贝因美(002570) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was ¥1,121,481,666.83, a decrease of 24.59% compared to ¥1,487,119,634.38 in the same period last year[21]. - The net profit attributable to shareholders of the listed company was ¥33,524,658.31, down 21.85% from ¥42,896,171.34 in the previous year[21]. - The net profit after deducting non-recurring gains and losses increased by 430.32% to ¥17,088,924.55 from ¥3,222,399.77 in the same period last year[21]. - The net cash flow from operating activities was ¥36,335,620.30, representing an increase of 108.67% compared to ¥17,413,342.10 in the previous year[21]. - Total revenue for the reporting period was approximately CNY 1,043,376,415.49, representing a year-on-year decrease of 26.47%[33]. - The company reported a total revenue of approximately 1.48 billion yuan for the first half of 2021, reflecting a year-on-year increase of 8%[69]. - The net profit attributable to shareholders for the same period was approximately 249 million yuan, a decrease of 10% compared to the previous year[69]. - The company reported a net loss of CNY 980,002,691.94 as of June 30, 2021, compared to a net loss of CNY 1,013,527,350.25 at the end of 2020, showing an improvement of approximately 3.29%[140]. - The total comprehensive income for the first half of 2021 was CNY 40,962,410.80, down from CNY 50,001,194.71 in the same period last year[148]. - The company reported a significant increase in cash inflow from financing activities, totaling CNY 508,614,625.24, compared to CNY 1,106,612,983.80 in the previous year[159]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,145,393,402.28, an increase of 2.75% from ¥4,034,293,142.99 at the end of the previous year[21]. - The company's total liabilities increased, with short-term loans rising to ¥1,327,392,141.68, accounting for 32.02% of total assets[59]. - The total liabilities as of June 30, 2021, were CNY 2,608,683,883.13, up from CNY 2,528,466,034.64, indicating an increase of approximately 3.17%[140]. - The total equity attributable to shareholders increased to CNY 1,489,566,161.07 from CNY 1,453,144,556.61, a rise of about 2.50%[140]. - The total current assets as of June 30, 2021, amounted to CNY 2,217,163,337.95, an increase from CNY 2,079,528,524.85 as of December 31, 2020, representing a growth of approximately 6.65%[137]. Earnings and Shareholder Information - The basic earnings per share decreased by 25.00% to ¥0.03 from ¥0.04 in the same period last year[21]. - The diluted earnings per share also decreased by 25.00% to ¥0.03 from ¥0.04 in the previous year[21]. - The total number of shares after the recent changes is 1,022,520,000[116]. - The company repurchased 10,766,307 shares, representing 1.05% of the total share capital[124]. - The total number of ordinary shareholders at the end of the reporting period was 108,503[122]. Research and Development - Research and development expenses increased by 124.44% to ¥15,058,142.75, indicating a significant investment in new projects[51]. - The company holds 24 invention patents and has registered 60 infant formula products, showcasing its strong R&D capabilities[44]. - The company has focused on developing precision nutrition formula products and other related services to address the declining birth rate risk[71]. - The company has invested in research and development to enhance its product capabilities and support pandemic prevention efforts[71]. Market and Product Development - The company's main business involves the research, production, and sales of infant food, with key products including infant formula, nutritional rice flour, and other complementary foods[29]. - The company launched new products such as "可睿欣" infant formula and "冠军宝贝" rice flour, focusing on precise nutrition and digestive health[31]. - The company aims to enhance its brand recognition through programs like "妈妈英雄汇" and continues to innovate in product offerings[31]. - The company is focused on expanding its market presence through new retail models and partnerships, aiming to drive business growth[49]. Cash Flow and Financial Management - The net cash flow from investing activities decreased by 186.73% to -¥32,528,885.36, mainly due to a reduction in the net amount recovered from financial products[51]. - The net cash flow from financing activities also decreased by 186.60% to -¥35,746,629.69, attributed to a decline in cash received from bill discounts compared to the previous year[51]. - The cash inflow from operating activities indicates improved operational efficiency and profitability compared to the previous year[159]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its product offerings[161]. Corporate Governance and Compliance - The company has no significant equity or non-equity investments during the reporting period[64][65]. - The company has no major litigation or arbitration matters during the reporting period[91]. - The half-year financial report has not been audited[88]. - The company has established a comprehensive environmental management system, with pollutant emissions within the prescribed limits, and has not experienced any environmental accidents[81]. Social Responsibility - The company donated 2,000 boxes of formula milk (valued at over 1.87 million yuan) to help improve the nutritional health of children in Danjiang County, Guizhou Province[82].