Increase(SZ:300713)2022-08-22 16:00Financial Performance - The company's operating revenue for the first half of 2022 was ¥148,335,476.91, representing a 21.71% increase compared to ¥121,874,309.21 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was -¥8,052,594.00, a decrease of 184.36% from ¥9,545,382.05 in the previous year[23]. - The cash flow from operating activities showed a net outflow of -¥8,529,089.25, down 156.82% from a positive cash flow of ¥15,010,317.24 in the same period last year[23]. - The basic earnings per share were -¥0.0510, a decline of 184.30% compared to ¥0.0605 in the previous year[23]. - The total revenue for the first half of 2022 was reported at 279,017,091.00 CNY, a decrease of 10.36% compared to 311,247,625.60 CNY in the same period last year[79]. - The company's operating costs increased by 35.51% to CNY 116,640,325.67, primarily due to increased sales orders and rising raw material prices[68]. - The gross profit margin for electric vehicle charging products decreased by 6.73% to 19.36%, while the gross profit margin for power operation power supplies decreased by 6.35% to 33.57%[70]. - The company reported a total revenue of approximately 640.99 million yuan for the first half of 2022, reflecting a year-on-year increase of 26%[106]. - The company reported a total revenue of 1.5 billion RMB for the first half of 2022, representing a year-on-year increase of 20%[146]. Assets and Liabilities - Total assets at the end of the reporting period were ¥991,348,532.22, a slight increase of 0.31% from ¥988,262,890.00 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company decreased by 0.90% to ¥722,650,596.80 from ¥729,198,399.97 at the end of the previous year[23]. - The company's financial assets decreased to 36,864,607.46 CNY, down 7.21% from 108,018,735.67 CNY, primarily due to a reduction in wealth management products[78]. - The total current assets decreased to CNY 569,567,255.75 from CNY 608,025,270.35 at the start of the year, indicating a decline of approximately 6.5%[197]. - Total liabilities rose to CNY 265,175,011.14, compared to CNY 255,543,832.74, indicating an increase of approximately 3.1%[199]. - Current liabilities amounted to CNY 225,197,291.82, up from CNY 214,973,413.20, showing a growth of around 4.6%[199]. Research and Development - Research and development expenses reached CNY 24,293,472.13, a 39.41% increase from CNY 17,426,086.62 in the previous year, accounting for 16.38% of total revenue[68]. - The total number of R&D personnel reached 143, accounting for 24.03% of the total workforce, indicating a stable and growing technical team[62]. - The company plans to invest 1.1 billion in research and development over the next two years to drive innovation[104]. - Investment in R&D increased by 30% year-on-year, focusing on new technologies in the smart device sector[146]. Market Position and Strategy - The company operates in the electrical machinery and equipment manufacturing industry, specifically in the smart high-frequency switching power supply sector[32]. - The company aims to become a leading supplier and solution provider in the power electronics industry, adhering to values of practicality, innovation, mutual benefit, and win-win cooperation[41]. - The company is actively involved in the technological innovation of electric vehicle charging equipment and has participated in the R&D of products for China's high-speed rail[40]. - The company is focusing on expanding its market presence and enhancing product offerings in the upcoming quarters[106]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[146]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company has maintained a stable governance structure, with no changes in the board of directors or senior management during the reporting period[126]. - The board of directors emphasized the importance of shareholder returns, committing to a minimum cash dividend payout ratio of 30% for the fiscal year 2022[148]. - The company is committed to ensuring that minority shareholders have the opportunity to express their opinions and that their legal rights are protected[151]. Future Outlook - The company provided a positive outlook for the second half of 2022, projecting a revenue growth of 15% to 20% compared to the first half[104]. - Future guidance indicates a cautious outlook due to market volatility and competition[200]. - The company expects a revenue growth of 25% for the second half of 2022, driven by new product launches and market expansion strategies[146]. Operational Efficiency - The company aims to reduce operational costs by 10% through efficiency improvements in the supply chain[104]. - The company is committed to optimizing product performance indicators, such as power density and output power range, to meet market demands[60]. - The company is focusing on strategic adjustments based on overall development needs to enhance fundraising project effectiveness[99]. Compliance and Risk Management - The company has established a strict accounts receivable management system to mitigate the risk of bad debts[118]. - The company has not reported any impairment provisions for overdue wealth management products, reflecting a stable financial position[101]. - The company has not faced any environmental penalties during the reporting period and complies with relevant environmental regulations[134].