LMC(SZ:002921)2021-08-24 16:00Financial Performance - The company's operating revenue for the first half of 2021 was CNY 586,336,062.24, representing a 40.22% increase compared to CNY 418,157,778.36 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was CNY 48,151,079.24, up 41.33% from CNY 34,070,412.80 in the previous year[20]. - Basic earnings per share were CNY 0.4587, reflecting a 42.81% increase from CNY 0.3212 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was CNY 45,289,905.48, a 31.79% increase from CNY 34,364,844.34 in the same period last year[20]. - The company reported a total comprehensive income of ¥49,877,272.08 for the first half of 2021, compared to ¥25,603,739.51 in the same period of 2020, reflecting a 94.8% increase[176]. - The total profit for the first half of 2021 was CNY 36,758,383.55, a decrease of 2.3% from CNY 37,623,091.60 in the first half of 2020[179]. - The company's net profit for the first half of 2021 was CNY 29,560,468.32, a decrease of 7.4% compared to CNY 31,927,626.13 in the same period of 2020[179]. Cash Flow and Investments - The net cash flow from operating activities reached CNY 43,379,414.97, a significant increase of 295.20% compared to a negative cash flow of CNY -22,223,507.49 in the same period last year[20]. - The cash flow from investing activities showed a net outflow of CNY -148,405,197.10 in the first half of 2021, worsening from a net outflow of CNY -12,546,465.73 in the same period of 2020[184]. - The total cash inflow from financing activities was 144,800,000.00 CNY, while cash outflow was 156,409,642.18 CNY, resulting in a net cash flow of -11,609,642.18 CNY[188]. - The company raised CNY 35,000,000.00 from investment activities in the first half of 2021, compared to CNY 14,240,000.00 in the same period of 2020, reflecting a growth of 146.5%[184]. Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 1,717,246,211.90, a 13.36% increase from CNY 1,514,827,611.11 at the end of the previous year[20]. - The asset-liability ratio at the end of the reporting period was 47.28%, an increase of 3.53% from 43.75% at the end of the previous year[155]. - Total liabilities reached CNY 811,830,049.01, up from CNY 662,725,183.93, marking a 22.5% increase[166]. - The company's total liabilities increased to ¥634,548,164.66, up from ¥546,785,138.79 in the previous year, marking a 16% rise[175]. Research and Development - Research and development expenses increased by 28.63% to ¥15,322,811.48 from ¥11,912,071.01, indicating a commitment to innovation[33]. - The research and development expenses for new products were reported at 8,236,000, reflecting a commitment to innovation[200]. Market and Sales - Revenue from agricultural machinery and engineering machinery parts surged by 77.21% to ¥189,990,330.87, driven by increased sales to clients like Motovario and CNH[40]. - Domestic sales contributed ¥398,766,057.44, accounting for 68.01% of total revenue, with a year-on-year increase of 45.05%[38]. - The company is focusing on expanding its market presence and developing new technologies to enhance its competitive edge[167]. Strategic Initiatives - The company emphasizes the importance of risk awareness in its future plans and development strategies[4]. - The company is committed to expanding its market presence and enhancing core competitiveness through ongoing investment in production capacity and technology[29]. - Future guidance indicates a continued emphasis on improving operational efficiency and exploring potential mergers and acquisitions to drive growth[167]. Environmental Compliance - The company reported a total emission of 2.68 tons of particulate matter, with no exceedance of the emission standards[81]. - The company has a complete set of pollution control facilities, with good operational status, ensuring compliance with environmental regulations[82]. - The company has obtained ISO45001:2018 and ISO14001 certifications for occupational health and environmental management systems[87]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - A total of 624,000 shares from the 2020 restricted stock incentive plan were released for trading on June 10, 2021[78]. - The total number of common shareholders at the end of the reporting period was 9,858[135].