Financial Performance - Operating revenue for the reporting period was ¥68,219,127.85, representing a year-on-year growth of 19.90%[7] - Net profit attributable to shareholders was ¥17,793,448.47, up 16.04% year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥16,250,961.70, an increase of 29.36% compared to the same period last year[7] - Total operating revenue for the current period reached ¥68,219,127.85, an increase of 19.5% compared to ¥56,898,877.06 in the previous period[38] - Net profit for the current period was ¥17,098,402.81, representing a growth of 11.2% from ¥15,333,736.09 in the same period last year[39] - The total profit for the current period was ¥20,718,805.14, compared to ¥18,317,053.07 in the previous period, indicating a growth of 13.1%[39] - Net profit for the period was ¥51,866,437.62, representing a 17% increase from ¥44,225,257.93 in the previous year[47] - Comprehensive income for the current period totaled ¥17,276,115.68, compared to ¥16,464,604.87 in the previous period, reflecting an increase of 4.9%[40] - The total comprehensive income for the period was ¥52,974,731.86, compared to ¥44,110,658.38 in the previous year[48] Research and Development - Research and development expenses increased by 45.43% to ¥22,066,218.28, indicating a significant investment in innovation[16] - Research and development expenses increased to ¥8,248,128.44, a rise of 36.1% compared to ¥6,059,621.45 in the previous period[38] - Research and development expenses increased to ¥22,066,218.28, a significant rise of 45% compared to ¥15,173,195.25 in the same quarter last year[45] - The MEMS sensor vertical industry intelligent manufacturing project aims to enhance the company's technological capabilities and increase product variety, positively impacting future development[17] - The pressure temperature detection instrument intelligent manufacturing project and the intelligent calibration product R&D center are expected to enhance core competitiveness and optimize product structure, contributing to long-term sustainable development[18] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date reached ¥35,244,476.52, an increase of 32.61%[7] - Cash flow from operating activities was ¥198,349,464.38, compared to ¥154,301,753.06 in the previous year[54] - The net cash flow from operating activities for Q3 2019 was CNY 35,244,476.52, an increase of 32.8% compared to CNY 26,577,735.46 in Q3 2018[55] - Total cash inflow from operating activities was CNY 216,323,113.71, up from CNY 173,928,801.38 in the previous year, representing a growth of 24.4%[55] - The ending cash and cash equivalents balance was CNY 148,105,852.67, down from CNY 222,115,722.21 in the previous year[56] - Cash inflow from sales of goods and services was CNY 152,267,942.30, an increase from CNY 137,248,517.31 in the prior year[58] Assets and Liabilities - Total assets at the end of the reporting period reached ¥608,964,850.23, an increase of 2.69% compared to the previous year[7] - Total liabilities decreased to CNY 46,691,592.83 from CNY 58,663,298.35, a reduction of approximately 20%[30] - Owner's equity increased to CNY 562,273,257.40 from CNY 534,344,720.71, reflecting an increase of about 5%[31] - Total current assets decreased to CNY 298,105,931.32 from CNY 333,139,987.06, a decline of approximately 10.5%[34] - Current liabilities decreased to CNY 38,187,809.44 from CNY 49,001,481.87, representing a reduction of approximately 22%[30] - Non-current liabilities decreased to CNY 8,503,783.39 from CNY 9,661,816.48, a decline of about 12%[30] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,665[11] - The company has not implemented a cash dividend plan for the third quarter of 2019, adhering to its profit distribution policy[22] Regulatory and Market Environment - The company is closely monitoring macroeconomic policies and industry regulations to mitigate market risks associated with project adjustments[18] - There are no reported violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[20][24]

