史丹利(002588) - 2024 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2024 was CNY 5,672,469,084.25, representing a 9.04% increase compared to CNY 5,202,386,280.09 in the same period last year[11]. - Net profit attributable to shareholders was CNY 510,343,941.32, up 27.98% from CNY 398,777,394.19 year-on-year[11]. - The net profit after deducting non-recurring gains and losses was CNY 438,865,087.39, reflecting a 15.19% increase compared to CNY 380,990,218.89 in the previous year[11]. - Basic and diluted earnings per share increased to CNY 0.44, a rise of 29.41% from CNY 0.34[11]. - The weighted average return on equity was 8.04%, up from 7.11% in the previous year, indicating improved profitability[11]. - The company's total comprehensive income for the first half of 2024 was ¥496,810,201.81, compared to ¥396,836,942.21 in the first half of 2023, reflecting a growth of 25.2%[124]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to CNY 120,578,415.89, a 151.17% increase from a negative CNY 235,647,009.27 in the same period last year[11]. - The company's cash and cash equivalents decreased from ¥2,590,148,908.15 to ¥1,854,633,834.87, a decline of approximately 28.4%[115]. - The company's cash flow from operating activities was ¥5,697,398,105.30 in the first half of 2024, compared to ¥4,280,038,780.60 in the same period of 2023, indicating a significant increase of 33.1%[125]. - The total cash and cash equivalents at the end of the period stood at 780,888,658.93 yuan, down from 2,502,083,640.88 yuan at the end of the first half of 2023[128]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,357,679,595.96, down 3.32% from CNY 12,782,482,045.55 at the end of the previous year[11]. - The company's total liabilities decreased from ¥5,669,829,056.91 to ¥4,887,210,376.57, a reduction of about 13.8%[117]. - The company's total equity increased from ¥7,112,652,988.64 to ¥7,470,469,219.39, an increase of approximately 5.0%[117]. - The company's retained earnings increased from ¥4,099,350,769.16 to ¥4,459,736,005.48, an increase of about 8.8%[117]. Research and Development - Research and development expenses rose by 22.87% to ¥203,885,171.80, compared to ¥165,937,098.23 in the previous year[27]. - Research and development expenses for the first half of 2024 amounted to ¥45,961,020.38, up from ¥38,095,371.44 in the first half of 2023, representing an increase of 20.6%[123]. - The company has a total of 351 patented technologies as of the end of the reporting period, reflecting its strong commitment to innovation[24]. Market and Sales Performance - The retail sales of the company's horticultural fertilizer business amounted to CNY 66.03 million, up 25.50% year-on-year, with sales volume increasing by 32.65%[18]. - The revenue from phosphate compound fertilizers was ¥5,620,515,255.00, accounting for 99.08% of total revenue, with a year-on-year growth of 10.96%[28]. - The company continues to enhance its market share amid rising industry concentration, driven by product innovation and efficient operations[17]. Environmental Compliance and Management - The company has implemented strict monitoring of wastewater discharge, with COD levels at 0.0329 tons and ammonia nitrogen at 0.0026 tons, both within regulatory limits[51]. - The company has established a comprehensive environmental management and supervision system, ensuring compliance with national environmental laws and regulations[61]. - The company has not experienced any environmental accidents during the reporting period, indicating effective environmental management[62]. - The company has achieved zero wastewater discharge by fully recycling cleaning wastewater in its production lines[69]. Corporate Governance and Shareholder Information - The company held its annual general meeting with a participation rate of 58.17% on May 10, 2024[45]. - The total number of ordinary shareholders at the end of the reporting period was 41,684, with a total of 267,518,800 shares held[106]. - The largest shareholder, Gao Wenban, holds 23.12% of the shares, totaling 267,518,800 shares[106]. - The company has no significant litigation or arbitration matters reported during the period[75]. Strategic Initiatives and Future Plans - The company plans to expand its market presence with new product developments and strategic investments in green fertilizer projects[36]. - The company has committed to a paperless office initiative through the use of an information platform for safety training and hazard inspections[69]. - The company is focusing on expanding its market presence through the development of new specialized fertilizers[58].