HZSY(SH:600191)2021-08-30 16:00Financial Performance - The company's operating revenue for the first half of 2021 was CNY 947,531.29, a decrease of 97.41% compared to the same period last year[20]. - The net profit attributable to shareholders of the listed company was CNY 1,129,436.77, down 93.93% year-on-year[20]. - The basic earnings per share for the first half of 2021 was CNY 0.0023, a decline of 94.01% compared to the same period last year[21]. - The company reported a net profit of CNY -20,489,670.94 from Heng Tai Securities, with total revenue of CNY 1,009,444,638.62 for the reporting period[34]. - The company reported a net loss of CNY 7,273,980.00 during the first half of 2021, reflecting challenges in profitability compared to the previous period[86]. - The total comprehensive income for the first half of 2021 was CNY 3,562,497.17, compared to a loss of CNY 60,710,626.40 in the first half of 2020[70]. - The company experienced a credit impairment loss of CNY 1,022,840.83 in the first half of 2021, a significant improvement from a loss of CNY -3,433,063.43 in the previous year[69]. Cash Flow - The net cash flow from operating activities was -CNY 11,830,681.98, indicating a negative cash flow situation[20]. - The net cash flow from operating activities for the first half of 2021 was -11,830,681.98 RMB, compared to -5,363,616.76 RMB in the first half of 2020, indicating a decline in operational cash flow[75]. - Total cash inflow from operating activities was 2,620,857.35 RMB, significantly lower than 69,018,455.72 RMB in the same period last year, reflecting a decrease of approximately 96.2%[75]. - Cash outflow from operating activities totaled 14,451,539.33 RMB, down from 74,382,072.48 RMB in the previous year, marking a reduction of about 80.6%[75]. - Cash flow from investment activities showed a net inflow of 27,675,182.66 RMB, compared to 39,056,249.21 RMB in the first half of 2020, representing a decrease of approximately 29.2%[76]. - The company reported a net increase in cash and cash equivalents of 15,844,500.68 RMB for the first half of 2021, compared to 26,542,688.94 RMB in the same period of 2020, a decrease of approximately 40.8%[76]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,782,035,365.71, a decrease of 0.24% from the end of the previous year[20]. - The total liabilities decreased from CNY 99,783,805.21 in 2020 to CNY 91,897,369.82 in 2021, reflecting a reduction of approximately 7.5%[61]. - The total equity of the company at the end of the first half of 2021 was CNY 1,795,904,718.35, compared to CNY 1,958,043,183.05 at the end of the previous year, indicating a decrease of approximately 8.3%[89]. - The company's total current assets as of June 30, 2021, amount to 119,609,983.08 RMB, an increase from 85,189,184.08 RMB as of December 31, 2020, representing a growth of approximately 40.4%[59]. - The total non-current assets are reported at 1,638,297,768.68 RMB, reflecting a stable asset base[59]. Investment and Income - The company reported an investment income of CNY 17,111,000, contributing to the net profit[24]. - The investment income from Huaxia Bank's cash dividends was CNY 19,534,900[27]. - The investment income for the first half of 2021 was CNY 17,110,971.93, down from CNY 25,889,521.51 in the previous year[69]. - The company sold 4,604,001 shares of Huaxia Bank, retaining 64,900,000 shares, which represents 0.42% of the total share capital[32]. Business Operations - The company did not process any sugar business during the reporting period due to the pandemic and policy reasons, resulting in zero main business income[24]. - The company plans to continue collaborating with other sugar enterprises for processing raw sugar as part of its operational strategy[24]. - The company has not disclosed any significant changes in its business operations or future impacts during the reporting period[25]. Shareholder and Equity Information - The top ten shareholders hold a total of 31.49% of shares, with Baotou Grassland Sugar Industry Group Co., Ltd. being the largest shareholder at 152,717,960 shares[54]. - The total capital contributions from owners remained stable at 484,932,000.00, consistent with the previous year[85]. - The company has maintained a consistent level of paid-in capital at 484,932,000.00 throughout the reporting periods[85]. Compliance and Governance - The company has not faced any penalties or violations related to its directors, supervisors, or senior management[46]. - There were no significant lawsuits or arbitration matters during the reporting period[46]. - The company has not disclosed any major contracts or guarantees during the reporting period[50]. Accounting Policies - The company's financial statements are prepared based on the going concern assumption, with no significant doubts regarding its ability to continue operations in the next 12 months[102]. - The company’s accounting policies comply with the relevant enterprise accounting standards, ensuring accurate financial reporting[103]. - The company did not report any significant changes in accounting policies or prior period errors during this reporting period[83].