安居宝(300155) - 2024 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2024 was ¥97,791,766.55, a decrease of 45.46% compared to ¥179,316,496.94 in the same period last year[11]. - The net profit attributable to shareholders was -¥18,765,660.79, representing a decline of 319.91% from ¥8,533,370.84 in the previous year[11]. - The net cash flow from operating activities was -¥11,275,707.47, down 243.57% from ¥7,853,804.60 in the same period last year[11]. - The basic earnings per share were -¥0.0334, a decrease of 319.74% compared to ¥0.0152 in the previous year[11]. - The company reported a net increase in cash and cash equivalents of ¥26,757,736.66, a significant improvement compared to a net decrease of -¥125,989,483.72 in the previous year[26]. - The company’s total comprehensive income for the first half of 2024 was -17,796,774.58 CNY, compared to 6,652,128.89 CNY in the first half of 2023, indicating a negative shift in overall financial performance[95]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,473,951,697.76, a decrease of 2.83% from ¥1,516,823,297.01 at the end of the previous year[11]. - The net assets attributable to shareholders were ¥1,290,971,038.79, down 1.41% from ¥1,309,469,238.94 at the end of the previous year[11]. - Cash and cash equivalents increased to ¥478,365,296.57, accounting for 32.45% of total assets, up from 29.77% last year, a change of 2.68%[29]. - Accounts receivable decreased to ¥205,734,850.67, representing 13.96% of total assets, down from 15.59% last year, a decrease of 1.63%[29]. - Total liabilities decreased from CNY 187,468,689.07 to CNY 164,803,391.07, a decline of about 12.09%[86]. Revenue Breakdown - The company's revenue for the same period was CNY 97.79 million, down 45.46% year-on-year, with specific segments showing significant declines: intercom and smart home sales at CNY 48.62 million (down 59.36%), smart parking systems at CNY 12.45 million (down 38.54%) and advertising from parking barriers at CNY 7.04 million (down 20.55%)[22]. - In the first half of 2024, the company signed various sales contracts amounting to approximately CNY 106.85 million, a year-on-year decrease of 36.56%[22]. Research and Development - The company's R&D investment decreased by 23.44% to ¥18,015,210.82 from ¥23,529,420.94, reflecting a streamlined R&D structure in response to declining operating revenue[25]. - The company holds a total of 165 patents, including 43 invention patents, 91 utility model patents, and 31 design patents, along with 85 software copyrights, showcasing its R&D capabilities[24]. Market and Business Strategy - The company is focused on developing smart home systems and security products, which are critical to its market expansion strategy[1]. - The company plans to adopt flexible sales strategies to boost its parking business and promote the "Meiyouyou" e-commerce project to accelerate user growth[23]. - The company aims to deepen cooperation with the top 50 real estate developers, enhancing its strategic partnerships in the industry[24]. Shareholder and Governance - The company held its first extraordinary shareholders' meeting in 2024 with a participation rate of 54.78%[46]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[47]. - The company has not implemented any employee stock ownership plans or other incentive measures during the reporting period[48]. Environmental and Compliance - The company has not faced any environmental penalties during the reporting period and adheres to strict environmental management practices[49]. - The company emphasizes the protection of stakeholder rights, including shareholders, employees, and suppliers, while ensuring compliance with legal regulations[50]. Financial Reporting and Accounting - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring a true and complete reflection of the company's financial status as of June 30, 2024[118]. - The company recognizes revenue when control of goods or services is transferred to the customer, which includes various systems such as intercom, smart home, parking, and monitoring systems[165]. Accounts Receivable and Bad Debts - The total accounts receivable at the end of the period amounted to CNY 268,686,104.29, with a bad debt provision of CNY 96,244,614.30, representing a provision ratio of 35.8%[192]. - The provision for bad debts for accounts aged over three years is 100%, with a total balance of CNY 75,682,760.57[192]. - The company has not written off any accounts receivable during the period, indicating a focus on collection efforts[193].