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超图软件(300036) - 2014 Q3 - 季度财报
2014-10-23 16:00
Financial Performance - Total operating revenue for the reporting period was CNY 53,927,204.39, down 15.08% year-on-year, while total operating revenue from the beginning of the year to the reporting period was CNY 177,477,913.83, an increase of 13.85%[9]. - Net profit attributable to shareholders of the listed company was CNY 889,691.48, a decrease of 95.89% year-on-year, with a cumulative net profit of CNY -8,045,046.68, down 192.42% from the previous year[9]. - Basic earnings per share for the reporting period were CNY 0.007, down 96.11% year-on-year, and diluted earnings per share were also CNY 0.007, down 96.11%[9]. - The weighted average return on net assets was 0.15%, a decrease of 3.73% compared to the previous year[9]. - The company's operating profit decreased by 332.24% compared to the same period last year, due to a significant rise in management and sales expenses without a corresponding increase in operating revenue[27]. - The company reported a significant increase in development expenditures from CNY 2,203,101.37 to CNY 10,420,713.94, an increase of about 373.5%[59]. - The net profit for Q3 2014 was CNY 766,104.86, down 96.4% from CNY 21,313,783.26 in Q3 2013[66]. - The company reported an investment loss of CNY 130,441.36 for the third quarter, compared to a gain of CNY 18,850,419.88 in the previous year[72]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 767,637,781.23, a decrease of 5.66% compared to the end of the previous year[9]. - The total current assets decreased from CNY 460,260,171.01 at the beginning of the period to CNY 401,203,713.04 at the end of the period, a reduction of approximately 12.8%[58]. - The total liabilities decreased from CNY 173,347,901.69 to CNY 144,519,093.36, a decrease of approximately 16.7%[60]. - The company's cash and cash equivalents decreased by 36.65% compared to the beginning of the period, primarily due to operating expenses, fixed asset purchases, and dividend distributions[24]. - The company's retained earnings decreased from CNY 155,053,221.81 to CNY 134,777,207.13, a decrease of about 13.1%[60]. - The company's total equity decreased from CNY 640,377,670.71 to CNY 623,118,687.87, a decrease of approximately 2.7%[60]. Accounts Receivable and Cash Flow - Accounts receivable increased by 20.68% compared to the beginning of the year, raising concerns about potential bad debts and cash flow efficiency[16]. - Accounts receivable increased from CNY 138,611,551.63 to CNY 167,272,894.98, representing an increase of about 20.7%[58]. - Cash flow from operating activities showed a net outflow of CNY 60,983,850.41, slightly improved from a net outflow of CNY 62,226,543.85 in the previous year[78]. - The company's cash and cash equivalents at the end of the period were CNY 167,028,921.80, down from CNY 135,128,874.92 in the previous year[79]. Research and Development - Research and development expenses increased by 373.00% compared to the beginning of the period, mainly due to increased investment in projects such as SuperMap GIS 7C and SuperMap SGS 7.5[25]. - The company launched the SuperMap iPortal product and released the Alpha version of the SuperMap iCloud product, enhancing its cloud GIS application solutions[33]. - The company reported a 22.51% year-on-year increase in orders for its GIS platform software[31]. Strategic Initiatives - The company plans to strengthen market policy analysis and monitoring mechanisms to mitigate risks from government procurement adjustments[12]. - The company aims to enhance R&D investment and improve core competitiveness in GIS technology to address rapid industry changes and competition[13]. - The company will focus on improving localized service quality and expanding partnerships to maintain market share and profitability[15]. - The company implemented the 4R plan, enhancing management efficiency and employee execution, leading to effective control of operational costs[44]. Investments and Fund Management - The total amount of raised funds is CNY 34,257.37 million, with CNY 3,088.63 million invested during the reporting period[50]. - The cumulative amount of raised funds invested is CNY 35,785.77 million, with no changes in the use of raised funds[50]. - The company is actively seeking investment targets, although no significant progress has been made during the reporting period[45]. - The company aims to maximize the efficiency of its funds by managing payment schedules over five years for certain procurement items[52]. Operational Challenges - The company experienced a significant increase in management expenses, rising to CNY 30,207,686.96 from CNY 23,385,201.29, an increase of 29.1%[66]. - The company incurred total operating costs of CNY 201,938,888.51, an increase of 11.9% from CNY 180,432,723.18 in the previous year[72]. - The company reported a significant increase in cash dividends paid, which increased by 2338.22% year-on-year due to the implementation of cash dividends this period[32].
