EMPTECH(300546)

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雄帝科技(300546) - 2020 Q1 - 季度财报
2020-04-23 16:00
Financial Performance - Total revenue for Q1 2020 was ¥44,942,324.81, a decrease of 67.31% compared to ¥137,471,658.02 in the same period last year[8] - Net profit attributable to shareholders was -¥13,335,736.19, representing a decline of 236.85% from ¥9,744,647.50 in the previous year[8] - Basic and diluted earnings per share were both -¥0.10, down 242.86% from ¥0.07 in the same period last year[8] - The net profit for the current period is -¥13,976,577.27, compared to a net profit of ¥9,744,647.50 in the previous period, indicating a significant decline[46] - The total profit for the current period is -¥13,910,716.36, compared to ¥11,954,260.77 in the previous period, marking a substantial decline[46] Cash Flow - The net cash flow from operating activities improved by 35.15%, amounting to -¥46,397,650.98 compared to -¥71,544,442.97 in the prior year[8] - Total cash inflow from operating activities was 116,584,048.95 CNY, while total cash outflow was 147,657,911.78 CNY, resulting in a net cash flow of -31,073,862.83 CNY[56] - Cash received from sales of goods and services was ¥64,648,800.73, down from ¥125,289,601.15, a decrease of 48.30%[51] - Total cash inflow from operating activities was 82,434,413.28 CNY, while cash outflow was 128,832,064.26 CNY, resulting in a net cash flow of -46,397,650.98 CNY[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,106,135,887.97, a slight decrease of 0.59% from ¥1,112,740,970.21 at the end of the previous year[8] - Total liabilities increased to CNY 260,732,851.24 from CNY 255,304,880.00, marking a rise of about 2.0%[38] - Total equity decreased to CNY 845,403,036.73 from CNY 857,436,090.21, reflecting a decline of approximately 1.4%[39] - Current assets totaled CNY 934,337,948.87, down from CNY 946,767,329.68, indicating a decrease of approximately 1.3%[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,650[12] - The largest shareholder, Gao Jing, holds 37.34% of the shares, with 51,022,500 shares, and has pledged 39,797,550 shares[12] - Net assets attributable to shareholders decreased by 1.37%, totaling ¥842,250,578.27 compared to ¥853,983,435.67 at the end of the last year[8] Research and Development - The company is focusing on enhancing its R&D efforts to maintain a technological edge and develop high-value-added new products[21] - Research and development expenses increased to ¥21,022,424.66, up from ¥18,378,129.87, representing a growth of 8.95%[45] - The company has achieved several R&D results and aims to maintain technological leadership by increasing R&D investment and optimizing product development processes[23] Market and Sales - The company has signed a significant contract with the Belarusian Ministry of Finance, which is currently being executed normally[19] - In Q1 2020, the company's overseas sales amounted to 32.13 million yuan, accounting for 7.15% of total operating revenue, a decrease from previous years[22] - The top five customers contributed 51.86% of total revenue, reflecting normal sales variations due to project execution changes[20] Government Support - The company received government subsidies amounting to ¥1,926,908.54 during the reporting period[9] Investment and Financing - Short-term borrowings reached 30 million yuan, marking a 100% increase as the company secured bank loans[17] - The total amount of raised funds is 235.78 million yuan, with 9.74 million yuan invested in the current quarter, and a cumulative investment of 229.41 million yuan[26] Compliance and Standards - The company has implemented new revenue and leasing standards starting from 2020, affecting the financial statements[58] - The company has implemented new revenue recognition standards effective January 1, 2020, impacting the reporting of contract liabilities[62] Other Information - The impact of the COVID-19 pandemic on order stability and production is uncertain, potentially affecting the company's performance in the first half of 2020[29] - The first quarter report was not audited[64]
雄帝科技(300546) - 2019 Q4 - 年度财报
2020-04-23 16:00
Financial Performance - The company's operating revenue for 2019 was ¥706,190,812.82, representing a 17.61% increase compared to ¥600,457,660.07 in 2018[19]. - The net profit attributable to shareholders for 2019 was ¥121,724,764.24, up 12.87% from ¥107,841,702.67 in 2018[19]. - The net cash flow from operating activities surged to ¥86,845,356.67, a remarkable increase of 927.03% compared to ¥8,455,944.17 in 2018[19]. - The total assets at the end of 2019 amounted to ¥1,112,740,970.21, reflecting a 1.93% increase from ¥1,091,665,481.16 at the end of 2018[19]. - The company's net assets attributable to shareholders increased by 15.98% to ¥853,983,435.67 from ¥736,320,280.38 in 2018[19]. - The company reported a basic earnings per share of ¥0.90 for 2019, an increase of 11.11% from ¥0.81 in 2018[19]. - The total revenue from the top five customers was CNY 289,186,739.08, representing 40.95% of the annual sales[63]. - The total procurement amount from the top five suppliers was CNY 67,420,072.72, which accounted for 25.57% of the annual procurement[64]. Overseas Expansion - The company's overseas sales amounted to RMB 140.21 million in 2019, accounting for 19.85% of total revenue, showing a steady increase from RMB 116.26 million (19.36%) in 2018 and RMB 78.56 million (20.67%) in 2017[6]. - The company has exported products to various countries including Nigeria, Russia, Malaysia, and India, and aims to strengthen its presence in Africa, Asia, and Europe[6]. - The company signed a significant contract worth USD 12 million for the supply of equipment and software for electronic identity documents in Belarus, which is currently being executed[57]. - The company is actively expanding its overseas market presence, focusing on secure documents, elections, smart banking, and intelligent transportation[49]. - The company is expanding its overseas business in markets such as Belarus and Hong Kong, focusing on electronic passports and smart transportation projects[97]. Research and Development - The company has achieved several R&D milestones and maintains a leading position in the industry, but faces risks if it fails to keep pace with technological advancements[8]. - The company is focused on developing new technologies and products as a key strategy for market competitiveness[8]. - Research and development expenses increased by 50.22% to CNY 10,000.62 million, with the company obtaining 3 invention