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德石股份(301158) - 2023 Q1 - 季度财报
2023-04-28 16:00
Financial Performance - The company's revenue for Q1 2023 was ¥88,939,116.20, representing a 57.66% increase compared to ¥56,413,521.20 in the same period last year[5] - Net profit attributable to shareholders reached ¥13,406,918.90, a significant increase of 684.36% from ¥1,709,273.57 year-on-year[5] - The basic earnings per share (EPS) rose to ¥0.0892, up 682.46% from ¥0.0114 in the previous year[5] - Total operating revenue for Q1 2023 reached ¥88,939,116.20, a significant increase of 57.5% compared to ¥56,413,521.20 in the same period last year[20] - Operating profit for the quarter was ¥15,394,366.30, up from ¥2,171,958.76, reflecting a substantial growth in profitability[21] - Net profit attributable to the parent company was ¥13,406,918.90, compared to ¥1,709,273.57 in the previous year, marking a year-over-year increase of 684.5%[21] - Basic and diluted earnings per share improved to ¥0.0892 from ¥0.0114, indicating enhanced shareholder value[22] Cash Flow - The net cash flow from operating activities improved to ¥6,693,412.78, a turnaround from a negative cash flow of ¥62,141,841.28 in the same period last year, marking a 110.77% increase[5] - Cash inflow from operating activities totaled ¥85,474,670.74, significantly higher than ¥48,913,015.43 in the prior year[24] - The cash outflow from operating activities was reduced to ¥78,781,257.96 from ¥111,054,856.71, indicating better cash management practices[24] - The net cash flow from operating activities for Q1 2023 was $6,693,412.78, a decrease from -$62,141,841.28 in the previous period[25] - The net cash flow from investing activities was $373,455,336.31, compared to -$209,803,117.35 in the previous period[25] - Cash inflow from financing activities totaled $551,329,930.49, with a net cash flow of $551,123,305.50 after outflows[25] - The net increase in cash and cash equivalents for the quarter was $379,685,591.76, up from $278,242,045.54 in the previous period[25] - The ending balance of cash and cash equivalents was $527,117,442.65, compared to $330,019,470.41 at the end of the previous period[25] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥1,542,594,568.47, a slight decrease of 0.26% from ¥1,546,666,795.20 at the end of the previous year[5] - Total liabilities decreased to ¥268,096,116.94 from ¥284,801,649.38, indicating improved financial stability[21] - Total current liabilities decreased to ¥257,810,905.01 from ¥274,203,567.96, a decline of approximately 6%[18] - The company's total equity increased to ¥1,274,498,451.53 from ¥1,261,865,145.82, reflecting a positive trend in shareholder equity[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,504[13] - The largest shareholder, Yantai Jereh Petroleum Service Group Co., Ltd., holds 44.15% of the shares, totaling 66,382,210 shares[13] - The number of restricted shares held by major shareholders remains significant, with Yantai Jereh holding 66,382,210 restricted shares[15] - The company has no preferred shareholders as indicated in the report[14] - The company plans to lift restrictions on certain shares on January 17, 2023, affecting several major shareholders[15] Operating Costs and Efficiency - The company experienced a 55.34% increase in operating costs, which totaled ¥58,246,915.72, due to the rise in sales orders[11] - The company reported a decrease in total operating costs to ¥76,283,845.50 from ¥54,648,510.92, improving operational efficiency[20] - Research and development expenses were ¥1,964,380.97, slightly down from ¥2,213,420.57, suggesting a focus on cost management[20] Other Income - The company recorded an investment income of ¥2,086,055.77, reflecting a 100.00% increase compared to the previous year[11] - The company reported a significant increase in other operating income, which reached ¥23,000.00, a 1293.55% increase from ¥1,650.46 in the same period last year[11] Audit Status - The report for Q1 2023 was not audited[26]
德石股份(301158) - 2022 Q4 - 年度财报
2023-04-20 16:00
德州联合石油科技股份有限公司2022年年度报告全文 德州联合石油科技股份有限公司 2022 年年度报告 股票代码:301158 股票简称:德石股份 ...
德石股份(301158) - 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 07:41
证券代码:301158 证券简称:德石股份 公告编号:2022-050 德州联合石油科技股份有限公司 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的内容真实、准确、完整,没有虚假记载、 误导性陈述或者重大遗漏。 为加强与投资者的互动交流,使广大投资者能更加全面地了解公司情况,德 州联合石油科技股份有限公司(以下简称"公司")将参加由中国证券监督管理 委员会山东监管局、山东上市公司协会联合举办的"山东辖区上市公司 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通过深圳市全景网络有限公司提供的互 联网平台,采用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/)参与公司本次投资者网上集体接待日活动;活动 时间为 2022 年 11 月 16 日(星期三)14:00-16:00。 届时公司董事长兼总经理程贵华先生、董事会秘书兼财务总监王海斌先生将 通过网络文字形式与投资者就本公司治理及社会责任、经营状况、发展战略、风 险防控、投资者保护、三季度报告等投 ...