超图软件(300036) - 2014 Q2 - 季度财报
2014-08-18 16:00
Financial Performance - Total operating revenue for the first half of 2014 was CNY 123,550,709.44, representing a 33.73% increase compared to CNY 92,388,334.48 in the same period last year[16]. - The net profit attributable to shareholders of the listed company was a loss of CNY 8,934,738.16, an improvement of 30.98% from a loss of CNY 12,944,510.02 in the previous year[16]. - The net cash flow from operating activities was a negative CNY 79,286,294.10, which is a decline of 22.58% compared to a negative CNY 64,678,966.84 in the same period last year[16]. - Basic earnings per share improved to CNY -0.07 from CNY -0.108, reflecting a 35.19% increase[16]. - The company’s net profit after deducting non-recurring gains and losses was CNY -14,004,283.43, a 29.35% improvement from CNY -19,823,014.01 in the previous year[16]. - The net profit for the first half of 2014 was a loss of CNY 9,320,906.79, compared to a loss of CNY 12,915,883.64 in the previous year, indicating an improvement in performance[149]. - The net profit for the current period is -¥6,278,467.80, an improvement from -¥14,986,212.40 in the previous period, indicating a reduction in losses[152]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 754,768,402.78, down 7.25% from CNY 813,725,572.40 at the end of the previous year[16]. - The equity attributable to shareholders of the listed company decreased by 2.69% to CNY 609,011,891.21 from CNY 625,827,597.98[16]. - Total liabilities decreased by 24.52% to ¥130,850,222.17, primarily due to a reduction in current liabilities[41]. - The total liabilities decreased to CNY 112,648,331.18 from CNY 156,228,530.23, a reduction of about 28%[146]. - The owner's equity totaled CNY 607,131,741.50, down from CNY 622,108,692.30, reflecting a decrease of approximately 2.5%[147]. Cash Flow - Cash and cash equivalents decreased by 37.21% to ¥175,777,158.96 due to operating expenses, fixed asset purchases, and dividend distributions[39]. - Operating cash inflows increased by 19.97% to ¥108,302,536.06, while operating cash outflows rose by 21.06% to ¥187,588,830.16, resulting in a net cash outflow from operating activities of ¥79,286,294.10[42]. - The cash flow from operating activities shows a net outflow of -¥79,645,973.80, worsening from -¥63,792,065.66 in the previous period[157]. - The company reported a cash and cash equivalents balance of ¥145,712,967.68 at the end of the period, down from ¥254,910,627.70 at the beginning of the period[158]. Research and Development - The company is increasing R&D investment to enhance its core competitiveness in 2D and 3D GIS, cloud GIS, and mobile GIS[24]. - R&D expenses increased by 29.53% to ¥44,735,758.16, reflecting a commitment to enhancing product development and application platforms[43]. - The company has completed 93.89% of the investment in the GIS basic platform software series R&D upgrade project, with a cumulative investment of 76.97 million yuan[81]. Market and Product Development - The company launched two new basic platform products, 7C SP1 and the alpha version of cloud iPortal, enhancing its product offerings in the mobile GIS sector[33]. - The company hosted promotional events in five cities, enhancing brand image and generating new business opportunities[32]. - The company anticipates continued growth in demand driven by smart city initiatives and geographic monitoring policies, enhancing its competitive advantage[45]. - The company achieved a 20.99% increase in total orders for platform software products compared to the same period last year[69]. Shareholder and Stock Information - The total number of shares increased from 122,309,680 to 122,579,680 due to the granting of 270,000 restricted stock units[125]. - Major shareholder Zhong Ershun holds 14.92% of shares, totaling 18,294,400 shares, with an increase of 4,573,600 shares during the reporting period[131]. - The company has granted 270,000 restricted stock units to 9 incentive targets, with a total estimated cost of RMB 655,500, which will be amortized over the lock-up periods[99]. - The company’s stock structure and shareholder composition have changed due to the implementation of the restricted stock plan[125]. Compliance and Governance - The financial report is prepared based on the accounting standards issued by the Ministry of Finance in February 2006, ensuring compliance with the relevant regulations[176]. - The company has not engaged in any major litigation or arbitration during the reporting period[93]. - There were no significant related party transactions during the reporting period[102]. Future Outlook - The company plans to strengthen its enterprise market development and improve project opportunity identification to mitigate risks from government budget cuts[23]. - The company plans to establish a new technology center in Wuhan, with an expected scale of around 60 personnel[74]. - The company expects to achieve a turnaround in cumulative net profit from the beginning of the year to the end of the third quarter of 2014[87].
