Summary of Xinruiye Annual Report: Net profit attributable to parent company in 2025 increased by 35.98% year-over-year

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Radar Finance | Written by Yang Yang | Edited by Li Yihui

On March 22, Xinruyi (002946) released a summary of its 2025 annual report. During the reporting period, the company achieved operating revenue of 11.233 billion yuan, a year-on-year increase of 5.33%. Net profit attributable to shareholders of the listed company was 731 million yuan, up 35.98% year-on-year. After excluding non-recurring gains and losses, net profit attributable to shareholders was 774 million yuan, a year-on-year increase of 33.76%. Basic earnings per share were 0.85 yuan, up 37.10% year-on-year.

According to Tianyancha data, Xinruyi was established on July 5, 2006, with a registered capital of 860.6769 million yuan. The legal representative is Xi Gang. The registered address is No. 2, 8th Floor, Building 2, Xinxiang Zhongding International, No. 366 Jinshi Road, Jinjiang District, Chengdu, Sichuan Province. The main business involves the research, production, and sales of dairy products and dairy beverages.

Currently, the company’s chairman is Xi Gang, the secretary of the board is Zheng Shifeng, and it employs 8,664 staff members. The actual controllers are Liu Chang and Liu Yonghao.

The company has stakes in 56 affiliated companies, including Chengdu Xinxiang Hope Fresh Supermarket Chain Co., Ltd., Shandong Luyuan Weipin Dairy Co., Ltd., Shandong Luyuan Weipin Agricultural High-tech Co., Ltd., Shandong Weipin Animal Husbandry Co., Ltd., and Yongchang Xinxiang Hope Agriculture and Animal Husbandry Co., Ltd.

In terms of performance, the company’s operating revenues for 2023, 2024, and 2025 are projected to be 10.987 billion yuan, 10.665 billion yuan, and 11.233 billion yuan, respectively, with year-on-year growth rates of 9.80%, -2.93%, and 5.33%. Net profits attributable to the parent company are expected to be 431 million yuan, 538 million yuan, and 731 million yuan, with year-on-year increases of 19.27%, 24.80%, and 35.98%. During the same period, the company’s asset-liability ratio is projected to be 70.47%, 64.61%, and 56.51%.

Regarding risks, Tianyancha data shows the company has 361 internal Tianyan risks, 182 surrounding risks, 51 historical risks, and 487 early warning risks.

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