食品饮料周报(24年第11周)：白酒淡季商务需求企稳板块即将进入年报验证窗口期

国信证券股份有...03-27

本周食品饮料板块下跌0.87%，跑输上证指数0.65pct。本周食品饮料板块涨幅前五分别为华统股份(18.98%)、李子园(15.14%)、安德利(12.02%)、科拓生物(8.58%)和古井贡酒(8.56%)白酒：白酒淡季商务需求企稳，板块即将进入年报验证窗口期。1-2 月宏观经济数据好于预期，白酒板块外部需求环境环比转暖，后续仍需产业层面的数据验证。从淡季看，商务需求随着开工率的提升，环比和...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2422095320?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2024-03-27 00:00","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2422095320","market":"hk","top_or_hot":-1,"title":"食品饮料周报(24年第11周)：白酒淡季商务需求企稳 板块即将进入年报验证窗口期","media":"国信证券股份有...","content":"<div>\n<p>本周食品饮料板块下跌0.87%，跑输上证指数0.65pct。本周食品饮料板块涨幅前五分别为华统股份(18.98%)、李子园(15.14%)、安德利(12.02%)、科拓生物(8.58%)和古井贡酒(8.56%)白酒：白酒淡季商务需求企稳，板块即将进入年报验证窗口期。1-2 月宏观经济数据好于预期，白酒板块外部需求环境环比转暖，后续仍需产业层面的数据验证。从淡季看，商务需求随着开工率的提升，环比和...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2024032715522687bb5a45&s=b\">网页链接</a>\n\n</div>\n","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>食品饮料周报(24年第11周)：白酒淡季商务需求企稳 板块即将进入年报验证窗口期</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n食品饮料周报(24年第11周)：白酒淡季商务需求企稳 板块即将进入年报验证窗口期\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-27 00:00 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2024032715522687bb5a45&s=b><strong>国信证券股份有...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>本周食品饮料板块下跌0.87%，跑输上证指数0.65pct。本周食品饮料板块涨幅前五分别为华统股份(18.98%)、李子园(15.14%)、安德利(12.02%)、科拓生物(8.58%)和古井贡酒(8.56%)白酒：白酒淡季商务需求企稳，板块即将进入年报验证窗口期。1-2 月宏观经济数据好于预期，白酒板块外部需求环境环比转暖，后续仍需产业层面的数据验证。从淡季看，商务需求随着开工率的提升，环比和...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2024032715522687bb5a45&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1720050803.USD","symbol_name":"安联全方位中国股票基金","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2024032715522687bb5a45&s=b","article_id":"2422095320","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2024032715522687bb5a45&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2422095320","pubTimestamp":1711468800,"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"本周食品饮料板块下跌0.87%，跑输上证指数0.65pct。本周食品饮料板块涨幅前五分别为华统股份、李子园、安德利、科拓生物和古井贡酒白酒：白酒淡季商务需求企稳，板块即将进入年报验证窗口期。白酒板块3 月底即将进入年报密集披露期，建议关注业绩存在高增的潜在标的。","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"80291":"华润啤酒-R五百","83189":"易方达白酒-R","600519":"贵州茅台","600809":"山西汾酒","603198":"迎驾贡酒","603369":"今世缘","LU1720050803.USD":"安联全方位中国股票基金","IE0008368742.USD":"首域中国增长基金I Acc","00291":"华润啤酒-五百","BK1570":"华润系","CRHKY":"华润啤酒ADR","BK1521":"挪威政府全球养老基金持仓","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","BK1610":"ETF&股票定投概念","BK1578":"个体经济","SG9999006514.SGD":"United Asia Consumer Fund SGD","IE00B5MMRT66.SGD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (SGDHDG) ACC","LU1328615791.USD":"FULLERTON LUX FUNDS - ALL CHINA EQUITIES \"I\" (USD) ACC","IE00B543WZ88.USD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (USD) ACC","BK1180":"啤酒酿造商","BK1510":"啤酒","LU0359201612.USD":"贝莱德中国基金A2","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","BK1589":"北水核心资产","03189":"易方达白酒","BK1583":"高瓴概念","BK1604":"节假日概念"},"translate_title":"Food and Beverage Weekly Report (11th Week of 24 Years): The stabilization of business demand in the off-season of liquor is about to enter the annual report verification window","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"80291":0.6,"83189":0.9,"600519":0.9,"600809":0.9,"603198":0.9,"603369":0.9,"03189":0.9,"00291":0.9,"CRHKY":0.6},"content_text":"本周食品饮料板块下跌0.87%，跑输上证指数0.65pct。本周食品饮料板块涨幅前五分别为华统股份(18.98%)、李子园(15.14%)、安德利(12.02%)、科拓生物(8.58%)和古井贡酒(8.56%)白酒：白酒淡季商务需求企稳，板块即将进入年报验证窗口期。1-2 月宏观经济数据好于预期，白酒板块外部需求环境环比转暖，后续仍需产业层面的数据验证。从淡季看，商务需求随着开工率的提升，环比和同比层面均有不同程度的修复，因此我们发现普五、国窖1573 批价短期较为坚挺。从行业层面看，白酒行业整体量减价增的趋势依然延续。中国酒协数据显示，2023 年白酒行业实现总产量629 万千升，同比下滑5.1%；完成销售收入7663 亿元，同比增长9.7%；实现利润总额2328 亿元，同比增长7.5%。春糖期间，上市主流酒企均有新品发布动作，例如洋河股份推动梦之蓝·手工班战略升级，泸州老窖在成都发布宴席版特曲60 版·红60 等。白酒板块3 月底即将进入年报密集披露期，建议关注业绩存在高增的潜在标的。个股推荐方面，持续推荐品牌力深厚、产品体系抗周期的贵州茅台、山西汾酒，管理禀赋突出的泸州老窖，继续受益于区域消费升级的洋河股份、古井贡酒、迎驾贡酒、今世缘；关注改革性标的五粮液等。大众品：建议把握消费需求复苏，推荐具有经营韧性的标的。啤酒：华润啤酒披露2023 年业绩，分红比例提升。速冻食品：春节餐饮消费氛围浓厚，年夜饭预制菜礼盒动销良好。休闲食品：春糖零食品类氛围浓厚，预计量贩渠道逐渐入差异化竞争阶段。调味品：复苏节奏分化，复合调味品、零添加赛道延续高景气。乳制品：春糖部分新品类关注度较高。软饮料：饮料品类中无糖茶、果汁汽水、果汁、植物蛋白饮品等品类较为热门。投资建议：本周推荐组合为贵州茅台、山西汾酒、洋河股份、泸州老窖、古井贡酒、迎驾贡酒、今世缘、青岛啤酒、华润啤酒、燕京啤酒、天味食品、中炬高新、安井食品、千味央厨、劲仔食品、甘源食品。风险提示：需求恢复不及预期，成本大幅上涨，行业竞争加剧。","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2422095320"}

食品饮料周报(24年第11周)：白酒淡季商务需求企稳 板块即将进入年报验证窗口期

精彩评论

食品饮料周报(24年第11周)：白酒淡季商务需求企稳板块即将进入年报验证窗口期