patents and 11 utility model patents during the reporting period[44]. - The company is actively developing digital identity solutions, transitioning from traditional paper documents to electronic and digital certificates[30]. - The company aims to enhance its R&D efforts to maintain a technological edge and mitigate risks associated with declining gross margins[93]. - The company plans to enhance its R&D efforts, aiming for a comprehensive solution capability that integrates technology innovation with industry trends, particularly in digital identity and big data analysis[99]. Market Strategy - The company emphasizes the importance of maintaining technological leadership and enhancing marketing and localization capabilities to avoid market share decline[5]. - The company is focusing on identity information management, providing integrated solutions for identity recognition and intelligent management across various industries[27]. - The company is focusing on the smart public transportation sector, aligning with national policies promoting the integration of information technology in transportation[92]. - The company is committed to improving its corporate governance and internal control systems to enhance operational efficiency and investor confidence[50]. - The company is committed to optimizing product structures and processes to control costs and maintain stable gross margins amid increasing competition[93]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 1.21 per 10 shares (including tax) based on a total of 136,611,500 shares, with no bonus shares issued[8]. - The cash dividend for 2019 accounts for 13.58% of the net profit attributable to the company's ordinary shareholders[108]. - The cash dividend represents 100% of the total profit distribution amount[108]. - The company's distributable profit for the period is 470,285,433.87 CNY[108]. - The cash dividend distribution plan for 2019 is subject to approval at the annual shareholders' meeting[106]. Corporate Governance - The company’s financial report has been confirmed as true, accurate, and complete by its board and management, ensuring accountability[3]. - The company is committed to fulfilling social responsibilities and maintaining transparency with investors[149]. - The company has established commitments to prevent unfair benefit transfers to other entities or individuals[112]. - The company has maintained a focus on internal governance and compliance, with no reported penalties from regulatory bodies in the past three years[190]. - The company has a structured decision-making process for remuneration, involving the remuneration and assessment committee, which submits proposals to the board and supervisory committee for approval[192]. Employee Management - The company has a total of 975 employees, with 332 in technical roles, 277 in sales, and 262 in production[196]. - The company has implemented a performance and compensation management system to enhance market competitiveness and retain talent[197]. - The annual bonus package has been increased to reward employees, especially those who exceed performance targets[198]. - The company has established a comprehensive welfare system, including social insurance and housing funds, reflecting its core values[199]. - A talent qualification system has been introduced to provide clear career development paths for employees[200].
雄帝科技(300546) - 2019 Q3 - 季度财报
2019-10-30 16:00
Financial Performance - Net profit attributable to shareholders was CNY 31,103,516.40, an increase of 27.16% year-on-year[8]. - Operating revenue reached CNY 159,629,672.97, reflecting a growth of 27.66% compared to the same period last year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 30,340,487.27, up 46.03% year-on-year[8]. - Basic earnings per share were CNY 0.23, representing a 27.78% increase compared to the same period last year[8]. - The company reported a net profit margin improvement, with net profit for the period reflecting a positive trend due to increased revenues and controlled costs[34]. - The net profit for Q3 2019 reached CNY 31,103,516.40, representing a growth of 27.2% from CNY 24,460,011.58 in Q3 2018[36]. - The total profit for Q3 2019 was CNY 92,339,341.88, an increase of 32.4% compared to CNY 69,714,673.65 in Q3 2018[44]. Revenue and Costs - The total operating revenue for Q3 2019 was CNY 159.63 million, an increase of 27.7% compared to CNY 125.04 million in the same period last year[34]. - The total operating costs for Q3 2019 were CNY 126.64 million, up from CNY 102.12 million, reflecting a year-over-year increase of 24%[34]. - The total operating costs for the year-to-date period were CNY 397,194,174.85, which is an increase of 30.9% from CNY 303,346,916.63 in the previous year[42]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,028,420,469.25, a decrease of 5.79% compared to the end of the previous year[8]. - The company's total liabilities decreased, with accounts payable down by 48.51% to ¥19,017,817.52[17]. - The total liabilities decreased to CNY 198.54 million from CNY 329.19 million, representing a reduction of 39.7%[31]. - The equity attributable to the parent company increased to CNY 809.10 million from CNY 736.82 million, reflecting a growth of 9.8%[32]. Cash Flow - The company reported a net cash flow from operating activities of CNY -79,380,606.37, a decrease of 34.29% year-to-date[8]. - The net cash flow from operating activities for Q3 2019 was -CNY 79,380,606.37, an improvement from -CNY 120,806,952.09 in Q3 2018[48]. - The net cash flow from investing activities was 1,720,003.89 RMB, a significant recovery from -109,283,669.90 RMB in the previous period[53]. - Total cash inflow from operating activities was 394,982,747.13 RMB, slightly up from 389,216,043.75 RMB year-on-year[53]. Research and Development - R&D expenses surged by 64.09% to ¥67,046,498.87, reflecting higher investment in research and development[17]. - Research and development expenses rose significantly to CNY 25.06 million, compared to CNY 13.34 million in the previous year, marking an increase of 87.8%[34]. - Research and development expenses for Q3 2019 amounted to CNY 67,046,498.87, which is a significant increase of 64.3% from CNY 40,860,222.83 in the same period last year[46]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,834[11]. - The largest shareholder, Gao Jing, holds 38.83% of the shares, amounting to 53,063,400 shares, which are pledged[11]. - The company has no plans for share repurchase transactions among the top 10 shareholders during the reporting period[12].
