Hauv thawj ib nrab ntawm lub xyoo no, cov tuam txhab ua lag luam npias muaj qhov pom tseeb ntawm "tus nqi nce thiab txo qis", thiab kev muag npias tau rov qab los hauv lub quarter thib ob.
Raws li National Bureau of Statistics, thawj ib nrab ntawm lub xyoo no, vim muaj kev cuam tshuam ntawm kev sib kis, cov khoom tsim tawm ntawm kev lag luam npias hauv tsev poob 2% xyoo-rau-xyoo. Tau txais txiaj ntsig los ntawm cov npias siab kawg, cov tuam txhab npias tau pom cov yam ntxwv ntawm tus nqi nce thiab txo qis hauv ntim hauv thawj ib nrab ntawm lub xyoo. Nyob rau tib lub sijhawm, qhov muag ntim tau rov zoo dua hauv lub quarter thib ob, tab sis tus nqi siab tau maj mam nthuav tawm.
Dab tsi cuam tshuam rau ib nrab xyoo kev sib kis tau coj mus rau cov tuam txhab npias? Cov lus teb yuav yog "tus nqi nce thiab ntim qis".
Nyob rau yav tsaus ntuj ntawm Lub Yim Hli 25, Tsingtao Brewery tau tshaj tawm nws daim ntawv tshaj tawm 2022 ib nrab xyoo. Cov nyiaj tau los hauv thawj ib nrab ntawm lub xyoo yog kwv yees li 19.273 billion yuan, nce 5.73% xyoo dhau los (piv rau tib lub sijhawm ntawm xyoo dhau los), thiab mus txog 60% ntawm cov nyiaj tau los hauv 2021; Net profit yog 2.852 billion yuan, nce li ntawm 18% xyoo-rau-xyoo. Tom qab txiav tawm cov txiaj ntsig uas tsis yog rov tshwm sim thiab poob xws li tsoomfwv cov nyiaj pab ntawm 240 lab yuan, cov nyiaj tau los tau nce li ntawm 20% xyoo-rau-xyoo; Cov nyiaj khwv tau los hauv ib feem yog 2.1 yuan ib feem.
Nyob rau hauv thawj ib nrab ntawm lub xyoo, tag nrho cov muag khoom ntawm Tsingtao Brewery poob los ntawm 1.03% xyoo-rau-xyoo mus rau 4.72 lab kiloliters, uas cov muag ntim nyob rau hauv thawj peb lub hlis twg poob los ntawm 0.2% xyoo-rau-xyoo rau 2.129 lab. kiloliters. Raws li qhov kev suav no, Tsingtao Brewery tau muag 2.591 lab kiloliters hauv lub quarter thib ob, nrog rau kev loj hlob ntawm ib xyoos ntawm ze li ntawm 0.5%. Npias muag hauv lub quarter thib ob tau pom tias muaj kev rov qab los.
Daim ntawv tshaj tawm nyiaj txiag tau taw qhia tias lub tuam txhab cov khoom tsim tau zoo nyob rau hauv thawj ib nrab ntawm lub xyoo, uas ua rau cov nyiaj tau los ntawm lub xyoo nce nyob rau lub sijhawm. Nyob rau hauv thawj ib nrab ntawm lub xyoo, qhov muag ntim ntawm lub ntsiab hom Tsingtao Npias yog 2.6 lab kiloliters, ib xyoo-rau-xyoo nce ntawm 2.8%; qhov muag ntim ntawm nruab nrab-rau-siab-kawg thiab cov khoom saum toj no yog 1.66 lab kiloliters, ib xyoos ib zaug nce ntawm 6.6%. Nyob rau hauv thawj ib nrab ntawm lub xyoo, tus nqi ntawm wine ib tuj yog hais txog 4,040 yuan, nce ntau tshaj 6% xyoo-rau-xyoo.
