AVICOPTER(SH:600038)2021-08-27 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥9,391,997,387.46, representing a 22.34% increase compared to ¥7,677,268,521.96 in the same period last year[15]. - The net profit attributable to shareholders of the listed company was ¥382,549,683.91, an increase of 28.09% from ¥298,650,263.46 in the previous year[15]. - The basic earnings per share for the first half of 2021 was ¥0.6490, up 28.11% from ¥0.5066 in the same period last year[16]. - The weighted average return on net assets increased to 4.2180% from 3.5832%, reflecting an increase of 0.6348 percentage points[16]. - The company reported a total profit of ¥446,907,885.16, which is a 34.66% increase from ¥331,665,327.07 in the previous year[79]. - The company's total comprehensive income for the first half of 2021 was ¥375,342,390.12, compared to ¥293,438,352.17 in the previous year, reflecting overall growth[80]. Cash Flow and Assets - The net cash flow from operating activities was -¥213,724,416.72, showing an improvement from -¥921,968,066.57 in the previous year[15]. - The company's cash and cash equivalents decreased by 16.34%, totaling ¥2,530,436,835.44, down from ¥3,024,800,621.43 at the end of the previous year[26]. - The total assets at the end of the reporting period were ¥25,631,788,703.69, a decrease of 2.56% from ¥26,305,880,468.91 at the end of the previous year[15]. - The total equity attributable to shareholders increased to CNY 9,043,165,959.67 from CNY 8,867,024,365.46, marking an increase of approximately 1.99%[76]. Investments and R&D - The company completed an investment of 400 million RMB in Hafei Aviation to enhance the assembly capacity for AC312E, AC332, and AC352 helicopters in Tianjin[21]. - Research and development expenses surged by 196.06% to ¥225,251,186.63 from ¥76,082,778.84 year-on-year[24]. - The company is focused on the development and production of aviation products and components, with ongoing investments in research and technology[90]. Liabilities and Shareholder Information - The company's short-term borrowings increased by 47.19% to ¥452,257,958.33, reflecting new borrowings by Harbin Aircraft[26]. - The total liabilities decreased to CNY 16,294,674,406.45 from CNY 17,137,820,268.58, representing a reduction of about 4.93%[76]. - The total number of ordinary shareholders at the end of the reporting period was 35,604[67]. - The largest shareholder, Harbin Aircraft Industry Group Co., Ltd., held 166,270,802 shares, accounting for 28.21% of total shares[68]. Environmental Compliance - The company has not experienced any environmental pollution incidents or received administrative penalties during the reporting period[43]. - Wastewater discharge monitoring is conducted with online monitoring systems for COD, ammonia nitrogen, and pH levels, ensuring compliance with environmental standards[44]. - The company has reduced nitrogen oxide emissions from gas boilers from 150 mg/m³ to 30 mg/m³, and COD discharge concentration from 50 mg/L to below 30 mg/L[45]. Corporate Governance - The company confirmed that there were no significant risks or non-operating fund occupation by controlling shareholders[4]. - The company is committed to maintaining compliance with regulatory requirements and ensuring the stability of its governance structure[39]. - The company has undergone changes in its board of directors, with the resignation of non-independent director Zhang Jichao and the election of Liu Zhenyu as a worker supervisor[39]. Market Expansion and Strategy - The company is actively developing the emergency rescue market and expanding its foreign trade market[21]. - The company is implementing a comprehensive quality management system to enhance product quality and operational efficiency[21]. - The company is actively expanding its market presence through strategic partnerships and investments in aviation-related projects[34].