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Added to YB: 2025-02-26

Pitch date: 2025-02-24

600809.SS [bullish]

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

-43.4%

current return

Author Info

Moatless Musings shares musings on investing in China and economic development with a global perspective. Sign up for the newsletter.

Company Info

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd. produces and sells liquors in China and Internationally. It offers liquors under the Fenjiu, Zhuyeqing, and Xinghuacun names.

Market Cap

CNY 133.3B

Pitch Price

CNY 193.01

Price Target

N/A

Dividend

6.00%

EV/EBITDA

7.93

P/E

12.14

EV/Sales

3.27

Sector

Beverages

Category

growth

Show full summary:
The Patrón of Xinghuacun - a modest proposal for Fenjiu (600809.CH)

XHCF.SS: Leading Chinese baijiu brand w/ expansion potential via market share gains & penetration growth. 75% gross margin, 30% net margin. Revenue grew 6x 2017-2024. Trading at 16.5x fwd earnings. Qinghua 20 product driving growth & margin expansion. Bofen success in mass segment. Risks: consumption tax changes, coal price impact on Shanxi economy.

Read full article (12 min)