Asia300

Kweichow Moutai Co., Ltd.

China

  • 1m
  • 3m
  • 6m
  • 1y
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  • 5y
Nov 17, 2017
Prev close: 690.25
Nov 17, 2017
Market cap:
Market cap(USD):
867,090M
130,677M
Shares: 1,256.2M

Currency in CNY

Company profile

Market(Ticker): SHG(600519)
Sector:
Industry:
Consumer Non-Durables
Beverages: Alcoholic
Full time employees: 21,237

Business summary

Kweichow Moutai Co., Ltd. engages in the operation of wine industries. Its businesses include procurement of raw materials, production, and sale of products. Its Procurement of Raw Materials division involves in the production and sale plan for purchase of products. Its Production division provides storage, blending, and packaging services. Its Sales division distributes wine 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 2016

  • Local currency
  • US Dollar
Revenue 33,646.15M
Gross profit 29,782.16M
Operating income 24,232.44M
Income before tax 23,957.88M
Net income 16,718.36M
EBITDA 25,166.64M
Diluted EPS 13.31
Dividends per share 6.78
Total assets 112,934.53M
Total liabilities 37,020.42M
Total equity 72,894.13M
Operating cash flow 37,451.24M

Currency in CNY

Revenue 5,064.47M
Gross profit 4,482.86M
Operating income 3,647.51M
Income before tax 3,606.18M
Net income 2,516.47M
EBITDA 3,788.12M
Diluted EPS 2.00
Dividends per share 1.02
Total assets 16,250.74M
Total liabilities 5,327.06M
Total equity 10,489.11M
Operating cash flow 5,637.22M

Currency in USD

Valuation measures

Dec 2016

PER 25.10
ROA 16.78%
ROE 24.43%
Operating margin 72.02%
Profit margin 49.68%

Key executive

  • General Manager & Director: Bao Fang Li
  • Chief Financial Officer & Deputy General Manager: Ying Zi He
  • Deputy General Manager: Gui Sheng Li
  • Deputy General Manager: Ming Quan Yuan
  • Deputy General Manager: Jia Qi Zhang

Share holders

  • Guizhou State-Owned Assets Sup. & Admin. Commission(64.2%)
  • China Securities Finance Corp. Ltd.(1.9%)
  • E Fund Management (Hong Kong) Co., Ltd.(0.9%)
  • China Investment Corp. (Investment Management)(0.8%)
  • OppenheimerFunds, Inc.(0.5%)
  • E Fund Management Co., Ltd.(0.5%)
  • China Asset Management Co., Ltd.(0.4%)
  • Fidelity Management & Research Co.(0.4%)
  • Genesis Investment Management LLP(0.3%)
  • GIC Pte Ltd. (Investment Management)(0.3%)

Address

  • Website: http://www.moutaichina.com
  • Address: Moutai Town, Renhuai, 564501, China
  • Phone: +86.851.22386002

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