002100 Tecon Biology Co.Ltd
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Tecon Biology Co.Ltd News
CICC: In October, pig prices continued to decline, while the number of animals slaughtered continued to increase slowly.
From October to mid-November, the pig price continues to decline, but the decline is slow and resilient, mainly due to the small increase in supply and the low acceptance of low prices by the breeding side.
Dongxing: In October, the average price of pigs has adjusted, and the profits of leading farming operations continue to be realized.
At the end of the year, the group enterprise's realization of slaughter volume on the supply side and the situation of increasing weight at the industry end are present. On the demand side, with the cooling weather and traditional consumer boost from preserved meat for the Lunar New Year, in the game of supply and demand thriving, there may be a phase of price rebound in the future.
huaan: It is expected that the enthusiasm for restocking will remain weak in Q4 2024, while pig prices in 2025 will receive strong support.
At the end of the third quarter, the average debt-to-asset ratio of listed pig companies remained high at 61.5%, and winter is a peak period for outbreaks in the north. As of now, pork prices are also lower than in Q3, and it is expected that the enthusiasm for restocking in Q4 will be weaker than in Q3, with restocking enthusiasm continuing to be sluggish.
Tecon Biology's Pig Sales Revenue Jumps 15% in October
Tiankang Biology: Briefing on pig sales in October 2024
tecon biology co.ltd (002100.SZ): hog sales revenue in October was 0.471 billion yuan, a year-on-year increase of 14.60%.
Gelonghui November 8th| tepu biology co.ltd (002100.SZ) announced that in October 2024, the company sold 0.2843 million live pigs, with a month-on-month growth of 0.92% and a year-on-year growth of 22.86%; sales revenue was 0.471 billion yuan, with a month-on-month decrease of 11.63% and a year-on-year growth of 14.60%. In October 2024, the average selling price of commercial pigs (excluding piglets and breeding pigs) was 16.91 yuan/kg, a decrease of 6.11% month-on-month. From January to October 2024, the company has accumulated sales of 2.4281 million live pigs, a 6.04% increase compared to the same period last year; accumulated sales
Costs for 90% of pig enterprises have dropped to the range of 14 yuan: many companies say there is still room for cost reduction. Will profits stabilize next year? | Industry Observation
① 90% of the listed pork enterprises have reduced their costs to the range of 14 yuan per kilogram, including 5 enterprises such as Sunlon, Muyuan Foods, and Wens Foodstuff Group have reduced to the range of 13 yuan per kilogram; ② Many listed pork enterprises have indicated that there is still some room for cost reduction in the fourth quarter and next year; ③ Industry insiders believe that the cost reduction achievements have become the moat for the long-term development of pig enterprises. While helping companies expand profit margins, it also enhances the resilience of the companies against risks.
Tiankang Biology: Report for the third quarter of 2024
Tecon Biology Co. Ltd (002100.SZ): The hog farming cost for the company in September this year was 13.91 yuan/kg
Gelonghui October 18th | tecon biology co.ltd (002100.SZ) stated on the investor interaction platform that the hog farming cost of the company in September this year was 13.91 yuan/kg.
Tiankang Biology: Briefing on pig sales in September 2024
Strong Week for TECON BIOLOGYLTD (SZSE:002100) Shareholders Doesn't Alleviate Pain of Five-year Loss
Tecon Biology Grows August Pig Sales Revenue on Higher Prices
Tecon Biology Co.Ltd (002100.SZ): In August, hog sales revenue reached 0.458 billion yuan, a year-on-year increase of 10.36%.
On September 9th, GeLongHui reported that Tecon Biology Co. Ltd (002100.SZ) announced that in August 2024, the company sold 0.2395 million heads of live pigs, with a month-on-month increase of 8.22% and a year-on-year decrease of 6.66%; sales revenue was 0.458 billion yuan, with a month-on-month increase of 13.93% and a year-on-year increase of 10.36%. In August 2024, the average selling price of commercial pigs (excluding piglets and breeding pigs) was 19.03 yuan/kg, an increase of 8.06% compared to the previous month. From January to August 2024, the company accumulated sales of 1.8621 million live pigs, a 2.20% increase from the same period last year; cumulative sales revenue was 31 billion yuan.
Investors Holding Back On TECON BIOLOGY Co.LTD (SZSE:002100)
GF Securities: The high prosperity of the pig industry is expected to continue. Pay attention to the positive increase in aquatic seedling investment in the third quarter.
The average price of live pigs in August continues to rise, and with the gradual arrival of the peak consumption season after September, pig prices are expected to continue to remain strong. The late August and early September batch of piglet stocking volumes have increased significantly compared to the same period last year, and the subsequent off-season stocking is expected to continue this trend.
Tiankang Biology: 2024 Semi-Annual Report Summary
Tiankang Biology: 2024 Semi-Annual Report
Tecon Biology Co., Ltd. (002100.SZ) released its performance for the first half of the year, turning its loss into a profit of 0.277 billion yuan.
Tecon Biology Co.Ltd (002100.SZ) released its semi-annual report for 2024, during the reporting period, the company achieved revenue...
Tecon Biology Co., Ltd (002100.SZ): net income of 0.277 billion yuan in the first half of the year, turning losses around compared to the same period last year.
Tecon Biology Co.Ltd (002100.SZ) announced its half-year report for 2024, with revenue of 7.993 billion yuan for the reporting period, a year-on-year decrease of 10.82%; net income attributable to shareholders of the listed company was 0.277 billion yuan, turning losses into profits year-on-year; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.27 billion yuan; and basic earnings per share was 0.20 yuan.
Tecon Biology Co. Ltd. (002100.SZ): The complete cost of hog farming in July was 14.75 yuan/kg.
Tecon Biology Co. Ltd (002100.SZ) stated on the investor interaction platform on August 20th that the complete cost of hog farming in July was 14.75 yuan/kg.
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