新筑股份(002480) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the reporting period was ¥396,551,755.14, a decrease of 75.79% compared to ¥1,637,688,343.61 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was -¥109,778,260.13, representing a decline of 623.22% from -¥15,179,022.64 in the previous year[20]. - The net cash flow from operating activities was -¥326,998,367.61, which is a 63.36% decrease compared to -¥200,170,006.84 in the same period last year[20]. - The basic earnings per share were -¥0.1427, a decrease of 566.82% from -¥0.0214 in the previous year[20]. - Total assets at the end of the reporting period were ¥6,723,139,774.93, down 8.53% from ¥7,350,090,053.96 at the end of the previous year[20]. - The net assets attributable to shareholders of the listed company were ¥2,609,952,521.69, a decrease of 4.09% from ¥2,721,114,392.50 at the end of the previous year[20]. - The company's cash and cash equivalents decreased by 180.98% to -¥525,949,991.57, influenced by reduced cash flow from financing and operating activities[39]. - The company reported a net loss from investment activities of ¥14,210,578.67, accounting for 10.84% of total profit, indicating challenges in long-term equity investments[45]. - The company reported a net loss of CNY 66,687,811.23 for the first half of 2021, compared to a profit of CNY 43,705,847.09 in the same period of 2020[122]. - The total comprehensive loss for the first half of 2021 was -¥115,878,690.66, compared to -¥6,400,082.23 in the same period of 2020[130]. Revenue Breakdown - The rail transit business generated revenue of 0.60 million, a year-on-year decline of 95.69%, primarily due to reduced orders and delivery volumes compared to the previous year, which had revenue of 13.87 million[32]. - The bridge functional components business achieved revenue of 2.78 million, a year-on-year increase of 30.78%, with a gross margin of 22.28%, reflecting stable development despite rising raw material costs[32]. - Revenue from bridge functional components increased by 30.78% to ¥278,298,889.75, attributed to increased delivery volumes based on customer schedules[40]. - The revenue from the rail transit business dropped by 95.69% to ¥59,729,813.59, due to a significant decrease in vehicle delivery volume compared to the previous year[40]. - The company reported a revenue of 96.31 million yuan for the sale of new construction materials, representing a 1.69% increase compared to the previous period[81]. Cash Flow and Investments - The net cash flow from operating activities decreased by 63.36% to -¥326,998,367.61, attributed to a reduction in sales volume[38]. - The company experienced a net decrease in cash and cash equivalents of -525,949,991.57 CNY in H1 2021, compared to -187,180,995.43 CNY in H1 2020[138]. - The cash outflow from operating activities was 1,111,786,728.06 CNY in H1 2021, down from 1,265,826,877.36 CNY in H1 2020, reflecting a decrease of about 12.2%[137]. - The company invested ¥4,000,000.00 during the reporting period, a decrease of 20.00% compared to the previous year[52]. - The net cash flow from investing activities was -118,931,838.38 CNY in H1 2021, an improvement from -164,403,776.63 CNY in H1 2020[138]. Research and Development - Research and development investment increased by 118.94% to ¥108,541,855.76, driven by ongoing investments in magnetic levitation project development[38]. - The company has a professional R&D team of nearly 400 people and collaborates with top domestic and international research institutions to enhance its technological capabilities[34]. - The company has increased R&D investment in new rail transit products, including 100% low-floor trams and medium-low speed maglev projects, to enhance its urban rail transit product offerings[60]. - The company is focusing on enhancing its R&D capabilities to drive future growth despite current financial challenges[130]. Risk Management - The company faces significant risks and has outlined measures to address these in the management discussion section[4]. - Rising costs of raw materials and labor are significant risks for the company, which plans to implement comprehensive budget management and improve material utilization[62]. - The rapid growth in business revenue has led to an increase in accounts receivable, which poses a risk of bad debt losses; the company is enhancing its accounts receivable management[62]. Corporate Governance and Compliance - The company has not distributed cash dividends or bonus shares for the half-year period and has no plans for capital reserve transfers[67]. - There were no significant environmental issues or administrative penalties reported during the period, and the company has been recognized for its environmental credit[70]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[80]. - The half-year financial report has not been audited, and there are no non-standard audit reports from the previous year[78]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 33,288[105]. - Sichuan Development Rail Transit Investment Co., Ltd. holds 15.90% of shares, totaling 122,333,000 shares[105]. - The proportion of limited sale shares decreased from 16.38% to 16.20% after the recent change[102]. - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[107]. Financial Position - The total liabilities decreased from CNY 4,590,661,443.34 to CNY 4,075,908,368.88, a reduction of approximately 11.2%[121]. - The total equity attributable to shareholders decreased from CNY 2,721,114,392.50 to CNY 2,609,952,521.69, a decline of approximately 4.1%[122]. - The total amount of non-current liabilities due within one year increased to ¥1,317,713,187.14, accounting for 19.60% of total liabilities, up from 10.87% last year, primarily due to the reclassification of long-term borrowings[47]. - The total owner's equity at the end of the reporting period is CNY 2,558,490,561.52, showing a decrease from the previous period[162].