股价低迷！投资者追问，五粮液回应

中国基金报05-18

见习记者闻言近日，投资者追问五粮液：“为何近年来股价、业绩增速，均不及山西汾酒、古井贡酒、泸州老窖、贵州茅台等酒企。”投资者追问五粮液背后，担忧其作为曾经的国内白酒龙头，在被贵州茅台超越后，是否还会被其他上市酒企超越。五粮液对此回应，前六大酒企上市公司各有特色，不能仅从增速高低看问题，单股股价较低受“公司总股本在A股白酒企业中排名第一”影响。股价低迷被追问1963年，五粮液首次参加全国评酒大会...

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

MG黄
05-18
MG黄
这就低迷了酱香型科技兴国和你闹呢

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2436784943?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2024-05-18 00:05","share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","id":"2436784943","market":"sh","top_or_hot":-1,"title":"股价低迷！投资者追问，五粮液回应","media":"中国基金报","content":"<div>\n<p>见习记者 闻言近日，投资者追问五粮液：“为何近年来股价、业绩增速，均不及山西汾酒、古井贡酒、泸州老窖、贵州茅台等酒企。”投资者追问五粮液背后，担忧其作为曾经的国内白酒龙头，在被贵州茅台超越后，是否还会被其他上市酒企超越。五粮液对此回应，前六大酒企上市公司各有特色，不能仅从增速高低看问题，单股股价较低受“公司总股本在A股白酒企业中排名第一”影响。股价低迷被追问1963年，五粮液首次参加全国评酒大会...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202405180007268b130b65&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>股价低迷！投资者追问，五粮液回应</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股价低迷！投资者追问，五粮液回应\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-18 00:05 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202405180007268b130b65&s=b><strong>中国基金报</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>见习记者 闻言近日，投资者追问五粮液：“为何近年来股价、业绩增速，均不及山西汾酒、古井贡酒、泸州老窖、贵州茅台等酒企。”投资者追问五粮液背后，担忧其作为曾经的国内白酒龙头，在被贵州茅台超越后，是否还会被其他上市酒企超越。五粮液对此回应，前六大酒企上市公司各有特色，不能仅从增速高低看问题，单股股价较低受“公司总股本在A股白酒企业中排名第一”影响。股价低迷被追问1963年，五粮液首次参加全国评酒大会...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202405180007268b130b65&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":"LU0577902538.SGD","symbol_name":"Fullerton Lux Funds - Asia Growth and Income Equities A Acc SGD","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202405180007268b130b65&s=b","article_id":"2436784943","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202405180007268b130b65&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=2436784943","pubTimestamp":1715961920,"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"投资者追问五粮液背后，担忧其作为曾经的国内白酒龙头，在被贵州茅台超越后，是否还会被其他上市酒企超越。五粮液未予以回应，但是2月底有投资者询问回购股份注销事项，到3月中旬五粮液回复：“公司将根据实际情况进行研究。”查询可见，截至5月17日，五粮液未推出回购股份计划。为了能助力股价提升，投资者还关注五粮液的分红、大股东增持等动作。","collect":0,"end_time":0,"defaultTopTitle":"qq.com","property":[],"viewcount":null,"language":"zh","relate_stocks":{"600519":"贵州茅台","600809":"山西汾酒","LU0577902538.SGD":"Fullerton Lux Funds - Asia Growth and Income Equities A Acc SGD","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","LU0856984785.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED GROWTH \"ACH\" (SGDHDG) ACC","BK0215":"饮品","BK0175":"白马股","LU0048580855.USD":"富达大中华区A","LU0072913022.USD":"UBS (LUX) EQUITY FUND -  GREATER CHINA \"P\" (USD) ACC","LU0862451753.SGD":"JPMorgan Funds - Emerging Markets Dividend A (mth) SGD","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","000858":"五粮液","BK0183":"MSCI概念","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU0405327148.USD":"ALLSPRING CHINA A FOCUS \"A\" (USD) ACC","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU0918141887.USD":"安联亚洲实际收益股票基金","LU0084288322.USD":"Natixis Asia Equity RD USD","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","LU0043850808.USD":"HSBC GIF ASIA EX JAPAN EQUITY \"AD\" INC","LU0878005551.USD":"UBS (LUX) KEY SELEC ASIA ALLOCATION OPPORTUNITY (USD) \"P\" (USD) ACC","LU0417516902.SGD":"Allianz China Equity Cl AT Acc SGD","LU0051755006.USD":"摩根大通中国A (dist)","LU0594300419.USD":"富达中国消费基金A","LU1064130708.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"I\" (USD) ACC","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","LU0181495838.USD":"施罗德新兴亚洲A Acc","BK0015":"沪股通50","LU2148510915.