Financial Performance - Operating revenue for the reporting period was ¥68,219,127.85, representing a year-on-year growth of 19.90%[7] - Net profit attributable to shareholders was ¥17,793,448.47, up 16.04% year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥16,250,961.70, an increase of 29.36% compared to the same period last year[7] - Total operating revenue for the current period reached ¥68,219,127.85, an increase of 19.9% compared to ¥56,898,877.06 in the previous period[39] - Net profit for the current period was ¥17,098,402.81, representing a growth of 11.3% from ¥15,333,736.09 in the previous period[40] - The total profit for the current period was ¥20,718,805.14, compared to ¥18,317,053.07 in the previous period, indicating a growth of 13.1%[40] - Net profit for the period was ¥51,866,437.62, representing a 17% increase from ¥44,225,257.93 in the same period last year[48] - The total comprehensive income for the current period was ¥17,276,115.68, compared to ¥16,464,604.87 in the previous period, showing an increase of 4.9%[41] - The total comprehensive income for the period was ¥52,974,731.86, compared to ¥44,110,658.38 in the previous period, reflecting a growth of 20%[49] Assets and Liabilities - Total assets at the end of the reporting period reached ¥608,964,850.23, an increase of 2.69% compared to the previous year[7] - The company reported a significant increase in other current assets by 202.18% due to the rise in structured deposits[16] - Short-term borrowings increased by 42.25% to ¥5,050,000.00, reflecting a rise in bank loans[16] - Current liabilities decreased to CNY 38,187,809.44 from CNY 49,001,481.87, reflecting a reduction of approximately 22%[31] - Non-current assets rose to CNY 249,160,245.46, compared to CNY 232,605,131.14, marking an increase of about 7%[30] - Total liabilities decreased to CNY 46,691,592.83 from CNY 58,663,298.35, reflecting a reduction of about 20%[31] - The total equity attributable to shareholders increased to CNY 563,948,530.64 from CNY 534,344,720.71, an increase of approximately 5.6%[32] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥35,244,476.52, an increase of 32.61%[7] - The net cash flow from operating activities for Q3 2019 was CNY 35,244,476.52, an increase of 32.8% compared to CNY 26,577,735.46 in Q3 2018[56] - Total cash inflow from operating activities was CNY 216,323,113.71, up from CNY 173,928,801.38 in the previous year, representing a growth of 24.4%[56] - The cash outflow for operating activities was CNY 181,078,637.19, compared to CNY 147,351,065.92 in the same period last year, indicating a rise of 22.8%[56] - The company generated cash from operating activities amounting to ¥198,349,464.38, compared to ¥154,301,753.06 in the previous period[55] Research and Development - Research and development expenses increased by 45.43% to ¥22,066,218.28, indicating a significant investment in innovation[16] - Research and development expenses increased to ¥8,248,128.44, a rise of 36.1% compared to ¥6,059,621.45 in the last period[39] - Research and development expenses increased to ¥22,066,218.28, a rise of 45% compared to ¥15,173,195.25 in the previous period[46] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,665[11] - The company has not implemented a cash dividend plan for the third quarter of 2019, adhering to its profit distribution policy[22] Risk Management - The company has established internal control systems to manage risks associated with large-scale projects and ensure quality supervision[17] - The company will closely monitor macroeconomic policies and industry regulations to mitigate market risks associated with project adjustments[18] - There are no reported violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[20][24]

Financial Performance - Operating revenue for the reporting period was ¥68,219,127.85, representing a year-on-year growth of 19.90%[7] - Net profit attributable to shareholders was ¥17,793,448.47, up 16.04% from the same period last year[7] - The basic earnings per share increased to ¥0.1085, reflecting a growth of 17.17% year-on-year[7] - Total operating revenue for the current period reached ¥68,219,127.85, an increase of 19.5% compared to ¥56,898,877.06 in the previous period[39] - Net profit for the current period was ¥17,098,402.81, representing a growth of 11.2% from ¥15,333,736.09 in the previous period[40] - Operating profit increased to ¥20,870,534.58, a rise of 38.5% compared to ¥15,056,868.07 in the last period[40] - The total profit for the current period was ¥20,718,805.14, up 2.2% from ¥18,317,053.07 in the previous period[40] - Net profit for the period was ¥51,866,437.62, representing a 17% increase from ¥44,225,257.93 in the previous year[48] - The total profit for the period was ¥62,764,836.83, compared to ¥53,814,213.30 in the previous year, reflecting a growth of 16%[48] Assets and Liabilities - Total assets at the end of the reporting period reached ¥608,964,850.23, an increase of 2.69% compared to the previous year[7] - The company reported a significant increase in other current assets, which rose by 202.18% to ¥90,876,131.12 due to an increase in structured deposits[16] - Short-term borrowings increased by 42.25% to ¥5,050,000.00, indicating a rise in bank loans[16] - Current liabilities decreased to CNY 38,187,809.44 from CNY 49,001,481.87, a reduction of about 22.5%[31] - Total liabilities decreased to CNY 46,691,592.83 from CNY 58,663,298.35, a reduction of approximately 20.4%[31] - The total equity attributable to shareholders rose to CNY 563,948,530.64 from CNY 534,344,720.71, an increase of about 5.6%[32] - Total liabilities amounted to CNY 54,465,159.70, with non-current liabilities at CNY 9,661,816.48[71] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥35,244,476.52, an increase of 32.61%[7] - Operating cash inflow for the period was CNY 216,323,113.71, an increase of 24.3% from CNY 173,928,801.38 in the previous period[56] - Net cash flow from operating activities was CNY 35,244,476.52, up from CNY 26,577,735.46, representing a growth of 32.5%[56] - Cash inflow from investment activities totaled CNY 191,770,083.20, significantly higher than CNY 445,047.26 in the previous period[57] - Net cash flow from financing activities was -CNY 23,168,000.46, an improvement from -CNY 34,519,336.45 in the previous period[61] Research and Development - Research and development expenses rose to ¥22,066,218.28, a significant increase of 45.43% compared to the previous year[16] - Research and development expenses were ¥8,248,128.44, up 36.1% from ¥6,059,621.45 in the previous period, indicating a focus on innovation[39] - Research and development expenses increased to ¥22,066,218.28, a rise of 45% compared to ¥15,173,195.25 in the same quarter last year[46] - The MEMS sensor vertical industry intelligent manufacturing project aims to enhance the company's technological capabilities and increase product variety, positively impacting future development[17] - The pressure temperature detection instrument intelligent manufacturing project and the intelligent calibration product R&D center are expected to enhance core competitiveness and optimize product structure, contributing to long-term sustainable development[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,665[11] - The company has not implemented a cash dividend plan for the third quarter of 2019, adhering to its profit distribution policy[22] Market and Economic Conditions - The company is closely monitoring macroeconomic policies and industry regulations to mitigate market risks associated with project adjustments[18] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[46] Other Financial Metrics - The weighted average return on equity was 3.24%, a decrease of 4.52% compared to the previous year[7] - The company achieved a gross profit margin of approximately 28% for the quarter, consistent with previous performance[46] - Comprehensive income for the current period totaled ¥17,276,115.68, compared to ¥16,464,604.87 in the previous period, indicating overall growth[41]

Financial Performance - Total operating revenue for the first half of 2019 was RMB 124,906,113.48, representing a 23.06% increase compared to RMB 101,498,849.69 in the same period last year[18]. - Net profit attributable to shareholders was RMB 35,748,262.39, up 23.73% from RMB 28,891,521.84 year-on-year[18]. - Net cash flow from operating activities reached RMB 13,848,712.70, an increase of 25.86% compared to RMB 11,002,833.08 in the previous year[18]. - Basic earnings per share rose to RMB 0.2181, reflecting a 24.99% increase from RMB 0.1745 in the same period last year[18]. - The company's revenue for the reporting period reached 124.91 million yuan, representing a year-on-year growth of 23.06%[34]. - The net profit attributable to the parent company was 35.75 million yuan, an increase of 23.73% compared to the previous year[34]. - The gross profit margin for the first half of 2019 was reported at 40%, a