In the past four years, is this the "best start"? New Hope Liuhe expects to turn a profit in Q1 compared to the same period last year | Quick read announcement.
1. New Hope Liuhe is expected to achieve a net income of 0.43 billion to -0.5 billion yuan in the first quarter of this year, marking the first profit in the first quarter in nearly four years; 2. The decline in breeding costs and the dual increase in fodder quantity and profit are the main factors affecting the company's performance; 3. The company's revenue in 2024 will experience a decline for the first time in nearly 9 years.
New Hope Liuhe expects a 122% year-on-year increase in Q1 Net income, turning from loss to profit, with a double decrease in breeding costs marking a turning point | Earnings Reports insights.
In 2024, New Hope Liuhe achieved a total operating income of 103.063 billion yuan, a year-on-year decrease of 27.27%; Net income was 0.474 billion yuan, a year-on-year increase of 90.05%. The company focuses on two core businesses: Fodder, Hog Farming, and Animal Slaughter, with improvements in production management, steady declines in farming costs, and since the second quarter, a recovery in the hog market, with prices higher than the same period last year.
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.
Special Treat Tianbang turned losses into profits. Director Zhang Banghui admitted: 2024 will be a year of ups and downs | Interpretations
① In 2024, ST Tianbang achieved a Net income of 1.459 billion yuan attributable to the Shareholders of the listed company, a year-on-year increase of 150.58%, marking a turnaround from losses to profits; ② Chairman Zhang Banghui expressed to investors in the annual report that 2024 is a year of ups and downs; ③ ST Tianbang's financial pressure has eased somewhat, but the crisis still exists.
Beef companies are generally under pressure, with Bright Meat Industry's net income excluding non-recurring items falling over 40% year-on-year丨Interpretations
① Guangming Meat Industry's revenue and net income have declined for two consecutive years; ② In the fourth quarter of 2024, the company's main revenue is 5.603 billion yuan, with a net income of -0.165 billion yuan for the quarter.
Brokerage Morning Meeting Highlights: Focus on low positions + resilience in the economic outlook during the consolidation period.
At today's Brokerage morning meeting, HTSC believes that the solidifying period should focus on low positions and resilient market directions; Everbright stated that downstream demand for organic silicon is steadily increasing, and the supply-demand pattern in the Industry is expected to improve; GTJA proposed that the enthusiasm for the Spring Sugar Hotel Exhibition has decreased, and the sales of Baijiu after the festival are stable.