Market Overview - The leisure food sector increased by 0.14% on August 4, with Youyou Food leading the gains [1] - The Shanghai Composite Index closed at 3583.31, up 0.66%, while the Shenzhen Component Index closed at 11041.56, up 0.46% [1] Key Performers - Youyou Food (603697) closed at 12.68, up 4.11% with a trading volume of 163,700 shares and a transaction value of 207 million yuan [1] - Ximai Food (002956) closed at 20.67, up 2.53% with a trading volume of 43,600 shares and a transaction value of 89.14 million yuan [1] - Wancheng Group (300972) closed at 146.02, up 0.95% with a trading volume of 18,000 shares and a transaction value of 262 million yuan [1] Decliners - Huangshanghuang (002695) saw a significant decline of 5.65%, closing at 13.18 with a trading volume of 287,400 shares and a transaction value of 376 million yuan [2] - Nanchao Food (605339) decreased by 0.84%, closing at 17.77 with a trading volume of 23,600 shares and a transaction value of 42.01 million yuan [2] - Zhizhi Food (002557) fell by 0.43%, closing at 23.03 with a trading volume of 47,400 shares and a transaction value of 109 million yuan [2] Capital Flow - The leisure food sector experienced a net outflow of 3.81 million yuan from institutional investors, while retail investors saw a net inflow of 1.02 million yuan [2][3] - Youyou Food had a net inflow of 6.32 million yuan from institutional investors, but a net outflow of 12.60 million yuan from retail investors [3] - Ximai Food had a net inflow of 885,510 yuan from institutional investors, but a net outflow of 1.07 million yuan from retail investors [3]

证券之星消息，8月1日休闲食品板块较上一交易日上涨0.56%，煌上煌领涨。当日上证指数报收于 3559.95，下跌0.37%。深证成指报收于10991.32，下跌0.17%。休闲食品板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002695 | 煌上煌 | 13.97 | 5.99% | 24.33万 | | 3.33亿 | | 000716 | 性能 | 6.54 | 4.81% | 83.45万 | | 5.38亿 | | 605339 | 南侨食品 | 17.92 | 2.69% | 2.77万 | | 4895.36万 | | 603697 | 有友食品 | 12.18 | 2.27% | 9.98万 | | 1.22亿 | | 002719 | 麦趣尔 | 9.47 | 1.18% | 10.60万 | | 1.00亿 | | 001219 | 青岛食品 | 14.12 | 1.15% | 3.04万 | | 4281.75万 | | 60371 ...

Market Overview - The leisure food sector experienced a decline of 1.22% on July 29, with Yanjinpuzi leading the drop [1] - The Shanghai Composite Index closed at 3609.71, up 0.33%, while the Shenzhen Component Index closed at 11289.41, up 0.64% [1] Individual Stock Performance - Huangshanghuang (002695) saw a price increase of 3.25%, closing at 13.35, with a trading volume of 127,700 shares and a turnover of 167 million yuan [1] - Yanjinpuzi (002847) reported a significant decline of 6.22%, closing at 69.69, with a trading volume of 50,100 shares and a turnover of 355 million yuan [2] - Other notable declines included Maquuer (002719) down 2.61% and Lihigh Food (300973) down 2.18% [2] Capital Flow Analysis - The leisure food sector saw a net outflow of 173 million yuan from institutional investors, while retail investors experienced a net inflow of 212 million yuan [2] - The capital flow for individual stocks showed varied trends, with Lihigh Food receiving a net inflow of 9.36 million yuan from institutional investors [3] - Conversely, Yanjinpuzi experienced a net outflow of 3.56 million yuan from institutional investors [3]

