January 5 news, beer concept plate abnormal pull up. As of press time, Huiquan Beer rose by the daily limit, while Lanzhou Yellow River Beer, Zhujiang Beer and Yanjing Beer rose.
Tianfeng Securities believes that due to the high proportion of raw materials in the cost of beer, the upstream price increase makes the gross profit margin of beer enterprises under greater pressure. Transmitted by PPI to CPI, while the cost side is under pressure, beer companies have announced price increases one after another since the third quarter, with a price increase of about 10%. The price increase is expected to have a significant boost to plate sentiment, and the industry has rebounded by 43.34% from its previous low. Judging from the valuation changes in 2021, the valuation of the beer sector has dropped by 48.49% compared with the beginning of 2021, and the elasticity of the valuation side has gradually emerged.