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14只白酒股上涨贵州茅台1422.08元/股收盘
Xin Lang Cai Jing· 2025-08-15 09:02
从个股来看,贵州茅台收盘价达1422.08元/股,下跌0.34%;五粮液收盘价达123.10元/股,上涨0.21%;山西汾酒收盘价达188.58元/股,上涨0.66%;泸州老窖收盘价达124.70元/股, 华创证券也在研报中表示,白酒中长期配置价值凸显,龙头企业凭借品牌护城河与渠道优势,在行业调整期展现出更强的抗风险能力。 北京商报讯(记者 刘一博 冯若男)8月15日尾盘,三大指数集体上涨,沪指3696.77点上涨0.83%。白酒板块2240.84点收盘上涨1.13% ,其中14只白酒股上涨。 ...
吃喝板块绝地反击!食品ETF(515710)拉升翻红,标的指数估值仍处底部!机构:白酒或已具备长期投资价值
Xin Lang Ji Jin· 2025-08-15 06:05
Group 1 - The food and beverage sector showed a rebound in the afternoon, with the Food ETF (515710) rising by 0.33% after a period of low volatility in the morning [1] - Major consumer goods stocks led the gains, with notable performances from liquor companies, including Angel Yeast surging over 7% and Yanjinpuzi rising over 4% [1] - The overall inventory pressure in the liquor industry is highlighted, with the total inventory of A-share listed liquor companies reaching 168.39 billion yuan by the end of 2024, a year-on-year increase of 12.9% [1][3] Group 2 - Despite a recent market rally, the food and beverage sector remains at a low valuation, presenting a potential opportunity for investment [3] - The current price-to-earnings ratio of the Food ETF (515710) is 19.96, which is at the 4.51% percentile of the past decade, indicating a favorable long-term investment value [3] - The white liquor sector faced significant challenges in Q2 due to the ongoing impact of the "drinking ban," leading to increased inventory levels and a downtrend in the short-term fundamentals [4] Group 3 - The Food ETF (515710) tracks the China Securities Index's segmented food and beverage industry index, with approximately 60% of its holdings in leading high-end and mid-range liquor stocks [5] - The top ten weighted stocks in the ETF include major brands such as Moutai, Wuliangye, and Yili, indicating a strong focus on established market leaders [5] - The upcoming launch of a new high-end beer by Xianlin Ecological Brewery, a subsidiary of Wuliangye, is seen as a strategic move to explore new market segments amid competitive pressures in the liquor industry [1][4]
2025年度山西省品牌价值评价信息发布会在太原召开
Xin Lang Cai Jing· 2025-08-15 04:17
山西省品促会会长孙跃进作了题为《守正创新 砥砺前行 不断开创山西商标品牌标准化建设新局面》的 报告。他指出,山西省品促会自成立以来,坚持党建引领,将政治优势转化为品牌发展优势;坚持价值 导向,努力做好品牌发布工作,打造更多叫得响的品牌;坚持守正创新,持续推动我省中小企业打造品 质卓越、特色鲜明的中国品牌;坚持服务至上,为会员提供全方位服务,助力企业品牌建设;坚持品牌 传播,通过品牌传播联盟宣传企业,提高企业知名度;坚持强化自身建设,为省品促会高质量发展提供 保障。他强调,省品促会将以品牌标准化推动市场规则统一,以品牌竞争公平性保障市场竞争公平性, 以品牌国际化倒逼国内统一大市场建设让品牌力量成为综合治理"内卷式"循环的重要支撑。 | 3 | 临县红枣产业服务中心 | 789 | 487895.53 | | --- | --- | --- | --- | | 4 | 山西中德投资集团有限公司 | 799 | 271927.65 | | 5 | 山西省工程机械有限公司 | 751 | 22264.83 | | 6 | 山西永鑫能源集团有限公司 | 753 | 207593.73 | | 7 | 国药集团威奇达药业 ...
