Summary by Moomoo AI
In the first half of 2024, Zhejiang Shibao achieved revenue of RMB 1,126,360,975.88, a year-on-year increase of 54.73%. The gross profit of the main business was RMB 198,377,735.30, an increase of RMB 88,513,370.70 year-on-year. The company's research and development expenses were RMB 64,477,581.03, an increase of 28.21% year-on-year. Finance costs were RMB 612,671.39, a decrease of 79.96% year-on-year. Income tax expenses were RMB -3,086,485.99, a decrease year-on-year. The net profit attributable to shareholders of the listed company was RMB 66,887,755.99, an increase of 237.18% year-on-year. The net cash flow from operating activities was RMB 15,607,460.23, an increase of 125.21% year-on-year. The net increase in cash and cash equivalents was RMB 92,079,739.64, an increase of 855.21% year-on-year.