编号：2022-11-03 证券代码： 002094 证券简称：青岛金王 青岛金王应用化学股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------------|-------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------| | | □ 特定对象调研 | □ 分析师会议 | | 投资者关系活动 | □ 媒体采访 | □ 业绩说明会 | | 类别 | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 √ 其他 2022 | 年度青岛辖区上市公司投资者网上集体接待日 | | 参与单位名称及 人员姓名 | 投资者网上提问 | | | 时间 | 2022 年 11 月 03 日 ( | 周四 ) 下午 15:0 ...

Financial Performance - Q3 2022 revenue was CNY 679,997,531.69, a decrease of 19.55% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 14,281,471.92, down 11.95% year-on-year[5] - Net profit excluding non-recurring items was CNY 17,208,556.17, an increase of 37.55% compared to the previous year[5] - The company's net profit for the period was not explicitly stated, but the decrease in revenue and increase in costs suggest potential pressure on profitability[20] - The net profit for Q3 2022 was CNY 12,951,457.61, a decrease of 56.0% compared to CNY 29,382,870.13 in Q3 2021[21] - Operating profit for Q3 2022 was CNY 28,632,627.69, down 32.7% from CNY 42,552,109.84 in the same period last year[21] - The company reported a total comprehensive income of CNY 12,306,913.15 for Q3 2022, compared to CNY 11,659,714.40 in Q3 2021[21] - The basic and diluted earnings per share for Q3 2022 were both CNY 0.0526, down from CNY 0.0692 in Q3 2021[21] Assets and Liabilities - Total assets as of September 30, 2022, were CNY 4,577,504,969.54, a slight increase of 0.18% from the end of the previous year[5] - Total assets as of September 30, 2022, were CNY 4,577,504,969.54, slightly up from CNY 4,569,066,424.12 at the beginning of the year[18] - Total liabilities increased to CNY 2,134,993,957.90 from CNY 2,120,939,592.30, indicating a rise of 0.7%[18] - Shareholders' equity attributable to the parent company was CNY 2,263,351,501.41, up 1.78% from the end of last year[5] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 60,113,700.75[5] - The net cash flow from operating activities was CNY 60,113,700.75, a significant improvement from a negative CNY 593,176,613.85 in Q3 2021[22] - Cash and cash equivalents decreased to CNY 501,467,139.82 from CNY 1,224,722,197.31 at the beginning of the year, a decline of 59.0%[16] - Cash and cash equivalents at the end of Q3 2022 stood at CNY 221,862,740.05, down from CNY 337,013,062.85 at the end of Q3 2021[23] - Investment activities resulted in a net cash outflow of CNY 482,288,386.52, an improvement from a net outflow of CNY 776,301,866.08 in the previous year[22] - The company incurred a total financing cash outflow of CNY 964,791,332.59 in Q3 2022, compared to CNY 683,373,111.67 in Q3 2021[23] Inventory and Current Assets - Inventory increased by 33.12% compared to December 31, 2021, due to stockpiling for the sales peak[8] - Inventory increased significantly to CNY 846,115,504.03, up from CNY 635,596,979.82, reflecting a rise of 33.1%[16] - Other current assets surged by 316.08% compared to December 31, 2021, primarily due to short-term investments[9] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 42,844[13] - The largest shareholder, Qingdao Jinwang International Transport Co., Ltd., holds 21.41% of the shares and has pledged the entire amount[13] Operating Revenue and Costs - Total operating revenue for the period was CNY 2,432,753,724.67, a decrease of 9.4% compared to CNY 2,686,168,906.91 in the previous period[20] - Total operating costs amounted to CNY 2,479,305,752.31, down 8.9% from CNY 2,725,811,191.00 in the prior period[20] - The company's gross profit margin decreased, with operating costs at CNY 2,168,098,487.93 compared to CNY 2,338,135,806.88 previously[20] Research and Development - Research and development expenses were CNY 26,676,973.83, slightly up from CNY 25,434,396.41, indicating continued investment in innovation[20] Contract Liabilities - The company reported a significant increase in contract liabilities to CNY 312,561,720.65, up from CNY 197,402,304.57, reflecting a rise of 58.1%[17] Foreign Exchange Impact - The company experienced a foreign exchange impact of CNY 6,295,560.46 on cash and cash equivalents during the quarter[23]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,752,756,192.98, a decrease of 4.79% compared to ¥1,840,920,460.67 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2022 was ¥22,092,089.19, down 30.12% from ¥31,613,400.37 in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥23,354,309.24, a decrease of 19.37% compared to ¥28,966,072.91 in the same period last year[20]. - The basic earnings per share for the first half of 2022 was ¥0.032, down 30.43% from ¥0.046 in the same period last year[20]. - Operating profit was CNY 22.02 million, down 45.61% year-on-year, while total profit decreased by 46.42% to CNY 21.94 million[33]. - The total comprehensive income for the first half of 2022 was CNY 5,286,105.52, compared to CNY 8,942,756.71 in the first half of 2021, indicating a decline of about 41.0%[116]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,617,572,604.31, an increase of 1.06% from ¥4,569,066,424.12 at the end of