Core Viewpoint - Boen Group, a well-known company in the domestic feed industry, focuses on the research, production, and sales of feed, showcasing strong technical research capabilities and product quality advantages [1] Group 1: Business Performance - In Q3 2025, Boen Group's revenue was 976 million yuan, ranking 8th among 10 companies in the industry, with the industry leader, He Feng Co., achieving 28.073 billion yuan [2] - The main business revenue from feed sales was 612 million yuan, accounting for 99.76% of total revenue, while other revenues were 1.4646 million yuan, making up 0.24% [2] - The net profit for the same period was -9.9611 million yuan, ranking 6th in the industry, with the industry leader, Tian Kang Biological, reporting a net profit of 505 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Boen Group's debt-to-asset ratio was 29.93%, up from 19.95% year-on-year, which is lower than the industry average of 54.11%, indicating strong debt repayment capability [3] - The gross profit margin for Q3 2025 was 12.47%, down from 14.04% year-on-year, but still above the industry average of 9.94%, reflecting good profitability [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 1.28% to 9,732, while the average number of circulating A-shares held per shareholder increased by 1.29% to 5,721.33 [5] - Among the top ten circulating shareholders, Noan Multi-Strategy Mixed A ranked fourth with 1.1246 million shares, an increase of 288,000 shares from the previous period [5]
播恩集团的前世今生：邹新华掌舵近二十年专注饲料业务，饲料销售营收占比近100%，低负债率下的稳健发展