Packaged Foods and Meats

Sunner

Sunner released FY2026 Q1 earnings on April 22 After-Market (BJT), actual revenue CNY 5.162 B, actual EPS CNY 0.206

Sunner FY2026 Q1 Earnings Release Scheduled for April 23 After-Market BJT

Sunner released FY2025 Annual Earnings on April 12 After-Market (BJT), Actual Revenue CNY 20.09 B (Forecast CNY 20.49 B), Actual EPS CNY 1.1203 (Forecast CNY 1.1068)

Sunner released FY2025 Q4 earnings on April 12 After-Market (BJT), actual revenue CNY 5.389 B, actual EPS CNY 0.1799 (forecast EPS CNY 0.1885)

Sunner to Release FY2025 Annual Earnings on April 13 After-Market (BJT), Forecast Revenue CNY 20.49 B, EPS CNY 1.1068

Sunner released FY2025 Q3 earnings on October 21 (BJT), actual revenue CNY 5.849 B, actual EPS CNY 0.2017 (forecast EPS CNY 0.1608)

Sunner released FY2025 9 Months earnings on October 21 (BJT), actual revenue CNY 14.71 B, actual EPS CNY 0.9414

Sunner released FY2025 Q2 earnings on August 17 During-Market (BJT), actual revenue CNY 4.742 B, actual EPS CNY 0.6204 (forecast EPS CNY 0.1341)

Sunner released FY2025 Semi-Annual Earnings on August 17 During-Market (BJT), Actual Revenue: CNY 8.856 B, Actual EPS: CNY 0.7381

Santong Development reports 22.02% YoY revenue growth in July 2025

Sunner FY2025 Semi-Annual Earnings Release on August 18, 2025 (BJT)

Shendong Development Expected Q2 2025 Non-Operating Profit Growth of 256.2% to 353.4%

Shenda Development Responds to Broiler Chick Price Concerns, H1 2025 Net Profit Forecast to Increase

Santong Development reports 8.61% YoY revenue growth in June 2025

Santong Group Invests Over 300 Million Yuan in Zixi County, Fuzhou City

Multiple Companies Announce Operations, Investments and Performance Announcements

Santong Development Expects Significant Increase in Net Profit for H1 2025

Shannong Development Announces May 2025 Sales Revenue

Santong Development Announces April Sales Revenue of 1.533 Billion Yuan

Sunner released FY2025 Q1 earnings on April 28 After-Market BJT, actual revenue CNY 4.115 B, actual EPS CNY 0.1193

Ordinary dividend (cash)

Ex Date: Today 2026.05.21, Cash dividend 0.2 CNY

002299

002458

603609

HuaChuang Securities released a research report indicating that the price of live chickens stabilized after a decline in September, while the price of chicks fluctuated at a high level. In the first ten days, the price of white feather chicks slightly increased to 3.31 yuan/chick; in the middle of the month, the price of live chickens declined, and the price of chicks slightly decreased to 3.03-3.20 yuan/chick; in the last ten days, the price of chicks fluctuated between 3.13-3.28 yuan/chick. The price of chicken meat fluctuated at a high level, with the national average price of white feather broilers in September being 6.99 yuan/kg, a year-on-year decrease of 3.22%

Zhitong

YISHENG

Wellhope

HuaChuang Securities: After a decline in September, the price of broiler chickens stabilized, while the price of chicks fluctuated at a high level

KaiYuan Securities maintains a "Buy" rating on Sunner, expecting the net profit attributable to shareholders for Q1-Q3 2025 to be 1.159 billion yuan, a year-on-year increase of 202.82%. Although the net profit attributable to shareholders in Q3 decreased by 11.40% year-on-year, the company's operations are stable, chicken sales are steadily increasing, costs continue to decline, retail C-end and export channels are growing rapidly, sales structure is optimized, and product price resilience is enhanced. The company's debt-to-asset ratio has decreased, cash on hand has increased, financial conditions have improved, and high dividends indicate investment value

Open Source Securities: Maintains "Buy" rating on Sunner, with steady sales growth focusing on the C-end

Sunner released its third-quarter report for 2025, with operating revenue for the first three quarters at 14.706 billion yuan, a year-on-year increase of 6.86%; net profit attributable to shareholders was 1.159 billion yuan, a year-on-year increase of 202.82%; net profit excluding non-recurring gains and losses was 632 million yuan, a year-on-year increase of 71.72%; basic earnings per share were 0.94 yuan

Sunner released its performance for the first three quarters, with a net profit attributable to the parent company of 1.159 billion yuan, an increase of 202.82%

