申科股份(002633) - 2023 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2023 was ¥131,318,913.77, representing a 36.35% increase compared to ¥96,312,495.23 in the same period last year[19]. - The net profit attributable to shareholders was a loss of ¥7,844,397.42, an improvement of 31.27% from a loss of ¥11,412,729.19 in the previous year[19]. - The net cash flow from operating activities was negative at ¥19,966,963.28, a decline of 144.17% compared to a negative cash flow of ¥8,177,466.02 in the same period last year[19]. - The total assets at the end of the reporting period were ¥628,275,169.53, down 3.14% from ¥648,637,830.10 at the end of the previous year[19]. - The net assets attributable to shareholders decreased by 1.82%, from ¥431,283,627.53 to ¥423,439,230.11[19]. - The basic and diluted earnings per share were both reported at -¥0.0523, an improvement of 31.27% from -¥0.0761 in the previous year[19]. - The company reported a total of ¥1,846,576.53 in non-recurring gains and losses, including government subsidies and tax refunds[23]. - The weighted average return on net assets was -1.84%, an improvement from -2.46% in the previous year[19]. Operational Costs and Expenses - Operating costs rose by CNY 32.27 million, reflecting a year-on-year increase of 42.52%[34]. - Research and development expenses decreased by CNY 2.18 million, a decline of 2.45% compared to the previous year[34]. - Operating costs increased to ¥108,159,254.72, up 42.52% from ¥75,888,857.10, primarily due to the increase in sales revenue[37]. - Research and development expenses for the first half of 2023 were ¥8,678,612.30, slightly down from ¥8,896,122.74 in the previous year[127]. Cash Flow and Financing Activities - The net cash flow from financing activities rose by CNY 15.27 million, marking a year-on-year increase of 301.24%[35]. - The net cash flow from investment activities increased by CNY 3.19 million, showing a significant growth of 5,437.36% year-on-year[34]. - The company reported a significant increase in cash flow from investing activities, amounting to ¥3,130,720.00, a 5,437.36% increase from -¥58,656.72[37]. - The company raised 52,000,000.00 CNY through borrowings, compared to 60,500,000.00 CNY in the previous year, indicating a decrease in financing activities[135]. - The total cash inflow from financing activities was 52,000,000.00 CNY, while the cash outflow was 36,443,807.23, resulting in a net cash flow of 15,556,192.77, up from 3,806,129.23 in the previous period[137]. Market Position and Strategy - The company is recognized as a key player in the thick-walled sliding bearing sector and holds a leading position in technology development and production processes[31]. - The company has established strong relationships with major clients including Shanghai Electric and GE, enhancing its market presence[33]. - The company plans to enhance product quality and brand influence to maintain market share amid increasing competition in the sliding bearing industry[55]. - The company aims to reduce reliance on major customers by developing new products and expanding its customer base[55]. - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[144]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[144]. Compliance and Governance - The company has complied with environmental regulations and has not faced any administrative penalties related to environmental issues[64]. - The company strictly adheres to national labor laws and regulations, ensuring legal and compliant labor relations with all employees[67]. - The company has taken corrective measures regarding the non-operating fund occupation, including establishing a risk prevention team and ensuring full repayment of occupied funds[76]. - The company will enhance governance and compliance training for key personnel to prevent future violations and protect shareholder interests[80]. - The financial statements comply with the requirements of the accounting standards, reflecting the company's financial position, operating results, and cash flows accurately[156]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 8,489[104]. - The largest shareholder, He Quanbo, holds 28.12% of the shares, totaling 42,187,466 shares[104]. - The second-largest shareholder, Beijing Huachuang Yisheng Asset Management Center, holds 13.76% with 20,643,750 shares[104]. - The total number of shares outstanding is 150,000,000, with 99.61% being unrestricted shares[102]. - The company has not experienced any changes in its controlling shareholder during the reporting period[107]. Assets and Liabilities - The total assets at the end of the reporting period were 755.00 million yuan, reflecting a stable asset base[144]. - Total liabilities were CNY 204,835,939.42, down from CNY 217,354,202.57, reflecting a decrease of about 5.7%[120]. - The company reported a net loss of CNY 67,469,753.19 as of June 30, 2023, compared to a loss of CNY 59,625,355.77 at the beginning of the year[120]. - The total equity attributable to shareholders at the end of the reporting period was RMB 477.7 million[150]. Accounting Policies - The company adopts the Chinese Yuan (RMB) as its functional currency for accounting purposes[159]. - The company includes all subsidiaries under its control in the consolidated financial statements[162]. - Financial assets are classified into three categories upon initial recognition: measured at amortized cost, measured at fair value with changes recognized in other comprehensive income, and measured at fair value with changes recognized in profit or loss[165]. - The company recognizes goodwill when the acquisition cost exceeds the fair value of identifiable net assets acquired in a business combination[161]. - The company employs a perpetual inventory system for inventory management[181].