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立高食品(300973) - 2024 Q4 - 年度财报
300973Ligao Foods (300973)2025-04-28 08:30

Financial Performance - The company reported a significant increase in revenue, with a year-on-year growth of 15% in the last fiscal year[19]. - The company's operating revenue for 2024 reached ¥3,835,378,953.26, representing a 9.61% increase compared to ¥3,499,096,969.49 in 2023[24]. - Net profit attributable to shareholders surged by 266.94% to ¥267,967,762.81 in 2024 from ¥73,027,000.54 in 2023[24]. - The basic earnings per share increased by 269.83% to ¥1.5947 in 2024, compared to ¥0.4312 in 2023[24]. - Total revenue for the company reached CNY 3,826,213,444.81, representing a year-on-year increase of 9.55%[72]. - The gross profit margin for the main business was 31.4%, with a slight increase of 0.10% compared to the previous year[72]. - The company achieved a revenue of 3.835 billion yuan in 2024, representing a year-on-year growth of 9.61%[86]. - The net profit attributable to shareholders reached 268 million yuan, a significant increase of 266.94% year-on-year[87]. Market Expansion and Product Development - The company is focusing on expanding its market presence, particularly in the frozen baked goods segment, which has seen a 20% increase in demand[19]. - The company has invested in new product development, launching three new product lines that contributed to a 10% increase in overall sales[19]. - The company anticipates a revenue growth of 18% for the upcoming fiscal year, driven by new market strategies and product launches[19]. - The company plans to expand its market presence in the rapidly growing frozen baked goods sector, driven by improvements in cold chain technology[34]. - The company is actively developing new products, including ice cream cakes and mochi, to diversify its offerings and meet seasonal demand[63]. - The company has established a leading position in the frozen baked goods and baking ingredients industry, with a production capacity covering over 100 types of frozen baked products[36]. - The company has introduced advanced automated production lines for frozen baked goods from Switzerland and the Netherlands, establishing large production bases in Guangdong, Zhejiang, and Henan[37]. Research and Development - The company’s R&D expenditure increased by 25%, focusing on innovative food technologies and sustainable practices[19]. - The company has invested in R&D, establishing a research center in Japan to enhance product innovation and technology adoption[83]. - Research and development (R&D) investment for 2024 was 111,952,016.34 CNY, representing 2.92% of operating revenue, down from 4.22% in 2023[109]. - The number of R&D personnel increased by 1.56% to 391 in 2024, with a notable decrease of 23.44% in the number of bachelor's degree holders[109]. Operational Efficiency and Cost Management - The company has implemented risk management strategies to mitigate potential operational risks, ensuring stable business operations[6]. - The company employs a procurement strategy that locks in prices with suppliers for raw materials expected to rise, ensuring stable supply amidst commodity price fluctuations[57]. - The company has centralized procurement management to negotiate better pricing and reduce the impact of raw material price fluctuations[67]. - The company has implemented a strict temperature monitoring system for cold chain logistics to ensure product quality during storage and transportation[59]. - The company is committed to continuous improvement in its quality management practices to meet evolving industry standards[55]. Corporate Governance and Shareholder Relations - The company has maintained an independent operational structure, with no financial support provided to the controlling shareholder during the reporting period[156]. - The governance structure allows all shareholders, especially minority shareholders, to exercise their rights equally[155]. - The company has strengthened its information disclosure management, ensuring timely and accurate communication with investors[157]. - The company has established a market value management system to enhance its market value management practices and protect the rights of stakeholders[152]. Employee Management and Development - The company has established a comprehensive salary management system to attract and retain talent, with performance-based compensation linked to KPI results[187]. - The company emphasizes practical training and development through its "Lihigh Business School," focusing on real-world applications and skills enhancement[189]. - The total number of employees at the end of the reporting period was 3,881, with 219 in the parent company and 3,662 in major subsidiaries[186]. - The company has implemented a series of training programs for various management levels to enhance leadership capabilities[188]. Dividend Distribution - The company plans to distribute a cash dividend of 5 RMB per 10 shares (including tax) to all shareholders, with no bonus shares issued[7]. - The company plans to distribute a cash dividend of 2 yuan (including tax) for every 10 shares for the first three quarters of 2024, with the record date set for November 29, 2024[192]. - The company plans to distribute a cash dividend of 5 yuan per 10 shares (including tax), with a total cash dividend amounting to 83,319,197 yuan, which represents 100% of the total profit distribution[194].