	2024	2025	2026	2027	2028
Revenue	175,248	201,634	229,858	268,660	305,034
Dividend	42.90	49.81	62.80	-	-
Dividend Yield (in %)	2.42 %	2.81 %	3.55 %	-	-
EPS	70.13	81.28	93.15	109.30	123.93
P/E Ratio	25.24	21.78	19.00	16.19	14.28
EBIT	121,363	140,700	161,213	182,063	206,385
EBITDA	121,778	140,909	161,325	184,412	208,894
Net Profit	88,162	102,173	117,146	137,302	155,679
Net Profit Adjusted	87,850	101,738	116,049	145,204	-
Pre-Tax Profit	122,285	141,787	162,495	189,848	215,258
Net Profit (Adjusted)	121,326	138,893	156,909	-	-
EPS (Non-GAAP) ex. SOE	-	-	-	-	-
EPS (GAAP)	69.81	80.87	91.05	-	-
Gross Income	153,009	176,957	200,403	209,231	237,791
Cash Flow from Investing	60	-4,929	-4,867	-8,637	-8,044
Cash Flow from Operations	91,082	102,016	116,328	141,090	159,802
Cash Flow from Financing	-46,181	-51,854	-59,356	-82,243	-96,364
Cash Flow per Share	74.33	81.35	94.02	-	-
Free Cash Flow	88,453	102,634	117,652	-	-
Free Cash Flow per Share	68.70	81.70	-	-	-
Book Value per Share	205.07	243.16	285.49	-	-
Net Debt	-188,267	-229,548	-283,567	-	-
Research & Development Exp.	166	199	232	-	-
Capital Expenditure	4,232	3,789	3,630	2,000	2,000
Selling, General & Admin. Exp.	27,299	30,649	19,486	-	-
Shareholder’s Equity	258,844	305,729	358,585	435,379	500,459
Total Assets	322,597	378,326	441,173	498,493	567,755

	Previous Quarter ending 03/31/24	Current Quarter	Next Quarter	Current Year ending 12/31/24	Next Year ending 12/31/25
Earnings Estimates
No. of Analysts	4	-	-	37	37
Average Estimate	19.196 CNY	-	-	70.130 CNY	81.284 CNY
Year Ago	-	-	-	-	70.130 CNY
Publish Date	4/26/2024	-	-	-	-
Revenue Estimates
No. of Analysts	1	-	-	36	36
Average Estimate	46,485 CNY	-	-	175,248 CNY	201,634 CNY
Year Ago	-	-	-	-	175,248 CNY
Publish Date	4/26/2024	-	-	-	-

* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

Kweichow Moutai Dividend Calendar

Date	Name	Dividend	*yield	Currency
2023	Kweichow Moutai Co Ltd (A)	30.88	1.79	CNY
2022	Kweichow Moutai Co Ltd (A)	25.91	1.50	CNY
2021	Kweichow Moutai Co Ltd (A)	21.68	1.06	CNY
2020	Kweichow Moutai Co Ltd (A)	19.29	0.97	CNY
2019	Kweichow Moutai Co Ltd (A)	17.02	1.44	CNY
2018	Kweichow Moutai Co Ltd (A)	14.54	2.46	CNY
2017	Kweichow Moutai Co Ltd (A)	11.00	1.58	CNY
2016	Kweichow Moutai Co Ltd (A)	6.79	2.03	CNY
2015	Kweichow Moutai Co Ltd (A)	6.17	2.83	CNY
2014	Kweichow Moutai Co Ltd (A)	3.98	2.31	CNY
2013	Kweichow Moutai Co Ltd (A)	3.61	3.41	CNY
2012	Kweichow Moutai Co Ltd (A)	5.30	3.07	CNY
2011	Kweichow Moutai Co Ltd (A)	3.30	2.07	CNY
2010	Kweichow Moutai Co Ltd (A)	1.73	1.25	CNY
2009	Kweichow Moutai Co Ltd (A)	0.89	0.70	CNY

*Yield of the Respective Date

Kweichow Moutai Co Ltd (A) Calendar

Event	Estimate	Info	Date
Earnings Report	-	Q2 2024 Earnings Release	07/31/2024
Earnings Report	-	Q3 2024 Earnings Release	10/21/2024
Earnings Report	-	Q4 2024 Earnings Release	03/28/2025
Earnings Report	-	Q1 2025 Earnings Release	04/23/2025

Kweichow Moutai Co Ltd (A) Past Events

Event	Actual EPS	Info	Date
Earnings Report	-	Q1 2024 Earnings Release	04/26/2024
Earnings Report	-	Q4 2023 Earnings Release	04/03/2024

Kweichow Moutai Profile

Kweichow Moutai Co., Ltd. engages in the product development, brewing, production, packaging and sales of kweichow moutai series products. It involves in the production, sale of beverages, packaging materials, research and development of anti-counterfeiting technology and information industry-related products, hotel operation & management, accommodation, catering, entertainment, bathing and parking lot management services. The company was founded on November 20, 1999 and is headquartered in Renhuai, China.

Moody’s Daily Credit Risk Score

Risk

Low
Medium
High

Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

Kweichow Moutai Shareholder

Owner	in %
Guizhou State-Owned Assets Sup. & Admin. Commission	60.82
Freefloat	37.13
China Investment Corp. (Investment Management)	0.83
Ling Zhang	0.71
Shenzhen Ruifeng Huibang Asset Management Co. Ltd.	0.70
China Securities Finance Corp. Ltd.	0.64

Shareholder percentage totals can add to more than 100% because some holders are included in the free float.