Namchow Food(SH:605339) Cai Jing Wang·2026-01-21 08:26Core Viewpoint - The company expects a significant decline in net profit for 2025, projecting a decrease of 78.39% to 81.99% compared to the previous year, primarily due to rising raw material costs and a decrease in the proportion of high-margin products [1] Group 1: Financial Performance - The projected net profit for 2025 is estimated to be between 36.26 million to 43.52 million yuan [1] - The decline in profit is attributed to increased prices of key raw materials, leading to higher production costs and a decrease in overall gross and net profit margins [1] Group 2: Raw Material Costs - Key raw materials include palm oil, soybean oil, coconut oil, and natural cream, all of which have seen significant price increases [1] - Palm oil prices have shown notable fluctuations, while coconut oil prices have reached historical highs, contributing to cost pressures [1] Group 3: Competitive Landscape - The company faces intensified industry competition, which has resulted in product price increases lagging behind raw material cost hikes, further pressuring profit levels [1] Group 4: Strategic Initiatives - The company plans to monitor raw material price trends and adjust procurement strategies dynamically to mitigate cost impacts [2] - Efforts will be made to enhance operational efficiency through process optimization, automation, and supply chain management [2] - The company aims to drive revenue growth through a dual approach of market expansion and product innovation, focusing on retail and emerging channels [2] - Product offerings will be diversified to meet various market demands, with an emphasis on upgrading to clean label and high-end products [2]