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森霸传感(300701) - 2018 Q1 - 季度财报
2018-04-25 16:00
Financial Performance - Total revenue for Q1 2018 was CNY 37,915,819.58, an increase of 11.15% compared to CNY 34,112,326.77 in the same period last year[7] - Net profit attributable to shareholders was CNY 12,158,103.05, reflecting a growth of 14.32% from CNY 10,634,864.33 year-on-year[7] - Basic earnings per share decreased by 16.67% to CNY 0.15 from CNY 0.18 in the same period last year[7] - The company reported a weighted average return on equity of 2.74%, down 3.29% from 6.03% in the previous year[7] - The company’s total equity reached ¥444,712,945.01, up from ¥432,616,103.99, indicating a growth of approximately 2.5%[40] Cash Flow - Net cash flow from operating activities reached CNY 13,110,264.21, up 48.73% from CNY 8,814,977.48 in the previous year[7] - Cash flow from operating activities increased by 48.73%, reaching 13.11 million RMB, driven by higher cash receipts from sales[17] - Operating cash inflow totaled CNY 41,423,102.43, an increase from CNY 38,673,763.82 in the previous period, reflecting a growth of approximately 4.3%[50] - The net cash flow from investment activities was negative CNY 7,546,753.21, an improvement from negative CNY 14,907,596.87 in the previous year[51] - The ending balance of cash and cash equivalents stood at CNY 42,077,185.06, down from CNY 72,805,712.89 in the previous period[51] Assets and Liabilities - Total assets at the end of the reporting period were CNY 469,889,745.31, a 2.52% increase from CNY 458,345,371.02 at the end of the previous year[7] - The total current assets were RMB 402,162,770.29, slightly up from RMB 399,867,291.12, indicating a marginal increase of about 0.7%[34] - Total liabilities decreased to RMB 20,595,825.32 from RMB 21,298,273.01, reflecting a reduction of about 3.3%[36] - The company's retained earnings increased to RMB 123,005,449.13 from RMB 111,838,351.80, indicating a growth of approximately 9.7%[37] Investment and Growth Strategy - The company aims to enhance product quality and reduce unit costs while focusing on emerging industries like IoT and AI for future growth[18] - The company plans to expand its product categories and improve technological capabilities to provide comprehensive services to customers[18] - The company has committed up to 20 million CNY for investment in Shenzhen Nanshan Bridge Excellence Intelligent Equipment Investment Partnership, with 10 million CNY already paid[21] - The total amount of raised funds is 236.17 million CNY, with 3.27 million CNY already invested in projects[25] Risks and Governance - The company faces growth risks if future strategies do not align with market demands, potentially impacting market share and profitability[9] - There is a risk of not developing new products timely, which could adversely affect market expansion efforts[9] - The company has established a comprehensive governance structure to manage its rapid expansion and ensure effective operations[9] - The company is actively implementing its annual business plan without significant risk factors affecting future development[20] - The company is progressing steadily with its established development strategy and does not foresee major risks impacting future performance[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,968[10] - The company declared a cash dividend of RMB 3.75 per 10 shares, totaling RMB 30,000,000.00, based on a total share capital of 80,000,000 shares[28]
森霸传感(300701) - 2017 Q4 - 年度财报
2018-03-25 16:00
Financial Performance - The company's main business revenue for 2017 was 171.01 million RMB, showing a growth trend compared to 149.28 million RMB in 2016 and 128.21 million RMB in 2015, with year-on-year growth rates of 14.55%, 16.44%, and 9.54% respectively[5]. - The company's operating revenue for 2017 was ¥177,426,946.85, representing a 14.14% increase compared to ¥155,445,813.35 in 2016[21]. - The net profit attributable to shareholders for 2017 was ¥60,052,220.36, which is a 28.20% increase from ¥46,842,074.93 in 2016[21]. - The net profit after deducting non-recurring gains and losses was ¥57,953,737.36, up 26.71% from ¥45,737,671.16 in 2016[21]. - The total assets at the end of 2017 reached ¥458,345,371.02, a significant increase of 136.75% from ¥193,597,383.94 at the end of 2016[21]. - The net assets attributable to shareholders increased by 155.84% to ¥437,047,098.01 in 2017 from ¥170,828,142.83 in 2016[21]. - The basic earnings per share for 2017 was ¥0.92, reflecting a 17.95% increase from ¥0.78 in 2016[21]. - The cash flow from operating activities for 2017 was ¥63,732,425.03, a 9.82% increase compared to ¥58,032,029.29 in 2016[21]. - The weighted average return on equity for 2017 was 25.30%, down from 30.46% in 2016, indicating a decrease of 5.16%[21]. - The company achieved a revenue of 177.43 million yuan in 2017, representing a year-on-year growth of 14.14%[44]. - The