北京君正(300223) - 2016 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2016 was ¥14,183,816.04, an increase of 4.46% compared to ¥13,578,848.25 in the same period last year[7] - Net profit attributable to shareholders was -¥3,346,243.32, a decrease of 39.76% from -¥2,394,329.43 year-on-year[7] - The company achieved total operating revenue of RMB 14.18 million, a year-on-year increase of 4.46%[21] - The net profit for the period was -RMB 3.35 million, a year-on-year decrease of 46.96%, with the net profit attributable to shareholders of the parent company also at -RMB 3.35 million, down 39.76%[21] - Operating profit for the current period was -¥4,831,112.31, compared to -¥3,420,826.05 in the previous period[45] - Net profit for the current period was -¥3,346,243.32, worsening from -¥2,276,951.16 in the previous period[45] Cash Flow - Net cash flow from operating activities was -¥28,948,359.07, a significant decline of 2,584.97% compared to ¥1,164,939.99 in the previous year[7] - The net cash flow from operating activities for the period was -¥28,948,359.07, a decrease of 2,584.97% compared to the same period last year, mainly due to increased cash payments for goods and services[20] - Operating cash flow for the company was negative at -¥28,948,359.07, a decline from a positive cash flow of ¥1,164,939.99 in the previous year, reflecting increased operational costs[53] - Cash and cash equivalents at the end of the period stood at ¥50,021,077.93, an increase from ¥43,400,406.14 at the beginning of the period, despite the negative cash flow from operations[54] - The cash outflow for operating activities was ¥53,801,469.61, compared to ¥25,817,455.18 in the previous year, reflecting increased operational expenditures[53] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,110,223,041.56, down 1.43% from ¥1,126,307,071.49 at the end of the previous year[7] - The total current assets decreased to ¥883,725,703.93 from ¥900,654,058.71, indicating a decline of about 1.9%[36] - The total liabilities decreased significantly from ¥36,831,264.23 to ¥24,094,316.77, a reduction of about 34.7%[38] - Total assets decreased from ¥1,126,307,071.49 to ¥1,110,223,041.56, showing a decline of approximately 1.4%[39] Investment and R&D - The company continued to invest in core technology R&D, including Xburst2 CPU core and VPU, enhancing its SOC design capabilities[22] - The company made a capital increase of RMB 3 million in Shenzhen Shengyao Microelectronics, acquiring a 20% stake, and RMB 3 million in Shenzhen Pude Technology for a 4.29% stake[23] - The company is actively seeking new market opportunities, particularly in smart wearable devices and IoT applications, which are crucial for future growth[9] - The "Mobile Internet Terminal Application Processor Chip R&D and Industrialization Project" has incurred a cumulative loss of RMB 46.0502 million due to market expansion challenges[29] Management and Strategy - The company plans to enhance its investment and acquisition strategies while managing associated risks to ensure healthy development[10] - The company will focus on improving cost management and increasing product sales to maintain profitability amid declining gross margins[10] - The company has implemented management training and improved management systems to enhance overall management levels[23] - The company is focusing on expanding its marketing system and increasing market promotion efforts in response to product demand in hot markets like IoT and smart home[22] Market and Product Development - The company faces risks related to product development, including the need for continuous innovation to meet market demands[9] - The company is developing next-generation solutions based on market demand, indicating a proactive approach to innovation[22] - The company has maintained stable sales revenue in its existing application areas, with new markets still in the early stages of development[21] Fundraising and Financial Management - The total amount of raised funds is RMB 825.661 million, with RMB 11.3697 million invested in the current quarter[28] - Cumulative amount of raised funds invested is RMB 339.5965 million, which is 41.2% of the total raised funds[28] - The company has not changed the use of raised funds in the current quarter, maintaining a focus on original project commitments[28] - The company reported a balance of unused raised funds of ¥36,151.10 million, with part of it placed in special accounts and part used for purchasing bank principal-protected financial products[30] Other Financial Metrics - The weighted average return on equity was -0.31%, slightly down from -0.23% in the previous year[7] - The income tax expense for the period was ¥812,376.18, an increase of 113.84% compared to the same period last year, mainly due to an increase in deferred income tax expenses[19] - Basic and diluted earnings per share were both -¥0.0201, compared to -¥0.0144 in the previous period[46] - The company reported a significant increase in cash inflow from investment activities, primarily due to cash recovered from investments totaling ¥858,562,164.73[53]