上海宝立食品科技股份有限公司2025年第一季度报告

Core Viewpoint - The annual report of Shanghai Baoli Food Technology Co., Ltd. for 2024 highlights the company's financial performance, including a net profit of RMB 233.24 million, and outlines its profit distribution plan, which proposes a cash dividend of RMB 2.50 per 10 shares [4][21]. Company Overview - Shanghai Baoli Food operates in the manufacturing sector, specifically in the food manufacturing industry, focusing on the production of condiments and fermented products [6]. - The company specializes in the research, development, production, and technical services of food seasonings, offering high-quality solutions to restaurants, food industry enterprises, and home consumers [12][13]. Industry Situation - The condiment industry plays a crucial role in the food sector, with a market size of RMB 479.3 billion in 2023, growing at a CAGR of 5.3% from 2018 to 2023 [8]. - The compound seasoning market in China has seen significant growth, with its size increasing from RMB 74.2 billion in 2018 to RMB 117.4 billion in 2023, reflecting a CAGR of 9.6% [9]. Financial Performance - For the reporting period, the company achieved operating revenue of RMB 2.65 billion, an increase of 11.91% year-on-year, while net profit decreased by 14.10% to RMB 267.36 million [21]. - The total assets of the company reached RMB 2.14 billion, marking a growth of 12.65% compared to the beginning of the year [21]. Profit Distribution Plan - The company plans to distribute a total cash dividend of RMB 100 million to shareholders, which represents 68.60% of the net profit attributable to shareholders for the year [4][33].