Skip to Content

Anhui Gujing Distillery Co Ltd Class A 000596

Morningstar Rating
CNY 261.99 −0.40 (0.15%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Initiating Coverage of Anhui Gujing; Leading Regional Brand Starts To Expand Nationwide

Anhui Gujing is one of the eight national well-known baijiu brands. Thanks to its strong brand heritage and deep-rooted distribution network in the regional market, Gujing has become Anhui’s largest distiller by sales since 2012 and has led the province’s premiumization via sales growth of its flagship premium Gujing Year Puree series, which allows the company to enjoy decent profitability and returns.

Price vs Fair Value

000596 is trading at a 15% premium.
Price
CNY 259.10
Fair Value
CNY 587.00
Uncertainty
High
1-Star Price
CNY 711.58
5-Star Price
CNY 954.00
Economic Moat
Pllzdc
Capital Allocation
Sjzskpcl

Bulls Say, Bears Say

Bulls

Gujing is the only baijiu brand in Anhui awarded the national well-known baijiu designation, with absolute leadership and first-mover status.

Bears

The baijiu sector is more cyclical than other consumer staple industries.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if 000596 is a good fit for your portfolio.

Trading Information

Previous Close Price
CNY 262.39
Day Range
CNY 257.52263.59
52-Week Range
CNY 199.16301.10
Bid/Ask
CNY 261.99 / CNY 262.00
Market Cap
CNY 138.49 Bil
Volume/Avg
810,764 / 1.6 Mil

Key Statistics

Price/Earnings (Normalized)
32.22
Price/Sales
6.95
Dividend Yield (Trailing)
1.16%
Dividend Yield (Forward)
1.16%
Total Yield
1.15%

Company Profile

Anhui Gujing is one of the eight most famous baijiu brands in China and the largest baijiu distiller in Anhui province by sales in 2022. The company produces rich-flavored baijiu, with a colorful brand story tracing back 1,800 years to the Three Kingdoms period. Gujing is one of the leading players in the midrange to high-end market and enjoys high retail prices and profit margins, with its flagship Gujing Year Puree series contributing 70%-75% of total sales. The State-Owned Assets Supervision and Administration Commission of Bozhou controls 28% of Gujing.
Sector
Consumer Defensive
Industry
Beverages - Wineries & Distilleries
Stock Style Box
Large Growth
Total Number of Employees
11,310

Competitors

Valuation

Metric
000596
600809
000568
Price/Earnings (Normalized)
32.2229.1520.62
Price/Book Value
6.6811.366.93
Price/Sales
6.959.869.05
Price/Cash Flow
36.7632.0724.29
Price/Earnings
000596
600809
000568

Financial Strength

Metric
000596
600809
000568
Quick Ratio
1.500.333.48
Current Ratio
2.032.384.68
Interest Coverage
1,782.60466.3839.20
Quick Ratio
000596
600809
000568

Profitability

Metric
000596
600809
000568
Return on Assets (Normalized)
12.73%27.12%22.90%
Return on Equity (Normalized)
21.80%43.94%35.58%
Return on Invested Capital (Normalized)
19.73%42.01%28.22%
Return on Assets
000596
600809
000568
See how this stock stacks up to its competitors with Morningstar Investor

Beverages - Wineries & Distilleries Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
DGEAF
Diageo PLCPyjn$78.6 Bil
DEO
Diageo PLC ADRFtzlxhvCjyz$77.4 Bil
STZ
Constellation Brands Inc Class AGrwxnqgqyXtylk$47.9 Bil
PDRDF
Pernod Ricard SAKpbs$39.0 Bil
PRNDY
Pernod Ricard SA ADRNdfr$38.9 Bil
BF.A
Brown-Forman Corp Class ATfqybxkpHfhr$23.5 Bil
BF.B
Brown-Forman Corp Registered Shs -B- Non VtgZjdsqblwvXrym$23.5 Bil
DVDCF
Davide Campari-Milano NV Az nom Post FrazionamentoKhf$12.3 Bil
DVCMY
Davide Campari-Milano NV ADRWmr$12.3 Bil
TBVPF
Thai Beverage PLCRvqy$8.9 Bil

Sponsor Center