SHUANGYI TECH(300690)

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双一科技(300690) - 2018年4月25日投资者关系活动记录表
2022-12-03 09:56
山东双一科技股份有限公司 证券代码:300690 证券简称:双一科技 编号:2018-03 投资者关系活动记录表 | --- | --- | --- | |-------------------------|---------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系 活 ...
双一科技(300690) - 双一科技调研活动信息
2022-11-21 15:36
山东双一科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | --- | |-------------------|-----------------------------------|-----------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------| | 证券代码: 300690 | | 证券简称:双一科技 编号: | 2021-01 | | | √特定对象调研 | □分析师会议 | | | 投资者关系 | □媒体调研 □业绩说明会 | | | | 活动类别 | □新闻发布会 □路演活动 | | | | | | □现场参观 □其他(请文字说明其他活动内容) | | | | 国元证券 凌 晨 | 锦田投资 | 叶伟翔 泽铭投资 安晓东 | | | 天丰证券 程 扬 | 泰康资产 | 刘少 ...
双一科技(300690) - 关于参加山东辖区上市公司2022年度投资者网上集体接待日活动的公告
2022-11-11 09:21
证券代码:300690 证券简称:双一科技 公告编号:2022-043 山东双一科技股份有限公司 关于参加山东辖区上市公司 2022 年度 投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整,没有虚假记载、 误导性陈述或重大遗漏。 为进一步加强与广大投资者的互动交流,切实提高公司透明度、规范运作和治理水 平,山东双一科技股份有限公司(以下简称"公司")将参加由山东证监局和山东上市 公司协会联合举办的"山东辖区上市公司 2022 年度投资者网上集体接待日"活动,现 将有关事项公告如下: 本次投资者网上集体接待日活动将在深圳市全景网络有限公司提供的网上平台采 取 网 络 远 程 的 方 式 举 行 , 投 资 者 可 以 登 录 全 景 网 " 投 资 者 关 系 互 动 平 台" (http://ir.p5w.net)参与本次投资者网上集体接待活动,互动交流时间为 2022 年 11 月 16 日(星期三)14:00 至 16:00。 届时公司财务总监韩庆广先生与董事会秘书王首扬先生将通过网络在线形式与投 资者进行交流沟通,欢迎广大投资者积极参与。 特此公告 山东双一科技股 ...
双一科技(300690) - 2022 Q3 - 季度财报
2022-10-26 16:00
Revenue and Profitability - Revenue for Q3 2022 reached ¥312,613,683.27, an increase of 65.21% compared to the same period last year[5] - Net profit attributable to shareholders was ¥20,270,044.87, a slight increase of 2.50% year-on-year, while net profit excluding non-recurring items was ¥33,284,972.90, up 76.74%[5] - Total operating revenue for Q3 2022 was ¥710,309,830.62, a decrease of 5.4% compared to ¥750,834,870.85 in Q3 2021[18] - Net profit for Q3 2022 was ¥41,455,375.88, down 66.7% from ¥124,541,313.85 in Q3 2021[19] - The net profit attributable to the parent company for Q3 2022 was ¥41,532,971.96, a decrease from ¥125,532,779.45 in the same period last year, representing a decline of approximately 66.9%[20] - The company’s total comprehensive income for Q3 2022 was ¥41,455,375.88, down from ¥124,541,313.85 in the same period last year, reflecting a decrease of approximately 66.7%[20] - The basic and diluted earnings per share for Q3 2022 were both ¥0.25, down from ¥0.75 in Q3 2021, indicating a 66.7% decrease[20] Assets and Liabilities - Total assets as of September 30, 2022, amounted to ¥1,760,031,426.28, reflecting an increase of 8.83% from the end of the previous year[5] - Total assets as of Q3 2022 amounted to ¥1,760,031,426.28, compared to ¥1,617,282,683.24 at the end of Q3 2021[17] - Current assets totaled ¥1,204,323,525.74, an increase of 9.2% from ¥1,102,704,765.14 in the previous year[17] - Total liabilities increased to ¥439,259,260.64, up 51.7% from ¥289,798,768.61 in Q3 2021[17] - Cash and cash equivalents decreased to ¥225,168,737.76 from ¥296,265,344.45, a decline of 24.0%[16] Cash Flow - The company reported a significant decrease in cash flow from operating activities, with a net outflow of ¥37,369,161.50, down 169.82% year-to-date[5] - The total cash inflow from operating activities was ¥842,146,262.95, compared to ¥892,536,539.61 in the previous year, reflecting a decrease of about 5.6%[22] - The net cash flow from operating activities was -¥37,369,161.50, a significant decline from ¥53,518,503.16 in the same period last year[22] - The cash outflow from investing activities totaled ¥558,234,391.91, down from ¥977,709,115.54 in the previous year, indicating a reduction of approximately 43%[22] - The net cash flow from financing activities was -¥38,213,215.00, compared to -¥98,595,555.31 in the same period last year, showing an improvement in cash flow management[23] - The total cash and cash equivalents at the end of Q3 2022 were ¥145,283,415.00, down from ¥260,707,561.54 at the end of Q3 2021, a decrease of about 44%[23] - The company received cash from investment recovery of ¥501,030,929.23, a decrease from ¥921,088,923.28 in the previous year, representing a decline of approximately 45.5%[22] - The company reported a cash inflow from financing activities of ¥43,000,000.00, compared to ¥12,500,000.00 in the previous year, indicating a significant increase of 244%[23] Inventory and Expenses - Inventory increased by 72.21% to ¥264,865,096.65, attributed to a rise in finished goods and goods in transit[9] - Research and development expenses