Kweichow Moutai
¥1,258.62Change from previous close: +1.86%Absolute change: +¥23.04
At a glance
- Revenue growth
- −1.21%
- 2025 vs 2024
- Net income growth
- −4.53%
- 2025 vs 2024
- Net margin
- 48.8%
- 2024: 50.5%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 168,838 | 170,899 | 147,694 | 124,100 | 106,190 |
| Cost of revenue | 14,871 | 13,802 | 11,818 | 10,111 | 8,983 |
| Gross profit | 153,967 | 157,097 | 135,876 | 113,989 | 97,207 |
| Selling, general and administrative | 15,574 | 14,955 | 14,378 | 12,310 | 11,188 |
| Research and development | 190 | 218 | 157 | 135 | 61.9 |
| Operating income | 110,866 | 115,012 | 99,125 | 83,059 | 70,655 |
| EBIT | 110,866 | 115,012 | 99,125 | 83,059 | 70,655 |
| EBITDA | 112,958 | 116,982 | 100,973 | 84,659 | 72,124 |
| Interest expense | 205 | 120 | 126 | 118 | 187 |
| Pre-tax income | 114,755 | 119,639 | 103,663 | 87,701 | 74,528 |
| Income tax | 29,445 | 30,304 | 26,141 | 22,325 | 18,808 |
| Net income | 82,320 | 86,228 | 74,734 | 62,717 | 52,460 |
| Net income to common shareholders | 82,320 | 86,228 | 74,734 | 62,717 | 52,460 |
| Basic EPS | 65.66 | 68.64 | 59.49 | 49.93 | 41.76 |
| Diluted EPS | 65.66 | 68.64 | 59.49 | 49.93 | 41.76 |
| Average shares (basic) | 1,254 | 1,256 | 1,256 | 1,256 | 1,256 |
| Average shares (diluted) | 1,254 | 1,256 | 1,256 | 1,256 | 1,256 |
| Dividend per share | 51.95 | 51.51 | 30.88 | 25.91 | 21.68 |