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京蓝科技(000711) - 2017 Q3 - 季度财报
2017-10-24 16:00
Financial Performance - Total assets increased by 93.07% to CNY 7,887,944,906.77 compared to the end of the previous year[8] - Net assets attributable to shareholders increased by 37.96% to CNY 4,097,374,535.25 compared to the end of the previous year[8] - Operating revenue reached CNY 436,274,654.22, a significant increase of 122,241.68% year-on-year[8] - Net profit attributable to shareholders was CNY 42,939,793.61, up 353.38% compared to the same period last year[8] - Basic earnings per share rose by 154.55% to CNY 0.06[8] - The weighted average return on net assets was 1.26%, an increase of 7.60% compared to the previous year[8] Cash Flow and Investments - The net cash flow from operating activities was negative at CNY -741,175,938.17, a decrease of 442.41% year-on-year[8] - Cash flow from financing activities increased by 2108.47% to ¥1,475,806,586.19, primarily due to increased borrowings[18] - The company reported a net cash outflow from operating activities of ¥741,175,938.17, a 442.41% increase, due to upfront procurement payments[18] - Long-term equity investments rose by 11615.00% to ¥548,761,908.66 due to increased external investments[17] Shareholder Information - The company reported a total of 15,817 shareholders at the end of the reporting period[12] - The largest shareholder, Beijing Yangshu Lantian Investment Center, holds 21.85% of the shares[12] - The company did not engage in any repurchase transactions during the reporting period[14] Business Operations - Accounts receivable increased by 119.60% to ¥802,727,730.61 due to the growth in landscaping business[17] - Prepayments rose by 342.27% to ¥470,518,913.07 as a result of increased business volume[17] - Inventory increased by 158.02% to ¥2,682,551,584.84, attributed to the expansion of landscaping business[17] - Operating revenue surged by 2976.00% to ¥913,895,625.04, driven by successful business operations and new subsidiaries[18] - Operating costs increased by 2755.44% to ¥616,155,427.05, reflecting the same factors as revenue growth[18] - The company completed the acquisition of 90.11% of Northern Landscaping for ¥720.88 million, enhancing its market position[19] - Goodwill increased by 17.31% to ¥1,248,396,201.33 as a result of the acquisition of Northern Landscaping[17] Commitments and Compliance - The company is currently fulfilling commitments related to independence, avoiding competition, and reducing related transactions as per agreements made in August 2015 and December 2015[22] - The commitments regarding the provision of accurate and complete information during major asset restructuring have been completed as of February 2016[24] - The company has ongoing commitments to maintain independence and avoid competition, which are effective long-term since February 2016[24] - The commitment to reduce and standardize related transactions is also long-term effective since February 2016[24] - The company has a 12-month lock-up commitment for shares, effective from November 2016[24] - The company is actively fulfilling commitments to avoid capital occupation and related guarantees since February 2016[24] - The company has made commitments to ensure the legality of transaction assets, effective since February 2016[24] - The company is committed to providing accurate, complete, and truthful information as part of its major asset restructuring commitments[24] - The company has a commitment to avoid competition with its subsidiaries, effective since February 2016[24] - The company is engaged in ongoing commitments to ensure the independence of the listed company, effective since February 2016[24] - The company is currently fulfilling long-term commitments regarding major asset restructuring, including compliance with regulations and avoiding insider trading[25] - The company has made commitments to ensure the independence of its operations and to avoid competition with related parties, which are also long-term and currently being fulfilled[27] - The company has committed to providing accurate and complete information regarding its financial status and operations, with these commitments being long-term and actively maintained[26] - The company is addressing potential dilution of immediate returns from major asset restructuring through specific measures, which are also under long-term commitments[27] - The company has ongoing commitments to avoid related party transactions and ensure the legality of funding sources, which are being actively fulfilled[25] - The company is focused on maintaining its independence and avoiding conflicts of interest in its operations, with these commitments being long-term[27] - The company has made commitments regarding the non-violation of regulations and the absence of penalties, which are currently being fulfilled[26] - The company is actively managing its asset restructuring process to ensure compliance with all relevant regulations and commitments[27] - The company has established commitments to avoid financial guarantees and related party fund usage, which are being actively maintained[27] Other Information - No securities investment was reported during the reporting period[30] - The company has not engaged in derivative investments during the reporting period[31] - There were no violations regarding external guarantees during the reporting period[33] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[34] - The company has not initiated any targeted poverty alleviation work in the third quarter and has no subsequent plans[35] - The company conducted an on-site investigation of a high-standard farmland PPP project in Inner Mongolia on August 25, 2017[32] - The company is currently fulfilling its commitment to increase shareholding, with a total not exceeding 2% of the company's total share capital[29]
京蓝科技(000711) - 2017 Q2 - 季度财报
2017-07-28 16:00
Financial Performance - The company's operating revenue for the first half of 2017 was CNY 477,620,970.82, representing a 1,527.11% increase compared to CNY 29,353,898.61 in the same period last year[18]. - The net profit attributable to shareholders of the listed company reached CNY 100,617,432.89, a significant turnaround from a loss of CNY 14,935,458.01 in the previous year, marking a 773.68% increase[18]. - The net profit after deducting non-recurring gains and losses was CNY 99,332,115.40, compared to a loss of CNY 18,139,065.38 last year, reflecting a 647.61% improvement[18]. - The basic earnings per share increased to CNY 0.15 from a loss of CNY 0.09, representing a 266.67% increase[18]. - The company reported an operating profit of CNY 82,221,089.90, which is a 744.62% increase compared to the same period last year[34]. - The company reported a net profit margin of 12% for the first half of 2017, an increase from 10% in the same period last year[70]. - The expected cumulative net profit for the year is projected between CNY 80 million and CNY 120 million, indicating a growth of 602.74% to 854.11% compared to the previous year[60]. Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 5,060,490,082.85, up 23.86% from CNY 4,085,528,467.88 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company increased to CNY 3,038,103,842.90, a 2.29% rise from CNY 2,970,044,318.77 at the end of the previous year[18]. - The company's total liabilities reached CNY 1,991,470,677.39, up from CNY 1,092,009,620.68, indicating a rise of around 82.5%[124]. - Owner's equity totaled CNY 3,069,019,405.46, compared to CNY 2,993,518,847.20, showing an increase of about 2.5%[125]. - Short-term borrowings rose to ¥991,650,000.00, making up 19.60% of total liabilities, driven by rapid business growth[42]. Cash Flow - The net cash flow from operating activities was negative at CNY -490,239,640.98, worsening from CNY -54,398,922.50 in the same period last year, indicating an 801.19% decline[18]. - The company’s cash flow from investing activities also turned negative at CNY -596,901,496.38, a decrease of 407.42% due to increased external investments[37]. - The financing activities generated a net cash flow of CNY 817,990,799.36, a significant increase of 9,406.82% due to increased borrowings[37]. - The company reported a significant increase in cash outflow for operating activities, totaling 874,208,301.09 CNY compared to 67,959,289.92 CNY in the previous period[140]. Investments and Acquisitions - The company plans to expand into the landscaping and ecological restoration industry through the acquisition of 北方园林, which has been approved by the China Securities Regulatory Commission[33]. - Major equity investments included ¥100,000,000.00 in Zhejiang Jinglan Investment Management Co., acquiring a 100% stake[46]. - The company plans to invest CNY 100 million to establish Zhejiang Jinglan Detao Investment Co., focusing on investment management and consulting[56]. - The company intends to acquire 90.11% of Northern Garden's equity for a total transaction price of RMB 720.8785 million, with a fundraising plan of up to RMB 509.5 million[85]. Market Strategy and Outlook - The company is focused on integrating ecological environment and internet technologies to enhance its business model and market competitiveness[25]. - The company aims to become a leading provider of green smart solutions in the ecological environment sector in China[27]. - The company is actively pursuing market expansion, targeting a 10% increase in market share in the next fiscal year through strategic partnerships[70]. - The company has provided a positive outlook for the second half of 2017, projecting a revenue growth of 25% based on new product launches and market expansion strategies[71]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[5]. - The actual controller and major shareholders are fulfilling their commitments regarding independence and avoiding competition, with commitments made in August 2015 and December 2015 being actively performed[66]. - The company held three temporary shareholder meetings and one annual shareholder meeting during the reporting period, with participation rates of 65.26%, 74.02%, and 66.26% respectively[64]. - The company has not issued any new shares or capital increases during the reporting period[65]. Compliance and Regulatory - The company is focusing on compliance and governance, ensuring all major asset transactions are transparent and legitimate[71]. - The company has ongoing commitments to maintain its independence and avoid competition, with long-term commitments established in February 2016[68]. - There were no significant legal disputes or regulatory penalties reported during the first half of 2017, indicating a stable operational environment[79]. Research and Development - The company has established a new R&D center, with an investment of 100 million RMB, aimed at accelerating innovation in smart technology[69]. - New product development includes the launch of an innovative smart vehicle technology, expected to contribute an additional 300 million RMB in revenue by the end of 2017[69]. Financial Reporting - The company’s financial statements are prepared based on the going concern assumption, reflecting its ability to continue operations for at least 12 months from the reporting date[167]. - The company’s financial reports comply with the relevant accounting standards and provide a true and complete reflection of its financial status as of June 30, 2017[170].
京蓝科技(000711) - 2017 Q1 - 季度财报
2017-04-21 16:00
Financial Performance - The company's operating revenue for the first quarter was ¥11,710,226.83, a decrease of 55.81% compared to the same period last year, which was ¥26,502,040.81[6] - The net profit attributable to shareholders was -¥31,274,356.71, representing a decline of 427.97% year-on-year from -¥5,923,526.47[6] - The expected cumulative net profit for the period from January to June 2017 is projected to be between ¥80 million and ¥120 million, a significant turnaround from the previous year's cumulative net profit of -¥12.98 million, indicating a year-on-year growth of 716.33% to 1,024.50%[3] - Basic earnings per share are expected to be between ¥0.12 and ¥0.18, compared to -¥0.09 in the same period last year, reflecting a year-on-year increase of 233.33% to 300.00%[3] - The net cash flow from operating activities was -¥76,407,581.74, a decline of 139.32% from -¥31,927,251.12 in the previous year[6] - Total assets at the end of the reporting period were ¥3,837,149,673.81, down 6.08% from ¥4,085,528,467.88 at the end of the previous year[6] - The net assets attributable to shareholders were ¥2,938,769,962.06, a decrease of 1.05% from ¥2,970,044,318.77 at the end of the previous year[6] - The weighted average return on net assets was -1.06%, an improvement of 1.00% from -2.06% in the previous year[6] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,570[9] - The top ten shareholders include Beijing Yangshu Lantian Investment Center (20.83% holding) and Beijing Yangshu Jiaye Investment Center (12.07% holding), both of which are private entities[9] Operational Changes - Operating revenue fell by 55.81% to ¥11.71 million compared to the same period last year, primarily due to the strategic shift away from electronic product sales[14] - Operating costs decreased by 41.59% to ¥10.96 million, reflecting the absence of costs associated with discontinued electronic product sales[14] - The company reported a significant increase in sales expenses by 516.85% to ¥8.83 million, attributed to the expansion of business activities[16] - Management expenses rose by 158.07% to ¥22.99 million due to an increase in the number of management and R&D personnel[16] Asset Restructuring - The company is undergoing a major asset restructuring, with the board approving a plan for issuing shares and cash to purchase assets[17] - The company received a notice from the China Securities Regulatory Commission acknowledging the acceptance of its application for asset purchase approval[18] - The company is undergoing significant asset restructuring, with multiple announcements made from November 2016 to March 2017 regarding the progress of this restructuring[20] Compliance and Commitments - The company has committed to maintaining independence and avoiding competition with its controlling shareholders, with these commitments being effective since August 2015 and currently in progress[22] - The company has made promises related to the accuracy and completeness of information provided during the asset restructuring process, with commitments made in February 2016 and currently being fulfilled[23] - The company is in the process of completing compensation related to profit guarantees as part of its asset restructuring commitments, with promises made in March 2016 and currently in progress[23] - The company has received a notice from the China Securities Regulatory Commission regarding its administrative license application on March 28, 2017[21] - The company is committed to maintaining the independence of listed companies, with long-term effectiveness of the commitment[24] - The company has ongoing commitments regarding the legality of fund sources, ensuring compliance with regulations[25] - The company is focused on reducing and regulating related party transactions, with a long-term commitment to transparency[25] - The company has made commitments to avoid competition among subsidiaries, ensuring a clear operational structure[25] - The company is actively engaged in major asset restructuring, with ongoing commitments to uphold the integrity of transactions[25] - The company is committed to providing accurate and complete information regarding transaction materials, ensuring transparency[25] - The company has established commitments to avoid insider trading practices, reinforcing ethical standards[25] - The company is focused on maintaining the legality of asset transactions, with long-term commitments to compliance[25] - The company is engaged in ongoing commitments to ensure the legitimacy of related party transactions[25] - The company is