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拓斯达(300607) - 2018 Q1 - 季度财报
2018-04-24 16:00
Financial Performance - Total revenue for Q1 2018 reached ¥178,754,968.04, representing a 30.14% increase compared to ¥137,353,704.88 in the same period last year[9]. - Net profit attributable to shareholders was ¥33,687,766.07, up 58.18% from ¥21,297,676.76 year-on-year[9]. - Net profit excluding non-recurring gains and losses was ¥29,580,943.91, reflecting a 54.23% increase from ¥19,179,888.54 in the previous year[9]. - Operating revenue grew by 30.14% to ¥178,754,968.04, reflecting improved sales performance[26]. - Net profit increased by 57.28% to ¥33,497,192.40, mainly due to higher operating income and increased government subsidies recognized in the current period[26]. - Total profit amounted to 38.4611 million yuan, up 49.95% from the previous year[28]. - The net profit for Q1 2018 reached CNY 33,497,192.40, representing a growth of 57.1% from CNY 21,297,676.76 in Q1 2017[53]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,183,085,683.06, a 1.58% increase from ¥1,164,663,524.32 at the end of the previous year[9]. - The total liabilities decreased slightly to CNY 385,153,223.10 from CNY 391,869,354.29, a reduction of 1.8%[49]. - The equity attributable to shareholders increased to CNY 788,286,967.28 from CNY 755,613,643.42, reflecting a growth of 4.3%[49]. Cash Flow - The net cash flow from operating activities was negative at -¥28,280,984.88, worsening from -¥25,275,980.41 year-on-year[9]. - The cash balance at the end of the reporting period was CNY 174,422,718.32, an increase from CNY 103,350,342.21 at the beginning of the period[43]. - The cash flow from operating activities showed a net outflow of CNY -28,280,984.88, compared to CNY -25,275,980.41 in the same period last year[59]. - The company reported cash inflow from investment activities of CNY 233,968,500.01, significantly higher than CNY 32,550,000.00 in Q1 2017[59]. - The net cash flow from investment activities was CNY 100,601,128.08, compared to CNY 15,013,839.01 in the previous year[59]. Investments and Expenses - The company's management expenses increased by 48.53% to ¥23,531,691.40, primarily due to higher R&D investments and increased salaries for management personnel[26]. - The company recorded an investment income of CNY 2,886,997.29, compared to CNY 522,000.00 in the previous year, marking a significant increase[52]. - The company plans to increase the registered capital of its wholly-owned subsidiary to 300 million yuan, with a total investment of 500 million yuan[32]. - The company is set to invest 1.65 billion yuan in the establishment of the TuoSiDa Overseas Technology Park project in Dongguan[33]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 8,437[19]. - The top shareholder, Wu Fengli, holds 40.14% of the shares, with 52,364,460 shares pledged[19]. - The company did not engage in any repurchase transactions among the top 10 common shareholders during the reporting period[20]. Risks and Future Plans - The company faces risks related to macroeconomic fluctuations and industry cycles, which could impact product demand and financial performance[12]. - The company is committed to enhancing its R&D capabilities and expanding into new automation applications to mitigate risks associated with market changes[12].
