Jinyu bio-technology: The industry is in the lowest valley period in history. New products next year will contribute to revenue growth | Directly addressing the earnings conference.
①At the performance briefing, jinyu bio-technology's chairman Zhang Chongyu frankly admitted that the industry is currently experiencing the lowest trough in history; ②The company stated that the competition in the pig vaccine sector is intense, and it will maintain its market share. Several new vaccines will be launched in the next two years. It is expected that the new products next year will contribute to a certain increase in revenue.
Resumed trading with a one-character limit up, cabio biotech(wuhan) intends to acquire 65% equity of Eurobio symbol company with high debts.
1. Eurobio achieved a turnaround in profitability starting in 2023. From the first three quarters of 2022 to 2024, the target company achieved revenues of 0.265 billion yuan, 0.309 billion yuan, and 0.267 billion yuan respectively; 2. Xinda Securities stated that considering the closely related multiple group testing of the target company with cabio biotech(wuhan)'s existing synthetic biology research and development, it is expected that the two will form a strong synergistic effect.
Costs for 90% of pig enterprises have dropped to the range of 14 yuan: many companies say there is still room for cost reduction. Will profits stabilize next year? | Industry Observation
1. The cost of 90% of the listed pig companies has dropped to the range of 14 yuan per kilogram, including five companies such as Sunlon, Muyuan Foods, and Wens Foodstuff Group, which have dropped to the range of 13 yuan per kilogram; 2. Several listed pig companies have indicated that there is still some room for cost reduction in the fourth quarter and next year; 3. Industry insiders believe that the cost reduction achievements have become a moat for the long-term development of pig companies, helping companies expand their profit margins and enhance their risk resistance capabilities.
Pet food is selling well, and Petpal Pet Nutrition Technology's net profit in the first three quarters has increased by more than 6 times. | Financial report interpretation
petpal pet nutrition technology's net income in the first three quarters was 0.155 billion yuan, a year-on-year increase of 630.85%; ② The company's gross margin in the first three quarters was 28.01%, an increase of 11.19 percentage points compared to the same period last year.
Yantai China Pet Foods: Investment income increased in Q3 performance, while both selling expenses and gross margin decreased compared to the previous quarter. | Interpretations
1. yantai china pet foods Q3 performance increased significantly year-on-year, but the profit growth mainly came from investment income and government subsidies; 2. In Q3 of 2024, the company's sales expenses and gross margin both declined compared to the previous quarter, causing concerns among some investors.
Why did Xu Xin 'escape' the leisure snack track after three squirrels inc. and bestore co.,ltd. were successively reduced by Jinri Capital?
1. Today, Capital successively reduced its shareholdings in Three Squirrels Inc. and Bestore Co., Ltd., which may be driven not only by their own financial needs but also by the intense competition and slowing growth in the leisure snack industry. 2. Focusing on penetrating the lower-tier market and emphasizing ultimate value for money, traditional snack brands are facing strategic decisions in response to the rise of bulk snack stores.