Goldman Sachs flags 60 percent prepayments for Luzhou Laojiao stock
Published on 10/09/2026 at 12:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Goldman Sachs reported that Luzhou Laojiao had reached 60 percent of its annual prepayment target by the end of September.
- Second-quarter 2026 revenue was CNY 2.45 billion and net income was CNY 630.81 million.
- Fintel reported that the average analyst target fell from CNY 111.13 to CNY 99.76 by September 14, 2026.
- The next reported earnings date is October 30, 2026, according to TradingView.
Luzhou Laojiao (CNE000000GF2) had reached 60.00 percent of its annual prepayment target by the end of September, according to Futu on October 8, 2026. The Goldman Sachs expert call also described inventories exceeding 3.50 months for Guojiao 1573, putting channel execution at the center of the stock debate.
Three milestones shape the story
The chronology shows a sharp change in the operating picture. On August 25, 2026, Luzhou Laojiao reported revenue of CNY 2.45 billion, below a CNY 6.17 billion estimate, according to Fintel.
On September 14, 2026, Fintel reported that the average analyst target had fallen from CNY 111.13 to CNY 99.76, a 10.24 percent reduction. On October 8, 2026, the Goldman Sachs channel report put Luzhou Laojiao's prepayment progress at 60.00 percent and inventory above 3.50 months, making the current event the most recent milestone.
What does 60 percent mean?
The figure points to slower channel conversion during the 2026 Mid-Autumn and National Day selling season. The same Futu report said Guojiao 1573 sales had declined by nearly 30.00 percent year over year, while distributor inventories exceeded 3.50 months. That combination matters because prepayments and inventory describe demand quality more directly than shipments alone.
Dates and market context
The next dated company event is the earnings report scheduled for October 30, 2026, according to TradingView. The same page identifies 000568 on the Shenzhen Stock Exchange and lists second-quarter net income at CNY 630.81 million, versus CNY 3.71 billion in the comparison period.
Finance data put the primary-exchange quote at CNY 71.50 on October 9, 2026, while the 52-week range was CNY 69.32 to CNY 145.88 and market capitalization was CNY 105.1 billion. The range leaves the quote close to its yearly low, while the lower analyst target and weak channel figures point to a valuation debate centered on recovery timing rather than headline growth.
Market context: Market report Shanghai Composite.
Luzhou Laojiao stock facts
- Company: Luzhou Laojiao Co., Ltd.
- ISIN: CNE000000GF2
- Ticker: 000568
- Primary exchange: Shenzhen Stock Exchange
- Primary-exchange quote: CNY 71.50 as of October 9, 2026
- Market capitalization: CNY 105.1 billion as of October 9, 2026
- 52-week range: CNY 69.32-CNY 145.88 as of October 9, 2026
- Sector / Industry: Consumer Defensive / Beverages - Wineries and Distilleries
- Next earnings date: October 30, 2026
