FIBOCOM(300638)

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广和通(300638) - 2019 Q4 - 年度财报
2020-04-14 16:00
Financial Performance - The company's operating revenue for 2018 was CNY 1,249,101,088.60, representing a year-over-year increase of 53.32% compared to CNY 563,304,478.24 in 2017[28]. - The net profit attributable to shareholders for 2018 was CNY 86,796,907.26, reflecting a significant increase of 95.95% from CNY 43,857,380.81 in 2017[28]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 74,775,052.47, up 110.13% from CNY 40,209,217.09 in 2017[28]. - The basic earnings per share for 2018 was CNY 0.72, a 94.44% increase from CNY 0.38 in 2017[28]. - The total assets at the end of 2018 amounted to CNY 1,002,910,938.53, which is a 104.82% increase from CNY 614,245,574.50 at the end of 2017[28]. - The net assets attributable to shareholders at the end of 2018 were CNY 448,360,731.41, showing a 190.69% increase from CNY 368,364,358.95 at the end of 2017[28]. - The net cash flow from operating activities for 2018 was negative CNY 8,931,812.61, a significant improvement of 2,598.41% compared to negative CNY 122,835,304.40 in 2017[28]. - The weighted average return on net assets for 2018 was 21.38%, an increase from 14.56% in 2017[28]. - The company achieved total operating revenue of CNY 1,915,070,926.11, representing a year-on-year growth of 53.32%[41]. - Net profit attributable to shareholders reached CNY 170,074,699.67, a significant increase of 95.95% compared to the previous year[41]. - The company reported a comprehensive diluted earnings per share of CNY 1.2673[30]. - In the fourth quarter, operating revenue was CNY 585,768,648.48, with a net profit of CNY 49,554,308.38[30]. - The net cash flow from operating activities was CNY -8,590,977.07 in the fourth quarter, indicating a decline[30]. Accounts Receivable and Inventory Management - The company's accounts receivable at the end of the reporting period amounted to ¥547,532,150.78, accounting for 26.65% of total assets[11]. - The company has implemented a comprehensive accounts receivable management system to mitigate risks associated with large receivables[11]. - Accounts receivable rose to ¥547,532,150.78, accounting for 26.65% of total assets, a decrease of 6.93% from the previous year's 33.58%, driven by increased revenue[82]. - Inventory increased by 70.32%, with a net increase of ¥7,328.94 million, attributed to the expansion of sales scale during the reporting period[44]. - The inventory of wireless communication modules increased by 169.80% to 1,061,098 units, attributed to expanded sales scale[64]. - Inventory increased to ¥177,531,127.84, making up 8.64% of total assets, down from 10.38%, reflecting a rise in sales volume[82]. Research and Development - The company plans to enhance its research and development investment to achieve rapid technological upgrades and improve product competitiveness[5]. - The company invested significantly in R&D and marketing, which contributed to the growth in new product development and market recognition[41]. - The R&D team has grown to over 60% of the total workforce, with a focus on continuous innovation and collaboration with leading technology companies[46]. - R&D expenditure reached ¥204,377,161.58, accounting for 10.67% of revenue, representing an 84.52% increase year-over-year[56]. - Total R&D investment reached ¥204,377,161.58, accounting for 10.67% of operating revenue[75]. - The company launched 5G wireless communication modules FG150 and FM150, supporting various global mobile communication networks[71]. - The company introduced the L860 ultra-high-speed LTE communication module, meeting customer demands for high-speed connectivity[71]. Market Expansion and Competition - The company aims to expand its overseas market presence and increase new profit sources in response to intensified market competition[5]. - The company is focused on maintaining its market position despite the emergence of integrated chips that could potentially replace its main wireless communication module products[6]. - Overseas revenue accounted for over 60% of total revenue, reflecting the company's expanding international market presence[41]. - Overseas revenue amounted to ¥1,158,948,848.89, reflecting an 88.46% increase compared to the previous year[62]. - The company continues to invest in narrowband IoT communication modules to meet the growing demand for low-cost, low-power communication solutions[74]. Shareholder and Dividend Information - The profit distribution plan approved by the board of directors proposes a cash dividend of ¥4 per 10 shares (including tax) and a capital reserve increase of 8 shares per 10 shares[12]. - The total cash dividend for 2019 was 53,679,466 yuan, accounting for 31.56% of the net profit attributable to ordinary shareholders[129]. - The cash dividend for 2018 was 30,297,150 yuan, which was 34.91% of the net profit attributable to ordinary shareholders[132]. - The company has a controlling shareholder, Zhang Tianyu, who directly holds 6,007,500 shares, accounting for 44.76% of the total share capital[28]. Corporate Governance and Compliance - The company has committed to enhancing internal control systems and governance to improve overall management[125]. - The company has committed to not transferring or entrusting the management of shares held prior to the IPO for a period of 36 months from the listing date[141]. - The company has established a price stabilization