HAID GROUP(002311)2024-09-12 11:05Group 1: Sales Performance - In the first half of 2024, Haida Group achieved feed sales of 10.81 million tons, representing a year-on-year growth of 8% [2] - The company's overseas feed sales exceeded 1 million tons in the first half of 2024, with a year-on-year growth of over 30% [3] Group 2: Financial Metrics - The operating revenue for the first half of 2024 was 52.296 billion yuan, a slight decrease of 0.84% compared to the previous year [2] - The net profit attributable to shareholders in the first half of 2024 reached 2.125 billion yuan, with a year-on-year growth of 93.15% [4] - The cash flow from operating activities in the first half of 2024 was 1.901 billion yuan, a decline of 65.72% year-on-year [3] - The cash flow from investment activities was -2.102 billion yuan, down 36.4% year-on-year, while cash flow from financing activities was -0.589 billion yuan, an increase of 13.69% [3] Group 3: Inventory and Assets - As of the end of the first half of 2024, the book value of inventory was 11.682 billion yuan, an increase of 17.58% compared to the end of the previous year, accounting for 58.01% of the net assets attributable to shareholders [3] - The asset-liability ratio at the end of the first half of 2024 was 56.24%, a decrease of 3.4% compared to the same period last year [4] Group 4: Research and Development - The R&D investment in the first half of 2024 was approximately 400 million yuan, reflecting a year-on-year growth of 16.02% [3] Group 5: Expenses - Selling expenses in the first half of 2024 amounted to 1.259 billion yuan, a year-on-year increase of 10.81% due to expanded operations and increased personnel costs [4] - Management expenses reached 1.488 billion yuan, up 14.86% year-on-year, attributed to similar reasons as selling expenses [4]