京基智农(000048) - 京基智农调研活动信息

Group 1: Financial Performance - In 2023, the company achieved a sales revenue of 12.417 billion CNY, representing a year-on-year growth of 107.10% [3] - The net profit attributable to shareholders was 1.746 billion CNY, with a year-on-year increase of approximately 125.89% [3] - The real estate segment saw a significant increase in sales revenue to 8.582 billion CNY, up 216.98% year-on-year, contributing a net profit of 2.322 billion CNY [3] Group 2: Business Segments - The company sold 1.845 million pigs in 2023, generating sales revenue of 2.8 billion CNY, but incurred a loss of 560 million CNY in the pig farming business due to low prices [3] - The feed business reported sales revenue of 923 million CNY, reflecting a year-on-year growth of 4.16% [3] - The poultry farming segment generated sales revenue of 65 million CNY [3] Group 3: Financial Health - As of the end of 2023, the company's debt-to-asset ratio was 68%, a significant decrease from 85% in the previous year, indicating improved solvency [3] - The company had cash reserves of approximately 1.1 billion CNY at the end of 2023 [4] Group 4: Cost Management - The average production cost for fattening pigs in January and February 2024 was 14.50 CNY/kg, down from approximately 16 CNY/kg in 2023 [4] - The company aims to further reduce costs through refined management and optimized feeding strategies [4] Group 5: Disease Control - The company has established a comprehensive biosecurity system to mitigate disease risks, with three of its projects recognized as disease-free zones by the Ministry of Agriculture [4]