SHREG(SZ:000803)2015-08-21 16:00Financial Performance - The company reported a revenue of ¥45,506,357.60, a decrease of 35.70% compared to ¥70,774,967.08 in the same period last year[28]. - The net profit attributable to shareholders was -¥7,111,954.25, representing a decline of 568.83% from ¥1,516,954.49 in the previous year[28]. - The operating profit was -¥5,790,975.97, down 315.83% from ¥2,683,152.13 in the same period last year[28]. - The company’s total assets at the end of the reporting period were ¥456,597,119.03, a slight decrease of 0.16% from ¥457,348,369.14 at the end of the previous year[20]. - The net assets attributable to shareholders decreased by 4.71% to ¥143,929,126.25 from ¥151,041,080.50 at the end of the previous year[20]. - The basic earnings per share were -¥0.06, a decrease of 700.00% compared to ¥0.01 in the same period last year[20]. - The company achieved a net cash flow from operating activities of -¥12,894,402.55, an improvement of 4.00% from -¥55,179,688.45 in the previous year[20]. - The company reported a net cash flow from financing activities of ¥19,331,261.13, a decrease of 58.82% from ¥46,943,846.66, influenced by a 14.98% reduction in cash inflow from borrowings[30]. - The gross profit margin for the main business was 21.88%, down 7.60% year-on-year, with total revenue from the main business at ¥40,682,398.05, a decline of 42.38%[33]. - Revenue from real estate development was ¥13,657,455.00, down 57.59% year-on-year, with a gross profit margin of 68.55%[33]. - The automotive sales revenue decreased by ¥4,002,564.13, reflecting a 55.50% decline compared to the previous year[33]. Cost Management - Operating costs decreased by 24.98% to ¥37,353,993.24 from ¥49,794,652.43, reflecting the corresponding decline in revenue[30]. - Sales expenses dropped significantly by 57.59% to ¥1,184,324.84, mainly due to reduced advertising costs for property sales[30]. - The company has implemented cost control measures and budget management to enhance financial management and achieve operational goals[32]. - The company plans to strengthen internal management and cost control in response to the challenging economic environment[28]. - The company aims to enhance its management system and budget management to mitigate adverse business conditions[28]. Shareholder and Equity Information - The company did not declare any cash dividends or bonus shares for the reporting period[6]. - The company plans to not distribute cash dividends or issue new shares from capital reserves for the current reporting period[51]. - The total number of ordinary shareholders was 8,061, with the largest shareholder holding 23.51% of the shares[92]. - The total number of shares outstanding is 127,730,893, with 29.33% being restricted shares and 70.67% being unrestricted shares[91]. - The company reported a total profit distribution of 25,340.25 million, which includes allocations to surplus reserves[135]. - The company’s total equity at the end of the period was 127,730.89 million, with a decrease of 3,131.95 million compared to the previous period[135]. Legal and Compliance Matters - There are no major litigation or arbitration matters reported during the period, ensuring a stable legal environment for the company[57]. - The company received a regulatory notice from the Shenzhen Stock Exchange regarding compliance issues, emphasizing the need for strict adherence to securities laws[87]. - The company has implemented measures to prevent future violations, including mandatory training on relevant laws and regulations for its board and management[87]. - The company is committed to improving compliance and governance practices following regulatory scrutiny[87]. Asset and Liability Management - The company's cash and cash equivalents decreased from ¥24,563,054.94 to ¥15,036,709.85, representing a decline of approximately 38.5%[107]. - Accounts receivable increased from ¥2,298,535.01 to ¥3,983,580.82, showing a growth of about 73.4%[107]. - Other receivables rose from ¥18,311,662.24 to ¥28,903,258.57, indicating an increase of approximately 58.2%[107]. - Short-term borrowings increased from ¥112,200,000.00 to ¥135,700,000.00, reflecting a rise of approximately 20.9%[109]. - Total liabilities increased from ¥306,112,500.00 to ¥312,474,246.39, marking a growth of about 2.4%[109]. Future Outlook and Strategic Plans - The company has not disclosed any future development plans or significant changes in profit structure for the reporting period[31]. - The company has not engaged in any significant non-public fundraising investment projects during the reporting period[49]. - The company has not conducted any asset sales or mergers during the reporting period, maintaining its current asset structure[62][63]. - The company has not engaged in any related party transactions during the reporting period, ensuring transparency in its operations[65]. - The company has not reported any new product launches or technological advancements during this period[136]. - There is no mention of market expansion or mergers and acquisitions in the current financial report[131]. - Future outlook and performance guidance were not provided in the available documents[131]. Financial Reporting and Accounting Practices - The company’s half-year financial report has not been audited[82]. - The financial statements are prepared based on the continuous operation principle and comply with the relevant accounting standards[145]. - The company recognizes cash and cash equivalents as cash on hand and bank deposits that are not restricted[154]. - The company classifies financial instruments into categories such as financial assets, financial liabilities, and equity instruments, with initial recognition based on fair value[156]. - The company emphasizes the importance of fair value measurement and impairment testing in its financial reporting practices[161].