农林牧渔行业2025年业绩预告综述：业绩表现分化，预盈率过半

分组1 - The investment rating for the agriculture, forestry, animal husbandry, and fishery industry is "stronger than the market" [5][33] - As of February 26, 2026, 79 listed companies in the agriculture, forestry, animal husbandry, and fishery sector have released their 2025 performance forecasts, with a disclosure rate of 69%, ranking first among eight major consumer industries [2][10] - The industry shows a mixed profit performance, with a pre-profit rate of 57%, ranking fourth among consumer sectors. The proportion of companies expecting profit growth has slightly increased from 16% to 19%, while the proportion of companies turning losses into profits is 13% [3][11] 分组2 - Most sub-sectors performed well, with the planting and animal health sectors showing the best results. The planting sector has a pre-profit rate exceeding 70%, while the animal health, agricultural product processing, breeding, and fishery sectors have pre-profit rates of 67%, 62%, 52%, and 50% respectively [4][15] - The breeding sector is experiencing accelerated differentiation during the pig price decline cycle, while agricultural product processing and fishery sectors maintain stable performance [2][31] - The proportion of companies in the agricultural product processing sector expecting profit growth has increased from 29% to 46%, while the breeding sector's profit growth expectation has risen from 5% to 10% [4][17]