永吉股份(603058) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥177,692,033.99, a decrease of 10.61% compared to ¥198,776,030.17 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2021 was ¥88,237,815.58, an increase of 12.10% from ¥78,716,249.84 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥18,743,237.38, down 57.58% from ¥44,186,955.90 in the same period last year[19]. - The net cash flow from operating activities was ¥90,804,213.85, an increase of 19.41% compared to ¥76,045,590.38 in the previous year[19]. - Basic earnings per share for the first half of 2021 were ¥0.21, an increase of 10.53% from ¥0.19 in the same period last year[20]. - The company's operating costs were approximately ¥124.10 million, a slight decrease of 0.28% from ¥124.45 million year-on-year[47]. - The company reported a net profit for the first half of 2021 of ¥86,419,483.24, representing a 9.19% increase from ¥78,968,142.94 in the first half of 2020[117]. - The total operating income for the first half of 2021 reached ¥99,320,344.49, up from ¥82,232,651.88 in the previous year, indicating a growth of 20.7%[124]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,550,404,223.41, an increase of 2.29% from ¥1,515,686,686.30 at the end of the previous year[19]. - The net assets attributable to shareholders at the end of the reporting period were ¥1,203,447,985.42, up 3.26% from ¥1,165,464,455.98 at the end of the previous year[19]. - Total liabilities were CNY 243,395,270.44, slightly down from CNY 244,794,515.06 at the end of 2020[109]. - The company's total assets reached CNY 1,307,870,570.26, an increase from CNY 1,271,149,074.86 at the end of the previous period[115]. - Current assets totaled CNY 810,825,999.64, down from CNY 878,540,446.48 at the end of 2020, reflecting a decrease of approximately 7.7%[107]. Investment and Cash Flow - The company reported investment income of CNY 27,780,590.33, up from CNY 18,400,322.96 in the previous year[116]. - The net cash flow from investment activities was -265,052,382.42 RMB, indicating a significant outflow compared to the previous period[129]. - The total cash inflow from financing activities was 69,355,387.53 RMB, while the cash outflow was 61,992,761.97 RMB, resulting in a net cash flow of -61,992,761.97 RMB[129]. - The company recorded interest income of CNY 3,434,421.17, a decrease from CNY 5,424,770.60 in the previous year, indicating a decline of 36.7%[121]. Market and Industry Trends - The packaging and printing industry is experiencing a shift towards high-quality development, with a focus on domestic market growth due to the stable performance of the tobacco industry[24]. - In the first half of 2021, the national cigarette production increased by 2.1 billion sticks, a year-on-year growth of 1.65%, which positively impacted the cigarette label market[25]. - The market for sauce-flavored liquor has seen a significant increase, with industry sales revenue reaching approximately ¥155 billion, a year-on-year growth of about 14%[28]. - The company is expanding its focus on liquor box packaging, which is highly correlated with the recovery of the liquor industry post-pandemic[27]. Research and Development - The company’s R&D expenses increased by 5.45% to approximately ¥10.02 million from ¥9.50 million year-on-year[47]. - The company designed and developed a total of 52 new products during the reporting period, including 8 design schemes for Guizhou Zhongyan[43]. - The company aims to optimize its industrial layout and cultivate new profit growth points through ongoing research and development in the cannabis application field[30]. Environmental Compliance - The company has implemented strict wastewater treatment measures, ensuring that all production wastewater is recycled and treated, with no external discharge[76]. - The company has received the "Pollutant Discharge Permit" issued by the Guizhou Provincial Environmental Protection Bureau, indicating compliance with environmental regulations[79]. - The company has established effective noise reduction measures in its production facilities, ensuring compliance with noise pollution standards[77]. - The company has successfully maintained the operation of its pollution control facilities, with monitoring results meeting national standards[78]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 17,025[97]. - The largest shareholder, Guizhou Yongji Real Estate Development Co., Ltd., holds 172,566,200 shares, accounting for 41.18% of the total shares[99]. - The company has not proposed any stock bonus or capital reserve increase in its profit distribution plan, focusing solely on cash dividends[71]. Risk Management - The report includes a risk statement indicating that future plans and strategies do not constitute a commitment to investors, highlighting the importance of investment risk awareness[5]. - The company is facing risks related to product pricing declines and the impact of the ongoing global pandemic on operations[60]. - The company has identified risks related to overseas investments, particularly in the medical cannabis sector, and is monitoring macroeconomic and policy changes that could impact operations[63]. Corporate Governance - The company has elected new independent directors, indicating a change in its board composition[70]. - The company has committed to a three-year shareholder return plan for 2020-2022, reflecting its focus on shareholder value[71].