Wen's year of life soared 47%, returning to the position of "first brother" on the growth enterprise market! Experts predict that pigs will be born in 2019
-
Last Update: 2019-03-06
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Wen's market value back to the GEM "one brother" position
Wen's shares rose 6.06 percent on the 5th, the latest closing price hit a three-year high, A stock market value reached 204.6 billion yuan, is the only agricultural, forestry, animal husbandry and fisheries industry market value of more than 200 billion yuan listed company From the GEM shares of the latest A stock market value, affected by the 5th rally, Wen's share market value topped the GEM A stock market value list On February 22nd , Wen's shares announced their 2018 results, and during the reporting period, the company achieved total operating income of RMB57,308 million, with a total profit of RMB4.292 billion and net profit attributable to shareholders of listed companies of RMB3,962 million The net profit attributable to the shareholders of the listed company decreased by 41.31% YoY; the main reasons for are: (1) affected by changes in market supply and demand and the second half of the African swine fever epidemic, the company's sales price of commercial pigs decreased by 14.42% YoY, although the company's pig farming business continued to maintain steady development, the sales volume of commercial pigs increased by 17.10% YoY, but not enough to offset the impact of the decline in the average sales price, resulting in a significant decline in the company's commodity pig profit level (2) During the reporting period, the Company completed the registration of the first period of restricted stock, and amortized the restricted stock incentive fee of RMB 312 million in accordance with the relevant provisions of the enterprise accounting standards, resulting in a decrease in net profit (3) At the end of the reporting period, the company, in accordance with the relevant provisions of the accounting standards of the enterprise, in accordance with market conditions and actual business conditions, calculated the inventory price reduction preparation of 0.84 billion yuan March 4, 2019, Wen and Zhejiang Huasun Meat Products Co., Ltd (hereinafter referred to as "Hua-Tsing Shares") signed the Strategic Cooperation Framework Agreement in Yunfu City, Guangdong Province, the emerging counties, the two sides on pig breeding, slaughtering and other areas of cooperation reached a strategic cooperation intention, specific cooperation matters will be further negotiated and agreed 's shares followed, returning to the market value of 100 billion yuan, investing 500 million to build pig slaughter and food processing projects on the morning of February 21st, agricultural stocks rose sharply Makahara's share price exceeds 49 yuan and has a market capitalization of more than 100 billion yuan, making it the second agricultural and animal husbandry stock with a market capitalization of more than 100 billion yuan after Wen's Industry insiders believe that the stock price of pig stocks rose, meaning that the outside world is generally optimistic about the trend of pig prices in the future Makayuan announced on March 1st that it plans to invest 500 million yuan in Zhengyang County to build a project on the slaughter ingenuity and food processing of 2 million pigs The project is constructed in two phases, the first phase is the slaughter project of 2 million pigs and the second phase is a food processing project The company said that the development of pig slaughter and food processing projects, according to the changes in the industry situation and the company's future development plans, from the breeding sector to the downstream expansion of important measures pork sector surge, Breck predicted that the price of pigs in 2019 will reach 20 yuan / kg
among the many pork concept stocks, Wen's shares are not the best performance, its opening year has gained 47.06 percent, the rise in the top 10 outside Data treasure statistics show that, excluding this year's listing of the second new shares, three agricultural and animal husbandry concept stocks doubled the increase, respectively, the probiotic shares, Zhengbang Technology, the new Wufeng The highest increase was in the forelife shares, which rose 198.26 percent since the beginning of the year, with Tianbang shares, Makraw shares, New Hope, Tiankang Bio and other cumulative gains of more than 50% Breck Agricultural Trust Group research director Lin Guofa told first financial interview, the aquaculture industry is a typical cyclical market, deep losses will usher in the recovery of the industry, the previous decline triggered a rebound, continued to support the industry's rise mainly lies in the industry's future expectations of improvement Referring to the past 2 cycles of pig price bull market rise and supply and demand relationship assessment, 2019 pig prices are expected to break new record highs, the average price is also significantly higher, and due to the outbreak seriously affected pig production capacity, this round of pig price bull market is expected to continue for a longer period of time, industry profitability he believes that according to the current feed price, do not consider the impact of the epidemic factors, the average unit cost of pigs in 11.6 yuan / kg, soybean meal weakness is expected to further reduce feed costs, and thus reduce the average production cost of pigs, according to the column pig weight 115 kg calculation, pig price rebounded to 20 yuan / kg, single-head profit at 966 yuan / head, 2016 pig price high of 22.4 yuan / kg profit in 800 0000 Lin Guofa predicted that the second quarter pig prices are expected to quickly break through the 2016 high, and maintain high prices for a long time, the average price of pig out of the column is expected to reach 17-18 yuan / kg in 2019, the average profit in 700-800 yuan / head, 2020 - Pig prices are still expected to remain high in 2020-2021, with the average single-head profit expected to be 600-1000 yuan/head, low feed farming levels, and a large release of the production capacity of the breeding group over the past few years, and are expected to quickly cash in on profits in the next three years Zhu Zengyong, an associate researcher at the Institute of Agricultural Information at the Chinese Academy of Agricultural Sciences, said that the continued decline in sow storage in 2018, especially in the second half of 2018, will affect market supply in the second half of 2019 and 2020, and that supply tightening will gradually emerge in the second half of this year He expects pig prices will rebound modestly in the second quarter of this year and pick up after June until the first half of 2020 In addition, the benefits drive the incentive to supplement the column increased, optimistic about the next two or three years