The "breeding heat" has led to an increase in piglet prices, listed pig companies are increasing piglet sales, and pasture companies are emerging丨Industry dynamics.
① Recently, the price of piglets has risen for three consecutive weeks, leading listed pig enterprises to increase piglet sales; ② Currently, breeding sows are being concentrated in listed pig enterprises and group pig enterprises, while smallholders mainly focus on piglet fattening and secondary fattening, and free-range farming companies are on the rise.
Tianfeng: The recent two rounds of hog cycle have sufficient reduction and production capacity is expected to fluctuate and decrease in the long term.
In 2025, with pig prices remaining low, costs difficult to decline or even increasing, and potential disruptions from the epidemic, the ease of capacity reduction and the difficulty of resuming production may increase again, and long-term capacity is still expected to fluctuate and reduce.
Dongxing Securities: In February, the supply of live pigs exceeded demand, and the average price declined. Pay attention to changes in breeding costs.
In February, after piglet prices rose to a high level, they corrected; after a significant price increase, the cost of restocking rose, and the sentiment for restocking piglets was average, with some farmers shifting to two-stage breeding. If the pressure of breeding costs intensifies, the industry's backward production capacity is expected to be accelerated in decommissioning, which may help alleviate the supply and demand contradiction by the end of 2025 and the beginning of 2026.
Tecon Biology Co.Ltd (002100.SZ): Currently not involved in pet fodder.
On March 10, Glorious Exchange reported that Tecon Biology Co.Ltd (002100.SZ) stated on the investor interaction platform that the company's main Business is currently focused on Fodder, animal health, Hog Farming, and Processing of Agricultural Products. The Pet Food Industry has developed rapidly in recent years, and there is significant market potential. The company will evaluate the feasibility of entering the pet food sector based on market demand and its own Global Strategy, considering various factors. However, the company has not yet ventured into the Pet Food sector.
Tecon Biology Co.Ltd (002100.SZ): Has not engaged in direct business cooperation with DeepSeek.
On March 10, according to Gelonghui, Tecon Biology Co.Ltd (002100.SZ) stated on the investor interaction platform that as of now, the company has not engaged in direct Business cooperation with DeepSeek. The company has always maintained an open cooperation attitude, continuously closely monitoring the development and application of cutting-edge Technology, and exploring potential cooperation opportunities with Technology companies in areas such as smart breeding, disease warning, and supply chain management, in conjunction with its own industry needs.
Tecon Biology's Pig Sales Revenue Jumps 57% in February
Tiankang Biology: Briefing on pig sales in February 2025
Tecon Biology Co.Ltd (002100.SZ): In February, Hog Sale revenue was 0.383 billion yuan.
On March 7, Gelonghui reported that Tecon Biology Co.Ltd (002100.SZ) announced that in February 2025, it sold 257,900 live pigs, with sales declining 13.46% month-on-month and increasing 65.32% year-on-year; sales revenue was 0.383 billion yuan, with a month-on-month decrease of 8.37% and a year-on-year increase of 56.97%. In February 2025, the average selling price of commodity pigs (excluding piglets and breeding pigs) was 13.52 yuan/kg, down 8.59% from the previous month. From January to February 2025, the company sold a total of 556,000 live pigs, an increase of 43.26% compared to the same period last year; cumulative sales revenue 8.
Tecon Biology Co.Ltd (002100.SZ): Terminate some fundraising projects and permanently supplement working capital with the raised funds.
On March 6, Gelonghui reported that Tecon Biology Co.Ltd (002100.SZ) announced that the Board of Directors agreed to terminate the investment project for the private placement of stocks, "Gansu Tecon Animal Husbandry Technology Co., Ltd.'s construction project for the breeding of 300,000 piglets and the fattening of 200,000 pigs," and will transfer the remaining raised funds of 501.0493 million yuan (including interest income, with the exact amount based on the actual balance of the dedicated bank account on the day of transfer) to the company's general bank Account to permanently supplement working capital for the daily production and operation of the company.
