北京北纬通信科技股份有限公司 2014 年第三季度报告正文 证券代码：002148 证券简称：北纬通信 公告编号：2014-064 北京北纬通信科技股份有限公司 2014 年第三季度报告正文 1 北京北纬通信科技股份有限公司 2014 年第三季度报告正文 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 1,057,061,322.61 | 577,421,047.51 | | 83.07% | | 归属于上市公司股东的净资产 | 1,029,357,795.09 | | 541,904,701.34 | 89.95% | | （元） | | | | | | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | | | 增减 | | 年同期增减 | | 营业收入（元） | 50,804,734.46 | -33.27% | 171,362,156.79 | -18.92% | | 归属于上市公司股东的净利润 （元） | 6,908,458.45 | - ...

Financial Performance - The company's operating revenue for the reporting period was ¥120,557,422.33, a decrease of 10.83% compared to ¥135,202,868.11 in the same period last year[21]. - The net profit attributable to shareholders was ¥15,640,178.07, down 37.31% from ¥24,949,142.21 year-on-year[21]. - The net cash flow from operating activities was negative at ¥15,669,531.29, a decline of 156.35% compared to ¥27,806,615.11 in the previous year[21]. - Basic earnings per share decreased by 45.45% to ¥0.06 from ¥0.11 in the same period last year[21]. - The weighted average return on equity decreased to 1.65% from 4.92% year-on-year, a drop of 3.27%[21]. - The company reported a net profit of -3,169.36 for its subsidiary Hubei Beiwai Information Technology Co., Ltd[59]. - Net profit for the period was CNY 15.64 million, down 37.31% year-on-year[29]. - The company reported a significant decline in traditional value-added service revenue, while new mobile game products have limited revenue growth in Q3 2014[64]. - The net profit attributable to shareholders for the first nine months of 2014 is expected to range from 20.75 million to 33.20 million RMB, representing a decrease of 20% to 50% compared to 41.50 million RMB in the same period of 2013[64]. - The company reported a net profit margin of 20% for the quarter, reflecting improved operational efficiency[164]. Revenue Breakdown - Mobile game revenue declined by 6.72% year-on-year due to delays in the launch of new and self-developed games[31]. - Mobile video business revenue grew by 40.18% year-on-year, driven by effective user acquisition strategies[30]. - The company achieved total revenue of CNY 120.56 million in the first half of 2014, a decrease of 10.83% compared to the same period last year[33]. - The company reported a total operating income of ¥113,646,826.82 in the telecommunications sector, a decrease of 15.05% compared to the previous year[39]. - The mobile gaming business generated ¥56,215,695.90 in revenue, with a year-on-year decline of 6.72%[40]. - The mobile video business saw a revenue increase of 40.18%, totaling ¥19,101,005.82, despite a gross profit margin decrease of 14.40%[40]. Expenses and Investments - Sales expenses increased by 35.57% to CNY 16.81 million, primarily due to higher personnel costs in the mobile gaming sector[34]. - Research and development expenses rose by 39.71% to CNY 15.51 million, reflecting increased investment in game product development[34]. - The company invested ¥2,700,000.00 during the reporting period, a decrease of 10.00% from the previous year's investment of ¥3,000,000.00[42]. - The company reported a significant increase in development expenditures, rising from CNY 3,435,978.08 to CNY 8,563,368.31, which is an increase of about 150%[122]. Assets and Liabilities - Total assets increased by 81.88% to ¥1,050,231,136.86 from ¥577,421,047.51 at the end of the previous year[21]. - The total assets of the company at the end of the current period are CNY 1,023,696,000.00, indicating growth from the previous year[144]. - The company's current assets totaled CNY 635,506,080.01, up from CNY 257,306,605.03, indicating a growth of about 147%[121]. - The total liabilities decreased from CNY 35,000,096.62 to CNY 26,534,533.41, showing a reduction of about 24%[123]. - The owner's equity rose significantly from CNY 542,420,950.89 to CNY 1,023,696,603.45, marking an increase of approximately 88%[123]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company distributed a cash dividend of 1.50 RMB per 10 shares, totaling 19.19 million RMB, and increased its total share capital to 255.85 million shares through a capital reserve transfer[65]. - Major shareholder Fu Lemin held 20.05% of the shares, amounting to 51,307,290 shares, with a decrease of 25,653,645 shares during the reporting period[108]. - The total number of shares increased from 113,400,000 to 255,852,876 after a non-public issuance of 14,526,438 shares and a capital reserve conversion of shares[104]. Corporate Governance and Compliance - The company has maintained a strong governance structure, adhering to relevant laws and regulations, with no discrepancies noted in its governance practices[72]. - The company has not reported any major litigation or arbitration matters during the reporting period[73]. - The company has not engaged in any asset sales or corporate mergers during the reporting period[77][78]. - The company did not engage in any related party transactions during the