Engxenyeni yokuqala yalo nyaka, izinkampani zikabhiya ezihamba phambili zazinezici ezisobala “zokwenyuka nokuncipha kwentengo”, futhi ukuthengiswa kukabhiya kuphinde kwatholakala engxenyeni yesibili.
Ngokusho kweNational Bureau of Statistics, engxenyeni yokuqala yalo nyaka, ngenxa yomthelela walolu bhubhane, ukukhiqizwa kwemboni kabhiya wasekhaya kwehle ngo-2% unyaka nonyaka. Zizuza kubhiya osezingeni eliphezulu, izinkampani zikabhiya zibonise izici zokukhuphuka kwentengo nokuncipha kwevolumu engxenyeni yokuqala yonyaka. Ngesikhathi esifanayo, ivolumu yokuthengisa yaphindeka kakhulu engxenyeni yesibili, kodwa ukucindezela kwezindleko kwembulwa kancane kancane.
Imuphi umthelela ubhubhane lwesigamu sonyaka olulethe izinkampani zikabhiya? Impendulo ingase ibe “ukwenyuka kwentengo nokuncipha kwevolumu”.
Ngobusuku bango-Agasti 25, iTsingtao Brewery idalule umbiko wayo wamasemi-annual ka-2022. Imali engenayo engxenyeni yokuqala yonyaka yayicishe ibe ngamabhiliyoni ayi-19.273, okuwukukhula ngo-5.73% unyaka nonyaka (uma kuqhathaniswa nesikhathi esifanayo sonyaka odlule), futhi yafinyelela ku-60% wemali engenayo ngo-2021; Inzuzo yonke ibingama-yuan ayizigidi eziyizinkulungwane ezingama-2.852, okuwukunyuka okungaba ngu-18% unyaka nonyaka. Ngemva kokudonsa izinzuzo nokulahlekelwa okungaphindi okufana noxhaso lukahulumeni lwezigidi ezingu-240 zamayuan, inzuzo yonke inyuke cishe ngo-20% unyaka nonyaka; izinzuzo eziyisisekelo ngesheya ngalinye bezingu-2.1 yuan ngesheya ngalinye.
Engxenyeni yokuqala yonyaka, inani eliphelele lokuthengiswa kweTsingtao Brewery lehle ngo-1.03% unyaka nonyaka laya ku-4.72 million kilolitres, lapho inani lokuthengisa ngekota yokuqala lehle ngo-0.2% unyaka nonyaka laya ku-2.129 million. amakhilolitha. Ngokusekelwe kulesi sibalo, i-Tsingtao Brewery ithengise amakhilolitha ayizigidi ezingu-2.591 ngekota yesibili, ngezinga lokukhula lonyaka elicishe libe ngu-0.5%. Ukuthengiswa kukabhiya engxenyeni yesibili kubonise izimpawu zokululama.
Umbiko wezezimali uveze ukuthi ukwakheka komkhiqizo wenkampani kwathuthukiswa engxenyeni yokuqala yonyaka, okuholele ekunyukeni konyaka nonyaka kwemali engenayo phakathi naleso sikhathi. Engxenyeni yokuqala yonyaka, umthamo wokuthengisa womkhiqizo oyinhloko i-Tsingtao Beer wawungamakhilolitha ayizigidi ezingu-2.6, ukukhuphuka konyaka ngo-2.8%; umthamo wokuthengisa wemikhiqizo ephakathi kuya kwephezulu nangaphezulu ubungamakhilolitha ayizigidi eziyi-1.66, okuwukukhula konyaka ngo-6.6%. Engxenyeni yokuqala yonyaka, intengo yewayini ngethani yayilinganiselwa ku-4,040 yuan, okuwukukhuphuka okungaphezu kuka-6% unyaka nonyaka.
