OIMEC(SZ:002819)2021-08-29 16:00Financial Performance - The company's operating revenue for the first half of 2021 was CNY 647,647,496.91, representing a 41.41% increase compared to CNY 458,001,017.96 in the same period last year[26]. - The net profit attributable to shareholders of the listed company was CNY 23,207,583.67, up 44.84% from CNY 16,023,135.99 year-on-year[26]. - The net profit after deducting non-recurring gains and losses was CNY 21,886,509.48, an increase of 46.03% compared to CNY 14,987,827.61 in the previous year[26]. - The basic earnings per share increased to CNY 0.1455, a rise of 42.23% from CNY 0.1023 in the same period last year[26]. - The total assets at the end of the reporting period were CNY 1,105,357,377.03, reflecting a 3.64% increase from CNY 1,066,541,854.58 at the end of the previous year[26]. - The net assets attributable to shareholders of the listed company were CNY 569,521,584.23, up 3.72% from CNY 549,115,674.83 at the end of the previous year[26]. - The net cash flow from operating activities was negative CNY 63,774,792.31, a significant decrease of 983.46% compared to a positive CNY 7,218,735.42 in the same period last year[26]. - The weighted average return on net assets was 4.10%, an increase of 0.78% from 3.32% in the previous year[26]. Revenue Breakdown - Instrument sales revenue grew by 50.01% compared to the same period last year, contributing significantly to overall revenue growth[63]. - The leasing business saw a revenue decline of 16.95%, primarily due to a slowdown in the 5G industry and chip supply shortages affecting client demand[63]. - The factoring business revenue increased by 14.03%, indicating stable growth and improved asset scale after four years of development[63]. - The bidding business experienced a revenue increase of 48.31%, attributed to the recovery of the market post-pandemic[63]. Investment and R&D - Research and development investment rose by 48.87% to CNY 19,149,393.75, reflecting the company's commitment to enhancing its technological capabilities[63]. - The company invested ¥60,000,000.00 during the reporting period, a significant increase of 122.22% compared to ¥27,000,000.00 in the same period last year[80]. Business Model and Strategy - The company operates a comprehensive service model in the electronic testing and measurement field, focusing on instrument sales, leasing, system integration, and financial services, which enhances its competitive edge[36]. - The company has expanded its factoring and bidding business through investments and acquisitions, improving its overall service model in the supply chain finance and equipment procurement sectors[37]. - The company emphasizes a multi-brand and multi-product operating model, which allows it to provide a wide range of instruments and services tailored to customer requirements[41]. - The company’s rental business focuses on operational leasing, allowing clients to meet flexible needs while minimizing financial risks associated with equipment procurement[43]. Market Presence - The company has established strategic partnerships with nearly 20 instrument brands, offering over 3,000 models to meet diverse customer needs across various industries[38]. - The company has a nationwide marketing network with branches in over 30 major cities, ensuring localized service support and rapid response to customer demands[39]. - The company has built a professional technical support team and a nationwide marketing service network, establishing long-term partnerships with major industry clients[47]. Risk Factors - The company faces risks from macroeconomic changes that may lead to decreased customer demand, particularly in industries such as electronics manufacturing and aerospace, which could negatively impact profitability[90]. - Supply chain risks have emerged due to US-China trade tensions, prompting the company to increase its self-operated leasing business and diversify its product offerings by expanding into non-US and domestic instrument brands[91]. - The company has increased its investment in self-operated leasing assets, which may face risks of impairment due to technological obsolescence and demand fluctuations in the telecommunications and electronics manufacturing sectors[92]. Shareholder Information - The company did not distribute cash dividends or issue bonus shares for the half-year period, indicating a focus on reinvestment[97]. - The total number of shares increased to 159,713,156 after the issuance of 250,000 new shares[149]. - The largest shareholder, Oriental Keyi Holdings Group Co., Ltd., holds 30.33% of the shares, totaling 48,440,410 shares[160]. Compliance and Governance - The company has not faced any significant environmental penalties or issues during the reporting period, indicating compliance with environmental regulations[104]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[108]. - The half-year financial report has not been audited, which may affect the perception of financial transparency[110].