2024年度业绩预告 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。 一、本期业绩预计情况 1、业绩预告期间：2024 年 1 月 1 日-2024 年 12 月 31 日 2、业绩预告情况：扭亏为盈 证券代码：002385 证券简称：大北农 公告编号：2025-003 北京大北农科技集团股份有限公司 三、业绩变动原因说明 2024 年度公司经营业绩实现扭亏为盈，全年预计实现归属于上市公司股东 的净利润为 3 亿元-4 亿元，主要系报告期内生猪销售均价同比上升，生猪养殖成 本较去年同期明显下降；同时公司强化经营管理，提升运营效率，期间费用较去 年同期呈现下降趋势。 四、风险提示 1、公司本次业绩预告相关财务数据是公司财务部门初步测算的结果，未经 会计师事务所审计，最终数据将在公司 2024 年度报告中详细披露。 1 2、公司将严格依照有关法律法规的规定和要求，及时做好信息披露工作， 敬请投资者注意投资风险。 特此公告。 北京大北农科技集团股份有限公司董事会 | 项目 | 本报告期 | | | | | 上年同期 | | | | --- | --- | --- | ...

本次电话会议仅服务于国泰捐赠券正式签约客户会议音频及文字记录的内容仅供国泰捐赠券客户内部学习使用不得外发并且必须经国泰捐赠券研究所审核后方可留存国泰捐赠券未授权任何媒体转发此次电话会议相关内容未经允许和授权 各位投资人上午好今天我们非常荣幸的请到了大北农的三位领导来跟我们进行一些电话会议的交流那大北农的话也是我们重点在关注和推荐的这个标的公司在整个种类领域的布局非常领先那也是正值这个年底的时间我们看到在为了明年春冬的这个准备时间就是公司在这块也 好了吗现在非常清晰好的赵总那我这边就我们之前搜集的投资人相关的问题跟您请教一下然后我们在后半部分放开一到两个线上的投资提问的机会您看可以吗可以好的那就 然后呢开始做呢是10年的时候我们那个生物技术公司就成立了那到现在为止呢其实已经是从公司生物公司成立到现在已经十几年十四年的时间了然后呢就首先认识比较早第二个呢我对他这个 我们还是非常坚定的在持续的投入并且随着整个事情的转型的各种的变化公司也在动态的去跟着去配备不同阶段我们需要的团队以及去开展工作比方原来我们是在做一开始的开发对吧去做一些 所以我觉得首先是对这个事情的认识和战略上的一些安排比较早所以我们目前来说我们的先发 ...

证券时报e公司讯，大北农(002385)12月8日晚间公告，公司控股及参股公司生猪销售数量11月合计为 70.52万头，1—11月累计为563.37万头；销售收入11月合计为13.41亿元，1—11月累计为104.45亿元；公 司控股及参股公司商品肥猪当月销售均价为16.34元/公斤。 ...

Investment Rating - The report maintains a "Strongly Recommend" rating for the company, with a positive outlook on its future performance [2][4] Core Views - The company's pig farming business has shown significant profit realization, with a notable improvement in Q3 2024 [2] - The seed business is expected to grow steadily, with both traditional and biotech breeding sectors showing promising potential [2] - The company's feed business, although under pressure, has shown signs of recovery in Q3, with a 7-8% increase in pig feed sales [2] Financial Performance - In Q3 2024, the company reported revenue of 7.047 billion yuan, a year-on-year decrease of 14.73%, but net profit attributable to shareholders surged by 315.38% to 289 million yuan [2] - For the first three quarters of 2024, the company achieved a total revenue of 20.142 billion yuan, down 15.83% year-on-year, but net profit attributable to shareholders increased by 114.69% to 133 million yuan [2] - The company's pig farming segment generated a profit of 200-250 million yuan in the first three quarters of 2024, with a slight increase in piglet costs but overall cost improvements [2] Business Segments - **Feed Business**: The company sold 3.9 million tons of feed in the first three quarters of 2024, a 9.30% year-on-year decrease, with pig feed sales dropping by 10.29% to 3.05 million tons [2] - **Pig Farming**: The company's pig inventory exceeded 4 million heads by the end of September 2024, with a target of 6 million heads for the full year [2] - **Seed Business**: The company sold over 20 million kilograms of seeds in the first three quarters of 2024, a 50% year-on-year increase, with contract liabilities for seed business reaching nearly 1.4 billion yuan [2] Future Projections - The company is expected to achieve net profits of 368 million yuan, 828.78 million yuan, and 1.07476 billion yuan in 2024, 2025, and 2026, respectively [2] - Earnings per share (EPS) are projected to be 0.09 yuan, 0.18 yuan, and 0.24 yuan for 2024, 2025, and 2026, respectively [2] - The price-to-earnings (PE) ratio is forecasted to be 55, 27, and 21 times for 2024, 2025, and 2026, respectively [2] Market Data - The company's 52-week stock price range is between 3.75 yuan and 7.35 yuan, with a total market capitalization of 21.229 billion yuan [4] - The company's total shares outstanding are 432.372 million, with all shares being tradable A-shares [4]

