证券代码：603237 证券简称：五芳斋 公告编号： 2024-031 浙江五芳斋实业股份有限公司 关于参加 2023 年报沪市主板国货潮品 集体业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 浙江五芳斋实业股份有限公司（以下简称"公司"）已于 2024 年 4 月 25 日发 布公司 2023 年年度报告，详见上海证券交易所网站（www.sse.com.cn）。为便于 广大投资者更全面深入地了解公司 2023 年度经营成果、财务状况，公司计划于 2024 年 5 月 29 日参加 2023 年报沪市主板国货潮品集体业绩说明会，会议时间 为下午 14:00-17:30，会上将就投资者关心的问题进行交流。 一、说明会类型 本次业绩说明会以视频和网络互动方式召开，公司将针对 2023 年度经营成 果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围 内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 会议主题：2023年报沪市主板国货潮品集体业绩说明会 会议召开时间： ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： | 预计回购金额 | | | | | 万元~10,000 万元 6,000 | | --- | --- | --- | --- | --- | --- | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | | □为维护公司价值及股东权益 | | | | | | 累计已回购股数 | 2,506,364 股 | | | | | | 累计已回购股数占总股本比例 | 1.7434% | | | | | | 累计已回购金额 | 6,799.03099 万元 | | | | | | 实际回购价格区间 | 元/股~28.00 元/股 26.06 | | | | | | | 9 月 日~2024 年 9 | 6 | 月 | 5 日 | | | 回购方案首次披露日 回购方案实施期限 | 2023/9/7 2023 年 | | | | | 浙江五芳斋实业股份有限公司 一、 回购股份的基本情况 关于股份回购进展公告 公司于 2 ...

Investment Rating - The report maintains a rating of "Accumulate" for the company [1][6]. Core Views - The company has shown stable profitability and is actively expanding its distribution channels [6]. - The revenue for 2023 reached 2.635 billion yuan, representing a year-on-year growth of 7.04%, while the net profit attributable to shareholders was 165.74 million yuan, up 19.74% year-on-year [6]. - The company plans to distribute a cash dividend of 1 yuan per share (including tax) and a stock bonus of 0.4 shares, resulting in a total dividend payout ratio of 114.70% when including share buybacks [6]. Financial Data and Valuation - **Revenue (Million Yuan)**: - 2022A: 2462.10 - 2023A: 2635.31 - 2024E: 2920.88 - 2025E: 3209.65 - 2026E: 3496.48 - **Year-on-Year Revenue Growth (%)**: - 2022A: -14.87 - 2023A: 7.04 - 2024E: 10.84 - 2025E: 9.89 - 2026E: 8.94 - **Net Profit (Million Yuan)**: - 2022A: 138.41 - 2023A: 165.74 - 2024E: 197.58 - 2025E: 228.85 - 2026E: 256.52 - **Year-on-Year Net Profit Growth (%)**: - 2022A: -28.53 - 2023A: 19.74 - 2024E: 19.21 - 2025E: 15.83 - 2026E: 12.09 - **Return on Equity (ROE, %)**: - 2022A: 8.25 - 2023A: 9.40 - 2024E: 10.67 - 2025E: 11.90 - 2026E: 12.85 - **Earnings Per Share (EPS, Yuan)**: - 2022A: 0.96 - 2023A: 1.15 - 2024E: 1.37 - 2025E: 1.59 - 2026E: 1.78 - **Price-to-Earnings Ratio (P/E)**: - 2024E: 28.37 - 2025E: 23.69 - 2026E: 19.87 - 2027E: 17.16 - 2028E: 15.31 [2][6].

事件：公司披露 23 年年报及 24 年一季报：23 年公司实现营收 26.35 亿元，同 比+7%；归母净利润 1.66 亿元，同比+20%；实现扣非归母净利润 1.44 亿元， 同比+26%。此外，24 年 Q1 公司实现营收 2.07 亿元，同比-4.13%；归母净利润 亏损 0.7 亿元。 粽子等核心品类稳步增长，连锁门店渠道实现营收快增。分产品看，23 年 粽 子 系 列 / 月 饼 系 列 / 餐 食 系 列 / 蛋 制 品 、 糕 点 及 其 他 营 收 分 别 同 比 +11.06%/-4.32%/+4.78%/-5.54%；其中，核心品类粽子 23 年销量、吨价分别同 比+14.52%/-3.02%，而月饼销量、吨价则分别同比+2.80%/-6.93%；分渠道看， 23 年 连 锁 门 店 、 电 商 、 商 超 、 经 销 商 、 其 他 渠 道 营 收 分 别 同 比 +26.68%/+8.13%/-15.18%/+10.89/-6.85%，其中公司连锁门店共开设了直营店 112 家，合作经营店 25 家，分别同比-26/0 家；而分地区看，23 年公司华东/ 华 北 / 华 中 / 华 ...

