BRID Latest Report

Performance Review

Bridgford Foods (stock code: BRID) reported a total operating revenue of RMB52,545,000 on January 24, 2025, reflecting the company's operating performance during the reporting period. Despite the lack of prior data, the current total operating revenue indicates the company's sales capacity in the market.

Key Financial Data

1. The total operating revenue of RMB52,545,000 shows the company's sales capacity in the market.

2. The cumulative revenue for the first three quarters of 2024 was US$151 million, a year-on-year decrease of 11.62% from US$171 million in the same period last year.

3. The company achieved growth in high-margin products such as resistant dextrin, especially in protein bars and sports drinks.

4. The food industry is expected to maintain steady growth in 2025, especially with policy incentives, as consumer demand gradually recovers.

Peer Comparison

1. Industry-wide analysis: The food industry where Bridgford Foods is located is affected by market demand and raw material costs. In early 2025, the industry is expected to maintain steady growth as consumer demand gradually recovers, indicating increased demand for food in the market.

2. Peer evaluation analysis: Bridgford Foods' revenue in 2024 decreased year-on-year, indicating increased competition in the industry. Despite this, the company's market share for its old products remains stable and is actively expanding in new products, indicating its adaptability in the market.

Summary

This analysis shows that Bridgford Foods' total operating revenue is relatively stable, albeit a decline in 2024. The company is actively responding to new product development and changes in market demand. However, the industry is highly competitive, and market trends and consumer preferences need to be closely monitored.

Opportunities

1. Develop high-margin product lines such as resistant dextrin, protein bars, and sports drinks to meet the market's demand for healthy functional foods.

2. Further expand the B-side customer market to cope with price competition and enhance profit margins.

3. Invest actively in R&D to seize consumer preferences for convenient and healthy foods, promoting diversified development of product categories.

Risks

1. Intensified price competition may lead to further declines in operating revenue and profit margins.

2. Faster product launches in the industry may affect Bridgford Foods' market share.

3. Macroeconomic factors such as consumer confidence and economic growth uncertainty may negatively impact sales.