绿茵生态(002887) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥366,078,790.15, a decrease of 15.66% compared to ¥434,029,381.97 in the same period last year[22]. - The net profit attributable to shareholders was ¥110,203,895.66, down 15.37% from ¥130,211,899.88 year-on-year[22]. - The net cash flow from operating activities was negative at -¥22,463,842.44, a decline of 151.36% compared to ¥43,738,878.32 in the previous year[22]. - The basic earnings per share decreased by 15.36% to ¥0.3532 from ¥0.4173 in the same period last year[22]. - The diluted earnings per share fell by 14.62% to ¥0.3563 from ¥0.4173 year-on-year[22]. - The weighted average return on net assets decreased to 5.21% from 6.66% in the previous year[22]. - The net profit after deducting non-recurring gains and losses was approximately ¥93.80 million, a decrease of 26.27% year-over-year[138]. - The total profit for the first half of 2021 was CNY 129,796,727.07, down 17.8% from CNY 158,009,532.34 in the first half of 2020[152]. - The company reported a total of 110,455,000 yuan in surplus reserves, which can be utilized for future investments[172]. Assets and Liabilities - The total assets increased by 20.47% to ¥4,366,541,304.62 from ¥3,624,704,797.23 at the end of the previous year[22]. - The total liabilities of the company reached CNY 1,435,971,701.32 as of June 30, 2021, compared to CNY 879,561,662.14 at the end of 2020, indicating an increase in financial obligations[149]. - The total equity decreased to CNY 2,017,356,551.38 as of June 30, 2021, down from CNY 2,069,017,516.95 at the end of 2020, reflecting changes in retained earnings[149]. - The debt-to-asset ratio increased to 49.02%, up by 9.62% from the previous year[138]. - The total liabilities at the end of the current period were CNY 59,440,000, showing a decrease[167]. Cash Flow - The company reported a significant decline in cash flow from operating activities, with a net outflow of ¥22,463,842.44 compared to a net inflow of ¥43,738,878.32 in the previous year, primarily due to increased payments for purchases and employee compensation[41]. - The cash flow from operating activities was CNY 306,123,285.44 in the first half of 2021, a decrease from CNY 363,023,460.39 in the same period of 2020[159]. - The company experienced a net decrease in cash and cash equivalents of -122,009,675.57 CNY during the first half of 2021, contrasting with an increase of 182,348,265.81 CNY in the same period of 2020[161]. Investments and R&D - The company completed the issuance of convertible bonds amounting to 712 million yuan, enhancing its capital strength[34]. - The company's R&D investment increased by 31.13% to ¥21,352,913.78 from ¥16,283,247.11 in the previous year, reflecting a commitment to technological advancement[40]. - The company has applied for a total of 263 national patents, of which 168 have been granted, indicating a strong focus on innovation[37]. Market Strategy and Operations - The company is actively exploring forestry carbon sink projects to align with national carbon peak and carbon neutrality goals[34]. - The company is focusing on optimizing market layout and expanding into five key regions: Shandong, Shaanxi, Chengdu-Chongqing, Yangtze River Delta, and Guangdong-Hong Kong-Macao[33]. - The company has established strategic partnerships to pursue forestry carbon sink research, aligning with national carbon neutrality goals[37]. Corporate Governance and Compliance - The company plans not to distribute cash dividends or issue bonus shares[9]. - The company is committed to fulfilling its information disclosure obligations in accordance with relevant laws and regulations, ensuring timely and accurate communication with investors[70]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[69]. Legal Matters - The company is involved in an arbitration case with Inner Mongolia Qingshan Cultural Tourism Investment Co., Ltd. regarding a construction contract dispute, with an amount in dispute of 4,375.38 million yuan[85]. - The company has a court ruling against it in a construction contract dispute with Ma Jinguo, with a liability of 133.13 million yuan, which does not constitute a significant impact[85]. - There are no significant litigation or arbitration matters affecting the company during the reporting period[85]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,705, with the largest shareholder holding 40.10% of the shares[118]. - The largest shareholder, Lu Yunhui, holds 31,278,780 shares, while the second-largest shareholder, Qi Yong, holds 17,550,000 shares[119]. - The company completed the repurchase of 6,034,940 shares, accounting for 1.93% of the total share capital, with a total expenditure of CNY 80,002,975.91[110].