+关注
T20230110022
暂无个人介绍
IP属地：北京
9
关注
3
粉丝
1
主题
0
勋章
主贴
热门
T20230110022
2023-07-06
$小鹏汽车-W(09868)$
T20230110022
2023-04-27
你不是说废话吗
抱歉，原内容已删除
去老虎APP查看更多动态
{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3565057119704874","uuid":"3565057119704874","gmtCreate":1601963096722,"gmtModify":1673317700001,"name":"T20230110022","pinyin":"t20230110022","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/c8916d384c0db24a5548e5015717ff51","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":3,"headSize":9,"tweetSize":3,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":1,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":1,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-3","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"偶像虎友","description":"加入老虎社区1500天","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.15","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.15","exceedPercentage":"60.98%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"976c19eed35f4cd78f17501c2e99ef37-1","templateUuid":"976c19eed35f4cd78f17501c2e99ef37","name":"博闻投资者","description":"累计交易超过10只正股","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":3,"crmLevelSwitch":0,"location":"北京","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":194789212606648,"gmtCreate":1688575820601,"gmtModify":1688578371057,"author":{"id":"3565057119704874","authorId":"3565057119704874","name":"T20230110022","avatar":"https://static.tigerbbs.com/c8916d384c0db24a5548e5015717ff51","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565057119704874","authorIdStr":"3565057119704874"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09868\">$小鹏汽车-W(09868)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://laohu8.com/S/09868\">$小鹏汽车-W(09868)$ </a><v-v data-views=\"1\"></v-v>","text":"$小鹏汽车-W(09868)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/194789212606648","isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":658634889,"gmtCreate":1682586606841,"gmtModify":1682586637898,"author":{"id":"3565057119704874","authorId":"3565057119704874","name":"T20230110022","avatar":"https://static.tigerbbs.com/c8916d384c0db24a5548e5015717ff51","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3565057119704874","authorIdStr":"3565057119704874"},"themes":[],"htmlText":"你不是说废话吗","listText":"你不是说废话吗","text":"你不是说废话吗","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/658634889","repostId":"2330305532","repostType":2,"isVote":1,"tweetType":1,"viewCount":1783,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":194789212606648,"gmtCreate":1688575820601,"gmtModify":1688578371057,"author":{"id":"3565057119704874","authorId":"3565057119704874","name":"T20230110022","avatar":"https://static.tigerbbs.com/c8916d384c0db24a5548e5015717ff51","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565057119704874","idStr":"3565057119704874"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09868\">$小鹏汽车-W(09868)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://laohu8.com/S/09868\">$小鹏汽车-W(09868)$ </a><v-v data-views=\"1\"></v-v>","text":"$小鹏汽车-W(09868)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/194789212606648","isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":658634889,"gmtCreate":1682586606841,"gmtModify":1682586637898,"author":{"id":"3565057119704874","authorId":"3565057119704874","name":"T20230110022","avatar":"https://static.tigerbbs.com/c8916d384c0db24a5548e5015717ff51","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3565057119704874","idStr":"3565057119704874"},"themes":[],"htmlText":"你不是说废话吗","listText":"你不是说废话吗","text":"你不是说废话吗","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/658634889","repostId":"2330305532","repostType":2,"repost":{"id":"2330305532","kind":"news","pubTimestamp":1682582671,"share":"https://www.laohu8.com/m/news/2330305532?lang=&edition=full","pubTime":"2023-04-27 16:04","market":"hk","language":"zh","title":"拿下“港股第一白酒”名号的珍酒李渡，上市即破发！让投资人血亏","url":"https://stock-news.laohu8.com/highlight/detail?id=2330305532","media":"正商参阅","summary":"今日，“港股白酒第一股”珍酒李渡上市了，这是在继华致酒行的“酒商第一股”之后，再次在港股白酒想要吃螃蟹的人。而今天珍酒李渡上市成功，但是跌破发行价这也是很多人没想到的。作为上市的白酒企业，珍酒李渡发行的总股本约32.71亿股，其中流通股4.91亿股，其他总股本27.81亿股。","content":"<html><body><article><p>今日，“港股白酒第一股”<a href=\"https://laohu8.com/S/06979\">珍酒李渡</a>上市了，这是在继<a href=\"https://laohu8.com/S/300755\">华致酒行</a>的“酒商第一股”之后，再次在港股白酒想要吃螃蟹的人。</p><img src=\"https://inews.gtimg.com/news_bt/ORS_ncCcE8Of6CIT1Vtb-eTh6sv3k2k3zOA_5bCl4wuDYAA/0\"/><p>在今天开盘的时候，作为“港股白酒第一股”的珍酒李渡正式登陆港交所后，却以发行价10.82港元/股开盘，但是盘前集合竞价期间跌19.50%，股价跳水至8.71港元/股，当时的总市值是284亿港元左右。</p><p>近年来，虽然经济形势越来越恶劣，但是在我国消费市场不断增长的情形下，白酒市场越来越强劲，整体的品牌发展越来越好，于是很多白酒企业纷纷入局，而作为我国第四大民营白酒企业的珍酒李渡，这些年也一直在享受整个白酒行业的利好。</p><img src=\"https://inews.gtimg.com/news_bt/OyrqF2u95fQ70Y18qyR3-WELeeYdmTZ5SgK1thVzHEmGUAA/0\"/><p>而今天珍酒李渡上市成功，但是<span>跌破</span>发行价这也是很多人没想到的。在上市前一天的时候，当时的<span>暗盘交易</span>上，珍酒李渡跌破其发行价10.82元/股，以4.99%的跌幅报收10.28港元/股，股价最低触及10.24港元/股。但是，今天的上升后，比起昨天的暗盘价格更低。</p><p>作为上市的白酒企业，珍酒李渡发行的<span>总股本</span>约32.71亿股，其中流通股4.91亿股，其他总股本27.81亿股。按照上市之前的公告显示，去年珍酒李渡集团营收是58.56亿元，同比增长14.8%，在所有上市的酒企中，珍酒李渡的营收只能占到第九位，仅次于<a href=\"https://laohu8.com/S/603369\">今世缘</a>的78.5亿元营收的后面，但是两者的市值差距也相差近3倍，可以看出在A股和港股的白酒企业的对比相差很多。