Jiangsu Ankura Smart Transmission Engineering Technology (300617)

Search documents
安靠智电(300617) - 2022 Q2 - 季度财报
2022-08-29 16:00
Financial Performance - The company's operating revenue for the first half of 2022 was ¥393,134,273.15, a decrease of 17.21% compared to ¥474,882,976.91 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥124,548,017.08, an increase of 3.66% from ¥120,146,569.32 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was ¥76,228,073.41, down 33.93% from ¥115,380,035.04 in the same period last year[18]. - Basic earnings per share decreased by 20.21% to ¥0.75 from ¥0.94 in the same period last year[18]. - The total comprehensive income for the first half of 2022 was CNY 93,367,150.76, compared to CNY 102,496,603.69 in the same period of 2021, indicating a decrease of approximately 8.8%[164]. - The company reported a profit distribution of CNY -83,998,318.00 for the first half of 2022, reflecting a significant loss compared to the previous year's profit distribution[173]. Cash Flow and Investments - The net cash flow from operating activities was -¥58,730,813.77, a significant decline of 674.14% compared to -¥7,586,631.41 in the previous year[18]. - The company reported a 92.47% increase in net cash flow from investing activities, amounting to -¥9,140,491.54, due to fewer purchases of financial products compared to redemptions in the previous period[54]. - Cash inflow from investment activities totaled CNY 1,303,627,969.67, significantly up from CNY 652,467,673.11 in the first half of 2021, marking an increase of approximately 99.5%[166]. - The company reported investment income of ¥22,056,699.95, accounting for 14.44% of total profit, mainly from investing idle funds in financial products[59]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,240,899,139.33, an increase of 3.90% from ¥3,119,261,960.02 at the end of the previous year[18]. - Total liabilities reached CNY 601,540,116.52, up from CNY 533,777,275.06, indicating an increase of around 12.7%[153]. - The company's equity attributable to shareholders rose to CNY 2,622,513,120.28 from CNY 2,575,930,599.69, an increase of about 1.8%[153]. Research and Development - The company’s R&D expenditure was ¥15,373,632.14, a decrease of 4.54% year-on-year, reflecting adjustments in employee equity incentive costs[54]. - The company aims to develop new technologies and products to provide smarter and more environmentally friendly solutions[85]. Market Position and Strategy - The company operates in the power transmission and transformation industry, with a national electricity consumption of 4.10 trillion kWh in the first half of 2022, representing a year-on-year growth of 2.9%[26]. - The company is positioned to benefit from the "14th Five-Year" renewable energy development plan, which aims for renewable energy consumption to reach around 1 billion tons of standard coal by 2025[27]. - The company has established a strategic partnership with China Green Development Group to promote GIL and modular substations in urban infrastructure projects[41]. Corporate Governance and Social Responsibility - The company actively engages with investors through various communication channels to ensure transparency and protect shareholder rights[100]. - The company emphasizes the protection of employee rights by creating a supportive work environment and organizing various cultural and recreational activities[101]. - The company actively participates in charitable activities, donating 1 million yuan to support non-material cultural heritage performances and approximately 300,000 yuan for the construction of an organic crop intelligent greenhouse[104]. Risks and Challenges - The company has outlined potential risk factors and countermeasures in the report, which investors are encouraged to review[3]. - The company faces significant risks related to product quality, which could lead to civil liabilities and affect its reputation and operational capabilities[88].
