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Here's What Kweichow Moutai's (SHSE:600519) Strong Returns On Capital Mean
Express News | Kweichow Moutai Says It Adjusts 2024 Dividend Plan, Raising per-Share Dividend From 27.624 Yuan to 27.673 Yuan
Kaiyuan Securities: The white liquor market is slowly recovering and finding its bottom, while Huangjiu(Chinese Liquor) aligns with the new consumption trends.
The liquor Industry is currently under pressure due to weak demand and emotional disturbances, but signs of a bottoming out in the fundamentals are gradually emerging. With low valuations and increased dividends, the allocation value remains solid. Huangjiu(Chinese Liquor) is gradually breaking the stereotype of being a "traditional beverage for middle-aged and elderly people," penetrating into scenarios favored by younger drinkers.
Earnings Growth of 5.3% Over 3 Years Hasn't Been Enough to Translate Into Positive Returns for Kweichow Moutai (SHSE:600519) Shareholders
BOC International: The Industry is still in a bottom adjustment stage, leading liquor companies are operating steadily.
The liquor industry performance continues to decline in the second half of 2024, and companies are actively slowing down to adjust their operational pace. In the first quarter of 2025, companies continue the operational rhythm of the second half of 2024, with performance growth slowing, but it shows a recovery compared to the fourth quarter of 2024.
What is the impact of the ban on alcohol at official reception business meals? The management of Kweichow Moutai responded this way | Directly hitting the Shareholder meeting.
① This year, Shareholder enthusiasm for attending the Kweichow Moutai meeting remains high, but there is limited "substance" in the Shareholder communication session. ② The management of Moutai did not respond directly to the price adjustment plan, only stating that it needs to consider various factors such as the market environment and channel management as a whole. ③ A new round of repurchase plan for Kweichow Moutai is currently being formulated and will be disclosed once it is mature.