slight increase from 38% in the previous year[94]. - The company reported a total comprehensive income of ¥22,394,251.61 for the first half of 2019, compared to ¥27,774,564.61 in the same period of 2018[158]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 581,057,387.09, a decrease of 2.02% from RMB 593,008,019.06 at the end of the previous year[18]. - Total liabilities decreased significantly from CNY 54,465,159.70 to CNY 31,414,342.38, a reduction of 42.3%[148]. - The company's current assets decreased to CNY 336,280,149.26 from CNY 360,402,887.92, reflecting a decline of approximately 6.9%[142]. - Cash and cash equivalents dropped significantly from CNY 215,663,939.19 to CNY 128,045,968.38, a decrease of about 40.7%[141]. - Accounts receivable increased to ¥53,451,300.99, representing 9.20% of total assets, up from 8.34% in the previous year[50]. Research and Development - Research and development investment amounted to 22.53 million yuan, accounting for 18.04% of total revenue[34]. - The company aims to achieve a research and development investment of no less than 15% of revenue annually to maintain product competitiveness[30]. - Research and development expenses increased to CNY 13,818,089.84, compared to CNY 9,113,573.80 in the previous year, marking a rise of 51.5%[152]. - The company is investing 100 million RMB in R&D for new technologies aimed at enhancing product efficiency and user experience[94]. Market Strategy and Expansion - The company is actively pursuing a strategy of "internal growth + external expansion" to enhance its market position[30]. - The domestic market generated revenue of 76.15 million yuan, while the international market contributed 48.75 million yuan[27]. - The company plans to expand its sales scale through export business development[90]. - Market expansion plans include entering two new provinces, which are expected to increase market share by 5%[95]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 200 million RMB allocated for potential acquisitions[93]. Shareholder Commitments and Governance - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company has committed to not transferring or entrusting the management of shares held prior to the initial public offering for 36 months[75]. - Major shareholders have committed to avoiding any direct or indirect competition with the company in their business activities[80]. - The company has established measures to ensure compliance with share reduction commitments, with any proceeds from violations reverting to the company[85]. - The company is committed to compensating investors for any losses incurred due to false statements or omissions in its public disclosures[84]. Risks and Challenges - The company forecasts a significant risk of revenue and profit fluctuations due to competition from multinational enterprises, which may engage in price reductions or acquisitions to intensify market competition[66]. - The company reported a substantial amount of accounts receivable at the end of the reporting period, which poses a risk of bad debt losses and impacts liquidity[68]. - The company has a high inventory balance due to the aging period required for its measurement instruments, which affects operational expansion[69]. Compliance and Reporting - The semi-annual financial report has not been audited[98]. - The company has ensured compliance with all commitments made during the IPO process, with no violations reported[79]. - The financial statements are prepared based on the going concern assumption, indicating the company's ability to continue operations for at least 12 months from the reporting date[182]. - The company adheres to the accounting policies and estimates as per the relevant enterprise accounting standards, ensuring accurate financial reporting[183].

证券代码：300445 证券简称：康斯特 公告编号：2019-040 北京康斯特仪表科技股份有限公司 关于举办投资者接待日活动的公告 本公司及董事会全体成员保证公告内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 北京康斯特仪表科技股份有限公司（以下简称"公司"）为进一步提高公司治 理水平，让投资者更深入的了解公司的发展及实际经营情况，公司将于 2019 年 5 月 6 日-2019 年 12 月 31 日期间，举行投资者接待日活动，现将有关事项公告 如下： 一、 接待时间 2019 年 5 月 6 日至 2019 年 12 月 31 日，每个月 15 日的下午 15:00-17:00， 如遇节假日则顺延至下个工作日。 以上日期如处于公司业绩预告或业绩快报披露前 10 日、定期报告披露前 30 日等信息披露敏感期间，公司不接待投资者来访，请广大投资者予以理解与配合。 二、 接待地点 北京市海淀区丰秀中路 3 号院 5 号楼北京康斯特仪表科技股份有限公司 5 层 会议室。 三、 预约方式 请投资者在投资者接待日前 2 个工作日与公司证券部联系，统一进行接待登 记。个人投资者请携带个人身份证原件及复印 ...

