JHCC(SZ:002484)2016-08-24 16:00Financial Performance - The company achieved operating revenue of ¥558,570,010.59, an increase of 6.14% compared to the same period last year[20]. - Net profit attributable to shareholders decreased by 9.79% to ¥60,561,167.01[20]. - The net profit after deducting non-recurring gains and losses was ¥50,019,954.33, down 2.76% year-on-year[20]. - The net cash flow from operating activities increased by 58.23% to ¥63,136,659.23[20]. - The basic earnings per share decreased by 43.63% to ¥0.1137[20]. - The company's operating revenue for the reporting period was ¥558,570,010.59, representing a year-on-year increase of 6.14% compared to ¥526,271,167.13 in the same period last year[33]. - Operating costs increased by 5.55% to ¥413,654,065.76 from ¥391,918,887.57, while sales expenses rose by 9.12% to ¥23,275,898.42[33]. - The company reported a total comprehensive income for the current period of ¥63,612,226.58, down from ¥70,495,595.29, indicating a decrease of 9.5%[128]. - The company's total profit before tax was ¥72,356,717.95, down from ¥78,906,671.08, representing a decrease of 8.5%[126]. Assets and Liabilities - Total assets as of June 30, 2016, were ¥2,131,526,029.67, a 3.92% increase from the end of the previous year[20]. - Current assets totaled RMB 1,274,190,774.73, up from RMB 1,221,106,271.86, indicating an increase of about 4.3%[114]. - Total liabilities amounted to CNY 330,183,149.49, up from CNY 277,073,366.42, which is an increase of approximately 19.2%[116]. - The company's equity attributable to shareholders increased to CNY 1,704,984,278.34 from CNY 1,677,703,111.33, reflecting a growth of about 1.6%[116]. Investments and Projects - The company invested a total of 22,829.98 million yuan in committed investment projects, with a completion rate of 101.51% for the industrial capacitor technology upgrade project[52]. - The high-performance high-voltage electrolytic foil project was terminated due to significant cost increases, particularly in electricity prices in Inner Mongolia[52]. - The company has cumulatively invested 22,260.26 million yuan in the high-capacity film capacitor production line as of June 30, 2016[53]. - The company signed an agreement to acquire Youpu Electronics, focusing on leveraging complementary advantages to expand target markets[35]. Research and Development - Research and development expenses remained stable at ¥31,187,074.91, a slight decrease of 0.42% compared to the previous year[34]. - The company is focusing on technological innovation in electrolytic foil and corrosion foil products to enhance competitiveness in the capacitor market[35]. - The company is advancing the scale trial production of supercapacitors, with positive progress in applications such as elevators and data centers, potentially leading to bulk sales in the second half of the year[30]. Shareholder Information - The total share capital increased from 332,800,000 shares to 532,480,000 shares due to a capital reserve conversion, adding 199,680,000 shares[62]. - The largest shareholder, Yiwei Investment Co., Ltd., holds 199,680,000 shares, representing 37.50% of the total shares[101]. - The company has 22,993 common stock shareholders at the end of the reporting period[101]. Compliance and Governance - The company has maintained compliance with corporate governance standards as per relevant regulations[69]. - There were no significant litigation or arbitration matters during the reporting period[70]. - The financial statements were approved by the board of directors on August 23, 2016, reflecting the company's commitment to transparency[150]. Cash Flow - The net cash flow from operating activities increased significantly by 58.23% to ¥63,136,659.23, attributed to improved collection of accounts receivable[34]. - Cash and cash equivalents decreased to RMB 440,240,515.10 from RMB 487,899,197.18, representing a decline of approximately 9.3%[113]. - The total cash increase for the period was ¥15,285,318.95, contrasting with a decrease of -¥61,052,358.38 in the previous period[135]. Related Party Transactions - The company reported a total of 7,197.31 million yuan in related party transactions during the reporting period[77]. - Sales of raw materials to Nantong Haili Electronics Co., Ltd. accounted for 26.75% of total sales, amounting to 2,535.92 million yuan[77]. - The pricing for all related party transactions was based on market pricing and fair value[77]. Financial Reporting and Standards - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the accuracy of its financial reporting[155]. - The semi-annual financial report has not been audited[92]. - The company has not reported any changes in the use of raised funds during the reporting period[55].