committed to avoiding capital occupation and related guarantees, ensuring financial integrity[25] Future Projections - The estimated cumulative net profit for the first half of 2017 is projected to be between 8,000 and 12,000 thousand yuan, indicating a significant increase of 1,298 thousand yuan or 716.33% compared to the same period last year[31] - The basic earnings per share are expected to be 0.12 yuan, reflecting a growth of 0.09 yuan or 233.33% year-on-year[31] - The company successfully completed the acquisition of Jinglan Muhe Water-saving Equipment Co., which has become a wholly-owned subsidiary and is a key part of the smart ecological sector[31] - The clean energy sector has secured multiple project intentions, collaborations, or orders, with expected economic benefits to be realized by June 30, 2017[31] - The company has undergone strategic adjustments and business focus shifts, expanding its scope to include smart ecological, clean energy, smart cloud technology, incubator, and industrial investment sectors[31] - The company is actively implementing previously unfinished projects and new projects in the ecological water-saving irrigation business, with revenue recognition expected by June 30, 2017[31] Regulatory Compliance - There are no reported violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[35][36] - The company has not engaged in any securities or derivative investments during the reporting period[32][33] - The company has maintained effective communication with stakeholders regarding the progress of major asset restructuring and operational status[34]
京蓝科技(000711) - 2016 Q4 - 年度财报
2017-03-15 16:00
Financial Performance - The company's operating revenue for 2016 was ¥460,813,601.86, representing a 539.23% increase compared to ¥72,088,308.76 in 2015[18]. - The net profit attributable to shareholders decreased by 68.14% to ¥11,988,930.50 from ¥37,626,057.58 in 2015[18]. - The net cash flow from operating activities was negative at ¥257,493,507.60, a decline of 416.93% from -¥49,812,364.78 in 2015[19]. - The company reported a basic earnings per share of ¥0.06, down 73.91% from ¥0.23 in 2015[19]. - The weighted average return on net assets was 1.44%, a decrease of 12.36% from 13.80% in 2015[19]. - The company achieved a total revenue of 460.81 million yuan in 2016, representing a year-on-year increase of 539.23%[69]. - Net profit for the year was 18.96 million yuan, an increase of 289.53% compared to the previous year[69]. - The total profit for the year reached ¥29,499,266.54, marking a significant growth of 604.17% year-on-year[36]. Shareholder Information - The company reported a profit distribution plan of 1.00 CNY cash dividend per 10 shares (including tax) and a capital reserve increase of 10 shares for every 10 shares held[4]. - The major shareholder, Yang Shulan Tian, holds 64,639,720 shares, accounting for 19.85% of the total share capital[16]. - The company’s net profit attributable to ordinary shareholders for 2016 was RMB 11,988,930.50, resulting in a cash dividend payout ratio of 271.58%[107]. - The total distributable profit for the year was RMB 95,618,149.37, with cash dividends accounting for 100% of the profit distribution[109]. - The company plans to increase its total share capital to 651,189,032 shares by issuing 10 additional shares for every 10 shares held, based on the same total share capital[109]. Business Strategy and Operations - The company's main business was adjusted in 2016 to include ecological and environmental protection services, focusing on smart ecological operation services and clean energy services[16]. - The company aims to become a leading provider of integrated green smart solutions in the ecological environment sector in China[31]. - The company has diversified its business strategy into five areas, including smart ecological operation services and clean energy comprehensive services[27]. - The company is focusing on developing an "industrial big data platform" to optimize energy management and improve production efficiency[42]. - The company plans to expand its smart agriculture cloud service platform, enhancing its capabilities in smart irrigation and agricultural traceability[41]. Asset Management and Acquisitions - The company completed a major asset restructuring, acquiring 京蓝沐禾 and increasing its total share capital from ¥160,898,400 to ¥325,594,516[27]. - The company initiated a major asset restructuring project to acquire 90.11% of 北方园林 for a total consideration of ¥72,087.85 million[38]. - The company completed the acquisition of Jinglan Muhe Water-saving Equipment Co., Ltd., which became a wholly-owned subsidiary, impacting the consolidated financial statements[70]. - The company acquired 100% of the equity of Jinglan Muhe Water Saving Equipment Co., Ltd. for a total consideration of CNY 1.588 billion on September 29, 2016[118]. - The goodwill from the acquisition of Jinglan Muhe Water Saving Equipment Co., Ltd. amounts to CNY 1.064 billion, calculated as the difference between the acquisition cost and the fair value of identifiable net assets[118]. Cash Flow and Financing - The net cash flow from operating activities was -257.49 million yuan, a decline of 416.93% year-on-year[69]. - The company’s financing activities generated a net cash inflow of 1.57 billion yuan, a significant increase of 2,601.93% compared to the previous year[69]. - The total amount of funds raised by the company was approximately RMB 1,570 million, with a net amount of RMB 1,565 million after deducting issuance costs[84]. - The company utilized RMB 663 million of the raised funds, accounting for 42.27% of the total amount raised[84]. - The company engaged in entrusted financial management with a total of 1,500 million RMB and 1,000 million RMB in floating principal protection products[143]. Management and Governance - The company appointed Yang Rengui as the new chairman on November 18, 2016, following a series of executive changes throughout the year[179]. - The company experienced significant leadership turnover, with multiple key executives, including the president and financial officer, leaving for personal reasons[179]. - The board of directors includes members with diverse backgrounds, including finance, management, and law, enhancing the company's governance structure[180][182]. - The company is committed to maintaining a strong governance framework to support its long-term objectives[182]. - The leadership changes are part of a broader strategy to enhance the company's competitive position in the market[179]. Employee and Training - The company employed a total of 815 staff, with 70 in the parent company and 745 in major subsidiaries[189]. - The professional composition of employees includes 303 production personnel, 169 sales personnel, and 70 technical personnel[190]. - The company conducted 15 new employee training sessions with a 100% coverage rate and 36 professional training sessions throughout the year[192]. - The average annual training time per employee was 48 hours, aimed at enhancing skills and professional quality[192]. - The total remuneration for directors, supervisors, and senior management in 2016 amounted to CNY 561.89 million[187]. Market Position and Future Outlook - The company aims to enhance its core competitiveness in three major business segments: Smart Ecology Operation Services, Clean Energy Comprehensive Services, and Ecological Cloud Services[98]. - The company plans to implement a five-in-one strategic development layout focusing on "Smart Ecology + Internet" in 2017[97]. - The company anticipates increased competition in the "Ecological Environment + Internet" sector, prompting a focus on resource integration and comprehensive solutions[101]. - The company is focusing on ecological and environmental protection, aligning with national strategies for sustainable development[95]. - The company has a strong market presence in the Northeast region of China, particularly in the agricultural drone sector, indicating robust market expansion capabilities[93].