拓斯达(300607) - 2017 Q3 - 季度财报
2017-10-25 16:00
Financial Performance - Net profit attributable to shareholders was ¥48,992,144.73, representing a growth of 187.44% year-on-year[7]. - Operating revenue for the period was ¥189,093,651.23, up 90.00% compared to the same period last year[7]. - The net profit after deducting non-recurring gains and losses was ¥43,978,004.19, an increase of 165.70% year-on-year[7]. - Basic earnings per share were ¥0.38, reflecting a 123.53% increase compared to the same period last year[7]. - The total comprehensive income for the third quarter was ¥48,992,144.73, compared to ¥17,044,218.30 in the same period last year, indicating an increase of approximately 187.5%[39]. - The net profit for the third quarter was ¥46,541,993.51, compared to ¥16,663,537.23 in the same period last year, marking a growth of about 179.5%[39]. - The total profit for the third quarter was ¥53,653,522.44, up from ¥19,836,200.95 in the previous year, indicating an increase of about 170.9%[39]. - The net profit for the year-to-date was ¥103,259,163.95, compared to ¥47,000,213.34 in the previous year, indicating an increase of approximately 119.5%[44]. - The company's operating revenue for the current period reached ¥507,817,395.81, a significant increase of 93.8% compared to ¥262,179,750.18 in the previous period[45]. Assets and Liabilities - Total assets reached ¥1,104,373,384.18, an increase of 92.32% compared to the end of the previous year[7]. - The total assets increased to ¥1,104,373,384.18, up from ¥574,246,394.47, reflecting significant growth in operational scale[27]. - Current liabilities totaled ¥320,296,451.58, an increase from ¥227,735,920.75, reflecting a rise of about 41%[31]. - The total liabilities reached ¥368,583,388.26, compared to ¥239,309,032.47, indicating an increase of about 54%[32]. - The company's equity attributable to shareholders of the parent company was ¥722,644,397.76, up from ¥335,482,774.96, reflecting a growth of approximately 116%[32]. Cash Flow - The company reported a net cash flow from operating activities of -¥45,706,707.88, a decline of 145.24% year-to-date[7]. - Cash flow from operating activities showed a net outflow of ¥45,706,707.88, a decrease of 145.24% compared to the previous period[16]. - The cash flow from financing activities increased dramatically by 16209.00% to ¥309,829,204.35 due to the receipt of raised funds[16]. - The company reported cash inflows from investment activities totaling ¥361,043,623.47, while cash outflows were ¥527,597,653.94, resulting in a net cash outflow of ¥166,554,030.47[51]. - The net cash flow from operating activities was -46,376,648.55 CNY, a decrease from 101,423,316.53 CNY in the previous year[54]. - The net cash flow from investment activities was -167,554,030.47 CNY, worsening from -107,963,808.64 CNY year-over-year[54]. - The net cash flow from financing activities was 309,829,204.35 CNY, significantly higher than 1,899,743.22 CNY in the previous year[55]. Shareholder Information - The total number of shareholders at the end of the reporting period was 9,504[11]. - The largest shareholder, Wu Fengli, holds 40.04% of the shares, amounting to 52,235,460 shares[11]. Operational Metrics - Operating costs increased by 109.96% to ¥308,077,122.34 in line with revenue growth[15]. - The operating costs for Q3 2017 were ¥157,425,922.21, which is a 96% increase from ¥80,056,483.61 in the previous year[34]. - The company's total operating costs for the third quarter were ¥121,699,440.40, up from ¥60,288,835.92 in the previous year, which is an increase of about 102.5%[38]. - The company incurred total operating expenses of ¥444,779,721.49, which is significantly higher than ¥188,806,969.24 in the previous period[50]. Investment Activities - The company acquired a 20% stake in Dongguan Yeda Intelligent Equipment Co., Ltd., marking a strategic expansion[17]. - Investment income rose significantly by 375.09% to ¥2,841,813.69 due to a substantial increase in short-term financial products[15]. - The company received 311,101,140.00 CNY from investment absorption during the financing activities[55]. Other Information - The company did not engage in any repurchase transactions during the reporting period[12]. - The company did not conduct an audit for the third quarter report[56].
拓斯达(300607) - 2017 Q2 - 季度财报
2017-08-25 16:00
