证券代码：603939 证券简称：益丰药房 公告编号：2023-043 益丰大药房连锁股份有限公司 关于召开 2022 年度业绩暨现金分红说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 会议召开时间：2023 年 05 月 26 日(星期五)下午 15:00-16:30 会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频和网络互动 投资者可于 2023 年 05 月 18 日(星期四)至 05 月 25 日(星期四)16:00 前登录 上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ir@yfdyf.com 进 行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 益丰大药房连锁股份有限公司（以下简称"公司"）将于 2023 年 4 月 28 日发 布公司 2022 年度报告，为便于广大投资者更全面深入地了解公司 2022 年度经营 成果、财务状况，公司计划于 2023 年 05 月 26 ...

Financial Performance - The company achieved a net profit attributable to the parent company of CNY 1,265,609,879.99 in 2022, with a total distributable profit of CNY 3,720,020,128.04 at year-end[4]. - The company's operating revenue for 2022 was approximately ¥19.89 billion, representing a year-over-year increase of 29.75% compared to ¥15.33 billion in 2021[18]. - Net profit attributable to shareholders for 2022 was approximately ¥1.27 billion, a 42.54% increase from ¥887.88 million in 2021[19]. - The net profit after deducting non-recurring gains and losses was approximately ¥1.23 billion, reflecting a 43.27% increase from ¥858.72 million in 2021[19]. - The company generated a net cash flow from operating activities of approximately ¥3.92 billion, an increase of 82.34% compared to ¥2.15 billion in 2021[19]. - Basic earnings per share for 2022 were ¥1.76, a 40.80% increase from ¥1.25 in 2021[20]. - The weighted average return on equity increased to 15.82%, up 2.79 percentage points from 13.03% in 2021[20]. - The company's total assets reached approximately ¥21.04 billion, a 23.38% increase from ¥17.05 billion in 2021[19]. - The gross profit margin for the main business was 38.27%, a decrease of 0.19 percentage points compared to the previous year, primarily due to an increase in wholesale revenue proportion[59]. Store Expansion and Operations - The total number of stores increased by 2,459 to a total of 10,268 stores by the end of the reporting period, including 1,962 franchise stores[21]. - The company opened 2,816 new stores during the reporting period, including 1,241 self-built stores and 545 acquired stores[21]. - The company operates 10,268 retail pharmacies across ten provinces and municipalities, with a net increase of 2,459 stores during the reporting period, resulting in a year-on-year revenue growth of 29.75% and a net profit increase of 42.54%[48]. - The company has established seven modern logistics centers in Hunan, Hubei, Jiangsu, Shanghai, Jiangxi, Guangdong, and Hebei, enhancing its digital supply chain capabilities with advanced equipment and technology[46]. - The company has achieved a compound annual growth rate of 37.90% in store numbers from 2017 to 2022, demonstrating its effective chain replication and industry consolidation capabilities[49]. Risk Management and Compliance - There are no significant risks that materially affect the company's operations during the reporting period[5]. - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties[5]. - The company has maintained a standard unqualified audit opinion from Tianjian Accounting Firm[3]. - The board of directors and management have confirmed the authenticity, accuracy, and completeness of the annual report[2]. - The company has not violated decision-making procedures for external guarantees[5]. - The report includes a detailed description of potential risks in the "Management Discussion and Analysis" section[6]. Research and Development - The company invested CNY 25,309,639.00 in R&D, marking a 61.80% increase from the previous year[56]. - R&D expenses totaled ¥35,475,108.04, with capitalized R&D accounting for 56.09% of total R&D investment[67]. - The company has a total of 342 R&D personnel, making up 0.95% of the total workforce[68]. Corporate Governance - The company has established a performance evaluation system and transparent incentive mechanisms for its board members and senior management[110]. - The company held its first extraordinary general meeting on April 18, 2022, with 22 shareholders present, representing 66.78% of the voting rights, and approved one resolution regarding changes to the business scope and amendments to the Articles of Association[116]. - The company has conducted seven shareholder meetings during the reporting period, ensuring compliance with legal requirements and protecting shareholder rights[108]. Shareholder Engagement and Dividends - A cash dividend of CNY 4.00 per 10 shares (including tax) is proposed, with an expected total cash dividend distribution of CNY 288,681,972.00[4]. - The total cash dividend amount for 2022 is projected to be 288,681,972.00 RMB, which represents 22.81% of the net profit attributable to ordinary shareholders in the consolidated