Special Treat Tianbang turned losses into profits. Director Zhang Banghui admitted: 2024 will be a year of ups and downs | Interpretations
① In 2024, ST Tianbang achieved a Net income of 1.459 billion yuan attributable to the Shareholders of the listed company, a year-on-year increase of 150.58%, marking a turnaround from losses to profits; ② Chairman Zhang Banghui expressed to investors in the annual report that 2024 is a year of ups and downs; ③ ST Tianbang's financial pressure has eased somewhat, but the crisis still exists.
Beef companies are generally under pressure, with Bright Meat Industry's net income excluding non-recurring items falling over 40% year-on-year丨Interpretations
① Guangming Meat Industry's revenue and net income have declined for two consecutive years; ② In the fourth quarter of 2024, the company's main revenue is 5.603 billion yuan, with a net income of -0.165 billion yuan for the quarter.
Brokerage Morning Meeting Highlights: Focus on low positions + resilience in the economic outlook during the consolidation period.
At today's Brokerage morning meeting, HTSC believes that the solidifying period should focus on low positions and resilient market directions; Everbright stated that downstream demand for organic silicon is steadily increasing, and the supply-demand pattern in the Industry is expected to improve; GTJA proposed that the enthusiasm for the Spring Sugar Hotel Exhibition has decreased, and the sales of Baijiu after the festival are stable.
In 2024, Muyuan Foods turns losses into profits, with fixed asset depreciation first exceeding capital expenditures丨 Interpretations.
① In 2024, Muyuan Foods achieved total operating revenue of 137.947 billion yuan and a Net income of 17.881 billion yuan; ② This year, the depreciation of fixed Assets by Muyuan Foods exceeded capital expenditures for the first time.
Private real estate companies' bond financing broke through, with bond issuance in January increasing by 8.2 percentage points compared to the previous month.
According to data released today by the China Index Academy, a total of four private and mixed-ownership real estate companies completed the issuance of credit bonds in January, namely Greentown, Hangzhou Binjiang Real Estate Group, MIDEA REAL EST, and New Hope Liuhe, with a total issuance amount of 3.9 billion yuan; Additionally, according to monitoring data from E-Han Think Tank, in January of this year, the bond issuance scale of private real estate companies accounted for 8.2% of the total issuance, an increase of 8.2 percentage points month-on-month.
The "cost battle" continues! Pork supply is expected to increase. Will pig enterprises still be able to "earn easily" this year?
① In January, many listed pig companies recorded year-on-year growth in sales revenue, with significant sales revenue increases for Tangrenshen Group and Zhengbang Technology; ② In January, pig prices dropped again, although they increased compared to the same period last year, the overall trend in the past six months has been a downward fluctuation; ③ As hog supply gradually increases, the profitability of pig companies in 2025 may be weaker than in 2024.