Beijing Dabeinong Technology Group Co.Ltd(002385) Beijing Dabeinong Technology Group Co., Ltd
(19th floor, Beijing Centergate Technologies (Holding) Co.Ltd(000931) building, 27 Beijing Centergate Technologies (Holding) Co.Ltd(000931) street, Haidian District, Beijing)
Summary of annual report 2021
Stock Code: Beijing Dabeinong Technology Group Co.Ltd(002385) stock abbreviation: Beijing Dabeinong Technology Group Co.Ltd(002385)
April, 2002
Securities code: Beijing Dabeinong Technology Group Co.Ltd(002385) securities abbreviation: Beijing Dabeinong Technology Group Co.Ltd(002385) Announcement No.: 2022036 Beijing Dabeinong Technology Group Co.Ltd(002385) 2021 annual report summary I. important tips the summary of this annual report comes from the full text of the annual report. In order to fully understand the company's operating results, financial status and future development plan, investors should carefully read the full text of the annual report in the media designated by the CSRC. In addition to the following directors, other directors attended the meeting of the board of directors to consider the annual report in person
Name of director not present in person position of director not present in person reason for not attending the meeting name of the entrusted person
Tips on non-standard audit opinions □ applicable √ not applicable to the profit distribution plan of ordinary shares or the plan of converting accumulation fund into share capital in the reporting period considered by the board of directors □ applicable √ not applicable. The company plans not to distribute cash dividends, bonus shares or convert accumulation fund into share capital. Preferred stock profit distribution plan for the reporting period adopted by the board of directors □ applicable √ not applicable II. Basic information of the company 1. Company profile
Stock abbreviation Beijing Dabeinong Technology Group Co.Ltd(002385) stock code Beijing Dabeinong Technology Group Co.Ltd(002385)
Shenzhen Stock Exchange
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Song Weiping Lei Zeli
Office address: 1901A, 27 Beijing Centergate Technologies (Holding) Co.Ltd(000931) street, Haidian District, Beijing 1901A, 27 Beijing Centergate Technologies (Holding) Co.Ltd(000931) street, Haidian District, Beijing
Fax: 01082856430
Tel: 0108285645015652078320
E-mail [email protected]. [email protected].
2. Introduction to main business or products during the reporting period
With the mission of creating a world-class agricultural technology and service enterprise, the company has long-term layout of large agricultural industries, including feed technology industry, pig technology industry, crop technology industry, animal protection vaccine technology industry and Agricultural Internet industry. At present, the company's main business is pig breeding and service industry chain management, seed industry technology and service industry chain management. Among them, the operation of pig breeding and service industrial chain includes pig breeding, pig fattening, pig feed (pig feed, suckling pig feed, etc.), animal vaccine, drugs and technical services of products; The operation of seed industry science and technology and service industrial chain includes the scientific research and other businesses of corn seed industry, rice seed industry, plant pesticides and fertilizers, corn, soybean and other seed products with genetically modified biotechnology traits, as well as the technical services of products.
1. Main businesses of the company during the reporting period
During the reporting period, the company achieved an operating revenue of 31328078100 yuan, an increase of 37.32% over the same period of last year, an operating profit of -688868500 yuan, a decrease of 124.31% over the same period of last year, a total profit of -735787500 yuan, a decrease of 126.27% over the same period of last year, and a net profit attributable to shareholders of listed companies of -440341000 yuan, a decrease of 122.52% over the same period of last year. (1) Main business
The company's main business income mainly comes from feed technology industry and pig technology industry. In 2021, the proportion of feed business income in the main business income was 72.44%, and the proportion of pig breeding business in the main business income was 15.00%. The proportion of seed business income in the main business income is 1.79%, and the proportion of veterinary medicine and vaccine business income in the main business income is 1.12%.
During the reporting period, the company's feed sales revenue was 22694759 million yuan, a year-on-year increase of 36.83%. The sales volume of feed was 5.8959 million tons, with a year-on-year increase of 26.47%, including 4.5756 million tons of pig feed, with a year-on-year increase of 39.76%; 425100 tons of aquatic feed, a year-on-year decrease of 1.46%; 574500 tons of ruminant feed, with a year-on-year increase of 21.44%; 308400 tons of poultry feed, a year-on-year decrease of 34.97%. The sales volume to joint pig farms was 657100 tons, and the external sales volume excluding the sales volume to joint pig farms was 5238800 tons, with a year-on-year increase of 25.58%.
During the reporting period, the number of live pigs sold by the company's holding subsidiary was 2511500, with a year-on-year increase of 129.04%; The sales revenue of live pigs was 46988255 million yuan, a year-on-year increase of 23.61%. At the end of the reporting period, the company's holding subsidiary had 1377400 live pigs, a year-on-year increase of 7.16%, including 110500 basic sows, a year-on-year decrease of 23.98%.
