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吉大通信(300597) - 2022 Q1 - 季度财报
2022-04-28 16:00
Financial Performance - The company's revenue for Q1 2022 was ¥92,727,674.77, representing a 1.29% increase compared to ¥91,548,882.01 in the same period last year[3]. - Net profit attributable to shareholders was ¥4,527,326.49, up 1.16% from ¥4,475,631.24 year-on-year[3]. - The net profit for the first quarter of 2022 was CNY 4,166,627.34, a decrease from CNY 4,347,445.32 in the previous period, representing a decline of approximately 4.14%[22]. - The total profit for the period was CNY 5,047,610.00, down from CNY 5,346,171.96, indicating a decrease of about 5.59%[22]. - The operating profit was CNY 5,154,689.99, slightly lower than CNY 5,218,511.86 from the last period, reflecting a decrease of approximately 1.23%[22]. - The total comprehensive income for the period was CNY 3,910,418.25, compared to CNY 4,271,770.06 in the last period, a decrease of about 8.47%[23]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 57.92% to -¥60,644,424.20, compared to -¥38,402,882.30 in the previous year[3]. - The cash flow from operating activities showed a net outflow of CNY 60,644,424.20, worsening from a net outflow of CNY 38,402,882.30 in the previous period[27]. - The company's cash and cash equivalents decreased to CNY 195,239,840.79 from CNY 310,464,181.92 at the beginning of the year, representing a decline of approximately 37%[16]. - The cash and cash equivalents at the end of the period were CNY 195,239,840.79, down from CNY 257,657,319.60, a decline of approximately 24.16%[28]. - The cash inflow from investment activities was CNY 148,205,143.08, compared to CNY 95,296,137.67 in the last period, indicating an increase of approximately 55.54%[27]. - The cash outflow from investment activities was CNY 206,839,586.14, up from CNY 142,631,751.98, representing an increase of about 45.00%[27]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,051,773,844.31, a decrease of 3.97% from ¥1,095,269,488.97 at the end of the previous year[3]. - Total assets decreased to CNY 1,051,773,844.31 from CNY 1,095,269,488.97, a decline of approximately 4%[19]. - Total liabilities decreased to CNY 187,187,060.66 from CNY 239,093,123.57, representing a reduction of about 22%[18]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 31,113[12]. Expenses and Investments - Development expenditures increased by 51.45% to ¥601,000.00, attributed to higher capitalized R&D investments[7]. - Financial expenses rose by 88.68% to ¥134,170.00, primarily due to decreased interest income[8]. - Other income increased by 256.36% to ¥12,580.00, driven by higher VAT input tax deductions[8]. - Research and development expenses for the quarter were CNY 2,274,624.83, up from CNY 2,006,024.74 in the previous period, indicating an increase of approximately 13%[20]. - The company reported a significant increase in employee compensation payments, totaling CNY 61,437,065.93, compared to CNY 38,620,979.72 in the previous period, an increase of about 59.00%[27]. - The company experienced a significant increase in financial assets, with trading financial assets rising by 117,777.78% to ¥53,000,000.00 due to idle funds being invested in financial products[6]. Inventory and Receivables - Accounts receivable slightly decreased to CNY 373,617,142.12 from CNY 374,805,131.58, indicating a marginal reduction[16]. - Inventory increased to CNY 236,224,918.41 from CNY 221,262,869.21, reflecting a growth of about 6%[17]. Foreign Exchange and Other Impacts - The company recorded a foreign exchange loss of CNY 256,209.09, compared to a loss of CNY 75,675.26 in the previous period, indicating a worsening in foreign exchange impacts[23]. - The company's net profit for the period was not explicitly stated, but the retained earnings increased to CNY 367,555,305.27 from CNY 363,027,978.78, showing a slight growth[19]. - The company reported a decrease in employee compensation liabilities to CNY 19,433,971.21 from CNY 32,091,076.53, a decline of about 39%[18].
