SDHH(SZ:000822)2021-08-05 16:00Financial Performance - The company's operating revenue for the first half of 2021 was CNY 2,521,467,286.89, representing a 46.39% increase compared to CNY 1,722,409,482.64 in the same period last year[22]. - The net profit attributable to shareholders of the listed company reached CNY 252,300,919.91, a significant turnaround from a loss of CNY 134,368,505.64 in the previous year, marking an increase of 287.77%[22]. - The net profit after deducting non-recurring gains and losses was CNY 249,444,233.69, compared to a loss of CNY 138,449,966.84 last year, reflecting a growth of 280.17%[22]. - The net cash flow from operating activities was CNY 110,364,236.56, up 262.22% from CNY 30,468,671.59 in the same period last year[22]. - Basic earnings per share were CNY 0.28, a recovery from a loss of CNY 0.15 per share in the previous year, representing an increase of 286.67%[22]. - The company achieved operating revenue of CNY 2,521,467,286.89, an increase of 46.39% compared to the same period last year, primarily due to increased sales volume and prices of its main product, soda ash[39]. - Net profit attributable to the parent company reached CNY 252,300,900, marking a turnaround from loss to profit year-on-year[39]. - The company’s cash flow from operating activities increased by 262.22% to CNY 110,364,236.56, driven by higher cash receipts from sales[39]. - The company reported a total operating income of 45,252,484.91 yuan from its subsidiary Shandong Haohua Shengxing Thermal Power Co., Ltd.[53]. - The total operating costs amounted to CNY 2,168,995,448.26, up from CNY 1,835,609,839.32, indicating an increase of about 18.2%[122]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,528,739,857.58, an increase of 5.17% from CNY 4,306,175,297.29 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company were CNY 3,299,868,214.44, up 8.45% from CNY 3,042,705,492.14 at the end of the previous year[22]. - The total assets of the company as of June 30, 2021, were CNY 4,587,477,152.72, compared to CNY 4,306,460,099.88 at the end of 2020, an increase of about 6.5%[121]. - The total liabilities decreased slightly to CNY 1,148,320,801.36 from CNY 1,127,151,968.59, a reduction of approximately 1.9%[121]. - The company's equity increased to CNY 3,439,156,351.36 from CNY 3,179,308,131.29, representing a growth of about 8.2%[121]. - Current assets reached CNY 2,229,587,017.69, up from CNY 1,885,790,870.46 at the end of 2020, indicating a growth of approximately 18.2%[110]. - The company's inventory decreased by 27% year-on-year, totaling ¥367,440,230.48, which is 8.11% of total assets[47]. - The company's long-term equity investments increased to ¥57,752,166.57, accounting for 1.28% of total assets[47]. Cash Flow - The net cash flow from operating activities for the first half of 2021 was ¥110,364,236.56, a significant increase from ¥30,468,671.59 in the same period of 2020, representing a growth of 262.5%[133]. - Total cash inflow from operating activities reached ¥1,086,777,013.06, compared to ¥859,920,709.43 in the first half of 2020, indicating an increase of 26.4%[133]. - Cash outflow for purchasing goods and services decreased to ¥483,340,377.70 from ¥549,872,328.90, a reduction of 12.1%[133]. - The net cash flow from investment activities was -¥51,148,150.19, worsening from -¥4,155,165.53 in the previous year, indicating increased investment expenditures[133]. - The cash inflow from operating activities for the parent company was ¥1,052,443,504.88, an increase of 27.1% from ¥828,007,406.88 in the same period last year[136]. Dividends and Profit Distribution - The company plans to distribute a cash dividend of CNY 1.10 per 10 shares, totaling CNY 89,509,192.60 based on 895,091,926 shares[4]. - The company's distributable profit for the period is 469,841,976.08 CNY[62]. - The company plans to distribute a cash dividend of 1.10 CNY per 10 shares, totaling 98,460,111.86 CNY, which represents 100% of the distributable profit[62]. - The company's profit distribution for the current period includes a significant allocation of CNY -80,558,273.34, impacting retained earnings[141]. Environmental and Social Responsibility - The company has upgraded its dust removal systems at the soda ash plant, adding 15 new systems and 8 large mist cannon devices[67]. - Environmental monitoring data for the first half of 2021 met standards, with all pollution control facilities operating effectively[67]. - The company has established emergency response plans for environmental incidents, registered with local environmental authorities[71]. - The company emphasizes social responsibility, focusing on economic and social benefits, and aims for harmonious win-win relationships with stakeholders[74]. - The company adheres to environmental protection and sustainable development principles, promoting a green and low-carbon corporate strategy[75]. Risk Management - The company faces risks related to macroeconomic fluctuations, safety production, environmental protection, raw material supply, and management, with specific measures outlined to mitigate these risks[56][57]. - The company has established a dual prevention system for safety management to reduce operational risks[56]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 52,374, with a significant shareholder, Shandong Haohua Group Co., Ltd., holding 40.34% of shares, amounting to 361,048,878 shares[99]. - The company reported no changes in the number of restricted shares, maintaining a total of 895,091,926 shares, all of which are unrestricted[95]. - There were no changes in the shareholding structure of the top 10 shareholders, with UBS AG increasing its holdings by 3,094,656 shares to 13,350,651 shares, representing 1.49%[99]. Corporate Governance - The company has confirmed that there are no related party transactions or agreements among its major shareholders[100]. - The company has not engaged in any significant equity or asset sales during the reporting period[52]. - The company has not disclosed any significant contracts or major events during the reporting period, indicating stable operational conditions[93]. Accounting and Financial Reporting - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance and reflect the company's financial position, operating results, and cash flows accurately[152]. - The company operates on a calendar year basis, with its accounting period running from January 1 to December 31[154]. - The company has confirmed that there are no significant doubts regarding its ability to continue as a going concern for the next 12 months from the reporting date[153].