During the reporting period, the company achieved a total operating income of110.595 billion yuan, up by 14. 15% year-on-year, and the absolute revenue growth exceeded13.7 billion yuan. The net profit was 8.732 billion yuan, a year-on-year increase of 23%. The first quarterly report of 2022 released in the same period shows that the total operating income in the first quarter reached 31047 million yuan, up 13.47% year-on-year, and the net profit was 3.508 billion yuan, up 24.08% year-on-year.
Analysts pointed out that at the moment full of uncertainty, dairy industry is one of the few industries that continues to grow, and Yili is a scarce target with certainty and growth characteristics. In the complex environment such as repeated COVID-19 epidemic, the core competitiveness and operational toughness of Yili's entire industrial chain, such as resource integration ability and risk response ability, have been verified again. These unrepeatable management capabilities will be the greatest certainty for Yili to achieve the first goal of global dairy industry.
Pan Gang, chairman of Yili, said: "In the current situation of repeated epidemics, Yili will make every effort to ensure the effective supply of dairy products. We are confident that we can still achieve certain growth in an uncertain environment. In the process of constantly meeting the health needs of consumers, the company will work hand in hand with its partners to win and give back to employees and investors with steady development. In addition, as the first enterprise in China food industry to release the dual-carbon target and roadmap, Yili will achieve carbon neutrality in the whole industry chain by 2050. We will finally achieve the goal of' total value leading' in promoting the integration and development of commercial value and social value. "
A number of business segments have grown substantially.
Under the guidance of the national dairy industry revitalization strategy, the overall scale and production technology of China's dairy products have reached the advanced level in the world. However, due to China's large population base, the annual per capita consumption of dairy products is less than 25kg (converted into milk quantity according to the milk and dairy products output of the National Bureau of Statistics, and the following per capita consumption refers to milk quantity), far below the world average 1 13kg (data released by the Organization for Global Economic Cooperation and Development). Only110, which accounts for the per capita annual consumption of 220kg in Europe and America, is higher than that of Japan and South Korea 100kg, or that of India, which is also a developing country144kg (National Dairy Development Board official website 2018-).
With the improvement of consumers' health awareness, the dairy consumption demand of urban and rural residents is increasing. According to the survey data of Kaidu, during the reporting period, the consumption of liquid milk in prefecture-level and county-level markets increased by 17.4% compared with the same period of last year, and the growth rate of dairy consumption in offline markets was obviously accelerated.
Under the market situation that the demand for dairy products continues to grow, this provides a foundation for Yili to break through the scale of 100 billion revenue.
According to the financial report data, the operating income of liquid milk business, as the "basic disk" of Yili, was 849. 1 1 billion yuan, a year-on-year increase of1.54%, ranking first in the market. The annual sales scale of Yili pure milk, Jindian pure milk and Ammushi normal temperature yogurt series products all exceeds 20 billion. Among them, the market share of organic series products in Jin Dian increased by 0.64 percentage points compared with the same period of last year, ranking first in the category of organic milk products; The market share of "Chang Qing" low-temperature yogurt ranks first in the subdivision category; The annual sales revenue of "Zhennong" series pure milk increased by nearly 60% compared with the same period of last year; As the absolute leader in subdividing the track, "Shuhua" high-end functional series products continue to achieve nearly 30% growth through lactose-free and easy-to-absorb brand interests.
In addition, the cold drink business has ranked first in the industry for 27 consecutive years. In 20021year, the company's cold drink business realized operating income of 7 1.6 1 billion yuan, up by 16.28% year-on-year, and continued to expand its leading edge.
In addition to the basic business sector, Yili's new growth pole is also making a strong dash. During the reporting period, the company's milk powder and dairy products business achieved operating income of16.209 billion yuan, a year-on-year increase of 25.80%. Among them, the annual sales revenue of infant formula brand Jinling Crown exceeded 10 billion. Nielsen Zero Research data shows that Yili's market share of infant formula milk powder retail sales increased by 1.4 percentage points year-on-year, ranking first in the market.
In addition, Nielsen's research data shows that in 20021year, Yili's cheese business achieved an income growth of over 150% under the overall layout of normal temperature and low temperature, and its market share increased by 6.3 percentage points, which continued to maintain a high-speed growth momentum. In the same period, Yili's specialized dairy products continuously explored new growth points in the cheese and cream business by providing dairy products and services to customers in the baking, catering and beverage industries.
The "post-100 billion era" opens a new round of strategic layout
Yili Co., Ltd. said that 20021year was the year when the company's revenue exceeded 100 billion yuan, and it was also the first year to improve the strategic layout of the "post-100 billion era" and accelerate the long-term strategic goal of "entering the top three in the global dairy industry in 2025 and achieving the first in the global dairy industry in 2030". In terms of key business, the company has made continuous progress, and its major strategic layout has continued.
In March 2022, the company completed the tender offer for Aoyou Dairy and officially controlled Aoyou. Aoyou is the head enterprise in the domestic milk powder market and owns the first brand of goat milk powder in the world, Jiabeiaite. Yili milk powder after the strong alliance will surely usher in rapid growth and reconstruct the global milk powder industry pattern.
In terms of cheese business, the establishment of Yijia Good Cheese Company, through corporatization operation, can adopt more flexible market strategies for the market, realize centralized allocation of resources, better adapt to the rapid growth momentum of the cheese industry, and further enhance the competitiveness of the company's cheese business.
In addition to the key business layout, the company also continued to exert its strength in the layout and capacity building of the whole industry chain.
In terms of milk source construction, Yili has formed a great milk source advantage through its own milk source and cooperative milk source. Relying on the dual-core milk source bases in China and New Zealand, the company builds a strong advantage of its own milk source on a global scale to ensure the supply of high-quality and high-stability milk sources. At the same time, the company plans to build a cooperative milk source base together with the core supplier * * *, empowering cooperative pastures with capital, technology and other high-quality resources, giving full play to the synergistic value of the whole industrial chain and comprehensively promoting the healthy development of the industrial chain. Since 20 15, the proportion of large-scale intensive milk sources in the company has reached 100%, and the milk source support capacity has been continuously improved, effectively promoting the rapid development of various businesses.
In overseas markets, the synergy of the company's "global supply chain network" has also been comprehensively improved. During the reporting period, the company's main products have covered five continents and more than 60 countries and regions, and its overseas business income has increased by 8% over the same period of last year. Among them, the first phase of the frozen beverage production base invested in Indonesia was completed and put into operation; With the upgrade of Westland factory, the output of butter brand Westgold has been greatly increased, and the international butter market share has continued to expand.
At the same time of enterprise development, the company gives full play to the advantages of the whole industrial chain resources and omni-channel layout, fully guarantees the effective supply of dairy products under the epidemic situation, and goes to the front line of epidemic situations in various places to replenish nutrition and materials for the "war epidemic". Since 2020, the company has donated 380 million yuan to fight the COVID-19 epidemic.
In addition, Yili has successfully cooperated with big IP platforms such as Olympic Games, World Expo, CBA and Asian Cup again and again, which has promoted the two-dimensional promotion of the company's brand and operation, showing the company's excellent resource platform operation ability. On the occasion of the return of Shenzhou XIII, the company joined hands with China Aerospace to launch the "Future Dairy Space Laboratory", opening up a new situation of mutual promotion, innovation and application of aerospace technology, dairy products and healthy food.
Wen beibei
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