of pig prices Win's market value back to the GEM "one brother" position . Wen's shares rose 6.06 percent on Friday, the latest closing price hit a three-year high, and the A-share market reached 204.6 billion yuan, making it the only listed company in the agriculture, forestry, animal husbandry and fisheries industry with a market capitalization of more than 200 billion yuan From the GEM shares of the latest A stock market value, affected by the 5th rally, Wen's share market value topped the GEM A stock market value list On February 22nd , Wen's shares announced their 2018 results, and during the reporting period, the company achieved total operating income of RMB57,308 million, with a total profit of RMB4.292 billion and net profit attributable to shareholders of listed companies of RMB3,962 million The net profit attributable to the shareholders of the listed company decreased by 41.31% YoY; the main reasons for are: (1) affected by changes in market supply and demand and the second half of the African swine fever epidemic, the company's sales price of commercial pigs decreased by 14.42% YoY, although the company's pig farming business continued to maintain steady development, the sales volume of commercial pigs increased by 17.10% YoY, but not enough to offset the impact of the decline in the average sales price, resulting in a significant decline in the company's commodity pig profit level (2) During the reporting period, the Company completed the registration of the first period of restricted stock, and amortized the restricted stock incentive fee of RMB 312 million in accordance with the relevant provisions of the enterprise accounting standards, resulting in a decrease in net profit (3) At the end of the reporting period, the company, in accordance with the relevant provisions of the accounting standards of the enterprise, in accordance with market conditions and actual business conditions, calculated the inventory price reduction preparation of 0.84 billion yuan March 4, 2019, Wen and Zhejiang Huasun Meat Products Co., Ltd (hereinafter referred to as "Hua-Tsing Shares") signed the Strategic Cooperation Framework Agreement in Yunfu City, Guangdong Province, the emerging counties, the two sides on pig breeding, slaughtering and other areas of cooperation reached a strategic cooperation intention, specific cooperation matters will be further negotiated and agreed 's shares followed, returning to the market value of 100 billion yuan, investing 500 million to build pig slaughter and food processing projects on the morning of February 21st, agricultural stocks rose sharply Makahara's share price exceeds 49 yuan and has a market capitalization of more than 100 billion yuan, making it the second agricultural and animal husbandry stock with a market capitalization of more than 100 billion yuan after Wen's Industry insiders believe that the stock price of pig stocks rose, meaning that the outside world is generally optimistic about the trend of pig prices in the future Makayuan announced on March 1st that it plans to invest 500 million yuan in Zhengyang County to build a project on the slaughter ingenuity and food processing of 2 million pigs The project is constructed in two phases, the first phase is the slaughter project of 2 million pigs and the second phase is a food processing project The company said that the development of pig slaughter and food processing projects, according to the changes in the industry situation and the company's future development plans, from the breeding sector to the downstream expansion of important measures pork sector surge, Breck predicted that the price of pigs in 2019 will reach 20 yuan / kg
among the many pork concept stocks, Wen's shares are not the best performance, its opening year has gained 47.06 percent, the rise in the top 10 outside Data treasure statistics show that, excluding this year's listing of the second new shares, three agricultural and animal husbandry concept stocks doubled the increase, respectively, the probiotic shares, Zhengbang Technology, the new Wufeng The highest increase was in the forelife shares, which rose 198.26 percent since the beginning of the year, with Tianbang shares, Makraw shares, New Hope, Tiankang Bio and other cumulative gains of more than 50% Breck Agricultural Trust Group research director Lin Guofa told first financial interview, the aquaculture industry is a typical cyclical market, deep losses will usher in the recovery of the industry, the previous decline triggered a rebound, continued to support the industry's rise mainly lies in the industry's future expectations of improvement Referring to the past 2 cycles of pig price bull market rise and supply and demand relationship assessment, 2019 pig prices are expected to break new record highs, the average price is also significantly higher, and due to the outbreak seriously affected pig production capacity, this round of pig price bull market is expected to continue for a longer period of time, industry profitability he believes that according to the current feed price, do not consider the impact of the epidemic factors, the average unit cost of pigs in 11.6 yuan / kg, soybean meal weakness is expected to further reduce feed costs, and thus reduce the average production cost of pigs, according to the column pig weight 115 kg calculation, pig price rebounded to 20 yuan / kg, single-head profit at 966 yuan / head, 2016 pig price high of 22.4 yuan / kg profit in 800 0000 Lin Guofa predicted that the second quarter pig prices are expected to quickly break through the 2016 high, and maintain high prices for a long time, the average price of pig out of the column is expected to reach 17-18 yuan / kg in 2019, the average profit in 700-800 yuan / head, 2020 - Pig prices are still expected to remain high in 2020-2021, with the average single-head profit expected to be 600-1000 yuan/head, low feed farming levels, and a large release of the production capacity of the breeding group over the past few years, and are expected to quickly cash in on profits in the next three years Zhu Zengyong, an associate researcher at the Institute of Agricultural Information at the Chinese Academy of Agricultural Sciences, said that the continued decline in sow storage in 2018, especially in the second half of 2018, will affect market supply in the second half of 2019 and 2020, and that supply tightening will gradually emerge in the second half of this year He expects pig prices will rebound modestly in the second quarter of this year and pick up after June until the first half of 2020 In addition, the benefits drive the incentive to supplement the column increased, optimistic about the next two or three years of pig prices article related to "Wen's, Pork" : Recommended Features: News Click: Top Image News: News ReviewS: Seven Mouths Forum:
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.