京蓝科技(000711) - 2016 Q3 - 季度财报(更新)
2017-02-26 16:00
Financial Performance - Operating revenue for the period was CNY 356,603.46, a decrease of 97.84% compared to the same period last year[6] - Net profit attributable to shareholders was a loss of CNY 16,946,986.19, representing a 6.96% improvement year-on-year[6] - The company reported a total revenue of CNY 356,603.46 for the current period, a significant decrease from CNY 16,482,248.95 in the previous period[40] - The net profit for the third quarter was a loss of CNY 18,178,277.41, compared to a loss of CNY 16,898,369.28 in the same period last year[42] - The total comprehensive loss for the period was CNY 18,178,277.41, compared to a loss of CNY 16,898,369.28 in the prior year[42] - The net profit for the period was -26,440,080.61 yuan, an improvement from -580,183,872.71 yuan in the same period last year[53] Assets and Liabilities - Total assets reached CNY 2,880,122,600.95, an increase of 867.71% compared to the previous year[6] - Total liabilities reached CNY 1,504,726,387.64, up from CNY 8,391,341.48, indicating a rise in financial obligations[34] - Current assets rose to CNY 1,457,837,967.40 from CNY 293,867,516.92, reflecting a substantial increase in liquidity[32] - The company’s total assets increased significantly due to the merger, with goodwill reaching CNY 1,064,184,525.73[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,995[10] - The largest shareholder, Jinglan Holdings Co., Ltd., held 18.65% of the shares, totaling 30,000,000 shares[11] - No significant changes in shareholder agreements or repurchase transactions were reported during the period[13] Cash Flow - The net cash flow from operating activities was a negative CNY 136,643,731.08, a decline of 4,512.30% compared to the previous year[6] - The company reported a total cash inflow from operating activities of 115,395,510.24 CNY, compared to 95,004,594.62 CNY in the previous year[60] - The total cash outflow from operating activities was 176,692,330.37 CNY, significantly higher than 17,531,195.06 CNY in the same period last year[60] - Cash and cash equivalents increased by 99.24% to CNY 191,116,117.65 due to timely receipt of asset restructuring receivables from 2015[16] Operational Changes - Revenue decreased by 48.76% to CNY 29,710,502.07, attributed to the company's business transformation and new projects not yet fully integrated[16] - The company completed the acquisition of 100% equity in Inner Mongolia Muhe Jin Land Water-saving Engineering Equipment Co., Ltd. on September 30, 2016[18] - The company has not reported any significant changes in user data or market expansion strategies in the current reporting period[30] Financial Management - Basic and diluted earnings per share were both CNY -0.11, showing a 10.00% improvement from the previous year[6] - The weighted average return on equity was -6.34%, a significant decrease of 2,866.03% year-on-year[6] - The company incurred management expenses of 29,651,290.47 yuan, an increase from 19,271,987.76 yuan in the previous period, reflecting higher operational costs[51] - The financial expenses showed a notable decrease, with a net income of CNY -257,160.62 compared to CNY 11,666,888.92 in the previous period[42] Commitments and Compliance - The company is currently fulfilling commitments related to independence and avoiding competition from its controlling shareholder, Jinglan Holdings, established in August 2015, which are long-term commitments[20] - There are no violations related to external guarantees or non-operating fund occupation by controlling shareholders during the reporting period, ensuring compliance with regulations[27][28] - The company has ongoing commitments to standardize and reduce related party transactions, with commitments made by various action parties in December 2015, which are also long-term[21] Investment Activities - The company raised 162,045,000.00 yuan through borrowings, a decrease from 270,000,000.00 yuan in the previous period, indicating a reduction in financing activities[57] - The company made investments totaling 140,745,000.00 CNY, a substantial increase from 6,000,000.00 CNY in the previous year[60] - The cash inflow from investment activities was 205,482,550.03 yuan, while cash outflow was 142,330,308.57 yuan, resulting in a net cash flow from investment activities of 63,152,241.46 yuan[57]
京蓝科技(000711) - 2016 Q3 - 季度财报
2016-10-26 16:00
Financial Performance - Operating revenue for the reporting period was ¥356,603.46, a decrease of 97.84% year-on-year, while revenue from the beginning of the year to the reporting period was ¥29,710,502.07, down 48.76%[7] - Net profit attributable to shareholders was -¥15,912,855.03 for the reporting period, a decrease of 0.43% year-on-year, and -¥30,848,313.04 from the beginning of the year to the reporting period, an increase of 94.35%[7] - The total revenue for the current period was CNY 356,603.46, compared to CNY 16,482,248.95 in the previous period[37] - The total operating revenue for the current period is CNY 29,710,502.07, a decrease from CNY 57,979,784.04 in the previous period, representing a decline of approximately 48.7%[45] - The net profit for the current period is CNY -30,848,313.04, compared to CNY -592,248,566.78 in the previous period, showing an improvement in losses[46] - The total comprehensive income for the current period is CNY -11,345,669.18, compared to CNY -12,315,737.07 in the previous period, showing a slight improvement[43] - The total comprehensive income attributable to the parent company was -30,848,313.04 CNY, compared to -546,010,448.57 CNY in the previous period[47] - The net profit for the period was -25,279,162.69 CNY, a significant improvement from -580,183,872.71 CNY in the same period last year[50] Cash Flow - The net cash flow from operating activities was -¥146,517,928.57, reflecting a significant decline of 4,845.60% compared to the previous year[7] - The net cash flow from operating activities was -69,717,025.13 CNY, a decrease compared to 77,473,399.56 CNY in the previous year[57] - The company reported a total cash outflow from operating activities of 185,318,541.92 CNY, significantly higher than 17,531,195.06 CNY in the same period last year[57] - Cash flow from investing activities generated a net inflow of 57,766,448.46 CNY, compared to a net outflow of -40,836,316.95 CNY in the previous period[54] - Cash flow from financing activities resulted in a net inflow of 131,964,071.96 CNY, compared to 10,292,873.31 CNY in the previous period[54] - The total cash and cash equivalents at the end of the period were 133,492,262.85 CNY, up from 1,977,273.68 CNY at the end of the previous year[58] - The ending cash and cash equivalents balance was 139,133,379.73 CNY, up from 8,865,712.74 CNY in the previous period[54] Assets and Liabilities - Total assets at the end of the reporting period reached ¥425,747,392.34, an increase of 43.05% compared to the