Financial Performance - The company reported a significant increase in revenue, achieving a total of 500 million RMB for the first half of 2017, representing a year-on-year growth of 25%[12]. - Total revenue for the reporting period reached ¥318,717,664.52, representing a year-on-year increase of 104.58%[19]. - Net profit attributable to shareholders was ¥54,682,285.75, up 82.54% compared to the same period last year[19]. - The net profit after deducting non-recurring gains and losses surged by 211.46% to ¥52,083,932.24[19]. - Basic earnings per share increased by 49.09% to ¥0.82[19]. - The company reported a net profit of CNY 54,682,285.75 for the first half of 2017, compared to CNY 29,955,995.04 in the previous year, an increase of 82.7%[163]. - Operating profit for the first half of 2017 was CNY 61,319,620.52, up from CNY 19,974,922.56, reflecting a growth of 206.5% year-over-year[163]. Market Expansion and Product Development - User data indicates a growing customer base, with the number of active users increasing by 15% compared to the previous year, reaching 1.2 million users[12]. - New product development includes the launch of an advanced industrial robot series, expected to contribute an additional 100 million RMB in sales by the end of 2017[12]. - The company is expanding its market presence, targeting new regions in Southeast Asia, with plans to establish two new offices by Q4 2017[12]. - The industrial robot application and complete equipment business grew significantly, with a product revenue increase of 117.04%[27]. - The automatic feeding and water, electricity, and gas systems business experienced a remarkable growth of 145.81%[27]. - The company has developed customized automation solutions to meet client production needs, enhancing production efficiency and reducing costs[27]. Research and Development - The company plans to invest 50 million RMB in R&D for new technologies in automation and smart manufacturing over the next two years[12]. - The company increased its investment in R&D, resulting in competitive intelligent manufacturing solutions and strong market competitiveness[33]. - R&D expenses amounted to 17.34 million yuan, a significant increase of 143.60%, representing 5.44% of operating revenue[44]. - The company holds 90 authorized patents, including 5 invention patents, and has 12 invention patents under review[36]. Financial Management and Investments - No cash dividends will be distributed to shareholders for the current fiscal year, as the company aims to reinvest profits into growth initiatives[5]. - The company reported a commitment to not transfer or manage shares for 36 months post-IPO, with a maximum annual transfer limit of 25% of total shares held during the tenure of key personnel[94]. - The company has committed to invest ¥34,926.99 million in various projects, with a cumulative investment of ¥9,845.44 million by the end of the reporting period[68]. - The company raised a total of ¥30,084.44 million through public offerings, with ¥9,845.44 million utilized during the reporting period[63]. Risks and Challenges - The company has identified potential risks in supply chain disruptions and is implementing measures to mitigate these risks[4]. - The company faces risks from macroeconomic fluctuations and changes in downstream industry cycles, which could directly impact product market demand and lead to a decline in operating performance[84]. - Accounts receivable risk is heightened as the company expands its sales through commercial credit, potentially leading to liquidity and bad debt risks if customer creditworthiness deteriorates[85]. - Management risks arise from the rapid expansion of the company's operations, necessitating timely adjustments to the operational management system to maintain efficiency and performance[86]. Corporate Governance and Compliance - The board of directors has confirmed that all members attended the meeting to review the report, ensuring transparency and accountability in the financial reporting process[3]. - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring a true and complete reflection of the company's financial status[193]. - The company has established a commitment to cooperate with regulatory investigations and penalties if necessary[98]. - The company has a structured approach to managing share transfers, ensuring compliance with regulatory requirements[96]. Legal Matters - The company has no significant litigation or arbitration matters reported during the reporting period[111]. - The company has committed to bear the responsibility for any unpaid social insurance and housing fund contributions, ensuring no financial loss to the company[108]. - The company reported a civil lawsuit against Shenzhen Fuchang Electronics for an unpaid amount of CNY 1,792,600, with a mediation result requiring payment within 30 days[112]. Subsidiaries and Investments - The company established two subsidiaries: Shenzhen Tuolian Intelligent Information Technology Co., Ltd. and Jiangsu Tuosida Robot Co., Ltd., both of which are still in the preparatory stage[81][82]. - The company signed an agreement to purchase 200 acres of industrial land in Suzhou for the establishment of a wholly-owned subsidiary, Jiangsu Tuosida, with the first phase covering 100 acres[130]. - Jiangsu Tuosida Robot Co., Ltd. was successfully established during the reporting period[130].
