三变科技(002112) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥428,834,768.65, representing a 25.38% increase compared to ¥342,018,030.32 in the same period last year[19]. - The net profit attributable to shareholders decreased by 40.05% to ¥5,936,010.06 from ¥9,900,852.34 year-on-year[19]. - The net profit after deducting non-recurring gains and losses was ¥3,257,315.52, down 43.34% from ¥5,748,604.51 in the previous year[19]. - The net cash flow from operating activities improved by 37.16%, reaching -¥45,704,880.31 compared to -¥72,735,881.96 in the same period last year[19]. - The total comprehensive income for the first half of 2021 was CNY 5,935,891.90, compared to CNY 9,901,796.68 in the first half of 2020, representing a decrease of approximately 40.5%[127]. - Basic earnings per share decreased to ¥0.03 from ¥0.05, reflecting a decline of 40%[123]. Revenue and Sales - Domestic sales accounted for 99.23% of total revenue, with a year-on-year increase of 27.33%, while international sales decreased by 57.75%[35]. - The revenue from oil-immersed transformers reached ¥237,279,025.73, an increase of 15.31% compared to the previous year[37]. - Domestic sales amounted to ¥425,533,821.48, reflecting a year-on-year growth of 15.94%[37]. - The company achieved over ¥100 million in orders from overseas markets, including Zambia, Pakistan, Vietnam, and Bangladesh[28]. Costs and Expenses - The cost of sales increased by 37.86% to ¥360.10 million, primarily due to significant rises in raw material prices[33]. - The company's operating costs increased by 37.86% to ¥360,099,956.32 due to rising commodity prices[37]. - Research and development expenses rose by 36.89% to ¥8.04 million, mainly due to increased investment in energy-saving transformer development[33]. - Research and development expenses rose by 36.89% to ¥8,044,096.08, primarily for energy-efficient transformer development[37]. Assets and Liabilities - Total assets increased by 5.94% to ¥1,180,412,589.15 from ¥1,114,175,083.92 at the end of the previous year[19]. - The net assets attributable to shareholders rose by 1.49% to ¥403,335,822.13 from ¥397,399,812.07 at the end of the previous year[19]. - The company's total liabilities increased to CNY 777,076,767.02 from CNY 716,775,271.85, reflecting a growth of 8.4%[114]. - Current liabilities totaled CNY 731,464,386.80, an increase of 9.2% from CNY 669,917,812.37[114]. Environmental Management - The company processed a total of 319.11 tons of industrial wastewater, with a permitted discharge limit of 66,400 tons, indicating no exceedance of discharge standards[59]. - The company has a wastewater treatment station with a daily processing capacity of 47 tons, operating for 8 hours a day, controlling COD concentration at a limit of 500 mg/L and ammonia nitrogen at 35 mg/L[60]. - The company conducted 48 inspections of wastewater indicators in the first half of 2021, with no data anomalies found[64]. - The company has been recognized as a key pollutant discharge unit in Zhejiang Province for the year 2021[59]. Corporate Governance - The company has not engaged in any significant litigation or arbitration matters during the reporting period[75]. - The company has not experienced any non-compliance with external guarantees during the reporting period[71]. - The total amount of external guarantees approved during the reporting period was 9,990 million, with an actual occurrence of 9,990 million[88]. - The company has no entrusted financial management during the reporting period[89]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 17,635[98]. - Zhejiang Sanbian Group holds 14.77% of shares, amounting to 29,770,931 shares[98]. - Hangzhou Bikuo Investment Management Partnership holds 6.05% of shares, amounting to 12,206,700 shares[98]. - The total number of shares is 201,600,000, with 98.61% being unrestricted shares[96]. Future Outlook - The company plans to enhance its market share by exploring emerging markets and improving product technology to mitigate risks[50]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[145]. - The company is focusing on enhancing its product offerings and exploring potential mergers and acquisitions to strengthen its market position[145]. Accounting Policies - The financial reports comply with the requirements of the enterprise accounting standards, reflecting the company's financial status accurately[155]. - The company’s accounting policies are tailored to its operational characteristics, particularly regarding financial instruments and asset depreciation[154]. - The company uses expected credit losses to measure impairment for financial assets measured at amortized cost and debt instruments measured at fair value with changes recognized in other comprehensive income[169].