net profit for the same period was 60.05 million yuan, with a year-on-year increase of 28.20%[44]. Dividend Policy - The company plans to distribute a cash dividend of 3.75 RMB per 10 shares to all shareholders, based on a total of 80 million shares[8]. - The company distributed a total cash dividend of RMB 30,000,000 in 2017, which is 100% of the total profit distribution[94]. - The cash dividend per 10 shares for 2017 was RMB 3.75, based on a total share capital of 80,000,000 shares[96]. - The company's distributable profits for 2017 were RMB 111,838,351.80, with cash dividends constituting 100% of the profit distribution[94]. - The cash dividends for the previous three years were RMB 30,000,000 in 2016 and RMB 20,000,000 in 2015, representing 64.04% and 55.39% of the net profit attributable to shareholders, respectively[100]. - The company has committed to reviewing its dividend policy at least every three years, considering shareholder feedback and business conditions[90]. Market and Competition - The company faces risks related to the timely development of new products, as the demand for intelligent, miniaturized, and multifunctional products in the optical sensor market is increasing[6]. - The company is exposed to risks from intensified market competition, particularly from both domestic and international enterprises in the optical sensor industry[6]. - The company is positioned in a highly competitive market for mid-to-low-end visible light sensors, with ongoing improvements in production scale and cost control[32]. - The company’s market share in the pyroelectric infrared sensor sector was approximately 30% in 2014, with expectations for continued growth due to strong upstream resource supply capabilities[31]. Research and Development - The company has developed a core technology system and holds numerous patents, which are crucial for maintaining its competitive edge in the market[6]. - The company holds 27 patents, with 5 new patents granted during the reporting period, covering technologies related to infrared sensitive ceramic materials and packaging[35]. - The company emphasizes the importance of independent research and development, particularly in the field of pyroelectric infrared sensors, to maintain its competitive edge[35]. - The company has developed four major R&D projects, including a high-end lithium tantalate pyroelectric infrared sensor and a customizable writable infrared sensor[58]. - The company is investing 200 million CNY in research and development for new technologies in the upcoming year[189]. Governance and Management - The company has established a solid governance structure and effective management system to support its rapid expansion following the increase in asset scale from fundraising[7]. - The company emphasizes the importance of adapting its management capabilities to match its rapid growth and expansion in business operations[7]. - The company maintains a strong internal control system, ensuring compliance with internal regulations and enhancing operational efficiency[47]. - The company has implemented a robust human resources management system to attract and retain talent, ensuring efficient resource utilization[40]. Risks and Compliance - The company acknowledges the risk of losing technical talent and potential leaks of proprietary technology, which could hinder its market opportunities[6]. - The company is committed to fulfilling its obligations and will bear legal responsibilities for any breaches of commitment[105]. - The company has confirmed that there were no instances of asset or fund occupation during the reporting period[122]. - The company has pledged to strictly adhere to internal control systems to prevent the misuse of company assets and funds[123]. - The company is actively ensuring legal compliance in its operations to avoid penalties or losses from regulatory bodies[141]. Future Plans and Strategies - The company aims to become a leading brand in the sensor industry, focusing on optimizing existing products and expanding into emerging markets such as IoT and AI[81]. - In 2018, the company plans to enhance R&D efforts based on market demand, aiming to improve traditional sensor products and develop new types[82]. - The company will actively pursue mergers and acquisitions to achieve rapid external growth and establish a comprehensive domestic sensor brand[82]. - The company plans to increase its marketing budget by 20% to support new product launches and market expansion efforts[190]. Social Responsibility - The company has committed to social responsibility by actively participating in community welfare and environmental sustainability initiatives[196]. - The company helped 28 registered impoverished households achieve employment as part of its poverty alleviation efforts[199]. - Nanyang Senba aims to become a leader in the optoelectronic sensor industry, focusing on intelligent sensing and smart living[194].
