Zheng Quan Ri Bao·2025-07-15 16:42Core Viewpoint - The domestic white feather chicken market is experiencing a significant downturn in prices due to an oversupply situation, leading to a clear performance divergence among companies in the industry [1][2]. Group 1: Market Performance - The average market price for white feather chicken in the first half of the year is estimated at 3.52 yuan per pound, a decrease of 6.96% compared to the same period last year [1]. - The estimated output of white feather chickens in the first half of the year is 4.412 billion birds, representing a year-on-year increase of 11.7%, while demand remains weak [1]. - Companies like Shandong Minhe Livestock and Poultry Co., Ltd. and Shandong Yisheng Livestock and Poultry Co., Ltd. are expected to report increased losses and significant declines in net profits due to low chicken and chick prices [1]. Group 2: Company Strategies - Fujian Shengnong Development Co., Ltd. is countering cyclical impacts by extending its industrial chain and focusing on high-value retail channels, which has supported revenue growth [2]. - Shandong Xiantan Co., Ltd. has achieved significant profit growth by optimizing production processes and reducing costs, with an expected net profit of 130 million to 143 million yuan, a year-on-year increase of 325.91% to 364.93% [2]. - Companies are encouraged to explore non-cyclical revenue sources and deepen cooperation with food processing firms to stabilize income [3]. Group 3: Future Outlook - Analysts predict that while the output of white feather chickens will continue to increase in the second half of the year, the growth rate will slow down, and there may be seasonal demand recovery leading to a potential price rebound [2]. - The performance divergence among companies is likely to persist unless supply-side adjustments and demand recovery, particularly in the restaurant and catering sectors, occur [3]. - Companies are advised to innovate product offerings and consider mergers and acquisitions to enhance competitiveness in the evolving market landscape [3].