罗牛山(000735) - 2024 Q2 - 季度财报(更正)

Financial Performance - The company's operating revenue for the reporting period was ¥1,897,536,945.68, a decrease of 8.35% compared to the same period last year[20]. - The net profit attributable to shareholders of the listed company was ¥274,506,367.37, representing a significant increase of 338.24% year-on-year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥282,445,268.48, up 319.48% from the previous year[20]. - Basic earnings per share were ¥0.2384, compared to -¥0.1000 in the same period last year, marking an increase of 338.16%[20]. - The company's revenue for the first half of 2024 was 1.898 billion yuan, a year-on-year decline of 8.35%[44]. - The net profit attributable to shareholders for the first half of 2024 was 274.51 million yuan, an increase of 338.24% year-on-year[44]. - The company achieved a slight increase in pig sales volume and average price in the first half of 2024 due to rising pig prices in Q2[44]. - The overall pig farming sector showed signs of recovery, with the company’s pig farming segment turning profitable in Q2 2024[44]. - The company reported a significant increase in investment income to approximately ¥19.66 million, up from ¥15.32 million in the previous year[163]. - The total comprehensive income for the first half of 2024 was approximately ¥280.85 million, a recovery from a loss of ¥115.99 million in the same period of 2023[164]. Cash Flow and Investments - The net cash flow from operating activities was -¥38,540,486.42, a decline of 128.35% compared to the same period last year[20]. - Investment activities generated a net cash flow of approximately ¥746.78 million, a significant increase of 457.05% from -¥209.15 million in the previous year[54]. - The net cash flow from investment activities was 769,090,104.12, compared to 9,956,596.84 in the first half of 2023, showing a strong improvement[170]. - Cash flow from financing activities resulted in a net outflow of -549,505,049.86, a decrease from a net inflow of 186,526,796.65 in the same period last year[170]. - The company received a total of 1.425 billion yuan from the disposal of equity in affiliated financial institutions, significantly enhancing its cash flow[46]. Assets and Liabilities - Total assets at the end of the reporting period were ¥10,174,132,258.07, down 16.97% from the end of the previous year[20]. - The net assets attributable to shareholders of the listed company increased by 5.22% to ¥4,247,106,163.56 compared to the end of the previous year[20]. - Total liabilities decreased from ¥7,792,962,805.88 to ¥5,495,934,846.32, a reduction of approximately 29.5%[156]. - Current assets decreased from ¥5,297,056,773.80 to ¥4,116,665,087.56, a decline of about 22.3%[158]. - The total guarantee amount at the end of the reporting period was RMB 272.75 million, which accounts for 64.22% of the company's net assets[130]. Operational Focus and Strategy - The company continues to focus on its core business of pig breeding and slaughter processing, maintaining its integrated industrial chain layout[27]. - The company has established a comprehensive pig industry chain including breeding, feed production, and cold chain logistics[27]. - The company is expanding its market presence by establishing regional slaughtering and processing facilities in Hainan, aligning with local consumption habits and policies[46]. - The company has established a comprehensive "full industry chain" operational model, enhancing its risk resistance and cost advantages[47]. - The company has implemented multiple measures to enhance management efficiency, resulting in a decrease in pig farming costs[44]. Environmental and Social Responsibility - The company has been recognized for its environmental protection efforts, achieving multiple certifications and implementing eco-friendly practices in its operations[51]. - The companies have actively engaged in social responsibility initiatives, including cash dividends of 23.0303 million yuan to shareholders despite previous losses[106]. - Hainan Luoniushan Meat Co., Ltd. discharged a total of 166,406 m³ of wastewater in the first half of 2024, with total pollutant emissions of COD: 4.738 tons, ammonia nitrogen: 1.009 tons, total nitrogen: 1.784 tons, and total phosphorus: 0.266 tons[99]. - The companies have installed automatic online monitoring systems at their wastewater discharge outlets to ensure compliance with environmental standards[99][100]. Risks and Challenges - The company faces significant risks including price volatility, major pig diseases, food safety issues, policy changes, and industry competition, which could adversely affect its profitability[86][87][88]. - The company plans to maintain strict control over its hedging activities to mitigate risks associated with price fluctuations in the pig market[87]. Corporate Governance and Compliance - The company did not engage in any major litigation or arbitration matters during the reporting period[116]. - There were no significant related party transactions during the reporting period[117]. - The company reported no violations regarding external guarantees during the reporting period[113]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[146]. Research and Development - The company has invested in technological innovation, collaborating with universities and research institutions to enhance its capabilities in breeding, disease prevention, and production management[50]. - The company’s R&D investment slightly decreased by 1.92% to approximately ¥2.21 million from ¥2.25 million in the previous year[54].