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华润啤酒-R
25.050
+0.300
1.21%
手动刷新
成交量:
1.40万
成交额:
34.91万
市值:
812.67亿
市盈率:
17.15
高:
25.050
开:
24.900
低:
24.900
收:
24.750
数据加载中...
总览
公司
新闻资讯
公告
华润啤酒业绩下降 “啤+白”还没看到成效
理财周刊-财事汇
·
03-26
中银国际:春糖酒会反馈平淡 品牌之间分化加剧
智通财经
·
03-26
华润啤酒费用精益,利润率有望持续改善
信达证券
·
03-26
整顿终端价格 加码宴席市场 金沙酒业与价格倒挂背水一战
北京商报
·
03-25
华润啤酒(00291)出现大手卖出21.75万股,成交价$28.1,涉资611.175万
阿斯达克财经
·
03-25
【券商聚焦】华泰证券:白酒进入良性修复期 啤酒厂商及渠道龙头信心有所恢复
金吾财讯
·
03-25
900亿啤酒巨头,百亿押注白酒
21世纪经济报道
·
03-24
华润啤酒侯孝海:中国白酒从规模扩张转向价值创成必然趋势
新京报
·
03-24
酱酒突围看金沙样本:破局经销商盈利难题|春糖风向
华夏时报
·
03-24
华润啤酒营收、净利双下降 白酒业务增长未“达标”
电鳗快报
·
03-24
啤酒销量跌,白酒增长缓!华润啤酒待破局
国际金融报
·
03-21
华润啤酒啤酒业务高端化稳步发展,白酒业务摘要逆势增长
太平洋证券
·
03-21
从华润啤酒年报,看中国酒类市场变局
财经早餐
·
03-21
华润啤酒(0291.HK):25年开门红 宏观回暖下业绩可期
中信建投证券
·
03-21
华润啤酒年报“双降”:市场缩量 啤酒高端化是否有下半场?
南方都市报
·
03-20
华润啤酒2024年年报点评:25年有望量价齐升,利润率提升确定性高
光大证券
·
03-20
华润啤酒03月20日遭主力抛售1941万元
市场透视
·
03-20
华润啤酒去年白酒营业额略增但其实没完成目标? 总裁赵春武怎么看?
酒业内参
·
03-20
华润啤酒业绩筑底完成,静待消费复苏弹性释放(繁体版)
第一上海
·
03-20
华润啤酒:25 年收入或增 2% 维持评级
和讯网
·
03-20
更多
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“啤+白”还没看到成效","url":"https://stock-news.laohu8.com/highlight/detail?id=2522384418","media":"理财周刊-财事汇","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522384418?lang=zh_cn&edition=fundamental","pubTime":"2025-03-26 23:56","pubTimestamp":1743004596,"startTime":"0","endTime":"0","summary":"3月18日,华润啤酒(00291.HK)发布了2024年业绩报告。近十年以来,华润啤酒交出了第一份营业收入、净利润双双下降的成绩单。虽然对于这份成绩单,华润啤酒执行董事及董事会主席侯孝海率领高管团队在当日的媒体沟通会上表示,“2024年华润啤酒整体业务表现符合预期,比我们原先想象的还要好一点,应该说跑赢了大势。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202503263357099035.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["LU1328615791.USD","80291","BK1583","IE00B5MMRT66.SGD","LU1720050803.USD","IE00B031HY20.USD","IE00B0169L03.USD","IE0008369823.USD","BK1510","BK1589","IE00B543WZ88.USD","00291","LU0359201612.USD","LU1794554557.SGD","BK1604","IE00BPRC5H50.USD","IE0008368742.USD","BK1521","CRHKY","BK1570","LU1023057109.AUD","BK1578","SG9999006514.SGD","BK1180","LU0359202008.SGD","IE00B29SXG58.USD"],"gpt_icon":0},{"id":"2522889264","title":"中银国际:春糖酒会反馈平淡 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14:00","pubTimestamp":1742968847,"startTime":"0","endTime":"0","summary":"春节期间不同价格带名酒集中度提升,品牌之间分化加剧。中银国际主要观点如下:春季糖酒会整体反馈平淡,品牌之间分化加剧展会方面,第112届全国糖酒会近日在成都举办,根据财联社及金融界新闻,今年春糖会预计将有超6600家展商参展,展览总面积达32.5万平方米,展商数量与展览面积与去年同期基本持平,但是不同酒店的布展成本较往年相比有所下降。部分头部品牌春节期间动销表现平稳,延续去年同期商务、宴席的刚性需求。","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.zhitongcaijing.com/content/detail/1267873.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_zhitongcaijing","symbols":["LU1655091616.SGD","LU1868837565.USD","LU2097828631.EUR","IE00B29SXG58.USD","LU1328615791.USD","600809","LU0572944931.SGD","LU2097828557.USD","LU1997245094.SGD","BK0183","LU1023057109.AUD","IE00B543WZ88.USD","600600","LU1934453819.USD","BK0012","LU1794554557.SGD","BK1510","LU0048580855.USD","IE0008369823.USD","LU2097828805.USD","300783","LU2065169927.USD","LU0348805143.USD","LU1064130708.USD","300972","LU0819121731.USD","80291","CRHKY","000