In the first year of listing, three squirrels handed over disappointing annual report performance forecasts.

In recent years, there are many leisure snack vendors flocking to A-share market, among which three squirrels, as leisure snack vendors, stand out. Established in 212, this enterprise in Wuhu City, Anhui Province has successfully grown bigger and stronger by selling nuts and other snacks in major domestic e-commerce channels, and obtained financing shares from IDG Capital and Today Capital, and in April 217, it opened the curtain of sprinting A-share listing.

in the initial IPO prospectus, three squirrels revealed that the company achieved net profit of 8,973,9 yuan, 237 million yuan and 32 million yuan from 215 to 217 respectively, and its performance increased significantly. Although it was suspended for two times by the CSRC, the company finally succeeded in IPO on the Growth Enterprise Market of A shares in July last year, raising about 6 million yuan to embark on the second journey of rapid development and achieve further growth.

However, as the company's first annual report after listing, the "219 Annual Performance Forecast" disclosed by the three squirrels recently disappointed investors. According to the announcement, the three squirrels expect the net profit attributable to shareholders of listed companies to be 23 million yuan to 28 million yuan in 219, down 8% to 24% compared with the same period of last year.

It's only about half a year since the three squirrels went on the market. Before that, in 218, although the high growth of the three squirrels stopped, they were able to hand over the report card with a net profit of 34 million yuan, with a year-on-year increase of .61%.

as for the reasons for the decline in performance, the three squirrels can be mainly attributed to two aspects in the announcement: first, other income in this period is expected to decrease by 2-3 million yuan compared with the same period of last year, mainly because the company received less subsidies in 219 than the same period of last year; Second, during the "Three Squirrels" period in 219, through the strategies of product upgrading, strengthening marketing and omni-channel, we gained new users and expanded market share, which led to an increase in expenses and affected the current profits.

It is worth noting that the three squirrels also achieved a net profit of about 296 million yuan in the first three quarters of 219, up by 1.4% year-on-year, of which the net profit in the third quarter was 29.21 million yuan, down by 5.95% year-on-year. The annual profit forecast for this performance is 23 million yuan to 28 million yuan, which also means that in the fourth quarter of 219, even though there are big e-commerce promotion festivals such as Double Eleven and Double Twelve, At that time, the three squirrels also claimed that the omni-channel sales of the Double Eleven activities exceeded 1.49 billion yuan. In December last year, they even disclosed the Announcement of Voluntary Information Disclosure on Omni-channel Turnover Exceeding 1 billion yuan, which made people look forward to the company's performance in 219. However, in the end, the three squirrels failed to achieve progress (profit) and reversed the performance decline in the third quarter. Instead, they experienced further retrogression (performance loss).

The three squirrels have been sought after by a lot of funds since the IPO landed in the A-share market in July last year. At present, the three squirrels are as high as 61.55 yuan/share in the A-share market, with a total market value of 24.682 billion yuan, far ahead of the leisure snack vendors in the same industry, such as Yanjinpu and Laiyifen, and can be called the leading leisure snack e-commerce enterprise in China. However, as soon as the 219 performance forecast comes out, such a decline in performance is likely to make people worry about the future performance of the three squirrels, and the stock price of the secondary market is also under pressure.