Teamsun(SH:600410)2015-08-27 16:00Financial Performance - The company's operating revenue for the first half of 2015 was approximately CNY 2.08 billion, a decrease of 1.78% compared to CNY 2.11 billion in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2015 was approximately CNY 54.66 million, down 14.71% from CNY 64.09 million in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 26.58% to approximately CNY 48.07 million from CNY 37.98 million year-on-year[20]. - The basic earnings per share for the first half of 2015 were CNY 0.0852, a decrease of 14.11% compared to CNY 0.0992 in the same period last year[18]. - The weighted average return on net assets was 2.34%, down 0.45 percentage points from 2.79% in the previous year[18]. - The company's revenue for the first half of 2015 was RMB 2.076 billion, a decrease of 1.78% year-on-year, while the total profit was RMB 51.77 million[24]. - The net profit attributable to shareholders was RMB 54.66 million, with a net profit of RMB 48.07 million after deducting non-recurring gains and losses, representing a growth of 26.58% compared to the previous year[24]. - The gross profit margin for the company's products increased to 18.88%, up from 17.47% in the same period last year[26]. Cash Flow and Assets - The net cash flow from operating activities improved by 20.01%, reaching approximately -CNY 138.09 million compared to -CNY 172.64 million in the same period last year[20]. - The company's cash and cash equivalents decreased by 43.99% to RMB 973.93 million, primarily due to cash outflows from investment activities[32]. - The total assets at the end of the reporting period were approximately CNY 6.54 billion, a decrease of 1.11% from CNY 6.61 billion at the end of the previous year[20]. - The net assets attributable to shareholders increased by 0.76% to approximately CNY 2.33 billion from CNY 2.32 billion at the end of the previous year[20]. - The company's total current assets were CNY 4,664,335,505.28, down from CNY 4,772,547,761.84 at the start of the period, reflecting a decline of approximately 2.27%[115]. - The total non-current assets increased slightly to CNY 1,870,684,696.66 from CNY 1,835,570,811.20, indicating a growth of about 1.91%[117]. - The total liabilities decreased to CNY 3,802,226,028.75 from CNY 3,949,569,815.82, representing a reduction of approximately 3.73%[117]. Investments and R&D - Research and development expenses for the first half of 2015 amounted to RMB 178.05 million, a significant increase of 295.10% compared to RMB 45.06 million in the previous year[31]. - The company’s total investment during the reporting period was 106.09 million RMB, a decrease of 15.21% compared to the previous year[47]. - The company has committed CNY 19,360,000 for the construction of an information integration service platform under cloud computing, with actual investment matching the planned amount[56]. - The company achieved a revenue of CNY 1,437.29 million from the cloud computing project this year, with a cumulative revenue of CNY 31,423.91 million[58]. - The new generation information integration solution project generated a revenue of CNY 2,607.16 million this year, with a cumulative revenue of CNY 15,813.37 million[58]. Shareholder and Equity Information - The company reported a net profit attributable to shareholders of 95.13 million RMB for the year 2014, with a total distributable profit of 933.82 million RMB at the end of the year[65]. - The company plans to distribute a cash dividend of 0.62 RMB per 10 shares (including tax) based on the total share capital as of the dividend record date[65]. - The total number of shareholders reached 66,248 by the end of the reporting period[99]. - The total number of shares held by the top ten unrestricted shareholders amounts to 113,300,000 shares, with the largest shareholder being Wang Weihang[109]. - The company has not proposed any profit distribution or capital reserve transfer plan for the first half of 2015[66]. Stock Incentive Plan - The company’s board of directors approved the second phase of the equity incentive plan in April 2015, which was subsequently ratified by the shareholders[72]. - The company granted a total of 4,430,000 restricted stocks at a price of 15.848 CNY per share during the reporting period[77]. - The performance condition for the first unlock period requires a net profit growth rate of no less than 61% compared to the 2014 net profit of 46.6861 million CNY[79]. - The total number of equity instruments granted by the company this period is 2,700,000 stock options[80]. - The total number of equity instruments exercised this period is 5,136,000 stock options[80]. Guarantees and Liabilities - The total amount of guarantees provided by the company to subsidiaries during the reporting period is RMB 55,504.48 million[82]. - The total guarantee balance for subsidiaries at the end of the reporting period is RMB 54,004.48 million[82]. - The company provided a maximum procurement payment guarantee of RMB 70 million for its wholly-owned subsidiary in Hong Kong[83]. - The company provided a trade guarantee of RMB 30 million for its controlling subsidiary Beijing Feijie Information Technology Co., Ltd.[83]. Compliance and Governance - The company has maintained compliance with its commitments and has not violated any of its promises during the reporting period[86]. - The company has not changed its accounting firm, continuing to engage Deloitte Touche Tohmatsu Certified Public Accountants for 16 years[87]. - The financial statements were prepared based on the going concern assumption, reflecting the company's financial position as of June 30, 2015[160]. - The company has not reported any significant contracts or transactions during the reporting period[89].