GDM(SZ:002636)2020-08-26 16:00Financial Performance - The company's operating revenue for the first half of 2020 was ¥1,378,308,738.62, a decrease of 6.64% compared to the same period last year[20]. - The net profit attributable to shareholders was ¥74,657,902.69, down 16.40% year-on-year[20]. - The net profit after deducting non-recurring gains and losses was ¥58,372,561.75, a decline of 24.87% compared to the previous year[20]. - The basic earnings per share were ¥0.10, down 16.67% from ¥0.12 in the same period last year[20]. - The diluted earnings per share also stood at ¥0.10, reflecting a 16.67% decrease year-on-year[20]. - The weighted average return on equity was 2.76%, down from 3.49% in the previous year[20]. - Net profit for the period was 65.34 million yuan, representing a year-on-year decrease of 21.23%[37]. - The total comprehensive income attributable to the owners of the parent company was CNY 74,657,902.69, down from CNY 89,302,038.19 in the first half of 2019[159]. - The company reported a decrease in comprehensive income compared to the previous period[197]. Cash Flow and Investments - The net cash flow from operating activities increased significantly by 390.56% to ¥168,748,211.06[20]. - The company's cash and cash equivalents decreased by 77.01% to ¥-219,869,407.41 from ¥-124,210,249.63 in the previous year[41]. - The total investment cash flow net amount was ¥-408,109,498.85, a decrease of 75.57% compared to the previous year[39]. - The company reported a net cash flow from operating activities for the first half of 2020 was -30,433,281.40 CNY, compared to -27,159,143.81 CNY in the same period of 2019[177]. - The cash inflow from investment activities totaled 819,741,733.82 CNY, down from 942,150,439.60 CNY year-over-year, reflecting a decrease of approximately 13%[177]. - The company received 67,500,000.00 CNY in borrowings during the first half of 2020, a significant increase from 4,000,000.00 CNY in the same period of 2019[174]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,592,402,015.99, a decrease of 3.35% from the end of the previous year[20]. - The total liabilities decreased to CNY 1,779,276,354.67 from CNY 2,017,935,699.74, a reduction of about 11.8%[147]. - The equity attributable to shareholders increased to CNY 2,746,080,228.65 from CNY 2,668,227,396.13, showing an increase of approximately 2.9%[149]. - The total liabilities were reported at 1,613,459,090.97 yuan, showing a manageable debt level relative to assets[186]. Business Segments and Operations - The company produced 16.48 million copper-clad laminates in the first half of 2020, a decrease of 8.57% year-on-year[37]. - The sales volume of various copper-clad laminates was 16.25 million units, down 6.08% compared to the same period last year[37]. - Main business revenue reached 1.27 billion yuan, a decline of 9.28% year-on-year[37]. - The pharmaceutical segment achieved revenue of 91.47 million yuan, an increase of 61.49% year-on-year[37]. - The net profit from the pharmaceutical segment was 10.80 million yuan, up 46.64% compared to the previous year[37]. - The revenue from the pharmaceutical manufacturing sector increased by 158.46% to ¥67,067,122.48, mainly due to the acquisition of Chengde Tianyuan[43]. Research and Development - Research and development investment decreased by 18.71% to ¥62,664,895.35 compared to ¥77,092,575.97 in the previous year[39]. - The company holds 54 invention patents and 108 utility model patents, reflecting its commitment to technological innovation[33]. - The company is focusing on research and development of new products to enhance its competitive edge in the market[186]. Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company is actively seeking quality targets for investment or mergers in the healthcare sector to expand its business scale[30]. - The company has acquired a 36.13% stake in Australian Star Combo Pharma Ltd, enhancing its pharmaceutical portfolio[31]. - The company plans to invest in the production line for 4,800 million meters of electronic-grade fiberglass cloth and 1,020 million high-grade copper-clad laminates[63]. Environmental and Social Responsibility - The company has established an emergency response plan for environmental incidents, filed with local environmental authorities[11]. - Zhuhai Guoji's nitrogen oxides emissions are 2.67 tons/year, below the approved limit of 4.85 tons/year[1]. - Zhuhai Guoji's sulfur dioxide emissions are 0.202 tons/year, below the approved limit of 1.04 tons/year[1]. - Hangzhou Guoji's nitrogen oxides emissions are 32.67 tons/year, below the approved limit of 87.05 tons/year[1]. - Hangzhou Guoji's sulfur dioxide emissions are 1.2 tons/year, below the approved limit of 6.9 tons/year[1]. Shareholder Information - The total number of shareholders at the end of the reporting period was 46,769[121]. - The largest shareholder, Shanghai Donglin Investment Development Co., held 39.83% of the shares, totaling 289,926,000 shares[121]. - The second largest shareholder, Jin'an International Technology Group Co., held 25.65%, amounting to 186,732,000 shares[121]. - There were no changes in the controlling shareholder or actual controller during the reporting period[126].