超图软件(300036) - 2014 Q1 - 季度财报
2014-04-24 16:00
Revenue and Profitability - Total revenue for Q1 2014 reached ¥55,548,214.38, representing a 70.84% increase compared to ¥32,514,425.75 in the same period last year[9]. - Net profit attributable to ordinary shareholders was ¥517,130.23, a significant turnaround from a loss of ¥973,766.00 in the previous year, marking a 153.11% improvement[9]. - Basic earnings per share improved to ¥0.004 from -¥0.008, reflecting a 150.00% increase[9]. - The company achieved operating revenue of 55.55 million yuan, a year-on-year increase of 70.84%[24]. - The total profit reached 619,600 yuan, an increase of 186.99% compared to the same period last year[24]. - The net profit attributable to shareholders was 517,100 yuan, reflecting a growth of 153.11% year-on-year[24]. - The company reported a net loss of CNY 2,495,311.50 for Q1 2014 compared to a net loss of CNY 5,372,095.43 in Q1 2013, indicating an improvement in financial performance[52]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥58,868,138.41, worsening by 51.58% from -¥38,835,073.33 year-on-year[9]. - The company's cash and cash equivalents decreased by 23.99% compared to the beginning of the period, mainly due to increased expenditures for daily operations and long-term asset construction[22]. - The company reported a decrease in cash and cash equivalents from 279.96 million RMB at the beginning of the period to 212.81 million RMB at the end[46]. - The company experienced a significant increase in operating cash inflow from sales, totaling ¥29,989,955.86, compared to ¥20,362,874.90 in the previous year[59]. - The net cash flow from operating activities was -58,227,075.78 CNY, compared to -37,024,499.48 CNY in the previous year, indicating a decline of approximately 57.3%[64]. - The ending balance of cash and cash equivalents was 187,883,587.12 CNY, up from 151,031,165.36 CNY, reflecting an increase of approximately 24.4%[65]. Assets and Liabilities - Total assets decreased by 4.08% to ¥780,532,949.21 from ¥813,725,572.40 at the end of the previous year[9]. - The company's cash and cash equivalents decreased to CNY 194,232,140.73 from CNY 261,259,181.31, a decline of approximately 25.6%[50]. - Total liabilities decreased to CNY 118,713,347.59 from CNY 156,228,530.23, a decline of about 24.1%[51]. - Shareholders' equity increased slightly to CNY 624,094,489.46 from CNY 622,108,692.30, showing a marginal growth of 0.3%[51]. Accounts Receivable and Management - The company reported accounts receivable of ¥163,070,400, with a risk of collection difficulties due to reliance on government clients[14]. - The company aims to strengthen its management of accounts receivable to improve liquidity and reduce bad debt risks[15]. - The company's accounts receivable increased by 41.13% compared to the beginning of the period, attributed to higher business volume and increased deposits for bidding guarantees[22]. - Accounts receivable increased from 138.61 million RMB to 163.07 million RMB during the reporting period[46]. Investment and Development - Development expenditures rose by 66.87% compared to the beginning of the period, reflecting increased investment in proprietary software product R&D[22]. - The company plans to enhance online service product development and market expansion for its cloud services, which are currently in a seed stage[13]. - The company signed 88 orders during the reporting period, indicating a diversified order situation across various industries and regions[26]. - The new generation cloud + end product, SuperMap GIS 7C SP1, is expected to be officially supplied on June 1, 2014, enhancing the company's core competitiveness in the GIS platform market[27]. Fundraising and Financial Commitments - Total fundraising amount reached CNY 342.57 million, with CNY 2.10 million invested in the current quarter[37]. - Cumulative investment from fundraising totaled CNY 323.02 million, representing 93.89% of the committed investment for GIS basic platform software development[38]. - The company has committed to not transferring shares for 36 months post-IPO, ensuring shareholder stability[36]. - The company has not experienced any unfulfilled commitments during the reporting period[36]. Operational Costs and Expenses - The company's operating costs surged by 129.96% compared to the same period last year, influenced by increased business volume and rising procurement and labor costs[22]. - Total operating costs for Q1 2014 were CNY 58,043,525.88, up from CNY 37,886,521.18, indicating a rise of about 53.3%[52]. - Sales expenses increased to ¥14,867,998.40, up from ¥11,575,246.63, reflecting a rise of 28.5%[56]. - Management expenses rose to ¥22,131,189.16, compared to ¥16,226,934.02, indicating a 36.4% increase[56].
