Every time we pass the AI Express, some investors ask questions on the investor interaction platform: Hello, Secretary of the Board: Recently, some netizens questioned that the company has a problem with the calculation of the total cost. For example, according to the 2020 annual report, the company’s pig breeding cost is 20.89 billion, and the commercial pigs are 11.524 million. According to the recent company introduction, the cost of each piglet is 350 yuan, so the cost of commercial piglets in 20 years is 4.03 billion yuan. The total of the two should be The total direct cost of slaughtering commercial pigs is 208.9+40.3=24.92 billion yuan. However, the operating cost listed in the 20-year annual report was 22.128 billion yuan, which was 2.792 billion yuan less than the above. Please explain why.
Muyuan shares(002714.SZ) stated on the investor interactive platform on January 11 that the operating costs disclosed in the company’s regular reports include the costs of other businesses such as the trading business and the slaughtering meat business in addition to the breeding business. The operating cost of the company’s breeding business includes the cost of piglets, breeding pigs, commercial pigs and other types of pigs sold in the year.
(Source: Daily Economic News)
Article source: Daily Economic News
Editor in charge: 43
Original title: Muyuan Co., Ltd.: The operating cost of the company’s breeding business includes the cost of piglets, breeding pigs, commercial pigs and other types of pigs sold in the current year
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