ST Tianbang (002124.SZ): In May, the sales revenue of commodity pigs was 846 million yuan.
On June 5th, Gelunhui reported that special treat Tianbang (002124.SZ) sold 556,300 commodities pigs (including 168,000 piglets) in May 2024, with sales revenue of 845,658,500 yuan and an average sales price of 17.51 yuan/kg (the average price of commodity fattened pigs is 15.88 yuan/kg), with changes of 22.22%, 28.92%, 3.53% month-on-month respectively. From January to May 2024, the company sold 2.5232 million commodity pigs (including 0.7728 million piglets) with sales revenue of 3.188146 billion yuan and an average sales price of 15 yuan/kg.
ST Tianbang (002124.SZ): The company sold 2,525,600 pigs in the fourth quarter of 2023
Gelonghui, May 29丨ST Tianbang (002124.SZ) said on the investor interactive platform that the company sold 2,525,600 pigs in the fourth quarter of 2023, with piglets accounting for 30.5% of sales. This is mainly due to the company's early release of some piglets and small-weight commercial pigs to prevent non-plague. The company dynamically adjusts the listing scale and listing structure according to market conditions and cash flow management requirements.
Price “ride a rocket”! The inflection point of the pig cycle is approaching. Institutions: May and June will show a slow upward trend
Full of impetus
ST Tianbang (002124.SZ): The cumulative slaughter volume of 394,700 heads in the first quarter increased 146% year-on-year
Gelonghui, May 7 | ST Tianbang (002124.SZ) said on the investor interactive platform that the company slaughtered 394,700 heads in the first quarter of 2024, an increase of 146% over the previous year. The company aims to continue to improve the utilization rate of slaughter production capacity, achieve profit in the slaughter business as soon as possible, and actively develop sales channels for terminal products to achieve collaborative development of the “farming-slaughtering-food” industry chain.
ST Tianbang (002124.SZ): The complete cost of fattening in the first quarter was reduced to 15.31 yuan/kg
Gelonghui, May 7 | ST Tianbang (002124.SZ) said on the investor interactive platform that the decline in losses in the first quarter was mainly due to lower farming costs and restructuring. The company's total cost of fattening in the first quarter was reduced to 15.31 yuan/kg. On the one hand, due to the company continuing to take various measures to reduce costs and increase efficiency, on the other hand, due to partial depreciation anticipated in 2023, preparations for resale in the first quarter. In addition, the sales price of piglets was high in the first quarter, especially in March. The company accelerated the release of piglets accordingly, accounting for 30.5% of piglets released in the first quarter.
Little Excitement Around Tech-Bank Food Co., Ltd.'s (SZSE:002124) Revenues As Shares Take 26% Pounding
Tech-Bank Food Co., Ltd. (SZSE:002124) shareholders won't be pleased to see that the share price has had a very rough month, dropping 26% and undoing the prior period's positive performance. Instea
Tianbang Food (002124.SZ): The complete cost of fattening in the first quarter of 2024 is about 15.31 yuan/kg
Gelonghui, April 30 | Tianbang Food (002124.SZ) said on the investor interactive platform that the company's total cost of fattening in the first quarter of 2024 was about 15.31 yuan/kg. On the one hand, due to the company continuing to take various measures to reduce costs and increase efficiency, on the other hand, due to partial depreciation anticipated in 2023, it is preparing to be resold in the first quarter. This year, the company will continue to take cost reduction and efficiency as the core of management, and take more measures to reduce costs.
Tianbang Foods (002124.SZ) announced first-quarter results, with net profit of 604 million yuan, turning a loss into a profit
According to Zhitong Finance App, Tianbang Food (002124.SZ) released its report for the first quarter of 2024. The company's operating income was 2.05 billion yuan, down 5.69% from the previous year; net profit attributable to shareholders of listed companies was 604 million yuan, which turned a loss into a profit; net loss attributable to shareholders of listed companies after deducting non-recurring profit and loss was 455 million yuan, which narrowed; and basic earnings per share were 0.2717 yuan/share.
Tianbang Food (002124.SZ): In 2023, the company slaughtered a total of 1,563,700 pigs, an increase of 34% over the previous year
Gelonghui, April 18, 丨 Tianbang Food (002124.SZ) said on the investor interactive platform that the pork and meat products of the “Pickpoint Taste” brand in the company's food sector are all derived from high-quality pig sources within Han Shiwei's system, thus ensuring that the flavor is recognized by the market due to the unique quality and taste of “fragrant meat”. The utilization rate of the company's slaughter capacity is steadily increasing. In 2023, the company slaughtered a total of 1,563,700 pigs, an increase of 34% over the previous year. The company aims to continue to improve the utilization rate of slaughter production capacity, achieve profit in the slaughter business as soon as possible, and at the same time actively develop sales channels for terminal products to achieve “aquaculture - slaughter - food
Is Tech-Bank Food Co., Ltd. (SZSE:002124) Worth CN¥2.9 Based On Its Intrinsic Value?
