Yuan Longping High-Tech Agriculture's H1 turned losses into profits year-on-year, but high three expenses and debt ratio still face challenges on the 'slimming' road. | Interpretations
①Yuan Longping High-tech Agriculture achieved a net income of 111 million yuan in H1, turning losses into profits year-on-year; ②After deducting non-recurring items, the company's losses are expanding, with investment income from the disposal of part of the equity of Yuan Longping Biology in the first half of the year amounting to 340 million yuan; ③During the period, the company's expenses increased compared to the same period last year, and the debt ratio also slightly increased from the end of last year.
Beijing Dabeinong Technology Group turned its losses into profits in Q2 of the pig cycle, and the dual tracks of breeding and pigs may become a support point for H2 performance.|Interpretation of financial statements
① With the upward impact of the pig cycle, Beijing Dabeinong Technology Group significantly reduced its losses in the first half of the year and turned losses into profits in the second quarter; ② Hindered by the overall downturn in the fodder industry, the company's fodder sales volume decreased by 8.92% year-on-year during the reporting period; ③ The pig market in the second half of the year is expected to remain at a high level, and the company's seed profits will also be reflected in the second half of the year. The dual-track development strategy will provide support for H2 performance.
Comments: lithium stocks fell and stopped, A shares encountered "Black Thursday"
Today, the three major A-share indexes collectively closed down, of which the Prev index fell 1.34%, the Shenzhen index fell 1.91%, the gem index fell 2.24%, and northward funds sold 3.014 billion yuan net throughout the day, of which Shanghai Stock Exchange bought 146 million yuan and Shenzhen Stock Exchange sold 3.16 billion yuan. On the disk, lithium batteries, salt lake lithium extraction, photovoltaic, energy storage and other plates led the decline. In the upstream and downstream plates of lithium electricity, Tianqi Lithium Industry, Ganfeng Lithium, Tibet Everest, Tibet Mining, Huazi Science and Technology, Salt Lake shares fell by the limit; in the photovoltaic plate, CNC, Qibin Group fell by the limit, and Jinbo shares fell by more than 11%; in the energy storage plate
An article detonates the seed industry sector will usher in a great opportunity
On September 8, seed stocks rose rapidly after noon. By the close, Longping Hi-Tech was up nearly 8%, Tsuen Yin Hi-Tech, Shennong Science and Technology, and Dunhuang seed Industry were up more than 5%, and Denghai seed Industry, Agricultural Development seed Industry, and Fengle seed Industry were up more than 4%. In the news, the Farmers' Daily published a signed article entitled "go all out to promote the Revitalization of the seed Industry" by Tang Renjian, director of the Agricultural Office of the CPC Central Committee and secretary of the leading party group of the Ministry of Agriculture and Village. The article points out that the revitalization of the seed industry has shifted from research planning to full implementation. The state will implement major biological breeding projects. The article said that the central government is about to issue a "plan of action." And said that this is following the introduction of Guan Guan in 1962.
Comments: the three major indices of A shares rise and fall differently. The concept of the universe skyrocketed and the power stocks set off a wave of stoppage.
On Wednesday, Sept. 8, the three major A-share indexes closed mixed, with the Prev and Shenzhen Composite Index closing almost flat, while the gem closed down nearly 1% at 3219.95 points. In terms of funds, northward capital showed an outflow trend, with a net outflow of more than 1.6 billion yuan, breaking the trend of net inflows for 12 consecutive days. The turnover on the Shanghai and Shenzhen stock markets exceeded 1 trillion yuan for the 36th consecutive trading day. On the market, affected by the good news, the electric power sector led the rise, while 10 shares such as Ningbo Energy and Silver Star Energy rose by the daily limit. Meta-Universe concept stocks continued to be active, and the plate as a whole soared by more than 15%. Zhongqingbao rose by the daily limit for the second day in a row; the seed sector suddenly broke out in the afternoon.
Xin'an shares plan to transfer 12.31% of Yingtai's shares to 800 million, making it its second largest shareholder.
On September 6th, Capital Bang learned that A-share company Xin'an shares (600596.SH) was transferred part of Yingtai Biological shares. On June 9, 2021, Xin'an signed a Strategic Cooperation Agreement with Huabang Life and Health Co., Ltd. (hereinafter referred to as: Huabang Health) and Beijing Yingtai Jiahe Biotechnology Co., Ltd. (hereinafter referred to as: Yingtai Biological). The parties agreed in the agreement to use Yingtai Biological as the cooperation platform. To establish a comprehensive and in-depth strategic partnership in the areas of agrochemical and transgenic product layout, industrial chain expansion, market and channel coordination, so as to promote all parties.