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信雅达(600571) - 2014 Q2 - 季度财报
2014-08-29 16:00
Financial Performance - The company's operating revenue for the first half of 2014 was approximately CNY 387.63 million, representing a 28.25% increase compared to CNY 302.24 million in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2014 was approximately CNY 43.86 million, reflecting a 43.05% increase from CNY 30.66 million in the previous year[18]. - The basic earnings per share for the first half of 2014 was CNY 0.216, up 43.05% from CNY 0.151 in the same period last year[18]. - The weighted average return on net assets increased to 6.91% from 5.21%, an increase of 1.70 percentage points[18]. - The company achieved a revenue of RMB 388 million in the first half of 2014, representing a year-on-year increase of 28.25%[26]. - The net profit attributable to the parent company was RMB 43.86 million, reflecting a growth of 43.05% year-on-year, primarily driven by the contributions from core business operations[26]. - The company reported a total profit of ¥46,272,195.90, up from ¥29,236,451.59, reflecting an increase of approximately 58.5%[154]. - The net profit for the current period is CNY 92,031,518.39, which contributes to a total comprehensive income of CNY 96,498,583.19, indicating a strong performance[169]. Cash Flow and Liquidity - The net cash flow from operating activities improved to approximately CNY -146.64 million, a 19.69% improvement compared to CNY -182.58 million in the previous year[18]. - The company reported a negative cash flow from operating activities of RMB -146.64 million, indicating a need for improved cash collection efforts in the second half of the year[32]. - Cash and cash equivalents decreased by 35.39% to ¥75,652,606.97 due to increased inventory and expanded sales scale[36]. - Cash inflow from operating activities totaled ¥457,167,432.16, compared to ¥269,702,074.35 in the previous period, representing a growth of about 69.5%[160]. - Cash outflow from operating activities was ¥603,808,146.09, up from ¥452,286,932.06, indicating an increase of approximately 33.5%[160]. - The net cash flow from operating activities was -¥146,640,713.93, an improvement from -¥182,584,857.71 in the previous period[160]. - Total cash and cash equivalents at the end of the period amounted to 35,357,483.24 RMB, a decrease from 79,620,249.90 RMB at the end of the previous period[164]. Assets and Liabilities - The total assets at the end of the reporting period were approximately CNY 1.09 billion, a 12.99% increase from CNY 965.36 million at the end of the previous year[18]. - Total liabilities amounted to CNY 445,449,261.86, up from CNY 331,596,154.26, reflecting a rise of about 34%[147]. - Shareholders' equity reached CNY 645,329,689.04, an increase from CNY 633,765,200.45, indicating a growth of approximately 2.8%[147]. - The total amount of special reserves at the end of the period is CNY 21,280,947.23, reflecting prudent financial management practices[170]. Investment and R&D - Research and development expenses increased by 54.01% to RMB 33.25 million, highlighting the company's commitment to innovation and product development[32]. - The company’s investment in fixed assets and intangible assets rose significantly, with cash payments for fixed asset purchases increasing by 435.62% to ¥5,651,642.76[37]. - The company reported an investment income increase of 805.51% to ¥2,136,143.36 as a result of higher gains from stock sales compared to the previous period[37]. - The company has invested in new technologies and products, although specific figures were not disclosed in the report[146]. Shareholder and Equity Information - The total number of shareholders reached 12,368 by the end of the reporting period[126]. - The company reported a total share count of 202,629,180 after the cancellation of 58,200 incentive shares, reducing the registered capital from 202,687,380 to 202,629,180[123]. - The largest shareholder, Hangzhou Xinyada Electronics Co., Ltd., holds 43,053,003 shares, representing 21.25% of the total shares[128]. - The total number of restricted shares that can be traded in the market is set to increase by 150,000 shares on November 2, 2014, due to the company's incentive plan[130]. Corporate Governance and Compliance - The company did not experience any penalties or administrative actions from the China Securities Regulatory Commission during the reporting period[110]. - The company’s governance practices were reported to be in compliance with relevant regulations and standards set by the China Securities Regulatory Commission[117]. - The company has not reported any significant litigation or arbitration matters that have not been previously announced[72]. Accounting Policies and Financial Reporting - The financial statements are prepared based on the principle of going concern, ensuring the company's ongoing viability[179]. - The company adheres to the enterprise accounting standards, ensuring accurate financial reporting[179]. - The company has not made any changes to its accounting policies or estimates during the reporting period[119].
