Workflow
飞马国际(002210) - 2023 Q2 - 季度财报
FEIMA INTLFEIMA INTL(SZ:002210)2023-08-17 16:00

Financial Performance - The company's operating revenue for the first half of 2023 was ¥197,937,849.01, representing an increase of 88.44% compared to ¥105,037,784.44 in the same period last year[24]. - Net profit attributable to shareholders was ¥6,901,664.69, a significant increase of 1,176.40% from ¥540,713.14 in the previous year[24]. - The net cash flow from operating activities improved to ¥24,905,691.82, compared to a negative cash flow of ¥54,867,823.49 in the same period last year, marking a 145.39% increase[24]. - Basic and diluted earnings per share rose to ¥0.0026, up 1,200.00% from ¥0.0002 in the previous year[24]. - The company reported a significant improvement in net profit excluding non-recurring gains and losses, reaching ¥6,024,896.66 compared to a loss of ¥12,629,825.31 in the previous year, an increase of 147.70%[24]. - The total operating revenue for the first half of 2023 reached ¥197,937,849.01, an increase of 88.44% compared to ¥105,037,784.44 in the same period last year[39]. - The total profit for the first half of 2023 was 10,815,097.91 CNY, compared to a loss of 1,358,580.91 CNY in the same period last year[138]. - The company reported a net loss of CNY 9,047,198.96 for the current period, reflecting challenges in profitability[157]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,332,361,589.05, reflecting a 7.15% increase from ¥1,243,401,106.33 at the end of the previous year[24]. - The total liabilities increased to CNY 1,058,965,711.91 from CNY 977,009,595.80, reflecting a rise in financial obligations[131]. - The total equity attributable to the parent company was CNY 273,395,877.14, compared to CNY 266,391,510.53 at the start of the year[131]. - The company's cash and cash equivalents decreased to ¥109,625,035.02, representing 8.23% of total assets, down from 10.17% at the end of the previous year[44]. - Accounts receivable increased to ¥222,449,466.02, making up 16.70% of total assets, up from 16.09% year-on-year[44]. Operational Highlights - The Datoong Fuqiao Phase II expansion project increased the overall waste processing capacity from 1,000 tons/day to 1,700 tons/day, enhancing operational scale and profitability[34]. - The environmental new energy sector contributed ¥192,313,098.78, accounting for 97.16% of total revenue, with a year-on-year growth of 126.46%[39]. - The logistics supply chain service sector saw a significant decline, generating only ¥5,624,750.23, down 72.04% from ¥20,117,178.98 in the previous year[39]. - The company’s waste-to-energy projects significantly contribute to carbon reduction, positioning the "Fu Qiao" brand as a leader in local environmental construction[75]. Research and Development - Research and development expenses decreased by 5.96% to CNY 1.05 million, mainly due to reduced personnel costs[38]. - The company’s management reported a focus on market expansion and new product development strategies moving forward[138]. Risk Factors - The company faces risks including macroeconomic risks, policy changes, market competition, and operational risks, which are detailed in the report[5]. - The company faces macroeconomic risks due to a continuous slowdown in domestic economic growth, influenced by international geopolitical conflicts and trade tensions, which may impact business operations[55]. - The company operates in the environmentally friendly new energy sector, which is supported by national policies, but potential adverse changes in these policies could pose operational risks[56]. Environmental Compliance - The company has obtained various environmental approvals and permits for its projects, ensuring compliance with environmental regulations and standards[68]. - The company reported zero incidents of exceeding pollution discharge standards in the first half of 2023, resulting in a tax exemption for environmental protection[72]. - The company has implemented advanced flue gas treatment technologies, including SNCR denitrification and semi-dry methods, to manage emissions effectively[75]. - The company actively participates in social responsibility initiatives, including donations and support for local economic development[77]. Corporate Governance - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[81]. - There were no violations regarding external guarantees during the reporting period[82]. - The company has not reported any changes in accounting policies or prior period errors during this reporting period[150]. Financial Management - The company plans to modernize its management system and improve decision-making processes to enhance internal management capabilities and reduce management risks[58]. - The total amount of owner contributions during the period was CNY 29,687,367.62, reflecting ongoing investment confidence[153]. - The company continues to face challenges in maintaining positive equity, with a significant portion of its equity being negative[161]. - The financial results indicate a need for strategic adjustments to improve profitability and equity position moving forward[157].