China Galaxy Securities: The average pig price in 2025 will be under pressure compared to last year, with a focus on recommending "large pig enterprises."
However, supported by the low average prices of Fodder raw materials and improvements in breeding efficiency, excellent pig enterprises will accelerate cost optimization, and profits for outstanding pig enterprises in 2025 will still be considerable.
Tecon Biology Co.Ltd (002100.SZ): The state-owned enterprise of the production and construction corps has cumulatively increased its shareholding by 18.3005 million shares.
Gelonghui, February 20th丨Tecon Biology Co.Ltd (002100.SZ) announced that the Shareholding plan time has passed the halfway mark. As of February 19, 2025, the National Assets Company of the Corps has increased its shareholding of the company by 18.300503 million shares through the centralized bidding system of the Shenzhen Stock Exchange, with a total increase amounting to 0.123 billion yuan.
Tecon Biology Co.Ltd (002100.SZ): Currently has an annual production capacity of 3 million heads of pigs for Animal Slaughter, with a capacity utilization rate of around 70%.
On February 19, Gelonghui reported that Tecon Biology Co.Ltd (002100.SZ) stated on the investor interaction platform that the company currently has an annual capacity to slaughter 3 million hogs, with a capacity utilization rate of about 70%. Please refer to the relevant data in the regular reports for information on the operation of the hog slaughter business.
Tecon Biology Co.Ltd (002100.SZ): It has not yet been involved in industries such as Semiconductors, Drone, and Big Data.
Glory Financial reported on February 11 that Tecon Biology Co.Ltd (002100.SZ) stated on the investor interaction platform that the company has been focused on deepening its Hog Farming Industry Chain, with its main Business covering Fodder production and sales, Hog Farming and meat Food Processing, biopharmaceuticals, and superior raw material processing sectors. Currently, the company has not been involved in Industries such as Semiconductors, Drones, and Big Data.
Tiankang Biology: Briefing on pig sales in January 2025
Tecon Biology Co.Ltd (002100.SZ): In January, Hog Sale revenue was 0.418 billion yuan, with a year-on-year increase of 22.94%.
On February 7th, Gelonghui reported that Tecon Biology Co.Ltd (002100.SZ) announced its sales of live pigs in January 2025 reached 0.298 million head, a decrease of 5.40% month-on-month and an increase of 28.39% year-on-year; the sales revenue was 0.418 billion yuan, a decrease of 21.13% month-on-month and an increase of 22.94% year-on-year. In January 2025, the average selling price of Commodity pigs (excluding piglets and breeding pigs) was 14.79 yuan/kg, a decrease of 0.34% month-on-month.
Tecon Biology Co.Ltd (002100.SZ): The average weight of fat pigs sold by the company in December 2024 is 123 kilograms.
On February 5, Gelonghui reported that Tecon Biology Co.Ltd (002100.SZ) stated on the investor interaction platform that the average weight of fat pigs to be sold in December 2024 is 123 kilograms.
Express News | Tecon Biology Sees 2024 Net Profit up 144%-155% Y/Y at 600 Mln -750 Mln Yuan
Tiankang Biotech: 2024 Annual Performance Forecast
Tecon Biology Co.Ltd (002100.SZ): Expected profit of 0.6 billion to -0.75 billion yuan for the year 2024, a year-on-year turnaround.
On January 24, Gelonghui reported that Tecon Biology Co.Ltd (002100.SZ) announced its performance forecast for 2024, predicting a net income attributable to shareholders of the listed company of 0.6 billion to 0.75 billion yuan, achieving profitability year-on-year; after deducting non-recurring gains and losses, the net income is expected to be between 0.56 billion and 0.71 billion yuan; basic EPS is expected to be between 0.44 yuan/share and 0.55 yuan/share. During the reporting period, hog sale volume reached 3.0285 million heads, an increase of 7.55% year-on-year, and the production indicators of the company's food Farming business continued to optimize, benefiting from the rise in hog sales prices and the decline in fodder raw material prices during the reporting period.
Tecon Biology's Pig Sales Revenue Jumps 32% in December 2024