603043 Guangzhou Restaurant Group
- 18.15
- -0.11-0.60%
Guangzhou Restaurant Group News
Guangzhou Restaurant (603043) 2014 Quarterly Report Review: First-quarter results are in line with expectations, pending channel adjustments and consumption recovery
Core view: Due to weak demand for frozen products on the C-side, the company optimized and adjusted the channel side in Q1, and the quick-frozen business did not improve in the first quarter. Since mid-'23, the company's market value has been deeply adjusted. The current valuation only reflects the actual mooncake single business
Guangzhou Restaurant (603043) Follow-up Review: Significant restoration of catering business, release of food production capacity is expected to drive growth
Performance has grown steadily, and cost rates have been continuously optimized. In 2023, Guangzhou restaurants achieved revenue of 4.901 billion yuan/ +19.17%, and net profit of 550 million yuan/ +5.21%. 2024Q1 Achieving Revenue 10.
Guangzhou Restaurant (603043): 24Q1 results are in line with expectations and are expected to grow steadily throughout the year
Incident Overview: The company released its quarterly report for 2014. In 24Q1, it achieved revenue of 1.01 billion yuan/yoy +10.0%; net profit to mother of 0.7 billion yuan/yoy +2.2%; deducted non-net profit of 70 million yuan/ +1.2%
Product innovation, embracing young people, and the performance of long-established listed restaurants such as Quanjude and Guangzhou restaurants have recovered
Quanjude turned a loss into a profit, Guangzhou restaurants stabilized, and Tongqinglou introduced new products. The three long-established restaurants had a good start in the first quarter of this year, and their revenue growth was over 10% year-on-year.
Guangzhou Restaurant (603043): Catering business continues to grow rapidly, and markets outside the province expand smoothly
Incident: Guangzhou Restaurant released its 2024 quarterly report. In 24Q1, it achieved revenue of 1.01 billion yuan, +10.0% year over year; net profit to mother was 0.7 billion yuan, +2.2% year over year; the first quarter results met market expectations, and revenue increased steadily
Guangzhou Restaurant (603043) 2024 Quarterly Report Review: Catering Business Continues to Grow, Cost Optimization Results Remain Remarkable
The incident described that the company released its financial report for the first quarter of 2024. During the period, it achieved revenue of 1,012 million yuan/ +10.04%, net profit to mother of 171 million yuan/ +2.22%, after deducting net profit of 67 million yuan/+1
On April 28, Shanxi Securities released a research report stating that Guangzhou Restaurant (603043.SH) was given an increase in its holdings rating. The main reasons for the rating include: 1) the catering business continued to grow; 2) overseas business
On April 28, Shanxi Securities released a research report stating that Guangzhou Restaurant (603043.SH) was given an increase in its holdings rating. The main reasons for the rating include: 1) the catering business continued to grow; 2) overseas business resumed and revenue scale expanded in an orderly manner outside the province; 3) the company's gross profit margin was 29.81% /-2.58pct, and the net profit margin was 7.96% /-0.61 pct during the period. (Mainichi Keizai Shimbun)
Huafu Securities released a research report on April 28 stating that it gave Guangzhou Restaurant (603043.SH) a purchase rating, and the target price was 23.14 yuan. The main reasons for the rating include: 1) the catering business is recovering well; nor
Huafu Securities released a research report on April 28 stating that it gave Guangzhou Restaurant (603043.SH) a purchase rating, and the target price was 23.14 yuan. The main reasons for the rating include: 1) the catering business is recovering well; normal fluctuations in the off-season mooncake business do not change the long-term growth logic; 2) diversified sales channels go hand in hand, and expansion outside the province boosts market expansion. (Mainichi Keizai Shimbun)
Guangzhou Restaurant (603043): Catering and food growth, quick-frozen pressure to focus on Dragon Boat Festival zongzi sales
Incident Overview: 2024Q1 achieved revenue of 1 billion yuan/ +10%, net profit of 71 million yuan/ +2.22%, deducted non-net profit of 67 million yuan/ +1.15%, net cash flow from operating activities of 1.22
Guangzhou Restaurant (603043): Food and beverage revenue increased slightly, profitability remained steady
Guangzhou Restaurant released its 2024 quarterly report. In Q1, the company achieved operating income of 1.01 billion yuan/ +10.0%, net profit to mother of 171 million yuan/ +2.2%, after deducting net profit of 67 million yuan/
Guangzhou Restaurant (603043): Performance is in line with expectations, focus on mooncake and quick-frozen restoration
Guide to this report: 24Q1 results were in line with expectations. Revenue growth was driven by growth in other businesses such as cured meats, prepared dishes, and catering. The decline in the structural share of mooncakes led to a slightly lower profit growth rate than revenue growth. Key investment points: Investment recommendations take into account meals
Guangzhou Restaurant (603043) Comment: The growth potential of the catering business continues, and the layout outside the province continues to advance
Investment highlights: The company announced its 2024 quarterly report, and the results were in line with expectations. According to the company's announcement, the 24Q1 company achieved revenue of 1,012 billion yuan, an increase of 10.04% over the previous year, and an increase of 90.09% over 2019.
