茶花股份(603615) - 2025 Q2 - 季度财报

Section 1 Definitions This section defines key terms used throughout the report, ensuring clarity and consistent understanding of company-specific entities, regulatory bodies, and the reporting period Definitions of Common Terms This section defines key terms used in the report, including the names of the company and its main subsidiaries, regulatory bodies, and the reporting period, ensuring a clear understanding of the report's content Definitions of Common Terms | Term | Definition | | :--- | :--- | | Company, the Company, Listed Company, Chahua Co., Ltd. | Chahua Modern Household Products Co., Ltd. | | Lianjiang Chahua | Chahua Household Plastic Products (Lianjiang) Co., Ltd. | | Chuzhou Chahua | Chahua Modern Household Products (Chuzhou) Co., Ltd. | | Chengdu Chahua | Chengdu Chahua Household Products Co., Ltd. | | Wuhan Chahua | Chahua Wuhan Household Products Sales Co., Ltd. | | Damai Smart | Shenzhen Damai Smart Technology Co., Ltd. | | Damai International (Hong Kong) | Damai International (Hong Kong) Co., Ltd. | | Damai Technology | Shenzhen Damai Technology Information Co., Ltd. | | China Securities Regulatory Commission (CSRC) | China Securities Regulatory Commission | | Shanghai Stock Exchange | Shanghai Stock Exchange | | Reporting Period | January 1, 2025 to June 30, 2025 | Section 2 Company Profile and Key Financial Indicators This section provides an overview of the company's fundamental information, contact details, and a summary of key accounting data and financial indicators for the reporting period I. Company Information This section outlines the company's basic registration information, including its Chinese name, abbreviation, English name and its abbreviation, and the name of its legal representative Company Basic Information | Indicator | Content | | :--- | :--- | | Company's Chinese Name | 茶花现代家居用品股份有限公司 | | Company's Chinese Abbreviation | 茶花股份 | | Company's English Name | Chahua Modern Housewares Co.,Ltd. | | Company's English Abbreviation | Chahua | | Company's Legal Representative | Chen Kuisheng | II. Contact Person and Information This section provides detailed contact information for the company's Board Secretary and Securities Affairs Representative, including names, addresses, phone numbers, faxes, and email addresses, to facilitate communication with investors and the public - The company's Board Secretary is Weng Linyan, and the Securities Affairs Representative is Lin Peng, both with contact address at No. 168 Jiaokeng Road, Gushan Town, Jin'an District, Fuzhou City, Fujian Province, telephone 0591-83961565, fax 0591-83995659, and email 603615@chahuajj.com[16] III. Brief Introduction to Changes in Basic Information This section introduces the company's registered address, office address, and postal code, noting no historical changes to the registered address during the reporting period, and provides the company's website and email address - The company's registered and office address is No. 168 Jiaokeng Road, Gushan Town, Jin'an District, Fuzhou City, Fujian Province, postal code 350014, company website http://www.chahuajj.com, and email 603615@chahuajj.com[17] - There have been no historical changes to the company's registered address[17] IV. Brief Introduction to Changes in Information Disclosure and Document Storage Locations This section lists the names of the newspapers selected by the company for information disclosure and the website address where the semi-annual report is published, ensuring investors can timely access publicly disclosed company information - The newspapers selected by the company for information disclosure include China Securities Journal, Shanghai Securities News, Securities Times, and Securities Daily[18] - The website address for publishing the semi-annual report is www.sse.com.cn[18](index=18&type=chunk) V. Company Stock Profile This section provides basic information about the company's stock, including stock type, listing exchange, stock abbreviation, and stock code, noting that the previous stock abbreviation is not applicable Company Stock Profile | Stock Type | Listing Exchange | Stock Abbreviation | Stock Code | Previous Stock Abbreviation | | :--- | :--- | :--- | :--- | :--- | | A-share | Shanghai Stock Exchange | Chahua Co., Ltd. | 603615 | Not Applicable | VII. Company's Key Accounting Data and Financial Indicators Chahua Co., Ltd.'s operating revenue for the first half of 2025 increased by 41.55% to 374.09 million Yuan, primarily due to the newly added electronic components distribution business. However, affected by the decline in traditional supermarket channels for its original main business, net profit attributable to shareholders was -3.67 million Yuan, total assets grew by 6.34%, and net assets slightly decreased by 0.32% Key Accounting Data (January-June 2025) | Indicator | Current Period (Jan-Jun) | Prior Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 374.09 million Yuan | 264.28 million Yuan | 41.55 | | Total Profit | -2.20 million Yuan | -15.41 million Yuan | Not Applicable | | Net Profit Attributable to Shareholders | -3.67 million Yuan | -12.68 million Yuan | Not Applicable | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items) | -3.82 million Yuan | -14.34 million Yuan | Not Applicable | | Net Cash Flow from Operating Activities | -126.25 million Yuan | 39.59 million Yuan | Not Applicable | | End of Current Period | End of Prior Year | Change from Prior Year-End (%) | | | Net Assets Attributable to Shareholders | 1.13 billion Yuan | 1.14 billion Yuan | -0.32 | | Total Assets | 1.62 billion Yuan | 1.52 billion Yuan | 6.34 | Key Financial Indicators (January-June 2025) | Key Financial Indicator | Current Period (Jan-Jun) | Prior Period | YoY Change | | :--- | :--- | :--- | :--- | | Basic Earnings Per Share (Yuan/share) | -0.02 | -0.05 | Not Applicable | | Diluted Earnings Per Share (Yuan/share) | -0.02 | -0.05 | Not Applicable | | Basic EPS (Excluding Non-Recurring Items) (Yuan/share) | -0.02 | -0.06 | Not Applicable | | Weighted Average Return on Net Assets (%) | -0.32 | -1.08 | Increased by 0.76 percentage points | | Weighted Average Return on Net Assets (Excluding Non-Recurring Items) (%) | -0.34 | -1.22 | Increased by 0.88 percentage points | - The company's operating revenue increased by 41.55% in the current period, primarily due to the addition of 136.45 million Yuan in electronic components distribution business revenue from its wholly-owned subsidiary Damai Smart[21] - Basic earnings per share was -0.02 Yuan, mainly because the company's original main business continued to be impacted by declining consumption in traditional supermarket channels, leading to a certain degree of decrease in sales volume and operating revenue, resulting in a negative net profit for the current period[21] IX. Non-Recurring Gains and Losses Items and Amounts This section details the non-recurring gains and losses items and their amounts for the reporting period, totaling 155,676.97 Yuan, primarily including gains and losses from disposal of non-current assets, government subsidies, and other non-operating income and expenses Non-Recurring Gains and Losses Items and Amounts (Unit: Yuan) | Non-Recurring Item | Amount | | :--- | :--- | | Gains and losses from disposal of non-current assets, including reversal of impairment provisions | -20,646.28 | | Government subsidies recognized in current profit or loss, excluding those closely related to the company's normal operations, compliant with national policies, enjoyed according to fixed standards, and having a continuous impact on the company's profit or loss | 218,272.55 | | Other non-operating income and expenses apart from the above | 8,242.92 | | Less: Income tax impact | 50,192.22 | | Total | 155,676.97 | Section 3 Management Discussion and Analysis This section provides a comprehensive review of the company's operating performance, core competencies, and financial position, highlighting strategic initiatives and risk factors during the reporting period I. Description of the Company's Industry and Main Business During the Reporting Period During the reporting period, the company adopted a dual-main business model of 'daily plastic products + electronic components distribution'. The daily plastic products business focuses on the R