20240218_华创证券_食品饮料行业调研报告：2024年大众品春节旺季反馈系列三出行火爆氛围向好_28页.pdf
2009 1210 2024 02 18 2024 2024+23/19 14%/11%+&3.5-4.5(/4/5)1 RIO 3-5-8 2 3 2-3 1 S0360520070001 S0360520090001 S0360521080003 S0360523040002 021-20572598 S0360518040001%()127 0.02()50,747.82 6.24()48,848.70 7.74%1M 6M 12M 1.2%-17.1%-19.2%-1.2%-1.6%-1.7%2024 2024-02-04 2023 Q4 2024-01-30-27%-17%-7%3%23/02 23/04 23/07 23/09 23/11 24/022023-02-172024-02-08 300 2009 1210 2 2 0YBYuNmRnOnMrPnOtOqPpO9PbP8OpNpPtRtPlOrRmOeRoPwP7NnNuMMYpMmPvPsRnR 2009 1210 3 24.6.9.9 1.9 2.10 3.12 4&.13.14 1.14 2.16 3.16.18 1.18 2.20 3.20 4.21.22 1 RIO.22 2.23 3.24.25.25 2009 1210 4 1().6 2 2024.6 3 2024.6 4 2024.7 5 2024.7 6 19/23.8 7+19.9 8(%).9 9.9 10.10 11.10 12.11 13.11 14-.12 15.13 16.14 17.14 18 3/4.14 19-.14 20.15 21.15 22 50%.15 23.16 24.16 25.17 26.17 27 蒟蒻 120g.18 28.19 29.19 30 24&23.19 31.20 32.20 2009 1210 5 33.20 34 80g.20 35 12.21 36.21 37.21 38.22 39.22 40.23 41 3-5-8.23 42.23 43.24 44.25 45.25 2009 1210 6 24 24 8 23 7 23 1 20 45 2023 14%2019 11%+23+22.8%24 2 1()2 2024 3 2024 1 23%2 2024 153.8 7.74 15.8%10.1%20%-20%-10%0%10%20%30%40%05,00010,00015,00020,00025,00030,00035,000 2 3 4 5 6 7 8 9 10 11 12 13 14 2024 2023 2019 24 23 24 19 050100150200250 3 5 7 9 11 13 27 29 31 33 35 37 39 2022 2021 20202019 2023 202405001,0001,500 3 5 7 9 11 13 27 29 31 33 35 37 39 2022 2021 20202019 2023 2024 2009 1210 7 23 24 TOP 2 10+%他们 4 2024 5 2024 24+2023 2019 2023+3 2 120%3.3 2019/19 24 30%+12.17 3()46%36%34%34%33%32%32%30%29%24%20%15%18%55%54%41%40%38%33%32%23%22%4%2009 1210 8 B B B B 23 B&5 186%26.9%21.7%24 80.2 4 6 19/23 5A 4A 2019 102.85%，2023 72.3%177.5 71.9%2019 63.9%952 163.82 92.67%876.75 54.14%。2 10 14 629.8 82.9%4 700 2023 70%5 1043.9 2023 258.4%45.49 20.08%2.75 28.08%59.8 37.76%36324.94 37.03%2 13 15 833 A 4 游客 数量/门票收入，2023 41.74%60.56%2019 9.3%39.12%4 2009 1210 9 7+19 8(%)FlightAl 18-23 24 24 14:00 1 AMX 9 2024/2/3-2024/2/14 050,000100,000150,000200,000250,0001/1 2/1 3/1 4/1 5/1 6/1 7/1 8/1 9/1 10/1 11/1 12/12019 2023 2024-30%-20%-10%0%10%20%30%40%01020304050607080902018 2019 2021 2022 2023 2024 yoy%2009 1210 10 10 11 2024/2/3-2024/2/14 2024/2/3-2024/2/14 2 24 75 76 5 19.8 A2 AMX AMX 2009 1210 11 12 1 99 2 14 13 2024/2/3-2024/2/14 A B A B 24-39.9 49.9 49.9 49.8 44 39.9 29.8 49.9 47.4 39.9 49.9 49.9 55 45.8 46.4-0.62 68 59 68 47.4 59.9 59.9 49.9 47.4 47.4 68 39.9 75 57.5 66.7-9.22 59.9 59.9 65 56.8 