TK(SZ:002117)2021-08-19 16:00Financial Performance - The company's operating revenue for the first half of 2021 was approximately RMB 600.93 million, representing a year-on-year increase of 9.84% compared to RMB 547.12 million in the same period last year[19]. - The net profit attributable to shareholders of the listed company was approximately RMB 90.10 million, an increase of 21.94% from RMB 73.89 million in the previous year[19]. - The net profit after deducting non-recurring gains and losses was approximately RMB 82.57 million, reflecting a growth of 25.09% compared to RMB 66.00 million in the same period last year[19]. - The basic earnings per share increased to RMB 0.1651, up 21.94% from RMB 0.1354 in the same period last year[19]. - Total revenue for the reporting period reached ¥600,934,026.95, representing a year-on-year increase of 9.84% compared to ¥547,120,987.47 in the same period last year[38]. - The company reported a significant increase in trading financial assets, rising to 482 million yuan from 200 million yuan year-over-year[107]. - The company reported a significant increase in cash and cash equivalents, down 23.47% to ¥155,814,762.90, compared to ¥712,276,110.35 at the end of the previous year[46]. Cash Flow and Investments - The company's cash flow from operating activities showed a significant improvement, with a net cash outflow of approximately RMB 66.61 million, a reduction of 55.54% from RMB 149.83 million in the previous year[19]. - The net cash flow from operating activities improved by 55.54%, reaching -¥66.61 million compared to -¥149.83 million in the previous year[36]. - Total cash inflow from investment activities was 560,723,341.56 CNY, down from 1,207,390,316.87 CNY year-over-year[125]. - The net cash flow from investment activities was -303,563,660.10 CNY, compared to a positive 132,226,192.27 CNY in the same period last year[125]. - The total cash outflow from financing activities was 218,413,196.41 CNY, slightly lower than 230,384,448.92 CNY in the previous period[125]. Operational Efficiency - The printing business revenue grew by 19.93% year-on-year, indicating a recovery and expansion in the customer base during the reporting period[28]. - The company has established 8 production bases in key cities and 26 document storage bases in 19 major cities, enhancing its operational efficiency and service capabilities[28]. - Operating costs increased by 9.96% to ¥361.12 million from ¥328.40 million, while sales expenses decreased by 13.41% to ¥44.48 million[36]. Research and Development - Research and development investment decreased by 19.22% to ¥38.74 million from ¥47.95 million, indicating a shift in focus[36]. - The company has built a comprehensive R&D system with centers in Beijing, Shanghai, Jinan, and Guangzhou, focusing on anti-counterfeiting, information technology, and blockchain solutions[34]. Market and Business Strategy - The company has developed an electronic invoice service platform and a non-tax electronic ticket service platform, leveraging blockchain technology for enhanced data integrity and traceability[30]. - The company has established customized service platforms for large enterprises, enhancing its market presence in electronic invoice applications[31]. - The company is actively expanding its market for non-tax electronic tickets, utilizing blockchain to streamline the entire lifecycle of ticket management[30]. - The company has shifted its lottery business focus towards the development and sales of intelligent betting devices, achieving a leading market share in several provinces[32]. Environmental and Corporate Governance - The company is classified as a key pollutant discharge unit, with total emissions of volatile organic compounds (VOCs) at 6.62 tons[63]. - The company adheres to the ISO14001 environmental management system, focusing on effective treatment of wastewater, waste gas, and waste residue[67]. - The company has implemented a health and safety management system, ensuring no major safety accidents have occurred in recent years[67]. - The company has a robust emergency response plan for environmental incidents, approved by the local ecological environment bureau[65]. - The company has established a comprehensive corporate governance structure to protect shareholder rights, with a cash dividend payout ratio exceeding 40% of net profit attributable to shareholders in recent years[67]. Shareholder Information - The total number of shares is 545,666,421, with 99.97% being unrestricted shares[91]. - The largest shareholder, Beijing Zhongjia Huaxin Information Technology Co., Ltd., holds 11.17% of shares, totaling 60,961,650 shares[93]. - The second largest shareholder, Hong Kong Xidulai Group Co., Ltd., holds 9.34% of shares, totaling 50,948,000 shares[93]. - The annual shareholders meeting had a participation rate of 34.58% on April 16, 2021[58]. Financial Reporting and Compliance - The semi-annual financial report has not been audited[72]. - The financial statements are prepared based on the going concern principle, with sufficient operating funds for at least 12 months from the approval date of the financial report[147]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that the financial statements accurately reflect its financial position and results[149]. Risk Management - The expected credit loss for receivables is measured based on the entire lifetime expected credit loss amount, with specific loss rates for aging categories ranging from 5% to 50%[175][178]. - The company assesses credit risk for financial assets individually and in groups based on shared risk characteristics[171]. - The company maintains a clear distinction between financial liabilities and equity instruments, ensuring accurate financial reporting and compliance[169].