巨力索具布局深海背后：上半年扣非后归母净利仅500多万元

Core Viewpoint - The company, JiuLi Rigging Co., Ltd. (002342.SZ), aims to leverage its existing advantages to enter the marine engineering equipment sector, asserting its unique position in the deep-sea mooring market [2][3]. Group 1: Business Strategy and Market Position - JiuLi Rigging is currently the only company with the capability to design and manufacture complete mooring systems, positioning itself as irreplaceable in the future deep-sea mooring market [2][3]. - The company plans to actively promote its products in various applications, including offshore wind power, aquaculture, and offshore photovoltaics, capitalizing on favorable government policies supporting deep-sea technology and marine economy [3][4]. Group 2: Financial Performance - In the first half of the year, JiuLi Rigging reported an operating income of approximately 1.14 billion yuan, a year-on-year increase of 17.45%, while the net profit attributable to shareholders after deducting non-recurring gains and losses was 5.60 million yuan, reflecting a significant year-on-year growth of 450.30% [5]. - The company's gross profit margin stood at 18%, with a net profit margin of only 0.82% [5]. Group 3: Cash Flow and Receivables Management - The cash received from sales and services amounted to 0.95 billion yuan, marking a 17.22% increase year-on-year, while accounts receivable rose to 1.32 billion yuan, a 15.99% increase [6]. - The company has prioritized accounts receivable management, with 74% of the accounts receivable balance being less than one year old, indicating a low risk of bad debts [6]. Group 4: Cost Structure - The total cost for the first half of the year was approximately 1.13 billion yuan, up 15.47% year-on-year, with operating costs increasing by 22.15% to 0.93 billion yuan [7]. - Sales expenses decreased by 23.49% to 0.077 billion yuan, while management expenses fell by 7.60% to 0.060 billion yuan; however, research and development expenses surged by 96.72% to 0.011 billion yuan [7].