China-Singapore Jingwei Client, April 29 (Wu Xiaowei) Liquor listed companies have successively disclosed their 2020 annual reports.
Last year, liquor stocks Yiqi Juechen became the most sought after sector in the stock market.
Which stock has the largest gains?
Which stock rose the fastest?
After adjustment, can liquor stocks still "get on the bus"?
Basic earnings per share: Jiugui wine rose the most, highland barley wine fell more than 4 times
At present, some listed wine companies have disclosed their 2020 annual reports. The Sino-Singapore Jingwei client combed and found that Kweichow Moutai's basic earnings per share were 37.17 yuan, ranking first among all wine companies.
Wuliangye and Yanghe shares ranked second and third with 5.141 yuan and 4.9843 yuan respectively.
In terms of growth rate, among the above-mentioned wine companies, Jiuguijiu became the biggest dark horse, with earnings per share increasing by 64.15%, followed by Shanxi Fenjiu with 57.6%.
Wuliangye and ST Yide both ranked third with a 14.68% increase.
In contrast, in 2020, when the liquor sector is booming, the basic earnings per share of five liquor stocks have fallen year-on-year.
Among them, the highland barley wine fell by as much as 418.56%, which is surprising.
In addition, the basic earnings per share of Huangtai Winery, Kouzijiao, Yilite, Laobaigan, and Shuijingfang decreased by 50%, 25.78%, 22.97%, 22.22%, and 11.50 respectively.
Announced "dye sauce" Shuijingfang, Hainan Yedao share price take off
During the spring sugar and wine party, the sauce and wine craze suddenly started.
Some "outsiders" also joined the battle.
News of cross-border "dyeing sauce" by wine companies such as Guyue Longshan, Daughter Red, and Zhijiang Winery are endless.
Will "dye sauce" affect the secondary market?
Can liquor stocks take advantage of this trend to set the limit up again?
For the answers to the above questions, companies have already taken the lead.
First of all, Shuijingfang announced on the evening of April 9 that it intends to invest 560 million yuan in cash to "cross-border" the sauce and wine.
On the first trading day (12th) after the announcement, Shuijingfang recorded a one-word daily limit.
On the second trading day of this announcement (April 12), Shuijingfang recorded a one-digit daily limit at the opening of the market, and the stock price has risen continuously since then.
Wind data shows that from April 12-22, Shuijingfang's stock price rose as high as 54.6%.
On the 27th, Hainan Yedao announced that Yedao Winery, a wholly-owned subsidiary, intends to jointly fund the establishment of a sauce and wine company in cooperation with Futu Winery.
As of the close on the 28th, Hainan Yedao also recorded a one-word daily limit.
Shuijingfang's stock price increase on April 12-22 Source: Wind
"The current Maotai winery mainly focuses on customized wine and OEM sales. With a large amount of capital entering the Maotai wine industry, five years later, large-scale enterprises, national brand incubation capabilities and national consumer mobilization capabilities Brands can win greater development." Xiao Zhuqing, an expert in the liquor industry, told the Sino-Singapore Jingwei client that China's sauce-flavored wine is about to enter the giant game 2.0 era.
There is already a high threshold for making sauce-flavored wine, and in the future it will be the world of bigwigs and oligarchs.
Can the "dye sauce" lead Baijiu's stock price skyrocketing fund still get on the bus?
After experiencing continuous adjustments, the liquor sector has recently made a comeback.
Will liquor stocks still become the best track in 2021?
A number of brokerage research reports said that sauce and wine are flourishing and the liquor boom continues.
From the perspective of stock price performance, this month, "dye sauce" seems to have become the skyrocketing password for liquor stocks.
Photograph by Yan Shuxin, the new latitude and longitude in the data map
According to the Northeast Securities Research Report, after the recent adjustments in the liquor sector, the valuation has returned to a more reasonable level, and the value of allocation has gradually become prominent.
Judging from the exchanges of the Spring Sugar and Wine Fair, the consumption upgrade trend remains unchanged, which will drive the expansion of high-end and sub-high-end markets, and intensified competition will provide support for the further upgrade of the "Wu Lu".
Sauce and wine competition enters the sub-high-end market, but quality and brand are always the end of market competition.
The degree of scent richness is further improved, and the essence of the competitive landscape lies in the market share of leading scent companies.
China Everbright Securities Research Report mentioned that from the overall feedback, the fundamentals of liquor are improving, and the performance of high-end liquor is stable. It is estimated that sales in the first quarter will achieve high growth. The price band of sub-high-end liquor will be widened, product upgrades will accelerate, and soy-flavored liquor will usher in Development air outlet.
Judging from the feedback from this spring sugar meeting, the sauce-flavored wine has the highest attention, and its huge profit margin has attracted a large number of distributors and capital to develop sauce-liquor products. However, the contradiction in the production capacity of high-quality sauce-liquor is still prominent, and the relationship between supply and demand is still tight. Excessive speculation may lead to uneven product quality and form an industry bubble.
It is expected that the category dividends of the sauce and wine industry will continue in the next five years, and the scale of the industry will expand rapidly. The subsequent Langjiu and Guotai are expected to achieve rapid growth after the listing.
(Zhongxin Jingwei APP)
(The opinions in the article are for reference only and do not constitute investment advice. Investment is risky, and you need to be cautious when entering the market.)
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