Statistics from Upstream News reporters learned that as of the closing on September 30, 2022, Jinzhongzi Liquor was 35.42%, Gujing Gong Liquor was 12.47%, and Yanghe Shares -2.21%, ranking among the top three respectively.

Liquor stocks are stars in the capital market, and Moutai is the largest market value of A shares .

20 liquor A-share listed companies perform in the first three quarters of this year?

Upstream News reporters learned that as of the closing on September 30, 2022, Jinseed Wine 35.42%, Gujing Gongjiu 12.47%, and Yanghe Co., Ltd. -2.21%, ranking the top three respectively in the increase.

Sichuan and Anhui have 4 liquor A-share

Upstream News reporters have learned that there are 20 liquor A-share listed companies in my country. Since the first launch of Jinhui Liquor in 2016, there have been no listed companies that have first-launched.

Among them, 12 companies on the Shanghai Stock Exchange, namely Kweichow Moutai , Shanxi Fenjiu , Jinshiyuan, Kouzijiao, Yingjiagongjiu , Laobaigan wine , Shuijingfang , Shede wine industry , Jinhui wine, Jinzhongzi wine, Yilite , and Yanshi shares; Shenzhen Stock Exchange, 8 companies are Wuliangye , Yanghe shares, Shunxin Agriculture , Luzhou Laojiao , Gujing gong wine, Jiugui wine , *ST Huangtai , and Tianyoude wine.

From a regional perspective, there are 4 stores in Sichuan and Anhui, 2 stores in Jiangsu and Gansu, and 1 store in Guizhou, Beijing, Shanghai, Hebei, Shanxi, Xinjiang, Qinghai and Hunan.

In the first three quarters of 2022, the overall performance in 2022 was poor. Only 2 of the 20 liquor stocks had positive gains, while 10 had fallen by more than 20%.

Kweichow Moutai and Wuliangye ranked fifth and -22.95% (-16.19% in the third quarter) respectively, ranking eleventh. Jinzhongzi Wine, which was losing money in

, rose 35.42%, ranked first in

Upstream News reporters learned that on September 30 this year, Jinzhongzi Wine closed at 22.90 yuan, with a dynamic price-to-earnings ratio loss, with a total market value of 15.064 billion yuan. This year, the increase reached 35.42%, ranking first in liquor A-shares.

Jinzhongzi wine, Gujing Gongjiu, Kouzijiao and Yingjia Gongjiu are the four giants of Huijiu.

In the first half of 2022, Gujing Gongjiu, Kouzijiao, Yingjia Gongjiu and Jinzhongziu Liquor achieved revenue of 9.002 billion yuan, 2.297 billion yuan, 2.53 billion yuan and 602 million yuan respectively.

According to the research report data of Ping An Securities , based on the market size of Anhui liquor, Jinzhongzi wine accounts for 1.8% of the provincial market share, lower than Gujing Gongjiu 21.8%, Kouzijiao 9.6% and Yingjia Gongjiu 6.1% of the market share.

China Resources Group became the second largest shareholder of Jinzhongzi Liquor Group (accounting for 49%) in 2022, causing the stock price of Jinzhongzi Liquor to rise sharply.

The current addition of China Resources has not yet turned Jinzhongzi Liquor into profits. In the first half of 2022, Jinzhongzi Liquor's operating income was 602 million yuan, a year-on-year increase of 10.39%; a loss of 55.0802 million yuan, a year-on-year increase of 43.63%; a net profit excluding non-net profit was 67.6732 million yuan, a year-on-year increase of 38.76%.

Combined with the losses in 2019, 2020 and 2021, Jinzhongzi Liquor's non-net profit has been losing three and a half consecutive years, with a total loss of more than 600 million yuan.

Gujing Gongjiu rose 12.47% to rank second in

Upstream News reporters learned that Gujing Gongjiu is not only the leader of the "four giants" of Huijiu, but also one of the old "eight famous wines".

As of the close of September 30, Gujing Gongjiu closed at 271.95 yuan, with a dynamic price-to-earnings ratio of 37.46, and a total market value of 143.753 billion yuan. This year, the second largest increase in liquor A-shares.

Gujing Gongjiu achieved operating income of 9.002 billion yuan in the first half of 2022, an increase of 28.46% year-on-year; net profit attributable to shareholders of listed companies was 1.919 billion yuan, an increase of 39.17% year-on-year.

Among them, in the second quarter, Gujing Gongjiu achieved operating income of approximately 3.728 billion yuan, a year-on-year increase of 29.55%; and achieved net profit attributable to shareholders of listed companies of approximately 820 million yuan, a year-on-year increase of 45.32%.

