You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
研報掘金丨國泰君安:立華股份2025年養殖利潤可期,維持“增持”評級

國泰君安研報指出,生豬和肉禽養殖週期景氣度持續,養殖成本繼續下降,立華股份(300761.SZ)2025年養殖利潤可期。維持“增持”評級,上調目標價至 28.73元。2024年在產父母代種雞存欄低位,截止11月17日周度存欄1293萬套,位於近5 年低位,且行業的種雞補欄速度較低,2025 年需求向好,則黃雞景氣度可期。生豬方面,行業層面補欄速度慢,月度的能繁母豬存欄環比增長幅度持續縮窄,預計2025年豬價從上半年來看景氣依舊。公司2024年生豬出欄量預計超過120萬頭,2025年繼續增長,黃雞養殖量每年保持8~10%的穩健增長。借養殖週期景氣度,養殖業務利潤預計2025年繼續增長。

Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account