ST迪威迅(300167) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥103,543,047.70, a decrease of 10.36% compared to ¥115,503,957.28 in the same period last year[21]. - The net profit attributable to shareholders of the listed company was -¥57,834,597.10, representing a decline of 133.71% from -¥24,746,594.41 in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥48,553,251.41, a decrease of 72.97% compared to -¥28,070,332.04 in the same period last year[21]. - The basic earnings per share were -¥0.1926, a decline of 133.74% compared to -¥0.0824 in the same period last year[21]. - The diluted earnings per share were also -¥0.1926, reflecting the same percentage decline as the basic earnings per share[21]. - The weighted average return on net assets was -15.03%, a decrease of 10.28% from -4.75% in the previous year[21]. - The net cash flow from operating activities was ¥3,231,351.84, a significant improvement of 106.19% from -¥52,204,381.62 in the previous year[21]. - The company reported a total comprehensive loss of CNY 58,709,494.61 for the first half of 2021, compared to a loss of CNY 23,614,335.48 in the first half of 2020[135]. - The company’s total profit for the first half of 2021 was CNY -61,111,635.91, compared to CNY -25,391,805.49 in the same period last year[134]. - The company experienced a significant increase in credit impairment losses, which rose to CNY -18,837,977.43 from CNY -8,877,036.37 year-over-year[134]. Assets and Liabilities - Total assets at the end of the reporting period were ¥726,067,331.11, down 8.57% from ¥794,088,221.95 at the end of the previous year[21]. - The net assets attributable to shareholders of the listed company decreased by 13.99% to ¥355,780,854.01 from ¥413,647,252.30 at the end of the previous year[21]. - The company's cash and cash equivalents decreased by 70.06% to ¥-20,872,273.03 from ¥-69,702,501.16 year-on-year[45]. - The total liabilities decreased from CNY 320,803,854.44 to CNY 312,992,458.21, a decline of approximately 2.5%[126]. - The total owner's equity decreased from CNY 473,284,367.51 to CNY 413,074,872.90, a decrease of approximately 12.7%[127]. - The company's retained earnings showed a negative balance, increasing from CNY -210,814,579.10 to CNY -268,649,176.20, indicating a worsening financial position[127]. Business Strategy and Market Position - The company has developed into a comprehensive service provider for smart urbanization, focusing on industry and park services[29]. - The company is shifting its business model towards light capital and fast turnover operations, moving away from heavy capital-intensive projects[37]. - The company plans to gradually divest from capital-intensive smart city engineering projects while focusing on operational business models[37]. - The integration of advanced technologies such as AI, Blockchain, and IoT is central to the company's strategy for developing sub-platforms that enhance overall service delivery[40]. - The company aims to expand market share and enhance operational management capabilities in response to increasing competition in the industry[61]. Research and Development - Research and development investment dropped significantly by 46.85% to ¥11,705,430.91 from ¥22,021,729.14 in the previous year[45]. - Research and development expenses decreased to CNY 11,352,774.67 from CNY 15,991,842.58, indicating a reduction of approximately 29.4%[132]. Investor Relations and Corporate Governance - The company has received over 80 investor inquiries during the reporting period, demonstrating active investor relations[76]. - The company has implemented a stock incentive plan approved by the board on June 25, 2021[71]. - The company has conducted four cash dividend distributions since its listing, totaling 68.2768 million CNY[77]. - The company maintains a transparent procurement system to protect supplier rights and foster mutual development[80]. - The company emphasizes risk management in project implementation, enhancing overall planning and management capabilities[64]. Financial Reporting and Compliance - The semi-annual financial report was not audited[86]. - The financial report for the first half of 2021 was not audited[122]. - The company has maintained its previous accounting policies without any changes reported for the current period[147]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[175]. Legal and Regulatory Matters - There is a significant ongoing litigation involving a contract dispute with Heilongjiang Construction Group, with an amount in dispute of 43.74 million yuan[89]. - The company reported no major related transactions during the reporting period[90]. - There were no violations regarding external guarantees during the reporting period[85]. Shareholder Information - The total number of shares remains at 300,240,000, with no changes reported[108]. - The largest shareholder, Beijing Ance Hengxing Investment Co., Ltd., held 35.84% of the shares, totaling 107,604,298 shares[111]. - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[112].