Core Viewpoint - The company, Yisheng Co., Ltd. (益生股份), expects a significant decline in net profit for the year 2025, primarily due to low prices in the chicken market despite an increase in sales volume of broiler chicken seedlings [1][2] Group 1: Financial Performance - The projected net profit attributable to shareholders for 2025 is estimated to be between 150 million to 190 million yuan, representing a year-on-year decline of 70.23% to 62.29% [1] - The net profit after deducting non-recurring gains and losses is expected to be between 153 million to 193 million yuan, with a decline of 69.40% to 61.40% compared to the previous year [1] Group 2: Market Dynamics - Despite a more than 10% year-on-year increase in the sales volume of broiler chicken seedlings, the company faced significant price declines in the first half of the year, leading to temporary losses in this segment [1] - The market conditions began to improve in the second half of the year, with a notable increase in the price of broiler chicken seedlings, especially in the fourth quarter, although the average sales price for the year remained lower than the previous year [1] Group 3: Business Segments - The parent generation of broiler chicken seedlings performed well, but the decline in sales prices led to a substantial decrease in the overall performance of the broiler chicken segment for the year [1] - The company's pig breeding business experienced explosive growth, with sales reaching 98,400 heads, a year-on-year increase of 228.43%, becoming a significant profit growth point that partially offset the decline in the broiler chicken segment [2]
益生股份(002458.SZ):预计2025年归母净利润1.5亿元-1.9亿元,同比下降70.23%-62.29%