信雅达(600571) - 2014 Q1 - 季度财报
2014-04-25 16:00
Financial Performance - Operating income for the first quarter was CNY 158,793,088.83, representing a 3.67% increase year-on-year[9] - Net profit attributable to shareholders was CNY 11,389,410.74, a 12.48% increase compared to the same period last year[9] - Basic earnings per share increased by 12.00% to CNY 0.056 compared to the same period last year[9] - The company reported a significant decrease of 71.20% in net profit after deducting non-recurring gains and losses, amounting to CNY 1,873,473.25[9] - Total operating revenue for Q1 2014 was CNY 158,793,088.83, an increase of 3.6% compared to CNY 153,165,648.73 in the same period last year[30] - Net profit for Q1 2014 reached CNY 8,202,490.91, representing a 11.8% increase from CNY 7,336,731.23 in Q1 2013[31] - The net profit attributable to shareholders of the parent company was CNY 11,389,410.74, up 12.5% from CNY 10,125,366.70 in the previous year[31] - Basic and diluted earnings per share for Q1 2014 were both CNY 0.056, compared to CNY 0.05 in Q1 2013[31] Assets and Liabilities - Total assets increased by 1.07% to CNY 975,681,012.27 compared to the end of the previous year[9] - Total assets increased to ¥975,681,012 from ¥965,361,354, reflecting growth in both current and non-current assets[22] - Total liabilities increased slightly to ¥333,821,224 from ¥331,596,154, indicating stable financial leverage[24] - Total liabilities decreased to CNY 199,539,848.72 from CNY 247,056,470.88 at the start of the year, a reduction of 19.2%[28] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 135,126,946.67, a decrease of 38.24% compared to the previous year[9] - Operating cash inflow from sales of goods and services increased to ¥139,128,272.47 from ¥118,527,229.59, representing a growth of approximately 17.4%[35] - Total cash inflow from operating activities reached ¥176,124,494.33, compared to ¥140,064,061.10 in the previous period, reflecting a growth of approximately 25.7%[35] - Net cash flow from operating activities was negative at -¥135,126,946.67, worsening from -¥97,750,861.64 in the prior period[36] Shareholder Information - The total number of shareholders as of the reporting date was 17,284[13] - The largest shareholder, Hangzhou Xinyada Electronics Co., Ltd., holds 21.25% of the shares, totaling 43,053,003 shares[13] Other Financial Metrics - The weighted average return on net assets was 1.84%, a decrease of 0.01 percentage points compared to the previous year[9] - Accounts receivable decreased significantly to ¥1,868,480 from ¥12,880,000 due to the use of acceptance bills for payment[15] - Prepayments increased substantially to ¥33,307,935 from ¥7,561,123 due to increased advance payments for raw materials by the environmental company[15] - Short-term borrowings rose sharply to ¥126,000,000 from ¥73,400,000 due to increased operational costs and raw material purchases[15] - Management expenses increased significantly to ¥79,166,542 from ¥60,225,159 due to an increase in personnel and related costs[16] - Investment income turned positive at ¥1,550,975 compared to a loss of ¥1,854,009 in the previous period due to the sale of part of the stock holdings[16] - Cash received from tax refunds increased to ¥9,812,747 from ¥4,578,428 due to increased VAT refunds on software product sales[17] - Cash received from government subsidies increased significantly to ¥27,183,474 from ¥16,958,402[18] - Cash paid for purchasing goods and services rose to ¥109,215,906 from ¥79,882,915 due to increased payments for accounts payable[18]
信雅达(600571) - 2013 Q4 - 年度财报
2014-03-19 16:00
Financial Performance - The company achieved a net profit of ¥92,031,518.39 for the year 2013, with a total distributable profit of ¥243,996,754.38 after statutory reserve allocation[6]. - The company achieved operating revenue of RMB 924.36 million in 2013, representing a 29.76% increase compared to RMB 712.36 million in 2012[19]. - Net profit attributable to shareholders was RMB 92.03 million, up 31.13% from RMB 70.18 million in the previous year[19]. - The net profit after deducting non-recurring gains and losses increased by 62.27% to RMB 71.99 million from RMB 44.37 million in 2012[19]. - The company's total assets reached RMB 965.36 million, a 6.62% increase from RMB 905.41 million at the end of 2012[19]. - The company reported a negative net cash flow from operating activities of RMB -5.96 million, a decline of 105.79% from RMB 102.95 million in 2012[24]. - The company reported a total investment of 75,300,000 CNY in financial