SCIYON(002380)2021-07-22 16:00Financial Performance - The company's operating revenue for the first half of 2021 was CNY 448,247,138.96, representing a 19.96% increase compared to CNY 373,659,277.10 in the same period last year[22]. - The net profit attributable to shareholders of the listed company decreased by 46.88% to CNY 36,471,749.03 from CNY 68,662,522.68 year-on-year[22]. - Basic earnings per share fell by 46.35% to CNY 0.1535 from CNY 0.2861 in the same period last year[22]. - The company reported a significant decrease in net profit after deducting non-recurring gains and losses, down 54.04% to CNY 29,196,778.52 from CNY 63,528,429.56 year-on-year[22]. - The company's total revenue for the first half of 2021 reached approximately CNY 402.14 million, representing a year-on-year increase of 10.06%[39]. - The company's net profit for the first half of 2021 was CNY 46,208,325.18, a decrease of 23.8% compared to CNY 60,600,126.77 in the same period of 2020[128]. - The total profit for the first half of 2021 was CNY 50,837,458.46, a decrease of 25.5% from CNY 68,288,588.16 in the first half of 2020[128]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -79,892,961.91, a significant decline of 1,066.31% compared to CNY 8,267,812.27 in the previous year[22]. - The net cash flow from operating activities was -¥79,892,961.91, a significant decrease of 1,066.31% compared to ¥8,267,812.27 in the previous year[36]. - The net cash flow from investment activities was 20,369,873.70 CNY, compared to a negative cash flow of -35,442,348.05 CNY in the previous period[137]. - The net cash flow from financing activities was -228,829,229.59 CNY, a decrease from -187,803,643.85 CNY in the previous period[137]. - The company experienced a net decrease in cash and cash equivalents of -261,666,608.17 CNY, compared to -199,087,796.46 CNY in the previous period[137]. Assets and Liabilities - Total assets increased by 1.01% to CNY 3,066,642,306.18 compared to CNY 3,035,997,064.58 at the end of the previous year[22]. - The company's cash and cash equivalents decreased to CNY 558.77 million, down 7.91% from the end of the previous year, primarily due to year-end bonus payments and project progress payments[46]. - The company's inventory increased to CNY 457.78 million, representing 14.93% of total assets, up 3.91% from the previous year[46]. - Total liabilities increased to RMB 849,542,288.45 from RMB 677,185,698.26, marking an increase of about 25.4%[116]. - The total liabilities increased to RMB 717,620,279.18 from RMB 635,420,101.15, marking a rise of 12.73%[121]. Research and Development - Research and development expenses totaled ¥42,456,456.67, accounting for 9.47% of revenue, with a year-on-year increase of 28.22%[33][36]. - The company has established a high-quality R&D team but is concerned about talent retention due to industry competition[57]. - The company aims to leverage its industrial internet platform to enhance automation and information technology for industrial users, aligning with the vision of "making industry intelligent and creating value"[31]. Market and Competition - The company is facing risks from macroeconomic conditions and market competition, which could impact sales and revenue growth[56]. - The company is focusing on expanding its market presence and improving its product offerings to counter competitive pressures[57]. - The company plans to enhance its innovation efforts and maintain a competitive edge in the market[57]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for this period[7]. - The annual shareholders' meeting had a participation rate of 54.04% on May 19, 2021, indicating shareholder engagement[60]. - Major shareholders include Liu Guoyao holding 25.46% and Hu Xiemei holding 21.95% of the shares[100]. Corporate Governance - The company has not engaged in any significant asset or equity sales during the reporting period[51]. - There were no significant lawsuits or arbitration matters during the reporting period[79]. - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[74]. Financial Reporting and Compliance - The semi-annual financial report has not been audited[76]. - The financial statements are prepared based on the going concern assumption and comply with the relevant accounting standards[160]. - The company reported no significant factors affecting its ability to continue as a going concern for the next 12 months[161].