Nyob rau tib lub sijhawm raws li tus nqi tuj tau nce ntxiv, Tsingtao Brewery tau tshaj tawm "Storm Storm" kev sib tw thaum lub caij ntuj sov txij lub Rau Hli mus txog Lub Cuaj Hli. Everbright Securities channel taug qab qhia tau hais tias kev muag khoom ntim ntawm Tsingtao Brewery txij lub Ib Hlis mus txog Lub Xya Hli tau ua tiav qhov kev loj hlob zoo. Ntxiv rau qhov kev thov rau kev lag luam npias coj los ntawm huab cua kub lub caij ntuj sov no thiab qhov cuam tshuam ntawm lub hauv paus qis xyoo tas los, Everbright Securities kwv yees tias qhov muag ntim ntawm Tsingtao Beer hauv peb lub hlis twg yog xav tias yuav nce ntau xyoo-rau- xyoo. .
Shenwan Hongyuan tsab ntawv tshaj tawm kev tshawb fawb rau lub Yim Hli 25 tau taw qhia tias kev lag luam npias pib ruaj khov nyob rau lub Tsib Hlis, thiab Tsingtao Brewery tau ua tiav kev loj hlob ntawm ib tus lej loj nyob rau lub Rau Hli, vim yog lub caij nyoog nce siab thiab kev siv nyiaj rov qab los ntawm kev sib kis. Txij li thaum lub caij siab tshaj plaws ntawm lub xyoo no, cuam tshuam los ntawm huab cua kub, qhov kev xav tau qis qis tau zoo zoo, thiab yuav tsum tau rov ua dua tshiab ntawm sab saum toj channel. Yog li ntawd, Shenwan Hongyuan cia siab tias Tsingtao Npias muag hauv Lub Xya Hli thiab Lub Yim Hli yuav tsum muaj kev loj hlob ntawm ib tus lej loj.
Tuam Tshoj Resources Beer tshaj tawm nws cov txiaj ntsig rau thawj ib nrab ntawm lub xyoo thaum Lub Yim Hli 17. Cov nyiaj tau los nce 7% xyoo-rau-xyoo rau 21.013 billion yuan, tab sis cov nyiaj tau los poob 11.4% xyoo-rau-xyoo rau 3.802 billion yuan. Tom qab tsis suav cov nyiaj tau los ntawm kev muag av los ntawm pab pawg xyoo tas los, cov nyiaj tau los rau tib lub sijhawm hauv 2021 yuav raug cuam tshuam. Tom qab qhov cuam tshuam ntawm Tuam Tshoj Resources Beer thawj ib nrab ntawm lub xyoo, cov nyiaj tau los ntawm Tuam Tshoj Resources Beer tau nce ntau dua 20% xyoo-rau-xyoo.
Nyob rau hauv thawj ib nrab ntawm lub xyoo, cuam tshuam los ntawm kev sib kis, qhov muag ntim ntawm Tuam Tshoj Resources Beer tau nyob rau hauv siab, poob me ntsis los ntawm 0.7% xyoo-rau-xyoo rau 6.295 lab kiloliters. Kev siv cov npias high-end kuj tau cuam tshuam rau qee yam. Kev muag khoom ntim ntawm sub-high-end thiab saum npias tau nce li ntawm 10% xyoo dhau los rau 1.142 lab kiloliters, uas yog siab dua li xyoo dhau los. Hauv thawj ib nrab ntawm 2021, qhov kev loj hlob ntawm 50.9% xyoo-rau-xyoo qeeb qeeb heev.
Raws li daim ntawv tshaj tawm nyiaj txiag, txhawm rau txhawm rau txhawm rau txhawm rau txhawm rau txhawm rau nce tus nqi, Tuam Tshoj Cov Chaw Pabcuam Npias tau hloov kho cov nqi ntawm qee cov khoom lag luam nyob rau lub sijhawm, thiab tag nrho cov nqi muag khoom nruab nrab hauv thawj ib nrab xyoo tau nce li ntawm 7.7% xyoo- nyob rau xyoo. Tuam Tshoj Resources Beer tau taw qhia tias txij li lub Tsib Hlis, qhov xwm txheej kis tau zoo nyob rau hauv feem ntau ntawm Tuam Tshoj av loj tau yooj yim, thiab tag nrho cov npias lag luam tau maj mam rov qab mus rau qhov qub.
