Yantang Dairy(SZ:002732) Xin Lang Cai Jing·2025-10-30 15:47Core Viewpoint - Yantang Dairy, established in 2002 and listed in 2014, is one of the largest dairy producers in South China, focusing on the low-temperature milk market with a "fresh strategy" as its competitive advantage [1] Group 1: Business Performance - In Q3 2025, Yantang Dairy achieved a revenue of 1.179 billion yuan, ranking 11th among 19 companies in the industry, with the industry leader, Yili, generating 90.341 billion yuan [2] - The company's net profit for the same period was 53.7292 million yuan, placing it 9th in the industry, while Yili's net profit was 10.42 billion yuan [2] - The main business composition includes lactic acid bacteria beverages at 324 million yuan (42.34%), liquid milk at 281 million yuan (36.71%), flavored milk at 152 million yuan (19.86%), and others at 8.352 million yuan (1.09%) [2] Group 2: Financial Ratios - As of Q3 2025, Yantang Dairy's debt-to-asset ratio was 23.55%, lower than the industry average of 41.11% [3] - The gross profit margin for the same period was 25.32%, higher than the industry average of 24.79% [3] Group 3: Executive Compensation - The chairman and general manager, Feng Like, received a salary of 1.3879 million yuan in 2024, an increase of 611,200 yuan from 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 5.79% to 17,000, while the average number of circulating A-shares held per shareholder increased by 6.15% to 9,196.62 [5]