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迪生力(603335) - 2017 Q2 - 季度财报
DcentiDcenti(SH:603335)2017-08-27 16:00

Financial Performance - The company's operating revenue for the first half of 2017 was CNY 440,175,684.32, representing an increase of 11.42% compared to CNY 395,045,372.82 in the same period last year[18]. - The net profit attributable to shareholders of the listed company decreased by 10.29% to CNY 30,077,156.52 from CNY 33,525,864.98 in the previous year[18]. - The net cash flow from operating activities was CNY 47,098,400.13, an increase of 4.88% compared to CNY 44,907,153.56 in the same period last year[18]. - The company's operating revenue for the current period is CNY 440,175,684.32, representing an increase of 11.42% compared to CNY 395,045,372.82 in the same period last year[31]. - The net cash flow from operating activities increased by 4.88% to CNY 47,098,400.13, up from CNY 44,907,153.56 in the previous year[31]. - The company reported a net profit of CNY 51,552,218.39 for the first half of 2017, compared to CNY 43,971,517.76 in the same period last year, indicating a year-on-year increase of 17.9%[76]. - The total comprehensive income for the first half of 2017 was CNY 32.30 million, down from CNY 38.00 million, indicating a decline of 15.1%[77]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 883,455,001.36, up 27.83% from CNY 691,117,107.02 at the end of the previous year[18]. - The total assets as of June 30, 2017, were CNY 790,780,714.63, an increase from CNY 599,265,873.22 at the beginning of the year[75]. - Total liabilities decreased to CNY 263,602,894.97 from CNY 303,495,107.82, showing a reduction of about 13.1%[70]. - The company’s non-current assets totaled CNY 222,357,002.85, down from CNY 235,729,201.77, a decrease of approximately 5.7%[70]. - The company’s total equity position improved, reflecting a stronger financial foundation for future growth[70]. Shareholder Information - The total number of ordinary shareholders reached 60,749 by the end of the reporting period[54]. - The total number of shares increased from 190,000,000 to 253,340,000, reflecting an increase of 63,340,000 shares[53]. - The largest shareholder, Jiangmen Lihong Investment Co., Ltd., holds 7,315,000 shares, representing 28.87% of the total shares[56]. - Foreign investment accounts for 31.5% of the total shares, with 59,850,000 shares held by foreign investors[52]. Cash Flow and Financing Activities - The company achieved a significant increase in cash flow from financing activities, amounting to CNY 180,392,712.49, compared to a negative cash flow of CNY 25,639,907.90 in the previous year, marking an increase of 803.56%[31]. - The net cash flow from financing activities was 180,392,712.49 RMB, a significant increase compared to the previous period's negative cash flow of -25,639,907.90 RMB[83]. - The ending balance of cash and cash equivalents was 230,084,406.97 RMB, a significant increase from 19,438,354.42 RMB at the end of the previous period[83]. Research and Development - The company continues to invest in R&D to enhance technological competitiveness and develop new products and processes[30]. - The company's research and development expenditure rose by 9.54% to CNY 6,188,146.48, up from CNY 5,649,113.08 in the previous year[31]. - The company has been recognized as a Guangdong Provincial Engineering Technology Research Center, indicating its commitment to technological advancement[26]. Risk Management - The report includes a detailed description of potential risks faced by the company in the discussion and analysis section[5]. - The company faces risks related to raw material price fluctuations, particularly for aluminum ingots, which have shown signs of price increases in 2017[37]. - The company reported a foreign exchange loss of CNY 7,166,700.00, highlighting the impact of currency fluctuations on its operations[38]. Corporate Governance - The company did not have any profit distribution plan or capital reserve transfer to share capital plan during the reporting period[4]. - There were no non-operating fund occupation situations by controlling shareholders and their related parties[5]. - The company has no major litigation or arbitration matters during the reporting period[45]. - There are no significant related party transactions reported during the half-year period[47]. - The company has not implemented any employee stock ownership plans or other incentive measures during this reporting period[46]. Accounting Policies - The financial statements are prepared based on the going concern principle, indicating no significant issues affecting the company's ability to continue operations for at least 12 months[101]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that its financial reports accurately reflect its financial position and operating results[103]. - The company has not reported any significant write-offs of accounts receivable during the period[200]. Taxation - The company applies a 17% VAT rate on taxable sales and services, with a corporate income tax rate of 15%[189]. - The company has various income tax rates applicable in different jurisdictions, including a federal income tax rate of 15%-35% in the US and 38% in Canada[190]. - The company assesses the recoverability of deferred tax assets based on the likelihood of generating sufficient taxable income in the future[183].