Express News | Tianfeng Securities: Valuing expectation gaps and re-emphasizing the importance of the current pig cycle prosperity.
Express News | Shennong Group: Hog sales revenue in May was 345 million yuan.
Shennong Group (605296.SH): planning to raise no more than 290 million yuan through private placement.
On June 5th, Gelunhui reported that Shen Nong Group (605296.SH) announced its plan to issue A-shares to specific objects through simple procedures in 2024. The total amount of funds to be raised in this issue is 290 million yuan. After deducting the relevant issuing expenses, all the net proceeds from the funds raised will be used for the following projects: Wushan Township of Honghe Mile Shen Nong Livestock Co., Ltd. annual output of 240,000 high-quality piglets breeding base construction project, Yunnan Shen Nong Group Shilin Livestock Co., Ltd. Linkoupu breeding farm biosafety upgrade technology renovation project, industry chain digital intelligent construction project and supplementary working capital.
Shennong Group (605296): Low cost + high safety margin, developing aquaculture at the right time.
Investment highlights: Hog farming business is steadily developing, with plans to raise 2.5/3.5 million hogs in 2024/2025; impressive farming achievements with Q1 2024 complete cost of 14.5+ yuan/kg, leading the industry in terms of cost.
Changes in A-shares 丨Pork stocks strengthened, and Zhenghong Technology rose and stopped. At the beginning of the month, reluctance to sell was particularly strong, and the increase in pig prices increased
Gelonghui, June 3 | The A-share pork sector rose in the afternoon. Zhenghong Technology closed, and Guanghong Holdings came close to a standstill. Longda Food and Shennong Group rose more than 4%, Xiangjia shares rose more than 3%, Huatong Shares, Yisheng Shares, Xinwufeng, Superstar Farming and Animal Husbandry Co., Ltd., Lihua Co., Ltd. and Tang Ren Shen rose more than 2%. Affected by the decline in pig production capacity last year, the number of pigs released or gradually decreased in June. As a result, most breeding companies reduced their prices at the beginning of the month and raised prices. There was a strong sense of reluctance to sell, and pig prices continued to rise. As of June 2, the average price of pigs monitored by Zhuochuang Information in the country was 17.98 yuan/kg, up 0.49 yuan/kg from month to month. Go to 6
Express News | Shennong Group: The average full cost target for the year is below 14 yuan/kg, and the profit forecast for the year is positive and relatively optimistic
Shanxi Securities: The cycle is expected to gradually come to an end, and focus on the timing of the fourth “loss bottom” layout for pig farming
Whether looking at the reversal in 2024 or the reversal in 2025, we should pay attention to the timing of the fourth “loss bottom” layout of pig breeding stocks.
The pork sector picked up in a straight line. Zhenghong Technology closed up and down, Tang Renshen rose more than 5%, and superstar agriculture and animal husbandry, Shennong Group, Jingji Zhinong, Wen's shares, and Tiankang Biotech followed suit.
The pork sector picked up in a straight line. Zhenghong Technology closed up and down, Tang Renshen rose more than 5%, and superstar agriculture and animal husbandry, Shennong Group, Jingji Zhinong, Wen's shares, and Tiankang Biotech followed suit.
Shennong Group (605296): Taking advantage of rising pig prices, warm wind refining, low cost internal performance
The price increase in April increased; in a single month, the price increase of pig raising or profit companies in April; the rise in pig prices combined with the improvement in the company's breeding performance. We judge that the company may have made a profit of 0.07 to 0.09 billion yuan in April alone. We maintain profit forecasts
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.
League of Nations Securities: The agriculture, forestry, animal husbandry and fishery industry was sluggish in '23, and the 24-year farming cycle is picking up
In 2023, the agriculture, forestry, animal husbandry and fishery industry is still in a dormant period at the bottom of the cycle. The downturn in the aquaculture industry has also spread to upstream feed, animal protection and other sectors. Small and medium-sized enterprises are under pressure to clear up one after another, and the pace of industry integration and acquisitions is accelerating.
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.
The farming sector fluctuated and picked up, with Guanghong Holdings rising nearly 7%, followed by Golden Ham, Shennong Group, Haida Group, New Hope, and Dongrui Co., Ltd.
The farming sector fluctuated and picked up, with Guanghong Holdings rising nearly 7%, followed by Golden Ham, Shennong Group, Haida Group, New Hope, and Dongrui Co., Ltd.
Zhitong A Share Sale Restriction and Release List | May 9
According to the Zhitong Finance App, the ban on restricted shares of 9 listed companies was lifted on May 9, with a total market value of about 1,244 billion yuan. Today's specific sales restrictions and unbanned shares are as follows: Stock abbreviation, stock code, restricted stock type, number of banned shares, Zhongfu Industrial 600,595 share incentives, 1,585 million, Colon Pharmaceutical 002422, share incentives, 2.24910,000, Dream Lily 603,313 additional A shares, original shareholders placed and listed 85,2878 million, Design Institute 603,357 share incentives, limited circulation, 517.47 Wan Shennong Group 605296 share incentive limited circulation 466.5 million
Yunnan Shennong Agricultural Industry Group Co.,LTD.'s (SHSE:605296) Intrinsic Value Is Potentially 93% Above Its Share Price
Key Insights The projected fair value for Yunnan Shennong Agricultural Industry GroupLTD is CN¥80.24 based on 2 Stage Free Cash Flow to Equity Yunnan Shennong Agricultural Industry GroupLTD's CN¥41.
Yunnan Shennong Agricultural's April Pig Sales Revenue Rises to 301 Million Yuan
Yunnan Shennong Agricultural Industry Group's (SHA:605296) pig sales reached 301 million yuan, up from 167 million yuan a year earlier, according to a Wednesday filing with the Shanghai bourse. The nu
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.
Express News | Shennong Group: Revenue from pig sales in April 2024 was 301 million yuan
Shennong Group (605296) 2024 Quarterly Report Review: 24Q1 Release High Cost Improvement Helps Significantly Reduce Losses
The company released its 2024 quarterly report. The company achieved revenue of 1,082 billion yuan in 2024Q1, +20.82% year-on-year, and +5.93% month-on-month; realized net profit to mother of -3.5659 million yuan, compared to -1 for the same period last year
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