Financial Performance - The company's revenue for Q1 2022 was ¥198,789,279.51, a decrease of 3.96% compared to ¥206,978,385.28 in the same period last year[3] - Net profit attributable to shareholders was ¥16,810,029.57, down 58.46% from ¥40,463,637.70 year-on-year[3] - Total operating revenue for the current period is ¥198,789,279.51, a decrease of 3.3% from ¥206,978,385.28 in the previous period[22] - Operating profit decreased significantly to ¥17,740,514.53, down 62.9% from ¥47,825,576.12 in the previous period[23] - Net profit for the current period is ¥16,743,050.01, a decline of 58.7% compared to ¥40,522,129.41 in the previous period[23] - Basic and diluted earnings per share decreased to ¥0.17 from ¥0.40 in the previous period[23] Cash Flow - The net cash flow from operating activities was -¥40,465,744.01, a decline of 260.63% compared to ¥25,191,811.91 in the previous year[3] - Cash flow from operating activities showed a net outflow of ¥40,465,744.01, contrasting with a net inflow of ¥25,191,811.91 in the previous period[26] - Cash flow from investing activities generated a net inflow of ¥262,333,854.10, compared to a net outflow of ¥131,443,422.01 in the previous period[27] - Cash and cash equivalents at the end of the period increased to ¥373,401,278.21 from ¥71,938,895.90 at the beginning of the period[27] - Cash and cash equivalents rose significantly by 388.50% to ¥379,058,875.50 due to the maturity of bank wealth management products[8] Assets and Liabilities - The company's total assets increased by 3.09% to ¥1,746,996,365.82 from ¥1,694,608,296.62 at the end of the previous year[3] - The total current assets increased to CNY 1,234,843,891.25 from CNY 1,192,644,867.95, reflecting a growth of approximately 3.5%[16] - The company's total assets reached CNY 1,746,996,365.82, up from CNY 1,694,608,296.62, marking an increase of about 3.1%[20] - Total liabilities increased to CNY 199,152,283.08 from CNY 163,507,263.89, which is an increase of approximately 21.8%[19] - The total non-current assets amounted to CNY 512,152,474.57, up from CNY 501,963,428.67, reflecting an increase of about 2.4%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,574[10] - The company has a total of 39,430,000 restricted shares that will be released on November 23, 2023[14] Expenses - Advertising expenses increased by 67.76% to ¥46,211,143.30, with significant investments in various media including CCTV[7] - The company reported an increase in sales expenses to ¥46,211,143.30, up 67.5% from ¥27,546,675.92 in the previous period[22] - Total operating costs increased to ¥185,648,372.30, up 11.3% from ¥166,811,058.88 in the previous period[22] Other Income - The company received government subsidies related to daily operations, increasing other income by 100.76% to ¥2,166,869.33[9] - The company reported a 57.10% decrease in investment income to ¥2,779,150.69 compared to ¥6,478,221.73 in the previous year[9] Equity - The company's retained earnings grew to CNY 509,709,734.11 from CNY 492,899,704.54, reflecting an increase of about 3.4%[19] - The total equity attributable to shareholders rose to CNY 1,546,634,897.40 from CNY 1,529,824,867.83, showing an increase of approximately 1.1%[19] Inventory and Receivables - Inventory levels increased slightly to CNY 241,813,570.48 from CNY 237,667,221.70, representing a growth of about 1.0%[16] - The company reported accounts receivable of CNY 81,774,094.23, up from CNY 74,078,094.62, indicating an increase of approximately 10.0%[16] Audit Information - The company has not undergone an audit for the first quarter report[28]

Financial Performance - The total revenue for 2021 was RMB 806,241,308.44, representing a 10.95% increase compared to RMB 726,669,232.06 in 2020[18]. - The net profit attributable to shareholders decreased by 7.33% to RMB 118,587,387.62 from RMB 127,971,473.27 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was RMB 94,616,647.18, down 19.86% from RMB 118,065,961.48 in 2020[18]. - The basic earnings per share fell by 28.31% to RMB 1.19 from RMB 1.66 in 2020[18]. - The total revenue for the company in 2021 was CNY 800,212,446.50, representing a year-on-year increase of 10.49% compared to CNY 724,211,065.50 in 2020[51]. - The company achieved a revenue of 806.24 million yuan in 2021, representing a year-on-year growth of 10.95%[68]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion yuan, representing a 20% year-over-year growth[169]. - The company plans to distribute a cash dividend of RMB 5 per 10 shares to all shareholders[5]. Assets and Cash Flow - The total assets increased by 7.40% to RMB 1,694,608,296.62 at the end of 2021, up from RMB 1,577,807,677.98 at the end of 2020[18]. - The net cash flow from operating activities increased by 11.33% to RMB 