CSI Intelligent Finance News Mingjiahui (300506) disclosed its 2022 semi-annual report on August 30. In the first half of 2022, the company achieved a total operating income of 149 million yuan, a year-on-year decrease of 61.56%; a net profit attributable to shareholders was 37.5905 million yuan, a profit of 6.3478 million yuan in the same period last year; a net profit of 38.798 million yuan was lost to RMB 38.798 million, a profit of 20.3298 million yuan in the same period last year; a net cash flow generated by operating activities was -58.1899 million yuan, a year-on-year decrease of -14.3290 million yuan; during the reporting period, Mingjiahui's basic earnings per share was -0.05 yuan, and a weighted average return on equity was -3.64%.
semi-annual report stated that the company's main business is the design and construction of lighting projects; the research and development, production and sales of lighting products; contract energy management and smart lamp poles, cultural and tourism night travel business.
According to the semi-annual report, the company achieved total operating income of 20.0683 million yuan in the second quarter, a year-on-year decrease of 74.29% and a month-on-month decrease of 84.40%; net profit attributable to shareholders was -50.2608 million yuan, a year-on-year decrease of 11.92% and a month-on-month decrease of 496.68%; net profit excluding non-network was -50.6237 million yuan, a year-on-year decrease of 62.94% and a month-on-month decrease of 528.08%.
In the first half of 2022, the company's gross profit margin was 29.03%, a year-on-year decrease of 2.13 percentage points; the net profit margin was -25.28%, a decrease of 26.07 percentage points from the same period last year. Judging from the single-quarter indicators, the company's gross profit margin in the second quarter of 2022 was 7.37%, an increase of 17.53 percentage points year-on-year and a decrease of 25.04 percentage points month-on-month; the net profit margin was -250.43%, a decrease of 188.75 percentage points from the same period last year and a decrease of 260.28 percentage points from the previous quarter.
In the second quarter of 2022, the company's return on net assets was -4.83%, a year-on-year decrease of 1.54 percentage points and a month-on-month decrease of 6.03 percentage points.
In the first half of 2022, the company's net cash flow for operating activities was -58.1899 million yuan, a year-on-year decrease of 43.8609 million yuan, mainly due to the decrease in cash received from selling goods and providing services in this period; the net cash flow for financing activities was -89.8659 million yuan, a year-on-year increase of 182 million yuan, mainly due to the decrease in cash received from borrowings in this period and the increase in cash paid for repaying debts; the net cash flow for investment activities was -7.1642 million yuan, compared with -46.1572 million yuan in the same period last year, mainly due to the decrease in cash paid by other long-term assets in this period.
In the first half of 2022, the company's operating income cash ratio was 138.92%.
As for major changes in assets, as of the end of the second quarter of 2022, the company's cash and funds decreased by 61.18% from the end of the previous year, accounting for 6.41 percentage points of the company's total assets, mainly due to the repayment of bank loans in this period.
Judging from the inventory changes, as of the end of the first half of 2022, the company's book balance of inventory was 42.5588 million yuan, accounting for 4.19% of its net assets, a decrease of 1.3396 million yuan from the end of the previous year. Among them, the inventory impairment provision was 12.8053 million yuan, and the provision ratio was 30.09%. In terms of debt repayment ability, the company's debt-to-asset ratio at the end of the second quarter of 2022 was 50.56%, a decrease of 2.93 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio was 6.88%, a decrease of 2.73 percentage points from the end of the previous year.
semi-annual report shows that among the top ten circulating shareholders of the company at the end of the first half of 2022, the new shareholders were MORGAN STANLEY CO. INTERNATIONAL PLC., Yu Honggao, and Chen Qiaolian, replacing Xu Jianping, Liao Haibo and Shen Shaowu at the end of the first quarter. In terms of specific shareholding ratios, He Jie's shareholding has decreased.
| Shareholder name | Sales hold (ten thousand shares) | Sales account for the total share capital (%) | Variation ratio (%) |
|---|---|---|---|
| China Emerging Group Co., Ltd. | 7455.67 | 10.718382 | 1Unchanged |
| 1Cheng Zongyu | 359 4.05 | 5.16686 | unchanged |
| 1.46249 | 1427.51 | 2.052206 | -0.22 |
| 1 Liu Chenglin | 1017.3 | 1.46249 | unchanged |
| MORGAN STANLEY CO. INTERNATIONAL PLC. | 654.76 | 0.941288 | New |
| 日本 | 508.59 | 0.731153 | unchanged | Gu Guangxiu | 425.44 | 0.611619 | unchanged |
| Yinhua Fund-Beijing Chengtong Financial Holding Investment Co., Ltd.-Yinhua Fund-Chengtong Financial Holding No. 4 Single Asset Management Plan | 400 | 10.575046unchanged | |
| 1 Yu Honggao | 379 | 0.544856 | new |
| Chen Qiaolian | 376 | 10.540543New |
In terms of chip concentration, as of the end of the second quarter of 2022, the company's total number of shareholders was 25,700, a decrease of 2,217 from the end of the first quarter, a decrease of 7.96%; the average shareholding market value increased from 152,000 yuan at the end of the first quarter to 183,600 yuan, an increase of 20.79%.
