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;
The third quarter report of the listed company was announced, and the third quarter performance of pig breeding enterprises also "surfaced"
.
The price of pigs has risen, and many pig breeding enterprises have turned losses into profits and entered the ranks
of "excellent students".
More than half of the pig companies turned losses into profits
Among the listed pig enterprises in the first half of the year, only Tianbang Food did not show losses
.
With the announcement of the third quarter report, the industry's loss situation has been reversed
.
Zhongxin financial reporters combed through and found that more than half of the listed pig companies turned positive in the first three quarters, of which the net profits of pig companies such as Tianbang Food, Tangrenshen, Wen's Shares, and Luoniushan more than doubled
year-on-year.
Among the leading pig enterprises, Muyuan Co.
, Ltd.
achieved revenue of 80.
774 billion yuan in the first three quarters, a year-on-year increase of 43.
52%, and the net profit attributable to shareholders of listed companies was 1.
512 billion yuan
.
Not only successfully turned around losses, but also ranked first
in net profit among more than ten listed pig companies.
Wens also got rid of the loss situation, achieving revenue of 55.
861 billion yuan in the first three quarters, a year-on-year increase of 19.
95%, and a net profit attributable to shareholders of listed companies of 686 million yuan, a year-on-year increase of 107.
07%.
Although New Hope has not yet turned profitable, with a revenue of 100.
419 billion yuan in the first three quarters, it has become the "revenue king"
among listed pig companies.
If you only comb through the third quarter financial reports of listed pig companies, you will find that many pig companies have particularly bright results in the third quarter
.
For example, Muyuan Co.
, Ltd.
achieved revenue of 36.
506 billion yuan in the third quarter, a year-on-year increase of 147.
60%; The net profit attributable to the shareholders of the listed company was 8.
196 billion yuan, a year-on-year increase of 1097.
41%.
However, there are also pig companies whose revenue and profits have declined
.
The former "big pig farmer" Zhengbang Technology had revenue of 13.
376 billion yuan in the first three quarters, a year-on-year decrease of 66.
54%, and the net profit attributable to shareholders of listed companies was 7.
644 billion yuan
.
Even in the third quarter, it did not get rid of the situation
of performance loss.
Higher hog prices drove the performance up
For more than half of the listed pig companies to turn losses into profits, Li Guoxiang, a researcher at the Institute of Rural Development of the Chinese Academy of Social Sciences, told China News Financial Reporter that the rise in pig prices is the main factor
.
In the first quarter of this year, due to the impact of seasonal consumption off-season and high supply, pig prices performed sluggishly
.
Entering the second quarter, the supply of live pigs tightened and pig prices began to rise
.
From late June to early July, pig prices rose rapidly, and after mid-July, they entered a plateau period
of stable and slightly higher prices.
Zhongxin Financial Reporter combed through the data of the Ministry of Agriculture and Rural Affairs and found that as of the end of the third quarter of this year, the average price of pork in the national agricultural products wholesale market rose by 38.
65%, of which the increase in the third quarter alone reached 32.
78%.
The recovery of pig prices and the reduction of costs and efficiency of pig enterprises have also driven the profitability
of pig breeding.
Meng Weixiao, an analyst at Zheshang Securities, said that based on monthly sales reports and performance estimates, the average profit of the pig head of Muyuan shares in the third quarter was about 660 yuan, a significant improvement
compared with the profit in the second quarter.
"It is estimated that the average profit of a pig slaughtered in the first 8 months is 77 yuan, and if the current price level is maintained, it is expected that the average profit of the head of the year can return to the normal profit range
of about 200 yuan.
" The head of the Animal Husbandry and Veterinary Bureau of the Ministry of Agriculture and Rural Affairs previously said
.
In the fourth quarter, the profits of pig enterprises may further rise
Entering the fourth quarter, pork prices are still stable and rising
.
According to the Department of Market and Information Technology of the Ministry of Agriculture and Rural Affairs, in the 42nd week of 2022 (October 17-23), the weekly average price of pork wholesale market was 35.
36 yuan per kilogram, up 3.
8% month-on-month, a slight increase for nine consecutive weeks, up 75.
0%
year-on-year.
Zhongxin financial reporters recently noticed in a supermarket in Xicheng District, Beijing, that the price of the front and rear tips was 21.
8 yuan / jin, which was two yuan
per jin higher than the previous period.
Meng Weixiao believes that in November, the industry will usher in the first climax of the second fattening sell-off, and the spot price of live pigs may be significantly corrected
.
After December, the consumption demand for traditional pork such as cured and enema has become stronger, and historical data from the Ministry of Agriculture and Rural Affairs shows that the operating rate of slaughtering enterprises will increase significantly in December, and pig prices are expected to rise
again.
"With the opening of the pickling peak, the pig price may usher in strong support
.
" Wang Qi, an analyst at China Post Securities, said that the third quarterly reports of listed pig breeding companies have been announced one after another, and the major enterprises have exceeded expectations, and it is expected that profits will further rise
in the fourth quarter.
;
;The third quarter report of the listed company was announced, and the third quarter performance of pig breeding enterprises also "surfaced"
.
