先河环保(300137) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥538,722,232.36, representing a 12.48% increase compared to ¥478,967,691.72 in the same period last year[21]. - The net profit attributable to shareholders decreased by 15.85% to ¥58,137,307.82 from ¥69,090,639.67 year-on-year[21]. - Basic earnings per share fell by 15.38% to ¥0.11 from ¥0.13 in the same period last year[21]. - The company achieved operating revenue of ¥538,722,232.36, representing a year-on-year increase of 12.48%[30]. - The net profit attributable to shareholders was ¥58,137,307.82, a year-on-year decrease of 15.85%[30]. - The company's total equity increased slightly to CNY 2,109,477,036.83 from CNY 2,104,376,167.45, showing a growth of approximately 0.1%[123]. - The total comprehensive income for the first half of 2021 was 69,295,706.35, a decrease of 10,323,000 compared to the previous period[145]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥127,164,131.96, a decline of 24.33% compared to the previous year's negative cash flow of ¥102,280,349.01[21]. - The cash and cash equivalents decreased to ¥587,737,370.45, accounting for 23.51% of total assets, down from 30.54% the previous year[45]. - The company's cash flow from operating activities has shown a significant decline, which may impact future operational strategies[141]. - The total cash outflow from financing activities was CNY 53,997,259.62, compared to CNY 59,937,401.00 in the first half of 2020[138]. - The company reported a cash and cash equivalents balance of CNY 566,708,973.99 at the end of the first half of 2021, down from CNY 753,685,376.49 at the beginning of the period[138]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,499,704,528.54, a decrease of 1.48% from ¥2,537,316,863.57 at the end of the previous year[21]. - The company's total assets amounted to CNY 2,213,656,000, showing a slight increase from CNY 2,210,264,000[150]. - The total liabilities decreased to CNY 1,165,200,000 from CNY 1,167,500,000 in the previous year[150]. - The company's accounts receivable increased by 4.23% to ¥832,489,308.92, compared to ¥737,670,087.22 at the end of the previous year[45]. Research and Development - Research and development expenses rose by 30.21% to ¥37,879,035.19, up from ¥29,089,963.84, indicating a significant investment in innovation[39]. - The company has developed a carbon monitoring and management system, enhancing its capabilities in carbon asset management[31]. - The company is focusing on an integrated ecological environment governance model that utilizes IoT, big data, and AI technologies to enhance environmental quality[36]. Risk Management - The company has highlighted risks and countermeasures in its management discussion and analysis section, emphasizing the importance of risk awareness for investors[5]. - The company faces management risks due to business expansion, requiring enhanced capabilities in investment decisions and resource integration[56]. - There is a risk of goodwill impairment from acquisitions, which could negatively affect asset status and operating performance[56]. Corporate Governance - The company has not reported any significant changes in its registered information or contact details during the reporting period[18]. - The company did not experience any penalties or rectification situations in the reporting period[79]. - The company did not report any significant litigation or arbitration matters during the reporting period[78]. Shareholder Information - The total number of shares is 551,032,550, with 74,882,911 shares (13.59%) under limited sale conditions and 476,149,639 shares (86.41%) under unlimited sale conditions[101]. - The largest shareholder, Li Yuguo, holds 81,898,409 shares, representing 14.86% of total shares, with 61,423,807 shares under lock-up conditions[105]. - The company reported a profit distribution to shareholders amounting to 7,401,000, which is a significant reduction from the previous period[146]. Compliance and Reporting - The half-year financial report has not been audited, indicating a lack of external validation for the reported figures[75]. - The company adheres to the Chinese Accounting Standards, ensuring that its financial statements accurately reflect its financial position and operating results[165]. - The financial statements are prepared based on the going concern assumption, with no significant doubts about the company's ability to continue operations for at least 12 months from the reporting date[163].