威尔泰(002058) - 2015 Q2 - 季度财报

Financial Performance - The company reported a revenue of CNY 40,088,461.26, a decrease of 13.71% compared to the same period last year[18]. - The net profit attributable to shareholders was CNY -6,473,228.71, representing a decline of 627.60% year-over-year[18]. - The basic earnings per share were CNY -0.045, down 650% from the previous year[18]. - The company's operating profit was CNY -743,580, a decrease of 148.12% year-over-year[25]. - The overall economic environment remains challenging, impacting customer demand and company performance[25]. - The revenue from the subsidiary, Dato Instrument, fell by 29.24% year-on-year to ¥414,730.00, impacting the overall performance significantly[26]. - The company reported a net loss of 5,182,619 CNY for its subsidiary, Shanghai Weitai Instrument Co., Ltd., with total assets of 202,415,986 CNY[52]. - The estimated net profit for the first three quarters of 2015 is projected to be between -7.5 million and -5.5 million RMB, compared to a profit of 610,400 RMB in the same period of 2014[54]. - The net profit attributable to shareholders for the first half of 2015 was -6.4732 million RMB, indicating a significant decline in performance due to weak downstream market demand[54]. - The company reported an operating loss of CNY 7,435,820.50, compared to a loss of CNY 2,996,814.25 in the previous year, indicating a significant decline in performance[115]. - Net profit for the first half of 2015 was CNY -6,989,678.73, compared to CNY -1,360,675.45 in the same period last year, reflecting a worsening financial situation[116]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 225,231,763.30, a decrease of 5.36% from the end of the previous year[18]. - The total equity attributable to shareholders decreased from CNY 196,393,005.37 to CNY 187,050,810.02, a decline of approximately 4.9%[108]. - The company's total liabilities decreased from CNY 37,262,573.77 to CNY 34,358,854.77, a decrease of about 5.1%[107]. - The total current assets remained relatively stable, decreasing slightly from CNY 101,852,889.08 to CNY 101,281,430.67[110]. - The company's cash and cash equivalents decreased from CNY 27,908,713.51 to CNY 24,295,676.13, a decline of about 9.4%[110]. - Accounts receivable increased to ¥39,439,749.46 from ¥36,976,921.60, indicating a growth of approximately 12.5%[105]. - Inventory levels rose to ¥50,394,326.80, compared to ¥41,187,155.17 at the start of the period, reflecting an increase of about 22.5%[105]. - The company's total liabilities decreased from CNY 37,262,573.77 to CNY 34,358,854.77, a decrease of about 5.1%[107]. Cash Flow - The operating cash flow was CNY -12,304,422.16, which is a 12.99% increase in negative cash flow compared to the same period last year[18]. - The net cash flow from operating activities was -12,304,422.16 yuan, compared to -10,890,302.99 yuan in the previous period, indicating a decline in operational cash flow[123]. - Total cash outflow from operating activities amounted to 51,827,433.72 yuan, down from 64,548,008.89 yuan year-over-year[123]. - The company reported a net cash flow from financing activities of -3,003,049.81 yuan, slightly worse than -2,996,092.02 yuan in the previous period[124]. - The ending balance of cash and cash equivalents was 63,752,702.55 yuan, a decrease from 46,986,067.83 yuan year-over-year[124]. - Cash inflow from sales of goods and services was 13,760,648.56 yuan, significantly higher than 6,250,019.82 yuan in the previous period[126]. - The total cash outflow for operating activities was 15,527,160.85 yuan, down from 25,879,028.08 yuan year-over-year[126]. Investment and Development - Research and development investment increased by 27.28% year-on-year to ¥2,707,383.57, indicating a focus on innovation despite declining sales[28]. - The total amount of funds raised through the IPO was ¥92,947,600, with ¥54,407,300 already invested in the new sensor production base project[43]. - The company has completed the capacity construction for 35,000 pressure sensors, while the electromagnetic flow sensor part is still under development due to insufficient market expansion and sales orders[43]. - The company plans to invest 20.8 million CNY in purchasing 26 acres of land for future projects, with 15.08 million CNY allocated for constructing production facilities[46]. - The company has committed a total investment of 9,294.76 million CNY, with 5,440.73 million CNY already invested, achieving 58.5% of the planned investment[46]. Shareholder and Dividend Information - The company did not declare any cash dividends or stock bonuses for the reporting period[5]. - The company plans to distribute a cash dividend of 0.2 RMB per share, totaling approximately 2.87 million RMB, based on a total share capital of 143,448,332 shares[56]. - The company will not distribute cash dividends or issue new shares in the first half of 2015[58]. - The profit distribution to shareholders amounted to CNY 2,868,966.64, indicating a reduction in retained earnings[135]. Compliance and Governance - There were no major litigation or arbitration matters during the reporting period[62]. - The company did not engage in any asset acquisitions or sales during the reporting period[64][65]. - There were no significant related party transactions reported during the period[73]. - The company has not implemented any stock incentive plans during the reporting period[68]. - The semi-annual financial report was not audited[84]. - The company’s cash dividend policy complies with its articles of association and shareholder resolutions[57]. Accounting Policies and Standards - The financial statements are prepared based on the going concern principle, reflecting the company's financial status, operating results, and cash flows accurately[150]. - The company follows specific accounting policies for receivables, inventory measurement, fixed asset classification, and R&D expense capitalization[149]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring compliance and transparency in financial reporting[150]. - The company does not apply the balance percentage method for bad debt provisions, indicating a focused approach on significant receivables[168].