000876 New Hope Liuhe
- 9.57
- +0.17+1.81%
New Hope Liuhe News
CICC: Pig prices may start to rise, and pig companies' balance sheet recovery has entered a critical period
From an enterprise perspective, the current financial pressure on pig companies has reached a historical extreme, and the period of rising pig prices is a critical window for balance sheet repair. From an investment perspective, the current round of the market did not beat pig prices; the inflection point on the right side of pig prices is a key catalyst.
The farming sector fluctuated and picked up, with Guanghong Holdings rising nearly 7%, followed by Golden Ham, Shennong Group, Haida Group, New Hope, and Dongrui Co., Ltd.
The farming sector fluctuated and picked up, with Guanghong Holdings rising nearly 7%, followed by Golden Ham, Shennong Group, Haida Group, New Hope, and Dongrui Co., Ltd.
Express News | Prices have rebounded, costs have declined, leading pig companies have reached a break-even point
Express News | Prices have rebounded and costs have declined, and leading pig companies have reached break-even point
New Hope (000876) Recent Business Review: Pig Breeding Improves Quality, Quantity, and Lightweight, Focuses on the Main Business
Incident: On May 7, 2024, the company released a pig sales briefing. In April 2024, it sold a total of 1.476 million pigs, -3.2% month-on-month and -6.2% year-on-year; achieved revenue of 2.34 billion yuan, month-on-month
New Hope Liuhe's Pig Sales Revenue Slides 1% in April
New Hope Liuhe (SHE:000876) earned revenue worth 2.34 billion yuan from pig sales in April, down 1.1% from 2.36 billion yuan from the previous year, the company said in its disclosure on the Shenzhen
Express News | New hope: It is expected that the cost of fat pigs operating in December this year will be reduced to 14.2 yuan/kg to 14.3 yuan/kg
Express News | New hope: The domestic feed business has improved to a certain extent and is expected to be more obvious in May
New Hope (000876): Focus on declining farming costs in core businesses
Incident: The company released the 2023 annual report and the 2024 quarterly report, of which 1) achieved operating income of 141.703 billion yuan in 2023, an increase of 0.14% over the previous year; net profit to mother was 249 million yuan, reversing the year-on-year loss
New Hope (000876.SZ): April pig sales revenue was 2,337 billion yuan
On May 7, Ge Longhui (000876.SZ) announced that the company sold 1.4762 million pigs in April 2024, a change of -3.23% month-on-month and -6.21% year-on-year; revenue was 2,337 billion yuan, a change of 1.43% month-on-month and -1.06% year-on-year; the average sales price of commercial pigs was 15.13 yuan/kg, changing 5.51% month-on-month and 6.55% year-on-year.
New Hope (000876): Strategy focuses on feed, declining original value of pigs and sows to drive down costs
The 2023 results are within the scope of the performance forecast. The 2023 and 1Q24 results are in line with market expectations of +0.1% year-on-year revenue of +0.1% to $141.7 billion, net profit/net profit deducted from mother +17.1/-37
The pig cycle is at its peak. Hope just earned 300 million dollars last year, and lost 1.9 billion dollars in Q1? |Financial Report Interpretation
① “Feed Brother” New Hope recorded a profit of 249 million yuan last year, a sharp decrease in losses over the previous year ② Affected by the continued slump in the pig market, the company recorded a loss of 1,934 million yuan in 2024Q1 ③ The company made some progress in reducing costs and increasing efficiency, and the full cost of fat pigs listed on the operating line reached 15.8 yuan/kg
New Hope (000876.SZ) reported first-quarter results with a net loss of 1,934 billion yuan
New Hope (000876.SZ) released its report for the first quarter of 2024. The company achieved operating income of 2 during the reporting period...
New Hope (000876): Focus on the main business, low pig prices dragged down 24Q1 profits
The full year of 2023 turned a loss into a profit, and farming losses dragged down Q1. After the two asset transactions for the poultry industry and the deep food processing industry were settled, the company turned a loss into a profit for the full year of 2023. The farming business dragged down, and the company returned to the mother in 24Q1
Express News | New Hope Liuhe Co., Ltd.: Net loss of 1.93 billion yuan in the first quarter.
The DNF mobile game is scheduled to be launched in May. The Tencent game “New Hope for the Whole Village”?
Shanxi Securities: The pace of pig sales resumed in March, and the trend of capacity removal continued
The fourth “loss bottom” in the current cycle in 2024 is the first time since 2006 that there have been 4 “loss bottoms”, and the bottom of the cycle is expected to gradually come to an end.
Express News | New hope: Cost is the primary goal from this year onwards. Overall, the company's farming costs will drop steadily
Pork stocks strengthened partially. Wen's shares rose more than 3%, Muyuan shares rose more than 2%, and superstar agricultural and animal husbandry, Huatong shares, and New Hope became popular one after another.
Pork stocks strengthened partially. Wen's shares rose more than 3%, Muyuan shares rose more than 2%, and superstar agricultural and animal husbandry, Huatong shares, and New Hope became popular one after another.
New Hope Liuhe's Pig Sales Revenue Slips 11% in March
New Hope Liuhe (SHE:000876) generated revenue of 2.30 billion yuan from selling pigs in March, slipping 10.8% from 2.58 billion yuan in the preceding year, according to a Tuesday filing on the Shenzhe
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