previous year[6] - Current assets rose from CNY 293,867,516.92 to CNY 399,124,208.40, an increase of about 36%[30] - Total liabilities increased from CNY 8,391,341.48 to CNY 167,364,444.85, a rise of about 1985%[31] - The company's equity attributable to shareholders decreased from CNY 290,836,164.31 to CNY 258,382,947.49, a decline of approximately 11%[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,995[10] - The largest shareholder, Jinglan Holdings Co., Ltd., held 18.65% of the shares, totaling 30,000,000 shares[11] Operational Changes - The company reported a 48.76% decline in operating revenue to ¥29,710,502.07 due to business transformation and gradual development of new projects[16] - Sales expenses increased by 323.42% to ¥8,293,853.51 as a result of market expansion and establishing a sales team[16] - The company completed the acquisition of 100% equity in Inner Mongolia Muhejin Land Water-saving Engineering Equipment Co., Ltd. on September 30, 2016[17] - The company received approval from the China Securities Regulatory Commission for its asset purchase and fundraising plan on September 28, 2016[17] Financial Strategy and Compliance - The company has not engaged in any securities or derivative investments during the reporting period, reflecting a conservative investment strategy[23] - The company is actively involved in a major asset restructuring, which includes issuing shares and cash payments, with commitments made to ensure the authenticity and completeness of the information provided[20] - The company is currently fulfilling commitments related to independence and avoiding competition from major shareholders, with commitments made in August 2015 and December 2015, all marked as ongoing[19] - There are no instances of non-compliance with external guarantees during the reporting period, showcasing financial prudence[25] - The company has not reported any non-operating fund occupation by major shareholders or related parties, indicating a clean financial relationship[26] - The company has made commitments to provide accurate and complete information regarding asset purchases and related transactions, ensuring transparency[20]
京蓝科技(000711) - 2016 Q2 - 季度财报
2016-08-29 16:00
Financial Performance - The company's operating revenue for the first half of 2016 was ¥29,353,898.61, a decrease of 33.65% compared to ¥44,238,631.63 in the same period last year[19]. - The net profit attributable to shareholders was -¥14,935,458.01, showing a significant improvement of 97.18% from -¥530,389,684.92 year-on-year[19]. - The net cash flow from operating activities was -¥54,398,922.50, which represents a decline of 298.00% compared to -¥13,668,139.87 in the previous year[19]. - The basic and diluted earnings per share improved to -¥0.09 from -¥3.30, reflecting a 97.27% increase[19]. - The company’s operating costs were ¥21,533,996.30, showing a slight increase of 0.14% year-on-year[31]. - The company’s sales expenses increased by 113.16% to ¥3,878,471.54 due to business transformation and market expansion efforts[31]. - The company reported a significant decrease in investment amounting to ¥160,009,720, a decline of 86.42% compared to the previous year's investment of ¥1,178,002,500[41]. - The total comprehensive income for the current period was CNY -12,979,995.05, compared to CNY -575,573,487.37 in the previous period, showing a significant reduction in losses[119]. - The company reported a financial expense of CNY -3,715,913.04, a significant decrease from CNY 24,715,748.69 in the previous period[117]. Assets and Liabilities - Total assets increased by 23.73% to ¥368,262,632.02 from ¥297,622,602.01 at the end of the previous year[19]. - The total liabilities of the company were CNY 92,011,366.54, compared to CNY 8,391,341.48 at the beginning of the period, showing a substantial increase[111]. - The equity attributable to the owners of the parent company decreased to CNY 275,900,706.30 from CNY 290,836,164.31, a decline of approximately 5.1%[111]. - The company’s total equity decreased to CNY 284,794,151.74 from CNY 298,727,645.25 in the previous period[116]. - The total cash and cash equivalents at the end of the period reached 211,184,466.46 yuan, up from 2,328,643.56 yuan at the beginning of the period, showing significant liquidity improvement[130]. Strategic Initiatives - The company signed a strategic cooperation framework agreement with the People's Government of Hulunbuir City for smart ecological projects[29]. - The company plans to leverage the acquisition of Muhe Water Saving to enhance its technological value in the ecological environment industry[28]. - The company aims to become a leading provider of green smart city solutions in the ecological environment sector, leveraging internet and information technology[38]. - The company has established strategic partnerships with several high-quality firms in the ecological and information sectors to expand its market presence[39]. - The company initiated a major asset restructuring that has been approved by the regulatory authority, aiming to create a new business structure and accelerate business transformation[38]. Governance and Compliance - The company has maintained a transparent governance structure and has not faced any penalties related to information disclosure during the reporting period[57]. - The company has a complete and sound internal governance structure that complies with the Company Law and relevant regulations, with no discrepancies noted during the reporting period[58]. - There were no significant litigation or arbitration matters during the reporting period, indicating a stable legal environment for the company[59]. - The company did not undergo any bankruptcy reorganization during the reporting period, reflecting financial stability[60]. - The company has no penalties or rectification situations during the reporting period[86]. Cash Flow and Financing - The company’s cash and cash equivalents increased by ¥130,976,126.60, a rise of 549.52% due to combined cash flow impacts from operating, investing, and financing activities[32]. - The cash inflow from investment activities totaled 195,111,248.00 yuan, primarily driven by the disposal of subsidiaries, which generated 191,860,000.00 yuan[130]. - The net cash flow from financing activities was -8,789,150.00 yuan, a decrease from 8,065,646.70 yuan in the previous period, reflecting increased cash outflows for financing[130]. - The total cash inflow from financing activities was 85,665,000.00 yuan, slightly lower than 60,001,668.92 yuan in the previous period, reflecting stable financing conditions[130]. Subsidiaries and Investments - The company established three wholly-owned subsidiaries to further enhance its strategic layout during the reporting period[33]. - The subsidiary 京蓝能科技 reported a revenue of ¥19,356,750, primarily from projects in Tianjin and Henan, contributing to its overall business growth[50]. - The company