74.7 59.9 19.8 54.9 59.9 59.9 59.9 76 38 57.3 66.8-9.52 68.6 78 78 78 78 97.8 78 78 78 78 78 78.9 76.2 2.75 49.9 49.5 88 62.5 49.8 12.67 87.1 99 84 99 99 99 94.5 99-4.48 A2 88 57.9 88 88 90 88 88 68 82.0 78.4 3.59 49.8 46.4 56 59 52.8 47.2 5.60+57.6 39.8 47 48.1 49.5 66 55.8 49.9 58 49.9 49.9 47.4 59.9 47.4 54.8 44.5 75 54.5 47.4 7.06 59.9 65.8 88 88 88 59.9 74.9 63 11.93 AMX 66 88 69.8 88 89 88 88 88 88 78 83.1 66.6 16.48AMX 88 88 88 79.2 79.2 71.1 8.10 43.8 49.2 49.8 49.8 49.8 55 49.8 49.2 52.8 36 53 60 49.9 47.2 2.65 48 48 35.8 29.8 36.3 36 48 38.6 40.1 62.4 49.8 59.8 66 59.9 52.8 59.9 49.9 57.6 48 36 35.8 48 36 40.8 43.9 39.9 33 48.5 55 49.9 49.8 49.9 44.9 44.9 49.9 68 64.8 58 50.0 49.9 0.13 59.8 59.9 42.9 58.8 59.9 72 59.9 59.9 59.9 58.8 59.9 77.9 75 61.9 62-0.11 65 54.8 68 68 68 51 39.9 59.2 61.9-2.66 39.9 40.9 50.9 48 39.9 39.9 53.8 55 39.9 49.9 49.9 49.9 59 47.5 44.3 3.15 80 59.9 59.9 45 80 61.1 60 59.9 78 64.9 67.3-2.43 58 44.1 51.05 57.8 59.8 66 59.4 52.8 65.8 59 60.1 33 31 36 29.8 34.5 31.5 33.8 39.6 45 33 33 49.9 29.9 35.4 38.3-2.92 39.9 48.75 39.9 37.9 39.9 44.9 39.9 41.6 44.5 44.5 51 44.9 69 44.9 44.5 49.0 2009 1210 12 3 15-30 10 13-35 20-40 13-20 15-25 14-1 2023/1/18-2023/1/26 2024/2/3-2024/2/14 2 14 A B A B 24-87 112 5 30 12 74 147 27 76 54 42 65 41 59 65-6 39 56 95 43 96 27 66 16 105 29 143 65 62 3 102 22 118 103 43 64 160 22 99 64 105 9 107 63 77 50 27 25 65 77 61 74 90 27 153 65 83 9 66 48 18 105 120 95 64 96 129-33 108 44 94 46 17 108 70 62 8 A2 13 85 80 55 50 67 80 30 58 60-3 45 20 3 53 30 24 6+118 54 15 62 47 115 38 17 80 127 94 94 37 48 15 143 59 70 75-5 31 34 61 66 120 60 62 79-17 AMX 22 127 61 32 17 53 126 37 88 23 59 76-17AMX 88 88 88 79.2 79.2 62 17 43 57 93 35 12 130 41 11 29 99 33 34 51 4 118 57 111 115 130 126 29 86 72 76 104 54 68 69 86 121 81 42 83 56 65 88 67 39 109 116 26 91 55 12 51 101 64 74 34 18 51 60 70-10 35 102 119 48 60 20 12 47 87 64 66 20 54 56 68-12 38 14 43 87 27 64 149 60 64-4 42 118 60 42 19 59 81 104 62 92 84 90 71 56 15 140 20 123 123 93 92 123 102 84 18 58 44.1 51.05 80 51 56 27 75 13 31 48 57 34 117 17 93 79 83 41 64 41 22 123 101 67 57 10 93 109 18 96 101 59 108 83 52 48 25 13 54 54 47 42 2009 1210 13 15 2024/2/3-2024/2/14 4&A A B 24-9 64 10 14 55 115 1 21 11 0 0 26 8-15 28 30 71 0 92 7 28 32 0 73 45 49 94 0 0 92 0-5 35-14 0 19 37 49 42 0 34 21 0-30 0-10 0 0 70 0 18 A2 0 0 22 21 40 0 14 