哈森股份(603958) - 2016 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2016 was ¥865,869,267.89, a decrease of 17.08% compared to ¥1,044,249,654.15 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2016 was ¥53,683,220.04, down 37.44% from ¥85,808,949.19 in the previous year[18]. - The net cash flow from operating activities was -¥4,060,439.80, compared to ¥2,157,569.52 in the same period last year, indicating a significant decline[18]. - Basic earnings per share for the first half of 2016 were ¥0.32, a decrease of 38.70% from ¥0.52 in the same period last year[19]. - The weighted average return on equity decreased by 6.83 percentage points to 8.04% from 14.87% in the previous year[19]. - The company achieved operating revenue of CNY 865.87 million in the first half of 2016, a year-on-year decline of 17.08%[25]. - Net profit attributable to the parent company was CNY 53.68 million, down 37.44% year-on-year, while net profit excluding non-recurring gains and losses was CNY 49.83 million, a decrease of 24.35%[25]. - The company reported a total profit of CNY 58,124,822.20, down 47.3% from CNY 110,343,247.70 in the same period last year[84]. - Operating profit for the first half of 2016 was CNY 53,435,969.36, representing a decline of 36.2% from CNY 83,801,996.94 in the previous year[84]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,677,696,328.23, an increase of 36.70% from ¥1,227,259,809.87 at the end of the previous year[18]. - The total amount of raised funds in 2016 was CNY 44,921.57 million, which has not yet been utilized as of the report date[41]. - The company has provided guarantees totaling CNY 24,015 million, which accounts for 20.72% of the company's net assets[49]. - The company has a subsidiary, Shenzhen Zhenxing Footwear, with total assets of CNY 13,213.86 million and a net profit of CNY 151.95 million[42]. - The company has incurred a net loss of CNY 181.94 million from its subsidiary Fuzhou Zhenzhan Footwear[42]. - Total assets increased to CNY 1,677,696,328.23, up from CNY 1,227,259,809.87, representing a growth of approximately 36.6% year-over-year[78]. - Total liabilities decreased to CNY 518,588,573.50 from CNY 568,265,852.20, a reduction of approximately 8.7%[79]. - The company’s total assets at the end of the reporting period were CNY 1,159,107,754.73, reflecting a robust asset base[99]. Cash Flow - The net cash flow from operating activities was -4,060,439.80 RMB, a decrease compared to 2,157,569.52 RMB in the previous period[92]. - Total cash inflow from financing activities was 775,308,987.21 RMB, significantly higher than 342,611,592.86 RMB in the prior period[93]. - The net cash flow from financing activities increased to 527,437,445.28 RMB from 20,275,472.42 RMB year-over-year[93]. - The cash flow from operating activities showed a negative net amount of -15,539,001.36 RMB, contrasting with a positive 12,325,223.56 RMB in the prior period[94]. - The total cash inflow from operating activities was 1,024,668,014.49 RMB, down from 1,220,562,499.24 RMB in the previous period[92]. Shareholder Information - The company issued 5.436 million new shares in June 2016, increasing total shares from 16.3 million to 21.736 million[63]. - As of the end of the reporting period, the total number of shareholders was 51,190[64]. - The largest shareholder, Zhenxing International Co., Ltd., held 148,359,935 shares, representing 68.26% of total shares[66]. - The company’s public offering resulted in a total share capital of 217,360,000 after the issuance[63]. - The total number of shares with limited sale conditions was 54,350,882, which is 25.01% of total shares[62]. - The company has a total of 148,359,935 shares held by Zhenxing International, which will be unlocked for trading in June 2019[69]. - The company’s strategic investor, Harrison (BVI), holds 52.74% of the shares, indicating a significant control over the company[68]. Governance and Compliance - The company has established a complete governance structure, ensuring compliance with relevant laws and regulations, and improving management efficiency[58]. - The company has not reported any major litigation or arbitration issues during the reporting period[45]. - The company has not engaged in any asset transactions or mergers during the reporting period[46]. - The company has committed to reducing and regulating related party transactions, ensuring that transaction prices are fair and in line with normal commercial practices[55]. - The company has no significant changes in accounting policies or estimates during the reporting period[59]. Accounting Policies - The company adheres to the enterprise accounting standards, ensuring that financial statements accurately reflect its financial position, operating results, changes in shareholders' equity, and cash flows[113]. - The company's accounting currency is Renminbi (RMB)[116]. - The company includes all subsidiaries under its control in the consolidated financial statements, ensuring consistency in accounting policies and periods[123]. - The company recognizes goodwill when the merger cost exceeds the fair value of identifiable net assets acquired[121]. - The company assesses impairment indicators for construction projects at each reporting period and estimates recoverable amounts based on fair value less disposal costs or the present value of expected future cash flows[181]. Research and Development - The company invested CNY 13.09 million in research and development, a decrease of 9.70% from the previous year[27]. - The company has five proprietary brands and is in the process of acquiring trademark rights for additional brands, indicating ongoing market expansion efforts[106]. Market Presence - The company operates primarily through direct sales and e-commerce platforms, enhancing its market reach and customer engagement[106]. - The company has been recognized multiple times for quality and service excellence, which strengthens its brand reputation in the market[107]. - The company’s stock was listed on the Shanghai Stock Exchange on June 29, 2016, marking a significant milestone in its growth strategy[107].