the previous year[20]. - The total liabilities amounted to CNY 2,170,333,479.23, an increase from CNY 2,120,939,592.30, marking a growth of 2.45%[108]. - The company's cash and cash equivalents decreased by 11.74% to ¥695,562,423.61, down from ¥1,224,722,197.31 at the end of the previous year[39]. - Inventory increased by 4.72% to ¥860,424,867.98, compared to ¥635,596,979.82 at the end of the previous year[39]. - The total current assets increased to ¥3,420,594,935.78 from ¥3,357,883,823.92, showing a growth of about 1.87%[106]. Cash Flow - The net cash flow from operating activities was ¥21,340,431.67, a significant improvement from a negative cash flow of ¥501,801,168.44 in the same period last year[20]. - The company reported a net cash flow from financing activities of CNY 3,147,973.26, compared to CNY 282,307,455.06 in the first half of 2021[120]. - Total cash inflow from operating activities increased to CNY 541,701,394.60, up from CNY 457,033,666.11 in the first half of 2021, representing an increase of approximately 18.5%[122]. - Cash outflow for purchasing goods and services decreased to CNY 355,986,207.25 from CNY 608,794,045.07, a reduction of about 41.3%[122]. Revenue Breakdown - Revenue from new materials, candles, and crafts increased by 41.66% to ¥511,818,396.06, accounting for 29.20% of total revenue[36]. - Cosmetics revenue decreased by 33.18% to ¥505,478,342.72, representing 28.84% of total revenue[36]. - Revenue from the supply chain industry was ¥735,459,454.20, a slight increase of 1.70% year-on-year, making up 41.96% of total revenue[36]. - Overseas revenue reached ¥506,998,224.44, up 43.58% from ¥353,116,540.22 in the previous year, accounting for 28.93% of total revenue[36]. - Domestic revenue fell by 16.27% to ¥1,245,757,968.54, which constituted 71.07% of total revenue[36]. Risks and Challenges - The company acknowledges risks related to raw material price fluctuations, currency exchange rate fluctuations, labor shortages, and macroeconomic policies[4]. - The company faces significant risks from fluctuations in raw material prices, particularly paraffin, which directly impact profit margins[53]. - The appreciation of the RMB against the USD has resulted in exchange losses, highlighting the need for effective currency risk management strategies[54]. - Labor shortages in the labor-intensive industry have led to increased labor costs, prompting the company to establish long-term partnerships with educational institutions[54]. - The overall economic environment remains challenging, with ongoing impacts from the pandemic affecting operations in key regions[33]. Governance and Compliance - The company has maintained a strong governance structure and effective communication channels with investors, ensuring transparency and accountability[65]. - There were no significant environmental penalties or issues reported during the period, reflecting compliance with environmental regulations[64]. - The half-year financial report has not been audited, which may affect stakeholder confidence in the reported figures[71]. - The company reported no significant litigation or arbitration matters during the reporting period[73]. - There were no major related party transactions in daily operations or asset acquisitions during the reporting period[74][75]. Investment and Development - Research and development expenses increased by 2.51% to CNY 15.79 million, indicating a continued focus on innovation[34]. - The company is leveraging technology partnerships to optimize its new retail operations, improving customer experience and sales efficiency[31]. - The cosmetics business is being enhanced through investments and acquisitions, aiming to build a complete industry chain[30]. - The company invested ¥448,287,049.01 during the reporting period, reflecting a 6.99% increase from ¥418,985,415.17 in the same period last year[44]. Shareholder Information - The total number of shares outstanding is 690,897,549, with 99.94% being unrestricted shares[92]. - The number of ordinary shareholders at the end of the reporting period was 38,615, with the largest shareholder, Qingdao Jinwang International Transport Co., Ltd., holding 21.41% of the shares[94]. - The company has not distributed cash dividends or bonus shares for the reporting period, indicating a focus on reinvestment[60]. Accounting Policies - The financial statements are prepared based on the assumption of going concern, indicating the company has the ability to continue operations for at least 12 months from the reporting date[137]. - The company uses Renminbi as the functional currency for its domestic operations, while its overseas subsidiaries use local currencies based on their economic environments[142]. - The accounting treatment for business combinations is based on whether they are under common control or not, affecting how assets and liabilities are measured[143]. - The company recognizes deferred tax assets related to temporary differences if new information indicates that the economic benefits can be realized within 12 months of the acquisition date[146].

