上海家化(600315) - 2022 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2022 was approximately CNY 3.71 billion, a decrease of 11.76% compared to CNY 4.21 billion in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2022 was approximately CNY 157.67 million, down 44.84% from CNY 285.85 million year-on-year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately CNY 200.71 million, a decrease of 39.58% compared to CNY 332.17 million in the previous year[20]. - The net cash flow from operating activities for the first half of 2022 was approximately CNY 435.04 million, down 34.46% from CNY 663.81 million in the same period last year[20]. - The gross profit margin decreased by 1.35 percentage points to 59.91% due to rising fixed costs and raw material prices[33]. - The company's total revenue for the first half of 2022 was approximately 3.71 billion RMB, a decrease of 11.76% compared to the same period last year[44]. - The total profit for the first half of 2022 was CNY 206,467,631.37, a decline of 40.5% compared to CNY 346,309,739.04 in the same period of 2021[130]. - The operating profit for the first half of 2022 was CNY 204,309,620.04, down 40.6% from CNY 343,401,350.46 in the same period of 2021[130]. Assets and Liabilities - The total assets of the company at the end of the reporting period were approximately CNY 12.38 billion, an increase of 1.95% compared to CNY 12.15 billion at the end of the previous year[20]. - The net assets attributable to shareholders at the end of the reporting period were approximately CNY 6.85 billion, a decrease of 1.56% from CNY 6.96 billion at the end of the previous year[20]. - The company's total assets increased to CNY 10,652,293,297.63 from CNY 10,331,623,974.75, representing a growth of 3.1%[126]. - Total liabilities rose to CNY 2,741,301,291.40, an increase from CNY 2,373,609,640.42, indicating a growth of 15.4%[126]. - The company's equity decreased slightly to CNY 7,910,992,006.23 from CNY 7,958,014,334.33, a decline of 0.6%[126]. Cash Flow - The cash inflow from operating activities decreased to ¥3,983,620,215.78 in the first half of 2022, down from ¥4,562,086,030.83 in the same period of 2021, representing a decline of approximately 12.7%[140]. - The net cash flow from operating activities was ¥435,040,852.66 for the first half of 2022, compared to ¥663,810,864.47 in the first half of 2021, indicating a decrease of about 34.4%[140]. - The cash inflow from investment activities totaled ¥1,634,509,298.36 in the first half of 2022, down from ¥2,298,736,266.81 in the same period of 2021, reflecting a decline of approximately 29%[143]. - The net cash flow from investment activities was -¥211,847,141.21 in the first half of 2022, contrasting with a positive cash flow of ¥129,288,396.92 in the first half of 2021[143]. - The ending balance of cash and cash equivalents was ¥1,643,520,087.10 at the end of the first half of 2022, down from ¥2,012,102,718.15 at the end of the first half of 2021[143]. Research and Development - The company reported a decrease in R&D expenses by 17.27% to 65 million yuan[33]. - Research and development expenses for the first half of 2022 were CNY 65,485,885.86, down from CNY 79,155,567.30, a decrease of 17.3%[126]. - The company's R&D expenses for the first half of 2022 were CNY 57,212,823.31, a decrease of 22.0% from CNY 73,378,557.00 in the previous year[132]. Market and Product Development - The skincare category saw a significant decline of 34.84% in sales due to logistics restrictions from the pandemic[36]. - The personal care category, particularly the Liushen brand, achieved a 23% year-on-year growth in e-commerce GMV during the 618 shopping festival[36]. - The company launched a new sunscreen product that ranked first in its category on Tmall on the day of its release[36]. - The company plans to launch several new products, including a high-moisture series and a joint development baby cream, aiming for double-digit revenue growth in the second half of 2022 compared to the same period in 2021[42]. Shareholder and Equity Information - The total number of ordinary shareholders as of the end of the reporting period is 28,251[96]. - The largest shareholder, Shanghai Jahwa (Group) Co., Ltd., holds 50.75% of the shares[97]. - The total equity attributable to the parent company's owners at the end of the reporting period is 6,963,277,401.62, unchanged from the previous year[152]. - The total owner's equity at the end of the current period is 6,854,805,498.87, showing growth from the previous year[163]. Corporate Governance and Compliance - The company has not disclosed any new product developments or market expansion strategies in this report[6]. - The company has not reported any changes in its controlling shareholders or actual controllers during the reporting period[106]. - The company has not provided any guarantees to shareholders, actual controllers, or their related parties[89]. - The company has no major litigation or arbitration matters during the reporting period[81]. Environmental and Social Responsibility - The company aims to peak carbon emissions by 2025, targeting a 30% reduction in carbon emissions from its own factories and a 50% overall environmental impact reduction[72]. - The company has implemented measures that resulted in a carbon reduction of approximately 56 tons through steam savings and 0.33 tons through electricity savings[72]. - The company donated over 2 million yuan worth of supplies to support COVID-19 relief efforts during the reporting period[75].