2016 年第一季度报告 公司代码：600959 公司简称：江苏有线 江苏省广电有线信息网络股份有限公司 2016 年第一季度报告 1 / 23 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 13 | 2016 年第一季度报告 一、 重要提示 二、 公司主要财务数据和股东变化 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增减 | | --- | --- | --- | --- | | | | | (%) | | 总资产 | 18,746,266,851.97 | 18,584,449,224.11 | 0.87 | | 归属于上市公司 | 12,314,146,331.61 | 12,090,700,136.26 | 1.85 | | 股东的净资产 | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | 经营活动产生的 现金流量净额 | 205,538,804.68 ...

2015 年年度报告 公司代码：600959 公司简称：江苏有线 江苏省广电有线信息网络股份有限公司 2015 年年度报告 1 / 157 2015 年年度报告 重要提示 六、 前瞻性陈述的风险声明 四、 公司负责人顾汉德、主管会计工作负责人陈健 及会计机构负责人（会计主管人员）陈健声 明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 公司2015年度的利润分配预案拟定为：以2015年12月31日公司总股本2,988,099,845股为基数，以 资本公积向全体股东每10股转增3股。 本年度报告内容涉及的未来计划等前瞻性陈述不构成公司对投资者的实质性承诺，敬请投资者注 意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司已在本报告中详细描述可能存在的相关风险，敬请查阅第四节"管理层讨论与分析"中关于 公司可能面对的风险因素及对策部分的内容。 2 / 157 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、准确、完整， 不存在虚 ...

Financial Performance - Revenue for the first nine months rose by 6.74% to CNY 3.46 billion year-on-year[7] - Net profit attributable to shareholders decreased by 1.37% to CNY 671.86 million compared to the same period last year[7] - The net profit excluding non-recurring gains increased by 3.54% to CNY 639.58 million[7] - Operating profit for the first nine months of 2015 reached CNY 613,151,780.45, slightly up from CNY 599,984,605.86 in the same period last year, representing a growth of 2.0%[39] - Total revenue from sales and services for the first nine months was CNY 3,400,685,674.80, an increase of 3.0% from CNY 3,301,984,417.61 in the previous year[40] - Net profit for Q3 was 261,242,668.27, a decrease of 16.8% compared to 313,880,747.05 in the previous period[36] - The company reported a total profit for Q3 of 261,657,804.45, down 16.7% from 313,909,117.38 in the previous period[35] Cash Flow - Net cash flow from operating activities decreased by 15.95% to CNY 1.05 billion year-to-date[7] - The net cash flow from operating activities for the first nine months was CNY 1,054,717,640.95, down 15.9% from CNY 1,254,865,195.22 in the same period last year[41] - Cash inflow from operating activities totaled $2,553,755,835.84, an increase of 3.9% compared to $2,458,376,341.61 in the same period last year[45] - Net cash flow from operating activities decreased to $906,786,463.14, down 7.4% from $979,726,098.57 year-over-year[45] - Total cash inflow from financing activities reached $4,269,887,499.70, significantly higher than $1,520,442,018.64 in the same period last year[46] - Net cash flow from financing activities was $2,676,442,249.48, a substantial increase from -$489,856,787.43 year-over-year[46] Assets and Liabilities - Total assets increased by 22.85% to CNY 18.47 billion compared to the end of the previous year[7] - The company's net assets attributable to shareholders increased by 38.23% to CNY 11.99 billion compared to the end of the previous year[7] - The company's cash and cash equivalents increased to ¥5,188,811,884.02, a growth of 133.46% compared to the beginning of the year[15] - Accounts receivable rose to ¥462,515,086.90, reflecting a 120.19% increase due to revenue recognition progress[15] - The company's total liabilities decreased by 66.61% in accounts payable, amounting to ¥9,812,577.00, due to reduced inventory[16] - Total liabilities amounted to CNY 5,809,167,991.37, an increase from CNY 5,707,239,319.72 year-on-year[29] - Total equity attributable to shareholders reached CNY 11,988,335,610.51, up from CNY 8,672,618,788.38 compared to the previous year[29] Shareholder Actions and Commitments - The company has committed to a 36-month lock-up period for major shareholders post-IPO, extendable under certain conditions[19] - Shareholders are restricted from selling shares below the IPO price for 24 months after the lock-up period ends[19] - The company has outlined a commitment to compensate investors for losses due to any misrepresentation in the prospectus[20] - The company plans to initiate a stock repurchase program if the stock price falls below 120% of the net asset value per share for 5 consecutive trading days[21] - The minimum amount allocated for a single stock repurchase plan is set at 30 million yuan, not exceeding 50% of the previous fiscal year's net profit[22] - The company will ensure that the stock price stabilization measures do not affect the compliance with listing requirements[22] Operational Insights - The company plans to focus on market expansion and new product development in the upcoming quarters[34] - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the provided content[39] - The company reported a significant increase in sales expenses, totaling ¥216,158,403.20, which is a 39.42% rise attributed to enhanced marketing efforts[16] Investment Activities - The company received cash from investments totaling $11,000,000, a decrease of 55.94% compared to the previous period[17] - Cash received from equity investments increased by 147.23%, amounting to $2,472,283.97[17] - Cash paid for investments decreased by 75.00%, totaling $10,000,000[17] - The company raised $3,142,169,600 through public offerings in April, significantly impacting cash flow[17]

