DHKJ(600288)

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大恒科技(600288) - 2014 Q1 - 季度财报
2014-04-25 16:00
Financial Performance - Operating revenue for the period was CNY 664,426,481.99, representing a decline of 3.49% year-on-year[12]. - Net profit attributable to shareholders of the listed company was a loss of CNY 14,641,527.03, a decrease of 404.59% compared to the same period last year[12]. - The company reported a net profit margin decline, reflecting challenges in maintaining profitability amidst revenue decreases[31]. - Total operating revenue for the current period is CNY 29,819,318.45, a decrease of 6.6% from CNY 31,877,702.58 in the previous period[34]. - Operating profit for the current period is CNY 17,173,033.57, an increase of 8.6% compared to CNY 15,764,667.54 in the previous period[34]. - Net profit for the current period is CNY 17,109,354.67, up 8.8% from CNY 15,673,621.05 in the previous period[34]. - The company incurred a net loss of CNY 36,072,464.64, compared to a net loss of CNY 762,598.95 in the previous period[32]. - The company’s total comprehensive income for the current period is CNY -36,072,464.64, a significant decline from CNY 2,203,561.05 in the previous period[32]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,341,422,594.97, a decrease of 0.07% compared to the previous year-end[11]. - Total assets decreased from CNY 3,343,826,885.74 at the beginning of the year to CNY 3,341,422,594.97 at the end of the period, a decline of approximately 0.07%[24]. - Current assets slightly decreased from CNY 2,270,630,266.69 to CNY 2,268,762,283.94, a reduction of about 0.08%[22]. - Cash and cash equivalents decreased significantly from CNY 683,173,777.75 to CNY 487,663,315.33, a drop of approximately 28.7%[22]. - Accounts receivable remained stable, with a slight increase from CNY 450,009,462.13 to CNY 450,360,266.99, an increase of about 0.08%[22]. - Inventory increased from CNY 910,020,354.05 to CNY 1,006,521,857.29, representing a growth of approximately 10.6%[22]. - Total liabilities increased from CNY 1,559,608,032.11 to CNY 1,593,276,205.98, an increase of about 2.16%[24]. - Current liabilities rose from CNY 1,541,134,862.95 to CNY 1,574,803,036.82, an increase of approximately 2.2%[23]. - Shareholders' equity decreased from CNY 1,784,218,853.63 to CNY 1,748,146,388.99, a decline of about 2.02%[24]. Cash Flow - The net cash flow from operating activities was negative CNY 201,195,905.09, an improvement from negative CNY 240,831,015.22 in the previous year[12]. - Cash flow from operating activities shows a net outflow of CNY -201,195,905.09, an improvement from CNY -240,831,015.22 in the previous period[36]. - Total cash and cash equivalents at the end of the period is CNY 478,789,831.08, slightly up from CNY 473,063,146.87 in the previous period[38]. - Net cash flow from investing activities was -$71,077,050, a significant decrease compared to -$19,759,331.01 in the previous period[41]. - Cash outflow for investment activities totaled $71,077,050, with $71,000,000 related to other investment activities[41]. - Cash flow from financing activities resulted in a net outflow of -$727,500, compared to -$412,500 in the previous period[41]. - The net increase in cash and cash equivalents was -$78,309,329.40, down from -$24,148,666.29 in the prior period[41]. - The ending balance of cash and cash equivalents was $121,800,662.82, a decrease from $203,883,882.36 at the beginning of the period[41]. Shareholder Information - The total number of shareholders at the end of the reporting period was 45,525[15]. - The largest shareholder, China New Era Co., Ltd., held 33.72% of the shares, totaling 147,300,000 shares[15]. Other Financial Metrics - The weighted average return on net assets was -1.05%, a decrease of 1.39 percentage points compared to the previous year[12]. - Prepaid accounts increased by 75.70% to CNY 228,511,130.63 due to increased advance payments for goods[18]. - The company reported a significant increase in non-operating income, which rose by 335.69% to CNY 9,549,135.24, primarily due to increased tax refunds[18]. - The company reported a total operating cost of CNY 717,940,060.11, an increase of 2.0% from CNY 698,624,543.82 in the previous period[32]. - The company’s financial expenses increased to CNY 8,426,364.77 from CNY 6,862,789.62, marking a rise of 22.8%[32]. - Cash inflow from the disposal of fixed assets and other long-term assets was $286,366.99[41]. - Cash outflow for the acquisition of fixed assets and other long-term assets was $77,050.00[41]. - Cash paid for dividends and interest was $727,500, an increase from $412,500 in the previous period[41]. - The company did not report any cash inflow from financing activities such as borrowing or bond issuance[41]. - The cash flow from investment activities was primarily impacted by significant cash outflows related to other investment activities[41].