雄帝科技(300546) - 2019 Q2 - 季度财报
2019-08-21 16:00
Financial Performance - Total revenue for the first half of 2019 reached RMB 314,749,037.47, representing a 35.47% increase compared to RMB 232,334,228.97 in the same period last year[22]. - Net profit attributable to shareholders was RMB 46,529,987.56, up 35.48% from RMB 34,345,784.84 year-on-year[22]. - The net profit after deducting non-recurring gains and losses was RMB 42,733,202.27, reflecting a 30.58% increase from RMB 32,724,499.08 in the previous year[22]. - The basic earnings per share increased to RMB 0.34, a 36.00% rise compared to RMB 0.25 in the same period last year[22]. - The company achieved operating revenue of 314.75 million yuan, a year-on-year increase of 35.47%[34]. - Net profit attributable to shareholders reached 46.53 million yuan, reflecting a growth of 35.48% compared to the previous year[34]. - The company reported a total of RMB 20,795,127.58 in other receivables as of June 30, 2019, up from RMB 17,990,211.34 at the end of 2018[127]. - The company reported a total sales revenue of 250,714,385.81 yuan from goods and services in the first half of 2019, compared to 188,754,822.56 yuan in the same period of 2018, marking an increase of approximately 32.8%[147]. Assets and Liabilities - The company’s total assets at the end of the reporting period were RMB 1,041,299,716.90, a decrease of 4.61% from RMB 1,091,665,481.16 at the end of the previous year[22]. - The net assets attributable to shareholders increased by 5.40% to RMB 776,112,668.11 from RMB 736,320,280.38 at the end of the previous year[22]. - Total assets decreased from CNY 1,091,665,481.16 to CNY 1,041,299,716.90, a decline of approximately 4.6%[128]. - Current liabilities decreased from CNY 347,362,533.30 to CNY 257,535,797.73, a reduction of about 25.8%[129]. - Total liabilities decreased from CNY 355,345,200.78 to CNY 265,187,048.79, representing a decrease of approximately 25.4%[130]. - Owner's equity increased from CNY 736,320,280.38 to CNY 776,112,668.11, an increase of about 5.4%[130]. Cash Flow - The company’s cash flow from operating activities improved significantly, with a net cash flow of RMB -56,628,200.52, a 51.69% improvement from RMB -117,229,187.34 in the same period last year[22]. - The net cash flow from operating activities improved by 51.69%, resulting in a net cash flow of RMB -56,628,200.52, attributed to increased sales and collections[52]. - Total cash inflow from operating activities was 271,558,580.29 yuan, compared to 203,958,002.97 yuan in the first half of 2018, representing a year-over-year increase of approximately 33.2%[147]. - The total cash and cash equivalents decreased by 53,182,672.97 yuan in the first half of 2019, compared to a decrease of 241,155,929.03 yuan in the same period of 2018, showing a significant reduction in cash depletion[148]. Research and Development - The company’s investment in research and development for innovative businesses such as smart public security and digital identity has been intensified during the reporting period[35]. - Research and development expenses amounted to 41.99 million CNY, a year-on-year increase of 52.59%[44]. - The company has committed to enhancing R&D efforts to maintain technological leadership and develop high-value-added new products[72]. Market Expansion - The company has expanded its overseas sales, with amounts reaching RMB 6,920.52 million in the first half of 2019, accounting for 21.99% of total revenue[7]. - The company plans to enhance its market presence in Africa, Asia, and Europe, despite potential risks associated with local political and economic conditions[8]. - The company secured new overseas projects, including the Hong Kong digital identity card self-registration and verification project, contributing to its international expansion strategy[49]. - The company is actively expanding its digital identity business, focusing on online and offline identity management integration[46]. Shareholder Information - The company does not plan to distribute cash dividends or issue bonus shares for this reporting period[10]. - The company held its annual general meeting with a participation rate of 59.00% on June 25, 2019[77]. - The company has implemented an employee stock incentive plan, granting 745,000 restricted shares, accounting for 1.40% of the total share capital, at a price of 49.48 yuan per share[86]. - The company completed the second phase of the restricted stock unlock, allowing 676,000 shares to be listed for trading on June 6, 2019[89]. Compliance and Governance - The financial report for the first half of 2019 was not audited[125]. - The company did not experience any penalties or rectification situations during the reporting period[84]. - The company has not engaged in any major acquisitions or market expansions during the reporting period[104]. - The company’s board of directors and senior management did not experience any changes during the reporting period[121]. Accounting Policies - The financial statements are prepared based on the going concern assumption, with no significant doubts about the company's ability to continue operations in the next 12 months[169]. - The company adheres to the accounting standards for enterprises, ensuring that the financial statements reflect the true financial condition and operating results[171]. - The company has implemented specific accounting policies for bad debt provisions, fixed asset depreciation, and revenue recognition[170].
