Core Viewpoint - The company, Wenzhou Yuanfei Pet Products Co., Ltd., is experiencing growth in the pet economy, benefiting from factors such as the common prosperity demonstration zone, cross-border e-commerce, and the depreciation of the RMB [2][3]. Company Overview - Wenzhou Yuanfei Pet Products Co., Ltd. specializes in the research, production, and sales of pet supplies and pet food, with main products including pet snacks, leashes, toys, dry food, and wet food [2][3]. - The company is located in Pingyang County, Wenzhou, Zhejiang Province, and focuses on the development and sales of pet products [2][3]. - The company was established on September 27, 2004, and went public on August 18, 2022 [7]. Financial Performance - For the first quarter of 2025, the company achieved revenue of 335 million yuan, representing a year-on-year growth of 36.30%, while net profit attributable to the parent company was 25.368 million yuan, a decrease of 30.57% year-on-year [7]. - As of March 31, 2023, the company's overseas revenue accounted for 85.78%, benefiting from the depreciation of the RMB [3]. - The main business revenue composition includes pet snacks (46.31%), leashes (34.81%), other pet products (14.99%), and injection-molded toys (3.89%) [7]. Market Position and Strategy - The company has established overseas bases in Cambodia to enhance global production capacity and market competitiveness, with a focus on reducing labor costs and addressing international trade friction [3]. - The company’s products are primarily sold through e-commerce platforms like Amazon and Shopify, mainly in the U.S. market [2][3]. Stock Performance - On August 21, the stock price of Yuanfei Pet increased by 1.73%, with a trading volume of 114 million yuan and a turnover rate of 6.48%, bringing the total market capitalization to 4.272 billion yuan [1]. - The average trading cost of the stock is 20.33 yuan, with recent buying activity noted, although the strength of this buying is not strong [6].
源飞宠物涨1.73%，成交额1.14亿元，近5日主力净流入-1331.89万