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Founder Securities: Proactively controlling speed to release pressure, Q3 baijiu report shows intensified differentiation.
The baijiu sector reported a slowdown in Q2, with off-season liquor companies shifting their focus to maintaining the industry price system, controlling inventory to support prices and maintaining healthy circulation channels. It is expected that the Q3 and Q4 financial reports will continue the trend of risk release.
Wuliangye: Third Quarter Report 2024 (English)
Debang Securities: Differentiation in the food and beverage sector's financial reports in the third quarter, Maotai (600519.SH) prices hit bottom and rebounded.
In the third quarter, the performance of liquor enterprises generally slowed down, with channels releasing pressure to build up momentum for next year. The long-term logic of various sub-sectors of mass market remains unchanged, and it is recommended to focus on symbols with performance exceeding expectations.
Wuliangye Yibin Co.,Ltd. (SZSE:000858) Fell Short of Analyst Expectations: Here's What You Need To Know
Cinda Securities: Improvement in csi sws food & beverage index allocation in 2024Q3 compared to the previous quarter, focusing on baijiu and mass market sectors.
Looking at the changes in individual industries, in the third quarter of 2024, SW baijiu, beer, dairy products, processed food, seasoning and fermentation products, and snack food increased by +17.87%, +14.94%, +14.34%, +25.27%, +27.23%, and +19.23% respectively.
Research Reports Spotlight | Haitong Securities: Maintaining wuliangye yibin's 'Outperform the Market' rating, high dividend payout ratio to reward shareholders.
Haitong Securities research report pointed out that Wuliangye Yibin (000858.SZ) Q3 revenue is under pressure, with a high dividend payout ratio to shareholders. The company's revenue is under pressure in a weak demand environment, with a +1.4% year-on-year increase to 17.268 billion yuan in 2024 Q3. In the second half of 2024, the company focuses on 'boosting sales, stabilizing prices, improving efficiency, and transforming work styles,' actively promoting consumer bottle-opening sales, banquets, tasting events, and more. In addition, the company announced its shareholder return plan for the years 2024 to 2026, planning annual cash dividends not less than 70% and total cash dividends not less than 20 billion yuan (tax included) each year, with the lower limit of total cash dividends corresponding to
Why Wuliangye Yibin Co.,Ltd. (SZSE:000858) Could Be Worth WatchingNo Data
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