德石股份(301158) - 2022 Q2 - 季度财报
2022-08-09 16:00
Financial Performance - The company's operating revenue for the first half of 2022 was RMB 166,210,201.91, representing a 7.36% increase compared to RMB 154,822,288.20 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was RMB 24,802,226.45, up 9.24% from RMB 22,705,131.73 year-on-year[18]. - The net profit after deducting non-recurring gains and losses was RMB 22,659,566.89, reflecting a 19.26% increase from RMB 19,000,397.01 in the previous year[18]. - The company's total assets increased by 48.70% to RMB 1,447,009,608.29 from RMB 973,078,531.25 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company rose by 85.52% to RMB 1,214,762,176.19 from RMB 654,801,827.61 at the end of the previous year[18]. - The basic earnings per share decreased by 20.00% to RMB 0.16 from RMB 0.20 in the same period last year[18]. - The net cash flow from operating activities was negative at RMB -66,284,663.03, a decline of 294.12% compared to RMB -16,818,338.03 in the previous year[18]. - The weighted average return on equity was 2.21%, down from 3.71% in the same period last year, a decrease of 1.50%[18]. - The company's operating costs increased to ¥107,114,523.55, which is a 7.36% rise from ¥99,775,658.84 in the same period last year[45]. - The company achieved a gross margin of 45.84% for drilling tools, which is an increase of 2.22% compared to the previous year[47]. Research and Development - The company has a strong R&D focus, with dedicated departments for continuous improvement and new product development in drilling tools and equipment[29]. - The company's R&D investment rose by 8.91% to ¥5,178,111.88, compared to ¥4,754,636.01 in the previous year[45]. - The company has established a comprehensive R&D system, holding 19 invention patents and 59 utility model patents, focusing on advanced drilling tools and equipment[40]. - The company is focusing on enhancing R&D efforts to meet the evolving demands for the comprehensive performance of drilling tools in both domestic and international markets[84]. Market Position and Strategy - The company operates in the oil and gas drilling equipment manufacturing and service industry, with a focus on high-temperature, high-pressure, and high-sulfur environments, indicating a strong technical capability[25]. - The company is positioned to benefit from the ongoing high international oil and gas prices and increased domestic exploration efforts due to energy security concerns[25]. - The company has established stable partnerships with major domestic energy companies such as PetroChina, Sinopec, and CNOOC, as well as international firms like NOV and BICO[27]. - The company is the second largest manufacturer of downhole power drilling tools in the domestic market, with plans to enhance its competitive edge through project implementation and product diversification[34]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[112]. - A strategic acquisition of a local competitor is anticipated to enhance operational efficiency and market reach, expected to be finalized by Q4 2022[113]. Environmental and Social Responsibility - The company has established a chromium wastewater treatment system and a water reuse treatment system to prevent pollution, which have been operational since October 2018 and December 2019, ensuring compliance with discharge standards[96]. - The company emphasizes social responsibility, focusing on environmental protection, employee rights, and community engagement[100]. - The company has implemented a self-monitoring plan for environmental emissions, with third-party testing conducted regularly, and results entered into the pollution source information sharing system[99]. - The company has obtained certifications for occupational health and safety management and environmental management systems, ensuring institutionalized and standardized environmental protection efforts[104]. Future Outlook - The company expects a revenue growth of 25% for the second half of 2022, driven by new product launches and market expansion[113]. - Future guidance includes a focus on sustainable practices, aiming for a 50% reduction in carbon emissions by 2025[111]. - The company plans to allocate at least 80% of cash dividends in profit distribution if it is in a mature development stage without significant capital expenditure[115]. - The company is committed to maintaining a dividend payout ratio of 40% for the fiscal year 2022[113]. Shareholder and Governance - The company has committed to maintaining actual control over its shares for at least six months following the IPO, ensuring no transfer or delegation of management of shares[108]. - Shareholders have pledged that any reduction in shareholding within two years after the lock-up period will not be below the issuance price[109]. - The company has established a commitment to protect the legal rights of its shareholders, particularly minority shareholders[117]. - The company will ensure that all related party transactions are conducted under normal commercial conditions[120]. Cash Flow and Financing - The company reported a significant increase in cash flow from financing activities, amounting to ¥513,776,390.13, a 3,675.10% increase from -¥14,370,953.88 in the previous year[45]. - The company’s cash and cash equivalents increased by 311.04% to ¥76,439,274.11, compared to -¥36,220,464.88 in the previous year[45]. - The company reported a total cash inflow from investment activities of 100,023,600.00 CNY, with cash outflow amounting to 471,854,077.84 CNY, leading to a net cash flow from investment activities of -371,830,477.84 CNY[195]. - Cash inflow from financing activities was 551,329,930.49 CNY, while cash outflow was 37,553,540.36 CNY, resulting in a net cash flow from financing activities of 513,776,390.13 CNY[195].