plan to maintain its stock price above the net asset value per share for three years post-IPO[152]. - The company will announce any share transfer intentions at least three trading days in advance[139]. - The company has a commitment to ensure that new directors and senior management sign the price stabilization commitment upon their appointment[152]. - The company will legally repurchase all newly issued shares if the prospectus contains false records, misleading statements, or significant omissions that materially affect the judgment of whether the issuer meets the legal issuance conditions[159]. - The company will compensate investors for losses incurred due to false records, misleading statements, or significant omissions in the prospectus[162]. - There are no non-operating fund occupations by the controlling shareholder or its related parties during the reporting period[177]. - The company has committed to not providing financial assistance, including loans or guarantees, to incentive objects for obtaining stock options or restricted stocks[175]. - The company has made long-term commitments to fulfill obligations regarding compensation measures and to avoid conflicts of interest in business operations[171]. Investment and Project Updates - The company reported a significant investment of ¥65,621,008.40 during the period, a 293.73% increase compared to ¥16,666,667.00 in the previous year[86]. - The cumulative amount of raised funds directly invested in projects reached ¥15,762.15 million by the end of the reporting period[90]. - The company achieved a total investment of RMB 87,452.49 million in various projects, with a completion rate of 22,296.22 million, representing 25.4% of the total investment[98]. - The 4G LTE wireless communication module project reached a completion rate of 100%, with total investment amounting to RMB 9,160.52 million[94]. - The vehicle-grade wireless communication module project only achieved 68.11% of its expected benefits due to delays in industry investments[104]. - The IoT mobile terminal solution project was completed with a total investment of RMB 3,015.02 million, achieving a 100% completion rate[94]. - The company’s investment in the IoT R&D center project was completed with a total investment of RMB 899.45 million, achieving a 100% completion rate[94]. - The company’s 5G communication technology industrialization project has a total investment of RMB 22,887.90 million, but it is not applicable for completion status[104].
广和通(300638) - 2019 Q3 - 季度财报
2019-10-27 16:00
Financial Performance - Operating revenue for the period was CNY 470,250,570.40, representing a year-on-year increase of 43.89%[7] - Net profit attributable to shareholders was CNY 39,938,831.89, up 12.20% from the previous year[7] - The net profit after deducting non-recurring gains and losses was CNY 39,676,765.86, reflecting a 19.77% increase[7] - Basic earnings per share were CNY 0.3328, a rise of 12.20% year-on-year[7] - The company's net profit for the reporting period increased by 51.23% to ¥266,293,533.53, compared to ¥176,086,102.41 in the previous year[23] - The net profit for the current period was CNY 34,578,010.27, representing a 61.6% increase from CNY 13,274,422.05 in the same period last year[57] - The net profit attributable to the parent company was CNY 120,520,391.29, which is a 108.7% increase from CNY 57,773,483.82 in the previous period[61] Assets and Liabilities - Total assets reached CNY 1,272,480,598.48, an increase of 26.88% compared to the end of the previous year[7] - Current assets totaled CNY 1,087,127,086.02, compared to CNY 911,494,960.65 in the previous period, reflecting an increase of about 19.2%[35] - Non-current assets rose to CNY 185,353,512.46 from CNY 91,415,977.88, marking a significant increase of approximately 102.5%[35] - Total liabilities reached CNY 719,616,173.58, compared to CNY 554,550,207.12, which is an increase of about 29.9%[37] - The company's equity attributable to shareholders increased to CNY 552,864,424.90 from CNY 448,360,731.41, showing a growth of approximately 23.3%[39] - Accounts payable surged to CNY 392,591,242.16, up from CNY 255,271,690.03, indicating a growth of around 54%[37] Cash Flow - Cash flow from operating activities showed a significant increase, reaching CNY 231,744,523.31, up 985.84%[7] - The net cash flow from operating activities improved significantly to ¥231,744,523.31, a 985.84% increase from a negative cash flow of ¥26,160,984.45 in the previous year[25] - Cash inflow from operating activities totaled ¥1,393,646,978.52, compared to ¥834,142,404.84 in the previous period, marking an increase of 67.5%[70] - The net cash flow from operating activities for Q3 2019 was ¥231,744,523.31, a significant improvement compared to a net outflow of ¥26,160,984.45 in the same period last year[72] Research and Development - Research and development expenses rose by 76.26% to ¥143,625,818.77, compared to ¥81,485,434.67 in the previous year, as the company accelerated its investment in the IoT sector[25] - Research and development expenses for Q3 2019 amounted to CNY 55,310,805.19, which is a 104.4% increase from CNY 27,107,698.38 in the previous year[47] - Research and development expenses increased to ¥68,776,154.41, compared to ¥44,746,376.22 in the previous period, reflecting a rise of 53.7%[66] Shareholder Information - The top shareholder, Zhang Tianyu, holds 49.57% of the shares, with a total of 60,075,000 shares[12] - The company has 15,098 total common shareholders at the end of the reporting period[12] Government Support - The company received government subsidies amounting to CNY 11,756,827.03 during the reporting period[7] Market Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[56]