Financial Performance - The company's operating revenue for the first half of 2015 was CNY 2,342,141,022.52, representing a 10.78% increase compared to CNY 2,114,133,179.90 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2015 was CNY 429,626,374.37, up 13.60% from CNY 378,187,930.45 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was CNY 411,494,563.01, reflecting a 21.74% increase from CNY 338,010,053.00 in the same period last year[20]. - The net cash flow from operating activities decreased by 12.31% to CNY 588,629,276.10 from CNY 671,224,827.22 in the previous year[20]. - The net assets attributable to shareholders increased by 40.95% to CNY 12,224,195,962.75 from CNY 8,672,618,788.38 at the end of the previous year[20]. - Total assets rose by 20.78% to CNY 18,154,319,614.89 from CNY 15,030,561,887.02 at the end of the previous year[20]. - Basic earnings per share for the first half of 2015 were CNY 0.17, a 6.25% increase from CNY 0.16 in the same period last year[21]. - The weighted average return on net assets was 4.33%, down 7.08 percentage points from 4.60% in the previous year[21]. Cash Flow and Financing - The net cash flow from operating activities decreased by 12.31% to ¥588,629,276.10 from ¥671,224,827.22 in the previous year[32]. - The company successfully raised funds through an A-share IPO, resulting in a net cash flow from financing activities of ¥2,650,966,435.98, a 78.40% increase from ¥1,485,942,878.52[32]. - Total raised funds amounted to ¥3,121,950,800.00, with no funds utilized to date, remaining in a third-party supervision account[43]. - The company committed to invest ¥2,029,000,000.00 in the provincial broadcasting network integration project, with no funds utilized so far[45]. - The company plans to distribute cash dividends of ¥1.60 per share, totaling ¥478,095,975.20, based on a total share capital of 2,988,099,845 shares as of June 30, 2015[49]. Shareholder Information - The total share capital of the company at the end of the reporting period was 2,988,099,845 shares, with 597,000,000 shares newly issued, accounting for 19.98% of the total[66]. - The company had 258,356 shareholders at the end of the reporting period[67]. - The top shareholder, Jiangsu Broadcasting Television Information Network Investment Co., held 538,857,063 shares, representing 18.03% of the total shares[69]. - The second-largest shareholder, CITIC Guoan Communication Co., held 454,899,969 shares, accounting for 15.22%[69]. Corporate Governance and Compliance - The company has maintained compliance with corporate governance regulations, ensuring clear responsibilities among the board, management, and shareholders[62]. - There were no insider trading incidents reported during the period, indicating adherence to insider information management regulations[62]. - The company has not experienced any penalties or corrective actions related to its directors, supervisors, or senior management during the reporting period[62]. - The company has not disclosed any convertible bonds or significant changes in accounting policies during the reporting period[63]. Asset Management - The company reported a total cash balance of ¥5,073,165,891.06 as of June 30, 2015, compared to ¥2,222,533,376.69 at the beginning of the period, reflecting a significant increase[76]. - Total current assets amounted to ¥6,198,458,273.06, up from ¥3,106,515,002.00, indicating a growth of approximately 99.5%[78]. - The company's total assets reached ¥18,154,319,614.89, an increase from ¥15,030,561,887.02, representing a growth of about 14.1%[79]. - Total liabilities decreased to ¥5,280,558,902.98 from ¥5,707,239,319.72, showing a reduction of approximately 7.5%[79]. Revenue Recognition and Accounting Policies - The company confirms revenue from sales of goods when the risks and rewards of ownership are transferred, and the amount can be reliably measured[176]. - Revenue from service provision is recognized based on the percentage of completion method when the outcome can be reliably estimated[176]. - The company has not made any significant changes to its important accounting policies during the reporting period[185]. - The company adheres to the accounting standards and its financial statements reflect a true and complete picture of its financial status and operating results[115]. Investment and Development - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[84]. - The company aims to develop new products and services, including "smart community" and "smart broadcasting" projects[29]. - The company is committed to improving service quality and operational efficiency through advanced technology applications[30]. Accounts Receivable and Bad Debt Provisions - Total accounts receivable at the end of the period amounted to ¥429,342,280.79, with a bad debt provision of ¥28,975,195.34, representing a provision rate of 6.75%[198]. - The beginning balance of accounts receivable was ¥231,411,178.38, with a bad debt provision of ¥21,360,434.67, reflecting a provision rate of 9.23%[198]. - The company recorded a bad debt provision of ¥7,614,760.67 during the period, with no recoveries or reversals[199].