invested 70 million RMB to establish a wholly-owned subsidiary, Jinglan Times Technology Co., Ltd., focusing on technology services[89]. - The company also invested 50 million RMB to set up Gu'an Jinglan Cloud Technology Co., Ltd., which will operate in computer technology services and data processing[89]. - The company has included 7 subsidiaries in its consolidated financial statements for the first half of 2016, an increase of 4 compared to the previous year[156]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,051[95]. - The largest shareholder, Jinglan Holdings Co., Ltd., holds 18.65% of the shares, amounting to 30,000,000 shares, which are pledged[95]. - Tianlun Holdings Co., Ltd. holds 7.99% of the shares, totaling 12,855,000 shares, which are also pledged[95]. - The total number of shares before and after the change remained at 160,898,400, with no new shares issued[93]. - There were no changes in the controlling shareholder or actual controller during the reporting period[98]. Audit and Financial Reporting - The company reported a standard unqualified audit opinion for the half-year report, indicating compliance with financial reporting standards[107]. - The financial report for the first half of 2016 was approved by the board of directors on August 29, 2016[154]. - The company operates under the assumption of continuous operation and has no significant issues affecting its ability to continue operations for at least 12 months[158]. - The company adheres to the accounting standards set by the Ministry of Finance and ensures that its financial statements reflect a true and complete picture of its financial status as of June 30, 2016[160].
京蓝科技(000711) - 2015 Q4 - 年度财报(更新)
2016-06-02 16:00
Financial Performance - The audited net profit for 2015 was -10,005,884.89 CNY, while the net profit attributable to shareholders was 37,626,057.58 CNY, representing a 152.24% increase compared to the previous year[5]. - The company's operating revenue for 2015 was 72,088,308.76 CNY, reflecting a 4.86% increase from 68,749,309.27 CNY in 2014[19]. - The company has experienced a significant turnaround in net profit, improving from -72,031,131.19 CNY in 2014 to a positive figure in 2015[19]. - In 2015, the company reported a net profit of -49,812,364.78 CNY, a significant decline of 419.12% compared to the previous year[20]. - The basic and diluted earnings per share improved to 0.23 CNY, a 151.11% increase from -0.45 CNY in 2014[20]. - The company's total assets decreased by 75.80% to 297,622,602.01 CNY at the end of 2015, down from 1,193,776,072.39 CNY in 2014[20]. - The net assets attributable to shareholders increased by 14.56% to 290,836,164.31 CNY compared to 253,876,689.44 CNY in 2014[20]. - Non-recurring gains amounted to 624,137,523.05 CNY in 2015, a significant increase from -127,480.99 CNY in 2014[25]. - The company reported a financial expense of CNY 48,282,657.63, showing a slight decrease of 0.74% compared to the previous year[57]. - The company reported a net loss of approximately ¥5.29 million for the period, indicating a challenging financial performance[74]. Business Strategy and Restructuring - The company plans not to distribute cash dividends, issue bonus shares, or increase capital from reserves[7]. - The company has undergone several changes in its main business focus over the years, with the latest adjustment in 2014 towards information system integration services and technology consulting[17]. - The company completed a major asset restructuring on December 28, 2015, transferring all assets and liabilities of its commercial real estate and coal/mining sectors[28]. - The company has restructured its business strategy to focus on ecological environment industries and internet integration, aiming to become a leading provider of green smart city solutions in China[31]. - The company is currently undergoing significant asset restructuring and is in a critical business transformation phase, requiring substantial funding support for new business development[88]. - The company plans to invest in a "R&D and operation base" in Hebei, aiming to enhance its capabilities in the ecological and internet sectors[33]. - The company is in the process of acquiring Muhe Jinland, which will expand its business coverage to Northeast and North China, enhancing its market presence in four major regions[33]. - The company signed a framework agreement for smart city construction with Guang'an City, indicating a strategic move into the smart city and energy management sectors[28]. - The company has established a strategic cooperation agreement with the government of Guang'an to develop a "smart city and big data platform," with the project currently progressing as planned[37]. - The company is committed to transparency in its financial reporting and has adhered to regulatory requirements[71]. Operational Efficiency and Management - The company implemented a comprehensive internal control system to enhance governance and management efficiency, ensuring strict adherence to decision-making processes[32]. - The company has a structured salary system for employees, with fixed and variable components based on performance[159]. - The company conducted various training programs, ensuring each employee received at least 48 hours of training annually[160]. - The company has a complete and clear internal governance structure, compliant with relevant laws and regulations[165]. - The company’s governance practices align with the regulatory standards set by the China Securities Regulatory Commission[166]. - The company maintained effective internal controls over financial reporting as of December 31, 2015[182]. - The company’s management team has over 10 years of experience in the ecological and information sectors, with 30% of its personnel being technical staff, enhancing its operational capabilities[33]. - The company is actively involved in the appointment and adjustment of its senior management to align with its strategic goals[147]. - The company continues to focus on maintaining a strong governance structure with qualified professionals in key positions[151]. Shareholder and Equity Information - The total net profit attributable to the company's common shareholders for 2015 was CNY 37,626,057.58, with a cash dividend payout ratio of 0.00%[88]. - The company did not distribute any cash dividends or increase share capital from capital reserves for the fiscal year 2015, despite having a positive profit available for distribution to common shareholders[88]. - The company has divested significant equity stakes, impacting its net profit contribution by 4.85%[71]. - The company’s major subsidiaries and associated companies contribute over 10% to its net profit[73]. - The company plans to continue evaluating its major equity holdings to optimize financial performance[72]. - The company reported a total of 11,019.9 million yuan from another significant equity sale, with