Apex(SH:603383)2022-08-29 16:00Financial Performance - The company reported a total revenue of 100 million RMB for the first half of 2022, reflecting a year-on-year increase of 15%[15]. - The company has set a revenue guidance of 220 million RMB for the full year 2022, indicating an expected growth of 10%[15]. - The company's operating revenue for the first half of the year reached ¥229,966,409.56, representing a year-on-year increase of 17.11% compared to ¥196,365,261.66[19]. - The net profit attributable to shareholders decreased by 19.12% to ¥35,374,909.32 from ¥43,740,064.74 in the same period last year[19]. - The net profit after deducting non-recurring gains and losses was ¥29,829,452.15, down 13.76% from ¥34,587,910.65[19]. - The company reported a total revenue from sales of goods and services of CNY 133,525,028.44 for the first half of 2022, an increase from CNY 108,819,814.40 in the same period of 2021, representing a growth of approximately 22.7%[96]. - The company's net profit for the first half of 2022 was CNY 56,024,682.62, a decrease from CNY 75,449,668.78 in the same period of 2021, representing a decline of approximately 25.7%[95]. - Operating profit for the first half of 2022 was CNY 53,634,347.00, down from CNY 79,058,889.58 in the previous year, indicating a decrease of about 32.2%[95]. Research and Development - Research and development expenses increased by 25% to 30 million RMB, focusing on new product innovations and technology enhancements[15]. - Research and development expenses increased to ¥64,592,587.20, representing a rise of 15.5% compared to ¥55,669,553.23 in the first half of 2021[88]. - The company is committed to ongoing research and development to innovate and stay competitive in the market[116]. Market Expansion and Strategy - The user base for the LiveBOS platform has grown to 500,000 active users, representing a 20% increase compared to the previous period[15]. - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by the end of 2023[15]. - A strategic partnership was established with a leading fintech firm to enhance data integration capabilities, expected to boost operational efficiency by 30%[15]. - The company continues to focus on digital transformation in state-owned enterprises and local state-owned enterprises[36]. - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[90]. - The company is exploring potential mergers and acquisitions to bolster its market position and expand its product offerings[79]. Financial Position and Assets - The company's total assets decreased by 8.89% to ¥1,486,254,763.43 from ¥1,631,232,278.90 at the end of the previous year[19]. - The company's cash and cash equivalents decreased by 17.19% to $801.55 million from $967.93 million year-over-year[41]. - Accounts receivable increased significantly by 174.23% to $75.59 million, up from $27.56 million in the previous year[41]. - Inventory rose by 31.47% to $154.04 million, compared to $117.17 million at the end of the previous year[41]. - The company reported a total current assets of RMB 1,302,676,127.48, a decrease of 9.7% from RMB 1,442,443,671.28 at the beginning of the period[82]. - Total assets decreased from CNY 1,631,232,278.90 to CNY 1,486,254,763.43, a decline of approximately 8.9%[84]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 17,772[74]. - The largest shareholder, Yan Mengyu, holds 21.00% of the shares, totaling 35,887,614 shares[74]. - The second largest shareholder, Fuzhou Aipai Ke Electronics Co., Ltd., holds 14.04% of the shares, totaling 23,990,400 shares[74]. - The company distributed dividends totaling CNY 94,007,933.80 during the reporting period[111]. Risks and Compliance - The company has identified potential risks related to market competition and regulatory changes, which are detailed in the management discussion section[6]. - The company faces risks including intensified industry competition and potential regulatory compliance issues[46]. - There are no reported instances of non-operational fund occupation by controlling shareholders[6]. - The company has not experienced any non-compliance issues with its controlling shareholders or actual controllers[67]. Accounting and Financial Reporting - The financial report for the first half of 2022 has not been audited, but management assures its accuracy and completeness[4]. - The company follows the enterprise accounting standards, ensuring compliance and accuracy in financial reporting[136]. - The financial statements are prepared based on the going concern principle, ensuring a true and complete reflection of the company's financial status and operating results[136]. - The company has undergone changes in accounting policies, although specific impacts were not detailed in the report[127]. Cash Flow and Financing Activities - The net cash flow from operating activities was -$134.07 million, compared to -$115.18 million in the same period last year[39]. - The company's cash flow from financing activities showed a net outflow of CNY -93,518,933.80, compared to a net outflow of CNY -71,249,156.40 in the first half of 2021[99]. - Cash inflow from investment activities totaled CNY 700,443,808.22, down 36.1% from CNY 1,095,093,698.66 in the previous year[103].