Financial Performance - Net profit attributable to shareholders rose by 5.37% to CNY 221,096,672.96 year-on-year[7]. - Operating revenue grew by 8.50% to CNY 1,083,457,115.23 compared to the same period last year[7]. - Net cash flow from operating activities increased by 6.09% to CNY 136,325,922.83 year-on-year[7]. - Basic and diluted earnings per share remained stable at CNY 0.09[7]. - Investment income rose by 3,245,866.46 yuan, an increase of 82.47% compared to the same period last year[14]. - The profit attributable to minority shareholders increased by 9,467,399.14 yuan, a growth of 61.58% compared to the previous year[14]. - Total operating revenue for Q1 2015 was CNY 1,083,457,115.23, an increase of 8.5% compared to CNY 998,605,899.84 in the same period last year[31]. - Net profit for Q1 2015 reached CNY 245,938,302.05, representing a 9.2% increase from CNY 225,204,936.63 in Q1 2014[31]. - The total comprehensive income for Q1 2015 was CNY 245,938,302.05, compared to CNY 225,204,936.63 in the same period last year, indicating a growth of 9.2%[33]. Asset and Liability Changes - Total assets increased by 0.54% to CNY 15,112,033,563.13 compared to the end of the previous year[7]. - The company's total liabilities decreased from CNY 5,707,239,319.72 to CNY 5,542,772,693.78, indicating a reduction of approximately 2.88%[26]. - The total equity increased from CNY 9,323,322,567.30 to CNY 9,569,260,869.35, reflecting a growth of about 2.64%[26]. - The company's total liabilities decreased to CNY 4,582,280,866.80 from CNY 4,703,756,028.72 year-over-year, a reduction of approximately 2.6%[30]. - The total equity increased to CNY 8,740,244,275.28, up from CNY 8,544,543,669.08, reflecting a growth of 2.3%[30]. Cash Flow Analysis - Cash flow from operating activities was CNY 1,099,608,590.44, an increase from CNY 980,750,600.70 in the previous year[36]. - The net cash flow from operating activities for Q1 2015 was CNY 136,325,922.83, an increase from CNY 128,503,546.91 in the previous period, reflecting a growth of approximately 6.2%[37]. - Total cash inflow from operating activities was CNY 1,158,487,306.74, compared to CNY 1,059,985,292.89 in the prior year, indicating an increase of about 9.3%[37]. - Cash outflow from operating activities totaled CNY 1,022,161,383.91, up from CNY 931,481,745.98, representing an increase of approximately 9.7%[37]. - The net cash flow from financing activities increased by 33,113,783.33 yuan, a growth of 314.73% due to increased bank borrowings[15]. - Cash inflow from financing activities was CNY 48,865,144.64, significantly higher than CNY 15,521,177.98 in the prior year, marking an increase of approximately 214.5%[38]. - The net cash flow from financing activities was CNY 43,634,961.31, compared to CNY 10,521,177.98 in the previous period, indicating a growth of about 314.5%[38]. Shareholder Information - The number of shareholders at the end of the reporting period was 18[10]. - The largest shareholder, Jiangsu Broadcasting Television Information Network Co., Ltd., held 23.29% of shares[11]. - The second-largest shareholder, CITIC Guoan Communication Co., Ltd., held 19.02% of shares[11]. Share Repurchase and Lock-up Commitments - The company has committed to a 36-month lock-up period for shares held by major shareholders following the IPO, with potential extensions under certain conditions[16]. - The company reported a commitment to repurchase all newly issued shares at the issuance price plus interest if the prospectus is found to contain false statements or omissions by regulatory authorities[17]. - The company will initiate a stock buyback program within three trading days after a regulatory determination of false statements in the prospectus, with the buyback price adjusted for any dividends or stock splits[18]. - Shareholders are restricted from transferring or managing their shares directly or indirectly for 36 months post-IPO, with an automatic extension of 6 months if stock prices fall below the IPO price for 20 consecutive trading days[18]. - The company has committed to ensuring that any share reduction after the lock-up period will not exceed 20% of the total