Buy Or Sell Opportunity • Jun 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to CN¥81.10. The fair value is estimated to be CN¥102, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 25%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Announcement • Jun 02
Wuliangye Yibin Co.,Ltd., Annual General Meeting, Jun 26, 2026 Wuliangye Yibin Co.,Ltd., Annual General Meeting, Jun 26, 2026, at 09:30 China Standard Time. Location: The Company's Meeting Room, Yibin, Sichuan China Major Estimate Revision • May 07
Consensus revenue estimates fall by 28% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥77.1b to CN¥55.8b. EPS estimate fell from CN¥6.87 to CN¥4.90 per share. Net income forecast to grow 59% next year vs 16% growth forecast for Beverage industry in China. Consensus price target down from CN¥134 to CN¥107. Share price fell 4.6% to CN¥92.60 over the past week. Price Target Changed • May 05
Price target decreased by 12% to CN¥118 Down from CN¥134, the current price target is an average from 19 analysts. New target price is 22% above last closing price of CN¥97.08. Stock is down 25% over the past year. The company is forecast to post earnings per share of CN¥5.15 for next year compared to CN¥2.31 last year. Announcement • May 01
Wuliangye Yibin Co.,Ltd. (SZSE:000858) announces an Equity Buyback for CNY 10,000 million worth of its shares. Wuliangye Yibin Co.,Ltd. (SZSE:000858) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 10,000 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 153.59 per share. The repurchased shares will be used for company's equity incentive plan or subsequent employee stock ownership plan. The shares will be repurchased out of own funds. The plan will be valid for 12 months. New Risk • May 01
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 32% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (32% accrual ratio). Minor Risk Dividend is not well covered by cash flows (236% cash payout ratio). Announcement • Mar 31
Wuliangye Yibin Co.,Ltd. to Report Q1, 2026 Results on Apr 29, 2026 Wuliangye Yibin Co.,Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026 Announcement • Dec 31
Wuliangye Yibin Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026 Wuliangye Yibin Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026 Price Target Changed • Nov 04
Price target decreased by 7.3% to CN¥144 Down from CN¥155, the current price target is an average from 20 analysts. New target price is 22% above last closing price of CN¥117. Stock is down 23% over the past year. The company is forecast to post earnings per share of CN¥7.41 for next year compared to CN¥8.21 last year. Reported Earnings • Oct 31
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: CN¥0.52 (down from CN¥1.51 in 3Q 2024). Revenue: CN¥8.17b (down 53% from 3Q 2024). Net income: CN¥2.02b (down 66% from 3Q 2024). Profit margin: 25% (down from 34% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 45%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Beverage industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Wuliangye Yibin Co.,Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Wuliangye Yibin Co.,Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 29
Second quarter 2025 earnings: Revenues exceed analyst expectations Second quarter 2025 results: Revenue: CN¥15.8b (flat on 2Q 2024). Net income: CN¥4.63b (down 7.6% from 2Q 2024). Profit margin: 29% (down from 32% in 2Q 2024). Revenue exceeded analyst estimates by 3.2%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Beverage industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jul 17
Wuliangye Yibin Co.,Ltd. Announces Final Cash Dividend on A Shares (Tax Included) for 2024, Payable on 18 July 2025 Wuliangye Yibin Co.,Ltd. announced final cash dividend of CNY 31.690000000 on 10 A shares (tax included) for 2024. Record date: 17 July 2025. Ex-date: 18 July 2025. Payment date: 18 July 2025. Declared Dividend • Jul 16
Dividend of CN¥3.17 announced Shareholders will receive a dividend of CN¥3.17. Ex-date: 18th July 2025 Payment date: 18th July 2025 Dividend yield will be 4.6%, which is higher than the industry average of 2.0%. Sustainability & Growth Dividend is covered by both earnings (68% earnings payout ratio) and cash flows (53% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 02
Wuliangye Yibin Co.,Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Wuliangye Yibin Co.,Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Announcement • May 31
Wuliangye Yibin Co.,Ltd. Proposes Cash Dividend for the Year 2024 Wuliangye Yibin Co.,Ltd. proposed cash dividend/10 shares (tax included) of CNY 31.69000000 for the year 2024. Announcement • May 29
Wuliangye Yibin Co.,Ltd., Annual General Meeting, Jun 20, 2025 Wuliangye Yibin Co.,Ltd., Annual General Meeting, Jun 20, 2025, at 09:00 China Standard Time. Location: The Company's Meeting Room, Yibin, Sichuan China Reported Earnings • Apr 26
First quarter 2025 earnings: Revenues and EPS in line with analyst expectations First quarter 2025 results: EPS: CN¥3.83 (up from CN¥3.62 in 1Q 2024). Revenue: CN¥36.9b (up 6.1% from 1Q 2024). Net income: CN¥14.9b (up 5.8% from 1Q 2024). Profit margin: 40% (in line with 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Beverage industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Mar 31
Wuliangye Yibin Co.,Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Wuliangye Yibin Co.,Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Jan 04
Wuliangye Yibin Co.,Ltd. Approves Interim Profit Distribution for 2024 Wuliangye Yibin Co.,Ltd. at the Extraordinary General Meeting of 2024 on 31 December 2024 approved 2024 interim profit distribution plan. The detailed profit distribution plan is as follows: Cash dividend per 10 shares (tax included) of CNY 25.76000000. Announcement • Dec 31
