惠威科技(002888) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥144,641,123.86, representing a 28.14% increase compared to ¥112,876,089.24 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was ¥16,997,147.32, up 16.69% from ¥14,566,380.11 in the previous year[19]. - The net profit after deducting non-recurring gains and losses increased by 94.98%, reaching ¥15,910,166.01 compared to ¥8,159,774.80 in the same period last year[19]. - The company's revenue for the reporting period reached ¥144,641,123.86, representing a year-on-year increase of 28.14% compared to ¥112,876,089.24 in the previous year[33]. - The operating profit for the first half of 2021 was CNY 20,298,392.44, up from CNY 15,981,137.08 in the first half of 2020, reflecting a growth of 27.5%[116]. - The company reported a significant increase in investment income to CNY 1,261,248.75 from CNY 867,318.37, reflecting a growth of 45.4%[114]. - The company achieved a total comprehensive income of CNY 17,009,592.32, an increase from CNY 14,701,739.85 in the first half of 2020[117]. Assets and Liabilities - The company's total assets as of June 30, 2021, were ¥516,064,384.08, a 3.73% increase from ¥497,514,556.68 at the end of the previous year[19]. - The company's total liabilities increased to CNY 81,743,954.15 from CNY 70,229,607.07, marking a rise of around 16.5%[108]. - The company's current assets totaled CNY 400,074,418.24, up from CNY 378,661,187.10 at the end of 2020, indicating an increase of about 5.4%[107]. - Inventory levels rose significantly to CNY 151,541,646.07, compared to CNY 113,616,732.68 at the end of 2020, reflecting an increase of approximately 33.3%[106]. - The total liabilities decreased to CNY 53,659,454.13 from CNY 55,739,462.69, indicating a reduction of approximately 3.7%[113]. Shareholder Information - The total number of shares increased from 124,676,400 to 149,611,680 due to a capital reserve conversion, with a total of 24,935,280 shares added[87]. - Hongbo Yao holds 62.78% of the shares, with a total of 93,923,539 shares, after an increase of 15,653,923 shares during the reporting period[93]. - The total number of restricted shares at the end of the period is 74,419,754, with an increase of 12,403,292 shares[90]. - The total number of shares held by directors and senior management at the end of the period is 99,226,339 shares[95]. - The company did not experience any changes in its controlling shareholder or actual controller during the reporting period[96]. Cash Flow - The net cash flow from operating activities was negative at -¥1,710,625.95, a decline of 179.86% compared to ¥2,142,112.60 in the previous year[19]. - The total cash inflow from operating activities was 170,836,619.23 CNY, compared to 133,452,126.49 CNY in the first half of 2020, representing an increase of approximately 28%[124]. - The total cash outflow from operating activities was 172,547,245.18 CNY, compared to 131,310,013.89 CNY in the same period of 2020, reflecting an increase of approximately 31.5%[124]. - The cash flow from financing activities resulted in a net outflow of -9,974,112.00 CNY, compared to -24,935,280.00 CNY in the first half of 2020[125]. Risks and Challenges - The company faces risks including new product and technology substitution, market volatility, and talent loss[5]. - The company faces risks from inventory depreciation and competition from smart audio products, which could impact future performance[49]. Research and Development - Research and development expenses decreased by 8.43% to ¥8,797,547.42, attributed to increased raw material purchases[33]. - Research and development expenses for the first half of 2021 were CNY 8,797,547.42, slightly down from CNY 9,607,422.96 in the same period of 2020[114]. Corporate Governance - The financial report was approved by the board of directors on August 30, 2021, ensuring timely disclosure of financial performance[151]. - The company did not engage in any significant related party transactions during the reporting period[69]. - There were no major lawsuits or arbitration matters during the reporting period[68]. Accounting Policies - The company prepares its financial statements based on the going concern assumption and adheres to the relevant accounting standards issued by the Ministry of Finance[152]. - The company's accounting records are maintained in Renminbi, which is also the currency used for financial reporting[158]. - The company recognizes goodwill in cases where the acquisition cost exceeds the fair value of identifiable net assets acquired in a business combination[162].