承德露露(000848) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥1,360,179,159.76, representing a 36.44% increase compared to ¥996,881,960.58 in the same period last year[26]. - The net profit attributable to shareholders of the listed company reached ¥283,570,317.20, a 39.52% increase from ¥203,239,878.30 in the previous year[26]. - Basic earnings per share rose to ¥0.27, up 42.11% from ¥0.19 in the previous year[26]. - The company achieved operating revenue of 1,360.18 million yuan, a year-on-year increase of 36.44%[35]. - Net profit reached 283.30 million yuan, up 38.14% compared to the previous year[35]. - Operating profit for the first half of 2021 was ¥380,657,931.34, up 35% from ¥281,977,271.79 in the same period last year[182]. - Net profit for the first half of 2021 was ¥283,301,315.63, representing a 38% increase compared to ¥205,081,460.65 in the first half of 2020[182]. - The company reported a total profit of ¥380,416,564.33 for the first half of 2021, compared to ¥282,070,000.20 in the same period last year, marking a 34.9% increase[182]. Cash Flow - The net cash flow from operating activities improved significantly to ¥104,624,448.97, compared to a negative cash flow of -¥211,161,433.66 in the same period last year, marking a 149.55% increase[26]. - Total cash inflow from operating activities reached ¥1,184,205,564.86, up from ¥544,688,285.64 in the first half of 2020, indicating a growth of approximately 117.5%[192]. - The cash flow from investing activities showed a net outflow of ¥1,833,309.20, worsening from a net outflow of ¥615,130.20 in the first half of 2020[197]. - Cash flow from financing activities resulted in a net outflow of ¥414,250,297.59, compared to a net outflow of ¥210,979,124.61 in the same period last year, indicating an increase in cash outflow of approximately 96.5%[194]. - The ending balance of cash and cash equivalents was ¥2,030,420,466.01, an increase from ¥1,780,866,590.14 at the end of the first half of 2020[194]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,627,896,879.08, a decrease of 15.04% from ¥3,092,933,440.81 at the end of the previous year[26]. - Total current assets decreased to approximately ¥2.10 billion, down 17.7% from ¥2.55 billion at the end of 2020[166]. - Total liabilities decreased from 854,837,400.85 to 520,519,721.50, a reduction of approximately 39.0%[169]. - Current liabilities decreased from 802,376,902.19 to 468,059,222.84, a decrease of about 41.7%[169]. - The company's cash and cash equivalents at the end of the reporting period amounted to CNY 2,030,420,466.01, accounting for 77.26% of total assets[56]. Market and Sales - The sales volume of the almond milk series increased by 610.32% year-on-year, with a production volume of 103,835.64 tons[44]. - The company expanded its market presence by developing 92,300 new restaurant points and 888 high-speed rail terminals[37]. - The almond drink series accounted for 98.46% of total revenue, with a 35.55% year-on-year increase[50]. - The company holds over 90% market share in the domestic almond drink market, particularly strong in northern regions[48]. - The company's online sales channels include major platforms such as Tmall, JD.com, and Pinduoduo, enhancing brand visibility[41]. Research and Development - Research and development investment surged by 97.94% to ¥10,077,960.43, aimed at product improvement and new product trials[50]. - Research and development expenses increased to ¥10,077,960.43 in the first half of 2021, up from ¥5,091,393.86 in the first half of 2020, reflecting a 97.8% increase[180]. Risk Management - The company has identified potential risks in future operations and outlined corresponding countermeasures in the report[6]. - The company maintains a risk-averse approach with a prepayment system for distributors to mitigate bad debt risks[40]. - The company is facing intense competition in the plant protein beverage industry, prompting it to strengthen its core competitive advantages[65]. Corporate Governance - The company plans not to distribute cash dividends or issue bonus shares[7]. - The company did not distribute cash dividends or issue bonus shares for the reporting period[73]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[93]. - There were no violations regarding external guarantees during the reporting period[95]. Social Responsibility - The company has provided over 4.5 million RMB in cumulative donations through its annual charity initiatives since 2009[90]. - Approximately 300,000 local farmers are involved in the almond industry chain, accounting for 30% of the remaining labor force in the region[90]. - The company aims to align its development strategy with social responsibility, advocating for "environmental protection, health, and green" initiatives[90]. Legal Matters - The company is currently involved in a trademark licensing contract dispute, which is pending trial[103]. - The company faced a significant lawsuit involving 138.66 million RMB, but the court ruled in favor of the company, dismissing the plaintiff's claims[101]. - The company is currently involved in multiple ongoing litigation cases, with some cases being suspended[103][105].