Apex(SH:603383)2023-08-24 16:00Financial Performance - The company's operating revenue for the first half of 2023 reached ¥280,628,214.87, representing a 22.03% increase compared to ¥229,966,409.56 in the same period last year[19]. - Net profit attributable to shareholders of the listed company was ¥61,834,557.70, a significant increase of 74.80% from ¥35,374,909.32 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥53,561,368.66, up 79.56% from ¥29,829,452.15 year-on-year[19]. - Basic earnings per share increased by 74.13% to CNY 0.3662 compared to the same period last year[20]. - Diluted earnings per share rose by 74.40% to CNY 0.3610 year-on-year[20]. - The total comprehensive income for the first half of 2023 was ¥59,979,185.30, compared to ¥32,500,379.47 in the same period last year[104]. Cash Flow and Assets - The net cash flow from operating activities was -¥100,560,193.72, an improvement from -¥134,073,077.48 in the previous year, indicating a reduced cash outflow[19]. - Total assets decreased by 9.12%, from ¥1,780,271,959.84 at the end of the previous year to ¥1,617,935,992.65[19]. - Cash and cash equivalents decreased to CNY 538,933,303.70 from CNY 1,030,298,223.02, representing a significant drop of about 47.7%[94]. - The net cash flow from investment activities was -CNY 253,263,306.64, a significant change from the previous year's positive cash flow of ¥62,648,444.15, primarily due to increased purchases of financial products[42]. Research and Development - Research and development expenses rose by 14.56% to ¥73,997,796.90, up from ¥64,592,587.20[42]. - The company has increased its R&D investment, focusing on the "3+1" technology platform and new product development[35]. - The company has allocated 75,139,255.1 for research and development to support innovation initiatives[117]. Market Position and Strategy - The company focuses on financial technology, providing comprehensive and innovative products and services for the financial industry[27]. - The company aims to expand its market presence by leveraging its extensive customer base and deep industry experience in the securities sector[31]. - The company plans to continue expanding its market presence and investing in new technologies and products[106]. - Future guidance indicates a projected revenue growth of 10% for the next fiscal year, driven by market expansion strategies[117]. Risks and Governance - The company has outlined potential risks in its management discussion and analysis section, emphasizing the importance of investor awareness regarding these risks[5]. - The company faces risks from intensified industry competition, technological advancements, and human resource challenges due to the rapid growth of financial technology[52][53][54]. - The company has committed to a cash dividend policy, prioritizing cash distributions from distributable profits after covering losses and legal reserves[68]. Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 9,349[82]. - The top shareholder, Yan Mengyu, holds 35,887,614 shares, representing 20.95% of the total shares[84]. - The company reduced its total share capital from 171,279,516 shares to 171,217,266 shares, a decrease of 62,250 shares due to the repurchase and cancellation of restricted stock[79]. Compliance and Reporting - The report indicates that the financial data has not been audited, ensuring transparency in the reporting process[6]. - The financial statements have been approved by the board, indicating adherence to regulatory requirements and accounting standards[139]. - The company has not disclosed any significant changes in its employee stock ownership or incentive plans during the reporting period[64].