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卖狗粮又不赚钱了?这家公司2018年净利润跌回了三年前******

原标题:卖狗粮又不赚钱了?这家公司2018年净利润跌回了三年前

中新经纬客户端4月20日电 (闫淑鑫)受鸡肉价格上涨等因素影响,这家狗粮生厂商的利润水平瞬间回到三年前。

近日,中宠股份发布了2018年年报,报告期内该公司实现营业收入14.12亿元,同比增长39.09%;实现归属于上市公司股东的净利润(以下简称净利润)5644.47万元,同比减少23.39%,一下子退至2015年水平。

作为国内规模较大的宠物食品企业之一,中宠股份上述业绩表现不免让人心生疑问:卖狗粮又不赚钱了?

超市货架上摆放的中宠股份产品。中新经纬闫淑鑫 摄

净利润“跌跌不休”

公开资料显示,中宠股份成立于2002年,主要从事犬用及猫用宠物食品的研发、生产和销售,旗下拥有“Wanpy”“King Kitty”“中宠”等品牌,具体产品包括宠物零食、宠物湿粮及宠物干粮等。

2017年8月,中宠股份正式登陆A股,成为国内宠物食品行业为数不多的上市公司之一。同年,该公司营业收入大幅增长28.37%,成功突破10亿元,与此同时,净利润也较上年同期增长9.51%,录得8480.66万元。

然而,进入2018年后,中宠股份的净利润竟开始“跌跌不休”。Wind数据显示,在2018年一季报、中报、三季报、年报中,中宠股份的净利润分别较上年同期下滑42.98%、38.63%、29.27%、23.39%。以至于2018年全年,中宠股份仅录得净利润5644.47万元,一下子退至2015年水平。

2013年-2018年中宠股份净利润情况。数据来源:Wind 中新经纬闫淑鑫制表

值得一提的是,这种下滑趋势一直延续到今年一季度。据中宠股份2019年一季报,报告期内,该公司实现营业收入3.81亿元,同比增长37.45%;实现归属于上市公司股东的净利润684.42万元,同比减少45.75%。

未来或将继续承压

至于净利润下滑的具体原因,中宠股份在业绩报告中并未过多解释。不过,在业内人士看来,这或许和其国内市场的拓展有关。

据了解, 自2017年上市以来,中宠股份便以海外市场为基础,着手布局国内市场,2018年更是加快了拓展步伐。去年4月份,中宠股份还发布高端无谷干粮,正式发力国内主粮市场。

光大证券分析认为,中宠股份对国内市场的拓展,使得人员扩充和广宣投入力度较大,销售费用高企,影响公司净利润。数据显示,2018年全年及2019年一季度,中宠股份的销售费用分别较上年同期增长107.21%、99.76%。

事实上,除销售费用大幅增长外,原材料成本上涨也是影响中宠股份净利润下滑的原因之一。

据中宠股份2018年年报,公司旗下产品的主要原材料为鸡胸肉、鸭胸肉、皮卷等,这部分成本在其主营业务成本中占比最大。而2018年,国内白羽鸡行业景气度较高,鸡胸肉价格一直居高不下。

中信建投在研报中提到,受鸡胸肉价格上涨影响,中宠股份2018年的毛利率及净利率均出现了一定程度的下滑。其中,毛利率下滑1.5 个百分点至 23.31%;净利率下滑3.99 个百分点至 4.36%。

东北证券分析师李强称,受原材料成本上涨影响,中宠股份的净利润短期内仍将承压。“2019年,鸡肉价格仍然处于高位,原料采购价约上浮20%,并且该公司零食类产品原材料占比重,预计其毛利率仍将承压。”

超市货架上摆放的猫粮、狗粮。中新经纬闫淑鑫 摄

80%的收入全靠国外贴牌?

中新经纬客户端注意到,中宠股份当前的收入仍严重依赖国外市场。

数据显示,2018年,中宠股份国外市场的收入为11.60亿元,在总营收中的占比为82.16%;国内市场的收入为2.52亿元,在总营收中的占比为17.84%。

中宠股份介绍,公司国外市场的客户主要为当地拥有品牌的宠物食品经销商,它们大多不从事生产,主要依靠从生产企业购买加工完成的宠物食品,再贴牌销售,少数客户为当地的宠物用品零售商店。中宠股份坦言,在国外市场中,公司主要是按照客户订单生产OEM/ODM(代工/贴牌)产品,自主品牌销量相对较小。

“在欧美等发达国家和地区,宠物食品市场发展已较为成熟,一些大型品牌商已树立了牢固的品牌形象,并占据了大部分市场销售渠道,新进品牌的营销成本和风险相对较高。因此,公司采取与当地的知名厂商进行合作,以OEM/ODM贴牌方式进入当地市场。”中宠股份在年报中提到。

值得一提的是,随着国内宠物食品市场规模不断扩大,中宠股份正在努力拓展国内市场,试图将“出口”转为“内销”。不过,从当前的数据来看,中宠股份国内市场的收入仍显著低于国外市场。

中国食品产业分析师朱丹蓬指出,在上世纪90年代,国内宠物食品市场大多为外资品牌,比如宝路等。2015年以来,随着国内宠物市场规模呈现几何级增长,进入中国市场的宠物食品品牌逐渐增多。而与玛氏、雀巢、皇家、真诚爱宠等知名宠物食品品牌相比,市场对于国内宠物食品品牌的认可度还不是特别高。

