Focus Tech.(SZ:002315)2021-08-16 16:00Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥722.32 million, representing a 36.57% increase compared to ¥528.89 million in the same period last year[23]. - The net profit attributable to shareholders for the first half of 2021 was approximately ¥128.04 million, a significant increase of 168.50% from ¥47.69 million in the previous year[23]. - The net profit after deducting non-recurring gains and losses was approximately ¥96.22 million, which is a 69.71% increase compared to ¥56.69 million in the same period last year[23]. - The basic earnings per share for the first half of 2021 was ¥0.42, up 162.50% from ¥0.16 in the previous year[23]. - The total revenue for the reporting period reached 734.60 million yuan, a year-on-year increase of 35.26%[31]. - Operating profit and total profit were 141.28 million yuan and 140.91 million yuan, respectively, reflecting increases of 130.27% and 127.00% year-on-year[31]. - Net profit attributable to shareholders was 128.04 million yuan, up 168.50% year-on-year, while net profit excluding non-recurring gains and losses was 96.22 million yuan, an increase of 69.71%[31]. - The total comprehensive income for the first half of 2021 was CNY 131,856,121.71, compared to CNY 204,963,640.04 in the same period of 2020, reflecting a decrease[176]. Cash Flow and Assets - The net cash flow from operating activities was approximately ¥179.93 million, reflecting a 10.99% increase from ¥162.12 million in the same period last year[23]. - Cash and cash equivalents at the end of the reporting period were ¥1,280,531,108.28, representing 38.04% of total assets, an increase of 4.50% from the previous year[59]. - The company's cash and cash equivalents at the end of the period were reported at 1,078,559,498.33, showing a healthy liquidity position[192]. - The ending balance of cash and cash equivalents was CNY 844,425,437.12, up from CNY 700,956,818.31 at the end of the first half of 2020[179]. - The company reported a significant increase in cash received from sales of goods and services, amounting to CNY 692,572,811.08, compared to CNY 615,594,922.56 in the same period last year[176]. Investments and R&D - Research and development investment increased by 31.74% to ¥91,167,349.89, primarily due to the rise in salaries for R&D personnel[51]. - The company has established a research institute and R&D center to foster a strong culture of technological innovation and has built deep partnerships with multiple universities and research institutions[42]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[171]. Shareholder and Dividend Policies - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[7]. - The company has committed to a cash dividend policy, distributing no less than 30% of the lower of the consolidated and parent company distributable profits each year[102]. - The company actively protects shareholder rights and has implemented a cash dividend for the 2020 fiscal year, enhancing transparency through various communication channels[92]. Operational Strategies and Market Focus - The company emphasizes digital transformation and innovation to support SMEs in expanding overseas trade markets[30]. - The cross-border B2B e-commerce platform is focused on building a complete service ecosystem, leveraging platforms like Crov.com and Doba.com[36]. - The company is actively exploring global channels to provide more inquiry opportunities for domestic suppliers amid ongoing pandemic uncertainties[76]. Compliance and Governance - The company emphasizes compliance with environmental laws and has not faced any administrative penalties for environmental issues during the reporting period[90]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[105]. - The company has not reported any significant guarantees during the reporting period[128]. Changes in Equity and Liabilities - The company's total equity attributable to shareholders decreased from CNY 2,198,088,296.57 to CNY 2,140,096,267.89, a decrease of about 2.6%[164]. - Total liabilities decreased from CNY 1,237,397,364.94 to CNY 1,213,723,335.73, a reduction of approximately 1.9%[163]. - The company's capital reserve increased from CNY 1,020,690,597.84 to CNY 1,040,640,566.65, an increase of approximately 2.0%[164]. Miscellaneous - The company has not yet initiated poverty alleviation or rural revitalization efforts during the reporting period[97]. - The semi-annual financial report has not been audited[107]. - The company has not engaged in any asset or equity acquisitions or sales during the reporting period[118].