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Shede Spirits Co Ltd
SSE:600702

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Shede Spirits Co Ltd
SSE:600702
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Price: 59.41 CNY 1.82% Market Closed
Market Cap: ¥19.8B

Net Margin

3.2%
Current
Declining
by 13.8%
vs 3-y average of 17%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
3.2%
=
Net Income
¥148.9m
/
Revenue
¥4.6B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
3.2%
=
Net Income
¥148.9m
/
Revenue
¥4.6B

Peer Comparison

Country Company Market Cap Net
Margin
CN
Shede Spirits Co Ltd
SSE:600702
19.8B CNY
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CN
Kweichow Moutai Co Ltd
SSE:600519
1.9T CNY
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CN
Wuliangye Yibin Co Ltd
SZSE:000858
417.3B CNY
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UK
Diageo PLC
LSE:DGE
39.5B GBP
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ZA
Distell Group Holdings Ltd
JSE:DGH
40.2B ZAR
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CN
Shanxi Xinghuacun Fen Wine Factory Co Ltd
SSE:600809
214.3B CNY
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US
Constellation Brands Inc
NYSE:STZ
28.5B USD
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CN
Luzhou Laojiao Co Ltd
SZSE:000568
180.8B CNY
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FR
Pernod Ricard SA
PAR:RI
20.3B EUR
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US
Brown-Forman Corp
NYSE:BF.B
13.8B USD
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CN
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SZSE:002304
83.4B CNY
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Market Distribution

In line with most companies in China
Percentile
49th
Based on 8 721 companies
49th percentile
3.2%
Low
-416 945.9% — -1.5%
Typical Range
-1.5% — 8.9%
High
8.9% — 17 382.1%
Distribution Statistics
China
Min -416 945.9%
30th Percentile -1.5%
Median 3.5%
70th Percentile 8.9%
Max 17 382.1%

Shede Spirits Co Ltd
Glance View

Market Cap
19.8B CNY
Industry
Beverages

Shede Spirits Co Ltd, a stalwart in China's vibrant liquor industry, has crafted its distinct narrative through a blend of tradition, innovation, and strategic foresight. Originating from the lush landscapes of Sichuan province, a region celebrated for its rich liquor heritage, Shede has risen to prominence, primarily through the production of baijiu, a potent and culturally significant Chinese spirit. Steeped in time-honored techniques, the company has meticulously refined its brewing and fermentation processes—a nod to the traditional methods that lend their spirits an unparalleled flavor and character. This homage to tradition is harmoniously combined with modern branding and marketing strategies, helping to build a loyal customer base that values both the quality and mythos surrounding their offering. It's through this successful blend of heritage and modernity that Shede Spirits has fostered a compelling brand identity, which is deeply ingrained in China's rich tapestry of cultural practices. Financially, Shede Spirits' model revolves around capitalizing on the growing premiumization trend within the Chinese alcohol market. In a landscape where consumers increasingly seek higher-quality, premium products, Shede Spirits has adeptly positioned itself as an upscale choice. This strategic pivot towards premium products not only elevates brand prestige but also ensures more lucrative margins, amplifying profitability. The company leverages various sales channels, including traditional retail, direct sales, and an expanding e-commerce presence, to reach its diverse customer base efficiently. These channels are complemented by impactful marketing campaigns that resonate with both traditional and modern audiences, strengthening its market position. Through astute financial management and strategic expansion initiatives, Shede Spirits continues to solidify its stature as a formidable player in the Chinese liquor sector, innovatively embracing the evolving consumer preferences and market dynamics.

Intrinsic Value
28.4 CNY
Overvaluation 52%
Intrinsic Value
Price
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
3.2%
=
Net Income
¥148.9m
/
Revenue
¥4.6B
What is Shede Spirits Co Ltd's current Net Margin?

The current Net Margin for Shede Spirits Co Ltd is 3.2%, which is below its 3-year median of 17%.

How has Net Margin changed over time?

Over the last 3 years, Shede Spirits Co Ltd’s Net Margin has decreased from 24.7% to 3.2%. During this period, it reached a low of 2.9% on Mar 31, 2025 and a high of 27.8% on Mar 31, 2023.

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