北京君正(300223) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2018 was CNY 39,190,612.47, representing a 7.78% increase compared to CNY 36,360,876.54 in the same period last year[7]. - Net profit attributable to shareholders for Q1 2018 was CNY 2,968,093.35, a 44.69% increase from CNY 2,051,361.64 year-on-year[7]. - Basic earnings per share for Q1 2018 was CNY 0.0178, up 44.72% from CNY 0.0123 in the same period last year[7]. - The company reported total assets of CNY 1,166,181,416.86 at the end of the reporting period, a 0.81% increase from CNY 1,156,759,952.66 at the end of the previous year[7]. - The company reported a net profit of CNY 168,584,313.27, up from CNY 165,616,219.92, reflecting a growth of 1.8% in retained earnings[44]. - The total comprehensive income for the period was CNY 2,941,231.43, an increase of 43.7% from CNY 2,045,381.94 in Q1 2017[51]. - The gross profit margin improved to 37.5% in Q1 2018, compared to 30.5% in Q1 2017[54]. Cash Flow - The net cash flow from operating activities improved to CNY 4,192,816.09, a significant turnaround from a negative CNY 15,098,274.93 in the previous year, marking a 127.77% increase[7]. - The net cash flow from operating activities for the reporting period was 4.1928 million yuan, an increase of 127.77% compared to the same period last year, primarily due to increased cash received from sales and government subsidies[23]. - The net cash flow from investment activities was negative 13,746,181.90 CNY, an improvement from negative 142,015,679.11 CNY in the same period last year[59]. - The cash flow from sales of goods and services was 24,282,410.07 CNY, compared to 21,479,228.65 CNY in the previous year[61]. - The total cash inflow from operating activities was 66,567,347.39 CNY, compared to 49,726,146.41 CNY in the previous year[58]. Investment and Development - The company is focusing on expanding into key markets such as IoT, smart home, and smart video, expecting sustained revenue growth in these areas[10]. - The company is investing in new technology development, particularly in artificial intelligence, to capture market opportunities, despite the associated risks and uncertainties[10]. - The company is actively seeking investment and acquisition opportunities to strengthen its industry chain, while implementing risk control measures to mitigate potential investment failures[10]. - The company has shifted its R&D focus to the IoT sector, reflecting the evolving market trends and product diversification[33]. - The company has invested CNY 14,000 million in establishing Hefei Junzheng Technology Co., Ltd., with a 100% commitment[33]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 22,474[14]. - Liu Qiang holds 20.19% of shares, with 33,735,077 shares, of which 25,301,308 are pledged[14]. Accounts and Receivables - Total accounts receivable at the end of the period is 6.3564 million RMB, a decrease of 52% compared to the previous year[22]. - Other receivables at the end of the period is 1.7283 million RMB, a decrease of 61.13% compared to the previous year[22]. - Accounts payable at the end of the period is 6.7260 million RMB, an increase of 97.77% compared to the previous year[22]. - Prepayments at the end of the period is 5.8378 million RMB, an increase of 91.66% compared to the previous year[22]. Operating Expenses - Sales expenses for the reporting period are 2.0353 million RMB, an increase of 119.17% compared to the same period last year[22]. - Financial expenses for the reporting period are 48,300 RMB, an increase of 146.51% compared to the same period last year[22]. - Operating expenses increased to CNY 17,760,586.81, up 15.6% from CNY 15,361,821.79 in Q1 2017[50]. Tax and Other Income - Income tax expenses for the reporting period are 403,900 RMB, a decrease of 58.59% compared to the same period last year[22]. - The company incurred a tax expense of CNY 403,860.62, down from CNY 975,157.93 in Q1 2017, indicating a decrease of 58.7%[50]. - Other income increased to CNY 4,852,401.76, compared to CNY 2,491,944.27 in the same period last year, showing a growth of 94.8%[50].