SMTCL(SZ:000410)2021-08-29 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥838,211,369.91, representing an increase of 28.84% compared to ¥650,606,912.40 in the same period last year[27]. - The net profit attributable to shareholders of the listed company was -¥178,462,344.18, a 50.33% improvement from -¥359,326,297.31 in the previous year[27]. - The net cash flow from operating activities was -¥123,389,240.36, showing a 68.36% increase in cash outflow compared to -¥389,934,653.80 last year[27]. - The total assets at the end of the reporting period were ¥5,997,950,809.09, an increase of 7.97% from ¥5,555,335,057.58 at the end of the previous year[27]. - The net assets attributable to shareholders of the listed company decreased by 48.90% to ¥186,029,668.17 from ¥364,018,424.38 at the end of the previous year[27]. - The basic and diluted earnings per share were both -¥0.11, an improvement of 47.62% from -¥0.21 in the same period last year[27]. - The weighted average return on net assets was -64.95%, a decrease of 26.26% compared to -38.69% in the previous year[27]. - The company reported a significant increase in cash flow from investing activities, with a net inflow of ¥244,110,881.12, compared to a net outflow of -¥2,202,821.73 in the previous year, marking an increase of 11,181.74%[42]. - The total revenue for the reporting period reached 12,490.25 million CNY, with a year-on-year increase of 5.74%[109]. Revenue Breakdown - The industrial machinery segment accounted for ¥645,850,342.94, or 77.05% of total operating revenue, up from 79.87% in the previous year[43]. - The company's main business revenue reached ¥645,850,342.94, representing a year-on-year increase of 24.29%[46]. - The revenue from CNC machine tools was ¥565,999,474.45, accounting for 67.52% of the total revenue, with a growth of 35.15% compared to the previous year[46]. - The gross profit margin for the main business was 8.42%, an increase of 18.90% year-on-year[46]. - The Northeast region's revenue decreased by 32.92% to ¥183,719,566.86, while the East China region saw a 90.81% increase to ¥312,973,730.15[46]. - The company reported a significant increase in revenue from the Southeast region, which grew by 111.96% to ¥67,929,876.58[46]. Cost Management - Research and development investment decreased by 34.54% to ¥11,012,858.93, down from ¥16,823,914.44, as projects are in a gradual development stage[42]. - The company’s financial expenses decreased by 1.11% to ¥43,643,927.52, compared to ¥44,132,749.25 in the previous year[42]. - The company’s sales expenses decreased significantly by 37.93% to ¥46,424,000.08, down from ¥74,788,039.04, due to enhanced budget control measures[42]. - The company’s management expenses decreased by 10.21% to ¥120,618,002.46, compared to ¥134,327,450.11 in the previous year[42]. - The company reported a decrease in employee compensation payable to CNY 295,487,258.56 from CNY 409,590,620.33, a reduction of about 28%[166]. Investment and Financing - The company reported a significant decrease in investment, with a total of ¥38,500,000.00 in the current period, down 94.50% from ¥700,000,000.00 in the same period last year[54]. - Cash inflow from financing activities was CNY 200,000,000.00, with a net cash flow of CNY 168,386,331.29, recovering from a net outflow of -CNY 35,326,911.84 in the prior year[199]. - The maximum daily deposit limit with the controlling shareholder's financial company was 250 million CNY, with an interest rate range of 0.525% to 2.25%[115]. Legal and Compliance - The company is currently involved in several lawsuits, with the latest updates indicating that hearings have not yet concluded for many cases[98]. - The company has not formed any expected liabilities from the ongoing lawsuits, reflecting a cautious approach to potential financial impacts[95]. - The integrity status of the company and its controlling shareholders remains good, with no significant debts unpaid or unfulfilled court judgments[103]. - The company has not experienced any environmental pollution incidents or received any environmental penalties to date[81]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[89]. Environmental Responsibility - The company is classified as a key pollutant discharge unit by environmental protection authorities[81]. - The total emissions of COD were 2.38961 tons, well below the approved total of 36.66 tons, indicating compliance with discharge standards[81]. - The company has invested 470,000 yuan in an energy-saving project that will reduce CO2 emissions by 2,402 tons annually[84]. - The company is currently upgrading its wastewater treatment facilities to improve industrial wastewater processing efficiency[81]. - The company has three ongoing construction projects related to environmental impact assessments[81]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 72,291, with a significant shareholder, China General Technology (Group) Holding Co., Ltd., holding 29.99% of shares, equating to 505,042,344 shares[135]. - The company reported a total of 1,684,035,944 shares outstanding, with 99.81% being unrestricted shares[131]. - The total number of shares held by the top ten unrestricted ordinary shareholders amounted to 1,000,000,000 shares[140]. Future Outlook - The company plans to accelerate product upgrades and shift its product focus towards mid-to-high-end offerings[63]. - The company aims to enhance market expansion by ensuring order retention and improving the sales structure of mid-to-high-end products[66]. - The company intends to implement strict quality control measures and establish a dual assessment system for quality management[66]. - The company is focusing on cost reduction and efficiency improvement through budget control and management enhancement[66]. - The company is committed to risk prevention, including pandemic control and minimizing production safety incidents[66].