维科技术(600152) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥925,721,271.59, representing a 47.49% increase compared to ¥627,659,152.51 in the same period last year[19]. - The net profit attributable to shareholders of the listed company decreased by 80.69% to ¥6,598,337.50 from ¥34,164,803.96 in the previous year[19]. - The net cash flow from operating activities was ¥9,623,844.21, down 48.58% from ¥18,716,853.03 in the same period last year[19]. - Basic earnings per share decreased by 80.54% to CNY 0.0158 compared to the same period last year[20]. - Diluted earnings per share also decreased by 80.54% to CNY 0.0158 compared to the same period last year[20]. - The weighted average return on equity decreased by 2.02 percentage points to 0.46%[20]. - The company reported a significant increase in long-term borrowings, rising by 294.74% to ¥75.09 million, reflecting new bank loans obtained by a subsidiary[58]. - The total investment in equity for the current period was ¥337.02 million, a substantial increase of 437.46% compared to the previous year[60]. - The company reported a net loss of ¥18,013,193.59, an improvement from a loss of ¥24,611,531.09 in the previous period[127]. - Total operating revenue for the first half of 2021 reached ¥925,721,271.59, a 47.7% increase compared to ¥627,659,152.51 in the same period of 2020[132]. - Total operating costs amounted to ¥939,894,008.19, up from ¥627,136,593.89, reflecting a significant rise in operating costs[132]. - The company reported a total profit of ¥1,805,191.74, a substantial decline from ¥36,875,004.36 in the previous year[133]. - Total comprehensive income for the first half of 2021 was CNY 117,214,846.08, compared to CNY 172,932,112.70 in the same period of 2020, representing a decrease of approximately 32.3%[138]. Assets and Liabilities - The total assets increased by 14.21% to ¥3,621,988,195.09 from ¥3,171,313,866.46 at the end of the previous year[19]. - The company's total liabilities as of June 30, 2021, were CNY 1,200,000,000, reflecting a stable financial position[124]. - Total assets increased to ¥3,018,184,060.58 from ¥2,683,993,818.40, indicating growth in the company's asset base[131]. - The company's equity attributable to shareholders rose slightly to ¥1,432,290,663.01 from ¥1,423,075,857.02, an increase of about 0.8%[127]. - The total balance of trading financial assets increased from 48,683,250.00 CNY to 51,288,089.00 CNY, impacting profits positively by 12,224,237.19 CNY[66]. - The total amount of guarantees during the reporting period (excluding guarantees to subsidiaries) was 1,420,000,000.00 CNY[101]. - The total balance of guarantees at the end of the reporting period (A) was 830,000,000.00 CNY[101]. - The total amount of guarantees to subsidiaries during the reporting period was 976,000,000.00 CNY[101]. Research and Development - Research and development expenses rose by 31.58% to ¥53.19 million, driven by increased salaries for R&D personnel and material investments[50]. - The company is currently developing high energy density and fast-charging lithium batteries, having completed the R&D of 750Wh/L and 720Wh/L batteries, which are at the forefront of the industry[40]. - The company emphasizes the importance of new product and technology development to maintain market competitiveness[73]. Market and Industry Trends - The company focuses on the lithium-ion battery manufacturing industry, emphasizing high-quality development in the new energy sector[25]. - The demand for consumer batteries is driven by the growth in smartphone and laptop markets, with significant partnerships established with major brands[27]. - The electric two-wheeler market is expanding rapidly, providing a broad application market for lithium-ion batteries[30]. - The global consumer lithium-ion battery shipment is expected to reach 95 GWh in 2023, with China's shipments projected to grow from 37.8 GWh in 2020 to 51.5 GWh in 2023, reflecting a compound annual growth rate of 10.86%[33]. - In the first half of 2021, China's smartphone shipments increased by 14.8%, with 5G smartphone shipments doubling year-on-year, indicating a strong market push from 5G technology[34]. Corporate Governance and Compliance - The report is unaudited, and the management has confirmed the accuracy and completeness of the financial report[4]. - The company has not proposed any profit distribution plan or capital reserve transfer to increase share capital for this reporting period[5]. - There are no non-operating fund occupation situations by controlling shareholders and their related parties[6]. - The company has detailed the potential risks it may face in the report, which investors should be aware of[5]. - The company has not faced any significant penalties or corrective actions related to legal violations by its directors, supervisors, or senior management during the reporting period[90]. Environmental and Social Responsibility - The company is committed to environmental protection and has invested in energy-saving and emission-reduction initiatives, enhancing resource utilization[84]. - The company’s subsidiary, Vico Battery, has obtained multiple quality and environmental management certifications, ensuring compliance with pollution control standards[84]. Shareholder and Capital Structure - The company completed a non-public offering of A-shares, raising a total of RMB 699.99 million, with a net amount of RMB 689.75 million after deducting related issuance costs[47]. - The total number of shares before the changes was 420,920,087, which decreased to 411,603,032 after the repurchase and cancellation of 9,317,055 shares[109]. - The company completed a non-public issuance of A-shares, increasing the total number of shares to 525,795,527 with an issuance of 114,192,495 shares[112]. - The company repurchased and canceled 1,896,000 restricted shares at a price of 3.26 CNY per share due to the departure of 10 incentive plan participants[81]. Financial Reporting and Accounting Policies - The company's financial statements were approved by the board on August 26, 2021, ensuring compliance with regulatory standards[163]. - The company prepares financial statements based on the going concern assumption, believing it has sufficient operating funds for at least 12 months from the approval date of the financial statements[167]. - The company's accounting policies ensure that the financial statements reflect a true and complete view of its financial position and operating results[169].