financial statements[147]. - The company has not made any adjustments to its cash dividend policy during the reporting period, adhering strictly to its established profit distribution policies[142]. Market Trends and Industry Insights - The Chinese pharmaceutical market is projected to grow from approximately $170 billion in 2021 to over $200 billion by 2026, indicating significant industry expansion potential[36]. - The retail pharmacy market in China reached sales of 542.1 billion yuan in 2022, reflecting a year-on-year increase of 10.2%, marking the best growth rate in five years[42]. - The integration of "Internet + healthcare" is driving the development of the pharmaceutical industry, with ongoing reforms enhancing market dynamics[36]. Digital Transformation and Innovation - The company has implemented a comprehensive digital transformation, enhancing operational efficiency and customer experience through data-driven strategies[32]. - The company is focused on digital transformation, aiming to create a digital high-efficiency service system to improve operational efficiency and reduce fulfillment costs[101]. - The company has integrated e-commerce into its retail strategy since 2013, evolving into a new retail model that combines online and offline services[47]. Environmental and Social Responsibility - The company invested 0 million yuan in environmental protection during the reporting period[155]. - The company promotes "green office" practices, with over 30,000 users in its collaborative office management system, significantly reducing paper usage[157]. - Energy-saving measures are strictly enforced, including controlling air conditioning usage and promoting water conservation[158].

Financial Performance - The company's operating revenue for Q1 2023 reached ¥5,266,053,201.98, representing a year-on-year increase of 26.94%[3] - The net profit attributable to shareholders was ¥336,477,177.44, reflecting a growth of 23.60% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was ¥321,446,423.67, which is a 20.80% increase year-on-year[3] - The basic earnings per share for the period was ¥0.47, up by 23.68% from the previous year[3] - Total revenue for Q1 2023 reached ¥5,266,053,201.98, a 27.0% increase from ¥4,148,494,215.04 in Q1 2022[20] - Net profit for Q1 2023 was ¥379,869,656.04, representing a 25.8% increase compared to ¥301,846,217.02 in Q1 2022[22] - Total profit for Q1 2023 was ¥500,816,745.84, up from ¥407,279,978.80 in Q1 2022, indicating a 23.0% growth[22] - Comprehensive income total for Q1 2023 was ¥470,476,565.53, compared to ¥301,846,217.02 in Q1 2022, showing a 55.9% increase[22] Cash Flow - The net cash flow from operating activities was ¥1,288,846,164.43, showing a significant increase of 98.87%[3] - Cash flow from operating activities for Q1 2023 was ¥1,288,846,164.43, a significant increase from ¥648,087,580.21 in Q1 2022[23] - The net cash flow from investing activities was -$1,313,579,823.08, compared to -$545,566,623.69 in the previous year, indicating a significant increase in cash outflow for investments[24] - The total cash outflow from investing activities was $1,381,141,313.01, compared to $614,232,584.77 in the same period last year, reflecting a substantial increase[24] - The net cash flow from financing activities was -$341,525,797.58, slightly higher than -$338,683,047.06 in the previous year[24] - The net decrease in cash and cash equivalents was -$366,259,456.23, compared to -$236,162,090.54 in the previous year, indicating a worsening cash position[24] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥21,399,378,617.37, a 1.71% increase from the end of the previous year[4] - The total assets as of March 31, 2023, amounted to 21,399,378,617.37 RMB, an increase from 21,038,886,640.04 RMB at the end of 2022[16] - The total liabilities as of March 31, 2023, were 11,774,060,177.95 RMB, down from 11,917,419,653.19 RMB at the end of 2022[17] - The company's cash and cash equivalents decreased to 3,571,532,389.09 RMB from 4,112,519,204.66 RMB at the end of 2022, reflecting a decline of approximately 13.2%[15] - The company's accounts receivable decreased to 1,285,324,434.99 RMB from 1,843,940,879.13 RMB, a reduction of about 30.3%[15] - The company's equity attributable to shareholders increased to 9,013,837,501.90 RMB from 8,556,078,527.92 RMB, representing a growth of approximately 5.3%[17] Store Expansion and Mergers - In Q1 2023, the company added 661 new stores, including 308 self-built stores, 154 acquired stores, and 199 franchised stores, resulting in a total of 10,865 stores, a net increase of 597 stores compared to the previous period[10] - The company completed 4 mergers and acquisitions in the industry during the reporting period, with 