吉大通信(300597) - 2021 Q4 - 年度财报
2022-03-30 16:00
Financial Performance - The company's operating revenue for 2021 was ¥514,172,702.07, an increase of 4.34% compared to ¥492,784,445.89 in 2020[19]. - The net profit attributable to shareholders for 2021 was ¥33,819,161.09, representing an increase of 11.42% from ¥30,352,706.99 in 2020[19]. - The basic earnings per share for 2021 was ¥0.14, up 7.69% from ¥0.13 in 2020[19]. - The gross margin for the telecommunications and information technology sector was 22.29%, reflecting a 1.51% increase compared to the previous year[70]. - The company achieved a total revenue of CNY 514.17 million in 2021, representing a year-on-year increase of 4.34% from CNY 492.78 million in 2020[63]. - The net profit attributable to shareholders was CNY 33.82 million, up 11.42% from CNY 30.35 million in the previous year[63]. - The company reported a total revenue of 1.2 billion yuan for the fiscal year 2021, representing a year-over-year growth of 15%[164]. - The gross profit margin improved to 35% in 2021, up from 30% in the previous year[164]. Dividend Distribution - The company plans to distribute a cash dividend of 0.25 RMB per 10 shares to all shareholders, based on a total of 240,000,000 shares[4]. - The board of directors has approved the profit distribution plan, which includes no bonus shares and no capital increase from reserves[4]. - The cash dividend accounted for 100% of the total distributable profit of CNY 30.79 million during the reporting period[186]. - The board of directors approved a dividend payout of 0.5 yuan per share, reflecting a commitment to returning value to shareholders[167]. Research and Development - The company has developed 101 patents and 74 software copyrights, participating in the formulation of 9 national standards and 6 industry standards[38]. - The company's R&D investment in 2021 amounted to ¥20,568,477.53, representing 4.00% of operating revenue, an increase from 3.63% in 2020[88]. - The R&D expenditure for new products and technologies was approximately 150 million yuan, accounting for 12.5% of total revenue[164]. - The number of R&D personnel increased by 4.30% to 412 in 2021, while the proportion of R&D personnel to total employees decreased to 23.11%[88]. - The company is focusing on the research of 5G transmission network SPN equipment, aiming to enhance network security and improve investment efficiency[84]. Market Expansion and Strategy - The company is actively expanding its non-operator business while providing services to major telecom operators such as China Mobile, China Telecom, and China Unicom[38]. - The company is leveraging the "Belt and Road" initiative to explore overseas markets, contributing to its global development strategy[37]. - The company aims to expand its market presence in Southeast Asia, targeting a 5% market share by 2023[164]. - The company is committed to becoming a comprehensive service expert in communication and information digital technology, focusing on core business areas and promoting smart product development[129]. - The company is actively pursuing new business areas such as 5G technology and smart cities, while ensuring that R&D investments align with industry trends to mitigate investment loss risks[141]. Operational Challenges and Risks - The management discussion section outlines potential risks in the company's operations and corresponding countermeasures[4]. - The company faces market competition risks due to increasing demands from telecom operators for service quality and management, necessitating timely adjustments to meet customer needs[140]. - The company reported a high accounts receivable balance of 374.81 million yuan, accounting for 34.22% of total assets, which poses liquidity risks if not managed properly[142]. - The company is closely monitoring international market conditions to mitigate risks associated with overseas business expansion, including political and economic instability[143]. Corporate Governance - The company has established a relatively complete corporate governance structure and does not have any major issues requiring rectification[192]. - The company has maintained a high level of attendance at shareholder meetings, ensuring active participation in corporate governance[172]. - The company emphasized its commitment to compliance with regulations and effective governance practices throughout the reporting period[175]. - The company operates independently from its controlling shareholder and has the capability to conduct its production and business activities autonomously[149]. Employee and Management Structure - The total number of employees at the end of the reporting period was 1,783, with 1,138 being technical personnel, representing 63.8% of the total workforce[180]. - The company has a diverse management team with backgrounds in finance, engineering, and academia, enhancing its strategic capabilities[157]. - The company aims to cultivate young talent for future development, as indicated by the resignations of several senior executives[156]. - The total employee compensation during the reporting period was CNY 102.26 million, accounting for 25.63% of the company's total operating costs[181]. Technological Advancements - The company is focused on digital transformation and the integration of new technologies such as big data and IoT, which are expected to drive future growth[28]. - The company is exploring various transmission technologies to support the integration of data technology with communication technology in the DICT sector[83]. - The company is focusing on the integration of 5G technology with various industries, which is expected to drive significant growth in smart manufacturing and related sectors[85]. - The company has launched two new product lines, contributing an additional 100 million yuan in revenue[164]. Social Responsibility - The company reported a commitment to environmental protection, with no administrative penalties for environmental issues during the reporting period[195]. - The company donated 200,000 yuan to support pandemic prevention efforts in the reporting period[197]. - The company has focused on education poverty alleviation and will continue to pay attention to rural revitalization efforts[198].
吉大通信(300597) - 2021 Q3 - 季度财报
2021-10-26 16:00
Financial Performance - The company's operating revenue for Q3 2021 was ¥124,519,093.01, representing a year-on-year increase of 7.68%[3] - The net profit attributable to shareholders for the same period was ¥4,795,916.16, up 6.81% compared to the previous year[3] - Total operating revenue for the current period reached ¥318,654,245.94, compared to ¥254,339,171.32 in the previous period, representing a growth of approximately 25.3%[20] - Net profit for the current period was ¥18,553,353.73, up from ¥15,756,259.51, indicating an increase of approximately 17.1%[22] - Basic and diluted earnings per share improved to ¥0.08 from ¥0.07, marking a growth of 14.3%[22] - The company achieved a total comprehensive income of ¥18,553,353.73 for the current period, compared to ¥15,756,259.51 in the previous period, showing an increase of approximately 17.1%[22] Cash Flow and Assets - The cash flow from operating activities showed a net outflow of ¥65,766,299.70, a decrease of 103.47% year-on-year[3] - The company's current assets totaled RMB 929,253,202.24, down from RMB 979,854,503.86 at the end of 2020, indicating a decline of approximately 5.2%[16] - Cash and cash equivalents decreased to RMB 258,223,298.75 from RMB 343,471,491.47, representing a decline of about 25%[16] - The total liabilities decreased to RMB 197,940,853.01 from RMB 266,329,167.60, marking a reduction of about 25.7%[18] - The net cash flow from investment activities was -10,461,853.65 CNY, compared to -40,192,951.58 CNY in the previous period[25] - The net increase in cash and cash equivalents for the period was -78,043,736.51 CNY, compared to -77,554,815.52 CNY in the previous period[25] - The ending balance of cash and cash equivalents was 252,616,616.30 CNY, up from 235,899,770.27 CNY in the previous period[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 23,275, with no preferred shareholders[9] - The largest