Financial Performance - Total operating revenue for Q1 2019 reached ¥56,303,693.78, an increase of 34.88% compared to ¥41,743,257.37 in the same period last year[7] - Net profit attributable to shareholders was ¥11,152,741.74, reflecting a growth of 26.70% from ¥8,802,477.98 year-on-year[7] - Net profit excluding non-recurring gains and losses was ¥10,039,321.11, up 16.29% from ¥8,633,103.88 in the previous year[7] - Basic and diluted earnings per share increased to ¥0.0680, up 27.82% from ¥0.0532 in the previous year[7] - The company's total comprehensive income for Q1 2019 was CNY 9,647,752.23, compared to CNY 4,620,111.40 in Q1 2018, reflecting a significant increase of 108.5%[47] - The total profit for Q1 2019 was CNY 13,569,754.73, an increase of 30.0% from CNY 10,417,319.42 in the previous year[46] Cash Flow - The net cash flow from operating activities was ¥6,012,527.74, a significant improvement from a negative cash flow of ¥2,698,087.37 in the same period last year, marking a change of -322.84%[7] - Total cash inflow from operating activities was ¥67,424,074.43, while cash outflow was ¥61,411,546.69, resulting in a net cash inflow of ¥6,012,527.74[54] - The cash flow from operating activities for Q1 2019 was CNY 64,935,387.06, up from CNY 49,289,399.84 in Q1 2018, showing a growth of 31.8%[53] - The company reported a net cash outflow from investing activities of ¥77,498,190.68, compared to a net outflow of ¥6,699,710.97 in the previous year, reflecting increased investment activities[55] - Cash and cash equivalents at the end of Q1 2019 stood at ¥172,923,529.88, down from ¥302,215,988.45 at the end of Q1 2018, indicating a decrease in liquidity[55] Assets and Liabilities - Total assets at the end of the reporting period were ¥600,211,892.63, a slight increase of 1.21% from ¥593,008,019.06 at the end of the previous year[7] - The company's current assets totaled CNY 365,578,182.88, slightly up from CNY 360,402,887.92 at the end of 2018[36] - The total liabilities decreased to CNY 39,901,545.99 from CNY 54,465,159.70 year-over-year[42] - The company's intangible assets were valued at CNY 77,527,962.94, down from CNY 78,121,578.88 at the end of 2018[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,865[10] - The top ten shareholders held a combined 83.06% of the company's shares, with the largest shareholder, Jiang Weili, owning 19.30%[10] Research and Development - R&D expenses amounted to CNY 6,537,140.25, reflecting a 53.54% increase due to heightened investment in research and development[16] - The company aims to maintain a 15% annual investment in R&D, continuing to capitalize R&D expenditures to better match costs with revenues, aligning with national policies on R&D accounting[23] - Research and development expenses for Q1 2019 amounted to CNY 6,343,470.39, which is a 49.0% increase from CNY 4,257,494.98 in the same quarter last year[48] Market Performance - The domestic market revenue for the first quarter was CNY 34,535,000, representing a 40.58% year-on-year growth[18] - International market revenue reached CNY 21,768,700, marking a 26.73% increase year-on-year[18] Strategic Initiatives - The company plans to enhance its product structure and increase gross margins by focusing on high-end product positioning[20] - The company is initiating a MEMS sensor vertical industrialization project to strengthen its core competitiveness[21] - The "MEMS Sensor Vertical Industry Intelligent Manufacturing Project" has not yet officially commenced, with the company committed to timely disclosures based on project progress[24] - The total investment for the MEMS sensor project is projected to be CNY 210 million, with a construction period of 5 years[26] Operational Challenges - The company’s accounts receivable at the end of the reporting period were substantial, posing management challenges and increasing the risk of bad debts[21] - The company will continue to optimize its supply chain management and improve delivery efficiency to address the challenges posed by high inventory levels[22] - The company experienced a negative impact of ¥901,667.94 from foreign exchange fluctuations on cash and cash equivalents during the quarter[59]

Financial Performance - The company's operating revenue for 2018 was ¥240,499,463.26, representing an increase of 18.53% compared to ¥202,893,530.75 in 2017[16] - The net profit attributable to shareholders for 2018 was ¥74,010,155.12, a growth of 39.61% from ¥53,013,708.85 in the previous year[16] - The net profit after deducting non-recurring gains and losses was ¥69,595,090.85, up 37.76% from ¥53,013,708.85 in 2017[16] - The basic earnings per share for 2018 was ¥0.4480, reflecting a 39.96% increase from ¥0.3201 in 2017[16] - The total assets at the end of 2018 amounted to ¥593,008,019.06, an increase of 8.71% from ¥545,495,125.13 at the end of 2017[16] - The net assets attributable to shareholders at the end of 2018 were ¥534,344,720.71, which is a 13.85% increase from ¥469,353,577.47 in 2017[16] - The total profit reached 83.28 million yuan, representing a year-on-year growth of 29.16%, while the net profit attributable to shareholders was 74.01 million yuan, up 39.61% year-on-year[51] - The company's net profit compound annual growth rate (CAGR) from 2009 to 2018 