Key Insights Tech-Bank Food's estimated fair value is CN¥2.22 based on Dividend Discount Model Tech-Bank Food's CN¥2.87 share price signals that it might be 29% overvalued The CN¥2.56 analyst pri
Tianbang Food (002124.SZ): The company's average total cost of fattening for the full year of 2023 is less than 18 yuan/kg
Gelonghui March 28 | Tianbang Food (002124.SZ) said on the investor interactive platform that throughout 2023, the company adopted measures such as sub-efficient air filtration transformation, blue ear purification, and genetic upgrading in sow farms to effectively improve breeding efficiency and achieve a steady reduction in costs. The company's average total cost of fattening for the full year of 2023 was less than 18 yuan/kg, of which 17.5 yuan/kg in the third quarter and 16.6 yuan/kg in the fourth quarter. The cost of weaned piglets also showed a downward trend in 2023. The average cost for weaned piglets for the whole year was around 360 yuan.
Tech-bank Food Plans Debt Revamp; Shares Up 3%
Tech-bank Food (SHE:002124) plans to undergo a debt restructuring scheme due to large losses brought by low pig prices, causing the company to fail in paying its debts, according to a filing with the
Tianbang Food (002124.SZ): The main business lost a lot, and the balance ratio was high
Gelonghui, March 19 | Tianbang Food (002124.SZ) said on the investor interactive platform that due to factors such as the continued slump in pig sales prices combined with non-plague disturbances, the company's main business lost a lot, and the balance ratio was high. The company is currently facing the problem that some of its debts cannot be renewed when matured and are difficult to repay. In order to avoid debt settlement affecting the company's production and operation activities and loss of commercial value, the company voluntarily applies for restructuring and pre-restructuring, actively rescues itself, and avoids continuing to affect the company's operations in the future due to debt problems. Unlike bankruptcy and liquidation, a company will maintain its legal personality and public listing during the pre-restructuring and reorganization phase
Tianbang Foods (002124.SZ): Proposed sale of 0.41% of the shares in the participating company Shiji Biotech
On March 11, Gelonghui | Tianbang Food (002124.SZ) announced that in order to better guarantee the implementation of the company's overall strategy, the company further sold shares in the participating company Shiji Biotechnology Co., Ltd. (formerly “Shiji Biotechnology (Nanjing) Co., Ltd.”, “Shiji Biotech (Nanjing) Co., Ltd.” or “Target Company” for short). <股权转让协议>The 28th (temporary) meeting of the 8th board of directors and the 26th (temporary) meeting of the 8th board of supervisors held by the company on March 9, 2024 reviewed and passed the “Proposal on Signing and Selling Part of the Shares of Participating Companies”. Recently, the company and Chengdu Xinheng Pharmaceutical have
Everbright Securities: The holiday effect of pig companies' reduced sales volume and price increases in February
Affected by the shutdown of slaughter companies during the Spring Festival and the decline in consumer demand after the holiday season, the overall release of pig companies slowed down in February.
Tianbang Food (002124.SZ): Commercial pig sales revenue of 442 million yuan in February
Gelonghui, March 6 | Tianbang Food (002124.SZ) announced that in February 2024, the company sold 4012,000 commercial pigs (including 127,700 pigs), with sales revenue of 442.475 million yuan and an average sales price of 14.53 yuan/kg (average price of commercial fat pigs was 13.50 yuan/kg), with month-on-month changes of -42.81%, -30.80%, and 10.09%, respectively. In January-February 2024, 1.102,700 commercial pigs were sold (of which 363,300 piglets were sold), with sales revenue of 108,188,800 yuan, with sales average
Tech-Bank Food (SZSE:002124 Shareholders Incur Further Losses as Stock Declines 5.3% This Week, Taking Five-year Losses to 78%
We're definitely into long term investing, but some companies are simply bad investments over any time frame. We don't wish catastrophic capital loss on anyone. Imagine if you held Tech-Bank Food Co
Tianbang Foods (002124.SZ) plans to sell 2.5% of the shares in the participating company Shiji Biotech
Tianbang Foods (002124.SZ) issued an announcement. In order to better guarantee the implementation of the company's overall strategy, the company further announced...
A pig farmer's super long winter
Battle Pig Cycle
Tech-bank Food's Revenue From Hog Sales Jump 17% in January; Shares Up 5%
Tech-bank Food (SHE:002124) posted a 17% year-over-year jump in revenue from hog sales in January to 639.4 million yuan, according to a filing on Thursday. The Chinese pig producer sold 701,500 commer
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