1月19日晚间，该公司发布业绩预告，预计2025年归母净利润为-7亿元至-9.6亿元，较上年同期由盈转 亏。 照此计算，公司四季度亏损额达到了7.8亿元，较同年三季度0.58亿元的亏损额环比大幅增加。 这既受到了行业景气度回落的影响，也与企业自身会计处理与出栏节奏有关。对此新五丰也给出了两点 原因，其一2025年生猪价格较去年同期出现较大幅度下降，其二因为猪价回落，公司对存栏的消耗性生 物资产计提了存货跌价准备。 其他同业公司也存在类似情况。即便是强如牧原股份（002714）、温氏股份（300498），去年四季度盈 利也仅仅是持平或者微盈状态，同时天域生物（603717）也对其存栏的生物资产计提了减值准备。 此外，21世纪经济报道记者还注意到，在2025年四季度猪价回落、行业亏损面放大的背景下，新五丰生 猪出栏量环比增长非常明显。 据统计，2025年四季度，该公司生猪销量达到186.7万头，较三季度环比大幅增长。逆市放量之下，也 进一步加大了公司主营业务的亏损幅度。 全方位冲击 新五丰是全产业链养殖企业，业务贯穿饲料、生猪养殖和屠宰。 2025年四季度，新五丰（600975）的亏损突然加速。 但是，就公司收入 ...

Core Viewpoint - The company Xinwufeng has forecasted a significant decline in net profit for the year 2025, projecting a loss between 700 million to 960 million yuan, indicating a shift from profit to loss compared to the previous year [1] Financial Performance - In 2024, Xinwufeng reported a net profit of 39.32 million yuan, highlighting a stark contrast to the anticipated losses in 2025 [1] - The expected sales volume of live pigs for 2025 is approximately 5.4224 million heads, which is an increase from 4.1663 million heads in 2024 [1]

Core Viewpoint - New Wufeng's stock price has shown a downward trend, with a significant drop in both short-term and long-term performance, indicating potential challenges in the company's financial health and market position [1][2]. Group 1: Stock Performance - On January 20, New Wufeng's stock fell by 2.02%, trading at 5.82 CNY per share, with a total market capitalization of 7.273 billion CNY [1]. - Year-to-date, the stock price has decreased by 1.19%, with a 5-day drop of 2.35%, a 20-day decline of 1.36%, and a 60-day decrease of 8.92% [2]. Group 2: Financial Performance - For the period from January to September 2025, New Wufeng reported a revenue of 5.39 billion CNY, reflecting a year-on-year growth of 2.27%. However, the net profit attributable to shareholders was -13.17 million CNY, a significant decrease of 1171.47% compared to the previous year [2]. - The company has not distributed any dividends in the last three years, with a total payout of 311 million CNY since its A-share listing [3]. Group 3: Shareholder and Institutional Holdings - As of September 30, 2025, the number of shareholders decreased by 12.15% to 66,900, while the average number of circulating shares per person increased by 13.83% to 15,202 shares [2]. - Among the top ten circulating shareholders, notable increases in holdings were observed for the Guotai Zhongzheng Livestock Breeding ETF and Hong Kong Central Clearing Limited, indicating growing institutional interest [3].

Core Viewpoint - New Five Feng (SH600975) is expected to report a significant loss in 2025, with projected net profit ranging from -7 billion to -9.6 billion yuan, marking a shift from profit in 2024 to loss in 2025 due to declining pig prices and increased inventory impairment [1][2] Financial Performance - In 2024, New Five Feng reported a net profit of approximately 393.2 million yuan, while the projected loss for 2025 indicates a substantial decline in performance [2] - The company anticipates a further increase in losses, with the net profit excluding non-recurring items expected to be between -7.2 billion and -9.8 billion yuan [2] - The total sales volume of pigs for 2025 is estimated at 5.4224 million heads, a year-on-year increase of over 25% compared to 4.1663 million heads in 2024 [1][2] Production Capacity - New Five Feng has experienced significant growth in pig production capacity, with the number of pigs slaughtered increasing from 183,000 in 2022 to 424,870 in 2024, reflecting growth rates of 122.32%, 75%, and 32.74% respectively [3] Cost Control Measures - The company emphasizes cost control as a critical internal focus, with initiatives to involve all departments in cost management [5] - New Five Feng plans to restructure its organizational framework to enhance management efficiency, moving from a four-tier to a three-tier management structure [5] - The company intends to utilize up to 900 million yuan of idle funds to temporarily supplement working capital, with a reported cash balance of 1.076 billion yuan as of the end of the third quarter [5]

Core Viewpoint - Hunan New Wufeng Co., Ltd. anticipates a significant net loss for the fiscal year 2025, primarily due to a substantial decline in pig prices compared to the previous year [2][6]. Group 1: Performance Forecast - The company expects a net profit attributable to shareholders of the parent company to be between -700 million yuan and -960 million yuan for 2025 [2]. - The forecasted net profit, excluding non-recurring gains and losses, is projected to be between -720 million yuan and -980 million yuan [2]. - This performance forecast is based on preliminary calculations and has not been audited by certified public accountants [3]. Group 2: Previous Year’s Performance - In the previous year, the total profit was 50.1871 million yuan, with a net profit attributable to shareholders of the parent company of 39.3204 million yuan [4]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, was 21.5045 million yuan [4]. - The earnings per share for the previous year were 0.03 yuan [5]. Group 3: Reasons for Expected Loss - The primary reason for the anticipated loss in 2025 is the significant drop in pig prices compared to the same period last year [6]. - The company has made provisions for inventory impairment on its consumable biological assets in accordance with accounting standards and the principle of prudence due to the decline in pig prices [6].

