江苏雷利(300660) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the reporting period was ¥1,453,706,291.20, representing a 36.78% increase compared to ¥1,062,814,093.41 in the same period last year[36]. - The net profit attributable to shareholders was ¥161,721,972.19, up 21.31% from ¥133,312,132.27 year-on-year[36]. - The net profit after deducting non-recurring gains and losses was ¥160,138,512.72, reflecting a 29.62% increase from ¥123,544,024.12 in the previous year[36]. - The basic and diluted earnings per share increased to ¥0.621, a rise of 20.58% from ¥0.515[36]. - The total assets at the end of the reporting period were ¥4,150,490,074.64, which is a 10.19% increase from ¥3,766,678,130.82 at the end of the previous year[36]. - The net assets attributable to shareholders increased to ¥2,571,459,129.50, up 1.84% from ¥2,524,961,793.63[36]. - The company achieved a revenue of 232.07 million yuan and a net profit of 19.89 million yuan during the reporting period[132]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion yuan for the first half of 2021, representing a year-over-year growth of 20%[190]. Export and Market Performance - The company's export revenue accounted for 43.51% of total operating income during the reporting period[11]. - The company anticipates stable export sales revenue proportions despite potential adverse effects from the appreciation of the RMB against the USD and EUR[11]. - The average export revenue over the past three years accounts for 46.83% of total operating income, primarily settled in USD and EUR[114]. - The company is expanding its market presence, targeting a 10% increase in market share in the Asia-Pacific region by the end of 2021[194]. Cost and Profitability - The average proportion of raw material costs in the company's main business costs over the past three years was 74.48%, significantly impacting profit margins[12]. - Significant price increases in copper and steel materials were observed compared to the same period last year, affecting overall costs[12]. - Operating costs amounted to ¥1,040,524,527.81, reflecting a 37.53% increase compared to the previous year, attributed to revenue growth and rising material costs[60]. - The company has implemented a cost management system to monitor and control production costs, ensuring profitability amidst raw material price fluctuations[57]. Labor and Human Resources - The company faces risks from rising labor costs due to tightening domestic labor resources, which may affect profitability[12]. - The company is committed to improving worker compensation to attract more skilled labor amid rising labor costs[12]. - The company has created 1,140 local jobs, with an average monthly salary of 3,500 yuan for employees[134]. Research and Development - The company emphasizes the importance of technological innovation and new product development to maintain competitive advantages in the market[7]. - The company holds 922 valid patents, including 78 invention patents, showcasing its commitment to innovation and technology[54]. - The company is investing 200 million yuan in R&D for new technologies aimed at improving product efficiency and sustainability[196]. - Research and development expenses were not specified, but the company continues to invest in new product and technology development[60]. Investment and Projects - The investment progress for the micro motor manufacturing project is 44.64%, with a cumulative investment of RMB 10,212.0 million[81]. - The company has signed an investment agreement to establish a wholly-owned subsidiary with an investment of 121.39 million yuan, aimed at producing micro motors and intelligent components[132]. - The company has adjusted the investment direction to focus more on technology and product research and development, optimizing the investment structure to maximize the efficiency of raised funds[92]. Governance and Compliance - The company’s management has confirmed the accuracy and completeness of the financial report, ensuring no significant omissions or misleading statements[5]. - The company has established a risk management strategy focusing on credit risk, liquidity risk, and market risk, with measures in place to mitigate these risks[111]. - The company has made public commitments regarding the authenticity, accuracy, completeness, and timeliness of its prospectus for the issuance[161]. - The company will disclose specific reasons for any failure to fulfill commitments and apologize to investors[156]. Shareholder and Dividend Policies - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[13]. - The board of directors has approved a dividend policy that will distribute 10% of net profits to shareholders, reinforcing the company's commitment to returning value to investors[199]. - The company strictly adheres to the profit distribution policy and dividend return plan as approved by the shareholders' meeting[144]. Environmental and Social Responsibility - The company has not faced any administrative penalties related to environmental issues during the reporting period[130]. - The company is committed to increasing investments in poverty-stricken areas to promote local industrial development and provide employment opportunities[135]. - The company has implemented strict compliance with environmental laws and regulations, ensuring no industrial waste emissions[130].