凯迪股份(605288) - 2025 Q2 - 季度财报

Important Notice](index=2&type=section&id=Important%20Notice) This unaudited report includes declarations of accuracy and completeness by management, risk statements for forward-looking information, and confirms no profit distribution or illegal fund appropriations - This semi-annual report is unaudited[5] - The company's responsible person, head of accounting, and head of accounting department declare the financial report to be true, accurate, and complete[5] - Forward-looking descriptions of future plans and development strategies in this report are subject to uncertainties and do not constitute substantive commitments to investors[6] - No profit distribution plan or capital reserve to share capital increase plan for the reporting period[6] - No non-operating fund appropriations by controlling shareholders or other related parties, nor any external guarantees provided in violation of prescribed decision-making procedures[7][8] Section 1 Definitions](index=4&type=section&id=Section%201%20Definitions) This section defines common terms used in the report, clarifying references to key entities like the Company, controlling shareholders, and subsidiaries for accurate understanding - Clarifies that "Company", "This Company", "Issuer", and "Kaidi Co., Ltd." all refer to Changzhou Kaidi Electrical Co., Ltd[15] - Defines the controlling shareholder Changzhou Kaizhong Investment Co., Ltd. (Kaizhong Investment) and other major subsidiaries, such as Kaicheng Precision, Kaidi USA, Kaidi Europe, and Kaidi Vietnam[15] - The reporting period is defined as January 1, 2025, to June 30, 2025[15] Section 2 Company Profile and Key Financial Indicators](index=4&type=section&id=Section%202%20Company%20Profile%20and%20Key%20Financial%20Indicators) This section outlines the company's basic information, contact details, stock overview, and key accounting data and financial indicators for the reporting period, noting a 5.64% increase in operating revenue but significant declines of 42.67% and 43.69% in total profit and net profit attributable to parent company shareholders, respectively I. Company Information](index=4&type=section&id=I.%20Company%20Information) The company's full name is Changzhou Kaidi Electrical Co., Ltd., abbreviated as Kaidi Co., Ltd., with Zhou Rongqing as its legal representative Company Basic Information | Indicator | Content | | :--- | :--- | | Chinese Name | 常州市凯迪电器股份有限公司 | | Chinese Abbreviation | 凯迪股份 | | Legal Representative | 周荣清 | II. Contact Person and Contact Information](index=4&type=section&id=II.%20Contact%20Person%20and%20Contact%20Information) Discloses contact information for the company's Board Secretary Lu Xiaobo and Securities Affairs Representative Xu Xiaoxing, including address, telephone, and fax - The Board Secretary is Lu Xiaobo, and the Securities Affairs Representative is Xu Xiaoxing, with the contact address for both being No. 2 Hengcui Road, Jiangcun, Henglin Town, Wujin District, Changzhou City, Jiangsu Province[14] III. Brief Introduction to Changes in Basic Information](index=5&type=section&id=III.%20Brief%20Introduction%20to%20Changes%20in%20Basic%20Information) The company's registered and office addresses remained unchanged during the reporting period, and its website and email address are consistent - The company's registered address and office address remained unchanged during the reporting period[17] - The company's website is www.czkaidi.cn, and its email address is zqb@czkaidi.cn[17] IV. Information Disclosure and Changes in Document Custody Location](index=5&type=section&id=IV.%20Information%20Disclosure%20and%20Changes%20in%20Document%20Custody%20Location) The company designates "Shanghai Securities News" and "China Securities Journal" for information disclosure, publishes its semi-annual report on the Shanghai Stock Exchange website, and keeps documents at the company's securities department - Information disclosure newspapers are "Shanghai Securities News" and "China Securities Journal", and the website address is **http://www.sse.com.cn**[18](index=18&type=chunk) V. Company Stock Overview](index=5&type=section&id=V.