18 listed condiment companies have outstanding performance in 2020

As of June 15, except for Laohenghe Brewing, the 2020 annual reports of other listed condiment companies have basically been disclosed

revenue

Haitian exceeded 20 billion yuan, and Tianwei grew the fastest

In terms of revenue, the revenue of three companies exceeded the 10 billion mark, from high to low, Haitian Flavor Industry, Meihua Biology, and Fufeng Group

There are also 3 companies with revenue between 5 billion and 10 billion yuan, from high to low, Angel Yeast, Yihai International, and Zhongju High-tech

There are 4 companies with a revenue of less than 1 billion yuan.

In terms of revenue growth, compared with 2019, 12 companies maintained revenue growth, and 8 companies maintained double-digit revenue growth

Tianwei Food's revenue increased by 36.

The revenue of 6 companies declined, namely Jialong Co.

profit

Haitian is the highest, An Qi has the fastest growth

In terms of net profit, 18 listed condiment companies were all positive, and there was no loss

The net profit of the two companies exceeded the 1 billion yuan mark, namely Haitian Flavor and Angel Yeast

The net profit of most companies is between 100 million and 1 billion yuan

There are 4 companies with a net profit of less than 100 million yuan, from high to low, Richen Shares, Lotus Health, Anji Foods, and Jialong Shares

In terms of net profit growth, compared with 2019, the net profit of 11 companies increased, and the net profit of 8 companies achieved double-digit growth

Angel Yeast's net profit increased by 52.

The net profit of 7 companies declined, namely Jialong Co.

Industry overall revenue and net profit

achieve double-digit growth

In 2020, the revenue of 18 listed condiment companies totaled 95.

In 2020, many companies performed quite well

Among the 18 listed companies, 9 companies including Haitian Flavor, Zhongju High-tech, Qianhe Flavor, Jiajia Food, Fuling Mustard, Angel Yeast, Yihai International, Tianwei Food, and Zhongjing Food achieved revenue, Net profit doubled
.

Haitian Flavor Industry firmly occupies the "first" throne in terms of revenue and net profit; Zhongju High-tech's revenue in 2020 exceeded 5 billion yuan for the first time; Zhongjing Foods' net profit exceeded 100 million yuan for the first time; after deducting non-recurring gains and losses As a result, Lotus Health has turned losses into profits; Fuling mustard mustard revenue and net profit both hit new highs, especially the net profit of 777 million yuan.
If it is averaged to every day, Fuling mustard must earn about 2.
13 million yuan per day
.

　　However, 4 companies experienced a double drop in revenue and net profit, namely Jialong Co.
, Ltd.
, Richen Co.
, Ltd.
, Xuetian Salt Industry, and Suyanjingshen
.

　　(Eva)

   "China Food News" (Version 04, June 24, 2021)

(Editor-in-charge: Zhou Yan)