Financial Performance - For the six months ended June 30, 2021, the Group's revenue was RMB 225,480,000, representing an increase of approximately 312% compared to RMB 54,692,000 in the same period of 2020[16]. - Loss attributable to owners of the Company amounted to RMB 8,888,000, a decrease of approximately 71% from a loss of RMB 31,046,000 in the same period of 2020[16]. - Gross profit for the Period was RMB 51,073,000, reflecting a 129% increase year-over-year, although the gross profit margin declined to 23% from 41% due to rising costs of photovoltaic raw materials[31]. - The operating loss for the six months ended June 30, 2021, was RMB 10,461,000, an increase from an operating loss of RMB 7,709,000 in 2020[147]. - Basic and diluted loss per share for the period was RMB 0.0060, compared to RMB 0.0209 in the same period of 2020[150]. - Total comprehensive loss for the period was RMB 8,663,000, down from RMB 29,285,000 in 2020, reflecting a decrease of 70%[154]. Business Segments - The public infrastructure construction business recorded a profit attributable to owners of the Company of approximately RMB 2,240,000 for the Period, compared to a loss of RMB 8,712,000 in the same period of 2020[16]. - The smart energy business generated approximately RMB 165,281,000 in revenue, representing a 320% increase compared to the same period last year, primarily due to growth in home photovoltaic system sales[24]. - The public infrastructure construction business contributed approximately RMB 60,199,000 to the Group's revenue, up from RMB 15,360,000 in the same period of 2020[24]. Financial Assets and Liabilities - The Group held financial assets at fair value amounting to HK$66,779,000 (equivalent to RMB55,566,000) as of June 30, 2021, with a fair value gain of approximately HK$12,006,000 during the Period[36]. - The Group's total current assets as of June 30, 2021, were approximately RMB831,920,000, an increase from RMB743,960,000 as of December 31, 2020[43]. - Total liabilities increased to RMB 402,268,000 from RMB 352,464,000, representing a rise of around 14.1%[177]. - Non-current liabilities totaled RMB 223,991,000, down from RMB 233,876,000, a decrease of about 4.2%[177]. Operational Challenges - The Group anticipates continued challenges in the second half of 2021 due to the complex external environment and rising costs of photovoltaic raw materials[28]. - The average price of photovoltaic components increased by approximately 20% in the first half of 2021, impacting profitability in the home photovoltaic systems business[27]. Shareholder Information - As of June 30, 2021, Mr. Wei Shaojun holds a total of 970,534,633 shares, representing approximately 65.37% of the company's shareholding[73]. - The total number of shares held by substantial shareholders reflects significant ownership concentration within the Company[94]. - The Company did not recommend the payment of any interim dividend for the period, consistent with the previous year where no dividend was paid[68]. Strategic Focus - The Group's strategy includes expanding its offline business in comprehensive energy supply such as electricity, heat, and gas[21]. - The Group aims to build a diversified, clean, and low-carbon energy supply system through its smart energy cloud platform[21]. - The Group's financial strategy includes maintaining investment flexibility through financial assets held for investment purposes[36]. Employee and Corporate Governance - The Group employed 268 employees as of June 30, 2021, a slight decrease from 269 employees as of December 31, 2020[58]. - The company’s financial data has been reviewed by the audit committee and is compliant with applicable accounting standards and regulations[66].
鑫达投资控股(01281) - 2021 - 中期财报