11只白酒股下跌 贵州茅台1435元/股收盘

Core Viewpoint - The liquor sector is experiencing a decline in stock prices, with major companies like Kweichow Moutai and Wuliangye seeing decreases, while the overall cash flow situation for distributors is gradually improving despite lower order volumes [1] Industry Summary - The Shanghai Composite Index closed at 3828.11 points, down 0.65%, with the liquor sector index at 2239.12 points, down 0.41% [1] - Eleven liquor stocks reported declines, including Kweichow Moutai at 1435.00 CNY per share (down 0.28%), Wuliangye at 120.17 CNY (down 1.11%), Shanxi Fenjiu at 191.16 CNY (down 0.64%), Luzhou Laojiao at 127.58 CNY (down 1.45%), and Yanghe Brewery at 67.95 CNY (down 0.59%) [1] Company Summary - Huachuang Food and Beverage's report indicates that while liquor companies are facing damaged financial statements, they are focusing on maintaining channel ecosystems and are not aggressively pushing inventory [1] - Companies are easing the pressure on cash flow by slowing down the collection of payments, which reduces the financial burden on distributors [1] - Distributors are managing cash flow more cautiously, cleaning up accounts receivable from end customers, and requiring cash payments for purchases, leading to a gradual improvement in cash flow [1]