东晶电子(002199) - 2015 Q2 - 季度财报

Financial Performance - The company achieved total revenue of CNY 179.53 million, an increase of 22.27% compared to CNY 146.84 million in the same period last year[28]. - The net profit attributable to shareholders was CNY -56.45 million, a decrease of 65.22% from CNY -34.17 million year-on-year[28]. - The net cash flow from operating activities improved to CNY -28.29 million, a 43.49% increase compared to CNY -50.07 million in the previous year[20]. - Revenue from LED sapphire series products surged by 132.88%, significantly contributing to the overall revenue growth[29]. - Total operating costs rose to CNY 164.10 million, up 16.6% from CNY 140.74 million year-on-year, primarily due to increased costs associated with the LED sapphire products[29]. - Total period expenses amounted to CNY 64.01 million, reflecting a 17.04% increase from CNY 54.69 million in the previous year[29]. - Operating expenses increased by 50.35%, reaching CNY 3.99 million, attributed to higher sales volume[29]. - Management expenses rose by 22.98% to CNY 36.52 million, driven by the growth in sapphire business[29]. - The company's gross profit margin declined due to falling prices of quartz crystal components and high fixed costs, impacting overall profitability[32]. - The company reported a net loss of approximately -7,500 million CNY for the first nine months of 2015, compared to a net loss of -6,419.23 million CNY in the same period of 2014[53]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 1,766.06 million, a 2.96% increase from CNY 1,715.35 million at the end of the previous year[20]. - The net assets attributable to shareholders decreased by 7.87% to CNY 660.93 million from CNY 717.38 million at the end of the previous year[20]. - The total assets of the company are reported at 269,151.04 million CNY, with net assets amounting to 26,210.68 million CNY[50]. - The company's total equity decreased to CNY 712,204,826.77 from CNY 757,014,355.68, indicating a decline of about 5.9%[111]. - The total liabilities of the company were CNY 1,053,855,519.83, compared to CNY 958,332,835.92 at the beginning of the period, reflecting an increase of about 10.0%[110]. - The short-term borrowings increased to CNY 342,000,000.00 from CNY 266,000,000.00, which is an increase of approximately 28.5%[110]. Cash Flow - The net cash flow from financing activities was ¥55,872,112.85, a decrease of 34.30% from ¥85,035,646.49, mainly due to increased cash used for debt repayment[31]. - The net cash flow from investment activities was -¥43,135,959.98, a decrease of 29.74% from -¥61,390,847.08, attributed to cash recovery from the disposal of fixed assets and other long-term assets[32]. - The company reported cash inflow from operating activities totaling CNY 144,170,778.27, compared to CNY 122,099,422.69 in the previous year[123]. - The total cash and cash equivalents at the end of the period were CNY 42,038,588.31, up from CNY 21,075,755.66 at the end of the previous year[126]. - The net cash flow from investment activities was -21,329,173.20 CNY, compared to -13,276,561.99 CNY in the previous period, indicating a decline of approximately 60.5%[129]. - The cash inflow from financing activities amounted to 117,700,000.00 CNY, an increase from 98,540,326.16 CNY, representing a growth of about 19.5%[129]. Shareholder Information - The total number of shares outstanding remained at 243,442,300, with no changes reported in the overall share structure[93]. - The company has a total of 22,417 common shareholders at the end of the reporting period[95]. - The largest shareholder, holding 14.80% of the shares, is China Foreign Economic Trade Trust, with 36,036,030 shares[95]. - The second-largest shareholder, Li Qingyue, holds 14.12% of the shares, amounting to 15,330,000 shares, with some shares pledged[95]. Corporate Governance and Compliance - The governance structure of the company is reported to be compliant with relevant laws and regulations, ensuring strong independence and proper information disclosure[59]. - There were no major litigation or arbitration matters reported during the period[60]. - The company has not engaged in any asset acquisitions or sales during the reporting period[63][64]. - The company has not implemented any stock incentive plans during the reporting period[66]. - The company did not distribute cash dividends or issue new shares from capital reserves in the previous year[54]. Research and Development - The company has obtained 40 patent authorizations, including 6 invention patents and 34 utility model patents, reflecting its strong R&D capabilities[37]. - The company operates 40 fully automated production lines with an annual production capacity of 1 billion quartz crystal components, leading the domestic industry[38]. - The company has established a complete industrial chain for LED sapphire products, enhancing its competitive advantage in the market[38]. Financial Reporting and Accounting - The semi-annual financial report has not been audited as of the reporting date[86]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that its financial statements accurately reflect its financial status and operating results[148]. - The company’s accounting period runs from January 1 to December 31 each year, with a business cycle of 12 months[149][150]. - The company’s consolidated financial statements include all subsidiaries under its control, reflecting the overall financial condition and operating results of the group[154].