Tangrenshen (002567.SZ): May pig farming revenue declined by 59.68% year-on-year

Tangrenshen (002567.SZ) announced that in May 2026, the company sold 394,800 hogs (including 258,500 market hogs and 136,300 piglets), compared to 482,800 hogs sold in May 2025 (including 464,500 market hogs and 18,300 piglets), representing a year-over-year decline of 18.23% and a month-over-month decrease of 28.57%. Total sales revenue amounted to RMB 339 million, down 59.68% year-over-year and 26.62% month-over-month. The significant year-over-year decline in hog sales revenue was primarily attributable to fluctuations in hog market conditions and adjustments in the company’s sales structure.

Zhitong FinanceJun 9 18:14

Tangrenshen: April 2026 Swine Sales Brief

SZSIMay 9 00:00 · Announcements

Tangrenshen (002567.SZ): April hog sales revenue totaled 462 million yuan, representing a year-on-year decrease of 39.33%.

Tangrenshen (002567.SZ) announced that the company's hog sales volume in April 2026 was 552,600 heads (including 375,700 commercial pigs and 177,000 piglets), compared to 435,200 heads in April 2025 (including 415,500 commercial pigs and 19,700 piglets), representing a year-on-year increase of 26.98% and a month-on-month increase of 2.04%. Total sales revenue amounted to 462 million yuan, a year-on-year decrease of 39.33% and a month-on-month decrease of 21.29%.

Zhitong FinanceMay 8 17:54

Tangrenshen (002567) 2025 Annual Report and 2026 Q1 Earnings Commentary: Decline in Pork Prices Led to Losses in 2025 Performance; Feed Business Remained Profitable

Event: The company released its annual report for the fiscal year 25 and the first quarter report for the fiscal year 26. For the full fiscal year 25, Q4 of fiscal year 25, and Q1 of fiscal year 26, the company achieved total operating revenue of RMB 24.215 billion, RMB 5.629 billion, and RMB 5.379 billion, respectively, representing a year-over-year change of -0.52% and -2%, respectively.

Western SecuritiesMay 6 00:00

Tangrenshen (002567): Continuous improvement in production metrics and realization of reduced breeding costs.

Event: On April 28, 2026, the company disclosed its 2025 annual report and the first-quarter report for 2026. The company achieved operating revenue of 24.215 billion yuan in 2025, representing a year-on-year decrease of 0.52%; net profit attributable to shareholders was realized.

Caitong SecuritiesApr 30 00:00

The 'Pig Army' reported a loss exceeding 6 billion yuan in Q1, with capacity adjustments driving an 'upturn' in industry sentiment.

① As of April 29, the total losses reported by major A-share hog farming enterprises that have disclosed their first-quarter results exceeded 6 billion yuan; ② Under earnings pressure, the debt-to-asset ratio of listed hog farming companies generally increased compared to the end of last year; ③ Amid capacity adjustments, most industry respondents believe that market conditions are expected to improve in the second half of the year, showing a trend of gradual recovery with lower performance in the first half and higher performance in the second half.

cls.cnApr 29 15:48