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Debon Securities: Policies emphasize boosting Consumer and focus on the subsequent demand recovery.
The bank recommends focusing on leading companies in sectors that have strong control over upstream and downstream supply chains, channels, and products amid fundamental changes, as well as sectors where year-round profits are likely to exceed expectations due to cost advantages.
China Shengmu Organic Milk Issues Profit Warning Amid Market Challenges
CHINA SHENGMU (01432.HK) expects an annual loss of 60 to 80 million yuan.
On February 14, Glorious reported that CHINA SHENGMU (01432.HK) announced that for the year ending on December 31, 2024, the Group expects to record a loss attributable to owners of the parent company between RMB 60 million and RMB 80 million, compared to a profit of RMB 86.1 million attributable to owners of the parent company in the same period of 2023; the Group is expected to record Cash / Money Market EBITDA between RMB 930 million and RMB 980 million during the reporting period, a decrease of approximately RMB 11 million to RMB 61 million compared to the same period in 2023. The expected loss during the reporting period is primarily attributed to
Express News | China Shengmu Organic Milk - Expected Loss Due to Decline in Sales Volume and Rev, Others
Express News | China Shengmu Organic Milk Sees Cash Ebitda Between RMB930 Mln to RMB980 Mln for Year
[Brokerage Focus] CITIC SEC indicates that the livestock Operation continues to face pressure and may welcome a new round of clearing after the holiday.
Kingwo Finance News | CITIC SEC stated that the elimination and clearance in the livestock Industry will continue to advance in 2024, with a 6.7% decrease in stock in major production areas from Q1 to Q3, and an overall raw milk production decline of 2.8% year-on-year. Due to the impact of inventory clearance in the channels after the 2024 Spring Festival, dairy companies are cautiously stocking up for the Spring Festival 2025, compounded by a weak recovery in terminal demand, with limited short-term rebound in raw milk demand. By mid-December 2024, the price of bulk milk in major production areas briefly reached a peak of 3 yuan/kg, but then quickly fell back, dropping to 2.3 yuan/kg in the first week of 2025, continuing pressure on livestock enterprises, and under the backdrop of declining milk prices, social pastures are clearly under pressure. Additionally, some