Financial Performance - The company's operating revenue for 2021 was ¥3,153,044,393.97, a decrease of 21.21% compared to ¥4,001,716,786.57 in 2020[21]. - The net profit attributable to shareholders was ¥16,342,034.00, a significant recovery from a loss of ¥428,744,846.41 in 2020[21]. - The net profit after deducting non-recurring gains and losses was ¥8,563,963.92, compared to a loss of ¥436,169,419.87 in the previous year[21]. - The company's total assets decreased by 4.92% to ¥4,569,066,424.12 at the end of 2021 from ¥4,805,511,403.76 at the end of 2020[21]. - The net assets attributable to shareholders decreased by 9.80% to ¥2,223,861,566.84 from ¥2,465,427,007.14 in 2020[21]. - The basic earnings per share for 2021 was ¥0.0237, recovering from a loss of ¥0.620 in 2020[21]. - The weighted average return on equity was 0.66%, a recovery from -15.97% in the previous year[21]. - The total revenue for 2021 was CNY 3,153,044,393.97, a decrease of 21.21% compared to the previous year[46]. - The cosmetics segment generated revenue of CNY 1,563,991,278.03, accounting for 49.60% of total revenue, with a year-on-year decline of 5.13%[48]. - Revenue from new materials, candles, and aromatherapy products increased by 45.10% to CNY 919,222,093.70, representing 29.15% of total revenue[48]. - The supply chain segment saw a significant decline in revenue, dropping 61.05% to CNY 669,831,022.24, which accounted for 21.24% of total revenue[48]. - The company achieved a net profit of CNY 5,632.15 million, a substantial increase compared to the previous year, despite a consolidated net loss of CNY 1,758.60 million due to the impact of the pandemic on joint ventures[46]. - The gross margin for the cosmetics segment was 12.92%, down 12.61% year-on-year, while the gross margin for new materials and aromatherapy products was 21.24%[50]. - The overseas revenue increased by 51.72% to CNY 898,643,231.39, while domestic revenue decreased by 33.88% to CNY 2,254,401,162.58[49]. Business Operations - The company operates in the chemical industry, facing risks such as fluctuations in raw material prices and labor shortages[5]. - The company operates in three main business segments: new material candles and aromatherapy, cosmetics, and supply chain, with a stable growth outlook for the candle and aromatherapy market[31]. - The cosmetics industry is experiencing rapid growth in chain specialty stores and e-commerce channels, indicating a shift in consumer behavior towards more specialized retail formats[32]. - In 2021, the retail sales of cosmetics in China reached CNY 402.6 billion, representing a year-on-year growth of 14%[34]. - The Chinese cosmetics market is projected to reach USD 119.9 billion by 2024, with a compound annual growth rate (CAGR) of 13% from 2020 to 2024[34]. - The company has a production capacity of 17.58 million units for craft candles, with a utilization rate of 87.89%[41]. - The average price of wax, a key raw material, increased significantly from CNY 5,857.44 in the first half to CNY 7,264.96 in the second half of 2021[41]. - The company has established a comprehensive cosmetics industry chain, integrating R&D, production, sales, and brand operation[39]. - The company’s subsidiary, Shanghai Yuefeng, focuses on offline direct sales channels, targeting high-growth retail chains like Watsons and Sephora[40]. - The company has developed the "LANCHEN依露" lipstick series, which is now available across various sales channels[40]. - The company is leveraging Tencent's technology to enhance its new retail operations, improving in-store traffic analysis and sales conversion rates[42]. - The company has opened a cross-border e-commerce channel with Jimo Customs, integrating with existing store operations for enhanced customer experience[43]. - The company maintains a strong competitive position as a leading manufacturer of new material candles, recognized as the largest in Asia and among the top globally[42]. Research and Development - R&D expenses increased by 21.37% to ¥39,289,225.58, representing 1.25% of operating revenue[61]. - The number of R&D personnel decreased by 8.62% to 159, with a notable drop in the number of personnel under 30 years old[61]. - The company completed several R&D projects aimed at improving product characteristics and reducing production costs, enhancing its technological advantages[60]. - The company is investing in new technology development, allocating 50 million RMB towards R&D initiatives in the upcoming year[109]. Corporate Governance - The financial report is guaranteed to be true, accurate, and complete by the company's management[4]. - The company emphasizes compliance with governance standards and equal treatment of all shareholders, ensuring that minority shareholders can fully exercise their rights[94]. - The board of directors consists of 7 members, including 3 independent directors, complying with legal and regulatory requirements[95]. - The company held 5 board meetings during the reporting period, with all directors attending and fulfilling their responsibilities diligently[95]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, and finance, ensuring no competition exists[97]. - The company has established an independent financial accounting system and strictly separates its financial operations from those of the controlling shareholder[98]. - The company has a transparent performance evaluation and incentive mechanism linking the compensation of directors and senior management to company performance[95]. - The company has designated specific newspapers and websites for information disclosure, ensuring timely and accurate communication with shareholders[96]. - The company respects and protects the legitimate rights of stakeholders, balancing interests among shareholders, employees, and society[96]. - The company has a complete procurement, production, and sales system, independently managing its supply chain[97]. - The company has not provided guarantees or loans to its controlling shareholder or related parties, maintaining financial independence[98]. - The company held its annual general meeting with a participation rate of 26.73% on May 20, 