ENJOYOR(SZ:300020)2023-08-28 16:00Financial Performance - The company's operating revenue for the first half of 2023 was CNY 1,052,120,132.93, representing a 13.28% increase compared to CNY 928,778,365.93 in the same period last year[21]. - Net profit attributable to shareholders was CNY 84,552,491.98, up 20.76% from CNY 70,019,320.39 year-on-year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥83,459,320.10, up 16.49% year-on-year[33]. - The total operating revenue for the first half of 2023 reached ¥1,052,120,132.93, an increase of approximately 13.3% compared to ¥928,778,365.93 in the same period of 2022[140]. - The total operating costs amounted to ¥949,649,977.63, up from ¥843,430,553.88, indicating a rise of about 12.6% year-over-year[140]. - The total comprehensive income for the first half of 2023 was ¥82,733,411.33, compared to ¥68,172,345.35 in the same period of 2022, reflecting a growth of 21.4%[142]. - The company reported a total profit of ¥94,888,647.01, compared to ¥80,025,663.74 in the same period last year, marking a growth of 18.6%[1]. Cash Flow - The net cash flow from operating activities was negative at CNY -113,740,671.71, a significant decrease of 10,696.57% compared to CNY 1,073,372.89 in the previous year[21]. - The net cash flow from operating activities for the first half of 2023 was -113,740,671.71 CNY, compared to a positive 1,073,372.89 CNY in the same period of 2022, indicating a significant decline[147]. - Total cash inflow from operating activities decreased to 893,309,662.70 CNY in 2023 from 1,003,106,407.47 CNY in 2022, a drop of approximately 11.0%[147]. - Cash outflow from operating activities increased to 1,007,050,334.41 CNY in 2023, up from 1,002,033,034.58 CNY in 2022, resulting in a net cash outflow[147]. - The net cash flow from investing activities was -38,041,065.85 CNY in the first half of 2023, compared to a positive 22,128,531.26 CNY in the same period of 2022[148]. - Cash inflow from financing activities totaled 2,051,152,109.59 CNY in 2023, significantly higher than 1,197,122,616.83 CNY in 2022, marking an increase of approximately 71.5%[148]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 7,512,012,505.26, an increase of 14.43% from CNY 6,564,708,565.83 at the end of the previous year[21]. - The company's total assets amounted to ¥7,832,809,489.66, compared to ¥6,802,897,980.45 at the beginning of the year, reflecting an increase of approximately 15.1%[139]. - The company's total liabilities decreased to ¥4,080,559,214.74 from ¥4,200,000,000.00, showing a reduction of approximately 2.9%[134]. - The total liabilities decreased to ¥3,007,776,024.93 from ¥3,059,817,265.42, showing a reduction of about 1.7%[139]. - The company's current assets totaled ¥5,380,559,213.74 as of June 30, 2023, compared to ¥4,459,026,123.71 at the beginning of the year, indicating an increase of about 20.7%[133]. Research and Development - Research and development investment increased significantly by 39.38%, amounting to ¥79,030,572.82, up from ¥56,702,320.50 in the previous year[42]. - The company has allocated 1.2 million for research and development to enhance its product offerings[154]. - The company has allocated 1.3 million for research and development in new technologies this year[157]. - The company emphasizes R&D investment to enhance its technological capabilities and maintain a competitive edge in the digital city sector[38]. Strategic Initiatives - The company is a leading digital city construction and operation service provider in China, focusing on smart governance, smart transportation, and smart health sectors[31]. - The company plans to temporarily use RMB 20,000,000 of idle raised funds to supplement working capital, with a usage period not exceeding 12 months[55]. - The company is focusing on expanding its market presence by selecting high-quality clients and diversifying its investments across various sectors to reduce policy-related risks[64]. - The company is exploring potential mergers and acquisitions to strengthen its market position and drive growth[154]. - The company plans to expand its market presence through new product launches and technological advancements in the upcoming quarters[154]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for this period[5]. - The company held its annual general meeting on May 16, 2023, with an investor participation rate of 12.61%[72]. - The company’s stock was listed on May 18, 2023, following the approval from the China Securities Regulatory Commission on March 17, 2023[117]. - The company has a significant number of restricted shares set to be released on November 20, 2023, totaling 138,888,888 shares[116]. - The company’s shareholder structure includes multiple institutional investors, indicating strong institutional interest[116]. Risk Management - The company has identified risks including policy risks, core personnel turnover risks, and business model innovation risks, urging investors to be cautious[4]. - The company has implemented a talent retention strategy, including stock incentives and employee shareholding plans, to mitigate the risk of core personnel turnover[65]. - The company aims to balance its existing business with new growth opportunities in software support and data operation services to minimize risks associated with business model innovation[68]. Compliance and Governance - The financial statements are prepared based on the assumption of going concern, indicating no significant doubts about the company's ability to continue operations for the next 12 months[176]. - The financial reports comply with the requirements of the accounting standards and accurately reflect the financial position and performance as of June 30, 2023[178]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[80]. - The company emphasizes transparency and timely information disclosure to investors through various communication channels[81].