Zhongxin Finance, February 8th. Following the word limit on the first trading day of the Year of the Tiger (7th), on February 8th, Zhengbang Technology continued to drop by the limit, at 7.17 yuan per share, with a market value of 22.6 billion yuan.
On the evening of January 28, Zhengbang Technology released the 2021 annual performance forecast. It is expected that the net profit attributable to shareholders of listed companies in 2021 will be a loss of 18.2 billion yuan to 19.7 billion yuan, a decrease of 416.84%-442.96% over the same period last year.
Zhengbang Technology explained in the performance forecast that during the reporting period, the company sold 14.9267 million live pigs, a year-on-year increase of 56.14%.
Due to the decline in the domestic live pig market price, the company's average sales price per head was 16.60 yuan/kg, a year-on-year decrease of 16.10 yuan/kg, and the single head income fell by 1,653 yuan. The increase in sales and the decrease in sales price affected the profit of 8.873 billion yuan.
The company has a single industry, and its profit contribution is mainly from the pig breeding business, which is more affected by the pig cycle than diversified companies.
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