安靠智电(300617) - 2022 Q1 - 季度财报
2022-04-19 16:00
Financial Performance - The company's revenue for Q1 2022 was ¥235,611,754.15, representing a 2.84% increase compared to ¥229,099,500.73 in the same period last year[4] - Net profit attributable to shareholders was ¥67,877,502.08, a 22.92% increase from ¥55,219,215.97 year-on-year[4] - Total operating revenue for Q1 2022 was CNY 235,611,754.15, an increase of 2.2% compared to CNY 229,099,500.73 in Q1 2021[20] - Net profit for Q1 2022 reached CNY 69,250,182.13, representing a growth of 20.5% from CNY 57,486,064.73 in the same period last year[22] - Operating profit for the quarter was CNY 81,613,745.58, up from CNY 68,024,290.62 in Q1 2021, indicating a year-over-year increase of 19.5%[22] - Basic earnings per share for Q1 2022 were CNY 0.41, slightly down from CNY 0.43 in Q1 2021[22] Cash Flow - The net cash flow from operating activities was -¥24,085,210.47, a significant decline of 376.77% compared to -¥5,051,710.40 in the previous year[4] - Cash inflow from operating activities totaled $193.37 million, up from $146.79 million in the previous period, representing a 31.7% increase[25] - Cash outflow from operating activities was $217.46 million, compared to $151.84 million previously, indicating a 43.1% increase[25] - Net cash flow from operating activities was -$24.09 million, worsening from -$5.05 million in the prior period[25] - Cash inflow from investment activities reached $552.69 million, significantly higher than $361.64 million in the previous period, marking a 52.7% increase[26] - Cash outflow from investment activities was $921.20 million, compared to $321.33 million previously, reflecting a 187.5% increase[26] - Net cash flow from investment activities was -$368.51 million, a decline from $40.30 million in the prior period[26] - Cash inflow from financing activities amounted to $255.10 million, up from $240.00 million, a 6.3% increase[26] - Cash outflow from financing activities was $152.01 million, compared to $118.65 million previously, indicating a 28.0% increase[26] - Net cash flow from financing activities was $103.09 million, down from $121.35 million in the previous period[26] - The ending cash and cash equivalents balance was $60.62 million, a decrease from $294.84 million in the prior period[26] Assets and Liabilities - Total assets increased by 5.51% to ¥3,291,261,315.00 from ¥3,119,261,960.02 at the end of the previous year[4] - The company's cash and cash equivalents decreased to CNY 65,268,854.96 from CNY 185,102,912.96, representing a decline of about 64.8%[17] - Accounts receivable increased to CNY 601,823,802.35 from CNY 480,034,566.04, marking an increase of approximately 25.3%[18] - The total current liabilities rose to CNY 255,000,000 from CNY 150,000,000, indicating a growth of 70%[18] - The company's inventory decreased to CNY 203,449,146.04 from CNY 225,058,498.47, a reduction of about 9.6%[18] - The total non-current assets slightly increased to CNY 360,660,546.22 from CNY 356,869,582.57, showing a growth of approximately 1%[18] - Total liabilities rose to CNY 629,809,528.60, up from CNY 533,777,275.06, marking an increase of 18% year-over-year[20] - The company's total equity attributable to shareholders reached CNY 2,647,625,021.08, an increase of 2.8% from CNY 2,575,930,599.69 in the previous year[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,074[10] - The top three shareholders held a combined 47.12% of the company's shares, with the largest shareholder owning 22.05%[11] - The company reported a total of 102,631,381 shares with lock-up restrictions, with 38,832,931 shares released during the period[14] - The top three shareholders, Chen Xiaohui, Chen Xiaoling, and Chen Xiaoming, collectively hold 27,787,500, 26,775,450, and 5,118,750 shares respectively, indicating significant ownership concentration[14] Government Support and Investments - The company received government subsidies amounting to ¥1,575,074.20, an increase of 140.43% compared to ¥655,117.96 in the previous year[9] - Investment income rose by 210.92% to ¥10,679,028.47 from ¥3,434,654.81 year-on-year, primarily due to increased financial product returns[9] - The company has a total of CNY 761,276,706.73 in trading financial assets, which increased from CNY 444,597,336.84, reflecting a growth of approximately 71.1%[17] Research and Development - Research and development expenses increased to CNY 7,994,360.67, compared to CNY 6,406,556.51 in the previous year, reflecting a growth of 24.8%[20] Strategic Focus - The company continues to focus on market expansion and technological innovation as part of its strategic initiatives[20]
安靠智电(300617) - 2021 Q4 - 年度财报
2022-04-06 16:00
