Document And Entity Information
Document And Entity Information | 6 Months Ended |
Jun. 30, 2023 | |
Document Information Line Items | |
Entity Registrant Name | Jayud Global Logistics Limited |
Document Type | 6-K |
Current Fiscal Year End Date | --12-31 |
Amendment Flag | false |
Entity Central Index Key | 0001938186 |
Document Period End Date | Jun. 30, 2023 |
Document Fiscal Year Focus | 2023 |
Document Fiscal Period Focus | Q2 |
Entity File Number | 001-41656 |
Interim Condensed Consolidated
Interim Condensed Consolidated Balance Sheets | Jun. 30, 2023 CNY (¥) | Jun. 30, 2023 USD ($) | Dec. 31, 2022 CNY (¥) |
Current assets | |||
Cash | ¥ 16,650,244 | $ 2,304,277 | ¥ 27,939,170 |
Accounts receivable, net | 51,860,833 | 7,177,175 | 30,913,334 |
Accounts receivable - a related party | 1,676,016 | ||
Contract assets | 6,042,350 | 836,219 | 4,460,046 |
Prepaid expenses and other current assets, net | 19,383,550 | 2,682,547 | 12,210,990 |
Loan to a third party | 3,596,823 | 497,775 | |
Total current assets | 97,533,800 | 13,497,993 | 77,199,556 |
Non-current assets | |||
Property and equipment, net | 3,202,803 | 443,246 | 2,613,264 |
Intangible asset, net | 1,903,246 | 263,396 | 757,959 |
Operating right-of-use assets, net | 16,966,571 | 2,348,054 | 31,403,688 |
Deferred offering costs | 6,326,130 | ||
Deferred tax assets | 21,563 | 2,984 | 21,563 |
Refundable deposits | 1,963,450 | 271,728 | 3,002,260 |
Prepayment for acquisition | 3,596,823 | ||
Restricted cash | 501,695 | 69,431 | 501,071 |
Total non-current assets | 24,559,328 | 3,398,839 | 48,222,758 |
TOTAL ASSETS | 122,093,128 | 16,896,832 | 125,422,314 |
Current liabilities | |||
Short-term borrowings | 18,500,000 | 2,560,270 | 14,800,000 |
Current maturities of long-term borrowing | 600,000 | 83,036 | 600,000 |
Loan payable - a shareholder | 2,000,000 | 276,786 | |
Accounts payable - third parties | 21,084,567 | 2,917,956 | 18,147,774 |
Accounts payable - related parties | 16,337,417 | 2,260,984 | 7,425,184 |
Contract liabilities | 1,563,418 | 216,366 | 1,989,310 |
Accrued expenses and other current liabilities | 5,757,345 | 881,189 | 4,217,732 |
Other payables - related parties | 1,768,283 | 244,718 | 2,477,658 |
Other payables - shareholders | 6,956,371 | 962,713 | 6,980,836 |
Taxes payable | 234,460 | (51,965) | 2,130,433 |
Operating lease liabilities - current | 8,148,420 | 1,127,684 | 18,079,265 |
Total current liabilities | 82,950,281 | 11,479,737 | 76,848,192 |
Non-current liabilities | |||
Long-term borrowing | 4,100,000 | 567,411 | 4,400,000 |
Operating lease liabilities – non-current | 8,858,202 | 1,225,913 | 13,276,535 |
Total non-current liabilities | 12,958,202 | 1,793,324 | 17,676,535 |
Total liabilities | 95,908,483 | 13,273,061 | 94,524,727 |
Commitments and contingencies | |||
Shareholders’ Equity | |||
Additional paid in capital | 61,635,472 | 8,529,917 | 72,691,813 |
Subscription receivable | (34,823,000) | ||
Statutory reserves | 3,575,076 | 494,765 | 4,651,141 |
Accumulated deficit | (31,701,623) | (4,387,282) | (9,025,668) |
Accumulated other comprehensive loss | (2,434,162) | (336,871) | (181,546) |
Total Jayud Global Logistics Limited shareholders’ equity | 31,088,730 | 4,302,462 | 33,325,657 |
Non-controlling interests | (4,904,085) | (678,691) | (2,428,070) |
Total shareholders’ equity | 26,184,645 | 3,623,771 | 30,897,587 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | 122,093,128 | 16,896,832 | 125,422,314 |
Class A Ordinary shares | |||
Shareholders’ Equity | |||
Ordinary shares | 9,880 | 1,367 | 8,830 |
Class B Ordinary shares | |||
Shareholders’ Equity | |||
Ordinary shares | ¥ 4,087 | $ 566 | ¥ 4,087 |
Interim Condensed Consolidate_2
