Cash Flow and Cash Position - Operating cash flow improved significantly to RMB 231,163 thousand in 2023 from a negative RMB 159,736 thousand in 2022, indicating better cash generation from core operations[129] - Net cash used in investing activities decreased to RMB 147,966 thousand in 2023 from RMB 974,447 thousand in 2022, reflecting reduced capital expenditures[129] - Net cash from financing activities turned positive at RMB 343,595 thousand in 2023 compared to a negative RMB 74,913 thousand in 2022, driven by new bank loans of RMB 2,302,508 thousand[131] - Total cash and cash equivalents increased to RMB 1,653,508 thousand as of June 2023 from RMB 1,225,695 thousand at the beginning of the period[131] Depreciation and Amortization - Depreciation and amortization expenses increased to RMB 191,803 thousand in 2023 (RMB 154,095 thousand for property, plant & equipment and RMB 32,817 thousand for right-of-use assets)[127] Interest Income and Government Grants - Interest income decreased to RMB 2,533 thousand in 2023 from RMB 13,344 thousand in 2022, reflecting lower cash balances[129] - Government grants received decreased to RMB 9,586 thousand in 2023 from RMB 22,445 thousand in 2022[127] Trade Receivables and Capital Expenditures - Trade receivables increased by RMB 41,705 thousand, indicating potential cash collection challenges[127] - Property, plant and equipment purchases remained substantial at RMB 465,963 thousand, though lower than the RMB 403,291 thousand in 2022[129] Financial Performance - The company reported a pre-tax loss of RMB 96,556 thousand in 2023, significantly improved from RMB 547,907 thousand in 2022[127]
海昌海洋公园(02255) - 2023 - 中期财报