Securities code: 002746 securities abbreviation: Shandong Xiantan Co.Ltd(002746) Announcement No.: 2022-003 Shandong Xiantan Co.Ltd(002746)
2021 annual performance forecast
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: January 1, 2021 to December 31, 2021
2. Expected performance: □ turn loss into profit □ increase in the same direction √ decrease in the same direction
The current reporting period of the project is the same period of last year
Profit attributable to listed companies: 70 million yuan – 100 million yuan
Profit: 352.5631 million yuan, net profit of shareholders decreased by 80.15% – 71.64% over the same period of last year
Profit after deducting non recurring losses: – 54 million yuan – – 24 million yuan
Profit: net profit after profit of 258926600 yuan
Decrease over the same period last year: 120.86% – 109.27%
Basic earnings per share: 0.08 yuan / share – 0.12 yuan / share earnings: 0.41 yuan / share
2、 Communication with accounting firms
This performance forecast has not been pre audited by an accounting firm. The company has made pre communication with the accounting firm on the performance forecast, and there is no difference between the company and the accounting firm on the financial data related to the performance forecast.
3、 Explanation of performance change reasons
1. During the reporting period, China’s white feather broiler industry was affected by the negative situation of “diffusion globalization and persistence” of covid-19 epidemic, as well as the superposition of various factors such as the continuous decline of pig prices, resulting in the high opening and low going of the whole industry, shock and decline, and the prosperity of the industry decreased year-on-year.
2. The newly-built project of Shandong xiantanqing Food Co., Ltd. began trial operation in November 2021, and the trial operation cost is high; The newly-built slaughterhouse project of Shandong Xiantan Zhucheng Food Co., Ltd. was put into operation in April 2021. Due to the construction of the project, the supporting feed plant and farm project failed to reach the capacity required by the slaughterhouse, coupled with equipment commissioning and other factors, Zhucheng slaughterhouse did not reach full capacity in 2021, Therefore, the fixed cost of amortization of single ton chicken products is high, which directly affects the company’s operating profit in 2021. The commissioning of Zhucheng feed plant project will be completed in January 2022 and will be officially put into operation in February. In 2022, with the completion and operation of supporting feed plants and farms, the capacity of Zhucheng slaughterhouse will be released. Therefore, the amortization cost of single ton chicken products will be reduced, which will have a positive impact on the company’s operating profit in 2022.
3. Affected by the rising prices of bulk raw materials such as corn and soybean meal, the production cost of the company increased during the reporting period.
Affected by the above factors, the company’s chicken product sales price decreased compared with the same period last year, and the production cost increased year-on-year, so the company’s profit also decreased.
4、 Risk tips and other relevant instructions
This performance forecast is the result of the preliminary estimation of the company’s financial department, and the specific financial data will be disclosed in detail in the 2021 annual report. Remind investors to make prudent decisions and pay attention to investment risks.
The information disclosure media designated by the company are China Securities News, securities times, Shanghai Securities News, securities daily and http://www.cn.info.com.cn, Please pay attention to the information publicly disclosed by the company in the above media.
It is hereby announced.
Shandong Xiantan Co.Ltd(002746) board of directors
January 29, 2022
