000596 Anhui Gujing Distillery
- 267.15
- +3.47+1.32%
Anhui Gujing Distillery News
Gujing Gongjiu (000596): A good start in '24, cashed in with impressive quarterly profits
Incidents. The company released the 2023 annual report and the 2024 quarterly report: in 23, the company achieved total operating revenue of 20.054 billion yuan, +21.2% year-on-year, and net profit of 4.589 billion yuan, +46.0% year-on-year;
Furui Gongjiu (000596): Nationalization and sub-high-end strategies are progressing smoothly, and cost optimization is expected to continue to contribute to profit flexibility
[Performance] In 2023, the company's revenue/net profit to mother was 202.54/4.589 billion yuan (YoY +21.18%/+46.01%); 2024Q1's revenue/net profit to mother was 82, respectively
The brewing sector declined, and Gujing Gongjiu fell more than 5%
The winemaking sector declined. As of press release, Gujing Gongjiu had fallen by more than 5%, while Luzhou Laojiao, Liquor, and Wuliangye had declined.
Liquor stocks fluctuated and weakened in early trading, and Gujing Gongjiu fell nearly 5%
Liquor stocks fluctuated and weakened in early trading. Gujing Gongjiu fell nearly 5%, Luzhou Laojiao fell more than 3%, and alcoholic liquor, Wuliangye, and Kweichow Moutai fell more than 2%.
Ping An Securities: Liquor competition in the stock era will shift to parallel channels and brands
For wine companies, execution and innovation are core competencies. At the same time, in the era of stocks, competition for liquor will shift to parallel channels and brands.
Liquor stocks generally recovered. Yingjiagongjiu, Shuijingfang, and Shede Liquor all fell by more than 2%, while Gujing Gongjiu and Yanghe shares fell more than 1%.
Liquor stocks generally recovered. Yingjiagongjiu, Shuijingfang, and Shede Liquor all fell by more than 2%, while Gujing Gongjiu and Yanghe shares fell more than 1%.
Furujing Gongjiu (000596): Breaking through 20 billion and moving towards a new journey of 30 billion
Incident The company released its 2023 annual report and 2024 quarterly report, and achieved revenue/net profit attributable to mother/ net profit of 202.54/45.89/4.495 billion yuan in 2023, +21.1 billion yuan compared to the previous year
The 2024 Chinese Poetry Conference arrives as scheduled to kick off a poetic spring with Gujing Gongjiu
At the beginning of spring, Vientiane was renewed. The “2024 Chinese Poetry Conference”, exclusively titled Gujing Gongjiu · Vintage Puree Gu 20, will be broadcast on CCTV-1 on March 10. Gujing Gongjiu · Vintage Puree Gu 20 once again joined hands with the “2024 Chinese Poetry Conference” to “appreciate Chinese poetry, find cultural genes, and enjoy the beauty of life” when the world returns to spring. When romantic “Chinese poetry” once again meets fragrant “Chinese wine,” how will it show the world the beauty of traditional Chinese culture? “A Thousand-Year Old Well” continues to join hands with the “Chinese Poetry Conference” to officially launch the “Chinese Poetry Conference” in 2016. It was the first CCTV publication
Gujing Gongjiu (000596): Revenue increased 26% in the first quarter and continued to grow steadily in 2024
Revenue successfully broke through $20 billion in 2023, and the logic of increasing net interest rates continued to be implemented. In 2023, annual puree revenue was +27.3% (volume +20.6%, price +5.6%), benefiting significantly from compensatory consumption of banquets in the province
Furujing Gongjiu (000596): Excellent 24Q1 report quality, moving towards a new journey of 30 billion dollars
Key investment events: FY23/23Q4/24Q1 The company achieved revenue of 202.54/43.01/8.286 billion yuan, +21.18%/+8.92%/+25.85% year-on-year; achieved return to mother
Gujing Gongjiu (000596) Company Information Update Report: Strong Growth Momentum, Profit Flexibility Release
The product structure continues to improve, and the internal and external markets of the province have good growth potential. Maintaining the “increase in holdings” rating, Gujing Gongjiu achieved revenue of 20.05 billion yuan in 2023, +21.2% year-on-year; achieved net profit of 4.589 billion yuan, compared to the same period last year
Gujing Gongjiu (000596): The annual volume price of puree volume price and gross profit of three liters of sales expenses continued to decline
Event: The company released its 2023 annual report and 2024 quarterly report. 2023 revenue of 20.5 billion yuan, +21.2% year on year, net profit attributable to mother of 4.59 billion yuan, +46.0% year over year, not attributable to mother
Furujing Gongjiu (000596): Successfully surpassed double tens of billion dollars in profit flexibility and continued to be realized
Event: The company released its 2023 annual report and 2024 quarterly report. 1) In 2023, we achieved revenue of 20.05 billion yuan, +21.2% year-on-year, and net profit of 4.59 billion yuan to mother, +46.0% year-on-year. 2) 2
Gujing Gongjiu (000596): Simultaneous increase in the province and the release of profits in progress
Incident 1: The company released its 2023 annual report. In 2023, the company achieved operating income of 20.054 billion yuan, an increase of 21.18% over the previous year, and realized net profit of 4.589 billion yuan, an increase of 46.01% over the previous year. Thing
Gujing Gongjiu (000596): Improved structure, improved cost efficiency, and steady progress to double 10 billion
Incident: The company released its 2023 annual report and 2024 quarterly report. The company achieved revenue/net profit of 20.54/4.589 billion yuan for the full year of '23, +21.18%/+46.01% year-on-year; of these
Gujing Gongjiu (000596): Successful completion of annual tasks in 23 years, high-quality development can be expected in 24 years
Description of the incident: The company announced its 2023 annual report, achieving operating revenue of 20.054 billion yuan, an increase of 21.2% over the previous year, and realized net profit of 4.589 billion yuan, an increase of 46.01% over the previous year; of these, 23Q4 achieved operating results
Furujing Gongjiu (000596): High quality completion and continuous release of profit flexibility of double 10 billion dollars
Incident: The company released its 2023 annual report and 2024 quarterly report. In 2023, it achieved revenue of 20.05 billion yuan, an increase of 21.2% over the previous year; achieved net profit of 4.589 billion yuan, an increase of 46.0 billion yuan over the previous year
Gujing Gongjiu (000596): Good start, impressive performance, acceleration of expansion outside the province
Incident: The company released its annual report for 23 years and a quarterly report. The company's revenue for 23 years was 20.05 billion yuan (+21%, year-on-year data, same below), and net profit to mother was 4.589 billion yuan (+46%). 23Q4 revenue of 4.301 billion (
Furujing Gongjiu (000596): Continued profit release due to rate and structural optimization
Investment advice: maintain the “gain” rating, revise the 2024-2025 profit forecast based on the company's 2023Q4 and 2024Q1 performance, and increase the 2026 profit forecast, which is expected to be 2024-2
Furujing Gongjiu (000596): Starting with double 10 billion dollars, Q1 profits continue to increase their high potential
Incident: The 2023 Report and 2024 Quarterly Report were released on January 27th [E_S2U0m23mARY4]. In '23, the company achieved revenue of 20.054 billion yuan, +21.18% year-on-year
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