shareholder, Jilin Jida Holdings Co., Ltd., holds 20.00% of the shares, totaling 48,000,000 shares[10] - The company reported a total of 17,251,860 restricted shares at the end of the reporting period, down from 18,981,160 at the beginning of the period, indicating a reduction of about 9.1%[13] Research and Development - Research and development expenses increased by 68.23% to ¥12,775,914.37, reflecting a significant rise in investment in R&D[7] - Research and development expenses rose significantly to ¥12,775,914.37 from ¥7,594,246.71, an increase of about 68.5%[21] - The company signed a strategic cooperation agreement with the Bionic Research Institute of Jilin University on August 12, 2021, to enhance its research capabilities[15] Operational Adjustments - The company announced a business adjustment for its wholly-owned subsidiary Jihong Investment on September 13, 2021, to optimize its operational structure[15] Inventory and Costs - The company reported a significant increase in inventory, which rose to RMB 223,763,784.78 from RMB 185,745,044.61, reflecting an increase of approximately 20.5%[16] - Total operating costs increased to ¥292,869,083.95 from ¥235,025,093.32, reflecting a rise of about 24.6%[21] Investment Income - The company reported an investment income of ¥683,462.11, which is an increase of 142.27% due to higher returns from financial products[8] - Investment income for the current period was ¥683,462.11, compared to ¥282,110.08 in the previous period, reflecting a growth of approximately 142.5%[21] Other Financial Metrics - The weighted average return on net assets was 0.56%, an increase of 0.02% compared to the previous year[3] - The company did not require adjustments to the beginning balance sheet items under the new leasing standards, indicating no significant impact[26] - The third quarter report was not audited, which may affect the reliability of the financial data presented[27]
吉大通信(300597) - 2021 Q2 - 季度财报
2021-08-26 16:00
Financial Performance - The company achieved operating revenue of CNY 194,135,152.94, an increase of 39.96% compared to the same period last year [23]. - The net profit attributable to shareholders was CNY 14,116,328.23, reflecting a growth of 21.51% year-over-year [23]. - The net profit after deducting non-recurring gains and losses was CNY 13,560,889.82, up 17.22% from the previous year [23]. - The basic earnings per share increased to CNY 0.0588, a rise of 19.76% compared to the same period last year [23]. - The company reported a net cash flow from operating activities of -CNY 60,581,357.70, a decline of 70.05% year-over-year [23]. - Total assets at the end of the reporting period were CNY 1,065,971,456.33, down 2.65% from the end of the previous year [23]. - The net assets attributable to shareholders increased to CNY 836,746,299.92, a growth of 0.97% compared to the previous year [23]. - The company's revenue for the communication industry reached ¥192,705,584.02, representing a year-on-year increase of 38.93% [82]. - The gross profit margin for the communication industry was 23.67%, a slight decrease of 0.16% compared to the previous year [82]. - The design business generated revenue of ¥81,010,598.60, with a year-on-year growth of 8.75% and a gross profit margin of 38.84% [82]. - The construction business saw revenue of ¥111,694,985.42, marking a significant year-on-year increase of 73.94% [82]. - Revenue from overseas regions amounted to ¥42,141,295.37, with a remarkable year-on-year growth of 554.01% [83]. Governance and Compliance - The board of directors has confirmed the accuracy and completeness of the half-year report, ensuring no false records or misleading statements exist [3]. - All directors attended the board meeting to review the report, indicating strong governance practices [4]. - The report outlines the company's commitment to transparency and compliance with regulatory requirements, including disclosures to the China Securities Regulatory Commission [13]. - The financial report is signed and stamped by the responsible parties, ensuring accountability for the financial data presented [10]. - The report includes a comprehensive directory of documents available for public inspection, enhancing transparency [10]. - The company has not faced any administrative penalties related to environmental issues during the reporting period [129]. - The company has not engaged in any major related party transactions during the reporting period [143]. Risk Management - The company has detailed potential risks and countermeasures in the management discussion and analysis section of the report [4]. - The company emphasizes the importance of risk awareness for investors regarding future operational plans and forecasts [4]. - The company plans to strengthen regional market service systems and adjust services based on customer demands to mitigate market competition risks [115]. - The company is focusing on overseas market expansion while monitoring international political and economic conditions to mitigate overseas business risks [117]. - The company will enhance cost management and quality control to address the risk of declining gross margins due to increased competition and rising labor costs [115]. Research and Development - Research and development investment increased by 48.11% to ¥6,770,450.05, with 14 projects currently in the R&D phase [79]. - The company has developed into a specialized communication technology service provider with strong service capabilities, high technical standards, and a complete business chain, holding 91 patents and 69 software copyrights [49]. - The company has a strong research and development capability, contributing to stable performance growth and a complete business chain [66]. - The company added 25 new patents during the reporting period, bringing the total to 91 patents, including 32 invention patents [84]. - The company is currently developing 14 projects, including research on new scenarios for ADSS optical cables and energy-saving control for base stations [87]. Market Expansion and Strategy - The company focused on 5G network construction and technology services, leading to stable growth in communication network design and engineering services [32]. - The overseas market revenue grew rapidly, driven by increased demand for telecommunications infrastructure projects during the pandemic [33]. - The company aims to continue leveraging technological advantages to explore new markets and profit growth points [33]. - The company has transformed from traditional communication technology services to providing ICT customized solutions across various industries, leveraging 5G technology to support digital transformation [34]. - The company is positioned to benefit from the accelerated deployment of 5G networks, which is expected to drive significant growth in the ICT industry [36]. - The "Belt and Road" initiative presents opportunities for the company to expand its overseas communication services, particularly in regions with lower communication development levels [39]. - The company established a wholly-owned subsidiary in the Philippines to provide comprehensive services for local communication operators, focusing on FTTX planning and construction [40]. - The company is actively expanding into new business areas such as 5G technology, smart cities, high-speed broadband, and the Internet of Things [115]. Shareholder Information - The total number of shares remained unchanged at 240 million, with limited sale condition shares decreasing by 280,700 to 18,981,160, representing 7.91% [165]. - The company’s unrestricted shares increased to 221,018,840, accounting for 92.09% of total shares [165]. - The company’s management personnel have locked up a total of 18,981,160 shares, reflecting a commitment to the company's long-term performance [166]. - The largest shareholder, Jilin Jida Holdings Co., Ltd., holds 20.00% of the shares, totaling 48,000,000 shares [171]. - The total number of ordinary shareholders at the end of the reporting period is 24,470 [171]. Social Responsibility - The company donated 200,000 yuan to support pandemic prevention efforts in Changchun City during the reporting period [131].
