002840 Zhejiang Huatong Meat Products
- 21.05
- -0.20-0.94%
Zhejiang Huatong Meat Products News
Huatong Co., Ltd. (002840): Pig sales maintain high growth, breeding costs continue to decline
Performance summary: The company released its 2023 annual report. The company achieved revenue of 8.58 billion yuan for the full year of 2023, -9.2% year-on-year; realized net profit to mother of 600 million yuan, -789.3% year-on-year. Among them, Q4 was implemented
Huatong Co., Ltd. (002840) 2023 Annual Report Review: The release of pigs continues to achieve the goal of maintaining high growth and cost reduction
Incident: The company released its 2023 annual report on April 23. It achieved revenue of 8.58 billion yuan for the full year of 2023, -9.2% year over year; realized net profit to mother -60 billion yuan, -789.3% year over year; calculated capital increase
Minsheng Securities released a research report on April 24 stating that Huatong Co., Ltd. (002840.SZ) was given a recommended rating. The main reasons for the rating include: 1) the slaughter business continues to grow, and production capacity reserves ar
Minsheng Securities released a research report on April 24 stating that Huatong Co., Ltd. (002840.SZ) was given a recommended rating. The main reasons for the rating include: 1) the slaughter business continues to grow, and production capacity reserves are sufficient; 2) monetary capital reserves are relatively abundant, and various means are used to reduce the balance ratio. (Mainichi Keizai Shimbun)
Guoxin Securities released a research report on April 24 stating that it gave Huatong Co., Ltd. (002840.SZ) a purchase rating. The main reasons for the rating include: 1) breeding costs remain declining, and the advantage of excess earnings per unit conti
Guoxin Securities released a research report on April 24 stating that it gave Huatong Co., Ltd. (002840.SZ) a purchase rating. The main reasons for the rating include: 1) breeding costs remain declining, and the advantage of excess earnings per unit continues to be verified; 2) profit levels declined year-on-year due to the overall slump in pig prices in 2023, and the cost rate level was slightly reduced due to capacity expansion; 3) operating cash flow was tightened, and receivables and inventory turnover increased slightly. (Mainichi Keizai Shimbun)
Huatong Co., Ltd. (002840): Listed as the preferred target for the reversal phase of the cycle of high growth, steady decline, and
High growth costs have declined steadily. Companies with high quality standards in the cycle reversal phase released their 2023 annual reports. In 2023, they achieved revenue of 8.578 billion yuan (-9.24%) and net profit of 605 million yuan (-789 million yuan) in 2023.
Huatong Co., Ltd. (002840): The 23-year results are in line with expectations and are expected to maintain high growth
Core view: Low pig prices in '23 dragged down performance, and the balance ratio increased slightly. The company released its annual report for the year 23, achieving revenue of 8.578 billion yuan (yoy -9.24%); net profit to mother was -605 million yuan (yo
Huatong Co., Ltd. (002840): Low pig prices in '23 led to a high increase in the number of loss-making pigs released
Incident: On April 22, the company released its 2023 annual report, achieving annual revenue/net profit of 85.78/ -605 million yuan, -9.24%/-789.34% year-on-year, with a basic EPS of -1.03 yuan
Huatong Co., Ltd. (002840): Reduced costs combined with high listing growth and security
Incident: The company released its 2023 annual report. The annual revenue for the year was 8.578 billion yuan, down 9.24% year on year, and net profit to mother was a loss of 605 million yuan, down 789.34% year on year. The number of pigs produced by the company is growing at a high rate
Huatong Co., Ltd. (002840.SZ) announced its 2023 annual results, with a net loss of 605 million yuan, a year-on-year profit to loss
Huatong Co., Ltd. (002840.SZ) released its 2023 annual report. The group achieved operating income of 85 during the period...
Pork stocks fluctuated stronger in early trading. Lihua shares rose more than 6%, Xinwufeng and Huatong shares rose more than 3%, and superstar agriculture, animal husbandry, and Muyuan shares followed suit.
Pork stocks fluctuated stronger in early trading. Lihua shares rose more than 6%, Xinwufeng and Huatong shares rose more than 3%, and superstar agriculture, animal husbandry, and Muyuan shares followed suit.
China Post Securities: March capacity data diverged, pig prices may rise in the second half of the year
Moreover, currently pig prices have not yet entered the profit range, so there is no need to worry about the loss of production capacity as a result.
Huatong Co., Ltd. (002840): The release of pigs increased month-on-month in March, and the average sales price continued to improve
Incident: The company released a briefing on livestock and poultry sales in March 2024: In March 2024, the company sold 236,443 pigs (of which 19,254 piglets were sold), a change of 28.07% over the previous month
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.
Heavy warehouse bought back Meituan Kuaishou! Zhong Geng Qiu Dongrong's quarterly report revealed that there were many moves to adjust positions
Early this morning, Qiu Dongrong's products revealed a quarterly report.
Huatong Meat Products' Chicken, Pig Sales Rise in March
Zhejiang Huatong Meat Products (SHE:002840) recorded an increase in its pig and chicken sales in March. Revenue from pig sales grew 22.9% year on year to 402.2 million yuan after selling 236,443 pigs.
Huatong shares: pig sales revenue in March was 400 million yuan, 32.32% month-on-month and 22.89% year-on-year
Gelonghui, April 14 | Huatong Co., Ltd.: In March, the company's pig sales volume was 236,443 heads, a change of 28.07% month-on-month and a year-on-year change of 25.89%; the company's pig sales revenue was 402.2223 million yuan, a change of 32.32% month-on-month and a year-on-year change of 22.89%. In March, the average sales price of commercial pigs was 14.70 yuan/kg, up 2.80% from the previous month.
Huatong Co., Ltd. (002840): High-growth breeding dark horse with declining costs
1. The industry's production capacity has been reduced for more than 1 year, and the number of stocks that focus on large-scale cycle opportunities has hit a new low in 21 years. The current round of capacity removal has taken more than a year. As of February 2024, the Ministry of Agriculture/Yongyi Consulting's cumulative reduction ranges were 10, respectively
A-share pork stocks strengthened in early trading, and Tianbang Foods rose or stopped
Gelonghui, April 3 | Tianbang Foods went up and down, and Huatong Co., Ltd., Dongrui shares, Xinwufeng, Aonong Biotech, and Xiangjia shares followed suit.
Huatong Meat Products to Pay Interest on 550 Million Yuan Convertible Bond
Zhejiang Huatong Meat Products (SHE:002840) will pay its fourth-year interest on its 550 million yuan convertible bonds issued in May 2020, according to a filing on the Shenzhen Stock Exchange on Mond
Pioneer Securities: Food Nuggets Category Dividends; Degradation of Pig Production Capacity Continues
Pioneer Securities released a research report saying that as the mass snack industry enters the merger and acquisition integration stage, the industry gradually shifts from previous price competition to product supply chain optimization and cost reduction and efficiency. On the other hand, the current pig breeding sector has a high margin of safety, and allocation opportunities are more obvious.
Analysis
Price Target
No Data