rose by 41.75% to ¥30,827,591.47, indicating increased investment in R&D projects[9] - Research and development expenses rose to ¥30,827,591.47, an increase of 41.6% compared to ¥21,748,333.13 in the same period last year[19] - Total operating costs increased to ¥637,893,367.31, up 3.6% from ¥614,683,412.27 in the previous year[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,387[11] - Wang Qinghua holds 38.11% of the shares, amounting to 63,383,763 shares[11] - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder, Wang Qinghua, having a substantial influence[11] - The total number of restricted shares at the beginning of the period was 56,682,610, with no new restrictions added during the period[13] - The total number of restricted shares at the end of the period is 56,843,135, indicating a slight increase due to the release of some shares[13] - The company has a lock-up policy where 75% of the shares held by executives are restricted annually[13] - The company has a stock incentive plan in place, which affects the release of restricted shares[13] - The total number of shares held by the top ten unrestricted shareholders is 15,845,941[11] - Morgan Stanley & Co. International PLC holds 1.00% of the shares, amounting to 1,668,740 shares[11] - The company has a clear structure of related party relationships among its major shareholders, indicating potential governance considerations[11] Other Financial Metrics - The company’s weighted average return on equity decreased to 1.52%, down 0.65% from the previous year[5] - Contract liabilities increased by 197.67% to ¥36,061,108.49, due to an increase in customer prepayments received[9]
双一科技(300690) - 2022 Q2 - 季度财报
2022-08-26 16:00
Revenue and Profitability - The company's operating revenue for the first half of 2022 was ¥397,696,147.35, a decrease of 29.19% compared to ¥561,608,319.90 in the same period last year [29]. - The net profit attributable to shareholders was ¥21,262,927.09, down 79.89% from ¥105,757,106.91 year-on-year [29]. - The net profit after deducting non-recurring gains and losses was ¥26,725,078.26, a decrease of 73.12% compared to ¥99,433,487.96 in the previous year [29]. - The total revenue for Shandong Shuangyi Technology Co., Ltd. in the first half of 2022 was 262.97 million yuan, representing a 7.0% increase compared to the previous period [193]. - The company reported a profit distribution of 552,000 yuan to all shareholders, maintaining the same level as the previous year [194]. Financial Position - The total assets at the end of the reporting period were ¥1,689,401,558.68, an increase of 4.46% from ¥1,617,282,683.24 at the end of the previous year [29]. - The net assets attributable to shareholders decreased by 2.03% to ¥1,300,623,162.81 from ¥1,327,525,227.23 at the end of the previous year [29]. - The company's total assets as of June 30, 2022, amounted to CNY 1,675.02 million, an increase from CNY 1,621.33 million at the beginning of the year [177]. - The total liabilities increased to CNY 401.56 million as of June 30, 2022, compared to CNY 339.26 million at the beginning of the year, reflecting a growth of 18.4% [178]. - The company's cash and cash equivalents decreased to CNY 195.89 million from CNY 260.63 million at the beginning of the year, a decline of 24.8% [176]. Research and Development - The company has established leading R&D centers for composite materials and non-metallic materials, holding multiple patents and a skilled R&D team [12]. - The company holds 154 authorized patents, including 23 invention patents and 131 utility model patents, with 21 new patents added during the reporting period [47]. - Research and development expenses increased to CNY 21.30 million, a rise of 64.8% compared to CNY 12.95 million in the first half of 2021 [180]. Market and Industry Risks - The company faces risks related to talent retention, which is crucial for maintaining competitive advantage [8]. - Future adjustments in the domestic and global wind power industry could significantly impact market demand and the company's profitability [5]. - The company is facing risks from fluctuations in the wind power industry, which may impact operational performance [93]. - The ongoing COVID-19 pandemic continues to pose uncertainties regarding the overall performance for the year [97]. - The company faced challenges in the domestic wind power industry due to the end of the "rush installation" period and the decline in wind power subsidy policies [62]. Operational Management - The rapid