天晟新材(300169) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the reporting period was ¥418,005,449.77, representing a 1.23% increase compared to ¥412,933,386.91 in the same period last year[25]. - The net profit attributable to shareholders of the listed company was ¥3,186,193.63, a significant turnaround from a loss of ¥8,578,492.38, marking a 137.14% improvement[25]. - The net profit after deducting non-recurring gains and losses was ¥2,204,553.83, compared to a loss of ¥15,928,768.67 in the previous year, reflecting a 113.84% increase[25]. - The net cash flow from operating activities was ¥58,573,642.83, a substantial increase of 405.25% from a negative cash flow of ¥19,188,505.59 in the same period last year[25]. - Basic earnings per share improved to ¥0.0098 from a loss of ¥0.0263, representing a 137.26% increase[25]. - The company's revenue for the reporting period was approximately CNY 418 million, representing a 1.23% increase compared to the previous year[44]. - The company reported a net profit of RMB 65.63 million, reflecting a growth of 46% year-on-year[63]. - The overall gross margin for the first half of 2021 was reported at 63.57%, showcasing effective cost management strategies[63]. Governance and Compliance - The board of directors confirmed the accuracy and completeness of the financial report, ensuring no false statements or omissions[4]. - All directors attended the board meeting to review the report, indicating strong governance practices[5]. - The financial report includes a statement from the responsible personnel affirming the authenticity of the financial data presented[4]. - The company strictly adheres to relevant laws and regulations, ensuring timely and accurate information disclosure[87]. - There were no significant safety incidents reported during the reporting period[88]. - The company has established a comprehensive safety management system, emphasizing the principle of "whoever's business is responsible for safety"[88]. - The half-year financial report has not been audited[93]. - The company did not experience any major litigation or arbitration matters during the reporting period[96]. Strategic Initiatives - The company is currently evaluating the feasibility of a non-public stock issuance, with significant uncertainties regarding approval and registration timelines[5]. - Future plans or projections mentioned in the report do not constitute a commitment to investors, highlighting the associated risks[5]. - The company aims to enhance its product offerings in rubber foaming products and develop high-end products with international advanced levels to improve competitiveness and profitability[37]. - The company is actively pursuing mergers and acquisitions to strengthen its market position and expand its product lines[65]. - The company plans to expand its market presence by developing new products, including eco-friendly sound barriers and new building materials[64]. Research and Development - The company is focused on innovation through collaboration with top research institutions, enhancing its R&D capabilities[35]. - The company’s R&D investment increased by 43.77% to approximately CNY 7.42 million, reflecting a commitment to innovation and new product development[44]. - The company specializes in the research, production, and sales of high-performance membrane materials and various composite materials[178]. - The company has established a robust R&D mechanism and continues to invest in R&D to ensure ongoing technological innovation capabilities[76]. Market Position and Products - The company is a leading manufacturer of polymer foam materials, focusing on research, development, production, and sales, with a strong market position in soft and structural foam materials[32]. - The company has established long-term partnerships with well-known domestic and international clients, enhancing its market coverage[32]. - The Strucell series of structural foam materials has successfully entered new sectors such as wind power generation and rail transportation, filling a domestic market gap[32]. - The company has a comprehensive product range, including PE, EVA, SBR, and CR foam materials, catering to various applications[33]. - The structural foam materials market is dominated by PVC and PET, with PVC being the most widely used due to its mature applications[38]. Financial Position - Total assets at the end of the reporting period were ¥1,732,144,782.68, a slight increase of 0.15% from ¥1,729,466,473.59 at the end of the previous year[25]. - The net assets attributable to shareholders of the listed company were ¥621,507,807.11, up 0.40% from ¥619,022,209.27 at the end of the previous year[25]. - The company's total liabilities were CNY 1,111,742,105.69, remaining relatively stable compared to CNY 1,111,315,313.24 at the end of 2020[140]. - The total current assets increased to CNY 1,146,649,051.37 from CNY 1,137,722,299.79 at the end of 2020, indicating a growth of approximately 0.8%[139]. - The company's equity attributable to shareholders was CNY 621,507,807.11, slightly up from CNY 619,022,209.27 at the end of 2020[141]. Risks and Challenges - Future plans or projections mentioned in the report do not constitute a commitment to investors, highlighting the associated risks[5]. - The company faced risks related to the loss of core technical personnel, which could impact its competitive advantage in the polymer foaming industry[74]. - The company is expanding its international market presence, which is a key strategic goal, but faces risks from geopolitical factors and local regulations[76]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 10,867[123]. - The largest shareholder, Qingdao Ronghai Guotou Asset Management Co., Ltd., holds 30,000,000 shares, representing 9.20% of total shares[124]. - Wu Haizhou, a significant shareholder, holds 25,423,066 shares, accounting for 7.80% of total shares, with 19,067,299 shares under lock-up[124]. - The total number of restricted shares at the beginning of the period was 57,538,574, with 31,566,741 shares released during the period[121].