Source: Shanghai Securities News
On the evening of October 22, Guizhou Moutai disclosed the third quarterly report as scheduled.
According to the data, in the first three quarters, Guizhou Moutai achieved operating income of 74.642 billion yuan, an increase of 11.05% year-on-year; achieved a net profit attributable to the mother of 37.266 billion yuan, an increase of 10.17% year-on-year, more than 1 percentage point higher than the year-on-year growth rate of net profit in the first half of this year, and returned to double digits.
In a single quarter, in the third quarter of this year, Guizhou Moutai achieved operating income of 25.554 billion yuan, an increase of 9.86% year-on-year; and net profit attributable to the mother of 12.612 billion yuan, an increase of 12.35% year-on-year.
In terms of channel reform, Moutai's direct sales still maintain a relatively high growth rate. According to the third quarterly report, according to the channels, the direct sales channel revenue of Guizhou Moutai was 14.685 billion yuan and the wholesale channel revenue was 59.847 billion yuan, an increase of 74.14% and 1.93% respectively year-on-year. In the same period of 2020, the revenue of these two channels was 8.433 billion yuan and 58.713 billion yuan, respectively.
In the first three quarters of this year, the number of domestic dealers in Moutai in Guizhou increased by 62, a decrease of 13, and the number of foreign dealers remained unchanged at 104. Moutai said that the increase in the above data is mainly the distributors of the sauce series of wine, and the decrease is mainly the distributor of Moutai wine.
From the perspective of sales, from the beginning of the year to the end of the reporting period, the revenue of Moutai wine was 64.992 billion yuan, and the series of wines was 9.54 billion yuan.
According to the third quarterly report, the amount of cash flow generated by operating activities in Guizhou Moutai in the first three quarters was 36.752 billion yuan, an increase of 46.36% year-on-year, mainly due to the collection of goods sold in the current period and the increase in the funds absorbed by the group's financial companies from other member units of the group.
It is worth noting that compared with the recovery of Moutai in terms of profit growth, northbound funds have chosen to reduce their holdings.
Judging from the changes in the shareholder list, in the third quarter, the number of shares held by the company's second largest shareholder, Hong Kong Securities Clearing Company Limited, was 88.617 million shares, down about 7.2636 million shares from the end of the second quarter, and the shareholding ratio fell from 7.63% at the end of the first half of the year to 7.05%.
At the same time, the number of shares held by China Merchants CSI Baijiu Index Graded Securities Investment Fund, investment fund Jinhui Rongsheng No. 3 Private Securities Investment Fund and Ruifeng Huibang No. 3 Private Securities Investment Fund increased to varying degrees compared with the end of the second quarter. In addition, the newly acquired tenth largest shareholder of the SSE 50 et al.-traded open-ended index securities investment fund held about 4.479 million shares as of the end of the third quarter.
On October 22, Guizhou Moutai closed up 3.09%, and the stock price was reported at 1901 yuan, recovering the 1900 yuan mark.