英搏尔(300681) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥312.97 million, representing a 121.17% increase compared to ¥141.51 million in the same period last year[26]. - The net profit attributable to shareholders was approximately ¥16.71 million, a significant turnaround from a loss of ¥7.67 million in the previous year, marking a 317.94% increase[26]. - The net profit after deducting non-recurring gains and losses was approximately ¥2.46 million, compared to a loss of ¥15.99 million in the same period last year, reflecting a 115.37% improvement[26]. - The basic earnings per share improved to ¥0.2210, compared to a loss of ¥0.1014 per share in the same period last year, marking a 317.95% increase[26]. - The weighted average return on net assets was 2.85%, an increase of 4.22% compared to -1.37% in the previous year[26]. - The company achieved operating revenue of 312.97 million yuan, a year-on-year increase of 121.17%[42]. - Net profit attributable to shareholders reached 16.71 million yuan, representing a year-on-year growth of 317.94%[42]. - The total profit for the first half of 2021 was CNY 14,607,983.12, a recovery from a loss of CNY 8,976,434.62 in the first half of 2020[181]. - The total comprehensive income for the period was CNY 16,967,488.94, a decrease of CNY 7,182,579.21 compared to the previous period[186]. Assets and Liabilities - The company's total assets increased by 17.06% to approximately ¥1.28 billion from ¥1.09 billion at the end of the previous year[26]. - The net assets attributable to shareholders rose by 4.15% to approximately ¥602.60 million from ¥578.60 million at the end of the previous year[26]. - Total liabilities increased to CNY 674.61 million from CNY 512.52 million, which is an increase of approximately 31.6%[173]. - The company reported a significant increase in short-term borrowings, rising to CNY 110 million from CNY 4.35 million, a substantial increase of over 2,400%[173]. - Total current assets increased to CNY 744.40 million as of June 30, 2021, up from CNY 597.57 million at the end of 2020, representing a growth of approximately 24.6%[172]. - Accounts receivable rose significantly to CNY 233.73 million, compared to CNY 150.42 million at the end of 2020, marking an increase of about 55.3%[172]. - Inventory levels increased to CNY 323.96 million from CNY 243.10 million, reflecting a growth of approximately 33.4%[172]. Research and Development - Research and development expenses amounted to 35.36 million, representing 11.3% of the company's operating income during the reporting period[50]. - The company has a total of 155 authorized patents, including 24 invention patents, 126 utility model patents, and 5 design patents, showcasing its strong focus on innovation[50]. - The company is focused on expanding its market presence and increasing capacity utilization while implementing effective cost reduction measures[100]. - The company is committed to maintaining technological innovation and production process leadership to secure its competitive advantage[100]. Market and Sales - The domestic new energy vehicle sales reached 1.206 million units in the first half of 2021, with a penetration rate of 9.4%[9]. - The sales volume of power supply assemblies reached 58,100 units, equivalent to 9.70 times the total sales for the entire year of 2020[43]. - The company’s market share for powertrain products was 6.51% in the first half of 2021, with a total sales volume of 78,500 units[46]. - The company’s electric logistics vehicles, electric forklifts, and electric engineering machinery saw rapid revenue growth, significantly expanding market space[44]. - The company’s electric motor controller products maintained a leading market share in the micro low-speed electric passenger vehicle and special vehicle sectors, with sales of 128,500 units[46]. Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares[10]. - The company has established long-term partnerships with well-known domestic and international automotive manufacturers, enhancing its market position[34]. - The company is actively monitoring changes in industry policies to adjust its operational strategies and mitigate risks associated with policy adjustments[99]. - The company has implemented a three-year stock option incentive plan to retain core technical personnel and enhance team cohesion[102]. Financial Risks and Challenges - The company faces risks related to raw material price fluctuations and competition in the new energy vehicle market[7]. - The company is facing financial risks due to large inventory scales and accounts receivable, which could pressure its liquidity if not managed properly[100]. - The net cash flow from operating activities was -¥57,499,901.35, a significant decline of 360.23% compared to the previous year, mainly due to increased cash payments for goods[72]. - The cash and cash equivalents decreased by 43.26% to -¥19,826,975.05, reflecting the overall cash flow challenges faced during the period[73]. Corporate Governance and Structure - The company has not reported any discrepancies between financial reports prepared under international and Chinese accounting standards[29]. - The company has not engaged in any entrusted financial management, derivative investments, or entrusted loans during the reporting period[92][93][94]. - The company did not engage in any significant related party transactions during the reporting period[130]. - The company has not reported any significant controlling or participating company information during the reporting period[96].