丽人丽妆(605136) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,855,649,885.10, representing a 2.83% increase compared to CNY 1,804,629,691.99 in the same period last year[19]. - The net profit attributable to shareholders of the listed company reached CNY 205,326,545.20, a significant increase of 36.64% from CNY 150,271,850.57 in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 161,187,166.73, up 30.31% from CNY 123,691,223.96 year-on-year[19]. - Basic earnings per share increased by 21.43% to CNY 0.51 compared to the same period last year[20]. - Net profit attributable to shareholders rose by 36.64% and net profit after deducting non-recurring gains and losses increased by 30.31% due to lower operating costs and effective expense control[21]. - The company reported a total profit of CNY 268,814,300.62, compared to CNY 192,346,044.73 in the first half of 2020, representing an increase of approximately 39.7%[129]. - The total profit for the first half of 2021 was CNY 125,207,355.85, which is an increase of 6.0% from CNY 117,903,603.11 in the previous year[133]. Cash Flow and Assets - The net cash flow generated from operating activities was CNY 132,368,302.25, a decrease of 39.35% compared to CNY 218,233,432.60 in the same period last year[19]. - Cash flow from operating activities decreased by 39.35% compared to the same period last year, primarily due to higher payments for goods and taxes[21]. - The total cash inflow from operating activities was CNY 1,707,566,086.91, an increase of 8.4% compared to CNY 1,575,560,030.58 in the previous period[138]. - The total assets rose to CNY 3,363,402,253.41, marking a 7.97% increase from CNY 3,115,114,216.34 at the end of the last fiscal year[19]. - The company's total current assets amounted to RMB 3,087,084,570.80, an increase from RMB 3,011,604,555.26 at the end of 2020, reflecting a growth of approximately 2.5%[120]. - The total liabilities rose to ¥886,390,758.22, compared to ¥780,660,158.01, indicating an increase of about 13.5%[122]. Revenue Sources - E-commerce retail business revenue reached CNY 1,713.997 million, accounting for 92.37% of total revenue[27]. - Brand marketing operation service revenue was CNY 102.4676 million, representing 5.52% of total revenue[27]. - The company achieved a revenue of 296.41 million RMB, with a net loss of 112.03 million RMB in the same period[52]. - The cosmetics segment generated a revenue of 598.72 million RMB, with a net profit of 597.86 million RMB[52]. Investments and Partnerships - The company has established partnerships with over 60 brands, including international beauty brands such as Amorepacific and LG Group[28]. - The company made significant equity investments, totaling RMB 165,812,220.34, a 367.74% increase from RMB 35,449,499.46, including investments in Shanghai Cansha Brand Management Co., Ltd.[46]. - The company is considering strategic acquisitions to bolster its market position, with a target of acquiring at least two companies by the end of the fiscal year[80]. Risks and Challenges - The company faces risks related to market demand fluctuations, which could impact financial performance due to economic slowdowns or changes in consumer behavior[54]. - The company is exposed to intensified competition in the cosmetics e-commerce sector, which may affect its market position if it fails to innovate[54]. - The ongoing COVID-19 pandemic poses risks to the company's sales volume, particularly due to potential disruptions in production and logistics from overseas brand partners[59]. Governance and Compliance - The report has not been audited, but the management team has confirmed the accuracy and completeness of the financial statements[6]. - The company emphasizes compliance with relevant securities regulations and disclosure obligations during any share reduction process[79]. - The company has committed to social responsibility by providing employment for 15 disabled individuals, with total expenditures of 402,300 RMB in the first half of 2021[71]. Future Outlook - The company provided a positive outlook for the second half of 2021, projecting a revenue growth of 20%[82]. - New product launches are expected to contribute an additional 300 million in revenue by the end of the year[80]. - Market expansion plans include entering three new international markets by Q4 2021, aiming for a 10% market share in each[82]. Shareholder Information - The company has committed to not transferring or entrusting the management of shares held prior to the IPO for 36 months from the date of listing, with a lock-up extension of 6 months if the stock price falls below the issue price for 20 consecutive trading days[74]. - The company’s major shareholders are restricted from selling more than 25% of their shares within 2 years after the lock-up period ends, ensuring price stability[75]. - The total number of shares increased from 40,001.00 million to 40,163.00 million due to the issuance of new shares[99].