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On the evening of March 24, Aonong Bio-Bio released its 2020 annual report, which is also the first annual performance report of the animal husbandry industry and ushered in a good start.
The current business of Aonong Biotechnology is with feed and live pigs as the core, veterinary drug animal protection, raw material trading and agricultural Internet as supporting businesses.
1.
Feed business is still the core business that accounts for more than half of Aonong Bio's revenue.
tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
Before the African swine fever, Aonong's pig feed accounted for more than 90%.
2.
In 2020, Aonong Biotechnology realized income from pig farming of RMB 3,139,091,800, an increase of 255.
Affected by the continued high price of live pigs in 2020, the gross profit margin of the breeding business was as high as 47.
According to incomplete statistics from the feed industry information network, Aonong Biotech has invested more than 3 billion yuan in pig breeding in 2020 , including a total of 2.
tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
3.
(1) Starting from the third quarter, it increased the slaughter and food business, with revenue of RMB 403,287,900, which was the acquisition of a 70% stake in Yinxiang Meat.
(2) Veterinary drug animal insurance income was RMB 26,752,100, an increase of 43.
(3) Raw material trading income was RMB 1,112,0644 million, an increase of 695.
(4) Other income was 7,324,500 yuan, which was mainly income from information development and e-commerce sales of breeding accessories.
In the 2020 report, Aonong also put forward the business target for 2021, which is about to strive for no less than 4 million pigs for slaughter and no less than 2.
On the evening of March 24, Aonong Bio-Bio released its 2020 annual report, which is also the first annual performance report of the animal husbandry industry and ushered in a good start.
Operating income was 11.
517 billion yuan, a year-on-year increase of 98.
98%; net profit attributable to shareholders of listed companies was 573 million yuan, a year-on-year increase of 1865.
27%.
The current business of Aonong Biotechnology is with feed and live pigs as the core, veterinary drug animal protection, raw material trading and agricultural Internet as supporting businesses.
Specifically, let’s look at the performance of each business segment:tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
1.
Feed business:tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
Feed business: 1.
Feed business:
Feed business is still the core business that accounts for more than half of Aonong Bio's revenue.
In 2020, feed revenue is 6,155.
9284 million yuan, an increase of 38.
67% from the same period last year, accounting for 56.
6% of total revenue; the sales volume of feed is 2.
0815 million tons, compared with the same period last year.
An increase of 33.
43%.
tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
Before the African swine fever, Aonong's pig feed accounted for more than 90%.
Aonong began to deploy poultry feed, aquatic feed and ruminant feed in 2019 due to the impact of African swine fever.
The pig feed accounted for 93.
86% of the previous year.
Decreased to 61.
34% of that year.
In 2020, the sales volume of pig feed was 1.
0134 million tons, and the proportion continued to drop to less than half of the total ; while the sales volume of poultry feed in 2020 reached 812,900 tons, a year-on-year increase of 70.
4%; other materials (aquatic feed, ruminant feed and other materials) ) The sales volume was 255,200 tons, a year-on-year increase of 102.
50%.
But at the same time, due to the substantial increase in other feed varieties, the feed gross profit margin has also dropped from 10.
5% last year to 6.
13% this year.
tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
86% in the previous year to 61.
34% that year.
In 2020, the sales volume of pig feed was 1.
0134 million tons, and the proportion continued to drop to less than half of the total.
2.
Pig breeding:tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
Pig breeding: 2.
Pig breeding:
In 2020, Aonong Biotechnology realized income from pig farming of RMB 3,139,091,800, an increase of 255.
97% over the same period of the previous year, accounting for 27.
3% of total income; the number of pigs for slaughter was 1,346,300, an increase of 104.
17% over the same period of the previous year .
The increase was mainly due to Aonong.
The investment in the pig breeding business has been increased, new pig farms have been gradually put into use, and the number of pigs for slaughter has gradually increased.
tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
17% over the same period of the previous year
Affected by the continued high price of live pigs in 2020, the gross profit margin of the breeding business was as high as 47.
75% , an increase of 22.
34 percentage points from the same period last year.
As of the end of the reporting period, Aonong had 963,800 live pigs, an increase of 222.
60% from the end of 2019, of which sows There are about 300,000 sows ( including breeding sows and reserve sows).
In 2019, there are only 100,000 sows.
This is also related to Aonong's large-scale deployment of pig breeding projects.
tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
75%, of which there are about 300,000 sows (
According to incomplete statistics from the feed industry information network, Aonong Biotech has invested more than 3 billion yuan in pig breeding in 2020 , including a total of 2.
5 billion yuan in construction in 4 places including Yongxin and Wan'an in Jiangxi, Binzhou in Shandong, and Jiangjin in Chongqing.
The pig breeding project will add 1.
5 million pigs to slaughter every year after full production.
tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
3.
Other business:tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
Other business:
(1) Starting from the third quarter, it increased the slaughter and food business, with revenue of RMB 403,287,900, which was the acquisition of a 70% stake in Yinxiang Meat.
tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
(2) Veterinary drug animal insurance income was RMB 26,752,100, an increase of 43.
88% over the same period of the previous year.
tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
(3) Raw material trading income was RMB 1,112,0644 million, an increase of 695.
14% over the same period of the previous year.
tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
(4) Other income was 7,324,500 yuan, which was mainly income from information development and e-commerce sales of breeding accessories.
tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
In the 2020 report, Aonong also put forward the business target for 2021, which is about to strive for no less than 4 million pigs for slaughter and no less than 2.
7 million tons of feed sales .
tp4 China Feed Industry Information Network-Based on feed, serving animal husbandry
7 million tons