On January 18, “Zhumao” Muyuan Foods Co.Ltd(002714) released the performance forecast for 2021. It is estimated that the net profit last year was 7-8.5 billion, a year-on-year decrease of more than 70%.
After the news came out, the investors quickly blew the pot. Data show that in the process of “Zhumao” falling all the way last year, more than 170000 shareholders entered the market to “copy the bottom”. As of the latest, Muyuan Foods Co.Ltd(002714) has nearly 300000 shareholders.
Muyuan Foods Co.Ltd(002714) : it is estimated that last year’s net profit was 7-8.5 billion a year-on-year decrease of more than 70%
On January 18, “Zhumao” Muyuan Foods Co.Ltd(002714) released the performance forecast for 2021. During the performance forecast period from January 1, 2021 to December 31, 2021, the operating revenue of Muyuan Foods Co.Ltd(002714) is expected to be 77-80 billion yuan, and the net profit is expected to be 7-8.5 billion yuan.
The net profit attributable to the shareholders of the listed company is expected to be 6.5 billion yuan – 8 billion yuan, a year-on-year decrease of 70.86% – 76.32%; the net profit after deducting non recurring profits and losses is expected to be 7 billion yuan – 8.5 billion yuan, a year-on-year decrease of 71.90% – 76.86%.
The forecast shows that during the reporting period, the number of pigs sold by the company increased significantly compared with the same period last year. However, due to the gradual recovery of China’s pig production capacity, the pig price in 2021 decreased significantly compared with the same period last year, resulting in a significant decline in the company’s operating performance in 2021 compared with the same period last year.
loss of 200 million – 1.7 billion yuan in the fourth quarter
what does this performance mean?
According to the third quarter report, the company’s operating revenue in the third quarter was 14.74 billion yuan, a year-on-year decrease of 18.68%, and the operating revenue in the first three quarters was 56.28 billion yuan, a year-on-year increase of 43.71%; The net profit attributable to shareholders of Listed Companies in the third quarter was -820 million yuan, a year-on-year decrease of 108.05%, the profit in the first three quarters was 8.7 billion yuan, a year-on-year decrease of 58.53%.
In the fourth quarter, Muyuan Foods Co.Ltd(002714) lost 200 million to 1.7 billion yuan.
investors fryer: some cry “limit”
some shouted “steady”
After the performance forecast came out, Muyuan Foods Co.Ltd(002714) investors quickly burst into the pot.
Some think that if the performance does not meet expectations, the stock price will be dangerous tomorrow.
Others believe that Muyuan Foods Co.Ltd(002714) could make so much profit last year against the background of the heavy decline in pig prices, which is considered stable.
Data show that by the end of the third quarter, Wens Foodstuff Group Co.Ltd(300498) had a net loss of nearly 10.8 billion yuan, Jiangxi Zhengbang Technology Co.Ltd(002157) had a loss of nearly 6.8 billion yuan, New Hope Liuhe Co.Ltd(000876) had a net loss of more than 5 billion yuan, and Tech-Bank Food Co.Ltd(002124) had a loss of nearly 2.8 billion yuan.
the market value has evaporated more than 170 billion yuan
170000 shareholders “bottom reading”
Data show that last year Muyuan Foods Co.Ltd(002714) after the share price reached a high of 92 yuan in February, it fell all the way down, and once fell below the 40 yuan mark in the third quarter. During this period, many shareholders copied the bottom. After the number of shareholders increased by 87000 in the second quarter, it increased by nearly 90000 again in the third quarter.
By the end of the third quarter, the stock had nearly 300000 shareholders.
Subsequently, the share price stabilized. The latest share price was 55.8 yuan, down nearly 40% from the peak. The market value evaporated from more than 170 billion yuan to the latest 293.6 billion yuan.
more than 56 million restricted shares
will unlock the listing and circulation
At the same time, Muyuan Foods Co.Ltd(002714) issued a suggestive announcement on the first granting of the second release period and the reserved first release period of the restricted stock incentive plan in 2019, and the listing and circulation of the released shares.
A total of 1753 incentive objects met the conditions for lifting the restrictions on sales this time (of which 61 incentive objects of restricted shares were granted restricted shares in the first and reserved parts). The first granting part was not lifted because 6 people’s performance failed to meet the standard rating of D and 14 people’s performance failed to meet the standard rating of D. a total of 20 people did not meet the conditions for lifting the restrictions on sales.
The number of restricted shares lifted this time is 56.383636 million shares, accounting for 1.0715% of the total share capital of the company.
The unlocking date of the restricted shares unlocked this time, i.e. the listing and circulation date, is January 21, 2022.
