TLGD(SZ:300029)2022-08-25 16:00Financial Performance - The company's revenue for the first half of 2022 was ¥58,173,063.39, representing a 6.28% increase compared to ¥54,734,078.42 in the same period last year[20]. - The net profit attributable to shareholders was ¥32,748,401.49, a significant increase of 251.62% from a loss of ¥21,598,927.14 in the previous year[20]. - The basic earnings per share increased to ¥0.1637 from a loss of ¥0.1080, marking a 251.57% improvement[20]. - The company achieved operating revenue of ¥58,173,063.39, representing a year-on-year increase of 6.28% compared to ¥54,734,078.42 in the previous year[32]. - The company reported a net loss of ¥1,014,215,328.90 as of June 30, 2022, compared to a loss of ¥1,046,963,730.39 at the beginning of the year, indicating a slight improvement[121]. - The company reported a net profit margin of 12% for the first half of 2022, reflecting improved cost management and operational efficiency[178]. Cash Flow and Assets - The company reported a net cash flow from operating activities of -¥41,888,685.55, a decline of 1,583.50% compared to ¥2,823,644.73 in the same period last year[20]. - The total assets at the end of the reporting period were ¥310,705,006.13, a decrease of 2.69% from ¥319,298,837.95 at the end of the previous year[20]. - The cash and cash equivalents held by the company were CNY 2,197,175.78[43]. - The company's cash and cash equivalents increased to CNY 61,598,974.85 by the end of the reporting period, up from CNY 4,932,724.77 at the end of the previous year[135]. - The total cash outflow for operating activities was CNY 176,259,078.84, significantly higher than CNY 75,285,571.68 in the first half of 2021, indicating increased operational costs[133]. Investments and Contracts - The company signed a total of 10 contracts for new energy EPC projects, with a total value of ¥575 million, and 6 contracts for wind tower sales worth ¥556 million[29]. - The company reported a substantial increase in cash flow from investing activities, amounting to ¥106,089,000.00, compared to a negative cash flow of -¥2,729,332.86 in the previous year[33]. - The company reported an asset disposal gain of ¥39,285,924.04, which accounted for 120.79% of the total profit[37]. Liabilities and Equity - The total liabilities decreased from ¥305,189,072.31 to ¥262,251,000.15, representing a decline of around 14%[121]. - The net assets attributable to shareholders increased to ¥48,542,957.57, a substantial rise of 239.57% from ¥14,295,316.08 at the end of the previous year[20]. - The total liabilities of the company stand at 800 million RMB, with a debt-to-equity ratio of 0.5, indicating a stable financial position[178]. Management and Governance - The controlling shareholder's stock of 14 million shares was frozen, representing 54.69% of the shares held, leading to uncertainty regarding control[4]. - The company faced a significant audit report indicating substantial uncertainty regarding its ability to continue as a going concern[3]. - There were changes in senior management, including the resignation of the general manager and deputy general manager on January 5, 2022, due to personal reasons[58]. Future Outlook and Strategy - The company plans to enhance its market expansion strategies, focusing on new product development and technological advancements in the upcoming quarters[140]. - The overall revenue growth target for the next period is set at 15%, driven by increased demand in key markets[140]. - The company is exploring potential mergers and acquisitions to strengthen its market position[144]. Compliance and Regulatory Matters - The semi-annual financial report has not been audited[75]. - The company has adhered to its commitments regarding related party transactions and has not engaged in any illegal occupation of company funds or assets[70]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations in the next accounting period[154].