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IFBH轻资产模式逻辑梳理
IFBH轻资产模式逻辑梳理
商业模式
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所属报告：
20260119-东吴证券-IFBH-06603.HK-领衔品类成长加码品牌与渠道.pdf
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IFBH国内经销商数量持续扩张
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行业数据
2026-03-15
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IFBH与国内软饮料企业广宣推广支出占比、营
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行业数据
2026-03-15
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IFBH中国内地线下销售额中一线、新一线及二线占比超50%（2024A）
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行业数据
2026-03-15
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IFBH渠道模式＆渠道管控逻辑梳理
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商业模式
2026-01-20
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2023-2025H1IFBH营业收入情况
fCDlubTku70gICAgIHwg5qSw5a2Q5rC077yI5Lq/5YWD77yJIHwg5YW25LuW77yI5Lq/5YWD77yJIHwKfC0tLS0tLS0tLS18LS0tLS0tLS0tLS0tLS0tLXwtLS0tLS0tLS0tLS0tLXwKfCAyMDIzICAgICB8IDUuODEgICAgICAgICAgIHwgMC4zOCAgICAgICAgIHwKfCAyMDI0ICAgICB8IDEwLjgzICAgICAgICAgIHwgMC41MCAgICAgICAgIHwKfCAyMDI1SDEgICB8IDYuNTUgICAgICAgICAgIHwgMC4yMSAgICAgICAgIHwKCui1hOaWmeadpea6kO+8muWbvuihqOaJgOekuuaVsOaNrg==
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行业数据
2025-11-19
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2024年IFBH按品牌营收来源占比情况
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行业数据
2025-11-19
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2024年IFBH按地区营收来源占比情况
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行业数据
2025-11-19
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2023-2025H1IFBH总营收及增速
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行业数据
2025-09-29
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2023-2025H1IFBH归母净利润及增速
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行业数据
2025-09-29
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2023-2025H1IFBH不同市场收入占比及增速
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行业数据
2025-09-29
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2023-2024年IFBH按品类拆分均价（美元/公升）
fCDlubTku70gfCDmpLDlrZDmsLTvvIjnvo7lhYMv5YWs5Y2H77yJIHwg5YW25LuW5qSw5a2Q5rC055u45YWz77yI576O5YWDL+WFrOWNh++8iSB8IOWFtuS7lumlruaWme+8iOe+juWFgy/lhazljYfvvIkgfCDmpI3nianln7rpm7bpo5/vvIjnvo7lhYPvvIkgfAp8LS0tLS0tfC0tLS0tLS0tLS0tLS0tLS0tLS0tLXwtLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS18LS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tfC0tLS0tLS0tLS0tLS0tLS0tLS0tfAp8IDIwMjMgfCAxLjExICAgICAgICAgICAgICAgIHwgMS4zMyAgICAgICAgICAgICAgICAgICAgICAgICB8IDAuOTcgICAgICAgICAgICAgICAgICAgfCAxMC42NSAgICAgICAgICAgICAgfAp8IDIwMjQgfCAxLjE2ICAgICAgICAgICAgICAgIHwgMS4zNSAgICAgICAgICAgICAgICAgICAgICAgICB8IDEuMDYgICAgICAgICAgICAgICAgICAgfCAxMC4yNSAgICAgICAgICAgICAgfAoK6LWE5paZ5p2l5rqQ77yaSUZCSOaLm+iCoeS5pu+8jOilv+mDqOivgeWIuOeglOWPkeS4reW/gw==
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行业数据
2025-09-29
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2023-2024年IFBH前五大客户占比
fCDlrqLmiLfnsbvliKsgfCAyMDIz5bm05Y2g5q+UIHwgMjAyNOW5tOWNoOavlCB8CnwtLS0tLS0tLS0tfC0tLS0tLS0tLS0tLXwtLS0tLS0tLS0tLS18CnwgQSAgICAgICAgfCA0OCUgICAgICAgIHwgNDYlICAgICAgICB8CnwgQiAgICAgICAgfCAyNyUgICAgICAgIHwgMjglICAgICAgICB8CnwgQyAgICAgICAgfCAxNSUgICAgICAgIHwgMTYlICAgICAgICB8CnwgRCAgICAgICAgfCA1JSAgICAgICAgIHwgNCUgICAgICAgICB8CnwgRSAgICAgICAgfCAzJSAgICAgICAgIHwgMyUgICAgICAgICB8Cnwg5YW25LuWICAgICB8IDIlICAgICAgICAgfCAzJSAgICAgICAgIHwKCui1hOaWmeadpea6kO+8mklGQkgg5oub6IKh5Lmm77yM6KW/6YOo6K+B5Yi456CU5Y+R5Lit5b+D
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行业数据
2025-09-29
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2024年IFBH线上渠道销售细分占比
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行业数据
2025-09-29
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2023-2024年IFBH五大供应商（代工厂商）占比
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行业数据
2025-09-29
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最新数据
全球全年龄段奶粉市场规模（亿美元）
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行业数据
2026-07-30
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全球酸奶及发酵乳制品市场规模（亿美元）
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行业数据
2026-07-30
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全球药用级益生菌市场规模（百万美元）
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行业数据
2026-07-30
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全球益生菌膳食补充剂市场规模及增速
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行业数据
2026-07-30
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全球拥有AKK专利菌株的核心企业
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行业数据
2026-07-30
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响，但目前公司积极与中粮等大商合作，参考过去可口可乐与中粮、百事可乐与康师傅合作的成功案例，未来公司有望借力实现销售下沉。
商业模式
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当前图表所属：
20260119-东吴证券-IFBH-06603.HK-领衔品类成长加码品牌与渠道.pdf
可比公司估值表（截至2026/1/16收盘价）
公司收入拆分及盈利预测（单位：百万美元）
椰子水头部产品特点对比
IFBH产品矩阵梳理
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