Financial Performance - Revenue for the six months ended June 30, 2021, was RMB 931,704,000, representing an 11.0% increase from RMB 839,078,000 in 2020[9]. - Gross profit for the same period was RMB 242,942,000, up 3.9% from RMB 233,738,000 in 2020[9]. - Net profit attributable to owners of the parent was RMB 82,831,000, a 10.3% increase compared to RMB 75,111,000 in 2020[9]. - Gross profit margin decreased to 26.1%, down 1.8 percentage points from 27.9% in 2020, while net profit margin decreased to 8.9%, down 0.1 percentage points from 9.0%[9]. - Earnings per share attributable to ordinary equity holders of the parent for the period was RMB 0.081, a 6.6% increase from RMB 0.076 in 2020[9]. - Profit before tax increased to RMB 114,675,000, compared to RMB 108,119,000 in the prior year, reflecting a growth of 6.0%[20]. - Total comprehensive income for the period was RMB 83,352,000, compared to RMB 75,505,000 in the same period last year, showing an increase of 10.0%[21]. Assets and Liabilities - Current assets totaled RMB 1,597,286,000, an increase from RMB 1,200,373,000 as of December 31, 2020[24]. - Non-current assets amounted to RMB 872,552,000, slightly up from RMB 869,159,000 at the end of 2020[24]. - Total assets less current liabilities as of June 30, 2021, were RMB 995,689,000, an increase from RMB 968,369,000 as of December 31, 2020, representing a growth of approximately 2.3%[25]. - Net assets increased to RMB 966,172,000 as of June 30, 2021, compared to RMB 891,426,000 as of December 31, 2020, reflecting a growth of about 8.4%[25]. - Total liabilities as of June 30, 2021, were RMB 1,503,666,000, compared to RMB 1,178,106,000 as of December 31, 2020, indicating an increase of about 27.5%[93][97]. Cash Flow and Financing - Net cash flows used in operating activities amounted to RMB 33,363,000 for the first half of 2021, a decrease from RMB 18,468,000 in the same period of 2020[34]. - Cash and cash equivalents at the end of the period were RMB 351,354,000, down from RMB 423,039,000 at the end of June 2020, reflecting a decrease of approximately 17%[36]. - Proceeds from new bank loans were RMB 53,427,000, while repayment of bank loans was RMB 58,319,000, indicating a net cash outflow from financing activities[36]. - The company incurred finance costs of RMB 4,537,000, compared to RMB 5,060,000 in the same period of 2020, showing a decrease of approximately 10%[34]. Business Segments - The property management business generated revenue of RMB 659,116,000, accounting for approximately 70.7% of total revenue[84]. - The cleaning and greening business reported revenue of RMB 83,094,000, with a segment profit of RMB 21,465,000[84]. - The real estate agency business generated revenue of RMB 105,994,000, contributing a segment profit of RMB 39,385,000[84]. - Revenue from contracts with customers for the six months ended June 30, 2021, was RMB 931,704,000, up from RMB 839,078,000 for the same period in 2020, reflecting a growth of approximately 11%[99][106]. Strategic Initiatives - The company has plans for market expansion and new service offerings in property management and related sectors[79]. - Future outlook includes continued investment in new technologies and product development to drive growth[1]. - Strategic initiatives are in place for market expansion and potential acquisitions to strengthen competitive positioning[1].
中奥到家(01538) - 2021 - 中期财报