分产品来看，公司占比前四名速冻菜肴制品、速冻鱼糜制品、速冻面米制品、速冻肉制品今年前三季度的收入较去年同期分别增长47.46%、19.81%、9.49%、19.16%。速冻菜肴制品（预制菜肴）是安井主要产品中增长最快的，收入占比为30.3%。Among the products with ① revenue accounting for the top four, frozen food products grew the fastest, with 47.46% year-on-year growth in the first three quarters. The revenue growth rate of ② 's frozen flour products slowed down, and the revenue from merchant super channels fell 15.52% year on year. At the end of the ③ reporting period, the company had a total of 1937 dealers.
Financial Associated Press, October 26 (Reporter Chen Kang)Although prefabricated food has been controversial recently, the performance of quick-frozen leading Anjing Food (603345.SH) shows that prefabricated food has formed a new growth curve.
This evening, Anjing Food disclosed that the company's operating income in the first three quarters was about 10.27 billion yuan, up 25.93% from a year earlier, and its net profit was about 1.12 billion yuan, up 62.69% from a year earlier. The net profit of Q3 increased by 63.75% compared with the same period last year.
In terms of products, the company accounted for the top four quick-frozen dishes products, quick-frozen surimi products, quick-frozen rice products, frozen meat products revenue in the first three quarters of this year increased by 47.46%, 19.81%, 9.49% and 19.16% respectively over the same period last year. Quick-frozen food products (prefabricated dishes) are the fastest growing of Anjing's main products, accounting for 30.3% of revenue.
The research report of Huafu Securities shows that, according to the product life cycle theory, quick-frozen rice products are in the mature stage, quick-frozen surimi and frozen meat products are in the transition from growth to maturity, while quick-frozen dishes (prefabricated dishes) are entering the growth stage.
Anjing Food said that the growth of frozen food products was mainly caused by the combination of Hubei Xinliuwu Food Group Co., Ltd., Xiamen Anjing Frozen products supply chain Co., Ltd and Anjing Chef. This year, Mr. Yasui launched new dishes such as grilled fish, while Anjing Chef focused on promoting five major dishes, such as chicken steak, fried chicken steak, chicken rice, chicken nuggets and onion rings.
The revenue growth rate of the company's frozen flour products has slowed down, mainly due to the impact of the super channel market environment of large chain stores. Among the company's five major channels (distributors, direct marketing, Shangchao, new retail, e-commerce), the revenue of Shangchao channel dropped the most, reaching 15.52%, the new retail channel also dropped 6.60% compared with the same period last year, and the other three channels showed positive growth. E-commerce business grew the most, reaching 221.20%.
A reporter from the Financial Associated Press noted that the company's sales expenses in the first three quarters increased by 5.99% compared with the same period last year, while administrative expenses, R & D expenses and financial expenses all decreased compared with the same period last year. In the past two years, the company has been reducing fees and increasing efficiency and improving profitability through measures such as raw material control, equipment upgrading, digital construction, and acquisition of upstream companies.
The dealer model is the company's main sales model, accounting for more than 80% of revenue. By the end of the third quarter, the number of dealers in Anjing totaled 1937, and the number of dealers in all regions of the country had increased, with the largest growth in North China and Northwest China.
