公司最新资产负债率为45.22%，在已披露的同业公司中排名第16，较上季度资产负债率减少0.27个百分 点，较去年同期资产负债率减少1.18个百分点。 公司最新毛利率为34.36%，在已披露的同业公司中排名第18，较上季度毛利率减少2.45个百分点，较去 年同期毛利率减少1.90个百分点。最新ROE为2.44%，在已披露的同业公司中排名第12，较去年同期 ROE减少3.42个百分点。 公司营业总收入为45.93亿元，在已披露的同业公司中排名第6，较去年同报告期营业总收入减少10.94亿 元，同比较去年同期下降19.24%。归母净利润为1.73亿元，在已披露的同业公司中排名第11，较去年同 报告期归母净利润减少2.50亿元，同比较去年同期下降59.09%。经营活动现金净流入为-9.51亿元，在已 披露的同业公司中排名第18，较去年同报告期经营活动现金净流入增加6694.91万元，实现2年连续上 涨。 公司摊薄每股收益为0.23元，在已披露的同业公司中排名第12，较去年同报告期摊薄每股收益减少0.34 元，同比较去年同期下降59.08%。 2025年8月29日，顺鑫农业(000860.SZ)发布2025年中报。 ...

Core Insights - The event "Aggressive Development and Sales Promotion" for the launch of Niulanshan's "Colorful 20" was held in Anhui, attended by over 70 key partners and sales elites, highlighting the growth and strategic direction of the company [3] - The light bottle liquor market in 2024 has reached a scale of 150 billion yuan, indicating a significant growth trend driven by quality and scenario upgrades in the Chinese consumption market [3] - Niulanshan has established itself as the leading brand in the light bottle liquor segment, achieving nearly 1 billion bottles in annual sales, and has expanded its market presence in Anhui since 2013 [5] Market Trends - The light bottle liquor category is recognized as a stable growth segment in the liquor industry, serving as a ballast during market adjustments, with Niulanshan being a key player due to its strong channel barriers and high cost-performance ratio [7] - The introduction of the "Niulanshan Niuzhuan Qian Kun Series" aligns with the evolving consumer demographics and the need for product upgrades in the Erguotou category [5] Product Strategy - The Niujiao Qingxiang Division has identified that the mainstream products in the Anhui light bottle liquor market are concentrated below 30 yuan for strong aroma types and above 40 yuan for light aroma types, leading to a strategic product restructuring [9] - The launch of "Niuzhuan Qian Kun·Colorful 20" targets the mainstream price range of 20 yuan in the Anhui light bottle liquor market, with unique promotional strategies to enhance sales and encourage repeat purchases [15] Management Philosophy - The chairman of Co-Creation Vision emphasized the importance of deep market engagement and team skill enhancement to thrive in a competitive environment, suggesting that opportunities exist even in challenging market conditions [12][13]

Core Viewpoint - Shunxin Agriculture reported a significant decline in both revenue and net profit for the first half of 2025, primarily due to poor performance in its liquor and pork businesses [1] Group 1: Financial Performance - The company achieved a revenue of 4.593 billion yuan, a year-on-year decrease of 19.24% [1] - The net profit attributable to shareholders was approximately 173 million yuan, down 59.09% compared to the previous year [1] Group 2: Business Segment Performance - The liquor business, which contributed nearly 80% of the company's revenue, generated 3.606 billion yuan, reflecting a substantial decline of 23.25% year-on-year [1] - All categories of liquor, including high-end, mid-range, and low-end, experienced revenue declines of 12.32%, 21.87%, and 25.41% respectively, with corresponding gross profit margins also decreasing [1] - The pork business, primarily consisting of slaughtering and breeding, reported revenue of 782 million yuan, a slight decline of 0.49%, with a gross profit margin plummeting to just 0.01% [2] Group 3: Market Performance - Sales and production of five out of six major liquor products declined year-on-year, indicating a lack of competitive strength in the market [2] - Revenue from both Beijing and external markets fell, with declines of 12.97% and 21.69% respectively [2]

Core Viewpoint - Shunxin Agriculture reported a significant decline in both revenue and net profit for the first half of 2025, primarily due to poor performance in its liquor and pork businesses [1] Group 1: Financial Performance - The company achieved a revenue of 4.593 billion yuan, a year-on-year decrease of 19.24% [1] - The net profit attributable to shareholders was approximately 173 million yuan, down 59.09% compared to the previous year [1] Group 2: Liquor Business - The liquor segment contributed nearly 80% of the company's revenue, generating 3.606 billion yuan, which represents a substantial decline of 23.25% year-on-year [1] - All categories of liquor, including high-end, mid-range, and low-end, experienced revenue declines of 12.32%, 21.87%, and 25.41% respectively [1] - Gross margins for high-end, mid-range, and low-end liquor also fell to 69.32%, 42.12%, and 36.91% respectively [1] Group 3: Pork Business - The pork business, primarily consisting of slaughtering and breeding, generated revenue of 782 million yuan, a slight decline of 0.49% year-on-year [2] - The gross margin for the pork business plummeted to just 0.01% [2] Group 4: Regional Performance - Revenue in both Beijing and other regions saw declines, with decreases of 12.97% and 21.69% respectively [2]

Group 1 - The company, Shunxin Agriculture, announced the convening of its 22nd meeting of the 9th Board of Directors on August 28, 2025, to review documents including an application for comprehensive credit from China Postal Savings Bank [1] - For the first half of 2025, Shunxin Agriculture's revenue composition was as follows: 78.51% from the liquor industry, 17.02% from the meat processing industry, and 4.47% from other sectors [1]

智通财经APP讯，顺鑫农业(000860.SZ)发布2025年半年度报告，报告期内，公司实现营业收入45.93亿 元，同比下降19.24%。实现归属于上市公司股东的净利润1.73亿元，同比下降59.09%。实现归属于上市 公司股东的扣除非经常性损益的净利润1.77亿元，同比下降57.95%。基本每股收益0.2331元。 ...

