味 千 ( 中 國 ) 控 股 有 限 公 司
公 佈 二 零 零 七 年 全 年 業 績
*** ** ***
營業額及股東應佔溢利分別大幅增加51.1%及88.4%
餐廳網路迅速擴張品牌知名度進一步提升
財務摘要
截至十二月三十一日止年度 |
二零零七年
(人民幣千元) |
二零零六年
(人民幣千元) |
變動 |
營業額 |
904,353 |
598,391 |
+51.1% |
毛利 |
603,552 |
378,980 |
+59.3% |
毛利率 |
66.7% |
63.3% |
+3.4百分點 |
公司股東應佔溢利 |
213,574 |
113,365 |
+88.4% |
純利率 |
24.4% |
19.2% |
+5.2百分點 |
每股基本盈利 (人民幣分) |
22.18 |
15.98 |
+38.8% |
(二零零八年四月二十四日 – 香港) 領先中國和香港的快速休閒連鎖餐廳經營商之一 — 味千(中國)控股有限公司 (「味千」或 本「集團」；股份編號: 00538)， 欣然宣佈截至二零零七年十二月三十一日止年度之全年業績。
回顧年內，集團業績表現卓越，營業額達人民幣904,353,000元，較去年增加51.1%，主要由於年內集團之連鎖餐廳由120間增加至210間。毛利由二零零六年的人民幣378,980,000元增加59.3%至二零零七年的人民幣603,552,000元，而毛利率也由二零零六年的63.3%上升至二零零七年的66.7%。股東應佔溢利大幅增加88.4%至人民幣213,574,000元。每股基本盈利為人民幣22.18分(二零零六年: 人民幣15.98分)。董事會建議派發截至二零零七年十二月三十一日止之末期股息每股人民幣5.2分（二零零六年:無）。
談及理想的全年業績，集團創辦人、主席兼行政總裁潘慰女士表示：「本集團業績的顯著增長，有賴於本集團快速休閒連鎖餐廳網路的迅速擴張，以及味千品牌知名度於年內進一步提升。而蓬勃發展的餐飲業亦為具有競爭力的味千提供了充足的擴張空間。目前，本集團快速休閒連鎖餐廳已擴展到232家，分銷網路主要集中在中國華東、華南、華北及華中地區。」
潘女士續說：「味千於二零零七年度取得理想及碩果累累的成績，這些成就亦同時得到國內、香港，以至海外投資者的肯定。」
集團於九月十日正式獲納入?恒生綜合指數系列及恒生流通指數系列成分股內200隻股票之一；於十一月獲評《商業週刊》之「五十個亞洲成長最快的企業」中的第一名，成為榜上唯一從事餐飲行業的企業；以及上市項目於十二月被國際著名財經雜誌《金融亞洲》(FinanceAsia)評選為2007年度「最佳中型企業融資」項目。這充分體現了我們在業界的代表性獲得肯定，本地及海外投資者對集團的關注和信任由此也可見一斑。
年內，集團的全國連鎖餐廳網絡繼續高速穩健擴展，餐廳數目由二零零六年底的120間增加至二零零七年十二月三十一日止的210間。集團餐廳的發展重點著眼於中國大陸地區，並主要集中在現代化程度高，消費能力強的一線城市，如上海，北京，深圳，廣州等，但同時也不斷向中國二線城市乃至三、四線城市延伸和滲透，逐步形成了由南到北覆蓋全國的餐廳網路。於二零零七年十二月三十一日，集團有53間餐廳設於上海、27間設於深圳、14間設於北京、92間設於中國其他地區及24間設於香港。集團餐廳網絡更拓展至14個新城市，包括遼寧的瀋陽、廣西的南寧、雲南的昆明、貴州的貴陽，陝西的西安等內陸省會城市以及廣東韶關、浙江紹興等三線城市。年內，味千餐廳在國內及香港分別錄得7.3%及2.6%的同店增長。
在擴充網絡的同時，集團亦致力提升營運效率及有效的成本控制。年內，集團將餐廳食品單價調高，以抵消原材料價格上漲帶來的衝擊。集團亦採取具彈性的採購策略，於相對低價位的季節大量購入原材料。另外，集團菜單選擇豐富，向消費者提供100多種食品，而每種原材料所佔銷售成本的比例不超過10%，從而有效降低原材料成本增加的影響，並有助提高集團毛利率。
另外，集團設在上海和深圳的加工廠也在不斷擴大生產線以滿足快速膨脹的連鎖餐廳之需求。目前上海工廠的生產線已增至15條，深圳工廠的生產線也達到6條。集團計劃於今後兩年內，在上海、東莞、天津及成都四個城市，分別興建四個新的生產基地。東莞生產基地第一期計劃於二零零八年上半年投產；上海及天津生產基地計劃於二零零九年第二季投產；而成都生產基地則計劃於二零零九年上半年投產。總括來說，四個新生產基地建成投產後，集團可滿足1,500家新餐廳的需求。
此外，憑藉「味千」強大的品牌知名度，本集團生產、分銷及供應「味千」品牌的包裝麵條至其連鎖餐廳，以及全國約6,000個銷售網點。截至二零零七年十二月三十一日止，包裝食品的銷售收入達約人民幣59,479,000元，佔本集團總收入6.6%。
目前，本集團已獲董事會批准，正式宣佈行使收購深圳味千的權力。深圳味千擁有的22家餐廳均位處經濟繁榮的東南部地區，併入集團後將進一步提升本集團的經營及業務能力。
展望未來，國內餐飲行業的發展形勢持續看好，北京二零零八奧運會將吸引大量海外遊客到來，為餐飲業創造更大的發展機遇。味千將抓住不斷擴大的市場機遇，發展北京市場，並繼續利用其品牌優勢，穩步迅速地擴充連鎖餐廳網路，特別計劃在中國一線城市進一步擴充現有網路及市場，並逐步向一些具高增長潛力的二線及三線城市延伸。預計到二零零八年底，餐廳總數將達到
潘女士總結道：「我們將於未來主力擴充連鎖餐廳網路，目前本集團的連鎖網路覆蓋了中國17個省及40個城市，相信於未來仍有巨大的增長空間和市場潛力。在完善加強IT系統的前提下，集團會在適當的時候逐步開展和推廣加盟業務。除了鞏固和引領快速連鎖餐廳之外，我們還會繼續留意內地新興的其他業態，尋求味千在快速休閒餐廳業務中的機會，尋找對本集團有互補，並在資金、管理、人才方面有優勢的品牌，作為我們潛在的收購合併對象，以加快集團的增長步伐並鞏固市場領導地位。味千的目標始終如一，銳意成為中國第一的快速休閒連鎖餐廳經營商，最終為股東帶來豐盛的回報。
