(编辑：林辰)关键字： 白酒 金徽酒 按地区分，前三季度省内地区收入16.89亿元，同比下滑2.00%，占酒类营收比例76.01%。省外地区收入 5.33亿元，同比降低2.46%，占酒类营收比例23.99%。 按渠道分，前三季度经销商渠道收入20.93亿元，同比减少2.74%，占酒类营收比例94.17%。互联网销售 渠道收入0.73亿元，同比上涨25.22%，占酒类营收比例3.28%。直销（含团购）收入0.57亿元，同比降 低6.06%，占酒类营收比例2.54%。 （企业公告） 10月24日，金徽酒发布2025年前三季度财报。披露公司前三季度营收同比下滑0.97%至23.06亿元，归属 净利润减少2.78%至3.24亿元。 另据经营数据公告，前三季度300元以上产品收入5.37亿元，同比上涨13.75%，占酒类营收比例 24.19%。100-300元产品收入12.28亿元，同比增加2.36%，占酒类营收比例55.24%100元以下产品4.57亿 元，同比下滑23.60%，占酒类营收比例20.57% ...

格隆汇10月24日丨金徽酒(603919.SH)公布，公司第三季度实现营业收入5.46亿元，同比下降4.89%；归 属于上市公司股东的净利润2550万元，同比下降33.02%；归属于上市公司股东的扣除非经常性损益的 净利润2875.9万元，同比下降18.87%；基本每股收益0.05元。 ...

每经AI快讯，金徽酒（SH 603919，收盘价：19.8元）10月24日晚间发布公告称，公司第五届第七次董 事会会议于2025年10月24日在公司会议室以现场与通讯相结合的方式召开。会议审议了《关于审议 <金 徽酒股份有限公司2025年第三季度报告> 的议案》等文件。 每经头条（nbdtoutiao）——中国创新药，今年海外授权已卖出800亿美元！对话创东方投资合伙人卢 刚：生物医药二级市场火热，一级市场为何募资遇冷？ （记者 王晓波） 2024年1至12月份，金徽酒的营业收入构成为：食品制造业占比96.05%，其他业务占比3.95%。 截至发稿，金徽酒市值为100亿元。 ...

2025 年第三季度报告 证券代码：603919 证券简称：金徽酒 金徽酒股份有限公司 2025 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、 误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信 息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 1 / 15 2025 年第三季度报告 一、主要财务数据 （一）主要会计数据和财务指标 注："本报告期"指本季度初至本季度末 3 个月期间，下同。 2 / 15 单位：元 币种：人民币 项目 本报告期 本报告期比上年同期 增减变动幅度(%) 年初至报告期末 年初至报告期末比上年 同期增减变动幅度(%) 营业收入 546,160,089.97 -4.89 2,305,617,669.83 -0.97 利润总额 39,166,215.01 -7.02 423,515,271.6 ...

金徽酒公告，第三季度营收为5.46亿元，同比下降4.89%；净利润为2549.99万元，同比下降33.02%。前 三季度营收为23.06亿元，同比下降0.97%；净利润为3.24亿元，同比下降2.78%。 ...

Investment Rating - The industry rating is maintained as "Outperform the Market" [6] Core Views - The food and beverage sector showed a slight increase of +0.86% from October 13 to October 17, outperforming the Shanghai Composite Index, which decreased by -1.47%, and the CSI 300 Index, which fell by -2.22% [21] - The report highlights a mixed performance across sub-sectors, with other alcoholic beverages leading with a +3.62% increase, while soft drinks experienced a significant decline of -5.19% [21] - The report emphasizes the importance of performance catalysts in the liquor sector, particularly in the context of the recent Autumn Sugar and Wine Fair, where feedback was relatively subdued [2][13] Summary by Sections Weekly Market Review - The liquor sector, particularly baijiu, showed a +1.78% increase, outperforming the overall food and beverage sector [2][13] - The report notes a cautious sentiment among distributors, with a focus on cost-effective products gaining attention [2][13] Investment Recommendations - For the baijiu sector, three main lines of recommendation include strong beta stocks like JiuGuiJiu and Shuidao, value recovery concepts like YingJiaGongJiu, and strong alpha stocks like Shanxi Fenjiu and Guizhou Moutai [20] - In the broader consumer goods sector, recommended stocks include DongPeng Beverage and NongFu Spring, focusing on performance elasticity and potential cost benefits [20] Sector Performance - The report details the performance of various sub-sectors, with notable increases in other alcoholic beverages and health products, while soft drinks and meat products faced declines [21] - The report also provides insights into the valuation metrics, indicating that the baijiu sector's PE-TTM is at 18.94X, which is considered low compared to historical averages [13][30]