广和通(300638) - 2019 Q2 - 季度财报
2019-08-28 16:00
Financial Performance - The company achieved total revenue of ¥859,051,707.23, representing a 59.37% increase compared to the same period last year[33]. - Net profit attributable to shareholders reached ¥80,581,559.40, a significant increase of 263.37% year-over-year[33]. - The net profit after deducting non-recurring gains and losses was ¥71,362,045.98, reflecting a 218.38% increase from the previous year[33]. - The net cash flow from operating activities was ¥220,012,348.85, a remarkable turnaround from a negative cash flow of -¥56,843,678.67 in the same period last year, marking a 487.05% increase[33]. - Basic earnings per share rose to ¥0.6649, up 259.79% from ¥0.1848 in the previous year[33]. - The company's total assets increased by 19.52% to ¥1,198,650,305.06 compared to the end of the previous year[33]. - The net assets attributable to shareholders grew by 13.08% to ¥507,006,087.66 from the previous year[33]. - The company received government subsidies amounting to ¥11,406,745.56, contributing to the increase in net profit[28]. - The overseas revenue accounted for over 50% of the total revenue, indicating a strong expansion in international markets[32]. Research and Development - The company invested ¥88,315,013.58 in R&D, accounting for 10.28% of its revenue during the reporting period[44]. - The company holds a total of 24 invention patents, 39 utility model patents, and 35 software copyrights as of June 30, 2019[45]. - The company has maintained a focus on the Internet of Things (IoT) sector, with products applied in various fields such as mobile payments and smart grids[31]. - Research and development expenses increased by 62.41% to ¥88,315,013, driven by the company's efforts to seize opportunities in the IoT industry[48]. - The company is committed to enhancing its research and development efforts to improve product competitiveness and address market challenges[77]. Market Strategy - The company has established a sales model that combines direct sales and agency channels to enhance market coverage[45]. - The company has developed customized services and collaborative development with clients to meet complex IoT application requirements[37]. - The company is focused on expanding its market presence and enhancing its core capabilities in IoT solutions, including terminal and cloud platform services[44]. - The company plans to expand its overseas market presence and increase new revenue sources to mitigate risks from intensified market competition[77]. Shareholder Information - The company's major shareholder, Zhang Tianyu, directly holds 60.075 million shares, accounting for 49.57% of the total share capital[13]. - The total number of shares before the change was 121,188,600, with 67.08% being restricted shares[115]. - The number of unrestricted shares was 39,900,000, accounting for 32.93% of the total shares[115]. - The largest shareholder, Zhang Tianyu, holds 49.57% of the shares, totaling 60,075,000[117]. - The second-largest shareholder, Shenzhen Guanghe Chuangtong Investment Enterprise, holds 9.91% with 12,015,000 shares[117]. - The company reported no changes in the number of shares held by major shareholders during the reporting period[121]. Financial Management - The company reported a significant increase in income tax expenses, which rose by 648.15% to ¥10,531,862.25 due to higher net profits[48]. - The net increase in cash and cash equivalents was ¥46,670,149.67, a decrease of 23.46% compared to the previous period, primarily due to short-term loan repayments[48]. - The company’s investment activities resulted in a net cash outflow of ¥75,853,301.82, reflecting increased capital expenditures on long-term assets[48]. - Short-term borrowings decreased by 14.41% to ¥75,656,510.17, as the company repaid maturing loans[51]. - The company reported a cash inflow from tax refunds of ¥87,439,780.23, significantly higher than ¥16,842,221.82 in the previous year, reflecting an increase of approximately 418%[164]. Governance and Compliance - The company has established a governance structure including a shareholders' meeting, board of directors, and supervisory board[191]. - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance[194]. - The company confirms that there are no significant doubts regarding its ability to continue as a going concern for the next 12 months[195]. - The company has not undergone any bankruptcy restructuring during the reporting period, maintaining operational stability[88]. - The company reported no significant litigation or arbitration matters during the reporting period[89]. Operational Highlights - The company has a total of 100% ownership in several subsidiaries, including FIBOCOM WIRELESS INC. and FIBOCOM WIRELESS (EUROPE) LIMITED[13]. - The company operates under the stock code 300638 on the Shenzhen Stock Exchange[18]. - The report period covers from January 1, 2019, to June 30, 2019[15]. - The number of employees reached 690, with over 50% being R&D personnel, and 80% holding a bachelor's degree or higher[44]. - The company has not reported any changes in its registered address or contact information during the reporting period[20].
