Earn nearly 100 million a day! Zhumao’s performance against the sky

On the evening of January 25, according to the performance forecast disclosed by muyuan Co., Ltd., the pig leader, the company is expected to make 27-29 billion yuan in 2020, and the non net profit is expected to reach 30-32 billion yuan.

 

The 2020 performance forecast disclosed by a number of pig enterprises also showed a sharp increase in performance.

 

01. “Zhumao” performance revealed: 30 billion a year!

Earn nearly 100 million a day! Zhumao's performance against the sky

Muyuan shares, known as “Zhumao” in the market, is expected to make a profit of 27-29 billion yuan in 2020, up 341.58% – 374.29% year on year, according to the announcement released on the evening of the 25th. The net profit after deducting non recurring profit and loss is higher, which is expected to reach 30 billion yuan to 32 billion yuan. According to this calculation, as a pig enterprise, muyuan shares earn nearly 100 million yuan a day.

 

As for the reason for the expected substantial growth in 2020, muyuan said that the company will sell 18.115 million pigs in 2020, an increase of 76.67% over the same period of last year. At the same time, affected by the domestic supply and demand, the price of live pigs increased significantly compared with the same period last year.

 

According to the above data, it is estimated that muyuan will sell about 50000 pigs per day in 2020 according to 365 days per year.

 

02. The performance of pig enterprises generally doubled

 

As live pig sales are the absolute main contribution to muyuan’s revenue and profit, according to the above 18.115 million live pig sales and muyuan’s estimated lower limit of non net profit deduction (30 billion yuan) in 2020, muyuan’s net profit from selling one pig in 2020 will exceed 1600 yuan.

 

In fact, it is not an isolated case that muyuan shares made huge profits in pig raising.

 

According to the disclosed performance forecast of pig enterprises, including muyuan shares, the performance of these enterprises will generally double in 2020.

 

For example, according to the performance forecast issued by tianbang, the net profit of the company in 2020 is expected to be 3.15-3.3 billion yuan, with a year-on-year growth of 3037.37% – 3186.77%; the non net profit is also expected to be 3.15-3.3 billion yuan, with a year-on-year growth of 101673.77% – 106520.14%, which means that the year-on-year growth is expected to exceed 1000 times!

 

Tang Renshen expects to achieve net profit of 900 million yuan to 1.1 billion yuan in 2020, with a year-on-year increase of 344.76% – 443.60%. It is expected to deduct non net profit of 880 million yuan to 1.08 billion yuan, with a year-on-year increase of 333.84% – 432.44%.

 

Dabei agriculture is expected to achieve net profit of about 1.9-2.1 billion yuan in 2020, with a year-on-year growth of 270.16% – 309.12%.

 

New Wufeng is expected to achieve a net profit of about 2.4-3.6 billion yuan in 2020, and the company’s profit in 2019 is only 63 million yuan.

 

LUONIUSHAN is expected to make a profit of 88-102 million yuan in 2020, up 192.96% – 239.57% over the same period of last year.

 

Longda meat is expected to achieve a net profit of about 900 million to 1 billion yuan in 2020, with a year-on-year growth of 273.64% – 315.16%.

 

The above enterprises have clearly mentioned that the sharp increase in profits is mainly due to the high price of pork, and the sales volume of some enterprises has increased significantly.

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For example, tianbang said that in 2020, the production capacity of the pig breeding industry is still in the process of recovery, the supply is still less than the demand, and the pig market price is still running at a high level. Internally, the main work of the company in 2020 is to expand the production capacity and improve the efficiency of pig breeding business. Tianbang shares said that the company realized a total of 3.0778 million live pigs sold in the whole year, an increase of 26% compared with last year. The average price per kilogram of multi breed combination of live pigs reached 51.46 yuan, an increase of 177% compared with last year. The average price per pig reached 2912.52 yuan, an increase of 51% compared with last year. The sales revenue of live pigs was 9.027 billion yuan, an increase of 92.65% compared with last year. The price of pigs was high and the number of pigs sold in the market was increased Is the main reason for the company’s performance growth.

 

Dabei Nong said that the main reasons for the expected growth of the company’s performance are: first, the pig breeding business maintains a high profitability; second, the overall development trend of the company’s feed business is good.

 

Luo Niushan said that during the reporting period, affected by the tight supply of domestic pig market, domestic pig prices rose significantly compared with the same period last year, and the company’s pig business profit increased significantly compared with the same period last year.

 

Longda meat said that the main reasons for the company’s performance changes in 2020 include the increased profitability of the company’s breeding, frozen meat and meat products businesses due to the high domestic pig prices.

 

03, profit rolling SAIC, Wuliangye, Lixun precision! Does raising pigs make more money than making cars or selling houses?

 

Judging from the current situation, thanks to the high price of pigs, the profits of pig raising enterprises will increase sharply in 2020. As a leading pig raising enterprise, the profit scale of muyuan shares has exceeded that of some leading enterprises in other very profitable industries.

 

Wind data shows that in the first three quarters of 2020, among more than 4000 A-share companies, muyuan’s net profit of 20.988 billion yuan has ranked 22nd, only lower than that of some large financial listed companies. Among non-financial listed companies, muyuan’s net profit is only lower than that of Guizhou Maotai, China Shenhua, China construction, conch cement, Sinopec and Midea Group.

 

The profit scale of muyuan is slightly higher than that of Vanke, the leading real estate company, SAIC and Wuliangye.

 

The profit scale of muyuan is significantly higher than that of some large OEM factories. For example, the net profit of industrial Fulian in the first three quarters of 2020 was 8.805 billion yuan, while that of Lucent precision was 4.68 billion yuan.

 

From the perspective of the companies that have released the 2020 performance forecast, the estimated net profit of muyuan is also in the forefront, higher than that of SAIC Group, Wuliangye, Baosteel, Wanhua chemical, Lucent precision, Zoomlion and other companies.

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