WGQ(SH:600648)2021-08-25 16:00Financial Performance - The company's operating revenue for the first half of 2021 was CNY 3,847,771,934.98, a decrease of 10.20% compared to CNY 4,284,866,709.77 in the same period last year[22]. - The net profit attributable to shareholders of the listed company increased by 15.94% to CNY 439,126,234.15, up from CNY 378,754,627.91 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 330,757,048.45, reflecting a 6.69% increase from CNY 310,022,850.10 in the same period last year[22]. - The net cash flow from operating activities was CNY 65,763,868.68, a significant decrease of 73.15% compared to CNY 244,929,803.62 in the previous year[22]. - The company achieved a total operating revenue of 3.925 billion yuan in the first half of 2021, reaching 38% of the annual budget[36]. - The net profit attributable to shareholders of the listed company was 439 million yuan, with a return on equity of 3.94%[36]. - Basic earnings per share increased by 18.18% to 0.39 yuan compared to the same period last year[23]. - The diluted earnings per share also rose by 18.18% to 0.39 yuan year-on-year[23]. - The weighted average return on equity increased by 0.41 percentage points to 3.94%[23]. - The basic earnings per share after deducting non-recurring gains and losses was 0.29 yuan, up 7.41% from the previous year[23]. Revenue Breakdown - Real estate leasing revenue reached 818 million CNY, accounting for 21% of total revenue; real estate transfer and sale revenue was 711 million CNY, making up 18%[39]. - Trade logistics revenue amounted to 1.674 billion CNY, representing 43% of total revenue; manufacturing, service finance, and other business revenue was 722 million CNY, contributing 18%[39]. Investment and Projects - The company launched 16 projects with a total construction area of 786,000 square meters and a total investment of 5.464 billion CNY in the first half of the year[43]. - The company plans to enhance its operational capabilities by establishing an international cultural relics trading center and promoting the development of a comprehensive bonded zone[60]. - The company aims to improve living standards by advancing the opening of the Senlan Yashi Pavilion and planning the construction of green spaces along the Huangpu River[60]. Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 40,430,093,120.85, representing a 2.89% increase from CNY 39,296,170,602.77 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company at the end of the reporting period were CNY 11,163,385,584.51, an increase of 1.88% from CNY 10,957,319,650.82 at the end of the previous year[22]. - Total liabilities were reported at ¥28,989,337,848.79, compared to ¥28,060,354,014.53, reflecting an increase of about 3.30%[148]. - Current liabilities totaled ¥20,726,119,745.22, up from ¥18,676,749,710.02, indicating a rise of approximately 10.95%[148]. Cash Flow - Operating cash inflow for the first half of 2021 reached CNY 8,166,235,010.23, a significant increase of 45% compared to CNY 5,628,197,280.71 in the same period of 2020[162]. - Cash inflow from financing activities was CNY 5,104,972,718.68, down 42% from CNY 8,828,859,112.51 in the first half of 2020[163]. - The ending balance of cash and cash equivalents was CNY 5,499,327,597.85, compared to CNY 1,186,857,105.60 at the end of the first half of 2020[163]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 62,705[124]. - The largest shareholder, Shanghai Waigaoqiao Asset Management Co., Ltd., holds 53.03% of the shares, totaling 602,127,116 shares[125]. - The company did not distribute profits or increase capital reserves during the reporting period[85]. Research and Development - Research and development expenses rose by 32.12% to 533.12 million from 403.53 million year-on-year, indicating increased investment in technology[69]. Guarantees and Liabilities - Total guarantee amount (including guarantees to subsidiaries) is CNY 391,926.44 million, accounting for 35.11% of the company's net assets[119]. - The total amount of guarantees provided to subsidiaries during the reporting period is CNY 107,421.40 million, with a balance of CNY 234,191.40 million at the end of the reporting period[119]. Compliance and Governance - The company has established an independent financial accounting department and management system[92]. - The company confirmed that its major shareholder will not engage in any competing business during its control period[92]. - The company maintains a commitment to independent operations, ensuring no interference from its major shareholder in management decisions[92].