01876 BUD APAC
- 8.790
- -0.330-3.62%
BUD APAC News
Hong Kong stock market fluctuation | China Res Beer (00291) fell nearly 7%, leading the decline of beer stocks. Weak consumer environment combined with the high base effect may weigh on beer sales in May.
According to the Zhitong Finance and Economics APP, beer stocks collectively fell as of press time, with China Resources Beer (00291) down 6.71% at HKD 29.2; Bud APAC (01876) fell 5.89% to HKD 9.11; and Tsingtao Brew (00168) fell 3.96% to HKD 53.35. In terms of news, Guosen Securities pointed out that due to the still weak consumption environment and a high base in the same period last year, sales of beer industry leaders are expected to come under pressure in May. Beer manufacturers will attach greater importance to inventory health in the second quarter, and channel inventory will be gradually alleviated in April-May. Looking ahead to June and the second half of the year, with the weather gradually warming up and the addition of large-scale
Budweiser Brewing Company APAC (HKG:1876) Has Some Way To Go To Become A Multi-Bagger
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongsi
Changes in Hong Kong stocks | Tsingtao Brewery Co., Ltd. (00168) fell more than 5%, leading the decline in beer stocks in April, beer production fell 9.1% year on year, and has been declining year on year for two consecutive months
Beer stocks continued their decline. As of press release, Tsingtao Brewery shares (00168) fell 5.45% to HK$56.35; China Resources (00291) fell 3.08% to HK$33; and Budweiser Asia Pacific (01876) fell 1.55% to HK$10.18.
[Broker Focus] Fangzheng Securities's first “recommended” rating for Budweiser Asia Pacific (01876) indicates that its profitability is expected to continue to improve
Jinwu Financial News | According to the Fangzheng Securities Research Report, looking forward to the future, the bank believes that Budweiser Asia Pacific (01876) is the leading high-end beer in the Asia-Pacific region, has obvious advantages on the “brand+channel” side, and has a mature and sophisticated high-end style of play. Under the guidance of high-end strategy and the requirement for “profit+cash flow”, the company will continue to lead the high-end process in the Asia-Pacific market. It is expected that in '24, the sales base in China will gradually decline in Q3, and the trend of structural upgrading will continue. In terms of cost, due to increased productivity, favorable raw material costs, cost reduction and efficiency, etc., the company's cost per ton is expected to remain stable throughout the year. Meanwhile, the 23-year price increase in the Korean market is expected to last
BUD APAC To Go Ex-Dividend On May 22nd, 2024 With 0.4128 HKD Dividend Per Share
May 14th - $BUD APAC(01876.HK)$ is trading ex-dividend on May 22nd, 2024. Shareholders of record on May 23rd, 2024 will receive 0.4128 HKD dividend per share on June 20th, 2024. The ex-dividend da
Budweiser Asia Pacific (01876) will pay a 2023 final dividend of HK41.28 cents per share on June 20
Budweiser Asia Pacific (01876) announced that the company expects to distribute 2 on June 20, 2024 (Thursday)...
BUD APAC: POLL RESULTS AT THE ANNUAL GENERAL MEETING HELD ON 14 MAY 2024 AND PAYMENT OF THE FINAL DIVIDEND
Everbright Securities: Continued to be optimistic about Budweiser Asia Pacific (01871)'s competitive advantage in the high-end and ultra-high-end sectors to maintain an “gain” rating
Everbright Securities's net profit forecast for Budweiser Asia Pacific 2024-2026 is US$10.4/11.76/US$1,317 million, respectively.
Budweiser Brewing Company APAC Limited Just Beat EPS By 8.0%: Here's What Analysts Think Will Happen Next
Budweiser Brewing Company APAC Limited (HKG:1876) last week reported its latest quarterly results, which makes it a good time for investors to dive in and see if the business is performing in line wit
Jefferies Adjusts Budweiser Brewing Co APAC's Price Target to HK$18.70 From HK$21.20, Keeps at Buy
05:18 AM EDT, 05/09/2024 (MT Newswires) -- Jefferies Adjusts Budweiser Brewing Co APAC's Price Target to HK$18.70 From HK$21.20, Keeps at Buy Price (HKD): $11.44, Change: $+0.44, Percent Change: +4.00
[Broker Focus] SPDB International maintains Budweiser Asia Pacific (01876) “buy” rating and is still confident that it will achieve double-digit endogenous EBITDA growth this year
Jin Wu Financial News | SPDB International Development Research Report says that the EBITDA growth rate of AB Asia Pacific (01876) 1Q24 seems to fall short of market expectations, but the bank still has high confidence that the company will achieve double-digit endogenous EBITDA growth throughout 2024 for the following reasons: (1) the trend of improving the Chinese product structure remains strong and is expected to continue; (2) Under the influence of increased productivity, cost reduction and efficiency, and favorable bulk prices, the cost per ton is expected to remain stable year-on-year throughout the year; (3) Assuming that the Korean government does not raise consumption tax in the future, the cost per ton is expected to remain stable year over year; (3) Assuming that the Korean government does not raise consumption tax in the future The endogenesis of the quarter EBITDA is expected to be lower
Changes in Hong Kong stocks | China Resources Brewery (00291) rose more than 5%, leading the rise in beer stocks and restaurants driving demand growth for beer and other products, and there is a clear trend of improvement in the industry
Beer stocks picked up in early trading. As of press release, China Resources Brewery (00291) rose 5.03% to HK$38.65; Budweiser Asia Pacific (01876) rose 3.45% to HK$11.38; and Tsingtao Brewery shares (00168) rose 3.02% to HK$61.4.
