002840 Zhejiang Huatong Meat Products
- 23.05
- -0.25-1.07%
Zhejiang Huatong Meat Products News
Huatong Meat Products Pig Sales Revenue Climb 21%, Chicken Sales Revenue Slips 3%
Zhejiang Huatong Meat Products (SHE:002840) recorded a jump in its revenue from pig sales, while revenue from selling chickens slipped in April, the company said in a Thursday filing on the Shenzhen S
Express News | Huatong Co., Ltd.: April pig sales revenue changed 20.59% year on year
Zheshang Securities: The rise in pig prices in the next few months will become the core catalyst for the sector, and suggest positive layout
Pig prices are mostly dominated by supply, and demand changes are very limited. The long lag between falling production capacity and rising pig prices brings about cycle certainty. Changes in body weight are still controversial, but it is more likely that the upward cycle pressure will drive up pig prices.
Pig cycle reversal expectations strengthen institutions say the sector has entered a layout period
① The National Bureau of Statistics released data on May 14. The current price of pigs (plus three yuan) was 15.0 yuan/kg, up 0.7% from the previous month. ② The CICC research report points out that expectations for a reversal of the pig cycle have strengthened, the sector has entered a layout period, and low-cost, highly flexible pig companies will benefit first.
Pork stocks fluctuated higher. Zhenghong Technology rose and stopped in the afternoon, Dongrui shares and Jin Xinnong rose more than 5%, and Tang Renshen, Xiangjia shares, Tiankang Biotech, and Huatong shares followed suit.
Pork stocks fluctuated higher. Zhenghong Technology rose and stopped in the afternoon, Dongrui shares and Jin Xinnong rose more than 5%, and Tang Renshen, Xiangjia shares, Tiankang Biotech, and Huatong shares followed suit.
Huatong Co., Ltd. (002840): Actively improving farming efficiency and making future listings highly flexible
Core view: East China's leading pig breeding and slaughter company plans to increase its financial strength by 1.6 billion yuan. The total number of pigs released by the company in '23 was 2.3027 million, an increase of 91.13% over the previous year. In the first quarter of '24, the number of pigs released by the company was 6
A-share pork stocks fluctuated higher, and Shennong Group rose more than 7%
Glonghui, May 13 | Shennong Group rose more than 7%, followed by Huatong Co., Ltd., Guanghong Holdings, Bunge Technology, Haida Group, and Tang Renshen.
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.
Huatong Co., Ltd. (002840): Continued high listing volume, cost reduction, efficiency, high-quality development
Huatong Co., Ltd. released its annual report for the year 23 and the quarterly report for '24: the company achieved revenue of 8.58 billion yuan in 2023, -9.24% over the same period, and realized net profit to mother of -60 billion yuan, compared to +90 million yuan in the previous period, basically per share
Express News | Pork stocks bucked the trend, and Huatong shares rose and stopped in the afternoon
The aquaculture sector bucked the trend, and Huatong shares were close to rising or stopping. Superstars Agriculture and Animal Husbandry, Wen's shares, Xiaoming shares, Shennong Group, and Muyuan shares had the highest gains.
The aquaculture sector bucked the trend, and Huatong shares were close to rising or stopping. Superstars Agriculture and Animal Husbandry, Wen's shares, Xiaoming shares, Shennong Group, and Muyuan shares had the highest gains.
Pork stocks continued to rise. Huatong shares surged 7%, Wen's shares rose more than 4%, and superstar agricultural and animal husbandry, Muyuan shares, and Dongrui shares followed suit.
Pork stocks continued to rise. Huatong shares surged 7%, Wen's shares rose more than 4%, and superstar agricultural and animal husbandry, Muyuan shares, and Dongrui shares followed suit.
Huatong Co., Ltd. (002840): Maintaining low costs and steady increase in production capacity
Farming costs remain low, and the advantage of excess earnings per head continues to be maintained. The company's 2024Q1 revenue was 1,996 million yuan, +0.52% year-on-year, and net profit loss to mother was 157 million yuan. Consolidated statement level, company 202
Huatong Co., Ltd. (002840.SZ) announced first-quarter results with a net loss of 157 million yuan, an increase of 50.41%
Huatong Co., Ltd. (002840.SZ) released its report for the first quarter of 2024. The company's revenue was 19.9...
Huatong Co., Ltd. (002840): 24Q1 performance is in line with expectations, future listing growth is flexible
Core view: Low pig prices in the first quarter dragged down performance, and overall in line with expectations. The company released its 2024 quarterly report. In the first quarter, revenue was 1,996 million yuan, yoy +0.52%, and net profit to mother was a loss of 157 million yuan.
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.
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