德石股份(301158) - 2022 Q1 - 季度财报
2022-04-26 16:00
Financial Performance - The company's operating revenue for Q1 2022 was ¥56,413,521.20, representing an increase of 18.13% compared to ¥47,754,919.78 in the same period last year[3] - The net profit attributable to shareholders was ¥1,709,273.57, a 2.31% increase from ¥1,670,717.23 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses surged by 239.01% to ¥1,678,136.98 from ¥495,016.23 in the previous year[3] - Total operating revenue for Q1 2022 was CNY 56,413,521.20, an increase of 18.3% compared to CNY 47,754,919.78 in the previous year[17] - Total operating costs for Q1 2022 were CNY 54,648,510.92, up from CNY 49,856,391.68, reflecting a growth of 9.0%[17] - Net profit for Q1 2022 was CNY 1,709,273.57, slightly up from CNY 1,670,717.23, indicating a growth of 2.3% year-over-year[18] Assets and Equity - The total assets at the end of Q1 2022 reached ¥1,467,074,093.92, marking a 50.77% increase from ¥973,078,531.25 at the end of the previous year[3] - The equity attributable to shareholders increased by 84.42% to ¥1,207,591,342.97 from ¥654,801,827.61 at the end of the last year[3] - Total current assets rose to ¥1,285,739,812.70 from ¥786,162,925.17, indicating a growth of approximately 63.5%[13] - Non-current assets totaled CNY 181,334,281.22, a decrease from CNY 186,915,606.08[15] - Total liabilities amounted to CNY 259,482,750.95, down from CNY 318,276,703.64[15] - Total equity attributable to shareholders was CNY 1,207,591,342.97, an increase from CNY 654,801,827.61[15] Cash Flow - The net cash flow from operating activities was -¥62,141,841.28, a decline of 334.16% compared to -¥14,312,966.35 in the same period last year[3] - Cash inflow from operating activities totaled CNY 48,913,015.43, compared to CNY 51,544,843.85 in the previous year[20] - The net cash flow from operating activities was -62,141,841.28, compared to -14,312,966.35 in the previous year, indicating a significant increase in cash outflow[22] - The net cash flow from financing activities was 551,123,305.50, contrasting with a cash outflow of -282,750.01 in the previous year, showing a strong inflow from financing[22] - The total net increase in cash and cash equivalents was 278,242,045.54, compared to a decrease of -17,518,691.82 in the prior year[23] - The ending balance of cash and cash equivalents reached 330,019,470.41, significantly higher than 25,936,458.70 at the end of the previous year[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,289[9] - The largest shareholder, Yantai Jereh Petroleum Service Group Co., Ltd., holds 44.15% of shares, totaling 66,382,210 shares[9] - The company has no preferred shareholders as indicated in the report[11] - The total number of restricted shares at the end of the period is 114,716,939[11] Operational Highlights - The company received government subsidies amounting to ¥196,400.00 during the reporting period, contributing to other income[5] - The company reported a significant decrease in financial expenses by 88.91% to ¥145,215.11, primarily due to increased interest income from raised funds[7] - The company reported a total payment to employees of 15,975,674.40, up from 14,423,202.45 year-over-year[22] - Tax payments increased to 18,630,052.50 from 15,441,799.40, reflecting a rise in tax obligations[22] Inventory and Receivables - Inventory increased to ¥274,770,940.56 from ¥236,530,263.82, reflecting a growth of about 16.2%[13] - The company’s total receivables decreased from ¥317,693,234.76 to ¥299,785,613.59, a decline of approximately 5.6%[13] Other Financial Information - The company did not conduct an audit for the first quarter report, indicating that the figures are unaudited[23] - The cash flow from investment activities was heavily impacted by a payment of 209,300,000.00 related to other investment activities[22] - The company experienced a foreign exchange loss of -936,301.33, which affected the cash and cash equivalents[23] - The company plans to release 1,939,129 shares from lock-up on July 17, 2022, following its IPO[11] - The company's cash and cash equivalents increased by 743.56% to ¥548,317,720.50 due to funds raised from the initial public offering[6]
德石股份(301158) - 2021 Q4 - 年度财报
2022-04-14 16:00
Financial Performance - The company's operating revenue for 2021 was approximately ¥445.15 million, representing a 5.50% increase compared to ¥421.95 million in 2020[16]. - The net profit attributable to shareholders for 2021 was approximately ¥62.41 million, a 3.62% increase from ¥60.22 million in 2020[16]. - The net cash flow from operating activities increased by 38.01% to approximately ¥38.20 million in 2021, up from ¥27.68 million in 2020[16]. - The total assets at the end of 2021 were approximately ¥973.08 million, reflecting a 9.97% increase from ¥884.84 million at the end of 2020[16]. - The net assets attributable to shareholders increased by 8.06% to approximately ¥654.80 million at the end of 2021, compared to ¥605.96 million at the end of 2020[16]. - The basic earnings per share for 2021 were ¥0.55, up 3.77% from ¥0.53 in 2020[16]. - The weighted average return on equity for 