建设工业(002265) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥412,655,781.95, representing a 51.05% increase compared to ¥273,184,485.27 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was -¥6,782,548.05, an improvement of 73.77% from -¥25,854,616.02 in the previous year[23]. - The net cash flow from operating activities was ¥30,567,410.81, a significant increase of 170.57% compared to -¥43,315,550.94 in the same period last year[23]. - The basic and diluted earnings per share were both -¥0.021, showing a 74.07% improvement from -¥0.081 in the previous year[23]. - The company reported a net loss of -¥10,344,743.51 after deducting non-recurring gains and losses, which is a 64.17% improvement from -¥28,867,940.30 in the previous year[23]. - The company reported a significant decrease in investment, with total investments of 787.11 thousand yuan, down 80.81% compared to the same period last year[48]. - The company reported a net loss of CNY 72,216,215.09, compared to a loss of CNY 71,366,092.09 in the previous period[132]. - The company reported a total sales amount of 5,994.22 million yuan for the period[83]. Revenue and Costs - The revenue from automotive connecting rods reached CNY 363,197,869.40, accounting for 88.01% of total revenue, with a year-on-year growth of 69.35%[41]. - Operating costs rose by 37.7% year-on-year, mainly due to increased revenue and corresponding rises in wages, fuel, and manufacturing expenses[43]. - Total operating costs amounted to ¥420,937,383.73, up 38.8% from ¥303,110,324.20 year-on-year[139]. - The gross profit margin for connecting rod products has improved due to a focus on higher-margin mid-to-high-end passenger car connecting rods[33]. - The gross profit margin for the mechanical manufacturing sector was 16.60%, reflecting an increase of 8.09% compared to the same period last year[43]. - The company reported a gross profit margin of approximately -2.8% for the first half of 2021, compared to -4.8% in the previous year[139]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,340,614,025.26, a slight decrease of 0.33% from ¥1,345,104,208.25 at the end of the previous year[23]. - The total liabilities decreased slightly to CNY 466,084,724.00 from CNY 470,219,019.22, indicating a decrease of about 0.7%[131]. - The total equity decreased to ¥906,220,344.32 from ¥921,941,899.60 in the previous year, reflecting a decline of 1.7%[139]. - The company's cash and cash equivalents decreased from ¥122,711,551.27 at the end of 2020 to ¥68,554,256.74 by June 30, 2021, a decline of approximately 44%[128]. - Accounts receivable increased to 244.49 million yuan, representing 18.24% of total assets, up from 13.22% the previous year[44]. - The company's fixed assets decreased to CNY 574,821,467.07 from CNY 607,686,574.84, a reduction of approximately 5.4%[130]. Cash Flow - The net cash flow from operating activities improved significantly, reaching CNY 30,567,410.81, a 170.57% increase compared to the previous year[39]. - Cash inflow from operating activities totaled CNY 344,288,084.00, up from CNY 212,417,089.90, reflecting a growth of 62.0%[148]. - Cash outflow from operating activities increased to CNY 313,720,673.19 from CNY 255,732,640.84, an increase of 22.6%[148]. - The company reported a net decrease in cash and cash equivalents of CNY 54,157,294.53, compared to a decrease of CNY 84,327,976.63 in the previous period[149]. - The ending balance of cash and cash equivalents was 24,131,750.11 CNY, a decrease from 45,442,926.54 CNY at the end of the previous period[151]. Research and Development - Research and development expenses increased by 179.37% to CNY 21,265,670.91, reflecting the company's commitment to innovation[39]. - Research and development expenses increased to ¥21,265,670.91, representing a rise of 178.1% compared to ¥7,612,009.01 in the previous year[139]. Shareholder Information - The total number of shares is 318,566,172, with 95.81% being unrestricted shares[109]. - The largest shareholder, Southern Industrial Asset Management Co., Ltd., holds 39.43% of the shares, totaling 125,605,626 shares[113]. - The total number of common shareholders at the end of the reporting period was 24,730[111]. - The company has no plans to distribute cash dividends or issue bonus shares for the half-year period[63]. Risk Management - The company faces price risk due to weak bargaining power with customers and price reductions from main engine manufacturers, which could lead to decreased revenue and profits[58]. - The company has implemented measures to enhance internal cost accounting and price management to mitigate price risks[58]. - The company plans to manage cash flow risks by establishing a cash warning control system and conducting detailed investment analysis to avoid blind investments[60]. - The company will continuously improve the accounts receivable risk management system to enhance awareness of bad debt risk and strengthen customer risk assessment[60]. Compliance and Governance - The company and its subsidiaries are not classified as key pollutant discharge units and have not faced any administrative penalties for environmental issues during the reporting period[67]. - The company respects and maintains the legitimate rights of stakeholders, promoting balanced interests among shareholders, employees, and society[68]. - The company has not reported any new product launches or technological advancements in the current period[158]. - The financial report for the half-year has not been audited[77].