Asia300

Kweichow Moutai Co., Ltd.

China

  • 1m
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Mar 27, 2017
Prev close: 378.82
Mar 27, 2017
Market cap:
Market cap(USD):
475,872.84M
69,085.22M
Shares: 1,256.19M

Currency in CNY

Company profile

Market(Ticker): SHG(600519)
Sector:
Industry:
Consumer Non-Durables
Beverages: Alcoholic
Full time employees: 21,115

Business summary

Kweichow Moutai Co., Ltd. engages in the manufacture and sale of alcoholic beverages, food, and packaging materials. It also deals with the development of anti-counterfeiting technology and related information technology products. The company was founded on November 20, 1999 and is headquartered in Renhuai, China.

Company background

Kweichow Moutai is a Chinese state-owned producer of baijiu, a traditional and strong alcoholic spirit made from sorghum, wheat and barley. The company's Moutai baijiu is considered to be China's luxury liquor. The company is known as one of the industry giants, alongside Sichuan-based Wuliangye Group.

Founded in 1999, Kweichow Moutai is based in Renhuai, Guizhou Province. It is headed by chairman Yuan Renguo. The distiller is listed on the Shenzhen Stock Exchange. Baijiu, has an alcohol content of around 40% and is particularly popular in China's cold northeastern and inland areas. China's baijiu market stood at about 10 trillion yen ($80.3 billion) in 2013.

High-end baijiu, ranges from hundreds of dollars to thousands of dollars per bottle, and was often served at banquets and events for, or presented as gifts to, high-ranking government officials and clients. However, its overall consumption is declining because of the current voluntary ban on extravagant banquets in the wake of President Xi Jinping's anti-graft campaign.

In the news

Financial highlights

Dec 2015

  • Local currency
  • US Dollar
Revenue 29,997.68M
Gross profit 27,041.80M
Operating income 22,087.56M
Income before tax 22,001.71M
Net income 15,503.09M
EBITDA 22,935.71M
Diluted EPS 12.34
Dividends per share 6.17
Total assets 86,301.46M
Total liabilities 20,051.72M
Total equity 63,925.97M
Operating cash flow 17,440.20M

Currency in CNY

Revenue 4,772.81M
Gross profit 4,302.51M
Operating income 3,514.26M
Income before tax 3,500.60M
Net income 2,466.63M
EBITDA 3,649.20M
Diluted EPS 1.96
Dividends per share 0.98
Total assets 13,290.23M
Total liabilities 3,087.92M
Total equity 9,844.45M
Operating cash flow 2,774.84M

Currency in USD

Valuation measures

Dec 2015

PER 17.68
ROA 20.37%
ROE 26.42%
Operating margin 73.63%
Profit margin 51.68%

Key executive

  • Director & Acting General Manager: Zi Li Liu
  • Chief Financial Officer: Ying Zi He
  • Director & Deputy General Manager: Ding Hua Tan
  • Director-Supervisory Board: Guo Xiang Chou
  • Deputy General Manager: Guang Yi Du

Share holders

  • Guizhou State-Owned Assets Sup. & Admin. Commission(64.2%)
  • China Securities Finance Corp. Ltd.(2.7%)
  • GIC Pte Ltd. (Investment Management)(1.5%)
  • E Fund Management Co., Ltd.(1.0%)
  • China Investment Corp. (Investment Management)(0.8%)
  • OppenheimerFunds, Inc.(0.5%)
  • Fidelity Management & Research Co.(0.5%)
  • Comgest S.A.(0.5%)
  • Invesco Advisers, Inc.(0.4%)
  • China Asset Management Co., Ltd.(0.4%)

Address

  • Website: http://www.moutaichina.com
  • Address: Moutai Town, Renhuai, 564501, China
  • Phone: +86.852.2386002

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