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

Pet food is selling well, and Petpal Pet Nutrition Technology's net profit in the first three quarters has increased by more than 6 times. | Financial report interpretation

petpal pet nutrition technology's net income in the first three quarters was 0.155 billion yuan, a year-on-year increase of 630.85%; ② The company's gross margin in the first three quarters was 28.01%, an increase of 11.19 percentage points compared to the same period last year.

cls.cnOct 22 08:01 ET

Yantai China Pet Foods: Investment income increased in Q3 performance, while both selling expenses and gross margin decreased compared to the previous quarter. | Interpretations

1. yantai china pet foods Q3 performance increased significantly year-on-year, but the profit growth mainly came from investment income and government subsidies; 2. In Q3 of 2024, the company's sales expenses and gross margin both declined compared to the previous quarter, causing concerns among some investors.

cls.cnOct 21 10:05 ET

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.

cls.cnOct 10 09:57 ET

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.

cls.cnAug 29 10:37 ET

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.

cls.cnAug 28 10:32 ET