reporting period, including asset acquisitions or sales[81][82][83][84][85][86]. Future Outlook and Strategic Initiatives - The company is actively expanding its mobile internet services into traditional industries, including a partnership with Sichuan Airlines for the "掌上川航" mobile app[30]. - The company is actively pursuing a major asset restructuring, with board approval for the plan on March 17, 2014, and ongoing efforts to advance the restructuring process[98]. - The company is investing $50 million in R&D for new technologies aimed at enhancing user experience and product functionality[164]. - Market expansion efforts are underway, targeting an increase in market share by 5% in the Asia-Pacific region by the end of 2023[164]. - The company announced a strategic acquisition of a smaller tech firm for $200 million, expected to enhance its product offerings and market position[164]. Accounting and Financial Reporting - The company adheres to the enterprise accounting standards, ensuring that financial statements accurately reflect its financial status[159]. - The company uses Renminbi as its accounting currency, aligning with its operational base in China[161]. - The company employs the first-in, first-out (FIFO) method for inventory valuation[190]. - Financial assets are initially recognized at fair value, including transaction costs, and interest or dividends are recognized as investment income during the holding period[179].

Financial Performance - The company's operating revenue for Q1 2014 was ¥67,875,061.57, representing a 5.56% increase compared to ¥64,302,008.47 in the same period last year[8] - The net profit attributable to shareholders for Q1 2014 was ¥11,160,837.62, up 10.33% from ¥10,116,223.17 in the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,194,218.32, reflecting a 10.63% increase from ¥10,118,739.99 year-on-year[8] - The net profit attributable to shareholders for the first half of 2014 is expected to be between 24.9491 million and 32.4339 million RMB, representing a growth of 0% to 30% compared to the same period in 2013[25] Cash Flow and Assets - The net cash flow from operating activities was negative at -¥12,549,131.02, a significant decline of 188.52% compared to ¥14,176,381.16 in the same period last year[8] - Total assets at the end of the reporting period reached ¥1,066,250,469.10, an increase of 84.66% from ¥577,421,047.51 at the end of the previous year[8] - The net assets attributable to shareholders were ¥1,037,401,008.60, up 91.44% from ¥541,904,701.34 at the end of the previous year[8] - Cash and cash equivalents increased by 137.11% compared to the beginning of the year, primarily due to the completion of a private placement at the beginning of the year, raising a total of approximately RMB 500 million[20] - Prepayments decreased by 81.67% compared to the beginning of the year, mainly due to a reduction in prepayment items during the period[20] - Other current assets increased by 4349.80% compared to the beginning of the year, primarily due to an increase in the purchase of bank wealth management products[20] - Intangible assets decreased by 36.58% compared to the beginning of the year, mainly due to normal amortization of intangible assets[20] - Development expenditures increased by 57.57% compared to the beginning of the year, primarily due to increased expenditures on mobile game development[20] - Long-term deferred expenses increased by 244.99% compared to the beginning of the year, mainly due to increased expenses for new office renovations[20] Shareholder Information - The total number of shareholders at the end of the reporting period was 22,078[11] - The largest shareholder, Fu Lemin, holds 20.05% of the shares, amounting to 25,653,645 shares[11] Financial Indicators - The weighted average return on net assets decreased to 1.28%, down 0.74% from 2.02% in the same period last year[8] - There were no significant changes in the company's major accounting items or financial indicators during the reporting period[17] - Investment income increased by 857.31% compared to the same period last year, primarily due to increased earnings from associated companies[20] - Financial expenses increased by 139.49% compared to the same period last year, mainly due to an increase in interest income[20] Business Development - The company is actively promoting a major asset restructuring, with announcements made regarding the progress of this restructuring[21] - The company has signed agreements to conduct mobile communication resale business, which is expected to positively impact its layout in the mobile internet industry[22] - The company maintains stable development across various business segments, contributing to steady growth in performance[25]

