Join-Cheer(002279)2022-08-26 16:00Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,197,366,363.82, representing a 34.56% increase compared to ¥889,814,111.90 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was -¥29,639,339.64, an improvement from -¥83,890,681.91 in the previous year[22]. - The cash flow from operating activities showed a net outflow of -¥189,762,049.11, which is less negative than -¥239,833,629.37 in the same period last year[22]. - The total assets at the end of the reporting period were ¥2,393,545,671.85, down 8.97% from ¥2,627,825,741.48 at the end of the previous year[22]. - The net assets attributable to shareholders decreased by 2.59% to ¥892,468,288.44 from ¥915,588,484.65 at the end of the previous year[22]. - The basic and diluted earnings per share were both -¥0.0417, an improvement from -¥0.1179 in the same period last year[22]. - The weighted average return on net assets improved to -3.28% from -8.26% in the previous year[22]. - The company reported a net loss of ¥5,411,571.42 from its subsidiary, Beijing Huaxia Diantong Technology Co., Ltd., with a revenue of ¥72,518.12 million, a decrease of 13.14% year-on-year[79]. - The company reported a net loss of ¥511.19 million from the research institute, attributed to increased period expenses and investment losses from joint ventures[85]. - The company reported a net loss of CNY 39,770,550.77 for the first half of 2022, compared to a loss of CNY 94,698,006.78 in the same period of 2021, showing an improvement of approximately 58%[171]. Revenue Breakdown - The company achieved operating revenue of 1,197.37 million yuan, representing a year-on-year growth of 34.56%[31]. - The digital marketing business generated revenue of 862.76 million yuan, reflecting a year-on-year growth of 43.22%[46]. - The management software business achieved revenue of 329.38 million yuan, an increase of 17.03% year-on-year[38]. - The company's electronic government revenue was ¥214,715,163.03, accounting for 17.93% of total revenue, with a growth of 23.75% year-on-year[56]. - The internet business segment generated ¥863,122,450.57, which is 72.09% of total revenue, reflecting a significant increase of 43.23% compared to the previous year[56]. - The revenue from the government affairs segment reached ¥31,528.72 million, a significant increase of 590.62% year-on-year, with a net profit of ¥349.24 million compared to a loss of ¥1,576.25 million in the previous year[83]. Costs and Expenses - The cost of sales increased by 39.45% to ¥919,514,550.26, primarily due to rising costs in the digital communication business[54]. - The total operating costs for the first half of 2022 were CNY 1,251,575,666.06, an increase of 26% compared to CNY 994,421,379.01 in the first half of 2021[170]. - The company's management expenses decreased to CNY 149,465,950.89 in the first half of 2022 from CNY 142,458,392.01 in the first half of 2021[170]. - The company experienced a decrease in sales expenses, which were CNY 33,789,525.60 in the first half of 2022, down from CNY 41,643,972.48 in the first half of 2021[170]. Assets and Liabilities - Cash and cash equivalents decreased to ¥279,622,837.06, accounting for 11.68% of total assets, down from 26.30% the previous year[63]. - Accounts receivable increased to ¥446,895,251.00, representing 18.67% of total assets, up from 16.63% the previous year[63]. - The company’s total liabilities included accounts payable of 151.26 million yuan and contract liabilities of 397.04 million yuan[162]. - The total amount of trading financial assets increased to ¥523,893,336.42, representing 21.89% of total assets, up from 12.66% the previous year[63]. - The total liabilities decreased to CNY 1,450,276,869.39 from CNY 1,651,087,775.56, indicating a reduction of approximately 12.2%[166]. - The total assets as of June 30, 2022, were CNY 2,393,545,671.85, down from CNY 2,629,383,272.55 at the beginning of the year, a decline of about 9.0%[166]. Strategic Initiatives - The company is facing risks including macroeconomic and policy risks, industry competition risks, and accounts receivable recovery risks, with measures outlined in the report[5]. - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company plans to enhance its overseas marketing and accounts receivable management due to the impact of the global pandemic and international situation[66]. - The company plans to enhance its market expansion efforts and strengthen project delivery management to mitigate risks associated with economic fluctuations and policy changes[87]. - The company is focused on integrating financial data management with budget management for government clients, enhancing the efficiency of financial operations[36]. - The company is actively enhancing its digital marketing capabilities by expanding partnerships with platforms like Meta and Google, while also developing new media resources[47]. Research and Development - The company’s R&D investment was ¥135,457,921.54, showing a slight decrease of 0.31% from ¥135,883,537.53 in the previous year[54]. - The company aims to strengthen its technological research and innovation capabilities to maintain competitive advantages in the rapidly evolving software industry[88]. - The company has accumulated a total of 1,098 software copyrights and 44 patents, enhancing its competitive edge[50]. - The company has developed a digital management platform for rural revitalization, which is currently in the pilot phase in Ganzi Tibetan Autonomous Prefecture, Sichuan Province, and aims to integrate with existing products[103]. Shareholder Information - The total number of shares increased to 710,585,464, with a change of 37,432 shares during the reporting period[133]. - The number of restricted shares decreased from 69,259,155 (9.75%) to 67,677,398 (9.52%), a reduction of 1,581,757 shares[133]. - The number of unrestricted shares increased from 641,288,877 (90.25%) to 642,908,066 (90.48%), an increase of 1,619,189 shares[133]. - The company reported a total of 7,800,000 convertible bonds issued, with a total issuance amount of RMB 780 million[151]. - The top ten shareholders did not engage in any agreed repurchase transactions during the reporting period[138]. Legal and Compliance - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[106]. - There were no significant external guarantees or major contracts during the reporting period[107][124]. - The company has not engaged in any major related party transactions or asset acquisitions during the reporting period[114][115]. - The semi-annual financial report has not been audited[108].