2021, and a temporary meeting with a participation rate of 33.42% on September 15, 2021[99]. Risk Management - The company has a risk of market and macroeconomic policy fluctuations[5]. - The company faces risks from raw material price fluctuations, particularly in paraffin, which directly impacts profit margins[87]. - The company has established strong cooperative relationships in oil trading, but faces risks from commodity price volatility affecting order fulfillment and inventory levels[88]. - The company has experienced currency exchange losses due to the appreciation of the RMB against the USD, and is taking measures to mitigate this risk[88]. - The domestic cosmetics market is expected to maintain stable growth, but economic cycles and consumer preferences may pose challenges[90]. - The company is committed to improving employee welfare and addressing labor shortages through long-term partnerships with educational institutions[88]. Future Outlook - The company aims to achieve operating revenue exceeding 3.5 billion RMB in 2022, focusing on improving revenue structure and enhancing profitability[83]. - The company is committed to building a "Beauty Economy Industry Circle" platform, integrating self-owned brand development, channel distribution, e-commerce operations, and brand management[79]. - The company plans to strengthen online business layout and terminal retail brand building, exploring various new retail business models centered on user operations[80]. - The company will enhance its supply chain advantages and deepen upstream and downstream cooperation to cover the entire cosmetics industry chain[82]. - The company intends to leverage digital new retail service platforms to support the rise of quality domestic brands while introducing high-quality overseas brands[82]. - The company is focused on developing smart supply chain and retail-related information technologies, utilizing big data and AI to improve operational efficiency[80]. - The company will increase talent investment to attract experienced professionals in supply chain management, retail organization, and data operations[83]. - The company has established a diversified and efficient sales network, becoming one of the largest supply chain service platforms in the Chinese cosmetics industry[79]. - The company will actively develop and introduce exclusive custom brands and support the rise of domestic brands while enhancing the market share of existing brands[82]. - The company plans to optimize brand structure and channel resources, transitioning from product operation to a customer lifecycle-oriented new retail operation model[84]. - The company reported a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 12%[111]. - New product launches are expected to contribute an additional 200 million RMB in revenue, with a focus on innovative cosmetic solutions[110]. - Market expansion plans include entering three new provinces, aiming to increase market share by 5% in these regions[111]. - The company is considering strategic acquisitions to enhance its supply chain efficiency, with a budget of 100 million RMB earmarked for potential deals[110]. - A new marketing strategy is being implemented, targeting a 30% increase in brand awareness through digital channels[109]. Employee and Stakeholder Relations - The company employed a total of 2,628 staff members at the end of the reporting period, with 1,260 in sales and 498 in production[123]. - The number of employees receiving salaries during the reporting period was 3,681[123]. - The company has established a competitive salary structure that includes fixed wages, bonuses, and benefits[124]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 2.6448 million CNY[114]. - The independent directors received an annual allowance of 80,000 CNY each, totaling 240,000 CNY for three independent directors[113]. - The educational background of employees shows that 367 hold a bachelor's degree or higher, while 1,689 have less than a college degree[123]. Internal Control and Compliance - The internal control system covers all business segments related to financial reporting and information disclosure, ensuring effective governance and risk management[130]. - The internal audit department conducts regular audits on the integrity and effectiveness of internal controls, including financial reports and performance forecasts[131]. - The company has established a zero-tolerance policy towards corruption, supported by a comprehensive anti-fraud system[131]. - The total assets of units included in the internal control evaluation report account for 90.51% of the company's consolidated total assets[133]. - The total assets accounted for 91.01% of the consolidated revenue in the financial report[134]. - There were no significant defects identified in the financial report or non-financial report[135]. - The internal control audit report confirmed the effectiveness of financial reporting controls as of December 31, 2021[138]. - The company has recognized and addressed deficiencies related to related party transactions, with all funds returned by the related party[140]. - The company plans to strengthen internal control measures to prevent future related party fund occupation[140]. - The internal control audit report was disclosed on April 30, 2022, with a standard unqualified opinion[140]. - The company aims to enhance internal control supervision mechanisms to promote sustainable development[140]. - The company is committed to maintaining effective internal controls in all material aspects[138]. - The internal control self-assessment report reflects the company's commitment to transparency and compliance[138]. Environmental and Social Responsibility - The company invested over 2 million yuan in environmental protection technology upgrades, achieving significant results in reducing carbon emissions[143]. - The company actively responded to national poverty alleviation initiatives, focusing on education and elderly care in disadvantaged areas[147]. - There were no major safety incidents reported during the reporting period, with effective safety checks and hazard assessments conducted[146].