Dividend Distribution - The company plans to distribute a cash dividend of 1.50 RMB per 10 shares to all shareholders, based on the total share capital as of February 26, 2014[5]. - In 2013, the company distributed cash dividends of 19.19 million yuan, representing 34.08% of the net profit attributable to shareholders[77]. - The total cash dividend for the year 2013 is ¥19,188,965.70, which accounts for 100% of the profit distribution[78]. - The profit distribution plan includes a cash dividend of ¥1.50 per 10 shares, resulting in a total distribution based on the current total share capital of 127,926,438 shares[78]. Financial Performance - The company's total revenue for 2013 was CNY 281.25 million, an increase of 24.92% compared to the previous year[32]. - Net profit attributable to shareholders was CNY 56.31 million, representing a growth of 22.86% year-over-year[32]. - Mobile internet revenue accounted for nearly 60% of total revenue, with mobile gaming revenue increasing by 68.50% to CNY 139.94 million[32]. - The mobile video business saw an 83.93% increase in revenue, supported by new sports channel operations[32]. - The overall gross profit margin improved by 1.89 percentage points compared to the previous year[33]. - Basic and diluted earnings per share were both CNY 0.5, reflecting a 25% increase year-over-year[32]. - The company reported a net profit of ¥64,676,745.67, which is a 51.1% increase compared to the previous year's profit[168]. Business Operations and Strategy - The company has not reported any changes in its main business operations since its listing, indicating stability in its business model[19]. - The mobile internet industry is transitioning from a development phase to a mature phase, posing risks if the company fails to establish suitable business and profit models[12]. - The company emphasizes the importance of adapting to changing user preferences in mobile internet products to remain competitive[12]. - The company plans to establish a brand image for the "Beehive Game" platform and strengthen self-developed game quality, aiming for a competitive studio system[68]. - The company aims to expand video service cooperation, particularly in the mobile video sector, leveraging partnerships with CCTV International and telecom operators[68]. - The company plans to deepen its cooperation with Sichuan Airlines to explore new applications in the mobile internet aviation sector[69]. Research and Development - Research and development expenditure amounted to 22,335,200 RMB, accounting for 4.12% of the net assets and 7.94% of operating income[43]. - The company has established a comprehensive R&D system, focusing on forward-looking technologies in the mobile internet sector[57]. - The company holds 57 software copyrights, 14 registered patents, and 13 trademarks, showcasing its strong intellectual property portfolio[57]. Financial Health and Assets - The company's total assets at the end of 2013 were CNY 577.42 million, up 12.55% from the previous year[32]. - The company's cash and cash equivalents decreased by 72,397,954 RMB, reflecting a 60.5% increase in net decrease compared to the previous year[45]. - The total current assets decreased from CNY 309,972,109.19 at the beginning of the year to CNY 257,306,605.03 at the end of the year, representing a decline of approximately 16.9%[161]. - Cash and cash equivalents decreased from CNY 237,712,763.42 to CNY 165,314,809.84, a reduction of about 30.4%[161]. Corporate Governance - The company has engaged Zhongxi Accounting Firm for auditing services, ensuring compliance and accuracy in financial reporting[20]. - The company has maintained compliance with commitments to avoid competition and has not faced any penalties or non-compliance issues during the reporting period[96]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal requirements[128]. - The company maintains a transparent information disclosure process, ensuring all shareholders have equal access to information[128]. Market and Industry Trends - In 2013, the global mobile game market revenue reached $12.2 billion, with smartphone revenue accounting for $8.5 billion[66]. - China's mobile game market actual sales revenue was 11.24 billion yuan, a year-on-year increase of 246.9%, with user numbers reaching approximately 310 million, up 248.5% from 2012[66]. - By the end of 2013, the number of users watching or downloading videos on mobile devices in China reached 247 million, an increase of 83.8% compared to the end of 2012[66]. Shareholder Information - The total number of shareholders at the end of the reporting period was 23,977, an increase from 22,959 five trading days prior[105]. - Major shareholder Fu Lemin holds 22.62% of the shares, totaling 25,653,645 shares, with a decrease of 1,044,355 shares during the reporting period[105]. - The total number of shares outstanding remained at 113,400,000[105]. Risks and Compliance - The company reported no media controversies during the reporting period[83]. - There were no significant litigation or arbitration matters during the reporting period[82]. - The company has not faced any risks of suspension or termination of listing following the annual report disclosure[96].