Last week (February 21-25), the A-share market was mixed. The Shanghai index rose for two consecutive weeks at the end of the week, falling 1.13% and the gem index closed up 1.03%. By industry, power equipment, national defense and military industry and electronics led the increase, while building decoration, building materials and media fell significantly.
during period, the overall popularity of institutional research decreased. A total of 158 companies in Shanghai and Shenzhen disclosed the records of investor relations activities, with a month on month decrease of nearly 30. However, the phenomenon of institutional research continued, and more than 10 companies were investigated by more than 100 institutions during the week
Among them, Ganyuan Foods Co.Ltd(002991) respectively disclosed the research records on February 22 and 24, and the company received more than 300 institutions in total.
in addition, Luxshare Precision Industry Co.Ltd(002475) and Zhejiang Entive Smart Kitchen Appliance Co.Ltd(300911) were “knocked” by more than 200 institutions
In terms of industry, most of the companies in the machinery industry received research shares last week, and 21 companies in the sector including Youngy Co.Ltd(002192) , Hangzhou Oxygen Plant Group Co.Ltd(002430) , Shanghai Hanbell Precise Machinery Co.Ltd(002158) , Lanzhou Ls Heavy Equipment Co.Ltd(603169) , etc. received research.
It is worth mentioning that companies in the popular food processing sector, which are not popular in research, have attracted significantly more attention. Not only the aforementioned Ganyuan Foods Co.Ltd(002991) , Chacha Food Company Limited(002557) , Jiajia Food Group Co.Ltd(002650) , Chen Ke Ming Food Manufacturing Co.Ltd(002661) , but also received a number of institutions during the week.
since the end of last year, a number of A-share food and beverage companies have raised prices. In recent research activities, the organization also focused on the effectiveness of price increases by companies and the mitigation of upstream cost pressure
Chacha Food Company Limited(002557) on October 22 last year, the ex factory prices of sunflower seed series products, pumpkin seeds and small and fragrant watermelon seeds were adjusted, and the price increases of various categories ranged from 8% to 18%.
On February 24 and 25, Chacha Food Company Limited(002557) received research from Wells Fargo fund, Agricultural Bank of China Huili, Schroeder fund and other institutions. According to the company, the price adjustment is relatively smooth, and the adjustment is basically completed within two months. In the short term, the price adjustment has no impact on the sales volume. In the long term, it needs to be further observed.
Chacha Food Company Limited(002557) the latest performance express is also interpreted by the industry as reflecting the smooth price increase and adjustment of the company. In 2021, the company’s revenue was 5.985 billion yuan, a year-on-year increase of 13.15%; The net profit was 930 million yuan, a year-on-year increase of 15.52%; The basic earnings per share is 1.83 yuan.
On the price trend of cost side sunflower seeds Chacha Food Company Limited(002557) judging from the current procurement of sunflower seed raw materials, the cost has increased. The price of sunflower seeds in the future is mainly affected by the planting area, planting cost, weather in the harvest season and other factors. With the rise of some price indexes, it is expected that the cost of raw materials may increase slowly in the future.
Jiajia Food Group Co.Ltd(002650) issued a price increase announcement in November last year, which adjusted the ex factory prices of soy sauce, oyster sauce, cooking wine, chicken essence and vinegar by 3% ~ 7%. In the latest research activities, the company said that the overall average price adjustment range is about 5%, and the price increase range also takes into account the acceptance of consumers, which will not have a great impact from the perspective of consumers. The price increase is mainly aimed at condiments. At present, the price transmission is good.
Referring to the average price increase of the company’s products last year, Chen Ke Ming Food Manufacturing Co.Ltd(002661) previously said that the price of flour was increased by about 20%, the main selling products of noodles were increased by 2% – 5%, and the average price increase of convenience food was less than 1%; After the price increase, the market dynamic sales are relatively benign.
Ganyuan Foods Co.Ltd(002991) also said that last year, the company basically covered the cost pressure caused by the rise of raw materials by raising prices. In addition, it would reserve some important raw materials in advance, which can ensure the supply of raw materials on the one hand and alleviate the impact of the rise of raw material prices on the other hand. In addition to the impact of the epidemic, the price of palm oil has been at a high level with high fluctuation frequency, frequent use of materials and inconvenient storage, and the general procurement cycle is short.
In addition, Ganyuan Foods Co.Ltd(002991) also revealed the latest product planning. The company plans to hold new product launches in many cities at the end of February for the first round of investment promotion. The new products include taste nuts and peanut products of Ganyuan brand, baking, puffing and crispy products of sub brands. At present, Anyang factory and Pingxiang factory are actively producing to prepare for the upcoming new product launch and spring sugar and Wine Faircenter>