吉大通信(300597) - 2021 Q1 - 季度财报
2021-04-22 16:00
Financial Performance - The company's operating revenue for Q1 2021 was ¥91,548,882.01, representing a 26.39% increase compared to ¥72,432,338.06 in the same period last year[7] - Net profit attributable to shareholders for Q1 2021 was ¥4,475,631.24, a 59.53% increase from ¥2,805,427.31 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥4,188,037.76, up 40.83% from ¥2,973,790.98 in the previous year[7] - The basic earnings per share for Q1 2021 was ¥0.02, doubling from ¥0.01 in the same period last year[7] - Total operating revenue for Q1 2021 reached CNY 91,548,882.01, an increase of 26.4% compared to CNY 72,432,338.06 in Q1 2020[60] - Total operating costs for Q1 2021 were CNY 86,209,220.46, up 25.8% from CNY 68,491,329.66 in the same period last year[60] - Net profit for Q1 2021 was CNY 4,347,445.32, representing a 61.5% increase from CNY 2,691,813.75 in Q1 2020[62] - The net profit for the first quarter of 2021 was CNY 3,791,814.95, an increase of 83.5% compared to CNY 2,065,602.44 in the same period last year[66] - Operating profit rose to CNY 4,468,360.11, up 52.7% from CNY 2,927,104.44 year-over-year[66] - The total profit for the first quarter was CNY 4,566,080.82, an increase of 67.5% from CNY 2,726,760.99 year-over-year[66] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,071,985,117.55, a decrease of 2.11% from ¥1,095,037,685.45 at the end of the previous year[7] - The company's total assets as of March 31, 2021, amounted to CNY 867,257,325.39, slightly up from CNY 862,508,246.71 at the end of 2020[59] - The company's current assets totaled CNY 949,792,885.45, down from CNY 979,854,503.86 at the end of 2020, indicating a decrease of about 3.1%[52] - The company's total liabilities decreased to CNY 239,006,576.23 from CNY 266,329,167.60, a reduction of approximately 10.2%[54] - The total liabilities for Q1 2021 were CNY 79,855,154.79, compared to CNY 78,897,891.06 at the end of 2020, indicating a marginal increase[59] Cash Flow - The net cash flow from operating activities was negative at -¥38,402,882.30, worsening by 38.03% compared to -¥27,821,730.35 in the same period last year[7] - Cash inflow from operating activities was CNY 119,131,596.33, compared to CNY 90,196,715.02 in the previous year, reflecting a growth of 32.2%[67] - Investment activities generated a net cash outflow of CNY -47,335,614.31, compared to CNY -17,585,946.03 in the same period last year[69] - The total cash and cash equivalents at the end of the period were CNY 257,657,319.60, down from CNY 268,048,288.41 at the end of the previous year[69] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,060[10] - The largest shareholder, Jilin Jida Holdings Co., Ltd., held 20.00% of the shares, amounting to 48,000,000 shares[10] - The equity attributable to the owners of the parent company increased to CNY 833,065,089.84 from CNY 828,666,880.45, reflecting a growth of about 0.5%[55] Research and Development - R&D expenses increased by 546,200 yuan, a growth of 37.42%, due to increased investment in digital and information technology[17] - Research and development expenses for Q1 2021 were CNY 2,006,024.74, up from CNY 1,459,824.12 in Q1 2020, reflecting a focus on innovation[60] Strategic Initiatives - The company plans to adjust its management structure and enhance its internal organization to improve operational efficiency and market adaptability[31] - The company aims to establish strategic partnerships with high-quality enterprises in the upstream and downstream of the industry chain to provide customized one-stop services for various clients[34] - The company has the capability to offer comprehensive customized solutions in smart city, smart ecology, smart law, smart transportation, smart education, smart healthcare, smart parks, and smart agriculture[34] - The company plans to increase investments in human, financial, and material resources to explore new production models and gradually establish a solid foothold in the smart city market in Jilin Province within the next three years[35] - The company intends to expand its market reach to the three northeastern provinces and even nationwide and overseas[35] Project Updates - The communication service network upgrade project is expected to reach a usable state by January 23, 2020, after adjustments to the implementation schedule[39] - The R&D center construction project has a cumulative investment of 488.78 million yuan, which is 19.55% of the planned total[39] - The information technology upgrade project has a cumulative investment of 1,097.97 million yuan, which is 54.90% of the planned total[39] - The "R&D Center Construction Project" is now expected to reach its usable state by January 31, 2022, after multiple adjustments due to market changes and technological advancements[41] - The "Information Technology Upgrade Project" is also set to reach its usable state by January 31, 2021, reflecting the company's strategic adjustments to meet current and future operational needs[43] Compliance and Governance - The company reported no violations regarding external guarantees during the reporting period[46] - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[47] - The company has confirmed that the use of raised funds is reasonable, standardized, and disclosed in a timely and accurate manner[51] Miscellaneous - The first quarter report was not audited[73] - The company is implementing new leasing standards starting from 2021[74] - The financial data comparison prior to the new leasing standards is not applicable[73] - The company reported a total of 27 new leases initiated in the first quarter[75] - There are no specific performance metrics or user data provided in the current documents[73][74][75] - Future outlook and guidance details are not mentioned in the available content[73][74][75] - No new products or technologies have been highlighted in the current reports[73][74][75] - Market expansion and acquisition strategies are not discussed in the provided documents[73][74][75] - Other strategic initiatives are not outlined in the available information[73][74][75] - The company has not provided any specific financial figures or percentages in the current reports[73][74][75]
吉大通信(300597) - 2020 Q4 - 年度财报
2021-04-22 16:00