森霸传感(300701) - 2017 Q3 - 季度财报
2017-10-25 16:00
Financial Performance - Revenue for the reporting period was ¥46,472,297.10, reflecting a 14.81% increase compared to the same period last year[7] - Net profit attributable to shareholders was ¥15,418,341.71, representing a 17.41% increase year-over-year[7] - Basic earnings per share increased by 18.18% to ¥0.26[7] - The company's total operating revenue for the year-to-date period reached CNY 126,634,878.44, an increase of 14.6% from CNY 110,487,852.37 in the same period last year[48] - The net profit for the third quarter of 2017 reached CNY 15,418,341.71, representing a growth of 17.4% from CNY 13,132,288.86 in the previous year[46] - The total profit for the quarter was CNY 50,769,340.02, compared to CNY 39,719,949.15 in the same quarter last year, marking a 27.8% increase[50] - The net profit attributable to the parent company was CNY 42,947,687.55, representing a growth of 27.5% from CNY 33,671,986.75 in the previous year[51] - The total comprehensive income for the quarter was CNY 42,947,687.55, compared to CNY 33,671,986.75 in the previous year, reflecting a 27.5% increase[51] Assets and Liabilities - Total assets increased to ¥440,872,340.02, a 127.73% increase compared to the previous year[7] - Net assets attributable to shareholders reached ¥420,064,714.26, up 145.90% year-over-year[7] - The total liabilities were CNY 20,807,625.76, down from CNY 22,769,241.11 in the previous period[35] - The owner's equity totaled CNY 420,064,714.26, a substantial increase from CNY 170,828,142.83[36] - Cash and cash equivalents increased to CNY 257,615,770.02 from CNY 56,077,644.76[37] Cash Flow - Cash flow from operating activities decreased by 21.15% to ¥30,983,314.49 year-to-date[7] - Cash inflow from operating activities totaled CNY 140,371,514.77, an increase of 14.0% from CNY 122,768,721.18[59] - The cash inflow from operating activities generated a net amount of CNY 30,983,314.49, down from CNY 39,296,019.89 in the previous year[57] - Cash flow from operating activities increased by 209.50% to ¥606,987.94, mainly from interest income on time deposits[21] - The cash outflow from investment activities totaled CNY 160,440,539.23, an increase of 99.8% compared to CNY 80,301,265.13 in the previous period[59] - Net cash flow from financing activities was CNY 217,027,170.00, a significant improvement from -CNY 20,000,000.00 in the previous period[60] Shareholder Information - The company had a total of 39,602 common shareholders at the end of the reporting period[11] - The top three shareholders held a combined 68.32% of the shares, with Shenzhen Yingbei Investment Development Co., Ltd. holding 28.01%[11] - The company distributed cash dividends totaling ¥30 million, based on a dividend of ¥5.00 per 10 shares, in accordance with the resolutions of the board and shareholders' meeting[26] Investments and Expenses - Investment income for the first nine months of 2017 was ¥1,303,973.50, a 40.22% increase year-over-year, driven by increased financial investment returns[20] - Cash paid for purchasing goods and services rose by 45.21% to ¥69,420,359.14, primarily due to listing expenses[21] - The company's financial expenses for the third quarter were CNY 289,466.86, compared to a negative CNY 334,898.69 in the same period last year, indicating a significant improvement[42] Operational Metrics - The total operating costs amounted to CNY 28,291,326.07, compared to CNY 25,139,196.29 in the prior period[41] - The company's operating profit was CNY 50,535,065.24, up from CNY 39,530,406.26, indicating a growth of 27.5%[50] - The company's total operating revenue for the third quarter of 2017 was CNY 46,686,957.91, an increase of 14.9% compared to CNY 40,767,634.41 in the same period last year[45] Other Information - There were no significant changes in restricted shares during the reporting period[13] - The company did not conduct an audit for the third quarter report[61] - The company plans to continue expanding its market presence and investing in new technologies[41]