雄帝科技(300546) - 2018 Q4 - 年度财报
2019-04-21 16:00
Financial Performance - The company's operating revenue for 2018 was ¥600,457,660.07, representing a 57.97% increase compared to ¥380,106,492.25 in 2017[21]. - The net profit attributable to shareholders for 2018 was ¥107,841,702.67, a 35.63% increase from ¥79,511,464.49 in 2017[21]. - The net profit after deducting non-recurring gains and losses was ¥101,743,573.92, up 50.54% from ¥67,586,773.25 in 2017[21]. - The company's total assets at the end of 2018 were ¥1,091,665,481.16, a 15.79% increase from ¥942,788,848.18 at the end of 2017[21]. - The basic earnings per share for 2018 was ¥0.81, reflecting a 37.29% increase from ¥0.59 in 2017[21]. - The company reported a significant decline in net cash flow from operating activities, which was ¥9,590,951.90, down 81.84% from ¥52,814,138.97 in 2017[21]. - The company achieved total revenue of ¥600,457,660.07, a year-on-year increase of 57.97%[34]. - Net profit attributable to shareholders was ¥107,841,702.67, reflecting a growth of 35.63% compared to the previous year[34]. - The total operating revenue for 2018 was ¥615.73 million, with a year-on-year increase of 55.94%[60]. Research and Development - The company has achieved several R&D milestones and maintains a leading position in the industry, but faces risks if it fails to keep pace with technological advancements[9]. - The company increased R&D investment to ¥66,574,200, a year-on-year growth of 38.44%[46]. - Research and development expenses amounted to ¥66.57 million, representing a 38.44% increase compared to the previous year, and accounting for 11.09% of total revenue[67]. - The company is focused on identity recognition and intelligent application business, providing integrated solutions for identity management across various sectors[30]. - The company is actively developing digital identity solutions, transitioning from traditional paper documents to electronic and digital certificates[32]. - The company aims to enhance its identity recognition and management innovation, promoting new generation security document technologies to solidify its leadership in the security document field[92]. - The company will continue to increase R&D investment, focusing on digital identity, machine vision, and big data analysis to support rapid business development[94]. International Expansion - The company has expanded its product exports to countries including Nigeria, Russia, Malaysia, India, and others, with plans to strengthen its presence in Africa, Asia, and Europe[8]. - The company has faced challenges in managing overseas operations, which could hinder its international expansion efforts[8]. - The company successfully won overseas projects, including electronic passport and ID projects in Belarus and Nigeria, expanding its international market presence[36]. - The company aims to enhance its international market competitiveness by responding to national strategies like the Belt and Road Initiative[31]. - The company is expanding its overseas business, focusing on security documents, elections, smart banking, and intelligent transportation, with projects in Belarus and Hong Kong[93]. Market and Competition - The overall gross profit margin remains high, but there is a risk of decline due to increased competition in the public safety and transportation sectors[7]. - The company acknowledges the risk of declining market share if it cannot maintain its technological edge and improve marketing and localization services[7]. - The gross margin of the smart transportation business decreased due to changes in the public transport payment market and increased competition[35]. - The company has identified a growing market for identity recognition and management applications, driven by the rapid development of digital economy and technology[87]. - The company recognizes the importance of smart transportation systems and plans to leverage information technology for urban public transport development[88]. Corporate Governance and Compliance - The company emphasizes the importance of improving internal controls for information disclosure to enhance transparency and quality[4]. - The company has committed to continuous improvement in its information disclosure processes following recent issues[5]. - The board of directors confirmed that the educational qualifications of a key executive were initially accurate, but a disclosure correction was made due to regulatory misunderstandings[4]. - The company is focused on improving its corporate governance and internal control systems to enhance operational efficiency and investor confidence[52]. - The company adheres to corporate governance standards, ensuring compliance with relevant laws and regulations[183]. Shareholder Returns and Dividends - The company plans to distribute a cash dividend of RMB 1.50 per 10 shares (including tax) based on a total of 135,136,500 shares[10]. - The cash dividend represents 100% of the total distributable profit for the year, aligning with the company's profit distribution policy[100]. - The company has a history of consistent cash dividends, with the previous two years also seeing distributions of RMB 1.50 per share[102]. - In 2018, the cash dividend amount was CNY 20,270,475, representing 18.80% of the net profit attributable to ordinary shareholders[103]. - The company committed to maintaining a dividend payout ratio of 30% of net profits, ensuring shareholder returns[107]. Employee and Management Structure - The company has a total of 938 employees, with 921 in the parent company and 17 in major subsidiaries[175]. - The professional composition includes 340 production personnel, 210 sales personnel, and 290 technical personnel[176]. - The company has implemented a performance and compensation management system to enhance market competitiveness and retain talent[177]. - The total remuneration for directors and senior management during the reporting period amounted to CNY 819.73 million[172]. - The company has established a qualification system for talent development, improving the recruitment, training, and compensation linkage[179]. Strategic Partnerships and Collaborations - The company established strategic partnerships with Tencent and Alipay in smart transportation and digital identity sectors[35]. - The company signed a digital identity cooperation agreement with Tencent to explore the integration of physical and digital identities, enhancing its service offerings[48]. - A new strategic partnership was announced, expected to enhance distribution channels and increase sales by 20%[108]. Risk Management - The company faces risks of declining gross margins due to intensified competition in the public safety and transportation sectors[89]. - The company recognizes the need for continuous innovation in technology and product development to maintain its competitive edge[91]. - The company will enhance market research to align product development with customer needs and ensure the feasibility of new product initiatives[91].
