GTJA: The Beer Industry has entered an era of high dividends, which may present strong and certain investment opportunities.
In the medium to long term, the economic situation is expected to marginally improve, with ongoing structural upgrades and category expansions. Leading Beer companies may expand their categories, and the contribution ratio of Other business lines such as beverages and Spirits will gradually increase.
Deep *industry* deep *macro* Guangzhou Zhujiang Brewery (002461): Impressive sales growth rate in 3Q24, increased investment intensity.
Guangzhou Zhujiang Brewery disclosed its third quarter report for 2024, achieving revenue of 4.89 billion yuan in Q1-Q3 2024, a year-on-year increase of 7.4%, and achieving a net income of 0.81 billion yuan, a year-on-year increase of 25.3%; among which, in Q3 2024, the quarterly revenue reached 19 billion yuan.
Pearl River Beer: Report for the third quarter of 2024
Guangzhou Zhujiang Brewery (002461.SZ): The net income in the third quarter was 0.307 billion yuan, a year-on-year increase of 10.60%.
On October 24, Guozhihui reported that guangzhou zhujiang brewery (002461.SZ) disclosed its third-quarter report for 2024. In the third quarter of 2024, the company achieved revenue of 1.901 billion yuan, a year-on-year increase of 6.89%; the net income attributable to shareholders of the listed company was 0.307 billion yuan, a year-on-year increase of 10.60%; the net income profit after deducting non-recurring gains and losses was 0.292 billion yuan, a year-on-year increase of 9.10%; the basic earnings per share was 0.1386 yuan per share.
Express News | Guangzhou Zhujiang Brewery: net income increased by 25.35% year-on-year in the first three quarters.
Guangzhou Zhujiang Brewery (002461): The leading beer company in Guangdong region, improving product structure and profitability.
Guangzhou Zhujiang Brewery released its 2024 interim performance, achieving a total operating income of 2.986 billion yuan in the first half of 2024, an increase of 7.69% year-on-year; achieving a net income attributable to the parent company of 0.5 billion yuan, an increase of 36.52% year-on-year; achieving deductions
Guangzhou Zhujiang Brewery (002461): Large single product volume increase helps upgrade the structure, highlighting the elasticity of the profit end.
Event: Guangzhou Zhujiang Brewery released its 2024 semi-annual report, achieving revenue of 2.986 billion yuan in the first half of 2024, a year-on-year increase of +7.69%. The net income attributable to the parent company was 0.5 billion yuan, a year-on-year increase of +36.52%, and the non-recurring net income attributable to the parent company was 4.7 billion yuan.
Guangzhou Zhujiang Brewery (002461): Obvious trend of structural upgrades, elastic release of profits.
On August 22, 2024, Guangzhou Zhujiang Brewery released its 2024 interim performance report. Investment highlights include both volume and price increases, with a clear trend towards high-end products. The company's mid-year revenue in 2024 reached 2.986 billion yuan (+7.69% year-on-year).
Guangzhou Zhujiang Brewery (002461): Q2 achieved simultaneous increase in volume and price, significant improvement in profitability.
Event: The company has released its 2024 semi-annual report, with revenue of 2.99 billion yuan in the first half of the year, a year-on-year increase of +7.7%, and a net income attributable to the parent company of 0.5 billion yuan, a year-on-year increase of +36.6%; among which, Q2 2024 achieved revenue of 1.88 billion yuan, a year-on-year increase of +8.
Guangzhou Zhujiang Brewery: Summary of Half-Year Report in 2024.
Guangzhou Zhujiang Brewery: Half-year report for the year 2024.
Guangzhou Zhujiang Brewery (002461.SZ): plans to increase capital to Zhuhai Zhu Beer by 0.65 billion yuan.
Guangzhou Zhujiang Brewery (002461.SZ) announced on August 22 that, in order to ensure the steady progress of the capacity expansion and upgrading project of Zhongshan Zhujiang Brewery Co., Ltd., and in accordance with the project's fund usage plan, the company plans to increase its capital to Zhongshan Zhujiang Brewery Co., Ltd. (referred to as 'Zhongshan Zhu Beer') with its own funds. The amount of the capital increase is RMB 0.65 billion, and after the capital increase is completed, the registered capital of Zhongshan Zhu Beer will be changed from RMB 38 million to RMB 0.688 billion. This capital increase will be carried out in stages.
Express News | Guangzhou Zhujiang Brewery: The net income in the first half of 2024 has increased by 36.52% compared to the previous year.
Guangzhou Zhujiang Brewery (002461): sales increase against the trend, profit performance exceeds expectations.
Company released the 24H1 performance forecast, expecting a net income attributable to equity holders of 0.476-0.531 billion yuan, a year-on-year increase of +30%-45%; non-net income attributable to equity holders is expected to reach 0.436-0.487 billion yuan, a year-on-year increase of +3%.
Beer concept stocks in A-share market are rising, with Guangzhou Zhujiang Brewery hitting the daily limit.
On July 11th, Zhujiang Brewery rose by the limit, while Royal Group Co.,Ltd., Lanzhou Huanghe Enterprise, and Pinlive Foods rose by over 5%. Chongqing Brewery and Beijing Yanjing Brewery followed suit with the rising trend.
Guangzhou Zhujiang Brewery: 2024 Interim Performance Forecast
Guangzhou Zhujiang Brewery (002461.SZ) announced a forecasted increase, with an expected net income of 0.476 to 0.531 billion yuan in the first half of the year, a year-on-year increase of 30% to 45%.
Guangzhou Zhujiang Brewery (002461.SZ) released its performance forecast for the first half of 2024, which is expected to be attributed to the listed company...
Express News | Guangzhou Zhujiang Brewery: Net income is expected to increase by 30% to 45% in the first half of the year.
Guangzhou Zhujiang Brewery (002461): Upgrade trend continues, performance exceeds expectations.
On July 10, 2024, Guangzhou Zhujiang Brewery released its 2024 interim performance report. The trend of structural upgrading continued and the profit growth rate was impressive. The company is expected to achieve a net income attributable to its parent of 4.76-5.31 in H1 2024.
Pearl River Brewery (002461.SZ): 2023 equity distribution, 10 installments, 1.25 yuan, share registration date June 6
Gelonghui, May 29丨Pearl River Brewery (002461.SZ) announced that the company's 2023 equity distribution plan disclosed no change in the company's total share capital during the implementation period. The distribution plan reviewed and approved by the shareholders' meeting was as follows: 1.250,000 yuan in cash (tax included) for every 10 shares based on the company's current total share capital of 2,213,328,480 shares as a base. The share registration date for this equity distribution is June 6, 2024, and the ex-dividend date is June 7, 2024.