Core Insights - The company reported a significant increase in the sales volume of live pigs for October 2025, reaching 1.6851 million heads, which represents a month-on-month increase of 20.86% and a year-on-year increase of 34.44% [1] - Revenue for the same period was 1.918 billion yuan, showing a month-on-month increase of 9.85% but a year-on-year decrease of 7.83% [1] - The average selling price of commodity pigs was 11.28 yuan per kilogram, reflecting a month-on-month decrease of 12.49% and a year-on-year decrease of 35.06%, primarily due to changes in the domestic live pig market [1]

Core Viewpoint - New Hope (000876.SZ) reported significant changes in its pig sales for October 2025, with a notable increase in sales volume but a decline in revenue and average selling price [1] Sales Performance - The company sold 1.6851 million pigs in October 2025, representing a month-on-month increase of 20.86% and a year-on-year increase of 34.44% [1] - The substantial year-on-year growth in sales volume is attributed to a significant increase in the number of new births and the release of piglets [1] Revenue and Pricing - Revenue for October 2025 reached 1.918 billion yuan, showing a month-on-month increase of 9.85% but a year-on-year decrease of 7.83% [1] - The average selling price of commodity pigs was 11.28 yuan per kilogram, reflecting a month-on-month decrease of 12.49% and a year-on-year decrease of 35.06% [1] - The significant year-on-year decline in selling price is primarily influenced by changes in the domestic pig market conditions [1]

Core Insights - Tianbang Food (002124) reported a total sale of 686,000 commodity pigs in October, including 288,100 piglets, generating a revenue of 607 million yuan with an average selling price of 11.77 yuan/kg [1] - The sales figures for October showed a month-on-month change of +11.95% in quantity sold, -4.25% in revenue, and -13.98% in average selling price [1] - From January to October, the company sold 5.3233 million commodity pigs, including 1.8983 million piglets, with a total revenue of 6.692 billion yuan and an average selling price of 15.3 yuan/kg [1] - Year-on-year changes for the January to October period were +6.76% in quantity sold, -7.96% in revenue, and -14.68% in average selling price [1]

Core Viewpoint - New Hope (000876.SZ) reported significant changes in its pig sales and revenue for October 2025, indicating a notable increase in sales volume but a decline in revenue and prices due to market conditions [1] Sales Performance - The company sold 1.6851 million pigs in October 2025, representing a month-on-month increase of 20.86% and a year-on-year increase of 34.44% [1] - The substantial year-on-year growth in sales volume is attributed to an increase in the number of new births and the release of piglets [1] Revenue and Pricing - The revenue for October 2025 was 1.918 billion yuan, showing a month-on-month increase of 9.85% but a year-on-year decrease of 7.83% [1] - The average selling price of commercial pigs was 11.28 yuan per kilogram, reflecting a month-on-month decrease of 12.49% and a year-on-year decrease of 35.06% [1] - The significant year-on-year decline in selling prices is primarily influenced by changes in the domestic pig market [1]

Group 1 - The company, Tianbang Foods, reported the sale of 686,000 commodity pigs in October 2025, including 288,100 piglets [1] - The total sales revenue for October 2025 was 607 million yuan, with an average selling price of 11.77 yuan per kilogram [1] - The average price for commodity fat pigs was 11.34 yuan per kilogram, with month-on-month changes of 11.95% for sales volume, -4.25% for sales revenue, and -13.98% for average selling price [1]

Core Insights - Tianbang Food (002124.SZ) reported sales of 686,000 pigs in October 2025, generating revenue of 607.49 million yuan, with an average selling price of 11.77 yuan/kg [1] - For the period from January to October 2025, the company sold 5.3233 million pigs, with a total revenue of 6.6924 billion yuan and an average selling price of 15.30 yuan/kg [1] Sales Performance - October 2025 sales included 288,100 piglets, with a month-on-month change in sales volume of 11.95% [1] - The average selling price for fat pigs in October was 11.34 yuan/kg, reflecting a month-on-month decrease of 4.25% [1] - Year-to-date sales from January to October 2025 showed a total of 189,830 piglets sold, with a year-on-year sales volume increase of 6.76% [1] Revenue Analysis - The total revenue for October 2025 was 607.49 million yuan, which represents a month-on-month decrease of 13.98% [1] - The average selling price for pigs in the first ten months of 2025 was 15.30 yuan/kg, down 14.68% year-on-year compared to the previous year [1] - The revenue for the first ten months of 2025 was 6.6924 billion yuan, reflecting a year-on-year decrease of 7.96% [1]

Group 1 - The core point of the article is that Tianbang Food (002124.SZ) reported its commodity pig sales for October 2025, indicating a total sale of 686,000 pigs, including 288,100 piglets, with a sales revenue of 607 million yuan and an average selling price of 11.77 yuan per kilogram [1] Group 2 - The sales volume of commodity pigs increased by 11.95% compared to the previous month [1] - The sales revenue decreased by 4.25% month-on-month [1] - The average selling price of commodity pigs fell by 13.98% compared to the previous month, with the average price for fat pigs being 11.34 yuan per kilogram [1]

Group 1 - The core point of the article is that Jin Xin Nong (002548.SZ) reported its pig sales figures for October 2025, indicating a total of 162,800 pigs sold, which includes 84,100 commercial pigs, 78,600 piglets, and 10 breeding pigs [1] - The sales revenue from pig sales reached 141.88 million yuan, reflecting the company's performance in the livestock market [1] - The average selling price of commercial pigs was reported at 11.83 yuan per kilogram, providing insight into pricing trends in the industry [1]

Core Viewpoint - Tianbang Foods reported a total sale of 686,000 pigs in October 2025, generating a revenue of 607.49 million yuan, with an average selling price of 11.77 yuan per kilogram, showing a quarter-on-quarter change of 11.95%, -4.25%, and -13.98% respectively [1] Sales Performance - In the first ten months, the company sold 5.3233 million pigs, with a total revenue of 6.6924 billion yuan and an average selling price of 15.30 yuan per kilogram, reflecting year-on-year changes of 6.76%, -7.96%, and -14.68% respectively [1] - The company’s associate sold 119,946 pigs in October [1] Slaughtering Data - The number of pigs slaughtered in October was 140,486, with a cumulative total of 1,319,761 pigs slaughtered from January to October [1]

Core Viewpoint - The company, Jin Xin Nong, announced its projected sales figures for pigs in October 2025, indicating a total of 162,800 pigs sold, with a sales revenue of 142 million yuan and an average selling price of 11.83 yuan per kilogram for commercial pigs [1] Group 1 - The total pig sales volume is projected to be 162,800 heads, which includes 84,100 commercial pigs, 78,600 piglets, and 10 breeding pigs [1] - The sales revenue from pig sales is expected to reach 142 million yuan [1] - The average selling price for commercial pigs is set at 11.83 yuan per kilogram [1]