20230213-华创证券-华创农业1月生猪跟踪报告_猪价低位_出栏量重均减_重点关注成本领先企业_13页_1mb.pdf
2009 1210 2023 02 13 1 1 9 74.83 6.07%+81.41%-56.11%1 15.43/18.67/13.54/1 10 523.3 1.46%1 23.23 yoy+78.14%15.91 yoy+25.37%49.42 yoy+18.66%129.11 yoy-0.12%5.01 yoy-29.04%56.5 yoy-41.07%9.88%7.74%6.98%1 5 118.40kg 118.30kg 116.68kg 84.29kg 69.93kg-2.81%-2.53%-9.30%-4.08%-3.68%22 10 2022 1 12 1 119.87-5.84%1 22 1-188.60/-317.76/-289.60/-396.97/1 22 37.39/-12.18%-62.31%1 32.00+14.86%22 7 48.37%4.15-67.55%22 10 78.10%6 1 15.43/kg 1 119.87kg 6 396/S0360522060001 021-20572579 S0360521080002%()94 0.01()14,693.05 1.63()10,438.25 1.53%1M 6M 12M-0.6%-15.1%-11.0%-0.9%-7.2%5.4%20230103-20230108 2023-01-08 20221226-20230102 2023-01-02 20221219-20221225 2022-12-25-23%-12%-1%9%22/02 22/04 22/07 22/09 22/11 23/022022-02-142023-02-10 300 2009 1210 2 ROE 2009 1210 3 1 9 74.83 6.07%.5 1 10 523.3 1.46%.5 1.6 1.8.9.10 2009 1210 4 1 2023 9 1.5 2 22/.5 3 1/.5 4 10 1.6 5 5.7 6.7 7.8 8.8 9.8 10.8 11.8 12.8 13 22/.9 14 15/.9 15/.9 16/.9 2009 1210 5 1 9 74.83 6.07%2023 1 9()74.83 6.07%+81.41%-56.11%1 15.43/7()18.67/13.54/5 1 22 15.43/1 2023 9 1 2 22/3 1/Wind 1 10 523.3 1.46%2023 1 10 523.3 1.46%23.23 yoy+78.14%15.91 yoy+25.37%49.42 yoy+18.66%129.11 yoy-0.12%5.01 yoy-29.04%56.5 yoy-41.07%1-80%-60%-40%-20%0%20%40%60%80%100%051015202530 23 1 yoy0510152025303540452018-06 2019-06 2020-06 2021-06 2022-06 2009 1210 6 7-20.81%-19.97%-19.45%-18.57%-17.60%-15.27%-10.65%3+11.30%+15.99%+28.13%9.88%7.74%6.98%4.55%4.43%2.78%4 10 1 1 22 12(23 23 158.71 5.38%187.32-15.27%2600 6.10%129.11-0.12%156.69-17.60%1850 6.98%56.5-41.07%48.71 15.99%-49.42 18.66%55.31-10.65%500 9.88%41.78 9.72%51.31-18.57%800 5.22%38.31 0.47%48.38-20.81%600 6.39%23.23 78.14%28.84-19.45%300 7.74%15.91 25.37%19.88-19.97%350 4.55%5.32 14.16%4.78 11.30%120 4.43%5.01-29.04%3.91 28.13%180 2.78%523.3-1.46%605.13-13.52%7300 7.17%1 1 5 118.40kg 118.30kg 116.68kg 84.29kg 69.93kg-2.81%-2.53%-9.30%-4.08%-3.68%22 10 10 2022 1 12 1 119.87 5.84%2 2 2009 1210 7 5 5 2022 1 116.44 118.70 113.22 100.08 98.41 117.07 2022 2 117.40 0.82%108.75-8.38%115.42 1.94%94.83-5.25%99.70 1.31%117.45 0.32%2022 3 119.48 1.77%111.42 2.46%113.87-1.34%86.48-8.81%89.67-10.07%117.09-0.31%2022 4 118.97-0.42%110.84-0.52%113.15-0.63%55.33-36.02%67.35-24.89%117.69 0.51%2022 5 120.11 0.96%118.73 7.12%116.24 2.73%54.93-0.72%63.65-5.50%122.85 4.38%2022 6 119.62-0.41%111.84-5.80%118.94 2.32%50.31-8.42%55.91-12.15%125.34 2.03%2022 7 117.10-2.10%120.47 7.72%120.69 1.47%52.91 5.18%39.89-28.66%125.81 0.37%2022 8 118.12 0.87%119.90-0.47%122.56 1.55%80.74 52.60%55.67 39.59%126.47 0.52%2022 9 121.85 3.16%120.84 0.78%123.35 0.64%59.66-26.11%46.73-16.07%127.52 0.83%2022 10 124.12 1.87%123.61 2.29%126.38 2.46%59.58-0.14%42.83-8.33%129.43 1.50%2022 11 125.27 0.93%125.40 1.45%131.44 4.00%76.28 28.02%75.72 76.76%130.54 0.86%2022 12 121.82-2.75%121.37-3.21%128.64-2.13%87.87 15.20%72.60-4.11%127.3-2.48%2023 1 118.40-2.81%118.30-2.53%116.68-9.30%84.29-4.08%69.93-3.68%119.87-5.84%6-35%-30%-25%-20%-15%-10%-5%0%5%0204060801001201401 kg/2009 1210 8 7 8 9 10 11 12 1 1-188.60/-317.76/-289.60/-396.97/Wind 1 22-4%-3%-2%-1%0%1%2%3%4%112114116118120122124126 kg/-10%-8%-6%-4%-2%0%2%4%6%8%10%100105110115120125130 kg/-10%-8%-6%-4%-2%0%2%4%6%100105110115120125130135 kg/-50%-40%-30%-20%-10%0%10%20%30%40%50%60%0102030405060708090100 kg/-40%-20%0%20%40%60%80%100%020406080100120 kg/-8%-6%-4%-2%0%2%4%6%110115120125130135 kg/2009 1210 9 37.39/12.18%62.31%1 32.00 14.86%22 7 48.37%4.15 67.55%22 10 78.10%1 13 22/14 15/Wind 15/16/Wind Wind 6 1 15.43/kg 1 119.87kg 6 396/ROE0204060801001201401602007-012008-012009-012010-012011-012012-012013-012014-012015-012016-012017-012018-012019-012020-012021-012022-012023-0105001000150020002500(2,000)(1,000)01,0002,0003,000(1,000)(500)05001,0001,5002,0002,5003,0003,5002010-012011-012012-012013-012014-012015-012016-012017-012018-012019-012020-012021-012022-012023-01 2009 1210 10 2009 1210 11 2022 2019 2020 2019 2022 2019 2022 2022 2009 1210 12 010-63214682 010-63214682 010-63214682 010-63214682 010-63214682 010-63214682 010-66500808 010-66500821 010-63214682 0755-82828570 0755-83715428 0755-82871425 0755-83024576 0755-82756804 0755-82756803 0755-82871425 021-20572536 021-20572551 021-20572555 021-20572257-2552 021-20572506 021-20572585 021-20572560 021-20572509 021-20572548 021-20572573 021-20572559 021-20572559 0755-82756805 021-20572559 玙 021-25072549 0755 82756805 2009 1210 13(300)6 20%6 10%20%6-10%10%6 10%20%3-6 5%3-6-5%5%3-6 5%000876 26 C 3A 1061 A 19 33 12 100033 518034 200120 010-66500801 0755-82027731 021-20572500 010-66500900 0755-82828562 021-20572522
