Another big pig farmer, Wen’s shares, has a huge loss of 2.5 billion, and the market value has plummeted by 100 billion and 160,000 shareholders.

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　　Original title: Thunder again! Large pig farmers have suffered a huge loss of 2.5 billion, and their market value has plummeted by 100 billion! 160,000 shareholders are dumbfounded…

Another big pig farmer suffered huge losses. . . . .

In the evening of July 16,Wen’s sharesAccording to the performance forecast, it is estimated that the net profit loss attributable to the parent in the first half of 2021 is 2.260 billion yuan to 2.560 billion yuan.

last night,Muyuan sharesIt also disclosed the semi-annual performance forecast, and the net profit in the first half of the year is expected to be 11 billion-11.5 billion yuan. As a big pig farmer, the net profit can be described as one sky and one place.

As soon as the performance pre-loss announcement came out, the stock bar exploded. Some netizens ridiculed: “Good fellow, you are raising landmines!” Some netizens also think that Wen’s pigs and Muyuan’s pigs are not the same kind of pigs, 囧. “

As of the quarterly report this year, the company still has more than 165,000 shareholders.

Performance burst into thunder!The first half of the first half of the performance is expected to lose up to 2.56 billion

On the evening of July 16th, “big pig farmer” Wen’s (300498) issued a performance forecast. It is expected that the net profit loss attributable to the mother in the first half of 2021 will be 2.260 billion-2560 million yuan, a year-on-year turnaround.

According to the announcement, during the reporting period, affected by the changes in the domestic live pig market, the price of live pigs experienced substantial and continuous declines, which had a greater impact on the pig industry. The company sold 4,687,300 pigs (including hairy pigs and fresh products), and the average sales price of hairy pigs was 23.33 yuan/kg, a year-on-year decrease of 31.34%. Coupled with the continuous rise of feed ingredients, which pushed up breeding costs, the company’s pig business profit dropped sharply year-on-year. Larger losses.

In addition, the company has made provisions for falling prices of inventories, as well as equity incentive expenses and other performance, totaling about 700 million yuan.

　　Last year’s performance has been “halved”, and the stock price has fallen by 60% in more than two years

It is worth noting that although the price of pork has only continued to fall in the past six months or so, the share price of Wen’s shares has continued to fall for almost two and a half years. From the high of 34.75 yuan/share in March 2019 to the current 13.52 yuan/share, in more than two years, the stock price has fallen by nearly 60%. The market value plummeted by more than 100 billion.

In terms of performance, Wen’s 2020 performance has been “halved.” Wen’s financial report shows that in 2020, it will realize operating income of 74.924 billion yuan, a year-on-year increase of 2.47%; realize a net profit of 7.426 billion yuan, a year-on-year decrease of 46.83%. In addition, in the first quarter of 2021, Wen’s shares achieved operating income of 16.816 billion yuan, a year-on-year decrease of 3.60%; net profit of 544 million yuan, a year-on-year decrease of 71.28%.

Since the beginning of this year, pork prices have continued to fall. The National Development and Reform Commission issued an early warning. From June 21st to 25th, the national average pig-to-food ratio was 4.90:1. In accordance with the “Improvement of the Government’s Pork Reserve Regulation Mechanism to Do a Good Job in Maintaining Supply and Stabilizing Prices in the Pork Market”, it has entered the first-level warning range of excessive decline (less than 5:1), and the central and local governments will initiate the purchase and storage of pork reserves. However, the “Second Brother” is still falling. On July 14, the Ministry of Commerce, together with the National Development and Reform Commission, the Ministry of Finance and other departments, carried out the second batch of central reserve pork purchasing and storage work this year, and it was scheduled to implement an open auction for purchasing and storage on July 14.

　　Dongxing SecuritiesIt is believed that purchasing and storage is conducive to the stabilization of live pig prices, and pig prices are expected to show a steady rise in the second half of the year. At the current stage, population adjustment and cost control are the main directions of the efforts of the breeding subjects. With the seasonal rebound of prices and the optimization of the cost of breeding enterprises, the profitability of enterprises is expected to gradually improve. It is recommended to focus on leading enterprises with obvious advantages in cost control.

　　Two heavens of ice and fire! Muyuan expects to make tens of billions and kill a group of “pig teammates” in seconds

The price of live pigs has been continuously falling sharply, and listed companies have issued half-year forecasts. It is inevitable that the performance of pig stocks will drop sharply, and many companies will turn losses.Tianbang sharesThe half-year loss is expected to be 550 million yuan to 650 million yuan, and a profit of 1.535 billion yuan in the same period last year, a year-on-year decrease of 136%-142%.Zhengbang TechnologyThe half-year loss is expected to be 1.2 billion yuan to 1.45 billion yuan, and a profit of 2.417 billion yuan in the same period last year, down 150% to 160% year-on-year.new HopeIn the first half of the year, a loss is expected to be 2.95 billion yuan to 3.45 billion yuan, and a profit of 3.164 billion yuan in the same period last year, a year-on-year decline of 193%-209%.

Compared with other “pig teammates”, Muyuan shares are like a god. On the evening of July 15, Muyuan disclosed its performance forecast for the first half of 2021. The company expects a net profit of 11 billion yuan to 11.5 billion yuan in the first half of the year; the net profit attributable to shareholders of listed companies is between 9.4 billion yuan and 10.2 billion yuan, a year-on-year decrease. 5.42% to 12.83%.

However, Muyuan’s share price fell from 92 yuan in early February to around 54 yuan, a retracement of more than 40%; the year-to-date increase has remained less than 1%. New Hope fell about 44%, Tianbang shares fell nearly 40%, and Zhengbang Technology fell 34%. As of the close of July 16, the latest market value of Muyuan is 286 billion yuan, which has surpassed the sum of New Hope (56.8 billion), Tianbang (11 billion), Zhengbang Technology (33.7 billion), and Wen’s (86.2 billion).

Editor in charge: Feng Tiwei