Ajisen (China) Holdings Limited
Announces 2007 Annual Results
*** ** ***
Turnover and Profit Attributable to Shareholders
Surge by 51.1% and 88.4% Respectively
Restaurant Network Expands Rapidly
Further Enhances Brand Awareness
Financial Highlights
For the year ended 31 December |
2007 (RMB ’000) |
2006
(RMB ’000) |
Change |
Turnover |
904,353 |
598,391 |
+51.1% |
Gross Profit |
603,552 |
378,980 |
+59.3% |
Gross Profit Margin |
66.7% |
63.3% |
+3.4 pp |
Profit Attributable to Shareholders of the Company |
213,574 |
113,365 |
+88.4% |
Net Profit Margin |
24.4% |
19.2% |
+5.2 pp |
Basic Earnings per Share
(RMB cents) |
22.18 |
15.98 |
+38.8% |
(24 April 2008 – Hong Kong) Ajisen (China) Holdings Limited (“Ajisen” or the “Group”; Stock code: 00538), one of the leading Fast Casual Restaurant (“FCR”) chain operators in the PRC and Hong Kong, is pleased to announce its annual results for the year ended 31 December 2007.
During the year under review, the Group achieved significant results. The Group’s turnover reached RMB904,353,000, representing a growth of 51.1% over that of the previous year. The number of the chain restaurants increased from 120 to 210 during the year. Gross profit soared by 59.3 % from RMB379,980,000 in 2006 to RMB603,552,000 in 2007, while gross profit margin increased from 63.3% in 2006 to 66.7% in 2007. Profit attributable to shareholders of the Company enjoyed substantial growth by 88.4% to RMB213,574,000. Basic earnings per share was RMB22.18 cents (2006: RMB15.98 cents). The Board of Directors proposed to declare a final dividend of RMB5.2 cents per share for the year ended 31 December 2007 (2006:Nil).
Commenting on the satisfactory annual results, Ms. Poon Wai, founder, Chairwoman and Chief Executive Officer of the Group, said, “The expansion in operation network was the major growth driver to our remarkable results, while the popularity of the ‘Ajisen’ brand further enhanced in 2007. The booming food and beverage (“F&B”) industry has provided Ajisen with sufficient room to grow. Currently, the number of FCR chain operated by the Group had increased to 232, covering East, South, North and Central parts of China.”
“For Ajisen, the year of 2007 is satisfactory and rewarding,” said Ms. Poon, “our accomplishments have been well recognized by investors in mainland China, Hong Kong and all over the world.”
