JHS(SH:603922)2023-08-29 16:00Financial Performance - The company's operating revenue for the first half of 2023 was ¥179,776,348.76, a decrease of 19.6% compared to ¥223,472,788.62 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was -¥28,503,699.24, compared to -¥1,847,028.63 in the previous year, indicating a significant decline[20]. - The net cash flow from operating activities was -¥1,066,526.86, a decrease of 102.38% from ¥44,774,580.40 in the same period last year[20]. - Basic earnings per share for the first half of 2023 were -¥0.22, compared to -¥0.01 in the same period last year[21]. - The weighted average return on net assets was -2.79%, a decrease of 2.61 percentage points from -0.18% in the previous year[21]. - The decline in net profit and earnings per share was primarily due to a decrease in sales of supporting vehicle models, reduced orders from downstream customers, and rising costs and expenses[21]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,308,803,803.93, an increase of 4.07% from ¥1,257,567,581.05 at the end of the previous year[20]. - The net assets attributable to shareholders of the listed company decreased by 2.75% to ¥1,008,898,601.48 from ¥1,037,402,300.72 at the end of the previous year[20]. - The company's total liabilities reached CNY 299,905,202.45, up from CNY 220,165,280.33, reflecting a growth of approximately 36.1%[97]. - Current liabilities rose to CNY 289,665,047.18, compared to CNY 207,282,609.16 in the previous period, indicating an increase of about 39.7%[97]. Cash Flow - The company's net cash flow from operating activities for the first half of 2023 was -1,066,526.86 RMB, a significant decrease compared to 44,774,580.40 RMB in the same period of 2022[107]. - Total cash inflow from operating activities was 296,284,277.12 RMB, slightly down from 304,701,663.42 RMB year-over-year[107]. - Cash outflow from operating activities increased to 297,350,803.98 RMB from 259,927,083.02 RMB in the previous year[108]. - The net cash flow from investing activities was -17,875,250.55 RMB, an improvement from -65,733,848.18 RMB in the first half of 2022[108]. - The net cash flow from financing activities was -36,115,079.31 RMB, compared to a positive 4,776,470.60 RMB in the same period of 2022[108]. Research and Development - The company has developed advanced mold design and manufacturing technology, achieving multiple patents in core technologies[30]. - The company holds a total of 29 invention patents and 107 utility model patents, reflecting its commitment to R&D and innovation[36]. - Research and development expenses for the first half of 2023 were RMB 10,399,483.94, down from RMB 12,778,363.85 in the first half of 2022, a decrease of 18.6%[103]. Market Position and Strategy - The company is a key supplier to major domestic automakers such as SAIC Volkswagen and FAW Volkswagen, enhancing its market position[27]. - The company is actively expanding into the new energy vehicle and traditional parts markets, indicating growth potential in these sectors[28]. - The company has a strong customer resource advantage, with a client base that includes renowned multinational automotive parts suppliers[33]. Environmental Compliance - The company has maintained compliance with environmental regulations, with no major violations reported during the reporting period[62]. - Emissions of nitrogen oxides were measured at 22 mg/m³, below the standard limit of 50 mg/m³[63]. - The company has implemented carbon reduction measures, including phasing out old manufacturing equipment and using energy-efficient devices, promoting water recycling, and utilizing rooftop solar photovoltaic power generation[72]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 5,613[86]. - The company has not proposed any profit distribution or capital reserve increase for the half-year period[59]. - The company reported a profit distribution of -6,400,000 for the first half of 2023, reflecting a reduction in profit allocation to shareholders[116]. Corporate Governance - The company has not reported any significant lawsuits or arbitration matters during the reporting period[79]. - There are no major guarantees or violations reported during the reporting period[79]. - The company has not disclosed any significant changes in the integrity status of the company and its controlling shareholders during the reporting period[81]. Accounting Policies - The company’s accounting policies comply with the enterprise accounting standards, ensuring accurate financial reporting[148]. - The company recognizes foreign currency transactions at the exchange rate on the transaction date, with monetary items translated at the exchange rate on the balance sheet date[157]. - The company assesses impairment of financial assets based on expected credit losses, including receivables and debt instruments measured at fair value[161].