华凯易佰(300592) - 2024 Q2 - 季度财报

Important Notes, Table of Contents, and Definitions This section provides the company's assurance of report accuracy, lists all chapters, details reference documents, and defines key terms. Important Notes The board and management assure report accuracy and completeness, taking legal responsibility, and state no cash dividends or capital reserve conversions are planned. - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report content and assume legal responsibility[1] - Company head Hu Fanjin, chief accountant He Rixin, and head of accounting department Wang Haichun declare that the financial report in this semi-annual report is true, accurate, and complete[1] - The company plans not to distribute cash dividends, issue bonus shares, or convert capital reserves into share capital[1] Table of Contents This chapter outlines all sections of the 2024 semi-annual report, covering key company information, financial performance, governance, and significant events. Catalog of Reference Documents This chapter lists the report's reference documents, including the original report, financial statements, and publicly disclosed materials. - Reference documents include the original full text of the 2024 semi-annual report signed by the company's legal representative[3] - Reference documents include financial statements signed and sealed by the company head, chief accountant, and head of the accounting department[3] Definitions This chapter defines key terms used in the report, covering company entities, reporting periods, and cross-border e-commerce terminology. - Company, this company, Huakai Yibai refers to Huakai Yibai Technology Co., Ltd., formerly known as "Hunan Huakai Cultural Creative Co., Ltd."[4] - Reporting period, this reporting period, this period refers to January 1, 2024, to June 30, 2024[4] - FBA, or Fulfillment by Amazon, means sellers send product inventory to Amazon's local warehouse for Amazon's system to complete shipments[4] Company Profile and Key Financial Indicators This section provides an overview of the company's basic information, contact details, and key financial performance metrics. I. Company Profile This chapter provides the company's basic information, including stock details, names, and legal representative. Company Basic Information | Indicator | Content | | :--- | :--- | | Stock Abbreviation | Huakai Yibai | | Stock Code | 300592 | | Stock Exchange | Shenzhen Stock Exchange | | Company Chinese Name | Huakai Yibai Technology Co., Ltd. | | Company Legal Representative | Hu Fanjin | II. Contact Persons and Information This chapter provides contact details for the company's board secretary and securities affairs representative. - The Board Secretary is Wang Anqi, and the Securities Affairs Representative is Liu Yi, both with the contact address at 1610, Building A, Kailin International, No. 53 Binjiang Road, Yuelu District, Changsha City, Hunan Province[6] III. Other Information This chapter confirms no changes in company contact information, disclosure channels, or registration status during the reporting period. - The company's registered address, office address, website, and email address remained unchanged during the reporting period[7] - The company discloses its semi-annual report on the Shenzhen Stock Exchange website (http://www.szse.cn) and through media such as "China Securities Journal" and Juchao Information Network (http://www.cninfo.com.cn)[9](index=9&type=chunk) - The company's registration status remained unchanged during the reporting period, as detailed in the 2023 annual report[10] IV. Key Accounting Data and Financial Indicators This chapter presents key accounting data and financial indicators for the current period versus last year, detailing revenue, net profit, cash flow, EPS, and asset changes. Comparison of Key Accounting Data and Financial Indicators | Indicator | Current Period (CNY) | Prior Period (CNY) | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 3,518,832,273.28 | 2,992,170,296.01 | 17.60% | | Net Profit Attributable to Shareholders | 134,533,879.70 | 207,959,293.06 | -35.31% | | Net Profit Attributable to Shareholders Excluding Non-Recurring Items | 130,237,156.55 | 192,541,881.30 | -32.36% | | Net Cash Flow from Operating Activities | -127,669,430.62 | 277,370,050.96 | -146.03% | | Basic Earnings Per Share (CNY/share) | 0.35 | 0.76 | -53.95% | | Diluted Earnings Per Share (CNY/share) | 0.35 | 0.75 | -53.33% | | Weighted Average Return on Net Assets | 6.14% | 9.42% | -3.28% | | Period-End Indicators | Current Period-End (CNY) | Prior Year-End (CNY) | YoY Change | | Total Assets | 3,638,996,017.04 | 3,256,116,616.10 | 11.76% | | Net Assets Attributable to Shareholders | 2,201,833,342.24 | 2,133,962,523.65 | 3.18% | V. Differences in Accounting Data Under Domestic and Overseas Accounting Standards This chapter confirms no differences in net profit or net assets between domestic and international accounting standards during the reporting period. - The company's financial reports for the reporting period show no differences in net profit and net assets when disclosed under International Accounting Standards versus Chinese Accounting Standards[12] - The company's financial reports for the reporting period show no differences in net profit and net assets when disclosed under overseas accounting standards versus Chinese Accounting Standards[12] VI. Non-Recurring Gains and Losses and Amounts This chapter details non-recurring gains and losses for the period, totaling 4.30 million CNY, and confirms no misclassification of these items. Non-Recurring Gains and Losses and Amounts | Item | Amount (CNY) | | :--- | :--- | | Gains/Losses from Disposal of Non-Current Assets | 4,574.84 | | Government Grants Recognized in Current Profit/Loss | 980,331.94 | | Fair Value Changes and Disposal Gains/Losses from Financial Assets and Liabilities Held by Non-Financial Enterprises (excluding effective hedge accounting related to normal operations) | 1,141,833.38 | | Fund Occupancy Fees Received from Non-Financial Enterprises Recognized in Current Profit/Loss | 55,687.50 | | Reversal of Impairment Provisions for Receivables Subject to Separate Impairment Testing | 3,576,546.17 | | Other Non-Operating Income and Expenses (excluding the above) | -1,305,420.01 | | Less: Income Tax Impact | 145,927.94 | | Minority Interest Impact (After Tax) | 10,902.73 | | Total | 4,296,723.15 | - The company does not classify non-recurring gains and losses listed in "Interpretive Announcement No. 1 for Information Disclosure by Companies Issuing Securities to the Public—Non-Recurring Gains and Losses" as recurring gains and losses[14] Management Discussion and Analysis This section provides a comprehensive analysis of the company's business operations, financial performance, competitive advantages, and risk factors during the reporting period. I. Principal Business Activities During the Reporting Period The company conducted cross-border export e-commerce via Yibai Network, focusing on general, premium, and ecosystem platform businesses, leveraging data and AIGC for efficiency. 1. Main Business The company's core business is cross-border export e-commerce, selling cost-effective Chinese goods globally via platforms like Amazon and eBay. - The company conducts cross-border export e-commerce business through its wholly-owned subsidiary Yibai Network, leveraging China's high-quality supply chain resources and market demand orientation[15] - It primarily sells cost-effective Chinese manufactured goods to overseas end-consumers through third-party platforms such as Amazon, eBay, AliExpress, Cdiscount, TikTok, and Walmart[15] 2. Main Products and Services The company offers general merchandise (1.08 million SKUs, 107 CNY AOV), premium products (1,284 SKUs, 385 CNY AOV, TikTok-driven), and Yimai Ecosystem Platform services (219 merchants, seven core services). - General merchandise business offers approximately 1.08 million SKUs with an average order value of about 107 CNY, achieving low cost and high efficiency through data-driven and systematic operations[16] - Premium product business offers approximately 1,284 SKUs