拓斯达(300607) - 2016 Q4 - 年度财报
2017-04-24 16:00
Financial Performance - The company's operating revenue for 2016 was CNY 433,085,305.72, representing a 43.30% increase compared to CNY 302,220,255.98 in 2015[23]. - The net profit attributable to shareholders for 2016 was CNY 77,574,103.44, a 24.43% increase from CNY 62,342,057.75 in 2015[23]. - The net cash flow from operating activities reached CNY 81,373,378.24, showing a significant increase of 165.94% compared to CNY 30,598,915.91 in 2015[23]. - The total assets at the end of 2016 amounted to CNY 574,246,394.47, which is a 33.99% increase from CNY 428,565,266.42 at the end of 2015[23]. - The basic earnings per share for 2016 was CNY 1.43, up 24.35% from CNY 1.15 in 2015[23]. - The weighted average return on equity for 2016 was 24.15%, an increase of 1.22% from 22.93% in 2015[23]. - The company reported a quarterly revenue of CNY 177,772,055.21 in Q4 2016, contributing significantly to the annual growth[25]. - The net profit attributable to shareholders in Q4 2016 was CNY 30,573,890.10, indicating strong performance in the last quarter[26]. - The company has seen a consistent increase in net assets, which reached CNY 336,862,369.96 at the end of 2016, a 12.69% increase from CNY 298,920,762.69 in 2015[23]. - The company reported a total of non-recurring gains and losses amounting to CNY 15,538,685.80 in 2016, a significant increase from CNY 3,254,600.10 in 2015[29]. Research and Development - The company emphasizes a "R&D as king" strategy to enhance independent technological innovation and product development capabilities[7]. - The company’s R&D investment in 2016 was 20.19 million yuan, accounting for 4.66% of the operating revenue[51]. - The company has a dedicated R&D team of 187 personnel, enhancing its technological capabilities and product development[50]. - The company implemented eight major R&D projects focused on robotic control systems and related technologies during the reporting period[63]. - The company has a total of 88 authorized patents, including 5 invention patents, and has applied for 39 additional patents related to software[51]. Market and Product Development - The company is focused on expanding its market presence and enhancing its product offerings in the industrial automation sector[16]. - The company focuses on industrial robots and automation solutions, aiming to enhance production efficiency and reduce labor costs across various sectors, including 3C products and automotive parts[34]. - The main products include industrial robots, injection molding auxiliary equipment, and automated feeding systems, which are designed to meet the specific production needs of clients[37]. - The company’s industrial robots are characterized by high precision, fast movement, and stability, with applications in tasks such as handling, assembly, and inspection[35]. - The automated feeding system allows for 24-hour continuous operation, integrating various functions from raw material storage to logistics, enhancing overall production automation[38]. - The company’s multi-joint robots are developed for flexible automation tasks, suitable for various industrial applications such as welding and painting[36]. - The revenue from the robotics division reached 214.73 million yuan, making up 49.58% of total revenue[62]. - The multi-joint robot and application solutions business saw a revenue increase of 394.34%, from 11.76 million yuan in 2015 to 58.16 million yuan in 2016[62]. Talent and Human Resources - The company recognizes the risk of talent shortages in high-tech fields and is implementing competitive compensation and training programs to attract and retain talent[9]. - The company is committed to ensuring that high-quality talent supports its growth and plans to enhance its talent acquisition and training strategies[103]. - The company maintains a focus on employee rights and welfare, providing training and development opportunities[170]. Risk Management - The company faces risks related to accounts receivable, with measures in place to assess customer credit ratings and increase the proportion of payment via acceptance bills[7]. - The company acknowledges the impact of macroeconomic fluctuations on market demand, particularly in the manufacturing sector, which is closely tied to fixed asset investments[6]. - The company is addressing management risks associated with rapid business expansion by improving internal operational and supervisory mechanisms[8]. - The company is aware of the potential adverse effects of market environment changes on the expected benefits of its fundraising investment projects[9]. Shareholder and Dividend Policies - The company reported a cash dividend of 2.00 RMB per 10 shares and a capital reserve conversion of 8 shares for every 10 shares held[10]. - The cash dividend accounted for 51.49% of the net profit attributable to shareholders in 2016, which was CNY 77,574,103.44[112]. - The company has a policy that mandates a minimum cash dividend ratio of 20% during its growth phase, considering significant capital expenditures[109]. - The company plans to distribute dividends amounting to at least 20% of the annual distributable profits[128]. - The company has implemented a profit distribution policy that prioritizes cash dividends[128]. - The company will not distribute cash dividends if the undistributed profits are negative or if the asset-liability ratio exceeds 75%[130]. Corporate Governance and Compliance - The company has committed to comply with the regulations of the China Securities Regulatory Commission regarding share reduction announcements[121]. - The company has established a three-year dividend return plan following its IPO[126]. - The company will publicly disclose reasons for any failure to fulfill commitments regarding shareholding reductions[124]. - The company has committed to transparency in its dividend distribution decisions to enhance shareholder supervision[126]. - The company has not reported any penalties from securities regulatory agencies for its directors, supervisors, and senior management in the past three years[198]. Operational Efficiency and Strategy - The company is focused on lean production and supply chain integration to optimize logistics and provide high-cost performance solutions[102]. - The company has undertaken measures to ensure that its stock price remains stable, including potential share buybacks if the stock price falls below a certain threshold[139]. - The company has established guidelines for managing significant capital expenditures, ensuring that any future investments are aligned with its strategic goals[129]. - The company is committed to ensuring that any competitive activities do not conflict with its main business operations, which may involve exiting certain competitive markets if necessary[133]. Leasing and Facilities - The company has a rental agreement for a factory area of 10,300 square meters at a monthly rent of 103,000 RMB, with rent increasing by 8% every 5 years, valid until August 31, 2032[142]. - The company has also signed a lease for an additional factory area of 7,663 square meters at a monthly rent of 84,293 RMB, with rent increasing by 10% every 5 years, valid until July 31, 2024[143]. - The company is focused on maintaining operational efficiency through strategic leasing agreements for its production facilities[143].
