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. The cost of 90% of the listed pig companies has dropped to the range of 14 yuan per kilogram, including five companies such as Sunlon, Muyuan Foods, and Wens Foodstuff Group, which have dropped to the range of 13 yuan per kilogram; 2. Several listed pig companies 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 a moat for the long-term development of pig companies, helping companies expand their profit margins and enhance their risk resistance capabilities.

cls.cnNov 4 21:36

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

①Yuan Longping High-Tech Agriculture achieved revenue of 0.299 billion yuan in Q3, a decrease of 60.27% year-on-year, with a net loss of 0.587 billion yuan, an increase of 40.49% year-on-year; ②Intensified competition in the corn seed industry is the main factor contributing to the company's revenue decline; ③As 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 31 00:45

Pork prices rise, listed pig companies enter "profit-making mode", beijing dabeinong technology group Q3 enters the peak of annual profit | 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, with 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 tracks of pig production and seed industry performance support.

cls.cnOct 14 21:18

Yuan Longping High-tech Agriculture's H1 turned losses into profits year-on-year, but high operating expenses and debt ratio remain high. The road to "streamlining" still faces challenges. Interpretation of the financial report.

①Yuan Longping High-tech Agriculture achieved a net income of 0.111 billion yuan in the first half of the year, turning losses into profits year-on-year; ②After deducting non-recurring items, the company's losses have expanded, and the investment income generated from the disposal of part of the equity of Yuan Longping Biology in the first half of the year was 0.34 billion yuan; ③During the period, the company's expenses showed a certain increase compared to the same period last year, and the debt ratio increased slightly compared to the end of last year.

cls.cnAug 28 21:06

Beijing Dabeinong Technology Group reversed its loss to profit in Q2 as the pig cycle rose. The dual tracks of seed and pig may become the performance support point in H2. Interpretation of financial report.

①The upturn of the pig cycle has greatly reduced the losses of Beijing Dabeinong Technology Group in the first half of the year, and turned losses into profits in Q2 single quarter. ②Affected by the overall downturn of the fodder industry, the company's fodder sales volume decreased by 8.92% year-on-year during the reporting period. ③The pig market is expected to remain high in the second half of the year, and the company's seed profits will also be reflected in the second half of the year. The dual-track strategy will bring support to the performance of H2.

cls.cnAug 22 22:32

Five departments deepen the revitalization of the seed industry. Leading seed companies are expected to see accelerated market share growth.

The People's Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, the Ministry of Finance, and the Ministry of Agriculture and Rural Affairs have issued a notice on learning and using the experience of the "Ten Million Project" and strengthening financial support for the comprehensive revitalization of rural areas. It proposes to deepen seed industry revitalization and agricultural technology financial services, support seed industry enterprises that meet the conditions to go public, list financing, and refinancing.

cls.cnAug 6 08:11