Financial Performance - The company reported a total revenue of 1.2 billion yuan for the year 2021, representing a year-on-year increase of 15%[16]. - The net profit attributable to shareholders was 150 million yuan, an increase of 20% compared to the previous year[16]. - The company's operating revenue for 2021 was approximately ¥805.59 million, representing a 52.35% increase compared to ¥528.76 million in 2020[22]. - The net profit attributable to shareholders for 2021 was approximately ¥199.77 million, a 50.92% increase from ¥132.37 million in 2020[22]. - The net cash flow from operating activities increased by 151.18% to approximately ¥77.95 million in 2021, compared to ¥31.03 million in 2020[22]. - The total assets of the company reached approximately ¥3.12 billion by the end of 2021, a 164.02% increase from ¥1.18 billion at the end of 2020[22]. - The company reported a basic earnings per share of ¥1.36 for 2021, up 30.77% from ¥1.04 in 2020[22]. - The company achieved a historical order amount of 570 million RMB for the Caoshan GIL project, indicating significant market potential for GIL technology[54]. - In 2021, the company reported a total of 41 patent applications, the highest in its history, including 22 patents related to smart modular substations[51]. - The company reported a significant increase in revenue, achieving 391.49 million with a net profit of 31.21 million, reflecting a strong performance compared to the previous year[102]. Dividend Distribution - The company plans to distribute a cash dividend of 5.00 yuan per 10 shares, totaling approximately 84 million yuan[5]. - For the year 2021, the company will distribute a cash dividend of 5.00 yuan (including tax) for every 10 shares, amounting to 83,998,318.00 yuan (including tax) based on a total share capital of 167,996,636 shares as of December 31, 2021[160]. - The total cash dividend for 2021 represents 100% of the distributable profit of 455,552,249.39 yuan[158]. - The company has ensured that minority shareholders have had sufficient opportunities to express their opinions and protect their legal rights[157]. - The company’s profit distribution plan is consistent with its articles of association and dividend management measures[157]. Market Expansion and Strategy - The company aims to expand its market presence by entering three new provinces in 2022, targeting a 10% increase in market share[16]. - Future guidance indicates an expected revenue growth of 12% to 18% for 2022, driven by new product launches and market expansion efforts[16]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach[16]. - The company anticipates continued growth in the renewable energy sector, with expectations that by 2030, the installed capacity of wind and solar power will exceed 50% of total capacity[31]. - The company is positioned to benefit from urban policies promoting the underground integration of power lines, with cities like Beijing and Shanghai planning significant underground infrastructure projects[38]. Research and Development - Research and development expenses increased by 30% in 2021, totaling 120 million yuan, focusing on smart grid technologies[16]. - The company is focused on innovation in technology and product development, restructuring its R&D system to foster creativity and link employee compensation to product success[106]. - R&D investment accounted for 7.08% of operating revenue in 2021, up from 5.34% in 2020[78]. - The number of R&D personnel decreased by 8.18% to 101, with a slight decline in the proportion of R&D staff[78]. - The company has a strong emphasis on technology and innovation, with key personnel responsible for research and development in electrical engineering[141]. Operational Efficiency and Cost Management - The company’s innovative "open-transformer integrated machine" modular substation reduces costs by 30%, saves 70% in land area, and shortens construction time by 80% compared to traditional substations[44]. - Cost control measures will be implemented to enhance operational efficiency, including detailed cost management guidelines and strategic procurement practices[106]. - The gross margin for GIL products and system services was 65.13%, reflecting a year-on-year increase of 9.52%[65]. - The company reported a significant increase in manufacturing costs for cable connection products, with direct materials accounting for 26.75% of operating costs[70]. Governance and Compliance - The company maintained compliance with corporate governance standards, holding two shareholder meetings during the reporting period, with all procedures adhering to legal requirements[118]. - The company has established a transparent performance evaluation and incentive mechanism, implementing a restricted stock incentive plan for key personnel[122]. - The