Top 10 leading consumer gold stocks in 2023

Top 10 leading gold stocks in big consumption in 2023_I want big opportunities

Big consumption in 2023 is an upgrade of new consumption patterns. After more than 10 years of economic development, China’s consumption is moving forward As the third upgrade progresses, China's consumer demand is undergoing substantial changes. Below, the editor brings the top 10 leading gold stocks for consumption in 2023, which is of great benefit to you. Let’s take a look.

Top 10 leading consumer gold stocks

Kweichow Moutai (600519)

The highest quality asset of A shares is also the only stock that can be passed down as a legacy.

The excellence of Moutai is not only reflected in its super profitability and high dividends, but more importantly, its brand value, which has financial, collection, and cultural attributes. Moutai's excellence is also reflected in its sustained and stable growth in performance. In the past 10 years, the gross profit margin has been as high as over 90%, the net profit margin is about 50%, and the cumulative dividends in history are 176.1 billion. It is a big bull stock that can be bought without any fundamental analysis. The net profit in 2022 is 62.6 billion, and the dividend ratio is extremely high. The dividend ratios in the past three years have been 192 yuan for 10 parties, 216 yuan for 10 parties, and 219 yuan for 10 parties. Cash flow is as high as 155.5 billion, and market value is 2.24 trillion.

Wuliangye (600519)

The only high-end liquor brand, second only to Moutai.

Although the dividend ratio is not as good as Moutai, the dividend rate is higher than Moutai, and the performance is super stable. The gross profit margin has also been stable at more than 90% for a long time, and the net profit rate remains above 50%, which is higher than Moutai. As a leading consumer stock, it does its job. There is no need to analyze financial indicators. It is one of the most worthy long-term investment targets in the A-share market. In 2021, the dividend will be 30.23 yuan for 10 units. Cash flow is 77.34 billion and market value is 774.6 billion.

Shanxi Fenjiu (600809)

A-share light-flavor liquor faucet, an outstanding representative of light-flavor liquor, and one of the top five high-end liquors.

Fenjiu has three major sub-brands: Xinghuacun, Zhuyeqing, and Fenjiu. It is a typical representative of light-flavor liquor. It has developed rapidly in the past five years, and its profits have surged every year. The gross profit has remained above 73% for a long time. The net profit margin remains above 30%, making it a strong competitor in the mid-to-high-end price range. The dividend is at the lower-middle level among high-end liquors, and the price/performance ratio is not high. The stock has experienced extremely violent rises and falls, making it suitable for aggressive investors. Due to the high cost of entering the market, the cash flow is not very large, only 4.132 billion. The current total market value is 342.2 billion. The market value has exceeded Luzhou Laojiao, and it is one of the second-tier high-end liquor leaders.

Luzhou Laojiao (000568)

High-end strong-flavor liquor faucet, one of the top five high-end liquors.

As a second-tier liquor leader, it is still much weaker than Moutai and Wuliangye in terms of revenue and brand awareness. In recent years, it has been severely impacted by Fenjiu, and it has dropped from the third position in market value. A high-end liquor second only to Fenjiu. The gross profit margin in the past three years has remained above 80%, and the net profit margin has been above 30%. Dividends have been increasing year by year. In terms of cost performance, it is higher than Fenjiu, and its performance has remained stable in the long term. The dividend ratio in 2021 is 32.44 yuan for 10 people, which is significantly higher than the dividend of 20.51 yuan for 10 people in 2020, with abundant cash flow of 13.67 billion yuan and a market value of 353.8 billion. It is one of the major consumer leaders and is worthy of long-term allocation.

Yanghe Shares (002304)

The highest-end liquor among Sujiu, it is one of the top five high-end strong-flavor liquors.

It is also one of the second-tier high-end liquor leaders. In the past few years, due to operational and management decision-making issues, long-term real estate financial management was a bit unprofessional, resulting in a decline in reputation. In recent years, the company has adjusted its management and business strategies, and its momentum has surged. Things are looking up. The company's gross profit margin has remained above 70% for a long time, and its net profit margin has remained at 30%. It is absolutely conscientious in paying dividends. In the past four years, it has remained above 30 yuan for 10 cents. It is cost-effective, the stock price is moderate, and the cash flow is also very abundant. , up to 18.6 billion, the owner who is not short of money, total market value: 258.6 billion. It can be used as a resource allocation target for large consumer investments.

Yili Co., Ltd. (600887)

China's leading manufacturer of ___ products.

It is currently No. 1 in Asia and No. 5 in the world___ industry. ROE has remained above 22% in the past five years, and gross profit margin has been above 30%. From the perspective of making money, it is weaker than liquor. The annual net profit rate remains above 7.3%. Although the dividends are not as good as those of Moutai and Wuliangye, the annual dividends are increasing year by year. The stock price is moderate, the price/performance ratio is high, the development is stable, and the rises and falls are not so dramatic. It is more suitable for stable investors and is also northbound. One of the favorite targets of funds has stable cash flow, reaching 39.11 billion yuan, and a total market value of 200.9 billion yuan.

