MESNAC(SZ:002073)2021-08-29 16:00Financial Performance - The company's operating revenue for the first half of 2021 reached ¥1,857,961,137.61, representing a 55.18% increase compared to ¥1,197,328,076.55 in the same period last year[27]. - Net profit attributable to shareholders was ¥33,741,467.07, a significant increase of 503.55% from ¥5,590,486.65 in the previous year[27]. - The net cash flow from operating activities was ¥75,796,259.66, showing a remarkable increase of 1,270.11% compared to -¥6,477,693.59 in the same period last year[27]. - Basic earnings per share rose to ¥0.0364, up 506.67% from ¥0.006 in the previous year[27]. - Total assets at the end of the reporting period were ¥9,772,664,880.71, a 19.58% increase from ¥8,172,586,162.04 at the end of the previous year[27]. - The net assets attributable to shareholders increased slightly by 0.83% to ¥4,302,363,217.37 from ¥4,266,754,181.42 at the end of the previous year[27]. - Operating profit reached ¥41,213,456.25, reflecting a significant growth of 432.47% compared to the previous year[38]. - Total profit amounted to ¥39,230,086.55, which is an increase of 423.80% year-on-year[38]. - The weighted average return on net assets was 0.79%, an increase of 0.66% compared to 0.13% in the previous year[27]. Revenue Breakdown - The manufacturing and installation sector generated ¥1,766,343,085.57, accounting for 95.07% of total revenue, with a year-on-year growth of 56.39%[47]. - Revenue from rubber equipment systems was ¥1,225,780,538.30, which is 65.97% of total revenue, showing a 61.33% increase year-on-year[47]. - Chemical materials revenue surged to ¥590,804,615.27, a 106.86% increase from ¥285,606,241.86 in the previous year[47]. - Domestic revenue was ¥1,662,417,546.39, making up 89.48% of total revenue, with a significant year-on-year growth of 75.29%[47]. - The gross profit margin for the manufacturing and installation sector was 14.52%, slightly down by 0.35% compared to the previous year[47]. Investments and Subsidiaries - Research and development investment increased to ¥81,740,564.60, up 53.02% from the previous year, indicating a focus on innovation[43]. - The investment amount during the reporting period was CNY 145,000,000, representing a 100% increase compared to the same period last year[60]. - The company acquired a 50.88% stake in Shandong Dongfang Hongye New Material Technology Co., Ltd. for CNY 145,000,000, which focuses on new material technology research and promotion[60]. - The total investment in major subsidiaries and associated companies significantly impacts the company's net profit, with several subsidiaries showing substantial asset bases[66]. - The company established three new subsidiaries during the reporting period, with Shandong Dongfang Hongye New Materials Technology Co., Ltd. negatively impacting the 2021 semi-annual performance[72]. Cash Flow and Financial Management - The company's cash and cash equivalents decreased by 376.13% to -¥476,977,559.11, primarily due to reduced cash flow from investment activities[43]. - The company's cash and cash equivalents decreased to ¥1,253,731,551.54, representing 12.83% of total assets, down from 20.83% the previous year[52]. - Investment income amounted to ¥11,090,689.03, contributing 28.27% to total profit, primarily from financial management income[51]. - The actual guarantee amount during the reporting period is 42,236.41 million, which accounts for 13.50% of the company's net assets[141]. - The company has engaged in entrusted financial management with a total amount of 140,000 million, of which 40,000 million is from raised funds and 100,000 million from self-owned funds[146]. Environmental and Regulatory Compliance - The company has implemented a continuous emission system for waste gas, with a total emission of 1.2 tons per half year, meeting the air pollution discharge standards[92]. - Wastewater discharge includes 13.03 tons of COD and 0.86 tons of ammonia nitrogen per half year, both complying with local wastewater discharge standards[92]. - The company has constructed a sewage diversion system based on the principles of "clear sewage diversion" and "rainwater and sewage diversion" to ensure proper wastewater treatment[95]. - There were no administrative penalties related to environmental issues during the reporting period[98]. - The company has established an emergency response plan for environmental incidents, which has been filed with the local environmental protection bureau[96]. Shareholder Information - The total number of shareholders at the end of the reporting period was 50,862[158]. - The largest shareholder, Yuan Zhongxue, holds 15.56% of the shares, totaling 145,308,486 shares, with 115,000,000 shares pledged[158]. - The first phase employee stock ownership plan holds 1.76% of the shares, totaling 16,416,621 shares[158]. - The company held two shareholder meetings during the reporting period, with investor participation rates of 18.74% and 18.65% respectively[80]. - The company plans not to distribute cash dividends or issue bonus shares for the semi-annual period[83].