深华发A(000020) - 2021 Q2 - 季度财报

Financial Performance - The company achieved operating revenue of CNY 391,633,808.55, an increase of 30.24% compared to the same period last year[19]. - Net profit attributable to shareholders reached CNY 6,989,362.48, representing a significant increase of 120.79% year-on-year[19]. - The net profit after deducting non-recurring gains and losses was CNY 7,034,198.78, up 122.05% from the previous year[19]. - Basic earnings per share increased to CNY 0.0248, reflecting a growth of 121.43% year-on-year[19]. - The company's total comprehensive income for the first half of 2021 was 5,065,547.44, compared to 2,948,372.82 in the first half of 2020, indicating a significant increase[137]. Cash Flow and Liquidity - The company's cash flow from operating activities was negative at CNY -21,818,369.59, a decline of 202.92% compared to the same period last year[19]. - Cash and cash equivalents decreased by 90.86% to -¥1,355,867.36, attributed to increases in inventory and accounts receivable[30]. - The cash flow from operating activities for the first half of 2021 was -21,818,369.59, a decline from 21,200,212.24 in the same period of 2020[140]. - The company reported cash inflow from operating activities totaling 263,174,594.37 in the first half of 2021, compared to 255,345,305.13 in the previous year[140]. - The cash outflow from operating activities was 284,992,963.96 in the first half of 2021, compared to 234,145,092.89 in the same period of 2020, reflecting an increase of approximately 21.6%[140]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 673,347,527.18, up 7.26% from the end of the previous year[19]. - Total liabilities reached CNY 330,109,427.41 as of June 30, 2021, up from CNY 291,530,883.77, which is an increase of approximately 13.2%[120]. - The company's current assets totaled CNY 386,751,268.33 as of June 30, 2021, compared to CNY 337,861,677.02 at the end of 2020, indicating an increase of about 14.4%[118]. - The company's inventory surged by 85% to ¥129,877,952.00, indicating a substantial buildup of stock[33]. - The total approved guarantee amount at the end of the reporting period was CNY 30,000,000, with actual guarantee balances of CNY 2,788.96 million[85]. Business Segments - The industrial business generated revenue of CNY 36,657,280, an increase of 30.37% year-on-year, with net profit rising by 198.77%[27]. - The property leasing business reported revenue of CNY 2,506,100, up 34.01% from the previous year, with net profit increasing by 53.06%[27]. - The revenue from the display segment accounted for 50.67% of total revenue, amounting to ¥198,422,034.91, with a year-on-year growth of 21.50%[31]. Research and Development - Research and development expenses rose significantly by 63.23% to ¥3,955,647.50, driven by the introduction of new products[30]. - Research and development expenses for the first half of 2021 were CNY 3,955,647.50, compared to CNY 2,423,425.26 in the same period last year, reflecting a significant increase of 63.4%[129]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,986[100]. - Wuhan Zhongheng Group holds 42.13% of the shares, totaling 119,289,894 shares, with 116,100,000 shares pledged[100]. - The company has not engaged in any significant asset or equity sales during the reporting period[43]. - The company does not plan to distribute cash dividends or issue bonus shares for the half-year period[54]. Governance and Compliance - The company will enhance internal controls and governance structures in accordance with listing requirements, focusing on improving execution of related systems[49]. - The company has not faced any environmental penalties or issues during the reporting period[57]. - The company has not experienced any changes in its board of directors or senior management during the reporting period[53]. Legal Matters - The company reported a total litigation amount of 46,460,000 CNY related to a dispute with Shenzhen Vanke, which has not formed a provision for liabilities[66]. - The company has ongoing arbitration cases with a total amount of 1,940,200 CNY, which were rejected by the court[68]. Future Plans - The company plans to focus on the development and operation of its self-owned land resources as a long-term stable income source[28]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[31]. - The company aims to mitigate supply chain pressures by developing upstream raw material suppliers to avoid production disruptions[48].