568","605499","LU1808992512.USD","BK1583","LU0370786039.SGD","IE00BPRC5H50.USD","LU0143863198.USD","BK1521","LU2097828474.EUR","SGXZ49509284.SGD","BK1180","LU1580142542.USD","BK0164","BK0175","LU0856984785.SGD","LU1979443071.USD","000858","IE00B031HY20.USD","00291","LU1720050803.USD","LU2065171402.SGD","LU1969619763.USD"],"gpt_icon":0},{"id":"2522690428","title":"华润啤酒费用精益,利润率有望持续改善","url":"https://stock-news.laohu8.com/highlight/detail?id=2522690428","media":"信达证券","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522690428?lang=zh_cn&edition=fundamental","pubTime":"2025-03-26 10:16","pubTimestamp":1742955379,"startTime":"0","endTime":"0","summary":"毛利率持续提升,成本改善贡献利润。2024年公司毛利率为42.6%,同比+1.2pct,主要系原材料成本改善,千升酒成本同比持平。费用端,2024年经营费用率同比+1.0pct至21.7%。若不考虑关厂相关费用和土地一次性收入,公司啤酒核心EBITDA同比+2.4%至78.81亿元,利润率同比+0.7pct至21.6%。大单品“摘要”快速增长,白酒业务毛利率提升。我们认为随着现饮渠道的逐渐恢复以及公司在2025年进一步精简费用投放,利润增长有望超出市场预期。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250326103039a6a41488&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, 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18:32","pubTimestamp":1742898728,"startTime":"0","endTime":"0","summary":"在经历终端“价格倒挂长跑”后,金沙酒业再度出手针对价格进行管控。3月25日,北京商报记者走访终端市场发现,目前在京东酒世界(西直门店)内,金沙酒业旗下大单品摘要酒终端市场成交价最低触及543元/瓶。此外,在唯酒轩红白洋啤专卖(北京西站店)、中宣名酒汇(宣武门店)等店内,该产品售价均低于600元/瓶。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"stock_eastmoney","url":"http://finance.eastmoney.com/a/202503253355668034.html","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202503253355668034.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["LU1023057109.AUD","IE0008369823.USD","IE00B29SXG58.USD","IE00B031HY20.USD","80291","BK1604","LU1720050803.USD","CRHKY","LU0359202008.SGD","IE00B543WZ88.USD","LU1794554557.SGD","LU1328615791.USD","BK1583","BK1521","00291","BK1510","BK1180","IE00BPRC5H50.USD","BK1578","IE0008368742.USD","SG9999006514.SGD","BK1589","IE00B5MMRT66.SGD","BK1570","IE00B0169L03.USD","LU0359201612.USD"],"gpt_icon":0},{"id":"2522093651","title":"华润啤酒(00291)出现大手卖出21.75万股,成交价$28.1,涉资611.175万","url":"https://stock-news.laohu8.com/highlight/detail?id=2522093651","media":"阿斯达克财经","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522093651?lang=zh_cn&edition=fundamental","pubTime":"2025-03-25 15:15","pubTimestamp":1742886900,"startTime":"0","endTime":"0","summary":"[大手成交]华润啤酒(00291)在下午03:15出现大手卖出,成交量为21.75万,成交价为港币$28.1,涉资611.175万。至目前为止,股价跌1.745%,今日最高价为$28.65,而最低价为$28.05,总成交量为1.237千万股,总成交金额港币$3.5亿。","market":"other","thumbnail":"https://plib.aastocks.com/aafnnews/image/medialib/20180205145555799_s.jpg","type":0,"news_type":0,"thumbnails":["https://plib.aastocks.com/aafnnews/image/medialib/20180205145555799_s.jpg"],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://www.aastocks.com/tc/stocks/news/aamm-content/AAT25032510101/aamm-all-category","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"aastocks_highlight","symbols":["BK1180","LU0359201612.USD","BK1570","BK1604","BK1578","LU1794554557.SGD","IE0008369823.USD","IE00B0169L03.USD","LU0359202008.SGD","IE00B031HY20.USD","LU1720050803.USD","IE00BPRC5H50.USD","80291","SG9999006514.SGD","IE00B5MMRT66.SGD","BK1589","LU1328615791.USD","CRHKY","IE0008368742.USD","IE00B543WZ88.USD","BK1521","LU1023057109.AUD","IE00B29SXG58.USD","BK1583","BK1510","00291"],"gpt_icon":0},{"id":"2522053177","title":"【券商聚焦】华泰证券:白酒进入良性修复期 