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春风动力净利下降产能利用率滑坡 负债6亿外销坐滑梯

2017-09-01 09:11:23   中国经济网

  2017年7月11日,春风动力首发申请获通过。2017年8月8日,启动申购,发行价格为13.63元/股。网下最终发行数量为333.24万股,占本次发行数量的9.997%;网上

  2013年至2016年,春风动力实现营业收入分别为109,813.82万元、133,875.19万元、120,019.83万元、140,105.33万元,归属母公司所有者的净利润分别为4,290.29万元、9,089.90万元、5,928.50万元、8,826.78万元。从2014年开始春风动力营业收入总体呈下降趋势。

  2017年1-3月,春风动力实现营业收入33,914.07万元,较去年同期增长38.22%,实现归属于母公司股东的净利润2,964.77万元,较去年同期增长88.23%。

  春风动力预计,2017年1-6月营业收入在72,300万元-88,300万元,相比上年同期增长13%至38%,净利润在5,500万元至6,700万元区间,相比上年同期增长23%至51%。

  2013年至2016年,春风动力应收账款账余额分别为7,476.13万元、16,821.59万元、13,303.05万元和13,557.81万元,应收账款规模较大。应收账款净额分别为7,112.63万元、16,316.52万元、12,682.81万元、12,609.62万元,占当期营业收入比重6.48%、12.19%、10.57%、9.00%。应收账款周转率分别为15.93、11.02、7.97、10.43。

  报告期内,公司坏账准备金额逐年上升分别为363.50万元、505.08万元、620.25万元、948.19万元。

  2013年至2016年,春风动力存货账面价值分别为23,487.19万元、25,040.41万元、22,081.66万元、20,843.33万元,占流动资产的比例分别为29.98%、22.91%、25.35%、20.67%。存货周转率分别为3.92、4.81、4.73、5.84。

  2013年至2016年,春风动力综合毛利率分别为24.18%、25.99%、28.79%、33.09%。

  报告期内,全地形车每台售价为25,450.19元、25,879.20元、27,664.94元、28,623.88元;摩托车每台售价为10,258.03元、16,742.42元、14,852.45元、20,038.99元。

  招股书显示,2013年至2016年,全地形车产能利用率分别为74.39%、79.14%、60.18%、53.87%;摩托车产能利用率分别为78.86%、78.20%、79.14%、110.15%。

  2013年至2016年,春风动力负债总额分别为83,039.19万元、104,953.51万元、56,405.93万元、62,089.21万元。截至2017年3月31日,春风动力负债总额为57,861.02万元。报告期内,春风动力司合并口径资产负债率分别为106.01%、96.01%、64.75%和61.57%。

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