Financial Performance - The company's operating revenue for Q1 2022 was ¥945,102,543.42, a decrease of 3.82% compared to ¥982,648,270.91 in the same period last year[3] - Net profit attributable to shareholders increased by 48.40% to ¥13,206,542.01 from ¥8,899,062.74 year-on-year[3] - The net profit after deducting non-recurring gains and losses rose by 88.66% to ¥13,019,202.15 compared to ¥6,901,042.72 in the previous year[3] - Basic and diluted earnings per share increased by 46.15% to ¥0.019 from ¥0.013 year-on-year[3] - Net profit for the period was CNY 6,121,838.85, a decline of 16% from CNY 7,284,463.61 in the same period last year[17] - The total comprehensive income attributable to the parent company was CNY 8,985,825.42, compared to a loss of CNY 5,036,338.90 in the previous period, indicating a significant improvement[18] Cash Flow - The net cash flow from operating activities was ¥21,178,842.59, a significant recovery from a negative cash flow of ¥255,005,340.10 in the same period last year[3] - The net cash flow from operating activities was CNY 21,178,842.59, a recovery from a negative cash flow of CNY -255,005,340.10 in the same period last year[20] - Cash received from the sale of goods and services amounted to CNY 1,153,927,408.36, up from CNY 957,231,486.69, reflecting a growth of approximately 20.5%[19] - The total cash outflow from investing activities was CNY 542,552,173.15, a decrease from CNY 1,164,530,290.74, indicating a reduction in investment expenditures[20] - The cash and cash equivalents at the end of the period were CNY 283,218,417.90, down from CNY 375,113,732.70, showing a decline of approximately 24.5%[20] - The net cash flow from financing activities was CNY 94,617,425.29, a decrease from CNY 352,132,072.97, indicating a decline in financing efficiency[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,665,812,659.94, up 2.12% from ¥4,569,066,424.12 at the end of the previous year[3] - The company's total assets increased to CNY 4,665,812,659.94 from CNY 4,569,066,424.12, representing a growth of 2.1%[14] - Current assets totaled CNY 3,452,599,446.74, up from CNY 3,357,883,823.92, indicating an increase of 2.8%[12] - Current liabilities rose to CNY 2,202,934,023.76, compared to CNY 2,105,188,070.05, marking an increase of 4.6%[14] - The company's cash and cash equivalents decreased to CNY 754,454,857.18 from CNY 1,224,722,197.31, a significant drop of 38.4%[12] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 0.40% to ¥2,232,847,392.26 from ¥2,223,861,566.84 at the end of the previous year[3] - The total equity attributable to shareholders of the parent company was CNY 2,232,847,392.26, slightly up from CNY 2,223,861,566.84[14] Expenses - Total operating costs amounted to CNY 966,704,397.10, down from CNY 982,814,008.37, reflecting a reduction of 1.6%[16] - Research and development expenses increased to CNY 7,029,929.36 from CNY 5,562,019.92, reflecting a growth of 26.4%[17] - The company reported a decrease in sales expenses to CNY 39,384,532.36 from CNY 51,146,473.38, a reduction of 23%[17] Other Income - The company received government subsidies amounting to ¥169,304.69 during the reporting period[4] - Interest income for Q1 2022 increased by 233.23% compared to the same period last year, attributed to higher cash balances and interest rates[5] - The company reported a 100% increase in fair value gains due to changes in the fair value of trading financial assets[5]

Financial Performance - The company's revenue for Q3 2021 was ¥845,248,446.24, a decrease of 27.30% compared to the same period last year[3] - The net profit attributable to shareholders for the first three quarters of 2021 was ¥47,833,771.79, with a basic earnings per share of ¥0.0692[3] - Total operating revenue for the period was CNY 2,686,168,906.91, a decrease of 13.9% compared to CNY 3,121,747,779.96 in the previous period[19] - Net profit for the period was CNY 29,382,870.13, a significant recovery from a net loss of CNY 98,098,651.45 in the same period last year[21] - The company reported a comprehensive income total of CNY 9,648,590.40, compared to a comprehensive loss of CNY 114,978,631.71 in the previous year[21] Assets and Liabilities - Total assets as of September 30, 2021, amounted to ¥5,080,355,659.48, reflecting an increase of 5.72% from the end of the previous year[3] - The company's total assets amount to ¥5,080,355,659.48, up from ¥4,805,511,403.76 at the end of 2020[16] - Total liabilities as of September 30, 2021, are ¥2,307,460,582.50, compared to ¥2,036,953,016.68 at the end of 2020[17] - The total current liabilities stood at 1,873,797,978.78 CNY, reflecting the company's short-term financial obligations[27] - The company’s total non-current liabilities increased to 197,586,099.86 CNY, primarily due to the recognition of lease liabilities[27] Cash Flow - The cash flow from operating activities for the first three quarters was negative at -¥593,176,613.85[3] - Cash flow from operating activities showed a net outflow of CNY 593,176,613.85, worsening from a net outflow of CNY 536,141,190.51 in the prior period[22] - The net cash flow from investing activities was -776,301,866.08 CNY, compared to -357,306,254.20 CNY in the previous year, indicating a significant increase in cash outflow[23] - The cash inflow from financing activities totaled 1,070,911,176.04 CNY, up from 881,909,967.63 CNY year-over-year, while cash outflow from financing activities decreased to 683,373,111.67 CNY from 928,906,159.00 CNY[23] - The net cash flow from financing activities improved to 387,538,064.37 CNY from -46,996,191.37 CNY in the previous year, reflecting a positive shift in financing operations[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,574[12] - The largest shareholder, Qingdao Jinwang International Transportation Co., Ltd., holds 21.41% of shares, totaling 147,898,322 shares, with 134,274,499 shares pledged[12] Investment and Income - The company's investment income increased by 40.57% year-on-year for the first three quarters, attributed to higher short-term investment returns[9] - The