growth of the company since 2019 has led to increased demands in quality management and service, necessitating improvements in operational management [13]. - The company has established a complete cost control system, achieving refined management that has improved product gross margins and enhanced risk resistance capabilities [51]. - The company is focusing on market-oriented development in the wind power industry, enhancing sustainability amid the "dual carbon" goals set by the government [60]. Shareholder and Capital Management - The company plans not to distribute cash dividends or issue bonus shares [14]. - The company has maintained a consistent profit allocation strategy, with no changes in the distribution policy compared to the previous year [194]. - The total number of shares decreased from 166,317,757 to 166,312,657 due to the repurchase and cancellation of 5,100 restricted shares [151][152]. Environmental and Compliance - The company has maintained compliance with environmental regulations and has not faced any administrative penalties during the reporting period [116]. - The company uses an average of 170,000 kWh of green electricity monthly to support green energy development [117]. - The company has implemented energy-saving measures, including automatic lighting systems that turn off when not in use, to reduce electricity waste [117]. Investment and Fundraising - The total amount of raised funds is CNY 482.64 million, with CNY 74.24 million invested during the reporting period [78]. - The company plans to use raised funds for projects related to composite materials and non-metal industrialization [79]. - The company has committed to invest a total of 48,264 million CNY in various projects, with 47,418 million CNY already utilized, achieving an investment progress of 98.24% [80].
双一科技(300690) - 2021 Q4 - 年度财报
2022-04-19 16:00
Financial Performance - In 2021, the company achieved operating revenue of CNY 1,001,623,981.84, a year-on-year decrease of 28.04%, and net profit attributable to shareholders of CNY 150,469,210.53, down 53.30%[4] - The company's operating revenue for 2021 was ¥1,001,623,981.84, a decrease of 28.04% compared to ¥1,391,961,973.95 in 2020[29] - The net profit attributable to shareholders for 2021 was ¥150,469,210.53, down 53.30% from ¥322,192,744.87 in 2020[29] - The net profit after deducting non-recurring gains and losses was ¥135,858,348.86, a decline of 56.11% compared to ¥309,552,996.15 in the previous year[29] - The net cash flow from operating activities was ¥76,505,413.52, a significant drop of 74.37% from ¥298,461,908.26 in 2020[29] - The total assets at the end of 2021 amounted to ¥1,617,282,683.24, a decrease of 3.51% from ¥1,676,123,828.24 at the end of 2020[29] - The net assets attributable to shareholders increased by 3.35% to ¥1,327,525,227.23 at the end of 2021, compared to ¥1,284,487,321.31 at the end of 2020[29] - The basic earnings per share for 2021 was ¥0.90, down 53.61% from ¥1.94 in 2020[29] - The diluted earnings per share was ¥0.91, a decrease of 53.33% compared to ¥1.95 in the previous year[29] - The weighted average return on equity was 11.75%, down 16.40% from 28.15% in 2020[29] - The company reported a significant decline in both revenue and profit metrics, indicating challenges in market performance and operational efficiency[29] Market Conditions - The decline in revenue is primarily due to a 33.63% year-on-year decrease in new wind power installations, which totaled 47.57 GW in 2021 compared to 71.67 GW in 2020[4] - Wind power bidding prices fell sharply from approximately CNY 3,600-4,100 per KW in 2020 to CNY 1,600-2,200 per KW in 2021, impacting the gross profit margins of industry chain enterprises[4] - The company recognizes significant growth potential in the wind power sector driven by national carbon neutrality goals, despite recent industry challenges[6] - The global wind power installed capacity reached 837 GW in 2021, with a year-on-year growth of 12%[41] - In the wind power sector, China's offshore wind power installation reached 16.88 GW in 2021, contributing significantly to the global total of 21.1 GW[41] - The company anticipates that the shift to a market-driven wind power industry will enhance the sustainability of the sector despite potential margin pressures due to subsidy reductions[44] Research and Development - The company maintains a strong core competency in composite materials, focusing on R&D, production, and sales across various sectors including wind power