3 projects finalized, including the acquisition of 100% equity of a new company for 113 million RMB involving 54 stores and 8 clinics[11] Research and Development - Research and development expenses for Q1 2023 were ¥4,637,452.27, slightly up from ¥4,174,752.27 in Q1 2022[20] Other Financial Metrics - Non-recurring gains and losses for the period totaled ¥15,030,753.77, after accounting for tax and minority interests[5] - The weighted average return on equity increased by 0.28 percentage points to 3.85%[3] - The company reported a total inventory of 3,488,889,401.55 RMB, a slight decrease from 3,614,549,276.03 RMB at the end of 2022[15] - The company’s long-term equity investments stood at 5,249,082.40 RMB, remaining stable compared to the previous period[16] - The company’s total non-current assets increased to 10,942,725,254.65 RMB from 10,460,663,228.00 RMB, indicating a growth of approximately 4.6%[16] - Other comprehensive income after tax for Q1 2023 was ¥90,606,909.49, with no previous year comparison available[22]

Financial Performance - Total revenue for Q3 2022 reached CNY 4,597,604,480.14, representing a year-on-year increase of 28.01%[4] - Net profit attributable to shareholders was CNY 247,174,375.62, up 29.27% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was CNY 235,293,329.02, reflecting a 25.31% increase year-on-year[4] - Basic earnings per share for the period was CNY 0.34, an increase of 25.93% compared to the previous year[5] - Net profit for the third quarter of 2022 was ¥916,526,052.63, compared to ¥768,717,317.68 in the same quarter of 2021, reflecting an increase of approximately 19.25%[23] - Earnings per share for the third quarter of 2022 were ¥1.15, up from ¥0.98 in the same quarter of 2021[26] - The total comprehensive income attributable to the parent company for the third quarter of 2022 was ¥781,085,241.22, compared to ¥695,956,485.57 in the same quarter of 2021[25] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 19,053,207,470.48, a growth of 11.74% from the end of the previous year[5] - As of September 30, 2022, the company's total assets amounted to RMB 19,053,207,470.48, an increase from RMB 17,052,036,874.58 at the end of 2021[19] - Total liabilities as of the third quarter of 2022 amounted to ¥10,466,926,021.82, compared to ¥9,187,488,876.05 in the previous year, showing an increase of about 13.93%[20] - Total equity as of the third quarter of 2022 was ¥8,586,281,448.66, an increase from ¥7,864,547,998.53 in the same period of 2021, representing a growth of approximately 9.16%[20] Cash Flow - Cash flow from operating activities for the year-to-date increased by 38.51%, primarily due to the growth in sales revenue[8] - In the first three quarters of 2022, the cash inflow from operating activities was CNY 14,172,638,927.69, an increase from CNY 11,824,479,083.21 in the same period of 2021, representing a growth of approximately 19.0%[27] - The net cash flow from operating activities for the first three quarters of 2022 was CNY 2,308,090,112.73, compared to CNY 1,666,350,141.85 in 2021, indicating a year-over-year increase of about 38.5%[27] - The total cash outflow from operating activities was CNY 11,864,548,814.96, up from CNY 10,158,128,941.36 in the previous year, reflecting an increase of approximately 16.8%[27] - The cash and cash equivalents at the end of the period were CNY 2,453,607,708.15, compared to CNY 1,478,307,753.23 at the end of the same period last year, showing an increase of approximately 66.0%[28] Store Expansion and Acquisitions - In the first nine months of 2022, the company added 2,116 stores, including 817 new stores, 478 acquired stores, and 821 franchised stores, while closing 144 stores, bringing the total number of stores to 9,781[14] - The company completed two industry-related acquisitions in Q3 2022, acquiring 90% of a new company for RMB 25.2 million, involving 30 stores, and 70% of another new company for RMB 119 million, involving 85 stores[14] Expenses - Research and development expenses for the third quarter of 2022 were ¥13,769,981.10, compared to ¥8,973,621.99 in the same quarter of 2021, indicating an increase of about 53.5%[23] - The company paid CNY 633,020,131.41 in taxes, which is an increase from CNY 545,182,058.68 in the same period of 2021, reflecting a growth of about 16.1%[27] - The company’s cash outflow for employee compensation was CNY 2,379,214,152.42, compared to CNY 2,097,085,553.24 in the previous year, indicating an increase of approximately 13.4%[27]

