兆日科技(300333) - 2018 Q2 - 季度财报

Research and Development - The company is actively exploring research and transformation directions in financial information security and payment security, with a clear strategy in financial ticket anti-counterfeiting and corporate mobile payment communication and security[5]. - The company has significantly increased its R&D investment and management expenses, which may negatively impact performance due to rising costs[6][7]. - The company is focusing on technology innovation to enhance its main business revenue and improve profitability, aiming for sustainable development[8]. - The company maintains a focus on R&D in the fields of anti-counterfeiting technology and secure mobile payment systems, with a commitment to innovation and quality management[30]. - The company's R&D investment was 24.96 million yuan, accounting for approximately 23.08% of operating revenue, with management expenses increasing by 12.26% year-on-year[41]. - The company is committed to enhancing its talent pool through training and recruitment to support its research and development efforts[87]. - The company is exploring the application of paper texture anti-counterfeiting technology in other financial technology innovation fields[63]. Financial Performance - Total revenue for the reporting period was ¥108,139,349.06, an increase of 6.92% compared to ¥101,138,454.67 in the same period last year[23]. - Net profit attributable to shareholders decreased by 28.35% to ¥12,213,946.33 from ¥17,047,655.53 year-on-year[23]. - Net profit after deducting non-recurring gains and losses fell by 62.41% to ¥5,719,603.31 from ¥15,214,042.80 in the previous year[23]. - Basic and diluted earnings per share decreased by 28.21% to ¥0.0364 from ¥0.0507 year-on-year[23]. - The company's total profit for the reporting period was 29.05 million yuan, a decrease of 6.07% year-on-year[41]. - The company reported a total share count of 336,000,000, with 330,895,067 shares being unrestricted, accounting for 98.48% of total shares[119]. - The company reported a total revenue of 128,651,931.86 CNY for the first half of 2018, with a net profit of 1,020,027.36 CNY[83]. - The net profit attributable to the parent company was CNY 12,213,946.33, compared to CNY 17,047,655.53 in the same period last year, a decline of about 28.5%[147]. - The total profit for the first half of 2018 was CNY 29,054,859.35, down from CNY 30,932,146.42, a decrease of about 6.1%[146]. Cash Flow and Investments - Net cash flow from operating activities improved significantly to ¥6,881,925.42, a 135.78% increase from -¥19,232,314.15 in the same period last year[23]. - Investment activities generated a net cash flow of 69,848,499.21, a substantial increase of 355.36% compared to the previous year, attributed to changes in the amount invested in financial products[47]. - The total amount of cash and cash equivalents increased by 36,447,193.80, marking a 147.89% improvement compared to the previous year[48]. - The net cash flow from operating activities was 6,881,925.42 CNY, a significant improvement compared to a net outflow of 19,232,314.15 CNY in the previous period[154]. - Cash inflow from investment activities totaled 414,183,718.63 CNY, compared to 232,164,315.07 CNY in the prior period, indicating a 78.3% increase[155]. - The company received 406,830,000.00 CNY from investment recoveries, significantly higher than 230,000,000.00 CNY in the previous period, marking a 76.8% increase[158]. Market Strategy and Competition - The company plans to adopt more proactive and flexible marketing strategies to expand market share and maintain industry leadership amid intensified competition in traditional electronic payment systems[8]. - The company is experiencing intensified market competition in traditional electronic payment password systems, necessitating more aggressive marketing strategies to maintain market share[87]. - The company's marketing expenses increased by 8.76% year-on-year, reflecting its commitment to promoting new products and the Zhaori brand[41]. Dividend and Shareholder Information - The company will not distribute cash dividends, issue bonus shares, or increase capital using reserves[9]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[91]. - The profit distribution for the current period included a distribution to owners (or shareholders) amounting to -40,320,000.00 CNY[164]. Assets and Liabilities - Total assets at the end of the reporting period were ¥864,033,391.29, a decrease of 3.16% from ¥892,198,221.54 at the end of the previous year[23]. - Total liabilities decreased from CNY 32,140,696.07 to CNY 22,722,751.50, a decline of about 29.2%[138]. - The total equity attributable to shareholders decreased from CNY 854,900,150.98 to CNY 826,794,097.31, a decrease of approximately 3.3%[139]. Corporate Governance and Compliance - The company did not engage in any major litigation or arbitration matters during the reporting period[98]. - There were no significant related party transactions or major contracts during the reporting period[102][111]. - The company has not implemented any employee incentive plans or stock ownership plans during the reporting period[101]. - The company and its controlling shareholders did not have any significant integrity issues during the reporting period[100]. - The financial report for the first half of the year was not audited[96]. Subsidiaries and Contributions - The subsidiary Beijing Zhaori Technology Co., Ltd. contributed significantly to the net profit, accounting for over 10% of the company's total net profit[82]. - The total assets of Beijing Zhaori Technology Co., Ltd. were reported at 108,798,455.79 CNY, with net assets of 58,716,807.76 CNY[83]. - The subsidiary Nantong Zhaori Microelectronics Co., Ltd. reported an operating income of 30,251,377.71 CNY[83]. Financial Management and Strategy - The company is focusing on investments in currency market tools and bonds as part of its financial strategy[75]. - The company has a total of 4,500 million in self-owned funds with a guaranteed floating return of 4.75%[75]. - The company has not reported any expected impairment or inability to recover principal from entrusted financial management[79].