and transportation[4] - The company has a strong focus on technology R&D, with established centers for composite materials and non-metal materials, and holds multiple patents[13] - The company holds a total of 134 national patents, including 21 invention patents and 113 utility model patents, reflecting its commitment to innovation[60] - Research and development expenses in 2021 were ¥33,195,180.72, a decrease of 42.75% from ¥57,981,611.35 in 2020, representing 3.31% of total revenue[85] - The company invested in a joint venture to enhance its R&D capabilities and expand its technological processes[62] - The company is focusing on enhancing technological innovation by transitioning its R&D system to lead market development with advanced technologies, including the promotion of intelligent manufacturing and new product lines[110] Strategic Partnerships and Client Relationships - The company has established stable partnerships with major wind power companies, but remains exposed to risks from customer concentration[8] - The company established long-term partnerships with global leaders like Vestas, Siemens Gamesa, and Caterpillar, enhancing its market presence[50] - The company maintained a stable relationship with major clients such as Siemens Gamesa and Vestas, which is crucial for sustained business growth[66] Operational Efficiency and Cost Management - The company has established a comprehensive cost control system, contributing to long-term competitive advantages in procurement and production costs[64] - The company has implemented a production model based on sales orders, ensuring predictable and controllable product delivery[55] - The company plans to implement a comprehensive cost reduction and efficiency enhancement strategy in response to rising raw material prices and declining bidding prices[109] Dividend and Shareholder Information - The company plans to distribute a cash dividend of CNY 3 per 10 shares, based on a total of CNY 166,312,657[14] - The company distributed cash dividends of RMB 49,893,797.10, which is 3.00 RMB per 10 shares, representing 100% of the total profit distribution[156] - The total share capital as of December 31, 2021, was 166,317,757 shares, with the dividend distribution based on 166,312,657 shares[158] Human Resources and Talent Management - The company faces risks related to talent retention, as high-quality personnel are crucial for maintaining competitive advantage[10] - The number of R&D personnel decreased by 17.41% to 185 in 2021 from 224 in 2020[86] - The total number of employees at the end of the reporting period was 1,771, with 1,609 in the parent company and 162 in major subsidiaries[152] - The company has a cash dividend policy that requires a minimum of 20% of profit distribution to be in cash dividends during growth stages[156] Governance and Compliance - The company has established a sound corporate governance structure, ensuring compliance with relevant laws and regulations[117] - The company has maintained transparency in information disclosure, ensuring that all shareholders and investors can access important operational information fairly[124] - The company operates independently from its controlling shareholder in all aspects, including business, personnel, assets, organization, and finance[126] - The company has a complete and independent business structure without any competition with its controlling shareholder[126] Environmental and Social Responsibility - The company purchased 3,377,150 KWH of green electricity in 2021, supporting its commitment to sustainable development and reducing carbon emissions[178] - The company emphasizes resource conservation and environmental protection through advanced facilities and green electricity usage[182] - The company actively supports local economic development through tax contributions and job creation[182] Future Outlook and Expansion Plans - The company aims to capitalize on the growth opportunities in the wind energy sector and vehicle lightweighting, driven by national carbon reduction strategies[58] - The company plans to enhance its market presence with projects in both Wucheng and Yancheng, enhancing its production capabilities[99] - The company is exploring potential mergers and acquisitions to further strengthen its market position[135]
双一科技(300690) - 2022 Q1 - 季度财报
2022-04-19 16:00