Financial Performance - The company's operating revenue for the first half of 2022 reached ¥8,750,033,435.18, representing a 19.11% increase compared to ¥7,346,375,296.97 in the same period last year[21]. - The net profit attributable to shareholders of the listed company was ¥576,424,736.43, up 14.20% from ¥504,750,207.03 in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥559,318,987.64, reflecting a 13.31% increase from ¥493,616,305.95 in the same period last year[21]. - The net cash flow from operating activities was ¥1,093,287,887.73, an increase of 11.75% compared to ¥978,367,773.33 in the previous year[21]. - The company's basic earnings per share increased by 10.32% to CNY 0.802 compared to the same period last year[22]. - The company's net profit attributable to shareholders grew by 14.20%, driven by organic growth from existing stores and acquisitions[23]. - The company's revenue increased by 19.11% year-on-year, attributed to same-store sales growth and expansion through new openings and acquisitions[22]. - The total number of stores increased by 1,391, with 546 new stores opened and 363 acquired during the reporting period, bringing the total to 9,200 stores[22]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥17,844,900,362.51, up 4.65% from ¥17,052,036,874.58 at the end of the previous year[21]. - The net assets attributable to shareholders at the end of the reporting period were ¥7,835,039,502.23, a 4.73% increase from ¥7,481,306,065.48 at the end of the previous year[21]. - Total liabilities decreased by 21.23% to ¥2,787,772,523.25, primarily due to a reduction in bank acceptance bills payable[74]. - The company’s total liabilities were CNY 7,056,504,329.59, indicating a significant financial position[161]. Market Position and Growth - The retail pharmacy industry is experiencing rapid growth, with a 10.3% year-on-year increase in retail pharmacy sales, reaching CNY 4,774 billion in 2021[31]. - The concentration of the retail pharmacy industry is increasing, with the top 100 companies accounting for over 65% of total market sales[30]. - The company is positioned to benefit from ongoing healthcare reforms and the increasing demand for health-related products due to an aging population[28]. - The market share of the top 10 retail chains in China grew from 13.56% in 2015 to 26.97% in 2020, while the top 50 chains' market share increased from 26.87% to 41.24% during the same period[34]. - The company operates in ten provinces and cities, including Hunan, Hubei, Shanghai, Jiangsu, and Guangdong, with a strong competitive advantage in Central, Eastern, and Northern China[50]. Strategic Initiatives - The company has implemented a digital management platform covering six core operational systems, enhancing operational efficiency and agility[52]. - The company has established seven modern logistics centers equipped with advanced technology, improving warehouse operational efficiency and supply chain management[55]. - The company is actively expanding its new retail ecosystem, integrating online and offline health management services[67]. - The company plans to continue expanding its market presence and investing in new product development to drive future growth[125]. - The company is exploring potential acquisition opportunities to enhance its market share and product portfolio[140]. Environmental and Social Responsibility - The company has implemented measures to reduce carbon emissions, promoting low-carbon work and lifestyle practices among employees[91]. - The company has invested in eco-friendly materials and technologies during store renovations to optimize resource usage and minimize environmental impact[90]. - The company continues to comply with national environmental protection laws and regulations, contributing to environmental protection efforts[90]. Shareholder Information - The company held its 2021 annual general meeting on May 31, 2022, with 31 shareholders present, representing 507,816,934 voting shares, accounting for 70.6512% of the total valid voting shares[83]. - No profit distribution or capital reserve transfer plans were proposed for the half-year period, with no dividends or stock bonuses declared[85]. - The total number of ordinary shareholders reached 15,422 by the end of the reporting period[108]. - The largest shareholder, Ningbo Meishan Free Trade Port Area Jikang Enterprise Management Partnership, holds 167,801,400 shares, accounting for 23.35% of total shares[110]. Compliance and Governance - The company has not faced any environmental protection violations or administrative penalties during the reporting period[90]. - The company has not reported any significant changes in its business operations or management personnel during the reporting period[84]. - The company has not engaged in any significant related party transactions during the reporting period[99]. - The company has not reported any significant changes in the audit opinion from the previous annual report[99].