600702 Shede Spirits
- 73.14
- -1.24-1.67%
Shede Spirits News
Shede Liquor (600702): The product structure is slightly pressurized and the cost-efficiency ratio is improving, showing initial results
Incident: The company released its 2024 quarterly report. In the first quarter of 2024, the company achieved total operating revenue of 2.05 billion yuan, +4.13% year over year; realized net profit of 550 million yuan, -3.35% year over year; achieved deduction of non-payment
Shede Liquor (600702): Mid-range products continue to perform well on the revenue side in line with expectations
[Performance] 2024Q1's operating revenue/net profit to mother was 21.05 billion yuan (+4.13%/-3.35% YoY), respectively. [Dividend Rate] According to previous annual reports, the dividend rate will be from '22
Shede Liquor (600702): Steady revenue growth is expected to recover in business demand
Incident: The company released its 2024 quarterly report. 2024Q1 achieved operating income of 2.05 billion yuan, a year-on-year increase of 4.13%; net profit to mother of 550 million yuan, a year-on-year decrease of 3.35%; deducted non-net profit of 5.4
Shede Liquor (600702): Continued growth in 24Q1, Tuopai contributed to growth momentum
The company released its 2024 quarterly report. 24Q1 achieved revenue of 2.11 billion yuan, +4.1% year over year, and realized net profit of 550 million yuan to mother, -3.4% year over year. Revenue continues to grow, and Tuopai is expected to perform better. 2
Minsheng Securities released a research report on April 27 stating that it gave Shede Liquor (600702.SH) a recommended rating. The main reasons for the rating include: 1) demand scenarios continue to be fragmented and the base market is stable; 2) gross m
Minsheng Securities released a research report on April 27 stating that it gave Shede Liquor (600702.SH) a recommended rating. The main reasons for the rating include: 1) demand scenarios continue to be fragmented and the base market is stable; 2) gross margin drags down profit performance, making savings on the cost side; 3) clear strategic thinking and energy for long-term high-quality development. (Mainichi Keizai Shimbun)
Shede Liquor (600702): Stable income, focus on product regions
Incident: The company released its 2024 quarterly report. 2024Q1 achieved revenue of 2.11 billion yuan, +4.1% year over year; net profit to mother of 550 million yuan, -3.4% year over year. 24Q1 revenue was stable, and the province was steady
Shede Liquor (600702): Building a solid foundation and striving for progress
Revenue performance was in line with expectations. Popular price products and the provincial market remained steady, maintaining the “increase” rating. Shede Liquor's 2024 Q1 revenue was 2.11 billion yuan, +4.1% year-on-year, and net profit to mother was 550 million yuan, year-on-year.
Shede Liquor (600702) 2024 Quarterly Report Review: Short-term profits are under slight pressure, focusing on long-term development
Incident: On April 25, 2024, the company released its 2024 quarterly report. In 24Q1, the company's total revenue was 2.05 billion yuan, +4.13% year-on-year; net profit to mother reached 550 million yuan, -3.3 million yuan year on year
Dongwu Securities released a research report on April 26 stating that it gave Shede Liquor (600702.SH) a purchase rating. The main reasons for the rating include: 1) revenue is in line with expectations, and the structure is under relative pressure; 2) th
Dongwu Securities released a research report on April 26 stating that it gave Shede Liquor (600702.SH) a purchase rating. The main reasons for the rating include: 1) revenue is in line with expectations, and the structure is under relative pressure; 2) the structure suppresses gross profit and strives to optimize rates; 3) the promotion of multiple products, the channel movement remains active, and the country expands in depth. (Mainichi Keizai Shimbun)
Shede Liquor (600702): 24Q1 revenue tenacity and flexible tactics
Investment advice: Maintain the “gain” rating and maintain profit forecasts. EPS is expected to be 5.79 yuan, 6.94 yuan, and 8.22 yuan respectively in 2024-2026, and maintain the target price of 127.40 yuan. 2024
Shede Liquor (600702): Revenue side performance is in line with expectations, and the nationalization process is progressing steadily
Incident: The company released its 2024 quarterly report. In 24Q1, it achieved operating income of 2.05 billion yuan, +4.13% year over year, and realized net profit of 550 million yuan to mother, -3.35% year on year. Product side: Benefit from the Spring Festival return
Shede Liquor (600702): Q1 growth is in line with expectations and is expected to develop steadily throughout the year
Core ideas The company released its 2024 quarterly report: achieved revenue of 2.05 billion yuan, +4.13% year over year; realized net profit of 550 million yuan, -3.35% year over year; realized deducted non-net profit of 546 million yuan, same
Shede Liquor (600702): Short-term profit pressure continues to consolidate progress
Incident: The company released its 2024 quarterly report. 2024Q1 achieved revenue of 2.05 billion yuan, +4.13% year over year; net profit to mother of 550 million yuan, -3.35% year over year; deducted non-net profit of 546 million yuan.
Express News | Shede Liquor: Net profit for the first quarter of 2024 decreased by 3.35% year-on-year
Shede Liquor (600702): Steady revenue growth, better performance in the province
Matters: Shede Liquor released its first quarterly report for 2024, achieving operating income of 2.11 billion yuan, an increase of 4.1% year on year; net profit to mother of 550 million yuan, a year-on-year decrease of 3.4%. Ping An's view: Liquor revenue is growing steadily, and the province's performance is better.
Shede Liquor (600702): Stay confident, tenacious, and stick to long-term principles
Incident: In the first quarter of 2024, the company achieved revenue of 2.05 billion yuan, +4.18% year-on-year; net profit to mother was 550 million yuan, -3.37% year-on-year. Comment: The gross margin has declined significantly, and the cost-efficiency ratio has gradually increased. First quarter
Changlu Co., Ltd. (002160.SZ): Shanghai Langmai won the bid for about 121 million yuan for the stainless steel curved frame and curved frame procurement project of Shede Liquor Co., Ltd.
Gelonghui, April 22 | Changlu Co., Ltd. (002160.SZ) announced that recently, Shanghai Langmai Clean Technology Co., Ltd. (“Shanghai Langmai”), a wholly-owned subsidiary of Jiangsu Changlu Aluminum Group Co., Ltd., received a “Notice of Winning Bid” and determined that Shanghai Langmai was the winning bidder for the stainless steel curved frame and curved frame procurement project of Shede Liquor Co., Ltd. The winning bid amount was approximately 121 million yuan.
Are Investors Undervaluing Shede Spirits Co., Ltd. (SHSE:600702) By 47%?
Key Insights Shede Spirits' estimated fair value is CN¥133 based on 2 Stage Free Cash Flow to Equity Shede Spirits' CN¥70.07 share price signals that it might be 47% undervalued The CN¥130 analys
Express News | Tuopai Shede Group and Shede Liquor invest in the establishment of supply chain management companies
As the 2023 shareholders' meeting is about to be held, Shede Liquor (600702) published a thank-you letter to all shareholders through its official WeChat account to set up exclusive preferential benefits to give back to all shareholders. The specific plan
As the 2023 shareholders' meeting is about to be held, Shede Liquor (600702) published a thank-you letter to all shareholders through its official WeChat account to set up exclusive preferential benefits to give back to all shareholders. The specific plan is: Shede Liquor will sell 500ml 54% volx4 Chinese Zodiac Liquor (limited to 100,000 bottles, 4 bottles per box) starting at 598 yuan/bottle at JD Tmall's actual transaction price of 598 yuan/bottle within the quota; the target of the event is for all shareholders holding Shede Liquor shares on the payment date from April 18 to April 30 (
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