图 4：沪深 300 和食品饮料指数

资料来源：Wind,长江证券研究所

图 5：食品饮料指数相对沪深 300 的累计超额收益

资料来源：Wind,长江证券研究所

图 6：各线白酒相对沪深 300 估值（TTM）

资料来源：Wind,长江证券研究所

图 7：白酒和大众品相对估值对比

资料来源：Wind,长江证券研究所

表 2：周度涨跌幅榜

<table><tr><td>证券代码</td><td>证券简称</td><td>周涨跌幅/%</td><td>周成交量/万手</td><td>周换手率/%</td><td>周均价/元</td><td>周振幅/%</td></tr><tr><td>600084.SH</td><td>中葡股份</td><td>15.76</td><td>275.02</td><td>27.55</td><td>11.53</td><td>22.64</td></tr><tr><td>600300.SH</td><td>维维股份</td><td>8.56</td><td>115.98</td><td>6.94</td><td>7.31</td><td>12.55</td></tr><tr><td>002719.SZ</td><td>麦趣尔</td><td>7.83</td><td>44.83</td><td>118.52</td><td>64.98</td><td>18.29</td></tr><tr><td>600873.SH</td><td>梅花生物</td><td>7.19</td><td>633.37</td><td>20.38</td><td>7.10</td><td>9.43</td></tr><tr><td>000869.SZ</td><td>张裕A</td><td>6.79</td><td>11.13</td><td>2.45</td><td>38.71</td><td>7.16</td></tr><tr><td>600616.SH</td><td>金枫酒业</td><td>5.52</td><td>55.63</td><td>11.40</td><td>11.36</td><td>6.06</td></tr><tr><td>000848.SZ</td><td>承德露露</td><td>5.49</td><td>72.87</td><td>7.45</td><td>11.92</td><td>6.43</td></tr><tr><td>600887.SH</td><td>伊利股份</td><td>4.76</td><td>326.60</td><td>5.41</td><td>18.49</td><td>10.18</td></tr><tr><td>600779.SH</td><td>水井坊</td><td>4.20</td><td>26.74</td><td>5.47</td><td>17.24</td><td>4.91</td></tr><tr><td>002304.SZ</td><td>洋河股份</td><td>2.65</td><td>11.83</td><td>0.96</td><td>68.51</td><td>2.93</td></tr><tr><td>002661.SZ</td><td>克明面业</td><td>2.49</td><td>15.96</td><td>6.44</td><td>18.31</td><td>4.81</td></tr><tr><td>300146.SZ</td><td>汤臣倍健</td><td>2.33</td><td>63.57</td><td>7.39</td><td>12.99</td><td>2.95</td></tr><tr><td>600519.SH</td><td>贵州茅台</td><td>2.22</td><td>14.80</td><td>1.18</td><td>311.94</td><td>3.11</td></tr><tr><td>000596.SZ</td><td>古井贡酒</td><td>2.21</td><td>15.05</td><td>3.92</td><td>48.40</td><td>4.61</td></tr><tr><td>600132.SH</td><td>重庆啤酒</td><td>2.20</td><td>25.47</td><td>5.26</td><td>17.59</td><td>7.27</td></tr></table>

