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播恩集团(001366) - 2023 Q2 - 季度财报
Boen Boen (SZ:001366)2023-08-24 16:00

Financial Performance - The company's operating revenue for the first half of 2023 was ¥753,944,242.55, representing an increase of 8.17% compared to ¥696,995,573.83 in the same period last year[22]. - The net profit attributable to shareholders of the listed company reached ¥24,928,395.89, a significant increase of 42.89% from ¥17,445,635.29 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥19,784,913.17, up 27.59% from ¥15,507,092.29 in the same period last year[22]. - The basic earnings per share increased by 21.43% to ¥0.17 from ¥0.14 in the previous year[22]. - The total operating revenue for the first half of 2023 reached CNY 753,944,242.55, an increase from CNY 696,995,573.83 in the same period of 2022, reflecting a growth of approximately 8.2%[147]. - The total profit for the first half of 2023 was CNY 28,009,626.80, compared to CNY 18,782,568.07 in the same period of 2022, marking a growth of 49.0%[149]. - The company reported a financial expense of CNY -2,622,632.84, which is an increase in income compared to CNY -686,226.82 in the previous year[151]. - The tax expense for the first half of 2023 was CNY 3,081,230.91, significantly higher than CNY 1,336,932.78 in the same period of 2022, indicating a rise of 130.2%[149]. Assets and Liabilities - The total assets at the end of the reporting period were ¥997,514,048.76, reflecting a growth of 35.06% compared to ¥738,593,191.57 at the end of the previous year[22]. - The total liabilities decreased to CNY 161,001,274.69 from CNY 217,169,422.58, showing a reduction of about 26%[141]. - The equity attributable to shareholders increased significantly to CNY 836,512,774.07 from CNY 521,423,768.99, marking an increase of approximately 60.4%[141]. - The company’s total assets included cash and cash equivalents accounting for 37.96% of total assets, up from 20.41% at the end of the previous year[49]. - The total cash and cash equivalents at the end of the period amounted to CNY 375,493,045.34, up from CNY 112,679,806.38 at the end of the first half of 2022[155]. - The total liabilities at the end of the current period are 216,461 million, which represents a slight increase compared to the previous period[165]. Cash Flow - The net cash flow from operating activities improved to -¥15,870,688.81, a 24.43% improvement from -¥21,000,773.51 in the same period last year[22]. - The total cash inflow from operating activities for the first half of 2023 was CNY 738,605,042.23, an increase of 13.6% compared to CNY 649,913,258.13 in the same period of 2022[154]. - The cash inflow from financing activities reached CNY 344,262,000.00, significantly higher than CNY 71,529,080.40 in the previous year, marking a 382.5% increase[155]. - The cash outflow from investment activities was CNY 42,599,166.66, a decrease of 33.9% from CNY 64,477,917.73 in the same period last year[155]. Research and Development - The company has established a strong technical service platform, developing unique technologies such as OEN efficient nutrition and dual-acid clean breeding model[31]. - The company holds 72 invention patents and 27 utility model patents, showcasing its technological advantages in feed formulation and processing[36]. - Research and development expenses rose by 39.96% to CNY 15.15 million, reflecting the company's commitment to enhancing product innovation and technology[44]. - The company has established multiple research and development platforms, enhancing its technological capabilities and innovation in the feed industry[39]. Market and Sales - The company achieved feed sales of 160,240 tons, a year-on-year increase of 10.04%, with operating revenue of CNY 753.94 million, up 8.17% year-on-year, and a net profit attributable to shareholders of CNY 24.93 million, reflecting a growth of 42.89%[42]. - The sales revenue from pig feed reached CNY 728.32 million, an increase of 5.30% year-on-year, while poultry feed sales surged to 3,613.75 tons, up 1,116.96%, generating revenue of CNY 15.14 million, a growth of 838.53%[42]. - The company has expanded its market presence across multiple provinces and cities in China, becoming a national feed supplier[31]. - The company is focusing on enhancing its technological capabilities to improve operational efficiency and customer satisfaction[164]. Risks and Challenges - The company faced risks related to the cyclical fluctuations in the pig farming industry, which could impact overall performance if pig prices remain low[66]. - The company is exposed to risks from price fluctuations of key raw materials, which could adversely affect procurement costs and profitability[67]. - The company is vulnerable to risks from diseases in the pig farming industry, which could reduce feed demand and negatively impact performance[70]. - The company faces risks from potential adjustments to prohibited farming areas, which could impact short-term operations if new customers are not acquired[71]. Corporate Governance and Compliance - The company emphasizes the protection of shareholder rights, particularly for minority shareholders, ensuring their decision-making, information, and profit rights are safeguarded[87]. - The company adheres to labor laws and regulations, ensuring employee rights and providing training programs for staff development[88]. - The company has established a safety production management system to enhance employee safety awareness and risk control[89]. - The company did not engage in any major related party transactions during the reporting period[102]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[149]. - Future guidance indicates a projected revenue growth of approximately 10% for the next fiscal year, driven by new market strategies and product launches[164]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its product offerings[161].