Research Report Nuggets丨League of Nations Securities: Kweichow Moutai's Q1 revenue growth rate exceeds the annual guideline, maintaining a “buy” rating

GLONGHUI, April 29 | According to the Guolian Securities Research Report, Kweichow Moutai (600519.SH)'s Q1 revenue increased 18.11% year on year, net profit to mother increased 15.73% year on year, and the total revenue growth rate exceeded the annual guideline. Q1 collected 46.257 billion yuan, an increase of 29.34% over the previous year, with impressive cash repayments. Considering that the company is a leader in the liquor industry, the basic market is stable and the operation control is strong. Referring to comparable company valuations, the company was given 30 times PE in 2024, with a target price of 2088.9 yuan, maintaining a “buy” rating.

Gelonghui Finance37minutes ago

Deng Xiaofeng reduced his holdings of cyclical stocks and added a new automotive chip stock

Deng Xiaofeng, the star fund manager who made a fortune of 10 billion dollars in Zijin Mining, reduced his holdings of cyclical stocks such as Zijin Mining, Yunlu shares, and China Aluminum in the first quarter of this year, sending a signal that some profits have come to an end for cyclical stocks. Specifically, Deng Xiaofeng took action against the biggest stock. The market value of Zijin Mining once soared by more than 470 billion yuan this year, continuously reaching record highs. Deng Xiaofeng began taking heavy positions as early as 2019. The market expects its holding cost to be around 3 yuan/share, and Zijin Mining's stock price will rise to more than 19 yuan/share. Deng Xiaofeng made a lot of money from this investment. When capital poured into cyclical stocks, Deng Xiaofeng began to reduce his holdings. In the first quarter of this year, Gao Yi Xiaofeng

Gelonghui Finance56minutes ago

Kweichow Moutai (600519): Revenue growth exceeds that of the whole year, leading leaders are steady and far-reaching

Incident: The company released its 2024 quarterly report. 2024Q1 achieved operating income of 45.776 billion yuan, an increase of 18.11% over the previous year, and net profit to mother of 24.065 billion yuan, an increase of 15.73% over the previous year. Receive

國聯證券13:41

Express News | Two Mysterious Private Equities Clearing Up Maotai? Industry bosses' latest positions revealed

Breakings08:53

Express News | Eight gold stocks revealed a quarterly report that Zijin Mining's Q1 net profit exceeded 6 billion yuan

BreakingsApr 28 22:33

Kweichow Moutai (600519): Good start in revenue, sales investment for the long term

Core view: Incident: The company released its 2024 quarterly report. The company achieved total revenue of 46.48 billion yuan in 24Q1, +18.0% year-on-year; net profit to mother was 24.07 billion yuan, +15.7% year-on-year. Among the rules

廣發證券Apr 28 18:21