Why did Xu Xin 'escape' the leisure snack track after three squirrels inc. and bestore co.,ltd. were successively reduced by Jinri Capital?
①Today, the capital successively reduced its shareholding in three squirrels inc. and Bestore Co.,Ltd., which may stem not only from their own funding needs, but also from the more significant reason of the fiercely competitive and declining growth industry characteristics in the leisure snack industry. ②Focusing on the sinking market and emphasizing ultimate value for money, traditional snack brands are facing strategic decisions when confronted with the rise of large-scale snack stores.
The animal protection industry is under pressure, with pulike biological engineering,inc. H1 net profit falling by more than thirty percent. The pet track may become a new growth point. | Interpretations
① The net income of the animal protection industry in H1 generally declined, with Pulike Biological Engineering, Inc. declining by more than 30%, but the company's Q2 net income has narrowed compared to Q1; ② The company's pet track has made a breakthrough in H1 and may become a new growth point for future performance; ③ Looking ahead to the second half of the year, when the downstream animal husbandry industry's profits rebound, the upstream animal protection enterprises' profits will also show an upward trend.
TikTok platform shows significant growth, three squirrels inc. net profit increased by over 80% in the first half of the year | Interpretations
① Douyin channel growth rate is significant, Three Squirrels' revenue in the first half of the year increased by 75.39% year-on-year; ② Benefiting from the direct sourcing of the nut category and the self-owned supply chain, combined with a decrease in management fee rate, the company's non-GAAP net margin increased by approximately two percentage points year-on-year.
Demand improvement combined with the decrease in raw material costs, Guaibao Pet's H1 net profit increased by nearly 50% year-on-year | Financial Report Interpretation
①The domestic and international market demand is good, combined with the decrease in the cost of major raw materials, the profit ability of Guibao Pets continues to improve. In the first half of this year, the net profit of the company increased by nearly 50% year-on-year; ②The gross margin of the company increased by 7.88 percentage points compared to the same period last year, of which the gross margin of main grain increased by 12.78 percentage points year-on-year.
Average selling price declined + marine transportation costs rose, resulting in European technology's first half revenue growth without profit growth | Interpretations of financial reports
① In the first half of the year, the revenue of Zhiou Technology increased by 40.74% year-on-year, while the net income attributable to the parent company decreased by 7.73% year-on-year; ② In July, the prices of marine transportation on multiple routes continued to rise compared to the same period last year. Zhiou Technology stated that it will mitigate the risk of eroding net income from the price increase of marine transportation by adopting long-term agreements.
Net profit increased 55%-70%, and the three squirrels still had to rely on the old e-commerce business to “turn over” | Insight Research
When prices are low everywhere, price is no longer the biggest advantage.