ST路通(300555) - 2018 Q2 - 季度财报

Financial Performance - Total revenue for the first half of 2018 was CNY 178,319,960.40, a decrease of 0.80% compared to CNY 179,766,201.09 in the same period last year[19]. - Net profit attributable to shareholders was CNY 10,721,581.93, down 49.00% from CNY 21,021,846.24 year-on-year[19]. - Net profit after deducting non-recurring gains and losses was CNY 7,911,276.94, a decrease of 47.39% compared to CNY 15,036,916.40 in the previous year[19]. - The total profit for the reporting period was CNY 11.11 million, down 55.07% year-on-year[27]. - The company's gross profit decreased by CNY 10.55 million, representing a year-on-year decline of 20.31% due to intensified industry competition and rising costs[28]. - The company's comprehensive gross profit margin is 23.22%, a decrease of 5.68 percentage points compared to the same period last year[75]. - The total comprehensive income for the current period is ¥10,809,341.75, down from ¥21,592,139.52 in the previous period[142]. Cash Flow and Liquidity - The net cash flow from operating activities improved to CNY -50,344,567.10, a 36.12% increase from CNY -78,813,563.93 in the same period last year[19]. - Cash flow from operating activities shows a net outflow of ¥50,344,567.10, improving from a net outflow of ¥78,813,563.93 in the previous period[146]. - Cash flow from investing activities surged by 447.08% to $83.91 million, primarily due to increased redemptions of financial products[46]. - The net increase in cash and cash equivalents was $15.37 million, a 123.12% improvement compared to the previous year[46]. - The company's cash and cash equivalents increased significantly to CNY 29,519,256.67 from CNY 13,519,311.60, marking a growth of 118.5%[132]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 807,260,339.16, a decrease of 1.31% from CNY 817,944,015.88 at the end of the previous year[19]. - Total liabilities decreased to ¥169,443,034.20 from ¥179,974,475.54, showing a decline of about 5.9%[129]. - The company's total equity slightly decreased to ¥637,817,304.96 from ¥637,969,540.34, a drop of approximately 0.02%[130]. - The company's accounts receivable net value is 414.57 million RMB, which is significant due to the characteristics of settlement in the broadcasting industry[76]. Shareholder Information - The total number of shares remains at 200 million, with a slight decrease in restricted shares[108]. - The total number of ordinary shareholders at the end of the reporting period was 18,560[111]. - The largest shareholder, Wuxi Jinghong Investment Consulting, holds 10.46% of shares, totaling 20,917,750 shares[112]. - The company has a total of 107,236,325 restricted shares at the beginning of the period, with 251,437 shares released during the period, resulting in 106,984,888 restricted shares at the end[109]. Research and Development - The company holds a total of 70 patents and 66 software copyrights, reflecting its strong R&D capabilities[31]. - The company has increased its R&D investment to enhance core competitiveness and has developed several new products in response to market demands[39]. - Research and development expenses were $7.88 million, down 13.78% year-over-year[46]. Market and Business Strategy - The company has introduced new solutions for smart community, emergency broadcasting, and rural e-commerce to capture market opportunities[32]. - The company has actively engaged in technology service outsourcing and value-added application services in the broadcasting network sector[32]. - The company has expanded its marketing network with localized service agencies in 14 cities, enhancing its ability to meet the customized service needs of broadcasting network operators[36]. - The company plans to focus on market expansion and new product development to drive future growth[137]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements made in the report[5]. - The company is facing risks related to the reliance on imported core components, which may affect production and cost due to supply chain issues[78]. - The company is actively working on the re-certification of its high-tech enterprise status to maintain tax benefits[77]. Corporate Governance - The company has not engaged in derivative investments or entrusted loans during the reporting period[67][69]. - There were no major litigation or arbitration matters during the reporting period[88]. - The half-year financial report has not been audited[85]. - The company has not implemented any employee incentive plans during the reporting period[90].