Guangdong Haid Group Co., Limited (002311.SZ) Bundle
A Brief History of Guangdong Haid Group Co., Limited
Guangdong Haid Group Co., Limited was established in 1984, evolving from a small hatchery to one of China's leading agri-aquaculture companies. Initially focused on feed production, the company has since diversified into various sectors within the agricultural and aquaculture industries.
By the early 2000s, Haid Group had significantly expanded its operations, launching a series of innovative products aimed at enhancing aquaculture efficiency. In 2002, the company reported revenues of approximately ¥1.2 billion, largely from its aquaculture feed segment, which became a cornerstone of its business model.
In 2011, Haid Group went public on the Shenzhen Stock Exchange, marking a major milestone in its growth trajectory. The initial public offering (IPO) was priced at ¥8.80 per share, and the company raised around ¥2.2 billion to further invest in R&D and expand its production capacity.
By 2018, Guangdong Haid Group cemented its status as a market leader in aquaculture feed, boasting a market share of approximately 26% in China. The company's revenue for that fiscal year reached ¥42.7 billion, with a net profit of ¥4.5 billion.
In 2020, the company faced challenges due to the COVID-19 pandemic, impacting global supply chains. However, it managed to adapt, leveraging its advanced technology and digital platforms. The revenue in 2020 was reported at ¥38 billion, reflecting a slight decline from the previous year. Nonetheless, the company maintained a robust net profit margin of 11.8%.
As of the first half of 2023, Guangdong Haid Group reported a revenue of ¥22 billion, indicating a recovery with a year-on-year growth rate of 15%. The net profit for this period was approximately ¥2.8 billion.
Year | Revenue (¥ billion) | Net Profit (¥ billion) | Market Share (%) |
---|---|---|---|
2002 | 1.2 | N/A | N/A |
2011 | N/A | N/A | N/A |
2018 | 42.7 | 4.5 | 26 |
2020 | 38 | 4.5 | N/A |
2023 (H1) | 22 | 2.8 | N/A |
Guangdong Haid Group's dedication to R&D is notable, with approximately 5% of its annual revenue reinvested into research initiatives aimed at improving feed efficiency and sustainability. The company has also established various partnerships with local universities to foster innovation.
As of 2023, Haid Group continues to focus on expanding its international presence, particularly in Southeast Asia and Africa, with plans to increase exports of its products. The strategic direction signifies the company's ambition to become a global leader in agri-aquaculture.
In summary, Guangdong Haid Group's history reflects resilience and adaptability in the face of market fluctuations. Its innovative approach, strong market position, and commitment to sustainability provide a solid foundation for future growth in the agri-aquaculture sector.
A Who Owns Guangdong Haid Group Co., Limited
Guangdong Haid Group Co., Limited, primarily known for its operations in the animal feed and aquaculture industry, is publicly traded on the Shenzhen Stock Exchange under the ticker symbol 002311. As of October 2023, the company's significant ownership structure is outlined as follows:
Shareholder | Ownership Percentage | Number of Shares Owned |
---|---|---|
Haid Group Co., Ltd. | 37.58% | 1,072,617,200 |
China National Feed Industry Corporation | 12.21% | 345,154,200 |
Qin Yi | 6.87% | 196,139,600 |
Institutional and other investors | 43.34% | 1,232,088,500 |
The total number of shares outstanding for Guangdong Haid Group Co., Limited is approximately 2.855 billion. The significant stake held by Haid Group Co., Ltd. indicates strong control over the company’s strategic direction and operational decisions.
In terms of financial performance, the company reported a revenue of approximately RMB 56.18 billion for the fiscal year 2022, marking a year-on-year increase of 12.3%. The net profit attributable to shareholders was around RMB 4.02 billion, representing a growth of 9.1% compared to 2021.
Guangdong Haid Group has also made significant investments in technology and research, with approximately RMB 1.2 billion allocated for R&D in the last fiscal year. This investment aims at enhancing their product lines and improving their feed production efficiency.
With a market capitalization of about RMB 150 billion as of the latest trading session, Guangdong Haid Group operates in a highly competitive sector, continuously striving to maintain its leadership position in animal nutrition and aquaculture.
The company’s valuable assets include multiple production facilities spread across several provinces in China, significantly contributing to its robust capacity to meet the growing demand for quality animal feed and aquaculture products.
Guangdong Haid Group Co., Limited Mission Statement
Guangdong Haid Group Co., Limited is a leader in the feed and aquaculture sectors, focusing on innovation, sustainability, and customer satisfaction. The company's mission statement reflects its commitment to enhancing animal health and productivity while ensuring environmental responsibility.
The mission statement emphasizes several key areas:
- Development of high-quality animal nutrition products.
- Commitment to sustainable practices in agriculture and aquaculture.
- Integration of advanced technologies in production processes.
- Focus on research and development to drive innovation.
- Enhancement of customer service and satisfaction through quality products.
For fiscal year 2022, Guangdong Haid Group reported significant financial metrics that reinforce its mission. The company achieved a revenue of RMB 75.5 billion, representing a growth of 15.6% from the previous year.
Operating profit for the same period was RMB 9.2 billion, with a net profit margin of 12.2%. The company maintained a strong return on equity (ROE) of 18.4%, indicating effective management of shareholders' equity.
Financial Metric | 2022 Value | 2021 Value | Growth (%) |
---|---|---|---|
Revenue (RMB billion) | 75.5 | 65.3 | 15.6 |
Operating Profit (RMB billion) | 9.2 | 7.8 | 17.9 |
Net Profit Margin (%) | 12.2 | 11.9 | 2.5 |
Return on Equity (%) | 18.4 | 17.6 | 4.6 |
Furthermore, Guangdong Haid Group places a high emphasis on research and development, with an investment totaling RMB 2.3 billion in 2022, marking an increase of 20% compared to 2021. This investment is directed towards enhancing product formulations, improving production efficiency, and developing sustainable practices.