雄帝科技(300546) - 2019 Q1 - 季度财报
2019-04-21 16:00
Financial Performance - Total revenue for Q1 2019 reached ¥137,471,658.02, representing a 62.99% increase compared to ¥84,341,925.11 in the same period last year[8] - Net profit attributable to shareholders was ¥9,744,647.50, a significant turnaround from a loss of ¥3,587,724.32 in the previous year, marking a 371.61% increase[8] - The net profit after deducting non-recurring gains and losses was ¥8,187,371.62, compared to a loss of ¥3,667,967.34 last year, reflecting a 323.21% improvement[8] - Basic earnings per share increased to ¥0.07 from a loss of ¥0.03, representing a 333.33% growth[8] - The weighted average return on equity rose to 1.31%, up from 0.59%, an increase of 0.72 percentage points[8] - The company achieved operating revenue of 137.47 million yuan, a year-on-year increase of 62.99% driven by sales growth[17] - Net profit attributable to shareholders reached 9.74 million yuan, up 371.61% compared to the same period last year[17] - The company reported a comprehensive income total of ¥9,742,575.42, compared to a comprehensive loss of ¥3,659,499.80 in the previous period[45] - The total profit for the current period was ¥11,954,260.77, compared to a loss of ¥3,557,943.26 in the previous period, demonstrating a significant improvement[44] Assets and Liabilities - Total assets decreased by 7.18% to ¥1,013,264,356.63 from ¥1,091,665,481.16 at the end of the previous year[8] - Net assets attributable to shareholders increased by 1.34% to ¥746,207,930.80 from ¥736,320,280.38 at the end of the previous year[8] - Total liabilities decreased from CNY 355,345,200.78 to CNY 267,056,425.83, a reduction of approximately 25.0%[35] - Current liabilities decreased from CNY 347,362,533.30 to CNY 259,239,466.56, a reduction of about 25.3%[35] - Non-current assets increased from CNY 112,996,762.04 to CNY 123,573,678.35, an increase of approximately 9.3%[34] - Owner's equity increased from CNY 736,320,280.38 to CNY 746,207,930.80, an increase of about 1.2%[36] Cash Flow - The company reported a net cash flow from operating activities of -¥71,544,442.97, an improvement of 13.91% compared to -¥83,104,001.22 in the previous year[8] - Cash flow from operating activities was ¥125,289,601.15, an increase from ¥92,389,842.15 in the previous period, showing a growth of about 35.7%[51] - Operating cash inflow totaled CNY 132,272,143.22, an increase from CNY 98,115,166.42 in the previous year[52] - Operating cash outflow amounted to CNY 203,816,586.19, compared to CNY 181,219,167.64 in the same period last year[52] - The company reported a net decrease in cash and cash equivalents of -CNY 56,877,200.63 for the quarter[53] - Cash and cash equivalents as of March 31, 2019, are CNY 362,357,841.15, down from CNY 419,348,404.25 as of December 31, 2018[33] Research and Development - Research and development expenses increased by 52.56% to 18.38 million yuan, reflecting the company's commitment to enhancing R&D investment[16] - The company plans to increase R&D efforts to maintain technological leadership and address the risk of declining gross margins[20] - Research and development expenses increased to ¥18,378,129.87 from ¥12,046,858.03, reflecting a growth of approximately 52.5%[42] Shareholder Information - The top shareholder, Gao Jing, holds 39.27% of the shares, amounting to 53,063,400 shares, with 21,000,000 shares pledged[11] - The total number of ordinary shareholders at the end of the reporting period was 9,652[11] Customer and Supplier Concentration - The top five suppliers accounted for 56.40% of total purchases, indicating a stable supply chain management[18] - The top five customers contributed 53.63% of total sales, showing a concentration in customer base[19] International Business - Overseas sales amounted to 4.50 million yuan in Q1 2019, representing 32.74% of main business revenue, indicating a growing international presence[21] - The company aims to enhance its overseas business by establishing marketing centers and offices to stabilize growth[21] Investment and Fund Usage - The total amount of raised funds is CNY 23,577.64 million, with CNY 1,883.41 million invested in the current quarter[25] - Cumulative investment of raised funds amounts to CNY 18,979.62 million, with a 0.00% change in usage[25] - The company has not reported any issues or other situations regarding the use and disclosure of raised funds[27] Compliance and Commitments - The company has no overdue commitments from controlling shareholders or related parties during the reporting period[28] - There are no significant changes in the feasibility of investment projects during the reporting period[28] - The company has not engaged in any illegal external guarantees during the reporting period[29] - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[29]
雄帝科技(300546) - 2018 Q3 - 季度财报
2018-10-26 16:00
Financial Performance - Operating revenue for the period reached CNY 125,038,536.92, representing a 42.88% increase year-on-year[8] - Net profit attributable to shareholders increased by 51.65% to CNY 24,460,011.58 for the period[8] - The net profit after deducting non-recurring gains and losses rose by 66.20% to CNY 20,777,041.35[8] - Basic earnings per share increased by 50.00% to CNY 0.18[8] - Operating revenue for the first nine months of 2018 reached ¥357,372,765.89, a 57.84% increase compared to the same period in 2017[17] - Net profit for Q3 2018 was ¥24,460,011.58, representing a growth of 51.5% from ¥16,129,115.69 in Q3 2017[34] - The total profit for the year-to-date period was ¥69,714,673.65, up from ¥48,935,805.85 in the previous year, indicating a growth of about 42.4%[42] - Net profit for the current period was ¥60.65 million, representing a 48.9% increase from ¥40.78 million in the previous period[46] Assets and Liabilities - Total assets increased by 35.68% to CNY 1,279,189,616.90 compared to the end of the previous year[8] - Total assets at the end of Q3 2018 amounted to ¥1,257,083,864.47, up from ¥919,685,718.15 at the beginning of the year, reflecting a growth of 36.8%[30] - The company's total liabilities increased to ¥570,475,546.91, compared to ¥286,279,628.86 at the start of the year, marking a rise of 99.5%[31] - Cash and cash equivalents rose to ¥513,685,071.88, up from ¥469,777,494.84, indicating a growth of 9.3%[28] - The cash and cash equivalents at the end of the period reached ¥505,919,671.88, an increase from the beginning balance of ¥469,652,494.84[53] Cash Flow - The company reported a net cash flow from operating activities of -CNY 120,806,952.09, a decrease of 103.09%[8] - Cash flow from operating activities showed a negative change of 103.09%, amounting to -¥120,806,952.09, mainly due to increased procurement payments[17] - The company reported a financial income of ¥5,678,303.04 for the third quarter, compared to ¥1,925,159.93 in the previous year, representing a significant increase of approximately 195.5%[37] - The net cash flow from financing activities amounted to ¥259,952,270, with cash inflows totaling ¥280,222,000 and outflows of ¥20,269,730 and ¥26,670,000 for dividends and interest payments respectively[53] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,686[12] - The largest shareholder, Gao Jing, holds 39.25% of the shares, with 53,063,400 shares pledged[12] Research and Development - R&D expenses grew by 41.10% to ¥40,860,222.83 as the company increased its investment in research and development[17] - Research and development expenses for Q3 2018 were ¥13,342,089.47, which is a 35.1% increase from ¥9,852,561.52 in Q3 2017[33] - Research and development expenses increased to ¥40.86 million, up 41.1% from ¥28.96 million in the previous period, indicating a focus on innovation[45] Inventory and Receivables - Accounts receivable increased by 31.53% to ¥229,246,829.56 due to business growth and expanded sales scale[16] - Prepayments surged by 251.59% to ¥20,872,206.50, primarily due to increased procurement payments as a result of business growth[16] - Inventory rose by 58.22% to ¥255,258,414.35, driven by increased stocking to meet demand[16] - Accounts receivable increased to ¥229,291,365.06, compared to ¥174,845,715.93 at the beginning of the year, showing a growth of 31.1%[28] - Inventory levels rose to ¥256,065,745.10, up from ¥160,486,059.54, reflecting an increase of 59.5%[28] Future Outlook - The company plans to continue its market expansion and product development strategies to sustain growth in the upcoming quarters[38] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[46] - The financial guidance for the next quarter indicates a focus on improving operational efficiency and profitability[46] Other Financial Metrics - The company reported a gross profit margin of approximately 48.5% for Q3 2018, compared to 52.5% in the same period last year[34] - The company's total operating costs for the year-to-date period were ¥309,453,740.90, compared to ¥190,589,605.00 in the previous year, reflecting an increase of approximately 62.2%[40] - The company has experienced a decrease in financial expenses, reporting a net financial income of -¥4,668,888.89 for the third quarter, compared to a financial expense of ¥1,289,913.15 in the previous year[37] Contracts and Partnerships - The company signed a significant contract with CRYPTOTECH, a state-owned enterprise in Belarus, which is currently being executed normally[18]
雄帝科技(300546) - 2018 Q2 - 季度财报
2018-08-19 16:00
Financial Performance - Total operating revenue for the first half of 2018 was RMB 232,334,228.97, representing a 67.26% increase compared to RMB 138,907,092.35 in the same period last year[22]. - Net profit attributable to shareholders was RMB 34,345,784.84, up 37.95% from RMB 24,897,121.29 year-on-year[22]. - Net profit after deducting non-recurring gains and losses reached RMB 32,724,499.08, an increase of 48.28% compared to RMB 22,068,974.00 in the previous year[22]. - Basic earnings per share increased to RMB 0.25, a rise of 31.58% from RMB 0.19 in the same period last year[22]. - Operating profit was 40.15 million, reflecting a year-on-year growth of 49.27%[33]. - The company achieved total operating revenue of 232.33 million, a year-on-year increase of 67.26%[33]. - The company signed new contracts with a year-on-year growth exceeding 120% during the reporting period[33]. - The company reported a total comprehensive income of ¥35,955,739.32 for the current period, compared to ¥24,928,075.39 in the previous period[145]. Assets and Liabilities - The company's total assets at the end of the reporting period were RMB 924,075,249.09, a decrease of 1.98% from RMB 942,788,848.18 at the end of the previous year[22]. - Total liabilities decreased from CNY 306,962,301.39 to CNY 262,023,262.19, a reduction of about 14.7%[132]. - The company's total current assets decreased from CNY 883,313,751.83 at the beginning of the period to CNY 825,908,836.30 at the end of the period, a decline of approximately 6.5%[130]. - Cash and cash equivalents decreased by 45.08% compared to the end of the previous year, mainly due to high collections at the end of the previous year and investments in financial products[35]. - The total equity attributable to the parent company at the end of the period was 662,051,986.90 CNY, reflecting a decrease from the previous period's 635,826,546.79 CNY[155]. Cash Flow - The company reported a negative net cash flow from operating activities of RMB -117,229,187.34, worsening by 66.23% compared to RMB -70,523,951.44 in the same period last year[22]. - The net cash flow from operating activities was -116,471,547.50 CNY, compared to -68,627,651.95 CNY in the previous period, indicating a decline of approximately 69.7%[152]. - The company reported a significant increase in investment income, which rose to CNY 1,241,825.13 from CNY 650,616.21, marking an increase of about 90.5%[140]. - The company incurred total operating expenses of ¥197,434,976.54, compared to ¥111,066,264.96 in the previous period, indicating a rise of approximately 77%[144]. Market Expansion and Strategy - The company plans to strengthen its overseas market expansion, having achieved sales in countries such as Nigeria, Russia, Malaysia, and India[7]. - The company is actively expanding its overseas market presence, with projects in Hong Kong and Belarus, among others[46]. - The company plans to increase investment in overseas business in R&D, supply chain, and marketing to stabilize growth and address past fluctuations in overseas revenue[76]. - The company is focusing on digital identity recognition and management, enhancing its technological innovation capabilities[37]. Research and Development - The company increased its investment in new technologies and products, leading to a significant rise in employee compensation and R&D expenses[34]. - Research and development expenses increased by 44.03% to 27.52 million yuan, reflecting the company's commitment to innovation[44]. - The company invested in the development of various data platforms and smart public transport systems to enhance its service offerings[44]. Risks and Challenges - The company faces risks related to declining gross profit margins due to increased competition in the market[6]. - The gross margin for identity recognition and management services was 55.80%, while the gross margin for smart transportation services was 31.13%, showing a decline in both segments[52]. Shareholder Information - The total number of shareholders at the end of the reporting period was 13,563[114]. - The largest shareholder, Gao Jing, held 53,063,400 shares, representing 39.25% of the total shares, with 12,000,000 shares pledged[115]. - The company has implemented a stock incentive plan, granting 745,000 restricted shares at a price of 49.48 RMB per share[88]. Financial Reporting and Compliance - The financial report for the first half of 2018 was not audited[128]. - The financial statements are prepared in accordance with the enterprise accounting standards, ensuring transparency and accuracy in financial reporting[176]. - The company has not faced any major litigation or arbitration matters during the reporting period[85].
