No Data
No Data
Express News | Institutions are bullish on these stocks today.
Research Reports Dive into Gold | Huaxi: Maintain Jiangsu King's Luck Brewery Joint-Stock "Buy" rating, expected to outperform the Industry.
On December 11, Gelonghui reported that the Huaxi Research Reports indicated that the Spring Festival is the peak season for Baijiu demand, making it a critical period for liquor companies to achieve sales and promote product movement. It is expected that the demand for business banquets, corporate annual meetings, family gatherings, and gifts among friends and relatives will remain relatively strong. In the period leading up to and after the Spring Festival, industry sales are expected to improve compared to the second half of 2024, and the fundamentals and performances of Jiangsu King's Luck Brewery Joint-Stock are also likely to show improvement. In the short to medium term, to seize the window period for precise cultivation in the province, it is relatively more important for the company to enhance its market share and expand its market coverage, especially considering the trend of intensified industry competition.
Jiangsu King's Luck Brewery Joint-Stock (603369): The goal combines pragmatism and ambition, unwaveringly committed to meticulous cultivation and reaching the peak.
Event Overview: In November 2024, the company held an investor communication event to discuss aspects such as the 25-year Operation plan, the company's Global Strategy direction, product strategy, regional market strategy, fundamental conditions, and channel construction. Analysis to determine:
Research reports on investment opportunities丨Central china: Jiangsu king's luck brewery joint-stock revenue growth has significantly slowed, downgrading the company's rating to 'cautious shareholding'.
The research report from central china points out that the income growth of jiangsu king's luck brewery joint-stock (603369.SH) has slowed significantly. In the third quarter of 2024, the company achieved revenue of 2.636 billion yuan, indicating a year-on-year growth of 10.12%, with growth rates narrowing by 17.92 and 11.4 percentage points year-on-year and quarter-on-quarter respectively. Since 2024, the company's revenue growth rate has slowed: from the mid-term situation, the sales growth in the provincial and out-of-province markets has dropped by 6.27 and 4.05 percentage points respectively; additionally, the sales growth of Special A and A-grade baijiu has decreased by 10.81 and 14.02 percentage points respectively, while the sales growth of mid-to-high-end baijiu is declining.
Jiangsu king's luck brewery joint-stock (603369): Market growth slowdown drags down profit decline.
Key investment points: Revenue growth has slowed significantly. In the third quarter of 2024, the company achieved revenue of 2.636 billion yuan, a year-on-year increase of 10.12%, with the growth rate narrowing by 17.92 and 11.4 percentage points year-on-year and quarter-on-quarter, respectively.
Express News | Jiangsu King's Luck Brewery Joint-stock: Next year's operational goals are currently being formulated, and it is expected that the end sales during the Spring Festival will accelerate.