SCGS(SH:600678)2021-08-27 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥187,740,119.67, representing a 61.04% increase compared to ¥116,581,717.56 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2021 was ¥46,745,320.85, a 73.28% increase from ¥26,976,453.80 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥39,803,047.38, which is a 121.32% increase compared to ¥17,984,236.18 in the same period last year[20]. - The net cash flow from operating activities for the first half of 2021 was ¥39,119,746.22, up 31.59% from ¥29,727,449.82 in the previous year[20]. - Basic earnings per share for the first half of 2021 were ¥0.1339, a 73.22% increase from ¥0.0773 in the same period last year[21]. - The diluted earnings per share for the first half of 2021 were also ¥0.1339, reflecting the same growth rate of 73.22% compared to the previous year[21]. - The weighted average return on net assets increased to 25.23% from 20.00%, an increase of 5.23 percentage points[21]. Revenue Sources - Limestone sales revenue reached RMB 118.99 million, representing a year-on-year growth of 75.59%[30]. - The production of active calcium oxide totaled 211,600 tons, an increase of 65,000 tons, or 44.30% year-on-year[27]. - The total limestone extraction volume was 4.08 million tons, an increase of 1.82 million tons, or 80.23% year-on-year[26]. - The logistics park project achieved a cargo throughput of 548,200 tons, an increase of 75,500 tons, or 15.96% year-on-year[27]. Assets and Liabilities - The total assets at the end of the reporting period were ¥545,121,177.96, reflecting a 10.27% increase from ¥494,339,948.56 at the end of the previous year[20]. - The net assets attributable to shareholders at the end of the reporting period were ¥216,768,943.27, a 33.89% increase from ¥161,899,244.88 at the end of the previous year[20]. - The total liabilities decreased to CNY 326,374,810.19 from CNY 331,101,713.75, a reduction of 1.6%[125]. - The total amount of guarantees provided by the company, including those to subsidiaries, is RMB 177,388,086.25, which accounts for 81.09% of the company's net assets[105]. Investment and Development - The company is advancing a technical transformation project to increase limestone production capacity to 8 million tons annually, which entered trial production in April 2021[28]. - The company has increased its investment in the 800,000-ton project, leading to a rise in construction in progress by 25.02% to ¥165.22 million[39]. - The company is exploring potential mergers and acquisitions to enhance its market position and operational capabilities[124]. Environmental and Sustainability Efforts - The company has implemented a dust removal process modification plan to address temporary exceedances in emissions during production, ensuring compliance with monitoring standards[67]. - The company achieved a dust removal efficiency rate of over 99% through the use of sealed storage and dust collection systems[75]. - The company has committed to continuous improvement in environmental standards, exceeding national industry benchmarks[75]. - The company established an ecological restoration working group to implement annual vegetation restoration plans, achieving significant results in environmental improvement[76]. Corporate Governance and Shareholder Relations - The company has committed to maintaining independence from its controlling shareholders and avoiding any competition with its own subsidiaries[81]. - The company will not engage in any business activities that may compete with Sichuan Jinding, nor will it provide assistance to any competing entities[84]. - The company acknowledges that any breach of commitments will result in liability for direct and indirect economic losses to Sichuan Jinding[85]. Financial Stability and Future Outlook - The company reported a net loss of CNY 500,423,249.88, an improvement from a loss of CNY 547,168,570.73 in the previous period[125]. - The company plans to continue expanding its market presence and investing in new technologies[157]. - The company has set a future performance guidance aiming for sustained revenue growth in the upcoming quarters[157]. Accounting Policies and Financial Reporting - The company's accounting policies comply with the requirements of the enterprise accounting standards, ensuring a true and complete reflection of its financial status[179]. - The financial statements are prepared based on the going concern principle, with no significant doubts about the company's ability to continue operations for the next twelve months[178]. - The company recognizes investment income based on the fair value of equity interests held prior to the acquisition date, with the difference from book value included in current investment income[187].