Ngesikhathi esifanayo njengoba intengo yethani ikhuphuka, i-Tsingtao Brewery yethula umkhankaso othi “Summer Storm” phakathi nenkathi ephakeme kakhulu kusukela ngoJuni kuya kuSepthemba. Ukulandelelwa kwesiteshi se-Everbright Securities kubonisa ukuthi ivolumu yokuthengisa ehlanganisiwe ye-Tsingtao Brewery kusukela ngoJanuwari kuya kuJulayi izuze ukukhula okuhle. Ngaphezu kwesidingo semboni kabhiya esilethwe yisimo sezulu esishisayo kuleli hlobo kanye nomthelela wesisekelo esiphansi ngonyaka odlule, i-Everbright Securities ibikezela ukuthi umthamo wokuthengisa we-Tsingtao Beer ngekota yesithathu kulindeleke ukuthi ukhuphuke kakhulu unyaka nonyaka- unyaka. .
Umbiko wocwaningo lukaShenwan Hongyuan ngo-Agasti 25 waveza ukuthi imakethe kabhiya yaqala ukuzinza ngoMeyi, kanti iTsingtao Brewery yazuza ukukhula okuphezulu kwedijithi eyodwa ngoJuni, ngenxa yenkathi ephakeme esondelayo kanye nokusetshenziswa kwesinxephezelo sangemva kobhubhane. Kusukela ngesizini ephakeme kakhulu yalo nyaka, ethinteke ngenxa yesimo sezulu esiphezulu, isidingo esezansi nomfula sesiluleme kahle, futhi kunesidingo sokugcwaliswa eceleni kwesiteshi esiphezulu. Ngakho-ke, uShenwan Hongyuan ulindele ukuthi ukuthengiswa kukabhiya weTsingtao ngoJulayi nango-Agasti kulindeleke ukuthi kugcine ukukhula okuphezulu kwedijithi eyodwa.
I-China Resources Beer imemezele imiphumela yayo engxenyeni yokuqala yonyaka ngo-Agasti 17. Imali engenayo inyuke ngo-7% unyaka nonyaka yafinyelela ku-21.013 billion yuan, kodwa inzuzo ephelele yehle ngo-11.4% unyaka nonyaka yafinyelela ku-3.802 billion yuan. Ngemva kokungabandakanyi imali engenayo ekuthengisweni komhlaba yiqembu ngonyaka odlule, inzuzo yonke yesikhathi esifanayo ngo-2021 izothinteka. Ngemuva komthelela wengxenye yokuqala yonyaka ye-China Resources Beer, inzuzo yonke ye-China Resources Beer ikhuphuke ngaphezu kuka-20% unyaka nonyaka.
Engxenyeni yokuqala yonyaka, ehlaselwe yilolu bhubhane, umthamo wokuthengisa we-China Resources Beer wawungaphansi kwengcindezi, wehle kancane ngo-0.7% unyaka nonyaka wafinyelela ku-6.295 million kiloliters. Ukuqaliswa kobhiya bezinga eliphezulu nakho kwathinteka ngezinga elithile. Umthamo wokuthengiswa kukabhiya osezingeni eliphansi nangaphezulu ukhuphuke cishe ngo-10% unyaka nonyaka wafinyelela ku-1.142 million kilolitres, owawuphezulu kunalowo wangonyaka odlule. Engxenyeni yokuqala ka-2021, izinga lokukhula lika-50.9% unyaka nonyaka lehle kakhulu.
Ngokombiko wezezimali, ukuze kuncishiswe ingcindezi yezindleko ezikhuphukayo, i-China Resources Beer yalungisa ngokusesilinganisweni amanani entengo yeminye imikhiqizo phakathi naleso sikhathi, futhi isilinganiso sentengo yokuthengisa iyonke engxenyeni yokuqala yonyaka senyuke cishe ngo-7.7% ngonyaka- ngonyaka. I-China Resources Beer iveze ukuthi kusukela ngoMeyi, isimo sobhubhane ezingxenyeni eziningi zezwe laseChina sehlile, futhi imakethe kabhiya iyonke kancane kancane ibuyele kwesejwayelekile.