雄帝科技(300546) - 2018 Q1 - 季度财报
2018-04-24 16:00
Financial Performance - Total revenue for Q1 2018 was ¥84,341,925.11, representing a 78.16% increase compared to ¥47,341,648.86 in the same period last year[7] - Net profit attributable to shareholders was -¥3,587,724.32, a decrease of 165.70% from ¥5,460,727.26 in the previous year[7] - The company achieved operating revenue of RMB 84.34 million in Q1 2018, a year-on-year increase of 78.16% due to increased orders and expanded business scale[22] - The net profit attributable to shareholders was a loss of RMB 3.59 million, representing a decline of 165.70% compared to the same period last year[22] - The company's operating revenue for Q1 2018 was CNY 83,339,754.89, an increase from CNY 46,141,695.27 in the same period last year, representing a growth of approximately 80.6%[50] - The net profit for Q1 2018 was a loss of CNY 3,587,724.32, compared to a profit of CNY 5,460,727.26 in Q1 2017, indicating a significant decline in profitability[48] - The operating profit for Q1 2018 was a loss of CNY 3,557,943.26, contrasting with an operating profit of CNY 4,169,991.36 in the previous year[47] - The company's total profit for Q1 2018 was a loss of CNY 3,557,943.26, compared to a total profit of CNY 6,365,667.77 in Q1 2017[47] Cash Flow and Investments - The net cash flow from operating activities was -¥83,104,001.22, worsening by 85.54% compared to -¥44,789,290.97 in the same period last year[7] - Cash and cash equivalents decreased by 51.44% to RMB 251.52 million, primarily due to investments in bank wealth management products[20] - The company's operating cash flow net amount was -RMB 83.10 million, an increase of 85.54% year-on-year, driven by increased sales scale and higher material costs[20] - The company’s investment activities resulted in a cash outflow of RMB 179.37 million, primarily due to the purchase of financial products and construction of the company building[20] - The net cash flow from operating activities was negative at CNY -83,104,001.22, worsening from CNY -44,789,290.97 year-over-year[54] - Investment cash outflow reached CNY 179,367,049.24, up from CNY 125,109,429.52, indicating a rise of approximately 43.3%[55] - The net cash flow from investment activities was negative at CNY -179,367,049.24, compared to CNY -125,094,429.52 in the previous year[55] - The net decrease in cash and cash equivalents was CNY -266,481,447.46, compared to CNY -170,255,167.77 in the previous year[55] Assets and Liabilities - The total assets at the end of the reporting period were ¥889,544,011.50, down 5.65% from ¥942,788,848.18 at the end of the previous year[7] - Total current assets decreased to ¥802,247,675.53 from ¥883,313,751.83, reflecting a decline of approximately 9.15%[38] - Total liabilities decreased to ¥256,674,239.51 from ¥306,962,301.39, a reduction of approximately 16.4%[40] - Non-current assets increased to ¥87,296,335.97 from ¥59,475,096.35, showing an increase of about 46.9%[39] - The company reported a total equity of ¥632,869,771.99, slightly down from ¥635,826,546.79, a decrease of about 0.5%[41] R&D and Market Expansion - The company plans to increase investment in R&D, supply chain, and marketing for overseas business expansion[11] - The company aims to maintain its technological leadership by enhancing R&D efforts and optimizing product development processes[11] - The company’s R&D and market expansion expenses increased significantly, impacting net profit margins[22] - The company plans to continue focusing on technology-driven growth and expanding into new markets while maintaining strong R&D investment[22] Customer Concentration - The company’s top five customers accounted for 76.36% of total operating revenue, indicating a concentration in customer base[22] Fundraising and Financial Management - The company plans to establish an industrial investment fund with a total scale not exceeding RMB 200 million, with contributions from related parties including RMB 50 million from Qingdao Weier Asset Management and RMB 45 million from the company itself[26] - As of March 19, 2018, the fund has completed the private fund filing procedures in accordance with relevant laws and regulations[26] - The total amount of raised funds is RMB 235.7764 million, with RMB 29.8198 million invested in the current quarter[30] - Cumulative investment of raised funds reached RMB 146.3107 million, representing 48.57% of the total planned investment[31] - The company has not changed the use of raised funds, with no changes in the total amount of raised funds[30] - The company has fully utilized RMB 80 million for working capital, achieving 100% of the planned investment[31] Compliance and Governance - The company has not experienced any overdue commitments from controlling shareholders or related parties during the reporting period[28] - There are no violations of external guarantees during the reporting period[33] - The company has not reported any non-operating occupation of funds by controlling shareholders or related parties[34] - The company has not encountered any significant changes in project feasibility during the reporting period[31] Other Financial Metrics - The weighted average return on equity decreased to 0.59% from 0.94% in the previous year[7] - The number of ordinary shareholders at the end of the reporting period was 13,314[12] - The company signed contracts totaling RMB 43.67 million for the nationwide transportation card upgrade project, indicating strong business growth[22] - The company's sales expenses increased to CNY 12,155,554.25 in Q1 2018 from CNY 9,002,935.28 in Q1 2017, reflecting a rise of approximately 35.5%[47] - The management expenses for Q1 2018 were CNY 18,057,761.78, up from CNY 14,190,582.65 in the previous year, marking an increase of about 27.5%[47] - The financial expenses for Q1 2018 were CNY 4,771,137.14, compared to a negative expense of CNY -106,448.39 in Q1 2017, indicating a significant increase in financial costs[47] Audit Status - The report for the first quarter was not audited, indicating that the figures may be subject to change upon final review[60]
雄帝科技(300546) - 2017 Q4 - 年度财报
