Several sub industries of food and beverage have disclosed 21 annual reports. Among them, except for V V Food & Beverage Co.Ltd(600300) and Jinzi Ham Co.Ltd(002515) , the remaining companies have achieved positive growth in revenue. The companies with revenue growth in the range of 0-20% and 20-40% are the most, with 3 companies each.
Among the companies that have disclosed their annual reports, the net profit attributable to the parent of most companies has declined. There are four companies with a growth rate of – 20% to 0% of the net profit attributable to the parent, and two companies with a growth rate of 0-20%.
No company with a market value of more than 100 billion has yet disclosed its annual report. Only Shede Spirits Co.Ltd(600702) , Eastroc Beverage (Group) Co.Ltd(605499) two companies with a market value of more than 50 billion have disclosed their annual reports. Most of the companies that disclose their annual reports have a market value of 10-50 billion yuan.
Market Review
In the last week, the food and beverage index fell by 2.06%, ranking 26th among the 28 industries in Shenwan, outperforming the CSI 300 index by 2.68pct, and the health products (+ 3.75%) in the sub industries rose significantly.
Top 5 gainers of individual stocks: Qinghai Spring Medicinal Resources Technology Co.Ltd(600381) , Xiwang Foodstuffs Co.Ltd(000639) , Cabio Biotech (Wuhan) Co.Ltd(688089) , Juneyao Grand Healthy Drinks Co.Ltd(605388) , Springsnow Food Group Co.Ltd(605567)
Top 5 stocks with declines: Anhui Kouzi Distillery Co.Ltd(603589) , Tonghua Grape Wine Co.Ltd(600365) , Jinhui Liquor Co.Ltd(603919) , Hebei Hengshui Laobaigan Liquor Co.Ltd(600559) , Anhui Yingjia Distillery Co.Ltd(603198)
Investment strategy
Key recommendations: 1 Kweichow Moutai Co.Ltd(600519) , Wuliangye Yibin Co.Ltd(000858) , Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) , with good performance and high certainty. 2. The milk industry giant Inner Mongolia Yili Industrial Group Co.Ltd(600887) , which is basically stable in normal temperature and low temperature milk, has made great efforts in infant powder and cheese business, and has achieved good results in the beginning of the year. 3. For companies that occupy a leading position in the subdivided fields, have a good competitive pattern and strong ability to raise prices, and are expected to reduce costs, focus on Chongqing Fuling Zhacai Group Co.Ltd(002507) , Shanghai Bairun Investment Holding Group Co.Ltd(002568) , and pay attention to Angel Yeast Co.Ltd(600298) ; 4. Ternary organism with strong downstream demand, limited upstream bargaining power and leading position in oligopoly in horizontal competition; China Resources beer industry is highly competitive and highly competitive.
Risk tips
The impact of the epidemic, the weak recovery of consumption, the intensification of industry competition, etc.
