On the evening of February 22, "Youmao" Yihai Kerry Arawana Holdings Co.Ltd(300999) released a performance express: the annual net profit in 2021 was 4.132 billion yuan, a year-on-year decrease of 31.1%.
After the news came out, 200000 shareholders were stunned: they thought that the performance did not meet expectations. It is worth noting that many products invested by 10 billion Private Forest Park entered the list of the top ten shareholders of Yihai Kerry Arawana Holdings Co.Ltd(300999) . If you have been buying and holding, Lin Yuan has been cut back after building a warehouse.
the annual net profit in 2021 was 4.132 billion yuan
decreased by 31.1% year-on-year
On February 22, Yihai Kerry Arawana Holdings Co.Ltd(300999) , the annual net profit in 2021 was 4.132 billion yuan, a year-on-year decrease of 31.1%.
It is worth noting that the net profit of Yihai Kerry Arawana Holdings Co.Ltd(300999) in the first three quarters was 3.681 billion yuan, which means that the net profit of Yihai Kerry Arawana Holdings Co.Ltd(300999) in the fourth quarter plunged to 451 million yuan.
In this regard, according to the announcement analysis, the total profit of the company decreased by 30.9% year-on-year, mainly due to the rising cost of raw materials and intensified competition.
(1) kitchen food
During the reporting period, due to the large increase in the cost of raw materials, the production and operation cost of the company was higher than that of the same period last year. although the company raised the selling price of some products, it did not fully cover the rise in raw material costs, and the profit decreased year-on-year. In addition, market competition intensifies and the factors of weak consumption have greatly affected the sales volume of medium and high-end retail products of the company; At the same time, with the effective control of the epidemic in China during the reporting period, the recovery of China's catering market and the gradual recovery of catering channels, the sales proportion of catering products with low gross profit margin in the product structure of the company's kitchen food increased.
The above factors led to the increase of sales and income of the company's kitchen food, but the profit decreased.
(2) feed raw materials and oil technology
During the reporting period, on the one hand, due to the rise of market conditions, the income and profit increased. Among them, the profit of oil technology business increased significantly, but the soybean procurement and crushing volume decreased compared with the same period last year, and the crushing profit decreased; On the other hand, the derivative financial instruments for hedging soybean related businesses have incurred some losses, which are caused by avoiding the risk of price fluctuation of raw materials in the process of normal production and operation of the company, and are required for normal operation.
The decline of net profit attributable to shareholders of listed companies after deducting non recurring profits and losses is higher than that attributable to shareholders of listed companies, mainly due to the decrease of non recurring losses generated by derivative financial instruments that do not fully meet the requirements of hedge accounting in the reporting period.
200000 investors were stunned: will they be beaten again?
After the news came out, investors believed that the profit of 4 billion could not support the market value of Yihai Kerry Arawana Holdings Co.Ltd(300999) 300 billion.
According to the data, the latest share price of Yihai Kerry Arawana Holdings Co.Ltd(300999) is 56.89 yuan, with a market value of 308.4 billion yuan and a price earnings ratio of 67 times. This is the result of a halving compared with a year ago: a year ago Yihai Kerry Arawana Holdings Co.Ltd(300999) soared to 145 yuan per share, which is called "Youmao" by the market.
After the cut, many investors entered the market to "copy the bottom". Now the performance is less than expected, and investors are worried that they will be beaten again at the opening.
According to the data, as of February 10, 2022, there were more than 200000 shareholders in the stock.
10 billion private forest park is also covered
has been increasing positions in the past year: the worst fear is that it will plummet by more than 50%
In the stock bar, many investors mentioned that they bought it with private placement boss Lin Yuan.
According to the data, by the end of the third quarter of 2021, four private products of 10 billion private forest park investment had entered the top ten circulating shareholders of Yihai Kerry Arawana Holdings Co.Ltd(300999) , holding about 4.46 million shares in total.
Linyuan first entered the list of the top ten circulating shareholders in the first quarter of 2021. At that time, Yihai Kerry Arawana Holdings Co.Ltd(300999) share price once exceeded the high of 145 yuan.
In the roadshow at the end of 2020, Linyuan made it clear that it was optimistic about some just needed industries, including grain, oil and food. "Compared with the global grain and oil industry, we are in the juvenile stage," he said
In 2021, at an Investment Summit, Lin Yuan again stressed that "people are nothing but food and drink. The accounts of enterprises related to mouth are easier to calculate. We still prefer such companies."
If you buy at the highest point, Linyuan is now down nearly 60%; However, even at the lowest point of buying in the first quarter of 2021, the decline was nearly 25%.
