Group 1 - The company reported a revenue of 76.46 billion yuan for the first half of 2025, representing a year-on-year increase of 34.5% [1] - The net profit attributable to shareholders reached 10.53 billion yuan, showing a significant year-on-year growth of 1169.7% [1] - For the second quarter of 2025, the company achieved a revenue of 40.40 billion yuan, up 32.1% year-on-year, and a net profit of 6.04 billion yuan [1] Group 2 - The company recorded a stable growth in the number of livestock, with 46.91 million heads sold in the first half of 2025, a year-on-year increase of 45% [2] - The number of commercial pigs sold was 38.39 million heads, reflecting a year-on-year growth of 32%, while the sale of piglets surged by 168% to 8.29 million heads [2] - The company is actively managing breeding costs and aims for high-quality development, with a reduction in the number of breeding sows to 3.431 million heads by the end of June [2] Group 3 - The company demonstrated strong financial health, with a debt-to-asset ratio of 56.06% at the end of Q2 2025, a decrease of 2.62 percentage points from the end of 2024 [2] - The company plans to distribute a cash dividend of 9.32 yuan per 10 shares, amounting to 47.5% of the net profit attributable to shareholders for the first half of 2025 [1] - As an industry leader, the company is expected to maintain stable performance amid capacity control measures, with improved operational quality and reduced capital expenditures [2]
国金证券-牧原股份-002714-公司业绩稳健兑现分红彰显长期价值-250821