BYBON(SZ:300736)2023-08-28 16:00Financial Performance - The company achieved operating revenue of RMB 296.87 million in the first half of 2023, representing a year-on-year increase of 155.94%, surpassing the total revenue for the entire year of 2022[4]. - The net profit attributable to shareholders was a loss of RMB 17.97 million, a decrease of 5.07% compared to the same period last year[19]. - The net cash flow from operating activities improved significantly, reaching RMB 1.59 million, compared to a negative RMB 16.87 million in the previous year, marking a 109.44% increase[19]. - The company's revenue for the reporting period was ¥296,865,172.07, representing a year-on-year increase of 155.94% compared to ¥115,988,057.93 in the same period last year, primarily due to significant growth in alliance business[38]. - Operating costs increased to ¥271,122,114.50, a rise of 174.42% from ¥98,796,758.98, reflecting the corresponding increase in costs associated with the alliance business[38]. - The net loss for the first half of 2023 was CNY 17,968,033.31, slightly higher than the net loss of CNY 17,101,575.90 in the first half of 2022[124]. - The company reported a total comprehensive loss of ¥14,993,848.75 for the first half of 2023, compared to a loss of ¥16,802,484.66 in the previous year[128]. Business Operations - The significant growth in alliance business was driven by the expansion of store numbers and increased sales per store, despite a decline in Apple authorized repair services in some regions[5]. - The company closed 34 stores during the reporting period, resulting in a one-time operating expense of RMB 1.67 million, to focus resources on more profitable locations[5]. - The company operates 83 authorized service stores and has developed 1,891 alliance stores across 31 provinces in China, enhancing its service network[28]. - The alliance business model has led to continuous growth in single-store sales, with the integration of original factory repairs and peripheral products[30]. - The company has introduced multiple new service products, enhancing consumer engagement and empowering alliance stores to capture more business opportunities[31]. - The digital transformation of store management has improved operational efficiency, impacting key metrics such as inventory turnover and appointment booking rates[31]. Financial Position - Total assets decreased by 13.19% to RMB 168.44 million compared to the end of the previous year[19]. - The company's cash and cash equivalents increased by ¥6,075,696.75, compared to a decrease of ¥77,790,382.15 in the previous period, reflecting ongoing growth in alliance business and repayment of bank loans[38]. - The total amount of short-term loans decreased by 10.26% to zero from ¥19,911,655.12, as the company repaid loans from Nanjing Bank and Xiamen Bank during the reporting period[42]. - The company's total assets amounted to CNY 168,437,254.36, a decrease from CNY 194,029,101.67 at the beginning of the year, reflecting a decline of approximately 13.2%[116]. - The company's current assets totaled CNY 125,308,668.46, down from CNY 141,867,962.14 at the start of the year, indicating a decrease of about 11.6%[116]. - The total liabilities decreased to CNY 35,640,728.85 as of June 30, 2023, from CNY 54,573,926.05 at the beginning of the year, a reduction of about 34.6%[122]. Investment and R&D - Research and development expenses reached ¥7,319,965.64, marking a 100% increase from zero in the previous year, driven by ongoing investments in digital system construction[38]. - Research and development expenses for the first half of 2023 were CNY 7,319,965.64, indicating a commitment to innovation and product development[124]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for this period[7]. - The total number of shares before the change was 130,065,904, with no change in total shares after the adjustment[99]. - The number of restricted shares decreased from 1,831,312 to 1,384,546, a reduction of 446,766 shares, representing a decrease of approximately 24.4%[101]. - The largest shareholder, Beijing Da'an Century Investment Management Co., Ltd., holds 24.36% of the shares, totaling 31,683,863 shares, with 8,330,000 shares pledged[103]. - The total number of shareholders at the end of the reporting period was 6,583[103]. Compliance and Governance - The company emphasizes timely and accurate information disclosure and effective communication with investors through various channels[70]. - The financial statements were prepared in accordance with the accounting standards set by the Ministry of Finance, ensuring compliance and accuracy[161]. - The company has been listed on the Shenzhen Stock Exchange since January 9, 2018, under the stock code 300736, enhancing its market visibility[158]. Environmental and Social Responsibility - The company does not belong to the key pollutant discharge units and has not faced any environmental penalties during the reporting period[69]. - The company has completed repairs for 139,800 mobile phones and tablets during the reporting period, contributing to its environmental responsibility[69].