从资金流向上来看，当日白酒板块主力资金净流出1.88亿元，游资资金净流入1991.9万元，散户资金净流 入1.68亿元。白酒板块个股资金流向见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600702 | 舍得酒业 | 62.68 | 0.51% | 8.39万 | 5.29亿 | | 000568 | 泸州老窖 | 134.67 | 0.34% | 5.62万 | 7.57亿 | | 000860 | 顺鑫农业 | 15.64 | 0.13% | 4.90万 | 7671.53万 | | 685580 | 口子警 | 32.89 | -0.03% | 2.01万 | 6603.27万 | | 661009 | 金种子酒 | 10.37 | -0.10% | 4.71万 | 4896.86万 | | 002646 | 天佑德酒 | 9.79 | -0.10% | 4.36万 | 4275.16万 | | 600559 | 老白干酒 | 16.90 | -0.18% | 5.99万 | ...

招商证券在其研报中指出，通过公司与渠道交流，25年双节旺季白酒动销下滑整体符合预期，头部品牌 下滑幅度略好于行业平均水平，飞天、普五等大单品价盘回落后性价比突出，行业集中度进一步提升。 北京商报讯（记者 刘一博 冯若男）10月22日尾盘，沪指3913点下跌0.07%。白酒板块2295.12点收盘下 跌0.16% ，其中17只白酒股下跌，金徽酒1.87%领跌白酒股。 从个股来看，贵州茅台收盘价达1458.70元/股，下跌0.24%；五粮液收盘价达120.10元/股，下跌0.35%； 山西汾酒收盘价达188.31元/股，下跌0.74%；泸州老窖收盘价134.67元/股，上涨0.34%；洋河股份收盘 价达69.72元/股，下跌0.33%。 ...

Core Viewpoint - The stock price of Jinhuijiu has experienced fluctuations, with a recent decline of 2.02% and a year-to-date increase of 3.98%, indicating mixed performance in the market [1][2]. Company Overview - Jinhuijiu Co., Ltd. is located in Huixian, Longnan City, Gansu Province, established on December 23, 2009, and listed on March 10, 2016. The company specializes in the production and sales of liquor [2]. - The main business revenue composition is as follows: 55.10% from products priced between 100-300 yuan, 21.62% from products priced above 300 yuan, and 20.82% from products priced below 100 yuan [2]. Financial Performance - For the first half of 2025, Jinhuijiu achieved an operating income of 1.759 billion yuan, a year-on-year increase of 0.31%, and a net profit attributable to shareholders of 298 million yuan, a year-on-year increase of 1.12% [2]. - Since its A-share listing, Jinhuijiu has distributed a total of 1.168 billion yuan in dividends, with 598 million yuan distributed over the past three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders of Jinhuijiu is 44,500, a decrease of 7.68% from the previous period, with an average of 11,408 circulating shares per person, an increase of 8.32% [2]. - Among the top ten circulating shareholders, the China Securities White Wine Index A (161725) ranks as the sixth largest, holding 20.9613 million shares, an increase of 6.4165 million shares compared to the previous period [3]. Market Activity - On October 22, Jinhuijiu's stock price was reported at 19.87 yuan per share, with a trading volume of 62.0491 million yuan and a turnover rate of 0.61%, resulting in a total market capitalization of 10.079 billion yuan [1]. - The net outflow of main funds was 6.2274 million yuan, with large orders buying 4.2784 million yuan (6.90% of total) and selling 10.5058 million yuan (16.93% of total) [1].

隔夜美股市场，"人造肉第一股"Beyond Meat股价大幅飙涨，盘中一度涨超160%，近3三个交易日暴涨 近600%。 人造肉概念22日盘中强势拉升，截至发稿，索宝蛋白、双塔食品涨停，东宝生物、好想你涨约6%，山 东赫达涨超3%。 Beyond Meat表示，沃尔玛将成为首批提供新款Beyond Burger 6包装的全国零售商之一，该包装以经济 装形式推出公司最新配方的汉堡。扩大分销的产品将包括三种关键产品：Beyond Burger 6包装、Beyond 鸡肉块和韩式烧烤风味Beyond牛排。 消息面上，Beyond Meat周二宣布计划在美国境内超过2000家沃尔玛门店增加部分产品的供应。 ...