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班级每人C了我半小时班长:探索她在东京的时尚生活与独特魅力
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班级每人C了我半小时班长:探索她在东京的时尚生活与独特魅力

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热点栏目自选股数据中心行情中心资金流向模拟交易客户端

  华安证券发布研报称,维持中国宏桥(01378)“买入”评级,预计公司2025-2027年归母净利润为207.18/217.69/229.63亿元(前值为2025-2026年分别为211.25/226.06亿元),对应PE分别为5.7/5.4/5.1倍。据悉,公司发布2024年年报,中国宏桥2024年实现营业收入1561.69亿元,同比+16.87%;实现归母净利润223.72亿元,同比+95.21%。公司派发末期股息每股102港仙,2024年度累计派息每股161港仙,较2023年同比+155.6%。

4月24日,有媒体报道称,从今天起,泸州老窖公司全国全品系停止订单接收,停止发货,至端午节前全国各公司(国窖、特曲、窖龄、大成浓香)全面清理价格、渠道和政策。

针对上述消息,证券时报·e公司记者致电泸州老窖求证,其相关工作人员表示,现在暂时没有得到相关通知,具体以公司通知为准。

“对于泸州老窖这样的头部名酒品牌而言,全品系停止订单接收可以说是非常重大的战略决策了。”白酒行业分析师蔡学飞对证券时报·e公司记者表示,从积极方面来看,这不仅彰显了泸州老窖坚决维护经销商利润、捋顺合理渠道价格的决心,也在很大程度上可以通过此轮停货提高动销率,从而达到优化提振市场信心,稳定产品的价格刚性,从而增强品牌价值与信誉等价值。

对此,中国酒业分析师肖竹青则认为,整个快消品行业的发展得益于:渠道愿意卖,因为有利可图,消费者愿意买,因为有良好的消费体验和性价比。

肖竹青表示,目前整个酒业面临价格倒挂(或者价格透明)的情况,这是让整个渠道丧失推进动力的主要原因。泸州老窖等若干酒企纷纷宣布停货来保价、整顿市场秩序,能够让渠道的每个伙伴和终端店都能够通过卖酒赚到差价,只有这样才有可能实现可持续发展。所以,停货丧失短期的业绩绩效,但是会迎来长期的健康生态。

今年3月14日,泸州老窖曾发布公告,该上市公司控股股东泸州老窖集团有限责任公司(以下简称“老窖集团”)计划自本公告披露之日起的6个月内,拟通过集中竞价交易的方式增持公司股份,增持金额不低于1.5亿元、不超过3亿元。

老窖集团表示,此次拟增持股份的目的系基于对泸州老窖未来发展前景的信心和长期投资价值的认可,增强投资者信心,维护广大投资者利益。

老窖集团上述增持计划资金来源为专项贷款及自有资金。其中,中国建设银行泸州分行已向老窖集团出具了《中国建设银行贷款承诺书》,承诺为老窖集团提供金额不超过2.7亿元,且贷款比例不超过增持金额90%的增持专项贷款,贷款期限不超过36个月。除使用上述贷款外,此次增持计划的其余资金为老窖集团自有资金。

今年3月初,2025年泸州老窖·国窖1573封藏大典在泸州举行,泸州老窖集团(股份)公司党委书记、董事长刘淼曾表示,做时间的朋友,筑牢质量生命线,推动行业智能化、数字化转型。

随后,在泸州老窖召开2024—2025年度经销商表彰暨营销会议上,泸州老窖总经理林锋表示,当前中国白酒面临行业周期调整,存量竞争加剧等多重压力。在此背景下,泸州老窖保持了良性增长的发展势头,预计2024年全年公司各项主要指标将再创历史新高。2025年,面对白酒行业新形势,泸州老窖将抓住产品低度化、消费年轻化、体验场景化的机遇。

对于2025年,林锋表示,泸州老窖要开辟新路径、穿越新周期,将继续精耕细作,增强营销突破的战斗力,聚焦战略市场、增量市场、下沉市场、特殊需求的精耕。林锋认为,巩固存量、拦截流量、拓展增量,这是白酒企业在周期调整中率先突围的重要路径。

(文章来源:证券时报·e公司)

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