<table><tr><td>002582.SZ</td><td>好想你</td><td>2.16</td><td>27.21</td><td>34.73</td><td>42.77</td><td>8.16</td></tr><tr><td>000858.SZ</td><td>五粮液</td><td>2.06</td><td>115.33</td><td>3.04</td><td>34.81</td><td>3.34</td></tr><tr><td>600809.SH</td><td>山西汾酒</td><td>1.65</td><td>33.90</td><td>3.91</td><td>22.61</td><td>5.89</td></tr><tr><td>600597.SH</td><td>光明乳业</td><td>1.65</td><td>44.26</td><td>3.62</td><td>14.19</td><td>4.01</td></tr><tr><td>603589.SH</td><td>口子窖</td><td>1.59</td><td>17.22</td><td>5.87</td><td>34.40</td><td>3.03</td></tr><tr><td>000895.SZ</td><td>双汇发展</td><td>1.45</td><td>90.54</td><td>2.74</td><td>22.03</td><td>4.57</td></tr><tr><td>600059.SH</td><td>古越龙山</td><td>1.37</td><td>47.37</td><td>5.86</td><td>10.31</td><td>3.23</td></tr><tr><td>603288.SH</td><td>海天味业</td><td>1.10</td><td>7.44</td><td>2.74</td><td>31.11</td><td>2.52</td></tr><tr><td>000568.SZ</td><td>泸州老窖</td><td>1.08</td><td>59.75</td><td>4.26</td><td>33.62</td><td>3.03</td></tr><tr><td>600298.SH</td><td>安琪酵母</td><td>1.01</td><td>31.79</td><td>3.92</td><td>16.88</td><td>3.45</td></tr><tr><td>600429.SH</td><td>三元股份</td><td>0.95</td><td>30.93</td><td>3.50</td><td>8.48</td><td>4.65</td></tr><tr><td>600600.SH</td><td>青岛啤酒</td><td>0.84</td><td>15.87</td><td>2.28</td><td>30.98</td><td>1.62</td></tr><tr><td>000929.SZ</td><td>兰州黄河</td><td>0.76</td><td>25.71</td><td>13.85</td><td>20.86</td><td>5.83</td></tr><tr><td>600702.SH</td><td>沱牌舍得</td><td>0.60</td><td>38.99</td><td>11.56</td><td>23.32</td><td>4.93</td></tr><tr><td>002515.SZ</td><td>金字火腿</td><td>0.43</td><td>82.57</td><td>22.83</td><td>19.09</td><td>10.40</td></tr><tr><td>603369.SH</td><td>今世缘</td><td>0.37</td><td>26.45</td><td>3.89</td><td>13.31</td><td>3.00</td></tr><tr><td>000729.SZ</td><td>燕京啤酒</td><td>0.13</td><td>55.67</td><td>2.22</td><td>7.61</td><td>1.84</td></tr><tr><td>600543.SH</td><td>莫高股份</td><td>0.00</td><td>0.00</td><td>0.00</td><td>0.00</td><td>0.00</td></tr><tr><td>603198.SH</td><td>迎驾贡酒</td><td>-0.08</td><td>29.25</td><td>17.58</td><td>23.71</td><td>3.78</td></tr><tr><td>002557.SZ</td><td>洽洽食品</td><td>-0.11</td><td>14.03</td><td>2.77</td><td>17.49</td><td>2.86</td></tr><tr><td>002461.SZ</td><td>珠江啤酒</td><td>-0.30</td><td>21.37</td><td>3.14</td><td>13.23</td><td>4.55</td></tr><tr><td>600365.SH</td><td>通葡股份</td><td>-0.40</td><td>57.95</td><td>14.49</td><td>12.58</td><td>6.56</td></tr><tr><td>002495.SZ</td><td>佳隆股份</td><td>-0.41</td><td>218.65</td><td>32.83</td><td>7.28</td><td>4.89</td></tr><tr><td>600872.SH</td><td>中炬高新</td><td>-0.42</td><td>39.99</td><td>5.02</td><td>16.42</td><td>3.31</td></tr><tr><td>600199.SH</td><td>金种子酒</td><td>-0.59</td><td>51.39</td><td>9.25</td><td>10.11</td><td>3.17</td></tr><tr><td>002570.SZ</td><td>贝因美</td><td>-0.75</td><td>51.67</td><td>5.06</td><td>12.07</td><td>4.22</td></tr><tr><td>002646.SZ</td><td>青青稞酒</td><td>-0.75</td><td>15.03</td><td>3.34</td><td>20.02</td><td>2.59</td></tr><tr><td>600197.SH</td><td>伊力特</td><td>-0.93</td><td>34.66</td><td>7.86</td><td>14.99</td><td>2.79</td></tr><tr><td>600559.SH</td><td>老白干酒</td><td>-0.98</td><td>22.76</td><td>6.50</td><td>24.58</td><td>4.32</td></tr><tr><td>600186.SH</td><td>莲花味精</td><td>-1.24</td><td>87.26</td><td>8.22</td><td>5.61</td><td>4.26</td></tr><tr><td>002770.SZ</td><td>科迪乳业</td><td>-1.36</td><td>35.19</td><td>12.96</td><td>12.36</td><td>5.38</td></tr><tr><td>002702.SZ</td><td>海欣食品</td><td>-1.37</td><td>48.97</td><td>29.86</td><td>19.02</td><td>7.35</td></tr><tr><td>000716.SZ</td><td>黑芝麻</td><td>-1.42</td><td>59.05</td><td>10.73</td><td>7.70</td><td>6.07</td></tr><tr><td>600073.SH</td><td>上海梅林</td><td>-1.50</td><td>64.38</td><td>6.87</td><td>11.94</td><td>5.24</td></tr><tr><td>002216.SZ</td><td>三全食品</td><td>-1.71</td><td>27.88</td><td>4.89</td><td>9.92</td><td>6.63</td></tr><tr><td>000752.SZ</td><td>西藏发展</td><td>-1.80</td><td>29.52</td><td>11.19</td><td>18.71</td><td>5.66</td></tr><tr><td>000995.SZ</td><td>*ST皇台</td><td>-1.80</td><td>14.79</td><td>8.33</td><td>17.50</td><td>3.32</td></tr><tr><td>002330.SZ</td><td>得利斯</td><td>-1.82</td><td>23.76</td><td>4.73</td><td>12.03</td><td>4.70</td></tr><tr><td>600305.SH</td><td>恒顺醋业</td><td>-2.00</td><td>24.07</td><td>3.99</td><td>11.91</td><td>4.32</td></tr><tr><td>002481.SZ</td><td>双塔食品</td><td>-2.00</td><td>86.56</td><td>7.08</td><td>7.91</td><td>6.12</td></tr><tr><td>002329.SZ</td><td>皇氏集团</td><td>-2.01</td><td>113.72</td><td>23.51</td><td>16.01</td><td>10.31</td></tr></table>