2018-04-15 16:00
Financial Performance - The company's operating revenue for 2017 was CNY 380,106,492.25, representing a year-on-year increase of 29.77% compared to CNY 292,903,469.05 in 2016[20]. - The net profit attributable to shareholders for 2017 was CNY 79,511,464.49, reflecting a growth of 31.62% from CNY 60,411,264.37 in 2016[20]. - The net profit after deducting non-recurring gains and losses was CNY 67,586,773.25, an increase of 18.62% compared to CNY 56,978,648.50 in 2016[20]. - The total assets at the end of 2017 amounted to CNY 942,788,848.18, marking a 31.38% increase from CNY 717,610,862.29 at the end of 2016[20]. - The net assets attributable to shareholders at the end of 2017 were CNY 635,826,546.79, which is a 10.14% increase from CNY 577,310,457.93 at the end of 2016[20]. - The company reported a net cash flow from operating activities of CNY 52,814,138.97, up 17.63% from CNY 44,896,685.00 in 2016[20]. - The company achieved total revenue of CNY 380,106,492.25, representing a year-on-year growth of 29.77%[34]. - Net profit attributable to shareholders reached CNY 79,511,464.49, an increase of 31.62% compared to the previous year[34]. - The company’s total share capital increased from 53,340,000 shares in 2016 to 135,205,000 shares in 2017, reflecting growth in equity[106]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of RMB 1.50 per 10 shares, based on a total of 135,205,000 shares[8]. - The company plans to distribute cash dividends of RMB 20,280,750, which is 100% of the total profit distribution for the year[104]. - The cash dividend paid in 2017 amounted to RMB 20,280,750, representing 25.51% of the net profit attributable to shareholders[107]. - In 2016, the company distributed a cash dividend of RMB 26,670,000, which was 44.15% of the net profit attributable to shareholders[107]. - The company did not distribute any cash dividends in 2015, despite having a positive profit available for distribution[107]. Research and Development - The company has achieved several R&D milestones and maintains a leading position in the industry, but faces risks if it fails to keep up with technological trends[8]. - The company expanded its R&D investment and increased the scale of its Changsha R&D center, focusing on advanced technologies like AI and IoT to enhance market competitiveness[34]. - In 2017, the company's R&D investment reached CNY 48.09 million, a 50.59% increase from the previous year, accounting for 12.65% of total revenue[72]. - Research and development investments were emphasized, focusing on data security and multi-dimensional identity recognition technologies[71]. - The company aims to enhance its identity recognition and management business by integrating AI, big data, and IoT technologies to drive innovation and explore new growth points[97]. - The company will continue to increase R&D investment, particularly in digital identity, biometrics, and RFID technologies, to support future growth[99]. Market Expansion and Sales - The company's overseas sales amounted to RMB 78.56 million in 2017, accounting for 20.67% of total revenue, compared to 11.88% in 2016 and 37.72% in 2015[6]. - The company has expanded its product exports to countries including Nigeria, Russia, Malaysia, and India, with plans to strengthen its presence in Africa, Asia, and Europe[6]. - The company has identified risks related to overseas business expansion, including local political and economic conditions[7]. - The company is actively exploring partnerships with over 60 international firms to bolster its overseas project reserves[49]. - Domestic revenue was ¥301,545,688.94, representing 79.33% of total revenue, while international revenue surged by 125.75% to ¥78,560,803.31[56]. Governance and Management - The company’s management has confirmed the accuracy and completeness of the financial report, ensuring accountability for any misstatements[3]. - All board members attended the meeting to review the annual report, indicating strong governance practices[4]. - The company has established a performance evaluation system and provided training to enhance employee skills, implementing a restricted stock incentive plan in 2017[142]. - The company has a structured compensation decision-making process based on profitability and industry averages[177]. - The board of directors consists of 9 members, including 3 independent directors, and has held 10 meetings during the reporting period[189]. Risk Management - The overall gross profit margin remains high, but there is a risk of decline due to increased competition in the market[5]. - The company emphasizes the importance of maintaining technological leadership to avoid losing market share and facing product development risks[8]. - The company faces risks related to declining gross margins due to increased competition in the public safety and transportation sectors, and plans to enhance R&D efforts to maintain a technological edge[95]. - The company has committed to stabilizing its stock price through measures such as share buybacks and share purchases by major shareholders and executives if certain conditions are met[108]. Employee and Corporate Culture - The company has implemented various employee welfare measures, including birthday gifts and holiday care, to promote employee well-being[142]. - The company has established a comprehensive welfare system, including social insurance and housing funds, reflecting its corporate values and culture[183]. - The company has introduced a qualification system for R&D personnel and established a learning map to provide clear career development paths[184]. Compliance and Transparency - The company has committed to maintaining transparency and adherence to regulatory requirements regarding share management[109]. - The company has a long-term commitment to compensate investors for losses incurred due to false statements in the IPO prospectus, unless proven otherwise[112]. - The company has ensured that all commitments made to minority shareholders have been fulfilled on time[114]. - The company has not encountered any penalties or rectification issues during the reporting period[121].