广和通(300638) - 2019 Q1 - 季度财报
2019-04-25 16:00
Financial Performance - Total revenue for Q1 2019 reached ¥415,125,890.21, representing a 94.12% increase compared to ¥213,852,844.67 in the same period last year[8] - Net profit attributable to shareholders was ¥38,446,421.61, a significant increase of 476.25% from ¥6,671,807.81 year-on-year[8] - The net cash flow from operating activities surged to ¥140,865,675.38, marking a 2,031.46% increase from ¥6,608,885.24 in the previous year[8] - Basic and diluted earnings per share both increased to ¥0.3172, up 470.50% from ¥0.0556 in the same period last year[8] - The weighted average return on equity rose to 8.23%, compared to 1.80% in the previous year[8] - The company achieved operating revenue of CNY 415,125,890.21, a 94.12% increase compared to the same period last year[22] - Net profit reached CNY 38,446,421.61, reflecting a significant growth of 476.25% year-on-year[21] - Total operating revenue for the current period reached CNY 415,125,890.21, a significant increase of 94% compared to CNY 213,852,844.67 in the previous period[69] - Net profit for the current period was CNY 38,446,421.61, compared to CNY 6,671,807.81 in the previous period, representing a 476% increase[72] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,043,076,969.18, reflecting a 4.00% increase from ¥1,002,910,938.53 at the end of the previous year[8] - Total assets reached CNY 1,043.08 million, compared to CNY 1,002.91 million, marking an increase of about 4.02%[52] - Total liabilities were CNY 551.66 million, slightly down from CNY 554.55 million, indicating a decrease of about 0.52%[55] - The total assets of the company reached CNY 1,018,940,030.82, up from CNY 969,794,391.21, indicating a growth of approximately 5%[68] - Total liabilities increased to CNY 600,566,706.80 from CNY 590,424,037.01, showing a rise of about 2%[68] Shareholder Information - The company had a total of 9,695 common shareholders at the end of the reporting period[11] - The largest shareholder, Zhang Tianyu, held 49.57% of the shares, with a total of 60,075,000 shares[11] - Net assets attributable to shareholders increased to ¥491,419,685.18, a 9.60% rise from ¥448,360,731.41 at the end of the previous year[8] Cash Flow - Cash and cash equivalents increased to CNY 289.82 million from CNY 264.54 million, reflecting a growth of approximately 9.54%[49] - The net cash flow from operating activities was ¥140,865,675.38, a substantial increase from ¥6,608,885.24 in the prior period, reflecting improved operational efficiency[87] - The net cash flow from investing activities was negative at -¥41,401,055.72, compared to a positive cash flow of ¥97,623,811.20 in the previous period, indicating increased investment outflows[90] - The net cash flow from financing activities was -¥76,125,668.62, a decrease from a positive cash flow of ¥13,053,941.06 in the prior period, reflecting repayment of debts[90] Research and Development - Research and development expenses increased by 65.49% to CNY 37,777,395.96, reflecting the company's commitment to enhancing R&D investment[21] - Research and development expenses for the current period were CNY 37,777,395.96, compared to CNY 22,827,858.51, marking a 65% increase[69] Market and Competition - The company plans to expand into overseas markets and increase new revenue sources to mitigate intensified market competition risks[26] - The company has faced risks related to external processing and supply chain disruptions, which could impact production plans[29] - The company is exposed to foreign exchange risks due to the rapid growth of overseas business and multi-currency settlements[29] Financial Adjustments - The company has made adjustments in financial reporting due to the implementation of new financial instruments and revenue recognition standards, impacting asset valuations[97] - The company aims to maintain a strong cash position while exploring strategic investments and potential acquisitions to enhance growth prospects[103]
广和通(300638) - 2018 Q4 - 年度财报
2019-03-07 16:00
Financial Performance - The company reported a total revenue of 1.2 billion RMB for the fiscal year 2018, representing a year-over-year growth of 15%[25]. - The company's operating revenue for 2018 was ¥1,249,101,088.60, representing a 121.75% increase from ¥563,304,478.24 in 2017[36]. - Net profit attributable to shareholders for 2018 was ¥86,796,907.26, up 97.91% from ¥43,857,380.81 in 2017[36]. - The net profit after deducting non-recurring gains and losses was ¥74,775,052.47, an increase of 85.96% compared to ¥40,209,217.09 in 2017[36]. - The company's total assets at the end of 2018 reached ¥1,002,910,938.53, a 63.28% increase from ¥614,245,574.50 at the end of 2017[36]. - The weighted average return on equity for 2018 was 21.38%, up from 14.56% in 2017[36]. - The basic earnings per share for 2018 was ¥0.720, an increase of 89.47% from ¥0.380 