值得一提的是，在经营活动所得现金净额方面，珍酒李渡也表现出色，上半年达到5.75亿元，同比增长166.2%，彰显了良好的资金周转能力和盈利质量。On August 30, the stock prices of listed Chinese liquor companies flourished across the board. Among them, Zhenjiu Li Du (6979.HK) ranked at the top of the liquor sector with a 6% increase.
Industry insiders pointed out that although the liquor industry is undergoing a period of deep adjustment, most listed liquor companies have shown strong operational resilience, and medium- to long-term growth potential is still stable. This collective rise in the liquor sector reflects the capital market's full recognition of the steady fundamentals and growth potential of the liquor industry.
As the first stock of Hong Kong liquor and the second stock of Chinese sauce-flavored liquor, Zhenjiu Li Du showed its advantages of high growth and high certainty with an impressive half-year report card. In the first half of 2024, Zhenjiu Lidu achieved operating income of 4.133 billion yuan, an increase of 17.5% over the previous year; adjusted net profit was 1.02 billion yuan, an increase of 26.9% over the previous year. Revenue and adjusted net profit have continuously achieved double-digit increases. High-end results have been remarkable. The four major brands “rise in volume and price”, and the growth momentum is strong.
It is worth mentioning that in terms of net cash from operating activities, Zhenjiu Li Du also performed well, reaching 0.575 billion yuan in the first half of the year, an increase of 166.2% over the previous year, demonstrating good capital turnover and profit quality.
Meanwhile, Zhenjiu Lidu's advance payment balance was nearly 1.79 billion yuan, which continued to increase positively compared to 1.777 billion yuan in the same period last year, indicating the long-term confidence of dealers in Zhenjiu Lidu.
According to the above industry insiders, although the liquor industry is currently facing major challenges, under the trend of strong players, Zhen Liquor Lidu, which has advantages in production areas, product advantages, and brand advantages, is expected to continue to be favored by the market.
