Securities code: 002661 securities abbreviation: Chen Ke Ming Food Manufacturing Co.Ltd(002661) Announcement No.: 2022-003 Chen Ke Ming Food Manufacturing Co.Ltd(002661)
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: from January 1, 2021 to December 31, 2021
2. Expected operating performance: □ loss □ turning loss into profit □ rising in the same direction √ falling in the same direction
The current reporting period of the project is the same period of last year
Profit attributable to listed companies: 66 million yuan to 78 million yuan
Net profit of shareholders: 292.7562 million yuan
Year on year decrease: 77.46% to 73.36%
Profit after deducting non recurring losses: 20 million yuan to 30 million yuan
Net profit after profit: 262432200 yuan
Year on year decrease: 92.38% to 88.57%
Basic earnings per share: 0.200 yuan / share to 0.236 yuan / share; earnings per share: 0.909 yuan / share
2、 Performance forecast and pre audit
The relevant data of this performance forecast has not been audited by an accounting firm.
3、 Explanation of performance change reasons
1. The structure of products sold in the current period is quite different from that in the previous period, resulting in a year-on-year decrease in the gross profit margin in the current period.
(1) In 2020, affected by the epidemic, the market demand increased significantly, and the sales volume of the company's high gross profit products accounted for a high proportion. Since 2021, the new noodle production capacity stimulated by the demand of food enterprises in 2020 has been put into operation successively. When the market production capacity is more saturated, the low price competition is more intense. In order to maintain market share, the company timely adjusted the product structure, reduced the sales volume of high gross profit products and increased the proportion of sales volume of high cost-effective products, resulting in a year-on-year decrease in the gross profit margin of the current period.
(2) After the launch of the new flour production capacity, the flour production capacity exceeded the demand for self supplied flour, and the sales volume of exported flour and by-products increased significantly compared with the previous period, resulting in the reduction of the overall gross profit margin of the company.
2. Affected by the price rise of raw material wheat in the third and fourth quarters, the production cost of the company's products increased, resulting in the reduction of the company's overall gross profit margin.
3. The management expenses in the current period increased year-on-year.
(1) In this period, in order to optimize the production capacity layout and transfer the output to the production base with cost advantage, the management expenses increased.
(2) The company implemented the employee stock ownership plan in 2020, and the amount of equity incentive expenses confirmed in this period is large, resulting in an increase in management expenses.
4. The income of convenience food business will continue to grow on the basis of the high base in 2020.
5. After deducting the impact of equity incentive expenses on the performance in the second half of the year, the performance of the company in the second half of the year was significantly improved compared with that in the first half of the year, mainly because the company adjusted the product structure in the second half of the year, and the proportion of high gross profit products was significantly higher than that in the first half of the year.
4、 Other instructions
This performance forecast is the result of the preliminary calculation of the company's financial department, and the specific financial data will be disclosed in detail in the company's 2021 annual report. Please make careful decisions and pay attention to investment risks.
It is hereby announced.
Chen Ke Ming Food Manufacturing Co.Ltd(002661) board of directors January 29, 2022