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"R\" (USD) ACC","LU0823426480.USD":"法巴中国股票经典Dis","LU0052750758.USD":"富兰克林中国基金A Acc","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","LU0823426308.USD":"法巴中国股票基金","LU1655091616.SGD":"JPMorgan Funds - China A-Share Opportunities A (acc) SGD","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","LU0405327494.USD":"ALLSPRING CHINA A FOCUS \"I\" (USD) ACC","LU0577902371.SGD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","LU0359201612.USD":"贝莱德中国基金A2","LU1781817850.SGD":"Blackrock Systematic China A-Share Opportunities A2 SGD-H","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","LU1969619763.USD":"EASTSPRING INV CHINA A SHARES GROWTH \"A\" (USD) ACC","BK0164":"国企混改","LU1146622755.USD":"安本中国A股股票基金A Acc","LU0890818403.SGD":"JPMorgan Funds - Emerging Markets Dividend A (mth) SGD-H","LU0577902454.USD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (USD) ACC","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD"},"translate_title":"The stock price is sluggish! Investors asked, Wuliangye responded","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600519":0.9,"600809":0.9,"000858":1},"content_text":"见习记者 闻言近日，投资者追问五粮液：“为何近年来股价、业绩增速，均不及山西汾酒、古井贡酒、泸州老窖、贵州茅台等酒企。”投资者追问五粮液背后，担忧其作为曾经的国内白酒龙头，在被贵州茅台超越后，是否还会被其他上市酒企超越。五粮液对此回应，前六大酒企上市公司各有特色，不能仅从增速高低看问题，单股股价较低受“公司总股本在A股白酒企业中排名第一”影响。股价低迷被追问1963年，五粮液首次参加全国评酒大会排名第一，与古井贡酒、泸州老窖特曲、全兴大曲、茅台、西凤酒、汾酒、董酒被业界称为“老八大名酒”，但是五粮液的股价不甚理想，并且落后多家其他上市酒企。投资者在互动平台连环追问：“请问公司股价为什么这么低”“股价为什么超越不了（山西）汾酒、古井贡酒、泸州老窖等”。截至5月17日收盘价，五粮液为156.41元/股，而山西汾酒、古井贡酒、泸州老窖分别为263.77元/股、267.15元/股、189.85元/股。对比五粮液过往股价，2021年2月26日至2024年5月17日，累计跌幅44.49%。记者查询发现，此前投资者在互动平台较少询问股价，并且此次对比了其他上市酒企股价的追问，在近年来尚属首次。五粮液回应称：“五粮液总股本38.82亿股，居本行业上市公司第一，是影响单股股价的重要因素。”追问回购、增持、分红针对五粮液股价不甚理想，投资者追问：“公司股价为什么这低，怎么不回购股份。”五粮液未予以回应，但是2月底有投资者询问回购股份注销事项，到3月中旬五粮液回复：“公司将根据实际情况进行研究。”查询可见，截至5月17日，五粮液未推出回购股份计划。为了能助力股价提升，投资者还关注五粮液的分红、大股东增持等动作。1月8日，有投资者在互动平台询问五粮液，鉴于公司股价连年下跌后，最近又出现持续下跌，对比贵州茅台已经实施特别分红两次，加上公司账上资金充裕，应考虑行业地位及维护公司形象，强烈建议安排一次特别分红或大幅提高2023分红。综合五粮液对分红问题的回复可见，近五年，公司均积极提高分红比率，2023年度发布的分红方案，分红率计划提升至60%。关于大股东增持股份，五粮液集团计划自2023年12月14日起6个月内，以自有资金4亿元至8亿元增持五粮液股份，不设定增持股份的价格区间。截至2024年3月15日，上述增持计划的实施时间过半，五粮液集团的累计增持金额为1.80亿元，未达上述增持计划的增持金额下限。担忧行业老二地位被超越投资者追问五粮液：“在近四年外部环境一样的背景下，公司业绩增速在贵州茅台、泸州老窖、山西汾酒、古井贡酒等上市酒企中连续垫底，并且大幅跑输泸州老窖，请问主要原因是什么？”以2023年归母净利润为例，贵州茅台、泸州老窖、山西汾酒、古井贡酒，分别同比增长19.16%、27.79%、28.93%、46.01%，均超过五粮液的13.19%。其中，五粮液、泸州老窖均是川酒的代表，但是引领其他川酒企业的五粮液，近年来业绩增速多次不及泸州老窖。2021年、2022年、2023年的归母净利润，五粮液分别同比增长17.15%、14.17%、13.19%；泸州老窖分别同比增长32.47%、30.29%、27.79%。五粮液回应称，前六大上市（酒业）公司各有特色，不能仅从增速高低看问题，还要具体分析基数大小、品牌力、品质等。业内人士分析，面对白酒行业呈现结构分化走势，未来竞争的重点将在前六大上市酒企中展开。公开资料显示，2023年，白酒行业在收入规模和整体效益稳步增长情况下，全国规上白酒企业亏损265家、亏损面26.71%。同时，2023年前六大白酒上市公司营业收入，占19家白酒上市公司营业收入总和的81%，占全国白酒规上企业营业收入总和的46%，两者同比均有所提升。“公司除了20年前被贵州茅台反超之外，如何保证曾拥有最好的品牌，不会再被其他名酒超越？”投资者在互动平台追问，五粮液在行业老二的口碑中挣扎，目前不仅有被贵州茅台甩远的趋势（净资产收益率遥遥落后），更有被后来者居上的压力。五粮液仅回复：2024年，公司将继续保持“聚焦主业、做强主业”战略定力，实心干事、科学作为，全面加快高质量发展步伐，努力向产品卓越、品牌卓著、创新领先、治理现代的世界一流企业迈进。编辑：舰长审核：木鱼","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":307025567285248,"gmtCreate":1715992125242,"gmtModify":1715992127417,"author":{"id":"3557294228267354","authorId":"3557294228267354","name":"MG黄","avatar":"https://static.tigerbbs.com/a9c36c5387bb33035d77f7388dcdef28","vip":1,"hat":"https://static.tigerbbs.com/306aa047bc14b6942cda1aed925cf8c3","crmLevel":1,"crmLevelSwitch":0,"idStr":"3557294228267354","authorIdStr":"3557294228267354"},"htmlText":"这就低迷了 酱香型科技兴国 和你闹呢","listText":"这就低迷了 酱香型科技兴国 和你闹呢","text":"这就低迷了 酱香型科技兴国 和你闹呢","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/307025567285248","repostId":2436784943,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"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":"4.29.3","shortVersion":"4.29.3","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/2436784943"}