Raws li Guotai Junan lub yim hli ntuj 19 kev tshawb fawb tsab ntawv ceeb toom, channel kev tshawb fawb qhia tau hais tias Tuam Tshoj Resources Beer yuav tsum pom ib tug loj-loj hlob loj hlob nyob rau hauv kev muag khoom los ntawm Lub Xya hli ntuj mus rau thaum ntxov Lub yim hli ntuj, thiab cov kev muag khoom txhua xyoo yuav tsum tau ua kom tiav kev loj hlob zoo, nrog sub-high. -kawg thiab saum npias rov qab mus rau kev loj hlob siab.
Budweiser Asia Pacific kuj pom qhov txo nqi nce. Hauv thawj ib nrab ntawm lub xyoo, Budweiser Asia Pacific kev muag khoom hauv Suav lag luam poob los ntawm 5.5%, thaum cov nyiaj tau los ntawm ib hectoliter nce 2.4%.
Budweiser APAC tau hais tias nyob rau lub quarter thib ob, "kev hloov kho channel (xws li cov chaw ua haujlwm hmo ntuj thiab tsev noj mov) thiab thaj chaw tsis zoo ua rau muaj kev cuam tshuam loj heev rau peb txoj kev lag luam thiab kev lag luam tsis zoo" hauv Suav lag luam. Tab sis nws cov kev muag khoom hauv Suav lag luam tau kaw ze li ntawm 10% kev loj hlob nyob rau lub Rau Hli, thiab kev muag khoom ntawm nws cov khoom lag luam high-end thiab ultra-high-end portfolio kuj tau rov qab mus rau ob tus lej loj hlob nyob rau lub Rau Hli.
Nyob rau hauv lub siab ntawm tus nqi, ua wine tuam txhab uas muag "nyob nruj"
Txawm hais tias tus nqi ib tuj ntawm cov tuam txhab npias tau nce siab, tus nqi siab tau maj mam tshwm sim tom qab kev muag khoom tau qeeb. Tej zaum raug rub los ntawm kev nce nqi ntawm cov khoom siv raw thiab cov khoom ntim, Tuam Tshoj Resources Beer tus nqi muag khoom hauv thawj ib nrab ntawm lub xyoo tau nce li ntawm 7% xyoo-rau-xyoo. Yog li ntawd, txawm hais tias tus nqi nruab nrab hauv thawj ib nrab ntawm lub xyoo tau nce li ntawm 7.7%, qhov nyiaj tau los tag nrho ntawm Tuam Tshoj Resources Beer hauv thawj ib nrab xyoo yog 42.3%, uas yog tib yam li tib lub sijhawm xyoo 2021.
Chongqing Npias kuj raug cuam tshuam los ntawm kev nce nqi. Nyob rau yav tsaus ntuj ntawm Lub Yim Hli 17, Chongqing Beer tau tshaj tawm nws daim ntawv tshaj tawm 2022 ib nrab xyoo. Hauv thawj ib nrab ntawm lub xyoo, cov nyiaj tau los nce 11.16% xyoo-rau-xyoo rau 7.936 billion yuan; net profit nce 16.93% xyoo-rau-xyoo rau 728 lab yuan. Kev cuam tshuam los ntawm kev sib kis nyob rau lub quarter thib ob, qhov muag ntim ntawm Chongqing npias yog 1,648,400 kiloliters, nce li ntawm 6.36% xyoo-rau-xyoo, uas yog qeeb dua li kev muag khoom loj hlob ntau dua 20% xyoo-rau-xyoo hauv lub xyoo. tib lub sijhawm xyoo tas los.
