Workflow
ST迪威迅(300167) - 2017 Q2 - 季度财报
DvisionDvision(SZ:300167)2017-08-17 16:00

Financial Performance - Total revenue for the first half of 2017 was CNY 207,183,192.46, representing a 100.54% increase compared to CNY 103,311,527.82 in the same period last year[17]. - Net profit attributable to shareholders was CNY 1,110,367.93, a significant turnaround from a loss of CNY 13,923,333.38 in the previous year, marking a 107.97% improvement[17]. - The net profit after deducting non-recurring gains and losses was CNY 157,474.54, compared to a loss of CNY 15,643,261.65 in the same period last year, reflecting a 101.01% increase[17]. - Basic and diluted earnings per share were both CNY 0.0037, up 107.40% from a loss of CNY 0.05 per share in the previous year[17]. - The weighted average return on equity improved to 0.15% from -2.02% in the same period last year, an increase of 2.17 percentage points[17]. - Operating profit increased to ¥286,608.95, up 101.60% compared to the same period last year[36]. - The company reported a significant increase in income tax expenses to ¥4,014,934.79, a 6,491.29% rise from -¥62,818.80, due to increased net profit[41]. - The company reported a net loss of approximately 1,136,717 for the period, indicating a challenging financial environment[61]. Assets and Liabilities - Total assets decreased by 10.24% to CNY 1,225,745,552.09 from CNY 1,365,644,671.82 at the end of the previous year[17]. - Net assets attributable to shareholders decreased by 3.99% to CNY 697,837,254.10 from CNY 726,861,015.71 at the end of the previous year[17]. - The company's total assets were ¥1,160,648,996.22, compared to ¥1,192,146,704.91 in the previous period, showing a slight decrease[124]. - The total liabilities decreased from ¥518,303,898.88 to ¥507,182,184.44, reflecting a reduction of approximately 2.2%[124]. - The company's equity decreased from CNY 816,059,525.88 to CNY 788,951,258.89, a decrease of about 3.3%[117]. - Current assets decreased from CNY 895,359,314.85 to CNY 695,749,322.16, representing a reduction of about 22.3%[115]. - Total liabilities decreased from CNY 549,585,145.94 to CNY 436,794,293.20, a reduction of about 20.5%[116]. Cash Flow - The net cash flow from operating activities was negative at CNY -45,594,935.82, worsening from CNY -21,948,810.88 in the previous year, a decline of 107.73%[17]. - Operating cash inflow totaled CNY 229,149,828.05, down from CNY 280,682,321.91 in the previous period, representing a decrease of approximately 18.4%[132]. - Cash and cash equivalents at the end of the period stood at CNY 127,400,991.19, down from CNY 207,503,502.87, a decrease of about 38.6%[133]. - The net increase in cash and cash equivalents was -¥183,612,339.37, a 324.08% decline from -¥43,296,323.91 in the same period last year[42]. - Cash outflow from operating activities amounted to CNY 274,744,763.87, compared to CNY 302,631,132.79 in the prior period, a decrease of about 9.2%[132]. Business Strategy and Development - The company is focusing on integrated platforms to manage urban infrastructure and data, aiming to solve issues related to decentralized management[25]. - The company is expanding into new business models such as consulting sales, management services, and PPP/BOT collaborations with the government[27]. - The company is actively developing data service capabilities, with the completion of the Erdos Cloud Computing Industrial Park data center project expected in Q3[36]. - The company is exploring opportunities in smart city projects, including a joint bid for the Danyang Smart City project, which includes a big data center and smart parking[36]. - The company aims to leverage its customer resource advantages to expand market share in the smart city sector[30]. Shareholder Information - The total number of shareholders at the end of the reporting period is 15,814[98]. - The largest shareholder, Beijing Ance Hengxing Investment Co., Ltd., holds 39.99% of the shares, totaling 120,077,500 shares[99]. - The total number of shares with limited sale conditions increased from 37,500 to 50,000, representing a change of 33.33%[95]. - The total number of unrestricted shares decreased from 300,202,500 to 300,190,000, a reduction of 0.0042%[95]. Compliance and Governance - The half-year financial report has not been audited, which may affect investor confidence[69]. - The company has committed to maintaining compliance with various operational and financial commitments, ensuring no violations occurred during the reporting period[66]. - No major litigation or arbitration matters occurred during the reporting period[71]. - The company did not experience any penalties or rectification situations during the reporting period[72]. - The company has not undergone any bankruptcy restructuring during the reporting period, indicating stability in its operations[70]. Accounting Policies - The company adheres to the accounting policies and estimates as per the Ministry of Finance's accounting standards, ensuring the financial statements reflect the true financial status and operating results[166]. - The company uses Renminbi as its functional currency, while its wholly-owned subsidiary in Hong Kong uses Hong Kong dollars[169]. - The company applies the equity method for investments held prior to mergers, with adjustments made to capital reserves and retained earnings as necessary[171][172]. - The company recognizes goodwill when the acquisition cost exceeds the fair value of identifiable net assets acquired in a business combination[172].