NSC(SH:601990)2023-08-24 16:00Financial Performance - The company's operating revenue for the first half of 2023 reached ¥1,294,960,685.02, representing a 34.94% increase compared to ¥959,632,632.14 in the same period last year[20]. - Net profit attributable to shareholders of the parent company was ¥456,156,611.07, up 26.73% from ¥359,957,579.60 in the previous year[20]. - The net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses was ¥449,826,998.07, reflecting a 27.61% increase from ¥352,511,815.07 year-on-year[20]. - The company's operating income for the first half of 2023 was CNY 224.51 billion, a year-on-year increase of 9.03%[25]. - The net profit for the same period was CNY 85.05 billion, reflecting a year-on-year growth of 4.75%[25]. - The company's net profit for the first half of 2023 was ¥458,174,942.16, up 26.7% from ¥361,755,046.09 in the first half of 2022[101]. - The total comprehensive income for the first half of 2023 reached CNY 607,399,216.54, compared to CNY 410,478,204.89 in the same period of 2022, reflecting a significant increase[105]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥56,294,857,854.38, an increase of 8.97% from ¥51,661,082,120.54 at the end of the previous year[20]. - Total liabilities increased by 12.44% to ¥39,140,511,110.22 from ¥34,810,587,825.56 at the end of the previous year[20]. - The total equity attributable to shareholders of the parent company was ¥16,812,158,234.90, a slight increase of 1.83% from ¥16,509,244,726.81 at the end of the previous year[20]. - The company's total assets increased to ¥283,141.73 million, up from ¥195,560.42 million at the end of the previous year, indicating significant growth[45]. - The company's total liabilities increased by 14.60% to ¥15,197,026,023.36, representing 27.00% of total assets[40]. - The total assets of Nanjing Securities are approximately CNY 16.79 billion, indicating a stable asset base[114]. Cash Flow - The net cash flow from operating activities was negative at -¥1,819,475,482.04, compared to a positive cash flow of ¥2,478,696,314.85 in the same period last year, marking a decrease of 173.40%[20]. - The company's cash flow from operating activities showed a net outflow of CNY 1,819,475,482.04 in the first half of 2023, compared to a net inflow of CNY 2,478,696,314.85 in the same period of 2022[106]. - Cash inflow from financing activities was CNY 5,663,820,000.00, significantly higher than CNY 1,103,000,000.00 in the same period of 2022[107]. - The total cash inflow from financing activities was 5,663,820,000.00 RMB, while the cash outflow was 3,938,691,055.02 RMB, resulting in a net cash flow of 1,725,128,944.98 RMB[109]. Capital Structure - The registered capital of Nanjing Securities is CNY 3,686,361,034, remaining unchanged from the previous year[11]. - The company plans to issue up to 1,105,908,310 A shares, raising a total of no more than 5 billion yuan, with Zijin Group expected to subscribe for 500 million yuan[72]. - The company issued 10 new collective asset management products during the reporting period, with a steady growth in business scale and further optimization of business structure[35]. - The company has a total bond balance of 15 billion yuan as of the latest report, with various bonds maturing between 2024 and 2026[86]. Risk Management - The company has established a comprehensive risk management system to address market, credit, liquidity, and operational risks[51]. - The company continues to enhance its compliance and risk management culture, ensuring a robust internal control system and maintaining a strong financial leverage and asset quality[29]. - Credit risk management includes strict control measures and dynamic management of trading counterparties to mitigate potential losses[52]. - The company has maintained stable operations in credit-related businesses and bond investments without significant credit risk events during the reporting period[53]. Corporate Governance - The company has not distributed dividends or conducted capital reserve transfers during the reporting period[57]. - The company has strengthened its compliance team and established a regular compliance assessment mechanism[54]. - The company has committed to avoiding and minimizing related party transactions, ensuring fair market practices[66]. - The report indicates that there are no changes in the controlling shareholder or actual controller during the reporting period[82]. Social Responsibility - The company has been recognized as a "Charity Star" by charity associations in the Yangtze River Delta region for its contributions to poverty alleviation and rural revitalization efforts[62]. - The company has actively engaged in environmental protection activities, including tree planting initiatives to support rural revitalization[60]. - In the first half of 2023, the company implemented infrastructure projects in Ningxia and Guizhou, including road improvements for cattle breeding cooperatives, enhancing rural living conditions[63]. - The company organized over 500 volunteer activities in the first half of 2023, promoting community service and support for vulnerable groups[64]. Employee and Management - The company employs 2,192 people, including 10 senior management personnel[120]. - The company has not disclosed any significant changes in its employee incentive plans during the reporting period[57]. - The company has included 7 subsidiaries and structured entities in its consolidated financial statements for the first half of 2023[121]. Accounting Policies - The company has not made any changes to its significant accounting policies or estimates during the reporting period[193]. - The company applies the control-based approach for determining the scope of consolidated financial statements, including itself and its subsidiaries[127]. - The company recognizes revenue when control of goods or services is transferred to customers, based on the transaction price allocated to each performance obligation[177].