- Luzhou Laojiao reported a net income of 7.66 billion yuan for the first half of the year, representing a decline of 4.5% compared to the same period last year. The net income fell short of the expected 7.77 billion yuan.
- Revenue reached 16.45 billion yuan, which was a decrease of 2.7% year over year, missing the estimated revenue of 16.62 billion yuan.
- Mid- and high-end baijiu products generated revenue of 15.05 billion yuan, showing a slight decline of 1.1% compared to the previous year.
- Revenue from other baijiu products declined significantly by 17%, totaling 1.35 billion yuan.
- The company’s net income decreased by 4.54%.
- The gross margin on liquor products was 87.2%, down from 88.7% in the previous year.
- Market analysts have 32 buy recommendations, 7 hold recommendations, and 1 sell recommendation on the company’s stock.
A look at Luzhou Laojiao Co Ltd A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
With a solid outlook for Luzhou Laojiao Co Ltd A, the company seems to be in a good position for long-term growth. According to Smartkarma Smart Scores, Luzhou Laojiao Co Ltd A scored high in dividend and resilience, suggesting a strong ability to weather market fluctuations and provide consistent returns to investors. Additionally, its growth score indicates promising potential for expanding its operations and increasing revenue. While momentum scored lower, the overall outlook remains positive due to the company’s robust performance in value and other key factors.
Luzhou Laojiao Co Ltd A, a company known for manufacturing and selling spirits products globally, also diversifies its business interests by producing glass products, managing hotels, and investing in real estate. With strong scores in dividend, growth, and resilience, Luzhou Laojiao Co Ltd A demonstrates its ability to maintain stability and generate returns for its stakeholders over the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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