深科技(000021) - 2018 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2018 was ¥8,264,991,735.06, representing a 15.00% increase compared to ¥7,186,882,218.68 in the same period last year[17]. - The net profit attributable to shareholders of the listed company decreased by 44.13% to ¥171,778,212.80 from ¥307,439,494.71 year-on-year[17]. - The net profit after deducting non-recurring gains and losses was ¥24,505,156.22, down 59.66% from ¥60,747,762.44 in the previous year[17]. - The net cash flow from operating activities was ¥140,360,575.28, a decline of 54.05% compared to ¥305,441,429.23 in the same period last year[17]. - Basic earnings per share decreased by 44.11% to ¥0.1168 from ¥0.2090 year-on-year[17]. - Operating costs increased by 17.40% to ¥7,937,731,364.85 from ¥6,761,275,315.95 year-on-year[50]. - The company reported a significant increase in intangible assets, which grew by 150.85% to ¥576,123,627.77 from ¥229,668,387.68 at the end of the previous year[51]. - The company reported a total of 955.76 million RMB in related party transactions during the reporting period, accounting for 0.03% to 0.05% of similar transactions[86]. Assets and Liabilities - Total assets at the end of the reporting period were ¥14,882,434,069.89, down 10.34% from ¥16,599,483,730.27 at the end of the previous year[17]. - As of the end of the reporting period, cash and cash equivalents amounted to ¥5,011,572,072.41, representing 33.67% of total assets, a decrease of 10.20% compared to the previous year[58]. - Accounts receivable stood at ¥1,619,511,511.62, accounting for 10.88% of total assets, down by 2.90% year-on-year[58]. - Inventory increased to ¥1,782,607,920.23, which is 11.98% of total assets, reflecting a rise of 3.85% compared to the previous year[58]. - Short-term borrowings were reported at ¥6,480,578,648.93, making up 43.55% of total assets, a decrease of 3.73% from the previous year[58]. - Total liabilities decreased from CNY 10.67 billion at the beginning of the year to CNY 8.94 billion at the end of the period, a reduction of approximately 16.5%[146]. - Current liabilities decreased from CNY 10.40 billion to CNY 8.71 billion, representing a decline of about 16.3%[146]. Investments and Strategic Initiatives - The company is actively investing in strategic emerging industries, including integrated circuit semiconductor packaging and testing, as well as new energy vehicle electronics[33]. - The company has invested in various sectors, including LED business and optical communication, to diversify its operations[25]. - The company plans to complete the first phase of the Shenzhen Technology City project by the end of 2020, which will enhance cash flow through leasing[34]. - The company plans to achieve mass production of its new energy vehicle battery packs in the second half of the year, tapping into a market projected to reach hundreds of billions by 2019[45]. - The company has invested USD 5 million in the UG-Technion Technology Fund to enhance its competitiveness and access cutting-edge technologies[114]. Operational Risks and Challenges - The company faces various operational risks and has outlined corresponding countermeasures in the report[4]. - The company expects to face risks and challenges in the second half of 2018 due to the complex and uncertain global economic environment[48]. - The company is focusing on optimizing its industrial structure through independent innovation and mergers and acquisitions[33]. - The company is investing in lower-cost regions to reduce labor costs and talent loss due to rising living expenses in Shenzhen[74]. Shareholder and Equity Information - The company did not distribute cash dividends or issue new shares during the reporting period[77]. - The total number of ordinary shareholders at the end of the reporting period was 110,762[124]. - The company’s major shareholder, China Electronics Information Industry Group, holds 44.51% of the shares, totaling 654,839,851 shares[124]. - The company’s share capital structure saw minor changes, with a total share count remaining at 1,471,259,363[120]. Environmental and Compliance Measures - The company has implemented effective pollution control measures and has achieved stable compliance with environmental standards[107]. - The company has established an emergency response plan for environmental incidents and conducted drills to enhance response capabilities[107]. Financial Reporting and Accounting Policies - The semi-annual financial report was not audited[137]. - The financial statements are prepared based on the going concern assumption, reflecting the company's financial position, operating results, and cash flows accurately[175]. - The accounting policies and estimates comply with the requirements of the enterprise accounting standards, ensuring a true and complete representation of the company's financial status[177].