Workflow
雅达股份(430556) - 2023 Q2 - 季度财报
YADAYADA(BJ:430556)2023-08-22 16:00

Financial Performance - The company's operating revenue for the first half of 2023 was CNY 149,554,465.73, representing a 2.89% increase compared to CNY 145,348,327.39 in the same period last year[21]. - The net profit attributable to shareholders decreased by 13.27% to CNY 16,313,856.50 from CNY 18,809,896.53 year-on-year[21]. - The gross profit margin improved to 35.04%, up from 32.28% in the previous year[21]. - The basic earnings per share decreased by 26.67% to CNY 0.11 from CNY 0.15 in the previous year[21]. - Operating profit fell by 17.16% to 17.15 million yuan compared to the previous year[51]. - Net profit decreased by 14.28% to 15.45 million yuan year-on-year[51]. - The company's gross margin for the reporting period was 35.04%, an increase of 2.76 percentage points compared to the previous year, indicating a reversal of the declining trend in gross margin[92]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -8,199,751.82, a decline of 570.87% compared to CNY 1,741,416.56 in the same period last year[23]. - Cash and cash equivalents increased by 45.71% to CNY 109,457,863.44, primarily due to funds raised from stock issuance[68]. - The net cash flow from financing activities increased by 685.33% to CNY 99,161,841.09, mainly due to funds raised from stock issuance[81]. - Total assets increased by 23.75% to CNY 617,159,559.18 from CNY 498,731,069.40 year-on-year[24]. - The company's accounts receivable at the end of the reporting period amounted to 162.64 million yuan, an increase of 12.48% from the beginning of the period, accounting for 26.35% of total assets[90]. - The company's inventory at the end of the reporting period was 136.77 million yuan, with a provision for inventory depreciation of 7.35 million yuan, representing a 1.05% increase from the previous period and accounting for 20.97% of total assets[92]. Liabilities and Equity - The company's total liabilities rose by 5.82% to CNY 122,348,838.39 from CNY 115,624,139.84[24]. - The net assets attributable to shareholders increased by 29.51% to CNY 494,049,309.29 from CNY 381,482,091.73[24]. - Shareholders' equity grew to ¥494,810,720.79 from ¥383,106,929.56, representing an increase of around 29%[139]. - The total equity at the end of the reporting period was RMB 373,367,279.09, with significant contributions from various equity instruments[169]. Research and Development - The company maintains a strong focus on R&D, with over a hundred patented technologies and software copyrights[48]. - Research and development expenses accounted for 8.27% of total revenue, totaling CNY 12,370,972.84, reflecting the company's commitment to innovation[70]. - The company is focusing on the development of high-reliability and high-stability measurement products, as well as industrial sensors and key components, to drive innovation in the instrumentation industry[62]. Market and Industry Outlook - The company specializes in the research, production, and sales of smart power monitoring products and system integration services, catering to various sectors including data centers and renewable energy charging stations[28]. - The power monitoring industry is rapidly growing, driven by increasing demand from sectors such as data centers, communication bases, and new energy charging piles, with a significant market expansion expected due to the push for energy management systems[55]. - The company anticipates growing demand for power monitoring technology and products due to rising electricity consumption and stricter energy efficiency requirements[64]. Corporate Governance and Shareholder Information - The company was listed on the Beijing Stock Exchange on March 17, 2023, marking a significant milestone in its development[4]. - The company plans to repurchase between 1.2 million and 2.2 million shares, which represents 0.74%-1.36% of the total share capital, with a total estimated repurchase fund range of 4.44 million to 8.14 million yuan[98]. - The company has submitted materials for the re-examination of its high-tech enterprise status, which, if not renewed, could lead to a significant decrease in after-tax profits due to the loss of tax incentives[92]. - The company’s major shareholder, Wang Huangying, holds 42,453,000 shares, representing 26.32% of the total share capital[177]. Risk Management - The company is facing risks related to high accounts receivable and potential difficulties in collection due to macroeconomic changes[90]. - Credit impairment losses increased by 325.83% year-on-year, primarily due to an increase in accounts receivable and project performance guarantee deposits[72]. - The company has identified risks related to the performance of its subsidiary, Zhongpengxin, which may not meet the promised net profit of 21 million yuan from 2020 to 2023[91].