002714 Muyuan Foods
- 43.92
- -0.52-1.17%
Muyuan Foods News
Makiyuan Co., Ltd. (002714.SZ): Net loss of 2,379 billion yuan in the first quarter
On April 26, Ge Longhui Co., Ltd. (002714.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 262.72 billion yuan, up 8.57% year on year; net profit attributable to shareholders of listed companies was 2.379 billion yuan; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 2.387 billion yuan; basic earnings per share -0.44 yuan.
Huatai Securities: The off-season will take full advantage. What should we pay attention to when investing in pig stocks?
Huatai Securities released a research report saying that pig prices have fluctuated and declined since April, but the pullback has not been significant. The off-season is over, pig prices are expected to rise steadily from May, 24Q2 pig prices may improve year on month, and drive pork's contribution to CPI to the right.
China Post Securities: March capacity data diverged, pig prices may rise in the second half of the year
Moreover, currently pig prices have not yet entered the profit range, so there is no need to worry about the loss of production capacity as a result.
Everbright Securities: The investment logic has switched from accelerated removal of production capacity to rising pig prices. Pig prices are expected to fluctuate at a low slope
As the amount of newborn piglets in the upstream shrinks and spreads to commercial pigs, compounded by a recovery in demand during the peak season, pig prices are expected to fluctuate upward at a low slope in April and May.
Changjiang Securities: Non-linear capacity removal in the pig breeding industry may open up investment opportunities in the optimistic sector
Changjiang Securities released a research report stating that in the first quarter of 2024, when pig prices are still relatively low, it is expected that sector performance will continue to be under pressure, and the industry may begin to remove production capacity nonlinearly.
League of Nations Securities: How do you view the changes in breeding sows in March?
Guolian Securities believes that considering the decline in production capacity over the past year, the current funding situation on the farming side has not recovered, and the upcoming rainy season is also putting pressure on the prevention and control of swine disease in the south. Currently, the market on the right side is still in its infancy, and continuity is still sufficient.
Research Report Nuggets丨Guoxin Securities: The pigs released by Muyuan Co., Ltd. in '24 are expected to grow steadily year over year, maintaining a “buy” rating
According to the Guoxin Securities Research Report, Muyuan Co., Ltd. (002714.SZ) is a benchmark pig enterprise with an excellent management level. The cost has remained the highest in the industry for a long time, and the company continues to explore in 2023Q1-Q3. The total cost of commercial pigs is estimated to be about 14.5 yuan/kg, which is nearly 350 yuan in excess profit compared to the industry's single-head farming. The company has sufficient production capacity reserves. By the end of 2023, the number of breeding heads was 3.129 million, and 63.82 million pigs will be released in 2023. Steady year-on-year growth is expected in 2024. Based on the long-term accumulation of binary backcrossing breeding systems, the company is also expected to increase in the cycle
Muyuan Foods' Pig Sales Revenue Jumps in March
Muyuan Foods (SHE:002714) earned pigs sales revenue of 9.08 billion yuan for March, jumping from 8.75 billion yuan a year ago, the company said in its filing on the Shenzhen Stock Exchange. The pork p
Makihara Co., Ltd. (002714.SZ): March pig sales revenue of 9.075 billion yuan
Gelonghui, April 8, 丨 Muyuan Co., Ltd. (002714.SZ) announced that in March 2024, the company sold 5.471 million pigs (including 4.937 million commercial pigs, 475,000 piglets, and 59,000 breeding pigs), with sales revenue of 9.075 billion yuan. Of this, a total of 855,000 pigs were sold to the wholly-owned subsidiary Makihara Meat Food Co., Ltd. and its subsidiaries. In March 2024, the company's commercial pig price increased compared to January-February 2024. The average sales price of commercial pigs was 14.24 yuan/kg, up 2.89% from January-February 2024. 2024
Caitong Securities: The pig cycle is declining for a long time, can CPI rise?
The Zhitong Finance App learned that CaiTong Securities released a research report saying that the current pig cycle is at the bottom of the downward cycle. The current upward phase has continued for 6 months, while the downward phase has continued for about 16 months, which is close to 3 times the upward period.
