| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 603336 | 宏辉美疏 | 10.12 | -2.69% | 19.09万 | 1.96 Z | | 300511 | 雪榕生物 | 5.80 | -1.53% | 14.18万 | 8216.65万 | | 600883 | 博闻科技 | 8.20 | -0.85% | 2.91万 | 2386.49万 | | 300970 | 华绿生物 | 14.56 | -0.68% | 1 2.09万 | 3037.52万 | | 600371 | 万向德农 | 9.18 | -0.54% | 3.64万 | 3343.56万 | | 600359 | 新农开发 | 7.12 | -0.42% | 4.30万 | 3071.26万 | | 600598 | 北大荒 | 14.66 | -0.27% | 9.28万 | 1.36亿 | | 002215 | 诺普信 | 12.22 | -0.16% | 12.66万 | 1.54亿 | | 002041 ...

证券之星消息，9月11日种植业板块较上一交易日上涨0.86%，众兴菌业领涨。当日上证指数报收于 3875.31，上涨1.65%。深证成指报收于12979.89，上涨3.36%。种植业板块个股涨跌见下表： 从资金流向上来看，当日种植业板块主力资金净流入7782.97万元，游资资金净流出7491.76万元，散户资 金净流出291.21万元。种植业板块个股资金流向见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002772 | 众兴菌业 | 9.17 | 9.95% | 32.83万 | 2.94亿 | | 603336 | 宏连果蔬 | 10.40 | 2.16% | 31.92万 | 3.25亿 | | 300189 | 神农种业 | 4.72 | 1.72% | 86.84万 | 4.07亿 | | 600313 | 农发种业 | 6.55 | 1.55% | 33.18万 | 2.17亿 | | 837403 | 康农种业 | 25.93 | 1.21% | 3.40万 | 8828 ...

Market Overview - The planting industry sector rose by 0.26% on September 10, with Zhongxing Junye leading the gains [1] - The Shanghai Composite Index closed at 3812.22, up 0.13%, while the Shenzhen Component Index closed at 12557.68, up 0.38% [1] Top Gainers in Planting Industry - Zhongxing Junye (002772) closed at 8.34, up 4.38% with a trading volume of 220,800 shares and a turnover of 181 million yuan [1] - Nuofushin (002215) closed at 12.21, up 3.04% with a trading volume of 459,200 shares and a turnover of 563 million yuan [1] - Yasheng Group (600108) closed at 3.16, up 2.60% with a trading volume of 1,174,000 shares and a turnover of 371 million yuan [1] Top Losers in Planting Industry - Xuecheng Biotechnology (300511) closed at 5.82, down 2.35% with a trading volume of 173,800 shares and a turnover of 102 million yuan [2] - Kangnong Agriculture (837403) closed at 25.62, down 2.14% with a trading volume of 34,400 shares and a turnover of 88.31 million yuan [2] - Hainan Rubber (601118) closed at 5.36, down 1.11% with a trading volume of 282,600 shares and a turnover of 152 million yuan [2] Capital Flow Analysis - The planting industry sector saw a net inflow of 15,900 yuan from main funds, while retail funds had a net inflow of 71.49 million yuan [2] - The main funds showed a significant net outflow of 71.50 million yuan from speculative funds [2] Individual Stock Capital Flow - Nuofushin (002215) had a main fund net inflow of 68.28 million yuan, while speculative funds experienced a net outflow of 59.66 million yuan [3] - Zhongxing Junye (002772) recorded a main fund net inflow of 33.86 million yuan, with speculative funds showing a net outflow of 20.97 million yuan [3] - Xuecheng Biotechnology (300087) had a main fund net inflow of 5.81 million yuan, while speculative funds experienced a net outflow of 1.42 million yuan [3]

