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Home > News > Company News > Food additives/ingredients companies in the first half of the year

Food additives/ingredients companies in the first half of the year

ECHEMI 2020-08-25

Due to the epidemic in the first half of this year, various industries have received varying degrees of baptism! As one of the important members of the modern food industry chain, the food additives and ingredients industry will look at their performance in the first half of this year.

Baolingbao's revenue exceeded 1 billion yuan, a year-on-year increase of 17.24%, net profit achieved 43 million yuan, a year-on-year increase of 78.21%, and net cash flow achieved 360 million yuan, a year-on-year increase of 1162.64%.

In terms of specific products, erythritol achieved revenue of 210 million yuan, an increase of 37.03% year-on-year, while fructose syrup experienced a decline of 4.79% year-on-year, achieving 190 million yuan.

Jindawei achieved revenue of 1.61 billion yuan, a year-on-year increase of 3.5%, net profit of 495 million yuan, a year-on-year increase of 33.72%, and net cash flow of 510 million yuan, a year-on-year increase of 33.27%.

Bairun shares achieved revenue of 790 million yuan, a year-on-year increase of 24.03%, net profit of 210 million yuan, a big increase of 55.02%, and net cash flow of 280 million yuan, a year-on-year increase of 47.56%.

In terms of products, it was mainly due to the substantial growth of the pre-adjusted cocktail business, which achieved 700 million yuan, a year-on-year increase of 27.68%, and net profit achieved 156 million yuan, a year-on-year increase of 57.12%. The revenue of food flavors was 84 million yuan, a slight increase of 0.44% year-on-year.

Jindan Technology achieved revenue of 473 million yuan, a year-on-year increase of 14.5%, net profit of 65 million yuan, a year-on-year increase of 13.81%, and net cash flow of 87 million yuan, a year-on-year increase of 18.91%.

In terms of products, lactic acid revenue was 327 million yuan, a year-on-year increase of 26.34%, and lactate revenue was 83 million yuan, a year-on-year decrease of 7.79%.

Angel Yeast achieved revenue of 4.34 billion yuan, an increase of 16.91% year-on-year, net profit of 719 million yuan, a year-on-year increase of 54.85%, and net cash flow of 821 million yuan, a year-on-year increase of 369.41%.

Mainly due to the high demand for yeast from the C-end catalyzed by the epidemic, and the force on the European market.

Meihua's revenue was 8.137 billion yuan, an increase of 16.58% year-on-year, net profit was 636 million yuan, a decrease of 4.26% year-on-year, and its net cash flow was 1.005 billion yuan, a year-on-year increase of 28.79%.

Among them, the proportion of the food segment's overall revenue decreased from 43.07% in the same period last year to 36.09%, which was mainly affected by fluctuations in downstream catering demand.

There are also outstanding companies in the industry such as Chenguang Bio, Jinhe Industry, Aipu, Ketuo Bio, Xianle Health, Jiabiyou, etc., which will not be repeated here. If you are interested, you can compare!

In short, from the performance data alone, the overall performance of these listed companies in the food additives and ingredients industry has achieved steady growth. On the other hand, it also fully reflects the market anti-risk advantages of leading companies in the segmented product industry!

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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