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雪峰科技(603227) - 2016 Q1 - 季度财报
2016-06-03 16:00
Financial Performance - Operating revenue for the period was CNY 115,126,122.88, representing a year-on-year increase of 9.47%[8] - Net profit attributable to shareholders was a loss of CNY 4,057,635.51, an improvement of 38.48% compared to the previous year's loss[8] - The weighted average return on net assets increased by 0.51 percentage points to -0.33%[8] - Basic earnings per share improved to -CNY 0.012, a 55.55% increase from -CNY 0.027 in the previous year[8] - The company reported a significant increase in non-recurring losses, with a net profit attributable to shareholders after deducting non-recurring gains and losses of -CNY 29,031,904.90[8] - The company reported a net profit margin decline due to increased operating costs, impacting overall profitability[34] - Net profit for Q1 2016 was a loss of CNY 5,309,311.16, compared to a loss of CNY 8,149,341.82 in Q1 2015, showing an improvement of 34.5%[36] - The company reported an operating profit loss of CNY 33,451,467.65 in Q1 2016, compared to a loss of CNY 5,251,221.48 in the previous year[36] - Total comprehensive income for Q1 2016 was a loss of CNY 5,309,311.16, compared to a loss of CNY 8,149,341.82 in Q1 2015[36] Cash Flow and Investments - The net cash flow from operating activities improved to a negative CNY 61,431,796.81, a 14.34% increase compared to the previous year[8] - Cash received from investment recovery was RMB 125 million, doubling from the previous year, mainly due to the recovery of structured financial deposits[15] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets was RMB 23.29 million, a decrease of 37.98% year-on-year, mainly due to higher payments in the previous year for the Ganguo Township project[15] - The net cash flow from operating activities was -61,431,796.81 RMB, compared to -71,716,259.87 RMB in the previous period, indicating an improvement of approximately 14.5%[42] - Total cash inflow from investment activities was 125,613,104.49 RMB, significantly higher than 71,517,119.61 RMB in the previous period, representing an increase of about 75.6%[42] - The net cash flow from investment activities was -7,747,072.99 RMB, a decline from a positive 33,967,290.88 RMB in the previous period[42] - The total cash outflow for investment activities was 133,360,177.48 RMB, compared to 37,549,828.73 RMB in the previous period, indicating a significant increase of about 255.5%[42] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,773,767,562.87, a decrease of 1.66% compared to the end of the previous year[8] - As of March 31, 2016, the total current assets amounted to CNY 1,464,593,547.51, a slight decrease from CNY 1,494,315,341.85 at the beginning of the year[25] - Non-current assets include fixed assets valued at CNY 913,716,481.58, down from CNY 931,170,444.71 at the beginning of the year[25] - Total liabilities were CNY 1,248,556,629.43, a decrease from CNY 1,296,808,453.07 at the beginning of the year[32] - The company reported a decrease of 25.17% in taxes payable at the end of the reporting period, totaling RMB 55.28 million, mainly due to the payment of income tax from the previous year[14] Shareholder Information - The total number of shareholders at the end of the reporting period was 38,986[12] - The largest shareholder, the State-owned Assets Supervision and Administration Commission of Xinjiang, holds 30.71% of the shares[12] Non-Operating Income - The company recognized a non-operating income of CNY 26,405,926.71 from a relocation compensation agreement[9] - Operating income from non-operating activities for the reporting period was RMB 29.97 million, a staggering increase of 4945.89% year-on-year, primarily due to the recognition of relocation compensation income[15] - The net income from relocation compensation recognized during the period was RMB 26.29 million, included in non-operating income[16] - The company recorded a significant non-operating income of CNY 29,974,322.17 in Q1 2016, compared to CNY 594,033.81 in the same period last year[36] Future Outlook - The net profit attributable to shareholders for the first half of 2016 is expected to decrease by 50% to 80%, estimated between CNY 14.07 million and CNY 35.18 million, compared to CNY 70.36 million in the same period last year[20] - The decrease in net profit is primarily due to the previous year's recognition of a CNY 20.12 million asset impairment reversal and a CNY 79.86 million relocation compensation net income[20] - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[34]
