Financial Performance - Revenue for the six months ended June 30, 2021, was RMB 202,526,000, an increase of 8.5% compared to RMB 187,118,000 for the same period in 2020[9]. - Gross profit for the six months ended June 30, 2021, was RMB 34,710,000, representing a significant increase of 173.5% from RMB 12,673,000 in the prior year[9]. - Profit before tax for the six months ended June 30, 2021, was RMB 73,965,000, up 130.5% from RMB 32,014,000 in the same period of 2020[9]. - Profit for the period increased to RMB 71,228,000 for the six months ended June 30, 2021, compared to RMB 31,936,000 for the same period in 2020, marking a growth of 123.5%[9]. - Other gains and income for the six months ended June 30, 2021, totaled RMB 7,891,000, compared to RMB 1,687,000 in the same period of 2020, reflecting a growth of 367.5%[9]. - Total comprehensive income for the period was RMB 69,872,000, compared to RMB 64,294,000 in the same period of 2020, showing an increase of 8.0%[12]. - The profit attributable to the owners of the company for the three months ended June 30, 2021, was RMB 55,247,000, an increase of 16% compared to RMB 47,422,000 for the same period in 2020[15]. - Total comprehensive income for the period attributable to the owners of the company was RMB 48,545,000, down 38% from RMB 78,915,000 in the previous year[15]. - Basic earnings per share for the six months ended June 30, 2021, was RMB 49.2 cents, up from RMB 26.1 cents in 2020, marking an increase of about 88%[79]. Assets and Liabilities - Non-current assets increased to RMB 3,338,526,000 as of June 30, 2021, from RMB 3,106,910,000 at the end of 2020, representing a growth of approximately 7.4%[18]. - Current assets rose to RMB 764,932,000, up from RMB 555,602,000 at the end of 2020, indicating an increase of about 37.6%[18]. - Total assets reached RMB 4,103,458,000, compared to RMB 3,662,512,000 at the end of 2020, marking an increase of approximately 12%[18]. - The company's net current assets improved to RMB 499,053,000, up from RMB 363,151,000 at the end of 2020, reflecting a growth of about 37.5%[21]. - The equity attributable to owners of the company increased to RMB 3,082,642,000 from RMB 2,955,694,000 at the end of 2020, showing a rise of approximately 4.3%[21]. - The Group's total liabilities increased to RMB 130,269,000 as of June 30, 2021, compared to RMB 57,141,000 as of December 31, 2020, reflecting a significant increase of approximately 128.3%[96]. Cash Flow - For the six months ended June 30, 2021, net cash generated from operating activities was RMB 3,622,000, a significant improvement compared to a net cash used of RMB 120,726,000 in the same period of 2020[26]. - The company reported a net cash used in investing activities of RMB 73,976,000 for the six months ended June 30, 2021, compared to RMB 5,396,000 in the prior year, indicating increased investment activity[26]. - Net cash generated from financing activities was RMB 105,864,000 for the six months ended June 30, 2021, slightly down from RMB 106,948,000 in 2020[26]. - The company’s cash and cash equivalents at the end of the period were RMB 153,762,000, up from RMB 138,540,000 in the same period last year[26]. - The Group's total outstanding borrowings amounted to approximately RMB 626.8 million, with a gearing ratio of 21.2% as of June 30, 2021[148]. Segment Performance - Revenue from travel and leisure services for the three months ended June 30, 2021, was RMB 30,969,000, up 90.9% from RMB 16,240,000 in 2020[42]. - Segment profit for the tourism development segment was RMB 17,447,000 for the six months ended June 30, 2021, compared to a loss of RMB 4,126,000 in the same period of 2020[55]. - The tourism development business recorded revenue of approximately RMB53.3 million for the six months ended June 30, 2021, representing a 140.5% increase compared to RMB22.2 million in the same period of 2020[128]. Investments and Acquisitions - The Group acquired a 2% equity interest in Chuanqi (Hunan) Cultural Tourism Company Limited for RMB 1, along with a capital contribution commitment of RMB 1,400,000, resulting in a total indirect interest of 51%[104]. - The Group agreed to inject RMB100 million into Shanghai Xianyao Display Technology Co., Ltd., acquiring approximately 6.80% equity interest in the company[131]. Corporate Governance - The company confirmed that the information in the report is accurate and complete in all material respects, ensuring transparency and accountability[6]. - The company has not early applied new and revised HKFRSs that have been issued but are not yet effective, indicating a cautious approach to accounting changes[35]. - The Company has complied with all code provisions of the Code on Corporate Governance Practices during the six months ended June 30, 2021[196]. Shareholder Information - The interests of directors and supervisors in the company’s shares were recorded, with one supervisor holding 205,414,000 shares, representing approximately 29.34% of the issued shares[177]. - The total number of issued H shares increased from 678,720,000 to 814,464,000 due to the completion of a placing of new H shares on March 30, 2021[190].
北大青鸟环宇(08095) - 2021 - 中期财报