On October 18, industry is famous new media " the zebra consumes " release a caption to be external " division big question flies " booth flat bread " : 4 years 7.8 billion benefit measures financing hard, net is led considerably coast " deepness survey article, the height that community of media of net and each old finance and economics, society visits in was being caused pays close attention to.
According to " the zebra consumes " write civil: In the doubt sound that comes over ceaselessly, "Artificial intelligence " the first -- the figure that division big question flies to becomes more and more ambiguous.
Whether is it put in the technology to make a holiday after all? Wrapping around does the appearance of high-tech start landed development? Believe, what investigate as media is thorough, the meeting is reductive this company's original appearance.
Since this year, nearly the share price of cutting sb in two at the waist, make company management layer anxious really. Dong Jian must take pare high to hold acceptance of Liu Qingfeng of plan, president to hold company share with be not being added under 12 million yuan, in order to maintain investor confidence.
Having what can affirm is, division big question flies super- under strong financing capability, capital uses benefit to be forecasted hard mostly. Battalion restrains dimensions fast vigorous growth, was immersed in however add the odd group that controls not to increase profit.
4 years of financing 7.8 billion, benefit is measured hard
2008, division big question flies (002230.SZ) land reach place greatly, will appear on the market the financing ability of company platform is developed to the top of one's bent.
Especially since 2013, the company is passed continuously directional add hair financing, of its financing ability make by force capital market be left speechless with wonder or fear.
According to statistic, 2013, 2015, 2017, the company already passed capital market financing 4.2 billion yuan, recently brushstroke amount of 3.6 billion add plan to just obtained card inspect to be able to send careful surely appoint examine and verify is passed.
Zebra consumption combs discovery, its collect capital is used at the fund of form a complete set that project construction, compensatory circulating fund and asset buy mostly.
The company's newest announcement shows, capital of devoted already billions of collect, cannot yield the benefit that outside clarity sees capital arises finally mostly.
The 1.75 billion capital 2013, use at compensatory circulating fund entirely, project of not corresponding investment, cannot undertake benefit contrasts.
The 2.15 billion capital 2015, investment project " wisdom classroom and item of platform of online education cloud " Shang Zaijian is set period, the project had be notted amount to produce, reason need not undertake benefit contrasts; "Dispatch flies exceed a head " reach crucial technology to study Ji Yunping stage builds a project not to form a product to reach pair of export to make work directly, do not produce direct economic benefits, not affirmatory benefit.
Issued share to buy property 2017 and capital of collect form a complete set 300 million yuan, corresponding investment project does not have affirmatory benefit, need not undertake benefit contrasts.
This of 3.6 billion add surely, will use at investing amount to be as high as 5.7 billion yuan 4 big projects and compensatory circulating fund.
Zebra consumption notices, in 4 specific projects, two investment amount is close the project of 2 billion, all do not form a product to reach pair of export to make work directly, do not produce direct economic benefits, forecast project beneficial result hard.
Additionally two major projects, although be in,satisfactory beneficial result was forecasted in the case beforehand, but pay back period of the investment after duty (contain construction period) what all amount to 6 years is long, benefit is forecasted fear putting major variable.
"Be born inside and buy " booth flat bread, net leads pelter
Carrying the aureola of company of AI intelligence high-tech on the head, since division big question flies from 2008 to appear on the market, battalion receives dimensions advance rapidly.
Did business 2013 income breaks through 1 billion yuan, after this is ceaseless in big strides is ongoing, achieved 5.4 billion yuan 2017.
Outer bound looks, besides the business development of company oneself, division big question flies to add thick outstanding achievement just about through be being bought ceaselessly.
Since 2013, the company was bought early or late open luck of bright science and technology, Shanghai yuan, open letter of bright toy, Anhui to cast, happy knowing and doing, dispatch flies to all be become wait for much home company.
Occupy media statistic additionally, division big question flew 2014, 2015, add subsidiary number newly 2016 to be 13 respectively, 10, 18.
Came 2013 2017, company total assets from 4.33 billion add to 13.34 billion.
To this, the company ever showed external, what company place carries out is joint advocate of business Wu " inside lay pattern and buy " , be not pure for augment forms for reporting statistics.
But zebra consumption signs up for discovery through combing calendar year money, division big question flew to already was immersed in add the odd group that controls not to increase profit.
2013, business income 1.25 billion yuan, buckle blame net 220 million yuan; 2017, business income 5.44 billion yuan, buckle blame net 360 million yuan. This year first half of the year, company business income 3.2 billion yuan, buckle blame net to be 20 million yuan only.
Will look at present, the fall of ability of flying gain of division big question, already was the fact that does not dispute.
2013 - 2017, company net profit is led already from 22.21% fall to 8.8% , fall once more first half of the year this year to 4.2% .
The corresponding period, increase yield of authority net assets criterion from 10.63% fall to 5.74% , it is only first half of the year this year 1.7% .