Financial Performance - The company's operating revenue for the first half of 2022 was ¥310,887,862.32, representing a 20.53% increase compared to ¥257,931,469.05 in the same period last year[22]. - The net profit attributable to shareholders was ¥41,754,124.48, a 4.92% increase from ¥39,794,472.34 year-on-year[22]. - The net profit after deducting non-recurring gains and losses was ¥38,387,986.90, up 9.33% from ¥35,111,430.39 in the previous year[22]. - The total assets at the end of the reporting period reached ¥1,292,213,720.09, a significant increase of 94.66% from ¥663,831,378.21 at the end of the previous year[22]. - The net assets attributable to shareholders increased by 142.37% to ¥1,079,510,837.82 from ¥445,393,339.27 at the end of the previous year[22]. - The company reported a basic earnings per share of ¥0.6004, down 17.87% from ¥0.731 in the previous year[22]. - The company achieved a revenue of ¥310,887,862.32, representing a year-on-year increase of 20.53% compared to ¥257,931,469.05 in the same period last year[37]. - The company's gross profit margin for monochrome LCD screens was 25.62%, with a year-on-year increase of 4.77% in revenue and a 9.88% increase in cost[40]. - The total profit for the first half of 2022 was ¥47,227,898.46, compared to ¥45,797,162.78 in the first half of 2021, marking a 3.1% increase[139]. - The company reported a financial expense of -¥4,927,738.14, a significant improvement from a financial expense of ¥1,117,280.23 in the previous year[139]. - The company achieved a comprehensive income total of ¥41,762,729.80, compared to ¥39,793,912.47 in the first half of 2021, reflecting a growth of 4.9%[140]. - The total comprehensive income for the first half of 2022 was 762.72 million yuan, reflecting a growth of 9.8% compared to the previous year[152]. - The net profit attributable to shareholders for the first half of 2022 was 614 million yuan, an increase of 4.4% year-on-year[152]. Cash Flow and Financing - The company reported a significant increase in cash flow from financing activities, amounting to ¥585,768,144.99, a 4,571.26% increase compared to a negative cash flow of ¥13,100,745.82 in the previous year[38]. - The company's cash and cash equivalents increased to ¥201,727,539.68, a 1,453.13% increase from a negative balance of ¥14,908,249.36 in the previous year[38]. - The company reported a net increase in cash and cash equivalents for the first half of 2022 was CNY 201,727,539.68, compared to a decrease of CNY 14,908,249.36 in the same period last year[147]. - Cash inflow from financing activities amounted to CNY 640,678,928.31, with a net cash flow of CNY 585,768,144.99 after outflows[147]. - The ending balance of cash and cash equivalents was CNY 260,211,488.14, significantly higher than CNY 57,894,744.16 at the end of the first half of 2021[147]. Research and Development - Research and development expenses increased by 21.09% to ¥14,727,254.74 from ¥12,162,275.52 in the previous year[38]. - The company has 19 invention patents and 42 utility model patents, highlighting its commitment to innovation in the customized LCD display sector[32]. - The company focuses on high-precision technologies for automotive displays and has achieved significant application results in the automotive electronics field[30]. - The company has developed a new large-size VA LCD display for automotive applications, which significantly reduces production costs while improving performance metrics compared to traditional TFT displays[34]. - The company plans to enhance its technological capabilities through continuous R&D investment and optimize its product structure to seek new profit growth points[69]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[4]. - The report includes a section on risks faced by the company and corresponding countermeasures[4]. - The company faces risks from recurring COVID-19 outbreaks and international trade environment changes, which could impact revenue in key markets like Japan[65]. - The company is at risk of declining gross margins due to rising raw material costs and increasing market competition[67]. - The company has a significant portion of its revenue from overseas sales, which could be affected by adverse changes in the political and economic environment of those regions[68]. Corporate Governance - The financial report is guaranteed to be true, accurate, and complete by the board of directors and senior management[4]. - The report indicates that all directors attended the board meeting to review the report[4]. - The company held its first extraordinary general meeting on March 21, 2022, with an investor participation rate of 75.02%[72]. - The annual general meeting for 2021 was held on April 20, 2022, with a participation rate of 71.32%[72]. - The company has established a complete and effective management system to enhance energy management and efficiency evaluation[78]. Shareholder Information - The company’s stock code is 301106, and it is listed on the Shenzhen Stock Exchange[17]. - The company has maintained 100% of its shares as limited sale conditions, with no shares released during the reporting period[115]. - The shareholder structure includes 54,440,001 shares held by domestic investors, accounting for 75% of total shares[110]. - The largest shareholder, Jiangsu Junchen Electronic Technology Co., Ltd., holds 28.26% of the shares, totaling 20,441,794 shares[119]. - The combined shareholding of the actual controllers, Ying Fa Xiang and Bo Yu Juan, is 51,740,001 shares, accounting for 71.28% of the total share capital[119]. Capital Management - The total amount of raised funds is RMB 61,413.07 million, with RMB 10,447.18 million invested during the reporting period[53]. - The cumulative amount of raised funds invested is RMB 10,447.18 million, with no changes in the use of raised funds reported[53]. - As of the end of the reporting period, the unutilized balance of raised funds is RMB 51,157.42 million, including RMB 11,157.42 million in bank deposits and RMB 40,000.00 million in financial products[54]. - The company has committed to invest RMB 35,000 million in the vehicle-mounted liquid crystal display module project, with 23.74% of the investment completed by June 2023[56]. - The company has also committed RMB 6,000 million for TN and HTN product production, with 35.61% of the investment completed by December 2022[56]. Compliance and Reporting - The half-year financial report has not been audited[87]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[78]. - The company did not engage in any major related party transactions during the reporting period[90]. - The company has not reported any major risks or changes in contract performance during the period[108]. - The financial statements are prepared based on the going concern principle, confirming the company's ability to continue operations for at least 12 months from the reporting date[170].
骏成科技(301106) - 2022 Q2 - 季度财报