NJUAE(SZ:300864)2021-08-05 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥256,620,079.33, representing a 20.35% increase compared to ¥213,234,624.48 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was ¥64,223,375.27, a 2.79% increase from ¥62,480,950.17 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was ¥58,231,251.15, up 2.86% from ¥56,611,649.79 in the same period last year[23]. - Basic earnings per share decreased by 59.77% to ¥0.70 from ¥1.74 in the same period last year[23]. - The weighted average return on net assets was 5.87%, down 23.38% from 29.25% in the previous year[23]. - The company reported a financial income of -¥4,190,764.83, a drastic increase in interest income compared to -¥33,870.60 in the previous year[41]. - The total profit for the first half of 2021 was ¥75,316,396.22, compared to ¥74,044,854.11 in the same period of 2020, reflecting a growth of 1.7%[146]. - The company achieved an operating profit of ¥75,632,530.58, slightly up from ¥74,078,262.08 in the previous year, indicating a growth of 2.1%[146]. Cash Flow and Assets - The net cash flow from operating activities was -¥41,358,211.96, a decrease of 271.91% compared to -¥11,120,540.05 in the previous year[23]. - The company's cash and cash equivalents decreased by 12.23% to ¥478,778,261.42, mainly due to a reduction in deposits[47]. - The total amount of financial assets at fair value was ¥407,726,640.99, with a fair value change gain of ¥3,233,845.55 during the period[49]. - The total amount of idle raised funds for purchasing financial products or deposit-type products is 544.00 million RMB as of June 30, 2021[60]. - The ending balance of cash and cash equivalents was 473,583,762.38 CNY, down from 659,008,274.05 CNY at the beginning of the period[156]. - The net cash flow from investment activities was -96,066,299.71 CNY, an improvement from -150,604,529.42 CNY year-over-year[155]. Investments and R&D - Research and development investment rose by 22.37% to ¥17,852,693.54, up from ¥14,588,595.68 in the previous year[41]. - The company reported an investment income of ¥10,132,715.03, significantly higher than ¥1,427,778.96 in the previous year, marking a growth of 608.5%[146]. - The company authorized 28 intellectual property rights during the reporting period, including 7 invention patents and 16 utility model patents[38]. - The investment progress for the environmental service capacity enhancement project is 12.61% of the adjusted total investment of 333.95 million RMB, with cumulative investment of 42.11 million RMB[61]. Market and Business Strategy - The company is focused on expanding its business in environmental pollution third-party governance, with a growing volume of business year-on-year[34]. - The company aims to provide one-stop environmental management services, enhancing its competitive advantage in the market[39]. - The company is actively expanding its market presence outside Jiangsu province to mitigate regional concentration risks[72]. - The company plans to expand its market presence and enhance its product offerings through new strategies[119]. Risks and Governance - The management has outlined potential risks and countermeasures in the report, emphasizing the importance of investor awareness regarding investment risks[6]. - The company faces risks from macroeconomic changes and intensified market competition, which could impact operational performance[70][71]. - The company plans to enhance governance and internal controls, improving project management and subcontractor oversight to mitigate risks[74]. - The ongoing COVID-19 pandemic poses risks to the company's external business operations and internal management, potentially increasing operational costs[76]. Shareholder and Equity Information - The company has not distributed cash dividends or issued new shares from capital reserves in the first half of 2021[81]. - The total number of shares increased from 48,000,000 to 91,200,000 after the capital reserve conversion and cash dividend distribution[115]. - The largest shareholder, Nanjing University Asset Management Co., Ltd., holds 30.00% of the shares, totaling 27,360,000 shares[121]. - The shareholding structure indicates a significant concentration of ownership among a few major shareholders[121]. Compliance and Reporting - The semi-annual financial report was not audited[92]. - The financial statements were approved by the board on August 4, 2021, indicating a commitment to transparency and compliance with accounting standards[180]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that its financial reports accurately reflect its financial position and performance[184]. - The company has not reported any significant changes in accounting policies or prior period errors during this reporting period[172].