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2200億“豬茅”擬赴港上市!Q1狂賺超40億
格隆匯 04-16 00:01

A股2200億巨頭重磅官宣!

養豬一哥”牧原股份擬發行H股赴港上市

截至4月15日收盤,牧原股份小幅收跌0.32%報40.61元,A股總市值2218億元。

今年來,公司股價震盪上揚,年內累計漲幅超5%。

“豬茅”赴港上市

4月15日,牧原股份公告稱,爲深入推進國際化戰略,打造國際化資本運作平臺,擬發行境外上市外資股(H股)並在香港聯交所主板掛牌上市。

公司計劃在股東大會通過後24個月內擇機完成發行,具體時間將結合資本市場狀況及監管審批進展確定。

截至目前,公司正積極與相關中介機構就本次發行並上市的相關工作進行商討,除本次董事會、監事會審議通過的相關議案外,其他關於本次發行並上市的具體細節尚未確定。

另外,公司將於5月20日召開年度股東大會,審議包括H股發行方案、募集資金使用計劃、公司章程修訂等24項議案。

其中,H股上市相關議案涉及發行授權、資金用途、境外公司架構調整等核心內容。

斷崖式稱王

隨着“豬週期”反轉,豬企開始邁入賺錢模式。

近日,各上市豬企紛紛公開3月銷售數據。其中,20家上市豬企的一季度出欄量超4600萬頭,同比大增19.24%。

而作爲養豬業的“豬茅”,牧原股份以絕對優勢穩坐行業龍頭之位,超過了第二、三名(溫氏股份和新希望)的總和。

再從業績來看,牧原股份的表現更是炸裂。

因公司生豬出欄量、豬價同比上升,且生豬養殖成本同比下降,牧原Q1預計淨賺超40億,同比暴漲近3倍。

4月9日,牧原股份發佈一季度業績預告,公司預計淨利潤盈利預計在45億元-50億元,同比增長283.02%-303.35%

歸母淨利潤在43億元-48億元,上年同期爲淨虧損23.79億元,同比扭虧爲盈。

回看2024年,牧原股份的生豬出欄量、營收、分紅、淨利潤等多項指標均創下歷史紀錄。

去年,牧原股份實現營業總收入1379.47億元,同比增長24.43%。

歸母淨利潤178.81億元,同比增長519.42%,爲上市以來次新高,僅低於2020年。

按一年365天計算,牧原股份日賺近5000萬。

從生豬出欄量來看,牧原股份2024年以超7000萬頭的數量穩居頭把交椅。

與此同時,牧原2024年度現金分紅總額75.88億元,同樣也創下上市以來新高。

華泰證券指出,牧原股份Q1盈利超預期,預計公司養殖成本有望持續改善,維持“買入”評級。

招商證券也稱,25Q1價表現整體好於市場預期,上市豬企養殖成本明顯改善,但成本方差仍較大,豬企養殖盈利呈現一定分化。

後周期的飼料、動保受益於下遊養殖盈利,需求端呈現弱修復趨勢。看好優質龍頭豬企,佈局後周期龍頭。

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