in 2017[36]. - The company reported a total of ¥12,021,854.79 in non-recurring gains for 2018, compared to ¥3,648,163.72 in 2017[43]. - The company achieved operating revenue of ¥1,249,101,088.6, representing a year-on-year growth of 121.75%[50]. - Net profit attributable to the parent company was ¥86,796,907.26, an increase of 97.91% compared to the previous year[53]. Market Expansion and Strategy - The company aims to expand its overseas market and increase new profit sources in response to intensified market competition[6]. - The company plans to expand its market presence in Europe and North America, targeting a 30% increase in international sales by 2020[25]. - The company is actively developing customized solutions to meet diverse customer needs in the IoT sector[58]. - The company is considering strategic acquisitions to enhance its market position, with a target of acquiring companies that can add at least 100 million RMB in annual revenue[160]. - Market expansion plans include entering two new international markets, which are projected to generate an additional 300 million RMB in revenue over the next two years[159]. Research and Development - The company is committed to increasing R&D investment to enhance product competitiveness and achieve rapid technological upgrades[6]. - Research and development expenses increased by 20% to 150 million RMB, reflecting the company's commitment to innovation in IoT and M2M technologies[25]. - The company invested ¥110,762,187.3 in R&D, accounting for 8.87% of its total revenue[64]. - The number of R&D personnel increased to 328 in 2018, representing 57.85% of the total workforce, up from 50.77% in 2017[89]. - The company established a complete R&D system and management software to enhance R&D quality and performance evaluation[55]. Product Development - A new product line focused on smart grid technology is set to launch in Q3 2019, anticipated to contribute an additional 200 million RMB in revenue[25]. - The company is developing a 5G wireless communication module with a maximum downlink speed of 6Gbps and uplink speed of 3Gbps, targeting various applications including smart homes and automotive[87]. - The company launched a project for ultra-high-speed LTE communication modules, supporting speeds of up to 1Gbps, with future plans for 2Gbps[86]. - The company plans to further develop integrated modules based on Linux, Android, and Windows operating systems for future IoT applications[64]. Financial Management and Investments - The company has implemented a comprehensive accounts receivable management system to mitigate risks associated with large receivables[13]. - The company acknowledges the risk of foreign exchange fluctuations due to its expanding overseas business and multi-currency settlements[12]. - The company’s total cash inflow from operating activities reached CNY 1,196,495,995.01, a 138.53% increase year-over-year[93]. - The company’s total assets included CNY 264,536,050.81 in cash, which accounted for 26.38% of total assets, up from 13.48% in 2017[99]. - The company’s short-term loans increased to CNY 176,679,200.00, representing 17.62% of total assets, up from 8.72% in 2017[99]. Shareholder Returns - The company plans to distribute a cash dividend of 2.50 yuan per 10 shares (including tax) to all shareholders, based on a total of 121,188,600 shares[13]. - The cash dividend for the reporting period is set at 2.50 yuan per 10 shares, with a total cash dividend amounting to 30,297,150.00 yuan, representing 100% of the total profit distribution[133]. - In 2018, the total cash dividend amounted to 30,297,150 CNY, representing 34.91% of the net profit attributable to the company's ordinary shareholders[136]. - The company distributed a cash dividend of 2.5 CNY per 10 shares (including tax) for the year 2018, with no bonus shares issued[136]. Risk Management - The company is facing risks from the promotion and mass production of integrated chips that may replace its main wireless communication module products[8]. - The company has reported that the semiconductor chip manufacturing process is rapidly advancing, which could impact its existing product sales[8]. - The company has made significant investments in R&D and marketing, which has impacted profit growth relative to revenue growth[53]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[195]. Subsidiaries and Partnerships - The company established seven wholly-owned subsidiaries during the reporting period, indicating a strategic expansion[77]. - The company established seven new subsidiaries in 2018 to enhance R&D and market expansion efforts[64]. - The company is collaborating with major global PC suppliers to develop high-speed LTE communication modules, enhancing its product offerings[82]. - The company has formed strategic partnerships in the IoT sector, focusing on smart communication modules to capture market opportunities[83].