特朗普上台后全球通胀预期抬升，今日国内部分农产品期货领涨、有望逐步走出底部区间，分析师看好 通胀预期下农业板块后续超额收益，部分优势公司还有望通过兼并重组弯道超车。 种植业（大北农、苏垦农发、北大荒）精要： ①特朗普当选美国总统后，全球通胀预期抬升，历史数据表明通胀环境下农业板块具备超额收益，今日 菜粕、棕榈油等农产品领涨期货市场； ②国泰君安证券林逸丹梳理种植产业链，发现三季度业绩受部分粮价低迷影响，但进口减少、需求逐步 回暖的趋势下，我国玉米、小麦等粮价有望触底回升，种植板块业绩有望改善； ③四季度种业同时迎来密集催化期，优势公司也有望通过兼并重组弯道超车，助力集中度提升； ④风险提示：农产品价格波动风险等。 通胀预期下，部分农产品期货今日领涨或走出底部，分析师看好农业板块后续超额收益，部分优势公司 还有望通过兼并重组弯道超车 特朗普当选美国总统后，全球通胀预期抬升。历史数据表明通胀环境下农业板块往往有超额收益。今日 期货市场，菜粕、棕榈油等农产品领涨。 华西证券周莎认为且国家出台了一系列刺激总需求措施，政策预期下推动通胀预期升温，且国际形势复 杂且充满不确定性，农业板块或将受益于避险属性，可关注养殖及种 ...

Company Performance - The company's recent cost for fattening pigs is approximately 14.7 yuan/kg, showing a significant decrease compared to last year but only a slight increase of 0.1 yuan/kg compared to July [1] - The increase in cost is mainly due to the purchase of external piglets, which slightly raised the cost for recently slaughtered pigs, along with a slight increase in breeding fees [1] - Other costs such as feed and veterinary vaccines have decreased, with veterinary vaccines showing a smaller decline [1] - Fixed period costs have decreased by about 0.3 yuan due to increased slaughter volume [1] Production and Health - The health condition of the pigs is good, with improvements in various production indicators [1] - Previous production indicators were affected by idle capacity and insufficient biosecurity conditions in some regions, but these are gradually improving [1] Future Cost Reduction - There is significant potential for future cost reduction as production conditions continue to improve [1]

证券代码：002385 证券简称：大北农 北京大北农科技集团股份有限公司 投资者关系活动记录表 编号： 2024-008 | --- | --- | --- | |----------------------------------|----------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | 特定对象调研 | 分析师会议 | | 投资者关系 | 媒体采访 | 业绩说明会 | | 活动类别 | 新闻发布会 | 路演活动 | | | 现场参观 | 其他 | | 参 与 单 位 名 称 及 ...

Investment Rating - The report maintains a "Buy" rating for the company, with a target price of 4.62 RMB [5] Core Views - The company achieved a turnaround in the first three quarters of 2024, with a net profit of 133 million RMB, a year-on-year increase of 114.69% [1] - The company's gross margin improved to 14.09%, up 4.68 percentage points year-on-year [1] - The company's pig breeding business showed strong performance in Q3 2024, with pig sales revenue reaching 3.18 billion RMB, a year-on-year increase of 34.7% [2] - The company's seed business is expected to become a new growth driver, with a projected increase in corn seed planting area of 15-20% in the 2024 planting season [3] Financial Performance - In Q3 2024, the company's revenue was 7.047 billion RMB, a year-on-year decrease of 14.73%, but a quarter-on-quarter increase of 10.33% [2] - The company's net profit in Q3 2024 was 289 million RMB, a year-on-year increase of 315.37% and a quarter-on-quarter increase of 440.31% [2] - The company's gross margin in Q3 2024 was 15.92%, up 5.07 percentage points year-on-year [2] - The company's contract liabilities increased by 730 million RMB in Q3 2024, reflecting strong seed pre-sales [3] Business Segments - Pig Breeding: The company's pig sales volume in Q3 2024 was 1.428 million heads, with a sales revenue of 3.18 billion RMB [2] - Feed: The company's feed sales volume in the first half of 2024 was 2.534 million tons, with a gross margin of 12.7% [2] - Seed: The company has obtained safety certificates for four genetically modified corn traits, with a licensing fee of 8-10 RMB per mu [3] Future Outlook - The company's revenue is expected to reach 33.082 billion RMB in 2024, 38.848 billion RMB in 2025, and 44.594 billion RMB in 2026 [3] - The company's net profit is expected to be 252.49 million RMB in 2024, 1.059 billion RMB in 2025, and 1.239 billion RMB in 2026 [3] - The company's genetically modified technology is leading, and the seed business is expected to become a new growth driver [3]

| --- | --- | --- | --- | |-------------------------------------------------------|-------|-------|-------| | | | | | | 北京大北农科技集团股份有限公司 | | | | | | | | | | 2024年第三季度报告 证券代码：002385 证券简称：大北农 | | | | | | | | | | | | | | | | | | | 北京大北农科技集团股份有限公司 2024 年第三季度报告 证券代码：002385 证券简称：大北农 公告编号：2024-115 北京大北农科技集团股份有限公司 2024 年第三季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大 遗漏，并承担个别和连带的法律责任。 2.公司负责人邵根伙先生、主管会计工作负责人姜晗女士及会计机构负责人（会计主管人员）张欣女士声明：保证季度报 告中财务信息的 ...

1 证券代码：002385 证券简称：大北农 公告编号：2024-112 北京大北农科技集团股份有限公司 2024年前三季度业绩预告 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。 一、本期业绩预计情况 1、业绩预告期间：2024 年 1 月 1 日-2024 年 9 月 30 日 2、业绩预告情况：扭亏为盈 | --- | --- | --- | |-----------------------|-----------------------------------------|-------------------------| | （ 1 ） 2024 \n项目 | 本报告期 | 上年同期 | | 归属于上市公 | 盈利： 12,000 万元– 16,000 万元 | | | 司股东的净利 润 | 比上年同期增长： 113.21%- 117.61% | 亏损： 90,839.57 万元 | | 扣除非经常性 | 盈利： 6,000 万元– 10,000 万元 | | | 损益后的净利 润 | 比上年同期增长： 106.74%-111.24% | 亏损： ...