company has a commitment to respecting the rights of stakeholders, promoting balanced interests among all parties[125]. - The company has a strong focus on compliance with governance standards and regulations throughout the reporting period[148]. - The company has established a clear governance structure, with responsibilities and rights well-defined among its management[130]. Environmental and Social Responsibility - The company actively engages in charitable activities, donating 1 million yuan to establish the "Ankao Scholarship Fund" to support underprivileged students[181]. - The company has participated in pandemic relief efforts, providing materials to frontline workers during the COVID-19 outbreak[181]. - The use of SF6 gas in GIL has been reduced from 8,700 kg/km to 2,610 kg/km, achieving a 70% reduction, which translates to a decrease of 609 tons of SF6 emissions annually, equivalent to a reduction of 14,555 tons of CO2 emissions[176]. Financial Management and Investments - The company successfully completed a refinancing round in July, raising ¥1.464 billion, which is 158% of its net assets, and attracted top-tier investors including CICC and JP Morgan[57]. - The company has a total of 1,120,000.00 million CNY in idle funds from various fundraising activities[93]. - The company has committed to ensuring that the measures for compensating diluted immediate returns are effectively implemented[188]. - The company has established long-term cooperative relationships with suppliers and customers, promoting a win-win strategy[180]. Employee Management and Development - The total number of employees at the end of the reporting period was 700, with 499 in the parent company and 201 in major subsidiaries[152]. - The company established a performance management system linked to a flexible salary system to ensure employee benefits[153]. - The training system includes both internal and external training, aimed at enhancing employee skills and professional development[154]. - The company has a total of 290 production personnel, 85 sales personnel, 164 technical personnel, 15 financial personnel, 69 administrative personnel, and 77 after-sales service personnel[152].
安靠智电(300617) - 2021 Q4 - 年度财报
2022-03-29 16:00
Financial Performance - The company reported a total revenue of 1.2 billion yuan for the year 2021, representing a year-on-year increase of 15%[16]. - The net profit attributable to shareholders was 150 million yuan, an increase of 20% compared to the previous year[16]. - The company's operating revenue for 2021 was approximately ¥805.59 million, representing a 52.35% increase compared to ¥528.76 million in 2020[22]. - The net profit attributable to shareholders for 2021 was approximately ¥199.77 million, a 50.92% increase from ¥132.37 million in 2020[22]. - The net cash flow from operating activities increased by 151.18% to approximately ¥77.95 million in 2021, compared to ¥31.03 million in 2020[22]. - The total assets at the end of 2021 reached approximately ¥3.12 billion, a 164.02% increase from ¥1.18 billion at the end of 2020[22]. - The company's basic earnings per share for 2021 was ¥1.36, up 30.77% from ¥1.04 in 2020[22]. - The company reported a weighted average return on equity of 11.61% for 2021, down from 15.40% in 2020[22]. - In 2021, the company reported a total revenue of ¥805,585,162.87, representing a year-on-year growth of 52.35%, and a net profit attributable to shareholders of ¥199,770,738.86, up by 50.92% compared to the previous year[57]. Market Expansion and Strategy - The company aims to expand its market presence by entering three new provinces in 2022, targeting a 10% increase in market share[16]. - Future guidance indicates an expected revenue growth of 12% to 18% for 2022, driven by new product launches and market expansion efforts[16]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[190]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach, with a budget of 200 million yuan allocated for this purpose[16]. - There are ongoing discussions regarding potential mergers and acquisitions to strengthen the company's competitive position in the industry[191]. Research and Development - Research and development expenses increased by 30% in 2021, totaling 120 million yuan, focusing on smart grid technologies[16]. - The R&D budget has been increased by 15%, focusing on innovative solutions in smart grid technology[193]. - The company achieved a historical order amount of 570 million RMB for the Caoshan GIL project, indicating significant market potential for GIL technology[56]. - In 2021, the company reported a total of 41 patent applications, the highest in its history, including 22 patents related to smart modular substations[53]. - The company