智动力(300686) - 2022 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2022 was ¥919,643,247.67, a decrease of 18.10% compared to ¥1,122,890,956.21 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2022 was ¥22,305,178.73, down 61.60% from ¥58,083,513.52 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was ¥14,301,410.59, a decline of 74.92% compared to ¥57,030,850.38 in the same period last year[21]. - The basic earnings per share for the first half of 2022 were ¥0.0847, a decrease of 61.25% from ¥0.2186 in the same period last year[21]. - The diluted earnings per share were also ¥0.0847, reflecting the same percentage decrease of 61.25% compared to the previous year[21]. - The weighted average return on equity was 1.30%, down from 3.01% in the same period last year, a decrease of 1.71%[21]. - The company's revenue for the reporting period was approximately ¥919.64 million, a decrease of 18.10% compared to ¥1.12 billion in the same period last year, primarily due to economic downturn affecting both business volume and product pricing[45]. - The company's operating costs decreased by 13.62% to ¥793.43 million from ¥918.53 million, attributed to the decline in business volume[45]. - The company reported a significant loss of approximately ¥12.69 million in operating profit for the period[79]. - The total comprehensive income for the first half of 2022 was CNY 24,913,860.88, contributing positively to the equity despite other reductions[185]. Cash Flow and Assets - The net cash flow from operating activities increased by 33.00% to ¥104,728,750.13, compared to ¥78,743,126.10 in the previous year[21]. - As of June 30, 2022, cash and cash equivalents amounted to ¥410,645,467.53, representing 14.99% of total assets, an increase of 2.58% compared to the previous year[52]. - The total assets at the end of the reporting period were ¥2,739,662,805.83, a decrease of 3.32% from ¥2,833,713,608.00 at the end of the previous year[21]. - The company's current assets totaled CNY 1,474,566,280.39, down from CNY 1,649,756,305.04[160]. - The total liabilities of the company were CNY 1,036,591,153.20, down from CNY 1,105,500,703.42[162]. - The company's total equity at the end of the first half of 2022 was CNY 1,737,783,678.43, down from CNY 2,023,809,716.53 at the end of the previous year[183]. Investment and R&D - Research and development expenses were ¥43.26 million, down 24.31% from ¥57.16 million, due to a reduction in R&D projects and slower progress on certain projects[45]. - The company has a strong focus on technological innovation and has built a robust R&D team to ensure the continuous delivery of high-quality products[38]. - The company plans to enhance its R&D capabilities to keep pace with rapid technological advancements in the industry[84]. - The company is committed to expanding its market presence and optimizing its business structure to ensure sustainable profitability[86]. Market Conditions - The global smartphone market saw a decline in shipments, with a 11% year-on-year decrease in Q1 2022 and a 9% decrease in Q2 2022[34]. - The domestic smartphone market's total shipments in the first half of 2022 were 136 million units, a year-on-year decline of 21.7%[34]. - The company faces market risks due to cyclical fluctuations in demand from downstream industries, which could lead to reduced orders[83]. Shareholder and Corporate Governance - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company emphasizes the protection of shareholder rights and ensures equal rights for all shareholders[99]. - The company has undergone a board restructuring with new appointments effective from July 11, 2022[102]. - The new general manager, Wu Jiwei, was appointed following the board restructuring[102]. - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[105]. Compliance and Legal Matters - The semi-annual financial report was not audited[107]. - The company has not faced any administrative penalties due to environmental issues during the reporting period[98]. - The company strictly adheres to environmental laws and has not been penalized for violations during the reporting period[98]. - There were no significant litigation matters reported[110]. - The company successfully defended against a lawsuit involving a claim of 52.39 million RMB, with the court ruling in favor of the company[110]. Share Capital and Repurchase - The company has repurchased a total of 4,300,020 shares, accounting for 1.62% of the total share capital, with a total expenditure of RMB 53,117,542.20, at a maximum price of RMB 15.00 per share and a minimum price of RMB 10.13 per share[138]. - The share repurchase plan was approved with a budget between RMB 50 million and RMB 70 million, with a maximum repurchase price of RMB 20.00 per share, and the repurchase period is set for 12 months from the approval date[137]. - The total number of shares at the end of the reporting period is 265,624,240[138]. - Major shareholders include Wu Jiwei holding 18.03% (47,879,986 shares) and Chen Yichun holding 15.44% (41,006,355 shares), both of whom have pledged a portion of their shares[143].