Q1 2019[38] - The total comprehensive income for Q1 2020 was ¥4,985,889.06, down 74.5% from ¥19,482,066.07 in Q1 2019[39] Cash Flow - Net cash flow from operating activities was -¥55,619,965.89, representing a decrease of 382.37% compared to -¥11,530,663.76 in the same period last year[9] - The net cash flow from operating activities for Q1 2020 was -¥55,619,965.89, compared to -¥11,530,663.76 in Q1 2019, indicating a significant decline in cash flow[46] - Total cash inflow from operating activities was ¥147,322,115.44, while cash outflow was ¥202,942,081.33, resulting in a net cash flow of -¥55,619,965.89[46] - Cash outflow from financing activities was ¥227,535,720.98, leading to a net cash flow of -¥56,324,526.48, compared to a positive cash flow of ¥286,820,309.60 in the same period last year[47] - The company experienced a net cash decrease of -¥110,995,316.90 in Q1 2020, contrasting with an increase of ¥271,498,803.04 in Q1 2019[47] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,876,214,787.21, down 3.16% from ¥1,937,492,318.81 at the end of the previous year[9] - Current liabilities decreased from CNY 866,199,357.45 to CNY 800,626,107.87, a reduction of about 7.56%[29] - The total liabilities decreased from CNY 939,251,472.52 to CNY 870,510,347.37, a reduction of approximately 7.34%[29] - The company's cash and cash equivalents decreased by 33.77% to 228.12 million yuan from 344.46 million yuan at the end of 2019[26] - The company's cash and cash equivalents dropped significantly from CNY 241,328,456.66 to CNY 134,559,014.53, a decline of approximately 44.41%[31] Shareholder Information - The company had a total of 12,108 common shareholders at the end of the reporting period[11] - The largest shareholder, Kolaise Limited, held 57.46% of the shares, amounting to 324,395,994 shares, with 142,150,000 shares pledged[12] Expenses - Sales expenses increased by 52.84% to 12.94 million yuan due to intensified sales efforts and rising labor costs[18] - Financial expenses decreased by 65.57% to 2.86 million yuan, attributed to increased foreign exchange gains compared to the previous year[18] - The total operating costs for Q1 2020 were ¥181,082,640.88, an increase of 5.8% from ¥171,411,571.62 in the previous year[38] - The company reported a decrease in sales expenses to ¥12,943,323.46, down 34.5% from ¥8,468,513.81 in Q1 2019[38] Research and Development - The company plans to enhance R&D investment in cap and can production equipment and actively explore the digital printing can business[24] - Research and development expenses increased to ¥7,355,599.15, up 8.4% from ¥6,782,198.49 in the previous year[38] Impairment Losses - The increase in accounts receivable led to a credit impairment loss of 2.81 million yuan, a significant increase of 430.08% compared to the previous year[18] - The company experienced a credit impairment loss of ¥2,806,140.57, contrasting with a gain of ¥850,135.51 in Q1 2019[38]