is in the trial production phase for new products, including a dry outdoor terminal and a 363kV phase-separation GIL, aimed at enhancing market competitiveness[81]. Product Development and Innovation - The company has successfully developed a new modular substation solution, which is expected to reduce construction time by 25%[16]. - The company’s smart modular substation system, centered around the "open transformer integration machine," reduces costs by 30% and construction time by 80% compared to traditional substations[46]. - The company’s innovative "smart modular substation" technology offers advantages such as a 30% reduction in costs, 70% space savings, and an 80% reduction in construction time compared to traditional substations[52]. - The company has developed a hybrid gas-insulated transmission line (GIL) product that reduces line losses by 40% compared to traditional power cables, supporting national carbon neutrality goals[178]. Financial Management and Investments - The company successfully completed a private placement in July, raising ¥1.464 billion, which is 158% of its net assets, and attracted top-tier investors including CICC and JP Morgan[59]. - The total amount of funds raised by the company through non-public issuance is 146,443.76 million CNY, with 32,269.37 million CNY utilized by the end of 2021[97]. - The company plans to utilize the remaining 114,356.07 million CNY of raised funds for specific projects, with no changes in usage reported[97]. - The company has made significant equity investments in new energy technology and digital energy sectors, with a total investment of ¥19,800,000.00 in a partnership focused on energy storage and digitalization[92]. Corporate Governance and Management - The company held 9 board meetings during the reporting period, complying with legal and regulatory requirements[123]. - The supervisory board convened 6 meetings, ensuring oversight of major matters and compliance with regulations[124]. - The company has established a transparent performance evaluation and incentive mechanism, including a restricted stock incentive plan for key personnel[125]. - The company has a clear governance structure, with responsibilities and powers well-defined among its management[133]. - The company has implemented a stock incentive plan, with the first vesting conditions achieved during the reporting period[151]. Social Responsibility and Community Engagement - The company donated 1 million yuan to establish the "Anka Education Fund" to support underprivileged students in Liyang City, reflecting its commitment to social responsibility[183]. - The company actively participates in charitable activities, including donations to local charities and organizing community service events[183]. - The company has been actively involved in pandemic relief efforts, providing supplies to frontline workers during the COVID-19 outbreak[183]. Risk Management - The management highlighted potential risks including regulatory changes and market competition, which could impact future performance[5]. - The company faces risks related to industry policy changes that could impact investment in power network construction, which is crucial for its product demand[110]. - The company is addressing market risks stemming from the ongoing effects of the COVID-19 pandemic, which may affect the demand for new energy systems[112]. - The company emphasizes the risk of core technology personnel loss and technical confidentiality breaches, which could impact its technological strength and innovation capabilities[114].
安靠智电(300617) - 2021 Q3 - 季度财报
2021-10-26 16:00
江苏安靠智能输电工程科技股份有限公司 2021 年第三季度报告 证券代码:300617 证券简称:安靠智电 公告编号:2021-108 本公司及董事会全体成员保证信息披露的内容真实、准确、完整, 没有虚假记载、误导性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准 确、完整,不存在虚假记载、误导性陈述或重大遗漏,并承担个别和连带 的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声 明:保证季度报告中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 江苏安靠智能输电工程科技股份有限公司 2021 年第三季度报告 □ 是 √ 否 一、主要财务数据 (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 江苏安靠智能输电工程科技股份有限公司 2021 年第三季度报告 | 总资产(元) | 3,045,300,347.65 | 1,181,462,269.48 | 157.76% | | --- | --- | --- | --- | | 归属于上市公司股东 | 2,511,155,912.0 ...
安靠智电(300617) - 2021 Q2 - 季度财报
2021-08-17 16:00
江苏安靠智能输电工程科技股份有限公司 2021 年半年度报告全文 江苏安靠智能输电工程科技股份有限公司 2021 年半年度报告 2021-090 2021 年 08 月 1 江苏安靠智能输电工程科技股份有限公司 2021 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整,不存在虚假记载、误导性陈述或者重大遗漏,并承担个别 和连带的法律责任。 公司负责人陈晓晖、主管会计工作负责人陈晓凌及会计机构负责人(会计主 管人员)王春梅声明:保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本半年度报告未经审计。 公司计划不派发现金红利,不送红股,不以公积金转增股本。 2 | 第一节 | 重要提示、目录和释义 | 2 | | --- | --- | --- | | 第二节 | 公司简介和主要财务指标 | 7 | | 第三节 | 管理层讨论与分析 | 10 | | 第四节 | 公司治理 | 31 | | 第五节 | 环境与社会责任 | 33 | | 第六节 | 重要事项 | 34 | | 第七节 | 股 ...