a loss of 626.1 million yuan[72]. - The company has made commitments to maintain independence and avoid competition in the same industry, which are currently being fulfilled[91]. - The company has not proposed any cash dividend distribution plan for the fiscal year 2015 due to its ongoing restructuring efforts[89]. Legal and Compliance Matters - The company is currently under a delisting risk warning period but has applied to the Shenzhen Stock Exchange to lift this warning[5]. - The company has indicated that there is still a risk of suspension of listing pending further approval from the exchange[5]. - The company received a lawsuit involving a claim of 6.82 million RMB related to a coal mine transfer fee and breach of contract[104]. - The company also faced a lawsuit for a claim of 307.8 thousand RMB regarding loan repayment[104]. - The company did not issue a non-standard audit report for the reporting period[94]. - The company confirmed that all commitments made to minority shareholders were fulfilled on time[92]. - The company has not disclosed any significant undisclosed information during its communication activities[83]. Asset Management and Financial Position - The company’s total liabilities were reported at -586,511,465.47 CNY, indicating a significant financial restructuring[19]. - The company’s total assets decreased from 680.7 million to 306.2 million, a reduction of about 55.1%[200]. - The company is focusing on improving liquidity with a significant increase in cash reserves[199]. - The company is undergoing a strategic shift with a notable reduction in long-term investments[199]. - The company recognized impairment losses on coal and mining assets due to signs of impairment, leading to the provision for asset impairment[125]. - The company’s total guarantee amount as of the end of the reporting period was CNY 0, indicating no outstanding guarantees[120]. - The company’s subsidiary, Guangzhou Runlong Investment, had a loan of CNY 17.58 million with a 10-year term, which was guaranteed by the company[120].
京蓝科技(000711) - 2016 Q1 - 季度财报
2016-04-26 16:00
Financial Performance - The company's operating revenue for Q1 2016 was ¥26,502,040.81, representing a 67.55% increase compared to ¥15,817,353.60 in the same period last year[7]. - The net profit attributable to shareholders was -¥5,923,526.47, an improvement of 59.49% from -¥14,622,711.10 year-over-year[7]. - The basic and diluted earnings per share were both -¥0.04, showing a 55.56% improvement from -¥0.09 in the same quarter last year[7]. - The total comprehensive income for Q1 2016 was -3,379,643.43, compared to -14,951,890.06 in the same period last year[42]. - The total profit for Q1 2016 was -2,740,882.03, compared to -13,503,061.61 in the previous year, showing a significant reduction in losses[41]. - The operating profit for Q1 2016 was -2,759,809.10, improved from -13,492,010.47 year-over-year[41]. - The company reported a net profit margin decline due to increased costs, with total operating costs nearly matching total revenue[40]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥31,927,251.12, a significant decline of 2,321.62% compared to -¥1,318,424.44 in the previous year[7]. - Cash inflow from operating activities for Q1 2016 was 3,604,111.17, down from 18,369,823.46 in the previous period[48]. - The company reported a total cash outflow from operating activities of 35,531,362.29 CNY, compared to 19,688,247.90 CNY in the previous period[49]. - The cash inflow from investment activities totaled 100,000,000.00 CNY, while cash outflow was 15,687,698.71 CNY, resulting in a net cash flow from investment activities of 98,000,000.00 CNY[53]. - The net cash flow from financing activities was -8,627,856.80 CNY, with total cash inflows of 15,001,668.92 CNY and outflows of 23,629,525.72 CNY[50]. - Current cash and cash equivalents increased to CNY 163,993,536.76 from CNY 95,920,787.88 at the beginning of the period, representing an increase of approximately 71%[32]. Assets and Liabilities - Total assets at the end of the reporting period were ¥296,973,972.55, a slight decrease of 0.22% from ¥297,622,602.01 at the end of the previous year[7]. - The net assets attributable to shareholders decreased by 2.04% to ¥284,912,637.84 from ¥290,836,164.31 at the end of the last year[7]. - Total liabilities were CNY 11,122,355.45, up from CNY 8,391,341.48, reflecting an increase of approximately 32%[34]. - The company's equity attributable to shareholders decreased to CNY 284,912,637.84 from CNY 290,836,164.31, a decline of about 2%[35]. - The non-current assets totaled CNY 22,636,662.39, significantly up from CNY 3,755,085.09 at the beginning of the period[33]. Shareholder Information - The company had a total of 19,073 common shareholders at the end of the reporting period[10]. - The largest shareholder, Jinglan Holdings Co., Ltd., held 18.65% of the shares, amounting to 30,000,000 shares[10]. - There were no share repurchase transactions conducted by the top ten shareholders during the reporting period[11]. Business Operations and Strategy - The company is in the process of a major asset restructuring, with ongoing updates provided every 30 days[16]. - The board approved a plan for issuing shares and cash to acquire assets, pending shareholder and regulatory approvals[17]. - The company has committed to maintaining independence and reducing related party transactions as part of its long-term commitments[20]. - The company has not engaged in fundraising activities this period due to sufficient liquidity[14]. - The company reported a significant asset sale and related transaction commitments completed by September 29, 2015[21]. - The company is currently fulfilling commitments regarding the authenticity and accuracy of information related to major asset sales as of September 29, 2015[22]. - The company has ongoing commitments related to the major asset restructuring involving share issuance and cash payment, with compliance expected by February 16, 2016[23]. Other Financial Information - The company reported no significant non-recurring gains or losses during the reporting period[8]. - The company has not engaged in any securities investments during the reporting period[25]. - There are no derivative investments reported during the reporting period[26]. - The company has not violated any external guarantee regulations during the reporting period[27]. - There are no non-operating fund occupations by controlling shareholders or related parties reported during the reporting period[28]. - The management expenses for Q1 2016 were 8,908,568.00, a decrease from 10,084,371.50 in the previous year[41]. - The financial expenses for Q1 2016 were reported at -28,052.96, compared to 12,470,126.11 in the previous year, indicating a significant reduction[41]. - The company recorded sales expenses of 1,431,164.69 for Q1 2016, compared to 240,456.60 in the previous year, reflecting an increase[41].
