Sun Pishus worry: Inspur software lost more than ten million yuan in the first quarter

category:Finance
 Sun Pishus worry: Inspur software lost more than ten million yuan in the first quarter


Inspur software group holds more than 60% shares

Figure from the website of Shandong regulatory bureau of CSRC

Who is Shandong super CNC? According to the data, Shandong Chaoyue CNC Electronics Co., Ltd. has the enterprise brand Chaoyue Shentai. Focusing on the national information security needs, the company has arranged special computer, industrial control computer, party and government computer, cloud computing and big data business.

Enterprise investigation shows that Inspur Software Group Co., Ltd. is a major shareholder and holds shares 60.10% , held by Jinan Wanpeng Electronic Technology Co., Ltd. and Gongqingcheng Yide investment management partnership (limited partnership) 24.24% and 15.66% u3002

Significant decrease in net profit of joint stock companies

Inspurs attributable net profit decreased in 2019 91.22%

In terms of A-share, Inspurs main business of Inspur software involves software development and system integration in e-government, tobacco and other industries.

The reporter noted that Inspurs annual report of 2019 indicated that its operating revenue in 2019 fourteen point five six Billion yuan, up from the same period last year 20.05% ; net profit attributable to shareholders of the listed company two thousand seven hundred and fifty-eight point three three 10000 yuan, down from the same period last year 91.22% ; net profit attributable to shareholders of the listed company after deducting non recurring profit and loss three hundred and eighteen point zero five 10000 yuan, down from the same period last year 98.97% u3002

During the reporting period, Inspur lejin, the companys joint-stock company, suffered from the impact of external environment, intensified market competition and shrinking business scale, with its net profit significantly lower than that of the same period last year, the annual report said. The companys investment income to Inspur lejin in 2019 is lower than the same period of last year three point five five Billion yuan, resulting in a decrease in net profit attributable to shareholders of listed companies compared with the same period of last year 91.22% , basic earnings per share decreased over the same period of last year 90.72% The weighted average return on net assets decreased compared with the same period of last year twelve point five nine Percentage points.

From the first quarter report of Inspur software, its operating revenue in the first quarter two point four two Billion yuan, down from the same period last year 2.28% ; net profit attributable to shareholders of the listed company- one thousand and one point three one 10000 yuan, down from the same period last year 403.79% ; net profit attributable to shareholders of the listed company after deducting non recurring profit and loss- one thousand and eighty-four point four 10000 yuan, down from the same period last year 658.31% u3002

Financial expenses of Inspur information increased in the first quarter 592.37%

Once accused of four major risks

As a global leader in intelligent computing, the company provides leading intelligent computing for cloud computing, big data and artificial intelligence. Inspur information will be reported in 2019.

According to the first quarter report of Inspur information, the operating revenue in the reporting period one hundred and twelve point three five Billion yuan, up from the same period last year 15.9% ; net profit attributable to shareholders of the listed company one point three six Billion yuan, up from the same period last year 47.84% ; net profit attributable to shareholders of the listed company after deducting non recurring profit and loss one point one five Billion yuan, up from the same period last year 70.65% u3002

It is worth noting that behind the growth, the changes of some financial indicators are also concerned by the market. Among them, financial expenses increased over the same period of last year 592.37% , reported in the first quarter mainly due to the increase of exchange loss in the current period; asset impairment loss increased over the same period of last year 743.57% , the first quarter report is mainly due to the increase of provision for inventory falling price in the current period.

The reporter noted that the rating report of new century rating on Inspur Electronic Information Industry Co., Ltd. in 2019 mentioned that the main risks include the supply risk of core raw materials, weak profitability of the main business, debt concentration in short-term debt, high immediate repayment pressure and international operation risk.

The scale of Inspur information sales and R & D expenditure increases with the expansion of business scale, resulting in the overall high cost during the period, eroding the main business profits, and the actual profitability of the companys main business is weak. As mentioned in the above report.

The reporter noticed that the annual report of Inspur information in 2019 showed that the sales expenses in the reporting period fourteen point three nine Billion yuan, year-on-year growth 17.05% It is mainly due to the increase of personnel costs and marketing costs caused by the expansion of the companys business scale and the increase of sales staff salaries; R & D investment twenty-two point three nine Billion yuan, year-on-year growth 18.24% Mainly due to the increase of R & D in this period, the increase of new product development quantity and R & D The increase of personnel related costs caused by the increase of personnel. In addition, the above rating report also mentioned that in terms of the price of raw materials, the purchase price of raw materials of the company has fluctuated in recent years. On the one hand, it is affected by the market supply and demand, on the other hand, because the raw materials, especially CPU and other high-end components are settled in USD, the purchase price is also affected by the fluctuation of exchange rate. Source: Wang Xiaowu, financial editor of cctv.com_ NF

The reporter noticed that the annual report of Inspur information in 2019 showed that the sales expenses in the reporting period fourteen point three nine Billion yuan, year-on-year growth 17.05% It is mainly due to the increase of personnel costs and marketing costs caused by the expansion of the companys business scale and the increase of sales staff salaries; R & D investment twenty-two point three nine Billion yuan, year-on-year growth 18.24% Mainly due to the increase of R & D in this period, the increase of new product development quantity and R & D The increase of personnel related costs caused by the increase of personnel.