The price of pigs has risen, and many pig breeding enterprises have turned losses into profits and entered the ranks
of "excellent students".
More than half of the pig companies turned losses into profits
More than half of the pig enterprises turned losses into profitsAmong the listed pig enterprises in the first half of the year, only Tianbang Food did not show losses
.
With the announcement of the third quarter report, the industry's loss situation has been reversed
.
Zhongxin financial reporters combed through and found that more than half of the listed pig companies turned positive in the first three quarters, of which the net profits of pig companies such as Tianbang Food, Tangrenshen, Wen's Shares, and Luoniushan more than doubled
year-on-year.
Among the leading pig enterprises, Muyuan Co.
, Ltd.
achieved revenue of 80.
774 billion yuan in the first three quarters, a year-on-year increase of 43.
52%, and the net profit attributable to shareholders of listed companies was 1.
512 billion yuan
.
Not only successfully turned around losses, but also ranked first
in net profit among more than ten listed pig companies.
Wens also got rid of the loss situation, achieving revenue of 55.
861 billion yuan in the first three quarters, a year-on-year increase of 19.
95%, and a net profit attributable to shareholders of listed companies of 686 million yuan, a year-on-year increase of 107.
07%.
Although New Hope has not yet turned profitable, with a revenue of 100.
419 billion yuan in the first three quarters, it has become the "revenue king"
among listed pig companies.
If you only comb through the third quarter financial reports of listed pig companies, you will find that many pig companies have particularly bright results in the third quarter
.
For example, Muyuan Co.
, Ltd.
achieved revenue of 36.
506 billion yuan in the third quarter, a year-on-year increase of 147.
60%; The net profit attributable to the shareholders of the listed company was 8.
196 billion yuan, a year-on-year increase of 1097.
41%.
However, there are also pig companies whose revenue and profits have declined
.
The former "big pig farmer" Zhengbang Technology had revenue of 13.
376 billion yuan in the first three quarters, a year-on-year decrease of 66.
54%, and the net profit attributable to shareholders of listed companies was 7.
644 billion yuan
.
Even in the third quarter, it did not get rid of the situation
of performance loss.
Higher hog prices drove the performance up
The rise in hog prices drove the performance to the betterFor more than half of the listed pig companies to turn losses into profits, Li Guoxiang, a researcher at the Institute of Rural Development of the Chinese Academy of Social Sciences, told China News Financial Reporter that the rise in pig prices is the main factor
.
In the first quarter of this year, due to the impact of seasonal consumption off-season and high supply, pig prices performed sluggishly
.
Entering the second quarter, the supply of live pigs tightened and pig prices began to rise
.
From late June to early July, pig prices rose rapidly, and after mid-July, they entered a plateau period
of stable and slightly higher prices.
Zhongxin Financial Reporter combed through the data of the Ministry of Agriculture and Rural Affairs and found that as of the end of the third quarter of this year, the average price of pork in the national agricultural products wholesale market rose by 38.
65%, of which the increase in the third quarter alone reached 32.
78%.
The recovery of pig prices and the reduction of costs and efficiency of pig enterprises have also driven the profitability
of pig breeding.
Meng Weixiao, an analyst at Zheshang Securities, said that based on monthly sales reports and performance estimates, the average profit of the pig head of Muyuan shares in the third quarter was about 660 yuan, a significant improvement
compared with the profit in the second quarter.
"It is estimated that the average profit of a pig slaughtered in the first 8 months is 77 yuan, and if the current price level is maintained, it is expected that the average profit of the head of the year can return to the normal profit range
of about 200 yuan.
" The head of the Animal Husbandry and Veterinary Bureau of the Ministry of Agriculture and Rural Affairs previously said
.
In the fourth quarter, the profits of pig enterprises may further rise
The profit of pig enterprises in the fourth quarter may further increase the profits of pig enterprises in the fourth quarter or further increaseEntering the fourth quarter, pork prices are still stable and rising
.
According to the Department of Market and Information Technology of the Ministry of Agriculture and Rural Affairs, in the 42nd week of 2022 (October 17-23), the weekly average price of pork wholesale market was 35.
36 yuan per kilogram, up 3.
8% month-on-month, a slight increase for nine consecutive weeks, up 75.
0%
year-on-year.
Zhongxin financial reporters recently noticed in a supermarket in Xicheng District, Beijing, that the price of the front and rear tips was 21.
8 yuan / jin, which was two yuan
per jin higher than the previous period.
Meng Weixiao believes that in November, the industry will usher in the first climax of the second fattening sell-off, and the spot price of live pigs may be significantly corrected
.
After December, the consumption demand for traditional pork such as cured and enema has become stronger, and historical data from the Ministry of Agriculture and Rural Affairs shows that the operating rate of slaughtering enterprises will increase significantly in December, and pig prices are expected to rise
again.
"With the opening of the pickling peak, the pig price may usher in strong support
.
" Wang Qi, an analyst at China Post Securities, said that the third quarterly reports of listed pig breeding companies have been announced one after another, and the major enterprises have exceeded expectations, and it is expected that profits will further rise
in the fourth quarter.