%20Company%20Stock%20Overview) The company's stock is A-shares, listed on the Shanghai Stock Exchange, with the stock abbreviation Kaidi Co., Ltd. and stock code 605288 Company Stock Information | Stock Type | Stock Exchange | Stock Abbreviation | Stock Code | | :--- | :--- | :--- | :--- | | A-share | Shanghai Stock Exchange | 凯迪股份 | 605288 | VII. Company's Key Accounting Data and Financial Indicators](index=5&type=section&id=VII.%20Company's%20Key%20Accounting%20Data%20and%20Financial%20Indicators) During the reporting period, the company's operating revenue increased by 5.64%, but total profit, net profit attributable to shareholders of the listed company, and net profit after deducting non-recurring gains and losses all significantly decreased, with net cash flow from operating activities also decreasing by 11.91% (I) Key Accounting Data](index=5&type=section&id=(I)%20Key%20Accounting%20Data) Operating revenue increased by 5.64%, but total profit and net profit attributable to parent company shareholders decreased by 42.67% and 43.69% respectively, with net cash flow from operating activities decreasing by 11.91% Key Accounting Data（2025年1-6月 vs Prior Period） | Key Accounting Data | Current Period (Jan-Jun) (RMB) | Prior Period (RMB) | Change vs. Prior Period (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 608,327,399.87 | 575,836,377.67 | 5.64 | | Total Profit | 35,494,118.44 | 61,916,827.45 | -42.67 | | Net Profit Attributable to Shareholders of the Listed Company | 31,152,827.17 | 55,324,880.75 | -43.69 | | Net Profit Attributable to Shareholders of the Listed Company After Deducting Non-Recurring Gains and Losses | 24,835,617.11 | 52,764,330.17 | -52.93 | | Net Cash Flow from Operating Activities | 97,772,017.01 | 110,987,336.04 | -11.91 | Assets and Liabilities Data（End of Current Period vs End of Prior Year） | Indicator | End of Current Period (RMB) | End of Prior Year (RMB) | Change vs. Prior Year-End (%) | | :--- | :--- | :--- | :--- | | Net Assets Attributable to Shareholders of the Listed Company | 2,222,758,821.39 | 2,222,490,505.24 | 0.01 | | Total Assets | 2,877,835,992.77 | 2,841,523,646.24 | 1.28 | (II) Key Financial Indicators](index=5&type=section&id=(II)%20Key%20Financial%20Indicators) Basic and diluted earnings per share both decreased by 44.30% year-on-year, while weighted average return on net assets and weighted average return on net assets after deducting non-recurring gains and losses also significantly declined Key Financial Indicators（2025年1-6月 vs Prior Period） | Key Financial Indicators | Current Period (Jan-Jun) | Prior Period | Change vs. Prior Period (%) | | :--- | :--- | :--- | :--- | | Basic EPS (RMB/share) | 0.44 | 0.79 | -44.30 | | Diluted EPS (RMB/share) | 0.44 | 0.79 | -44.30 | | Basic EPS After Non-Recurring Gains/Losses (RMB/share) | 0.35 | 0.75 | -53.33 | | Weighted Average ROE (%) | 1.40 | 2.53 | decrease 1.13 percentage points | | Weighted Average ROE After Non-Recurring Gains/Losses (%) | 1.11 | 2.41 | decrease 1.3 percentage points | - The change in basic earnings per share, diluted earnings per share, and basic earnings per share after deducting non-recurring gains and losses is primarily due to the decrease in net profit[23] IX. Non-Recurring Gains and Losses Items and Amounts](index=6&type=section&id=IX.%20Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) During the reporting period, the company's total non-recurring gains and losses amounted to RMB 6,317,210.06, primarily comprising government grants, fair value changes, and disposal gains/losses from financial assets Non-Recurring Gains and Losses Items and Amounts | Non-Recurring Gains and Losses Item | Amount (RMB) | | :--- | :--- | | Gains and Losses on Disposal of Non-current Assets | 21,399.92 | | Government Grants Recognized in Profit or Loss for the Current Period | 2,431,304.08 | | Gains and Losses from Fair Value Changes and Disposal of Financial Assets and Liabilities Held by Non-financial Enterprises, Excluding Effective Hedge Accounting Related to Normal Business Operations | 5,523,324.73 | | Other Non-Operating Income and Expenses Apart from the Above Items | 86,953.92 | | Less: Income Tax Impact | 1,745,772.59 | | Total | 6,317,210.06 | Section 3 Management Discussion and Analysis](index=7&type=