Impact of Sharp Fluctuations of Live Pig Prices on Financial Capacity of Pig Breeding Enterprises: An Analysis Based on the Data of Listed Enterprises from 2018 to 2021

Qi Xue, Ruihan Li and Shufen Li

Asian Agricultural Research, 2023, vol. 15, issue 08

Abstract: Based on the general equilibrium theory of microeconomics, this study first analyzed the causes of sharp fluctuations in live pig prices, and then explored the financial capabilities of enterprises during the sharp fluctuations of live pig prices by using the financial data of 4 typical top listed enterprises from 2018 to 2021. By comparing the changes in the capabilities of enterprises, the impact of price on the financial capability of enterprises and differences were identified. The research results showed that the price of live pigs played a decisive role in enterprise profits, and there were huge differences in the fluctuation period. In the sharp increase period of price, price temptation is easy to cause enterprises to over-invest, resulting in excessive growth of enterprise assets, and increasing the business risk of enterprises. Based on the above conclusions, some policy suggestions were put forward to promote the stable development of industry from the three levels of enterprises, industries and government departments.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ags:asagre:341863

DOI: 10.22004/ag.econ.341863

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