CAPOL(SZ:002949)2021-08-17 16:00Financial Performance - The company reported a revenue of 1.2 billion RMB for the first half of 2021, representing a 15% increase compared to the same period in 2020[17]. - The net profit attributable to shareholders was 200 million RMB, up 10% year-on-year[17]. - The company's operating revenue for the reporting period reached ¥1,050,347,166.80, representing a 78.95% increase compared to the same period last year[22]. - The net profit attributable to shareholders was ¥64,898,306.50, reflecting a 65.20% year-over-year growth[22]. - The basic earnings per share increased to ¥0.3311, up 65.22% from ¥0.2004 in the previous year[22]. - The company reported a net profit of CNY 6,373,567.95 from its subsidiary Huayang Cost, which contributed significantly to the overall performance[73]. - The company's net profit after deducting non-recurring gains and losses reached CNY 53,106,705.96, an increase of 49.74% compared to the same period last year[142]. - The total comprehensive income for the period amounted to RMB 76,203,617.05, reflecting a significant increase compared to the previous period[178]. Research and Development - The R&D expenditure for new technologies and products reached 150 million RMB, accounting for 12.5% of total revenue[17]. - The company invested ¥42,889,210.76 in R&D, a 36.72% increase from ¥31,369,192.36 in the previous year, reflecting a commitment to technological advancement[50]. - The company has developed and upgraded the iBIM platform to version 3.0, enhancing the efficiency of various design disciplines[37]. - The company is focusing on green building technologies and has been researching prefabricated and BIM technologies[86]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 20% growth in international revenue by the end of 2022[17]. - The company has expanded its regional layout from Shenzhen to multiple key areas including Guangzhou, Hunan, Shanghai, and Hong Kong[31]. - The company is exploring potential mergers and acquisitions to strengthen its competitive position in the engineering design sector[17]. - The company is expanding its business model to include cost consulting, project management, and prefabricated component production, aiming to enhance its competitive edge in the industry[48]. - The company has established long-term strategic partnerships with key clients such as Vanke, China Resources, and Evergrande, enhancing its market position in the Greater Bay Area[45]. Operational Efficiency - The company aims to achieve a 30% increase in operational efficiency through the implementation of a new collaborative design platform by 2022[17]. - The company reported a cash interest coverage ratio of -316.78, indicating a significant decline in cash flow available for interest payments[142]. - The company's operating cash flow for the first half of 2021 was negative at -150,562,987.05 CNY, compared to -87,160,845.76 CNY in the same period of 2020, indicating a decline in operational efficiency[158]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥2,811,619,503.47, a 2.11% increase from the previous year[22]. - The total liabilities were CNY 1,374,748,155.64, an increase from CNY 1,307,265,578.51 at the end of the previous year[149]. - The asset-liability ratio increased to 48.90%, up by 1.42 percentage points from the previous year[142]. - The company reported a decrease in cash and cash equivalents to CNY 412,889,467.40 from CNY 439,788,090.12 at the end of the previous year[148]. Corporate Governance and Compliance - The company has not engaged in any securities or derivative investments during the reporting period, indicating a conservative investment strategy[69][70]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[85]. - The company has not reported any penalties or rectification measures during the reporting period[96]. - The company maintains a continuous operation basis for financial reporting, with no identified issues affecting its ongoing viability[190]. Human Resources - As of the end of the reporting period, the company employed 5,012 staff, with 75.08% holding a bachelor's degree or higher[39]. - The company created nearly 100 new job positions during the reporting period, primarily for recent graduates[86]. Legal Matters - The company is involved in a contract dispute with Huai'an Yujing Real Estate Co., with a claim amounting to 4.0405 million yuan, which has been recognized as a liability[93]. - The company has ongoing litigation with Shenzhen Yongxin Construction Group for a prepayment of 9.90 million yuan, with most of the owed amount already received[95]. - There are no significant litigation or arbitration matters reported during the reporting period[93]. Shareholder Information - The company’s shareholding structure includes 52.30% of restricted shares and 47.70% of unrestricted shares[119]. - The largest shareholder, Tang Chongwu, holds 26.48% of the shares, totaling 51,903,000 shares, with 29,716,982 shares pledged[123]. - The second-largest shareholder, Xu Huafang, holds 14.19% of the shares, totaling 27,810,000 shares[123].