广和通(300638) - 2018 Q3 - 季度财报
2018-10-28 16:00
深圳市广和通无线股份有限公司 2018 年第三季度报告全文 深圳市广和通无线股份有限公司 2018 年第三季度报告 2018-111 2018 年 10 月 1 深圳市广和通无线股份有限公司 2018 年第三季度报告全文 第一节 重要提示 公司负责人张天瑜、主管会计工作负责人陈仕江及会计机构负责人(会计主 管人员)王军飞声明:保证季度报告中财务报表的真实、准确、完整。 2 深圳市广和通无线股份有限公司 2018 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产(元) | 1,002,249,624.91 | 614,245,574.50 | | 63.17% | | 归属于上市公司股东的净资产 | 417,255,558.05 | 368,364,358.95 | | 13.27% | | (元) | | | | | | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初 ...
广和通(300638) - 2018 Q2 - 季度财报
2018-08-06 16:00
Financial Performance - The company achieved total revenue of ¥539,028,001.33, representing a 200.30% increase compared to the same period last year[29]. - Net profit attributable to shareholders was ¥22,176,174.31, a year-on-year growth of 56.92%[29]. - The net profit after deducting non-recurring gains and losses was ¥22,414,454.52, reflecting a 60.80% increase from the previous year[29]. - The company reported a basic earnings per share of ¥0.1848, up 37.19% from ¥0.1347 in the same period last year[29]. - Total assets increased by 41.60% to ¥869,790,447.13 compared to the end of the previous year[29]. - The company’s net assets attributable to shareholders rose by 3.38% to ¥380,798,667.84[29]. - The company’s cash flow from operating activities was negative at -¥56,843,678.67, an improvement of 10.14% compared to the previous year[29]. - The company reported a total comprehensive income of CNY 22,434,308.89 for the first half of 2018, compared to CNY 13,967,387.35 in the same period of 2017, representing an increase of approximately 60%[135]. Shareholder Information - The company's major shareholder, Zhang Tianyu, holds 50.0625% of the total shares, amounting to 60.075 million shares[10]. - The total number of ordinary shareholders at the end of the reporting period was 16,412, with a significant shareholder, Zhang Tianyu, holding 50.06% of the shares[107]. - The total shares held by directors and senior management at the end of the period amounted to 68,085,000 shares, with no new grants or reductions during the reporting period[116]. Investment and Capital Structure - The company reported a capital increase of CNY 40,000,000 during the current period[156]. - The company issued 20,000,000 shares at a price of CNY 10.45 per share, raising substantial capital for expansion[160]. - The company has a registered capital of CNY 60,000,000, with a significant portion held by major investors[160]. - The total amount of raised funds for investment projects is 180.59 million, with a cumulative investment of 126.89 million[55]. Research and Development - The R&D team comprises over 50% of the total workforce, with a focus on enhancing wireless communication technologies[31]. - Research and development expenses totaled ¥54,377,736.29, accounting for 10.09% of the company's revenue during the reporting period[38]. - The company plans to increase R&D investment to improve product competitiveness in response to intensified market competition in the IoT sector[68]. Market and Business Operations - The company is involved in the Internet of Things (IoT) and mobile internet sectors, focusing on M2M communication technologies[10]. - The company is focused on expanding its market presence both domestically and internationally, particularly in the smart POS and PC business segments[29]. - The company has established new subsidiaries in Europe and Xi'an, enhancing its market expansion efforts and R&D capabilities[67]. Financial Management and Strategy - The company has not engaged in derivative investments or entrusted loans during the reporting period, indicating a conservative financial strategy[63][64]. - The company has a robust accounts receivable management system in place to mitigate risks associated with large receivables from major clients[70]. - The company has temporarily used 50 million of idle raised funds to supplement working capital, with a duration not exceeding 12 months[57]. Corporate Governance - The company operates under the stock code 300638 on the Shenzhen Stock Exchange[14]. - The board of directors and management confirm the accuracy and completeness of the financial report[3]. - The company has established a governance structure with a board of directors, supervisory board, and shareholders' meeting, and operates through eight subsidiaries[162]. Social Responsibility - The company