shares held as of the last trading day of the previous year[17]. - If the stock price falls below the net asset value per share for five consecutive trading days within three years post-IPO, the company will activate a stock price stabilization plan[18]. - The company has a policy to disclose any share reduction plans in accordance with relevant laws and regulations, ensuring transparency in the process[17]. - The company will compensate investors for losses incurred due to false statements in the prospectus, adhering to judicial determinations regarding compensation amounts[18]. - The company will not repurchase shares during the lock-up period, ensuring compliance with regulatory requirements[18]. - The company has outlined specific conditions under which it will initiate a stock price stabilization plan, focusing on maintaining investor confidence[18]. - The company will adjust the repurchase price for any dividends or stock splits that occur after the initial public offering[17]. - The company plans to implement a stock repurchase program with a minimum funding of 30 million CNY, not exceeding 50% of the previous year's net profit[19]. - The stock price stabilization measures will be activated if the closing price is below the net asset value for 20 consecutive trading days[19]. - The company will hold an investor meeting within 10 trading days to discuss operational status, financial indicators, and development strategies[19]. - If the stock price exceeds the net asset value for 5 consecutive trading days, the stabilization measures will be halted[19]. - The company will ensure that the shareholding structure remains compliant with listing requirements during the stock repurchase[20]. - The total amount for stock repurchase in a single plan should not exceed the total cash dividends received from the company in the previous year[20]. - The company commits to publicly disclose reasons for any failure to fulfill commitments and will apologize to shareholders[21]. - In case of non-compliance due to force majeure, the company will propose new commitments and accept relevant restrictions until fulfilled[21]. - The company will not engage in public refinancing if it fails to fulfill commitments[21]. - The company will compensate investors for losses incurred due to non-fulfillment of commitments[21]. Other Financial Metrics - Short-term borrowings increased by 10,000,000.00 yuan, a growth of 41.14% compared to the beginning of the year[13]. - Employee compensation payable decreased by 110,522,730.02 yuan, a decline of 36.37% due to year-end bonus accruals from the previous year[13]. - Tax payable decreased by 10,208,236.88 yuan, a reduction of 63.50% as taxes were paid in the first quarter[13]. - Long-term borrowings increased by 33,865,144.64 yuan, representing a growth of 30.92% due to new bank loans[13]. - The loss from asset impairment decreased by 1,254,302.52 yuan, a reduction of 41.22% as the company intensified collection efforts[14]. - Cash and cash equivalents decreased by 125,985,787.02 yuan, a decline of 76.64% primarily due to the impact of investment recoveries and borrowings[15]. - Cash and cash equivalents at the end of the first quarter were CNY 2,184,135,067.08, slightly down from CNY 2,222,533,376.69 at the beginning of the year[24]. - Accounts receivable rose to CNY 235,902,085.63 from CNY 210,050,743.71, marking an increase of approximately 12.3%[24]. - The company's inventory increased from CNY 248,098,499.92 to CNY 259,208,243.83, representing a growth of about 4.5%[24]. - The company's prepaid expenses grew from CNY 231,705,859.88 to CNY 280,676,855.23, indicating an increase of about 21.1%[24]. - Long-term equity investments increased from CNY 317,081,459.26 to CNY 324,263,277.38, a growth of approximately 2.5%[25]. - The company reported a potential net loss or significant change in net profit compared to the same period last year, indicating caution in future performance expectations[23]. - The company's cash and cash equivalents balance at the end of the period for the parent company was CNY 1,689,007,899.71, down from CNY 1,751,458,156.96, indicating a decrease of about 3.6%[41].