*ST京蓝(000711) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥432,767,579.42, representing a 43.40% increase compared to ¥301,795,471.02 in the same period last year[17]. - The net profit attributable to shareholders was -¥219,933,598.03, an improvement of 25.07% from -¥293,510,647.43 in the previous year[17]. - The net cash flow from operating activities was ¥15,435,793.93, a significant turnaround from -¥188,715,588.61 in the same period last year, marking an increase of 108.18%[17]. - The total assets at the end of the reporting period were ¥9,849,920,319.89, a slight increase of 0.47% from ¥9,803,908,957.22 at the end of the previous year[17]. - The net assets attributable to shareholders decreased by 9.70% to ¥2,053,819,576.83 from ¥2,274,392,433.84 at the end of the previous year[17]. - The weighted average return on net assets was -10.16%, a decline from -6.54% in the previous year[17]. - The company reported a significant increase in revenue from the South China region, which grew by 456.95% to ¥45,557,640.25, compared to ¥8,179,822.29 in the previous year[38]. - The company reported a net loss of CNY 242,804,197.19 for the first half of 2021, compared to a net loss of CNY 332,181,424.26 in the first half of 2020, representing a 26.9% improvement[141]. Revenue Sources - Soil remediation service revenue accounted for 78.57% of total revenue, indicating strong growth potential and development space in this segment[30]. - The soil remediation service segment generated ¥339,996,459.21, accounting for 78.57% of total revenue, with a year-on-year growth of 38.28%[38]. - The ecological water-saving operation service business saw a revenue increase of 106.35%, reaching ¥81,531,908.04, up from ¥39,510,601.89[38]. - The company achieved operating revenue of ¥432,767,579.42, representing a 43.40% increase compared to the same period last year, primarily driven by soil remediation and ecological water-saving services[30]. Strategic Initiatives - The company plans to enhance its competitive edge by improving the industrial chain and integrating various resources to provide comprehensive solutions[4]. - The company aims to seek external growth opportunities through capital markets to expand its market share[4]. - The company is actively pursuing mergers and acquisitions to enhance its industrial chain and improve resource integration capabilities[31]. - The company is focusing on talent cultivation to meet the increasing demand for professionals with diverse backgrounds as its business expands[4]. - The company aims to become an international leader in ecological environment planning, investment, construction, and operation services[31]. - The company is focusing on enhancing the synergy between its various business segments to reverse losses and promote sustainable development[30]. Research and Development - Research and development investment increased by 137.31% to ¥24,853,160.95, up from ¥10,472,810.98 in the previous year[36]. - The company has developed core technologies in soil remediation, water treatment, and agricultural waste recycling, supported by partnerships with prestigious research institutions[33]. - The company is in the process of establishing the first post-doctoral research station for land pollution remediation in China, further strengthening its research capabilities[33]. Financial Position - The company's cash and cash equivalents decreased to ¥148,543,338.96, down from ¥321,412,946.15, reflecting a 1.77% decline in total asset proportion[44]. - The company’s financial expenses increased by 8.42% to ¥188,279,564.48, primarily due to changes in financing structure leading to higher interest costs[36]. - The company reported a total of 24,960 million yuan in other comprehensive income for the current period[158]. - The total equity attributable to the parent company's owners at the end of the reporting period was 5,273.3 million yuan, a decrease of 293.5 million yuan compared to the previous period[157]. Market Expansion - The company anticipates strong market growth in soil remediation and water-saving irrigation sectors, supported by national policies and funding over the next 5-10 years[34]. - The company plans to enter two new international markets by the end of 2021, aiming for a 5% contribution to overall revenue[93]. - The company is expanding its market presence, targeting a 25% increase in market share within the next fiscal year[93]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 36,632[116]. - The largest unrestricted shareholder, Beijing Yangshu Lantian Investment Center, holds 170,763,781 shares[118]. - The shareholding percentage of Beijing Yangshu Lantian Investment Center is 16.68%[117]. - The shareholding percentage of Yin Xiaodong is 11.12%[117]. Legal and Compliance - The company has initiated legal proceedings against the compensation obligors for failing to meet performance commitments, with a court ruling in March 2021 requiring them to fulfill their obligations[71]. - The company is actively pursuing litigation related to engineering disputes and overdue debts, with a total amount involved of 828.33 million yuan, but it does not expect significant impacts on its operations[79]. - The half-year financial report has not been audited[74]. Guarantees and Liabilities - The company has external guarantees totaling CNY 52 million, with actual guarantees amounting to CNY 32.54 million by the end of the reporting period[92]. - The total guarantee amount approved for subsidiaries during the reporting period was CNY 106,650 million, with an actual occurrence of CNY 66,397.48 million[98]. - The company's total liabilities reached CNY 7,412,688,721.28, up from CNY 7,123,050,595.20, marking an increase of approximately 4.1%[133].