Vats liquor chain store management joint stock Q3 net income year-on-year decline exceeded 80%, former general manager resigned and may be transferred to Jindong Group | interpretations

①In Q3, Vats Liquor Chain Store Management Joint Stock's net income decreased by 84.17% year-on-year, with a net profit of only about 12.67 million yuan; ②In Q3 of this year, the company's gross margin fell to 8.5%, the lowest level of gross margin since going public; ③Half a month ago, director and general manager Li Wei of Vats Liquor Chain Store Management Joint Stock resigned, expected to be transferred to Jin Dong Group; the son of the company's actual controller, Wu Qirong, took over the director position.

cls.cnOct 28 08:23 ET

The State Tobacco Monopoly Administration has released new regulations on electronic cigarettes, and there is expected to be further improvement in market share for leading companies.

The State Tobacco Monopoly Administration issued a notice on the revision and implementation of the Regulations on the Management of Electronic Cigarette Transactions. The notice mentions that the competent administrative department of tobacco monopoly of the State Council will establish a nationwide unified electronic cigarette trading management platform. Caitong Securities' Lv Mingzhang pointed out that in the long term, non-compliant products will gradually be cleared, and market share is expected to further concentrate, which is bullish for leading companies in production, brand and other aspects.

cls.cnSep 2 19:47 ET

The gross margin of the baijiu business has fallen to single digits. The net income of the vats liquor chain store management joint stock in Q2 is nearly halved compared to the same period last year. | Interpretations

①In Q2 of this year, vats liquor chain store management joint stock's net income attributable to the parent company was 25.2998 million yuan, a year-on-year decrease of 49.10%, with a non-GAAP net income of 9.8646 million yuan, a decrease of 77.15% year-on-year; ②In the first half of the year, the gross margin of baijiu business of vats liquor chain store management joint stock fell to 9.36%, the lowest level since listing; ③The sales proportion of Maotai, Wuliangye and other famous liquors has increased, leading to a decrease in the gross margin of some famous liquors, affecting the performance of vats liquor chain store management joint stock.

cls.cnAug 23 08:56 ET

The “Godfather of Liquor” received regulatory letters due to bailouts, putting pressure on both profits and cash on China's liquor banks

Wu Xiangdong, the “godfather of liquor,” who founded the Jin Liufu brand and owned two listed liquor companies, was warned by regulation. On July 24, the Shenzhen Stock Exchange issued a regulatory letter on Huazhi Liquor Bank (300755.SZ), the “first stock in alcohol circulation”. On March 9, 2020, Beijing Huazhi Chenxiang E-Commerce Co., Ltd. (“Huazhi Chen Xiang”), a subsidiary of Huazhi Liquor Company, purchased property from the related party, Xinhualian Holdings Co., Ltd. (“Xinhualian Holdings”). On the same day, Huazhi Chen Xiang signed a debt settlement agreement with Xinhualian Holdings and related party Huaze Group Co., Ltd. (“Huaze Group”). Submit the above two items

Wallstreet NewsJul 25, 2023 22:12 ET

December 24 review: With sufficient reserve momentum this week, next week saw a substantial increase in trading volume as block orders targeted 5 stocks.

On December 24th, the three major indices opened higher and then fell back, with the Shanghai Composite Index maintaining a low consolidation, while the ChiNext Price Index led the decline in the two cities. In terms of sectors, the medical sector collectively surged, with traditional Chinese medicine stocks leading the gains, while food processing, retail, and other consumer stocks were active against the trend; new energy sectors such as lithium batteries, photovoltaics, and energy storage all fell across the board, with the heavyweight Contemporary Amperex Technology dropping over 9% intraday. The indices continued to weaken in the afternoon, with the ChiNext Price Index's decline expanding to 2.7% at one point. Stocks related to nurturing diamonds and the non-fungible token (NFT) concept surged, while sectors like autos, rare earths, fluorine chemicals, and digital currency remained sluggish. Overall, market sentiment is cooling, and individual stocks are showing a general downward trend in the two cities

新浪財經綜合Dec 24, 2021 02:46 ET

Analysis of the daily limit of Tianyin Holdings on September 22: Shenzhen local stocks, lottery, unicorn concept hot stocks

Securities Star data Center News, Tianyin Holdings rose the limit to close, closing price 17.82 yuan. The stock rose by the limit at 09:45, opened the limit 16 times, and closed its closing order with a capital of 57.1674 million yuan, accounting for 0.31% of its current market value. In terms of capital flow data, the net inflow of main funds on the same day was 167 million yuan, the net inflow of hot capital was 186 million yuan, and the net outflow of retail funds was 56.5544 million yuan. In the past 5 days, the capital flow is shown in the following table: this stock is Shenzhen local stock, lottery, unicorn concept hot stock. On the same day, Shenzhen local stock concept rose 1.09%, lottery concept rose 0.93%, unicorn

證券之星Sep 22, 2021 03:11 ET