was 15%, with an average sales net profit margin of 26% and an average EBITDA margin of 34%[29] Cash Flow and Investments - The net cash flow from operating activities for 2018 was ¥60,481,184.22, a decrease of 19.59% compared to ¥75,217,066.40 in 2017[16] - The company plans to distribute a cash dividend of ¥1.50 per 10 shares to all shareholders based on the total share capital as of March 26, 2019[4] - The cash dividend distribution represents 33.22% of the net profit attributable to ordinary shareholders for 2018, which was 74,010,155.12 CNY[120] - The company’s retained earnings will be carried forward to the next fiscal year after the dividend distribution[118] - The company reported an asset impairment of 1,577,725.24, representing 1.89% of total profit, due to provisions for bad debts and inventory[85] - Cash and cash equivalents decreased to 215,663,939.1, down 21.36% from 314,935,998.78, primarily due to investments in subsidiaries and stock repurchase payments[87] Research and Development - The company has committed to increasing its R&D investment to drive innovation in high-value products, with a typical product development cycle of approximately three years[30] - The company's R&D investment amounted to 44.17 million yuan, accounting for 18.37% of total revenue, with a goal to maintain R&D spending at no less than 15% of revenue annually[42] - The company launched 2-3 new products each year, with an average R&D cycle of approximately 3 years, ensuring continuous innovation in response to customer needs[35] - The company’s R&D investment accounted for 19.3% of revenue in 2018, with a compound annual growth rate of 27.55% over the past five years[52] - Research and development expenses increased by 60.23% to ¥23,686,290.62, reflecting a significant investment in R&D[77] Market Performance - In 2018, the company achieved a revenue growth of 14.8% in the domestic market, driven by the increasing recognition of mid-to-high-end products such as ConST810, ConST811, and ConST660[35] - The sales revenue of digital pressure detection products reached 209.42 million yuan, an increase of 13.56% compared to the previous year, while temperature calibration products saw a significant growth of 78.69%, reaching 27.65 million yuan[35] - The international market revenue continued to grow at a rate of 25%, with a compound annual growth rate of nearly 30% from 2012 to 2018[38] - The company achieved a 25.17% increase in overseas revenue, totaling CNY 91,999,854.58, compared to CNY 73,497,482.53 in 2017[68] - Domestic market revenue reached 148.50 million yuan in 2018, with a contract collection rate of nearly 80%[56] Corporate Strategy and Development - The company has established a new subsidiary, Jinan Changfeng Zhiyuan Instrument Technology Co., Ltd., with an investment of 15.3 million, aimed at expanding its market presence[26] - The company aims to leverage industrial IoT and big data technologies to enhance operational efficiency and predictive maintenance capabilities for its products[27] - The company is focusing on integrating digital detection applications and upgrading temperature and humidity calibration products[98] - The company plans to implement a three-year profit distribution plan, prioritizing cash dividends to ensure reasonable returns for investors[139] - The company is committed to becoming a world-class high-end calibration and testing industry group through innovation and technology integration[98] Shareholder and Equity Management - The company proposed a cash dividend of 1.50 CNY per 10 shares, totaling 24,588,648.00 CNY for the 2018 fiscal year[118] - The company has consistently increased its cash dividends over the past three years, with 2016, 2017, and 2018 dividends being 8,281,590.00 CNY, 13,249,152.00 CNY, and 24,588,648.00 CNY respectively[120] - The company has committed to not transferring or entrusting the management of its shares for 36 months following the initial public offering[121] - The company will repurchase shares if there are false statements or omissions in the prospectus[124] - The company has established a guarantee fund to support stock price stabilization, with 30% of proceeds from major shareholders' sales reserved for this purpose[129] Compliance and Governance - The company has maintained a continuous audit service with Beijing Yongtuo Accounting Firm for 11 years, with the current audit team having served for 3 years[145] - The company has not engaged in any significant related party transactions during the reporting period[154] - The company has not reported any changes in its controlling shareholders or actual controllers during the reporting period, ensuring continuity in management[194] - The company has no major litigation or arbitration matters during the reporting period[147] - The company has not violated any of the commitments made during the reporting period[124]

1 北京康斯特仪表科技股份有限公司 2018 年第三季度报告全文 第一节 重要提示 北京康斯特仪表科技股份有限公司 2018 年第三季度报告全文 北京康斯特仪表科技股份有限公司 2018 年第三季度报告 2018-083 2018 年 10 月 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。 公司负责人姜维利、主管会计工作负责人翟全及会计机构负责人(会计主管 人员)翟全声明：保证季度报告中财务报表的真实、准确、完整。 2 北京康斯特仪表科技股份有限公司 2018 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） | 564,271,336.06 | | 545,495,125.13 | 3.44% | | 归属于上市公司股东的净资产 ...

