02419 DEKON AGR
- 52.950
- -0.050-0.09%
DEKON AGR News
Dekon Food and Agriculture Group (HKG:2419) Insiders Have Significant Skin in the Game With 53% Ownership
Key Insights Dekon Food and Agriculture Group's significant insider ownership suggests inherent interests in company's expansion The top 4 shareholders own 52% of the company Ownership research, c
HK stocks' movement | Dekang Agriculture and Animal Husbandry (02419) rose nearly 8%. The company's cost improvement combined with the recent rise in pig prices is expected to lead its ROE level in the industry.
According to the Zhitong Finance App, DeKang Agriculture and Animal Husbandry (02419) rose nearly 8%, as of the time of publication, rising 7.98% to HKD 55.45, with a turnover of HKD 3.24 million. On the news front, according to the Ministry of Agriculture and Rural Affairs, the average price of piglets in May was CNY 38.70/kg, up 5.38% month-on-month and up 6.04% year-on-year. In May, the hog farming industry of 15 listed companies collectively raised 12.57 million pigs, a decrease of 0.03% year-on-year. In addition, experts said that the national average price of pigs per kilogram in the second week of June was CNY 18.41, compared to March.
Hong Kong stock concept tracking: Abnormal El Niño phenomenon, institutions concerned about the impact of climate on agriculture and animal husbandry farming industry. (Attached concept stocks)
Major breeding enterprises have achieved profits in May, and it is expected that the pig price will continue to show an upward trend with fluctuations in the future.
CICC: Maintains Dehong livestock (02419) "outperform" rating, and raises the target price to HKD 66.
CICC raised its forecast for DeKang Agriculture and Animal Husbandry's net income in 2024 from 1.2 billion yuan to 2.6 billion yuan, while maintaining its forecast for net income in 2025 at 3.8 billion yuan.
Huachuang Securities: White chicken prices picked up in April, and the sector may be profitable or ushered in a turning point
The Zhitong Finance App learned that Huachuang Securities released a research report believing that the chicken cycle is coming. From a long-term perspective, the cost performance ratio and economic advantages of white chicken as the animal protein with the lowest feed-to-meat ratio will be further reflected, and the long-term growth of the industry has been highlighted; on the other hand, the size of leading companies has clearly expanded compared to the previous cycle, and the ability to redeem profits in this cycle is expected to increase significantly compared to the previous cycle. Industrial chain profits are concentrated in the upstream seedling chain, and advantageous breeding companies may obtain excess profits. According to the Association's monthly report, only 179,900 units were imported (accounting for 41%) of the ancestral renewal volume in January-April, and imports accounted for
Why We're Not Concerned About Dekon Food and Agriculture Group's (HKG:2419) Share Price
When close to half the companies in the Food industry in Hong Kong have price-to-sales ratios (or "P/S") below 0.6x, you may consider Dekon Food and Agriculture Group (HKG:2419) as a stock to potentia
CICC: Pig prices may start to rise, and pig companies' balance sheet recovery has entered a critical period
From an enterprise perspective, the current financial pressure on pig companies has reached a historical extreme, and the period of rising pig prices is a critical window for balance sheet repair. From an investment perspective, the current round of the market did not beat pig prices; the inflection point on the right side of pig prices is a key catalyst.
Zhitong Hong Kong Stock Investment Calendar | May 7
Hong Kong Stock Investment Calendar | May 7, 2024
The ban on restricted shares is about to be lifted. Dekang Agriculture and Animal Husbandry (02419) will need to repay nearly 4 billion interest-bearing loans within the year
Can the fundamentals of Dekang Agriculture and Animal Husbandry withstand the potential challenge of lifting the ban on restricted shares?
德康農牧：2023年年度報告
Here's Why Dekon Food and Agriculture Group (HKG:2419) Can Afford Some Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when
Changes in Hong Kong stocks | Dekang Agriculture and Animal Husbandry (02419) reversed the market by more than 9%, CCIC says the new model is expected to achieve asset-light, low-cost, and highly elastic expansion
The Zhitong Finance App learned that Dekang Agriculture and Animal Husbandry (02419) reversed the market and rose by more than 9%. As of press release, it had risen 7.99% to HK$51.35, with a turnover of HK$3.438,900. According to the news, Dekang Agriculture and Animal Husbandry previously announced its annual results. The group obtained revenue of RMB 16.155 billion, an increase of 7.44% over the previous year; losses attributable to the company's equity shareholders amounted to RMB 1,775 million, compared with profit of RMB 993 million in the same period last year; and a loss of 4.88 yuan per share. CICC pointed out that in 2023, the number of pigs released increased by 30% to 7.08 million heads, maintaining a relatively rapid growth trend; high-quality breeding pigs and efficient management of dividends
CICC: Maintaining the Dekang Agriculture and Animal Husbandry (02419) “Outperform the Industry” rating target price of HK$60
CICC maintained Dekang Agriculture and Animal Husbandry (02419)'s net profit forecast for 2024/25 of $1,44/3.81 billion.
Dekon Food and Agriculture Group Swings to Loss in 2023
Dekon Food and Agriculture Group (HKG:2419) swung to a loss attributable to the equity shareholders of 1.75 billion yuan in 2023, from an attributable profit of 992.9 million yuan in 2022, according t
Changes in Hong Kong stocks | Dekang Agriculture and Animal Husbandry (02419) has risen by more than 4%, and pig prices have recently shown a volatile upward trend. Institutions say secondary fattening is driving the upward trend
Dekang Agriculture and Animal Husbandry (02419) rose by more than 4% and rose 4.34% at press time to report HK$50.5, with a turnover of HK$2.41 million.
Dekang Agriculture and Animal Husbandry (02419) announced annual results. Shareholders should have accounted for losses of 1,775 billion yuan in year-on-year profit and loss
Dekang Agriculture and Animal Husbandry (02419) announced the results for the year ended December 31, 2023. The group received revenue...
Decon Agriculture and Animal Husbandry (02419.HK)'s 2023 revenue of 16.155 billion yuan increased 7.4% year-on-year
Gelonghui, March 25 | Dekang Agriculture and Animal Husbandry (02419.HK) announced that in 2023, the company's revenue was RMB 16.155 billion, an increase of 7.4% over 2022, mainly due to the increase in revenue from the pig sector. The company recorded a loss of RMB 1,279 million before the fair value adjustment of biological assets in 2023, and profit of RMB 605 million before the fair value adjustment of biological assets in 2022. Mainly due to the sharp drop in pig prices in 2023, the average selling price decreased by 19.4% compared to the same period in 2022, and the average selling price of commercial chicken decreased by about
DEKON AGR: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Dekon Food and Agriculture Flags Swing to Net Loss For 2023
Dekon Food and Agriculture (HKG:2419) expects to book a net loss of up to 2 billion yuan for 2023, compared with a net profit of 909.8 million yuan in the year-ago period, according to a filing with t
Dekon Food & Agriculture: Losses From Changes in Fair Value of Biological Asset Hurt Results
Dekon Food & Agriculture: Losses From Changes in Fair Value of Biological Asset Hurt Results
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