300673 Petpal Pet Nutrition Technology
- 13.75
- +0.12+0.88%
Petpal Pet Nutrition Technology News
Express News | Petpal Pet Nutrition Technology: plans to participate in the establishment of a 120 million yuan pet industry fund.
Petpal Pet Nutrition Technology (300673.SZ): intends to cooperate with Xiucheng Junyi in the specialized investment field of the pet industry.
On June 12th, Gelunhui announced that in order to accurately and efficiently grasp the development opportunities of China's pet industry, and to give full play to their respective resource advantages and synergistic effects, through friendly consultations, Hainan Xiucheng Junyi Private Equity Fund Management Co., Ltd. (Party A, hereinafter referred to as Xiucheng Junyi) and Petpal Pet Nutrition Technology Co., Ltd. (Party B, hereinafter referred to as the Company) have agreed to collaborate in the professional investment field of the pet industry. They signed a Strategic Cooperation Framework Agreement on June 11, 2024. Party A, as the manager, intends to initiate the establishment of the Pingyang Pet Industry Fund with a target fundraising scale.
Petpal Pet Nutrition Technology (300673.SZ): Current ODM business for exporting to overseas markets is in a normal state of accepting and delivering orders, with full order tasks.
Petpal Pet Nutrition Technology (300673.SZ) stated on its investor platform on **** that its ODM business exported to the overseas market is currently in a normal state of receiving and delivering orders, with full order tasks and bases orderly carrying out work according to established plans. Pet food is a basic consumer product for raising pets and has strong ability to withstand cycles. With a large base and stable growth in the overseas market, the company will give full play to the advantages of research and development, global operations, and continuously enhance its competitiveness in the overseas market.
Express News | Petpal Pet Nutrition Technology: Changes in shareholding by controlling shareholders and persons acting in concert exceeding 1%.
Petty Convertible Bonds: The conversion price was adjusted from 17.83 yuan/share to 17.92 yuan/share, effective May 30
Petty Animal Nutrition Technology Co., Ltd. announced that the conversion price of “Petty Bonds Transfer” will be adjusted to 17.92 yuan/share. The adjustment will take effect on May 30, 2024. Previously, the conversion price was 17.83 yuan/share. The reason for the adjustment involved the cancellation of part of the repurchased shares by the company to reduce the registered capital.
Petty Co., Ltd. (300673): Domestic market revenue continues to grow, independent brands gradually expand
The company released its 2023 annual report and 2024 quarterly report: in 2023, the company achieved operating income of 1,411 million yuan, a year-on-year decrease of 18.51%; realized net profit to mother - 111 million yuan, compared to 1 in 2022
Petty Co., Ltd. (300673.SZ): The main raw materials are raw cowhide, chicken, vegetable starch, etc., not involving synthetic bioengineering
Gelonghui, May 15 | Petty Co., Ltd. (300673.SZ) said on the investor interactive platform that the company's main business integrates R&D, manufacturing, and sales of pet food with pet product brand operations. The main raw materials are raw cowhide, chicken, plant starch, etc., and does not involve synthetic bioengineering.
Petty Shares (300673.SZ): Gross margin was basically the same for the fourth quarter of 2023 and the first quarter of 2024
On May 13, GLONGHUI Co., Ltd. (300673.SZ) said at an online investor exchange event that gross margin for the fourth quarter of 2023 and the first quarter of 2024 was basically the same, stable month-on-month, and a sharp increase over the previous year, mainly due to the normalization of overseas market orders and increased capacity utilization in the first quarter of this year.
Petty Shares (300673.SZ): Total sales expenses are expected to maintain steady year-on-year growth in 2024
On May 13, Ge Longhui Co., Ltd. (300673.SZ) said at an online investor exchange event that the company implements a budget performance management system for sales expenses and assesses the efficiency and results of sales expenses investment. The company's own brand is currently still in the investment period. Brand building requires a certain cycle and costs a lot of money. In 2024, the company will continue to invest heavily in channels and promotion of key brands and key products. Total sales expenses are expected to maintain steady year-on-year growth in 2024 to support the goal of maintaining rapid growth in its own brand business.
