The company and all members of the board of directors ensure that the contents of the information disclosure are true, accurate and complete, with no false records, misleading statements or major omissions.
Special note: The financial data for 2017 contained in this announcement are only preliminary accounting data. Without the audit of the accounting firm, the final data disclosed in the annual report may be different. Please pay attention to the investment risk.
I. Main Financial Data and Indicators for 2017
unit: yuan
■
Note: The above data are all based on the company consolidated report data.
II. Description of operating performance and financial status
1, operating conditions
In 2017, the company realized operating income of RMB 241 million, which was a decrease of 49.39% compared with the same period of last year, which was mainly due to the decrease in income from trading income and chip business; and operating profit of RMB -354 million, a decrease of 3068.71% from the same period of the previous year; The total amount was 360 million yuan, a decrease of 1631.30% from the same period of last year. The net profit attributable to owners of the parent company was -331 million yuan, a decrease of 1469.27% from the same period of last year.
During the reporting period, the main reasons for the sharp decline in corporate profits were as follows:
(1) INFOTM, a wholly-owned subsidiary of the company, reduced the rental income of the data center operated by INC during the reporting period as compared with the same period last year and was affected by the hurricane. To;
(2) The company's corresponding receivables, intangible assets, development expenditures, inventory and other assets are subject to a greater amount of impairment;
(3) Foreign exchange losses are expected to occur due to exchange rate fluctuations, resulting in a substantial increase in financial expenses year-on-year.
2, financial status
At the end of the reporting period, total assets were 455 million yuan, a decrease of 43.05% from the same period of last year. At the end of the reporting period, the owner’s equity attributable to the shareholders of the listed company was 372 million yuan, which represented a decrease of 47.67% from the same period last year. At the end of the reporting period, total assets and shareholders attributable to the listed company The decrease in owners’ equity compared to the beginning of the period was mainly due to the sharp decline in net profit during the reporting period compared with the same period of last year.
Third, explain the difference with the previous performance forecast
There was no significant difference between the operating results disclosed in this performance report and the “2017 Annual Results Announcement” announced by the company on January 31, 2018 (public notice No. 2018-006).
Fourth, other instructions
This performance report is the result of the preliminary calculation of the company's financial department. The detailed financial data company will be disclosed in detail in the 2017 annual report.
V. Documents for future reference
The legal representative of the company, the person in charge of accounting work, and the comparative balance sheet and income statement signed and sealed by the person in charge of the accounting organization.
Special announcement.
Infront Microelectronics Co., Ltd.
Board of Directors
April 14, 2018