01610 COFCO JOYCOME
- 1.790
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COFCO JOYCOME News
中糧家佳康：2023年年報
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.
Changes in Hong Kong stocks | COFCO Jiajiakang (01610) rose more than 6%, leading the rise in pork concept stocks, pig prices were strong, and pig farming may turn a loss into a profit in the second quarter
Pork concept stocks rose. As of press release, COFCO Jiajiakang (01610) rose 6.02% to HK$1.76; Wanzhou International (00288) rose 2.78% to HK$5.54.
COFCO Jiajiakang (01610) appoints Jin Qiu as Joint Company Secretary
According to the Zhitong Finance App, COFCO Jiajiakang (01610) announced that due to the division of labor adjustments, Zhang Nan has resigned as the company's joint company secretary since April 18, 2024, and is still the company's executive director, general manager, and a member of the Food Safety Committee. Since the same day, Jin Qiu has been appointed as Joint Company Secretary. Zhou Qingling will continue to serve as another joint company secretary.
Hong Kong Stock Concept Tracking | The inflection point in the pig cycle has stabilized in the North and South, and the inflection point of the pig cycle is becoming more clear (with concept stocks)
Recently, as the temperature rises, digestion of white stripes from large pigs has slowed down, and slaughterers have reduced their procurement of medium and large pigs, but the number of pigs sold has increased, and market supply has exceeded demand, which has led to a brief correction in pig prices. According to statistics from Zhuochuang, the average price of pigs nationwide was 15.11 yuan/kg on April 16, down 0.05 yuan/kg from the previous month. However, the South is generally stable, and the farming side is more willing to raise prices. As the north falls, the north-south price gap narrows, leading to a decrease in the transfer of pigs from South to North, supporting the market. It is expected that pig prices may stop falling and stabilize in the short term. Since the end of 2022, the pig breeding industry has continued to lose money for 15 months, and the average loss margin is also at a high level in history
Changes in Hong Kong stocks | COFCO Jiajiakang (01610) is now up more than 4%, and the pig breeding industry continues to lose money and is expected to accelerate the progress of the industry's capacity removal
COFCO Jiajiakang (01610) is now up more than 4%. As of press release, it has risen 3.66% to HK$1.7, with a turnover of HK$12.881 million.
Consumption of off-season pig prices continues to rise, which has a better chance of exploring COFCO Jiajiakang (01610) or Wanzhou International (00288)?
Although the current fundamental data does not yet support the conclusion of a complete reversal of the industry, the appeal of the cycle also lies in fluctuations and poor expectations. For fervent investors, the present may already be a time window for early reversal of the game cycle.
COFCO Joycome Foods Limited's (HKG:1610) Subdued P/S Might Signal An Opportunity
There wouldn't be many who think COFCO Joycome Foods Limited's (HKG:1610) price-to-sales (or "P/S") ratio of 0.6x is worth a mention when the median P/S for the Food industry in Hong Kong is similar a
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.
Zhitong Hong Kong stocks have long known | Four departments optimize payment services for key cultural tourism sites The global oil market may face a small supply gap this year
[Today's Headlines] Four departments: Three-star and above tourist hotels, 5A and 4A scenic spots, etc. must achieve full domestic and foreign bank card acceptance coverage. The People's Bank of China, the Ministry of Culture and Tourism, the State Administration of Foreign Exchange, and the State Administration of Cultural Heritage jointly issued the “Notice on Further Optimizing Payment Services at Key Cultural Tourism Places to Improve Payment Convenience”. The “Notice” clearly states that three-star and above tourist hotels, national 5A and 4A tourist attractions, national and provincial tourist resorts, and national tourist and leisure districts must achieve full coverage of domestic and foreign bank card acceptance. Business entities related to key cultural tourism venues should maintain manual ticketing windows to support cash payments
COFCO Joycome Posts 445 Million Yuan Loss in Q1
COFCO Joycome Foods' (HKG:1610) hog production stood at 812,000 heads during the three months ended March. 31, according to Tuesday's filing with the Hong Kong bourse. The group recorded a net loss, b
COFCO Jiajiakang (01610.HK) released 257,000 pigs in March
Gelonghui, April 9, 丨 COFCO Jiajiakang (01610.HK) released an operating report for March 2024. 257,000 pigs were sold in that month, the average sales price of commercial pigs was 14.65 yuan/kg, and the sales volume of fresh pork was 205,000 tons.
Hong Kong stock concept tracking | Pork prices have been rising for 3 weeks, and the safety margin in the pig breeding industry is high (with concept stocks)
Pork prices have been rising for 3 weeks
Changes in Hong Kong stocks | Pork concept stocks are rising against the market, and pig prices are once again falling, and there is limited room for a rebound after the peak season
Pork concept stocks reversed the market. As of press release, COFCO Jiajiakang (01610) rose 5.2% to HK$1.82; Wanzhou International (00288) rose 2.91% to HK$5.3.
Changes in Hong Kong stocks | COFCO Jiajiakang (01610) rose more than 4% Recently, pig prices fluctuated and rose, and the company bucked the trend and made profits in 23 years
COFCO Jiajiakang (01610) rose more than 4%. As of press release, it rose 4.14% to HK$1.76, with a turnover of HK$17.818,700.
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.
Changes in Hong Kong stocks | COFCO Jiajiakang (01610) rose by more than 4%, rising secondary education ratio, compounding pressure sentiment, boosting pig prices
COFCO Jiajiakang (01610) rose more than 4%. As of press release, it rose 4.27% to HK$1.71, with a turnover of HK$367.193 million.
Hong Kong stock concept tracking | Pig prices may still have room to rise in the second quarter, and a reversal of the pig industry cycle can be expected (with concept stocks)
According to Zhuochuang information, as pig prices rose after the Spring Festival holiday, self-breeding pigs and fattening piglets all returned to profit in mid-March. However, due to the low cost of raising piglets in the early stages, the profit from raising piglets is currently higher than the self-breeding and self-raising model. There may still be room for pig prices to rise in the second quarter, and profits from self-breeding and self-raising may continue to rise. Everbright Securities believes that the current inflection point in pig prices has arrived. As the contraction in the number of newborn piglets since October '23 is in place, it is expected that commercial pig sales will continue to shrink in April, supporting the gradual upward trend in pig prices. However, the current financial pressure on the industry is still increasing. Based on an analysis of pig companies' sales in the past six months, Everbright Securities
Changes in Hong Kong stocks | COFCO Jiajiakang (01610) fell more than 4%, annual revenue fell by more than 10%, and the fair value of biological assets changed significantly
The Zhitong Finance App learned that COFCO Jiajiakang (01610) fell by more than 4%. As of press release, it was down 4.09% to HK$1.64, with a turnover of HK$36.1864 million. According to the news, COFCO Jiajiakang previously announced the results. The company's revenue in 2023 was about 11.568 billion yuan, down 10.3% from the previous year; before the fair value of biological assets was adjusted, the profit attributable to the company owner was about 51.138 million yuan, and the loss due in 2022 was about 320 million yuan. It is worth noting that the fair value of the company's biological assets was 2.202 billion yuan at the end of 2023 and 30 at the end of 2022
Zhitong Hong Kong Stock Exchange Unravels | Easing expectations revive capital attacks the direction of economic recovery
After the Federal Reserve's seat was settled, backward Hong Kong stocks finally rebounded and went short. They remained above the gap throughout the day, and closed up 1.93%.
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