得利斯(002330) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,603,589,406.14, a decrease of 10.28% compared to CNY 1,787,397,814.00 in the same period last year[23]. - Net profit attributable to shareholders of the listed company reached CNY 21,935,728.10, representing a significant increase of 126.93% from CNY 9,666,299.85 year-on-year[23]. - The net profit after deducting non-recurring gains and losses was CNY 19,644,625.29, up 180.52% from CNY 7,003,042.17 in the previous year[23]. - The basic earnings per share increased to CNY 0.0435, a rise of 125.39% compared to CNY 0.0193 in the same period last year[23]. - The company reported a gross margin of 8.09% for the total operating revenue, with a year-on-year decrease of 10.28%[43]. - The company achieved operating revenue of CNY 1,603.59 million and a net profit of CNY 21.94 million in the reporting period, with earnings per share of CNY 0.0435[37]. - The company reported a total operating cash inflow of 1,584,324,268.40 yuan, compared to 2,001,939,614.89 yuan in the previous period, reflecting a decrease in operational cash generation[173]. - The total profit for the first half of 2021 was ¥25,747,570.74, an increase of 78.6% from ¥14,439,028.98 in the same period of 2020[166]. Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 2,142,885,793.10, reflecting a growth of 6.45% from CNY 2,013,138,358.26 at the end of the previous year[23]. - The total liabilities rose to CNY 754,464,056.85, compared to CNY 653,101,689.23, indicating an increase of approximately 15.5%[158]. - Owner's equity reached CNY 1,388,421,736.25, a rise from CNY 1,360,036,669.03, showing an increase of about 2.1%[159]. - The company's cash and cash equivalents as of June 30, 2021, amount to ¥282,634,579.10, an increase from ¥198,759,815.97 at the end of 2020[156]. - The total liabilities at the end of the reporting period were reported at 1,340 million, reflecting a stable leverage ratio[185]. Cash Flow - The net cash flow from operating activities was negative at CNY -64,134,934.97, a decline of 271.55% compared to CNY 37,385,655.17 in the same period last year[23]. - The company’s cash and cash equivalents decreased by 354.84% to -¥46,125,236.87 from -¥10,031,144.80 year-on-year[62]. - The total cash inflow from investment activities was 167,188,635.60 yuan, compared to 76,135,400.56 yuan in the same period last year, showing a substantial increase[174]. - The net cash flow from investment activities was 38,986,035.84 yuan, recovering from a negative cash flow of -42,527,743.68 yuan in the previous period[174]. - The net cash flow from financing activities was -20,976,337.74 yuan, worsening from -4,889,056.29 yuan in the previous period[174]. Market and Product Development - The company plans to launch a high-end frozen rice and noodle product line in the second half of 2021, including wontons, dumplings, and various flavored dishes, leveraging its R&D and logistics capabilities[31]. - The company has introduced new products in response to consumer demand, including various flavors of sausages and barbecue ingredients, enhancing its product portfolio[31]. - The company is expanding its meat processing capacity, with a 100,000 tons/year project in Shandong expected to be operational by the end of this year and a 2 million heads/year pig slaughtering project in Shaanxi projected to be completed by mid-2022[37]. - The market for low-temperature meat products and frozen prepared foods is expected to dominate as consumer preferences shift towards safety and convenience[36]. - The company plans to expand its market presence and invest in new product development to drive future growth[182]. Risk Management and Compliance - The management has disclosed significant risks that may adversely affect the company's future development strategy and operational goals[6]. - The company emphasizes the importance of raw material price fluctuations, particularly for pork, beef, and chicken, and has implemented strategies to manage procurement and inventory effectively[85]. - The company has established a quality assurance system that meets international standards to ensure food safety and product quality throughout the supply chain[85]. - The company actively responds to national environmental policies and conducts self-inspections to comply with regulations, enhancing its corporate image and reputation[100]. - There were no administrative penalties received during the reporting period due to environmental issues[99]. Shareholder and Employee Relations - The company emphasizes the protection of shareholder rights, ensuring timely and accurate information disclosure to all shareholders[102]. - Employee rights are protected through compliance with labor laws, and the company provides various benefits and support to enhance employee welfare[102]. - The company has fulfilled commitments made by major shareholders and related parties during the reporting period, including a commitment from the largest shareholder not to transfer or entrust the management of shares for 36 months from the date of listing[106]. - The company implemented a restricted stock incentive plan in 2021 to enhance the management team's sense of responsibility and mission for sustainable development[39]. - The total number of common shareholders at the end of the reporting period is 29,403[142]. Strategic Initiatives - The company is enhancing its multi-channel marketing network, aiming for a "hundred cities, ten thousand stores" strategy to achieve breakthroughs in the C-end market[38]. - The company is actively exploring new retail strategies and enhancing online and offline integration to boost sales and market presence[37]. - The company has a strong brand presence, recognized as one of the most competitive brands in China, with long-term partnerships with major clients like Haidilao and Jianong[56]. - The company is focusing on R&D, having established a national-level technology center and participating in various national projects to enhance product quality and innovation[60]. - The company aims to enhance its operational efficiency through technological advancements and strategic partnerships[182].