Editor / Futu Information Golden Forest
In terms of market capitalization, a person who sells a bottle of liquor for thousands of yuan is really not as good as a person who sells cola for only a few yuan.
In A shares, it is thought that the largest beverage consumption stock may be Guizhou Moutai, which currently has a market capitalization of about 1.2 trillion yuan.
In the United States, the best-known beverage consumer stock is Coca-Cola Company, which currently has a market capitalization of about $220 billion (1.5 trillion yuan).
Source: Futu Securities
One Coke seller is equal to about 1.25 spirits sellers.
Tomorrow, Coca-Cola Company will release the second quarter financial report. Can this financial report cheer investors up?
Buffett's fourth largest stock, with a net profit of more than 10 billion in a quarter.
Coca-Cola Company was born in the United States in 1886 and is now the world's largest beverage company. Coca-Cola Company has been on the cover of time magazine, in space, and endorsed by the god of shares. Coca-Cola Company is famous all over the world.
Recently, Coca-Cola Company's share price has reached an all-time high. Coca-Cola Company has been bullish for nearly 20 years:
Source: Futu Securities
Here is an account for Buffett, the god of shares. At present, Coca-Cola Company is the fourth largest stock (accounting for 9.4% of the total position). At the same time, Buffett is also Coca-Cola Company's largest shareholder, holding 400 million shares, with a total market capitalization of more than $20 billion (140 billion yuan) at the current $51.39 per share, compared with $18.7 billion (128.8 billion yuan) at the end of the first quarter. In other words, Buffett made a net profit of more than 10 billion yuan in one quarter.
Source:Whalewisdom
Business focus: new business is the highlight
With the popularization of the concept of healthy life, the sales of carbonated drinks are gradually declining. Data show that China's carbonated beverage production has been negative for three consecutive years after reaching a peak of 18.1 million tons in 2014. This can also be illustrated by Coca-Cola Company's performance. Coca-Cola Company's total revenue fell 10 per cent in 2018 compared with the same period last year.
Nowadays, new substitutes for addictive products such as tobacco and cola have emerged one after another in recent years. Tobacco companies continue to introduce tobacco with lower nicotine content and vigorously promote e-cigarettes, while Coca-Cola Company and PepsiCo Inc are introducing healthy alternatives such as diet cola.
What's more, Coca-Cola Company is going to sell coffee. He bought Costa, a British coffee chain, for $5.1 billion last year to enter the coffee market, and will launch a new product, Coca-Cola Company Coffee (Coca-Cola Coffee), in 25 markets around the world by the end of the year.
At present, in addition to soda, Coca-Cola Company also provides a full range of beverage products, including fruit juice, water, tea, coffee, dairy drinks, functional drinks, sports drinks and so on.
And these new business new products, will also be the most important growth point of Coca-Cola Company.
Review of the last quarter: revenue grew by 5%, helping share prices hit record highs
Last quarter, Coca-Cola Company's revenue rose 5 per cent to $8.02 billion (exceeding expectations of $7.88 billion).
Net profit was $1.68 billion, up from $1.33 billion in the same period last year.
Revenue growth was mainly due to a 6 per cent increase in sales of water, enhanced water and sports drinks.
Coca-Cola Company's soda business grew by only 1% last quarter, but its Coca-Cola Company zero-sugar drink has achieved double-digit growth for six consecutive quarters.
After the release of the financial results, Coca-Cola Company's share price continued to hit a new high.
Performance outlook
In this year's first-quarter report, Coca-Cola Company expects full-year earnings per share of between $2.05 and $2.10, and annual revenue growth of about 4 per cent.
Analysts expect Coca-Cola Company's Q2 revenue to be $9.966 billion, up 11.9% from a year earlier, or 16.1%, according to Bloomberg data.
Source: Bloomberg
In terms of ratings, a total of 30 analysts were rated, including 13 buy ratings, 16 hold ratings and 1 sell rating, with a comprehensive target price of $52.87 (the current price is $51.39).
Source: Bloomberg
For Coca-Cola Company's financial report tomorrow, will it be unbeatable at the top, or will he climb the peak bravely? The answer is about to be revealed.