Pioneer Securities: Food Nuggets Category Dividends; Degradation of Pig Production Capacity Continues
Pioneer Securities released a research report saying that as the mass snack industry enters the merger and acquisition integration stage, the industry gradually shifts from previous price competition to product supply chain optimization and cost reduction and efficiency. On the other hand, the current pig breeding sector has a high margin of safety, and allocation opportunities are more obvious.
China Post Securities: Volume cuts and price increases can be expected to reverse the pig industry cycle
Affected by the Spring Festival, the average monthly sales volume of pig companies listed in January-February declined, but due to a recovery in low prices and weight gain, individual losses are expected to decrease.
Is Muyuan Foods Co., Ltd.'s (SZSE:002714) Latest Stock Performance A Reflection Of Its Financial Health?
Most readers would already be aware that Muyuan Foods' (SZSE:002714) stock increased significantly by 9.7% over the past month. Since the market usually pay for a company's long-term fundamentals, w
Western Securities: The number of pig companies listed in January-February increased year-on-year, and pig production capacity is still high
Western Securities released a research report saying that the consolidated listing volume of listed pig companies continued to increase year-on-year in January-February, indicating that production capacity is still high and supply is relatively sufficient. It is recommended to seize opportunities in the layout of the pig breeding sector and focus on listed pig companies with strong certainty in listing growth and steady management.
Makiyuan Co., Ltd. (002714.SZ): At this stage, the daily weight gain of fattening pigs is about 800g
Gelonghui March 12 | Muyuan Co., Ltd. (002714.SZ) said on the investor interactive platform that the daily weight of the company's fattening pigs is about 800g at this stage. Daily weight gain refers to the average daily weight gain of pigs during the fattening stage calculated by the company based on overall transfer weight, sales weight, and number of fattening days.
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.
Huachuang Securities: Eryu enters the market to support pig prices and the trend of capacity removal remains unchanged
Huachuang Securities released a research report saying that the slaughter rate has gradually returned to normal, and the price difference between standard fertilizer has greatly supported Eryu's entry into the market, driving price fluctuations to strengthen.
Muyuan Co., Ltd. (002714.SZ): Currently, 10 slaughterhouses have been put into operation, with a total production capacity of 29 million heads/year
Gelonghui, March 8 | Muyuan Co., Ltd. (002714.SZ) was recently surveyed by investors on “Future development plans for the company's slaughter business?” The company replied that it has now put into operation 10 slaughterhouses with a total production capacity of 29 million heads/year. In the future, the meat slaughter sector will continue to carry out matching plans according to existing aquaculture production capacity to achieve basic coverage of slaughter production capacity in regions with intensive farming production capacity. The pigs slaughtered by the company's slaughter section are all self-raised pigs from the company's breeding sector. The slaughter side can obtain actual consumer demand for pork products and push the breeding side to carry out pig production guided by market demand
Muyuan Co., Ltd. (002714.SZ): The coverage rate of intelligent environmental control and intelligent pipe chain has reached more than 90%
Gelonghui, March 8 | Muyuan Co., Ltd. (002714.SZ) was recently surveyed by investors on “the promotion and application of the company's intelligence and informatization?” The company replied that at this stage, the company's intelligent equipment has been used on a regular basis in the pig breeding process. The coverage rate of intelligent environmental control and intelligent pipe chains has reached more than 90%. The overall operation of various types of intelligent equipment is stable, and the integration with production management continues to improve. At the same time, the data obtained by the intelligent equipment will eventually be aggregated to the information management platform for analysis, improving management efficiency. In the future, the company will continue to increase R&D investment in intelligence and digitalization
Makihara Co., Ltd. (002714.SZ): The sales price of piglets has risen recently, and the company's piglet sales have increased to a certain extent
Gelonghui March 8 丨 Muyuan Co., Ltd. (002714.SZ) was recently surveyed by investors on “the company's current piglet cost and sales situation?” The company replied that the cost of weaning piglets in February was around 325 yuan/head. The company's piglet sales are mainly affected by market demand. Recently, the sales price of piglets has risen, and the company's piglet sales have increased to a certain extent. In the future, the company will make comprehensive decisions on piglet sales based on customer needs and market conditions.
Analysis
Price Target
No Data