9-31-11+25 1 22 16-53 82 0 14 26 27 69 0 4 0 109 38 26 23 18 7 13 15 AMX-40 10 30 0 0 0 0 0 0AMX 0 0 0 0 0 16 0-3 9 52 1 0 15 0 0 9 0-34 25 85 0 0 0 0 10 0 0 0 0 0 50 8 0 0 0 0-39 2 0 92 0 7 27 28 22 0 0 20 13 12 0 34 38 16 7 8 59 0 9 25 19 10 0 20 1 0 47 13 0 0 0 0 5 58 62 18 64 10 0 32 40 0 0 21 31 54 42.5 0 0 0 0 0 0 0 0 0-15 86 0 0 0 0-44-22 1 51 0 13 69 0 80 36 28 0 18 0 2 0 8 2009 1210 14 16 17 SKU 10-11 18 3/4 19-1 24 2009 1210 15 10%-30%79-138 59-115 20 1 2/3 21 22 50%50%SKU 15 2009 1210 16 50%2 3 5 1 1 23 24 3 蒟蒻 3 2009 1210 17 24 1 500g 25 1 500g 2/90%2023 10 20%50g 30g 31/500g 26 1 500g 2 蒟蒻 蒟蒻 2009 1210 18 2021 蒟蒻 100%120g 蒟蒻 27 蒟蒻 120g 1 500g 2 1 2-3 2009 1210 19 28 29 3.5-4.5(/4/5)3.5 30 24&23 24 2024/2/5-2024/2/13 23 2023/1/18-2023/1/26 22 2022/1/28-2022/2/3 2009 1210 20 2 2-4 1-2 9-11 31 32 3 1/3 3-5 80g 3.5-3.8 33 34 80g/3.5 3.4 3.5 3.8 3 2 3 5/3.5 3 3.35/3.8 3.8 7 5-5:2024/2/4-2024/2/14 2009 1210 21 4 7-8 1-2 1-2 35 12 2024/2/03-2024/2/14 36 37 2009 1210 22 1 RIO NFC SKU if 38 39 2009 1210 23 40 RIO 3-5-8 RIO 8-9 41 3-5-8 42 2 23Q1 D K 23/07 23/12 23/12 23/08-23/11 23/12 23/12 23/12 23/06-23/12 23/12 23/12 23/12 23/06-23/11 23/08 23/12 23/12 A B 23/11 23/12 23/08 23/05 23/09 23/09 23/08 23/07 23/09 24/01 2009 1210 24 Q10 XBB 43 23 10 23 6 3 2-3 23Q3 23 12 24 1 49 20 30 10 9.9 20230619 20231022 20230221 20231029 20221027 20231212 20230712 C 2023.01 D K 20230509 20231016 20231102 20231105 20221106 Q10 E 20230103 20230104 C E 20220715 20221213 20231021 20231003 20221108 20231022 20221103 20230716DHA 20230711 2023.10/11 20230624 20230924 20231113 20221022 20231106 20230807 20230103 20231106Lifespace 20220902 20230110 20231113 20230302 2009 1210 25 44 45 1 2/2009 1210 26 7 2020 2021-2023 5 2019 2020 2021 5 2020 2020 2022 2022 4 2020 2023 15 2013 2023 2009 1210 27 010-63214682 010-63214682 010-63214682 010-63214682 010-63214682 010-66500808 010-66500821 010-63214682 0755-82828570 0755-83715428 0755-82756804 0755-82871425 0755-82871425 021-20572536 021-20572555 021-20572257-2552 021-20572506 021-20572585 021-20572509 021-20572548 021-20572573 0755-82756805 021-20572559 021-20572559 0755-82756805 021-20572559 玙 021-25072549 2009 1210 28 A 300 500/6 20%6 10%20%6-10%10%6 10%20%3-6 5%3-6-5%5%3-6 5%600519 3.97%26 C 3A 1061 A 19 33 12 100033 518034 200120 010-66500801 0755-82027731 021-20572500 010-66500900 0755-82828562 021-20572522
