What is the impact of the collapse of Haitian Flavor on the company?

Today, the soy sauce leader Haitian Flavor Industry has peaked and fallen, causing the collapse of soy sauce stocks, which has a significant impact on the entire food and beverage sector.

I think it will have some impact on the company. For example, companies will face a financial crisis. It will even reduce the number of employees to survive this crisis, which may cause some people to lose their jobs.

It will directly affect the company's operations and cause many people to lose their jobs. As a result, there will be certain economic losses and a great impact on family income. It is also possible to transform the company.

Recently, the share price of Haitian Flavor Industry, which has a market value of more than 600 billion yuan, suddenly hit a new high of 200 yuan in the morning, but it suddenly hit a large ** in the afternoon. The intraday decline was more than 8%, which is said to have evaporated more than 50 billion.

But for Haitian Flavor Industry, it is still the same Haitian Flavor Industry, and there is no change in the slightest. This "diving" is also reasonable.

According to the analysis of the major financial gods, the gross profit margin of condiments is very high, so the revenue level of Haitian Flavor Industry has always been very good, and the gross profit margin can be as high as more than 50%. Since 2016, Haitian Flavor has maintained more than 100% of its annual revenue. It's a great company.

Therefore, everyone has high expectations for the future of Haitian Flavor.

Haitian Flavor officially landed on the A-share market on February 11, 2014, with a 17-fold increase in listing and a market value of 658 billion yuan. Even more than Sinopec. At the beginning of this year, Haitian Flavor's ** was only about 80 yuan, and now it is as high as 180 yuan.

The market value of Haitian Flavor has reached more than 600 billion yuan, while our real estate leader Vanke only has 200 billion yuan. Haitian earned more than 2 billion yuan last year, and Vanke earned more than 30 billion people. But just such a Haitian Flavor Industry can buy 2 Vanke.

For a traditional company, the market value was so high that it was in the spotlight at that time.

It is precisely because the valuation is too high that major institutions feel that the growth rate of Haitian Flavor Industry is too fast, far exceeding the value of the company itself. If it takes more than 100 years for this company to buy it, ask who else would dare to buy it. So many institutions have sold off, resulting in **continuous**.

But it just takes a little time to eliminate some of this valuation, and it is estimated that it will be sideways for a while, and the depth will not be too strong. However, it is still necessary to stay on the sidelines, not now**.

Affects the company's share price income. Haitian Flavor shares have always been the company's main economy**, and once Haitian Flavor shares collapse, then the company's share price income will decrease.

This incident certainly had a negative impact on the company, but the company will also intervene to minimize this impact.

First, the current situation in ******.

Second, what do you think of this time?

Thirdly, why is there a drop in profits?

After the release of the financial statements this time, Haitian also attached great importance to this, they said that the main reason for this is because Haitian is currently in the stage of strategic transformation, and their traditional industry is facing a series of challenges, on the one hand, there are more and more condiments of the same type in the market, and on the other hand, because their marketing costs are getting higher and higher. That's why their profits fell by 15% on the premise of operating income growth.

The total market value of Haitian Flavor Industry is 300 billion, mainly due to:

1.The performance was lower than expected, and the net profit declined;

2.The upfront increase is too large, and the valuation is too high;

3.The entire market consumption and liquor sector have a relatively large **.

As a leading enterprise in the field of consumer food, Haitian Flavor has performed very well in recent years, and its products are also deeply liked by consumers. The total market value of Haitian Flavor Industry is **300 billion, the main reason is that the performance is not as expected, the early increase is too large, resulting in too high valuation, and such performance cannot support such a stock price. The entire sector is also in a state of adjustment, from consumption to liquor, and the sharp decline of Haitian Flavor Industry is also expected.

1. The lower than expected performance of Haitian Flavor is the main reason for the market capitalization

**to**, the core driving force is performance, if there is no performance support, then ** to rise is more difficult. The total market value of Haitian Flavor Industry is 300 billion, mainly due to lower than expected performance.

Judging from the published financial report, the performance fell by about 17% compared with last year, and there was a sharp rise, but the performance declined, and the performance and the stock price diverged, and the stock price ** is normal.

Second, Haitian Flavor Industry has risen too much in recent years

Haitian Flavor Industry has been a big company in recent years, and its stock price has increased 10 times from more than 10 yuan to 168 yuan.

