Wanlian Securities gives Zhujiang Beer an "Overweight" rating; premium beer revenue growth is impressive, and profitability is improving.

NightAirdropper · 2026-04-04T05:42:26+00:00

Wanlian Securities maintains an "Overweight" rating for Zhujiang Beer, noting improvements in its gross profit margin and net profit margin, while also emphasizing the development of new retail channels. Risks include market fluctuations, raw material prices, competition, and food safety.

NightAirdropper

2026-04-04 05:42:26

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Daily Economic News AI Express, on April 1, Wanlian Securities released a research report stating that it assigns a “Buy” rating to Pearl River Brewery (002461.SZ, latest price: 9.42 yuan). The main reasons for the rating include: 1) both the gross margin and net profit margin have improved, while the period expense ratio has also risen; 2) it places emphasis on building new retail channels, and its product structure continues to be optimized. Risk alerts: risk of market fluctuations, risk of raw material supply and price volatility, risk of industry competition, risk of food safety.

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(Reporter Wang Hanli)

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