Rastar(SZ:300043)2021-08-29 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥529,784,060.14, a decrease of 37.47% compared to ¥847,186,385.77 in the same period last year[30]. - The net profit attributable to shareholders of the listed company was -¥197,392,232.59, representing a decline of 348.28% from -¥44,033,340.79 in the previous year[30]. - The net cash flow from operating activities was -¥38,294,980.31, a significant drop of 114.49% compared to ¥264,361,382.98 in the same period last year[30]. - The basic earnings per share were -¥0.16, a decrease of 300.00% from -¥0.04 in the previous year[30]. - Total assets at the end of the reporting period were ¥5,075,250,297.09, down 5.31% from ¥5,360,084,427.62 at the end of the previous year[30]. - The net assets attributable to shareholders of the listed company decreased by 8.48% to ¥2,688,441,393.98 from ¥2,937,668,313.79 at the end of the previous year[30]. - The weighted average return on net assets was -6.96%, a decline of 5.45% compared to -1.51% in the previous year[30]. - The net profit after deducting non-recurring gains and losses was -¥202,640,237.49, a decrease of 345.33% from -¥45,503,792.87 in the same period last year[30]. - In the first half of 2021, the company achieved total revenue of 530 million yuan, a decrease of 37.47% year-on-year, and a net profit attributable to shareholders of -197 million yuan[54]. Business Segments - The gaming business has launched several successful titles, including "Three Kingdoms Heroes: The Era of Dominance" and "The King's Throne," contributing to a unique product advantage in the ancient strategy and ACG genres[40]. - The toy business has secured over 300 model production brand authorizations from more than 35 global automotive brands, maintaining a leading position in the domestic market[42]. - The football club business generated revenue of 71.76 million yuan, a decrease of 75.78% year-on-year, and a net loss of 215 million yuan due to relegation impacts[58]. - The gaming business generated revenue of 279 million yuan, down 26.78% year-on-year, accounting for 52.71% of total revenue, with a net profit of 52.32 million yuan, a decrease of 58.25%[54]. - The toy and derivative products business achieved revenue of 132 million yuan, an increase of 11.84% year-on-year, with a net profit of 6.19 million yuan, up 45.21%[60]. Market Trends - The Chinese gaming market achieved a sales revenue of 150.49 billion yuan in the first half of 2021, with a year-on-year growth of 7.89%[44]. - The mobile gaming sector accounted for 76.26% of the total market revenue, with a sales revenue of 114.77 billion yuan, growing by 9.65% year-on-year[44]. - The overseas sales revenue of self-developed Chinese games reached 8.468 billion USD in the first half of 2021, marking an 11.58% increase[45]. - The second dimension mobile game market saw a significant growth of 50.15%, reaching a revenue of 15.81 billion yuan in the first half of 2021[45]. Challenges and Risks - The company has faced significant challenges in maintaining profitability and cash flow during the reporting period[7]. - The company faces risks from the COVID-19 pandemic, which may affect sports events and overseas game product operations, potentially impacting short-term performance[105]. - The company faces risks from fluctuations in toy raw material prices, particularly plastic and packaging materials, which are influenced by oil price volatility[108]. - The company is exposed to foreign exchange rate risks due to its export-oriented business, primarily settled in USD, which may affect its financial performance[109]. Corporate Governance and Compliance - The company has not distributed cash dividends or implemented any employee incentive plans during the reporting period[118][119]. - There were no significant litigation or arbitration matters reported during the period[136]. - The company has not issued any non-standard audit reports for the previous year[134]. - The company has not experienced any bankruptcy reorganization matters during the reporting period[134]. Shareholder Information - The total number of shares before the change was 1,244,198,401, with 24.63% being restricted shares[167]. - The largest shareholder, Chen Yansheng, holds 32.77% of the shares, totaling 407,760,000 shares[172]. - The actual controllers of the company, Chen Yansheng and Chen Dongqiong, hold a combined 41.81% of the shares[173]. - The company reported that the increase in restricted shares was primarily due to the increase in lock-up shares held by certain executives[170]. Environmental and Social Responsibility - The company has actively participated in poverty alleviation projects, including a scholarship program for impoverished students in Luhuo County, contributing to local education[126]. - The company has established an emergency response plan for environmental incidents, which has been filed with local environmental authorities[124]. - The company has reduced its VOC emissions from 207.8 tons in 2015 to below 145.47 tons through technological upgrades and improved pollution control measures[123].