"Stock king" Kweichow Moutai Co.Ltd(600519) moves constantly!
Recently, Maotai released a bright performance forecast. The price of Maotai aged liquor increased by 1000 yuan on January 15. The release time of the year of the tiger is January 5, 2022.
The latest research report released by the two securities companies maintained the "buy" rating on Kweichow Moutai Co.Ltd(600519) and raised the target price to 2420 yuan / share.
By the end of 2021, the stock price of Kweichow Moutai Co.Ltd(600519) had closed at 2050 yuan / share, with a market value of 2.58 trillion yuan.
the retail guide price of a product is increased by 1000 yuan
According to market news, from January 1, 2022, the prices of new rare Maotai liquor and aged Kweichow Moutai Co.Ltd(600519) liquor 15 will be increased. The retail guide price of Maotai new treasures was raised by 100 yuan, from 4499 yuan to 4599 yuan; Maotai aged liquor 15 increased from 4999 to 5999 yuan.
On December 29, 2021, Maotai held a press conference, and the new version of "treasures" appeared. In just a few days, the price adjustment of rare Maotai liquor was announced. It is reported that in 1986, the first bottle of "rare Maotai" came out, and Maotai has entered the era of "high-end". 35 years later, this wine is rejuvenated.
Some dealers told the China Securities Journal China Securities Taurus reporter that at present, the market price of rare Maotai liquor has stabilized at 5500 yuan / bottle. The original target of this wine was Maotai aged wine 15.
revenue exceeded 100 billion yuan for the first time
On December 31, 2021, Kweichow Moutai Co.Ltd(600519) released the production and operation in 2021. The company expects to achieve a total operating revenue of about 109 billion yuan, an increase of about 11.2% year-on-year, including about 93.2 billion yuan of Maotai liquor and about 12.6 billion yuan of series liquor; The net profit attributable to the parent company is expected to be about 52 billion yuan, with a year-on-year increase of about 11.3%.
Previously, Kweichow Moutai Co.Ltd(600519) set an annual target of about 10.5% increase in total operating revenue over the previous year.
The following is the estimated net profit in recent years Kweichow Moutai Co.Ltd(600519) and the actual net profit disclosed in the annual report:
In 2017, it is expected to be RMB 26.4 billion and RMB 27.079 billion in the annual report.
In 2018, it is estimated to be 34 billion yuan and 35.204 billion yuan in the annual report.
In 2019, it is estimated to be 40.5 billion yuan and the annual report is 41.206 billion yuan.
In 2020, it is expected to be 45.5 billion yuan and 46.697 billion yuan in the annual report.
build the world's top 500 enterprises
In 2021, Maotai Group put forward its main direction during the 14th Five Year Plan Period: strive to build Maotai Group into the first world top 500 enterprise in Guizhou Province.
According to the 2021 world top 500 list released in August 2021, the threshold for enterprises to be listed is annual revenue of US $24 billion (about 152.5 billion yuan). At present, the revenue data of Maotai Group in 2021 has not been released. In 2020, the revenue of Maotai Group will be 114.041 billion yuan.
According to the data disclosed by Kweichow Moutai Co.Ltd(600519) , in 2021, the company produced about 56500 tons of Maotai base liquor and about 28200 tons of series base liquor. China Industrial Securities Co.Ltd(601377) according to the analysis, the original planned expansion of Maotai liquor to 56000 tons has been successfully completed, and the capacity expansion of series liquor has increased steadily. According to the estimation of Maotai base liquor output 4-5 years ago, it is estimated that the available supply and sales of Maotai liquor will be about 39000 tons in 2022, which is expected to achieve double-digit growth year-on-year.
China Industrial Securities Co.Ltd(601377) believes that the new management continues to release the pole signal after taking office. Since October 2021, Maotai has cancelled the unpacking policy of zodiac, high-quality products and Pufei (1 * 6), increased the supply of 1 * 12 specifications, met the demand of 1 * 6 full boxes, and launched new "treasures". In 2022, under the established goal of sales reform, the company will make up for ultra-high-end products and comb down the series of liquor channels. The company's operating efficiency will also be significantly improved and the brand "moat" of Maotai will be further strengthened.
(China Securities Journal)
