深南电A(000037) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥376,602,393.38, a decrease of 27.32% compared to ¥518,150,606.21 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was ¥1,456,269.68, down 97.20% from ¥52,040,498.42 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was -¥19,517,615.51, a decline of 292.30% compared to ¥10,149,730.42 in the same period last year[19]. - The basic earnings per share were ¥0.002, down 97.67% from ¥0.086 in the same period last year[19]. - The diluted earnings per share were also ¥0.002, reflecting the same decline of 97.67% compared to ¥0.086 in the previous year[19]. - The weighted average return on equity was 0.07%, a decrease of 2.50% from 2.57% in the previous year[19]. - The company reported a total profit for the first half of 2021 of CNY -0.76 million, compared to CNY 52.86 million in the same period of the previous year[125]. - The total comprehensive income for the first half of 2021 was CNY -0.76 million, compared to CNY 52.25 million in the same period of 2020[125]. Cash Flow and Investments - The net cash flow from operating activities was ¥68,920,712.99, a slight decrease of 1.45% from ¥69,936,561.46 in the previous year[19]. - The company reported a significant increase in investment cash flow outflows, totaling approximately CNY -442.54 million, a 528.57% increase compared to the previous year, mainly due to increased purchases of financial products[31]. - The net cash flow from investing activities was -¥442,542,660.44, compared to -¥70,404,614.02 in the first half of 2020, indicating a significant increase in investment outflows[133]. - Cash inflow from financing activities was ¥514,065,223.80, while cash outflow was ¥453,161,729.20, leading to a net cash flow of ¥60,903,494.60[133]. - The total cash and cash equivalents at the end of the period were ¥451,823,257.47, down from ¥1,084,903,966.81 at the end of the first half of 2020[133]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,206,158,742.54, an increase of 6.13% from ¥3,020,830,930.06 at the end of the previous year[19]. - The total liabilities increased to CNY 1,119,177,814.80 in the first half of 2021 from CNY 933,088,408.47 in the same period of 2020, marking a rise of 20%[117]. - The company's non-current assets rose to CNY 1,224,592,742.81 from CNY 1,085,600,688.66, showing an increase of approximately 12.83%[115]. - The total current liabilities decreased from CNY 1,145,000,000 to CNY 928,000,000, indicating a reduction of about 18.99%[115]. Operational Highlights - The company's main business includes power supply and heating production, with a total installed capacity of 900,000 kW from two gas-steam combined cycle power plants[27]. - In the first half of 2021, the two power plants generated a total of 635 million kWh of electricity, with 342 million kWh from price difference marketing and 265 million kWh from spot contract electricity[28]. - The energy sector accounted for 94.79% of total revenue, with a 24.06% decrease in electricity sales revenue compared to the previous year[32]. - The company's gross margin for the energy sector was 6.35%, down 5.00% year-on-year, indicating increased cost pressures[35]. Research and Development - Research and development expenses amounted to CNY 3.36 million, reflecting new technology development efforts by subsidiaries[31]. - The company invested CNY 3,360,629.60 in research and development during the first half of 2021, indicating a focus on innovation despite financial challenges[122]. Shareholder and Dividend Information - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[5]. - The total number of ordinary shareholders at the end of the reporting period was 40,917, with a significant shareholder, Hong Kong Nanhai Ocean (International) Limited, holding 15.28% of the shares[99]. - The company plans not to distribute cash dividends, issue bonus shares, or convert capital reserves into share capital for the half-year period[60]. Compliance and Governance - The company has not reported any significant litigation or arbitration matters during the reporting period[75]. - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[70]. - The company has not undergone any changes in its controlling shareholder or actual controller during the reporting period[103]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring accurate financial reporting[157]. Market and Strategic Outlook - The company plans to optimize upstream and downstream cooperation to reduce natural gas procurement costs amid rising prices due to high demand and supply constraints[54]. - The company is actively communicating with government departments to seek support and improve operational efficiency in response to challenging market conditions[52]. - The company is exploring diversified business models and transformation opportunities to enhance sustainable operations[52]. - The company aims to maintain a strong focus on safety management and compliance with new regulations to prevent accidents[53].