Pork company sales "sprint": More than 70% of the sales target completion rate exceeds 90%. December may continue to increase volume | Industry news.

① As of the end of November, over 70% of listed pork enterprises have exceeded 90% of their target for livestock output; ② Currently, smallholders and group pig farms are accelerating their output, leading to increased market supply of Pork, with limited strength in Animal Slaughter consumption, resulting in pork prices falling below 8 yuan; ③ The output of live pigs is expected to continue increasing in December.

cls.cnDec 11 02:39 ET

New hope liuhe plans to transfer equity of multiple subsidiaries and equity investees to recover cash or exceed 1 billion yuan | Summary of the announcement.

① New hope liuhe intends to sell equity in multiple subsidiaries and affiliated companies; ② The actual controller of the company's trading counterpart is Liu Yonghao, who is the same actual controller as the listed company; ③ The total trade could bring back over 1 billion yuan in cash flow for the company.

cls.cnDec 9 19:41 ET

Costs for 90% of pig enterprises have dropped to the range of 14 yuan: many companies say there is still room for cost reduction. Will profits stabilize next year? | Industry Observation

① 90% of the listed pork enterprises have reduced their costs to the range of 14 yuan per kilogram, including 5 enterprises such as Sunlon, Muyuan Foods, and Wens Foodstuff Group have reduced to the range of 13 yuan per kilogram; ② Many listed pork enterprises have indicated that there is still some room for cost reduction in the fourth quarter and next year; ③ Industry insiders believe that the cost reduction achievements have become the moat for the long-term development of pig enterprises. While helping companies expand profit margins, it also enhances the resilience of the companies against risks.

cls.cnNov 4 08:36 ET

Industry recovery and cost reduction efficiency improvement double blessings new hope liuhe debt ratio declined for two consecutive quarters | interpretations

①New Hope Liuhe achieved a net income of 0.153 billion yuan in the first three quarters, compared to a net loss of 3.858 billion yuan in the same period last year; ②The rebound of pork prices and cost reduction to increase efficiency are important factors in the company's performance improvement. The cost of fattening pigs in the company's mid-stream operation in October has dropped to 14.2 yuan/kg; ③The company's debt-to-asset ratio decreased to 70.85% as of the end of the third quarter, marking a continuous decline for two consecutive quarters.

cls.cnOct 30 09:40 ET

Zhejiang Huatong Meat Products: Turned a loss in the first three quarters, high debt ratio, planning to increase related party transactions | Financial Report Interpretation

Zhejiang Huatong Meat Products reversed losses in the first three quarters year-on-year, but the debt ratio remains high, reaching 74.42%; Zhejiang Huatong Meat Products also announced an expected increase in related trade of 80 million yuan, with 0.276 billion yuan already incurred, a 1.17 times increase compared to last year.

cls.cnOct 30 06:46 ET

Rising pork prices and decreasing costs lead to muyuan foods' performance increasing more than six times. Company Secretary Qin Jun: No need to be overly pessimistic about next year's first half pork prices | Interpretations

1. Muyuan Foods released its third quarter report, with net income increasing more than 6 times year-on-year in the first three quarters, achieving a profit of over ten billion in the third quarter; 2. In addition to the improvement in industry sentiment, the profitability of Muyuan Foods is supported by further reduction in breeding costs; 3. The Secretary to the Board, Qin Jun, believes that there is no need to be overly pessimistic about pork prices in the first half of 2025, as the company will utilize its profits to further repair its balance sheet.

cls.cnOct 29 11:36 ET