Kweichow Moutai Co Ltd Class A 600519

Morningstar Rating
CN¥1,309.22 +0.67 (0.05%)
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Company Report

Price vs Fair Value

600519 is trading at a LOCK|&%mz?F premium.
Price
CN¥1,309.22
Fair Value
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Uncertainty
LOCK|#%
1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Kweichow Moutai’s iconic status in Chinese drinking culture is extremely difficult for its competitors to duplicate, giving it strong pricing power, the benefits of which are reflected in its industry-leading profitability.

Bears

China's anticorruption campaign could add pressure to Moutai’s revenue growth.

News

Trading Information

Previous Close Price
CN¥1,308.55
Day Range
CN¥1,301.001,315.28
52-Week Range
CN¥1,151.011,565.00
Bid/Ask
CN¥1,309.22 / CN¥1,309.23
Shares Outstanding
1.25B
Market Cap
CN¥1.64T
Volume/Avg
2M / 5M

Key Statistics

Price/Earnings (Normalized)
19.81
Price/Sales
9.36
Dividend Yield (Trailing)
3.97%
Dividend Yield (Forward)
3.97%
Total Yield
3.97%

Company Profile

Kweichow Moutai is China’s largest baijiu producer, with sales revenue of over CNY 170 billion in 2024. Established in 1951, Moutai is headquartered in Moutai Town, Renhuai City, Guizhou province, in southwest China. Its core product, 53-degree Feitian Moutai, is known as China’s national drink and has been consumed during many high-profile historical and political events. Moutai’s unparalleled brand strength and premium product quality have led to remarkable pricing power, allowing it to achieve the industry's highest retail prices and profit margins. The State-owned Assets Supervision and Administration Commission of Guizhou province, through Moutai Group, controls a 49% stake in Kweichow Moutai.
Sector
Consumer Defensive
Industry
Beverages - Wineries & Distilleries
Stock Style Box
Large Core
Total Number of Employees
34,992

Competitors

Valuation

Metric
600519
DGE
000858
Price/Earnings (Normalized)
19.8124.3723.17
Price/Book Value
6.054.852.28
Price/Sales
9.362.736.30
Price/Cash Flow
20.6012.4225.75
Price/Earnings
600519
DGE
000858

Financial Strength

Metric
600519
DGE
000858
Quick Ratio
5.430.612.15
Current Ratio
7.061.602.56
Interest Coverage
2,750.554.05546.75
Quick Ratio
600519
DGE
000858

Profitability

Metric
600519
DGE
000858
Return on Assets (Normalized)
26.97%8.64%
Return on Equity (Normalized)
32.56%13.33%
Return on Invested Capital (Normalized)
31.15%11.47%
Return on Assets
600519
DGE
000858

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