119,694,277.36 compared to RMB 107,513,301.64 in 2020[18]. - Operating cash inflow totaled ¥927,313,397.39 in 2021, reflecting an 11.40% increase compared to 2020[93]. - Investment cash inflow surged by 118.16% to ¥2,083,025,315.65, primarily due to the maturity of financial products[93]. - The net increase in cash and cash equivalents decreased by 217.09% to -¥102,894,012.81, influenced by various cash flow changes[94]. Market and Product Development - The company is a leader in the mushroom sauce category and has developed differentiated products such as the supercritical CO2 extracted pepper oil series, showcasing its innovation capabilities[33]. - The company aims to enhance its market influence and reputation as a provider of healthy food through continuous innovation and a differentiated competitive strategy[34]. - The company launched a variety of new products, including the "Zhongjing Mushroom Sauce" and "Jindao Beef Sauce," expanding its product portfolio significantly[38]. - The company has implemented a flexible production model based on sales demand, ensuring efficient production management[45]. - The company is actively expanding its online sales channels, utilizing new media marketing strategies to enhance brand visibility and sales[46]. Research and Development - The company maintains a high R&D investment, focusing on new product development and technology innovation, and is recognized as a national high-tech enterprise[64]. - The company invested 32.42 million yuan in R&D, a 25.77% increase from the previous year, and received 14 new patent authorizations[75]. - The company is focusing on enhancing product quality through various R&D projects, including the stabilization of pepper oil resin and the extraction of effective components from chili peppers[90]. - The management team includes experienced professionals with backgrounds in pharmaceuticals and finance, enhancing the company's strategic direction[158]. Governance and Compliance - The company has established a complete business system and independent operational capabilities, ensuring independence from the controlling shareholder in business, personnel, assets, and finance[144]. - The board of directors consists of 9 members, including 3 independent directors, and has held 5 meetings during the reporting period, complying with relevant regulations[139]. - The company strictly adheres to laws and regulations regarding information disclosure, ensuring timely and accurate communication with investors[142]. - The company has taken steps to enhance its governance structure, aligning with regulatory requirements to promote healthy development[136]. Environmental Responsibility - The company has built a wastewater treatment plant with a daily capacity of 1000 cubic meters, located at No. 211, North Industrial Avenue, Xixia County, ensuring all wastewater is treated to meet Class A standards before discharge[200]. - The wastewater treatment process includes multiple stages such as screening, oil separation, and catalytic oxidation, achieving compliance with the Urban Wastewater Treatment Plant Pollutant Discharge Standards[200]. - During the reporting period, third-party testing confirmed that all major pollutants from the wastewater discharge points met the required standards[200]. Challenges and Risks - The company faces market competition risks due to product homogeneity and changing consumer preferences, which could impact revenue and profitability[126]. - Fluctuations in raw material prices, particularly for key ingredients like mushrooms and spices, pose a significant risk to the company's profitability[127]. - The rapid expansion of the company's operations and product variety has led to increased complexity in organizational structure and management, posing greater challenges for decision-making and risk control[130].

Revenue and Profitability - Revenue for Q3 2021 reached ¥214,221,012.53, an increase of 8.31% compared to the same period last year[3] - Net profit attributable to shareholders decreased by 9.53% to ¥37,414,461.93 in Q3 2021[3] - Basic earnings per share fell by 32.73% to ¥0.37, while diluted earnings per share also decreased by 32.73% to ¥0.37[3] - Total operating revenue for the third quarter reached ¥606,806,780.10, an increase of 10.9% compared to ¥547,246,456.60 in the same period last year[21] - Net profit for the period was ¥106,443,760.30, slightly up from ¥105,886,622.38, reflecting a growth of 0.5%[22] - Earnings per share (EPS) for the quarter was ¥1.06, down from ¥1.41 in the previous year[23] Assets and Liabilities - Total assets increased by 7.96% to ¥1,703,368,752.44 compared to the end of the previous year[3] - The company's current assets totaled CNY 1,224,436,739.06, a decrease of about 4.15% compared to CNY 