Dividend Distribution - The company plans to distribute a cash dividend of 0.25 RMB per 10 shares based on a total of 240,000,000 shares, with no bonus shares issued[5]. - The board of directors has approved the profit distribution plan, ensuring a return to shareholders while maintaining capital reserves[5]. - The cash dividend distribution policy has been executed in accordance with the company's articles of association, ensuring the protection of minority shareholders' rights[161]. - The company did not issue new shares or increase capital reserves during the reporting period, maintaining a conservative approach to profit distribution[162]. - In 2020, the cash dividend amount was 6,000,000, representing 19.77% of the net profit attributable to ordinary shareholders[165]. - In 2019, the cash dividend amount was 5,040,000, which accounted for 12.02% of the net profit attributable to ordinary shareholders[165]. - The company commits to distributing cash dividends of no less than 10% of the distributable profit each year[170]. - The company plans to implement a stable profit distribution policy, emphasizing reasonable returns to investors while considering sustainable development[168]. Financial Performance - The company's operating revenue for 2020 was ¥492,784,445.89, a decrease of 2.10% compared to ¥503,366,353.38 in 2019[17]. - The net profit attributable to shareholders for 2020 was ¥30,352,706.99, down 27.64% from ¥41,946,889.95 in 2019[17]. - The total assets at the end of 2020 were ¥1,095,037,685.45, a slight increase of 0.23% from ¥1,092,554,139.09 at the end of 2019[17]. - The company's basic earnings per share for 2020 was ¥0.13, a decrease of 23.53% from ¥0.17 in 2019[17]. - The company maintained a weighted average return on equity of 3.72% in 2020, down from 5.35% in 2019[17]. - The company achieved a net profit of 30.13 million yuan for the 2020 fiscal year, with a distributable profit of 28.08 million yuan after statutory reserve deductions[164]. Market Expansion and Strategy - The company is focused on expanding its market presence and enhancing its technological capabilities in the telecommunications sector[5]. - Future growth strategies include investments in new technologies and products to meet evolving market demands[5]. - The company is actively pursuing opportunities for mergers and acquisitions to strengthen its competitive position[5]. - The company aims to leverage advancements in information and communication technology to enhance service offerings[5]. - The company is expanding its ICT business and has undertaken numerous large-scale ICT projects, emphasizing high-quality technical services[26]. - The company has established a subsidiary in the Philippines to expand its overseas market presence, leveraging opportunities from the "Belt and Road" initiative[40]. - The company is well-positioned to capitalize on the growing demand for communication infrastructure in underdeveloped regions, particularly in overseas markets[38]. - The company plans to strengthen its existing domestic business and develop new market opportunities, particularly targeting major clients like China Tower and China Broadcasting[148]. Research and Development - The company has established a comprehensive system for R&D, quality control, and project management, ensuring efficient operation across all processes[27]. - The total R&D expenses for 2020 amounted to CNY 17,904,556.75, an increase of 14.61% compared to 2019[93]. - The company completed 11 out of 12 R&D projects in 2020, focusing on advanced communication technologies including 5G and edge computing[95]. - The company has a strong R&D capability and holds multiple high-level qualifications, which enhances its competitive advantage in the industry[62]. - The company has filed several patents related to big data and energy-saving technologies, reflecting its commitment to innovation[97]. - The company has enhanced its internal R&D capabilities, holding multiple patents and software copyrights, and has established a strong intellectual property system[132]. Risk Management - The company has outlined potential risks in its future development outlook, along with corresponding mitigation strategies[5]. - The company has identified risks related to declining gross margins due to increased competition and rising labor costs, and is implementing strategies to control costs and maintain service quality[155]. - The company plans to strengthen its internal control and risk management systems to navigate challenges in overseas business expansion[156]. - The company faces market competition risks, necessitating a robust service system and timely technological upgrades to meet evolving customer demands[154]. Corporate Governance and Compliance - The company’s board approved adjustments to the investment plans for the communication service network upgrade project, reducing the total investment from RMB 415.3 million to RMB 213.3 million[118]. - The commitments from major shareholders include not seeking preferential treatment for their controlled entities in business cooperation[172]. - The company will disclose reasons if it does not propose a cash profit distribution plan after achieving profitability in the previous fiscal year[170]. - The company has committed to compensating investors for any losses due to false statements or omissions in the documents related to its initial public offering[182]. - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[184]. Industry Trends and Opportunities - The global market for IoT is expected to create over $10 trillion in new market space across nine major industries by 2025[33]. - The Ministry of Industry and Information Technology plans to cover 200 million households with gigabit fiber networks by the end of 2021, with a target of 300 million households by the end of 2023[34]. - The digital economy in China is expected to maintain an annual growth rate of around 15% from 2020 to 2025, potentially exceeding 80 trillion yuan by 2025[43]. - The company is actively participating in 5G network construction, focusing on key technology research and talent development to support high-quality economic growth[35]. - The communication technology service industry is expected to expand significantly due to the increasing demand for digital transformation across various sectors[31].