即时零售“卷”向高端白酒 价格体系巨震
Nan Fang Du Shi Bao· 2025-08-14 23:21
Core Insights - The white liquor market is experiencing a price decline across various brands, with significant adjustments in retail pricing due to the introduction of new sales channels and promotional strategies [5][15][17] - Instant retail platforms are contributing to lower average prices, with many high-end products being sold at prices significantly below traditional retail channels [6][9][10] Price Trends - The average price of Feitian Moutai has dropped to approximately 2134.43 yuan, down from 2367 yuan in the previous period, with online prices as low as 1890 yuan on certain platforms [6][7] - The average price of Wuliangye's eighth generation has decreased to 953.1 yuan, down from 1054 yuan, reflecting a decline of 9.57% [16] - The average price of Guojiao 1573 has also seen a reduction, with current prices around 982.61 yuan, indicating a downward trend in the high-end liquor segment [10][12] Market Adjustments - The introduction of new retail channels, particularly instant retail platforms, has led to a more accurate reflection of market prices, with many products seeing a significant drop in their average prices [5][17] - The inclusion of Foshan in the pricing statistics has highlighted its status as a key market for liquor consumption, with average prices for high-end products like Feitian Moutai reaching around 2320.94 yuan [12][13] Product-Specific Changes - The average price of Dream Blue M6+ is reported at 708.46 yuan, with online prices being lower than offline prices, indicating a shift in consumer purchasing behavior [10][11] - The average price of the ancient well liquor, Gu 20, has decreased to 597 yuan, down from 660 yuan, showing a notable price adjustment in the mid-range segment [7][16] Consumer Behavior - The shift towards instant retail platforms is changing consumer purchasing patterns, with many consumers opting for lower-priced options available online [6][17] - The overall market dynamics are being influenced by promotional activities and discounts offered by instant retail platforms, leading to a more competitive pricing environment [5][15]
食品饮料行业2025年中报业绩前瞻
Changjiang Securities· 2025-08-14 14:14
Investment Rating - The investment rating for the food and beverage industry is "Positive" and maintained [10] Core Insights - The liquor industry is undergoing adjustments, with leading brands in high-end and regional segments remaining relatively stable. The industry is currently in a phase of active destocking, with expectations of demand recovery as macroeconomic conditions improve. High-end brands such as Kweichow Moutai and Wuliangye are recommended [5][18] - The yellow wine sector is entering a new price increase cycle, with significant concentration in the market. Leading brands are collaborating strategically and expanding into new markets, particularly focusing on high-end product lines [6][19] - The mass consumer goods segment is facing pressure from the restaurant chain demand, but certain sub-sectors like dairy products and condiments show promising growth potential. The dairy sector is expected to stabilize with the introduction of child-rearing subsidies, while condiment companies are managing inventory pressures effectively [7][22][24] Summary by Sections Liquor Industry - The liquor industry is currently in a destocking phase, with a short-term impact from policy changes. However, the demand structure differs from previous cycles, and recovery is anticipated as consumer confidence improves. High-end brands are expected to perform well, with Kweichow Moutai projected to achieve a 7% revenue growth in Q2 2025 [5][18] - The yellow wine market has seen a significant increase in concentration, with the top three brands holding approximately 43% market share as of 2023. Price increases are expected for key products, with brands like Kuaijishan actively promoting high-end offerings [6][19] Mass Consumer Goods - The dairy sector is experiencing a slight decline in production, but demand is showing signs of improvement. The introduction of a national child-rearing subsidy is expected to enhance long-term demand for dairy products [7][22] - The condiment industry is managing inventory pressures better than in previous years, with leading companies expected to achieve stable growth despite short-term challenges. Key players include Haitian Flavoring and Qianhe Flavoring [24] - The beer sector is facing challenges in the on-premise consumption channel, but companies are adapting by exploring new retail channels. Qingdao Beer and Yanjing Beer are highlighted as key recommendations [25][27] Restaurant Supply Chain - The restaurant supply chain is entering a new normal with stable demand. The total revenue for the restaurant sector in the first half of 2025 reached 27,480 billion yuan, reflecting a year-on-year growth of 4.3%. Companies are seeking new channels for growth, with recommendations for Guoquan and Lihai Foods [8][28] Key Individual Stocks - Kweichow Moutai is expected to maintain a strong market position with a projected revenue of 396.5 billion yuan in Q2 2025, reflecting a 7.26% year-on-year increase [31] - Wuliangye is anticipated to outperform the industry average, with revenue and profit growth expected to remain positive [31] - Yili Group is projected to achieve a revenue growth of around 8% in Q2 2025, benefiting from a favorable inventory situation [39]
白酒板块8月投资策略:中报预计集中反应需求压力,8月以来政策影响边际减弱
Guoxin Securities· 2025-08-14 09:19
zhangxiangwei@guosen.com.cn S0980523090001 zhangweiai@guosen.com.cn 2025年8月14日 证券研究报告 | 白酒板块8月投资策略 中报预计集中反应需求压力,8月以来政策影响边际减弱 行业研究·行业专题 食品饮料·白 酒 投资评级:优于大市 证券分析师:张向伟 证券分析师:张未艾 S0980525070005 请务必阅读正文之后的免责声明及其项下所有内容 核心观点 ◼外部积极因素逐渐增加,8月以来白酒动销逐步改善。受政策影响第二季度白酒消费场景减少较多,主流产品动销下滑幅度较大。7月以 来各地执行政策更加注重方式方法,8月后正常的个人自饮、亲朋聚饮、升学宴等大众宴席有所修复,终端动销和消费者开瓶数据边际好转。 虽然当前政商务场景还需时间恢复,但我们判断行业动销最差的阶段已经度过,中秋国庆可适当乐观,预计整体动销下滑幅度较Q2收窄。 ◼茅台中报业绩展现韧性,也反映需求压力下白酒企业更加注重市场秩序维护。动销端看,2025Q2在需求较大压力下主流产品出货量明显 减少,酒企以份额为先、批价亦有所下降,当前飞天茅台批价1885元,普五、高度国窖下降至发 ...
