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富瑞特装(300228) - 2015 Q2 - 季度财报
FuruiseFuruise(SZ:300228)2015-08-24 16:00

Financial Performance - Total revenue for the first half of 2015 was CNY 745,263,906.09, a decrease of 29.75% compared to CNY 1,060,843,368.23 in the same period last year[17]. - Net profit attributable to ordinary shareholders was CNY 54,740,386.83, down 53.53% from CNY 117,785,368.11 year-on-year[17]. - Basic earnings per share decreased by 54.02% to CNY 0.40, down from CNY 0.870 in the same period last year[17]. - The net profit after deducting non-recurring gains and losses was CNY 49,842,433.63, a decline of 53.81% from CNY 107,895,937.47 year-on-year[17]. - The company reported a total profit of CNY 63,244,075.11, a decrease of 54.2% from CNY 137,683,209.82 in the previous year[137]. - The operating profit was CNY 56,696,095.72, down 54.7% from CNY 125,500,420.05 in the same period last year[137]. - The company recorded a total comprehensive income of CNY 52,730,420.33, down 55.0% from CNY 117,309,947.22 in the previous year[138]. Cash Flow and Investments - The net cash flow from operating activities increased by 7.69% to CNY 109,330,099.29, compared to CNY 101,526,023.95 in the previous year[17]. - The cash flow from investment activities was negative CNY 205,256,338.96, primarily due to increased investment in heavy equipment projects, representing a significant increase of 183.50%[39]. - The net cash flow from investing activities was -¥188,799,035.33, worsening from -¥71,821,253.04 in the previous year[145]. - The net cash flow from financing activities was -¥140,716,691.91, compared to -¥19,561,398.93 in the same period last year[145]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,047,306,329.28, a decrease of 6.81% from CNY 3,270,016,834.09 at the end of the previous year[17]. - The company's total liabilities decreased to ¥1,778,000,000.00 from ¥1,900,000,000.00, a decline of approximately 6.4%[124]. - The company's equity attributable to shareholders increased to CNY 1,219,832,749.40, up from CNY 1,161,619,328.66, representing a growth of 5.0%[131]. Shareholder Information - The company proposed a capital reserve conversion plan, distributing 10 shares for every 10 shares held, with no cash dividends[6]. - The company implemented a cash dividend plan, distributing 2.00 RMB per 10 shares to shareholders, totaling 272,189,000 RMB based on a total share count of 136,094,500 shares as of March 31, 2015[72]. - The total number of shareholders at the end of the reporting period is 7,298[109]. - Major shareholders include Wu Pinfang and Huang Feng, each holding 12.59% of the shares, totaling 17,150,000 shares[110]. Operational Developments - The company plans to invest CNY 180 million in a project to produce 30,000 tons of liquid hydrogen materials and 20,000 sets of hydrogen energy equipment annually[33]. - The company is actively expanding its LNG bus market and has seen an increase in orders for LNG ship supply systems and automotive engine remanufacturing[32]. - The company is focusing on technology innovation to enhance product competitiveness amid a challenging market environment[24]. Market Conditions and Risks - The company is facing risks related to market demand due to the economic slowdown and fluctuating oil and gas prices[31]. - The company achieved operating revenue of CNY 745,263,906.09, a decrease of 29.75% compared to the same period last year, primarily due to low international oil prices and a slowdown in domestic economic growth affecting LNG equipment demand[40]. - The company faces challenges due to declining LNG application economics amid falling oil prices and a sluggish domestic LNG vehicle market, necessitating a market-oriented natural gas pricing mechanism[62]. Research and Development - Research and development expenses amounted to CNY 28,496,200, accounting for 3.82% of sales revenue, with no capitalized costs[47]. - The company is developing a series of new products, including a 950L large-capacity LNG vehicle gas cylinder, which aims to enhance its market position in the LNG vehicle supply system[50]. - The company has initiated the development of a containerized LNG refueling station, which integrates multiple functions and emphasizes safety and efficiency[54]. Governance and Compliance - The financial report was approved by the board of directors on August 24, 2015, indicating a structured governance process[166]. - The company has confirmed its ability to continue as a going concern for the next 12 months, with no significant issues affecting this capability[170]. - The audit of the semi-annual financial report was conducted by Jiangsu Gongzheng Tianye Accounting Firm, confirming compliance with auditing standards[98].