吉大通信(300597) - 2020 Q3 - 季度财报
2020-10-29 16:00
Financial Performance - Operating revenue for the reporting period was CNY 115,633,183.54, representing a year-on-year increase of 42.55%[11] - Net profit attributable to shareholders was CNY 4,490,020.66, down 28.78% compared to the same period last year[11] - Basic earnings per share decreased by 33.33% to CNY 0.02[11] - The total operating revenue for Q3 2020 was ¥115,633,183.54, an increase of 42.5% compared to ¥81,117,114.14 in the same period last year[41] - The net profit for Q3 2020 was ¥4,358,518.46, a decrease of 30.8% from ¥6,304,828.81 in Q3 2019[43] - Operating profit for the current period was ¥20,457,000.51, a decrease of 13.66% from ¥23,735,822.92 in the previous period[51] - Net profit for the current period was ¥15,756,259.51, down 15.56% from ¥18,696,788.19 in the prior period[52] - Comprehensive income for the current period was ¥15,970,755.36, compared to ¥18,696,788.19 in the previous period[53] Cash Flow - The net cash flow from operating activities was CNY 3,303,851.83, a significant increase of 615.54% compared to the previous year[11] - Operating cash inflow for the current period was CNY 319,218,349.26, an increase from CNY 302,322,215.91 in the previous period[58] - Net cash outflow from operating activities was CNY -32,321,863.94, compared to CNY -23,020,687.66 in the previous period[59] - Cash flow from investment activities resulted in a net outflow of CNY -40,192,951.58, worsening from CNY -6,050,349.20 in the previous period[60] - Cash paid for purchasing goods and services was CNY 237,453,004.78, up from CNY 206,821,903.90 in the previous period[58] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,060,221,244.61, a decrease of 2.96% compared to the previous year[11] - Current liabilities decreased from CNY 289,048,333.96 as of December 31, 2019, to CNY 246,047,711.44 as of September 30, 2020, reflecting a reduction of approximately 14.88%[35] - The company's cash and cash equivalents decreased from CNY 197,831,096.41 to CNY 121,282,254.65, a decline of about 38.67%[38] - The company's total liabilities remained unchanged at CNY 246,047,711.44 as of September 30, 2020[35] - The company's total equity increased from CNY 803,505,805.13 to CNY 814,173,533.17, an increase of about 1.83%[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,231[15] - The largest shareholder, Jilin Jida Holdings Co., Ltd., held 20.00% of the shares, totaling 48,000,000 shares[15] Changes in Assets - Accounts receivable decreased by 42.69% to ¥2,811,515.37 from ¥4,905,843.50 due to the maturity of receivables[21] - Other receivables increased by 76.77% to ¥18,429,070.85 from ¥10,425,509.76 primarily due to an increase in employee travel loans[21] - Other current assets surged by 523.10% to ¥34,398,989.05 from ¥5,520,636.91 mainly due to the purchase of bank wealth management products[21] - The company's inventory increased from CNY 201,033,896.76 to CNY 230,488,131.27, an increase of approximately 14.63%[38] Tax and Expenses - Tax and additional charges decreased by 32.71% to ¥2,040,308.18 from ¥3,032,125.29, primarily due to a reduction in value-added tax[21] - The tax expense for Q3 2020 was ¥2,278,354.93, compared to ¥1,908,832.42 in Q3 2019, reflecting an increase in tax obligations[43] - Research and development expenses for Q3 2020 were ¥3,022,914.35, slightly down from ¥3,631,309.07 in Q3 2019[41] Other Financial Information - The company reported a net profit from non-recurring items of CNY 109,948.71 for the year-to-date[12] - The company reported a credit impairment loss of ¥2,350,957.53 in Q3 2020, indicating potential challenges in receivables[43] - The company has not disclosed any performance forecasts for the year 2020[25] - The company completed the registration of changes in its business scope and updated its articles of association as of August 6, 2020[23] - The company adjusted contract liabilities by CNY 34,563,741.62 due to changes in prepayments[68]
吉大通信(300597) - 2020 Q2 - 季度财报
2020-08-27 16:00
Financial Performance - The company's operating revenue for the reporting period was ¥138,705,987.78, a decrease of 5.10% compared to ¥146,155,132.08 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was ¥11,617,412.40, down 6.25% from ¥12,391,959.38 in the previous year[19]. - The net cash flow from operating activities was -¥35,625,715.77, representing a decline of 51.71% compared to -¥23,482,418.07 in the same period last year[19]. - Basic earnings per share decreased by 4.84% to ¥0.0491 from ¥0.0516 in the previous year[19]. - Total assets at the end of the reporting period were ¥1,059,164,940.85, a decrease of 3.06% from ¥1,092,554,139.09 at the end of the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥11,568,617.62, a slight decrease of 0.11% compared to ¥11,581,674.72 in the previous year[19]. - The weighted average return on net assets was 1.41%, down from 1.61% in the previous year[19]. - The company reported a 23.37% reduction in income tax expenses, totaling ¥2,339,859.05[64]. - The company achieved operating revenue of 138.71 million yuan, a decrease of 5.10% compared to the same period last year, which was 146.16 million yuan[58]. - The net profit for the reporting period was 11.40 million yuan, down 8.02% from 12.39 million yuan in the previous year[58]. Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 1,030,134,351, reflecting a significant increase from the previous year[194]. - The company's total liabilities at the end of the reporting period were CNY 320,916,176, which is an increase from the previous year[194]. - The company's asset-liability ratio stood at 23.50%, with total assets of 1,059.16 million yuan, a decrease of 3.06% from the beginning of the period[60]. - Accounts receivable decreased by 1.8964 million yuan, a reduction of 38.66%, primarily due to the receipt of commercial acceptance bills[46]. - Accounts receivable stood at CNY 400,883,986.70, slightly down from CNY 405,987,136.16, indicating a decrease of approximately 1.5%[167]. - The company's current assets totaled CNY 946,600,017.41, down from CNY 977,549,508.27 at the end of 2019, reflecting a decrease of approximately 3.5%[168]. - The total amount of funds raised by the company is RMB 27,331.73 million, with a net amount of RMB 28,198.40 million after deducting underwriting and other fees[77]. Investment and R&D - Research and development investment decreased by 8.74% to ¥4,571,332.36[64]. - The company is focusing on enhancing its research and development capabilities to drive future growth and innovation[194]. - The company is focusing on research related to 5G technology and its integration with Wi-Fi, ensuring adequate technical capabilities for future developments[83]. - The company has engaged in multiple collaborations with universities and research institutions to enhance talent development[62]. - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[194]. Market Strategy and Expansion - The main business includes communication network technology services, focusing on traditional operators, government enterprises, and overseas markets[27]. - The company aims to expand its service offerings by integrating design, procurement, and construction, moving towards general contracting and total integration[27]. - The company is positioned to benefit from the digital transformation during the "13th Five-Year Plan" period, enhancing its market share in various provinces[31]. - The 5G investment cycle is expected to drive growth, with the company actively involved in 5G network design and related product development[31]. - The company has established a wholly-owned subsidiary in the Philippines to expand its overseas communication services, focusing on FTK (Full Turnkey) projects[33]. - The strategic shift from a single operator focus to a "one main, two wings" model has enhanced the company's role as a comprehensive consulting provider[32]. - The company is leveraging opportunities in smart city development, aligning with national strategies to enhance urban efficiency and competitiveness[32]. - The company is actively expanding into new areas such as 5G technology, smart cities, high-speed broadband, and the Internet of Things, while facing risks related to R&D investment and team management[98]. Corporate Governance and Compliance - The company has detailed the risks it faces and corresponding countermeasures in the report[4]. - The company has not engaged in any related party transactions during the reporting period[118]. - The company did not distribute cash dividends or bonus shares for the half-year period[105]. - The company has not undergone any bankruptcy reorganization during the reporting period[112]. - The company has not experienced any penalties or rectification situations during the reporting period[115]. - The commitments made by the controlling shareholder and actual controller have been fulfilled without any violations of integrity during the reporting period[116]. Social Responsibility - The company donated 200,000 yuan to the Red Cross Society of Changchun to support pandemic prevention efforts[130]. - The company has been actively involved in educational poverty alleviation efforts, focusing on impoverished areas[132].
吉大通信:关于参加投资者网上集体接待日活动的公告
2020-08-19 08:16
证券代码:300597 证券简称:吉大通信 公告编号:2020-054 吉林吉大通信设计院股份有限公司 关于参加投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整,没有虚假 记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流,吉林吉大通信设计院股份有限公司(以 下简称"公司")将参加由吉林证监局、吉林省证券业协会、深圳市全景网络有 限公司共同举办的"提高公司质量 做受尊敬的上市公司--2020 年吉林辖区上市 公司投资者网上集体接待日"活动,现将有关事项公告如下: 本次集体接待日活动将通过深圳市全景网络有限公司提供的互联网平台举 行,投资者可以登陆"全景·路演天下"网站(http://rs.p5w.net)参与公司 本次投资者集体接待日活动,时间为 2020 年 8 月 21 日(周五)15:30 至 17:00。 届时公司副董事长、财务总监、副总经理、董事会秘书周伟先生,总经理金 谊晶先生将通过网络在线问答互动的形式,与投资者就公司治理、发展经营情况、 融资情况和可持续发展等投资者关注的问题进行交流。期间,公司高管将全程在 线,实时回答投资者的提问。 欢迎广大 ...