Tonghuashun data shows that from 2016 to 2021, the net sales profit margins of Gujing Gongjiu were 14.13%, 17.01%, 20.04%, 20.71%, 17.95% and 17.89% respectively. In terms of net profit margin, Gujing Gongjiu began to grow in 2016, reaching its peak of 20.71% in 2019, and then began to decline to 17.89% in 2021.

Yanghe shares ranked third with -2.21%

Yanghe Co., Ltd.'s operating income in the first half of 2022 was 18.908 billion yuan, an increase of 21.65% year-on-year; the net profit attributable to shareholders of listed companies was 6.893 billion yuan, an increase of 21.76% year-on-year; the net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses of , , an increase of 28.5% year-on-year.

semi-annual report shows that of the 6.9 billion yuan net profit, only 350 million comes from investment and financial management, and the proportion continues to decline, from 32% in 2020 to 5% in the first quarter of 2022, the company's profit quality has improved significantly.

Shunxin Agriculture is the first decline

Upstream News reporters learned that as of the close of September 30, Shunxin Agriculture closed at 19.91 yuan, with a corresponding dynamic price-to-earnings ratio loss, a turnover rate of 1.11%, and a total market value of 14.769 billion yuan, a decrease of 47.82% this year, which is the first decline in liquor A-shares.

Shunxin Agriculture's operating income in the first half of 2022 was approximately 6.519 billion yuan, a year-on-year decrease of 29.07%; net profit was approximately 39.978 million yuan, a year-on-year decrease of 91.6%; basic earnings per share 0.0539 yuan, a year-on-year decrease of 91.6%.

In the first half of 2022, the company's liquor industry was affected by the epidemic, and some core marketing slowed down, leaving room for product structure adjustment. Sales volume decreased compared with the same period last year. During the reporting period, it achieved operating income of 4.91 billion yuan, a year-on-year decrease of 24.88%.

The liquor industry is Shunxin Agriculture’s primary source of income, accounting for 75.32% of its operating income. From January to June 2022, the liquor industry achieved revenue of 4.91 billion yuan, a year-on-year decrease of 24.88%. Gross profit margin increased by 5.34 percentage points year-on-year to 40.96%.

Shunxin Agriculture’s liquor is divided into three levels: high, medium and low. Products with prices of 50 yuan/500ml and above are high-end wines, products with prices of 10 yuan/500ml and above and below 50 yuan/500ml are medium-end wines, and the rest are low-end wines.

high-end wine is classic Erguotou , a century-old Niulanshan, Kuisheng series; mid-range wine is treasure, gold-label aged, and Niulanshan No. 1 series; low-end wine is aged and traditional Erguotou.

During the reporting period, the company's high, medium and low liquors achieved revenue of 356 million yuan, 732 million yuan and 3.821 billion yuan, respectively, down 55.2%, 4.25% and 23.2% year-on-year respectively. High-end liquor revenue fell the most.

There was a rise in the third quarter range

Upstream News reporters learned that Gujing Gongjiu 8.93%, Luzhou Laojiao-5.19%, and Shanxi Fenjiu-6.75% respectively ranked among the top three in the third quarter of 2022 (July to September) range gains.

Gujing Gongjiu, as the only company with a positive increase in the third quarter of 2022, rose 8.93%, ranking first in liquor A-share companies.

As of the close of September 30, Luzhou Laojiao closed at 230.66 yuan, corresponding to a dynamic price-to-earnings ratio of 36.66 times, a turnover rate of 0.36%, and a total market value of 339.5 billion yuan. The increase in the third quarter of this year fell by 5.19%, ranking second in the third quarter of 2022 of liquor A-shares.

In the first half of 2022, Luzhou Laojiao achieved operating income of 11.664 billion yuan, a year-on-year increase of 25.19%; and achieved net profit attributable to shareholders of listed companies of 5.532 billion yuan, a year-on-year increase of 30.89%. Both revenue and net profit achieved double-digit growth.

and achieved operating income of 6.312 billion yuan in the first quarter of this year, an increase of about 26% year-on-year; the net profit attributable to shareholders of listed companies was approximately 2.876 billion yuan, an increase of 32.72% year-on-year. In the second quarter, revenue was approximately RMB 5.352 billion, a year-on-year increase of 24.09%; net profit was RMB 2.656 billion, a year-on-year increase of 28.97%. It can be seen that the revenue and net profit in the first and second quarters both reached double-digit growth.

In the third quarter of 2022, there were only one company with a positive increase, and the remaining 19 companies all had a decline, and 7 companies had a decline of more than 20%.

is Yilit -23%, Tianyoude Wine -23.92%, Shunxin Agriculture -25.76%, Jinhui Wine -27.04%, Shuijingfang -31.67%, Shede Wine -31.77% and Jiugui Wine -31.90%.

Upstream News Reporter Liu Yong Intern Zhang Bilan