京蓝科技(000711) - 2015 Q4 - 年度财报
2016-02-14 16:00
Financial Performance - The audited net profit for 2015 was -10,005,884.89 CNY, while the net profit attributable to shareholders was 37,626,057.58 CNY, representing a 152.24% increase compared to the previous year[5]. - The company's operating revenue for 2015 was 72,088,308.76 CNY, reflecting a 4.86% increase from 68,749,309.27 CNY in 2014[19]. - The company has experienced a significant turnaround in net profit, improving from -72,031,131.19 CNY in 2014 to a positive figure in 2015[19]. - The basic and diluted earnings per share improved to 0.23 CNY, a 151.11% increase from -0.45 CNY in 2014[20]. - The company's total assets decreased by 75.80% to 297,622,602.01 CNY at the end of 2015, down from 1,193,776,072.39 CNY in 2014[20]. - The net assets attributable to shareholders increased by 14.56% to 290,836,164.31 CNY compared to 253,876,689.44 CNY in 2014[20]. - Non-recurring gains and losses totaled 624,137,523.05 CNY in 2015, significantly higher than -127,480.99 CNY in 2014[25]. - The weighted average return on net assets was 13.80%, a significant recovery from -24.85% in 2014[20]. - The company reported a net profit of 63,534 million yuan, reflecting a decrease of 15.80% compared to the previous period[71]. - The company reported a net loss of approximately ¥5.29 million for the period, with total assets of ¥6.65 billion and net assets of ¥1.89 billion[74]. Business Strategy and Operations - The company plans not to distribute cash dividends, issue bonus shares, or increase capital using reserves[7]. - The company has undergone several changes in its main business operations over the years, shifting from real estate to information technology services[17]. - The company completed a major asset restructuring on December 28, 2015, transferring all assets and liabilities of its commercial real estate and coal/mining sectors[28]. - The company signed a framework agreement for smart city construction with Guang'an City, indicating a strategic move into the smart city sector[28]. - The company has positioned itself as a leading provider of green smart city solutions, focusing on ecological environment industries and internet integration[31]. - The company plans to invest in a "R&D and operation base" in Hebei, aiming to enhance its capabilities in the ecological and internet sectors between 2016 and 2017[33]. - The company is in the process of acquiring Inner Mongolia Muhe Jin Land Water-saving Engineering Equipment Co., Ltd., which will expand its business into the Northeast and North China regions[38]. - The company has established a new subsidiary, Jinglan Ecological Technology Co., Ltd., with an investment of ¥100 million, focusing on modern agriculture and digital water conservation[37]. - The company aims to develop a smart agriculture cloud service platform, including smart irrigation and crop protection operations[81]. - The strategic focus is on integrating "ecological environment + internet" as a business strategy, aiming to enhance value through new technologies[78]. Risk Management and Compliance - The company is currently under a delisting risk warning period but has applied to the Shenzhen Stock Exchange to lift this warning[5]. - The company remains exposed to the risk of suspension from listing due to ongoing uncertainties regarding its delisting status[5]. - The company is focusing on risk management and has advised investors to be cautious[6]. - The company has ongoing commitments to ensure the accuracy and integrity of information provided during asset restructuring, made in September 2015[91]. - The company has not experienced any significant litigation or arbitration issues that would affect its financial position[106]. - The company has not engaged in any related party transactions during the reporting period[109]. Shareholder and Governance - The company did not distribute any cash dividends or increase share capital from capital reserves in 2015, continuing a trend from the previous two years[87]. - The actual controller of the company changed from Ms. Liang Hui to Mr. Guo Shaozeng on December 25, 2015[135]. - The number of shareholders at the end of the reporting period was 13,052, with significant shareholders including Jinglan Holdings Co., Ltd. holding 18.65%[137]. - The company has committed to not reducing its shares held by the controlling shareholder for a period of six months starting from July 2015[90]. - The company has established a clear remuneration policy based on job responsibilities and performance evaluations[157]. - The board of directors includes independent directors with diverse backgrounds, enhancing governance and oversight[156]. - The company has implemented strict management of related party transactions, ensuring compliance and legality[169]. Financial Management - The company reported a financial expense of CNY 48,282,657.63, showing a slight decrease of 0.74% compared to the previous year[57]. - The total liabilities amounted to CNY 911,263,602.07, with current liabilities at CNY 552,263,602.07 and non-current liabilities at CNY 359,000,000.00[198]. - The total current assets increased to ¥293,867,516.92 from ¥68,138,337.34, representing a growth of approximately 331.5% year-over-year[196]. - The cash and cash equivalents rose to ¥95,920,787.88, up from ¥49,025,462.00, indicating an increase of about 95.9%[196]. - The company maintained effective internal control over financial reporting as of December 31, 2015, with no significant deficiencies reported[183]. - The audit opinion issued by Zhongxing Caiguanghua CPA was a standard unqualified opinion, confirming the fairness of the financial statements[188]. Employee and Management - The company employed a total of 73 staff members at the end of the reporting period, with 45% holding bachelor's degrees[159]. - The educational background of employees includes 3 PhDs, 13 master's degrees, and 33 bachelor's degrees, indicating a well-educated workforce[159]. - The average remuneration for the general manager is approximately 124.73 thousand yuan[158]. - The company has established a comprehensive training plan, requiring each employee to complete no less than 48 hours of training annually[161]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 5.2172 million yuan[158].