华斯股份(002494) - 2024 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2024 was CNY 256,192,735.41, representing a 65.98% increase compared to CNY 154,347,787.88 in the same period last year[10]. - The net profit attributable to shareholders was CNY 6,853,684.99, a significant turnaround from a loss of CNY 3,945,638.95 in the previous year, marking a 273.70% increase[10]. - The net profit after deducting non-recurring gains and losses was CNY 6,475,512.18, compared to a loss of CNY 7,355,053.22 last year, reflecting an improvement of 188.04%[10]. - The basic earnings per share increased to CNY 0.0183 from a loss of CNY 0.0105, showing a growth of 274.29%[10]. - The company reported a total income of 378,172.81 yuan after accounting for minority interests and tax effects[13]. - The company reported a comprehensive income total of CNY 5,986,831.91, compared to a loss of CNY 5,229,590.72 in the previous year[77]. - The company reported a net loss of ¥398,467,150.66, compared to a loss of ¥405,320,835.65 in the previous period, indicating a slight improvement in financial performance[72]. - The total comprehensive income for the current period is 21,746,996.46 CNY[89]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,555,762,145.00, down 6.66% from CNY 1,666,752,312.23 at the end of the previous year[10]. - The total liabilities decreased to CNY 375,358,767.81 from CNY 480,856,257.58, indicating a reduction of approximately 22%[76]. - Total current liabilities totaled CNY 361,881,180.04, down from CNY 466,870,682.19, reflecting a decrease of about 22.4%[76]. - The total equity attributable to shareholders decreased from ¥1,224,070,581.61 to ¥1,215,056,722.12, a slight decline of about 0.74%[72]. - The company’s total equity at the end of the reporting period was 1,193,793,14 CNY, reflecting changes in comprehensive income and capital contributions[84]. Cash Flow - The company reported a net cash flow from operating activities of CNY -46,436,804.36, a decline of 629.02% from CNY 8,777,847.56 in the same period last year[10]. - The cash flow from operating activities for the first half of 2024 was CNY -46,436,804.36, a decline from CNY 8,777,847.56 in the same period of 2023[81]. - Total cash inflow from operating activities was 127,180,006.81 CNY, while cash outflow was 166,964,818.07 CNY, resulting in a cash flow deficit[82]. - The company reported a total cash balance of ¥79,181,082.62 at the end of the period, down from ¥158,131,551.84 at the beginning of the period, indicating a decrease of approximately 50%[193]. Research and Development - The company has a strong R&D capability, being recognized as a national high-tech enterprise with a dedicated fur engineering technology research center[16]. - The company’s R&D investment was ¥3,822,335.24, a slight increase of 2.58% from ¥3,726,217.94[22]. - Research and development expenses for the first half of 2024 were CNY 3,822,335.24, slightly up from CNY 3,726,217.94 in the same period last year[76]. Market Strategy - The company operates in the fur fashion industry, focusing on the entire value chain from raw material processing to sales, with a total construction area of 130,000 square meters for the China Suxin International Fur Trading Center[14]. - The company’s sales strategy includes both OEM and ODM models, with a focus on international markets, particularly in Western Europe[17]. - The company aims to enhance its market competitiveness through innovation and brand strategy, promoting the transformation and upgrading of the traditional fur industry[14]. - The company plans to enhance brand building and increase market share in the domestic market[44]. Environmental and Regulatory Compliance - The company has established two wastewater treatment systems and implements rainwater and sewage diversion[50]. - The comprehensive wastewater treatment facility has a processing capacity of 1,600 m³/d and operates normally[50]. - The company has obtained an environmental permit valid until December 14, 2028[49]. - All pollutant indicators have met the discharge standards during quarterly inspections by environmental authorities[50]. - The company is classified as a key pollutant discharge unit by environmental protection authorities[49]. Shareholder Information - The company maintains a shareholding structure where 24.00% of shares are subject to sale restrictions, totaling 90,540,280 shares[58]. - The total share capital of the company as of June 30, 2024, is 377,310,718 shares, with a registered capital of RMB 377,310,718[100]. - The company repurchased 4,227,600 shares from April 15 to April 30, 2024, accounting for 1.12% of the total share capital of 377,310,718 shares, with a total expenditure of RMB 15,001,041[59]. Risk Management - The company has outlined potential risks and countermeasures in its management discussion and analysis section[1]. - The company aims to improve risk management and customer communication to mitigate macroeconomic risks[44]. Inventory Management - Total inventory balance is 376,748,001.22 CNY, representing 24.22% of total assets, an increase of 2.46% compared to the previous year[36]. - Inventory turnover days for fur clothing is 829 days, with a year-on-year decrease of 4.40%[33]. - The company has established a five-level classification standard for raw materials, optimizing resource allocation and ensuring product quality[21]. Legal and Compliance Matters - There were no major lawsuits or arbitration matters reported during the reporting period[53]. - The company has not engaged in any significant related party transactions or non-operating fund occupation[54]. - The half-year financial report has not been audited[53]. Accounting Policies - The company follows the accounting standards issued by the Ministry of Finance, ensuring that the financial statements reflect its financial position and operating results accurately[106]. - The company has implemented changes in accounting policies effective January 1, 2024, in accordance with the Ministry of Finance's new guidelines[187].