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 assets | 303,835 | 298,945 | 272,700 | 254,501 | 255,168 |
| Current assets | 252,519 | 251,727 | 225,173 | 216,611 | 220,766 |
| Cash and equivalents | 51,702 | 59,302 | 69,070 | 58,274 | 51,810 |
| Short-term investments | 26,871 | 1,211 | 401 | — | — |
| Receivables | 112,461 | 136,435 | 109,160 | 116,331 | 135,100 |
| Inventory | 61,427 | 54,343 | 46,435 | 38,824 | 33,394 |
| Net property, plant and equipment | 25,182 | 24,432 | 22,361 | 22,354 | 20,157 |
| Other intangible assets | 8,686 | 8,850 | 8,572 | 7,083 | 6,208 |
| Long-term investments | 8,862 | 5,544 | 9,325 | 381 | 2,230 |
| Current liabilities | 49,610 | 56,516 | 48,698 | 49,066 | 57,914 |
| Accounts payable | 4,007 | 3,515 | 3,093 | 2,408 | 2,010 |
| Total debt | 234 | 426 | 324 | 444 | — |
| Total liabilities | 49,876 | 56,933 | 49,043 | 49,563 | 58,211 |
| Total equity (incl. minority) | 253,959 | 242,011 | 223,656 | 204,938 | 196,958 |
| Retained earnings | 243,510 | 230,485 | 213,043 | 194,860 | 186,921 |
| Minority interest | 9,321 | 8,905 | 7,988 | 7,458 | 7,418 |