Financial Performance - Total revenue for the reporting period reached ¥101,498,849.69, representing a 22.48% increase compared to ¥82,866,369.29 in the same period last year[19] - Net profit attributable to shareholders was ¥28,891,521.84, a significant increase of 56.63% from ¥18,445,599.75 in the previous year[19] - Basic earnings per share rose to ¥0.1745, reflecting a 56.64% increase from ¥0.1114 in the previous year[19] - The company achieved total revenue of CNY 101.5 million in the first half of 2018, representing a year-on-year growth of 22.48%[38] - The net profit attributable to shareholders reached CNY 28.89 million, reflecting a year-on-year growth of 56.63%[38] - The gross margin for the first half of 2018 was reported at 45%, an increase from 42% in the same period last year[68] - The company reported a total profit for the first half of 2018 of CNY 35,497,160.23, compared to CNY 23,536,903.81 in the same period of 2017, showing an increase of about 50.7%[144] Cash Flow and Investments - Net cash flow from operating activities surged by 173.78% to ¥11,002,833.08, compared to ¥4,018,908.26 in the same period last year[19] - Cash flow from operating activities increased significantly by 173.78% to ¥11,002,833.08, compared to ¥4,018,908.26 in the previous year, attributed to higher sales collections[43] - The company reported a significant increase in investment activities, with cash flow from investing activities showing a net outflow of ¥22,190,408.08, up 873.21% from the previous year[43] - Cash outflow from investing activities was CNY 22,220,608.08, compared to CNY 2,342,388.91 in the previous period, indicating increased investment efforts[153] Assets and Liabilities - Total assets at the end of the reporting period were ¥554,685,396.14, up 1.68% from ¥545,495,125.13 at the end of the previous year[19] - The company's cash and cash equivalents at the end of the reporting period amounted to ¥296,747,617.40, accounting for 53.50% of total assets[48] - The company has a significant amount of accounts receivable at the end of the reporting period, which poses management challenges and increases the risk of bad debts[59] - The company has a large inventory balance, primarily consisting of raw materials and semi-finished products, which affects its operational expansion[60] - Total liabilities decreased to CNY 69.66 million from CNY 76.14 million, a decline of approximately 8.5%[136] Research and Development - The company's R&D investment amounted to CNY 22.96 million, accounting for 22.63% of total revenue, with a year-on-year increase of 105.52%[33] - The company is committed to high-end sensor development and accelerating the localization of core technologies[40] - The company is focused on enhancing research and development capabilities to meet customer needs and improve domestic market share[84] Market Strategy and Expansion - The company is expanding its international market presence through a multi-level agency system, focusing on North America and Europe[31] - The company aims to become a leading high-end calibration and testing industry group, emphasizing differentiation and high-end product positioning[28] - The company is expanding its product applications in various fields, including power, petrochemical, aerospace, and pharmaceuticals, driven by the rise of industrial automation and IoT[26] - The company plans to enhance its global expansion through price adjustments, establishing overseas R&D centers, and localizing manufacturing bases[58] Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[5] - The management emphasized the importance of maintaining compliance with shareholder commitments to avoid any potential conflicts of interest in future operations[72] - The company has committed to ensuring that any misleading statements or omissions in its public offerings will result in legal liability for responsible parties[78] - The company will temporarily withhold cash dividends until relevant commitments are fulfilled by directors or senior management[78] Compliance and Legal Matters - The company has not undergone any bankruptcy restructuring during the reporting period[90] - There were no significant litigation or arbitration matters during the reporting period[91] - The half-year financial report has not been audited[89] Operational Efficiency - The company implements a strict quality control process during production, ensuring product stability and technological advancement[30] - The procurement model focuses on quality assurance, with raw materials sourced from qualified suppliers and managed through an MRP system for demand forecasting[30] - The company aims to strengthen digital management and improve supply chain efficiency to mitigate the impact of large inventory on operations[60]

