Tsingtao Beer closed with a closing price of 91.86 yuan. The stock rose and fell at 10:03, opened the limit 8 times, and the closing order was 5.1525 million yuan, accounting for 0.01% of its circulating market value.
In terms of capital flow data, the net inflow of main funds on the day was 256 million yuan, the net inflow of floating funds was 198 million yuan, and the net outflow of retail funds was 94.6939 million yuan. A list of capital flows in the past 5 days can be found in the following table:
The stock is beer, Shandong state-owned enterprise reform, sports industry concept hot stock, the beer concept rose 2.57% on the day.
The investment logic of the stock is as follows:
1. The leader of domestic listed beer producers, the official sponsor of the Beijing 2022 Winter Olympic and Paralympic Winter Games, and its "Tsingtao Beer" brand is one of the first ten well-known trademarks in China; the company has 60 wholly-owned and controlled, 2 associated and joint beer production enterprises in China, with more than 200 Qingdao beer bars, accounting for the first place in Shandong, Shaanxi, Shanxi and Hebei; the implementation of the "Qingdao + Laoshan" brand strategy, Qingdao's main brand sales accounted for 49.6%, of which high value-added brand sales accounted for 22.9% The main high-end products are Centennial Journey, Amber Lager, Hongyun Dangtou, August, Classic 1903, Chunsheng, etc.; in 20 years, the annual sales volume was 7.82 million kiloliters, the beer business revenue was 27.76 billion yuan, and the main business accounted for more than 98%
2. The "Tsingtao Beer" brand is one of the first ten well-known trademarks in China, which has a strong brand influence and high popularity in the domestic and foreign markets; during the Russian World Cup football match, Tsingtao Beer joined hands with CCTV and won the advertising space during and before the World Cup match live; in December 2018, Tsingtao Beer joined hands with the Olympic Games again, following the official sponsor of the Beijing 2008 Olympic Games, becoming the official sponsor of the Beijing 2022 Winter Olympic and Paralympic Winter Games
3. The actual controller is Qingdao Beer Group, a subsidiary of Qingdao State-owned Assets Supervision and Administration Commission, which is mainly engaged in the production and sales of beer
From the perspective of financial situation, Tsingtao Beer's 2021 interim report shows that the company's main revenue was 18.291 billion yuan, up 16.66% year-on-year; net profit attributable to the mother was 2.416 billion yuan, up 30.22% year-on-year; deducting non-net profit was 2.158 billion yuan, up 32.99% year-on-year; among them, in the second quarter of 2021, the company's single-quarter main revenue was 9.363 billion yuan, down 0.24% year-on-year; single-quarter net profit attributable to the mother was 1.394 billion yuan, up 5.74% year-on-year. In the single quarter, the non-net profit was 1.248 billion yuan, up 7.42% year-on-year; the debt ratio was 49.25%, the investment income was 59.9489 million yuan, the financial expense was -135.4256 million yuan, and the gross profit margin was 44.4%.
The Securities Star Valuation Analysis Tool shows that Tsingtao Beer (600600) has a good company rating of 4 stars, a good price rating of 2 stars, and a comprehensive valuation rating of 3 stars. In the past 90 days, a total of 27 institutions have given ratings, 22 buy ratings and 5 overweight ratings; the target average price of institutions in the past 90 days has been 103.52; the net outflow of financing in the past 3 months has been 34.496 million, and the balance of financing has decreased; the net inflow of margin is 19.4114 million, and the balance of margin has increased.
This article is compiled by the Securities Star Data Center based on publicly available data and does not constitute investment opinions or suggestions, if there are any problems in the text, please contact us.