雪峰科技(603227) - 2015 Q3 - 季度财报
2015-10-25 16:00
Financial Performance - Operating income decreased by 7.04% to CNY 604,638,026.83 compared to the same period last year[7] - Net profit attributable to shareholders increased by 49.21% to CNY 98,721,308.25 compared to the same period last year[7] - Basic and diluted earnings per share increased by 27.24% to CNY 0.341[7] - Total revenue for Q3 2015 was ¥230,032,838.77, a decrease of 12.5% compared to ¥262,972,984.23 in Q3 2014[25] - Net profit for Q3 2015 was ¥43,629,370.32, down 23.9% from ¥57,300,739.65 in Q3 2014[27] - Earnings per share (EPS) for Q3 2015 was ¥0.098, compared to ¥0.166 in Q3 2014, reflecting a decline of 41.0%[27] - The total profit for the first nine months of 2015 reached ¥157,419,650.82, an increase of 34.9% compared to ¥116,645,773.85 in the same period of 2014[26] - Net profit for the first nine months of 2015 reached CNY 127,263,179.62, up 3.2% from CNY 122,629,963.65 in the same period last year[31] Assets and Liabilities - Total assets increased by 45.15% to CNY 2,510,860,614.76 compared to the end of the previous year[6] - Total liabilities increased to CNY 1,054,855,897.81 from CNY 677,376,281.41, reflecting a rise of around 56%[19] - Total equity increased to CNY 1,456,004,716.95 from CNY 1,052,482,117.19, representing a growth of about 38%[20] - Current assets rose significantly to CNY 1,385,219,651.14, up from CNY 565,182,741.50, marking an increase of about 145%[19] - Non-current assets totaled CNY 1,125,640,963.62, down from CNY 1,164,675,657.10, indicating a decrease of approximately 3%[19] Cash Flow - Net cash flow from operating activities decreased by 95.76% to CNY 2,364,343.01 compared to the same period last year[6] - Cash flow from operating activities for the first nine months was CNY 2,364,343.01, a decrease of 95.8% from CNY 55,823,321.16 in the same period last year[34] - Net cash flow from investment activities was negative at CNY -341,537,852.23, an increase in outflow of 25.74% compared to the same period last year[6] - Net cash flow from financing activities increased by 953.70% to CNY 569,831,641.48 compared to the same period last year[6] - Cash inflow from financing activities reached CNY 937,547,335.00, significantly higher than CNY 280,000,000.00 in the same period last year[37] - Net cash flow from financing activities was CNY 569,190,912.67, compared to CNY 61,498,208.21 in the previous year[37] Shareholder Information - The total number of shareholders reached 49,015 at the end of the reporting period[11] - The top shareholder, Xinjiang Uygur Autonomous Region People's Government, holds 30.71% of the shares[11] Receivables and Payables - Accounts receivable increased by 123.41% compared to the end of the previous year, mainly due to increased sales and service payments during the peak season[14] - Accounts payable increased by 93.62% compared to the end of the previous year, mainly due to unpaid procurement and service fees during the peak season[15] - Other receivables increased by 240.31% compared to the end of the previous year, mainly due to the recognition of relocation compensation receivables[14] Investments - Investment payments increased by 205.93% compared to the same period last year, mainly due to investments in associated companies[15] - The company recognized a net income of RMB 108,677,920.12 from relocation compensation, with a net profit attributable to shareholders of RMB 92,376,232.10[15] - The company reported a significant increase in investment income, totaling CNY 68,014,964.14 for the first nine months, compared to CNY 114,605,031.08 in the previous year[30] Other Financial Metrics - Cash and cash equivalents increased by 122.76% compared to the end of the previous year, primarily due to the proceeds from the issuance of stocks[14] - Short-term borrowings increased by 103.70% compared to the end of the previous year, primarily to supplement working capital[15] - Deferred income tax liabilities increased by 1783.73% compared to the end of the previous year, primarily due to the recognition of deferred income tax liabilities from relocation compensation income[15] - The company incurred financial expenses of CNY 11,479,620.11 in Q3 2015, a significant increase from CNY 1,326,278.15 in Q3 2014[30]
雪峰科技(603227) - 2015 Q2 - 季度财报
2015-08-25 16:00
