Zoneco Group Co.Ltd(002069) (002069) the performance forecast for 2021 was released on the evening of January 20. The company expects to achieve a net profit of 6-9 million yuan in 2021, a decrease of 59.59% – 39.39% over the same period of last year, and a profit of 14.8495 million yuan in the same period of last year; The net profit deduction was RMB 80 million to RMB 120 million, an increase of 44.41% – 16.61% over the same period of last year, and a loss of RMB 144 million over the same period of last year.
It is worth mentioning that Zoneco Group Co.Ltd(002069) it is estimated that an impairment provision of 28.7044 million yuan will be made for the inventory of bottom seeded shrimps and scallops with a cost of 73.3924 million yuan in 195845 Mu sea area where seedlings will be put into operation in 2020.
annual performance forecast profit of 6-9 million yuan
As for the reasons for the change of performance, Zoneco Group Co.Ltd(002069) said that due to the great impact of covid-19 epidemic and international trade situation on the company’s import and export business, the input-output capacity of marine ranch has not been fully restored, the continuous appreciation of RMB has led to the exchange loss of foreign currency assets, the settlement and compensation of shareholders’ litigation cases and the corresponding expenses of estimated liabilities, and some assets have been impaired, Dragged down the company’s overall performance. During the reporting period, the company sold the relevant assets of Changdao company and Zhuanghe branch, received government subsidies and other non recurring profit and loss items, and the company’s annual profit is expected to be 6-9 million yuan. It is expected that the net assets attributable to the shareholders of the listed company will be positive at the end of the year.
On November 11, 2019, Zoneco Group Co.Ltd(002069) announced that the sampling test of shrimp and scallop at the end of autumn 2019 was started on November 7, 2019. The sampling test is expected to end before mid November 2019. Based on the sampling survey of bottom seeded scallops collected from the site on November 8 and 9, 2019, a large proportion of bottom seeded scallops have died in the near future, of which the proportion of dead shells in some sea areas accounts for more than 80%.
After that, Zoneco Group Co.Ltd(002069) proposed to further close the marine risk exposure, reduce the scale of aquaculture sea area, reduce the cost of sea area use fund, focus on the advantageous projects with good profit foundation, speed up the slimming plan, timely close the non main investment projects with poor profitability, greatly reduce expenses and improve the company’s operating efficiency and sustainable operation ability.
on January 3, 2020, Zoneco Group Co.Ltd(002069) announced that it was planned to transfer the lease right and submarine inventory for the use of four sea areas located in Guanglu Island, Changhai County. The transaction price of the asset transfer was determined by full negotiation and negotiation between the two parties based on the assessed value, with a total price of 101 million yuan.
Later, Zoneco Group Co.Ltd(002069) announced in April 1st that it intends to transfer the 75% share of the central refrigerated share to the general cold company. The transaction price of the share transfer is tentatively set at 137 million yuan, which is adjusted after the amount of the compensation period is determined.
After this operation, Zoneco Group Co.Ltd(002069) successfully turned losses into profits in 2020.
After entering 2021, Zoneco Group Co.Ltd(002069) is still slimming down. For example, Zoneco Group Co.Ltd(002069) announced on the evening of December 3, 2021 that the board of directors of the company agreed to sell the relevant assets of Zoneco Group Co.Ltd(002069) Zhuanghe branch to Dalian Changying marine ranch Co., Ltd. the transaction price of this asset sale is based on the assessed value and determined through full negotiation and negotiation between the two parties, with a total price of 95 million yuan.
After preliminary calculation, it is estimated that Zoneco Group Co.Ltd(002069) can recover 95 million yuan of working capital and increase the net profit by about 70 million yuan. In addition, Zoneco Group Co.Ltd(002069) announced on January 4 that the company recently received a document issued by the people’s Government of Zoneco Group Co.Ltd(002069) Town, Changhai County, giving the company a subsidy of 50 million yuan for the shutdown of cold chain industry affected by Dalian covid-19 pneumonia epidemic. The subsidy is in cash. As of the announcement date, the company has received the above subsidy funds.
at the end of 2020, the impairment of shrimps and scallops was 28.7044 million yuan
On the evening of January 20, Zoneco Group Co.Ltd(002069) also announced simultaneously that the company had checked and analyzed the accounts receivable, inventory, long-term equity investment, fixed assets, intangible assets, goodwill and other assets at the end of 2021, and accrued impairment reserves for relevant assets that may have asset impairment losses. It is preliminarily estimated that a total of 36.7443 million yuan of impairment reserves will be withdrawn in 2021.