Haitian Flavor Industry (603288)

The leader in large consumer goods, Moutai in soy sauce.

Occupying about 20% of the national market in the non-staple food field, it has strong profitability. Last year, we experienced the quality crisis of "high technology and hard work". It is expected that the performance in 2022 will be affected to a certain extent. However, in the long term, it is a rare bottom opportunity and will not be defeated. It is one of the long-term investment targets of A shares. .

For five consecutive years, gross profit margin has remained above 40%, net profit margin has remained above 22%, and net profit has maintained a trend of increasing year by year. The dividend level remains at the same level as Yili, and is far behind that of liquor. The price-performance ratio is almost unsatisfactory. The current valuation is relatively high, with a cash flow of 13.73 billion yuan and a total market value of 359.7 billion yuan.

China Duty Free (601888)

China’s largest duty-free concept leader and the absolute king of the domestic duty-free circuit.

Occupying 90% of the market share, it has strong profitability. The current investment performance-price ratio is not high, but if you capture the bottom opportunity in the medium and long term, the income will still be good. In 2022, due to the impact of the epidemic, performance dropped significantly. However, with the end of the epidemic, a desperate counterattack is possible in 2023. The only hidden concern is the tax-free license. The country is gradually liberalizing, and many companies such as Wangfujing obtained tax-free licenses in June 2020. Dividends are average, with dividends of 10 yuan and 15 yuan in 2021, and cash flow of 232.17 yuan. The current valuation is on the high side, and you need to choose the right time to buy. The total market value is 423.1 billion yuan.

Pien Tze Huang (600436)

is a national time-honored brand leading the consumption of traditional Chinese medicine.

Its core leading product, Pien Tze Huang, sells for as much as 590 yuan. It has the same characteristics as Moutai, with typical traditional culture, collection and medicinal properties, and has very good brand influence and moat. Lin Yuan has held shares more than once and is optimistic about it in the long term. From the perspective of performance, the gross profit margin has remained above 42% for a long time, the net profit margin has remained above 21%, the growth is relatively stable, the cash flow is abundant 2.333 billion yuan, the dividend level is average, and the current investment performance-price ratio is poor, but as the leader in the consumption of the highest quality traditional Chinese medicine , once you capture the historical opportunity, you can get generous returns. It is a variety that you can buy with peace of mind. You don’t have to worry about sudden performance. You can hold it in the medium and long term, but you need to choose the right time to buy. The total market value is 181.6 billion yuan.

China Merchants Bank (600036)

The first A-share retail consumer commercial bank and the bank stock with the highest price. It is the first retail-oriented commercial bank and ranks first in the industry in operating capabilities. one. The reason why China Recruitment Bank is classified as a consumer bank is mainly because more than 54% of its business is directly oriented to consumers. This is relatively rare in the banking industry and is also a very powerful place for it. The 2022 interim report shows that retail business accounted for 54.48%, with revenue of 97.577 billion yuan; corporate business accounted for 41.48%, with revenue of 74.290 billion yuan. The company's ROE has remained above 15% for a long time, and its net interest rate has remained above 31% for a long time. It has strong profitability. But the level of dividends is really average. In 2021, the dividend will be 15.22 yuan per 10, and the cash flow is absolutely abundant. As of the third quarter of 2022, it will be 413.3 billion yuan. The total market capitalization is 968.9 billion yuan, with obvious cyclicality. It is one of the targets worthy of long-term allocation of A-shares.

What are the leading consumer stocks?

Liquor industry

1. Kweichow Moutai (600519): The first brand of liquor, Moutai is one of the three famous liquors in the world

2. Wuliangye (000858): the first brand of strong-flavor liquor

3. Luzhou Laojiao (000568): a well-known enterprise in the liquor industry. Guojiao 1573 is the only strong-flavor liquor brand in China. Flavor organic liquor

4. Yanghe Shares (002304): Owns two famous Chinese liquors, Yanghe and Shuanggou, and two Chinese time-honored brands

5. Shanxi Fenjiu (600809): With leading light-flavor liquor manufacturing capabilities, Fenjiu has a dominant position in the Shanxi market

Which is the leading consumer stock in the food industry?

It is a collection of consumer sectors, including food, Beverages, department stores, automobiles, tourism, furniture, agricultural products, medicine, etc. Consumer stocks refer to the stocks of listed companies whose main business is the production and sale of daily consumer products, involving stocks such as commercial chains, brewing, hotels, tourism, household appliances, etc. Consumer stocks can generally be divided into three categories: first, stocks in the food and beverage industry; second, consumer stocks that benefit from consumption upgrades; third, industries in the alternative consumption field, such as the pharmaceutical industry.