WILC Latest Report

Performance Review

G.Willi-Food (stock code: WILC) recorded an operating revenue of RMB1.40302 million as of December 31, 2024, up 1.13% from 2023. Although the increase was modest, it demonstrated the company's stability and certain growth momentum in the market.

Key Data in the Financial Report

1. The operating revenue in 2024 increased slightly compared to 2023, reflecting the company's stability in the food industry.

2. The stability of market demand may be the main reason for the revenue growth, as consumers' demand for basic food is relatively continuous.

3. The company improved sales through product portfolio optimization and channel expansion, especially the positive impact brought by the launch of new products.

4. Changes in the industry competition environment may have helped the company gain a certain market share.

5. The overall improvement in the macro economy is expected to promote consumer spending, thereby driving revenue growth.

Peer Comparison

1. Industry-wide analysis: The food industry as a whole showed a stable growth trend in 2024, especially in the post-epidemic consumption recovery, with consumers' demand for food continuing to increase. Industry reports show that the operating revenues of many food companies increased during this period, indicating the industry's resilience and growth potential.

2. Peer evaluation analysis: G.Willi-Food's operating revenue growth rate was slightly lower than the industry average, which is between 3%-5%, indicating that the company faces certain pressure in the market competition and needs to strengthen its market competitiveness and product attractiveness.

Summary

Although G.Willi-Food's operating revenue growth maintained a positive trend, the increase was modest, indicating the company's challenges in the competitive market. The company needs to continue to optimize its product portfolio and expand its sales channels to enhance its market competitiveness.

Opportunities

1. The market response to the launch of new healthy food products is good, and it is expected to further expand its market share.

2. The overall trend of industry healthification provides opportunities for the company to develop, which can be achieved through innovation to meet consumers' growing health needs.

3. Policy support, such as the "Healthy China 2030" plan, will help the company develop in the health food sector.

Risks

1. Intensified competition in the industry may lead to a loss of market share, affecting the company's future revenue growth.

2. Macroeconomic fluctuations may lead to a decrease in consumer spending, thus negatively affecting sales growth.

3. Although raw material prices have declined, attention should still be paid to the potential price fluctuations that may affect the company's profitability.