超图软件(300036) - 2013 Q4 - 年度财报
2014-04-07 16:00
Financial Performance - The company reported a total revenue of RMB 300 million for the year 2013, representing a year-on-year growth of 15%[12]. - The net profit attributable to shareholders was RMB 50 million, an increase of 10% compared to the previous year[12]. - The company’s total assets reached RMB 1.2 billion, with a year-on-year increase of 20%[12]. - The company's operating revenue for 2013 was CNY 312,899,446.55, an increase of 18.51% compared to CNY 264,028,848.67 in 2012[20]. - The net profit attributable to shareholders of the listed company reached CNY 54,765,607.83, a significant increase of 919.59% from CNY 5,371,349.59 in the previous year[20]. - The operating profit for 2013 was CNY 43,091,214.22, a turnaround from a loss of CNY 12,797,506.36 in 2012, representing a growth of 436.72%[20]. - The net cash flow from operating activities was CNY 57,817,895.41, up 40.41% from CNY 41,176,934.41 in 2012[20]. - The total profit amounted to 62.16 million yuan, showing a remarkable year-on-year growth of 1306.56%[27]. - The net profit attributable to shareholders reached CNY 54.8 million, marking a significant increase of 919.59% compared to the previous year[38]. User Growth and Market Expansion - User data indicated a growth in active users by 25%, reaching a total of 1 million users by the end of 2013[12]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share over the next three years[12]. - The company expanded its user base for the Map Hui product to over 42,000 users by the end of the reporting period[36]. - The company is focused on expanding its geographic information system (GIS) technology services in various regions, including East China and Xinjiang[88]. Research and Development - The company has allocated RMB 10 million for research and development in new technologies for the upcoming fiscal year[12]. - Research and development investment amounted to CNY 80.6 million, accounting for 25.77% of operating income, maintaining a strong focus on innovation[47]. - The company launched 13 new products in the SuperMap GIS 7C series, enhancing its cloud GIS technology system[28]. - The company launched a new cloud-integrated GIS platform software, SuperMap GIS 7C, enhancing its competitive edge in the geographic information system sector[41]. - The GIS Basic Platform Software Series R&D project achieved a completion rate of 93.89%, with CNY 7,697.08 million invested out of CNY 8,198.0 million[79]. Strategic Initiatives - The board has set a performance guidance for 2014, aiming for a revenue growth of 20%[12]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach[12]. - The company aims to leverage its position in the smart city construction sector, which is increasingly becoming a new direction for urban management development[98]. - The company plans to strengthen the development of integrated GIS products and apply for relevant qualifications to participate in product development for military modernization, which presents significant market opportunities[102]. Financial Stability and Investments - The asset-liability ratio decreased to 21.30% in 2013 from 22.62% in 2012, indicating improved financial stability[20]. - The company reported a significant decrease in financial expenses by 30.50%, mainly due to reduced interest income[45]. - The company achieved a 121.16% year-on-year increase in cash outflow from financing activities, primarily due to the repayment of short-term bank loans[52]. - The company made total investments of CNY 7 million during the reporting period, compared to CNY 0 in the previous year[73]. Corporate Governance and Compliance - The company has established a system for managing insider information, ensuring compliance with legal regulations and preventing insider trading[120]. - There were no significant litigation or arbitration matters reported during the year[125]. - The company did not engage in any asset acquisitions or sales during the reporting period[127][128]. - The company has adhered strictly to commitments regarding stock incentives and has not engaged in any activities that would conflict with these commitments[158]. Shareholder Information - The cash dividend distribution plan for 2013 is set at 1 CNY per 10 shares, totaling 12,230,968.00 CNY, which represents 100% of the profit distribution[113][115]. - The company did not distribute dividends in 2012 and 2011, opting to retain earnings for operational needs and new product development[116]. - The total number of shares increased from 120,000,000 to 122,309,680, representing a change of 1.92%[169]. - The number of shareholders increased from 10,834 to 12,158 during the reporting period[174]. Employee and Management Structure - The company had a total of 928 employees as of December 31, 2013[199]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 3,382,745.99, with an additional CNY 331,048.68 received from shareholder units, leading to a total of CNY 3,713,794.67[195]. - The company appointed Lu Xuehui as the new financial director on December 18, 2013, following the resignation of previous financial directors due to personal reasons[197]. - The company has maintained a stable management team, with several directors holding positions in other organizations without receiving remuneration from those entities[192].