Sichuan Swellfun (600779): A steady start with an active Global Strategy.
This report introduction: Despite the pressure on Industry demand, the company still achieved positive growth in revenue and profit in Q1 2025. In the future, the company will actively build a dual-brand system with the mid-to-high-end "Sichuan Swellfun" and high-end "Diyifang", while embracing New Retail channels. Investment should.
Sichuan Swellfun (600779): "Dual Brand" Global Strategy makes steady progress.
In 2024, revenue was 5.217 billion yuan (+5.32%); net income attributable to the parent company was 1.341 billion yuan (+5.69%). In Q4 2024, revenue was 1.429 billion yuan (+4.68%); net income attributable to the parent company was 0.216 billion yuan.
Sichuan Swellfun released the 2024 ESG report: leading the sustainable development of the industry through low-carbon transformation across the entire value chain.
On April 29, 2025, Sichuan Swellfun Co., Ltd. (hereinafter referred to as "Sichuan Swellfun") officially released the "2024 Environmental, Social, and Governance (ESG) Report," systematically disclosing the company's strategic planning, practical achievements, and future goals in the fields of environmental responsibility, social responsibility, and corporate governance. As a publicly traded company in the Baijiu(Chinese Liquor) industry in China, this is the fourth ESG report released by Sichuan Swellfun since its first disclosure of the ESG report in 2022. In this report, Sichuan Swellfun actively responds to the national "dual carbon" strategy, formally clarifying the carbon reduction target for 2030; and for the first time adopting the concept of "dual materiality."
Zheshang: In the first quarter of 2025, liquor companies successfully passed the stress test, with top liquor companies showing strong resilience.
In the first quarter of 2025, the revenue of the Baijiu(Chinese Liquor) industry was 153.36 billion yuan, an increase of 1.8% year-on-year. Baijiu companies have smoothly navigated the Spring Festival and are expected to rebound in the future.
Sichuan Swellfun (600779): The first Baijiu(Chinese Liquor) distillery, sailing over heavy mountains.
Looking back at the past: One of the golden flowers of Sichuan liquor, the thorny road, and the path to the revival of Sichuan Swellfun, which was formerly known as one of the eight famous liquors, Quanjing Daqu. It is known alongside Wuliangye Yibin, Luzhou Laojiao, Jian Nan Chun, Lang Jiu, and Tuo Pai Qu Jiu as the six golden flowers of Sichuan liquor. The company was established in 1999.
Sichuan Swellfun (600779): Mid-range products drive growth, overall performance meets expectations.
On April 29, 2025, Sichuan Swellfun announced its 2024 annual report and 2025 first quarter report. Key investment points include steady performance growth and significant expense optimization, with results meeting expectations; Q1 showed overall steady growth. The total revenue for 2024 is...
Sichuan Swellfun (600779): Successfully concluded 2024, steady start in Q1 2025.
Event: The company achieved a revenue of 5.22 billion yuan in 2024, a year-on-year increase of 5.3%, with a net income attributable to the parent company of 1.34 billion yuan, a year-on-year increase of 5.7%; of which, revenue in Q4 of 24 was 1.43 billion yuan, a year-on-year increase of 4.7%, net.
Results: Sichuan Swellfun Co.,Ltd Beat Earnings Expectations And Analysts Now Have New Forecasts
Sichuan Swellfun (600779): The operation situation is stable, and the new channel growth is remarkable.
Performance Review: On April 29, 2025, the company disclosed the 2024 annual report and the 2025 Q1 report. 1) In 2024, revenue reached 5.22 billion yuan, a year-on-year increase of 5.3%; net profit attributable to the parent company was 1.34 billion yuan, a year-on-year increase of 5.7%. 2)
Sichuan Swellfun (600779): Performance is stable and Global Strategy is clear.
In 2024, the company achieved a revenue of 5.22 billion yuan, a year-on-year increase of 5.3%, and a net income of 1.34 billion yuan, a year-on-year increase of 5.7%. Performance shows stable growth, but cash flow is under relative pressure. The downgrade in structure puts pressure on gross profit and expenses.
Sichuan Swellfun (600779): A successful conclusion to 2024, brand upgrading and channel expansion drive growth.
Event: On April 29, 2025, Sichuan Swellfun announced that it achieved a revenue of 5.217 billion yuan in 2024, a year-on-year increase of 5.32%; the net income attributable to the parent reached 1.341 billion yuan, an increase of 5.69% year-on-year.
Mizuijingfang: Mizuijingfang Report for the first quarter of 2025
Mizuijingbo: Mizuijingfang 2024 Annual Report Summary
Mizuijingbo: Mizuijingbo 2024 Annual Report
Mizuijingfang Report for the first quarter of 2025
Mizuijingbo 2024 Annual Report
Mizuijingfang 2024 Annual Report Summary
Shuijing Fang\'s business data announcement for the first quarter of 2025
Sichuan Swellfun (600779.SH): The net income for 2024 is 1.34 billion yuan, an increase of 5.7% year-on-year.
On April 29, Longyuan reported that Sichuan Swellfun (600779.SH) announced its 2024 annual report, stating that the company's revenue was 5.22 billion yuan, an increase of 5.3% year-on-year; the net income attributable to shareholders was 1.34 billion yuan, an increase of 5.7% year-on-year; the net income attributable to shareholders after deducting non-recurring gains and losses was 1.31 billion yuan, an increase of 7.1% year-on-year; the company plans to distribute a cash dividend of 9.7 yuan (including tax) for every 10 shares to all shareholders, with a total distribution amount expected to be 0.47 billion yuan, accounting for 35.06% of the net income attributable to shareholders.
Sichuan Swellfun's revenue surpassed 5 billion in 2024, demonstrating long-term development resilience.
On the evening of April 29, Sichuan Swellfun released its annual report for 2024 and the quarterly report for the first quarter of 2025. In 2024, the annual revenue exceeded 5 billion yuan. According to the report, Sichuan Swellfun achieved revenue of 5.217 billion yuan in 2024, a year-on-year increase of 5.32%; it achieved a net income of 1.341 billion yuan, a year-on-year increase of 5.69%. In the first quarter of 2025, Sichuan Swellfun achieved revenue of 0.959 billion yuan, a year-on-year increase of 2.74%; it achieved a net income of 0.19 billion yuan, a year-on-year increase of 2.15%. In the first quarter of 2025, the company's revenue and net income both experienced growth, continuing the positive trend from 2024.