Earnings Alerts

Kweichow Moutai (600519) Earnings: 1H Core Brand Sales Hit 68.57B Yuan, Net Income Up 15.9%

  • Kweichow Moutai‘s Core Brand Sales: 68.57 billion yuan in the first half of 2024
  • Other Series Liquor Sales: 13.15 billion yuan in the same period
  • Net Income Growth: Increased by 15.9%
  • Analyst Recommendations: 52 buys, 1 hold, 0 sells

Kweichow Moutai on Smartkarma

Analysts on Smartkarma are closely covering Kweichow Moutai (600519 CH), one of China’s leading liquor companies. Steve Zhou, CFA, in his report “Change In Chairman And In-Line 1Q24 Results,” expresses positivity regarding the chairman change, citing the new chairman’s strong reputation and past success in the industry. Mr. Zhang Deqin, the ex-chairman of Xi Jiu, is poised to take over the chairman role from Mr. Ding Xiongjun. This change is viewed as a favorable move for the company as it brings in a chairman with a proven track record.

Another analyst, Travis Lundy, highlights the recent investment trends in his report “Mainland Connect NORTHBOUND Flows (To 23 Feb 2024).” He notes that NORTHBOUND flows have been positive for four consecutive weeks, with foreigners and the National Team increasing their positions while retail investors have been selling. The report provides detailed insights into the market dynamics, revealing notable trends in different sectors like finance and information technology. Lundy’s analysis gives investors a comprehensive view of the recent investment activities in connection with Kweichow Moutai and other companies in the market.


A look at Kweichow Moutai Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Investors eyeing Kweichow Moutai‘s long-term prospects may find encouragement in the company’s Smart Scores. With strong ratings in Dividend, Growth, and Resilience, the spirits manufacturer seems well-positioned for sustained success. Kweichow Moutai‘s focus on dividends, coupled with robust growth potential and resilience in the face of market challenges, bode well for its future prospects.

Although the company scores moderately in Value and Momentum, the overall positive outlook painted by its Smart Scores suggests a promising trajectory ahead. As Kweichow Moutai continues to expand its global reach with its sorghum and wheat-based spirit products, investors may view this company as a solid contender for long-term investment growth.

### Kweichow Moutai Co., Ltd. manufactures spirits. The Company’s spirit products are distilled from sorghum and wheat. Kweichow Moutai markets its products worldwide. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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