Group 1 - The core viewpoint is that the edible mushroom industry is experiencing a rational return of capacity due to severe losses from overcapacity, particularly in enoki mushrooms, prompting leading companies to actively reduce production [1][4][6] - In 2023, the total production of edible mushrooms in China reached 43.34 million tons, a year-on-year increase of 2.6%, with a total output value of 396.56 billion yuan, also up 2.0% year-on-year [2] - The factory production of edible mushrooms saw a significant increase, with a total output of 4.09 million tons in 2023, representing a year-on-year growth of 43.23% [2] Group 2 - The enoki mushroom sector is facing severe overcapacity, with leading companies like Xuerong Bio reducing their annual production capacity to 440,000 tons, a decrease of 4% year-on-year, and a capacity utilization rate dropping to 63.82% in Q1 2025, down 9 percentage points from 2024 [1][4] - The profitability of the button mushroom segment remains strong, with its gross margin staying above 30% in most years, despite a slight decline to below 30% from 2019 to 2022 [1][4] - The industry is witnessing a consolidation phase, with smaller companies exiting the market, allowing larger firms like Xuerong Bio and Zhongxing Mushroom to solidify their leading positions [3][4] Group 3 - The cultivation of Cordyceps sinensis is emerging as a new growth area, with companies like Zhongxing Mushroom and Xuerong Bio initiating factory cultivation projects, potentially leading to significant revenue and profit increases [5] - The industry is expected to see a reversal in performance for stable production varieties, while the initial phase of Cordyceps cultivation may open a second growth curve for edible mushroom companies [6]

Investment Rating - Maintain "Increase" rating for the industry [5] Core Viewpoints - The edible mushroom industry is expected to benefit from the "big food concept" and "big health" initiatives, with a projected increase in demand [21][10] - The industry is experiencing a rational return of production capacity, with leading companies actively reducing capacity to stabilize production [57][52] - The winter worm summer grass industry is in its early stages of industrialization, presenting new growth opportunities for leading edible mushroom companies [4][52] Summary by Sections Edible Mushroom Production - In 2023, the national edible mushroom production reached 43.342 million tons, a year-on-year increase of 2.6%, with a total output value of 396.56 billion yuan, up 2.0% year-on-year [10][21] - The factory-produced edible mushroom output reached 4.0916 million tons in 2023, a significant increase of 43.23% year-on-year [16][10] Market Restructuring - The number of factory-produced edible mushroom enterprises surged from 47 in 2006 to 788 in 2012, leading to overcapacity and declining profits, particularly in the golden needle mushroom sector [2][24] - The industry concentration ratio (CR5) has stabilized between 33% and 36% from 2020 to 2024, indicating a stable market structure [47][20] Traditional Products - The golden needle mushroom has faced severe overcapacity, prompting leading companies like Xue Rong Biological to reduce production capacity by 4% to an annualized capacity of 440,000 tons [3][57] - The white mushroom (Agaricus bisporus) has maintained stable production levels, with a daily output of 916.7 tons in 2023, showing a slight decline of 1.6% year-on-year [67][70] Winter Worm Summer Grass - The artificial cultivation of winter worm summer grass is emerging as a new growth area, with companies like Zhongxing Mushroom Industry and Xue Rong Biological initiating factory cultivation projects [4][52] - The projected annual revenue from a fully operational winter worm summer grass project is approximately 26.22 million yuan, with a profit margin of 24.8% [4][52] Investment Recommendations - The edible mushroom industry is entering a phase of rational capacity return, with leading companies expected to reverse performance in their core business segments [52][4] - The industrialization of winter worm summer grass may open a second growth curve for edible mushroom companies, with a focus on Zhongxing Mushroom Industry and Xue Rong Biological [52][4]

