Hiroad(SZ:300915)2021-08-25 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥349,912,808.62, representing a 53.52% increase compared to ¥227,927,590.52 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2021 was ¥51,737,803.85, an increase of 86.51% from ¥27,740,174.54 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥50,821,124.67, which is a 97.04% increase compared to ¥25,792,792.59 in the same period last year[20]. - The basic earnings per share for the first half of 2021 was ¥0.57, up 83.87% from ¥0.31 in the previous year[20]. - The company's total revenue for the first half of 2021 reached 346.84 million yuan, a year-on-year increase of 52.31% compared to 227.72 million yuan in the same period of 2020[51]. - The gross profit margin for the overall business decreased to 52.31% from 70.00% in the previous year, primarily due to increased marketing and sales efforts, as well as adjustments in transportation costs[51]. - The total comprehensive income for the first half of 2021 was CNY 47,711,009.96, compared to CNY 28,666,709.36 in the same period of 2020, representing a significant increase[180]. - The company's net profit for the current period is reported at 47,711,009.96 CNY, showcasing strong performance[196]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,465,435,288.37, a decrease of 1.60% from ¥1,489,233,634.53 at the end of the previous year[20]. - The company's total liabilities decreased to ¥114,525,986.08 in the first half of 2021 from ¥150,935,204.04 in the same period of 2020, a reduction of approximately 24%[172]. - The company's total assets amounted to ¥1,448,823,668.63 in the first half of 2021, a decrease from ¥1,473,521,876.63 in the same period of 2020, reflecting a decline of approximately 1.7%[172]. - The company's total liabilities decreased to 243,471,000.00 CNY, reflecting improved financial health[196]. Cash Flow - The company reported a net cash flow from operating activities of -¥37,534,956.44, which is a slight decrease of 2.82% compared to -¥36,506,415.10 in the same period last year[20]. - Cash inflows from operating activities amounted to CNY 361,826,783.51, up from CNY 230,909,029.29 in the first half of 2020, indicating a growth of approximately 56.7%[183]. - The net cash flow from operating activities was negative at CNY -37,534,956.44, slightly worse than the previous year's negative CNY -36,506,415.10[183]. - The company reported an investment amount of RMB 988,925,753.50 during the reporting period, representing a significant increase of 9,294.69% compared to the previous year[80]. - The company reported a net cash flow from financing activities of CNY -52,082,681.59, compared to a positive CNY 14,576,966.90 in the first half of 2020[184]. Market and Product Development - The company focuses on the research, production, and sales of baking food ingredients and frozen desserts, with a diverse product line covering baking, catering, and e-commerce channels[28]. - The company launched the "Flying Egg" series of cream products in April, consisting of one protein cream and three plant-based creams, catering to modern health-conscious consumers[29]. - The company established a catering division to expand its customer base in the rapidly growing tea beverage market, focusing on both direct supply and distributor models[35]. - The company is committed to continuous innovation and product diversification, focusing on health foods and plant-based products to meet evolving consumer preferences[36]. - The company is expanding its market presence by actively engaging in the new tea beverage sector and launching innovative products[48]. Research and Development - Research and development investment rose by 31.77% to ¥15,653,469.36, reflecting the company's commitment to innovation[67]. - The company holds a total of 52 patents, including 35 invention patents and 16 utility model patents, reflecting its commitment to research and development[63]. - The company aims to enhance its research and development efforts to innovate new technologies[190]. - The company is considering strategic acquisitions to bolster its market presence[190]. Shareholder and Equity Information - The total number of shares increased from 60 million to 90 million due to a capital reserve conversion, with a cash dividend of 36 million RMB distributed[145]. - The basic earnings per share decreased from 1.88 RMB to 0.96 RMB after the share increase[147]. - The total number of ordinary shareholders at the end of the reporting period is 13,702[151]. - Huang Haixiao holds 43.20% of the shares, totaling 38,880,000 shares, with an increase of 12,960,000 shares during the reporting period[151]. - The total number of restricted shares at the end of the period is 67,500,000, with 22,500,000 shares added during the reporting period[149]. Corporate Governance and Compliance - The company has a robust investor relations management system, maintaining diverse communication channels with investors[115]. - The company has not reported any significant environmental penalties during the reporting period[113]. - The company has established confidentiality measures to protect core technologies and recipes from potential leaks[100]. - The company has not engaged in any major equity investments during the reporting period[81]. Social Responsibility - The company donated a total of 350,000 RMB to charitable foundations during the reporting period[118]. - The company emphasizes environmental protection and adheres to national regulations, ensuring compliance with relevant standards[113].