Ngokombiko wocwaningo luka-Guotai Junan ka-Agasti 19, ucwaningo lwesiteshi lubonisa ukuthi i-China Resources Beer kulindeleke ukuthi ibone ukukhula okuphezulu kwedijithi eyodwa ekuthengisweni kusukela ngoJulayi kuya ekuqaleni kuka-Agasti, futhi ukuthengiswa konyaka kungase kulindeleke ukuthi kufinyelele ukukhula okuhle, nge-sub-high. -ukuphela nangaphezulu kobhiya ubuyela ekukhuleni okuphezulu.
I-Budweiser Asia Pacific iphinde yehla ekukhuphukeni kwentengo. Engxenyeni yokuqala yonyaka, ukuthengiswa kweBudweiser Asia Pacific emakethe yaseShayina kwehle ngo-5.5%, kanti imali engenayo ngehektholitha ngayinye inyuke ngo-2.4%.
I-Budweiser APAC ithe kwikota yesibili, "ukulungiswa kwesiteshi (kuhlanganise namakilabhu asebusuku nezindawo zokudlela) kanye nokuxutshwa kwezindawo okungekuhle kube nomthelela omkhulu ebhizinisini lethu futhi kwenza imboni ingasebenzi kahle" emakethe yaseChina. Kodwa ukuthengiswa kwayo emakethe yaseShayina kuqophe cishe ukukhula kwe-10% ngoJuni, futhi ukuthengiswa kwephothifoliyo yayo yomkhiqizo ophezulu kanye ne-ultra-high-end nakho kubuyele ekukhuleni kwamadijithi amabili ngoJuni.
Ngaphansi kwengcindezi yezindleko, izinkampani ezihamba phambili zewayini “zihlala ziqinile”
Nakuba intengo ngethani ngalinye lezinkampani zikabhiya ibilokhu ikhuphuka, ingcindezi yezindleko iye yavela kancane kancane ngemva kokuba ukukhula kokuthengisa kwehlile. Mhlawumbe ngenxa yokukhuphuka kwezindleko zezinto zokusetshenziswa nezinto zokupakisha, izindleko ze-China Resources Beer zokuthengisa engxenyeni yokuqala yonyaka zikhuphuke cishe ngo-7% unyaka nonyaka. Ngakho-ke, nakuba inani lentengo engxenyeni yokuqala yonyaka lenyuke cishe ngo-7.7%, umkhawulo wenzuzo enkulu ye-China Resources Beer engxenyeni yokuqala yonyaka wawungu-42.3%, owawufana nesikhathi esifanayo ngo-2021.
I-Chongqing Beer nayo ithintwa ukukhuphuka kwezindleko. Ngobusuku bango-Agasti 17, iChongqing Beer idalule umbiko wayo wamasemi-annual ka-2022. Engxenyeni yokuqala yonyaka, imali engenayo inyuke ngo-11.16% unyaka nonyaka yafinyelela ku-7.936 billion yuan; inzuzo ephelele inyuke ngo-16.93% unyaka nonyaka yafinyelela ku-728 million yuan. Ethintwe yilolu bhubhane ngekota yesibili, umthamo wokuthengiswa kukabhiya we-Chongqing ubungamakhilolitha ayi-1,648,400, nokunyuke cishe ngo-6.36% unyaka nonyaka, nokubekuhamba kancane kunezinga lokukhula kokuthengisa elingaphezu kuka-20% unyaka nonyaka ngonyaka. isikhathi esifanayo ngonyaka odlule.
