Financial Performance - Total turnover for the six months ended June 30, 2022, was RMB 1,331,586,000, a decrease of approximately 11.01% compared to RMB 1,496,407,000 in the corresponding period of 2021[8]. - Gross profit decreased to approximately RMB 57,805,000, representing a decline of approximately 42.71% from RMB 100,904,000 in the same period last year[8]. - Gross profit margin was approximately 4.34%, down by approximately 2.4 percentage points from 6.74% in the corresponding period last year[8]. - Profit attributable to owners of the Company increased to approximately RMB 22,019,000, an increase of approximately 15.39% compared to RMB 19,083,000 in the same period of 2021[8]. - Earnings per share rose to RMB 6.2 cents, compared to RMB 5.4 cents in the corresponding period last year[8]. - Operating profit for the period was RMB 40,193,000, down from RMB 64,318,000 in the same period of 2021[12]. - Profit before income tax was RMB 48,280,000, compared to RMB 69,755,000 in the corresponding period last year[12]. - Total comprehensive income for the period was RMB 37,343,000, down from RMB 48,611,000 in the same period of 2021[12]. - Non-controlling interests' profit decreased to RMB 15,324,000 from RMB 29,528,000 in the corresponding period last year[12]. Assets and Liabilities - Total assets decreased from RMB 2,076,183,000 as of December 31, 2021, to RMB 2,040,517,000 as of June 30, 2022, representing a decline of approximately 1.72%[20]. - Total liabilities decreased from RMB 1,092,143,000 as of December 31, 2021, to RMB 1,060,929,000 as of June 30, 2022, reflecting a decline of approximately 2.8%[22]. - Total equity attributable to owners of the parent company increased from RMB 846,844,000 as of December 31, 2021, to RMB 868,863,000 as of June 30, 2022, reflecting a rise of approximately 2.4%[25]. - Non-controlling interests decreased from RMB 137,196,000 as of December 31, 2021, to RMB 110,725,000 as of June 30, 2022, indicating a decline of about 19.3%[22]. Cash Flow - Cash and cash equivalents increased from RMB 357,757,000 as of December 31, 2021, to RMB 366,657,000 as of June 30, 2022, showing a growth of about 2.5%[28]. - Net cash used in operating activities for the six months ended June 30, 2022, was RMB (28,076,000), an improvement compared to RMB (70,252,000) for the same period in 2021[28]. Revenue Breakdown - Revenue for the six months ended 30 June 2022 was RMB 1,337,578,000, a slight decrease from RMB 1,505,878,000 in the same period of 2021, representing a decline of approximately 11.1%[41]. - The Group's materials procurement and related logistics services experienced a decline in turnover and gross profit compared to the same period last year due to pandemic-related impacts[112]. - The turnover for imported automobiles logistics services was RMB614,634,000, representing a decrease of RMB103,720,000 or 14.44% compared to the previous year[117]. - The turnover for materials procurement and related logistics services amounted to RMB692,542,000, a decrease of RMB66,738,000 or 8.79% compared to the previous year[117]. - The turnover for logistics services for electronic components was RMB481,158,000, an increase of RMB26,520,000 or 5.83% compared to the previous year[117]. Management and Governance - The Group's financial statements have been prepared in accordance with International Accounting Standard 34 (IAS 34) for interim financial reporting[34]. - The company has complied with the Corporate Governance Code throughout the reporting period, with a noted deviation regarding the separation of roles between the Chairman and CEO[152]. - The company has established an audit committee in compliance with GEM Listing Rules, comprising independent non-executive directors with appropriate financial experience[156]. - All directors confirmed compliance with the code of dealing in securities, ensuring adherence to required standards[157]. Future Outlook - The Group plans to focus on maintaining automotive logistics and expanding the electronic components supply chain and logistics business in the second half of 2022[124]. - The Group aims to actively explore new businesses and innovate cooperation models to enhance customer value creation capabilities[124]. - The Group's overall performance showed an increase in the first half of 2022, despite a significant decrease in the automobile logistics business due to temporary production suspensions[123].
滨海泰达物流(08348) - 2022 - 中期财报