No Data
Guosen Securities: Baijiu continues to focus on market order control, and structural improvement in beer consumption demand in July.
In July, baijiu entered its off-season with overall stability. The channel's payment ratio remains low, and the terminal sales velocity is slow. The phenomenon of consumer downgrading still exists. The beer industry benefited from high temperatures in some regions and the opening of sports events such as the Olympics, resulting in structural improvement in demand.
Inner Mongolia Yili Industrial Group (SHSE:600887) Will Be Hoping To Turn Its Returns On Capital Around
Inner Mongolia Yili Industrial Group (600887.SH) has spent approximately CNY 0.3 billion to buy back 11.6417 million shares.
Inner Mongolia Yili Industrial Group (600887.SH) announced that as of the end of July 2024, the company had repurchased a total of 1...
Credit Suisse | Lyon downgrades target price for Mengniu and Yili, lowering earnings forecast from 2021 to 2026.
Lyon believes that China's raw milk prices have fallen by 12% year-on-year since this year, reflecting an imbalance in supply and demand, influenced by the slower-than-expected reduction in excess production capacity. The bank's channel survey shows that demand for liquid milk has weakened, with sales in May and June falling by double digits year-on-year. Currently, more discounts are in response to weak demand passively. It is expected that product prices will return to normal after demand picks up and inventory is cleared. Lyon prefers Mengniu, based on its low valuation, unchanged leadership position, and potential to improve shareholder returns. They also believe that the stock price has reflected the challenges facing it. The bank lowered its net income forecast for Mengniu from 10% to 14% from this year to 2026 and lowered its target price to 22.
The Market Doesn't Like What It Sees From Inner Mongolia Yili Industrial Group Co., Ltd.'s (SHSE:600887) Earnings Yet
Inner Mongolia Yili Industrial Group (600887.SH): Cumulative expenditure of 153 million yuan to repurchase 5.8049 million shares.
Inner Mongolia Yili Industrial Group (600887.SH) announced that as of the end of June 2024, the company has cumulatively repurchased 5,804,866 shares through centralized bidding trading, accounting for 0.0912% of the company's total share capital. The highest purchase price was 27.07 yuan/share and the lowest price was 25.41 yuan/share. The total amount paid was 152,698,197.64 yuan (excluding transaction fees).
Be Wary Of Inner Mongolia Yili Industrial Group (SHSE:600887) And Its Returns On CapitalNo Data