2021 was 9.95%, a decrease of 0.43% from 10.38% in 2020[16]. - The company reported a net profit of ¥62,405,374.22 for the year 2021, with a distributable profit of ¥172,752,981.35 after statutory surplus reserves[173]. Dividend Distribution - The company plans to distribute a cash dividend of ¥1.20 per 10 shares to all shareholders, based on a total of 150,370,510 shares[4]. - A cash dividend of ¥1.20 per 10 shares (including tax) will be distributed, totaling ¥18,044,461.20, which represents 100% of the profit distribution[170]. Market Position and Competitive Advantage - The company is ranked second in the domestic market for screw drill tools, indicating a strong competitive position[31]. - The company has established stable partnerships with major domestic energy companies, including China National Petroleum Corporation and China Petroleum & Chemical Corporation[35]. - The company has a strong focus on technological innovation to adapt to various harsh operating environments, enhancing its competitive edge in the market[35]. - The company has established a strong competitive advantage in the domestic drill tool market, holding the second-largest market share, with a diverse range of products suitable for various drilling conditions[42]. Research and Development - The company has accumulated significant research and development capabilities, holding 51 utility model patents and 15 invention patents, and has been recognized as a "High-tech Enterprise"[43]. - The company has established a comprehensive R&D system with a focus on drilling tools and equipment, holding 15 invention patents and 51 utility model patents[59]. - The company achieved a research and development investment of ¥13,670,407.87 in 2021, representing 3.07% of its operating revenue[81]. - The company is enhancing its R&D efforts to meet the diverse and evolving demands for screw drilling tools in the domestic and international markets[109]. Operational Efficiency - The company’s production model is based on "sales-driven production," ensuring efficient operations and timely adjustments based on market demand[39]. - The company has implemented a procurement strategy that prioritizes cost-effectiveness and quality stability, maintaining strong relationships with several key suppliers[38]. - The company has a well-defined organizational structure with clear roles and responsibilities across various departments[177]. - The company has established a detailed contract management system to ensure the accuracy and completeness of contract data[192]. Financial Management and Internal Controls - The company has a structured financial management system with clear responsibilities, ensuring the authenticity and completeness of financial reports[190]. - The company has established a comprehensive internal control system in compliance with relevant laws and regulations, ensuring effective execution and no significant omissions[175]. - The internal control evaluation included all subsidiaries, ensuring a holistic approach to risk management and compliance[197]. - The company reported zero significant or important deficiencies in financial and non-financial reporting, reflecting strong internal controls[199]. Market Outlook and Strategic Plans - The company expects global energy demand to continue growing in the long term, driven by economic globalization and rising living standards in emerging economies[97]. - The average Brent crude oil price is projected to remain in the range of $80-90 per barrel in 2022, which is expected to stimulate exploration and development investments[97]. - The company aims to enhance its market position by increasing R&D and sales investments, focusing on high-temperature screw drill tools and accelerating tool applications[102]. - The company plans to expand its product rental services and provide engineering technical services for horizontal and directional wells, enhancing customer loyalty and market competitiveness[103]. Governance and Management - The company held two shareholder meetings in 2021, adhering to the established governance procedures[117]. - The board of directors convened five meetings in 2021, following the regulations set forth in the company's articles of association[118]. - The company has established an independent financial accounting system and does not share bank accounts with controlling shareholders, ensuring financial autonomy[129]. - The company has a complete internal governance structure, with independent decision-making and operational capabilities[130]. Employee Management and Development - The total number of employees at the end of the reporting period was 663, with 375 in production, 43 in sales, and 75 in technical roles[165][166]. - The company has established a performance-based compensation system to attract and retain key talent, aligning employee remuneration with company performance[167]. - The company has implemented a comprehensive training program for employees, focusing on safety, skills, and regulatory training[168]. - The company prioritizes employee training and development to enhance workforce quality and innovation capabilities[179].