安靠智电(300617) - 2021 Q1 - 季度财报
2021-04-14 16:00
Financial Performance - The company's operating revenue for Q1 2021 was ¥229,099,500.73, representing a 240.08% increase compared to ¥67,365,805.53 in the same period last year[9] - Net profit attributable to shareholders was ¥55,219,215.97, up 106.99% from ¥26,677,119.17 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥53,869,273.09, reflecting a 153.85% increase from ¥21,221,070.85 in the previous year[9] - The basic earnings per share increased to ¥0.43, a rise of 104.76% compared to ¥0.21 in the same period last year[9] - The company achieved operating revenue of CNY 229,099,500.73, representing a 240.08% increase compared to the same period last year, primarily due to increased sales of cable connectors, GIL system services, and smart modular substations[24] - The net profit attributable to shareholders reached CNY 55,219,215.97, marking a 106.99% growth year-on-year[24] - The net profit for the first quarter of 2021 was CNY 45,817,121.04, a significant increase of 102.5% compared to CNY 22,671,764.67 in the same period last year[54] - Operating profit reached CNY 53,114,297.90, up 105.5% from CNY 25,889,422.78 year-over-year[54] - Total revenue from operating activities was CNY 146,786,054.26, compared to CNY 117,770,007.26 in the previous year, reflecting a growth of 24.6%[58] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,381,307,675.42, marking a 16.92% increase from ¥1,181,462,269.48 at the end of the previous year[9] - Cash and cash equivalents increased by 114.83% to CNY 305,863,133.87, mainly due to the maturity of financial products and an increase in short-term borrowings[20] - The total liabilities increased to CNY 449,518,819.25 from CNY 252,070,692.67, reflecting a growth of around 78.3%[42] - The total assets reached CNY 1,381,307,675.42, compared to CNY 1,181,462,269.48 at the end of 2020, marking an increase of about 16.9%[43] - The company reported a short-term loan of CNY 190,000,000.00, a significant increase from CNY 5,000,000.00, indicating a rise of 3,800%[41] - The total current assets amounted to CNY 1,089,766,709.72, an increase from CNY 919,306,002.77 as of December 31, 2020, representing a growth of approximately 18.5%[40] Cash Flow - The net cash flow from operating activities was negative at -¥5,051,710.40, a decline of 133.75% compared to ¥14,966,048.10 in the same period last year[9] - The cash flow from operating activities showed a net outflow of CNY 5,051,710.40, contrasting with a net inflow of CNY 14,966,048.10 in the prior year[59] - Investment activities generated a net cash inflow of CNY 40,301,646.87, an increase from CNY 30,698,845.61 year-over-year[59] - The net cash flow from investment activities was CNY 49,548,872.25, an increase of 66.6% compared to CNY 29,763,253.31 in Q1 2020[63] - The net cash flow from financing activities was CNY 111,538,222.50 in Q1 2021, significantly higher than CNY 42,705,357.12 in Q1 2020, marking a 160.5% increase[63] Shareholder Information - The total number of shareholders at the end of the reporting period was 9,922[13] - Major shareholders include Chen Xiaohui and Chen Xiaoling, holding 28.64% and 27.60% of shares respectively, with significant portions pledged[13] Investments and Projects - The company invested CNY 15,438,785.35 in construction projects, a 91.89% increase, focusing on the underground smart power transmission innovation incubation center and industrial research institute[20] - The company is implementing a project for the "Annual Production of 2GW Silicon Wafer (slicing) and 2GW Crystalline Silicon Solar Cell Manufacturing Project" with a total contract amount of RMB 18 million, and the equipment has already been delivered[28] - The company won the bid for the "Southern Power Grid Company's 2020 Main Network Line Material Second Batch Framework Tender Project" with a total amount of RMB 33.95 million[25] - The company's subsidiary, Henan Ankao, secured a contract for the "Nanjing Yanziji West Side Pole Line Relocation (including GIL) General Contracting Project" with a total amount of RMB 178.63 million, with the first phase expected to be completed in Q2 and the second phase starting in the second half of the year[25] Research