According to a report from brokerage China, data from the two platforms of “Fujijiangjiu” and “Today’s Liquor Price” show that on March 25 and 26, the prices of all kinds of Moutai fell sharply across the board, and scattered from 3000+ to 2600 in 22 years. The price has only taken less than half a year, and it has dropped by 200 yuan/bottle in the past week, and has dropped by 110 yuan/bottle in the past two days; the original box has dropped by 180 yuan/bottle in the past two days, and the price has come to 2750 Yuan/bottle; other zodiac wines and vintage wines all plummeted, of which the fifteen-year-old wine plummeted by 400 yuan/bottle in two days.
As the price of Moutai fell sharply across the board, it had an adverse impact on the share price of Kweichow Moutai and the liquor sector. At the opening on March 28, the share price of Kweichow Moutai (600519.SH) gapped down and fell below 1,700 yuan, and fell more than 5% during the session. Wuliangye (000858.SZ) closed at 151.20 yuan per share, falling below March 16. The low point, another new low for the year, Luzhou Laojiao (000568.SZ) fell below 190 yuan and fell nearly 7% intraday. Second-tier liquor also performed poorly. Jiuguijiu (000799.SZ) announced that it exceeded expectations in 2022. After the operating results in February, the rebound on March 10th and 11th continued to sell for two days. At present, there are three consecutive yin, and it is only one step away from the previous low of 140.01 yuan!
After the market, Jiuguijiu replied to investors on the interactive platform today that the company’s current sales situation is normal, and the company will track the terminal inventory in a timely manner to ensure healthy growth in performance. The reporter inquired that Jiuguijiu (000799) issued an announcement on January 19 that the net profit in 2021 is expected to be 880 million yuan to 950 million yuan, a year-on-year increase of 79%-93.24%.
The agency generally predicted that the performance would be 930 million, and the overall performance was in line with expectations. In addition, in the January-February 2022 business situation announced on March 11, it was pointed out that after preliminary accounting, the company expects to achieve a total operating volume in January-February 2022. The revenue is about 1.4 billion yuan, an increase of about 120% over the same period last year; it is expected to achieve a net profit of about 465 million yuan attributable to shareholders of the listed company, an increase of about 130% over the same period last year.
The Huaxi Securities Research Report believes that the strong performance growth of Jiuguijiu Company from January to February exceeded our expectations and achieved an exciting start.
Jiuguijiu is the leader of fragrant liquor, and the follow-up stock price performance will be continuously tracked by Yinshi Finance and Economics reporters!
(Editor in charge: Ma Xin)
