祖名股份(003030) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 617,554,762.21, representing an increase of 8.69% compared to CNY 568,190,758.99 in the same period last year[19]. - The net profit attributable to shareholders of the listed company decreased by 36.44% to CNY 31,523,382.65 from CNY 49,596,453.31 in the previous year[19]. - The net cash flow from operating activities dropped by 58.57% to CNY 36,338,730.43, down from CNY 87,715,390.95 in the same period last year[19]. - Basic earnings per share fell by 52.83% to CNY 0.25, compared to CNY 0.53 in the previous year[19]. - Total assets at the end of the reporting period were CNY 1,526,936,288.30, a decrease of 3.27% from CNY 1,578,533,115.30 at the end of the previous year[19]. - The weighted average return on net assets decreased to 3.15% from 9.54% in the previous year, a decline of 6.39%[19]. - The net profit after deducting non-recurring gains and losses was CNY 30,922,330.28, down 35.94% from CNY 48,270,076.75 in the same period last year[19]. - The company reported a total profit of ¥40,157,619.96 for the first half of 2021, down from ¥66,068,391.01 in the same period of 2020, a decline of 39.2%[181]. - The company’s other income decreased to ¥1,503,140.79 from ¥3,039,775.38, a decline of 50.5%[179]. Revenue Sources - Fresh soybean products generated sales revenue of 417.96 million yuan, with a year-on-year increase of 5.58%[34]. - Plant-based protein beverages saw a significant sales increase of 51.72%, reaching 98.25 million yuan, driven by the recovery of self-standing bag soy milk sales and the introduction of new bottled soy milk[34]. - Fresh soybean products generated ¥417,955,763.46, accounting for 67.68% of total revenue, with a year-on-year growth of 5.58%[70]. - Plant-based protein beverages saw a significant increase of 51.72%, reaching ¥98,248,828.01, up from ¥64,754,804.61 in the previous year[70]. Cost and Expenses - The gross profit margin decreased to 28.16% in the first half of 2021 from 39.28% in the first half of 2020, reflecting a significant decline in profitability[49]. - The cost of raw materials, particularly non-GMO soybeans, increased by 34.35% compared to the previous year, significantly impacting the overall cost structure[54]. - The company reported a total operating cost of 443,152.93 million in the first half of 2021, up 28.49% from 344,894.14 million in the same period of 2020[57]. - Sales expenses decreased to ¥90,633,149.78 from ¥109,866,182.65, a reduction of 17.5%[179]. Investments and R&D - Research and development expenses rose by 21.69% to ¥4,353,476.18, up from ¥3,577,642.24 in the previous year[68]. - The company has established a soybean product research and testing center to enhance product quality and safety, ensuring compliance with national standards and certifications[92]. - The company is actively researching and developing new products, including fermented plant protein drinks and coffee soy milk, to meet market demand for healthy options[45]. Market Strategy and Operations - The company has established a multi-department marketing network, including fresh, beverage, snack, catering, and e-commerce divisions, to enhance market penetration[34]. - The company maintains stable supplier relationships for raw materials, ensuring a consistent supply of soybeans and other essential ingredients[36]. - The company has a diverse sales model, including distribution, supermarket, and direct sales, with a focus on traditional markets and online sales as a supplementary channel[42]. - The company has developed a digital management platform that integrates finance, supply chain, and production, improving management efficiency and real-time data access[62]. Environmental and Social Responsibility - The company operates a wastewater treatment plant with a design capacity of 2,500 tons per day, achieving compliance with the third-level discharge standards[103]. - The company emphasizes environmental protection and has obtained necessary administrative permits for its operations, focusing on waste reduction and cost control[114]. - The company actively participates in social responsibility initiatives, including charitable activities and the establishment of a charity fund for elderly support[115]. - The company has set specific poverty alleviation targets in designated areas, focusing on enhancing the self-sufficiency of the beneficiaries[116]. Shareholder and Governance - The company plans to stabilize its stock price if the closing price falls below the audited net asset value per share for 20 consecutive trading days after the IPO[124]. - The company is currently fulfilling all commitments made prior to the IPO, with no overdue commitments reported[122]. - The company emphasizes the protection of shareholder rights and adheres to relevant laws and regulations to ensure corporate governance[110]. - The company has maintained a 100% employee contract signing rate and a 100% participation rate in social insurance[112]. Legal Matters - The company reported a lawsuit against MZ Technology (Hangzhou) Co., Ltd. for a software development contract dispute, with a claim amount of CNY 6.5 million, and the court ordered the return of CNY 3.25 million[133]. - The company is involved in another lawsuit against Zhejiang Blaimon Agricultural Technology Co., Ltd. for a sales contract dispute, with a claim amount of CNY 4.0446 million, currently in the second instance[133]. - The company has a claim of CNY 3.1044 million against Shanghai Shangshu Yonghui Fresh Food Co., Ltd. in a bankruptcy case, which is currently under trial[133].