新迅达(300518) - 2018 Q2 - 季度财报

Financial Performance - Total revenue for the first half of 2018 was CNY 183,398,015.63, representing an increase of 87.18% compared to CNY 97,978,675.82 in the same period last year[21]. - Net profit attributable to shareholders decreased by 96.02% to CNY 1,777,589.37 from CNY 44,609,066.53 year-on-year[21]. - The net profit after deducting non-recurring gains and losses was CNY -5,134,883.34, a decline of 111.90% compared to CNY 43,136,128.40 in the previous year[21]. - Basic earnings per share fell by 96.02% to CNY 0.0190 from CNY 0.4779 year-on-year[21]. - The company achieved operating revenue of CNY 183.40 million, an increase of 87.18% compared to the same period last year[35]. - Net profit attributable to shareholders was CNY 1.78 million, a decrease of 96.02% year-on-year[35]. - Revenue from mobile software licensing and entrusted development was CNY 49.96 million, accounting for 27.24% of total revenue, down 40.96% year-on-year[35]. - Game operation revenue increased to CNY 34.96 million, a growth of 1,692.18% compared to the previous year[36]. - Internet performance service revenue reached CNY 13.18 million, up 101.39% year-on-year[36]. - Telecom business revenue was CNY 82.08 million, representing 44.75% of total revenue[36]. Cash Flow and Assets - The net cash flow from operating activities was CNY -28,793,889.44, a decrease of 202.25% from CNY 28,159,514.76 in the same period last year[21]. - Total assets at the end of the reporting period were CNY 1,483,378,819.50, a slight increase of 0.38% from CNY 1,477,829,999.29 at the end of the previous year[22]. - Cash and cash equivalents rose by CNY 32,789,100, an increase of 12.08%, mainly from the redemption of financial products[30]. - Accounts receivable increased by CNY 11,908,500, a growth of 10.85%, driven by revenue growth in telecommunications and gaming operations[31]. - Total cash inflow from operating activities was 179,403,796.02 CNY, compared to 108,704,095.32 CNY in the previous period, indicating a 65% increase[140]. - Cash and cash equivalents at the end of the period amounted to 302,591,986.64 CNY, compared to 466,509,002.67 CNY at the end of the previous period, reflecting a decrease of 35%[142]. Investment and Development - The company plans to enhance product development efficiency to adapt to rapid market changes and consumer interests[29]. - The company plans to continue expanding its mobile internet-related businesses while maintaining its focus on game development[35]. - The company plans to expand its market presence and invest in new product development, particularly in telecom and gaming sectors[42]. - The company has cumulatively invested ¥16.84 million of the raised funds, with ¥9.73 million allocated to mobile game product development and ¥7.11 million to cross-platform game operations[56]. - The company’s investment in the construction of the Shengxunda Building reached ¥181.81 million, with 91.45% of the project completed[54]. Risks and Challenges - The company faces risks related to new product development, market competition, and core personnel retention[5][6][7]. - The company anticipates risks in new product development due to rapid market changes and competition in the mobile gaming industry[69]. - The company emphasizes the importance of retaining high-quality talent to maintain its competitive edge in game development[70]. Governance and Compliance - The company plans to enhance its governance structure and operational mechanisms to ensure smooth implementation of business plans[70]. - The company has committed to complying with national laws and regulations in its game development and operations[70]. - The company has not reported any major asset or equity sales during the reporting period[64][65]. - The company has not engaged in derivative investments or entrusted loans during the reporting period[63]. - There were no major litigation or arbitration matters during the reporting period[80]. Shareholder Information - The total number of shares outstanding is 93,340,000, with 49.87% being restricted shares[99]. - The largest shareholder, Chen Yongrui, holds 44.76% of the shares, totaling 41,779,152 shares, which are currently pledged[103]. - The company has a total of 13,226 common shareholders at the end of the reporting period[103]. Financial Reporting and Standards - The half-year financial report was not audited[78]. - The financial statements are prepared based on the accrual basis of accounting, in accordance with the relevant accounting standards[157]. - The company operates under the Chinese accounting standards and adheres to the relevant disclosure regulations[160]. - The company has not changed its consolidation scope during the reporting period, which includes six subsidiaries[156].