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.
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.
It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
PCI Technology Group's latest winning bid exceeded 1.3 billion yuan, will the situation of consecutive net losses be reversed? | Quick read announcement
1. pci technology group has recently issued multiple winning bid notices, and today after the close of trading announced that the latest winning bid exceeds 1.3 billion yuan; 2. Whether the company's continuous losses in non-net profit over the past two years are expected to be reversed is worthy of attention; 3. The fluctuation of CloudSky Technology-UW's stock price resulted in a fair value change loss of -0.267 billion yuan in the first half of the year, leading to a significant change in profit.
Overseas market demand continues to be strong, sailun group expects a year-on-year increase of about 60% in performance for the first three quarters|interpretations
①The overseas market demand remains strong, sailun group expects the company's performance in the first three quarters to increase by about 60%; ②Natural rubbers, carbon black, synthetic rubbers, and other production raw materials have all seen price increases. To cope with cost pressure, many tire companies have announced price increases for their products.
Tire semi-annual report inventory: strong demand, outstanding performance, continue to expand overseas market.
① Among the 9 listed companies in the tire industry, 8 companies have achieved growth in net income in the first half of this year due to strong market demand; ② Top companies in the industry, such as Sailun Group, Linglong Tyre, and Jiangsu General Science Technology, will continue to expand overseas production capacity in 2024 to meet the high overseas demand.