杰美特(300868) - 2024 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2024 reached ¥430,712,983.79, representing a 76.65% increase compared to ¥243,826,746.46 in the same period last year[11]. - The net profit attributable to shareholders was ¥18,632,654.37, a significant turnaround from a loss of ¥27,340,645.64 in the previous year, marking an increase of 168.15%[11]. - The net cash flow from operating activities improved to ¥17,698,360.93, compared to a negative cash flow of ¥53,564,855.27 in the same period last year, reflecting a 133.04% increase[11]. - Basic earnings per share rose to ¥0.1486, a 169.57% increase from a loss of ¥0.2136 per share in the previous year[11]. - The gross profit for the reporting period was CNY 97.90 million, representing a 121.66% increase from CNY 44.17 million in the previous year[19]. - The company reported a decrease in net profit after deducting non-recurring gains and losses to -¥1,817,568.35, an improvement of 96.31% from -¥49,205,345.18 in the previous year[11]. - The weighted average return on net assets was 1.21%, an increase of 2.91% compared to -1.70% in the previous year[11]. - The company achieved operating revenue of CNY 430.71 million in the reporting period, a 76.65% increase from CNY 243.83 million in the same period last year[18]. - The company reported a total of CNY 1,332,661,758.48 RMB for the first half of 2024, with a net profit of 128,000,000.00 RMB[124]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,108,206,583.36, a slight increase of 0.31% from ¥2,101,672,503.85 at the end of the previous year[11]. - The total liabilities increased to ¥567,532,520.60 from ¥563,368,863.97, a growth of 0.39%[100]. - Total equity rose to ¥1,540,674,062.76 from ¥1,538,303,639.88, indicating an increase of 0.15%[100]. - The total assets reached ¥2,108,206,583.36, up from ¥2,101,672,503.85, reflecting a growth of 0.31%[99]. - The total equity of the company reached CNY 1,584,245,844.56, a marginal increase from CNY 1,583,555,238.28 in the previous year[104]. Cash Flow - The net cash flow from operating activities for the first half of 2024 was ¥48,404,230.70, a significant improvement compared to a net outflow of ¥65,578,492.72 in the same period of 2023, representing a turnaround of approximately 174%[110]. - Total cash inflow from operating activities reached ¥496,760,645.59, up from ¥225,640,252.91 in the previous year, indicating an increase of about 120%[110]. - Cash and cash equivalents at the end of the period totaled ¥80,477,597.91, compared to ¥31,559,664.07 at the end of the previous year, marking an increase of about 154%[110]. - The company generated CNY 446,189,316.62 in cash from sales of goods and services during the first half of 2024, compared to CNY 244,515,779.04 in the same period of 2023[108]. Operational Highlights - The ODM/OEM business contributed CNY 372.46 million, accounting for 86.48% of total revenue, up from 80.87% in the previous year[18]. - The self-owned brand business generated CNY 58.25 million, making up 13.52% of total revenue, down from 19.13% in the previous year[18]. - The company has established a stable customer structure with major clients in North America, Europe, Asia, and Australia, enhancing its market position[22]. - The company focuses on high-end market positioning with its self-owned brands "决色" and "Raptic," which are gaining brand recognition domestically and internationally[18]. - The company emphasizes a full-process closed-loop service in the supply chain, integrating R&D, design, manufacturing, and sales[23]. Investment and R&D - Research and development investment increased by 5.29% to ¥21,563,744.80, reflecting the company's commitment to innovation[26]. - The company has completed 100% of the investment in the R&D center construction project, with a total investment of CNY 4,256.76 million[39]. - The company plans to expand its mobile intelligent terminal accessories production project, with a total commitment of CNY 27,678.3 million[39]. Shareholder Information - The company repurchased a total of 1,251,700 shares, accounting for 0.98% of the total share capital of 128,000,000 shares, with a total transaction amount of RMB 14,281,222.00[81]. - The shareholding structure indicates that the largest shareholders, Chen Jianping and Yang Meihua, hold 45,523,009 shares and 15,174,336 shares respectively, representing significant control over the company[85]. - The total number of common shareholders at the end of the reporting period is 26,421[88]. Risks and Challenges - The company faces potential operational risks as outlined in the management discussion and analysis section of the report[2]. - The company is facing risks from external market changes, including intensified competition in the ODM/OEM sector due to potential industry overcapacity[49]. - The company faces risks related to accounts receivable due to changes in the downstream market environment and will implement strict credit approval systems to manage these risks[50]. - The company exports primarily in USD, making it susceptible to fluctuations in the RMB exchange rate, and will enhance analysis and research on exchange rate volatility[50]. Compliance and Governance - The company has not faced any administrative penalties for environmental issues during the reporting period[55]. - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[56]. - The company has not reported any significant legal penalties or corrective actions during the reporting period[64]. - The company has not engaged in any derivative investments during the reporting period, reflecting a conservative investment strategy[46]. Accounting Policies - The financial statements are prepared based on the enterprise accounting standards, ensuring compliance and accuracy[129]. - The company has established important accounting policies, including criteria for recognizing significant receivables and construction projects[133]. - The company recognizes revenue when control of goods or services is transferred to customers, with specific recognition points based on delivery methods, such as receipt of goods or customs clearance for exports[176].