润本股份(603193) - 2024 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2024 reached ¥744,026,325.46, representing a 28.47% increase compared to ¥579,148,307.43 in the same period last year[15]. - The net profit attributable to shareholders of the listed company was ¥180,027,022.76, a 50.69% increase from ¥119,468,651.91 in the previous year[15]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥175,450,355.31, up 48.05% from ¥118,505,848.55 year-on-year[15]. - The net cash flow from operating activities was ¥140,862,793.07, reflecting a 10.10% increase compared to ¥127,939,805.89 in the same period last year[15]. - Basic earnings per share increased by 25.71% to CNY 0.44 compared to the same period last year[16]. - Diluted earnings per share also rose by 25.71% to CNY 0.44 year-on-year[16]. - The total profit for the first half of 2024 was ¥209,971,639.50, an increase from ¥141,359,585.56 in the first half of 2023, indicating strong overall performance[99]. - The total comprehensive income attributable to the parent company's owners for the first half of 2024 was ¥180,027,022.76, up from ¥119,468,651.91 in the previous year[100]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,234,144,332.07, a 10.66% increase from ¥2,018,870,919.90 at the end of the previous year[15]. - The total liabilities amounted to CNY 198,739,996.11, compared to CNY 95,123,467.14, reflecting a growth of about 108.7%[92]. - Current assets totaled CNY 1,912,652,406.09, up from CNY 1,716,333,346.68, indicating an increase of about 11.5%[91]. - The company's inventory increased to CNY 166,253,963.31 from CNY 92,911,341.43, representing a significant rise of about 78.8%[91]. - Accounts payable rose to CNY 134,532,232.00 from CNY 52,714,979.88, marking an increase of approximately 155.5%[92]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of ¥1.80 per 10 shares, totaling approximately ¥72,826,796.52 based on the total share capital as of June 30, 2024[3]. - The company reported a profit distribution of approximately -¥68.78 million for the first half of 2024, indicating a loss in retained earnings[108]. - The company plans to distribute dividends of 1.80 RMB for every 10 shares, as part of its profit distribution proposal[37]. Research and Development - Research and development expenses increased by 22.69% to approximately 14.76 million RMB, emphasizing the company's commitment to innovation[25]. - The company launched over 50 new products during the reporting period, including a children's sunscreen and a mosquito repellent spray[23]. - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the provided data[97]. Market and Competition - The company faces risks from intensified industry competition, particularly in the e-commerce sector, which may impact its operational performance[32]. - The company actively expanded its online and offline sales channels, maintaining significant market share on platforms like Tmall and JD[23]. - The total retail sales of consumer goods in China reached CNY 2,359.69 billion, with a year-on-year growth of 3.7%[21]. Environmental Responsibility - The company is committed to environmental responsibility, although specific details on environmental initiatives were not disclosed[38]. - The company strictly complies with environmental laws and regulations, ensuring pollution control facilities are designed, constructed, and operated simultaneously with main projects[39]. - The company has implemented clean production and emission reduction measures, actively reducing pollutant emissions through improved production processes and the use of clean energy[39]. Shareholding and Governance - The company reported a commitment to not transfer or manage shares held prior to the IPO for a period of 12 months from the listing date[45]. - Shareholders with over 5% holdings are also bound by a similar 12-month lock-up period following the IPO[46]. - The company has established a policy that limits annual share transfers by senior management to no more than 25% of their total holdings[47]. Financial Management - The total amount of funds raised from the initial public offering (IPO) was ¥1,054,792,200, with a net amount of ¥971,228,451 after deducting issuance costs[75]. - The company has no significant litigation or arbitration matters during the reporting period[71]. - The company has committed to ensuring that the IPO does not involve any fraudulent issuance[70]. Accounting Policies - The company adheres to the Chinese Accounting Standards, ensuring that its financial statements accurately reflect its financial position and performance[120]. - The company has established a materiality threshold of 4 million RMB for significant prepaid items, accounts payable, contract liabilities, and other payables aged over one year[124]. - The company recognizes revenue when control of the goods is transferred to the customer, which includes the ability to dominate the use of the goods and obtain almost all economic benefits[163]. Taxation - The company has obtained high-tech enterprise certification, allowing a reduced corporate income tax rate of 15% until December 31, 2024[176]. - The company’s subsidiaries that qualify as small and micro enterprises can benefit from a reduced corporate income tax rate of 20% on taxable income not exceeding 1 million yuan[176]. - The company benefits from a 100% tax deduction on R&D expenses, enhancing its investment in innovation and technology development[178].