1,277,338,738.84 at the end of 2020[17] - The total liabilities as of September 30, 2021, were CNY 184,294,409.97, compared to CNY 114,077,095.81 at the end of 2020, indicating a significant increase of about 61.55%[18] - The total equity attributable to shareholders of the parent company increased to ¥1,517,711,116.04 from ¥1,461,614,958.40, marking a growth of 3.8%[22] - The total liabilities and equity reached ¥1,703,368,752.44, up from ¥1,577,807,677.98, reflecting a growth of 7.9%[22] Cash Flow - Cash flow from operating activities for the year-to-date decreased by 36.76% to ¥93,673,053.42[3] - Cash flow from operating activities was ¥662,258,532.13, compared to ¥636,258,122.82 in the same period last year, showing a growth of 4.1%[25] - The net cash flow from operating activities was CNY 93,673,053.42, a decrease of 36.8% compared to CNY 148,133,186.81 in the previous year[26] - The ending balance of cash and cash equivalents was CNY 221,547,459.33, up from CNY 143,738,821.37, reflecting a growth of 54.1%[26] - The cash flow from financing activities showed a net outflow of CNY -4,118,749.99, compared to CNY -69,404,644.98 in the previous year, indicating an improvement[26] Expenses - Research and development expenses rose by 49.49% to ¥24,103,231.06 for the first nine months of 2021[9] - Sales expenses increased by 41.89% to ¥86,102,887.13 due to higher advertising and marketing costs[9] - Total operating costs amounted to ¥497,988,336.26, up 15.2% from ¥432,474,282.47 year-on-year[21] - The company recorded a decrease in financial expenses, reporting a net financial income of -¥1,219,564.30 compared to a cost of ¥769,219.22 last year[21] Investment Performance - Investment income surged by 533.39% to ¥10,299,898.44, attributed to increased returns from bank financial products[9] - The cash received from investment income was CNY 10,299,898.44, a significant increase from CNY 1,626,155.66, marking a growth of 532.5%[26] - The total cash inflow from investment activities was CNY 1,380,492,042.44, significantly up from CNY 655,181,525.12, marking an increase of 110.8%[26] - The net cash outflow from investment activities was CNY -48,497,350.10, worsening from CNY -27,607,543.38 year-over-year[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,118[10] - The company reported a total of 75,000,000 restricted shares, with no shares released during the reporting period[14] - The total equity remained stable at CNY 100,000,000.00, unchanged from the previous period[18] Company Strategy - The company has no plans for new product launches or significant market expansions mentioned in the report[15] - There were no mergers or acquisitions reported during this quarter[15]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥392,585,767.57, representing a 12.34% increase compared to ¥349,457,542.30 in the same period last year[20]. - The net profit attributable to shareholders was ¥69,084,260.87, which is a 7.14% increase from ¥64,480,117.90 in the previous year[20]. - The net profit after deducting non-recurring gains and losses decreased by 5.67% to ¥56,924,651.93 from ¥60,345,832.39 year-on-year[20]. - The net cash flow from operating activities was ¥74,953,657.61, down 17.51% from ¥90,868,181.89 in the same period last year[20]. - Basic earnings per share decreased by 19.77% to ¥0.69 from ¥0.86 in the previous year[20]. - The total assets at the end of the reporting period were ¥1,636,268,837.21, an increase of 3.71% from ¥1,577,807,677.98 at the end of the previous year[20]. - The net assets attributable to shareholders increased by 1.29% to ¥1,480,526,001.31 from ¥1,461,614,958.40 at the end of the previous year[20]. - The company achieved a revenue of 392.55 million yuan in the first half of 2021, representing a year-on-year growth of 12.34%[53]. - The net profit attributable to shareholders was 69.08 million yuan, with a year-on-year increase of 7.14%[53]. - The company reported a total profit of ¥78,546,762.53 for the first half of 2021, compared to ¥74,236,280.50 in the same period of 2020, marking a 5.5% increase[173]. Market and Industry Position - The company focuses on the development, production, and sales of seasoning foods and ingredients, positioning itself as a leading supplier in the domestic mushroom sauce category and spicy seasoning ingredients[27]. - The seasoning industry in China has shown a positive growth trend, with the total production of major seasoning sauce manufacturers increasing from 707,000 tons in 2013 to 965,500 tons in 2020[48]. - The market for flavored oils, particularly Sichuan pepper oil, is projected to grow at approximately 20% annually, with an expected market size of over 35 billion yuan by 2025[49]. - The company is a market leader in mushroom sauce and has developed