Jiugui Liquor Co.Ltd(000799) (000799. SZ) achieved high performance growth in 2021.
On January 18, Jiugui Liquor Co.Ltd(000799) announced that it was expected to achieve an operating revenue of about 3.4 billion yuan in 2021, an increase of about 86% over the same period of last year; The net profit attributable to the shareholders of the listed company was RMB 880 million-950 million, with a year-on-year increase of 79% – 93.24%; The net profit after deducting non recurring profits and losses was RMB 873 million to RMB 943 million, with a year-on-year increase of 98.54% – 114.46%. Basic earnings per share: 2.7083 yuan / share – 2.9237 yuan / share.
As for the reasons for the substantial increase in performance, Jiugui Liquor Co.Ltd(000799) believes that in 2021, the company’s brand value continued to improve, the market expansion was steadily promoted, the terminal construction was continuously strengthened, and the sales revenue in the reporting period increased significantly, resulting in a significant increase in performance in the same direction.
Since 2017, Jiugui Liquor Co.Ltd(000799) has achieved double-digit year-on-year growth in revenue and net profit for four consecutive years. If nothing happens, the growth trend will continue in 2021.
Recently, the Research Report of Sinolink Securities Co.Ltd(600109) pointed out that Jiugui Liquor Co.Ltd(000799) fuyuxiang leading brand has the potential to rise again, and the valuation has been cost-effective. In the medium and long term, the 1000 yuan price of the internal reference card has a solid high-end brand image. The drunkard series aims at the secondary high-end to share the consumption upgrading dividend. Through the continuous sales company model empowerment, circle marketing and COFCO support, the 10 billion revenue target of the “14th five year plan” can be expected.
