*ST中期(000996) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥15,914,983.28, a decrease of 9.32% compared to the same period last year[21]. - The net profit attributable to shareholders for the first half of 2021 was ¥2,490,209.82, down 39.09% year-on-year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,146,011.55, a decline of 47.66% compared to the previous year[21]. - Basic earnings per share for the first half of 2021 were ¥0.0072, down 39.50% from ¥0.0119 in the previous year[21]. - Total operating revenue for the first half of 2021 was ¥15,914,983.28, a decrease of 9.3% compared to ¥17,550,722.07 in the first half of 2020[109]. - Operating profit decreased to ¥2,368,344.89, down 42.2% from ¥4,099,981.16 in the first half of 2020[110]. - Net profit for the first half of 2021 was ¥2,490,209.82, a decline of 39.1% compared to ¥4,088,349.66 in the previous year[110]. - Total comprehensive income for the first half of 2021 was ¥3,352,796.63, a decrease from ¥4,088,349.66 in the same period last year[111]. Cash Flow and Assets - The net cash flow from operating activities improved to -¥3,645,906.94, a 62.05% increase compared to -¥9,606,643.30 in the same period last year[21]. - The company's cash and cash equivalents decreased to 1,266,703.45, down from 4,912,610.39, a reduction of 0.55% in total assets[38]. - The cash and cash equivalents at the end of the period were 1,266,703.45, down from 1,476,452.33 in the previous period[120]. - Total cash inflow from operating activities amounted to 38,233,937.58, compared to 27,308,593.47 in the previous period, reflecting a growth of approximately 40%[118]. - Cash outflow from operating activities increased to 41,879,844.52 from 36,915,236.77, representing an increase of about 13%[118]. - The company's long-term equity investments accounted for 88.88% of total assets, totaling 616,413,024[38]. - Total assets at the end of the reporting period were ¥693,561,241.13, an increase of 3.74% from the end of the previous year[21]. - Current assets decreased to CNY 49,521,707.85 from CNY 58,328,579.49, a decline of about 15%[101]. Business Focus and Strategy - The automotive service business remains the main focus, but the company has not increased investment in recent years, leading to a competitive disadvantage[29]. - The overall decline in automotive sales was influenced by the ongoing impact of the COVID-19 pandemic[29]. - The company plans to vigorously promote asset restructuring in 2021, focusing on modern service businesses such as futures, fund sales, and 5G[47]. - The company will actively develop modern service businesses, including 5G and fund sales, as a strong supplement to its main business[48]. - The company plans to expand its market presence and invest in new product development to drive future growth[127]. - The company aims to enhance shareholder value through strategic mergers and acquisitions in the upcoming quarters[127]. - The company is focusing on strategic mergers and acquisitions to drive growth and increase market share[134]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[8]. - The total number of ordinary shareholders at the end of the reporting period was 38,493[86]. - The largest shareholder, Mid-term Group Limited, held 19.44% of the shares, amounting to 67,077,600 shares[86]. - No repurchase of shares was implemented during the reporting period[85]. - The company did not distribute cash dividends or issue bonus shares for the half-year period[53]. Compliance and Governance - There were no significant changes in the board of directors, supervisors, or senior management during the reporting period[52]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[66]. - The company has not experienced any administrative penalties related to environmental issues during the reporting period[57]. - The half-year financial report has not been audited[63]. - The financial report was approved by the board of directors on August 29, 2021[140]. - The company has not identified any factors affecting its ability to continue as a going concern for the next 12 months[142]. Financial Reporting and Accounting Policies - The company follows the accounting standards set by the Ministry of Finance and prepares its financial statements based on the going concern assumption[141]. - The company has implemented new accounting policies that may impact future financial reporting[129]. - The company adjusts the financial statements of subsidiaries to align with its accounting policies and periods[158]. - The company recognizes impairment losses for non-current assets held for sale when their carrying amount exceeds the fair value less selling costs[199]. Risk Management - The company faces strategic transformation risks, particularly in integrating new businesses with existing ones, which may impact stable profitability[48]. - There is a risk of restructuring failure, pending approval from the shareholders' meeting and regulatory bodies, which introduces uncertainty in the timeline[47].