瀛通通讯(002861) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥475,404,249.24, a decrease of 10.77% compared to ¥532,804,883.02 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was a loss of ¥9,801,241.08, representing a decline of 143.68% from a profit of ¥22,441,279.03 in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥15,313,186.20, down 185.06% from a profit of ¥18,002,542.21 in the same period last year[20]. - The basic earnings per share were -¥0.06, a decrease of 140.00% compared to ¥0.15 in the previous year[20]. - Gross profit was 9,918.47 million CNY, down 16.56% year-on-year, with a gross margin of 20.86%, a decline of 1.45%[46]. - The total profit for the period was -4,984,608.82 CNY, down from 26,513,079.50 CNY year-over-year[199]. - The operating profit recorded was -4,582,871.95 CNY, compared to an operating profit of 27,923,663.00 CNY in the prior year[199]. - The comprehensive income total for the period was -11,338,878.91 CNY, a decrease from 20,239,105.29 CNY in the previous year[200]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,752,970,618.62, a decrease of 0.46% from ¥1,761,109,058.72 at the end of the previous year[20]. - The net assets attributable to shareholders of the listed company were ¥1,056,380,368.42, down 1.75% from ¥1,075,169,977.90 at the end of the previous year[20]. - The company's cash and cash equivalents decreased by 10.93% to 226.18 million yuan, mainly due to the transfer of idle funds to financial management[66]. - The company's fixed assets increased by 9.32% to 469.17 million yuan, attributed to the completion of the "Hubei R&D Center" and "Yingtong Intelligent Electronics Production Project (Phase I)"[66]. - The total liabilities increased slightly to CNY 696,590,250.20 from CNY 685,939,080.82, representing a rise of 1.0%[192]. - The equity attributable to shareholders of the parent company decreased to CNY 1,056,380,368.42 from CNY 1,075,169,977.90, a decline of 1.7%[192]. Research and Development - R&D expenses increased significantly to 4,408.74 million CNY, representing 9.27% of revenue, up from 5.29% in the previous year[48]. - Research and development investment increased by 56.47% to ¥44,087,365.79, primarily due to increased investment in new projects[52]. - The company is focused on enhancing R&D investment to enhance its competitive advantages in design, precision manufacturing, and product quality[92]. - The company has established a post-doctoral industrial base and multiple R&D centers to maintain its technological edge in the industry[94]. Market and Product Development - The company focuses on product R&D, manufacturing, and sales in the fields of acoustics and data transmission, with a mission to enhance customer value through continuous innovation[28]. - The company aims to expand its product applications in medical devices, security, and new energy vehicles, indicating a strategic market expansion[32]. - The company has developed various acoustic products, including TWS, noise-canceling headphones, and smart hearing aids, leveraging core technologies in design and manufacturing[29]. - The company’s data transmission products can achieve transmission rates of 10G/S and support fast charging protocols, indicating strong market competitiveness[33]. - The company successfully developed new products such as 8K high-frequency HDMI cables and security lines, aiming to penetrate new markets in consumer electronics and security industries[49]. Operational Risks and Challenges - The company faces various operational risks and has outlined corresponding countermeasures in its report[6]. - The company faced challenges such as supply chain constraints for Bluetooth main control chips and rising raw material prices, which negatively impacted gross margins[87]. - The company is focusing on optimizing its talent strategy and organizational structure to enhance management efficiency and team performance[50]. - The company has implemented measures to manage risks associated with the COVID-19 pandemic, ensuring production and operational continuity[100]. Corporate Governance and Shareholder Matters - The company plans not to distribute cash dividends or issue bonus shares[7]. - The company has not sold any significant assets or equity during the reporting period, maintaining its asset base[82][83]. - The company has not engaged in any major related party transactions during the reporting period, ensuring transparency and compliance[131]. - The company has fulfilled all commitments made to minority shareholders regarding the use of idle raised funds[122]. - The company has not experienced any violations or external guarantees during the reporting period, reflecting sound governance practices[125]. Investments and Financial Management - The company has a total of CNY 38,000 million in entrusted financial management, with an outstanding balance of CNY 24,500 million[145]. - The total approved guarantee amount for the company is CNY 14,000 million, with an actual guarantee balance of CNY 3,000 million, representing 2.84% of the company's net assets[142]. - The company engaged in foreign exchange hedging to mitigate risks associated with currency fluctuations, adhering to a conservative approach[80]. - The company reported a risk of significant currency fluctuations impacting the effectiveness of its hedging strategies[80]. Social Responsibility and Sustainability - The company actively participates in poverty alleviation projects, ensuring that no previously impoverished individuals have returned to poverty in areas where it operates[119]. - The chairman of the company was awarded the title of "National Advanced Individual in Poverty Alleviation" during the reporting period[119]. - The company emphasizes sustainable development by integrating economic, social, and environmental benefits in its charitable activities[118].