Jefferies: Maintaining Budweiser Asia Pacific (01876) “Buy” Rating and Lowering the Target Price to HK$18.7
Jefferies lowered Budweiser Asia Pacific (01876) earnings estimates for each year from 2024 to 2026 by 11%, 7%, and 6%, respectively.
Bank Rating | Jefferies: Lowering Budweiser Asia Pacific's Target Price to HK$18.7 to Maintain “Buy” Rating
Jefferies published a research report, quoting Budweiser Asia Pacific management as saying that due to the reopening of the mainland in the first half of last year, the industry is expected to face another high base in the Chinese market next quarter; in addition, the bad weather also affected the South China region. Meanwhile, management remains confident about the profit margin prospects of the Korean market. Jefferies expects Budweiser Asia Pacific to record a normalized EBITDA of about US$584 million in the second quarter, which represents a 1% natural increase, while sales are expected to drop 2.8%. The bank also lowered the Group's target price from HK$21.2 to HK$18.7, maintaining a “buy” rating. The bank also lowered the Group's annual profits from 2024 to 2026, respectively
BOC International: Reiterates Budweiser Asia Pacific's “Buy” Rating Target Price of HK$15.6
BOC International released a research report stating that it reaffirms the Budweiser Asia Pacific (01876) “buy” rating. It is expected that the company's performance in the second quarter of 2024 will continue to be affected by the high base, but there should be some improvement in the second half of 2024, with a target price of HK$15.6. The bank pointed out that due to the high base and bad weather in March, the company's sales volume fell 6.2% per year in the first quarter of 2024, but the average price continued to grow steadily, driving the EBITDA profit margin to increase by 145 basis points. Korea's EBITDA margin increased 334 basis points to 27.8%. Budweiser is the only company with a full portfolio of premium brands
BOC International: Reiterates Budweiser Asia Pacific (01876) “Buy” Rating Target Price of HK$15.6
The Zhitong Finance App learned that BOC International released a research report stating that it reaffirmed the Budweiser Asia Pacific (01876) “buy” rating. It is expected that the company's performance in the second quarter of 2024 will continue to be affected by the high base, but there should be some improvement in the second half of 2024, with a target price of HK$15.6. The bank pointed out that due to the high base and bad weather in March, the company's sales volume declined by 6.2% per year in the first quarter of 2024, but the average price continued to grow steadily, driving the EBITDA profit margin to increase by 145 basis points. Korea's EBITDA margin increased 334 basis points to 27.8%. Budweiser is the only company to hug
CICC: Maintaining Budweiser Asia Pacific's “outperforming the industry” rating target price of HK$16.15
CICC released a research report stating that while maintaining the Budweiser Asia Pacific (01876) “outperforming the industry” rating, the 2024/25 profit forecast remains unchanged, with a target price of HK$16.15. The company's 1Q24 revenue/sales/ASP/ton cost/EBITDA (the following text are endogenous growth rates) were -0.4/-4.8/ +4.6/+0.4/ +4.2%, respectively, and gross margin/EBITDA ratios were +2.06/+1.53ppt, respectively. 1Q24 results were in line with expectations. CICC's main views are as follows: Asia Pacific West: China's high base reduces volume, increases prices, and becomes high-end
CICC: Maintaining the Budweiser Asia Pacific (01876) “Outperform the Industry” rating target price of HK$16.15
The Zhitong Finance App learned that CICC released a research report stating that while maintaining the Budweiser Asia Pacific (01876) “outperforming the industry” rating, the profit forecast for 2024/25 remains unchanged, with a target price of HK$16.15. The company's 1Q24 revenue/sales/ASP/ton cost/EBITDA (the following text are endogenous growth rates) were -0.4/-4.8/ +4.6/+0.4/ +4.2%, respectively, and gross margin/EBITDA ratios were +2.06/+1.53ppt, respectively. 1Q24 results were in line with expectations. CICC's main views are as follows: Asia Pacific West: Under China's high base
[Broker Focus] BOC International reaffirms that Budweiser Asia Pacific (01876) purchase ratings will continue to be affected by the high base in the 2nd quarter
Jinwu Financial News | According to the BOC International Development Research Report, the decline in sales and sales volume for the first quarter of 2024 of Budweiser Asia Pacific (01876) was lower than expected, but the growth of ASP drove the expansion of profit margins, which was better than expected: endogenous revenue growth in the first quarter of '24 was moderate. The decline in overall sales volume was offset by an increase in average prices. Gross margin increased by 206 basis points year-on-year (endogenous growth) to 51.5%. EBITDA grew 4.2% and EPS remained flat. According to the bank, sales in the Chinese market fell 6% in the first quarter of '24, and the difficult comparison is likely to continue until the second quarter of '24; South Korea is strong
Hong Kong stocks closed (05.08) | The Hang Seng Index closed down 0.9%. Domestic housing stocks, auto stocks, and other coal stocks, which are under significant pressure, performed well
The Zhitong Finance App learned that the three major indices of Hong Kong stocks rushed higher and fell in early trading, and the decline widened further in the afternoon. At the close, the Hang Seng Index fell 0.9% or 165.51 points to 18313.86 points, with a full-day turnover of HK$128.655 billion; the Hang Seng State-owned Enterprises Index fell 1.07% to 6456.72 points; and the Hang Seng Technology Index fell 1.29% to 3872.01 points. Zhang Yidong, the global chief strategy analyst at Societe Generale Securities, said that Hong Kong stocks have basically overdrawn all negative factors, so a little bit of sunshine will shine brightly. He pointed out that the Hong Kong stock market is at least quarterly this year, even
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