Interim Condensed Consolidated Balance Sheets (Parentheticals) - $ / shares | Jun. 30, 2023 | Dec. 31, 2022 |
Class A Ordinary shares | ||
Ordinary shares, par value (in Dollars per share) | $ 0.0001 | $ 0.0001 |
Ordinary shares, authorized | 480,000,000 | 480,000,000 |
Ordinary shares, issued | 14,942,623 | 13,590,400 |
Ordinary shares, outstanding | 14,942,623 | 13,590,400 |
Class B Ordinary shares | ||
Ordinary shares, par value (in Dollars per share) | $ 0.0001 | $ 0.0001 |
Ordinary shares, authorized | 20,000,000 | 20,000,000 |
Ordinary shares, issued | 6,409,600 | 6,409,600 |
Ordinary shares, outstanding | 6,409,600 | 6,409,600 |
Interim Condensed Consolidate_3
Interim Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) | 6 Months Ended | 12 Months Ended | |
Jun. 30, 2023 CNY (¥) ¥ / shares shares | Jun. 30, 2023 USD ($) $ / shares shares | Dec. 31, 2022 CNY (¥) ¥ / shares shares | |
Income Statement [Abstract] | |||
Revenues | ¥ 169,273,569 | $ 23,426,274 | ¥ 453,858,640 |
Revenues - related parties | 211,684 | 29,296 | 240,885 |
Total Revenues | 169,485,253 | 23,455,570 | 454,099,525 |
Cost of revenues | (135,861,069) | (18,802,218) | (329,776,581) |
Cost of revenues - related parties | (34,233,328) | (4,737,652) | (93,435,339) |
Total Cost of revenues | (170,094,397) | (23,539,870) | (423,211,920) |
Gross profit / (loss) | (609,144) | (84,300) | 30,887,605 |
Operating expenses | |||
Selling expenses | (6,373,345) | (882,026) | (8,288,836) |
Lease termination loss | (1,197,921) | (165,784) | |
General and administrative expenses | (14,622,729) | (2,023,683) | (9,223,117) |
Research and development expenses | (1,755,063) | (242,888) | (998,923) |
Total operating expenses | (23,949,058) | (3,314,381) | (18,510,876) |
Operating profit / (loss) | (24,558,202) | (3,398,681) | 12,376,729 |
Other income/ (expenses) | |||
Other income (expenses), net | (241,469) | (33,418) | 99,901 |
Foreign exchange gain (loss), net | (974,371) | (134,846) | 2,567,807 |
Financial expenses, net | (417,654) | (57,800) | (500,445) |
Total other income (expenses), net | (1,633,494) | (226,064) | 2,167,263 |
Income (loss) before income tax expense | (26,191,696) | (3,624,745) | 14,543,992 |
Income tax expenses | (36,339) | (5,029) | (4,927,596) |
Net income / (loss) | (26,228,035) | (3,629,774) | 9,616,396 |
Less: Net loss attributable to non-controlling interests | (2,476,015) | (342,663) | (536,719) |
Net income / (loss) attributable to the Jayud Global Logistics Limited’s ordinary shareholders | (23,752,020) | (3,287,111) | 10,153,115 |
Net income / (loss) | (26,228,035) | (3,629,774) | 9,616,396 |
Foreign currency translation adjustment, net of tax | (2,452,762) | (339,445) | (63,841) |
Total comprehensive income / (loss) | (28,680,797) | (3,969,219) | 9,552,555 |
Less: total comprehensive loss attributable to non-controlling interest | (2,476,015) | (342,663) | (536,719) |
Total comprehensive income / (loss) attributable to Jayud Global Logistics Limited’s ordinary shareholders | ¥ (26,204,782) | $ (3,626,556) | ¥ 10,089,274 |
Net income / (loss) per share | |||
Basic and diluted (in Dollars per share and Yuan Renminbi per share) | (per share) | ¥ (1.16) | $ (0.16) | ¥ 0.59 |
Weighted average shares | |||
Basic and diluted (in Shares) | 20,494,426 | 20,494,426 | 17,200,000 |
Interim Condensed Consolidate_4
Interim Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Parentheticals) | 6 Months Ended | 12 Months Ended | |
Jun. 30, 2023 $ / shares shares | Jun. 30, 2023 ¥ / shares shares | Dec. 31, 2022 ¥ / shares shares | |
Income Statement [Abstract] | |||
Diluted (in Dollars per share and Yuan Renminbi per share) | (per share) | $ (0.16) | ¥ (1.16) | ¥ 0.59 |
Diluted | 20,494,426 | 20,494,426 | 17,200,000 |