Wuliangye Yibin Co.,Ltd.

¥75.34As of Sun 8 Nov 2026, 12:00 UTC

SZSE:000858Consumer Staples

Country China

PE (Fwd) •••

TSR 10Y CAGR 10.76%

Div yield 6.84%

ROE 9.36%

Beverages (Wineries & Distilleries)

Beta (5Y) 0.26

PE TTM 23.97

TSR TTM (32.95%)

Mkt cap ¥292.4B

ROIC 112.29%

SE Grade™

—

Value

Quality

Moat

Consensus

Reference

¥96

26.84%

(82.59%)

Hold 10|10|5|5|5

TTM

FYE 31 Dec CNY

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

26.28

Revenue¥B

49.16

51.67

52.97

54.83

56.72

57.19

57.63

59.54

62.26

63.88

29.34

2.41%

2.95%

8.34

Revenue growth%

4.31

2.76

1.31

1.55

1.28

0.40

1.33

0.40

2.37

7.92

0.40

1.32

12.17

Gross margin%

24.65

23.99

25.71

28.69

28.46

26.60

23.86

25.57

27.77

29.68

20.57

26.60

26.15

5.83

Operating margin%

4.89

6.57

6.04

8.15

9.82

9.69

8.10

9.82

10.14

12.66

11.98

9.82

8.92

11.42

Net margin%

25.87

27.55

28.19

30.44

30.81

33.45

33.83

36.06

36.30

35.01

22.17

35.01

32.13

36.15

P/E ratio (avg)x

30.49

30.36

32.14

28.28

27.61

25.72

22.51

24.48

25.85

25.15

14.85

25.15

26.73

19.22

EV/EBITx

18.18

15.49

13.19

14.15

14.19

12.68

13.71

14.31

15.48

14.38

16.03

14.31

14.25

5.44

FCF yield (avg)%

14.90

15.64

13.74

12.35

12.02

13.91

14.11

14.19

11.24

13.50

11.60

13.91

13.83

16.43

FCF margin%

8.74

10.93

13.70

15.13

15.04

12.60

13.89

12.40

14.49

11.93

12.68

12.60

13.15

0.749

FCF / Net incomex

0.477

0.494

0.487

0.475

0.534

0.515

0.589

0.631

0.622

0.632

0.369

0.622

0.525

22.70

ROIC%

2.08

4.53

4.70

5.57

3.55

4.85

1.95

4.26

5.98

3.16

27.04

4.26

4.40

22.62

Return on equity%

15.10

17.53

18.21

15.79

16.57

15.94

18.51

18.88

17.20

19.79

4.48

18.51

17.36

20.90

Return on assets%

21.74

21.20

21.66

21.93

23.22

24.48

27.21

27.81

26.69

29.43

29.67

27.21

23.85

8.69

EPS¥

11.45

12.64

11.79

12.86

13.02

14.28

15.38

16.50

17.64

15.72

8.89

3.84%

3.00%

—

17.60

EPS growth%

27.00

26.20

27.51

26.71

26.62

25.62

28.40

28.13

25.78

23.89

22.68

25.78

26.66

4.78

Bookvalue per sh¥

17.59

19.62

20.90

19.33

17.94

20.49

20.58

21.21

21.91

22.98

5.57

5.07%

3.74%

—

5.01

FCF per share¥

15.33

15.01

14.06

16.14

16.03

17.22

17.19

17.39

17.47

17.74

9.58

2.05%

1.69%

—

15.32

Dividend per sh¥

13.96

12.33

12.29

11.91

10.60

9.70

9.49

9.02

9.69

10.77

(1.79%)

(4.73%)

—

26.69

Div yield (avg)%

11.15

9.81

12.55

12.44

14.07

11.72

11.01

8.64

9.45

10.78

22.69

10.78

11.08

28.82

Payout ratio%

22.40

21.07

22.46

20.34

23.12

24.91

22.11

22.28

23.40

24.26

9.48

23.40

22.43

3.891

Shares (diluted)B

4.032

4.329

4.140

3.888

3.862

3.830

4.009

3.648

3.314

3.012

3.967

(4.85%)

(3.10%)

2.54

Buyback yield%

20.66

19.82

20.50

18.34

18.24

19.57

22.50

24.87

23.51

24.66

4.91

23.51

20.58

0.859

D/E ratiox

1.306

1.301

1.375

1.468

1.497

1.394

1.351

1.257

1.250

1.307

0.790

1.307

1.329

47.20

Enterprise value¥B

41.88

45.80

43.21

45.99

42.40

38.33

41.24

43.13

47.78

43.69

7.528

0.60%

0.16%

35.76

LT debt¥B

78.22

91.77

98.86

102.5

105.4

119.9

125.0

120.0

123.2

146.0

34.36

6.73%

7.96%

Peers (US$43.84B)

Cap (US$)

Shanxi Xinghuacun Fen…

24.14B

17.55x

Luzhou Laojiao Co.,Ltd

17.91B

20.82x

Jiangsu Yanghe…

8.550B

922.0x

Ambev S.A.

43.51B

15.36x

Capital

TTM

10Y

Leveragex

1.074

0.043

0.041

EBIT/Intx

4.264

0.280

0.249

Own earn%

(101.15)

(41.51)

(47.45)

Sh yield%

29.23

33.51

32.63

Owners

Insiders/Inst%

12.53

48.71

Short interest%

3.73

SBC / revenue%

2.62

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

5–13

$1 testx

0.2

Incr. ROIC%

Wuliangye Yibin Co.,Ltd. manufactures and sells liquor and wine products and related auxiliary products under the Wuliangye brand in China. The company’s Wuliangye products include eighth-generation Wuliangye, 39 -degree Wuliangye, classic Wuliangye, 29 -degree Wuliangye, etc. It also offers other alcoholic beverage products, such as Wuliangchun, Wuliangchun, Wuliangtequ, Jianzhuang, etc.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

¥63.88B

2.95%

1.00×

Cost of revenue

¥35.70B

2.88%

0.99×

Operating expenses

¥14.76B

2.95%

1.00×