对此,朱丹蓬建议,国产宠物食品品牌或可尝试从三四线市场开始切入。“因为三四线市场的消费者对宠物食品已经有认知,但是消费开支不会太大,消费力较低,国产品牌可以把价格作为打造渠道与品牌的利器。”朱丹蓬说。(中新经纬APP)

China's energy consumption growth slows in Q3******

BEIJING, Nov. 8 (Xinhua) -- China recorded slower energy consumption growth in the third quarter amid efforts to build a clean and low-carbon energy consumption structure, the National Energy Administration said Monday.。

The year-on-year growth of energy consumption in the third quarter dropped 14.3 percentage points from the first quarter and 4.7 percentage points from the second quarter, partly due to remarkable energy use drops in the energy-intensive industries.。

Of the total, coal consumption growth in the third quarter shrank 13.1 percentage points from the first quarter and 2.8 percentage points from the second.。

The clean energy sector has been expanding in the third quarter.。

By the end of September, the installed capacity of hydropower, nuclear power, wind power and solar power totaled 1.01 billion kw, accounting for 44.1 percent of the total installed capacity, up 3 percentage points from the same period last year.。

In view of the goals of peaking its carbon dioxide emissions before 2030 and achieving carbon neutrality before 2060, China is speeding up the transformation to a clean and low-carbon energy consumption structure. Enditem。

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Thousands cross Polish border fleeing Russia******

It is a freezing cold night in Medyka, a south-eastern Polish town on the border with Ukraine. There, traumatized Ukrainian refugees shiver as they queue to cross the border into Poland.

Having fled their homes to escape the Russia-Ukraine conflict, They hope to find shelter and safety elsewhere.

On the first day of Russia's military operation, Poland's border guard said 29,000 people came to Poland. This figure has now swelled to more than 100,000.

Some are lucky. Dozens of cars and small buses wait in the parking lot at the border, to pick up Ukrainian friends and relatives. Others, however, are less fortunate: they pace around looking flustered, repeatedly asking for information.

Even those who have a car don't know how far they will get. More than half of the gas stations along the road from Medyka to Przemysl, 10 km away, have sold their last drop of petrol for the day.

Many of the refugees do not want to deal with journalists' cameras and microphones immediately after setting foot on Polish territory. However, Julia, who had just reunited with her husband, is willing to talk to Xinhua.

Holding her one-year-old son with one arm, the 26-year-old is picking up convenience food from volunteers. Meanwhile, her older son plunges his head into a box full of plush toys, donated by local people.

Julia's family lives in a small town in western Ukraine, while her husband works at a Skoda car factory in Prague, Czech Republic. After the Russia-Ukraine conflict broke out, she decided to go to her husband's place.

Her father and brother drove her to the border area. They heard explosions along the way. She walked the last 20 km with her two sons to Poland, and was finally reunited with her husband who came to pick her up.

"The journey was difficult and dangerous, but now we are finally safe!" said Julia, who does not want to give her full name.

"What will happen in the future? I don't know."

Like Julia, Yryna also crossed the border on Saturday. She got up at 4 am, planning to go to her cousin's home with her three children.

Yryna left almost everything at her home in Truskavet, a city in Ukraine's Lviv Oblast near the border. Everyone warned her to leave as soon as she could.

"It's not about my life, but I have three kids," she said, before bursting into tears.

Her elder daughter Anna seems less worried, showing Xinhua her cat and rabbit, who are traveling with her. However, Anna said she wants to go home as her friends are there.

Terebetskyy Volodumur, a 50-year-old Ukrainian businessman, is set to cross the border to his home in Kiev – while most are traveling in the opposite direction.

He explains that he drove to Italy on a business trip on Tuesday, and heard many Ukrainians were fleeing their homes.

"It was fine when I left, but suddenly there was a war. I have three children at home, and I want to go back and stay with the children," he said.

深圳一外企员工连续加班一个多月后自杀身亡******

原标题:深圳一外企员工连续加班一个多月后自杀身亡

  近日,深圳38岁外企员工李某连续加班一个多月后自杀身亡一事引发关注,对于相关责任问题,家属称,是公司诱导加班导致李某得了抑郁症并最终引发了悲剧,公司负责人则表示,员工系自愿加班,司法定责前不会认责。

目前,双方仍在进一步协商中。

据澎湃新闻报道,李某的妹夫贺先生介绍,此前李某有近一个半月的高强度加班,导致其患了抑郁症。

病历本也显示,李某曾经跟医生反映自己每天上班都是10几个小时以上,并且从三月份考勤表中可以看到,他几乎每天都是22:00之后才下班,一个月共加班约58小时。

贺先生还介绍,李某所在的公司在3月1日曾发布通知鼓励员工加班。

该通知中提及,如若该月员工加班40-56个工作小时,会有1000元奖金;加班80个小时以上,奖励1800元。

对此,公司负责人朱女士回应称,作为一家做年报的公司,都会在每年三四月份去处理上一年的年报,因此才在这两个月发布了加班通知,“三四月是业务高峰期,其他月份没有这样的政策”。

她也承认这两个月加班略多,“但不严重”,又表示,员工加班都是自愿,不存在强制加班。

朱女士表示,公司在司法认定结果出来之前拒绝承担任何责任,“不能他们说是我们的责任或者我们说是他们的责任,这样扯不清的”。

目前,双方仍在进一步协商中。

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