ALD(SZ:300696)2018-08-29 16:00Financial Performance - Total operating revenue for the first half of 2018 was ¥72,521,025.16, an increase of 13.78% compared to ¥63,736,484.24 in the same period last year[18]. - Net profit attributable to shareholders was ¥38,947,320.12, reflecting an 8.32% increase from ¥35,956,898.05 in the previous year[18]. - Net profit after deducting non-recurring gains and losses decreased by 5.20% to ¥31,821,192.26 from ¥33,566,296.19 year-on-year[18]. - Basic and diluted earnings per share increased by 6.45% to ¥0.33 from ¥0.31 in the previous year[18]. - Operating profit reached 44.94 million yuan, reflecting a growth of 13.21% compared to the previous year[35]. - The total profit for the current period was ¥45,061,661.13, up from ¥42,504,161.26 in the previous period, reflecting a growth of 3.7%[127]. - The company reported a significant asset impairment loss of ¥2,757,567.95, compared to a gain of ¥-309,737.59 in the previous period[127]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥9,661,168.45, a decline of 126.41% compared to ¥36,578,846.08 in the same period last year[18]. - Cash and cash equivalents decreased by 73.40% due to investments in financial products[29]. - The company's cash and cash equivalents at the end of the reporting period decreased by 73.40% compared to the beginning of the year, primarily due to the use of raised funds and self-owned funds to purchase financial products[199]. - The total cash balance at the end of the reporting period was CNY 65,125,203.79, down from CNY 244,842,644.93 at the beginning of the year[198]. Assets and Liabilities - Total assets at the end of the reporting period were ¥783,731,832.14, up 2.31% from ¥766,029,573.71 at the end of the previous year[18]. - The total liabilities decreased from CNY 67,414,760.95 to CNY 65,371,930.56, a reduction of approximately 3.0%[123][124]. - The company's equity increased to CNY 718,359,901.58 from CNY 698,614,812.76, showing a growth of about 2.4%[124]. - The company reported a significant increase in inventory from CNY 52,780,968.01 to CNY 59,740,431.37, which is an increase of about 13.7%[121]. Research and Development - Research and development expenses rose by 46.54% to ¥4,085,461.24, reflecting the company's commitment to enhancing its R&D capabilities[40]. - The company has invested in new technology and process improvements to enhance production efficiency and product quality[72]. Financial Management - The total amount of raised funds is RMB 352.50 million, with RMB 38.61 million raised from the initial public offering[50]. - The company plans to continue purchasing financial products to manage idle funds effectively[56]. - The financial management strategy includes both bank and broker products to diversify investment sources[56]. - The company has invested 3,000 million CNY in wealth management products with a guaranteed return of 3.70%, maturing on September 23, 2018[60]. Shareholder Information - The total number of shares increased from 68,950,000 to 117,215,000 due to a capital reserve conversion plan, with a total of 48,265,000 shares being converted[100]. - The cash dividend distributed was RMB 2.90 per 10 shares, totaling RMB 19,995,500 (including tax)[100]. - The total number of ordinary shareholders at the end of the reporting period was 13,231[106]. Compliance and Governance - The half-year financial report has not been audited[79]. - The company has not encountered any major changes in project feasibility or significant delays in expected benefits[53]. - The company has not engaged in derivative investments or entrusted loans during the reporting period, indicating a conservative financial strategy[65][66]. Market and Industry Position - The company has participated in the development of over 5,000 aviation components across more than 20 aircraft models[25]. - The company has established a mature quality management system and has obtained AS9100D certification, enhancing its manufacturing credibility[73]. - The company primarily engaged in precision machining of military aircraft and civil passenger aircraft components during the reporting period[140].