securities, holding 38,571,429 shares, representing 2.14% of the company's equity[56]. - The company reported a total of CNY 64,575,365.38 in other comprehensive income for the current period[153]. - The total comprehensive income for the current period was CNY 96,498,583.19, which includes net profit and other comprehensive income[153]. Dividends and Shareholder Returns - A cash dividend of ¥1.40 per 10 shares (including tax) will be distributed to shareholders, totaling ¥28,368,085.20[6]. - The company has committed to a cash dividend of CNY 1.10 per 10 shares, totaling CNY 22,295,611.80 for the 2012 fiscal year[73]. Research and Development - Research and development expenses rose by 25.76% to RMB 248.04 million, compared to RMB 197.23 million in 2012[24]. - The company plans to enhance its financial IT software and equipment offerings to become a leading provider in the domestic market[22]. - The company is investing in research and development for new technologies to stay competitive in the market[98]. Market Strategy and Competition - The company plans to maintain a flexible market response system and increase investment in basic technology and product development to mitigate industry technology upgrade risks[9]. - The company faces risks from market competition, particularly from new entrants using unreasonable low pricing, and will enhance product R&D to maintain competitive advantages[10]. - The company has identified new market opportunities in the environmental technology sector, particularly in response to air pollution events[41]. - The company aims to transition from customized solutions to standardized products and IT comprehensive solutions to improve efficiency and profitability[65]. Financial Position and Liabilities - The total liabilities amounted to RMB 331,596,154.26, a decrease from RMB 343,593,926.84, indicating a reduction of about 3.5%[130]. - The company's total equity reached RMB 633,765,200.45, up from RMB 561,815,185.24, representing an increase of approximately 12.8%[130]. - The company's total liabilities to equity ratio improved to approximately 52.3% from 61.1%, indicating a stronger equity position relative to its liabilities[130]. Shareholder Structure and Equity - The largest shareholder, Hangzhou Xinyada Electronics Co., Ltd., holds 21.24% of the shares, totaling 43,053,003 shares, with 31,420,000 shares pledged[88]. - The total number of shareholders at the end of the reporting period was 13,559, with an increase to 15,779 before the report was disclosed[88]. - The company has no other corporate shareholders holding more than 10% of the shares as of the end of the reporting period[95]. Internal Control and Governance - The company has implemented a comprehensive internal control system, with no significant defects found in design or execution[121]. - The company maintains a transparent communication channel with shareholders, ensuring equal treatment of all shareholders, especially minority shareholders[109]. - The company has established a long-term mechanism to prevent the controlling shareholder from infringing on the interests of the listed company[108]. Future Outlook and Guidance - The company’s revenue budget for 2014 is set at CNY 1.1 billion, representing a 19% growth compared to the previous period[69]. - Future guidance indicates a cautious outlook, with expectations for gradual recovery in revenue growth[98]. Employee and Management Information - The total number of employees in the parent company is 838, while the total number of employees across major subsidiaries is 2,332, resulting in a combined total of 3,170 employees[101]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to 5.1442 million yuan[102]. - The company has established a performance evaluation and incentive mechanism for directors, supervisors, and senior management personnel[110]. Compliance and Regulatory Matters - The company has not faced any penalties or administrative actions from the China Securities Regulatory Commission during the reporting period[82]. - The company strictly adheres to information disclosure regulations, ensuring accurate and timely disclosure of relevant information[110]. Subsidiaries and Investments - The company has a total of 10 subsidiaries, with varying ownership stakes, including 100% ownership in Ningbo Economic and Technological Development Zone Xinyada Sanjin System Engineering Co., Ltd.[196]. - The company is actively involved in research and development of environmental technology and equipment, aiming to enhance its competitive edge[199].