CSI Intelligent Finance Bojie Co., Ltd. (002975) disclosed its 2022 semi-annual report on August 30. In the first half of 2022, the company achieved a total operating income of 525 million yuan, a year-on-year decrease of 3.76%; net profit attributable to shareholders was 82.5812

CSI Intelligent Finance Bojie Co., Ltd. (002975) disclosed its 2022 semi-annual report on August 30. In the first half of 2022, the company achieved total operating income of RMB 525 million, a year-on-year decrease of 3.76%; net profit attributable to shareholders was RMB 82.5812 million, a year-on-year decrease of 18.99%; net profit excluding non-operating items was RMB 68.9848 million, a year-on-year decrease of 25.67%; net cash flow generated by operating activities was RMB 44.0679 million, a year-on-year decrease of 17.82%; during the reporting period, Bojie Co., Ltd.'s basic earnings per share was RMB 0.6, and the weighted average return on assets was RMB 5.09%.

According to the announcement, the company is a high-tech enterprise focusing on industrial automation, intelligent equipment and system solutions in the field of intelligent manufacturing. Its business covers the research and development, production, sales and related technical services of equipment, helping customers improve production efficiency and product yield. The company has been deeply engaged in the field of intelligent manufacturing for nearly 20 years and has a prominent industry position. Through years of experience in non-standard equipment research and development and industry application, it has summarized and formed platform modules such as motion control, artificial intelligence, robot software algorithms, as well as various functional technical modules such as radio frequency, acoustics, electrical, and optics. Based on the technology concentric circle strategy, the company uses platform-based and modular technologies and adopts the "building building" method to achieve rapid delivery, rapid iteration, efficient and low-cost R&D and production, and thus forms strong ductility and competitiveness in industry application fields, customer development and new product development. It has also developed a variety of product series such as automated testing equipment, automated assembly equipment, industrial robots and full-line automation equipment, as well as high-tech and high-value-added intelligent manufacturing solutions.

According to the semi-annual report, the company achieved total operating income of 263 million yuan in the second quarter, an increase of 19.77% year-on-year and 0.10% month-on-month; net profit attributable to shareholders was 36.5493 ​​million yuan, an increase of 72.71% year-on-year and a decrease of 20.60% month-on-month; net profit excluding non-network was 35.3368 million yuan, an increase of 106.86% year-on-year and 5.02% month-on-month.

In the first half of 2022, the company's gross profit margin was 45.94%, a year-on-year decrease of 3.47 percentage points; the net profit margin was 15.56%, a decrease of 3.83 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 46.71%, a year-on-year decrease of 0.04 percentage points and a month-on-month increase of 1.54 percentage points; the net profit margin was 13.37%, a 2.68 percentage point increase from the same period last year and a 4.38 percentage point decrease from the previous quarter.

In the second quarter of 2022, the company's return on equity was 2.26%, up 0.74 percentage points year-on-year and down 0.59 percentage points month-on-month.

In the first half of 2022, the company's net cash flow for operating activities was 44.0679 million yuan, a year-on-year decrease of 17.82%; the net cash flow for financing activities was -78.3287 million yuan, a year-on-year decrease of 13.9594 million yuan; the net cash flow for investment activities was -298 million yuan, a year-on-year decrease of 91.8458 million yuan, mainly due to the increase in purchasing structured deposits and large-denomination certificates of deposit.

In the first half of 2022, the company's operating income cash ratio was 120.04%, and the net cash ratio was 53.36%.

In terms of major changes in assets, as of the end of the second quarter of 2022, the company's cash and funds decreased by 19.32% from the end of the previous year, accounting for 9.05 percentage points of the company's total assets, mainly due to the increase in purchasing structured deposits and the issuance of employee year-end bonuses.

In terms of major changes in liabilities, as of the end of the second quarter of 2022, the company's contract liabilities increased by 358.15% from the end of the previous year, accounting for 1.62 percentage points of the company's total assets, mainly due to the increase in advance accounts.

Judging from the inventory changes, as of the end of the first half of 2022, the company's inventory book balance was 328 million yuan, accounting for 20.46% of its net assets, an increase of 52.1642 million yuan from the end of the previous year. Among them, the inventory impairment provision was 7.7179 million yuan, and the provision ratio was 2.35%. In terms of debt repayment ability, the company's debt-to-asset ratio at the end of the second quarter of 2022 was 35.02%, an increase of 1.46 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio was 17.37%, an increase of 0.16 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 are Deyi Yuansheng No. 2 Private Equity Securities Investment Fund, Ju Wanjin, Huang Zhuo, Wu Zheyuan, and China Post Core Growth Mixed Securities Investment Fund, replacing Wu Hongzhi, Dacheng Business Selection Six-month Holding Period Mixed Securities Investment Fund, Chen Sien, Xingquan Huixiang One-time Holding Period Mixed Securities Investment Fund, and Dacheng Ruijing Flexible Allocation Mixed Securities Investment Fund at the end of the first quarter.In terms of specific shareholding ratios, the holdings of Hong Kong Central Clearing Co., Ltd. and Zeng Jia have increased, while the holdings of Zhejiang Quzhou Libaijia Huijin Equity Investment Management Partnership (Limited Partnership) have decreased.

In terms of chip concentration, as of the end of the second quarter of 2022, the total number of shareholders of the company was 17,200, an increase of 66 from the end of the first quarter, an increase of 0.38%; the average shareholding market value dropped from 353,900 yuan at the end of the first quarter to 310,000 yuan, a decrease of 12.40%.