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Zheshang: Xiaohongshu is welcoming overseas traffic, and pet brands are expected to seize the opportunities for going abroad.
Leveraging the inherent "grass-planting gene" advantage of Xiaohongshu, the pet Industry is expected to seize the business opportunities arising from the new trend.
Zhongchong Co., Ltd.: 2024 performance forecast
Yantai China Pet Foods (002891.SZ): The net income for 2024 is expected to increase by 54.40%-71.55%.
On January 16, GELONGHUI reported that Yantai China Pet Foods (002891.SZ) announced its performance forecast for 2024. The net income attributable to shareholders of the listed company is expected to be 0.36-0.4 billion yuan, an increase of 54.40%-71.55% compared to the same period last year; the net income after excluding non-recurring gains and losses is forecasted to be 0.32-0.37 billion yuan, an increase of 42.26%-64.49% compared to the same period last year; the basic EPS is projected to be 1.2240-1.3600 yuan/share. The company insists on focusing on the construction of its own brand, wanpy, New Zealand ZEAL, and Toptrees leading.
Yantai China Pet Foods' (SZSE:002891) Five-year Earnings Growth Trails the 17% YoY Shareholder Returns
The "Hot Cute Pets" initiative reactivates shelved projects, and Yantai China Pet Foods re-evaluates and continues the implementation of the annual 0.06 million tons pet food project | Quick read announcement.
① Yantai China Pet Foods announced that it has re-evaluated the "annual production of 0.06 million tons of high-quality pet dry food project" and will continue to implement it; ② The Pet Economy is booming, with the urban canine and feline consumer market scale in China soaring by 7.5% in 2024, breaking 300 billion yuan; ③ Yantai China Pet Foods achieved a Net income of 0.282 billion yuan in the first three quarters of 2024, a year-on-year increase of 59.54%.
Yantai China Pet Foods (002891.SZ): Overseas subsidiaries and export business are still expected to maintain stable growth in Q4.
Gelonghui on November 20 reported that yantai china pet foods (002891.SZ) recently stated in an investor relations activity that its overseas subsidiaries and export business will maintain stable growth in Q4. In the overseas subsidiary business, the USA factory completed its technical transformation in Q3, and normal production levels will resume in Q4. The orders for the Canadian factory in Q3 and Q4 are sufficient, and there are expectations for stable growth. Overall, the company's overseas business layout is reasonable, and the global supply chain layout both overseas and domestically enables the company to have strong risk resistance, with ample order demand, which will generally support the company's performance.
Here's What To Make Of Yantai China Pet Foods' (SZSE:002891) Decelerating Rates Of Return
