ST中安(600654) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥1,328,834,484.70, representing a 30.96% increase compared to ¥1,014,688,966.38 in the same period last year[27]. - The net profit attributable to shareholders of the listed company was -¥158,142,411.94, an improvement of 14.68% from -¥185,358,209.45 in the previous year[27]. - The net cash flow from operating activities was -¥85,089,380.04, which is a 32.28% improvement compared to -¥125,653,886.68 in the same period last year[27]. - The company reported a net profit excluding non-recurring gains and losses of -¥130,737,159.02, which is a 7.90% improvement from -¥141,945,808.84 in the same period last year[27]. - The company reported a net loss of ¥257,342,279.55 for the first half of 2021, compared to a loss of ¥135,303,229.49 in the same period of 2020[174]. - The total profit for the first half of 2021 was a loss of CNY 151,622,297.88, improving from a loss of CNY 179,323,019.18 in the same period of 2020[178]. - The total comprehensive income attributable to the parent company's owners for the first half of 2021 was CNY -181,662,425.04, compared to CNY -179,493,160.11 in the previous year[180]. Assets and Liabilities - Total assets as of the end of the reporting period were ¥4,617,929,934.67, showing a slight decrease of 0.25% from ¥4,629,666,515.76 at the end of the previous year[27]. - The company's total liabilities increased from CNY 4,537,054,504.82 to CNY 4,706,980,348.77, an increase of about 3.74%[169]. - The debt-to-asset ratio increased to 101.93%, up from 98.00%, mainly due to an increase in company liabilities[159]. - The company's equity attributable to shareholders decreased from CNY 92,612,010.94 to CNY -89,050,414.10, indicating a significant decline[169]. - Current liabilities totaled ¥1,997,575,874.30, an increase of 6.45% from ¥1,876,450,229.47 in the previous period[174]. - Non-current liabilities increased to ¥571,759,435.08, up from ¥533,908,404.06, indicating a growth of 7.09%[174]. Cash Flow - The net cash flow from operating activities for the first half of 2021 was -85,089,380.04 RMB, an improvement from -125,653,886.68 RMB in the same period of 2020[186]. - Cash inflow from financing activities increased significantly to 702,192,714.06 RMB from 344,023,370.85 RMB in the first half of 2020[186]. - The net cash flow from financing activities improved to 116,463,536.79 RMB compared to 88,231,122.94 RMB in the same period last year[186]. - The ending balance of cash and cash equivalents was 387,230,728.03 RMB, a decrease from 348,723,427.95 RMB year-over-year[186]. Research and Development - R&D expenses increased by 22.62% compared to the same period last year, primarily due to increased investment in research and development[46]. - Research and development expenses increased to ¥31,267,818.90, representing a rise of 22.06% from ¥25,499,315.48 in the first half of 2020[174]. Management and Strategy - The company plans to enhance its internal management and increase investment in technology research and development to improve operational performance[37]. - The company plans to enhance its market expansion strategies and invest in new product development to drive future growth[186]. - The company is actively exploring partnerships with local enterprises in Australia to secure more government bidding projects[37]. Shareholder and Equity Information - The largest shareholder, Shenzhen Zhongheng Huizhi Investment Co., Ltd., holds 527,977,838 shares, representing 41.15% of the total shares[128]. - The company has a total guarantee amount of RMB 1,080,363,503.27, which accounts for 1,166.55% of the company's net assets[121]. - The company has 60,521 common shareholders as of the end of the reporting period[127]. Legal and Compliance - The company has not reported any significant litigation or arbitration matters during the reporting period[101]. - The company has not disclosed any significant environmental or social responsibility updates during the reporting period[82]. - The company has not reported any progress on employee stock ownership plans or other incentive measures[79]. Other Financial Metrics - The basic and diluted earnings per share were both CNY -0.12, an improvement of 14.29% from CNY -0.14 in the same period last year[28]. - The company's cash interest coverage ratio improved to -3.56 from -3.19, reflecting a decrease in cash interest expenses[160]. - The company's EBITDA interest coverage ratio improved to -0.26 from -0.67, indicating an increase in operating profit[160].