Core Viewpoint - New Five Feng (SH600975) is expected to report a significant loss for the fiscal year 2025, with projected net profit ranging from -7 billion to -9.6 billion yuan, marking a shift from profit in 2024 to loss in 2025 due to declining pig prices and increased inventory write-downs [1][3]. Financial Performance - The company reported a net profit of approximately 393.2 million yuan for 2024, with total profit around 501.87 million yuan, indicating a substantial decline in performance for 2025 [3]. - The projected net loss for 2025, excluding non-recurring items, is expected to widen to between -7.2 billion and -9.8 billion yuan [3]. Sales and Production Data - New Five Feng anticipates selling approximately 5.4224 million pigs in 2025, a year-on-year increase of over 25% compared to 4.1663 million pigs sold in 2024 [1][4]. - The company has seen significant growth in pig production capacity, with slaughter volumes increasing from 183,000 in 2022 to 424,870 in 2024, reflecting growth rates of 122.32%, 75%, and 32.74% respectively [4]. Cost Control Measures - The company is focusing on cost control as a critical internal strategy, with initiatives aimed at involving all departments in cost reduction efforts [6][7]. - New Five Feng is restructuring its management to a flatter organization to enhance efficiency, moving from a four-tier to a three-tier management structure [7]. Market Outlook - The pig farming industry is expected to face challenges related to raw material costs, animal diseases, and environmental regulations, which will impact long-term profitability [6].

Core Viewpoint - New Five Feng (SH600975) is expected to report a significant loss in 2025, with a projected net profit loss ranging from 7 billion to 9.6 billion yuan, marking a shift from profitability in 2024 [2][3] Financial Performance - The company reported a net profit of approximately 393.2 million yuan in 2024, indicating a substantial decline in performance for 2025 [2][3] - The projected net profit loss for 2025, after excluding non-recurring items, is expected to widen to a loss of 7.2 billion to 9.8 billion yuan [3] - In 2025, New Five Feng anticipates selling approximately 5.42 million pigs, a year-on-year increase of over 25% compared to 4.17 million pigs sold in 2024 [2][3] Production Capacity - New Five Feng has experienced significant growth in pig production capacity in recent years, with the number of pigs sold increasing from 1.83 million in 2022 to 4.25 million in 2024, reflecting growth rates of 122.32%, 75%, and 32.74% respectively [4] Cost Control Measures - The company emphasizes cost control as a critical internal focus, with initiatives aimed at involving all departments in cost reduction efforts [6] - New Five Feng plans to restructure its organizational framework to enhance management efficiency, moving from a four-tier to a three-tier management structure [6] - The company intends to utilize up to 900 million yuan of idle funds to temporarily supplement working capital [6]

Core Viewpoint - New Five Feng (SH600975) is expected to report a significant loss for the fiscal year 2025, with a projected net profit loss ranging from 7 billion to 9.6 billion yuan, primarily due to a sharp decline in pig prices and increased inventory impairment provisions [1][2] Group 1: Financial Performance - In 2024, New Five Feng reported a net profit of approximately 393.2 million yuan, indicating a substantial decline in profitability for 2025 [2] - The company anticipates a net profit loss of 7 billion to 9.6 billion yuan for 2025, with a further adjusted loss of 7.2 billion to 9.8 billion yuan when excluding non-recurring items [1][2] - The sales volume of pigs is projected to increase to approximately 5.42 million heads in 2025, a year-on-year increase of over 25% compared to 4.17 million heads in 2024 [1][2] Group 2: Operational Insights - New Five Feng's main business includes pig farming, meat sales, and feed processing, with pig sales accounting for a significant portion of revenue [2] - The company has experienced rapid growth in pig production capacity, with the number of pigs sold increasing from 183,000 in 2022 to 424,870 in 2024, reflecting year-on-year growth rates of 122.32%, 75%, and 32.74% respectively [2] - Cost control is a critical focus for the company, with initiatives to involve all departments in cost management and a restructuring of the organizational framework to enhance efficiency [4] Group 3: Industry Context - The pig farming industry is facing challenges related to cost control, including raw material prices, animal diseases, and environmental regulations [3] - It is anticipated that the pig output will shrink in the second half of 2026, potentially leading to a gradual increase in pig prices during that period [3]

证券日报网讯 1月19日，新五丰发布公告称，公司第六届董事会第二十二次会议审议通过《关于调整公 司养殖板块组织结构的议案》《关于审议〈湖南新五丰股份有限公司投资管理制度（试行）〉的预案》 《关于使用闲置募集资金临时补充流动资金的议案》。 （文章来源：证券日报） ...

（记者 王晓波） 每经头条（nbdtoutiao）——短剧大爆发，吸纳69万人就业！一度送外卖的演员也找到工作：收入还算 可观但太累，剧组常备速效救心丸，拍睡觉戏真能睡着 每经AI快讯，新五丰1月19日晚间发布公告称，公司第六届第二十二次董事会会议于2026年1月19日以 通讯方式召开。会议审议了《关于调整公司养殖板块组织结构的议案》等文件。 ...