Too much increase is the biggest risk, although there are a lot of ****, but this increase is still very terrible, once the performance declines, many institutions will panic sell the ** in their hands, **** is also getting lower and lower.

Third, the entire consumer sector is in a state of adjustment

Recently, from liquor to medicine to consumption, they are basically in a state of adjustment, and many **have appeared**.

As a representative of consumer stocks, Haitian Flavor Industry is in a state of adjustment for the entire sector, and it has no way to be independent, and the unsatisfactory performance is even worse, which is one of the reasons why the total market value of Haitian Flavor Industry is 300 billion.

Answer first, the current situation of the ****** is actually after they announced the financial statements, and soon Haitian's **** ushered in **. In three consecutive days, Bian Er has fallen by about 15%, which has caused their market valuation to be more than 100 billion. But with the opening limit of the two days, their ** has come to the yuan.

The overall market value has approached the 400 billion mark, so the impact of this financial statement on Haitian Group is still very large.

Second, what do you think of this time? The reason for this situation is that, on the one hand, Haitian has been in the first stage in the past few years, from a valuation of 200 billion to 700 billion. At that time, many people relied on Haitian soy sauce to get rich overnight, and sweet soy sauce was in the entire industry, just like Moutai was in the wine industry.

It can be said that their bubble is still very large, and the price-earnings ratio has been above 60 times, so many people think that the valuation of Haitian Group is relatively high.

Thirdly, why is there a drop in profits? After the release of the financial statements this time, Haitian also attached great importance to this, they said that the main reason for this is because Haitian is currently in the stage of strategic transformation, and their traditional industry is facing a series of challenges, on the one hand, there are more and more condiments of the same type in the market, and on the other hand, because their marketing costs are getting higher and higher. That's why their profits fell by 15% on the premise of operating income growth.

Question**will**, revert to the previous one.

The total market value of Haitian Flavor Industry is 300 billion, what is the reason?

1) Compare the trend of **, compare the strength and weakness with **, and understand the level of participation of the main force. Including its attack, disk protection, suppression, non-participation and other situations, to understand whether the relationship between volume and price is normal, the action of the main force when pulling or suppressing, the authenticity and the intention of the target. Understand the level of engagement and enthusiasm of the average investor.

2) Understand the position and meaning of the day in the chart. Look at the week** and month** again, and understand the level, intention and situation of the main force in time and space.

3) Special care for the first 2 versions of the rise and the last 2 versions of the decline. Understand which ** is quietly strengthening, which ** is at the end of the strong crossbow, which ** is fleeing regardless of the cost, which ** is breaking through the start, which ** is in the strong mid-game, that is, a bit like the census, understanding the situation of each part, so that the ability to understand the situation of the whole ** on the basis of the approximate understanding.

4) In the process of understanding the **, pick out those who are in a low-level attack situation, carefully observe the time and space experienced by the day, week, and month, and the status is good, and eliminate the serious control of the Zhuang stocks and the main force is not deeply involved and the capital is blocked, and the rest look at the fundamentals, and it is best to call out the latest research report to take a look, and enter your own self-selected stocks in line with the latest research report.

Look at the first two editions of the **, see what are the ** sectors and industries between them, understand which industries and sectors are flowing into, look at the two boards after the decline, see which ** funds are flowing out, whether there is contact between the sector and the industry, and understand the main short sector. It is necessary to clarify how many boards are suitable for the size of the day, so look at a few boards, and look at the front and back boards.

2. Look at your own self-selected stocks.

Check whether you are following your expectations, test your stock selection methods, what mistakes you have, why you made mistakes, find out the reasons, and improve.

Look at those ** have presented the buying point (the buying point is set by yourself, according to what scale is also set by yourself)**, you have to make an investment plan, including how to buy, how much to buy, how much to buy, how much to buy, *** settings, etc.

The total market value of Haitian Flavor Industry is 300 billion, which is due to the weakening of consumer demand due to changes in the external economic environment in the sales of its products in its semi-annual report, and consumer demand is also showing a trend of diversified development; On the cost side, since the beginning of this year, as an upstream material, its production costs have continued to rise, resulting in greater operating pressure on the production costs of enterprises, so the profits of the industry have been squeezed.

The reason is that the 2021 interim report released by Haitian Soy Sauce shows that the growth rate of Haitian Soy Sauce's performance has hit a new low since its listing, and its performance in the second quarter has declined seriously. Investors believe that the follow-up development of Haitian soy sauce has been hindered and their desire to invest has decreased.