During the reporting period, the company's seed business income accounted for 1.79% of the main business income, and the number of seed sales was 239384 million kg, a year-on-year increase of 25.98%; The sales revenue was 560624800 yuan, a year-on-year increase of 37.49%. The sales revenue of rice seeds was 3158623 million yuan, a year-on-year increase of 19.91%; The sales revenue of corn seeds was 228735300 yuan, a year-on-year increase of 75.25%. (2) Main performance influencing factors
During the reporting period, the company's operating revenue was 31.328 billion yuan, a year-on-year increase of 37.32%, and the net profit attributable to shareholders of listed companies was - 440 million yuan, compared with 1.956 billion yuan in the same period of last year, a year-on-year decrease of 122.52%. The main factors affecting the performance are:
During the reporting period, pig prices continued to fall, African swine fever and other epidemics continued to exist, and the gross profit margin of pig raising business decreased significantly.
At the end of the reporting period, the company made provision for asset impairment of pigs on hand, and the company suffered losses in pig raising business.
During the reporting period, the sales volume of the company's feed business increased by 26.47% year-on-year, and the sales revenue increased by 36.83% year-on-year. The company gave full play to its technical advantages and comprehensive service capacity, and the profit of feed business increased year-on-year.
During the reporting period, the company seized the opportunity of industry reform, attached importance to the construction of talent team, increased scientific and technological R & D and innovation services, increased investment in high-end R & D talents and technical service personnel, and the impact of restricted stock incentive fees. During the period, the expenses increased year-on-year.
The company shall comply with the disclosure requirements of Shenzhen stock exchange industry information disclosure guidelines No. 1 - listed companies engaged in livestock, poultry and aquaculture business
Business model of the company's breeding business:
At present, the company mainly has two pig raising modes: one is the "company + ecological farm mode". In the "company + ecological farm" mode, the company carries out division of labor and cooperation with ecological farmers in the breeding industry chain by means of entrusted breeding according to the allocation of various resources in the breeding industry chain. The company is responsible for providing pig house design, pig seedlings, feed, medicine, vaccine and whole process technical support and services; After the ecological farmers pay a certain deposit and pass the acceptance of the company, they receive pig seedlings, feed, drugs, vaccines and other materials from the company and feed them according to the company's standards. After reaching the listing age, the company will recycle the pigs for unified sales and pay a certain surrogate breeding fee. This model takes into account the scale, benefits and risks. By appropriately controlling the breeding scale of cooperative farmers, the company reasonably disperses the bearing pressure of resources and environment, optimizes the regional layout, realizes the harmonious development of breeding and ecology, drives local employment and promotes rural revitalization. The other is the "self breeding and self-supporting mode", which is the whole process self-supporting mode of pig breeding, feed production, seedling production, pig fattening and other links, so that all breeding links are under the strict control of the company, which has significant advantages in scale efficiency, production cost control and so on.
During the reporting period, the company paid close attention to biosafety prevention and control and basic management. The main work is as follows: first, the company paid close attention to biosafety prevention and control, and the effect of non plague prevention is good. Through cooperation with universities and scientific research institutes such as Harbin Veterinary Institute of Chinese Academy of Agricultural Sciences, the company has made a number of achievements in the prevention and control of African classical swine fever, which have been applied to production and achieved good results. Second, the production performance of breeding pigs recovered rapidly. On the premise of overall control of African swine fever, we should grasp the basic management work and restore the production performance of breeding pigs to the level before African swine fever. Third, strictly control the cost of pig breeding. With the company's strict production management, the production performance of pig farms has improved, the cost of piglets has decreased, the production performance of pigs has increased month by month, and the production cost of pigs has gradually returned to the normal level. 3. Main accounting data and financial indicators (1) whether the company needs to retroactively adjust or restate the accounting data of previous years in recent three years □ yes √ no
Unit: Yuan
At the end of 2019, it increased by 2021 over the end of last year
reduce
Total assets 26894815883442404174899806 11.87% 1890414924436
Net assets attributable to shareholders of listed companies 10737179620571101544446102 - 2.53% 1007199038844
20212020 year-on-year increase or decrease 2019
Operating income 31328078121442281386133261 37.32% 1657790176695
Net profit attributable to shareholders of listed company -44034098521195572285086 - 122.52% 51329162167
Deduction attributable to shareholders of listed companies is not -85667013808159320160770 - 153.77% 32854250550
Net profit of recurring profit and loss
Net cash flow from operating activities 114876957672185643573139 - 38.12% 178709782849
Basic earnings per share (yuan / share) -0.11 0.48 - 122.92% 0.12
Diluted earnings per share (yuan / share) -0.11 0.48 - 122.92% 0.12
Weighted average return on net assets -4.05%, 18.70% - 22.75%, 5.07%
(2) Quarterly main accounting data
Unit: Yuan
First quarter second quarter third quarter fourth quarter
Operating income 740192471739786614123580817343819935788657396890
Net profit attributable to shareholders of listed companies 3909337566710784254920 - 39136198156 - 547
