JONJEE(600872) 新浪财经·2025-04-14 08:33Group 1 - The company reported a revenue of 5.519 billion in 2024, a year-on-year increase of 7.39%, while the net profit attributable to shareholders was 893 million, a decline of 47.37% mainly due to the reversal of estimated liabilities from the industrial joint case [1] - The company proposed a dividend plan of 4.2 yuan per share (before tax), distributing a total cash dividend of 327 million, which accounts for 47.9% of the net profit attributable to shareholders for the year [1] - In Q4 2024, the company achieved a revenue of 1.573 billion, a year-on-year increase of 32.59%, but the net profit attributable to shareholders dropped by 89.33% [1] Group 2 - The profit forecast for 2025 has been slightly increased, while the forecasts for 2026 have been adjusted downwards, with new estimates for 2027, projecting net profits of 980 million, 1.06 billion, and 1.13 billion for 2025-2027, respectively [2] - The company’s new leadership is expected to bring positive changes, including organizational reforms to enhance operational capabilities and the implementation of equity incentives [2] - The company’s main seasoning business has a strong brand reputation and product strength, with expectations for future growth through continuous internal improvements and a combination of organic and external growth strategies [2] Group 3 - The company achieved a revenue of 5.075 billion in 2024, a year-on-year increase of 2.89%, with Q4 revenue expected to grow by over 10% due to early stocking for the Spring Festival [3] - Revenue by product category showed soy sauce at 2.982 billion, chicken essence and powder at 674 million, cooking oil at 567 million, and other foods at 631 million, with cooking oil seeing a significant revenue increase of 27.03% [3] - The company’s revenue from the eastern, southern, central-western, and northern regions was 1.185 billion, 2.160 billion, 1.008 billion, and 629 million, respectively, with varying year-on-year growth rates [3] Group 4 - The company’s seasoning gross margin improved to 37.32%, an increase of 5.13 percentage points year-on-year, driven by lower raw material costs and manufacturing expenses [4] - The gross margins for soy sauce, chicken essence and powder, cooking oil, and other products were 43.56%, 46.14%, 13.05%, and 20.18%, respectively, with significant improvements noted [4] - The company’s sales and management expense ratios were 9.14% and 6.92%, respectively, with sales expenses increasing due to channel reforms and marketing investments [4] Group 5 - New channel breakthroughs are expected to accelerate revenue growth for the company [5]