Kweichow moutai after a new high of 1240 yuan, recently feitian moutai market price stable

On November 14, kweichow moutai ( shares hit a record intraday high. Kweichow moutai's shares hit a record high of 1,240 yuan at around 10:32 a.m. By the morning close, kweichowKweichow moutai after a new high of 1240 yuan, recently feitian moutai market price stable插图 moutai was at 1235.09 yuan per share, up 0.91 percent, with a total market value of 1.55 trillion yuan.

This price has broken the most previous brokerage price target.

On the morning of November 14, the liquor sector as a whole rose 1.58%, among which shunxin agriculture (, shanxi fen wine (, shude wine ( and jiujiu wine ( were among the top risers.

In the past singles' day, Tmall put 80,000 bottles of flying maotai on the market in three batches with the price of 1,499 yuan per bottle. Suning released 74,000 bottles of flying moutai on the day of November 11.Kweichow moutai after a new high of 1240 yuan, recently feitian moutai market price stable插图(2)

After the lively, recently feitian moutai market price stable, the original case price 2300 yuan/bottle, bulk bottles 2000 yuan/bottle, the market price gap in 50 yuan or so. January Spring Festival season is approaching, when the market price or will usher in a certain rise.Kweichow moutai after a new high of 1240 yuan, recently feitian moutai market price stable插图(3)

"The price of a loose bottle of moutai dropped a little during singles day, but not as much as during Mid-Autumn festival," said MAO fen office, a WeChat company that has been monitoring moutai prices for a long time. Current flying sky price is relatively low, the cost price of a lot of channels is basic in 1900 yuan -2000 yuan range (bulk); Double eleven is expected to be the last such a large amount of supply this year. In addition, recent price performance has been relatively stable due to the expectation of price increases and price increases during the New Year and Spring Festival."

As for the New Year's Spring Festival price increase, "MAO fen office" said: "even if the price increase before the end of the year, the space and strength may not be big, this year's very easy to get the results of price control, the winery can not fall short."

After entering the third quarter of this year, the price of flying sky moutai, which had been rising continuously before, started to fall back and become stable. After the sharp decline of the price before National Day, the price of flying sky moutai has been stable since mid-october.

On October 24, moutai group held the economic operation analysis meeting from January to September 2019. From January to September, moutai group realized the year-on-year growth of industrial output value of 15.7% and completed 71.2% of the annual plan. Total operating revenue increased 16.8% year on year and achieved 70.9% of the annual plan; Net profit rose 19.5 per cent year on year, fulfilling 73.1 per cent of the annual plan.

By 2019, moutai will reach the target of 100 billion yuan.

Late October 15, guizhou maotai is released in 2019 in the third quarter report, 1 month - in September this year, guizhou maotai business revenue of 60.935 billion yuan, up 16.64% from a year earlier, attributable to shareholders of listed companies net profit of 30.455 billion yuan, up 23.13% from a year earlier, during the period of business activities generated cash flow net amount is 27.315 billion yuan, down 3.21% year-on-year.

In the third quarter, kweichow moutai slowed down its efforts to reduce dealers. According to kweichow moutai's data disclosure in the third quarter, during the reporting period, there were 2,401 domestic dealers, 30 more from the beginning of the year to the end of the reporting period, and 616 fewer from the beginning of the year to the end of the reporting period. There are 106 foreign dealers, 3 more from the beginning of the year to the end of the reporting period, and 12 fewer from the beginning of the year to the end of the reporting period.

According to galaxy securities, in the first three quarters of 2019, kweichow moutai decreased 122 domestic moutai dealers, including 39 in the first quarter, 60 in the second quarter and 23 in the third quarter. In the first three quarters, the company reduced 494 wine distributors and added 30.

According to galaxy securities, kweichow moutai's direct sales accounted for 5.10% in the first three quarters of 2019, down from 7.41% in the first three quarters of 2018. For the whole year of 2018, kweichow moutai's direct sales accounted for 5.95%.




















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