Bailing Electronics' revenue in the first half of 2018 was 2,972,400 yuan and a loss of 660,000 yuan

On October 6, Bailing Electronics (stock code: 836943) recently announced the semi-annual report for 2018, which showed that as of June 30, 2018, the company had achieved revenue of 2.972 million yuan; the net profit attributable to shareholders of the listed company was- 660,000 yuan.

1. During the reporting period, the company achieved sales revenue of RMB 2,972,400, an increase of 16.11% over the same period of the previous year; total assets of RMB 12,189,300 and net assets of RMB 10.632.4 million, which were slightly lower than the same period of the previous year; net profit was -66.14 The loss increased by 352.31% over the previous year. The increase in the company’s loss compared with the same period last year was mainly due to the lower gross profit margin of the newly developed integration business, which increased operating costs; at the same time, the company increased R&D investment and increased R&D expenses; finally, the company replaced the host brokerage for business development , Which caused the company's audit consulting fees and securities consulting fees to increase significantly.

2. The specific analysis during the reporting period is as follows: In the first half of 2018, the integration project achieved sales revenue of RMB 1,927,100, which has formed a rapid rise. In the first half of 2018, Tianyi Butler achieved a sales income of RMB 99,100,000, a decrease in operating income compared with the same period last year. In the first half of 2018, the software and technical service business began to generate slight revenue.

3. During the reporting period, the company's main business, main products and services, and business model have changed. In the field of integration projects other than mobile value-added services, the company has already achieved a certain amount of income and initially formed a scale. Faced with the fluctuation of the company's value-added business income, the company closely follows the development trend of mobile Internet application technology. On the one hand, it provides mobile office services for small and medium-sized industries, such as in-depth exploration in the field of project inspections in key industries. On the other hand, the company focused on developing the education information market in key cities, improving the ability to transform orders, and developing prefecture-level agents. In the first half of 2018, the company achieved a major breakthrough in the field of integration projects.

According to the information of the New Third Board Research Institute of Wubei, Bailing Electronics 1. Industry: According to the "Guidelines for Industry Classification of Listed Companies" issued by the China Securities Regulatory Commission (revised in 2012), combined with the company’s main business, the company’s industry belongs to I65 category "software and information technology service industry".

source link: http://www.neeq.com.cn/disclosure/2018/2018-08-30/1535614312_030213.pdf