众业达(002441) - 2024 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2024 was ¥5,209,095,822.45, a decrease of 9.70% compared to ¥5,768,932,877.15 in the same period last year[10]. - Net profit attributable to shareholders was ¥130,621,868.10, down 39.47% from ¥215,806,058.13 year-on-year[10]. - Basic and diluted earnings per share decreased to ¥0.24, down 40.00% from ¥0.40 in the same period last year[10]. - The total profit amounted to ¥173,251,031.22, reflecting a year-on-year decline of 37.91%[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥129,657,295.63, a decrease of 39.23% year-on-year[20]. - The total comprehensive income for the first half of 2024 was CNY 134.97 million, a decrease of 38.4% from CNY 219.31 million in the first half of 2023[96]. - The company's operating costs for the first half of 2024 were CNY 3.60 billion, down 11.7% from CNY 4.08 billion in the first half of 2023[96]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥217,608,689.75, compared to a negative cash flow of ¥205,782,313.38 in the previous year, marking a 205.75% increase[10]. - The cash and cash equivalents decreased by 17.04% to -¥179,057,461.44, primarily due to reduced cash flows from investment and financing activities[24]. - The cash flow from operating activities for the first half of 2024 was CNY 217.61 million, a significant improvement compared to a negative cash flow of CNY -205.78 million in the same period of 2023[98]. - The total cash flow for the period was -¥199,753,915.29, compared to -¥223,812,000.36 in the same period last year, showing a slight improvement[100]. Assets and Liabilities - Total assets increased by 3.84% to ¥6,766,009,765.89 from ¥6,516,083,796.97 at the end of the previous year[10]. - The total current assets rose from ¥5,415,617,935.02 to ¥5,680,300,954.50, an increase of approximately 4.9%[86]. - The total liabilities increased from ¥4,603,904,904.96 to ¥4,572,633,316.27, a decrease of about 0.7%[88]. - The company's total equity remained stable, with no significant changes reported in the shareholder structure during the reporting period[82]. Operational Strategy - The company continues to upgrade and optimize its e-commerce platform, with improvements in various operational metrics compared to the previous year[20]. - The company aims to expand its sales network into lower-tier cities and new product lines to drive sustainable business growth[21]. - The industrial electrical products distribution business is the main revenue and profit contributor for the company[18]. - The company is enhancing its logistics network with 7 major logistics centers and 50 distribution warehouses to improve supply chain efficiency and service quality[22]. Research and Development - Research and development investment was ¥17,147,058.72, a slight decrease of 3.59% from ¥17,785,345.97, indicating ongoing commitment to R&D despite a challenging market[24]. - The company reported an investment income of CNY 6.09 million for the first half of 2024, an increase from CNY 5.43 million in the same period of 2023[96]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares for this period[1]. - The annual shareholders' meeting had a participation rate of 50.78%, with all 15 proposals passed[51]. - The company emphasizes the protection of shareholder and creditor rights, ensuring compliance with relevant laws and regulations[53]. Risk Management - The company faces various risks as outlined in the management discussion and analysis section, which investors should be aware of[1]. - The company has implemented measures to mitigate risks associated with accounts receivable, including strengthening credit reviews and recovery efforts[48]. Market Position and Competition - The company has established stable partnerships with major suppliers, enhancing its competitive position in the market[19]. - The market for electrical automation products is expected to grow steadily due to increasing demand from various sectors, including new energy and manufacturing upgrades[16]. Financial Reporting and Compliance - The company adheres to the accounting standards and its financial statements reflect a true and complete view of its financial position and operating results[118]. - The company has assessed its ability to continue as a going concern for the next 12 months and found no issues affecting this capability[116].