和而泰(002402) - 2023 Q2 - 季度财报

Financial Assets and Liabilities - The company's financial assets at the beginning of the period amounted to 799,270,586.63 yuan, with a decrease of 442,188.99 yuan in fair value changes during the period, and the total financial assets at the end of the period were 661,026,288.05 yuan[8] - The company's financial liabilities at the beginning of the period were 1,720,618.82 yuan, with an increase of 442,188.99 yuan in fair value changes during the period, and the total at the end of the period was 5,633,881.72 yuan[8] Accounts Receivable Financing - The company's accounts receivable financing at the beginning of the period was 166,363,449.54 yuan, with an increase of 711,167,898.14 yuan during the period, and the total at the end of the period was 217,835,751.44 yuan[8] Subsidiary Performance - The company's subsidiary, Zhejiang Chengchang Technology Co., Ltd., reported revenue of 1,454,541,892.52 yuan and net profit of 64,619,484.71 yuan[24] Entrusted Financial Management - The company's total entrusted financial management amount is 580 million yuan, with 350 million yuan from self-owned funds and 230 million yuan from raised funds[73] - The company has no overdue or unrecovered entrusted financial management amounts, and no impairment provisions have been made[73] Stock Issuance and Regulatory Approvals - The company disclosed the acceptance of its application for issuing stocks to specific objects by the Shenzhen Stock Exchange on March 2, 2023[76] - The company disclosed the revision of the prospectus and feedback reply for issuing stocks to specific objects on March 24, 2023[77] - The company received approval from the China Securities Regulatory Commission for issuing stocks to specific objects on May 17, 2023[102] Company Establishment and Capital - The company established Luohe HeT Intelligent Technology Co., Ltd. with a registered capital of 10 million yuan on January 13, 2023[103] - The company established HeT New Materials Technology (Hong Kong) Co., Ltd. with a registered capital of 1.5 million USD on February 27, 2023[103] - The company's total share capital is 914,340,685 shares, with 17,600,000 shares issued during the reporting period[81] Guarantees and Financial Reporting - The company provided guarantees totaling 96,964.6 thousand yuan to its subsidiaries, with 25,940 thousand yuan actually used[97] - The company's semi-annual financial report is unaudited[112] Financial Performance and Assets - Total assets increased to 6,910,800,625.65 RMB as of June 30, 2023, compared to 6,370,694,615.52 RMB at the beginning of the year[115] - Revenue for the first half of 2023 reached 2,570,059,171.41 RMB, a 15.6% increase from 2,222,870,129.24 RMB in the same period of 2022[118] - Net profit for the first half of 2023 was 142,593,849.71 RMB, a slight decrease from 149,767,331.42 RMB in the same period of 2022[119] - R&D expenses increased significantly to 135,171,462.69 RMB in the first half of 2023, up from 76,726,598.40 RMB in the same period of 2022[118] - Accounts receivable rose to 2,011,687,873.47 RMB as of June 30, 2023, compared to 1,463,808,032.43 RMB at the beginning of the year[113] - Inventory decreased to 1,950,983,115.55 RMB as of June 30, 2023, from 2,088,896,393.28 RMB at the beginning of the year[113] - Short-term borrowings increased to 468,255,082.12 RMB as of June 30, 2023, compared to 419,517,127.07 RMB at the beginning of the year[115] - Long-term equity investments grew to 1,162,748,711.10 RMB as of June 30, 2023, from 1,156,002,149.10 RMB at the beginning of the year[115] - Other non-current financial assets increased to 153,428,845.43 RMB as of June 30, 2023, from 103,428,845.43 RMB at the beginning of the year[115] - Financial expenses showed a significant improvement, with a net income of 32,011,711.10 RMB in the first half of 2023, compared to an expense of 1,465,138.07 RMB in the same period of 2022[118] Cash Flow and Investment Activities - Sales revenue from goods and services received in cash for the first half of 2023 was 2,995,784,733.76 yuan, an increase from 2,839,515,996.39 yuan in the same period last year[120] - Net cash flow from operating activities for the first half of 2023 was 163,271,353.73 yuan, up from 127,220,338.76 yuan in the same period last year[120] - Cash received from investment returns for the first half of 2023 was 6,059,923.47 yuan, compared to 2,099,291.73 yuan in the same period last year[120] - Cash received from selling goods and providing services for the first half of 2023 was 1,952,368,564.43 yuan, a decrease from 2,014,867,148.07 yuan in the same period last year[121] - Net cash flow from operating activities for the first half of 2023 was 19,373,941.91 yuan, significantly lower than 273,266,522.83 yuan in the same period last year[121] - Cash received from investment returns for the first half of 2023 was 20,630,363.28 yuan, compared to 59,812.28 yuan in the same period last year[121] - Total cash inflow from investment activities for the first half of 2023 was 24,725,767.92 yuan, down from 81,016,526.48 yuan in the same period last year[121] - Cash paid for the purchase of fixed assets, intangible assets, and other long-term assets for the first half of 2023 was 80,631,614.41 yuan, up from 64,391,948.89 yuan in the same period last year[121] - Cash paid for investments for the first half of 2023 was 83,525,913.13 yuan, down from 171,580,300.00 yuan in the same period last year[121] - The ending balance of the company's equity for the first half of 2023 was 5,073,505.40 yuan[124] Battery and Power Control Systems - The company's battery management system (BMS) monitors battery parameters in real-time, performs fault diagnosis, SOC estimation, range estimation, short-circuit protection, leakage detection, display alarms, and charge/discharge mode selection[198] - The power control system (PCS) controls the charging and discharging process of batteries, converts AC/DC, and can directly supply AC loads in the absence of a grid[198] Reporting Period and Company Profile - The reporting period for the company's semi-annual report is from January 1, 2023, to June 30, 2023[198] - The company's semi-annual report is titled "Shenzhen H&T Intelligent Control Co., Ltd. 2023 Semi-Annual Report"[199] - The company's profile is included in the first section of the semi-annual report[200]