长盈精密(300115) - 2019 Q2 - 季度财报

Financial Performance - Total revenue for the first half of 2019 reached ¥3,958,842,544.92, an increase of 9.25% compared to ¥3,623,633,040.81 in the same period last year[23]. - Net profit attributable to shareholders was ¥119,871,427.29, representing a growth of 31.17% from ¥91,385,927.68 year-on-year[23]. - Net profit after deducting non-recurring gains and losses was ¥89,042,191.57, up 49.83% from ¥59,428,102.22 in the previous year[23]. - Basic earnings per share increased to ¥0.1328, a rise of 32.14% compared to ¥0.1005 in the same period last year[23]. - The company achieved total operating revenue of RMB 3,958,842,544.92, representing a year-on-year growth of 9.25%[29]. - The net profit attributable to shareholders was RMB 119,871,427.29, an increase of 31.17% compared to the same period last year[29]. - The total operating revenue for the first half of 2019 reached ¥3,958,842,544.92, an increase of 9.24% compared to ¥3,623,633,040.81 in the first half of 2018[187]. - Net profit for the first half of 2019 was ¥129,825,932.01, a significant increase of 121.14% from ¥58,611,262.30 in the same period of 2018[190]. - Total profit amounted to CNY 222,911,862.69, compared to CNY 161,263,847.07 in the prior period, indicating an increase of about 38%[198]. Cash Flow and Assets - The net cash flow from operating activities was ¥490,413,092.38, down 7.17% from ¥528,285,392.46 year-on-year[23]. - Total assets at the end of the reporting period were ¥9,797,657,462.81, a slight decrease of 0.14% from ¥9,811,481,669.66 at the end of the previous year[23]. - The company’s cash and cash equivalents were RMB 1.29 billion, down from RMB 1.33 billion at the end of 2018, reflecting a decrease of about 2.3%[166]. - Accounts receivable stood at RMB 1.40 billion, a decrease of approximately 5.9% from RMB 1.49 billion at the end of 2018[166]. - Inventory increased to RMB 2.22 billion, up from RMB 2.13 billion, indicating a growth of about 4.4%[169]. - Total current assets of approximately RMB 5.36 billion, slightly down from RMB 5.39 billion at the end of 2018[169]. - Non-current assets totaled approximately RMB 4.43 billion, a marginal increase from RMB 4.42 billion at the end of 2018[169]. Liabilities and Equity - Total liabilities increased to CNY 5,279,697,800.56 from CNY 5,254,532,171.54, reflecting a growth of approximately 0.48%[176]. - Current liabilities totaled CNY 4,885,007,373.35, slightly up from CNY 4,857,443,970.80, indicating a rise of about 0.57%[176]. - Total equity decreased to CNY 4,517,959,662.25 from CNY 4,556,949,498.12, reflecting a decline of about 0.85%[176]. Research and Development - Research and development expenses for the first half of 2019 were ¥401,507,866.70, up from ¥384,441,100.37, indicating a 4.03% increase year-over-year[187]. - The company plans to continue investing in new technologies and market expansion strategies to drive future growth[192]. Subsidiaries and Market Expansion - The company established a wholly-owned subsidiary in Dongguan for ODM and EMS services, focusing on electronic cigarettes, IoT hardware, and wearable devices[39]. - A new subsidiary was set up in India to develop incremental business in smart terminal components[40]. - The company plans to establish a wholly-owned subsidiary for hydrogen fuel cell metal plates, enhancing its capabilities in the new energy sector[40]. - The company received supplier qualifications from JUUL Labs and Johnson & Johnson, expanding its customer base in new markets[39]. Environmental Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[112]. - The company has established an industrial wastewater treatment station and monitors wastewater discharge daily[116]. - The company has implemented strict management processes for hazardous waste, ensuring proper storage and disposal[116]. - The company has received environmental impact assessment approvals for various projects, ensuring adherence to environmental regulations[117]. Shareholder Information - The company held three shareholder meetings during the reporting period, with investor participation rates of 44.78%, 45.81%, and 45.78% respectively[70]. - The largest shareholder, Xinjiang Changying Yuefu Equity Investment Co., Ltd., holds 40.68% of the shares, with a decrease of 18,160,000 shares during the reporting period[145]. - The company has a total of 37,428 shareholders, with 10 shareholders holding more than 5% of the shares[145].