What about the great northern wilderness?
At the time of the two sessions every year, agricultural policies are the focus of the two sessions, and agricultural stocks are once again concerned.
With the sharp rise of domestic CPI and the further rise of international food prices, the agricultural sector has shown a general upward trend since the fourth quarter of last year. In this case, the share price of Beidahuang (20.48, 0.07, 0.34%, right) also rose, hitting new highs one after another. It once reached 25.32 on March 4th. With the overwhelming situation of the Great Northern Wilderness in the past six months and the rising stock price, some investors call it the "Great Northern Warehouse" for investors.
The main business is different from agricultural production.
In the main business income of Beidahuang, it is not agricultural production, but land contract fee income.
At present, there are 624,000 hectares of cultivated land in the Great Northern Wilderness and another 240,000 hectares of land to be developed. On the fertile Sanjiang Plain, the Great Northern Wilderness is an out-and-out "landlord".
"Land is the foundation that supports everything in the Great Northern Wilderness." Zhao Yijun, a representative of Beidahuang Securities, said frankly that in the past three years, the income from land contracting fees has always accounted for about 75% of the company's total gross profit. According to the data, the net profit of Beidahuang in the first half of 2007 was 275 million, and the contract rental profit alone contributed 250 million, which is already the super engine of profit.
The land contract system in the Great Northern Wilderness is to contract the land to local agricultural producers and collect the contract rent. Because the land cost is almost zero, the contract rent can almost be converted into profit.
Kang Jingdong, Cinda Securities, said that the advantages of this operating income structure are low risk and stable income, but because the land contracting cost is relatively fixed, it also means sacrificing high performance growth.
According to Zhao Yijun, in recent years, the contracted rent in Beidahuang has been increasing at 2% to 3%, which is relatively stable due to the influence of national policies and farmers' income.
For the two sessions held recently, the national policy shows that it will further increase subsidies to agriculture and protect farmers. Zhao said that the country's agricultural policy requires stable development, and the land contract fee is also closely related to the national policy. Generally speaking, it is a trend to stabilize and rebound.
Can this steady rise last forever? Qin Jun of Guotai Junan Securities pointed out that although the contracted rent has certain stability, it also needs to be linked to the food price. Only when the food price rises, the output increases, the income exceeds the cost, the average income per mu increases, and the contracting cost increases can there be a realistic basis.
Due to the low growth of the contract cost, there is no explosive performance, so it can be used as a configuration variety to obtain the industry average income in the agricultural sector, and the probability of excess income is low, Qin Jun said.
Growth needs to be strengthened.
When judging the investment value of a company, performance is the fundamental factor, but the growth of the company determines the height of its stock price.
The growth of the company needs to be strengthened at profit points other than contract income. Zhao Yijun is very calm, saying that the company has been trying to increase other profit points.
In addition to the land contract income contributing half of the profits, the chemical, rice and malt industries under the Great Northern Wilderness constitute the supplementary sources of its profits. However, judging from its financial report, its operating conditions are not ideal. In the first half of 2007, for example, chemical sales reached 220 million, but the net profit was only 1.30 1.000 yuan, and rice sales reached 9 1.000 yuan.
Due to the stability of land contract income in a long time, the growth point of the company's performance almost depends on other projects. Zhao Yijun said helplessly that other companies have low profit margins, which has dragged down their performance.
On the issue of low profit rate, Zhao said that due to the strict control of food prices by the state and the rise in international oil prices last year, the prices of means of production also rose, and the increase in costs in all aspects exceeded the increase in profits. Kang Jingdong of Cinda Securities believes that it is a factor that the grain price is controlled by the state, but the agricultural industry is a value-added industry, especially the rice industry, which lacks a perfect production and processing industrial chain, and the added value of products is low, and profits cannot go up.