company reported investment income of CNY 104,316,688.80, an increase from CNY 74,211,392.38 in the previous period[19] - The company experienced a 62.44% decrease in other income for the first three quarters, mainly due to reduced government subsidies[9] - The company reported a 48.38% decrease in taxes and surcharges for the first three quarters, corresponding to a reduction in revenue[9] Other Financial Metrics - The company’s weighted average return on equity was 0.65% for Q3 2021, down from 1.93% at the end of the previous year[3] - The company has a capital reserve of ¥1,118,156,910.74, unchanged from the previous period[17] - The company's long-term borrowings decreased by 100% as they were reclassified to current liabilities due to upcoming maturity[8] - Research and development expenses increased to CNY 25,434,396.41, up from CNY 20,261,194.64, reflecting a focus on innovation[19] - The company's retained earnings remained stable at 485,240,390.96 CNY, indicating consistent profitability over the reporting period[27]

证券代码：002094 证券简称：青岛金王 公告编号：2021-045 | --- | --- | |-------------------------------------------------------------------------------------------------|-------------| | | | | 青岛金王应用化学股份有限公司关于参加 | 2021 年度 | | 青岛辖区上市公司投资者网上集体接待日活动的公告 | | | 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 | | 为进一步加强与投资者的互动交流工作，构建和谐投资者关系，青 岛金王应用化学股份有限公司（以下简称"公司"）将参加由青岛证监局、 青岛市上市公司协会、深圳市全景网络有限公司共同举办的 "2021 年度 青岛辖区上市公司投资者网上集体接待日"活动，现将有关事项公告如 下： 本次集体接待日活动将在深圳市全景网络有限公司提供的平台举 行，投资者可登录"全景·路演天下"（http://rs.p5w.net/），参与本次投 资者集体接待日活动。活动时间为 ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥1,840,920,460.67, a decrease of 6.03% compared to ¥1,959,061,903.05 in the same period last year[20] - The net profit attributable to shareholders was ¥31,613,400.37, a significant recovery from a loss of ¥37,271,939.94 in the previous year[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥28,966,072.91, compared to a loss of ¥40,656,620.79 in the same period last year[20] - The basic earnings per share for the period was ¥0.0458, recovering from a loss of ¥0.0539 per share in the previous year[20] - The total revenue for the reporting period was ¥1,840,920,460.67, representing a decrease of 6.03% compared to ¥1,959,061,903.05 in the same period last year[35] - The net profit for the first half of 2021 was CNY 26,665,912.44, a significant recovery from a net loss of CNY 61,338,672.29 in the first half of 2020[114] - The total profit for the first half of 2021 was CNY 40,947,874.80, compared to a loss of CNY 62,467,774.20 in the first half of 2020[114] - The company’s total comprehensive income for the first half of 2021 was CNY 8,942,756.71, recovering from a loss of CNY 73,490,748.14 in the previous year[114] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,908,918,313.79, an increase of 2.15% from ¥4,805,511,403.76 at the end of the previous year[20] - The net assets attributable to shareholders at the end of the reporting period were ¥2,479,333,347.16, a slight increase of 0.56% from ¥2,465,427,007.14 at the end of the previous year[20] - The company's total assets included cash and cash equivalents of ¥1,013,457,270.17, which accounted for 20.65% of total assets, down from 29.86%[41] - The total liabilities amounted to CNY 1,712,873,695.24, compared to CNY 1,429,125,224.96, marking an increase of approximately 19.9%[112] - The company's total owner's equity was CNY 3,368,741,861.01, up from CNY 3,340,560,261.45, reflecting a growth of about 0.8%[112] Cash Flow - The net cash flow from operating activities was -¥501,801,168.44, an improvement from -¥559,491,871.55 in the same period last year[20] - The total cash inflow from financing activities was 750,162,017.66 CNY, up from 630,343,576.13 CNY year-over-year[120] - The net cash flow from investing activities was -355,331,805.17 CNY, worsening from -86,980,058.42 CNY in the previous period[119] - The company's cash flow from sales of goods and services was 431,892,941.03 CNY, significantly higher than 262,666,106.26 CNY in the same period last year[122] Revenue Segments - The revenue from the cosmetics segment was ¥756,433,204.47, down 15.31% year-on-year, while the new materials segment saw a significant increase of 78.60% to ¥361,306,568.80[37] - The overseas revenue increased by 79.16% to ¥353,116,540.22, while domestic revenue decreased by 15.56% to ¥1,487,803,920.45[37] Investments and R&D - The company reported a significant increase in investment activities, with total investments amounting to ¥418,985,415.17, a 180.63% increase compared to the previous year[45] - Research and development expenses increased to CNY 15,406,990.74, up 54.1% from CNY 9,957,344.36 in the first half of 2020[113] Operational Strategies - The company has established a complete cosmetics industry chain, focusing on brand operation and integration of online and offline channels[31] - The company is enhancing its supply chain business by leveraging strong bargaining power in raw material procurement and maintaining good relationships with suppliers[28] - The company is actively developing new products to meet diverse customer needs and has increased investment in the intelligent and information-based transformation of production lines[33] - The company is optimizing its brand structure and reducing the number of brands to improve product quality and turnover efficiency[33] Risk Management - The company faces risks from labor shortages in its labor-intensive industry, with rising labor costs being a concern[52] - The company is actively managing foreign exchange risks through cooperation with banks and using financial instruments[52] Shareholder Information - The total number of shares is 690,897,549, with 99.94% being unrestricted shares[90] - The largest shareholder, Qingdao Jinwang International Transportation Co., Ltd., holds 21.41% of the shares, totaling 147,898,322 shares, with 134,274,499 shares pledged[92] Compliance and Governance - The semi-annual financial report has not been audited[70] - The company received a warning letter from the regulatory authority regarding the occupation of funds by related parties[72] - The company has not experienced any bankruptcy reorganization matters during the reporting period[71] Accounting Policies - The financial statements are prepared based on the assumption of going concern, indicating the company has the ability to continue operations for at least 12 months from the reporting date[139] - The company adheres to the accounting policies and estimates in accordance with the relevant accounting standards, particularly regarding revenue recognition and research and development expenditures[140] - The company’s financial reports comply with the requirements of the Chinese Securities Regulatory Commission, ensuring a true and complete reflection of its financial status[141]

Financial Performance - The company's operating revenue for 2020 was ¥4,001,716,786.57, a decrease of 26.91% compared to ¥5,474,978,205.41 in 2019[17] - The net profit attributable to shareholders was -¥428,744,846.41, representing a decline of 2,125.15% from a profit of ¥21,170,966.32 in the previous year[17] - The net cash flow from operating activities was -¥176,002,005.64, a decrease of 252.63% compared to ¥115,309,859.29 in 2019[17] - The total assets at the end of 2020 were ¥4,805,511,403.76, down 13.42% from ¥5,550,500,569.66 at the end of 2019[17] - The net assets attributable to shareholders decreased by 14.98% to ¥2,465,427,007.14 from ¥2,899,671,015.25 in 2019[17] - The basic earnings per share for 2020 was -¥0.620, a decline of 2,166.67% from ¥0.030 in 2019[17] - The weighted average return on net assets was -15.97%, down 16.70% from 0.73% in the previous year[17] - The company reported a significant increase in net loss from non-recurring gains and losses, with a net profit of -¥436,169,419.87 compared to -¥258,030,301.50 in 2019, an increase of 69.03%[17] - The company reported a total revenue of 4,001.72 million CNY in 2020, a decrease of 26.91% compared to the previous year[37] - The operating profit was -632.28 million CNY, down 576.51% year-on-year, while the net profit attributable to shareholders was -428.74 million CNY, a decline of 2125.15%[37] Cash Flow and Investments - The cash flow from operating activities turned positive in Q4 2020, reaching ¥360,139,184.87, after negative cash flows in the first three quarters[22] - Operating cash inflow decreased by 25.84% to ¥4,544,015,718.94, while operating cash outflow decreased by 21.49% to ¥4,720,017,724.58[61][62] - Total investment during the reporting period was ¥363,014,217.50, a decrease of 9.25% from the previous year's investment of ¥399,995,215.07[67] - Cash and cash equivalents decreased by ¥301,804,521.39, representing a decline of 174.21% compared to the previous year[62] Business Operations and Strategy - The company has established a complete cosmetics industry chain, integrating R&D, production, sales, and brand operation[31] - The new materials candle business is primarily focused on overseas markets, with stable demand despite macroeconomic fluctuations[28] - The cosmetics segment has expanded its offline channel operations, establishing a diversified and efficient sales network across major provinces in China[31] - The company has positioned itself as a leading manufacturer in the new materials candle industry, ranking first in Asia and among the top globally[32] - The integration of Tencent's technology in the new retail sector aims to improve offline sales conversion rates and enhance overall operational efficiency[33] - The company is actively expanding its online sales channels, leveraging live streaming and social e-commerce to adapt to changing consumer behaviors[42] - The company aims to enhance its competitive edge by integrating online and offline channels, utilizing big data and AI technologies[38] - The company is focused on building a "Beauty Economy Industry Circle" platform, enhancing its supply chain capabilities in the cosmetics industry[81] - The company aims to leverage big data and AI technology to upgrade its supply chain and retail operations, creating a digital new retail SaaS service platform[81] Market Trends and Consumer Behavior - The cosmetics retail sales in China reached 340 billion CNY in 2020, with a year-on-year growth of 9.5%[43] - The Chinese cosmetics market is projected to reach 119.9 billion USD by 2024, with a compound annual growth rate of 13% from 2020 to 2024[43] - The domestic market is expected to see steady growth in candle demand due to changing consumer behaviors and increased living standards[44] - The company aims to introduce more domestic and overseas quality brands to meet diverse consumer demands while supporting the rise of domestic brands[83] Corporate Governance and Compliance - The company has established a comprehensive corporate governance structure and internal control system to ensure fair treatment of all shareholders[126] - The company has maintained a stable leadership structure with key positions held by experienced individuals since its inception[156][157] - The company is focused on maintaining strong corporate governance through the involvement of independent directors[161] - The company has established a transparent performance evaluation and incentive mechanism, linking the compensation of directors and senior management to company and individual performance[181] - The company has independent financial departments and accounting systems, ensuring strict financial supervision and management[181] Risks and Challenges - The company faces risks from raw material price fluctuations, particularly in paraffin, which could impact profitability[88] - The company is exposed to exchange rate risks due to the appreciation of the RMB against the USD, which may lead to foreign exchange losses[89] - The company is currently navigating uncertainties related to the ongoing COVID-19 pandemic, particularly with respect to international cases affecting local markets[90] - The company faced labor shortages in its labor-intensive industry, leading to increased labor costs year by year[90] Shareholder and Equity Information - The company did not distribute