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The company's performance met expectations, with a focus on optimizing traditional store operations [1] - The company is a leading player in the rice dumpling industry, leveraging a dual strategy of "food + catering" for growth [4] - The company is actively expanding its product lines beyond rice dumplings, with promising developments in mooncakes and rice balls [4] Summary by Sections Financial Performance - In 2023, the company achieved total revenue of 2.635 billion yuan, a year-on-year increase of 7%, primarily driven by strong sales of rice dumplings [1] - The net profit attributable to shareholders for 2023 was 166 million yuan, up 20% year-on-year [1] - The company's gross margin for 2023 was 36.39%, a decrease of 1 percentage point year-on-year [1] - For Q1 2024, total revenue was 207 million yuan, a decrease of 4% year-on-year, with a net profit of -70 million yuan [1] Product Segments - The rice dumpling segment generated revenue of 1.940 billion yuan in 2023, an increase of 11% year-on-year, with sales volume reaching 54,400 tons [1] - The mooncake segment reported revenue of 228 million yuan in 2023, a decrease of 4% year-on-year [1] - The rice ball segment showed growth potential, with revenue of 36 million yuan in Q1 2024, reflecting a 656.41% increase year-on-year [1] Channel Performance - Revenue from chain stores was 364 million yuan in 2023, up 27% year-on-year, while Q1 2024 saw a decline of 5% [3] - E-commerce revenue was 887 million yuan in 2023, an increase of 8%, but dropped 24% in Q1 2024 [3] - The company is focusing on optimizing its traditional store network while expanding in key cities [3] Profit Forecast - The earnings per share (EPS) forecast for 2024-2026 is projected at 1.41, 1.73, and 2.03 yuan respectively, with corresponding price-to-earnings (PE) ratios of 20, 16, and 14 times [4]

证券代码：603237 证券简称：五芳斋 公告编号：2024-013 浙江五芳斋实业股份有限公司 第九届监事会第十次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、监事会会议召开情况 浙江五芳斋实业股份有限公司（以下简称"公司"）第九届监事会第十次会议 于 2024 年 4 月 23 日（星期二）在嘉兴市秀洲区新城街道木桥港路 677 号五芳斋 总部大楼 1 幢 21 楼会议室以现场结合通讯的方式召开。会议通知已于 2024 年 4 月 12 日通过邮件的方式送达各位监事。本次会议应出席监事 5 人，实际出席监 事 5 人（其中：通讯方式出席监事 1 人）。 会议由监事会主席胡建民主持，公司部分高级管理人员列席会议。会议召开 符合有关法律法规、规章和《公司章程》的规定。 二、监事会会议审议情况 出席会议的监事对议案进行了认真审议并做出了如下决议： （一）审议通过《关于 2023 年度监事会工作报告的议案》 表决结果：5 票同意，0 票反对，0 票弃权。 本议案需提交公司股东大会审议。 （四）审议通过《关于 2 ...

证券代码：603237 证券简称：五芳斋 公告编号：2024-015 浙江五芳斋实业股份有限公司 关于 2024 年度申请银行综合授信额度的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 二、备查文件 重要内容提示： 浙江五芳斋实业股份有限公司（以下简称"公司"）于 2024 年 4 月 23 日召 开第九届董事会第十五次会议，审议通过了《关于 2024 年度申请银行综合授信 额度的议案》，本议案尚需提交股东大会审议，具体情况如下： 一、2024 年度银行综合授信情况概述 为保证公司现金流充足，满足公司各项经营的需要，公司拟以自有资产抵 （质）押、信用、应收账款质押等方式向银行、融资租赁公司等金融机构申请额 度总计不超过人民币 12 亿元的综合授信，授信业务范围包括但不限于流动资金 贷款、并购贷款、银行承兑汇票、信用证、保理、保函等。上述综合授信的期限 以银行最终批复为准，综合授信额度不等于公司的实际融资金额，实际融资金额 将控制在综合授信额度内，具体以金融机构与公司实际发生的融资金额为准。 董事会提请股东大会授权公司经 ...

内部控制审计报告 天健审〔2024〕2309 号 浙江五芳斋实业股份有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求，我 们审计了浙江五芳斋实业股份有限公司（以下简称五芳斋公司）2023 年 12 月 31 日的财务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》《企业内部控制应用指引》以及《企业内部 控制评价指引》的规定，建立健全和有效实施内部控制，并评价其有效性是五芳 斋公司董事会的责任。 二、注册会计师的责任 我们的责任是在实施审计工作的基础上，对财务报告内部控制的有效性发表 审计意见，并对注意到的非财务报告内部控制的重大缺陷进行披露。 目 录 一、内部控制审计报告…………………………………………第 1—2 页 四、财务报告内部控制审计意见 我们认为，五芳斋公司于 2023 年 12 月 31 日按照《企业内部控制基本规范》 第 1 页 共 2 页 和相关规定在所有重大方面保持了有效的财务报告内部控制。 天健会计师事务所（特殊普通合伙） 中国注册会计师： 中国·杭州 中国注册会计师： 二〇二四年四月二十三日 第 2 页 共 2 页 三、内部 ...