Financial Performance - Total revenue for Q1 2018 was CNY 41,743,257.37, an increase of 18.37% compared to CNY 35,263,944.02 in the same period last year[7] - Net profit attributable to shareholders was CNY 8,802,477.98, representing a growth of 44.22% from CNY 6,103,449.85 year-on-year[7] - The net profit after deducting non-recurring gains and losses was CNY 8,633,103.88, up 28.24% from CNY 6,731,898.26 in the previous year[7] - The basic earnings per share increased by 42.25% to CNY 0.0532 from CNY 0.0374 in the same period last year[7] - The total profit for the period was 10.42 million yuan, reflecting a 39.07% increase from 7.49 million yuan in the previous year[22] - The company's total profit for the quarter was CNY 10,417,319.42, up 39.5% from CNY 7,490,930.20 in the previous year[48] Cash Flow and Assets - The company reported a net cash flow from operating activities of -CNY 2,698,087.37, an improvement of 70.79% compared to -CNY 9,237,814.18 in the previous year[7] - The company's cash and cash equivalents decreased from CNY 314,935,998.78 at the beginning of the period to CNY 302,215,988.45 at the end of the period[38] - The net cash flow from operating activities was -5,923,562.43 CNY, compared to -17,960,719.02 CNY in the previous period, showing an improvement[59] - Total cash inflow from operating activities was 42,979,378.02 CNY, up from 26,153,116.42 CNY, representing a 64.3% increase[58] - Cash outflow from operating activities totaled 48,902,940.45 CNY, compared to 44,113,835.44 CNY, indicating a 10.5% increase[59] - The total cash and cash equivalents at the end of the period were 284,143,426.48 CNY, down from 245,699,957.08 CNY[60] Research and Development - Research and development expenses increased by 35.69% to 20.46 million yuan due to higher investments in personnel and equipment[22] - The company launched the ConST660 series intelligent dry bath furnace in February, receiving positive feedback from domestic and international customers[23] - The total investment for the new instrument and sensor R&D project is expected to be no less than CNY 250 million over the next five years, with an initial land purchase of CNY 30 million for approximately 80 acres[28] - The company has completed the development of a new generation of portable temperature calibration equipment, addressing common issues such as slow temperature change and poor stability[28] - The company has improved its high-accuracy digital pressure gauge, enhancing technical specifications and reducing costs to expand its customer base[28] - The company has developed a wireless pressure module prototype, featuring high precision and stability, which represents the future direction of pressure instrumentation[28] Market Strategy and Innovation - The company plans to enhance its product structure and increase supply capacity to mitigate risks from competition and market changes[9] - The company aims to establish overseas R&D centers and manufacturing bases to support global expansion and counteract trade protectionism[10] - The company emphasizes continuous innovation and R&D investment to maintain competitive advantages and attract high-level talent[12] - The company is focusing on enhancing customer loyalty through product integration and continuous upgrades in technology[23] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[51] Financial Position - Total assets at the end of the reporting period were CNY 535,172,375.85, a decrease of 1.89% from CNY 545,495,125.13 at the end of the previous year[7] - The net assets attributable to shareholders increased by 1.47% to CNY 476,239,650.89 from CNY 469,353,577.47 at the end of the previous year[7] - Total operating costs amounted to CNY 33,466,439.89, up from CNY 27,033,662.75 in the prior period[46] - Total liabilities decreased to CNY 55,395,616.52 from CNY 71,783,062.51[44] - Total equity increased to CNY 464,808,680.75 from CNY 457,742,941.06[44] Other Financial Metrics - The company reported a significant decrease in other comprehensive income, down 565.57% to -2.16 million yuan due to exchange rate fluctuations[22] - The company recorded other income of CNY 1,941,238.29, contributing positively to the overall profit[51] - The gross profit margin improved to 73.5% in Q1 2018, compared to 64.7% in Q1 2017[51] - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period[16] - The company did not undergo an audit for the first quarter report[61]