Wuliangye Yibin Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2025 Wuliangye Yibin Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 26, 2025 Announcement • Nov 30
Wuliangye Yibin Co.,Ltd. Announces the Profit Distribution Proposal for the Third Quarter of 2024 Wuliangye Yibin Co.,Ltd. announced the profit distribution proposal for the third quarter of 2024 as follows: Cash dividend per 10 shares (tax included) of CNY 25.76000000. Reported Earnings • Oct 31
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: CN¥1.51 (up from CN¥1.49 in 3Q 2023). Revenue: CN¥17.3b (up 1.4% from 3Q 2023). Net income: CN¥5.87b (up 1.3% from 3Q 2023). Profit margin: 34% (in line with 3Q 2023). Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 7.4%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Beverage industry in China. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Sep 30
Wuliangye Yibin Co.,Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Wuliangye Yibin Co.,Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥134, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Beverage industry in China. Total loss to shareholders of 34% over the past three years. Reported Earnings • Aug 29
Second quarter 2024 earnings: Revenues and EPS in line with analyst expectations Second quarter 2024 results: EPS: CN¥1.29 (up from CN¥1.16 in 2Q 2023). Revenue: CN¥15.8b (up 10% from 2Q 2023). Net income: CN¥5.01b (up 12% from 2Q 2023). Profit margin: 32% (in line with 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Beverage industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Wuliangye Yibin Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Wuliangye Yibin Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Jun 02
Wuliangye Yibin Co.,Ltd., Annual General Meeting, Jun 28, 2024 Wuliangye Yibin Co.,Ltd., Annual General Meeting, Jun 28, 2024, at 09:00 China Standard Time. Reported Earnings • Apr 30
First quarter 2024 earnings: Revenues and EPS in line with analyst expectations First quarter 2024 results: EPS: CN¥3.62 (up from CN¥3.23 in 1Q 2023). Revenue: CN¥34.8b (up 12% from 1Q 2023). Net income: CN¥14.0b (up 12% from 1Q 2023). Profit margin: 40% (in line with 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Beverage industry in China. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Wuliangye Yibin Co.,Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Wuliangye Yibin Co.,Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 Announcement • Dec 30
Wuliangye Yibin Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Wuliangye Yibin Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Third quarter 2023 results: EPS: CN¥1.49 (up from CN¥1.26 in 3Q 2022). Revenue: CN¥17.0b (up 17% from 3Q 2022). Net income: CN¥5.80b (up 19% from 3Q 2022). Profit margin: 34% (in line with 3Q 2022). Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 4.6%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Beverage industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 26
Second quarter 2023 earnings: EPS and revenues miss analyst expectations Second quarter 2023 results: EPS: CN¥1.16 (up from CN¥1.10 in 2Q 2022). Revenue: CN¥14.4b (up 5.1% from 2Q 2022). Net income: CN¥4.49b (up 5.1% from 2Q 2022). Profit margin: 31% (in line with 2Q 2022). Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) also missed analyst estimates by 7.5%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Beverage industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Jun 21
Wuliangye Yibin Co.,Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 27 June 2023 Wuliangye Yibin Co.,Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) as CNY 37.82000000 for the year 2022, payable on 27 June 2023. Record date is 26 June 2023. Ex-date is 27 June 2023. Reported Earnings • Apr 29
First quarter 2023 earnings: EPS in line with expectations, revenues disappoint First quarter 2023 results: EPS: CN¥3.23 (up from CN¥2.79 in 1Q 2022). Revenue: CN¥31.1b (up 13% from 1Q 2022). Net income: CN¥12.5b (up 16% from 1Q 2022). Profit margin: 40% (up from 39% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Beverage industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There are 10 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. 5 independent directors (6 non-independent directors). Vice Chairman & GM Wenge Jiang is the most experienced director on the board, commencing their role in 2019. Non-Independent Director Li Liang was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Buying Opportunity • Nov 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 18%. The fair value is estimated to be CN¥183, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 14% per annum over the same time period. Reported Earnings • Oct 28
Third quarter 2022 earnings: EPS exceeds analyst expectations Third quarter 2022 results: EPS: CN¥1.26 (up from CN¥1.06 in 3Q 2021). Revenue: CN¥14.6b (up 12% from 3Q 2021). Net income: CN¥4.89b (up 19% from 3Q 2021). Profit margin: 34% (up from 32% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.3%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Beverage industry in China. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
Second quarter 2022 earnings: EPS misses analyst expectations Second quarter 2022 results: EPS: CN¥1.10 (up from CN¥1.00 in 2Q 2021). Revenue: CN¥13.7b (up 10.0% from 2Q 2021). Net income: CN¥4.28b (up 10% from 2Q 2021). Profit margin: 31% (in line with 2Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.5%. Over the next year, revenue is forecast to grow 15%, compared to a 19% growth forecast for the Beverage industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Aug 23