拓斯达(300607) - 2017 Q1 - 季度财报
2017-04-24 16:00
Financial Performance - Total revenue for the first quarter reached ¥137,353,704.88, representing a 192.30% increase compared to ¥46,991,192.66 in the same period last year[9] - Net profit attributable to shareholders was ¥21,297,676.76, a significant increase of 732.03% from ¥2,559,718.39 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥19,179,888.54, up 857.94% from ¥2,002,196.77 in the previous year[9] - Basic earnings per share increased to ¥0.35, reflecting a 600.00% rise from ¥0.05 in the same period last year[9] - Operating revenue reached ¥137,353,704.88, a 192.30% increase compared to the previous year, driven by the development and market promotion of six-degree-of-freedom robots[27] - Net profit surged by 732.03% to ¥21,297,676.76, attributed to significant revenue growth and operational leverage[27] - The company reported a significant increase in capital reserves to ¥423,760,800.10 from ¥140,968,684.20, which is an increase of approximately 200.5%[78] - The total profit for the current period was ¥25,649,587.10, compared to ¥3,038,433.02 in the previous period, representing an increase of approximately 743.5%[81] Assets and Liabilities - Total assets at the end of the reporting period were ¥889,139,193.69, a 54.84% increase from ¥574,246,394.47 at the end of the previous year[9] - Total current assets increased to ¥771,528,420.18 from ¥471,793,883.44, representing a growth of approximately 63.6%[72] - Total liabilities decreased slightly to ¥230,067,031.07 from ¥237,384,024.51, a reduction of approximately 3.0%[74] - The company's equity attributable to shareholders rose to ¥659,072,162.62 from ¥336,862,369.96, indicating a substantial increase of about 95.5%[75] Cash Flow - Cash and cash equivalents increased by 243.21% to ¥401,574,920.44 due to the receipt of raised funds[27] - Cash inflow from operating activities totaled ¥159,763,393.28, compared to ¥99,912,793.08 in the previous period, representing an increase of approximately 59.8%[87] - The net cash flow from operating activities was -25,961,378.12 CNY, compared to 4,370,993.41 CNY in the previous period, indicating a significant decline in operational cash generation[93] - Total cash inflow from financing activities reached 311,101,140.00 CNY, a substantial increase from 23,653,550.00 CNY in the prior period[90] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 72,467,827[22] - The largest shareholder, Wu Fengli, holds 40.04% of the shares, totaling 29,019,700 shares[23] - The second-largest shareholder, Yang Shuangbao, holds 8.23% of the shares, totaling 5,966,900 shares[23] - The top ten shareholders collectively hold a significant portion of the company's shares, indicating concentrated ownership[22] Strategic Initiatives - The company emphasizes a "R&D as king" strategy to enhance technological innovation and expand into new automation application fields[12] - The company is actively working to complete its fundraising investment projects to alleviate production capacity bottlenecks[20] - The company is considering strategic acquisitions to enhance its product offerings and market presence[34] - The company plans to implement a profit distribution policy that ensures a minimum of 20% of the annual distributable profit is allocated as cash dividends[46] Risks and Challenges - The company faces risks related to macroeconomic fluctuations and industry cycles, which could impact product demand and financial performance[12] - The rapid expansion of the company may lead to management challenges, necessitating the establishment of effective operational mechanisms[17] - The company is addressing accounts receivable risks by implementing repayment plans and assessing customer credit ratings[14] Investment and Fund Utilization - The total amount of raised funds is CNY 300.84 million, with CNY 26.10 million invested in the current quarter[66] - Cumulative investment of raised funds reached CNY 80.52 million, accounting for 26.8% of the total[66] - There are no changes in the use of raised funds, and no issues were reported regarding the use and disclosure of raised funds[67] Employee and Talent Management - The company has implemented a competitive compensation system to attract and retain talent, addressing potential talent shortages[19] - The company is focused on enhancing employee training and development to improve overall workforce quality[19]