cash dividends or issue bonus shares for the years 2018, 2019, and 2020, maintaining a 0.00% cash dividend payout ratio[94] - The company has not proposed any cash dividend distribution plans despite having positive profits available for distribution to ordinary shareholders[96] - The total number of shares after the change is 690,897,549, with 99.94% being unrestricted shares[137] - The shareholding structure indicates a significant concentration of ownership, with the top three shareholders holding over 30% of the total shares[143] Audit and Financial Reporting - The audit opinion issued was a standard unqualified opinion, confirming that the financial statements fairly represent the company's financial status as of December 31, 2020[196] - The audit committee held four meetings during the reporting period, ensuring the financial statements were prepared in accordance with accounting standards and fairly reflected the company's financial position and performance[186] - The internal control self-assessment report indicated that 92.23% of total assets and 90.93% of total revenue were included in the evaluation scope[190] - There were no significant internal control deficiencies identified during the reporting period, with zero major or important deficiencies reported in both financial and non-financial areas[191]

Financial Performance - The company's operating revenue for Q1 2021 was ¥982,648,270.91, representing a 19.66% increase compared to ¥821,188,076.71 in the same period last year[7] - The net profit attributable to shareholders was ¥8,899,062.74, a significant recovery from a loss of ¥19,220,839.71 in the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,901,042.72, compared to a loss of ¥21,339,002.25 in the same period last year[7] - The basic earnings per share for Q1 2021 was ¥0.0130, recovering from a loss of ¥0.0280 per share in the same period last year[7] - The weighted average return on net assets was 0.36%, an improvement of 1.03% compared to -0.67% in the previous year[7] - The total operating revenue for the first quarter of 2021 was CNY 982,648,270.91, representing an increase of 19.7% compared to CNY 821,188,076.71 in the same period last year[37] - The net profit for Q1 2021 was CNY 7.28 million, a significant recovery from a net loss of CNY 32.43 million in Q1 2020[39] - The company reported a gross profit margin of approximately 11.6% in Q1 2021, compared to a negative margin in the previous year[38] - The total comprehensive income for Q1 2021 was CNY -6.63 million, an improvement from CNY -47.63 million in Q1 2020[39] Assets and Liabilities - The company's total assets increased by 5.83% to ¥5,085,835,436.86 from ¥4,805,511,403.76 at the end of the previous year[7] - As of March 31, 2021, total current assets were ¥3,801,137,706.13, an increase from ¥3,541,794,402.61 as of December 31, 2020[29] - Current liabilities rose to CNY 2,136,982,715.34, compared to CNY 1,873,797,978.78, indicating an increase of about 14.1%[31] - The total non-current liabilities amounted to CNY 186,624,661.17, up from CNY 163,155,037.90, which is an increase of approximately 14.4%[31] - The total equity attributable to shareholders of the parent company was CNY 2,460,382,869.30, slightly down from CNY 2,465,427,007.14, showing a decrease of about 0.2%[32] - Total liabilities reached CNY 2,036,953,016.68, with current liabilities at CNY 1,873,797,978.78 and non-current liabilities at CNY 163,155,037.90[53] Cash Flow - The company reported a net cash flow from operating activities of -¥255,005,340.10, slightly worse than -¥231,299,318.25 in the same period last year[7] - Cash inflows from operating activities totaled CNY 984.97 million in Q1 2021, compared to CNY 936.58 million in Q1 2020, showing a positive cash flow trend[45] - The net cash flow from operating activities was -291,473,876.90 CNY, worsening from -61,876,673.22 CNY in the previous period, highlighting operational challenges[49] - Cash inflow from investment activities totaled 122,335,197.30 CNY, while cash outflow was 1,164,530,290.74 CNY, resulting in a net cash flow from investment activities of -1,042,195,093.44 CNY[46] - The net cash flow from financing activities was 352,132,072.97 CNY, a significant increase from 65,352,280.40 CNY in the previous period, reflecting improved financing conditions[47] Investment and Expenses - Investment income for Q1 2021 decreased by 37.21% compared to the same period last year, mainly due to a decline in net profit from associated companies[13] - Research and development expenses increased to CNY 5.56 million in Q1 2021, up from CNY 4.90 million in Q1 2020, indicating a focus on innovation[38] - In Q1 2021, cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets increased by 453.49% compared to Q1 2020, primarily due to the purchase of fixed assets[15] - The company reported an investment loss of CNY 0.83 million in Q1 2021, a decrease from a profit of CNY 8.61 million in the same period last year[41] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 32,330, with the largest shareholder holding 21.41% of the shares[9] - The company reported no overdue commitments or violations regarding external guarantees during the reporting period[22] Other Financial Metrics - The company experienced a 92.45% increase in notes payable compared to the end of 2020, primarily due to the use of acceptance bills for payment[13] - In Q1 2021, asset impairment losses decreased by 76.94% compared to Q1 2020, primarily due to a reduction in inventory impairment provisions[14] - In Q1 2021, asset disposal gains increased by 100.00% compared to Q1 2020, as there were no related transactions in the same period last year[14] - In Q1 2021, income tax expenses rose by 1886.20% compared to Q1 2020, attributed to an increase in total revenue and profit, leading to a higher taxable income[14] - The company reported a decrease in other comprehensive income to CNY 7,068,767.75 from CNY 21,004,169.39, a decline of about 66.5%[32] Audit Status - The first quarter report was not audited, indicating a preliminary financial assessment[58]