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

Corn seed industry competition intensifies, yuan longping high-tech agriculture Q3 net loss expands by 40% year-on-year | Interpretations

① Yuan Longping High-Tech Agriculture achieved revenue of 0.299 billion yuan in Q3, a year-on-year decrease of 60.27%, with a net loss of 0.587 billion yuan, an increase of 40.49% compared to the same period last year; ② The intensifying competition in the corn seed industry is the main factor leading to the company's declining revenue; ③ As of the end of the third quarter, the company's contractual liabilities amounted to 3.87 billion yuan, an increase of 14.8% year-on-year.

cls.cnOct 30 12:45 ET

Higher pork prices have enabled listed pig enterprises to enter a "profit-making mode", with Beijing Dabeinong Technology Group's Q3 achieving the peak of annual profits.|interpretations

①Supported by the rise in pork prices, Beijing Dabeinong Technology Group expects to achieve a net income of 2.8 billion-3.2 billion yuan in Q3, a year-on-year growth of 308.4%-338.17%; ②Some industry insiders believe that the breeding sector may continue to maintain reasonable profitability in Q4, and Beijing Dabeinong Technology Group may benefit from the dual-track performance support of the hog and seed sectors.

cls.cnOct 14 09:18 ET

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.

cls.cnAug 28 09:06 ET

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.

cls.cnAug 22 10:32 ET

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

證券之星Sep 16, 2021 03:05 ET