differentiated products using supercritical CO2 extraction technology[51]. - The company aims to enhance its market share and competitiveness in the seasoning sauce sector due to increased sales performance and market demand[89]. Production and Operations - The company emphasizes a flexible production model based on sales demand, ensuring efficient production scheduling and management[39]. - The company has established a comprehensive procurement management system to ensure high-quality raw materials while controlling food safety risks[38]. - The company has established strong procurement relationships with approximately 50 local mushroom cooperatives, securing 70% of the local mushroom trade[64]. - The company employs supercritical CO2 extraction technology to produce high-concentration, pure flavor oils and resins, enhancing the stability of flavor profiles in its seasoning products[29]. - The sales volume of seasoning products increased due to the recovery of the catering market and rising demand from food production enterprises[53]. Research and Development - Research and development expenses increased by 66.61% to CNY 17,472,858.72, driven by higher costs for materials, labor, and technical services[70]. - The company is recognized as a national high-tech enterprise and has established several research centers to enhance its technological capabilities in product development[66]. Marketing and Sales - The company actively expands its online business through new media marketing strategies, enhancing brand visibility and sales[42]. - The company has enhanced its brand image and marketing efforts, targeting a younger demographic to increase brand awareness[54]. - The company expanded its distributor network, increasing the number of distributors by 119 to a total of 1,443, with significant growth in the South and Southwest regions[57]. - The company’s self-operated e-commerce business generated sales of 9.56 million yuan, accounting for 2.44% of total revenue[60]. Financial Management - The company reported a significant increase in travel expenses by 36.25% to CNY 5.48 million, attributed to reduced spending in the previous year due to the pandemic[72]. - The company reported a total of 118,737.99 million yuan in entrusted financial management, with an outstanding balance of 92,561.32 million yuan[95]. - The company reported a 146.84% increase in total investment amounting to CNY 1.17 billion compared to CNY 474.47 million in the same period last year[77]. - The company has committed to invest a total of RMB 49,200.00 million in various projects, with a cumulative investment of RMB 15,441.00 million achieved by the end of the reporting period[85]. Corporate Governance - The company held its first extraordinary general meeting in 2021 with an investor participation rate of 61.12% on January 14, 2021[108]. - The annual general meeting in 2020 had a participation rate of 61.25% and was held on April 27, 2021[108]. - The company has not engaged in any major related party transactions during the reporting period[129]. - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[153]. Social Responsibility - In January 2021, the company donated CNY 800,000 to support poverty alleviation efforts in Yantian Village, Xixia County[118]. - The company donated 300,000 bottles of mushroom sauce, valued at CNY 3 million, to aid disaster relief efforts in Zhengzhou following severe flooding in July 2021[118]. - The company invested 6.51 million yuan in a mushroom planting demonstration base to enhance local mushroom quality and support farmers[116]. - The company directly promoted farmers' income in production areas through agricultural industrialization, with a concentrated procurement of mushroom raw materials amounting to CNY 98.1151 million during the 2020 mushroom procurement season (November 2020 - April 2021)[117]. Environmental Compliance - The company has established a wastewater treatment facility with a daily capacity of 1,000 cubic meters, ensuring compliance with Class A discharge standards[113]. - A second wastewater treatment facility with a daily capacity of 50 cubic meters has also been built, meeting local discharge requirements[114]. - The company has received the "National Green Factory" title and is actively implementing energy-saving and emission-reduction initiatives[115].

仲景食品股份有限公司 2021 年第一季度报告全文 证券代码：300908 证券简称：仲景食品 公告编号：2021-025 仲景食品股份有限公司 2021 年第一季度报告 二〇二一年四月 仲景食品股份有限公司 2021 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人孙耀志、主管会计工作负责人王荷丽及会计机构负责人(会计主管人员)王荷 丽声明：保证季度报告中财务报表的真实、准确、完整。 1 非经常性损益项目和金额 √ 适用 □ 不适用 单位：元 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益（包括已计提资产减值准备的冲 | -245,349.55 | | | 销部分） | | | | 计入当期损益的政府补助（与企业业务密切相关，按 | 1,079,329.38 | | | 照国家统一标准定额或定量享受的政府补助除外） | | | | 委托他人投资或管 ...

