南网科技(688248) - 2024 Q2 - 季度财报

Financial Performance - As of June 30, 2024, the company's net profit attributable to shareholders was 184.48 million RMB, with a total share capital of 564.7 million shares[5]. - The company's operating revenue for the first half of 2024 was ¥1,555,453,769.36, representing a 23.74% increase compared to ¥1,256,983,635.90 in the same period last year[18]. - The net profit attributable to shareholders of the listed company reached ¥184,477,932.19, a 59.33% increase from ¥115,784,909.30 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥181,184,571.87, up 73.91% from ¥104,182,689.43 year-on-year[18]. - The company's total revenue for the first half of 2024 reached ¥1,555,453,769.36, representing a year-on-year increase of 23.74%[62]. - The company reported a net profit of ¥536,408,844.63, an increase from ¥450,753,412.44, representing a growth of 19.0%[118]. - The company reported a total comprehensive income of 184,477,932.19 RMB for the first half of 2024[134]. Dividend Distribution - The company plans to distribute a cash dividend of 1.35 RMB per 10 shares, resulting in a total cash dividend payout of 76.23 million RMB, which represents a cash dividend ratio of 41.32%[5]. - The company has a plan to maintain the distribution ratio per share unchanged while adjusting the total profit to be distributed if there are changes in the total share capital[72]. Research and Development - Research and development expenses accounted for 6.16% of operating revenue, up 0.44 percentage points year-on-year, reflecting the company's commitment to innovation[19]. - The company achieved a total R&D investment of ¥95,875,848.51, representing a 33.37% increase compared to ¥71,887,971.99 in the same period last year[40]. - The company filed for 89 invention patents during the reporting period, with 59 newly granted, bringing the total to 357[39]. - The company has established 19 various laboratories, including key laboratories and engineering technology centers[53]. - The company is actively pursuing national key projects in energy storage, artificial intelligence, and smart grid technologies[52]. Operational Efficiency - The net cash flow from operating activities was -¥344,888,060.35, compared to -¥308,918,413.59 in the same period last year, indicating a decline[18]. - The company reported a financial expense of -¥10,900,209.00 for the first half of 2024, an improvement from -¥15,994,792.12 in the same period of 2023[123]. - The company achieved significant advancements in deep energy-saving technologies for coal-fired boiler systems, resulting in reduced raw coal consumption and improved operational intelligence[34]. Market Presence and Sales - The company's sales to Southern Power Grid accounted for 55.90% of total revenue, indicating a high dependency on this client[57]. - The revenue from testing and debugging services surged by 97.44%, contributing 23.64% to total revenue, primarily due to the consolidation of newly acquired subsidiaries[60]. - Revenue from smart distribution equipment increased by 89.76%, making up 22.54% of total revenue, driven by rapid growth in core module equipment sales[60]. Risk Management - The company has outlined various operational risks and corresponding mitigation strategies in the report, emphasizing the importance of risk management[3]. - The report includes a forward-looking statement risk disclaimer, cautioning investors about potential risks associated with future plans and strategies[6]. Corporate Governance - The board of directors has confirmed that all members attended the board meeting, ensuring governance compliance[4]. - The report is unaudited, and the management has declared the financial report's authenticity and completeness[4]. - The company has not encountered any non-operational fund occupation by controlling shareholders or related parties[7]. Environmental Commitment - The company has established a clean energy and smart grid development strategy, aligning with national goals for carbon peak and carbon neutrality[75]. - The company has implemented measures to reduce carbon emissions, including the development of new products that assist in carbon reduction[77]. Shareholder Engagement - The company held two shareholder meetings in the reporting period, with all proposals approved and no rejected proposals[70]. - The company has committed to stabilizing its stock price for three years post-listing, effective from May 31, 2021[82]. Financial Position - Total assets decreased by 10.56% to ¥4,130,507,381.64 from ¥4,618,181,027.76 at the end of the previous year[18]. - The company's accounts receivable amounted to 639.33 million yuan, representing 15.48% of total assets, with a year-on-year increase of 53%[57]. - Cash and cash equivalents decreased by 58.44% to ¥926,261,409.35, accounting for 22.42% of total assets[63].