深水海纳(300961) - 2025 Q2 - 季度财报

Financial Performance - The company's operating revenue for the current period is ¥165,627,569.10, a decrease of 19.93% compared to ¥206,854,995.71 in the same period last year [23]. - The net profit attributable to shareholders is -¥15,676,196.97, representing a significant decline of 5,290.59% from ¥302,011.90 in the previous year [23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is -¥29,100,608.69, a decrease of 1,389.17% compared to -¥1,954,148.43 last year [23]. - The net cash flow from operating activities is ¥20,056,833.58, an increase of 237.88% from -¥14,546,424.49 in the same period last year [23]. - The company's operating revenue for the reporting period was ¥165,627,569.10, a decrease of 19.93% compared to ¥206,854,995.71 in the same period last year [50]. - Operating costs increased by 1.93% to ¥120,691,154.18 from ¥118,405,274.52 year-on-year [50]. - Sales expenses decreased by 20.38% to ¥8,814,335.09 from ¥11,070,209.93 year-on-year [50]. - Management expenses decreased by 22.60% to ¥26,177,282.13 from ¥33,819,137.12 year-on-year [50]. - The net loss for the first half of 2025 was CNY 14,630,687.23, compared to a net profit of CNY 2,087,477.55 in the first half of 2024 [161]. - The company's total liabilities decreased to CNY 1,049,510,951.76 in the first half of 2025 from CNY 1,108,849,809.49 in the previous year [157]. Market Expansion and Strategy - Future outlook indicates a projected revenue growth of 15% for the next fiscal year, driven by new product launches and market expansion strategies [17]. - Market expansion efforts include entering three new provinces, aiming for a 20% increase in market share by the end of 2025 [17]. - The company is exploring potential mergers and acquisitions to enhance its service capabilities, targeting a completion of at least two deals within the next year [17]. - The company is actively pursuing market expansion through new projects in various provinces, including Shandong and Henan [56]. - The overall strategy includes potential mergers and acquisitions to strengthen market position and enhance service offerings [55]. Research and Development - The company is investing in R&D for new technologies, with an allocation of RMB 50 million for environmental technology innovations [17]. - The company has established a technology innovation center to address major technical needs in industrial park water pollution control and green technology development [43]. - Significant progress has been made in the research of heterogeneous Fenton catalytic oxidation technology, with new catalysts and equipment developed showing excellent performance and economic viability [44]. - The company is leveraging advanced technologies such as AI and IoT to develop a smart operation service system for environmental management [47]. - Research and development expenses decreased by 22.87% to 6,829,775.82 [51]. Sustainability and Environmental Focus - The company is focusing on sustainable practices, with a goal to reduce carbon emissions by 40% by 2026 [17]. - The company aims to become a leader in ecological environment smart governance in China, emphasizing its commitment to ecological improvement [30]. - The company is committed to sustainable development and aims to strengthen its leading position in the environmental protection sector through strategic market expansion [84]. - The company emphasizes the integration of corporate social responsibility with business development, adhering to national laws and regulations [101]. Financial Management and Risks - The management highlighted a 10% reduction in operational costs due to improved efficiency measures implemented in the first half of 2025 [17]. - The company discussed the risks associated with regulatory changes in the water industry and outlined strategies to mitigate these risks [17]. - The company is actively monitoring industry policies and macroeconomic conditions to mitigate risks associated with regulatory changes and economic fluctuations [84]. - The company has implemented measures to track and manage accounts receivable, including a collection assessment method and regular follow-ups with local government departments [89]. - The company plans to maintain a reasonable capital structure and leverage ratio to mitigate financial risks and maximize shareholder value [87]. Shareholder and Equity Information - The company plans not to distribute cash dividends, issue bonus shares, or increase capital using reserves [6]. - The company has approved a restricted stock incentive plan to motivate employees, with the plan being publicly announced and no objections received during the internal review period [95][96]. - The total number of shares outstanding is 177,280,000, with no changes in the overall percentage of ownership [137]. - Major shareholder Li Haibo holds 13.93% (24,700,000 shares) and has pledged 6,175,000 shares [139]. - The company has not undergone any changes in its controlling shareholder during the reporting period [144]. Operational Capacity and User Growth - The company reported a significant increase in user data, with a year-on-year growth of 25% in active users [17]. - The company achieved a total user base growth of 22,476,956, reflecting a year-over-year increase of 63% [81]. - The company reported a total of 36,000,000 in user data for its water treatment services, indicating a strong operational capacity [81]. - The company has ongoing projects with a total capacity of 4,195.48 million m³/day, indicating a strong focus on water treatment and management [56]. Financial Position and Assets - Total assets at the end of the current period amount to ¥2,552,135,224.72, down 5.62% from ¥2,704,076,285.88 at the end of the previous year [23]. - The net assets attributable to shareholders at the end of the current period are ¥741,839,874.92, a decrease of 2.07% from ¥757,516,071.89 at the end of the previous year [23]. - Cash and cash equivalents at the end of the reporting period amounted to ¥75,107,175.47, representing 2.94% of total assets, a decrease of 0.32% compared to the previous year [59]. - Accounts receivable increased to ¥589,559,396.71, accounting for 23.10% of total assets, up by 2.09% from the previous year [59]. - The company's short-term borrowings rose to ¥277,788,617.51, which is 10.88% of total liabilities, an increase of 1.32% compared to the previous year [59].