</p><img src=\"https://inews.gtimg.com/news_bt/OvrwciUJbQbAMWBEBfmOi_oVbVEZ8iRu20gT1_cNaj0toAA/0\"/><p>但是，哪怕是市值相对来说很低，但是此次珍酒李渡抢先在港股上市，抢在了国台酒业和郎酒集团的前面，拿下了“港股第一白酒股”的名号，也拿到了“酱酒第二股”的称号。</p><p>而在珍酒李渡披露的近几年的财报上，从2020年到2022年，营收分别是23.99亿元、51.02亿元及58.56亿元，光是2021年同比增长112.7%，而2022年同比增长14.8%，实现股东应占溢利分别为5.2亿元、10.32亿元及10.3亿元，净<span>利率</span>分别为21.7%、20.2%及17.6%。可以看出刚开始珍酒李渡的发展也是非常迅速的，但是后面就降了下来，如果能保持这个速度，那么珍酒李渡的未来发展也是非常不错的。</p><img src=\"https://inews.gtimg.com/news_bt/OWt-FZMSfcaPkfJJOaLYwDOtJnP4RIJXDu_l55vuIETX4AA/0\"/><p>早在1988年的时候，当时的贵州珍酒跟茅台和习酒并称为“贵州三大酱香品牌”，也获得了国家质量奖优质奖银奖。在产能上面，贵州珍酒可以在贵州酱酒企业排名第三，在我国酱酒企业排名第四。尤其是多年来更是多次拿奖下，如今的贵州珍酒的品牌和影响力在整个酱酒行业排名前列了。</p><p>成立于1955年的李渡，它的位置在江西李渡镇，而这里是李渡元代烧酒作坊的遗址所在地，也是古代延续时间最长的遗址，这里在2002年被评为全国十大考古新发现之一、全国重点文物保护单位、国家工业遗产。而李渡酒业也成为国家AAAA 级旅游景区，每年都有不少游客来游玩。所以，珍酒李渡的历史算是很悠久的。</p><img src=\"https://inews.gtimg.com/news_bt/OA3DTmDY3la6SDOUEdxra0t5taVSklky-IG3KoD9R73G4AA/0\"/><p>但是，作为有着悠久历史的珍酒李渡为什么上市会破发，遭到抛弃呢？</p><p>此次珍酒李渡的上市，其实并没有引入基石投资者，要知道，在以往港股大盘股的招股书中是非常罕见的，大盘股以往都是要有基石投资者坐镇，否则意味着，这家企业要么估值太贵了，要么管理层有问题，要么就是企业质量有问题，所以投资者才不感兴趣，而相对来说，没有基石投资者，那么散户来<span>打新股</span>，基本上是100%中奖，意味着市场的投机性不强。</p><p>拿珍酒李渡来说，它的毛利率从2020年到2022年，只从52.2%涨到了55.3%，毛利率在整个白酒行业偏低。像是A股高端、次高端白酒毛利率超70%，其中行业头部的<a href=\"https://laohu8.com/S/600519\">贵州茅台</a>、<a href=\"https://laohu8.com/S/000568\">泸州老窖</a>毛利率分别在90%和85%以上，次高端的酒鬼酒、<a href=\"https://laohu8.com/S/600809\">山西汾酒</a>毛利率也超过70%。珍酒李渡的毛利率水平并不突出。</p><img src=\"https://inews.gtimg.com/news_bt/OU3YAlW9-mEHhLCUgBHHYTaLKW0hQZO_bmfPoYX4CP9n0AA/0\"/><p>而且在整个白酒行业中，珍酒李渡的品牌效应不高，消费者认可度不高，哪怕是这几年珍酒李渡加大营销投入，但是还是有很多消费者不认识他。光是广告费用上面，3年开支高达15.77亿元，但是依然有很地方都没有听说过。</p><p>并且在销售端，珍酒李渡严重依赖经销商，并且渠道商还存在价格倒挂的问题，在营收占比上超过88%来自经销商，如果经销商的积极性不高，那么珍酒李渡的销量就是问题。尤其是价格倒挂下，更是打击经销商的积极性，<span>出货</span>就意味着会亏损，所以经销商都失去继续销售的动力了。</p><img src=\"https://inews.gtimg.com/news_bt/Od8fdhSCv91oeUFHk9ursBaWH_4qUU8Nzbe4bPEPgSZMAAA/0\"/><p>而且，在上市之前，珍酒李渡曾经引入了两轮投资者，分别是大中华网讯和有着“华尔街之狼”之称的私募股权巨头KKR，但是在计算中，2021年，公司应付股息分别为1.357亿和1.448亿，即应付KKR分别为923万和2347万元，总共3270万。而当时KKR分别投资3亿美元和5亿美元，而今天的开盘价却是9港元，一下子让投资人血亏近3亿美元，还没有套现就已经全面亏损了，那么未来是不是还会继续进一步下跌呢？</p><p>所以，你认为珍酒李渡未来的股价走势会如何？</p></article></body></html>","source":"tencent","collect":0,"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>拿下“港股第一白酒”名号的珍酒李渡，上市即破发！让投资人血亏</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拿下“港股第一白酒”名号的珍酒李渡，上市即破发！让投资人血亏\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-27 16:04 北京时间 <a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20230427160922828584e6&s=b><strong>正商参阅</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>今日，“港股白酒第一股”珍酒李渡上市了，这是在继华致酒行的“酒商第一股”之后，再次在港股白酒想要吃螃蟹的人。