GH-Tech(000004)2021-08-26 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥93,012,256.34, representing a 73.92% increase compared to ¥53,481,116.86 in the same period last year[23]. - The net profit attributable to shareholders for the first half of 2021 was ¥6,087,423.98, a significant increase of 136.44% from ¥2,574,595.02 in the previous year[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥5,283,589.96, up 163.91% from ¥2,002,008.84 in the same period last year[23]. - The basic earnings per share for the first half of 2021 was ¥0.0369, an increase of 136.54% compared to ¥0.0156 in the previous year[23]. - The total operating revenue for the current reporting period reached ¥93,012,256.34, representing a year-on-year increase of 73.92% compared to ¥53,481,116.86 in the same period last year[48]. - The company reported a net profit of 90.99 million RMB for 2019, exceeding the performance commitment of 90 million RMB, while the 2020 net profit was 75.92 million RMB, falling short of the commitment of 117 million RMB[105]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,556,155,384.39, a slight decrease of 0.47% from ¥1,563,562,870.86 at the end of the previous year[23]. - The net assets attributable to shareholders at the end of the reporting period were ¥1,462,891,158.33, reflecting a 0.42% increase from ¥1,456,803,734.35 at the end of the previous year[23]. - The company's total assets as of the end of the reporting period were ¥1,395,402,990.02, slightly down from ¥1,400,163,644.79[138]. - Total liabilities decreased to ¥17,389,091.81 from ¥17,621,859.94, indicating a reduction of 1.3%[139]. - The equity attributable to shareholders of the parent company increased to ¥1,378,013,898.21 from ¥1,382,541,784.85, showing a slight decline of 0.3%[139]. Cash Flow - The net cash flow from operating activities for the first half of 2021 was -¥35,286,523.43, showing a slight improvement of 1.28% compared to -¥35,743,936.93 in the same period last year[23]. - The company reported a net cash flow from operating activities of -¥35,286,523.43, a slight improvement of 1.28% compared to -¥35,743,936.93 in the previous year[48]. - The cash and cash equivalents decreased to CNY 119,213,507.68 from CNY 180,176,747.49, representing a decline of about 33.8%[131]. - The cash and cash equivalents at the end of the first half of 2021 were CNY 118.85 million, an increase from CNY 88.61 million at the end of the first half of 2020[151]. - The total cash and cash equivalents at the end of the period were 90,502,902.59, compared to 57,420,809.32 at the end of the first half of 2020, marking an increase of approximately 57%[154]. Research and Development - Research and development investment rose to ¥22,924,055.61, marking a 38.75% increase from ¥16,521,834.93, mainly focused on the development of intelligent network security[48]. - Research and development expenses for the first half of 2021 were ¥13,861,519.22, compared to ¥11,999,546.93 in the previous year, marking a rise of 15.5%[142]. Risk Management - The company emphasizes the importance of risk management and has outlined potential risks and countermeasures in the report[5]. - The company has no instances of reclassifying non-recurring gains as recurring gains during the reporting period, adhering strictly to regulatory definitions[27]. - There is a risk of accounts receivable growth, with measures in place to manage and recover overdue accounts effectively[68]. Market and Product Focus - The company focuses on mobile application security services, providing comprehensive solutions across the entire lifecycle of mobile security, including design assessment, secure development testing, compliance evaluation, and operational support[30]. - The core brand "Aijiammi" offers seven product systems, including security protection, security detection, security management, business operation, threat perception, security supervision, and security services, serving various industries such as finance, telecommunications, and healthcare[30]. - The company aims to expand its market presence by enhancing its service offerings and leveraging big data analytics for improved security solutions[36]. Compliance and Governance - The company has not engaged in any significant asset or equity sales during the reporting period[64]. - The semi-annual financial report has not been audited[83]. - The company has not reported any changes in accounting policies or prior period error corrections during the current reporting period[166]. - The financial statements are prepared based on the actual transactions and events, in accordance with the accounting standards issued by the Ministry of Finance[174]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 25,393[117]. - Shenzhen Zhongnongda Technology Investment Co., Ltd. holds 14.47% of shares, totaling 23,876,848[117]. - A total of 31,204,935 restricted shares were released for trading on January 26, 2021, following the fulfillment of certain conditions[110]. - The company completed the repurchase and cancellation of shares related to performance compensation, reducing the total share capital from 165,052,625 shares to 156,003,026 shares[106]. Legal and Regulatory Matters - There are no significant litigation or arbitration matters affecting the company, with a total claim amount of 1,117.81 million yuan, and the company has been ordered to pay 130.52 million yuan in compensation in some cases[86]. - The company is not classified as a key pollutant discharge unit by environmental protection authorities and has not faced any administrative penalties related to environmental issues during the reporting period[76].