Financial Performance - The company's operating revenue for Q1 2022 was ¥162,835,831.17, a decrease of 35.25% compared to ¥251,474,213.04 in the same period last year[4] - The net profit attributable to shareholders for Q1 2022 was ¥10,957,035.64, down 79.85% from ¥54,371,488.94 year-on-year[4] - The basic earnings per share decreased by 86.00% to ¥0.07 from ¥0.50 in the previous year[4] - Total operating revenue for Q1 2022 was ¥162,835,831.17, a decrease of 35.2% compared to ¥251,474,213.04 in Q1 2021[20] - Net profit for Q1 2022 was ¥10,455,618.82, a decline of 80.7% from ¥54,216,042.60 in Q1 2021[22] - Basic earnings per share for Q1 2022 were ¥0.07, compared to ¥0.50 in Q1 2021, reflecting a significant decline[23] Cash Flow - The net cash flow from operating activities increased significantly by 1,684.82% to ¥33,600,781.49, compared to ¥1,882,584.28 in the same period last year[4] - Cash inflow from operating activities was ¥298,130,848.39, a decrease from ¥305,785,097.96 in Q1 2021[24] - The net cash flow from operating activities for Q1 2022 was ¥33,600,781.49, a significant increase from ¥1,882,584.28 in Q1 2021, representing a year-over-year growth of approximately 1,682%[25] - The net cash flow from investing activities was -¥53,901,134.30, an improvement from -¥95,063,540.03 in Q1 2021[25] - The net cash flow from financing activities was ¥12,656,474.06, a recovery from -¥17,946.71 in the same quarter last year[26] - The company reported a total cash outflow of ¥20,343,525.94 from financing activities, which is an increase from ¥17,946.71 in the previous year[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,660,677,533.77, a decrease of 0.88% from ¥1,675,367,056.16 at the end of the previous year[4] - The total assets increased to ¥1,660,677,533.77 in Q1 2022 from ¥1,617,282,683.24 in Q1 2021, marking a growth of 2.7%[19] - The total liabilities increased to ¥322,738,000.30 in Q1 2022 from ¥289,798,768.61 in Q1 2021, reflecting an increase of 11.3%[19] - The company has a long-term investment of CNY 20,000,000.00, which was not present at the beginning of the year[17] Operational Metrics - The decline in operating revenue was primarily due to fluctuations in the wind power industry[7] - The company reported a 61.45% increase in contract liabilities, attributed to an increase in advance payments from customers[7] - The company experienced a 100% increase in short-term borrowings, reflecting new loans obtained from banks during the reporting period[7] - Total operating costs for Q1 2022 were ¥153,232,214.55, down 19.5% from ¥190,465,234.25 in the previous year[20] - Research and development expenses for Q1 2022 were ¥6,931,887.33, down from ¥8,535,662.47 in Q1 2021, indicating a reduction of 18.7%[20] Cash and Equivalents - The total cash and cash equivalents at the end of Q1 2022 stood at ¥282,691,646.84, compared to ¥265,145,949.23 at the end of Q1 2021, reflecting a year-over-year increase of approximately 7.5%[26] - Cash and cash equivalents decreased to CNY 295,226,758.31 from CNY 296,265,344.45[16] - The cash flow from investment activities included cash inflow of ¥170,516,563.31, down from ¥405,387,821.92 in the previous year, showing a decline of approximately 58%[25] Other Financial Information - The company received government subsidies amounting to ¥660,770.44 during the reporting period[6] - The company has no other non-recurring profit and loss items beyond those reported[6] - The company did not conduct an audit for the Q1 2022 report, indicating that the figures are unaudited[27] - The company reported a credit impairment loss of ¥742,758.32, an increase from ¥670,367.24 in the previous year[22] - The company reported a total of 56,681,560 restricted shares, with no shares released or added during the period[14] - The cash flow from operating activities showed a positive trend despite a total cash outflow of ¥264,530,066.90 in operational expenses[25] - The company experienced a negative impact of ¥1,189,456.63 from exchange rate fluctuations on cash and cash equivalents[26]
双一科技(300690) - 关于参加山东辖区上市公司2021年度投资者网上集体接待日活动的公告
2021-11-15 07:46
证券代码:300690 证券简称:双一科技 公告编号:2021-049 山东双一科技股份有限公司 关于参加山东辖区上市公司 2021 年度 投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整,没有虚假记载、 误导性陈述或重大遗漏。 为进一步加强与广大投资者的互动交流,切实提高公司透明度、规范运作和治理水平, 山东双一科技股份有限公司(以下简称"公司")将参加由山东监管局、山东上市公司协会 联合举办的"山东辖区上市公司 2021 年度投资者网上集体接待日"活动,现将有关事项公 告如下: 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的互联网平台举 行,投资者可登录"全景•路演天下"(http://rs.p5w.net)参与本次投资者网上集体接待 日活动,本次活动时间为 2021 年 11 月 16 日(星期二)下午 14:00-16:00。 届时公司董事会秘书、副总经理兼投资总监马骏先生与证券事务代表王首扬先生将通过 网络在线形式与投资者进行交流沟通,欢迎广大投资者积极参与。 特此公告 山东双一科技股份有限公司 董事会 2021 年 11 月 15日 ...