Core Viewpoint - Shunxin Agriculture (000860.SZ) reported a significant decline in both revenue and net profit for the first half of 2025, indicating potential challenges in its operational performance [1] Financial Performance - The company achieved operating revenue of 4.593 billion yuan, a year-on-year decrease of 19.24% [1] - The net profit attributable to shareholders was 173 million yuan, down 59.09% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 177 million yuan, reflecting a decline of 57.95% year-on-year [1] - Basic earnings per share were reported at 0.2331 yuan [1]

Core Viewpoint - In the first half of 2023, Shunxin Agriculture reported a significant decline in both revenue and net profit, indicating challenges in its core business segments, particularly in the liquor and pork industries [2]. Revenue and Profit Summary - The company's revenue for the first half of the year was 4.593 billion yuan, a decrease of 19.24% year-on-year [2]. - The net profit attributable to shareholders was approximately 173 million yuan, down 59.09% compared to the previous year [2]. Business Segment Performance - The liquor business, which contributed nearly 80% of the company's revenue, generated 3.606 billion yuan, reflecting a substantial decline of 23.25% year-on-year [2]. - All categories of liquor, including high-end, mid-range, and low-end, experienced revenue declines of 12.32%, 21.87%, and 25.41% respectively [2]. - The gross profit margins for high-end, mid-range, and low-end liquor also fell to 69.32%, 42.12%, and 36.91% respectively [2]. Product-Specific Performance - Among the six main liquor products, five saw declines in both sales and production volumes year-on-year, indicating a lack of competitive strength in the market [3]. - The production and sales figures for the 42-degree 500ml Niulanshan Chenxiang liquor were 65,203.23 thousand liters and 115,405.25 thousand liters, showing a year-on-year decline of 58.63% and 33.05% respectively [4]. - The 52-degree 500ml Niulanshan Chenxiang liquor had production and sales of 4,215.98 thousand liters and 8,922.64 thousand liters, with declines of 37.75% and 14.81% respectively [4]. Pork Business Performance - The pork segment, primarily driven by slaughtering and breeding, generated 782 million yuan in revenue, a slight decline of 0.49% year-on-year, with a gross margin dropping to just 0.01% [5]. - Revenue from both Beijing and external markets also fell, with declines of 12.97% and 21.69% respectively [5].

Core Insights - Shunxin Agriculture reported a revenue of 4.593 billion yuan and a net profit of 173 million yuan for the first half of 2025 [1] - The company focused on product innovation, marketing model transformation, and cultural tourism integration, with the liquor segment generating 3.606 billion yuan in revenue, a year-on-year decrease of 23.25% [1] - The pork segment achieved a revenue of 889 million yuan, with slaughtering business sales at 782 million yuan and breeding sales at 107 million yuan [1] - Shunxin Agriculture is implementing a development strategy focused on brand building, enhancing the front end of the industry chain with "breeding sales," and improving the back end with "deep processing and cooked food" [1] Financial Performance - Total revenue for the first half of 2025 was 4.593 billion yuan [1] - Net profit attributable to shareholders was 173 million yuan [1] - Revenue from the liquor segment was 3.606 billion yuan, reflecting a 23.25% decline year-on-year [1] Segment Analysis - The liquor industry segment's revenue decreased significantly, indicating potential challenges in this area [1] - The pork industry segment showed a total revenue of 889 million yuan, with the slaughtering business being the primary contributor [1] - The company is focusing on upgrading its industry structure and enhancing asset value through strategic initiatives [1]

北京顺鑫农业股份有限公司第九届监事会第十三次会议决议公告 证券代码：000860 证券简称：顺鑫农业 公告编号：2025-023 二、监事会会议审议情况 1、审议通过了《公司 2025 年半年度报告全文及摘要》。 北京顺鑫农业股份有限公司 第九届监事会第十三次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 一、监事会会议召开情况 北京顺鑫农业股份有限公司（以下简称"本公司"或"公司"）第九届监事 会第十三次会议通知于 2025 年 8 月 15 日以当面送达的方式通知了公司全体监事， 会议于 2025 年 8 月 28 日在顺鑫国际商务中心 12 层会议室召开，会议应出席监 事 3 人，实际出席监事 3 人，由监事会主席杜连杰女士主持。本次会议符合《公 司法》和《公司章程》的有关规定。 公司《2025 年半年度报告》全文详见巨潮资讯网（www.cninfo.com.cn）。 公司《2025 年半年度报告摘要》详见《证券时报》《中国证券报》《上海证券 报》《证券日报》和巨潮资讯网（www.cninfo.com.cn）。 表决结果：有效表决票数 3 ...