Nws yog tsim nyog sau cia tias cov nyiaj tau los ntawm kev loj hlob ntawm Chongqing Beer cov khoom lag luam siab xws li Wusu kuj tau qeeb qeeb hauv thawj ib nrab ntawm lub xyoo. Cov nyiaj tau los ntawm cov khoom lag luam siab tshaj 10 yuan tau nce li ntawm 13% xyoo-rau-xyoo rau 2.881 billion yuan, thaum lub xyoo ntawm kev loj hlob ntau tshaj 62% nyob rau tib lub sijhawm xyoo tas los. Hauv thawj ib nrab ntawm lub xyoo, tus nqi tuj ntawm Chongqing npias yog kwv yees li 4,814 yuan, ib xyoos ib zaug nce ntau dua 4%, thaum tus nqi khiav haujlwm tau nce ntau dua 11% xyoo-rau-xyoo rau 4.073 billion. yuan.
Yanjing Beer tseem tab tom ntsib qhov kev sib tw ntawm kev loj hlob qeeb hauv nruab nrab mus rau siab kawg. Nyob rau yav tsaus ntuj ntawm Lub Yim Hli 25, Yanjing Beer tshaj tawm nws cov txiaj ntsig ib ntus. Nyob rau hauv thawj ib nrab ntawm lub xyoo no, nws cov nyiaj tau los yog 6.908 billion yuan, ib xyoos ib zaug nce ntawm 9.35%; nws cov nyiaj tau los yog 351 lab yuan, ib xyoos ib zaug nce ntawm 21.58%.
Hauv thawj ib nrab ntawm lub xyoo, Yanjing Npias muag 2.1518 lab kiloliters, nce me ntsis ntawm 0.9% xyoo-rau-xyoo; Cov khoom muag tau nce ze li ntawm 7% xyoo-rau-xyoo rau 160,700 kiloliters, thiab tus nqi tuj tau nce ntau dua 6% xyoo-rau-xyoo mus rau 2,997 yuan / ton. Ntawm lawv, cov nyiaj tau los ntawm cov khoom lag luam nruab nrab-rau-high-end tau nce 9.38% xyoo-rau-xyoo rau 4.058 billion yuan, uas tau qeeb qeeb dua li qhov kev loj hlob ze li ntawm 30% nyob rau tib lub sijhawm ntawm xyoo dhau los; thaum tus nqi khiav lag luam tau nce ntau dua 11% xyoo-rau-xyoo rau 2.128 billion yuan, thiab cov nyiaj tau los tag nrho tau poob los ntawm 0.84% xyoo-rau-xyoo. feem pua taw tes rau 47.57%.
Raws li tus nqi siab, ua lag luam npias tacitly xaiv los tswj cov nqi.
"Cov pab pawg yuav siv lub tswv yim ntawm 'ua lub neej nruj' hauv thawj ib nrab ntawm 2022, thiab siv ntau yam kev ntsuas los txo cov nqi thiab nce kev ua haujlwm kom tswj tau cov nuj nqis ua haujlwm." Tuam Tshoj Resources Beer tau lees paub nyob rau hauv nws daim ntawv tshaj tawm nyiaj txiag uas muaj kev pheej hmoo ntawm kev ua haujlwm sab nraud yog superimposed, thiab nws yuav tsum "tighten" siv. Hauv thawj ib nrab ntawm lub xyoo, Tuam Tshoj Resources Beer kev lag luam thiab kev tshaj tawm cov nuj nqis tau txo qis, thiab cov nqi muag thiab kev faib khoom tau txo qis los ntawm kwv yees li 2.2% xyoo-rau-xyoo.
Nyob rau hauv thawj ib nrab ntawm lub xyoo, Tsingtao Brewery cov nqi muag khoom tau cog lus los ntawm 1.36% xyoo-rau-xyoo rau 2.126 billion yuan, feem ntau yog vim ib lub nroog tau cuam tshuam los ntawm kev sib kis, thiab cov nuj nqis poob; Kev tswj hwm cov nuj nqis poob los ntawm 0.74 feem pua ntawm cov ntsiab lus xyoo-rau-xyoo.
Txawm li cas los xij, Chongqing Npias thiab Yanjing Npias tseem yuav tsum "yuav tsum yeej lub nroog" nyob rau hauv cov txheej txheem ntawm high-end npias los ntawm kev nqis peev hauv kev lag luam cov nuj nqis, thiab cov nuj nqis thaum lub sij hawm ob qho tib si nce xyoo-rau-xyoo. Ntawm lawv, cov nqi muag khoom ntawm Chongqing Beer tau nce ze li 8 feem pua ntawm cov ntsiab lus xyoo-rau-xyoo rau 1.155 billion yuan, thiab cov nqi muag ntawm Yanjing Npias tau nce ntau dua 14% xyoo-rau-xyoo rau 792 lab yuan.
