*ST美盛(002699) - 2020 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2020 was ¥480,183,220, a decrease of 7.17% compared to ¥517,294,917 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was ¥18,182,853.72, representing a significant increase of 206.81% from a loss of ¥17,023,551 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥8,488,083.25, an increase of 124.68% compared to a loss of ¥34,390,658.82 in the same period last year[19]. - The net cash flow from operating activities improved to -¥14,515,906.41, a 90.46% improvement from -¥152,090,406.81 in the previous year[19]. - Basic and diluted earnings per share were both ¥0.0200, compared to a loss of ¥0.0187 per share in the same period last year, marking a 206.81% increase[19]. - The weighted average return on net assets was 0.58%, a significant improvement from -0.56% in the previous year, reflecting a 203.57% increase[19]. - The company's operating profit increased by 168.3% to CNY 16,042,007.53, driven by investment income impacts[36]. - The company reported a net profit of -2.8291 million yuan for the first half of 2020, failing to meet the annual performance commitment of 25 million yuan[60]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,681,457,429.47, a decrease of 1.37% from ¥3,732,547,084.40 at the end of the previous year[19]. - The company's cash and cash equivalents at the end of the period were CNY 687,690,250.96, a decrease of 21.65% from the beginning of the period due to loan repayments and investments in financial products[36]. - The company's total liabilities decreased to ¥490,947,981.52 from ¥562,033,940.13, indicating a decline of about 12.7%[130]. - The company's equity attributable to shareholders increased slightly to ¥3,166,101,754.52 from ¥3,144,607,676.51, reflecting an increase of approximately 0.7%[131]. - The company's accounts receivable decreased to ¥347,303,770.67 from ¥372,193,614.86, a reduction of approximately 6.7%[128]. Cash Flow - The company's cash received from sales and services increased by 62.9% to CNY 535,536,041.64, attributed to improved sales performance in the last quarter of the previous year[36]. - The company reported a net cash outflow from investment activities of ¥137,462,977.30, a decrease of 118.50% compared to a net inflow of ¥743,168,087.46 in the previous year[40]. - Cash and cash equivalents decreased by 132.65% to a net outflow of ¥190,009,487.68 from an inflow of ¥581,993,842.06 in the previous year[40]. - Cash inflows from operating activities amounted to CNY 587,789,602.44, up from CNY 401,017,442.77 in the first half of 2019, representing a 46.6% increase[146]. Investments and Acquisitions - The company invested CNY 33 million in two joint ventures during the reporting period[33]. - The company has invested CNY 21,350 million in the animation apparel expansion project, achieving 86.31% of the planned investment[59]. - The company acquired 70% equity of Shanghai Pure Innocence Film Investment Co., Ltd. for CNY 9,800 million, fully utilizing the raised funds for this acquisition[59]. - The company has not reported any major asset or equity sales during the reporting period[65][66]. Dividends and Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for this period[6]. - The total number of ordinary shareholders at the end of the reporting period is 33,980[110]. - Major shareholder, Meisheng Holdings Group Co., Ltd., holds 33.67% of the shares, totaling 306,242,810[111]. Risks and Challenges - The company faces risks from the COVID-19 pandemic, which may impact raw material supply, logistics, and customer orders, potentially affecting demand in downstream industries[69]. - The company reported an increase in international transportation costs and raw material supply costs due to the global COVID-19 pandemic and US-China trade tensions, impacting profit margins[71]. Research and Development - Research and development expenses were CNY 15,644,310.97, an increase of 10.2% from CNY 14,194,450.65 in the first half of 2019, reflecting a focus on innovation[137]. - The company is committed to research and development of new technologies to stay competitive in the market[154]. Financial Reporting and Compliance - The half-year financial report has not been audited[77]. - The financial statements were approved by the board on August 25, 2020, ensuring compliance with accounting standards[171]. - The company follows the Chinese accounting standards, ensuring transparency and accuracy in financial reporting[171].