Huijin(SZ:300368)2016-08-17 16:00Financial Performance - Total operating revenue for the first half of 2016 was CNY 149,315,077.29, representing a 1.69% increase compared to CNY 146,828,713.79 in the same period last year[18]. - Net profit attributable to shareholders of the listed company was a loss of CNY 15,192,172.54, a decline of 186.29% from a loss of CNY 5,306,578.36 in the previous year[18]. - Basic earnings per share decreased to CNY -0.0279 from CNY -0.0107, reflecting a decline of 160.63%[18]. - The company achieved operating revenue of 149.32 million yuan, a year-on-year increase of 1.69%[29]. - The net profit attributable to shareholders was -15.19 million yuan, indicating a decline in performance due to intensified market competition and reduced software development contracts[29]. - The total profit for the current period was -¥24,499,173.49, worsening from -¥1,030,405.11 in the previous period[126]. - The company reported an operating profit of -¥29,032,445.24, compared to -¥2,926,889.61 in the previous period, indicating a deeper loss[126]. - The company reported a total comprehensive income of 76,935,178.38 CNY for the current period, reflecting a strong performance[144]. Cash Flow and Investments - The net cash flow from operating activities was a negative CNY 107,695,266.29, which is a 36.20% increase in cash outflow compared to CNY 79,070,885.44 in the same period last year[18]. - The company reported a net cash flow from operating activities of -107.70 million yuan, a decrease of 36.20% compared to the previous year, primarily due to increased cash payments for purchases and employee compensation[30]. - Cash inflows from operating activities totaled ¥189,238,665.98, up from ¥135,158,956.25 in the previous period[133]. - The net cash flow from investment activities was -103,000,756.05, compared to -14,642,687.62, indicating increased investment expenditures[134]. - The total cash inflow from investment activities was 105,978,529.90, up from 40,210.00 in the previous period, showing significant improvement in investment cash inflows[134]. - The company received 41,440,000.00 in cash from minority shareholders' investments, significantly higher than 2,000,000.00 in the previous period[135]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,461,980,397.47, a 0.56% increase from CNY 1,453,893,207.08 at the end of the previous year[18]. - Total current assets decreased from 707,149,023.97 to 612,822,851.99, a decline of approximately 13.3%[118]. - Total liabilities rose from 268,507,949.54 to 274,778,648.19, an increase of approximately 2%[119]. - The company's cash and cash equivalents decreased from 375,435,002.15 to 232,420,787.64, a drop of around 38.1%[117]. - The total non-current assets increased from 746,744,183.11 to 849,157,545.48, an increase of approximately 13.7%[118]. - The total equity attributable to shareholders decreased from 1,031,550,584.46 to 1,009,047,368.94, a decline of about 2.2%[120]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company distributed a cash dividend of ¥0.4 per share (including tax) to all shareholders based on a total share capital of 271,974,287 shares as of December 31, 2015[60]. - The company increased its total share capital to 543,948,574 shares after implementing a capital reserve conversion plan, distributing 10 additional shares for every 10 shares held[97]. - The total number of shareholders at the end of the reporting period is 48,824[104]. - The largest shareholder, Shijiazhuang Xinhui Jin Investment Co., Ltd., holds 192,981,600 shares, representing 35.48% of the total shares[104]. - The company has a total of 14 subsidiaries, with varying ownership percentages, indicating a diversified operational structure[158]. Research and Development - Research and development investment increased by 77.93% to 27.24 million yuan, reflecting a commitment to innovation and product development[30]. Market Position and Strategy - The company is actively upgrading its self-service product series and accelerating its layout in the internet finance industry to meet diverse customer demands[41]. - The financial equipment market is experiencing rapid growth, with traditional financial institutions needing to enhance their operational models and services to adapt to new technologies[39]. - The company maintains a leading market share in cash handling machines and virtual counters, leveraging its technological advantages[40]. Compliance and Governance - The company has committed to not interfering with the management activities or infringing on the company's interests[91]. - The company has a strong organizational structure with a board of directors consisting of 9 members, ensuring effective governance[157]. - The financial report is prepared based on the assumption of continued operations, adhering to relevant accounting standards[159]. Accounting Policies - The financial statements are prepared in Renminbi (RMB) yuan[116]. - The company uses Renminbi (RMB) as its functional currency for accounting purposes[165]. - The company follows specific accounting treatments for mergers under common control and non-common control, ensuring proper recognition of assets and liabilities[166][168].