*ST和科(002816) - 2022 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2022 was ¥32,158,947.17, a decrease of 26.33% compared to ¥43,649,837.39 in the same period last year[21]. - The net loss attributable to shareholders was ¥21,528,815.21, representing a 23.25% increase in loss from ¥17,467,700.55 in the previous year[21]. - The basic and diluted earnings per share were both -¥0.22, a decline of 29.41% from -¥0.17 in the previous year[21]. - The company's gross profit margin for the main and other businesses was 18.84%, a decrease of 17.08% year-on-year[39]. - The total revenue for the first half of 2022 was 17,239 million RMB, with a net profit of 11,979 million RMB, reflecting a significant performance[52]. - The company reported a net profit for the first half of 2022 was -13,843,570.48 yuan, compared to -10,433,636.63 yuan in the same period of 2021, indicating a decline in profitability[146]. - The total comprehensive income for the first half of 2022 was -13,843,570.48 yuan, compared to -10,433,636.63 yuan in the previous year, showing a decline in overall financial performance[146]. Cash Flow and Assets - The net cash flow from operating activities increased significantly by 248.20%, reaching ¥63,470,997.61 compared to ¥18,228,555.50 in the same period last year[21]. - Cash and cash equivalents increased by 149.58% to ¥102,800,758, accounting for 22.55% of total assets, primarily due to received payments[43]. - Accounts receivable decreased by 51.30% to ¥76,072,404.7, representing 16.69% of total assets, mainly due to increased collections[43]. - The total assets at the end of the reporting period were ¥455,897,217.00, down 5.08% from ¥480,295,163.81 at the end of the previous year[21]. - The company's total cash and cash equivalents at the end of the period amounted to 36,079,698.03 RMB, an increase of 7,654,344.77 RMB from the beginning balance[150]. Investment and Projects - The company reported a total investment of ¥10,000,000 during the reporting period, marking a 100% increase compared to the previous year[46]. - The project in Dongguan reached an investment completion rate of 101.84%, with an actual investment of 9,165.4 million against a commitment of 9,000 million[51]. - The ultrasonic cleaning equipment project in Suzhou was terminated, with an investment of 1,071.1 million, representing a completion rate of 16.48%[51]. - The company has not experienced any significant changes in the investment projects, maintaining a stable investment strategy[51]. - The company completed the expansion project of its R&D design center, with surplus funds of 162.45 RMB transferred to the basic deposit account for permanent working capital[53]. Risks and Challenges - The company has outlined potential risks and countermeasures in its report, emphasizing the importance of investor awareness regarding investment risks[4]. - The company faces risks related to the slowdown in fixed asset investments from downstream customers, which could impact order volumes and overall performance[64]. - The company is at risk of bad debts or extended collection periods if downstream customers experience performance declines or increased competition, leading to financial strain[66]. - The company faces risks related to product quality control due to the highly customized nature of its products, which increases the difficulty of maintaining quality standards[68]. - The company faces risks of core management and technical talent loss due to increasing competition for mid-to-high-end talent in China, which may lead to performance decline[65]. Corporate Governance and Compliance - The company has established a robust corporate governance structure to protect the rights of shareholders and creditors, ensuring timely and accurate information disclosure[82]. - The company has no significant non-operating fund occupation by controlling shareholders or related parties[86]. - The company has not engaged in any significant related party transactions during the reporting period[95]. - The financial report for the first half of 2022 was not audited[130]. - The company maintains a commitment to transparency and compliance with the accounting standards set forth by the Ministry of Finance and the China Securities Regulatory Commission[171]. Market and Product Development - The company is focusing on expanding its product offerings in precision cleaning equipment, which is critical for various industrial applications[64]. - The company is actively engaged in research and development of new technologies and materials to maintain its competitive edge in the market[63]. - The company aims to expand its market presence through strategic partnerships and technological advancements in cleaning equipment[164]. - The company is exploring market expansion opportunities through strategic partnerships and potential acquisitions to enhance its market presence[63]. - The company did not report any new product developments or technological advancements in the current quarter[51].