吉大通信(300597) - 2020 Q1 - 季度财报
2020-04-23 16:00
Financial Performance - Total revenue for Q1 2020 was ¥72,432,338.06, a decrease of 2.35% compared to ¥74,178,862.96 in the same period last year[7] - Net profit attributable to shareholders was ¥2,805,427.31, down 4.21% from ¥2,928,634.17 year-on-year[7] - Net profit excluding non-recurring gains and losses increased by 2.72% to ¥2,973,790.98 from ¥2,895,140.72 in the previous year[7] - Operating income for the first quarter of 2020 was 72.43 million yuan, a decrease of 1.75 million yuan or 2.35% compared to the same period last year[21] - Revenue from communication network design business was 44.78 million yuan, an increase of 2.50 million yuan or 5.9% year-on-year[21] - Revenue from communication network construction business was 27.38 million yuan, a decrease of 4.39 million yuan or 13.81% year-on-year[22] - Total operating revenue for Q1 2020 was ¥72,432,338.06, a decrease of 2.5% compared to ¥74,178,862.96 in Q4 2019[54] - Net profit for Q1 2020 was ¥2,691,813.75, a decrease of 8.1% from ¥2,928,634.17 in Q4 2019[56] Cash Flow and Assets - Net cash flow from operating activities was -¥27,821,730.35, a decline of 61.77% compared to -¥17,197,969.73 in the same period last year[7] - Net cash flow from operating activities decreased by 10.62 million yuan compared to the same period last year, mainly due to a reduction in cash received from sales of goods and services[20] - Cash inflows from operating activities totaled CNY 90,196,715.02, down from CNY 93,129,850.88 in the previous period, indicating a decline of about 3.2%[64] - Cash outflows from operating activities increased to CNY 118,018,445.37 from CNY 110,327,820.61, representing an increase of approximately 7.7%[64] - The net cash flow from investing activities is -CNY 17,585,946.03, compared to -CNY 10,709,232.66 in the previous period, indicating a worsening of approximately 64.5%[65] - The cash and cash equivalents at the end of the period decreased to CNY 268,048,288.41 from CNY 277,354,692.17, a decline of about 3.8%[65] - Total assets at the end of the reporting period were ¥1,075,091,886.51, a decrease of 1.60% from ¥1,092,554,139.09 at the end of the previous year[7] - The company's total current assets decreased to CNY 960,454,862.78 from CNY 977,549,508.27, reflecting a reduction of about 1.8%[46] Shareholder Information - The company had a total of 29,598 shareholders at the end of the reporting period[10] - The largest shareholder, Jilin Jida Holdings Co., Ltd., held 20.00% of the shares, totaling 48,000,000 shares[10] - There were no agreed repurchase transactions conducted by the top 10 shareholders during the reporting period[11] Research and Development - The company is focusing on 10 R&D projects aimed at new technologies to support diverse customer needs, including 5G technology and smart city initiatives[23] - The company is in the research and development phase for edge computing technology, which is expected to enhance its capabilities in providing intelligent interconnect services[24] - The company is developing a knowledge base for 5G network architecture, focusing on the transition from NSA to SA, which is crucial for reducing overall construction costs[24] - The company aims to develop documentation on the evolution of 25G/100G PON technology, which is becoming a research hotspot in the industry[24] - The company is enhancing its knowledge depth in 5G indoor coverage technology, which is critical for operators' competitiveness in the 5G era[24] - The company is working on a technical document for the evolution of 5G bearer networks, which will address the diverse needs of 5G network architecture[25] - The company is developing a knowledge base for key 5G wireless technologies, including large-scale antenna and spectrum sharing, to support sustainable development in mobile communication networks[25] - The company is focused on enhancing its core competencies and technical capabilities in the telecommunications sector, particularly in 5G technology[25] Investment and Projects - A total of 27,331.73 million yuan was raised, with 3,683.17 million yuan invested in the current quarter[32] - The cumulative investment in the communication business service network upgrade project reached 13,072.85 million yuan, representing 61.28% of the total commitment[32] - The R&D center construction project has seen an investment of 485.93 million yuan, which is 19.44% of the planned total[32] - The company has added Wuhan and Qingdao as new implementation locations for the fundraising investment project[38] - The total investment amount for the "Communication Business Service Network Upgrade and Renovation Project" has been adjusted from CNY 415.29 million to CNY 213.32 million[34] - The number of network points for the "Communication Business Service Network Upgrade and Renovation Project" has been reduced from 57 cities to 35 cities[38] Financial Position - The total liabilities decreased to CNY 269,055,426.20 from CNY 289,048,333.96, a reduction of approximately 6.9%[48] - The company's equity attributable to shareholders increased to CNY 805,886,493.28 from CNY 803,242,224.54, reflecting a growth of about 0.3%[49] - The total liabilities and equity amounted to CNY 1,075,091,886.51, consistent with the total assets, indicating a balanced financial position[49] - The company's total liabilities as of March 31, 2020, were ¥134,971,820.31, an increase of 2.0% from ¥131,422,493.46 at the end of 2019[53] - Total equity increased to ¥770,188,121.96 as of March 31, 2020, compared to ¥768,122,519.52 at the end of 2019, reflecting a growth of 0.3%[53] Operational Efficiency - The company plans to enhance its market position and explore new markets through targeted technology research and development[23] - The company aims to enhance its core competitiveness and comprehensive soft power through focused R&D on next-generation internet technologies and cloud computing[28] - The information management system will be improved to increase work efficiency and effectiveness[28] - The company has committed to improving its talent incentive system to boost employee motivation[28] - The company has effectively managed its fundraising, ensuring timely, truthful, and complete disclosures regarding the use of funds[39]