CISI FIN: China Resources Beverage (02460) optimizes its production capacity structure, and the gross margin is expected to continue increasing. It is given an initial 'Shareholding' rating.

With the advantages of channels, marketing, and branding, the soft drink line that the company is heavily investing in is expected to gradually become the second growth curve.

Zhitong FinanceMay 12 09:28

[Brokerage Focus] Industrial Securities gives China Resources Beverage (02460) an initial "Shareholding" rating, indicating that the soft drink line is expected to gradually become the second growth curve.

Jinwu Finance News | Industrial Securities' Research Reports indicate that China Resources Beverage (02460) has steadily developed its packaged drinking water Business while continually promoting the growth of its beverage Business. In 2024, the company's revenue from packaged drinking water is expected to decrease by 3% year-on-year to 12.124 billion yuan, accounting for 89.7% of total revenue. Notably, with an active focus on family Consumer channels, the year-on-year growth rate for medium and large-sized bottled water products exceeds 8%. In 2024, the company's revenue from the beverage Business is projected to increase by 31% year-on-year to 0.14 billion yuan, making up 10.3% of total revenue. The sports drink 'Magic' will undergo a brand image transformation in 2024.

Jinwu Financial NewsMay 12 08:58 · Ratings

Expectations for boosting domestic demand strengthen. ANDRE JUICE (02218) rises over 36%, leading beverage stocks.

Jinwu Financial News | ANDRE JUICE (02218) saw a strong rise in share price in the morning, reaching a high of 24.5 HKD, breaking the 52-week high, currently reported at 19.58 HKD, still up 36.35%, with a trading volume of 0.506 billion HKD. In addition, the beverage stock U-PRESID CHINA (00220) rose 8.24%, reported at 9.72 HKD, and China Resources Beverage (02460) rose 1.22%. Soochow stated that as the consumption stimulus policy is implemented, the total revenue of dining enterprises above the designated size may show more obvious month-on-month recovery, and it is recommended to pay attention to the recovery elasticity. Kinetic Securities mentioned that the overall trend of the CSI SWS Food & Beverage index in 2025.

Jinwu Financial NewsMay 9 10:47

Hong Kong beverage stocks collectively strengthened, with NONGFU SPRING rising nearly 8%, and Mixue Group rising over 3%.

On May 6, according to Gelonghui, non-alcoholic beverage stocks in the Hong Kong stock market rallied collectively, with ANDRE JUICE rising over 70%, Chabaidao rising over 18%, NONGFU SPRING rising nearly 8%, China Resources Beverages, Mixue Group, and U-PRESID CHINA rising over 3%, and Guming rising nearly 3%.

Gelonghui FinanceMay 6 14:17

CR BEVERAGE: 2024 Annual Report

HKEXApr 24 16:30 · Announcements

[Brokerage Focus] Sinolink gives China Resources Beverage (02460) an initial "Buy" rating, indicating the company's solid position as a purified water leader.

Jinwu Finance | Sinolink Securities research points out that China Resources Beverage (02460) is listed on the Main Board of the Hong Kong Stock Exchange, raising a total of 5.292 billion yuan in its initial public offering, primarily for capacity construction, channel investment, brand building, and product research and development. According to Euromonitor, the company maintains its position as the second-largest in the packaged water Industry and is currently in a critical period of national expansion and second curve capacity increase, with prospects for future brand and channel resource sharing to achieve a platform layout from water to beverages. The bank indicates that the company's pure water leading position is solid: according to the prospectus, the company ranks first in the fiercely competitive pure water segment with a market share of 32.7%, and its main brand 'Yibao' is strong.

Jingu Financial NewsApr 23 14:16 · Ratings