宜宾纸业(600793) - 2023 Q2 - 季度财报(更正)

Financial Performance - The company's operating revenue for the first half of 2023 was approximately ¥854.97 million, a decrease of 26.02% compared to ¥1,155.74 million in the same period last year[17]. - The net profit attributable to shareholders of the listed company was a loss of approximately ¥32.57 million, a decline of 347.36% from a profit of ¥13.17 million in the previous year[17]. - The net cash flow from operating activities was approximately ¥102.23 million, down 32.27% from ¥150.94 million in the same period last year[17]. - The total assets at the end of the reporting period were approximately ¥2.73 billion, a decrease of 4.58% compared to ¥2.86 billion at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company were approximately ¥625.45 million, down 4.95% from ¥658.02 million at the end of the previous year[17]. - The basic earnings per share for the first half of 2023 was -¥0.1841, a decrease of 347.45% compared to ¥0.0744 in the same period last year[18]. - The diluted earnings per share for the first half of 2023 was also -¥0.1841, reflecting the same decline as the basic earnings per share[18]. - The company reported a total of ¥7.07 million in non-recurring gains and losses for the period, primarily from government subsidies and other income[21]. - The company reported a significant reduction in non-current liabilities, totaling CNY 160,306,438.04, down from CNY 1,628,944,222.72[75]. - The total comprehensive income for the first half of 2023 was CNY -32,571,433.91, compared to CNY 13,167,879.60 in the same period of 2022, showing a substantial decrease[79]. Production and Sales - In the first half of 2023, the company achieved a production volume of 156,400 tons, a decrease of 5.91% year-on-year, while sales volume increased by 8.27% to 150,000 tons[29]. - The company's revenue for the first half of 2023 was CNY 854.97 million, a decline of 26.02% compared to CNY 1,155.74 million in the same period last year[33]. - Total operating costs amounted to CNY 889,497,629.42, with operating costs specifically at CNY 798,588,159.94, reflecting a decrease from CNY 1,146,620,287.91 in the previous year[77]. Cash Flow and Financial Management - The net cash flow from operating activities for the first half of 2023 was ¥102,227,640.21, a decrease of 32.2% compared to ¥150,944,039.70 in the same period of 2022[85]. - Total cash inflow from operating activities reached ¥1,270,712,285.08, up 34% from ¥947,510,392.18 year-on-year[88]. - Cash outflow for purchasing goods and services was ¥1,102,292,500.39, an increase of 77% compared to ¥622,681,142.41 in the previous year[88]. - The financial expenses for the first half of 2023 were CNY 32,654,716.30, a decrease from CNY 36,590,432.69 in the first half of 2022, indicating improved cost management[81]. - The company reported a total cash inflow from other operating activities of ¥21,733,321.88, slightly up from ¥20,685,313.95 year-on-year[88]. Market and Product Development - The company has not disclosed any plans for new product development or market expansion in the current report[4]. - The company is actively expanding its product lines, having developed new high-end bamboo fiber products and customized products to meet client specifications[31]. - The company plans to focus on market expansion and new product development in the upcoming quarters[76]. Environmental and Social Responsibility - The company has been included in the national green factory list, highlighting its commitment to sustainable and environmentally friendly practices[28]. - The company invested a total of 220 million RMB in poverty alleviation and rural revitalization projects, benefiting 40,000 people[52]. - The company was recognized as a "Green Factory" by the Ministry of Industry and Information Technology in January 2022[51]. Shareholder Information - Total number of common stock shareholders as of the end of the reporting period is 13,061[66]. - The largest shareholder, Sichuan Yibin Wuliangye Group Co., Ltd., holds 79,368,520 shares, accounting for 44.87% of total shares[67]. Accounting and Financial Reporting - The financial statements were approved by the board of directors on August 29, 2023[104]. - The company adheres to the accounting standards and principles set forth by the relevant regulatory bodies[109]. - The company’s financial reporting is based on the accrual basis of accounting, reflecting actual transactions and events[106]. - The company recognizes expected credit losses for receivables and loans, with specific assessments for those under dispute or litigation[124]. Risks and Challenges - The company faces risks from increasing market concentration in the paper industry and significant fluctuations in raw material and product prices[38]. - There were no significant risks or non-operational fund occupation by controlling shareholders reported during the period[5].