啤酒厂商及渠道龙头信心有所恢复","url":"https://stock-news.laohu8.com/highlight/detail?id=2522053177","media":"金吾财讯","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522053177?lang=zh_cn&edition=fundamental","pubTime":"2025-03-25 09:15","pubTimestamp":1742865305,"startTime":"0","endTime":"0","summary":"金吾财讯 | 华泰证券研报表示,2025年春糖白酒产业端反馈平稳,基本面逐步恢复,节后需求环比改善。啤酒方面,该行预计经济活力更好、天气逐步改善的南方市场中,餐饮需求点状改善,行业库存整体良性,叠加顺周期政策,厂商及渠道信心较春节前有所好转,发货数据亦有改善。该行认为白酒进入良性修复期,看好短期基本面表现突出,长期具备业绩韧性/有望穿越周期的头部酒企。","market":"fut","thumbnail":"https://static.szfiu.com/news/20250106/N2I4ZDVmMTM1NjM3MTU3MjA=.jpg","type":0,"news_type":0,"thumbnails":["https://static.szfiu.com/news/20250106/N2I4ZDVmMTM1NjM3MTU3MjA=.jpg"],"rights":null,"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"1955803","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SG9999006514.SGD","BK1570","CRHKY","LU0327786744.USD","LU0672654166.SGD","BK1589","LU0128522157.USD","SG9999000459.SGD","BK0188","LU1064130708.USD","06886","LU0572944931.SGD","LU0630378692.HKD","BK1578","LU0359202008.SGD","LU0831093199.SGD","IE0008368742.USD","00291","IE0008369823.USD","SG9999001903.USD","BK0276","01876","IE00B5MMRT66.SGD","00168","IE00BPRC5H50.USD","LU0762541174.USD","LU0543330483.HKD","IE00BGV7N243.SGD","BK0012","LU0320764755.SGD","IE00B29SXG58.USD","601688","IE00B543WZ88.USD","LU1023057109.AUD","LU0762542818.HKD","LU0630378429.USD","LU0197773673.USD","LU0762540952.USD","LU1979443071.USD","BK1510","00236","BK1610","BK1604","LU0359201612.USD","BK1180","BK0183","LU1064131003.USD","80291","LU1720050803.USD","BK1521"],"gpt_icon":0},{"id":"2521755430","title":"900亿啤酒巨头,百亿押注白酒","url":"https://stock-news.laohu8.com/highlight/detail?id=2521755430","media":"21世纪经济报道","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521755430?lang=zh_cn&edition=fundamental","pubTime":"2025-03-24 11:38","pubTimestamp":1742787489,"startTime":"0","endTime":"0","summary":"收购白酒业务第二年,啤酒巨头交出答卷。3月18日,华润啤酒披露2024年报,年营收386.35亿元,股东应占溢利47.39亿元,同比下降约8%。其中,白酒业务即金沙酒业,入账21.49亿元,同比增长4%,与此前预估的30%增长目标,偏差不小。两年前,华润啤酒豪掷123亿元入主金沙,随即行业进入调整期,酱酒热退潮。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"stock_eastmoney","url":"http://finance.eastmoney.com/a/202503243353954565.html","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202503243353954565.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["00291","BK1578","IE0008368742.USD","IE00BPRC5H50.USD","IE00B543WZ88.USD","LU0359202008.SGD","BK1604","IE00B0169L03.USD","80291","LU1794554557.SGD","BK1570","BK1521","LU1023057109.AUD","IE00B29SXG58.USD","BK1583","BK1180","IE00B5MMRT66.SGD","LU1328615791.USD","IE00B031HY20.USD","IE0008369823.USD","CRHKY","SG9999006514.SGD","LU0359201612.USD","LU1720050803.USD","BK1589","BK1510"],"gpt_icon":0},{"id":"2521758557","title":"华润啤酒侯孝海:中国白酒从规模扩张转向价值创成必然趋势","url":"https://stock-news.laohu8.com/highlight/detail?id=2521758557","media":"新京报","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521758557?lang=zh_cn&edition=fundamental","pubTime":"2025-03-24 10:58","pubTimestamp":1742785087,"startTime":"0","endTime":"0","summary":"新京报讯(记者王子扬)3月23日,新京报记者了解到,金沙酒业召开2025厂商命运共同体大会,聚焦新型厂商关系,洞悉行业发展方向。