Kuyaphawuleka ukuthi izinga lokukhula kwemali engenayo lemikhiqizo esezingeni eliphezulu ye-Chongqing Beer efana ne-Wusu nalo lehle kakhulu engxenyeni yokuqala yonyaka. Imali engenayo yemikhiqizo esezingeni eliphezulu ngaphezu kwama-yuan ayi-10 inyuke cishe ngo-13% unyaka nonyaka yaya kumayuan ayizigidi eziyizinkulungwane ezingu-2.881, kuyilapho izinga lokukhula konyaka lidlula u-62% esikhathini esifanayo ngonyaka odlule. Engxenyeni yokuqala yonyaka, inani lethani likabhiya we-Chongqing lalicishe libe ngama-yuan angu-4,814, okuwukunyuka konyaka okungaphezu kuka-4%, kuyilapho izindleko zokusebenza zenyuka ngaphezu kuka-11% unyaka nonyaka zafinyelela ku-4.073 billion. yuan.
I-Yanjing Beer nayo ibhekene nenselelo yokunciphisa ukukhula ekupheleni okuphakathi kuya phezulu. Ngobusuku bango-Agasti 25, i-Yanjing Beer yamemezela imiphumela yayo yesikhashana. Engxenyeni yokuqala yalo nyaka, imali engenayo yayingama-yuan ayizigidi eziyizinkulungwane ezingu-6.908, ukwanda konyaka ngo-9.35%; inzuzo yayo yonke ibingama-yuan ayizigidi ezingama-351, okuwukunyuka konyaka ngo-21.58%.
Engxenyeni yokuqala yonyaka, i-Yanjing Beer ithengise amakhilolitha ayizigidi ezingu-2.1518, ukukhuphuka kancane ngo-0.9% unyaka nonyaka; I-inventory ikhuphuke cishe ngo-7% unyaka nonyaka yaya ku-160,700 kilolitre, futhi intengo yethani ikhuphuke ngaphezu kuka-6% unyaka nonyaka yafinyelela ku-2,997 yuan / ton. Phakathi kwazo, imali engenayo yemikhiqizo esezingeni eliphezulu inyuke ngo-9.38% unyaka nonyaka yaya kuma-yuan ayizigidi eziyizinkulungwane ezingu-4.058, eyayihamba kancane kakhulu kunezinga lokukhula elicishe libe ngama-30% esikhathini esifanayo sonyaka odlule; kuyilapho izindleko zokusebenza zenyuka ngaphezu kuka-11% unyaka nonyaka zaya kuma-yuan ayizigidi eziyizinkulungwane ezingu-2.128, futhi umkhawulo wenzuzo yonke wehle ngo-0.84% unyaka nonyaka. amaphesenti angu-47.57%.
Ngaphansi kwengcindezi yezindleko, izinkampani eziholayo zikabhiya zikhetha ukulawula izimali ezikhokhwayo.
"IQembu lizosebenzisa umqondo 'wokuphila impilo eqinile' engxenyeni yokuqala ka-2022, futhi lithathe izinyathelo ezimbalwa zokunciphisa izindleko kanye nokwandisa ukusebenza kahle kokulawula izindleko zokusebenza." I-China Resources Beer ivumile embikweni wayo wezezimali ukuthi izingozi endaweni yokusebenza yangaphandle zingaphezu kwamandla, futhi kufanele "iqinise" ibhande". Engxenyeni yokuqala yonyaka, izindleko zokumaketha nokukhangisa ze-China Resources Beer zehla, futhi izindleko zokuthengisa nokusabalalisa zehle cishe ngo-2.2% unyaka nonyaka.
Engxenyeni yokuqala yonyaka, izindleko zokuthengisa zeTsingtao Brewery zenziwa inkontileka ngo-1.36% unyaka nonyaka zaya kuma-yuan ayizigidi eziyizinkulungwane ezingu-2.126, ikakhulukazi ngenxa yokuthi amadolobha ngamanye ahlaselwe yilolu bhubhane, nezindleko zehla; izindleko zokuphatha zehle ngamaphesenti angu-0.74 unyaka nonyaka.
