天邦股份(002124.SZ)一季度淨利潤預增234.21%-249.13%
格隆匯4月6日丨天邦股份(002124.SZ)公佈,預計2020年第一季度歸屬於上市公司股東的淨利潤4.5億元-5億元,同比增長234.21%-249.13%。
公司業績貢獻主要來自生豬養殖業務。
從外部看,2019年第一季度生豬養殖行業處於週期低點,疊加非洲豬瘟疫情帶來的提前拋售,生豬銷售價格進一步下行,行業全面虧損。隨着非洲豬瘟疫情蔓延,行業產能去化,生豬銷售價格從2019年第二季度開始進入上升通道,2020年第一季度生豬銷售價格在高位運行,較去年同期大幅上升。雖然公司2020年第一季度生豬銷售數量同比下降約33%,但銷售收入同比增加約60%。
從內部看,隨着公司生物安全措施升級,設施改造到位,管理進一步細化,公司產能恢復增長,公司根據市場情況出售了部分毛利率較高的仔豬,育肥豬出欄量雖然同比下降,但出欄體重恢復正常,毛利率同比也有較大提高。
以上兩個因素是公司本報告期業績較去年同期有大幅上升的主要原因。
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