双一科技(300690) - 2021 Q3 - 季度财报
2021-10-26 16:00
Financial Performance - The company's revenue for Q3 2021 was ¥189,226,550.95, a decrease of 65.01% compared to the same period last year[3] - Net profit attributable to shareholders was ¥19,775,672.54, down 87.69% year-on-year[3] - The company reported a 30.58% decrease in revenue for the first nine months of 2021, totaling ¥750,834,870.85[8] - The net profit for the third quarter of 2021 was CNY 146,128,488.00, a decline of 56.7% compared to CNY 337,675,668.33 in the same period of 2020[17] - The net profit for Q3 2021 was CNY 124,541,313.85, a decrease of 56.4% compared to CNY 285,664,044.82 in the same period last year[19] - Basic earnings per share were ¥0.12, representing a decrease of 91.84% compared to the previous year[3] - The basic earnings per share for Q3 2021 was CNY 0.75, down from CNY 2.62 in Q3 2020[19] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥53,518,503.16, a decline of 71.73%[3] - The company experienced a 72.00% decline in net cash flow from operating activities for the first nine months, compared to ¥189,292,151.53 in the previous year[8] - Cash inflow from operating activities totaled CNY 892,536,539.61, a decline of 10% from CNY 991,696,556.03 in the previous year[22] - The net cash flow from operating activities was CNY 53,518,503.16, significantly lower than CNY 189,292,151.53 in the same period last year[22] - Cash outflow from investment activities was CNY 977,709,115.54, compared to CNY 1,698,101,531.58 in the previous year, indicating a reduction in investment spending[23] - The net cash flow from investment activities was -CNY 52,094,818.14, an improvement from -CNY 84,241,991.09 in the same period last year[23] - The company experienced a cash outflow of CNY 110,942,541.30 for debt repayment and interest distribution, compared to CNY 72,839,070.95 in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,566,297,407.43, down 6.55% from the end of the previous year[3] - The total assets as of September 30, 2021, were CNY 1,566,297,407.43, down from CNY 1,676,123,828.24 at the end of 2020, a decrease of 6.6%[16] - The total liabilities decreased to CNY 260,292,121.32 from CNY 393,045,741.18, a reduction of 33.7%[16] - The company's equity attributable to shareholders increased to CNY 1,305,905,985.95 from CNY 1,284,487,321.31, an increase of 1.7%[16] - The company’s total equity attributable to shareholders increased by 1.67% to ¥1,305,905,985.95[4] Operational Efficiency - The company faced increased production costs due to rising prices of key raw materials, while the bidding prices for wind power mainframes continued to decline, exerting pressure on profit margins[15] - The company reported a significant decrease in management expenses, down 34.01% to ¥41,251,558.96 for the first nine months[8] - The total operating revenue for the third quarter of 2021 was CNY 750,834,870.85, a decrease of 30.6% compared to CNY 1,081,647,776.76 in the same period of 2020[17] - The total operating costs for the third quarter of 2021 were CNY 614,683,412.27, down 17.8% from CNY 747,929,948.76 in the previous year[17] Inventory and Receivables - Accounts receivable decreased to CNY 307,445,720.59 from CNY 347,509,837.44, a reduction of 11.5%[14] - Inventory levels decreased to CNY 181,134,921.09 from CNY 195,250,561.55, reflecting a decline of 7.2%[15] Audit and Reporting - The company did not undergo an audit for the Q3 2021 report[25]
双一科技(300690) - 2021 Q2 - 季度财报
2021-07-23 16:00
Revenue and Financial Performance - The company's operating revenue for the first half of 2021 was ¥561,608,319.90, representing a 3.84% increase compared to ¥540,815,077.42 in the same period last year[29]. - The net profit attributable to shareholders decreased by 15.85% to ¥105,757,106.91 from ¥125,670,673.00 year-on-year[29]. - The net profit after deducting non-recurring gains and losses was ¥99,433,487.96, down 18.30% from ¥121,704,858.80 in the previous year[29]. - The net cash flow from operating activities was ¥39,338,646.53, a decline of 42.59% compared to ¥68,526,716.45 in the same period last year[29]. - The total assets at the end of the reporting period were ¥1,566,020,218.94, down 6.57% from ¥1,676,123,828.24 at the end of the previous year[29]. - The basic earnings per share decreased by 44.35% to ¥0.640 from ¥1.15 in the same period last year[29]. - The weighted average return on net assets was 8.14%, down from 11.65% in the previous year[29]. - The operating cost increased by 26.11% to ¥386,274,160.61 from ¥306,291,957.28, indicating rising production costs[60]. - The gross margin for wind power supporting products decreased by 13.90% to 30.03%, while the gross margin for non-metal molds decreased by 11.25% to 36.24%[63]. Market and Industry Risks - The company acknowledges the potential for significant adjustments in