reported a donation of RMB 1 million to establish a scholarship fund, with RMB 200,000 donated in the reporting period[95]. - The company joined the "Pearl Recovery Plan" charity initiative, donating RMB 375,000 to support 50 impoverished students, with RMB 225,000 contributed by the company[95]. - The company plans to continue its focus on targeted poverty alleviation, particularly in education and social welfare initiatives[98]. Financial Reporting and Compliance - The half-year financial report was not audited, indicating that the figures presented are preliminary[122]. - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance and reflect the company's financial position as of June 30, 2018[166]. - The company has not reported any issues or problems in the use and disclosure of raised funds[57].
广和通(300638) - 2018 Q1 - 季度财报
2018-04-26 16:00
深圳市广和通无线股份有限公司 2018 年第一季度报告全文 深圳市广和通无线股份有限公司 2018 年第一季度报告 2018-050 2018 年 04 月 1 深圳市广和通无线股份有限公司 2018 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整,不存在虚假记载、误导性陈述或者重大遗漏,并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人张天瑜、主管会计工作负责人陈仕江及会计机构负责人(会计主 管人员)王军飞声明:保证季度报告中财务报表的真实、准确、完整。 2 深圳市广和通无线股份有限公司 2018 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业总收入(元) | 213,852,844.67 | 84,699,894.00 | 152.48% | | 归属于上市公司股东的净利润(元) | 6,671 ...
广和通(300638) - 2017 Q4 - 年度财报
2018-04-12 16:00
Financial Performance - The company's operating revenue for 2017 was ¥563,304,478.24, representing a 63.58% increase compared to ¥344,353,621.65 in 2016[24]. - The net profit attributable to shareholders for 2017 was ¥43,857,380.81, an increase of 8.77% from ¥40,321,549.87 in 2016[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥40,209,217.09, up 10.50% from ¥36,389,662.77 in 2016[24]. - The company's total assets at the end of 2017 were ¥614,245,574.50, a 123.10% increase from ¥275,321,134.24 at the end of 2016[24]. - The net assets attributable to shareholders increased by 158.15% to ¥368,364,358.95 in 2017 from ¥142,694,555.05 in 2016[24]. - The basic earnings per share for 2017 was ¥0.58, a decrease of 13.43% compared to ¥0.67 in 2016[24]. - The net cash flow from operating activities for 2017 was -¥122,835,304.40, a decline of 351.60% from ¥48,822,363.29 in 2016[24]. - The weighted average return on equity for 2017 was 14.56%, down 17.95% from 32.51% in 2016[24]. - The company reported a total of ¥3,648,163.72 in non-recurring gains for 2017, compared to ¥3,931,887.10 in 2016[30]. - The company achieved operating revenue of ¥563,304,478.24, representing a year-on-year growth of 63.58%[35]. - The net profit for 2017 was ¥43,857,380.81, showing an increase of 8.77% compared to the previous year[45]. - Total assets as of the end of 2017 amounted to ¥614,245,574.50, a significant increase of 123.10% year-on-year[45]. - The company invested ¥50,908,385.94 in R&D, accounting for 9.04% of its operating revenue during the reporting period[45]. - The M2M segment contributed ¥428,490,533.64, which is 76.07% of total revenue, with a growth of 58.30% year-on-year[50]. - The MI segment saw revenue of ¥129,856,905.25, representing 23.05% of total revenue, with a remarkable growth of 79.81%[50]. - The overseas market accounted for ¥156,385,525.26, which is 27.76% of total revenue, reflecting a growth of 117.75% year-on-year[50]. - The company reported a total revenue of 1,723.6 million RMB for the year 2017, with a significant increase compared to the previous year[129]. Research and Development - The company has increased its R&D investment to enhance product competitiveness and has begun mass production of SOC-based solutions since 2015[8]. - The company invested ¥50,908,385.94 in R&D, accounting for 9.04% of its operating revenue during the reporting period[45]. - The company’s R&D personnel accounted for over 50% of its total workforce, with a total of 388 employees as of December 31, 2017[37]. - The company has established a complete R&D system and management software to enhance R&D quality and efficiency[37]. - The company is focusing on the development of narrowband IoT communication modules to meet the growing demand in the IoT sector[61]. - The company plans to increase R&D investment to enhance product lines and solutions to meet global customer demands[91]. Market Expansion and Strategy - The company aims to expand into overseas markets and new industries to diversify revenue sources amid intensifying