Guizhou Maotai dividend plan out: every 10 shares of the dividend 170.25 yuan to refresh the A-share record
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Last Update: 2020-06-20
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Source: Internet
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Author: User
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10 to 170.25 yuan! Maotai launched the most trench dividends, to refresh the A-share record! The profit of 2 billion private equity is still adding positions, to see the Chinese stock king annual report 6 big point of view- brokerage ChinaChina's stock king - Guizhou Maotai performance fresh out! ": "color: #E53333", " and on the evening of April 21st, Guizhou Maotai, the highest-priced a-share stock, was revealedIn 2019, the output of Maotai wine and series of wine-based wine was 750,000 tons, an increase of 6.88% yoYTotal operating income was RMB88,854 million, up 15.10% YoYOperating profit was RMB59,041 million, up 14.99 percent year-on-yearNet profit attributable to the owner of the parent company was RMB41.206 billion, up 17.05 percent year-on-yearfrom the profit point of view, Guizhou Maotai can earn almost 113 million yuan a day, with the daily use of gold to describe the no exaggerationSubsequently, Maotai also announced the distribution plan, with the total share capital of 1256.1978 million shares at the end of 2019 as the base, the company's shareholders per 10 shares of the dividend of 170.25 yuan (including tax), once again refresh the A-share record (per share payout)That is, if you buy a hand Maotai, the dividend will be 1700 yuan (before tax)Of course, in terms of dividend yields, it's not too highlast year, Guizhou Maotai shares rose as much as 105.57 percent, far outperforming the market, and as of last year, the annual line achieved six consecutive yangneed not say more, look at the Chinese stock king's annual report of the six major pointspoint one: dividends rose again, 4 years growth of 150%According to Guizhou Maotai 2019 report, according to the actual situation of the company and the need for sustainable and coordinated development in the future, the following profit distribution plan was formulated: to the end of 2019 the total share capital of 125619 78,000 shares as a base, the company's shareholders for every 10 shares of the dividend of 170.25 yuan (including tax), a total distribution of profits of 21.387 billion yuan, the remaining 94.506 billion yuan to be allocated for future yearsThe above profit distribution plan shall be submitted to the general meeting of shareholders of the company for consideration and approval and implementation Guizhou Maotai's 2018 dividend plan is 10 145.39 yuan (including tax); In other words, the amount of dividends in Guizhou Maotai increased by 150% from 2016 to 2019 look at the point two: liquor industry pattern changes Maotai annual report shows that in 2019, the liquor industry accelerated the promotion of supply-side structural reform, with the gradual deepening of de-capacity and adjustment structure, the industry as a whole presents a steady output scale, output efficiency gradually improve the new characteristics, with brand, quality, channels and other advantages of the wine enterprises, in the competitive upstream, leading the industry to achieve high-quality development According to the Data of the National Bureau of Statistics, in 2019, the total output of liquor enterprises above the national scale completed 785.95 million liters of wine, down 0.76% YoY; look at the third point: revenue and profit are all at a record high, but the growth rate declined 2019, Guizhou Maotai completed Maotai wine and series of wine base wine production of 750,000 tons, up 6.88% YoY Total operating income was RMB88,854 million, up 15.10% YoY Operating profit was RMB59,041 million, up 14.99 percent year-on-year Net profit attributable to the owner of the parent company was RMB41.206 billion, up 17.05 percent year-on-year it is worth noting that this Maotai single list of Maotai Prince wine and Lai Mao, Han sauce wine sales Maotai wine sales, profitability continued to stabilize the domestic wine industry, the world's first wine industry Series wine revenue of 9.542 billion yuan, up 18.14% YoY Maotai Prince wine completed sales revenue of 3.780 billion yuan, continue to maintain the company's product status as the second largest single product, Lai Mao wine, Han sauce wine for 1 billion yuan single-class products from the 2018 target, the company completed the production of Maotai wine and series of wine base wine 702 million tons, up 10.08 percent year-on-year, of which Maotai wine production of 497,000 tons, up 15.98 percent year-on-year; Year-on-year decrease of 1.98 percent, operating income of 73.639 billion yuan, up 26.49 percent yoy, operating profit of 51.343 billion yuan, up 31.85 percent year-on-year, and net profit attributable to the owner of the parent company was 35.204 billion yuan, up 30.00 percent year-on-year look at the four: business targets down, infrastructure investment increase annual report revealed that Guizhou Maotai 2020 business objectives: is to achieve total operating income growth of about 10% over the previous year ; From the information of the annual report, capital investment may mainly refer to: focus on the construction of the Tan factory area 80,000 tons of wine packaging workshop, Renhuai City organic sorghum base demonstration point and other projects Completed the completion of the "13th Five-Year Plan" China Maotai wine technology reform project and its equipped facilities We will continue to push forward the 30,000-ton sauce-scented wine-change project High-quality completion of a number of safety and environmental protection projects compared with the 2019 operating target, the first is to achieve operating income growth of about 14% compared with the previous year; Focus on Maotai wine and series of wine-based wine "double expansion" project, further solid development foundation As can be seen from this, capital investment has increased nearly one-fold look at the five points: the of the three-year report of the three-year report, Shenzhen Ruifeng Huibang Asset Management Co., Ltd - Ruifeng Huibang 3 private equity investment fund, with a number of shares of 3.6466 million shares, ranked