The company also engages in various sustainability initiatives, aiming to reduce greenhouse gas emissions by 30% by 2025. In addition, Guangdong Haid Group has implemented a traceability system in its supply chain to ensure food safety and quality, setting a benchmark in the industry.
With operations spanning over 20 countries and a workforce of approximately 15,000 employees, Guangdong Haid Group continues to uphold its mission to foster growth in the global feed and aquaculture markets while prioritizing environmental sustainability and innovation.
How Guangdong Haid Group Co., Limited Works
Guangdong Haid Group Co., Limited, established in 1994, primarily operates in the aquaculture and animal feed industry, focusing on the research, development, production, and sale of animal nutrition products.
As of 2023, the company is recognized as one of the largest animal feed manufacturers in China, with a production capacity exceeding 20 million tons annually across various facilities.
Haid Group's revenue for the fiscal year 2022 reached approximately RMB 30 billion (about USD 4.7 billion), reflecting an increase of 12% compared to the previous year. This growth is attributed to an expanding market share and enhanced product offerings.
The company's operations are divided into several segments, including:
- Animal Feed Manufacturing
- Aquaculture Products
- Veterinary Pharmaceuticals
- Research and Development
Haid Group employs more than 8,000 staff globally, with a significant focus on R&D to foster innovation in animal nutrition. The company invests about 5% of its annual revenue back into R&D activities.
The company’s financial health is underscored by its asset structure as of mid-2023:
Financial Metric | Amount (RMB) |
---|---|
Total Assets | RMB 45 billion |
Total Liabilities | RMB 25 billion |
Shareholder Equity | RMB 20 billion |
Current Ratio | 1.5 |
Debt-to-Equity Ratio | 1.25 |
Geographically, Haid Group has expanded its footprint beyond China, with operations in more than 50 countries worldwide, which has bolstered its international sales by approximately 15% annually.
In terms of product portfolio, Haid Group's best-sellers include:
- Complete Feed for Fish
- Compound Feed for Poultry
- Specialized Feed for Livestock
The company has also stepped into the realm of e-commerce, leveraging online platforms to distribute its products more efficiently. In 2022, online sales contributed to about 18% of total revenue.
Furthermore, Haid Group has made strides toward sustainability, with initiatives aimed at reducing carbon emissions by 30% by 2030. This includes the utilization of sustainable sourcing practices in feed production.
Operationally, the company has adopted advanced manufacturing technologies, incorporating automation and digitalization in its production lines. This has led to a 20% increase in operational efficiency over the past five years.
Overall, Guangdong Haid Group Co., Limited demonstrates a robust business model driven by innovation, geographical expansion, and a commitment to sustainability, ensuring its competitive edge in the global animal nutrition market.
How Guangdong Haid Group Co., Limited Makes Money
Guangdong Haid Group Co., Limited, a leading player in the aquaculture industry, generates revenue primarily through its production and sale of feed products for aquaculture and livestock, as well as through its involvement in breeding and farming aquatic animals. The company’s diverse portfolio allows it to leverage different market segments, optimizing its income streams.
In 2022, Guangdong Haid reported total revenue of approximately RMB 70.1 billion, reflecting a year-over-year increase of 10.6%. This growth was largely driven by rising demand for high-quality aquaculture feed and increased production capacity.
The company operates through several key segments:
- Feed Products: This segment includes high-quality fish and shrimp feeds, which accounted for about 82% of total revenue in 2022.
- Aquaculture: Breeding and farming operations contributed approximately 12% to the total revenue.
- Other Products: This includes animal health products, which made up the remaining 6% of the revenue.
Segment | Revenue Contribution (%) | 2021 Revenue (RMB Billion) | 2022 Revenue (RMB Billion) |
---|---|---|---|
Feed Products | 82% | 56.7 | 57.4 |
Aquaculture | 12% | 8.2 | 8.4 |
Other Products | 6% | 3.1 | 4.3 |
Cost management has played an essential role in Guangdong Haid's profitability. In 2022, the gross profit margin stood at 21.5%, up from 19.8% in 2021. This improvement can be attributed to better economies of scale and enhanced production efficiency.
Furthermore, Guangdong Haid Group has expanded its international footprint, exporting its products to over 60 countries, which diversifies its revenue sources and mitigates local market risks. In 2022, international sales represented about 25% of total revenue, indicating a robust global demand for its products.
Additionally, the company has invested significantly in research and development, allocating approximately RMB 4.5 billion in 2022, equivalent to 6.4% of total revenue. This investment is focused on developing advanced feed technologies and enhancing aquaculture practices, ensuring long-term sustainability and competitiveness.
In terms of financial performance, Guangdong Haid reported a net profit of RMB 10.1 billion in 2022, translating to a net profit margin of 14.4%. The company’s earnings per share (EPS) for the same year were around RMB 4.62, reflecting strong profitability.
Stock performance has also been favorable; as of September 2023, Guangdong Haid's shares were trading at RMB 50.30, with a market capitalization of approximately RMB 115 billion. The stock has seen a 15% increase over the past year, indicating investor confidence in the company's growth trajectory.
In summary, Guangdong Haid Group Co., Limited leverages its extensive product offerings, efficient operations, and global expansion strategies to drive revenue. Their ongoing investment in technology and market development positions them well for sustained financial performance.
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