证券代码：605339 证券简称：南侨食品 编号：临 2025-046 特别提示： 南侨食品集团（上海）股份有限公司(以下简称"公司")之间接控股股东南侨投 资控股股份有限公司（以下简称"南侨投控"）为台湾地区上市公司，南侨投控需按 照台湾证券交易所相关规定，披露每月归属于母公司股东的净利润数据。为使A股投资 者能够及时了解公司的经营情况，本公司亦同步在上海证券交易所指定的信息披露媒 体《中国证券报》、《上海证券报》、《证券时报》、《证券日报》和上海证券交易 所网站（http://www.sse.com.cn）上披露本公司归属于母公司股东的净利润。 南侨食品集团（上海）股份有限公司 2025年6月归属于母公司股东的净利润简报 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 公司 2025 年 6 月归属于母公司股东的净利润为人民币 69.86 万元，同比减少 93.73%。 特此公告。 南侨食品集团（上海）股份有限公司董事会 2025 年 7 月 22 日 本简报为初步核算数据，未经会计师事务所审计或审阅，最终数据以公司定期报 告为准，敬请投资者注意投资风险。 ...

南侨食品（605339）公告，公司2025年6月归属于母公司股东的净利润为69.86万元，同比减少93.73%。 ...

Company Overview - Nanchao Food Group has been a leader in the baking oil market for nearly 30 years, offering over 200 product varieties to meet diverse customer needs across various sectors [2] - The company's baking oil revenue reached 1.542 billion yuan in 2024, accounting for 48.8% of total revenue, making it highly sensitive to raw material price fluctuations [2] - Nanchao Food has expanded its business into other areas such as cream, dairy products, and pre-prepared baked goods, with the share of pre-prepared baked goods increasing from 2.13% in 2015 to 13.53% in Q1 2025 [2] Financial Performance - For the first half of the year, Nanchao Food expects a net profit attributable to shareholders of between 32.36 million yuan and 38.84 million yuan, with a non-recurring net profit of between 30.29 million yuan and 36.35 million yuan [1] - The company faces pressure on overall profit levels due to the lagging price increase of its products compared to the rising costs of raw materials, including palm oil, soybean oil, coconut oil, and natural cream [1] Industry Insights - The retail market size of China's baking food industry is projected to reach 285.3 billion yuan in 2024, with an expected growth to 302.6 billion yuan by 2029 [3] - The continuous growth of the baking market reflects the industry's vitality and broad prospects, driven by consumers' increasing pursuit of quality of life and emotional value associated with baked products [3] - There remains room for brand enhancement within the baking industry, indicating that leading companies can further expand their market share, potentially increasing industry concentration [3]

Core Viewpoint - The company anticipates a significant decline in net profit for the first half of 2025, with estimates showing a decrease of approximately 69.76% to 74.80% compared to the same period last year [2][4]. Financial Performance Summary - The projected net profit attributable to shareholders for the first half of 2025 is estimated to be between 32.36 million and 38.84 million yuan, representing a decrease of 89.60 million to 96.07 million yuan year-on-year [2][4]. - The expected net profit after deducting non-recurring gains and losses is forecasted to be between 30.29 million and 36.35 million yuan, reflecting a reduction of 84.74 million to 90.80 million yuan compared to the previous year [2][4]. Previous Year Comparison - In the same period last year, the total profit was 155.86 million yuan, with a net profit attributable to shareholders of 128.44 million yuan and a net profit after deducting non-recurring gains and losses of 121.09 million yuan [2]. Reasons for Performance Decline - The decline in performance is primarily attributed to significant fluctuations in the prices of key raw materials, which have impacted production costs and profit levels. Key materials include palm oil, soybean oil, coconut oil, and natural cream [2][3]. - Although palm oil prices have slightly decreased entering 2025, they remain high compared to the same period in 2024. Coconut oil prices have continued to rise, reaching historical highs, while the prices of imported natural cream and dairy products have also seen significant year-on-year increases [2][3]. Company Response - The company plans to monitor raw material price trends closely and adjust procurement strategies based on market conditions and operational realities to mitigate the impact of price fluctuations on production [3]. - Efforts will be made to enhance production line automation, strengthen supply chain management, and optimize cost management [3].

