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An Overview Of Guyuelongshan Shaoxing Performances

This article shows an overview of Guyuelongshan Shaoxing performances in several aspect of business exposures.

By Emenike BensonPublished 3 years ago 3 min read
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Profile of the company:

Zhejiang Guyuelongshan Shaoxing Wine Co., Ltd. [600059:CH] is a consumer company that operates in China with its headquarter in the Zhejiang region. The company was founded and incorporated on August 1997 and total number of employees accounting up to 2,523 with its leader as Aibao Sun. Most of the business activities of the company are operated within China and little export rate to neighboring countries. The company is involved in the production and sales of yellow wines, white spirits, beverages, food, and food materials. The Company also deals in other kinds of businesses such as the manufacturing of spandex and the provision of food services.

Perspective of stock performance:

From the aspect of the stock performance of Zhejiang Guyuelongshan Shaoxing Wine Co., Ltd. [600059:CH] in the Chinese stock market, the company performs barely average as compared to the performances of other top players in the stock market. The market report for the stock market shows that the company’s stock is sold at about 10.73 CNY per stock which signifies a 24 hours price negative magnitude by 0.74% when compared to the price of the stock at same time on yesterday. The price also reveals a 12 months price positive magnitude by 11.23% YoY as compared to the price of the stock at same period within the last 12 months. The stock trends with a 52-weeks high price/low price of about 19.68 CNY and 8.67 CNY per stock respectively. The stock trends on an annual PSR rate of about 7.66x which is calculated from the total market capital of the company which stands at CNY9.96 billion whereas the total income reported in the company’s Fy20 financial result amounted to CNY1.30 billion.

The stock also trends on a 52-weeks and YTD Price Relative to S&P500 of about 5.27x and .39.93x respectively.

Perspective of environmental and business development:

As regards to the aspect of the environmental and business development, the company has improved over the years despite encountering challenges in the industry. The company started its business at its headquarter at Zhejiang region but today have extended business activities to more than 90 cities in China.

The liquor manufacturing factories of the company has also increased in number since the last two years with an increment level of 23% as it is total 19 manufacturing factories been managed by the company. The company has a long track record of opening more manufacturing factories as its one of the most important strategies in the improvement of production rate in any company.

The company started its business with about 32 employees but the total number of employees at the company’s disposal is about 2,523 which shows a huge improvement and increases man power.

Perspective of financial performance:

From the aspect of the financial performances of the company, over the last six years the company’s financial performance has been steady and consistent until the 2020 financial report show a negative improvement from most financial indicators. The report highlighted that it was due to the pandemic period which most companies and businesses were temporarily closed to curtail the spread of the virus.

The financial result revealed that the total income raised from business during that period decreased to CNY1.30 billion, signifying an increment level by 0.6% year-on-year when compared to the CNY1.75 billion reported in the Fy19’s financial report. The net profit during that period also strongly decreased to CNY422.71 million, signifying an increment level by 39.98% year-on-year when compared to the CNY704.38 million reported in the Fy19’s financial report.

Perspective of futuristic plans:

From the aspect of the company in the nearest future, the company is frequently conducted employment exercises in order to keep employing more capable hands to improve the performance of the company. From the press report been released by the company, the total income expected from business in 2021 and 2022 will amount to be CNY1.48 billion and 1.73 billion respectively. The report also expects the dividend to amount to 0.05 and 0.06 with ratios of 0.46% and 0.56% respectively in Fy21 and Fy22 periods.

Sources:

https://markets.businessinsider.com/stocks/zhejiang_guyue_longshan_shaoxing_wine_company-stock

https://www.marketscreener.com/quote/stock/ZHEJIANG-GUYUELONGSHAN-SH-6497975/

https://www.reuters.com/companies/600059.SS/financials

https://www.bloomberg.com/profile/company/600059:CH

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