新动力(300152) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥85,453,880.09, a decrease of 51.17% compared to ¥174,994,928.74 in the same period last year[17]. - The net profit attributable to shareholders of the listed company was -¥26,716,363.35, an improvement of 18.15% from -¥32,641,810.74 in the previous year[17]. - The net cash flow from operating activities was ¥321,989.37, down 99.11% from ¥36,337,528.40 in the same period last year[17]. - The total assets at the end of the reporting period were ¥1,118,682,558.63, a decrease of 5.96% from ¥1,189,573,163.81 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company were ¥728,946,158.83, down 2.79% from ¥749,842,522.18 at the end of the previous year[17]. - The basic earnings per share for the reporting period was -¥0.037, an improvement of 19.57% from -¥0.046 in the same period last year[17]. - The diluted earnings per share for the reporting period was also -¥0.037, reflecting the same percentage improvement as the basic earnings per share[17]. - The weighted average return on net assets was -3.63%, an improvement of 0.53% from -4.16% in the previous year[17]. - The gross profit margin for the net combustion and boiler energy-saving efficiency segment was 31.20%, with a year-on-year increase of 14.95%[45]. - The company reported a net increase in cash and cash equivalents of -¥165,064,670.49, a decrease of 3,348.22% compared to -¥4,786,950.77 in the previous year, primarily due to investments in a fund company[43]. Investment and Capital Structure - The company made significant investments totaling ¥140,000,000.00 during the reporting period, a substantial increase of 6,241.15% compared to the previous year[56]. - The company established a joint venture with Beijing Huayang Wind Technology Co., Ltd. with a registered capital of ¥100,000,000.00, where the company holds an 85% stake[57]. - The company has a total of 338 national invention patents and has established a strong research and development team, enhancing its core competitiveness in technology innovation[37]. - The company plans to strengthen its research capabilities by attracting high-level talent and collaborating with universities and research institutions[35]. - The company has a commitment to distribute at least 10% of the current year's distributable profits in cash dividends, with a cumulative cash distribution of no less than 30% of the average annual distributable profits over the last three years[106]. Market Position and Strategy - The company is positioned in the energy-saving combustion, wastewater treatment, and waste-to-energy sectors, with a strategic focus on hazardous waste construction and hydrogen energy[27]. - The company aims to align with national policies promoting a green, low-carbon economy, which is expected to enhance demand for its energy-saving and environmental protection solutions[25]. - The market for low-nitrogen combustion equipment is projected to grow significantly due to increased environmental regulations in the petrochemical industry[26]. - The company plans to expand its business model from merely providing products to offering comprehensive solutions, targeting major domestic power enterprises and the petrochemical sector[32]. - The company is focusing on the integration of capital and industry to become a comprehensive environmental service provider[28]. - The company anticipates increased demand for waste treatment solutions, particularly in the context of achieving carbon peak and carbon neutrality goals[32]. - The company is committed to enhancing its market share through technological advancements in VOCs treatment and comprehensive waste management solutions[26]. Research and Development - The company has developed a key technology for liquid slag cyclone combustion of high-alkali coal, which has received recognition from major institutions, laying a solid foundation for future applications[38]. - The company has successfully tested a low-NOx gas burner that achieves NOx emissions of less than 30 mg/Nm³ without external flue gas recirculation, addressing efficiency issues associated with traditional methods[39]. - The company has developed various types of low-NOx burners for heating furnaces, meeting the requirement of NOx emissions below 50 mg/Nm³, in line with domestic emission standards[40]. - The company's research and development investment decreased by 57.46% to ¥2,879,056.53 from ¥6,767,474.62 in the previous year, also attributed to the reduction in the scope of consolidation[43]. Operational Challenges - The company faces risks from increased competition in the environmental protection industry, driven by market demand and supportive national policies[73]. - The company is addressing the risk of rising production costs due to increasing prices of materials and labor in the environmental protection sector[76]. - The company has implemented a robust accounts receivable management system to mitigate risks associated with growing accounts receivable as its main business expands[77]. - The overall financial performance indicates a need for strategic adjustments to improve profitability across subsidiaries[66]. Corporate Governance and Compliance - The company has established a governance structure that includes various committees to enhance decision-making and oversight[91]. - The company adheres to the principle of "lawful and honest taxation," ensuring compliance with tax laws and timely payment of taxes, contributing significantly to local economic development[95]. - The company strictly follows national labor laws, providing various employee benefits including meal subsidies and holiday gifts, while ensuring the protection of employee rights[96]. - The company has not engaged in any related party transactions during the reporting period[112]. Shareholder Information - The total number of shares is 712,800, with no changes in the number of shares during the reporting period[131]. - The total number of ordinary shareholders at the end of the reporting period is 53,423[135]. - The largest shareholder, Xuzhou Fengli Technology Development Investment Co., Ltd., holds 150,514,615 shares, accounting for 21.12% of total shares[136]. - The second-largest shareholder, Great Wall Securities Co., Ltd., holds 58,450,000 shares, representing 8.20% of total shares[136]. Future Outlook - The company aims to enhance its market position through strategic investments and potential mergers and acquisitions in the environmental technology sector[186]. - The financial report indicates a need for restructuring and strategic planning to address the declining performance and enhance shareholder value[186]. - The company is focusing on the development of new technologies and products to improve operational efficiency and market competitiveness[186].