Financial Performance - The company's operating revenue for 2020 was approximately ¥726.67 million, representing a 15.68% increase compared to ¥628.19 million in 2019[17]. - The net profit attributable to shareholders for 2020 was approximately ¥127.97 million, a significant increase of 39.65% from ¥91.64 million in 2019[17]. - The net profit after deducting non-recurring gains and losses was approximately ¥118.07 million, up 37.48% from ¥85.88 million in the previous year[17]. - The basic earnings per share for 2020 was ¥1.66, reflecting a 36.07% increase from ¥1.22 in 2019[17]. - The total assets of the company at the end of 2020 reached approximately ¥1.58 billion, a substantial increase of 167.85% from ¥589.06 million at the end of 2019[17]. - The net assets attributable to shareholders at the end of 2020 were approximately ¥1.46 billion, up 218.85% from ¥458.40 million at the end of 2019[17]. - The cash flow from operating activities for 2020 was approximately ¥107.51 million, a decrease of 38.73% compared to ¥175.46 million in 2019[17]. - The weighted average return on net assets for 2020 was 22.44%, an increase of 2.42% from 20.02% in 2019[17]. Dividend Policy - The company plans to distribute a cash dividend of ¥5 per 10 shares to all shareholders, based on a total of 100 million shares[5]. - The net profit attributable to shareholders for 2020 was RMB 127,971,473.27, with a cash dividend payout ratio of 39.07%[131]. - The company has a profit distribution policy that requires a minimum cash dividend ratio of 20% during growth phases with significant capital expenditures[126]. - The total distributable profit for the year 2020 was RMB 424,312,316.92, after accounting for legal reserves and previous retained earnings[128]. Market and Product Development - The company’s main business includes the research, production, and sales of seasoning foods and seasoning ingredients, with a focus on differentiated competition and continuous innovation[25]. - The company launched new products such as the "Jindao Beef Sauce" and "Specialty Seasoning Oil," contributing to increased sales volumes[37]. - The company launched new products, including a fresh chili sauce featuring innovative freshness-locking technology and a hot pot base with a bone broth flavor, receiving positive customer feedback[57]. - New product development included health-oriented seasoning ingredients like mushroom extract, contributing to a diversified product line and increased sales volume[58]. - The company plans to enhance its product offerings by developing new products such as mushroom oyster sauce and expanding existing products to meet customer needs[112]. Operational Efficiency - The company has implemented a flat management structure to enhance operational efficiency, resulting in a decrease in the period expense ratio[37]. - The company has established a procurement management system to ensure the quality and safety of raw materials, focusing on seasonal procurement for key ingredients[33]. - The company operates a dual sales model, with seasoning foods primarily sold through distributors and seasoning ingredients sold directly to food production enterprises[36]. - The company has established a strong supply chain advantage with approximately 70% of local mushroom suppliers in cooperation, ensuring a stable supply of raw materials[50]. R&D and Innovation - The company is recognized as a national high-tech enterprise and has established several research centers to enhance its R&D capabilities[51]. - The company has implemented a comprehensive quality control system, achieving certifications such as ISO22000 and BRC, ensuring high product quality[53]. - The company emphasizes innovation and has created a mechanism to encourage employee-driven innovation, enhancing its overall competitiveness[54]. - The company's R&D investment amounted to 25,779,001.99 yuan in 2020, accounting for 3.55% of operating revenue, with a year-on-year increase of 25.84%[84]. Market Trends - The trend towards health-conscious products is driving the development of new condiment products that align with consumer demand for health and safety[41]. - The diversification of condiment products is increasing, with consumers moving away from generic products towards specialized and functional varieties[41]. - The condiment industry is experiencing a shift towards high-end products, with consumers willing to pay more for better quality and flavor[41]. - The company has pioneered the mushroom sauce category and is a market leader, with its mushroom sauce series recognized as a domestic first and achieving a leading technical level[46]. Risks and Challenges - The company has outlined potential risks in its future development outlook, which investors should carefully consider[5]. - The company faces risks from market competition, which could impact its market share and profitability if it fails to innovate and maintain product quality[115]. - The company is also exposed to risks from fluctuations in the prices of key raw materials, such as mushrooms and spices, which could affect its profitability if not managed properly[117]. - The company faces management risks associated with rapid scale expansion, which complicates decision-making and risk control[120]. Environmental and Social Responsibility - The company has established a daily wastewater treatment capacity of 1,000 cubic meters at its facility, ensuring that treated wastewater meets the Class A discharge standards[177]. - The company has installed online monitoring equipment at its wastewater discharge points, with all monitored data indicating compliance with discharge standards during the reporting period[178]. - The company has actively engaged in strategic partnerships with suppliers and customers, ensuring timely payments to suppliers and providing support to distributors during the pandemic[168]. - The company has invested a total of 6.51 million yuan in targeted poverty alleviation efforts since January 2013, helping 57 registered impoverished individuals achieve poverty alleviation[171]. Shareholder Structure and Management - The largest shareholder, Henan Wanshi Holdings Co., Ltd., holds 39.43% of the shares, amounting to 39,430,000 shares[200]. - The second-largest shareholder, Zhu Xincheng, holds 13.50% of the shares, totaling 13,500,000 shares[200]. - The company has a total of 10 major shareholders, with the remaining shareholders holding less than 5% each[200]. - The company is under the control of Henan Wanshi Holdings, with familial ties among some shareholders[200].