market competition[6]. - The company plans to expand its overseas business, which is expected to gradually increase its revenue share[34]. - The company is focusing on expanding its marketing team and enhancing its sales network to support business growth in emerging IoT applications[46]. - The company is actively providing customized services and integrated solutions to meet diverse customer needs in the IoT sector[39]. - The company is expanding its market presence in Southeast Asia, targeting a 15% market share by the end of 2018[102]. - Future guidance suggests a revenue growth target of 15% for 2018, driven by increased sales and market expansion efforts[109]. Financial Management and Investments - The company has established a comprehensive accounts receivable management system to address the risks associated with large receivables[11]. - The company faces foreign exchange risk due to multi-currency settlements as it expands its business[10]. - The company’s total liabilities increased, with short-term borrowings rising to 53,568,400 RMB, up from 13,550,000 RMB, reflecting a growth of 3.80%[72]. - The company reported a net cash flow from investment activities was negative at -128,698,243.86 RMB, a 5,017.15% increase in outflow compared to the previous year[66]. - The company has a diversified investment strategy, including fixed income and floating rate products, to manage financial risks effectively[146]. - The company has engaged in various financial products, including structured deposits and wealth management, to optimize its asset management strategy[146]. Shareholder and Governance - The company plans to distribute a cash dividend of CNY 1.25 per 10 shares (including tax) and to increase capital reserves by 5 shares for every 10 shares held[11]. - The total cash dividend for 2017 is 10 million yuan, representing 22.80% of the net profit attributable to ordinary shareholders[98]. - The company has committed to achieving a total sales revenue of no less than 240 million yuan from 2017 to 2019 as part of performance commitments[98]. - The company will continue to enhance internal control systems to improve overall management and governance[91]. - The company has committed to maintaining transparency with shareholders regarding stock price stabilization measures[108]. - The company will publicly disclose the expected number of shares to be reduced[100]. Legal and Compliance - The company did not have any significant discrepancies between financial reports prepared under international and Chinese accounting standards during the reporting period[28]. - The company has not faced any bankruptcy reorganization matters during the reporting period[123]. - The company has not reported any major subsidiary matters during the reporting period[157]. - The company has established a legal framework to ensure compliance with regulatory requirements regarding stock issuance and investor protection[112]. - The company has not engaged in any high-risk entrusted financial management activities during the reporting period[142]. Employee and Management - The company has a strong leadership team with diverse backgrounds in engineering and management, contributing to its operational effectiveness[189]. - The company has established a performance-based salary system that links employee remuneration to performance outcomes and individual contributions[197]. - In 2017, the company implemented a comprehensive training plan to enhance employee skills and knowledge, including external and internal training methods[198]. - The total remuneration paid to the board of directors, supervisors, and senior management during the reporting period amounted to 3.8964 million yuan[193]. - The company emphasizes a training system that includes online learning tools to support employee development and enhance competitiveness[198].
广和通(300638) - 2017 Q3 - 季度财报
2017-10-25 16:00
深圳市广和通无线股份有限公司 2017 年第三季度报告全文 深圳市广和通无线股份有限公司 2017 年第三季度报告 2017-060 2017 年 10 月 1 深圳市广和通无线股份有限公司 2017 年第三季度报告全文 2 深圳市广和通无线股份有限公司 2017 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整,不存在虚假记载、误导性陈述或者重大遗漏,并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人张天瑜、主管会计工作负责人陈仕江及会计机构负责人(会计主 管人员)王军飞声明:保证季度报告中财务报表的真实、准确、完整。 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增 | | --- | --- | --- | --- | --- | | | | | | 减 | | 总资产(元) | 475,715,016.76 | | 275,321,134.24 | 72.79% | | 归 ...