祥鑫科技(002965) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,009,478,442.56, representing a 20.87% increase compared to CNY 835,202,240.99 in the same period last year[29]. - The net profit attributable to shareholders of the listed company decreased by 37.72% to CNY 48,571,544.52 from CNY 77,985,286.71 year-on-year[29]. - The net cash flow from operating activities was negative at CNY -36,465,007.01, a decline of 156.67% compared to CNY 64,345,926.60 in the previous year[29]. - The basic earnings per share decreased by 37.72% to CNY 0.3223 from CNY 0.5175 in the same period last year[29]. - The net profit after deducting non-recurring gains and losses decreased by 47.12% to CNY 34,105,432.59 from CNY 64,492,432.53 year-on-year[29]. - Operating costs increased by 24.88% to ¥826,485,124.64, primarily due to rising raw material prices and increased labor costs[50]. - The company reported a significant decrease in income tax expenses, down 65.62% to ¥4,420,284.00, attributed to a decline in profits[50]. - The sales expenses increased by 53.25% to ¥11,963,649.08, driven by an expansion in sales scale and increased personnel costs[50]. - The financial expenses surged by 1,211.64% to ¥17,495,853.64, primarily due to interest expenses from convertible bonds and exchange rate fluctuations[50]. Assets and Liabilities - Total assets as of June 30, 2021, were CNY 3,389,162,178.14, an increase of 2.84% from CNY 3,295,723,984.48 at the end of the previous year[29]. - The company's net assets attributable to shareholders remained stable at CNY 1,872,193,736.16, showing no change from the previous year[29]. - The company's cash and cash equivalents decreased by 16.32% to ¥365,655,405.39, down from ¥893,513,573.37 at the end of the previous year[61]. - The inventory level increased by 17.71% to ¥600,138,634.97, attributed to rising raw material prices and increased stock for customer demand[61]. - The company's investment cash outflow increased by 114.92% to ¥2,353,410,000.00, compared to ¥1,095,000,000.00 in the previous year[54]. - Accounts payable decreased to ¥471,154,304.33, down by 3.48% due to reduced payments for project equipment and construction[63]. - Tax payable decreased to ¥8,174,450.47, a decline of 0.21% due to reductions in VAT and corporate income tax[63]. Investment and R&D - Research and development investment rose by 5.42% to ¥37,573,664.68, indicating a continued focus on innovation[50]. - The company plans to enhance its R&D capabilities by focusing on lightweight metal processing technologies and advanced composite materials, aiming to improve product value-added[92]. Risk Management - The company emphasizes the importance of risk management and has outlined potential risks and countermeasures in its report[6]. - The company faces risks including macroeconomic fluctuations, industry competition, and rising labor costs, which could impact its operational performance[79][87]. Shareholder Information - The total number of shares increased to 150,700,835, with 75,755,100 shares under limited sale conditions, accounting for 50.27% of total shares[172]. - Major shareholders include Chen Rong with 25.35% (38,200,000 shares) and Xie Xiangwa with 19.44% (29,300,000 shares)[177]. - The number of shareholders holding ordinary shares reached 16,981 by the end of the reporting period[177]. Financial Products and Fundraising - The company raised a total of 28,470 million in funds during the reporting period[162]. - The average interest rate for the financial products ranged from 1.51% to 4.89%[158]. - The company has maintained a focus on low-risk financial products to ensure stable returns[137]. - The company reported a total of 1,806 million in interest income from its financial products during the reporting period[162]. - The company has a consistent track record of recovering principal and interest from low-risk financial products[137]. Corporate Governance and Compliance - The company has not faced any administrative penalties related to environmental issues during the reporting period[105]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[113]. - The company has not experienced any major litigation or arbitration matters during the reporting period[118]. - The company has not disclosed any other necessary information as required by securities regulatory authorities[175].