Core Viewpoint - The recent financial performance of Wuliangye contradicts the narrative of a declining liquor industry, showing growth in net profit and providing reassurance to investors [1][5]. Financial Performance - Wuliangye's net profit attributable to the parent company increased by 5.44% in 2024 and reached a growth rate of 5.80% in the first quarter of 2025 [1]. - The fourth quarter of 2024 saw a decline in net profit growth of -6.17%, marking the first negative growth in a single quarter since 2017 [5][6]. - Total revenue for the first quarter of 2025 was 369.40 million, reflecting a year-on-year growth rate of 6.05% [6]. Shareholder Dynamics - The total number of shareholders as of March 31, 2025, was 617,900, a decrease of 2.1% from the previous period [7]. - The trend of decreasing shareholder numbers may indicate a concentration of shares, which could potentially lead to price increases [7]. - The fluctuating number of shareholders suggests varying levels of commitment to long-term value investment among investors [7].
白酒没人喝了?五粮液业绩增长5%,股民悬着的心放下了!