This is because it has been affected to a certain extent, and the operation of this enterprise is not particularly good, and there is a situation of loss, so this phenomenon has occurred.

Because there are other industries competing with Haitian Flavor Industry, and because the development of Haitian Flavor Industry in the first half of the year is not particularly good, and because the publicity of Haitian Flavor Industry is not in place, it will lead to market value.

The irrational huddle is the consequence, and the higher the jump, the worse the fall.

The valuation is outrageous, what do you want if it doesn't fall?

Summary. Hello, dear, I'm honored to answer for you! <>

Haitian Flavor Industry** can also rise pro. Haitian Flavor Industry opened with a sharp fall, causing very serious losses. It seems that this additive turmoil has indeed caused a very huge impact, Haitian Flavor Industry opened down 8%, and Qianhe, who advertised its own additive-free products, became the winner, which should also cause many seasoning manufacturers to reflect.

How serious the loss is, maybe Haitian Flavor Industry has already felt it, and it almost fell throughout the day, which also makes everyone unbelievable that the big enterprises in China's seasoning industry have fallen on additives.

Can Haitian Flavor Industry** still rise?

Hello, dear, I'm honored to answer for you! <>

Flowers Boliang] Haitian Flavor Industry ** can also rise pro. Haitian Flavor Industry opened with a sharp fall, causing very serious losses. It seems that this additive turmoil has indeed caused a very huge impact, Haitian Flavor Industry opened down 8%, and Qianhe, who advertised Zaobi's own additive-free products, became a winner, which should also cause many seasoning manufacturers to argue against the base.

How serious the loss is, maybe Haitian Flavor Industry has already felt it, and it almost fell throughout the day, which also makes everyone unbelievable that the big enterprises in China's seasoning industry have fallen on additives.

Haitian is almost the largest enterprise in the industry, the products used by Haitian Xinsheng are in line with the standards of the national standard additives Zhaoheng, and they also cherish feathers, and they will not take risks with their hundreds of billions of market value, the problem may be that the cost of its brewed food is the same as that of soy sauce with additives should be sold to a very cheap **, but Haitian does not seem to do so. Different quality and different pricing are true, but beyond the market price, it is a bit unreasonable.

Dear, it is expected to rise in the later period.

Haitian Flavor. **Can't buy it.

1. High valuation is the biggest killer of investment We all know that Blind Empty He can give a relatively high valuation to excellent companies, but once the valuation is too high, it becomes the biggest killer of investment. Assuming that Haitian Flavor can still maintain a growth rate of 20%, then Haitian can achieve a net profit of 7.5 billion yuan in 2021, even if Haitian Flavor's stock price does not rise for three years, it is still as high as 35 times the valuation, which is not easy for any investor to ignore the value of time.

2. Even if it is a very good consumer company, a reasonable valuation can only give 30 times PE, so I advise you that it is not suitable for Haitian Flavor Industry for the time being, and you can wait until the valuation of 30 times or even lower is deciding whether to **.

Extended Information:1Since 2010, the net cash flow of Haitian Flavor Industry has been higher than the net profit every year, and the net profit of 100 million yuan in 2018 has generated 100 million yuan of operating cash flow. Accounts receivable.

The inventory balance increased almost zero, and the accounts payable increased significantly, indicating that the company's bargaining power was too high. Looking at growth, since 2010, the growth rate of operating income has not been less than 10%, and it has grown steadily every year, with operating income increasing from 5.5 billion yuan in 2010 to 17 billion yuan in 2018. Look at the deduction of non-net profit.

In addition to the losses in 2010 and 2016, the annual growth rate exceeded 20%, from 100 million yuan in 2010 to 100 million yuan in 2018. The growth rate of net profit exceeds the growth rate of operating income, what does it mean, it shows that the company is awesome, by improving the gross profit margin.

Or reduce the expense ratio and improve the net profit margin.

2.From the perspective of cash flow, growth and profitability, Haitian Flavor is an A-share.

Since 2010, only 2010 ROE has been lower than 30%, and other years have been higher than 30%. ROE drives the net profit margin of the three factors to rise steadily, and the equity multiplier.

and the turnover rate is stable, so the ROE is likely to be maintained. From all of the above, it is said that Haitian Flavor Industry is not suitable for purchase.