得利斯(002330) - 2017 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2017 was ¥694,025,566.12, a decrease of 16.19% compared to ¥828,048,879.68 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was ¥1,119,607.48, down 92.99% from ¥15,974,972.99 in the previous year[20]. - The net cash flow from operating activities was -¥7,948,162.16, a decline of 123.26% compared to ¥34,172,029.27 in the same period last year[20]. - Basic earnings per share decreased by 93.13% to ¥0.0022 from ¥0.032 in the previous year[20]. - The company reported a significant decrease in net profit after deducting non-recurring gains and losses, amounting to -¥2,883,733.48, compared to ¥13,461,609.51 in the previous year, a decline of 121.42%[20]. - The weighted average return on net assets was 0.08%, down from 1.18% in the previous year, indicating a significant drop in profitability[20]. - The company reported a net profit of CNY 583,547.66, a significant decrease from CNY 19,069,445.71 in the previous year[134]. - The company's operating revenue for the current period is CNY 191,017,370.86, an increase of 2.2% compared to CNY 185,868,454.11 in the previous period[137]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,651,389,602.57, down 7.42% from ¥1,783,677,030.56 at the end of the previous year[20]. - The total amount of raised funds is RMB 79,932.22 million, with a total investment of RMB 81,112.17 million as of June 30, 2017[54][57]. - The total liabilities decreased to CNY 327,785,842.57 from CNY 463,364,616.57, a reduction of 29.3%[127]. - The company's total current assets decreased from 686,382,260.80 RMB at the beginning of the period to 572,004,681.15 RMB at the end of the period, a decrease of approximately 16.6%[125]. - The company's total assets decreased from 1,783,677,030.56 RMB at the beginning of the period to 1,651,389,602.57 RMB at the end of the period, a decrease of approximately 7.4%[125]. Cash Flow - The net cash flow from operating activities was negative at -¥7,948,162.16, a decline of 123.26% compared to ¥34,172,029.27 in the same period last year[41]. - The company's cash and cash equivalents decreased significantly by 16,027.87% to -¥72,100,968.06 from ¥452,671.89, primarily due to the repayment of short-term loans[41]. - The cash outflow from financing activities is CNY 142,678,503.33, with a net cash flow from financing activities of CNY -56,048,493.97[141]. - The ending balance of cash and cash equivalents is ¥43,102,644.79, compared to ¥8,527,694.73 at the end of the previous period, representing a significant increase[144]. Dividends and Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[7]. - The company will not distribute cash dividends or issue bonus shares for the half-year period[76]. - The total number of shares outstanding is 502 million, with 99.99% being unrestricted shares[107][108]. - The largest shareholder, Zhucheng Tongluren Investment Co., Ltd., holds 51.68% of shares, totaling 259,440,000 shares[110]. Market and Product Development - The company launched new low-temperature meat products, including starch-free ham and crispy sausages, to meet evolving consumer demands[28]. - The company is actively expanding its overseas market presence, including a strategic acquisition intention with Bindaree in Australia to enter the beef market[32]. - The company is focusing on diversifying its product offerings and optimizing its product structure to adapt to changing consumer preferences[37]. - The company plans to enhance its e-commerce model and invest in high-end fermented food markets to adapt to changing consumer demands[72]. Risk Factors - The company faces various risks including economic downturn, increasing food safety requirements, and intensified industry competition[6]. - Rising raw material prices, particularly for live pigs and pork, are expected to significantly impact the company's profit margins[70]. - The company is facing risks related to the acquisition of Yolarno, a 45% stake in an Australian beef company, with uncertainties regarding the completion of the deal and management integration[70]. Compliance and Governance - The company has not encountered any issues with the use and disclosure of raised funds[61]. - There are no major litigation or arbitration matters during the reporting period, indicating a stable legal environment for the company[81]. - The company has not undergone any bankruptcy reorganization during the reporting period, reflecting its financial stability[80]. - The company has not identified any significant doubts regarding its ability to continue as a going concern for the next 12 months[164]. Related Party Transactions - The company engaged in related party transactions, with a procurement transaction involving edible oil priced at 7.74 yuan/kg, which is aligned with market pricing[84]. - The company’s related party transactions were primarily for daily operational needs, ensuring compliance with regulatory requirements[86]. Financial Reporting and Accounting - The financial report for the half-year period has not been audited[122]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the financial statements reflect the true financial condition and operating results[167]. - The company will consolidate all subsidiaries under its control in the consolidated financial statements, reflecting the overall financial position and performance of the group[176].