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新赛股份: 新疆赛里木现代农业股份有限公司关于上海证券交易所对公司2024年年度报告信息披露监管问询函回复的公告
Zheng Quan Zhi Xing· 2025-07-21 11:42
Core Viewpoint - The company reported significant revenue growth in 2024 but faced substantial losses, primarily due to declining profit margins and increased costs associated with its main products, particularly cotton and cotton by-products [1][2][3]. Financial Performance - In 2024, the company achieved a revenue of 1.636 billion yuan, a year-on-year increase of 68.42%, while the operating profit reached 1.836 billion yuan, up 79.22%. However, the net profit attributable to shareholders was a loss of 243 million yuan, a staggering decline of 1,758.96% [1][2]. - The net cash flow from operating activities was -1.436 billion yuan, down 234.62% year-on-year, indicating a significant cash outflow despite revenue growth [1][2]. Product Performance - The company’s main products, including self-produced cotton and cottonseed, reported negative gross margins. For instance, self-produced cotton had a gross profit of -19.8 million yuan with a gross margin of -2.37% [1][3]. - Cottonseed sales increased significantly, with a total of 111,094.45 tons sold, but the gross profit was -35.2 million yuan, reflecting a gross margin of -15.09% [1][3]. Market Conditions - The cotton market faced oversupply in 2024, with total cotton production reaching 666.4 million tons, while consumption was only 770 million tons, leading to a supply-demand imbalance [2][3]. - The average market price for self-produced cotton decreased from 17,000 yuan/ton to 14,500 yuan/ton, a drop of 26% [9][10]. Sales Strategy - The company adopted a "fast in, fast out" sales strategy for cotton to mitigate risks associated with storage costs and declining prices. This strategy was influenced by the seasonal nature of cotton production and the need for cash flow to fund raw material purchases [2][3]. - The company expanded its cotton trading business, achieving a gross profit of 898,820 yuan with a gross margin of 3.03% in 2024, despite the overall losses in self-produced cotton [5][6]. Cost Analysis - The company faced increased costs in storage and interest expenses, with storage fees rising to 13.44 million yuan, an increase of 1.03 million yuan year-on-year [10]. - The interest expenses also increased due to a rise in interest-bearing liabilities, amounting to 61.5 million yuan, which negatively impacted net profit [10]. Customer and Sales Dynamics - The company reported significant changes in its customer base, with a focus on expanding relationships with import traders due to reduced import quotas for cotton [5][6]. - The sales volume for cotton trading increased significantly, with a total of 21,449.65 tons sold through online transactions, indicating a shift in sales strategy [6][7].
今夜,A股迎密集利好
Zheng Quan Shi Bao· 2025-07-13 13:50
Group 1: Annual Reports and Dividends - Gujinggong Liquor (000596) reported 2024 revenue of 23.578 billion yuan, up 16.41%, and net profit of 5.517 billion yuan, up 20.22%. The company plans to distribute a cash dividend of 50 yuan per 10 shares, totaling 2.643 billion yuan [2] - Luzhou Laojiao (000568) reported 2024 revenue of 31.196 billion yuan, up 3.19%, and net profit of 13.473 billion yuan, up 1.71%. The company plans to distribute a cash dividend of 45.92 yuan per 10 shares, totaling 6.759 billion yuan [2] - Gree Electric (000651) reported 2024 revenue of 189.164 billion yuan, down 7.26%, and net profit of 32.185 billion yuan, up 10.91%. The company plans to distribute a cash dividend of 20 yuan per 10 shares, totaling 11.17 billion yuan [3] Group 2: Q1 2025 Performance - Gujinggong Liquor reported Q1 2025 revenue of 9.146 billion yuan, up 10.38%, and net profit of 2.330 billion yuan, up 12.78% [2] - Gree Electric reported Q1 2025 revenue of 41.507 billion yuan, up 14.14%, and net profit of 5.904 billion yuan, up 26.29% [3] - National City Mining (000688) reported Q1 2025 revenue of 0.053 billion yuan, up 77.25%, and net profit of 0.0612 billion yuan, up 18279.65% [4] - Taiyuan Iron & Steel (000825) reported Q1 2025 revenue of 23.31 billion yuan, down 4.71%, and net profit of 0.0188 billion yuan, up 5506.92% [4] - Shenfang A (000029) reported Q1 2025 revenue of 0.033 billion yuan, up 457.38%, and net profit of 0.0724 billion yuan, up 3718.51% [4] - Qingda Environmental Protection (688501) reported Q1 2025 revenue of 0.0619 billion yuan, up 317.43%, and net profit of 0.0687 billion yuan, up 990.26% [4] - Tianbao Infrastructure (000965) reported Q1 2025 revenue of 0.0169 billion yuan, down 34.62%, and net profit of 0.01 billion yuan, up 737.29% [4] - Taihe Intelligent (603656) reported Q1 2025 revenue of 0.0105 billion yuan, up 10.19%, and net profit of 0.0002097 billion yuan, up 716.41% [5] - Meg Intelligent (002881) reported Q1 2025 revenue of 0.0997 billion yuan, up 73.57%, and net profit of 0.0463 billion yuan, up 616.02% [5] - Shengda Biological (603079) reported Q1 2025 revenue of 0.0203 billion yuan, up 9.95%, and net profit of 0.0217 billion yuan, up 469.35% [5] - Jincai Interconnection (002530) reported Q1 2025 revenue of 0.0206 billion yuan, down 33%, and net profit of 0.001364 billion yuan, up 466.95% [5] - XinSai Co. (600540) reported Q1 2025 revenue of 1.215 billion yuan, up 312.03%, and net profit of 0.01819 billion yuan, up 315.74% [6]