新农股份(002942) - 2024 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2024 was ¥538,918,120.82, representing an increase of 11.16% compared to ¥484,834,522.26 in the same period last year[10]. - The net profit attributable to shareholders of the listed company was ¥68,194,811.53, a significant increase of 165.98% from ¥25,639,408.36 in the previous year[10]. - Basic earnings per share rose to ¥0.44, up 175.00% from ¥0.16 in the previous year[10]. - The total assets at the end of the reporting period were ¥1,561,337,078.05, reflecting a growth of 5.78% from ¥1,476,010,746.37 at the end of the previous year[10]. - The net assets attributable to shareholders of the listed company increased to ¥1,165,988,726.94, a rise of 3.94% from ¥1,121,841,233.36 at the end of the previous year[10]. - The company's weighted average return on equity was 5.88%, an increase of 3.72 percentage points compared to 2.16% in the previous year[10]. - The gross profit margin for the pesticide industry improved by 5.68 percentage points to 30.98%, with operating revenue increasing by 11.87%[44]. - The company's international revenue grew by 25.75% to ¥109,328,109.52, while domestic revenue increased by 7.97% to ¥429,590,011.30[43]. Cash Flow and Investments - The net cash flow from operating activities reached ¥95,463,380.86, a remarkable increase of 750.57% compared to -¥14,673,758.69 in the same period last year[10]. - The total investment amount for the reporting period was ¥5,399,577.34, representing a 147.12% increase compared to ¥2,185,035.44 in the same period last year[49]. - The company reported a loss of ¥12.14 million from derivative investments during the reporting period[54]. - The cash and cash equivalents at the end of the period stood at CNY 84,232,615.53, down from CNY 100,503,922.56 at the end of the first half of 2023[151]. - The company generated a pre-tax investment income of 1.1755 million RMB from financial products purchased with idle fundraising during the first half of 2024[64]. Research and Development - The company invested CNY 2,995.85 million in R&D, representing 5.56% of its operating revenue, and holds a total of 151 patents, including 59 invention patents[16]. - Research and development investment decreased by 8.47% to ¥29,958,460.38 from ¥32,730,122.91 in the previous year[41]. - The company has developed a comprehensive technology management and R&D system, achieving domestic leading and internationally advanced production technology levels for its main products, with a total of 151 patent certificates obtained[32]. Market and Competition - The agricultural pesticide industry remains competitive, with a surplus of raw material products leading to declining prices[14]. - The company faces risks such as environmental and market competition risks that could lead to profit declines[1]. - The company is positioned to benefit from the increasing demand for environmentally friendly and low-residue pesticides as high-toxicity products exit the market[28]. - The company has established a strong market competitiveness through over ten years of technical marketing and promotion, focusing on the "6+1" core crops strategy[30]. Environmental Management - The company has strengthened its EHS management system, ensuring 100% compliance with pollutant discharge standards and no safety or environmental accidents during the reporting period[18]. - The company has established a comprehensive environmental monitoring system, ensuring real-time monitoring of emissions and compliance with environmental regulations[18]. - The company reported a total wastewater discharge of 3.5426 tons, with a chemical oxygen demand (COD) concentration of 480 mg/L, complying with the national standard GB 8978-1996[88]. - The company has implemented an environmental self-monitoring plan, with wastewater and air emissions monitored monthly by qualified third parties[99]. Corporate Governance and Compliance - The company has established a multi-tier governance structure, including a board of directors and various specialized committees[164]. - The company has been recognized as a "Contract-abiding and Credit-worthy Enterprise" by the market supervision administration for several consecutive years[103]. - The company emphasizes legal compliance and actively contributes to social responsibility through tax payments and job creation[100]. - The company has no significant penalties or rectifications during the reporting period[113]. Safety Management - The company has actively participated in social welfare initiatives, emphasizing its commitment to corporate social responsibility[105]. - The company established a safety management department with 12 dedicated safety personnel to oversee daily safety operations[107]. - In the first half of 2024, the company invested a total of 1.19 million yuan in safety production improvements, ensuring no major safety incidents occurred during the reporting period[106]. - A total of 433 employees received training in safety production, with a 100% certification rate for key personnel[109]. Shareholder Information - The largest shareholder, New Hui Investment, holds 54.50% of the total shares, amounting to 85,020,000 shares[130]. - The total number of common stock shareholders at the end of the reporting period was 7,450, with no significant changes in the number of shares held[130]. - The company has not disclosed any new strategies or future outlook in the provided documents[131]. - The company has cumulatively distributed cash dividends of 259.5494 million yuan since its listing in 2018[101].