在今天开盘的时候，作为“港股白酒第一股”的珍酒李渡正式登陆港交所后，却以发行价10.82港元/股开盘，但是盘前集合竞价期间跌19.50%，股价跳水至8.71港元/股，当时的总市值是284亿港元左右。近年来，虽然经济形势越来越恶劣，但是在我国消费市场不断增长的情形下，白酒市场越来越强劲，整体的...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20230427160922828584e6&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"06979":"珍酒李渡"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20230427160922828584e6&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2330305532","content_text":"今日，“港股白酒第一股”珍酒李渡上市了，这是在继华致酒行的“酒商第一股”之后，再次在港股白酒想要吃螃蟹的人。在今天开盘的时候，作为“港股白酒第一股”的珍酒李渡正式登陆港交所后，却以发行价10.82港元/股开盘，但是盘前集合竞价期间跌19.50%，股价跳水至8.71港元/股，当时的总市值是284亿港元左右。近年来，虽然经济形势越来越恶劣，但是在我国消费市场不断增长的情形下，白酒市场越来越强劲，整体的品牌发展越来越好，于是很多白酒企业纷纷入局，而作为我国第四大民营白酒企业的珍酒李渡，这些年也一直在享受整个白酒行业的利好。而今天珍酒李渡上市成功，但是跌破发行价这也是很多人没想到的。在上市前一天的时候，当时的暗盘交易上，珍酒李渡跌破其发行价10.82元/股，以4.99%的跌幅报收10.28港元/股，股价最低触及10.24港元/股。但是，今天的上升后，比起昨天的暗盘价格更低。作为上市的白酒企业，珍酒李渡发行的总股本约32.71亿股，其中流通股4.91亿股，其他总股本27.81亿股。按照上市之前的公告显示，去年珍酒李渡集团营收是58.56亿元，同比增长14.8%，在所有上市的酒企中，珍酒李渡的营收只能占到第九位，仅次于今世缘的78.5亿元营收的后面，但是两者的市值差距也相差近3倍，可以看出在A股和港股的白酒企业的对比相差很多。但是，哪怕是市值相对来说很低，但是此次珍酒李渡抢先在港股上市，抢在了国台酒业和郎酒集团的前面，拿下了“港股第一白酒股”的名号，也拿到了“酱酒第二股”的称号。而在珍酒李渡披露的近几年的财报上，从2020年到2022年，营收分别是23.99亿元、51.02亿元及58.56亿元，光是2021年同比增长112.7%，而2022年同比增长14.8%，实现股东应占溢利分别为5.2亿元、10.32亿元及10.3亿元，净利率分别为21.7%、20.2%及17.6%。可以看出刚开始珍酒李渡的发展也是非常迅速的，但是后面就降了下来，如果能保持这个速度，那么珍酒李渡的未来发展也是非常不错的。早在1988年的时候，当时的贵州珍酒跟茅台和习酒并称为“贵州三大酱香品牌”，也获得了国家质量奖优质奖银奖。在产能上面，贵州珍酒可以在贵州酱酒企业排名第三，在我国酱酒企业排名第四。尤其是多年来更是多次拿奖下，如今的贵州珍酒的品牌和影响力在整个酱酒行业排名前列了。成立于1955年的李渡，它的位置在江西李渡镇，而这里是李渡元代烧酒作坊的遗址所在地，也是古代延续时间最长的遗址，这里在2002年被评为全国十大考古新发现之一、全国重点文物保护单位、国家工业遗产。而李渡酒业也成为国家AAAA 级旅游景区，每年都有不少游客来游玩。所以，珍酒李渡的历史算是很悠久的。但是，作为有着悠久历史的珍酒李渡为什么上市会破发，遭到抛弃呢？此次珍酒李渡的上市，其实并没有引入基石投资者，要知道，在以往港股大盘股的招股书中是非常罕见的，大盘股以往都是要有基石投资者坐镇，否则意味着，这家企业要么估值太贵了，要么管理层有问题，要么就是企业质量有问题，所以投资者才不感兴趣，而相对来说，没有基石投资者，那么散户来打新股，基本上是100%中奖，意味着市场的投机性不强。拿珍酒李渡来说，它的毛利率从2020年到2022年，只从52.2%涨到了55.3%，毛利率在整个白酒行业偏低。像是A股高端、次高端白酒毛利率超70%，其中行业头部的贵州茅台、泸州老窖毛利率分别在90%和85%以上，次高端的酒鬼酒、山西汾酒毛利率也超过70%。珍酒李渡的毛利率水平并不突出。而且在整个白酒行业中，珍酒李渡的品牌效应不高，消费者认可度不高，哪怕是这几年珍酒李渡加大营销投入，但是还是有很多消费者不认识他。光是广告费用上面，3年开支高达15.77亿元，但是依然有很地方都没有听说过。并且在销售端，珍酒李渡严重依赖经销商，并且渠道商还存在价格倒挂的问题，在营收占比上超过88%来自经销商，如果经销商的积极性不高，那么珍酒李渡的销量就是问题。尤其是价格倒挂下，更是打击经销商的积极性，出货就意味着会亏损，所以经销商都失去继续销售的动力了。而且，在上市之前，珍酒李渡曾经引入了两轮投资者，分别是大中华网讯和有着“华尔街之狼”之称的私募股权巨头KKR，但是在计算中，2021年，公司应付股息分别为1.357亿和1.448亿，即应付KKR分别为923万和2347万元，总共3270万。而当时KKR分别投资3亿美元和5亿美元，而今天的开盘价却是9港元，一下子让投资人血亏近3亿美元，还没有套现就已经全面亏损了，那么未来是不是还会继续进一步下跌呢？所以，你认为珍酒李渡未来的股价走势会如何？","news_type":1},"isVote":1,"tweetType":1,"viewCount":1783,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}
