Financial Performance - The company's operating revenue for the reporting period was ¥502,354,451.98, representing a 27.52% increase compared to ¥393,933,934.87 in the same period last year[26]. - The net profit attributable to shareholders was ¥45,402,303.84, up 23.38% from ¥36,797,501.63 year-on-year[26]. - The net profit after deducting non-recurring gains and losses was ¥41,508,904.01, reflecting a 14.90% increase from ¥36,126,507.78 in the previous year[26]. - The company achieved a revenue of 50,235 million CNY and a net profit of 4,540 million CNY in the first half of 2021, representing a year-on-year growth of 27.52% and 23.38% respectively[42]. - The total profit for the first half of 2021 was ¥50,817,393.55, compared to ¥42,909,089.28 in the first half of 2020, marking an 18.3% increase[155]. - The company's net profit margin for the first half of 2021 was approximately 10.5%[176]. Cash Flow and Assets - The net cash flow from operating activities was -¥188,716,217.36, a significant decline of 1,736.02% compared to -¥10,278,543.80 in the same period last year[26]. - Total assets at the end of the reporting period were ¥1,418,348,605.13, down 6.50% from ¥1,516,984,769.25 at the end of the previous year[26]. - Cash and cash equivalents decreased by 13.91% to CNY 177,453,208.63, down from 26.42% of total assets last year[64]. - Total current assets decreased from CNY 1,189,038,579.63 as of December 31, 2020, to CNY 1,119,352,219.29 as of June 30, 2021, a decline of approximately 5.85%[146]. - The company's total assets decreased from CNY 1,516,984,769.25 to CNY 1,418,348,605.13, reflecting a decline of approximately 6.5%[148]. Investments and R&D - Research and development investment rose by 28.52% to approximately ¥21.32 million, indicating a commitment to innovation[60]. - The company is focused on continuous innovation and integration of new technologies and business models to enhance its competitive edge in the urban water management sector[42]. - The company has established research platforms such as the "Guangdong Provincial Water Big Data and Water Ecological Engineering Technology Research Center" and has numerous related patents and software copyrights[94]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and strategies outlined in the report[5]. - The report includes a section on risk factors and the company's response measures[5]. - The company is facing potential risks from fluctuations in government water investment policies, which could impact future performance[81]. - The company has identified risks related to talent retention, with measures in place to improve employee satisfaction and retention strategies[79]. Corporate Governance - The financial report is guaranteed to be true, accurate, and complete by the company's management, including the responsible person and accounting head[4]. - All directors attended the board meeting to review the report, ensuring collective responsibility for its content[5]. - The company maintains a commitment to transparency in its financial disclosures, as stated in the report[24]. Market Strategy - The company plans to focus on expanding its market presence in Guangdong Province, leveraging its resources and service advantages[38]. - The company aims to enhance its business growth by aligning its strategy with the increasing investment in water management projects in Shenzhen[39]. - The company aims to expand its market presence beyond Shenzhen to the Greater Bay Area and nationwide through the establishment of branch offices[41]. Legal and Compliance - The company has no significant legal disputes or administrative penalties during the reporting period[108][109]. - The company is committed to enhancing its qualifications and compliance with relevant regulations to mitigate risks associated with business qualification renewals[82]. Shareholder Information - The company reported a plan not to distribute cash dividends, issue bonus shares, or increase capital from reserves[6]. - The company’s total share capital increased from 99 million shares to 132 million shares following the initial public offering on August 4, 2021[131]. - The company has no major changes in its controlling shareholder or actual controller during the reporting period[135].
深水规院(301038) - 2021 Q2 - 季度财报