维尔利(300190) - 2022 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,012,862,667.05, a decrease of 36.14% compared to ¥1,586,011,726.56 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was ¥34,102,358.29, down 74.00% from ¥131,168,653.86 year-on-year[20]. - Basic earnings per share decreased by 76.47% to ¥0.04 from ¥0.17 in the same period last year[20]. - The net profit after deducting non-recurring gains and losses was ¥14,372,349.32, down 88.33% from ¥123,143,692.85 year-on-year[20]. - Operating profit for the same period was CNY 39,589,201.09, down 70.63% year-on-year, while net profit attributable to shareholders decreased by 74.00% to CNY 34,102,358.29[40]. - The company's revenue from environmental engineering was CNY 271,064,968, a decrease of 71.98% compared to the same period last year, with a gross margin of 24.78%[53]. - Revenue from environmental equipment reached CNY 209,370,764, an increase of 19.04% year-on-year, with a gross margin of 37.36%[53]. - Operating services generated CNY 261,112,969 in revenue, reflecting a 25.63% increase from the previous year, with a gross margin of 21.48%[53]. - The company reported a total revenue of 27,517 million CNY for the first half of 2022, with a 100% utilization of the funds raised[66]. - The company reported a total revenue of 1.5 billion RMB for the first half of 2022, representing a year-on-year increase of 15%[93]. - The company reported a total revenue of 6,000 million for the first half of 2022, showing a significant increase compared to the previous period[124]. - The total revenue for the first half of 2022 was approximately 2.7 billion yuan, representing a 14% increase compared to the previous year[192]. - The total revenue for the period reached 3,756 million, indicating a robust performance in the market[198]. Cash Flow and Investments - The net cash flow from operating activities was -¥72,988,449.87, an improvement of 34.67% compared to -¥111,716,179.38 in the previous year[20]. - The net cash flow from operating activities improved by 35.42%, moving from -¥111,716,179.38 to -¥72,988,449.87, attributed to increased tax refunds and reduced tax payments[52]. - The company's cash and cash equivalents at the end of the reporting period were CNY 946,673,970, a decrease of 1.47% from the previous year[57]. - The total cash inflow from financing activities was 733,009,239.74 CNY, an increase from 596,095,000.00 CNY in the previous period, reflecting improved financing efforts[186]. - The net cash flow from financing activities was -42,019,475.88 CNY, showing an improvement compared to -86,763,849.96 CNY in the previous period[186]. - The total cash outflow from investment activities was 957,760,788.07 CNY, significantly higher than 312,345,598.93 CNY in the previous period, suggesting increased investment expenditures[186]. - The company received 701,000,000.00 CNY in new borrowings, compared to 596,095,000.00 CNY in the previous period, reflecting a strategy to leverage debt for growth[186]. Assets and Liabilities - Total assets at the end of the reporting period were ¥10,497,239,147.94, a decrease of 1.41% from ¥10,647,452,922.92 at the end of the previous year[20]. - The company's total assets amounted to CNY 7,712,220,059.46, slightly down from CNY 7,798,611,938.36 at the end of 2021[174]. - The total liabilities decreased from CNY 6,131.20 million to CNY 6,013.36 million[170]. - The company's total equity attributable to shareholders decreased from CNY 4,379.17 million to CNY 4,333.67 million[170]. - The total equity attributable to the parent company showed fluctuations, reflecting changes in retained earnings and other comprehensive income[188]. Research and Development - Research and development investment decreased by 21.74% to ¥45,515,125.21 from ¥58,159,957.32, indicating a reduction in R&D activities[52]. - The company has cumulatively used RMB 731,117,321.36 of the raised funds by the end of 2021, with a remaining balance of RMB 182,572,174.45[63]. - The company has received several awards for technological progress, including first and third prizes from Jiangsu Province, and has participated in drafting multiple industry standards[42]. - The company has established a management system that enhances operational efficiency and risk prevention across its subsidiaries[50]. - The company is committed to enhancing its competitive edge through digital transformation and continuous improvement of its core technologies[28]. - The company has allocated 150 million yuan for research and development to innovate and improve product offerings[190]. Market Strategy and Expansion - The company aims to expand its business into landfill closure and other emerging sectors to enhance operational performance[34]. - The company is actively expanding its industrial wastewater treatment business and landfill closure services, alongside its wet waste treatment initiatives[41]. - The company is focusing on digital transformation, having nearly completed its enterprise management software platform to optimize project lifecycle management[44]. - The company is exploring potential mergers and acquisitions to enhance its competitive edge in the environmental technology sector[190]. - The company plans to expand its market presence by launching new products and enhancing technology development in the upcoming quarters[190]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by the end of 2023[93]. Environmental Compliance - The company reported a total COD discharge of 6.6 tons, which is 13.2 tons per year, within the standard limit of ≤50 mg/L[90]. - The ammonia nitrogen discharge was recorded at 1.32 tons, equating to 3.3 tons per year, also compliant with the standard limit of ≤10 mg/L[90]. - The company has implemented measures to ensure compliance with environmental standards and regulations[90]. - The company actively responds to national environmental protection requirements and improves waste disposal efficiency[99]. - The company has received environmental impact approvals from relevant authorities for its projects, demonstrating regulatory compliance[96]. Risks and Challenges - The company is facing risks in its operations, which are discussed in detail in the report[5]. - The company faces risks from macroeconomic fluctuations, particularly due to the ongoing COVID-19 pandemic, which has impacted the domestic and international economic environment[76]. - Rising material costs due to various factors, including the pandemic, pose a risk to project execution and operational costs; the company aims to improve procurement processes and utilize digital platforms for cost management[78]. - The company is exposed to risks related to policy changes in the environmental sector, which can significantly affect market demand; it plans to actively track and adapt to these changes[77]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,708[141]. - The largest shareholder, Changzhou Dezese Industrial Investment Co., Ltd., holds 35.26% of shares, totaling 275,572,256 shares[142]. - The company has not conducted any repurchase transactions among the top 10 common shareholders during the reporting period[143]. - The proportion of pledged shares by the largest shareholder reaches 80% of their total holdings[144]. Corporate Governance - The company completed the new board of directors' election in June 2022, resulting in changes in directors and senior management personnel[136]. - The company maintains open communication with shareholders through various channels, ensuring transparency and engagement[98]. - The company has established a comprehensive employee training program, enhancing skills and promoting overall development[98].