海融科技(300915) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 349,912,808.62, representing a 53.52% increase compared to CNY 227,927,590.52 in the same period last year[20]. - The net profit attributable to shareholders of the listed company reached CNY 51,737,803.85, an increase of 86.51% from CNY 27,740,174.54 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was CNY 43,522,907.87, up 68.74% from CNY 25,792,792.59 in the same period last year[20]. - The basic earnings per share increased to CNY 0.57, an 83.87% rise compared to CNY 0.31 in the previous year[20]. - The company's total revenue for the first half of 2021 reached 346.84 million yuan, representing a 52.31% increase compared to 227.72 million yuan in the same period of 2020[51]. - The net profit for the first half of 2021 reached CNY 51.74 million, representing a growth of 86.4% from CNY 27.74 million in the first half of 2020[178]. - The total comprehensive income for the first half of 2021 was CNY 53.42 million, compared to CNY 26.79 million in the first half of 2020, marking an increase of 99.2%[176]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,465,435,288.37, a decrease of 1.60% from CNY 1,489,233,634.53 at the end of the previous year[20]. - The company's total assets as of June 30, 2021, were CNY 1,448,823,668.63, a decrease from CNY 1,473,521,876.63 at the end of 2020[171]. - The total liabilities decreased to CNY 114,525,986.08 in the first half of 2021 from CNY 150,935,204.04 in the same period last year, representing a reduction of 24.1%[172]. - The company's cash and cash equivalents decreased significantly to CNY 148,538,224.86 from CNY 1,199,372,900.89 at the end of 2020, indicating a decline of 87.6%[170]. - The company's fixed assets rose to CNY 105,726,917.29 from CNY 99,692,455.30, indicating an increase of about 6.5%[166]. Cash Flow - The net cash flow from operating activities was negative at CNY -37,534,956.44, slightly worse than CNY -36,506,415.10 in the same period last year, a decrease of 2.82%[20]. - The cash flow from operating activities for the first half of 2021 was CNY 358.45 million, compared to CNY 226.68 million in the same period of 2020, indicating a growth of 58.0%[182]. - The total cash inflow from investment activities was 1,630,474,262.09 RMB, while cash outflow was 2,608,925,753.50 RMB, resulting in a net cash flow from investment activities of -978,451,491.41 RMB[184]. - The total cash and cash equivalents at the end of the first half of 2021 were 158,856,842.10 RMB, down from 1,227,194,577.11 RMB at the beginning of the period[184]. Investment and Expansion - The company has committed to several investment projects, including the expansion of margarine production with a total investment of RMB 6,263 million, scheduled for completion by September 30, 2023[85]. - The company has also committed RMB 9,960 million for the construction of a frozen dessert factory, expected to be completed by September 30, 2023[85]. - The total amount of committed investment projects is RMB 43,041 million, with a cumulative investment of RMB 5,000 million already made[85]. Product Development and Innovation - The company launched the "Flying Egg" series of cream products in April, which includes four products aimed at meeting modern health-conscious dietary needs[29]. - The company focuses on continuous innovation and product diversification to meet varying customer demands, particularly in health and plant-based food segments[36]. - The company launched 8 new invention patents and 1 utility model patent during the reporting period, bringing the total number of patents to 52[63]. Market and Sales - The company has a diverse sales network covering most regions in China and several Southeast Asian countries, maintaining strong relationships with major baking and tea beverage chains[28]. - The revenue from the distribution model was 294.11 million yuan, up 45.68% from 201.89 million yuan year-on-year, while direct sales revenue increased by 104.13% to 52.73 million yuan[51]. - The company has actively expanded its brand influence through participation in industry exhibitions and product launches, enhancing its market presence[49]. Risk Management and Compliance - The company emphasizes the importance of risk awareness and prudent decision-making for investors regarding future plans and strategies[4]. - The company emphasizes food safety, adhering to HACCP, ISO9001, and ISO22000 standards to mitigate risks[95]. - The company closely monitors raw material price trends and employs long-term contracts to manage cost fluctuations[96]. Corporate Governance and Social Responsibility - The company has established a comprehensive salary incentive system to provide employees with competitive and stable compensation, along with benefits including social insurance[116]. - The company actively engages in social responsibility, focusing on creating value for customers and stakeholders while promoting environmental protection initiatives[114]. - The company donated 150,000 RMB to the Jin Hui Town Charity Foundation and 200,000 RMB to the Shanghai Charity Foundation during the reporting period[118].