DHI(SZ:002487)2024-08-29 08:41Financial Performance - The company's operating revenue for the first half of 2024 was ¥1,356,280,864.35, a decrease of 34.20% compared to ¥2,061,292,837.95 in the same period last year[12]. - The net profit attributable to shareholders of the listed company was ¥173,870,382.48, down 36.23% from ¥272,665,600.66 year-on-year[12]. - The net profit after deducting non-recurring gains and losses was ¥160,584,372.96, a decrease of 35.62% compared to ¥249,430,861.93 in the previous year[12]. - The basic earnings per share decreased by 37.21% to ¥0.27 from ¥0.43 in the same period last year[12]. - The company reported a total comprehensive income for the first half of 2024 of approximately ¥173.71 million, down 36.3% from ¥272.28 million in the first half of 2023[121]. - The total operating costs for the first half of 2024 were approximately ¥209.73 million, down 61.4% from ¥542.51 million in the first half of 2023[122]. - The company reported a significant reduction in income tax expenses by 59.38% to ¥19,622,035.16, due to a decrease in taxable income[34]. - The company experienced a decrease in other comprehensive income, impacting overall financial performance[129]. Assets and Liabilities - The total assets at the end of the reporting period were ¥10,537,397,287.00, an increase of 3.06% from ¥10,224,813,274.51 at the end of the previous year[12]. - The total liabilities increased to CNY 3,565,593,088.07 from CNY 3,310,646,659.68, reflecting a growth of approximately 7.69%[115]. - The company's cash and cash equivalents decreased to CNY 1,708,315,460.29 from CNY 1,960,572,967.42, a decline of about 12.83%[113]. - Accounts receivable decreased to CNY 1,431,237,439.81 from CNY 1,629,436,576.02, indicating a reduction of approximately 12.13%[113]. - The company reported a significant increase in contract liabilities to CNY 1,314,105,592.30 from CNY 588,995,745.72, representing a growth of about 123.00%[114]. Cash Flow - The company reported a net cash flow from operating activities of ¥247,311,128.00, compared to a negative cash flow of ¥247,928,120.56 in the same period last year[12]. - The net cash flow from operating activities for the first half of 2024 was -466,618,076.48 yuan, compared to -1,396,356,475.62 yuan in the same period of 2023, indicating an improvement[127]. - Cash inflow from investment activities reached 3,139,808,556.23 yuan, significantly higher than 1,824,511,221.10 yuan in the previous year[127]. - The company’s total cash outflow from operating activities was 1,427,283,947.17 yuan, down from 2,407,924,586.95 yuan in the first half of 2023[127]. Business Operations - The company aims to become the leading supplier in the offshore wind market of major developed economies within the next 3-5 years[21]. - The company completed the delivery of all marine engineering products for the Moray West offshore wind project in Scotland, totaling approximately 110,000 tons[23]. - The company has established a global logistics system, completing the first shipment for the European route and transitioning to a DAP delivery model, enhancing customer trust and satisfaction[26]. - The company has built a manufacturing base in Penglai covering 570,000 square meters, with advanced equipment including a 1000-ton gantry crane and fully automated edge milling machines to meet high international standards[29]. Research and Development - Research and development expenses fell by 54.11% to ¥37,368,288.78 from ¥81,426,133.06, as the previous period involved significant overseas project investments[34]. - The company is actively developing the next generation of floating foundation products in collaboration with leading international solution providers[21]. Market and Industry Outlook - The global offshore wind market is expected to see a compound annual growth rate of 20% over the next decade, significantly outpacing onshore wind growth at 6.6%[16]. - By the end of 2033, global offshore wind installed capacity is projected to reach 486 GW, increasing its share of total wind capacity from 9% in 2023 to 25%[16]. - Europe is expected to auction over 40 GW of offshore wind capacity in 2024 and 2025, with Germany alone planning to award 8 GW in 2024[17]. Risk Management - The report highlights potential risks and corresponding measures that the company may face, urging investors to pay attention to related content[3]. - The company has established a risk management system for foreign exchange hedging, ensuring compliance with legal and operational standards[46]. - The company faces risks from fluctuations in the prices of key raw materials, which constitute a significant portion of its main business costs[60]. Environmental and Social Responsibility - The company complies with various environmental protection standards and has obtained necessary pollution discharge permits for its production bases[67][68]. - The company has implemented strict monitoring of emissions, with all pollutants meeting regulatory standards and no exceedances reported during the monitoring period[76]. - The company is committed to improving product competitiveness and monitoring policy trends to mitigate risks associated with industry policy changes[59]. - The company actively engages in social responsibility, focusing on high-quality development and creating value for shareholders and employees[79]. Corporate Governance - The company has improved its internal control management and governance structure in response to changes in the operating environment[81]. - The company has established a comprehensive human resources management system to protect employee rights and promote a harmonious labor relationship[82]. - There were no significant lawsuits or arbitration matters during the reporting period[86]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 76,155, with the largest shareholder, Fuxin Jinyin Energy Consulting Co., Ltd., holding 38.93% of shares, totaling 248,300,500 shares[101]. - The company has not declared any cash dividends or stock bonuses for the half-year period[66]. Financial Reporting and Compliance - The financial report for the first half of 2024 has not been audited[112]. - The company’s accounting policies are tailored to its operational characteristics, ensuring accurate financial reporting[140]. - The company operates under the continuous operation basis, ensuring ongoing financial stability and operational continuity[139].