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港股異動 | 青島啤酒盤中漲4.4% 2021年淨利同比預增43%
格隆匯1月14日丨青島啤酒盤中漲4.4% ,報69.95港元;A股青島啤酒漲1.05%,報90.17元,總市值1229億元。青島啤酒1月13日發佈公吿,預計2021年淨利潤約31.5億元,同比增長約43%。業績預增主要原因是由於公司主營業務利潤增長和政府收儲土地非經常性損益事項所致。2021 年,政府對公司位於楊家羣地塊的土地進行收儲,土地徵收補償款確認收入後預計將增加公司歸屬於上市公司股東的淨利潤約4.36億元。國盛證券發研報指,預計公司Q4單季度虧損幅度較去年同期擴大主要受疫情、消費相對疲軟,成本端年內原材料價格上漲壓力影響。展望2022年,從價格角度看,在原材料價格上漲催生行業性提價窗口的機會下,穩固的競爭格局與龍頭紛紛以產品高端化求利潤的經營取向帶動下,啤酒行業提價有望順暢傳導至消費者,同時產品結構改善正在途中,青島啤酒作為行業龍頭有望顯著受益,隨着成本端價格逐漸企穩或進一步釋放業績彈。從銷量角度看,樂觀假設下若旺季餐飲恢復疊加疫情對主力市場影響減弱,公司有望迎來量價齊升。

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