Jiangsu Dagang (SZ:002077)2022-08-26 16:00Financial Performance - The company's operating revenue for the first half of 2022 was CNY 252,651,466.78, a decrease of 11.42% compared to CNY 285,227,715.88 in the same period last year[26]. - Net profit attributable to shareholders of the listed company was CNY 44,427,211.82, down 53.80% from CNY 96,169,124.93 year-on-year[26]. - The net cash flow from operating activities was CNY 33,054,397.09, representing a significant decline of 82.51% compared to CNY 189,037,266.47 in the previous year[26]. - Basic earnings per share decreased to CNY 0.08, down 52.94% from CNY 0.17 in the same period last year[26]. - The company reported total revenue of 252.65 million yuan, a decline of 11.42% year-on-year, with a net profit attributable to shareholders of 44.43 million yuan, down 53.80% year-on-year[40]. - The company's total liabilities were 943.72 million yuan, down 12.20% from the beginning of the year[40]. - The equity attributable to shareholders increased by 1.42% to 3,172.74 million yuan compared to the beginning of the year[40]. - The asset-liability ratio was 21.59%, a decrease of 2.53 percentage points from the beginning of the year[40]. Revenue Breakdown - The company's integrated circuit business achieved revenue of 191.06 million yuan, a decrease of 9.49% year-on-year, accounting for 75.62% of total revenue[36]. - The gross margin for the integrated circuit industry was 22.65%, down 11.17% compared to the previous year[36]. - The company’s park environmental service segment generated revenue of 58.21 million yuan, a decrease of 17.36% year-on-year[40]. - The company’s liquid chemical terminal throughput was 914.8 thousand tons, a decrease of 4.14% year-on-year[40]. - The company experienced a 40.63% decline in revenue from environmental solid waste landfill services, totaling 11,741,159.55[52]. - The company reported a significant decline in overseas revenue, which fell by 78.28% to 1,138,493.26[52]. Investment and R&D - Research and development investment was ¥18,246,901.49, a decrease of 8.64% compared to ¥19,971,829.77 in the previous year[47]. - The company has applied for a total of 179 patents, with 20 inventions and 87 utility models granted, and 62 inventions and 3 utility models under review[42]. - The company plans to enhance R&D investment and collaboration with academic institutions to keep pace with technological advancements in the semiconductor industry[80]. - The company has a strong R&D team and core technical personnel, but faces talent risk due to increasing demand and talent mobility in the integrated circuit industry[81]. Environmental Compliance - The company reported a wastewater COD discharge concentration of 0.725 mg/L, which is below the regulatory standard of 300 mg/L, with a total discharge of 8.7083 tons[94]. - The company achieved a total nitrogen discharge of 0.3536 tons, with a concentration of 0.029 mg/L, well within the limit of 35 mg/L[94]. - The company has implemented effective pollution control facilities, including wastewater treatment stations and gas scrubbing towers, ensuring compliance with environmental standards[96]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[101]. - The company has established emergency response plans for environmental incidents, which have been filed with local environmental authorities[99]. Corporate Governance and Shareholder Engagement - The company held three shareholder meetings in 2022, with investor participation rates of 50.21%, 50.04%, and 52.22% respectively[88]. - The company maintained a commitment to social responsibility, emphasizing harmony among society, enterprises, and employees[103]. - During the reporting period, the company ensured compliance with laws and regulations, enhancing corporate governance and facilitating shareholder participation in decision-making[103]. - The company reported no significant litigation or arbitration matters during the reporting period, ensuring a stable legal environment[115]. - The company has established a robust communication strategy with investors, ensuring timely and accurate information disclosure[103]. Related Party Transactions - Jiangsu Dagang Co., Ltd. reported a total of 1,457.45 million yuan in related party transactions during the reporting period, with 3,800 million yuan expected for the year[127]. - The company engaged in various related party transactions, including service fees and material purchases, with a significant portion being settled at market prices[127]. - Jiangsu Huanrui Investment Holding Co., Ltd. provided services amounting to 524.65 million yuan, representing 100% of the agreed price[121]. - Jiangsu Huanrui Hotel Management Co., Ltd. received services worth 12.69 million yuan, accounting for 8.81% of the total[121]. Financial Position - The company's cash and cash equivalents increased to ¥506,759,039.46 as of June 30, 2022, up from ¥465,471,804.75 at the beginning of the year, representing an increase of approximately 6.8%[192]. - Accounts receivable decreased to ¥176,870,115.36 from ¥186,741,998.17, indicating a reduction of about 5.6%[192]. - Inventory increased slightly to ¥238,063,152.62 from ¥235,164,052.13, reflecting a growth of approximately 1.2%[192]. - The total current assets amounted to ¥1,011,164,890.45 as of June 30, 2022, compared to ¥1,098,494,801.61 at the beginning of the year[192]. - The company's total equity increased from ¥3,380,511,580.33 to ¥3,427,837,377.59, an increase of about 1.39%[198].