*ST三盛(300282) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥173.54 million, representing a 34.79% increase compared to ¥128.75 million in the same period last year[21]. - The net profit attributable to shareholders of the listed company was a loss of approximately ¥25.97 million, a decline of 147.36% from a loss of ¥10.50 million in the previous year[21]. - The net cash flow from operating activities was a negative ¥16.54 million, which is a 41.52% increase in loss compared to a negative ¥11.68 million in the same period last year[21]. - The basic earnings per share were reported at -¥0.0694, a decrease of 146.98% compared to -¥0.0281 in the same period last year[21]. - The net profit for the reporting period was a loss of 25.97 million yuan, primarily due to operating losses in the smart education segment[33]. - The company reported a net loss of CNY 21,022,591.06, compared to a net loss of CNY 8,574,064.59 in the first half of 2020, indicating a worsening of 145%[138]. - The total comprehensive income for the first half of 2021 was a loss of ¥13,752,548.99, compared to a loss of ¥13,198,139.50 in the first half of 2020, indicating ongoing challenges[141]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥2.02 billion, reflecting a 2.23% increase from ¥1.97 billion at the end of the previous year[21]. - The total liabilities rose to CNY 247,596,371.66 from CNY 180,234,754.07, indicating an increase of about 37.3%[130][131]. - The company's total current assets decreased to CNY 1,485,903,863.28 from CNY 1,530,497,059.30, reflecting a decline of about 2.9%[129]. - The company's equity attributable to shareholders decreased to CNY 1,719,737,441.17 from CNY 1,747,238,886.72, a decline of approximately 1.58%[131]. - The company's total assets increased to CNY 1,924,911,409.28 from CNY 1,842,901,918.99, representing a growth of about 4.4%[135]. Cash Flow - The company's cash and cash equivalents decreased by 40.94 million yuan, a significant drop attributed to increased procurement and debt repayment[38]. - The cash flow from operating activities showed a net outflow of ¥16,537,178.98 in the first half of 2021, worsening from a net outflow of ¥11,684,998.08 in the same period of 2020[143]. - The total cash outflow from financing activities amounted to 403,742,333.33 CNY, compared to 18,492,837.01 CNY in the prior period, indicating a substantial increase in financing costs[147]. Research and Development - Research and development investment decreased by 28.58% to 17.30 million yuan, reflecting a reduction in R&D activities during the reporting period[38]. - The company reported a significant increase in research and development expenses, totaling ¥1,478,250.66 in the first half of 2021, compared to ¥1,131,635.85 in the same period of 2020, reflecting a focus on innovation[140]. Market and Industry - The smart education industry is transitioning towards "Internet + Education" service models, increasing the competitive threshold for market participants[31]. - The interactive flat panel display (IFPD) market is expected to see broader application in various educational sectors due to supportive policies under the "14th Five-Year Plan"[33]. - The international education market is expected to grow steadily as the number of students studying abroad and international schools increases[31]. Risks and Challenges - The company is facing risks and challenges in its management, which are detailed in the report[4]. - The report emphasizes the importance of investors understanding the risks associated with future plans and forecasts[4]. - The company faces risks from industry policy changes, particularly the "double reduction" policy, which may indirectly affect its business operations[62]. - The company is exposed to risks from intensified competition in the education information industry, particularly from major internet companies entering the market[63]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The largest shareholder, Fujian Zhuofeng Investment Partnership, holds 101,800,318 shares, representing 27.20% of total shares[114]. - The second largest shareholder, Wang Wenqing, holds 12,575,786 shares, which is 3.36% of total shares, with a decrease of 3,110,000 shares during the reporting period[114]. Legal and Compliance - The company is involved in a patent infringement case with a litigation amount of 1,000 million CNY, which is still under trial[87]. - The company has ongoing litigation concerning technology secrets with a litigation amount of 300 million CNY, awaiting judgment[87]. - There were no significant litigation or arbitration matters reported during the period[85]. Corporate Governance - The company has not faced any significant environmental penalties during the reporting period[75]. - The company encourages employee participation in social responsibility initiatives and community service[75]. - The company has not reported any new product launches or technological advancements during this period[157].