WISCOM(SZ:002090)2015-08-17 16:00Financial Performance - The company's operating revenue for the first half of 2015 was ¥565,975,224.64, representing a 4.04% increase compared to ¥543,981,451.96 in the same period last year[20]. - The net profit attributable to shareholders was ¥80,678,942.93, a significant increase of 121.72% from ¥36,387,198.37 year-on-year[20]. - The net profit after deducting non-recurring gains and losses was ¥39,040,371.18, up 37.53% from ¥28,386,130.53 in the previous year[20]. - The basic earnings per share rose to ¥0.3881, reflecting a 117.54% increase compared to ¥0.1784 in the same period last year[20]. - The company achieved a total operating revenue of 565.9752 million yuan, representing a year-on-year growth of 4.04%[28]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, increased by 37.53% compared to the same period last year[28]. - The company reported a net profit of 694.98 million CNY for the first half of 2015, with total assets of 8,944.14 million CNY and net assets of 6,523.82 million CNY[94]. - The company reported a significant increase in retained earnings, which reached CNY 271,257,421.51, compared to CNY 234,524,182.29, reflecting a growth of 15.6%[146]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,040,565,258.39, marking a 23.72% increase from ¥1,649,401,916.30 at the end of the previous year[20]. - The net assets attributable to shareholders increased by 36.31% to ¥983,071,719.20 from ¥721,209,002.66 at the end of the previous year[20]. - The company's total assets at the end of the reporting period were CNY 1,334,905,921.27, compared to CNY 1,141,652,831.17 at the beginning of the year, indicating a growth of 16.9%[145]. - Total liabilities increased to CNY 454,237,262.45 from CNY 513,606,031.39, showing a decrease of 11.5%[146]. - The equity attributable to shareholders of the parent company rose to CNY 880,668,658.82, up from CNY 628,046,799.78, marking an increase of 40.1%[146]. Cash Flow - The company reported a net cash flow from operating activities of -¥48,628,099.24, an improvement of 11.33% compared to -¥54,840,846.84 in the same period last year[20]. - Cash flow from financing activities saw a significant increase of 3,231.35%, reaching ¥381,767,654.56, primarily due to the completion of a non-public stock issuance[44]. - The net cash flow from financing activities was 154,725,098.56 CNY, a recovery from -37,922,651.96 CNY in the previous year[160]. - The total cash inflow from financing activities reached 370,499,984.72 CNY, compared to 169,514,172.38 CNY in the prior period[160]. Investments and Acquisitions - The company completed the registration of capital changes due to the implementation of the first phase of the stock option incentive plan, increasing total shares from 204 million to 207.8775 million[17]. - The company has completed the acquisition of a 5 MW solar power station in Bulgaria, expanding its operational scale in the region[36]. - The company acquired a 10% stake in Nanjing Urban Construction Tunnel Management Co., with a transaction price of 7.1673 million yuan, which is expected to enhance collaboration in multiple fields within smart city development[79]. - The company completed the acquisition of a 51% stake in Lingbu Technology Group Co., with a transaction price of 2 million yuan, aimed at expanding its capabilities in power quality monitoring and distribution automation[80]. - The company paid 26.3933 million yuan for the acquisition of a 100% stake in Resen Solar EOOD, which operates a 5MW photovoltaic power station in Bulgaria, expected to contribute positively to the company's profits[80]. Research and Development - Research and development investment increased to ¥48,673,869.32, a rise of 3.97% from ¥46,816,532.46 in the previous year[44]. - The company is actively expanding its smart grid and smart city business areas, with significant R&D achievements in intelligent measurement and control devices[29]. - The company is leveraging big data and cloud services to support the construction of smart cities, addressing urban issues such as waste management and parking difficulties[39]. Market and Competition - The company is facing increasing competition in the electric grid automation sector, necessitating a focus on differentiated technology and product development strategies[37]. - The company is actively expanding its presence in Southeast Asia and other overseas markets to enhance its electrical automation business for power plants and industrial enterprises[38]. Stock and Shareholder Information - The company completed a non-public offering of 18,440,904 new shares, raising a total of CNY 219.99 million, with a net amount of CNY 212.09 million after deducting issuance costs[113]. - The total number of shares increased from 207,877,500 to 226,318,404, resulting in a new shareholding structure where the proportion of restricted shares rose from 7.94% to 15.44%[121]. - The company had a total of 18,576 common shareholders at the end of the reporting period[125]. - Jiangsu Jinzhi Group held 38.58% of the shares, with a reduction of 9,600,000 shares during the reporting period[125]. Related Party Transactions - The total amount of daily related party transactions for 2015 is expected to exceed 96 million yuan, with actual transactions during the reporting period not exceeding this limit[91]. - The company has established a good business relationship with related parties, facilitating procurement channels for its operations[91]. - The company has adhered to market pricing principles in its related party transactions, ensuring compliance with regulatory requirements[90]. Compliance and Governance - The half-year financial report was not audited[111]. - The company has not reported any significant discrepancies between transaction prices and market reference prices during the reporting period[91]. - The company has not engaged in any asset acquisition or disposal related party transactions during the reporting period[92].