New Hope Dairy (002946.SZ) received an Equity Transfer payment of 29.7 million yuan.
New Hope Dairy (002946.SZ) announced that on December 31, 2024, the company received a report from Grassroots Knowledge about...
Express News | New Hope Dairy: Some subsidiaries have begun operating through WeChat mini-store channel business.
GTJA's Consumer investment outlook for January 2025: The peak season is approaching, and improvement is expected.
It is expected that the consumption data in January will significantly improve due to a low base and the impact of the Chinese New Year being staggered. New channels and new categories resonate, accelerating innovation in Consumer.
New Hope Dairy (002946): Firm strategic direction to enhance profitability.
The main Business operation is stable, and the Global Strategy planning is clear and firm: In 2025, the company will continue to advance according to the five-year strategic planning direction, where the low-temperature business of the eastern subsidiary is growing well and is expected to lead the overall growth rate; the temperature business in the western region accounts for a higher proportion, along with the end.
Regulatory violations in information disclosure, New Hope Dairy and several senior executives received warning letters, and the aftermath of large-scale mergers and acquisitions is becoming apparent.
The improper timing of the goodwill impairment test resulted in New Hope Dairy receiving a warning letter.
Express News | New Hope Dairy: Received the administrative regulatory measures decision notice from the SiChuan Securities Regulatory Bureau.
Huachuang Securities: The logic of improvement gradually unfolds, maintaining a neutral outlook on the possibility of a reversal in milk prices in Q3 2025.
First, after the Spring Festival, the destocking during the off-season is expected to accelerate, and then the raw milk cycle is expected to reverse in Q3 of 2025.
New Hope Dairy (002946.SZ): Currently, the source structure of milk is relatively stable, with self-owned farms accounting for about 30%.
Gelonghui, December 17th丨New Hope Dairy (002946.SZ) recently stated in an investor relations activity that the company's current milk source structure is relatively stable, with its own farms accounting for about 30%, strategic investments in shareholding farms also about 30%, and large-scale social farms and cooperatives accounting for about 40%; in the future, it hopes to maintain this ratio to ensure the execution of the "Fresh Cube Global Strategy."
New Hope Dairy (002946): Demand under temporary pressure, profitability improvement exceeded expectations
The event describes new hope dairy's release of the third quarter report for 2024. The company's total operating income for 2024 Q1-3 was 8.15 billion yuan (-0.54% year-on-year); net income attributable to equity holders was 0.474 billion yuan (+24.37% year-on-year), excluding non-recurring items.
new hope dairy (002946) 2024 third quarter report review: Q3 performance increased by 23%, low temperature category performed well.
The company announced the third quarter report for 2024. In the first three quarters of 2024, the company achieved total revenue of 8.15 billion yuan (-0.54%), net income attributable to the parent company of 0.474 billion yuan (+24.37%), net income attributable to non-parent company
New Hope Dairy (002946) review: The downward trend in raw milk prices is releasing cost dividends, and the main business is operating steadily.
Event: The company released the third quarter report of 2024. According to the company's announcement, the company achieved total operating income of 8.15 billion in the first three quarters of 2024, a year-on-year decrease of 0.54%, net income attributable to the parent company was 0.474 billion, an increase of 24.4% year-on-year.
New Hope Dairy (002946): Continuously refining the global strategy, the main business is stable and profitable.
Event: The company announced that in the first three quarters of 2024, it achieved revenue of 8.15 billion yuan, -0.5% year-on-year; net income attributable to parent company of 0.47 billion yuan, +24.4% year-on-year; non-net income attributable to parent company of 0.51 billion yuan, +29.5% year-on-year.
New Dairy: Report for the third quarter of 2024
new hope dairy (002946.SZ): net income of 0.474 billion yuan in the first three quarters, a year-on-year increase of 24.37%.
Gelonghui on October 30th: New Hope Dairy (002946.SZ) released the third quarter report for 2024, in the first three quarters of 2024, the company achieved revenue of 8.15 billion yuan, a decrease of 0.54% year-on-year; net income attributable to shareholders of the listed company was 0.474 billion yuan, an increase of 24.37% year-on-year; net income after deducting non-recurring gains and losses was 0.507 billion yuan, an increase of 29.50% year-on-year; basic earnings per share was 0.55 yuan per share.
Galaxy Securities: Policy support helps improve demand, expected to drive milk prices to rebound.
On September 26, the Ministry of Agriculture and Rural Affairs, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Finance, the People's Bank of China, the State Administration for Market Regulation, and the China Banking and Insurance Regulatory Commission jointly issued the "Notice on Promoting the Stable Development of Beef Cattle and Dairy Cattle Production", deploying the stable production of beef cattle and dairy cattle to help breeding farms overcome difficulties.
Haitong Securities' special report on the food industry: demand under pressure in the first half of the year, with some structural differentiation.
Due to factors such as the overall slowdown in domestic consumer growth, the downward trend in milk prices, and the impact of an oversupply in the dairy market, the industry's total revenue declined in the first half of 2024. The snack food sector, however, showed relatively good income performance, but overall business sentiment declined.
Is the "aftermath of expansion through mergers and acquisitions" of New Hope Dairy becoming apparent?
Can the development be stabilized by low-temperature milk? "Investor Network" Han Yijia dairy industry is facing a new round of tests. Li Shengli, vice president of China Dairy Industry Association, once shared data that in 2023, China's fresh milk surplus exceeded 2 million tons, and the industry's loss exceeded 80%. According to data from the National Bureau of Statistics, China's milk production reached 41.97 million tons in 2023, an increase of 6.7% compared to the previous year, achieving the goal of the "14th Five-Year Plan" two years ahead of schedule. However, per capita consumption of dairy products in 2023 decreased by 1.7 kilograms from the previous year, and the price of dairy products decreased by 4%. Recently, New Hope Dairy (hereinafter referred to as "New Hope Dairy") announced
Express News | Focus on investment opportunities in the dairy product and soft drink sectors, according to Founder Securities.
Soochow Securities: Profit of condiment sector under pressure in the first half of the year, but performance of compound seasoning is relatively good. Profit deterioration due to weak demand for dairy products.
Due to factors such as weak dining demand and intensified industry competition, the overall growth of basic condiment revenue in 24H1 is weak. Leading company Haitian (603288.SH) achieved high single-digit revenue growth in 2024H1 due to successful channel reform and adjustment.
Express News | Soochow Securities: Paying close attention to changes in supply and demand in the dairy product industry.