In fact, the Great Northern Wilderness has realized these problems. In February last year, Beidahuang raised 654.38+0.5 billion yuan by issuing convertible corporate bonds, and most of the funds will be invested in rice-related industries, including 654.38+0.5 million tons of high-quality rice production base construction project, high-quality rice processing technical transformation project of rice company, rice company ...
How about the rice in the Great Northern Wilderness?
If you want to buy rice now, you have to buy rice from the west or northeast. I prefer western rice. Because the land pollution in our coastal and central and eastern regions is serious and the heavy metals exceed the standard,
I hope the west will be better.
Tongren white water rice is delicious. Where did my family go to Tongren this year? Where have I eaten the best plain rice? Rice is delicious and my family likes it very much.
Now my family often buys them online. Online shopping is only delicious if it is genuine. There seems to be only one online. The owner's name seems to be Zhang Wei. You can go and have a look.
How about rice in the Great Northern Wilderness?
Generally speaking, it refers to the rice planted and harvested in the "Great Northern Wilderness" area, which is more geographically restricted than the northeast rice and belongs to the "northeast rice". The growth cycle is about 180 days, which provides it with unique natural conditions, sufficient sunshine and rain, and is planted in extremely fertile black soil, rich in various mineral elements such as nitrogen, phosphorus and potassium, which is extremely in line with the requirements of rice growth. Irrigation with pure and pollution-free river water or well water has a unique geographical advantage and ensures the unique quality of rice.
Features:
One: the particles are full, the texture is hard, and the color is innocent and transparent.
Beidahuang Rice (1 1 sheet)
Two: the rice grains are bright and fragrant.
Three: after cooking, the rice yield is high, the viscosity is small, and the rice quality is crisp.
Four: Rich in protein, fat, vitamins, minerals and other nutrients.
Five: the cross section is oblate, with a variety of white and transparent colors, as well as translucent and opaque.
Beidahuang rice production base is located in Heilongjiang reclamation area, between east longitude123 40 ′-134 40 ′ and north latitude 40/kloc-0 ′-50 2/kloc-0 ′, with a total area of 54,300 square kilometers, accounting for 60% of the total land area of Heilongjiang province. It is distributed in 69 counties (cities, districts) in 12 places (cities) in Heilongjiang Province, spanning the southern foothills of Xiaoxing 'an Mountains, Songnen Plain and Sanjiang Plain.
How about Beidahuang liquor?
In the past, the agent of the Great Northern Wilderness was just so-so. The customer's reaction is not very good, and he wants to change the brand recently.
How about the green food in the Great Northern Wilderness?
What do you mean? Is it the strength of enterprises, products or their green food?
How about the green food in the Great Northern Wilderness? OK or not? Is it expensive?
Not bad, not expensive.
How about happiness in the Great Northern Wilderness?
The Great Northern Wilderness, Northeast Face-lifting and Cumin Pie in Belle Plaza Food Street are all very good, but the environment is a little hot, and it seems that there is no air conditioning. Has energy conservation and environmental protection reached this point? ...
How was the Great Northern Wilderness developed?
How was the Great Northern Wilderness developed?
The Great Northern Wilderness has been developed and turned out to be an eternal wasteland, located in the foothills of Daxinganling Mountains, Songnen Plain and Sanjiang Plain in Heilongjiang Province. The early development began at 1947, and state farms such as Ning 'an and Zhao Guang were built in Ning 'an County and Bei 'an City. After liberation, demobilized officers and men were transferred to the Great Northern Wilderness to participate in development and construction.
How do we admire the Great Northern Wilderness?
Yuan Ye in the Great Northern Wilderness is picturesque.
In July, in the Great Northern Wilderness, the weather was fine and the breeze was Xu Lai, which hit people's skirts.
The dense grass is full of colorful flowers, emitting charming fragrance. Pink cosmos, bright red wild lily and slender lily flowers, like velvet brocade rust, decorate this boundless land.
How about opening a green food store in the Great Northern Wilderness? OK or not? Who drove it?
no