Cov ntaub ntawv tshawb fawb ntawm Zheshang Securities thaum Lub Yim Hli 22 tau taw qhia tias qhov nce ntawm npias cov nyiaj tau los hauv lub quarter thib ob yog vim qhov nce ntawm tus nqi tuj los ntawm kev hloov kho cov qauv thiab cov nqi nce, ntau dua li kev muag khoom loj hlob. Vim qhov txo qis ntawm kev txhawb nqa offline thiab cov nqi txhawb nqa thaum muaj kev sib kis.
Raws li cov ntaub ntawv tshawb fawb ntawm Tianfeng Securities thaum Lub Yim Hli 24, kev lag luam npias suav nrog cov khoom lag luam ntau, thiab cov nqi ntawm cov khoom lag luam loj tau maj mam nce txij li xyoo 2020. Txawm li cas los xij, tam sim no, cov nqi ntawm cov khoom lag luam ntau tau hloov pauv cov ntsiab lus cuam tshuam. nyob rau hauv lub thib ob thiab peb lub hlis twg ntawm lub xyoo no, thiab corrugated ntawv yog cov khoom ntim. , txhuas thiab iav tus nqi tau pom tseeb loosened thiab tsis kam, thiab tus nqi ntawm barley imported tseem nyob rau theem siab, tab sis qhov nce tau qeeb.
Daim ntawv tshaj tawm kev tshawb fawb tau tshaj tawm los ntawm Changjiang Securities thaum Lub Yim Hli 26 kwv yees tias cov txiaj ntsig kev txhim kho tau coj los ntawm tus nqi nce nyiaj faib nyiaj thiab cov khoom lag luam hloov kho tseem yuav tsum tau ua tiav, thiab cov txiaj ntsig elasticity tau tsav los ntawm kev poob qis hauv cov nqi ntawm cov khoom siv raw xws li cov khoom ntim yuav tsum tau txais ntau dua nyob rau hauv ib nrab ntawm lub xyoo thiab xyoo tom ntej. xav txog.
Daim ntawv tshaj tawm tshawb fawb ntawm CITIC Securities thaum Lub Yim Hli 26 tau kwv yees tias Tsingtao Brewery yuav txuas ntxiv txhawb kev tsim khoom siab. Raws li keeb kwm yav dhau los ntawm tus nqi nce thiab kev hloov kho cov qauv, qhov nce ntawm tus nqi tuj yuav tsum tau ua rau lub siab los ntawm tus nqi nce siab ntawm cov khoom siv raw. Daim ntawv tshaj tawm tshawb fawb ntawm GF Securities thaum Lub Yim Hli 19 tau taw qhia tias kev lag luam siab ntawm Tuam Tshoj lub npias kev lag luam tseem nyob hauv thawj ib nrab. Nyob rau hauv lub sij hawm ntev, Tuam Tshoj Resources Beer lub profitability yuav tsum tau mus txuas ntxiv txhim kho nyob rau hauv kev txhawb nqa ntawm cov khoom tsim qauv hloov khoom dua tshiab.
Tianfeng Securities 'kev tshawb fawb tsab ntawv ceeb toom thaum Lub Yim Hli 24 tau taw qhia tias kev lag luam npias tau txhim kho ntau lub hlis-rau-hli. Ntawm qhov tod tes, nrog rau kev yooj yim ntawm kev sib kis thiab txhawb kev ntseeg siab ntawm cov neeg siv khoom, kev noj ntawm qhov npaj txhij-rau-haus dej channel scene tau sov; Kev muag khoom yuav tsum ceev. Raws li tag nrho cov hauv paus qis xyoo tas los, kev muag khoom yuav tsum muaj kev loj hlob zoo.
Post lub sij hawm: Aug-30-2022