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Northeast Securities: Growth in pet-owning population and consumption upgrade drive sustained increase in demand for pet products.
Attention should still be paid to risk factors such as fluctuations in overseas demand, rising raw material prices, and intensifying industry competition.
Tianyuan Pet: First Quarter Report for 2026
Tianyuan Pet (301335.SZ) announced its Q1 performance, with a net profit attributable to shareholders of 13.2943 million yuan, representing a 20.00% decrease.
Tianyuan Pet (301335.SZ) released its first-quarter report for 2026. The company's operating revenue amounted to 682 million yuan, representing a year-on-year increase of 19.82%. The net profit attributable to shareholders of the listed company was 13.2943 million yuan, reflecting a year-on-year decrease of 20.00%. The net profit attributable to shareholders of the listed company after excluding non-recurring gains and losses was 10.6935 million yuan, marking a year-on-year decline of 27.65%. The basic earnings per share were 0.11 yuan.
Tianyuan Pet (301335) 2025 Annual Report Commentary: Profit Recovery Observed, Incentives Reflect Confidence
Matter: The company disclosed its 2025 annual report, achieving a total revenue of 3.002 billion yuan for the year, representing a year-on-year increase of 8.61%. The net profit attributable to shareholders reached 58.8398 million yuan, marking a year-on-year growth of 28.02%. The non-recurring net profit attributable to shareholders was 4.67 million yuan.
Tianyuan Pets: Summary of the 2025 Annual Report
Tianyuan Pet: 2025 Annual Report