and Development - Research and development expenses increased by 40.86% to CNY 6,406,556.51, driven by higher stock incentive costs for R&D personnel[21] - The company is focusing on R&D for cable systems, including the development of a "four-proof joint" and a 220kV intelligent temperature measurement explosion-proof joint, which are expected to set new standards for cable connectors[29] - The company aims to complete the standardization and modular design of the 220kV three-phase common box GIL product and develop a full series of GIL products by the end of 2021[29] Governance and Compliance - The company is enhancing its governance and operational standards, with management participating in training to better understand their responsibilities as listed company executives[29] - There are no significant changes in the feasibility of the projects or any violations regarding external guarantees during the reporting period[35] - The company has not undergone an audit for the first quarter report[72]
安靠智电(300617) - 2020 Q4 - 年度财报
2021-01-26 16:00
Financial Performance - The company's operating revenue for 2020 was CNY 528,763,697.19, representing a 66.27% increase compared to CNY 318,024,319.30 in 2019[25]. - The net profit attributable to shareholders for 2020 was CNY 132,371,970.46, which is an increase of 108.08% from CNY 63,616,426.50 in the previous year[25]. - The net profit after deducting non-recurring gains and losses was CNY 114,733,309.10, up 139.76% from CNY 47,853,754.35 in 2019[25]. - The basic earnings per share for 2020 was CNY 1.04, reflecting a growth of 108.00% compared to CNY 0.5 in 2019[25]. - The total assets at the end of 2020 amounted to CNY 1,181,462,269.48, a 12.46% increase from CNY 1,050,566,795.15 at the end of 2019[25]. - The company's cash flow from operating activities was CNY 31,034,197.60, a decrease of 14.34% from CNY 36,228,660.52 in 2019[25]. - The weighted average return on equity for 2020 was 15.40%, up from 7.77% in 2019[25]. - The company reported a total net asset of CNY 924,534,603.55 at the end of 2020, an increase of 11.93% from CNY 825,989,994.28 at the end of 2019[25]. Profit Distribution - The company reported a profit distribution plan to distribute cash dividends of 5 RMB per 10 shares (including tax) based on 129,343,555 shares[12]. - The cash dividend for 2020 represents 48.86% of the net profit attributable to ordinary shareholders, which was RMB 132,371,970.46[172]. - The total cash dividend amount for 2020 was 100% of the distributable profit of RMB 394,983,220.59[170]. - The company has maintained a consistent cash dividend policy over the past three years, with no bonus shares issued during this period[171]. - The company plans to retain the remaining undistributed profits for future operational support[170]. - The profit distribution plan was approved by the board of directors and the shareholders' meeting, ensuring compliance with the company's articles of association[168]. Market Risks and Competition - The company faces risks from a slowing macroeconomic environment, which could lead to reduced demand and investment in the power system, negatively impacting performance[6]. - The company acknowledges the risk of product quality issues, which could lead to significant operational impacts and reputational damage if they occur[10]. - The company is aware of the potential impact of regulatory changes on market competition and pricing strategies in the industry[9]. - Customer concentration risk is significant, as the company relies heavily on major clients like the State Grid and Southern Power Grid, making it vulnerable to changes in these key customer relationships[149]. - The company recognizes the risk of market competition increasing, particularly with the potential entry of new manufacturers and price competition, which could impact its market position and profit margins[150]. Technological Development and R&D - The company is focused on the R&D and production of high-voltage and ultra-high-voltage cable connectors, GIL, smart substations, and related products[35]. - The company has obtained 61 patents, including 20 invention patents, and plans to increase R&D investment to develop smarter and more environmentally friendly