Petty Co., Ltd. (300673.SZ): The New Zealand production line with an annual output of 40,000 tons of high-quality staple food was officially put into use in March 2024 and entered the commercial operation stage
Gelonghui, May 13 | Petty Co., Ltd. (300673.SZ) said at an online investor exchange event that the New Zealand production line with an annual output of 40,000 tons of high-quality staple food mainly uses the advantages of high-quality local raw materials such as beef, lamb, and seafood to produce fresh meat pet staple foods to meet the global market's demand for natural green and organic high-end pet food. The production line was officially put into use in March 2024 and entered the commercial operation stage. New Zealand staple foods will provide high-quality staple food products to the global market and prioritize supply chain services for independent brands. Starting this year, it will bring business growth to the company. Follow-up, as capacity utilization
Petty Co., Ltd. (300673.SZ): The company has sufficient orders in hand and full order delivery tasks
Gelonghui, May 13 | Petty Co., Ltd. (300673.SZ) said at an online investor exchange event that according to the company's tracking and observation, the inventory of overseas customers in the pet snack ODM business is currently at a normal level, and there are no significant external adverse effects. According to the company's current order delivery situation, both month-on-month and year-over-year growth trends were shown. The company has sufficient orders in hand, and the order delivery tasks are full.
Petty Co., Ltd. (300673) 2023 Annual Report and 2024 Quarterly Report Review: Overseas business is recovering well, independent brands are growing positively
Incident: Petty Co., Ltd. released its 2023 annual report and 2024 quarterly report. It achieved operating income of 1,411 billion yuan for the full year of 2023, -18.51% year on year; net profit loss to mother was 0.11 million yuan, same as in '22
Petty Co., Ltd. (300673): Export sales continued to recover and revenue increased in the first quarter
Investment Highlights Petty Shares Releases 2023 Annual Report & 2024 Quarterly Report: 1) In 2023, Petty Shares achieved operating income of 1,411 billion yuan, a year-on-year decrease of 18.51%; net profit loss to mother was 11.09 million yuan
Petty Co., Ltd. (300673): Overseas business gradually resumed, and net profit increased significantly in Q1
Event: The company's 2023 revenue -18.5%, net profit to mother -108.7%; 2024Q1 revenue +142.4%, net profit to mother +209.6%. The company achieved operating income in 20214.
Petpal Pet Nutrition Technology Co., Ltd. Just Recorded A 113% EPS Beat: Here's What Analysts Are Forecasting Next
It's been a pretty great week for Petpal Pet Nutrition Technology Co., Ltd. (SZSE:300673) shareholders, with its shares surging 13% to CN¥13.76 in the week since its latest first-quarter results.
Express News | Shanxi Securities: The high growth of domestic pet food brands is expected to continue
Petty Co., Ltd. (300673): Excellent Q1 performance in 2024, gradual restoration of overseas business
Key investment events: On April 23, the company released its 2023 annual report and 2024 quarterly report results. The company's total revenue in 2023 was 1,411 billion yuan (-18.51% year-on-year), and net profit to mother was -111 million yuan
Donghai Securities released a research report on April 25 stating that it gave Petty Shares (300673.SZ) a purchase rating. The main reasons for the rating include: 1) the gradual recovery of overseas business and the continued growth of domestic business;
Donghai Securities released a research report on April 25 stating that it gave Petty Shares (300673.SZ) a purchase rating. The main reasons for the rating include: 1) the gradual recovery of overseas business and the continued growth of domestic business; 2) the company's direct sales share increased year-on-year, and actively deployed online new media and Taotian flagship stores; 3) profitability recovered significantly in Q4 in 2023, and gross margin increased year-on-year in Q1 in 2024. (Mainichi Keizai Shimbun)
Open Source Securities released a research report on April 25 stating that it gave Petty Shares (300673.SZ) a purchase rating. The main reasons for the rating include: 1) the company's profit side grew with high flexibility as downstream orders recovered
Open Source Securities released a research report on April 25 stating that it gave Petty Shares (300673.SZ) a purchase rating. The main reasons for the rating include: 1) the company's profit side grew with high flexibility as downstream orders recovered and production capacity utilization increased; 2) the performance of staple food and wet food was outstanding, and the 40,000 ton high quality staple food production line in New Zealand was put into operation to increase the company's staple food layout; 3) the foreign business improved quarterly, and the domestic business benefited from strong sales of independent brands. (Mainichi Keizai Shimbun)
Huafu Securities released a research report on April 24 stating that it maintains the purchase rating of Petty Shares (300673.SZ), and the target price is 16.30 yuan. The main reasons for the rating include: 1) the inflection point of performance has been
Huafu Securities released a research report on April 24 stating that it maintains the purchase rating of Petty Shares (300673.SZ), and the target price is 16.30 yuan. The main reasons for the rating include: 1) the inflection point of performance has been reached. 2024Q1 revenue increased by 142.37%, and net profit to mother increased by 209.56%; 2) domestic business performance was good, and overseas business ushered in an inflection point; 3) by product, staple food revenue and gross margin both achieved a high increase; 4) the cost control management is good, and the cost ratio is stable. (Mainichi Keizai Shimbun)
Analysis
Price Target
No Data