the domestic and global wind power industry, which could adversely affect market demand and profitability[5]. - The company is aware of the risks associated with export business fluctuations, which could impact performance if global support for the wind power industry diminishes[9]. - The company faces risks related to talent retention, as the need for high-quality personnel increases with business expansion, which could impact operations if not managed properly[8]. - The company is exposed to foreign exchange risks, particularly with USD settlements, which could negatively affect profits if the USD continues to depreciate against the RMB[10]. Research and Development - The company has established leading research centers for composite materials and non-metallic materials, holding multiple patents and a skilled R&D team, which are crucial for maintaining competitive advantage[12]. - The company focuses on the research, production, and sales of composite materials, with no significant changes in its main business or products during the reporting period[36]. - In the first half of 2021, the company added 16 patents, including 5 invention patents and 11 utility model patents, bringing the total to 132 patents[50]. - The company has invested in a new subsidiary to enhance R&D capabilities and attract high-level talent in composite materials[51]. - The company is actively pursuing partnerships with research institutions and universities to enhance its technological capabilities[51]. Corporate Governance and Shareholder Relations - The company plans to not distribute cash dividends or issue bonus shares, indicating a focus on reinvestment rather than shareholder returns[14]. - The company has established a sound corporate governance structure, ensuring significant cash dividends to shareholders annually[100]. - The company held its annual shareholders' meeting with a participation rate of 44.06%[87]. - The company has an employee stock incentive plan in place, with 1,914,667 restricted shares granted at a price of 9.2226 per share[90][91]. - The company completed the repurchase and cancellation of 15,000 restricted shares from a departing employee[92][93]. Financial Management and Fundraising - Total amount of raised funds during the reporting period was RMB 23,177.8 million[69]. - Cumulative amount of raised funds reached RMB 36,633.04 million, with 19.53% of funds repurposed[69]. - The company raised RMB 55,696.08 million through the issuance of 17.34 million shares at RMB 32.12 per share[69]. - The net amount of raised funds after deducting issuance costs was RMB 48,264.00 million[69]. - The company has established a three-party supervision agreement for the management of raised funds[69]. Operational Efficiency and Cost Control - The company has implemented a comprehensive cost control system, improving gross margins and risk resilience through strategic supplier relationships[53]. - The company focuses on standardized performance assessments in production, ensuring accountability and continuous improvement[48]. - The company has a specialized production advantage with a complete process flow for composite materials, supported by a skilled production team[52]. Strategic Partnerships and Client Relationships - The company has strengthened partnerships with major wind power companies such as Siemens Gamesa, Vestas, and Goldwind, indicating a concentrated customer base that could affect profitability if major clients reduce orders[6]. - The company has established long-term stable business relationships with global enterprises like Vestas and Siemens Gamesa[37]. - The company is focused on enhancing production technology and maintaining strategic cooperation with clients to improve its position in the global supply chain[57]. Asset Management and Financial Position - The company's total liabilities decreased to CNY 279,734,283.35 from CNY 393,045,741.18, a reduction of approximately 28.8%[156]. - The company's equity attributable to shareholders increased slightly to CNY 1,285,893,728.53 from CNY 1,284,487,321.31, showing a marginal increase of about 0.1%[157]. - The company reported a significant reduction in contract liabilities from CNY 55,380,846.18 to CNY 8,385,075.22, a decrease of approximately 84.9%[156]. - The total number of shares increased from 110,878,505 to 166,317,757 after the implementation of a cash dividend of 10 RMB per 10 shares and a capital reserve conversion of 5 shares for every 10 shares[131]. Compliance and Legal Matters - The company has not been penalized for any environmental violations during the reporting period, adhering to multiple environmental protection laws[98]. - There were no significant lawsuits or arbitration matters during the reporting period[112]. - The company did not engage in any major related party transactions during the reporting period[113].