BIRD(SH:600130)2021-08-23 16:00Financial Performance - The company's operating revenue for the first half of 2021 reached ¥416,635,472.45, representing a 227.54% increase compared to ¥127,200,887.71 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was ¥29,885,809.85, a 10.17% increase from ¥27,127,912.37 in the previous year[20]. - The net cash flow from operating activities was ¥29,427,497.04, a significant recovery from a negative cash flow of ¥13,258,607.63 in the same period last year[20]. - The operating profit was 36.96 million RMB, a decrease of 0.59 million RMB compared to the same period last year, representing a decline of 1.57%[27]. - The company reported a net loss from operating activities of 4.69 million RMB, an improvement of 13.54 million RMB compared to the previous year[33]. - The total profit for the first half of 2021 was ¥37,323,952.55, compared to ¥37,573,813.74 in the first half of 2020, showing a slight decrease of about 0.7%[69]. - The comprehensive income total for the first half of 2021 was ¥35,491,385.67, compared to ¥27,050,856.65 in the same period of 2020, reflecting an increase of approximately 31.5%[72]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,244,958,892.08, showing a slight decrease of 0.51% from ¥1,251,363,164.66 at the end of the previous year[20]. - The company's total liabilities decreased from CNY 297,281,995.27 in 2020 to CNY 246,737,837.02 in 2021, reflecting a reduction of about 16.9%[63]. - The total equity increased from CNY 954,081,169.39 in 2020 to CNY 998,221,055.06 in 2021, indicating a growth of approximately 4.6%[63]. - The company's total liabilities and equity at the end of the reporting period were 930,530,081.05[96]. - The company's total current liabilities included accounts payable of CNY 211,991,946.51 as of June 30, 2021[188]. Cash Flow - The net cash flow from operating activities improved significantly due to a substantial decrease in operating receivables[31]. - The total cash inflow from investment activities was ¥328,304,210.57, while cash outflow was ¥408,545,211.98, resulting in a net cash flow of -¥80,241,001.41, which is an improvement from -¥198,029,970.53 in the previous year[78]. - The cash flow from financing activities showed a net inflow of ¥5,045,261.64, compared to no inflow recorded in the same period of 2020[78]. - The company experienced a net decrease in cash and cash equivalents of -¥46,893,160.98 for the first half of 2021, compared to -¥210,884,403.60 in the same period of 2020[78]. Shareholder Information - The total number of ordinary shareholders reached 68,605 by the end of the reporting period[55]. - The largest shareholder, Bowei Technology Group Co., Ltd., held 125,946,400 shares, representing 16.4% of the total shares[56]. - The second-largest shareholder, Yang Xiaocheng, held 19,775,904 shares, accounting for 2.57% of the total shares[56]. Research and Development - The company’s research and development expenses increased by 301.36% to 7.75 million RMB, reflecting a significant investment in innovation[30]. - The company has made attempts to diversify beyond mobile phone reliance, but these new product developments and business explorations face considerable uncertainty[41]. Risk Management - The company emphasized the importance of risk awareness regarding future development strategies and operational goals[5]. - The company has faced significant market and technological risks, particularly in the highly competitive mobile communications industry, which has been exacerbated by rapid advancements in technology and product updates[41]. Accounting Policies - The company has not made any accounting policy changes or corrections for prior period errors during the reporting period[100]. - The company adheres to the accounting standards, ensuring that financial statements accurately reflect its financial position and operating results[109]. - The company recognizes expected credit losses based on the risk of default, with the loss being the present value of the difference between all contractual cash flows and expected cash flows[125]. Investment and Subsidiaries - The company holds a 5.09% stake in Shenzhen Huada Beidou Technology Co., Ltd., valued at CNY 61.01 million[40]. - The company has included several subsidiaries in its consolidated financial statements, enhancing its operational scope[105].