浙江五芳斋实业股份有限公司 公司章程 浙江五芳斋实业股份有限公司 章 程 $$\Xi{\cal O}\,{\underline{{{-}}}}\,\vert\Xi\vert\,{\not\!\exists}\,\vert\Xi\vert$$ | 第一章 | 总则 | | 2 | | --- | --- | --- | --- | | | 中文全称：浙江五芳斋实业股份有限公司 | | 2 | | 第二章 | 经营宗旨和范围 | | 3 | | 第三章 | 股 份 | | 3 | | 第一节 | | 股份发行 | 3 | | 第二节 | | 股份增减和回购 | 4 | | 第三节 | | 股份转让 | 5 | | 第四章 | 股东和股东大会 | | 6 | | 第一节 | 股东 | | 6 | | 第二节 | | 股东大会的一般规定 | 7 | | 第三节 | | 股东大会的召集 | 9 | | 第四节 | | 股东大会的提案与通知 | 10 | | 第五节 | | 股东大会的召开 | 12 | | 第六节 | | 股东大会的表决和决议 | 14 | | 第五章 | 董事会 | | 18 | | 第一节 | 董事 ...

Financial Performance - The company's operating revenue for Q1 2024 was ¥207,137,579.40, a decrease of 4.13% compared to ¥216,066,125.77 in the same period last year[5] - The net profit attributable to shareholders of the listed company was -¥69,759,577.11, compared to -¥63,936,694.36 in the previous year, indicating a continued loss[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥70,523,263.25, slightly worse than -¥69,721,818.94 in the previous year[5] - Total operating revenue for Q1 2024 was CNY 207.14 million, a decrease of 4.3% from CNY 216.07 million in Q1 2023[23] - Net loss for Q1 2024 was CNY 70.50 million, compared to a net loss of CNY 64.82 million in Q1 2023, representing an increase in loss of 8.3%[25] - Basic and diluted earnings per share for Q1 2024 were both CNY -0.50, compared to CNY -0.45 in Q1 2023[25] Cash Flow and Liquidity - Cash flows from operating activities increased by 21.04%, reaching ¥192,411,609.13 compared to ¥158,962,601.15 in the same period last year[6] - Cash inflow from operating activities for Q1 2024 was $589.09 million, a decrease of 6.4% compared to $629.53 million in Q1 2023[29] - Net cash flow from operating activities increased to $192.41 million in Q1 2024, up 21.0% from $158.96 million in Q1 2023[29] - Cash outflow for investing activities in Q1 2024 was $46.19 million, significantly lower than $297.74 million in Q1 2023[30] - Net cash flow from investing activities was -$46.17 million in Q1 2024, an improvement from -$147.33 million in Q1 2023[30] - Cash inflow from financing activities totaled $50.50 million in Q1 2024, compared to $43.44 million in Q1 2023[30] - The net increase in cash and cash equivalents for Q1 2024 was $172.42 million, a significant rise from $38.79 million in Q1 2023[30] - The ending balance of cash and cash equivalents for Q1 2024 was $782.28 million, down from $942.06 million in Q1 2023[30] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,657,770,591.82, reflecting a 13.79% increase from ¥2,335,698,961.06 at the end of the previous year[6] - Total assets as of Q1 2024 amounted to CNY 2.66 billion, an increase from CNY 2.34 billion in the previous year[21] - Total liabilities for Q1 2024 were CNY 976.62 million, up from CNY 569.10 million in Q1 2023, reflecting a significant increase of 71.5%[21] - The company reported a total current assets of RMB 1,315,247,317.47 as of March 31, 2024, compared to RMB 994,533,170.45 at the end of 2023, reflecting an increase of approximately 32.26%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period was 10,716[13] - The largest shareholder, Wufangzhai Group Co., Ltd., holds 42,690,596 shares, accounting for 29.70% of total shares[13] - The company plans to distribute a cash dividend of ¥0.4 per share and issue 4 bonus shares for every 10 shares held, following the approval of the profit distribution plan[6] Non-Recurring Items and Other Gains - The company reported non-recurring gains of ¥763,686.14, primarily from government subsidies and asset disposals[10] - The company’s weighted average return on net assets was -4.03%, a decrease of 0.18 percentage points compared to -3.85% in the previous year[6] Inventory and Research - Inventory as of March 31, 2024, was RMB 350,904,412.15, significantly up from RMB 197,947,727.80 at the end of 2023, indicating an increase of about 77.06%[19] - Research and development expenses increased to CNY 5.38 million in Q1 2024, up from CNY 4.88 million in Q1 2023, indicating a focus on innovation[23] Share Repurchase Plan - The company has initiated a share repurchase plan with a total amount not less than RMB 60 million and not exceeding RMB 100 million, aimed at employee stock ownership plans or equity incentives[16] - As of March 29, 2024, the company has repurchased a total of 2,506,364 shares, accounting for 1.74% of the total share capital, with a total expenditure of RMB 67,990,309.90[16] Compliance and Regulations - The company plans to implement strict compliance with regulations regarding share repurchase and timely information disclosure[16] - The company has not disclosed any related party transactions among the top 10 shareholders[14]