华润啤酒(控股)有限公司董事会主席侯孝海在演讲时表示,中国白酒产业正面临消费新世界缩量波动的严峻考验,行业发展呈现分化重构态势,从规模扩张转向价值创新已成必然趋势。2023年初,华润酒业正式入主金沙酒业,提出“探索、发展、变强”三年三步走的战略规划。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"stock_eastmoney","url":"http://finance.eastmoney.com/a/202503243353895295.html","rn_cache_url":null,"directOrigin":true},"property":[],"language":"zh","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"http://finance.eastmoney.com/a/202503243353895295.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"stock_eastmoney","symbols":["IE0008368742.USD","00291","IE00B543WZ88.USD","LU1794554557.SGD","IE00B0169L03.USD","IE00B29SXG58.USD","LU0359202008.SGD","BK1180","IE00B031HY20.USD","80291","SG9999006514.SGD","BK1589","BK1578","BK1604","IE00B5MMRT66.SGD","BK1510","BK1570","IE00BPRC5H50.USD","CRHKY","LU1720050803.USD","BK1521","LU0359201612.USD","LU1023057109.AUD","LU1328615791.USD","IE0008369823.USD","BK1583"],"gpt_icon":0},{"id":"2521775858","title":"酱酒突围看金沙样本:破局经销商盈利难题|春糖风向","url":"https://stock-news.laohu8.com/highlight/detail?id=2521775858","media":"华夏时报","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521775858?lang=zh_cn&edition=fundamental","pubTime":"2025-03-24 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白酒业务增长未“达标”","url":"https://stock-news.laohu8.com/highlight/detail?id=2521673140","media":"电鳗快报","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521673140?lang=zh_cn&edition=fundamental","pubTime":"2025-03-24 09:52","pubTimestamp":1742781120,"startTime":"0","endTime":"0","summary":"在华润啤酒2024年的财务报告中,一个引人瞩目的数据跃然纸上——其白酒业务营业额同比攀升了4%,达到了21.49亿元的新高。在这样的环境下,即便是拥有强大品牌力和渠道优势的华润啤酒,也难以一蹴而就地实现白酒业务的爆发式增长。未来随着消费者对高品质、高品味白酒需求的不断增长,以及华润啤酒在品牌、渠道、技术等方面的不断积累和提升,白酒业务有望迎来更加广阔的发展空间。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202503240954529720d5cf&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, 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19:06","pubTimestamp":1742555215,"startTime":"0","endTime":"0","summary":"近日,啤酒巨头华润啤酒交出了一份营收、利润双降的成绩单。财报显示,公司高档及以上产品销量增长超9%,其中喜力啤酒销量增长近20%,老雪、红爵基本增长翻番。白酒收入增长4%自2023年提出“啤白双赋能”战略以来,华润啤酒的白酒业务也一直备受外界关注。2025年是华润啤酒第三个3年战略的收官之年。在啤酒销量跌,白酒增长缓的当下,华润啤酒亟待破局。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025032119071494bc6406&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, 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宏观回暖下业绩可期","url":"https://stock-news.laohu8.com/highlight/detail?id=2521785834","media":"中信建投证券","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521785834?lang=zh_cn&edition=fundamental","pubTime":"2025-03-21 00:00","pubTimestamp":1742486400,"startTime":"0","endTime":"0","summary":"与此同时,2024 年啤酒吨成本同比下降0.2%,降至1976 元/千升,推动啤酒业务毛利率提升1.0 个百分点,达到41.1%。