products to meet new grid construction requirements[156]. - The company is actively developing new technologies and products in response to the opportunities presented by national strategies such as carbon neutrality and the promotion of new infrastructure[153]. - The company is focusing on R&D for new products, including a 500kV cable connector that breaks foreign monopolies, enhancing its competitive edge in the market[44]. - The company has developed a high-level technical research and development team, with ongoing training initiatives to enhance execution capabilities and professional knowledge among employees[73]. Business Expansion and Market Presence - The company is focused on expanding its market presence and enhancing its product offerings in response to increasing demand for high and ultra-high voltage products[9]. - The company has established a strong market presence with successful projects in various 500kV cable transmission systems, enhancing its brand recognition and product acceptance[69]. - The company plans to enhance its market share with new products that are smaller, more reliable, and have a longer lifespan, responding to the growing demand in the power construction sector[108]. - The company is positioned to benefit from the increasing demand for urban power distribution technologies driven by new infrastructure projects and the growth of the electric vehicle and 5G sectors[58]. - The company plans to expand GIL production capacity to address bottlenecks and meet increasing market demand, particularly in key markets such as Jiangsu, Zhejiang, Guangdong, and Chongqing[141]. Governance and Compliance - The company is committed to enhancing its governance and operational standards to ensure sustainable growth and compliance with regulations[145]. - The company plans to enhance its corporate governance structure to ensure effective decision-making and management, thereby protecting shareholder interests[158]. - The company will disclose its profit distribution policy and cash dividend plans in its annual and semi-annual reports[180]. - The company has committed to ensuring compliance with social insurance and housing fund contributions for employees, with penalties for non-compliance[187]. - The company will not engage in unfair benefit transfers to other entities or individuals, ensuring the protection of its interests[187]. Investment and Financial Management - The company plans to invest a total of 353.94 million yuan in fundraising projects, primarily focused on power cable connectors and GIL expansion projects[81]. - The company has invested a total of CNY 35,394.4 million in projects, with CNY 23,677.8 million already utilized, achieving a progress rate of 60.14%[132]. - The company is actively expanding its business in intelligent power distribution equipment, with ongoing operations and new business generation[123]. - The company plans to raise up to ¥159,188.11 million through a stock issuance to expand GIL production capacity and build a modular substation project[84]. - The company has committed to using raised funds for specific projects, with a detailed plan for fund allocation[130].
安靠智电(300617) - 2020 Q3 - 季度财报
2020-10-20 16:00
江苏安靠智能输电工程科技股份有限公司 2020 年第三季度报告全文 江苏安靠智能输电工程科技股份有限公司 2020 年第三季度报告 2020-106 2020 年 10 月 1 江苏安靠智能输电工程科技股份有限公司 2020 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整,不存在虚假记载、误导性陈述或者重大遗漏,并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人陈晓晖、主管会计工作负责人陈晓凌及会计机构负责人(会计主 管人员)王春梅声明:保证季度报告中财务报表的真实、准确、完整。 2 江苏安靠智能输电工程科技股份有限公司 2020 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增 | | --- | --- | --- | --- | --- | | | | | | 减 | | 总资产(元) | 1,290,685,692.77 | | 1,050,566,7 ...
安靠智电(300617) - 2020 Q2 - 季度财报
2020-07-20 16:00
江苏安靠智能输电工程科技股份有限公司 2020 年半年度报告全文 江苏安靠智能输电工程科技股份有限公司 2020 年半年度报告 2020-064 2020 年 07 月 1 江苏安靠智能输电工程科技股份有限公司 2020 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整,不存在虚假记载、误导性陈述或者重大遗漏,并承担个别 和连带的法律责任。 公司负责人陈晓晖、主管会计工作负责人陈晓凌及会计机构负责人(会计主 管人员)王春梅声明:保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告中如有涉及未来的计划、业绩预测等方面内容,均不构成公司对任 何投资者及相关人士的承诺,投资者及相关人士应对此保持足够的风险认识, 并且应当理解计划、预测与承诺之间的差异。 公司已在本报告中详细描述可能存在的相关风险,敬请查阅第四节经营情 况讨论与分析中公司面临的风险和应对措施。 公司计划不派发现金红利,不送红股,不以公积金转增股本。 2 | 目录 | | --- | | 2020 | 年半年度报告 2 | | ...