On February 25, Guangdong Haid Group Co.Limited(002311) released the annual performance express of 2021, realizing an operating revenue of 86.740 billion yuan, a year-on-year increase of 43.79%; The net profit was 1.601 billion yuan, a year-on-year decrease of 36.54%.
On the performance and financial situation, Guangdong Haid Group Co.Limited(002311) said that in 2021, residents’ and catering consumption were depressed, the prices of pork and poultry were all the way down, the prices of bulk Shenzhen Agricultural Products Group Co.Ltd(000061) such as corn and soybean meal continued to be adjusted at a high level, the cost of feed and breeding was high, and both ends of the feed and breeding industry were under pressure. In this context, Guangdong Haid Group Co.Limited(002311) continues to increase the investment in the research of raw material market and the research and development of feed formula technology, and increase the investment in seedlings, animal protection and the layout and construction of breeding service stations. In 2021, excluding the internal breeding consumption of 860000 tons, Guangdong Haid Group Co.Limited(002311) the annual feed external sales volume was about 18.77 million tons, a year-on-year increase of 28%.
In terms of breeding, in 2021, Guangdong Haid Group Co.Limited(002311) pigs were sold for about 2 million, including about 1.3 million purchased piglets. Guangdong Haid Group Co.Limited(002311) said that due to the high price of purchased piglets at the beginning of the year, the marketing price of fat pigs was low and the loss was large in the second half of the year. The operating loss of pig breeding in the whole year was between 900 million yuan and 1 billion yuan, which had a great impact on the overall operating performance.
In addition, the annual staff costs and capital costs increased rapidly, which also had a certain impact on the operating performance of Guangdong Haid Group Co.Limited(002311) . Guangdong Haid Group Co.Limited(002311) said that in order to achieve the sales target of 40 million tons in 2025, more than 7000 employees were added throughout the year, with a year-on-year increase of 28%, and the related expenses such as employee compensation increased by more than 40% year-on-year. In addition, due to the expansion of scale, the increase of loan amount and the rise of loan interest rate in China, the financial cost of Guangdong Haid Group Co.Limited(002311) increased by about 70%.