大恒科技(600288) - 2013 Q4 - 年度财报
2014-04-22 16:00
Financial Performance - The company achieved a net profit of ¥32,752,511.13 in 2013, with a net profit attributable to shareholders of ¥37,083,512.54, representing a decrease of 45.42% compared to the previous year[4]. - Total revenue for 2013 was ¥3,548,694,779.17, down 7.33% from ¥3,829,461,905.10 in 2012[23]. - The basic earnings per share decreased to ¥0.0849 in 2013, a decline of 45.40% from ¥0.1555 in 2012[24]. - The weighted average return on equity decreased to 2.65% in 2013, down 2.29 percentage points from 4.94% in 2012[24]. - The net profit attributable to the parent company was 37.08 million yuan, down 45.42% from the adjusted net profit of 67.94 million yuan in 2012[31]. - The company's net profit margin for the year is not explicitly stated but can be inferred from the increase in retained earnings to CNY 712,950,655.89 from CNY 705,552,569.19, indicating a slight increase in profitability[154]. - The net profit for the year 2013 was CNY 72,894,198.20, a decrease from CNY 96,095,010.04 in the previous year, representing a decline of approximately 24.1%[177]. Revenue and Costs - The company achieved operating revenue of 3.549 billion yuan in 2013, a decrease of 7.34% compared to 3.830 billion yuan in 2012[31]. - The total cost of sales decreased by 7.98% to 2.96 billion yuan from 3.22 billion yuan from the previous year[48]. - Total operating revenue decreased to ¥3,548,694,779.17 from ¥3,829,461,905.10, representing a decline of approximately 7.3% year-over-year[161]. - Total operating costs decreased to ¥3,654,893,235.32 from ¥3,792,631,171.37, a reduction of about 3.6% year-over-year[161]. Cash Flow - The net cash flow from operating activities significantly dropped to ¥8,546,981.68, a decrease of 83.68% from ¥52,364,242.57 in 2012[23]. - Cash flow from operating activities generated a net inflow of ¥8,546,981.68, down from ¥52,364,242.57 in the previous year[168]. - The company reported an increase in sales expenses to ¥227,785,260.74 from ¥212,832,462.43, reflecting a rise of approximately 7.0% year-over-year[161]. - Operating cash flow increased to ¥38,871,116.92 from ¥1,768,294.07, representing a significant improvement[170]. - Cash inflow from investment income reached ¥106,516,000.00, a substantial rise from ¥34,532,728.51[170]. Assets and Liabilities - The company's total assets increased by 4.16% to ¥3,343,826,885.74 at the end of 2013, compared to ¥3,210,275,371.87 at the end of 2012[23]. - Total liabilities increased to CNY 1,559,608,032.11 from CNY 1,428,514,644.51, which is an increase of approximately 9.15%[154]. - The company's equity attributable to shareholders rose to CNY 1,407,416,043.42 from CNY 1,387,140,318.95, a growth of approximately 1.99%[154]. Dividends - The company plans to distribute a cash dividend of ¥0.2547 per 10 shares, totaling ¥11,125,296.00 based on the total shares outstanding as of December 31, 2013[4]. - The proposed cash dividend for 2013 is 0.2547 RMB per 10 shares, amounting to a total distribution of 11,125,296 RMB[78]. - The company has maintained a cash dividend payout ratio of approximately 30% for the fiscal year 2013[80]. Research and Development - Research and development expenses increased by 30.05% to 149.92 million yuan from 115.27 million yuan in the previous year[42]. - The total R&D expenditure for the period was CNY 149,917,212.85, indicating a commitment to enhancing technological capabilities[60]. - The company applied for 12 invention patents and 35 utility model patents during the reporting period, showcasing its focus on innovation[60]. Market and Subsidiaries - The company's subsidiary, Ningbo Mingxin, reported a revenue decline of 22.9% compared to 2012, while another subsidiary, Beijing Zhongke Dayang, experienced a loss of 24.77 million yuan[31]. - The subsidiary, China Daheng (Group) Co., Ltd., reported revenue of 2.588 billion yuan, a decrease of approximately 1 billion yuan from 2.691 billion yuan in 2012[35]. - The overall advertising revenue in the broadcasting industry declined, leading to a 26% decrease in the total bidding scale for provincial and municipal stations in 2013 compared to 2012[38]. Governance and Compliance - The company has not experienced any major litigation or arbitration issues during the reporting period[85]. - The company strictly adhered to information disclosure regulations, ensuring timely and accurate communication with shareholders[129]. - The internal control system was evaluated as effective, with no significant deficiencies identified as of December 31, 2013[144]. - The company received a standard unqualified audit opinion from Beijing Xinghua Accounting Firm for its financial statements[147]. Employee and Management - The company employed a total of 3,078 staff, including 275 in the parent company and 2,803 in major subsidiaries[118]. - The total compensation for all directors, supervisors, and senior management amounted to 2.3727 million yuan during the reporting period[114]. - The company has appointed He Jianguo and Yang Xiaohong as vice presidents during the reporting period[116]. Future Outlook - The company anticipates that the global economic recovery will be gradual and that domestic economic growth will remain stable in 2014[70]. - The company plans to focus on technological innovation and new product development, aiming to upgrade from conventional products to mid-to-high-end products[73]. - The company plans to expand its automatic detection business into the beverage and food production sectors, which have significant market potential[36].