It is reported that Zoneco Group Co.Ltd(002069) has conducted an impairment test on various inventories. According to the test results, it is estimated that 33.6117 million yuan of inventory falling price reserves will be accrued in 2021, including 1.5574 million yuan of raw materials, 3.3499 million yuan of inventory goods and 28.7044 million yuan of consumable biological assets.
it should be pointed out that the consumable biological assets mentioned here are the bottom seeded shrimp and scallops that make Zoneco Group Co.Ltd(002069) “famous”.
According to the introduction of Zoneco Group Co.Ltd(002069) , according to the needs of the annual audit, the national marine environment monitoring center, the annual audit accounting firm and the company jointly conducted a resource survey on the bottom seeded shrimps and scallops in the Zoneco Group Co.Ltd(002069) area. Zoneco Group Co.Ltd(002069) according to the preliminary on-site data of resource investigation and the relevant financial data such as the book cost of bottom seeded shrimp and scallop at the end of 2021, and in accordance with the relevant provisions of the accounting standards for business enterprises, the net realizable value and impairment provision of bottom seeded shrimp and scallop in each year currently under cultivation are measured. It is estimated that the provision for inventory falling price shall be made for the bottom seeded shrimp and scallop in 2020, and the provision for inventory falling price shall not be made for the bottom seeded shrimp and scallop in 2019.
this time, Zoneco Group Co.Ltd(002069) it is estimated that 28.7044 million yuan of impairment provision will be made for the inventory of bottom sowing shrimp and scallop with a cost of 73.3924 million yuan in 195845 Mu sea area where seedlings will be put into operation in 2020.
recent stock price performance attracted attention
in the secondary market, the recent performance of Zoneco Group Co.Ltd(002069) is also quite eye-catching. In the three trading days from January 14 to January 18, the stock showed a three-day two-day limit trend.
On January 13, Zoneco Group Co.Ltd(002069) said on the interactive platform that in recent years, the company has been committed to promoting the upgrading of food materials to food, and has developed and launched ” Zoneco Group Co.Ltd(002069) flavor” marine food around Zoneco Group Co.Ltd(002069) core marine resources. The company’s products include fresh sea treasures, frozen and fresh prepared food (frozen ingredients such as fish shellfish, shrimp, crab and clam and prefabricated dishes), nutritional food (ginseng abalone caviar, etc.), leisure food (Marine snacks such as shellfish and shrimp).
Among them, prefabricated vegetable products with the characteristics of ready to eat, ready to cook, ready to heat and ready to match have been listed successively, such as minced garlic vermicelli, powdered fish chops, fresh + scallops, black pepper salmon, Longjin Buddha jumping over the wall and other products.
affected by this news, Zoneco Group Co.Ltd(002069) took advantage of the east wind of the “concept of prefabricated dishes” to close the first daily limit in the near future.
On January 17, a “duanzishou” posted on the Internet that a large number of The Pacific Securities Co.Ltd(601099) scallops will cross the sea to Zoneco Group Co.Ltd(002069) waters to avoid danger due to the eruption of Tonga volcano. Scallops that once “ran away” are likely to “bring their families” back.
Surprisingly, this ridiculed news made Zoneco Group Co.Ltd(002069) harvest the daily limit again on January 18. So far, the stock has shown a 3-day 2 trading trend.
On the evening of January 18, Zoneco Group Co.Ltd(002069) announced the abnormal fluctuation of stock trading. At present, the company’s contribution to the income of prefabricated vegetables is less than 5%, and some products are still in the stage of market development. In addition, the company is concerned about the recent media report that “Tonga volcanic eruption and tsunami led to the influx of The Pacific Securities Co.Ltd(601099) scallops into Zoneco Group Co.Ltd(002069) and the related rumors. The above reports and rumors are seriously untrue. The management of the company did not accept any interview and reply to the above problems, and the company reserves the right to protect its own rights and interests through legal channels. The company has explained it in the interactive exchange of Shenzhen Stock Exchange.
On January 19 and January 20, Zoneco Group Co.Ltd(002069) fell sharply for two consecutive trading days, with a decline of more than 7%. As of the closing on January 20, Zoneco Group Co.Ltd(002069) was reported at 3.67 yuan, down 0.28 yuan or 7.09%.
