Yanjing Brewery(000729) 搜狐财经·2025-04-23 21:23Core Viewpoint - Yanjing Beer has reported record high revenue and net profit for 2024, demonstrating strong growth, resilience, and potential in a challenging beer industry environment, positioning itself as a benchmark for growth amid market competition [1]. Financial Performance - In 2024, Yanjing Beer achieved operating revenue of 14.67 billion yuan, a year-on-year increase of 3.20% [4]. - Operating profit reached 1.61 billion yuan, up 56.96% year-on-year [4]. - Total profit amounted to 1.57 billion yuan, reflecting a 51.26% increase [4]. - The net profit attributable to shareholders was 1.06 billion yuan, marking a 63.74% rise, while the net profit after deducting non-recurring gains and losses was 1.04 billion yuan, up 108.03% [4]. Product and Market Development - Yanjing Beer is focusing on a "premiumization and youth-oriented" strategy, developing a multi-tiered product matrix and rapidly launching new products to align with consumer trends [6]. - The company has upgraded its sales channels and achieved a beer sales volume of 4.00 million kiloliters, a 1.57% increase year-on-year, with Yanjing U8 sales reaching 696,000 kiloliters, up 31.40% [9]. Management and Operational Efficiency - Yanjing Beer has integrated ESG principles into its core strategy, establishing a "green brewing-responsible supply chain-value co-creation" system to promote sustainable and high-quality development [11]. - The company has enhanced its production management structure and implemented advanced tools to improve quality control and cost efficiency [11]. - In supply chain management, Yanjing Beer has digitized its logistics and procurement processes, enhancing overall supply chain management capabilities [13]. Future Outlook - Yanjing Beer aims to maintain strategic focus and confidence in development, preparing for a strong finish to the 14th Five-Year Plan and a solid start to the 15th Five-Year Plan, ensuring sustainable high-quality growth [15].