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Petpal Pet Nutrition Technology Co., Ltd.'s (SZSE:300673) Most Bullish Insider Is CEO Zhen Biao Chen, and Their Holdings Value Went up by 11% Last Week
Donghai Securities: "november 11 shopping festival-related" pet food performance is impressive. The leader is strong and continues to be strong.
In September 2024, China's pet food export volume was 0.0256 million tons, a year-on-year increase of 5.47%; the export value was 0.124 billion US dollars, a year-on-year increase of 11.04%. The export volume and export value of pet food have maintained rapid year-on-year growth since the beginning of this year, continuing to show growth in September due to last year's low base effect.
Central China: Pig prices are running weakly, while the pet data during singles' day sales continues to grow.
Central China Securities released research reports stating that the industry's pe and pb are both lower than the historical valuation center, at a relatively low level, and are expected to see a valuation rebound in the future, maintaining an investment rating of "stronger than the market" for the industry.
Shenwan Hongyuan: Focus on the theme of food security, focusing on the planting industry, hog farming, and pet food across multiple sectors.
According to statistics from 37 listed companies tracked by Shenwan Agriculture, Forestry, Animal Husbandry and Fisheries, the total net income attributable to mothers in Q3 2024 was 18.4 billion yuan, a year-on-year increase of +358%, with hog farming and pet food performance growth leading the way.
Petpal Pet Nutrition Technology (300673.SZ): With the advancement of singles' day sales promotion, JuYan duck jerky is expected to become the first super popular product in the industry to break one billion in sales.
October 25, Petpal Pet Nutrition Technology (300673.SZ) stated at an investor relations event that, in this year's "singles' day sales" "Pre-Sale" event, Jueyan final payment exceeded 10 million RMB on Tmall platform within the first 4 hours, topping the snack list on various platforms, with a surge in user reputation for air-dried staple food. With the promotion of the "singles' day sales", Jueyan duck jerky is expected to become the industry's first super blockbuster snack product to break the billion mark. The highly quality staple products from New Zealand, which are highly anticipated, will be continuously adjusted according to market demands in China. The proprietary brand will continue to innovate with new products, such as Jueyan's main.
Results: Petpal Pet Nutrition Technology Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates
