Financial Performance - For the six months ended June 30, 2022, the company's revenue was approximately RMB 179,035,000, a decrease of about 31.5% compared to the same period in 2021[5]. - The net loss attributable to the owners of the company for the six months ended June 30, 2022, was approximately RMB 13,746,000, representing an increase in loss of about 86.2% compared to the same period in 2021[5]. - For the three months ended June 30, 2022, the company's revenue was approximately RMB 35,666,000, a decrease of about 74.5% compared to the same period in 2021[6]. - The gross profit for the six months ended June 30, 2022, was approximately RMB 17,007,000, down from RMB 32,225,000 in the same period of 2021[7]. - The company reported a total comprehensive loss of RMB 13,018,000 for the six months ended June 30, 2022, compared to RMB 4,158,000 for the same period in 2021[9]. - The company experienced a significant decline in sales and increased losses, indicating challenges in its operational performance during the reporting period[6]. - The company reported a loss attributable to equity holders of RMB 13,746,000 for the three months ended June 30, 2022, compared to a loss of RMB 7,381,000 for the same period in 2021[37]. Assets and Liabilities - The total assets as of June 30, 2022, were approximately RMB 1,197,109,000, a decrease from RMB 1,212,992,000 as of December 31, 2021[10]. - The total liabilities as of June 30, 2022, were approximately RMB 656,166,000, compared to RMB 659,009,000 as of December 31, 2021[10]. - Total liabilities decreased to RMB 997,988 thousand as of June 30, 2022, compared to RMB 1,000,853 thousand as of December 31, 2021, representing a reduction of approximately 0.87%[12]. - Net assets decreased to RMB 199,121 thousand as of June 30, 2022, down from RMB 212,139 thousand as of December 31, 2021, reflecting a decline of about 6.14%[12]. - The total equity attributable to owners of the company was RMB 126,086 thousand as of June 30, 2022, compared to RMB 139,166 thousand as of December 31, 2021, marking a decrease of approximately 9.4%[12]. - The company's total liabilities amounted to RMB 656,166,000, primarily consisting of trade payables and contract liabilities[49]. - The company's debt-to-asset ratio was approximately 24.9% as of June 30, 2022[50]. Cash Flow and Financial Activities - Cash flow from operating activities for the six months ended June 30, 2022, was negative RMB 49,663 thousand, an improvement from negative RMB 57,612 thousand in the same period of 2021, indicating a reduction in cash outflow of approximately 13.4%[13]. - Cash and cash equivalents decreased to RMB 93,906 thousand at the end of June 30, 2022, down from RMB 121,032 thousand at the end of June 30, 2021, representing a decrease of about 22.4%[13]. - The company reported a net decrease in cash and cash equivalents of RMB 50,009 thousand for the six months ended June 30, 2022, compared to a decrease of RMB 60,199 thousand in the same period of 2021, showing an improvement of about 16.5%[13]. - The company’s financing activities generated a cash outflow of RMB 220 thousand for the six months ended June 30, 2022, compared to RMB 2,000 thousand in the same period of 2021, reflecting a significant reduction in cash outflow of approximately 89%[13]. Revenue Breakdown - Revenue from customer contracts for the three months ended June 30, 2022, was RMB 32,185,000, a decrease of 76.4% compared to RMB 136,433,000 for the same period in 2021[25]. - Revenue from computer hardware and software products for the six months ended June 30, 2022, was RMB 5,083,000, an increase of 32.4% compared to RMB 3,839,000 for the same period in 2021[25]. - System integration services revenue for the six months ended June 30, 2022, was RMB 165,162,000, a decrease of 33.7% compared to RMB 249,290,000 for the same period in 2021[25]. - Total revenue for the six months ended June 30, 2022, was RMB 171,669,000, down 32.5% from RMB 254,419,000 in the same period of 2021[25]. Corporate Governance and Compliance - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2022[5]. - The company did not declare an interim dividend for the period, consistent with the previous year[47]. - The company has adopted a code of conduct for securities trading by directors and supervisors, ensuring compliance with GEM listing rules[72]. - The audit committee, consisting of three independent non-executive directors, reviewed and approved the interim results for the six months ending June 30, 2022[75]. - The company emphasizes the importance of corporate governance to enhance transparency and risk control, aiming for long-term value creation for shareholders[73]. Strategic Initiatives - The company aims to leverage research and technology from Nanjing University to expand in smart transportation, remote education, and intellectual property trading in the second half of the year[63]. - The company is committed to continuous innovation and strategic cooperation to seek new development opportunities[63]. - The company has not engaged in any significant investments, acquisitions, or disposals during the reporting period[51]. Shareholder Information - As of June 30, 2022, the company has issued a total of 3,288,000,000 shares, comprising 2,782,800,000 domestic shares and 505,200,000 H shares[65]. - Mr. Zhu Yongning holds 29.49% of the company's ordinary shares, equating to 820,783,735 shares, representing 24.96% of the total equity[64]. - Jiangsu Kenen Electric Power Technology Co., Ltd. holds 808,800,000 domestic shares, representing 29.06% of the domestic shares[68]. - Anhui Jiuxi Industrial Investment Co., Ltd. owns 577,592,975 domestic shares, accounting for 20.76% of the domestic shares[68]. - The company completed a share consolidation and capital reduction on July 13, 2022, resulting in a total of 411,000,000 shares and registered capital of 41.1 million RMB[70].
南大苏富特(08045) - 2022 - 中期财报