Zhitong Financial APP News, Huafeng shares (002806.SZ) released a semi-annual report in 2023, during the reporting period, the company achieved operating income of 340 million yuan, an increase of 4.19% over the same period last year. The net loss of the shareholders belonging to the listed company is 29.0192 million yuan. The net loss after deducting non-recurrent profit and loss belonging to shareholders of listed companies was 30.8478 million yuan, an increase of 243.24% over the same period last year. The basic loss per share is 0.15 yuan.
The main reasons for the decline in performance in the reporting period are as follows: (1) in terms of electrode foil, due to the reduced demand for consumer electronic products, the sales of electrode foil decreased, and the sales revenue during the reporting period decreased by 7.27% compared with the same period last year. In order to maintain orders, the sales price of the product was reduced across the board. Due to insufficient start-up, fixed cost allocation is higher, resulting in higher unit cost and lower gross profit margin. (2) for new energy vehicles, the sales revenue of the company's new energy vehicle business increased by 19.75% during the reporting period. in order to meet the rapidly growing order demand, the company increased the investment in production capacity infrastructure, all kinds of testing equipment and hardware investment in new production lines. In order to improve the competitiveness of products, the company continues to maintain new product development and core technology research and development investment. With the substantial increase in production and sales in the new energy vehicle industry and the reduction in vehicle prices, the gross profit margin of spare parts products has also decreased rapidly, and the company's products have been affected accordingly. (3) the company's profits dropped sharply compared with the same period last year, mainly due to the decline in electrode foil profits and the reduction of 10.2175 million yuan in government subsidies.