Now 21% undervalued Over the last 90 days, the stock is up 6.7%. The fair value is estimated to be CN¥212, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 29% in 2 years. Earnings is forecast to grow by 33% in the next 2 years. Announcement • Jun 23
Wuliangye Yibin Co.,Ltd. Implements Final Cash Dividend on Share A for 2021, Payable on June 29, 2022 Wuliangye Yibin Co.,Ltd. implemented cash dividend per 10 shares (tax included): CNY 30.23000000 on share A for 2021. Record date: 28 June 2022, Ex-date: 29 June 2022 and Payment date: 29 June 2022. Board Change • Jun 02
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. Employee Supervisor & Deputy Director of the Audit Supervision Department Guo Ping Wu is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • May 02
First quarter 2022 earnings: EPS misses analyst expectations First quarter 2022 results: EPS: CN¥2.79 (up from CN¥2.40 in 1Q 2021). Revenue: CN¥27.5b (up 13% from 1Q 2021). Net income: CN¥10.8b (up 16% from 1Q 2021). Profit margin: 39% (up from 38% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 14%, compared to a 19% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year. Announcement • May 02
Wuliangye Yibin Co.,Ltd. Proposes Final Cash Dividend for the Year 2021 Wuliangye Yibin Co.,Ltd. proposed final cash dividend (tax included) of CNY 30.23000000 per 10 shares for the year 2021. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Shengdao Gan was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Feb 24
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be CN¥245, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% per annum over the last 3 years. Earnings per share has grown by 19% per annum over the last 3 years. Buying Opportunity • Feb 08
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 7.6%. The fair value is estimated to be CN¥244, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% per annum over the last 3 years. Earnings per share has grown by 19% per annum over the last 3 years. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥1.00 (vs CN¥0.81 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥12.4b (up 18% from 2Q 2020). Net income: CN¥3.88b (up 23% from 2Q 2020). Profit margin: 31% (up from 30% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥231, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 40x in the Beverage industry in China. Total returns to shareholders of 234% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥219 per share. Announcement • Apr 29
Wuliangye Yibin Co.,Ltd. Proposes Final Dividend for the Year 2020 Wuliangye Yibin Co.,Ltd. proposed final cash dividend CNY 25.80 per 10 shares (tax included) for the year 2020. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥2.40 (vs CN¥1.99 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: CN¥24.3b (up 20% from 1Q 2020). Net income: CN¥9.32b (up 21% from 1Q 2020). Profit margin: 38% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment deteriorated over the past week After last week's 19% share price decline to CN¥280, the stock is trading at a trailing P/E ratio of 56x, down from the previous P/E ratio of 68.9x. This compares to an average P/E of 57x in the Beverage industry in China. Total returns to shareholders over the past three years are 301%. Is New 90 Day High Low • Feb 10
New 90-day high: CN¥343 The company is up 28% from its price of CN¥268 on 12 November 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Beverage industry, which is up 35% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥171 per share. Price Target Changed • Jan 08
Price target raised to CN¥266 Up from CN¥244, the current price target is an average from 22 analysts. The new target price is 16% below the current share price of CN¥317. As of last close, the stock is up 137% over the past year. Is New 90 Day High Low • Dec 30
New 90-day high: CN¥287 The company is up 30% from its price of CN¥221 on 30 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Beverage industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥188 per share. Is New 90 Day High Low • Dec 14
New 90-day high: CN¥273 The company is up 19% from its price of CN¥230 on 15 September 2020. The Chinese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Beverage industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥162 per share. Reported Earnings • Nov 04
Third quarter 2020 earnings released: EPS CN¥0.95 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: CN¥11.7b (up 18% from 3Q 2019). Net income: CN¥3.69b (up 15% from 3Q 2019). Profit margin: 32% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Nov 04
Price target raised to CN¥237 Up from CN¥219, the current price target is an average from 24 analysts. The new target price is 6.4% below the current share price of CN¥253. As of last close, the stock is up 91% over the past year. Is New 90 Day High Low • Nov 03
New 90-day high: CN¥250 The company is up 15% from its price of CN¥217 on 05 August 2020. The Chinese market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Beverage industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥138 per share. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥19.4b, up 18% from the prior year. Total revenue was CN¥55.5b over the last 12 months, up 16% from the prior year. Is New 90 Day High Low • Oct 12
New 90-day high: CN¥242 The company is up 9.0% from its price of CN¥221 on 14 July 2020. The Chinese market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Beverage industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥138 per share. Announcement • Aug 12
Wuliangye Yibin Co.,Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Wuliangye Yibin Co.,Ltd. announced that they will report first half, 2020 results on Aug 28, 2020