Hualan (SZ:301027)2021-08-26 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥491,115,508.27, representing a 23.89% increase compared to ¥396,411,076.29 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was ¥52,967,563.79, up 26.43% from ¥41,893,221.59 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥49,851,418.61, reflecting a 33.69% increase from ¥37,287,981.28 in the same period last year[19]. - The basic earnings per share increased to ¥0.48, a rise of 26.32% compared to ¥0.38 in the previous year[19]. - The company achieved operating revenue of 491.12 million yuan, a year-on-year increase of 23.89%[37]. - Net profit attributable to shareholders reached 52.97 million yuan, up 26.43% year-on-year[37]. - The design business generated revenue of 426.75 million yuan, reflecting a growth of 21.47% compared to the previous year[38]. - The engineering consulting business saw a significant increase in revenue, achieving 26.70 million yuan, a growth of 137.64% year-on-year[38]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,084,124,214.60, down 14.46% from ¥1,267,422,979.81 at the end of the previous year[19]. - The total liabilities decreased by 1.70% to CNY 1.09 billion, with short-term borrowings at CNY 110.07 million[59]. - The company's total assets at the end of the reporting period amounted to CNY 1,084,124,214.60, a decrease from CNY 1,267,422,979.81 at the end of 2020[141][144]. - The company's current assets decreased to CNY 898,829,756.47 from CNY 1,099,642,156.94, reflecting a decline of approximately 18.3%[142]. - The total liabilities of the company decreased to CNY 598,811,968.09 from CNY 834,159,546.87, a reduction of about 28.2%[143]. Cash Flow - The net cash flow from operating activities was negative at -¥201,175,698.60, worsening by 88.56% compared to -¥106,691,575.76 in the previous year[19]. - The net cash flow from operating activities decreased by 88.56% to -CNY 201.18 million, attributed to increased salary payments and performance growth[54]. - The company incurred a total operating cash outflow of CNY 640,823,866.47, compared to CNY 541,811,260.44 in the previous year, reflecting an increase of approximately 18.3%[159]. Research and Development - Research and development expenses increased by 14.05% to CNY 19.92 million, primarily due to increased personnel costs[54]. - The company has established 11 technology centers focusing on various research areas, including BIM technology and sponge city technology, to enhance innovation and development[42]. - The company emphasizes the importance of maintaining a stable core R&D team to sustain its technological leadership in the industry[78]. - The company plans to enhance its research in key technologies such as smart cities and green buildings to improve its core competitiveness[78]. Market Strategy and Expansion - The company operates in engineering design, land spatial planning, and project management, aiming to be a leading comprehensive service provider in urban construction[27]. - The company is expanding its overseas market through the establishment of an overseas business department, focusing on project management and risk management[29]. - The government has introduced several major strategies, such as the "Belt and Road Initiative," which will create new market opportunities for engineering services[31]. - The company is focusing on new business areas such as rural revitalization, medical architecture, and urban renewal, with new contracts totaling 105.23 million yuan[39]. Corporate Governance and Compliance - The company has not faced any administrative penalties for environmental issues during the reporting period[93]. - The company has not engaged in any entrusted financial management or derivative investments during the reporting period[70]. - The company has no integrity issues reported for itself or its controlling shareholders[105]. - The company has not reported any significant changes in the number of shares outstanding during the period[171]. Shareholder Information - The total number of shareholders at the end of the reporting period was 144, with no special voting rights shareholders[129]. - The largest shareholder holds 14.89% of the shares, while the top ten shareholders collectively hold significant portions of the company[129]. - The company has no plans for share repurchase or other significant share changes during the reporting period[127]. Legal Matters - The amount involved in the lawsuit with Wu Xiaoguang is 76.04 million yuan, and it is currently under trial[103]. - The lawsuit involving the Hezhou Municipal Development and Reform Commission has an amount of 3.83 million yuan and is still under trial[103]. - The lawsuit with the Wuzhou Academy has an amount of 6.01 million yuan, and the second trial is ongoing[103]. Awards and Recognition - The company has received over 183 key awards in planning, design, and consulting, including 61 national awards[41]. - The company has been recognized as one of the top 60 engineering design firms in China for seven consecutive years from 2014 to 2020, enhancing its brand reputation[44].