Yantai Dadi Animal Husbandry Co., Ltd. reached operation revenues of 108 million yuan and 210 million yuan in 2015 and 2016, realizing net profits of -19.7314 million yuan and 16.5156 million yuan. Compared with large scale breeding bird companies like Yisheng and Minhe, Yantai Dadi has a relatively smaller scale, and its gross profit margin is lower than that of large scale breeding bird companies.

　　

Chicks are biological product and have strong timeliness, and there’s a positive correlation between transportation distance and the loss rate of chicks, so most breeding bird enterprises can only supply chicks for farmers in surrounding region. Yantai Dadi Animal Husbandry Co., Ltd. mainly takes Shandong province as targeted market, and over 93% operation revenue of its comes from this region, so it’s a typical regional enterprise.

Table, Operation Revenue of Yantai Dadi Animal Husbandry Co., Ltd.
Unit: 100 Million yuan

	Operation revenue in 2015	Ratio	Operation revenue in 2016	Ratio
Chicks income	1.03	95.57%	2.06	97.95%
Other business income	0.05	4.43%	0.04	2.05%
Total	1.08	100.00%	2.10	100.00%

Data sources: financial report of enterprises
Table, Comparison between Shandong Dadi Animal Husbandry Co., Ltd. and other large scale breeding bird enterprises

Corporate name	Sales revenue(100 million yuan)	Gross profit margin(%)	Net profit(%)
Shandong Yisheng Livestock&Poultry Breeding Co., Ltd.	16.11	44.95	34.75
Shandong Minhe	14.08	30.90	10.92
Shandong Dadi Animal Husbandry Co., Ltd.	2.10	23.57	7.86

Data sources: financial report of enterprises