Workflow
领益智造(002600) - 2016 Q1 - 季度财报
LY iTECHLY iTECH(SZ:002600)2016-04-28 16:00

Financial Performance - The company's operating revenue for Q1 2016 was ¥1,594,170,278.37, representing a 159.14% increase compared to ¥615,184,637.85 in the same period last year[8] - The net profit attributable to shareholders was ¥7,430,239.34, a significant turnaround from a loss of ¥4,319,162.71, marking a 272.03% increase[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥13,198,911.70, compared to a loss of ¥4,693,644.89, reflecting a 381.21% increase[8] - The weighted average return on net assets was 0.27%, an improvement of 0.62% from -0.35% in the previous year[8] - The basic earnings per share increased to ¥0.01 from a loss of ¥0.007, representing a 242.86% increase[8] - The net profit attributable to shareholders for the first half of 2016 is expected to be between 49 million and 51 million RMB, representing a year-on-year increase of 1,105% to 1,155%[22] - The increase in profit is primarily due to the acquisition of Shenzhen Dijing Optoelectronics Technology Co., which has boosted profits from display materials and touch components[22] Assets and Cash Flow - The company's total assets at the end of the reporting period were ¥6,285,268,741.57, up 2.42% from ¥6,136,594,126.20 at the end of the previous year[8] - The net cash flow from operating activities was negative at -¥203,507,510.32, a decline of 648.86% from ¥37,078,167.05 in the same period last year[8] Acquisitions and Commitments - The company is in the process of acquiring 100% equity of Shenzhen Dongfang Liangcai Precision Technology Co., Ltd., with the acquisition approved by the CSRC on March 10, 2016[15] - The company made a commitment to acquire 100% equity of Dijing Optoelectronics, with performance commitments for net profits of RMB 1,000 million, RMB 1,300 million, and RMB 1,700 million for the years 2015, 2016, and 2017 respectively[18] - The company is currently fulfilling its commitments related to the acquisition of Dijing Optoelectronics, which includes a lock-up period of 12 months for the shares obtained[19] - The management team has committed to not engage in competitive activities with Dijing Optoelectronics for 48 months following the equity transfer date[19] - The company has made commitments regarding share reduction, stating that no more than 25% of their holdings can be transferred annually during the lock-up period[20] - The company has also committed to not transferring any shares for six months after leaving their positions[21] - The commitments made by the company and its management are being fulfilled as scheduled[21] - The newly acquired Shenzhen Dongfang Liangcai Precision Technology Co. is expected to contribute additional profits starting from May 2016[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 81,168[12] - The company received government subsidies amounting to ¥975,947.32 during the reporting period[9]