这一明星产品有力带动了白酒业务毛利率提升,较去年同期增长6.0 个百分点,达到68.5%。其中,2024 年下半年公司毛利率同比增长1.6 个百分点,而2024 年上半年毛利率同比仅增长0.6 个百分点。展望全年,由于2024 年销量基数相对较低,2025 年公司啤酒销量有望企稳回升。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250321155202a43c561b&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, 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啤酒高端化是否有下半场?","url":"https://stock-news.laohu8.com/highlight/detail?id=2520458904","media":"南方都市报","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520458904?lang=zh_cn&edition=fundamental","pubTime":"2025-03-20 19:27","pubTimestamp":1742470020,"startTime":"0","endTime":"0","summary":"华润啤酒的相关业绩表现,引起业界对啤酒高端化的思考和讨论,尤其是啤酒高端化是否进入下半场,成为各界热议焦点。对此,华润啤酒方面在年报中解释,2024年消费模式分化趋势持续,啤酒行业进入深度调整阶段,出现存缩量波动,高端化发展更为重要。虽然华润啤酒财报业绩数据呈现“双降”,不过在啤酒方面仍具有一定亮眼表现。整体来看,华润啤酒的业绩表现和遭遇,也是去年啤酒行业的整体缩影。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025032019294594bb0c8c&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, 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17:14","pubTimestamp":1742462098,"startTime":"0","endTime":"0","summary":"事件:华润啤酒发布2024年度业绩报告。24年公司派发股息共24.66亿元,分红比例为52%,未来分红比例有望提升至60%以上。HK)白酒业务中,摘要2024年销量增长35%,表现出色。盈利预测、估值与评级:考虑到啤酒需求仍较疲软,我们下调华润啤酒2025-2026年归母净利润预测分别至53.08/57.20亿元,引入2027年归母净利润预测为60.65亿元。华润啤酒作为啤酒赛道的龙头企业,高端化发展战略目标清晰,布局坚定。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250320173057a43b1b26&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, 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16:15","pubTimestamp":1742458550,"startTime":"0","endTime":"0","summary":"03月20日, 华润啤酒股价跌3.99%,报收28.85元,成交金额7.66亿元,换手率0.81%,振幅4.83%,量比0.58。华润啤酒今日主力资金净流出1941万元,上一交易日主力净流出433万元。该股近5个交易日上涨12.87%,主力资金累计净流入3256万元;近20日主力资金累计净流入5.64亿元,其中净流入天数为13日。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250320165152a69d5234&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, 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总裁赵春武怎么看?","url":"https://stock-news.laohu8.com/highlight/detail?id=2520436916","media":"酒业内参","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2520436916?lang=zh_cn&edition=fundamental","pubTime":"2025-03-20 15:48","pubTimestamp":1742456880,"startTime":"0","endTime":"0","summary":"特别值得一提的是,自华润啤酒开始布局白酒业务后,其白酒的业绩表现便一直受到重点关注。不过这同样也说明了,金沙酒业去年并没有完成业绩目标。据悉,华润啤酒白酒业务并表的主要是金沙酒业,即白酒业务的业绩表现如何主要取决于金沙酒业的业绩。此外值得注意的是,虽然华润啤酒去年总体业绩略有下滑,但公司的现金流增长幅度还是很大的。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2025032017263594baf315&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, 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12:15","pubTimestamp":1742444147,"startTime":"0","endTime":"0","summary":"ASP同比提升1.5%至3,355元/千升,叠加原材料成本管控得当,推动啤酒业务毛利率同比+0.9pct至41.1%。年初至今,啤酒销量在去年高基数的情沉下保持单位数稳健增长,其中喜力实现双位数高增,后续月份低基数叠加国家政策提振经济躯动,未来存在显著改善机会。白酒调整期溜禁打,蓄力长期发展势能:24FY金沙酒业在行业深度调整期实现逆势增长,全年营业额21.5亿元,同比+4.0%,毛利率大幅+5.9pct至68.8%。","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20250320123040a69cfc31&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, 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