Financial Performance - For the reporting period, the company achieved a main business revenue of RMB 246.1358 million, with overseas revenue accounting for 73.33% at RMB 180.5025 million[12]. - The company's operating revenue for the current period is ¥247,285,485.35, representing a 16.74% increase compared to ¥211,830,100.79 in the same period last year[26]. - The net profit attributable to shareholders of the listed company is ¥18,469,732.71, which is a 23.22% increase from ¥14,989,341.85 in the previous year[26]. - The company's main business revenue reached 246.14 million yuan, an increase of 16.36% year-on-year, with a net profit attributable to shareholders of 18.47 million yuan, up 23.22% year-on-year[37]. - The company's gross profit margin has decreased to 14.63% from 17.32% in the previous year[26]. - The company has achieved a net profit growth rate of 21.92%, compared to a decline of 21.06% in the previous year[29]. - The company's total assets at the end of the current period amount to ¥511,813,822.58, reflecting a 25.16% growth from ¥408,922,379.26 at the end of the previous year[27]. - The company's cash flow from operating activities has increased by 74.07%, reaching ¥32,102,671.20 compared to ¥18,442,430.19 in the same period last year[28]. - The company's total liabilities increased to ¥130,395,364.17 in the first half of 2022, up from ¥109,852,975.96 in the first half of 2021[141]. - The total equity attributable to shareholders rose to ¥395,085,781.50, up from ¥300,051,378.36, which is an increase of around 31.7%[137]. Share Issuance and Capital Structure - The company completed a public offering of 13.0434 million shares, raising a net amount of RMB 81.2111 million after deducting issuance costs[5]. - The total number of ordinary shares increased from 90,633,000 to 103,676,400, representing a change of 13,043,400 shares during the reporting period[99]. - The company raised a total of 93,912,480.00 yuan by issuing 13,043,400 shares at a price of 7.20 yuan per share[113]. - The net amount of raised funds after deducting issuance costs was 81,211,060.83 yuan[113]. - The company plans to use the raised funds for a 30,000-ton pet food project and operational support center[111]. - The shareholding of the top ten shareholders collectively accounts for 52.70% of the total shares[103]. - The controlling shareholder, Shandong Shouguang Tiancheng Food Group Co., Ltd., holds 36.56% of the shares after a decrease from 41.62%[100]. Dividend Distribution - The company distributed a cash dividend of RMB 0.5 per 10 shares to shareholders, with the record date set for June 8, 2022[5]. - The total amount of cash dividends distributed was 0.50 yuan per 10 shares[118]. - The company distributed dividends and interest payments totaling 5,197,570.00 during the period[153]. Research and Development - The company obtained multiple patents during the reporting period, including 1 design patent and 6 utility model patents for the parent company, and 8 utility model patents for its subsidiary[6]. - The company emphasizes continuous technology research and development, focusing on product quality improvement and cost reduction[35]. - Research and development expenses increased to CNY 8,471,241.98, up 23.63% from CNY 6,851,887.51[50]. Market and Customer Dependency - The company relies heavily on its top five customers, which accounted for 41.55% of its main business revenue, indicating a significant dependency risk[12]. - The company faces risks related to the OEM business model, as a decline in demand from foreign clients could adversely affect sales revenue[12]. - The company is actively expanding into emerging markets such as Southeast Asia and Latin America to reduce customer dependency risks[70]. - The company primarily exports its products, with key markets including Germany, the United States, and Japan, while also expanding its domestic sales through online and offline channels[35]. Risk Management - The company faces risks from raw material price fluctuations, particularly for meat products, and is implementing cost control measures to mitigate these risks[71]. - The company is exposed to exchange rate fluctuations as its main business revenue is primarily from foreign customers, and it is adopting multiple currencies for settlements to manage this risk[71]. - The company has established a comprehensive environmental protection strategy, ensuring compliance with relevant laws and regulations while managing waste and emissions effectively[68]. Governance and Compliance - The actual controller, Tiancheng Group, holds 36.56% of the company's shares, which poses a risk of influencing major decisions such as development strategy and profit distribution[72]. - The company has established a governance structure to mitigate risks associated with the actual controller's influence, including adherence to various internal regulations[72]. - There were no significant litigation or arbitration matters during the reporting period[75]. - The company has made commitments to avoid related party transactions and ensure fair pricing in any necessary transactions[93]. Employee and Management Structure - The company has a total of 1,860 employees at the end of the reporting period, an increase of 146 employees from the beginning of the period[129]. - The board of directors consists of 7 members, while the supervisory board has 3 members, and there are 6 senior management personnel[120]. - The total shareholding of directors, supervisors, and senior management is 9,543,775 shares, representing 9.20% of the total shares[123]. - The company appointed Zhao Fei as an independent director during the reporting period, replacing Chen Jie who resigned for personal reasons[125]. Financial Position and Assets - The company's total assets grew to ¥511,813,822.58 from ¥408,922,379.26, marking an increase of approximately 25.1%[137]. - Cash and cash equivalents increased by 56.00 million yuan, a rise of 118.86% year-on-year, mainly due to the public issuance of shares raising 83.96 million yuan[45]. - The company's inventory decreased by 2.51% year-on-year, amounting to 935.51 million yuan[43]. - The total equity attributable to shareholders increased by 95,605,588.20 during the period, with a total equity of 408,183,117.46 at the end of the period[155]. Future Outlook - The global pet food market is expected to reach 115 billion USD by 2024, with an average annual growth rate of 5.5% over the past decade[40]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[162].
路斯股份(832419) - 2022 Q2 - 季度财报