Financial Performance - The company's operating revenue for the first half of 2015 was ¥374,605,188.06, a decrease of 3.31% compared to ¥387,431,375.78 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2015 was ¥70,357,286.58, representing a significant increase of 179.23% from ¥25,197,177.14 in the previous year[19]. - The total profit reached CNY 103.13 million, an increase of 101.82% year-on-year[24]. - The net profit for the first half of 2015 was CNY 78.57 million, compared to CNY 39.87 million in the same period last year, indicating a growth of about 96.9%[82]. - The profit attributable to the parent company's shareholders was CNY 70.36 million, up from CNY 25.20 million, reflecting an increase of approximately 178.5%[82]. - The company reported a significant increase in non-operating income, totaling CNY 82.18 million, compared to CNY 2.07 million in the previous year[81]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 45.32% to ¥9,311,307.54 from ¥17,028,189.47 in the same period last year[19]. - Cash flow from operating activities generated a net inflow of CNY 9.31 million, down from CNY 17.03 million in the same period last year, indicating a decrease of approximately 45.5%[87]. - The company's cash and cash equivalents stood at CNY 737,346,927.60 at the end of the reporting period, compared to CNY 186,624,207.93 at the beginning, marking a growth of 295%[71]. - The total cash inflow from financing activities reached 791,901,887.81 RMB, up from 229,862,717.00 RMB in the prior period, indicating strong financing support[88]. - The net increase in cash and cash equivalents was 552,283,759.43 RMB, a recovery from a decrease of 44,013,047.75 RMB in the prior period[88]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,496,071,733.83, an increase of 44.29% compared to ¥1,729,858,398.60 at the end of the previous year[19]. - The total liabilities rose to CNY 1,037,230,839.00, up from CNY 676,441,132.26, reflecting an increase of about 53.4%[78]. - The company's current assets amounted to CNY 1,394,249,096.91, up from CNY 565,182,741.50 at the start of the year, indicating strong liquidity growth[72]. - Short-term borrowings increased to CNY 610,000,000.00 from CNY 270,000,000.00, showing a rise of 126% in short-term debt[72]. - The total amount of related party transactions reached RMB 36,066,600.68, with significant sales to related parties accounting for 11.91% of the total transaction amount[49]. Shareholder Equity and Capital - The net assets attributable to shareholders increased by 45.63% to ¥1,192,005,574.66 from ¥818,544,280.66 at the end of the previous year[19]. - The company successfully raised CNY 410.10 million through a public offering of 82.35 million shares, enhancing its net assets[29]. - The total equity attributable to the parent company at the end of the previous period was CNY 994,065,780.16[94]. - The total owner's equity at the end of the current period reached CNY 951,819,144.99[97]. - The company reported a decrease in profit distribution amounting to CNY 94,270,035.36[95]. Research and Development - Research and development expenses increased by 12.77% to CNY 11.50 million, indicating ongoing investment in innovation[27]. Corporate Governance and Compliance - The company has maintained compliance with corporate governance standards as per the Company Law and relevant regulations, enhancing internal control and information disclosure[57]. - The company has not faced any penalties or corrective actions during the reporting period[57]. - The company has not made any changes to its external equity investments during the reporting period[37]. Accounting Policies and Financial Reporting - The financial statements are prepared based on the assumption of going concern and in accordance with the relevant accounting standards[105]. - The company uses the accrual basis of accounting for its financial reporting[107]. - The company recognizes cash and cash equivalents as cash on hand and deposits that are readily available for payment[119]. - The company assesses impairment of assets and recognizes impairment losses as per relevant regulations[112]. Related Party Transactions - The company engaged in normal purchase and sale transactions with related parties, which did not affect its independence[50]. - The company has no significant reliance on related parties, ensuring operational independence[50]. - The company purchased equipment from Xinjiang Jinfengyuan Technology Co., Ltd. for RMB 3,740,191.25, representing 2.37% of the total related party transaction amount[49]. Taxation - The company has a corporate income tax rate of 15% for several subsidiaries, while other subsidiaries are subject to a 25% rate[181]. - The company has tax incentives under the "Encouraged Industries Directory" for the western region, allowing a 15% corporate income tax rate for qualifying subsidiaries[182].