ST恒久(002808) - 2020 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2020 was ¥143,654,132.47, representing a 2.57% increase compared to ¥140,048,606.22 in the same period last year[17]. - The net profit attributable to shareholders decreased by 22.33% to ¥7,921,950.02 from ¥10,200,040.98 year-on-year[17]. - The net profit after deducting non-recurring gains and losses fell by 64.95% to ¥2,976,588.60 compared to ¥8,491,373.54 in the previous year[17]. - The net cash flow from operating activities increased significantly by 165.47% to ¥34,254,068.66 from ¥12,903,352.85 in the same period last year[17]. - The basic earnings per share decreased by 23.68% to ¥0.029 from ¥0.038 in the same period last year[17]. - The diluted earnings per share also decreased by 23.68% to ¥0.029 from ¥0.038 year-on-year[17]. - The weighted average return on net assets was 1.36%, down from 1.79% in the previous year[17]. - The company reported a total comprehensive income of CNY 8,517,947.67 for the first half of 2020, down from CNY 10,220,266.61 in the same period of 2019[172]. - The company reported a net profit of 2,153,360.92 CNY from its subsidiary Fujian Minbao Information Technology Co., achieving a revenue of 19,976,506.87 CNY in the first half of 2020[93]. Assets and Liabilities - Total assets at the end of the reporting period were ¥801,741,426.14, down 5.19% from ¥845,630,083.57 at the end of the previous year[17]. - The net assets attributable to shareholders increased slightly by 0.47% to ¥580,078,197.14 from ¥577,363,560.03 at the end of the previous year[17]. - Cash and cash equivalents decreased to ¥184,567,292, representing 23.02% of total assets, down from 30.43% last year, a decrease of 7.41% due to reduced bank deposits[66]. - Accounts receivable increased to ¥140,102,946.5, accounting for 17.47% of total assets, up from 18.80% last year, a decrease of 1.33%[66]. - Inventory decreased to ¥87,315,184.40, representing 10.89% of total assets, down from 14.54% last year, a decrease of 3.65% due to reduced inventory of goods[66]. - Short-term borrowings increased to ¥111,740,000, accounting for 13.94% of total assets, up from 10.16% last year, an increase of 3.78% due to increased bank loans[66]. - The total amount of raised funds was ¥190,699,300 after deducting issuance costs, with ¥8,259.04 million invested cumulatively[78]. - The remaining balance of raised funds as of June 30, 2020, was ¥50,839,285.05 after various expenditures[80]. - The total liabilities decreased from CNY 252,907,711.34 to CNY 205,877,106.24, a reduction of about 18.6%[164]. Research and Development - The company has established a provincial-level enterprise technology center and a municipal organic photoconductor engineering technology research center to strengthen R&D capabilities[38]. - The company has a technical and R&D personnel ratio of approximately 60%, focusing on cultivating versatile talents through collaboration with Fuzhou University[39]. - Research and development expenses increased by 46.17% to CNY 9,360,065.19, primarily due to the addition of the newly acquired subsidiary Minbao Information[54]. - The company emphasizes technological innovation and customization in its information security solutions, catering to various sectors including finance and military[28]. - The company is actively involved in the research and development of new technologies and products in the optoelectronic sector[92]. Business Operations - The company's core business involves the research, production, and sales of Organic Photo-Conductor (OPC) drums, which are the main source of revenue and profit[25]. - The company has established over ten highly automated production lines for OPC drums, achieving complete domestic production and industrialization[25]. - The company has developed a series of leading DMFC (Direct Methanol Fuel Cell) products, with some already tested with electric vehicle manufacturers[29]. - The company has formed a strategic layout of "imaging consumables + information security + emerging energy," enhancing its business scope and synergy effects[31]. - The company plans to optimize product structure and increase the sales proportion of high-end laser OPC drums to enhance profitability[43]. Market and Sales - Domestic sales increased by 12.19% to CNY 115,528,036.84, while international sales decreased by 24.14% to CNY 28,126,095.63[57]. - The manufacturing sector generated CNY 102,734,948.02, accounting for 71.52% of total revenue, but saw a decline of 9.27% compared to the previous year[57]. - The information security segment contributed CNY 19,976,506.87, with a gross margin of 40.42%, although no year-on-year comparison was provided[58]. - The company plans to continue expanding its international market presence and enhance its marketing efforts to improve export scale[45]. Investment and Financing - The company has invested in new energy projects to align with national goals for energy diversification and low-carbon development[29]. - The company has committed a total investment of 19,075.12 million, with cumulative input of 12,752.11 million, achieving an investment progress of 49.55%[82]. - The company has not engaged in any securities or derivative investments during the reporting period[74][75]. - The company plans to invest the unused raised funds according to the construction progress of the fundraising projects[84]. Corporate Governance and Compliance - The company has not experienced any bankruptcy reorganization during the reporting period[114]. - There are no significant litigation or arbitration matters reported during the period[115]. - The company has not engaged in any major related party transactions during the reporting period[119]. - The company is not classified as a key pollutant discharge unit by environmental protection authorities, demonstrating compliance with environmental regulations[132]. - No significant environmental accidents or disputes occurred during the reporting period, reflecting the company's commitment to environmental responsibility[132]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 20,425[143]. - The largest shareholder, Yu Rongqing, holds 39.52% of the shares, totaling 106,240,500 shares[143]. - The total number of shares remains at 268,800,000, with 36.25% being limited shares and 63.75% being unrestricted shares[139]. - The company has no changes in the number of restricted shares during the reporting period, maintaining stability in shareholding structure[141].