Investment Rating - The report maintains an "Increase" rating for the agricultural sector [3] Core Views - The price of enoki mushrooms has strengthened, with the national average price reaching 5.99 CNY/kg in August 2025, up 1.01% year-on-year and 6.02% month-on-month. After a decline in the first half of the year, production cuts by leading companies are expected to reverse the industry's difficulties and lead to price recovery [10][11] - In pig farming, the national price for lean pigs is 13.68 CNY/kg, up 1% from the previous week. The report suggests focusing on leading companies with low-cost and high-growth potential, such as Muyuan Foods and Wens Foodstuff Group [11][13] - In poultry farming, the average price for white feather chickens is 7.17 CNY/kg, down 2.2% from the previous week. The report highlights the potential for price recovery in the future [11][27] - The approval of genetically modified varieties is expected to lead to commercial sales, with potential growth for industry companies [11] - The report notes that fluctuations in agricultural product prices are increasing, and leading feed companies may replace smaller ones due to their advantages in procurement and scale [11] Summary by Sections Agricultural Data Tracking - The national price for lean pigs is 13.68 CNY/kg, up 1% from last week, while the average wholesale price for pork is 19.84 CNY/kg, down 0.5% [13][20] - The average price for meat chicken chicks is 3.4 CNY each, down 5.8% from last week [24][27] - The average price for white feather chicken is 7.17 CNY/kg, down 2.2% from last week [27][28] Market Review - The agricultural sector underperformed the CSI 300 index by 0.5 percentage points, with a decline of 1.32% [7][8] - The enoki mushroom industry is expected to recover due to production cuts and seasonal demand increases [10][11]

Group 1 - The company, Zhongxing Junye, primarily utilizes a distributor sales model for its products, focusing on offline sales and has not yet engaged in online sales [2]

Market Overview - The planting industry sector experienced a decline of 1.92% on September 3, with Kangnong Seed Industry leading the drop [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Individual Stock Performance - Kangnong Seed Industry (837403) closed at 26.42, down 10.74% with a trading volume of 93,300 shares and a transaction value of 271 million yuan [1] - Qiule Seed Industry (831087) closed at 17.00, down 6.54% with a trading volume of 95,500 shares and a transaction value of 169 million yuan [1] - Shennong Seed Industry (300189) closed at 4.81, down 4.94% with a trading volume of 1.614 million shares and a transaction value of 800 million yuan [1] - Other notable declines include: - Quanyin High-Tech (300087) down 3.75% - Xuecheng Biological (300511) down 3.51% [1] Capital Flow Analysis - The planting industry sector saw a net outflow of 378 million yuan from institutional investors, while retail investors contributed a net inflow of 208 million yuan [1] - The following stocks had significant capital flows: - Honghui Fruits and Vegetables (603336) saw a net inflow of 9.33 million yuan from institutional investors [2] - New Agricultural Development (600359) had a net inflow of 289.78 million yuan from institutional investors [2] - Wanxiang Denong (600371) experienced a net outflow of 297.60 million yuan from institutional investors but a net inflow of 285.48 million yuan from retail investors [2]

Group 1 - The company has not yet engaged in online sales for its products, including Cordyceps, and primarily relies on a distributor model for offline sales [2] - There are currently no plans or actions taken by the company regarding live-streaming e-commerce for its Cordyceps products [2]

Group 1 - The company reported a total operating revenue of 908 million yuan for the first half of 2025 [1] - The net profit attributable to shareholders reached 69.02 million yuan, an increase of 39.54 million yuan compared to the same period last year, representing a year-on-year growth of 134.13% [1] - The net cash inflow from operating activities was 150 million yuan [1] Group 2 - The latest debt-to-asset ratio of the company is 49.72% [3] - The gross profit margin improved to 19.41%, an increase of 1.69 percentage points compared to the same period last year [3] - The return on equity (ROE) is 2.12%, up by 1.24 percentage points year-on-year [3] Group 3 - The diluted earnings per share (EPS) is 0.18 yuan, an increase of 0.11 yuan compared to the same period last year, reflecting a year-on-year rise of 145.33% [3] - The total asset turnover ratio is 0.14 times [3] - The inventory turnover ratio is 0.57 times [3] Group 4 - The number of shareholders is 33,400, with the top ten shareholders holding a total of 176 million shares, accounting for 44.75% of the total share capital [3] - The top shareholder is Tao Shi, holding 28.0 million shares [3] - Other notable shareholders include Tian De with 7.92 million shares and the first employee stock ownership plan with 2.29 million shares [3]