SHUNXIN AGRICULTURE(000860)2025-04-28 10:39Financial Performance - In 2024, the company achieved a total revenue of 9.126 billion CNY, a year-on-year decrease of 13.85% [2] - The net profit attributable to shareholders was 231 million CNY, marking a turnaround with a change of 178.20% [2] - The revenue contributions from the liquor and pork segments were 77.15% and 20.73%, respectively [2] Liquor Business Insights - The liquor segment generated revenue of 7.041 billion CNY in 2024, reflecting a year-on-year growth of 3.19% [3] - The sales volume reached 369,400 kiloliters, with a production volume of 378,800 kiloliters, both showing year-on-year increases [3] - The company plans to enhance its marketing strategies and product structure to ensure stable sales and transition towards high-quality development [3] Pork Business Insights - The pork segment reported revenue of 1.891 billion CNY, a significant decline of 27.21% year-on-year [3] - Revenue from slaughtering and breeding businesses was 1.689 billion CNY and 202 million CNY, respectively [3] - The company is adjusting production rhythms and focusing on deep processing to improve profitability in the pork segment [3] Market Strategy and Challenges - The company is facing challenges with stock price declines, attributed to various factors including market conditions and investor sentiment [3] - There is a focus on enhancing brand influence and optimizing operational strategies to improve market competitiveness [5] - The company aims to leverage its brand advantages and national marketing network to drive product upgrades and sales growth [5] Future Plans - The company is committed to the construction of the Shunyi District National Modern Agricultural Industrial Park, with plans for production to commence within the year [7] - Future strategies include enhancing the "Pengcheng" brand's market presence and expanding the product matrix for the "Jinbiao" series [8] - The company plans to innovate its product offerings and marketing approaches to cater to evolving consumer preferences, particularly in the mid-to-high-end liquor market [10]