Financial Performance - Revenue for the six months ended June 30, 2022, was RMB 821,183,000, a decrease of 11.9% compared to RMB 931,704,000 in 2021[10] - Gross profit for the same period was RMB 195,335,000, down 19.6% from RMB 242,942,000 in 2021[10] - Net profit decreased by 19.9% to RMB 66,383,000 from RMB 82,831,000 in the previous year[10] - Profit attributable to owners of the parent was RMB 60,822,000, reflecting an 11.8% decline from RMB 68,978,000 in 2021[10] - Gross profit margin decreased to 23.8%, down 2.3 percentage points from 26.1% in 2021[10] - Net profit margin for the period was 8.1%, a decrease of 0.8 percentage points from 8.9% in 2021[10] - Basic and diluted earnings per share for the period was RMB 0.071, down 12.3% from RMB 0.081 in the previous year[10] - Profit for the period was RMB 66,383, a decrease of 20% from RMB 82,831 in the previous year[22] - Total comprehensive income for the period was RMB 66,383, compared to RMB 83,352 in 2021, reflecting a decline of 20.3%[22] Assets and Liabilities - Non-current assets totaled RMB 697,629 as of June 30, 2022, down from RMB 775,187 at the end of 2021[25] - Current assets amounted to RMB 1,293,729, a decrease from RMB 1,412,296 at the end of 2021[25] - Total current liabilities were RMB 993,531, down from RMB 1,106,323 at the end of 2021[25] - Total assets less current liabilities as of June 30, 2022, were RMB 997,827,000, a decrease from RMB 1,081,160,000 as of December 31, 2021, representing a decline of approximately 7.7%[26] - Non-current liabilities totaled RMB 29,280,000 as of June 30, 2022, down from RMB 98,055,000 as of December 31, 2021, indicating a significant reduction of about 70.2%[26] - Net assets as of June 30, 2022, were RMB 968,547,000, compared to RMB 983,105,000 as of December 31, 2021, reflecting a decrease of approximately 1.5%[26] - Equity attributable to owners of the parent was RMB 900,505,000 as of June 30, 2022, slightly up from RMB 899,255,000 as of December 31, 2021, showing a marginal increase of about 0.14%[26] - Reserves increased to RMB 893,423,000 as of June 30, 2022, from RMB 892,173,000 as of December 31, 2021, marking a growth of approximately 0.14%[26] - Non-controlling interests decreased to RMB 68,042,000 as of June 30, 2022, from RMB 83,850,000 as of December 31, 2021, representing a decline of about 18.9%[26] Cash Flow and Investments - The net cash flows used in operating activities for the six months ended June 30, 2022, amounted to RMB 38,183,000, compared to RMB 33,363,000 in 2021, representing an increase of approximately 14.0%[184] - Net cash flows used in investing activities amounted to RMB (22,714,000) for the period[186] - Proceeds from new bank loans were RMB 53,484,000, while repayment of bank loans was RMB (20,338,000)[186] - Cash and cash equivalents at the end of the period were RMB 411,301,000, a decrease from RMB 436,464,000 at the beginning of the period[186] - The net decrease in cash and cash equivalents was RMB (25,037,000) for the period[186] - The company incurred a loss of RMB (30,000,000) from the disposal/addition of financial assets at fair value through profit or loss[186] - Total cash and cash equivalents reported in the statement of financial position was RMB 411,301,000[186] Strategic Initiatives - The company is focusing on enhancing operational efficiency and exploring new market opportunities to drive future growth[10] - There are ongoing efforts in research and development of new products and technologies to meet market demands[10] - The company is considering strategic partnerships and potential acquisitions to expand its market presence[10] Dividends and Shareholder Returns - The company declared dividends of RMB 17,889,000 during the reporting period[30] - The company paid dividends amounting to RMB 6,390,000 during the period[186]
中奥到家(01538) - 2022 - 中期财报