YINGHE TECHNOLOGY(SZ:300457)2024-09-24 12:09Financial Performance - In the first half of 2024, the company achieved operating revenue of 4.427 billion CNY [1] - Net profit attributable to shareholders was 338 million CNY, a year-on-year increase of 13.46% [1] - Net profit excluding non-recurring gains and losses was 327 million CNY, up 24.04% year-on-year [1] - Basic earnings per share reached 0.52 CNY, reflecting a growth of 13.04% [1] Accounts Receivable Management - The company views the growth of accounts receivable as reasonable, aligning with revenue scale trends [1] - Bad debt provisions are tested according to accounting standards, with current provisions in line with industry peers, indicating manageable risk [1] - A comprehensive accounts receivable management system has been established, focusing on prevention, control, and assessment [1] Market Expansion - The company has strengthened its efforts to expand into overseas markets, including Europe, North America, Japan, South Korea, and Southeast Asia [2] - A global service management system was launched to enhance delivery operations, integrating sales, project management, and customer service [2] - In 2023, Skoll achieved operating revenue of 3.341 billion CNY, with 1.539 billion CNY in the first half of 2024 [2] - Skoll has made significant progress in the electronic cigarette market in countries like Poland, the Netherlands, and Belgium [2] Competitive Advantages - Skoll's unique advantage lies in its integrated model of production, research, and sales, which encompasses product design, independent R&D, manufacturing, sales, and brand management [2] - The company is actively expanding into new markets, including the United States, Russia, and Southeast Asia, in addition to Europe [2]