江海股份(002484) - 2023 Q2 - 季度财报

Revenue and Profitability - Revenue from electronic components reached ¥2,300,710,552.95, an increase of 13.08% year-over-year, with a gross margin of 26.80%[1] - Revenue from aluminum electrolytic capacitors was ¥2,003,852,507.27, up 12.11% year-over-year, with a gross margin of 27.57%[1] - Domestic sales accounted for ¥1,830,119,831.72, a growth of 20.91% year-over-year, with a gross margin of 27.94%[1] - Total operating revenue for the first half of 2023 reached ¥2,473,393,488.20, an increase of 13.94% compared to ¥2,170,257,670.61 in the same period of 2022[48] - Net profit for the first half of 2023 was ¥361,375,053.91, representing a 20.85% increase from ¥299,047,553.05 in the first half of 2022[49] - The comprehensive income total for the first half of 2023 was ¥238,126,880.80, compared to ¥164,208,445.93 in the same period of 2022, showing a strong performance[52] Investment and Projects - The company's total investment during the reporting period was ¥7,500,000, an increase of 87.50% compared to the previous year[10] - The company has ongoing projects for the industrialization of supercapacitors and high-voltage large-capacity film capacitors, with significant funding allocated for expansion[14] - The total committed investment for the supercapacitor industrialization project is 80 million, with an actual investment of 528.62 thousand, achieving an investment progress of 75.98%[16] - The high-capacity film capacitor project has a total committed investment of 40 million, with an actual investment of 1,418.71 thousand, achieving an investment progress of 78.43%[16] - The overall investment progress for all projects is 72.27%, with a cumulative investment of 92,158.31 thousand out of a total commitment of 120 million[19] - The supercapacitor project has shown good market expectations, with the first set of new applications being developed and evaluated positively[19] - The film capacitor project has crossed a critical point, with large-scale market applications showing promising results[19] Financial Position - The company's cash and cash equivalents at the end of the reporting period were ¥854,228,266.14, accounting for 12.16% of total assets, an increase from 11.74% at the end of the previous year[5] - The accounts receivable increased to ¥1,705,131,476.78, representing 24.27% of total assets, up from 22.95% year-over-year[5] - The inventory decreased to ¥1,093,394,318.68, which is 15.56% of total assets, down from 17.45% year-over-year[5] - The total current assets amounted to 2,293,695,010.66, compared to 2,187,511,539.74 in the previous period, reflecting an increase of approximately 4.86%[47] - The total non-current assets increased from 2,916,117,712.84 to 2,934,482,140.57, showing a growth of about 0.23%[47] - The total assets reached 5,228,177,151.23, up from 5,103,629,252.58, indicating an increase of approximately 2.45%[47] - The company reported a total liability of ¥905,420,165.16, a slight decrease from ¥910,755,612.26 in the previous year[48] - Total equity increased to ¥4,322,756,986.07, up from ¥4,192,873,640.32 year-over-year, reflecting a growth of 3.10%[48] Cash Flow and Financing - Cash flow from operating activities generated ¥237,466,653.56, compared to ¥142,522,849.12 in the previous year, indicating a significant improvement[54] - The company’s cash and cash equivalents at the end of the period were ¥490,754,406.34, an increase from ¥322,872,864.43 at the end of the previous year[55] - The company’s cash flow from financing activities showed a net outflow of ¥34,619,554.92, compared to a net inflow of ¥69,189,658.90 in the previous period, indicating a shift in financing strategy[81] Shareholder and Equity Changes - The total number of shares before the recent change was 838,861,741, with a total of 5,117,000 shares issued, resulting in a new total of 843,978,741 shares[35] - The number of restricted shares decreased from 49,843,945 (5.94%) to 49,320,620 (5.84%), a reduction of 523,325 shares[34] - The number of unrestricted shares increased from 789,017,796 (94.06%) to 794,658,121 (94.16%), an increase of 5,640,325 shares[34] - The total owner's equity at the end of the period was 4,522,318,643.13[59] - The company experienced a decrease in the total owner's equity by 40,056,865.78 during the period[59] Research and Development - Research and development expenses for the first half of 2023 were ¥113,089,574.12, compared to ¥100,367,313.28 in the same period last year, indicating a focus on innovation[49] Compliance and Accounting - The company adheres to the enterprise accounting standards in preparing its financial statements[98] - The company’s financial assets are classified based on their cash flow characteristics and management's business model[130] - The company’s financial liabilities are measured at amortized cost, with gains or losses recognized in the current period[112] - The company assesses expected credit losses based on all reasonable and supportable information, including forward-looking information[137] - The company recognizes impairment losses for inventory when the cost exceeds the net realizable value, impacting profit or loss for the period[147] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[78] - The company plans to expand its market presence and invest in new product development[90]