Azure(SZ:002245)2021-08-25 16:00Financial Performance - The company's operating revenue for the first half of 2021 was CNY 3,084,006,923.20, representing a 91.55% increase compared to CNY 1,610,061,119.98 in the same period last year[22]. - The net profit attributable to shareholders of the listed company reached CNY 339,077,865.02, a significant increase of 372.92% from CNY 71,699,223.68 year-on-year[22]. - The net profit after deducting non-recurring gains and losses was CNY 301,544,282.10, which is a remarkable increase of 2,477.89% compared to CNY 11,697,331.66 in the previous year[22]. - The basic earnings per share were CNY 0.3313, up 353.21% from CNY 0.0731 in the same period last year[22]. - The total operating revenue for the first half of 2021 reached CNY 3,084,006,923.20, a significant increase from CNY 1,626,020,083.11 in the same period of 2020, representing an increase of approximately 89.5%[163]. - The total profit for the first half of 2021 was CNY 439,113,299.10, compared to CNY 87,329,877.33 in the first half of 2020, indicating an increase of around 402.5%[168]. - The company's operating profit for the first half of 2021 was CNY 435,833,710.06, significantly higher than CNY 78,748,385.31 in the same period of 2020, representing an increase of approximately 438.5%[168]. - The total comprehensive income for the first half of 2021 was CNY 366,438,347.89, compared to CNY 69,164,246.66 in the first half of 2020, indicating an increase of about 429.5%[168]. Revenue Breakdown - The lithium battery business generated approximately 1,199 million CNY in revenue, marking a year-on-year growth of 141.74%[34]. - The LED business reported revenue of ¥682,209,440.37, which is 22.12% of total revenue, showing a 90.32% increase from the previous year[44]. - The metal logistics segment achieved revenue of ¥1,197,387,136.63, making up 38.83% of total revenue, with a year-on-year growth of 58.47%[44]. - The lithium battery segment generated revenue of ¥1,199,037,359.02, accounting for 38.88% of total revenue, with a year-on-year growth of 141.74%[44]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 8,065,987,787.06, reflecting a 12.58% increase from CNY 7,164,401,083.00 at the end of the previous year[22]. - The company's total assets amounted to approximately CNY 8.07 billion, an increase from CNY 7.16 billion at the end of 2020, reflecting a growth of about 12.5%[149]. - The total liabilities of the company were CNY 4.01 billion, compared to CNY 3.78 billion in the previous year, reflecting an increase of about 6.5%[153]. - The company's total liabilities at the end of the reporting period were approximately 1.24 billion yuan[198]. Cash Flow - The net cash flow from operating activities was CNY 37,264,276.99, showing a decrease of 85.86% compared to CNY 263,566,705.09 in the same period last year[22]. - The company's cash flow from operating activities was CNY 2,710,943,673.34 in the first half of 2021, compared to CNY 1,718,700,732.10 in the same period of 2020, reflecting an increase of approximately 57.8%[172]. - The net cash flow from investment activities was -CNY 171,518,500.55, worsening from -CNY 71,485,553.82 in the same period of 2020[176]. - The net cash flow from financing activities was CNY 148,403,498.41, compared to -CNY 111,688,914.64 in the same period of 2020, showing a significant improvement[176]. Research and Development - Research and development expenses increased by 99.91% to ¥127,543,711.71, reflecting the company's commitment to enhancing its R&D capabilities[41]. - The company is actively expanding its market presence and enhancing its competitive edge through continuous R&D investment and patent layout[40]. Risk Factors - The report highlights various risk factors affecting business operations, including macroeconomic and market risks[4]. - The company faces risks related to macroeconomic uncertainties, industry policy changes, credit risks, intensified market competition, and the need for sustained competitiveness through R&D investments[65]. Corporate Governance and Compliance - The company has established a robust governance structure to address risks and ensure sustainable development[66]. - Environmental protection measures include the installation of wastewater treatment systems and air pollution control facilities, with no instances of exceeding discharge standards reported[80]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[83]. Shareholder Information - The company held four shareholder meetings during the reporting period, with participation rates of 29.68%, 29.42%, 24.50%, and 24.28% respectively[69]. - The total number of shares increased by 36,887,824 shares due to the conversion of convertible bonds, resulting in a total share count of 1,035,821,526 shares, a 3.69% increase from the beginning of the reporting period[126]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies and products to drive future growth[163]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[73].