Securities code: 002852 securities abbreviation: Daodaoquan Grain And Oil Co.Ltd(002852) Announcement No.: 2022 – [001] Daodaoquan Grain And Oil Co.Ltd(002852)
2021 annual performance forecast announcement
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Expected performance of the current period
1. Performance forecast period: from January 1, 2021 to December 31, 2021.
2. Performance forecast: □ loss \uf0a3 turning loss into profit \uf0a3 rising in the same direction \uf0a3 falling in the same direction
3. Data type of performance forecast: interval number
The current reporting period of the project is the same period of last year
Loss attributable to shareholders of listed companies: – 190 million yuan to – 155 million yuan
Net profit loss of: – 76.4991 million yuan, down 148.37% to 102.62% over the same period last year
Loss after deducting non recurring profit and loss: – 142 million yuan to – 107 million yuan
Net profit: 79.5634 million yuan, down 278.47% to 234.48% over the same period last year
Loss of basic earnings per share: – 0.68 yuan to -0.55 yuan, loss: – 0.28 yuan
The operating income ranges from 540 million yuan to 550 million yuan and 5287.3205 million yuan
After deduction, the operating income ranges from 540 million yuan to 550 million yuan and 5287.3205 million yuan
2、 Communication with accounting firms
The expected performance this time has not been audited by the audit institution.
The company’s employment performance forecast has been pre communicated with the accounting firm, and there are no major differences between the two sides.
3、 Explanation of performance change reasons
1. During the reporting period, on the one hand, the prices of raw materials required by the company, such as rapeseed, crude oil and soybeans, remained high throughout the year and rose rapidly again from the fourth quarter. Although the company has raised the product sales price, due to the lag of price adjustment and the influence of adjustment range, the gross profit margin of the company decreased significantly during the reporting period; On the other hand, due to relatively weak consumer demand and terminal destocking in the first half of the year, the sales volume of the company’s packaging oil products decreased compared with the same period of the previous year.
2. During the reporting period, the company used derivative financial instruments to hedge the fluctuation risk of raw material purchase price and spot value, resulting in certain profits and losses. According to the accounting standards for Business Enterprises No. 24 – hedge accounting, part of the profit and loss is included in operating income or operating cost, and part is included in investment income. The above profits and losses are caused by avoiding risks in the process of normal production and operation of the company and are required for normal operation.
3. During the reporting period, the company made provision for inventory depreciation and estimated liabilities for loss contracts in accordance with the relevant provisions and requirements of the accounting standards for business enterprises (the final data shall be subject to the audit report). At the same time, the company increased debt financing during the reporting period, and the financial expenses increased compared with the same period of last year.
To sum up, the net profit attributable to the shareholders of the listed company is expected to decrease by 148.37% to 102.62% in 2021 compared with the same period of the previous year.
4、 Other relevant instructions
This performance forecast for 2021 is the result of the preliminary calculation of the company’s financial department. The specific financial data shall be subject to the 2021 annual report disclosed by the company. The information disclosure media designated by the company are securities daily, China Securities News, securities times, Shanghai Securities News and http://www.cn.info.com.cn, Please make careful decisions and pay attention to investment risks.
It is hereby announced.
Daodaoquan Grain And Oil Co.Ltd(002852) board of directors
January 29, 2022