Guolian Securities released a research report on April 26 stating that it gave Guangzhou Restaurant (603043.SH) a buying rating. The main reasons for the rating include: 1) the catering business and other food categories continued to grow, and frozen was
Guolian Securities released a research report on April 26 stating that it gave Guangzhou Restaurant (603043.SH) a buying rating. The main reasons for the rating include: 1) the catering business and other food categories continued to grow, and frozen was slightly fatigued; 2) gross profit margin and net interest rate declined slightly, and the cost level was steadily declining. (Mainichi Keizai Shimbun)
Guangzhou Restaurant (603043): Performance falls short of expectations, continuous optimization of cost control
Key investment events: The company's 2024Q1 revenue was 1,012 billion yuan (yoy +10.04%, up 90.1% from 2019Q1), and achieved net profit of 171 million yuan (yoy +2.22%).
Guangzhou Restaurant (603043): Product growth is differentiated, profitability is steady
Frozen is under pressure. After deducting stable non-profit margins, Guangzhou restaurants released a quarterly report. 1Q24 achieved revenue of 1,012 billion yuan (yoy +10.04%, qoq -1.21%), and net profit of 707.816 million yuan to mother (
Guangzhou Restaurant (603043) 2024 Quarterly Report Review: Steady Revenue Growth and Smooth Expansion Outside the Province
Incident: Guangzhou restaurants released their 2024 quarterly report results. In 24Q1, they achieved operating income of 1.01 billion yuan, +10% year over year; net profit to mother of 0.7 billion yuan, +2.2% year on year; net profit after deducting net profit of 70 million yuan
Guoxin Securities released a research report on April 16 stating that it gave Guangzhou Restaurant (603043.SH) an increase in its holdings. The main reasons for the rating include: 1) revenue growth was good in 2023, profit growth was steady, and the divi
Guoxin Securities released a research report on April 16 stating that it gave Guangzhou Restaurant (603043.SH) an increase in its holdings. The main reasons for the rating include: 1) revenue growth was good in 2023, profit growth was steady, and the dividend rate increased to 50%; 2) the basic mooncake market continued to grow steadily; the growth rate of quick-frozen was affected by channel and consumer environment pressure on a high base; and the low catering base recovered and rebounded; 3) industry demand and competitive environment have not improved significantly; the company continues to expand markets outside the province; and the 2024 budget target is stable. (Mainichi Keizai Shimbun)
Guangzhou Restaurant (603043): Catering recovery in 2023, food slows down, and the 2024 budget target is stable
Revenue growth was good in 2023, profit growth was steady, and the dividend rate increased to 50%. In 2023, Guangzhou restaurants achieved operating income of 4.901 billion yuan/ +19.18%, and total profit of 717 million yuan/+11.
Guangzhou Restaurant (603043): The 23-year performance is slightly higher than the express report and looks forward to steady expansion in the future
Incident Overview: The company released its annual report for the year 23, achieving revenue of 4.90 billion yuan/yoy +19.2% in 2023; net profit to mother of 550 million yuan/yoy +5.2%, net interest rate to mother of 11.2%, deducting non-net profit
Guangzhou Restaurant Group (SHSE:603043) Has A Rock Solid Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much
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