300498

300761

China Merchants Securities released a research report indicating that the supply of white-feathered chicks in September is tight, with limited price recovery for chicks, leading to gradual losses in the breeding sector; meanwhile, the price of yellow-feathered chickens continues to be high, improving profits for leading enterprises. The average price of white-feathered chicks is 3.27 yuan per chick, and the average price of live chickens is 6.99 yuan per kilogram, resulting in a loss of 1 yuan in the breeding sector. The average price of yellow-feathered chickens is 5.41 yuan per jin, with improved demand and holiday boosts driving continuous price recovery. It is expected that consumption improvement in the fourth quarter will support the continued prosperity of chicken prices

WENS

LIHUA

CITIC Securities: The high prosperity of yellow chickens continues, while white feather chickens turned to losses in September

In September 2025, Sunner's sales revenue was 1.863 billion yuan, a year-on-year increase of 14.94%. Among them, the poultry breeding and processing segment's chicken sales revenue was 1.3 billion yuan, a year-on-year increase of 9.48%; the deep-processed meat products segment's sales revenue was 989 million yuan, a year-on-year increase of 36.19%. In terms of sales volume, the poultry breeding and processing segment's chicken sales volume was 139,100 tons, a year-on-year increase of 10.56%; the deep-processed meat products sales volume was 52,300 tons, a year-on-year increase of 54.86%

Sunner's sales revenue in September was 1.863 billion yuan, a year-on-year increase of 14.94%

China Merchants Securities released a research report indicating that the prices of white-feathered chickens and yellow-feathered chickens have reached a turning point in their prosperity. In August, the average price of white-feathered chicks was 3.29 yuan per chick, and the average price of broilers was 7.17 yuan per kilogram, significantly improving profitability at the breeding end. Regarding yellow-feathered chickens, with the improvement in supply and demand, prices rebounded in August, and high-quality production capacity gradually turned profitable. It is expected that in the second half of 2025, the supply of parent stock broiler chicks will be tight, affecting the subsequent supply of commercial broiler chicks

China Merchants Securities: Chicken prices welcome a turning point in prosperity, and the breeding sector gradually turns profitable

Sunner achieved sales revenue of 1.857 billion yuan in August 2025, a year-on-year increase of 19.11%. Among them, the poultry breeding and processing segment's chicken sales revenue was 1.3 billion yuan, an increase of 13.84%; the sales revenue of deep-processed meat products was 913 million yuan, an increase of 35.51%. The company's various business segments showed steady growth in production and sales, with an increased proportion of deep-processed products, and strong performance in retail and export businesses. Through refined management, the comprehensive cost of meat production decreased year-on-year, further solidifying the profit foundation

Sunner: In August, achieved sales revenue of 1.857 billion yuan, a year-on-year increase of 19.11%

In August 2025, Sunner's sales revenue was 1.857 billion yuan, a year-on-year increase of 19.11% and a month-on-month decrease of 12.76%. The poultry breeding and processing segment's chicken sales revenue was 1.3 billion yuan, a year-on-year increase of 13.84% and a month-on-month decrease of 12.23%; the deep-processed meat products segment's sales revenue was 913 million yuan, a year-on-year increase of 35.51% and a month-on-month decrease of 7.12%. In terms of sales volume, the poultry breeding and processing segment's chicken sales volume was 137,400 tons, a year-on-year increase of 15.18% and a month-on-month decrease of 13.16%; the deep-processed meat products sales volume was 48,000 tons, a year-on-year increase of 47.46% and a month-on-month decrease of 6.95%

Sunner: August sales revenue was 1.857 billion yuan, a month-on-month decrease of 12.76%

Sunner released its 2025 semi-annual report, with operating revenue of 8.856 billion yuan, a year-on-year increase of 0.22%. The net profit attributable to the parent company was 910 million yuan, a year-on-year increase of 791.93%. The net profit excluding non-recurring gains and losses was 376 million yuan, a year-on-year increase of 305.44%. The basic earnings per share were 0.7382 yuan. During the reporting period, the company's production and sales both achieved growth, with chicken meat sales volume of 660,900 tons and deep-processed meat products sales volume of 174,500 tons, representing increases of 2.50% and 13.21%, respectively

Both production and sales increased, Sunner's net profit attributable to shareholders in the first half of the year grew by 791.93% to 910 million yuan

China Merchants Securities released a research report indicating that since mid-July, the price of broiler chickens has gradually rebounded, improving profitability for farmers and increasing their willingness to restock. The overall demand for chicks is positive, and chick prices have rebounded since hitting a low in mid-July. It is expected that chicken prices will be supported in August, and with improved demand during the peak season, the price of yellow-feathered chickens also shows a warming trend. Overall, the exit of outdated capacity in the industry may accelerate

CITIC Securities: Chicken prices have bottomed out and are rebounding, optimistic about August's prosperity

Sunner(002299.SZ)