INLY(SH:603598)2023-08-17 16:00Financial Performance - The company's operating revenue for the first half of 2023 reached ¥2,283,802,743.85, representing a 15.68% increase compared to ¥1,974,229,811.26 in the same period last year[22]. - Net profit attributable to shareholders for the first half of 2023 was ¥32,027,211.97, up 42.59% from ¥22,461,669.46 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥25,882,323.35, which is an 83.03% increase from ¥14,140,716.91 in the same period last year[22]. - Basic earnings per share for the first half of 2023 were ¥0.12, a 50.00% increase from ¥0.08 in the same period last year[23]. - The weighted average return on net assets increased by 11.17 percentage points to 19.83% from 8.66% in the previous year[23]. - The company reported a total comprehensive income for the first half of 2023 of ¥32,027,211.97, compared to ¥22,471,491.53 in the same period of 2022, reflecting overall growth[111]. Cash Flow and Financial Position - The company reported a net cash flow from operating activities of -¥273,480,860.72, compared to -¥129,964,849.42 in the same period last year, indicating a worsening cash flow situation[22]. - Cash and cash equivalents decreased by 86.27% to CNY 42,940,506.92, primarily due to payments to suppliers[59]. - The company's operating cash flow for the first half of 2023 was negative at -¥273,480,860.72, indicating increased payments to suppliers[56]. - The ending balance of cash and cash equivalents decreased to CNY 35,676,724.30 from CNY 99,048,263.01 in the previous year, showing a significant reduction in liquidity[118]. - The total current assets decreased to ¥1,151,802,123.18 from ¥1,278,259,640.93[101]. - The company’s total liabilities decreased from CNY 1,238,898,969.98 to CNY 1,076,097,086.79, a decline of about 13.1%[103]. Assets and Liabilities - The company's total assets decreased by 9.45% to ¥1,253,580,176.85 from ¥1,384,354,848.07 at the end of the previous year[22]. - Accounts receivable increased by 567.66% to CNY 7,210,813.17, attributed to reduced settlement of notes receivable[59]. - Prepayments rose by 75.22% to CNY 354,547,950.26, mainly due to payments to suppliers[59]. - Tax payable increased by 49.72% to CNY 8,273,286.51, primarily due to an increase in corporate income tax[59]. - The company reported a total of CNY 7,263,782.62 in restricted cash, due to bank account freezes and guarantees[60]. Market and Strategic Initiatives - The internet advertising market is projected to reach 159.34 billion, with a year-on-year growth of 8.1% in Q2 2023[34]. - The national online retail sales reached 7.16 trillion, reflecting a year-on-year increase of 13.1% in the first half of the year[35]. - The live-streaming e-commerce sales amounted to 1.27 trillion in the first half of the year, indicating a stable growth trend[35]. - The company has established a comprehensive ecosystem for marketing services, integrating brand, effect, e-commerce, and data[37]. - The company aims to enhance operational efficiency and brand value through a full-link marketing service system[37]. - The company is focusing on data-driven marketing strategies to meet the evolving demands of brand clients[33]. Technological Investments and Innovations - The company has increased its investment in innovative marketing strategies, including influencer social marketing and AI applications[37]. - The integration of AI technology is expected to reshape business logic and drive industry upgrades[36]. - The self-developed intelligent marketing tool "Nuclear Power System" has empowered various business segments, enhancing marketing effectiveness[39]. - The company has established a team of nearly 100 technical and data professionals to enhance its capabilities in data-driven marketing[39]. - The company has launched the 1.0 version of "Nuclear AI," which includes features for generating marketing copy and image recognition[40]. Corporate Governance and Compliance - The company does not plan to distribute cash dividends or issue bonus shares for the first half of 2023[4]. - There are no non-operating fund occupations by controlling shareholders or related parties reported during the period[6]. - The company has committed to minimizing related party transactions with its subsidiaries and will adhere to legal and internal governance procedures for unavoidable transactions[79]. - The company has confirmed that it has no current involvement in any competing businesses that could conflict with its main operations[79]. - The company has not reported any significant litigation or arbitration matters during the reporting period[82]. Shareholder Information - As of June 30, 2023, the total number of common shareholders was 27,261[91]. - The top shareholder, 罗衍记, held 99,326,300 shares, representing 37.08% of total shares, with a reduction of 8,378,500 shares during the reporting period[94]. - The company has not reported any changes in the controlling shareholder or actual controller during the reporting period[96]. Accounting Policies and Financial Reporting - The financial report was approved by the board of directors on August 17, 2023[133]. - The company adheres to the relevant accounting standards, ensuring that the financial statements reflect a true and complete view of its financial position[138]. - The company classifies financial assets into three categories: amortized cost, fair value through other comprehensive income, and fair value through profit or loss[147]. - The company recognizes financial assets when the contractual rights to cash flows have expired or when the risks and rewards of ownership have been transferred[150]. - The company uses observable inputs for valuation whenever possible, prioritizing relevant market data[153].