厚普股份(300471) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥357,330,020.11, representing a 119.68% increase compared to ¥162,662,776.11 in the same period last year[24]. - The net profit attributable to shareholders of the listed company was ¥16,676,591.86, a significant turnaround from a loss of ¥29,742,761.48 in the previous year, marking a 156.07% increase[24]. - The net profit after deducting non-recurring gains and losses was ¥11,249,126.08, compared to a loss of ¥35,190,903.09 in the same period last year, reflecting a 131.97% improvement[24]. - The basic earnings per share increased to ¥0.046 from a loss of ¥0.082, representing a 156.10% increase[24]. - The total comprehensive income for the first half of 2021 was CNY 21,220,357.52, compared to a total comprehensive loss of CNY 31,149,571.28 in the same period of 2020[173]. - The total profit for the first half of 2021 was CNY 24,210,460.01, a recovery from a total loss of CNY 31,036,879.21 in the same period of 2020[172]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,970,619,552.69, up 3.05% from ¥1,912,304,252.20 at the end of the previous year[24]. - The total equity attributable to shareholders rose to CNY 1,342,527,047.69 from CNY 1,328,321,329.02, showing a slight increase of about 1%[169]. - The total liabilities decreased to CNY 650,334,325.76 from CNY 713,361,383.98, indicating a reduction of approximately 8.8%[169]. - The company's cash and cash equivalents decreased to CNY 39,509,115.61 from CNY 90,305,650.57, a decline of about 56%[167]. - The company's total assets at the end of the period were 1,424.51 million yuan[189]. Cash Flow - The company reported a net cash flow from operating activities of -¥52,131,829.57, which is a decline of 88.59% compared to -¥27,642,720.55 in the same period last year[24]. - Cash flow from operating activities increased to CNY 348,863,731.08, compared to CNY 206,320,361.10 in the first half of 2020, indicating improved cash generation[178]. - The net cash flow from investing activities was -¥2,747,296.84, an improvement from -¥55,360,586.82 in the previous year[183]. - The net cash flow from financing activities was ¥22,160,393.11, a recovery from -¥37,409,277.52 in the same period last year[183]. Business Operations - The hydrogen energy business generated sales revenue of 9.79 million yuan, while the liquid air hydrogen energy business achieved 44.39 million yuan in sales[42]. - The company signed new orders worth 13 million yuan for hydrogen energy and 20 million yuan for liquid air hydrogen energy during the reporting period[42]. - The company launched the 100MPa hydrogen mass flow meter and 70MPa hydrogen refueling machine, breaking international monopolies[43]. - The LNG ship equipment business secured new contracts worth 26.44 million yuan, including LNG shore-based stations and refueling systems[45]. - The company is developing low-pressure solid-state hydrogen storage equipment and piston-type hydrogen compressors, enhancing its competitiveness in the hydrogen energy sector[43]. Research and Development - Research and development expenses increased by 44.02% to ¥17,680,409.00, as the company continued to invest in hydrogen energy and marine applications[63]. - The company holds 435 patents, including 106 domestic invention patents and 295 utility model patents, demonstrating a strong core technology advantage[57]. - The company has established partnerships with several universities and research institutions to enhance its technological innovation capabilities[58]. Risks and Challenges - The company has not disclosed any significant risks affecting normal operations during the reporting period[7]. - The company faced risks from the macroeconomic environment, including the ongoing COVID-19 pandemic and fluctuations in international oil prices[88]. - The hydrogen energy business is in its early stages, with the company having made some sales but facing uncertainties in large-scale production and market acceptance[91]. - The company faces accounts receivable risks due to long delivery and acceptance cycles for its natural gas and hydrogen refueling equipment products, which could lead to liquidity or bad debt risks if macroeconomic conditions change[90]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares[8]. - The company is in the process of issuing up to 23,336,666 shares, which constitutes a related party transaction, fully subscribed by the actual controller[122]. - The largest shareholder of the company is Beijing Xingkai Investment Co., Ltd., with the ultimate actual controller being Mr. Wang Jiwen[199]. Legal Matters - The company reported a total amount of 278.2 million yuan in a lawsuit against De Yuan Automotive Group for unpaid goods, with a settlement reached during the reporting period[113]. - The company has initiated legal proceedings against Yunnan Cangran Energy Development for 3,938.58 million yuan due to non-fulfillment of an EPC contract, with a judgment requiring payment of 35 million yuan in guarantee within 30 days[113]. - A total of 58.04 million yuan is owed by Shandong Huasheng Energy, with legal action taken to recover the amount[114]. Environmental and Compliance - There were no significant environmental penalties or issues reported during the period, and the company complies with relevant environmental laws[103]. - The semi-annual financial report has not been audited, which may affect the reliability of the financial data presented[110].