Maotais share price soared again, but the first half of the years food and drink plates rise is not it

category:Finance
 Maotais share price soared again, but the first half of the years food and drink plates rise is not it


According to Wande data, as of this mornings closing, liquor plate rose 6.95%, ranking first among all sectors.

In the first half of 2020, the domestic consumer industry has been shrouded in the shadow of the epidemic. With the gradual control of the epidemic situation and the release of domestic consumption demand, the performance of the food and beverage industry plate is still bright. The rise of liquor stocks in the second half of the year also continued the good trend of the whole food and beverage sector in the first half of the year.

Nine stock markets worth more than 100 billion yuan

Since the beginning of the year, food and beverage plate has become the main force of consumption plate in the first half of the year. According to Shenwan data, in the first half of 2020, the food and beverage sector as a whole rose by 21.6%, ranking second in the industry, next only to 36.8% in the pharmaceutical sector.

As of the end of June 30, the overall market value of the food and beverage sector increased by about 1049.4 billion yuan compared with the beginning of the year.

In terms of market value, according to time financial statistics, 9 stocks with a market value of more than 100 billion yuan in the first half of the year have reached 9. Guizhou Maotai ranked first with the market value of 1.84 trillion yuan, which also ranked first in the market value of A-share listed companies. Wuliangye (000858. SZ) and Haitian flavor industry (603288. SH) ranked second and third in the food and beverage sector with the market value of 664.29 billion yuan and 441.76 billion yuan respectively.

Price performance chart of 99 food and beverage stocks in the first half of the year

In terms of industries, in the first half of the year, the growth rate of meat products, condiments, food and other sectors was 45.5%, 42.6%, 40.3% and 9%, respectively, in the food and beverage sector. Although it outperformed the market, it was the bottom of the growth.

For the reasons for the low rise of dairy products, Kaiyuan Securities said on June 30 that since the outbreak of the new crown, consumers have been isolated at home, and the flow of customers in stores and the activities of visiting relatives and friends have decreased, which has affected the sales of dairy products.

Dairy enterprises share price performance in the first half of the year

Yang Delong, chief economist of Qianhai open source fund, said in an interview with time finance and Economics on July 1 that although the performance of the consumer service industry declined significantly due to the impact of the epidemic in the first half of the year, the liquidity in the first half of the year was relatively loose, and the trend of residents savings transferring to the capital market was also obvious. The performance of the food and beverage industry is relatively stable. The epidemic only affects the short-term performance of enterprises, but does not affect their valuation.

On the same day, Liu Shengyu, a management partner of Gaohe investment, told time finance that from the supply chain to the consumer side, the impact of the epidemic on the food and beverage sector was not great. At the same time, all over the country are encouraging residents to consume, which also makes the performance of the food and beverage sector have strong certainty.

China construction investment research reported that affected by the epidemic, the overall risk preference of the market was reduced, and the food sector was favored by funds because of the certainty of its performance growth. At the same time, with the effective control of the epidemic situation in the second half of the year, the market sentiment and the performance fluctuation of listed companies will become stable, and the industry investment logic will return to the main line.

In the food and beverage sector, liquor stocks with stable performance are favored by investors. According to Wande data, in the first half of this year, the liquor sector rose by 23.04%, outperforming the market. 2. Since March, listed liquor enterprises have set off a round of soaring market.

According to the statistics of time finance and economics, in the first half of this year, except st Huangtai, which failed to resume trading, the stock prices of 15 listed liquor companies rose, of which Jiugui Liquor ranked first with an increase of 120%, and Shanxi Fenjiu rose by 65.7%, ranking second. Wuliangye, the third largest gainer, rose 34.2%, while Guizhou Maotai, the King of a shares, rose 26.5% in the first half of the year.

After novel coronavirus pneumonia, why does liquor share price gain a big increase?

According to the analysis of CDB securities, under the epidemic situation, the market risk has increased, and the funds have chosen to group food and drink plate, while the competition pattern of liquor plate is relatively stable and there is room for growth, so it is more attractive.

18 listed liquor companies share price performance in the first half of the year

In fact, the recent performance of these two enterprises is not satisfactory.

The performance of Yanghe and Kouzijiao is expected to be average compared with the benchmark brands Wuliangye, Luzhou Laojiao and Gujing gongjiu, which may be one of the main reasons for their unsatisfactory performance in the capital market this year. At the same time, Yanghe and Kouzijiao are in the adjustment period after the rapid growth of performance. In addition, the East China market where these two liquor enterprises are located is squeezed and the competition intensity is increased, so the performance is not as outstanding as other enterprises. Cai Xuefei said on the financial analysis of the times.

It is worth noting that in the first half of the year, the food and beverage sector ended up with the rise of floating red. On the first day of the second half of the year, liquor stocks rose strongly again, leading the two markets. Driven by liquor stocks, the entire food and beverage sector rose 3.26% as of the end of the morning. Since the second half of the year, will the food and beverage sector continue to grow? Liu Shengyu said that in recent trading days, the food and beverage sector led by liquor has risen sharply, and the market will gradually form a consensus expectation, with a trend of holding together. However, the food and beverage sectors recent rise is relatively high, so there is also the possibility of technical adjustment. Yang Delong told time finance and economics that consumer goods have long-term investment value. Meanwhile, the stock market in the second half of the year is expected to gradually shift from a partial bull market to a full bull market, and food and beverage stocks with stable performance can continue to hold. Source: time weekly editor: Yang Bin_ NF4368

It is worth noting that in the first half of the year, the food and beverage sector ended up with the rise of floating red. On the first day of the second half of the year, liquor stocks rose strongly again, leading the two markets. Driven by liquor stocks, the entire food and beverage sector rose 3.26% as of the end of the morning.

Since the second half of the year, will the food and beverage sector continue to grow?

Liu Shengyu said that in recent trading days, the food and beverage sector led by liquor has risen sharply, and the market will gradually form a consensus expectation, with a trend of holding together. However, the food and beverage sectors recent rise is relatively high, so there is also the possibility of technical adjustment.

Yang Delong told time finance and economics that consumer goods have long-term investment value. Meanwhile, the stock market in the second half of the year is expected to gradually shift from a partial bull market to a full bull market, and food and beverage stocks with stable performance can continue to hold.