SBSY(SZ:200019)2021-08-25 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥5,262,189,180.53, representing an increase of 11.01% compared to ¥4,740,428,222.10 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was ¥243,846,874.76, up 15.71% from ¥210,738,686.12 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥237,039,666.31, reflecting a growth of 20.47% compared to ¥196,760,081.80 in the same period last year[22]. - The basic earnings per share increased to ¥0.2116, a rise of 15.75% from ¥0.1828 in the previous year[22]. - The total operating revenue for the first half of 2021 reached ¥5,262,189,180.53, an increase of 11% compared to ¥4,740,428,222.10 in the same period of 2020[141]. - Net profit for the first half of 2021 was ¥245,757,926.43, representing a 16% increase from ¥212,229,860.46 in the first half of 2020[142]. - The total profit for the first half of 2021 was ¥259,165,280.99, compared to ¥214,695,129.09 in the first half of 2020, marking a 21% increase[142]. Assets and Liabilities - The total assets at the end of the reporting period were ¥8,429,737,224.82, marking a 15.33% increase from ¥7,309,384,147.93 at the end of the previous year[22]. - The net assets attributable to shareholders decreased by 3.20% to ¥4,448,099,108.10 from ¥4,595,331,999.76 at the end of the previous year[22]. - Total liabilities increased to CNY 3,941,562,145.10 from CNY 2,514,138,743.84, reflecting a growth of approximately 56.5%[134]. - The company's equity attributable to shareholders decreased to CNY 4,448,099,108.10 from CNY 4,595,331,999.76, a decline of about 3.2%[135]. - The total owner's equity decreased to CNY 4,488,175,079.72 from CNY 4,795,245,404.09, a decline of about 6.4%[135]. Cash Flow - The net cash flow from operating activities was negative at -¥691,272,151.33, a significant decline compared to ¥9,610,361.15 in the same period last year, representing a decrease of 7,292.99%[22]. - The company's cash flow from operating activities was ¥4,872,625,307.71, slightly up from ¥4,851,380,535.76 in the first half of 2020[149]. - Total cash inflow from operating activities amounted to 5,396,983,072.50 CNY, while cash outflow was 6,088,255,223.83 CNY, resulting in a net cash outflow[150]. - The total cash and cash equivalents at the end of the period were 68,774,083.11 CNY, down from 113,636,986.38 CNY in the previous period[152]. Investments and Acquisitions - The company has ongoing significant non-equity investments, with a focus on self-built storage projects amounting to ¥13,582,419.51[57]. - The company has made significant equity investments, including a 100% acquisition of Dongguan Grain Storage Co., with an investment amount of ¥321,600,000[55]. - The company is actively pursuing mergers and acquisitions, ensuring alignment with its strategic goals and fostering integration of corporate culture[72]. - The company reported a significant increase in its logistics and warehousing projects, with a total investment of CNY 9,890,000,000 planned for new construction[60]. Research and Development - Research and development expenses rose by 48.27% to ¥10,926,018.15, compared to ¥7,368,772.68 in the previous year, indicating a significant increase in R&D investment[41]. - The research and development expenses for the period were approximately 40 million yuan, reflecting an increase of 10% year-over-year[160]. Market and Business Strategy - The company is transitioning from a trade-oriented model to a service-oriented model, enhancing operational efficiency through a new management system[34]. - The company is focusing on expanding its brand and marketing channels to address intensified market competition[71]. - The company plans to strengthen market forecasting and optimize supply management to mitigate risks from raw material price fluctuations[71]. - The company plans to focus on expanding its market presence and developing new products in the upcoming quarters[160]. Social Responsibility and Compliance - The company is committed to social responsibility, contributing to poverty alleviation and rural revitalization efforts in collaboration with local authorities[82]. - The company emphasizes food safety as a core responsibility, implementing strict quality control measures and enhancing employee training[70]. - The financial statements were prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring compliance and accuracy[178]. Corporate Governance - The company appointed a new financial director, Lu Yuhe, following the resignation of Jin Zhenyuan on July 16, 2021[109]. - The company reported no significant litigation or arbitration matters during the reporting period[92]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[87]. - The company had no violations regarding external guarantees during the reporting period[88].