CSI Intelligent Finance News Leike Defense disclosed its 2022 semi-annual report on August 24. In the first half of 2022, the company achieved total operating income of 660 million yuan, a year-on-year increase of 7.08%;

CSI Intelligent Finance Reco Defense (002413) disclosed its 2022 semi-annual report on August 24. In the first half of 2022, the company achieved a total operating income of 660 million yuan, a year-on-year increase of 7.08%; net profit attributable to shareholders was 10.7945 million yuan, a year-on-year decrease of 83.47%; net profit excluding non-net profit was 901,500 yuan, a profit of 46.2241 million yuan in the same period last year; net cash flow generated by operating activities was -99.7069 million yuan, a year-on-year increase of -324 million yuan; during the reporting period, Rayke Defense's basic earnings per share was 0.01 yuan, and the weighted average return on assets was 0.22%.

During the reporting period, the company's total non-recurring gains and losses were RMB 11.696 million, of which the government subsidy included in the current profit and loss was RMB 15.1307 million, and the impact of minority shareholders' equity (after tax) was -1.5461 million.

According to the announcement, during the reporting period, the company's main businesses include related product research and development, manufacturing and sales of radar system business groups, intelligent control business groups, satellite application business groups, secure storage business groups, and intelligent networking business groups.

According to the semi-annual report, the company achieved total operating income of 330 million yuan in the second quarter, a year-on-year decrease of 20.13% and a month-on-month decrease of 0.17%; net profit attributable to shareholders was -15.2736 million yuan, a year-on-year decrease of 134.02% and a month-on-month decrease of 158.59%; net profit excluding non-network was -19.8081 million yuan, a year-on-year decrease of 159.75% and a month-on-month decrease of 204.77%.

In the first half of 2022, the company's gross profit margin was 40.73%, a year-on-year decrease of 2.62 percentage points; the net profit margin was 1.61%, a decrease of 8.54 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 44.15%, up 2.70 percentage points year-on-year and 6.84 percentage points month-on-month; the net profit margin was -5.25%, down 15.97 percentage points from the same period last year and 13.71 percentage points from the previous quarter.

In the second quarter of 2022, the company's return on equity was -0.30%, a year-on-year decrease of 1.24 percentage points and a month-on-month decrease of 0.82 percentage points.

In the first half of 2022, the company's net cash flow for operating activities was -99.7069 million yuan, an increase of 225 million yuan year-on-year; the net cash flow for financing activities was -65.2569 million yuan, a decrease of 612 million yuan year-on-year; the net cash flow for investment activities was -195 million yuan, compared with -396 million yuan in the same period last year.

In the first half of 2022, the company's operating income cash ratio was 105.25%, and the net cash ratio was -923.68%.

Judging from the inventory changes, as of the end of the first half of 2022, the company's inventory book balance was 1.122 billion yuan, accounting for 22.07% of its net assets, an increase of 85.7608 million yuan from the end of the previous year. Among them, the inventory impairment provision was 8.2274 million yuan, and the provision ratio was 0.73%. In terms of debt repayment ability, the company's debt-to-asset ratio at the end of the second quarter of 2022 was 22.67%, a decrease of 0.29 percentage points from the end of the previous year; the interest-bearing debt-to-asset ratio was 4.69%, a decrease of 0.88 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 shareholder was Hong Kong Central Settlement and Clearing Co., Ltd., replacing Beijing Leike Investment Management Center (Limited Partnership) at the end of the first quarter. In terms of specific shareholding ratio, Zeng Tao's shareholding has increased, while Beijing Leike Zhongtou Technology Development Center (Limited Partnership) has 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 111,300, a decrease of 3,224 households, a decrease of 2.81%; the average shareholding market value increased from 65,400 yuan at the end of the first quarter to 67,000 yuan, an increase of 2.45%.