贝因美(002570) - 2016 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2016 was approximately ¥1.36 billion, a decrease of 23.23% compared to ¥1.77 billion in the same period last year[21]. - The net profit attributable to shareholders of the listed company was a loss of approximately ¥214.22 million, representing a decline of 108.07% from a loss of ¥102.96 million in the previous year[21]. - The net cash flow from operating activities was negative at approximately ¥225.89 million, a decrease of 21.70% compared to a negative cash flow of ¥185.62 million in the same period last year[21]. - The basic and diluted earnings per share were both -¥0.21, reflecting a 110.00% decline from -¥0.10 in the previous year[21]. - The total comprehensive income for the period decreased by 5,215.4 million yuan, reflecting a significant decline compared to the previous period[151]. - The net profit for the first half of 2016 was a loss of ¥213,215,509.00, which is a 37.5% increase in loss compared to ¥154,743,780.55 in the previous year[141]. - The company reported a net profit loss of between -320 million to -290 million CNY for the first nine months of 2016, compared to a net profit of -215.91 million CNY in the same period of 2015, indicating a significant decline in performance[70]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥5.32 billion, a slight decrease of 0.03% from ¥5.32 billion at the end of the previous year[21]. - The net assets attributable to shareholders of the listed company were approximately ¥3.45 billion, down 5.98% from ¥3.67 billion at the end of the previous year[21]. - Total current assets decreased to ¥2,870,359,021.87 from ¥3,114,511,145.04, a reduction of about 7.8%[128]. - Total liabilities increased to ¥1,908,160,506.42 from ¥1,656,795,323.57, reflecting an increase of approximately 15.1%[129]. - The company's total assets slightly decreased to ¥5,321,952,106.47 from ¥5,323,500,322.16, a negligible decline of about 0.03%[130]. - The total equity attributable to the parent company decreased to ¥3,448,623,885.05 from ¥3,668,061,858.80, a drop of approximately 6.0%[130]. Revenue Breakdown - The company's revenue for the infant and child sector was approximately ¥1.36 billion, representing a year-over-year decrease of 23.23%[44]. - The revenue from the milk powder category was about ¥1.29 billion, with a year-over-year decline of 21.41%[44]. - The revenue from the rice flour category saw a significant drop of 49.96%, totaling approximately ¥32.86 million[44]. - The southern region generated revenue of approximately ¥796.31 million, down 23.88% year-over-year[44]. - The northern region's revenue was around ¥564.49 million, reflecting a decrease of 22.30% compared to the previous year[44]. Investment and Development - Research and development investment increased by 57.83% to CNY 21,420,567.35, reflecting a higher focus on product development[33]. - Six specialized products have been developed and are ready for registration, aimed at expanding into new business areas[39]. - The company is preparing for the upcoming formula milk powder registration system by improving production environments and training staff on new regulations[38]. - The company is enhancing its global supply chain and deepening strategic partnerships with international dairy giants[29]. - The company has outlined plans for potential mergers and acquisitions to strengthen its market position and diversify its product offerings[174]. Cash Flow and Financing - Cash flow from operating activities was CNY -225,888,624.96, a decrease of 21.70% year-on-year[33]. - Cash and cash equivalents increased by 945.62% to CNY 334,436,024.76, primarily due to the recovery of maturing financial products and increased bank loans[33]. - The company raised ¥546,585,118.89 from financing activities, significantly higher than ¥12,850,000.00 in the previous year[145]. - The ending cash and cash equivalents balance increased to ¥574,386,378.65, compared to ¥196,133,189.61 at the end of the previous year, marking a substantial increase of 192.5%[145]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 82,866[112]. - The largest shareholder, Beiyinmei Group Co., Ltd., holds 33.06% of the shares, totaling 338,083,494 shares, with 121,000,000 shares pledged[112]. - The second largest shareholder, Fonterra Co-operative Group Limited, holds 18.82% of the shares, totaling 192,427,112 shares[112]. - The company did not distribute cash dividends or issue new shares from capital reserves in the previous fiscal year[71]. Compliance and Governance - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[6]. - The half-year financial report was not audited[125]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations[165]. - The company adheres to the accounting standards for enterprises, ensuring the financial statements reflect a true and complete picture of its financial status[167].