山西汾酒起诉山西杏花村酒业侵害商标权
Xin Lang Cai Jing· 2025-08-14 08:12
企查查APP显示,近日,山西汾酒(600809)新增一则开庭公告,案由为"侵害商标权",原告为山西汾 酒,被告为山西杏花村酒业股份有限公司。企查查信息显示,山西汾酒成立于1985年12月,法定代表人 为袁清茂,注册资本约12.2亿,竹叶青关联公司山西杏花村汾酒集团有限责任公司为该公司大股东。山 西杏花村酒业股份有限公司成立于2013年2月,法定代表人为王小芬,注册资本为1000万元,由山西甲 客传媒有限公司等共同持股。 ...
白酒板块午盘微涨贵州茅台上涨0.7%
Xin Lang Cai Jing· 2025-08-14 06:05
北京商报讯(记者 刘一博 冯若男)8月14日早盘,沪指3690.88点上涨0.20%。白酒板块以2231.73点收盘上涨0.06%,其中17只白酒股上涨,酒鬼酒3.24%领涨白酒股。 从个股来看,贵州茅台收盘价达1430.04元/股,上涨0.70%;五粮液收盘价达123.46元/股,上涨0.22%;山西汾酒收盘价达188.95元/股,上涨0.46%;泸州老窖收盘价达125.80元/股, 国泰海通证券在其研报中指出,库存周期本质是供给和需求侧的再均衡, 从微观结构上看,寻底需要依次经过库存底, 业绩底和渠道利润底, 从顺序上看, 渠道底>业绩底>库存底,我们当 ...
白酒板块午盘微涨 贵州茅台上涨0.7%
Bei Jing Shang Bao· 2025-08-14 05:37
国泰海通证券在其研报中指出,库存周期本质是供给和需求侧的再均衡, 从微观结构上看,寻底需要 依次经过库存底, 业绩底和渠道利润底, 从顺序上看, 渠道底>业绩底>库存底,我们当下处于渠道 底, 正迈向业绩底和库存底, 预判产业在 2026 年有较大概率先后完成业绩底和库存底的确认, 板块 分子端压力有望得到充分释放, 对于捕捉股价拐点而言, 高端白酒的商品价格或更具有指导性。 北京商报讯(记者 刘一博 冯若男)8月14日早盘,沪指3690.88点上涨0.20%。白酒板块以2231.73点收 盘上涨0.06%,其中17只白酒股上涨,酒鬼酒3.24%领涨白酒股。 从个股来看,贵州茅台收盘价达1430.04元/股,上涨0.70%;五粮液收盘价达123.46元/股,上涨0.22%; 山西汾酒收盘价达188.95元/股,上涨0.46%;泸州老窖收盘价达125.80元/股,上涨0.03%;洋河股份收 盘价达70.25元/股,上涨1.99%。 ...
山西汾酒:投资者建议用机器人生产白酒,董秘表示感谢关注
Xin Lang Cai Jing· 2025-08-13 10:33
投资者提问: 请问公司利用宇数机器人参与公司白酒生产了吗?如果没有,作为股东强烈建议利用机器人生产白酒,打造一流白酒品牌 董秘回答(山西汾酒SH600809): 免责声明:本信息由新浪财经从公开信息中摘录,不构成任何投资建议;新浪财经不保证数据的准确性,内容仅供参考。 尊敬的投资者,您好!感谢您对公司的关注和建议。 查看更多董秘问答>> ...