GLONGHUI, April 29 | According to the Guolian Securities Research Report, Kweichow Moutai (600519.SH)'s Q1 revenue increased 18.11% year on year, net profit to mother increased 15.73% year on year, and the total revenue growth rate exceeded the annual guideline. Q1 collected 46.257 billion yuan, an increase of 29.34% over the previous year, with impressive cash repayments. Considering that the company is a leader in the liquor industry, the basic market is stable and the operation control is strong. Referring to comparable company valuations, the company was given 30 times PE in 2024, with a target price of 2088.9 yuan, maintaining a “buy” rating.
研报掘金丨国联证券：贵州茅台Q1收入增速超全年指引，维持“买入”评级
Research Report Nuggets丨League of Nations Securities: Kweichow Moutai's Q1 revenue growth rate exceeds the annual guideline, maintaining a “buy” rating
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.