珍酒李渡(6979.HK):战略引领 求稳提质

国泰君安
20 Nov 2024

本报告导读:公司坚持品质经营,注重产品结构及盈利能力,在24Q3 及国庆白酒大盘动销平淡的环境下主动放慢渠道进度,以品质、产能和渠道建设蓄力未来增长。投资要点:投资建议:维持增持评级。考虑 24H2 起白酒进入产业调整期,中高档及以上价位带面临压力,下调公司2024-26 年经调整EPS 至0.49 元(前值0.59 元)、0.52 元(0.73 元)、0.55 元(0.89 元),当前股价对应...

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