Kodwa-ke, i-Chongqing Beer kanye ne-Yanjing Beer kusadingeka “ukunqoba amadolobha” ohlelweni lukabhiya osezingeni eliphezulu ngokutshala imali ezindlekweni zemakethe, kanye nezindleko phakathi naleso sikhathi zombili zikhuphuka unyaka nonyaka. Phakathi kwazo, izindleko zokuthengisa zika-Chongqing Beer zikhuphuke cishe ngamaphesenti angu-8 unyaka nonyaka zaya kuma-yuan ayizigidi eziyizinkulungwane ezingu-1.155, futhi izindleko zokuthengisa zikabhiya wase-Yanjing zikhuphuke ngaphezu kuka-14% unyaka nonyaka zafinyelela kumayuan ayizigidi ezingu-792.
Umbiko wocwaningo we-Zheshang Securities ngo-August 22 wabonisa ukuthi ukunyuka kwemali engenayo kabhiya engxenyeni yesibili kwakubangelwa ikakhulukazi ukunyuka kwenani lethani elethwe ukuthuthukiswa kwesakhiwo kanye nokwenyuka kwentengo, kunokuba ukukhula kokuthengisa. Ngenxa yokuncipha kwezindleko zokuphromotha nokuphromotha ungaxhunyiwe ku-inthanethi phakathi nobhadane.
Ngokombiko wocwaningo we-Tianfeng Securities ngo-Agasti 24, imboni kabhiya ilandisa ngenani eliphezulu lezinto zokusetshenziswa, futhi amanani entengo yempahla eningi akhuphuke kancane kancane kusukela ngo-2020. engxenyeni yesibili neyesithathu yalo nyaka, futhi iphepha likathayela liyimpahla yokupakisha. , amanani e-aluminium kanye nezingilazi ngokusobala axegekile futhi ehla, futhi intengo yebhali ethengwa kwamanye amazwe isesezingeni eliphezulu, kodwa ukunyuka kwehlile.
Umbiko wocwaningo okhishwe yiChangjiang Securities ngo-Agasti 26 ubikezela ukuthi ukuthuthukiswa kwenzuzo okulethwa ukukhuphuka kwentengo ye-dividend kanye nokuthuthukiswa komkhiqizo kusalindeleke ukuthi kuqhubeke ukufezeka, kanye nokunwebeka kwenzuzo okubangelwa ukwehla okuncane kwamanani entengo yezinto zokusetshenziswa njenge izinto zokupakisha kulindeleke ukuthi zithole okwengeziwe engxenyeni yesibili yonyaka nonyaka ozayo. zindla.
Umbiko wocwaningo we-CITIC Securities ngo-Agasti 26 wabikezela ukuthi i-Tsingtao Brewery izoqhubeka nokugqugquzela ukukhiqizwa okuphezulu. Ngaphansi kwesizinda sokunyuka kwentengo nokuthuthukiswa kwesakhiwo, ukukhuphuka kwenani lethani kulindeleke ukuthi kususe ingcindezi ebangelwa ukukhuphuka kwezindleko zezinto zokusetshenziswa. Umbiko wocwaningo lwe-GF Securities ngo-Agasti 19 uveze ukuthi imboni kabhiya yaseChina esezingeni eliphezulu isesigabeni sokuqala. Ngokuhamba kwesikhathi, inzuzo ye-China Resources Beer kulindeleke ukuthi iqhubeke nokuba ngcono ngaphansi kokusekelwa kokuthuthukiswa kwesakhiwo somkhiqizo.
Umbiko wocwaningo lweTianfeng Securities ngo-Agasti 24 uveze ukuthi imboni kabhiya isithuthuke kakhulu inyanga nenyanga. Ngakolunye uhlangothi, ngokudamba kwesifo esiwumqedazwe kanye nokuthuthukisa ukuzethemba kwabathengi, ukusetshenziswa kwesigcawu sesiteshi esesilungele ukuphuzwa sekufudumala; Ukuthengisa kulindeleke ukuthi kusheshise. Ngaphansi kwesisekelo esiphansi esiphelele ngonyaka odlule, uhlangothi lokuthengisa kulindeleke ukuthi lugcine ukukhula okuhle.
Isikhathi sokuthumela: Aug-30-2022