Core Viewpoint - The company, Wenzhou Yuanfei Pet Products Co., Ltd., is experiencing growth in the pet economy, benefiting from cross-border e-commerce and the depreciation of the RMB, with a significant portion of its revenue coming from overseas sales [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][7]. - The company was established on September 27, 2004, and went public on August 18, 2022. Its revenue composition includes 52.09% from pet snacks, 24.77% from leashes, 9.79% from staple food, and 5.64% from toys [7]. Financial Performance - For the first half of 2025, the company achieved a revenue of 792 million yuan, representing a year-on-year growth of 45.52%, while the net profit attributable to the parent company was 74.16 million yuan, a slight increase of 0.37% [7]. - As of June 30, 2025, the company has distributed a total of 120 million yuan in dividends since its A-share listing [8]. Market Position and Strategy - The company has a significant overseas revenue share of 85.78%, benefiting from the depreciation of the RMB [3]. - The overseas bases in Cambodia are crucial for the company's global capacity layout and market competitiveness, aimed at reducing labor costs and addressing international trade frictions [3]. Stock Performance - On October 10, the stock price of Yuanfei Pet increased by 4.94%, with a trading volume of 173 million yuan and a turnover rate of 6.73%, leading to a total market capitalization of 4.579 billion yuan [1]. - The average trading cost of the stock is 24.04 yuan, with the current price near a support level of 22.95 yuan [6].
源飞宠物涨4.94%，成交额1.73亿元，近5日主力净流入-428.50万