半年报存贷双高遭问询 科达制造回复

Financial Overview - The company has a cash balance of 3.392 billion yuan and short-term loans of 1.586 billion yuan, indicating a high level of both cash and debt [1] - As of June 30, 2025, the average daily cash balance was 303.55 million yuan, with interest income of 33.28 million yuan and an average interest rate of 2.19% [1] - The average balance of interest-bearing liabilities was 7.243 billion yuan, with interest expenses of 134.10 million yuan and an average interest rate of 3.70% [1] - The high cash and interest-bearing liabilities are primarily due to the development needs of three major business segments: overseas building materials, building machinery, and lithium battery materials [1] Debt Structure - The overseas building materials segment has a loan balance of 361.10 million yuan, accounting for 46.48% of the total, with an average interest rate of 4.06% [1] - The company has non-current liabilities due within one year amounting to 2.121 billion yuan and long-term loans of 4.074 billion yuan [1] Construction Projects - The book value of construction in progress as of June 30, 2025, is 1.214 billion yuan, representing a year-on-year increase of 21.16% [1] - During the reporting period, cash payments for the acquisition of fixed assets amounted to 1.071 billion yuan [1] - Major ongoing projects include the second phase of the Fujian Keda New Energy project and the intelligent production project for negative electrode materials in Chongqing [1] Prepayments - The balance of prepayments over the last three years and as of June 30, 2025, has shown an increase, with the latest balance at 459 million yuan [2] - The balance of prepayments over one year has increased by 96.28% to 56.79 million yuan, primarily due to prepayments for equipment from SYSTEMCERAMICSS.P.A. amounting to 32.01 million yuan [2] - This prepayment is related to fulfilling orders from overseas customers, with the supplier having shipped the goods by the end of April 2025 [2]