The Group was selected as a constituent of the 200-stock of Hang Seng Composite Index (“HSCI”) Series and Hong Kong Freefloat Index (“HSFI”) Series with effect from 10 September 2007. In November, the Group was ranked first among the top 50 fastest-growing Asian enterprises of the year awarded by Business Week, becoming the only enterprise engaged in F&B industry on the list. Ajisen’s IPO project was also named “2007 Best Mid-Cap Equity Deal” in December by FinanceAsia, a renowned international business publication. These achievements have demonstrated the recognition we have gained as an industry leader as well as the concern and confidence of local and overseas investors in the Group.
During the year, the Group’s nationwide chain restaurant network continued to grow rapidly, with its total number increasing to 210 as at 31 December 2007 from120 at the end of 2006. The development of the Group focused on China mainland, especially the first-tier cities with high level of modernization and strong purchasing power such as Shanghai, Beijing, Shenzhen and Guangzhou. Meanwhile, the Group has continued to extend and penetrate its restaurant business into the second- to fourth-tier cities across China, gradually developing a nationwide restaurant network spanning across the country from south to north. The Group’s restaurant network comprises 53 in Shanghai, 27 in Shenzhen, 14 in Beijing, 92 in other regions in the PRC and 24 in Hong Kong as at 31 December 2007. The Group has entered 14 new cities, including inland provincial capitals like Shenyang in Liaoning Province, Nanning in Guangxi Province, Kunming in Yunnan Province, Guiyang in Guizhou Province and Xi’an in Shanxi Province, as well as the third-tier cities like Shaoguan in Guangdong Province and Shaoxing in Zhejiang Province. During the year, Ajisen recorded same store sales growth rates of 7.3% and 2.6% respectively for its restaurants in the PRC and Hong Kong.
Whilst striving for further network expansion, the Group also aimed to improve its operational efficiency and effective cost control. During the year, the Group had upward adjusted the menu prices to offset the price inflation in raw ingredients. The Group also adopted a flexible purchasing strategy, purchasing large quantities when the price stayed in a relatively low level. In addition, the Group also provides customers with a menu of over 100 food selections, which each kind of raw ingredients accounting for no more than 10% of the total cost of sales. It not only offset the impact from price increment in raw ingredients, but also contributed to the growth in the Group’s gross profit margin.
Meanwhile, the Group’s food processing plants in Shanghai and Shenzhen have been expanding their production lines to fulfill the growing demand from chain restaurants. Currently, the number of production lines in Shanghai and Shenzhen plants increased to 15 and 6 respectively. In the following two years, the Group planned to build four new manufacturing centers in Shanghai, Dongguan, Tianjin and Chengdu. The Dongguan plant is scheduled to commence operations during the first half of 2008. The Shanghai and Tianjin production bases are scheduled to commence operations around the second quarter of 2009, while Chengdu plant is expected to be in operation in the first half of 2009. In short, the four newly built manufacturing centers once commence operation could satisfy the demand of 1,500 new restaurants.
Furthermore, leveraging on the popularity of Ajisen’s strong brand name, the Group produces, distributes and supplies “Ajisen” branded packaged noodles to its chain restaurants and approximately 6,000 sales points across the country. As at 31 December 2007, sales revenue of packaged food products totaled RMB59,479,000, accounting for 6.6% of the Group’s total revenue.
The Board of Director has recently approved and resolved to exercise the option for the acquisition of Shenzhen Weiqian. Located in the prosperous part of southeast China, the 22 restaurants of Shenzhen Weiqian will further enhance the Group’s operation and business.
Looking ahead, the developing trend of China’s F&B industry remains positive. The Beijing 2008 Olympic Games is going to attract a large number of overseas visitors to China and create huge opportunities for the F&B industry. Ajisen will capture the growing market opportunities to develop the Beijing market and utilize the renowned ‘Ajisen’ brand to expand its chain restaurant network. The Group also plans to further expand its existing networks and markets in the first-tier cities in the PRC, and gradually extend and penetrate towards the second-tier and third-tier cities with high growth potentials. The total number of restaurants is expected to reach approximately 320 by the end of 2008.
Ms Poon concluded: “Looking ahead, we will focus on expanding the chain restaurant network. Currently, the Group’s chain network covers 40 cities in 17 provinces in the PRC. We believe there are plenty of growth opportunities and market potential in the future. Subject to the improvement and enhancement of internal IT system, we will introduce and promote our franchise business gradually in due course. In addition to consolidating our leading position in the FCR industry, we will also continue to keep an eye on other business developments in the PRC, so as to capture business opportunities for Ajisen in the FCR industry. To accelerate the growth of the Group and achieve a leading position in the market, we target brands with competitive advantages in capital, management and talents complementary to the Group as potential merge and acquisition targets. Adhering to the same targets, Ajisen is committed to becoming the PRC’s No.1 FCR chain operator and, more importantly, to bringing great returns for our shareholders.”
