LONCIN(SH:603766)2022-08-25 16:00Financial Performance - The company's operating revenue for the first half of 2022 reached ¥6,601,146,303.82, representing a 7.26% increase compared to ¥6,154,104,628.49 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was ¥564,178,801.45, up 9.31% from ¥516,129,208.51 year-on-year[22]. - The net profit after deducting non-recurring gains and losses was ¥514,287,525.79, a significant increase of 111.80% compared to ¥242,812,709.10 in the previous year[22]. - Basic earnings per share for the first half of 2022 were ¥0.2747, an increase of 9.31% compared to ¥0.2513 in the same period last year[22]. - The weighted average return on net assets was 7.34%, up 0.41 percentage points from 6.93% in the previous year[22]. - The company reported a significant increase in diluted earnings per share, which also stood at ¥0.2747, reflecting a 9.31% growth year-on-year[22]. - The comprehensive gross profit margin improved to 17.73%, an increase of 4.29 percentage points year-on-year[37]. - The net profit for the first half of 2022 was ¥568,403,208.92, compared to ¥518,954,443.14 in the previous year, representing a year-on-year increase of 9.76%[170]. Revenue Breakdown - The "motorcycle + general machinery" main business generated sales revenue of 6.068 billion yuan, an increase of 8.52% year-on-year[37]. - Motorcycle business sales revenue was 3.975 billion yuan, with a year-on-year growth of 7.39%[37]. - The sales revenue from motorcycle products was 3.053 billion yuan, reflecting an 8.77% increase year-on-year[37]. - The sales revenue from motorcycle engines was 922 million yuan, showing a growth of 3.05% year-on-year[37]. - The export revenue reached 406 million USD, marking an 8.33% increase year-on-year[37]. - The sales revenue of the WOGE series products was 482 million yuan, with a nearly 20% year-on-year growth[37]. - The current sales revenue reached 197 million yuan, representing a year-on-year growth of 28.42%[40]. - The company sold 1.9665 million units of general machinery products, achieving revenue of 2.093 billion yuan, a year-on-year increase of 10.73%[46]. - The household generator segment generated revenue of 1.091 billion yuan, up 18% year-on-year, accounting for 52% of the general machinery product business[46]. Cash Flow and Investments - The net cash flow from operating activities was ¥399,735,641.53, down 25.22% from ¥534,536,526.17 in the same period last year[22]. - The company reported a significant decrease in investment income, down 87.09% to ¥35,539,408.87 from ¥275,372,510.87 year-on-year[51]. - Cash inflow from investment activities increased to CNY 10,843,550,917.21 in 2022, up from CNY 9,601,188,771.14 in 2021, reflecting a growth of 12.9%[188]. - The net cash flow from investment activities improved to CNY 459,046,522.88 in 2022, compared to a negative CNY -164,076,189.95 in 2021[188]. - The ending balance of cash and cash equivalents was CNY 2.62 billion, significantly higher than CNY 1.52 billion at the end of the first half of 2021, representing an increase of approximately 72%[185]. Assets and Liabilities - The total assets at the end of the reporting period were ¥12,996,421,968.21, a decrease of 1.67% from ¥13,217,711,974.22 at the end of the previous year[22]. - Total liabilities decreased from ¥5,455,163,301.91 to ¥4,799,144,117.47, a reduction of about 12.03%[159]. - Current liabilities decreased from ¥4,979,473,144.21 to ¥4,331,239,375.72, a decrease of approximately 13.03%[159]. - Total equity increased from ¥7,762,548,672.31 to ¥8,197,277,850.74, an increase of about 5.61%[159]. - The company's cash and cash equivalents at the end of the reporting period amounted to ¥3,323,568,140.10, an increase from ¥2,666,587,377.03 at the beginning of the period[154]. Research and Development - R&D expenses increased due to higher investment compared to the previous year, indicating a focus on innovation and product development[50]. - Research and development expenses rose to ¥246,926,097.05, up from ¥191,769,599.41, indicating a significant increase of 28.73%[166]. Environmental Compliance - The company is classified as a key pollutant discharge unit, with all emissions meeting the required standards[85]. - The actual discharge of COD was 24.91 tons, well below the permitted total of 154.12 tons[85]. - The company has implemented clean energy measures, using natural gas for emissions control[87]. - The company has established emergency response plans for environmental incidents and conducts regular training and drills to enhance preparedness[96]. - The company has committed to strict compliance with environmental laws and regulations, with ongoing monitoring and reporting of environmental data to authorities[97]. Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 41,709[140]. - The top shareholder, Longxin Holdings Co., Ltd., held 1,028,236,055 shares, representing 50.07% of total shares, with all shares frozen[143]. - No profit distribution or capital reserve transfer plan was proposed, with 0 shares for bonus and 0 yuan for dividends per 10 shares[81].