Inform(603066)2021-08-26 16:00Financial Performance - The company's operating revenue for the first half of 2021 was CNY 378,677,313.60, representing a 16.04% increase compared to CNY 326,328,824.01 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was CNY 61,819,028.40, a 3.3% increase from CNY 59,845,824.62 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was CNY 55,041,861.40, which is a 13.07% increase from CNY 48,678,549.53 in the same period last year[18]. - The basic earnings per share for the first half of 2021 was CNY 0.2056, up 3.32% from CNY 0.199 in the same period last year[19]. - The diluted earnings per share also stood at CNY 0.2056, reflecting a 3.32% increase compared to CNY 0.199 in the previous year[19]. - The company reported a total revenue of 6,777,167.00, with a non-operating loss of -22,649.10 and a minority interest impact of -10,046.54[21]. - The company achieved a cash dividend of 19.12 million yuan, representing 20.20% of the net profit attributable to shareholders in 2020[38]. - The company reported a significant increase in other non-current assets to ¥18,484,958.38 from ¥14,387,369.43, representing a growth of approximately 28.5%[88]. - The total comprehensive income for the period was CNY 1,032.88 billion, showcasing overall financial health[128]. Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 8,589,173.72, a significant decrease of 115.87% compared to CNY 54,113,802.32 in the previous year[18]. - Cash flow from operating activities showed a net outflow of CNY -8,589,173.72, a significant decline from a net inflow of CNY 54,113,802.32 in the first half of 2020[104]. - Cash inflow from investment activities totaled CNY 648,948,169.32, while cash outflow was CNY 922,929,917.97, resulting in a net cash outflow of CNY -273,981,748.65 for the first half of 2021[104]. - The company's cash and cash equivalents as of June 30, 2021, amount to ¥155,590,576.58, down from ¥428,539,190.14 at the end of 2020[87]. - The cash and cash equivalents at the end of the period were CNY 150,773,259.88, down from CNY 158,812,566.20 at the end of the first half of 2020[104]. - Cash inflow from financing activities was 30,000,000.00 RMB, while cash outflow totaled 106,663,176.05 RMB, resulting in a net cash flow of 10,636,358.08 RMB[107]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,607,697,137.05, reflecting a 12.43% increase from CNY 1,429,905,129.48 at the end of the previous year[18]. - The company's total liabilities increased to CNY 511,312,476.98, up from CNY 390,436,579.53 in the previous year, reflecting a growth of 31.0%[94]. - Current liabilities rose to ¥487,558,125.96, compared to ¥352,905,783.48, indicating an increase of about 38.1%[88]. - Total liabilities reached ¥519,573,490.01, up from ¥383,541,876.17, reflecting a growth of approximately 35.5%[89]. - The total equity of the company reached CNY 1,030,005,071.73, an increase from CNY 994,859,765.48, marking a growth of 3.5%[94]. Operational Efficiency and Growth - The company has developed a diverse range of products including intelligent logistics robots, high-precision shelves, and system integration services, enhancing its market competitiveness[29]. - The company operates five production bases across China and is constructing a new facility in Thailand, aiming to optimize production capacity and reduce costs[29]. - The company’s warehouse automation services are designed to improve logistics efficiency and reduce labor costs, addressing the rising logistics costs which have increased by approximately 20%[28]. - The company aims to expand its market presence through new business models such as operational services and e-commerce, targeting both existing and new customer segments[29]. - In the first half of 2021, the company signed new orders amounting to a growth of approximately 77.81% compared to the same period last year[33]. Research and Development - The company holds 85 patents and 46 software copyrights, demonstrating its strong focus on technological innovation and product development[29]. - Research and development expenses for the first half of 2021 were CNY 9,700,853.60, slightly down from CNY 9,973,515.86 in the same period of 2020[97]. - The company is focused on developing digital and intelligent technologies, as well as e-commerce technology[52]. Risk Management - The company has a comprehensive approach to risk management, including measures for economic cycle risks and raw material price volatility[54]. - The company is enhancing customer credit evaluations and contract management to reduce accounts receivable risks[55]. - The company has established a supply chain management company to mitigate risks associated with raw material price fluctuations[54]. Shareholder and Equity Information - Total number of ordinary shareholders as of the end of the reporting period is 16,852[75]. - The largest shareholder, Jingdezhen Ceramic Culture Tourism Holding Group Co., Ltd., holds 90,180,800 shares, accounting for 29.99% of total shares[78]. - The company has completed the first phase of the Anhui Yinfly project, which is expected to alleviate capacity bottlenecks caused by increased business volume[34]. - The company plans to invest in the Jingdezhen Intelligent Logistics Equipment Industry Project, focusing on high-precision shelves and shuttle robots, with the project company already established[35]. Accounting Policies and Compliance - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring a true and complete reflection of the company's financial status[145]. - The company has established specific accounting policies and estimates based on its operational characteristics, ensuring compliance with relevant regulations[144]. - The company confirmed that it can control investments under common control before obtaining control of the merged entity, with losses and gains recognized from the date of original equity investment until the merger date[152].