[Current Period Performance Forecast](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%83%85%E5%86%B5) The company anticipates a significant decline in net profit attributable to shareholders and net profit after non-recurring items for the first half of 2025, with a year-on-year decrease projected between 69% and 75% 2025 H1 Performance Forecast | Metric | 2025 H1 Estimated (CNY) | YoY Change | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders** | CNY 32.36 million to CNY 38.84 million | ↓ 69.76% to 74.80% | | **Net Profit After Non-Recurring Items** | CNY 30.29 million to CNY 36.35 million | ↓ 69.98% to 74.99% | - The financial data in this performance forecast has not been audited by a certified public accountant[3](index=3&type=chunk) [Prior Period Performance Review](index=1&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8A%E5%B9%B4%E5%90%8C%E6%9C%9F%E7%BB%8F%E8%90%A5%E4%B8%9A%E7%BB%A9%E5%92%8C%E8%B4%A2%E5%8A%A1%E7%8A%B6%E5%86%B5) This section reviews key financial data for the first half of 2024, including a net profit attributable to shareholders of CNY 128.44 million and earnings per share of CNY 0.30, providing a benchmark for the current forecast's significant decline 2024 H1 Operating Performance | Metric | 2024 H1 Data (CNY) | | :--- | :--- | | **Total Profit** | CNY 155.86 million | | **Net Profit Attributable to Shareholders** | CNY 128.44 million | | **Net Profit After Non-Recurring Items** | CNY 121.09 million | | **Earnings Per Share** | CNY 0.30 | [Analysis of Performance Decline](index=2&type=section&id=%E4%B8%89%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%87%8F%E7%9A%84%E4%B8%BB%E8%A6%81%E5%8E%9F%E5%9B%A0) The significant performance decline is primarily due to dual pressures from high raw material costs, particularly palm and coconut oil, and insufficient product price increases to offset these costs amidst a challenging macroeconomic and competitive environment - Significant pressure from key raw material costs: **palm oil prices remain high year-on-year** despite some decline, **coconut oil prices reached a historical high**, and prices for imported natural butter and dairy products also increased significantly year-on-year[6](index=6&type=chunk) - Profit margins are squeezed: Product price increases are lower than raw material cost increases due to the macroeconomic environment and industry competition, with pricing adjustments also experiencing a time lag, leading to overall pressure on the company's profitability[6](index=6&type=chunk) - Company's response strategy: The company plans to optimize costs by adjusting procurement rhythms, enhancing production automation, and strengthening supply chain management to mitigate raw material price fluctuations[6](index=6&type=chunk) [Risk Warning and Other Disclosures](index=2&type=section&id=%E5%9B%9B%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) The company emphasizes that the performance forecast data is a preliminary, unaudited estimate by the finance department and may differ from the final audited financial results, advising investors to refer to the official semi-annual report - This performance forecast represents preliminary estimates by the company's accounting department and has not been audited by an accounting firm, thus containing uncertainties[7](index=7&type=chunk) - The final accurate financial data will be subject to the company's officially disclosed 2025 semi-annual report, cautioning investors about investment risks[8](index=8&type=chunk)

特别提示： 南侨食品集团（上海）股份有限公司(以下简称 "公司")之间接控股股东南侨投 资控股股份有限公司（以下简称"南侨投控"）为台湾地区上市公司，南侨投控需按 照台湾证券交易所相关规定，披露每月营业收入数据。为使A 股投资者能够及时了解 公司的经营情况，本公司亦同步在上海证券交易所指定的信息披露媒体上披露本公司 营业收入。 本简报为初步核算数据，未经会计师事务所审计或审阅，最终数据以公司定期报 告为准，敬请投资者注意投资风险。 证券代码：605339 证券简称：南侨食品 公告编号：临2025-044 南侨食品集团（上海）股份有限公司 2025年6月营业收入简报 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 公司 2025 年 6 月合并营业收入为人民币 23,654.04 万元，同比减少 5.65 %。 特此公告。 南侨食品集团（上海）股份有限公司董事会 2025 年 7 月 11 日 ...

Group 1 - The core point of the article is that Nanjiao Food (605339) announced a decrease in consolidated operating revenue for June 2025, amounting to RMB 237 million, which represents a year-on-year decline of 5.65% [1]