The rise in the price of raw materials pushed up the cost of condiments, and institutions paid high attention to 9 concept stocks
Financial Associated Press, Oct. 20 (Reuters) - China CITIC construction investment said that the price adjustment of condiments is based on cost pressure, so the recovery of dynamic sales in the market is still relatively slow, and the demand side is relatively depressed. In terms of performance, the operating pressure of short-term condiment companies is still on, and during the price transmission period, the price increase will be used as a channel for cost return, and will be gradually recovered thereafter. Therefore, the benefits of the price increase will be more reflected in next year. In terms of institutional attention, according to statistics, a total of 9 shares were rated by more than 10 institutions, and the number of ratings of 5 stocks exceeded 20. Specifically, Haitian flavor industry and Zhongju hi tech rank first, with 37 rating agencies; Hengshun vinegar industry took the second place, with 24; Fuling mustard and Qianhe flavor industries have 21 respectively.
In-depth
Consumer Staples
Amiro: Revitalize Beauty Through Science
In recent years, home beauty devices have emerged as one of the most robust and rapidly growing categories in the small home appliance market. Between 2019 and 2022, sales of beauty and body devices on traditional e-commerce platforms like Tmall (Chinese: 天猫) and JD.com (Chinese: 京东) in China grew from RMB 7.6 billion to 11.9 billion, with a compound growth rate of 16.35%.
Dec 04, 2023 06:10 AM
Apr 25, 2022 01:02 PM
Research
Consumer StaplesChina’s Food and Beverage Industry in Search of Methods to Shrink its Carbon Footprints
Apr 19, 2022 11:38 PM
Jun 29, 2021 11:48 PM
Dec 09, 2020 02:51 PM
Briefing Nov 10, 2021 10:48 AM
· Consumer Staples
The food and beverage sector continued to decline, with Qianwei central kitchen down more than 7%
Briefing Nov 02, 2021 10:19 AM
· Consumer Staples
N Zhengguang rose 15% to trigger temporary stop
Briefing Nov 01, 2021 09:43 AM
· Consumer Staples
The food and beverage sector opened weaker, and Anji food fell by the limit
In-depth
Briefing Oct 20, 2021 07:57 AM
· Financials
Baoneng has interest bearing liabilities of nearly 200 billion and wants to sell 100 billion of assets to relieve capital pressure
Consumer Staples
Haitian: Revenue Growth Rate Remains at 20%, in Line with Expectations for 3Q 2020
The course of Guangdong condiment company Foshan Haitian reflected segment generally enjoyed high growth in the second quarter. After the 3Q growth rate returned to normal levels, the secondary market reacted negatively.
Oct 31, 2020 06:00 PM
Briefing Aug 10, 2021 10:29 PM
· Automotive
Zhongju hi tech: Ping An Securities disposed of 1.7 million Pledged Shares of the controlling shareholder
Briefing Jul 25, 2021 04:02 PM
· Consumer Staples
Zhongju hi tech: it plans to raise 7.791 billion yuan from the controlling shareholder to expand the production of condiments
See more
Read next
Insight
In-depth
Insight
In-depth
Insight
In-depth
Chinese Enterprises are Ready to Tell Stories of Green China at COP28
Dec 02, 2023 12:28 AM
Insight
In-depth