as its seventh largest circulating shareholder; Shenzhen Ruifeng Huibang Asset Management entered Guizhou Maotai in the fourth quarter of 2018, when Maotai was at a relatively low ebb At the price of the time, the private placement on Guizhou Maotai may make more than 2 billion profits Jinhui Rongsheng Wealth Management entered in the second quarter of last year, the profit should also be nearly 50% note that the two major private placements are still in place Shenzhen Ruifeng Huibang Asset Management Co., Ltd - Ruifeng Huibang No 3 private equity investment fund held 365.7384 million shares in Guizhou Maotai at the end of the year, compared with last year's three-quarter report increased by more than 10,000 shares, equivalent to more than 10 million yuan Shenzhen Jinhui Rongsheng Wealth Management Co., Ltd - Jinhui Rongsheng 3 private equity investment fund 342.2151 million shares, also increased holdings of nearly 10,000 shares look at point six: the return on net assets has not been up and down Guizhou Maotai can rise, the reason can become the belief of investors, in large part because he has maintained a very high return on net assets for many years 10 to 170.25 yuan! Maotai launched the most trench dividends, to refresh the A-share record! The $2 billion private equity market is still adding positions, looking at the six big points in China's annual report the company's return on net assets in 2018 after four years, back to more than 30 percent, 2019 remains at that level And from the quality of profit, but also very bright The net cash flow of its operating activities reached more than 45.2 billion, far exceeding its net profit level, and more so in previous years it is worth noting that Maotai has started to raise prices again Data provided by Pacific Securities show that last week Maotai prices continued to rise to 2200-2300 yuan, individual regional quotations more than 2300 yuan, before March dealers back to April, May purchase prices, more concentrated, the batch price for a longer period of time stable at more than 2100, than before the Spring Festival price highlighted cost-effective, the first week of February consumers have early purchase behavior, with the recent gradual recovery of consumption around the same off-season, compared to the usual Pacific Securities Huang Fusheng team pointed out that infrastructure investment accelerated the recovery of demand for good liquor, especially high-end liquor brush the financial circle! 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Police detected the fraud case of the special referral unit, virtual disk fraud more than 20 million, with Huashun to take advantage of the opportunity to prove innocence the Guizhou Maotai dividend scheme came out! Each share issued 17 yuan "national team" holdings in accordance with the two private equity funds to increase their holdings -financial A-share "share king" Guizhou Maotai 2019 report card came out According to the annual report released by the on the evening of April 21, Guizhou Maotai achieved operating income of 85.43 billion yuan in 2019, up 16.01 percent year-on-year, while net profit attributable to shareholders of listed companies was 41.206 billion yuan, up 17.05 percent year-on-year in addition, the net cash flow from the Company's operating activities in 2019 was RMB45,211 million Guizhou Maotai, which is "not bad money", intends to pay a cash dividend of 170.25 yuan (including tax) to all shareholders of the company As of the close of trading on April 21, Guizhou Maotai share price of 1200 yuan / share, a decline of 2.22%, the full-day turnover of 3.52 billion yuan, a total market value of 1.51 trillion yuan, still surpassthe "Cosmic Bank" Industrial and Commercial Bank, the first market value of the A-share market net profit of 41.2 billion to 10 170 yuan annual report shows that in 2019 the company completed the production of Maotai wine and series of wine base wine 750,000 tons, an increase of 6.88 percent year-on-year Total operating income was RMB88,854 million, up 15.10% YoY Operating profit was RMB59,041 million, up 14.99 percent year-on-year Net profit attributable to the owner of the parent company was RMB41.206 billion, up 17.05 percent year-on-year in the "two-wheel drive" aspect, Maotai wine sales, profitability continues to stabilize the domestic wine industry, the world's first wine industry Series wine revenue of 9.542 billion yuan, up 18.14% YoY Maotai Prince wine completed sales revenue of 3.780 billion yuan, continue to maintain the company's product status as the second largest single product, Lai Mao wine, Han sauce wine for 1 billion yuan single-class products Guizhou Maotai formulated the following profit distribution plan: based on the total share capital of 1,256 million shares at the end of 2019, the company's shareholders will pay a cash dividend of 170.25 yuan (including tax) per 10 shares, with a total distribution profit of 21.387 billion yuan, leaving the remaining 94.506 billion yuan for future annual distribution in order to further optimize the distribution of the marketing network, improve the overall strength of dealers, the company has some of the sauce series wine dealers to clean up and eliminate, in 2019 to reduce the sauce series wine dealers 503 " liquor industry to accelerate the supply-side structural reform, with the gradual deepening of the de-capacity and adjustment structure, the industry as a whole presents a steady output scale in the decline, output efficiency gradually improve the new characteristics, with brand, quality, channels and other advantages of the wine enterprises, in the upper competitive upstream "Guizhou Maotai judgment 2020 Guizhou Maotai's business objectives are three points: First, to achieve a total operating income growth of about 10% over the previous year; is still very "value investment" stock god Buffett once said: if you have to use an indicator for stock selection, will choose ROE (return on net assets) Those companies where ROE can stay above 20% all year round are good companies 2019, Guizhou Maotai's return on net assets was 33.09 percent Relevant data show that the average ROE in Guizhou Maotai in the past decade is 33.93 percent, and has always maintained at more than 20% Source: Brokerage China, Finance
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