Narrative Update • Aug 21

Over the last 7 days, the Beverage industry has remained flat. As for the longer term, the industry has declined 24% in the last year. As for the next few years, earnings are expected to grow by 9.9% per annum.
Has the Chinese Beverage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 27 Aug 2026 | CN¥2.7t | CN¥461.4b | CN¥137.0b | 23.1x | 19.9x | 5.9x |
| Sat, 25 Jul 2026 | CN¥2.7t | CN¥467.2b | CN¥140.4b | 22.7x | 19.4x | 5.8x |
| Mon, 22 Jun 2026 | CN¥2.6t | CN¥466.0b | CN¥140.1b | 23.9x | 18.6x | 5.6x |
| Wed, 20 May 2026 | CN¥2.9t | CN¥466.0b | CN¥140.1b | 26.9x | 20.7x | 6.2x |
| Fri, 17 Apr 2026 | CN¥3.2t | CN¥525.6b | CN¥172.1b | 23.9x | 18.6x | 6.1x |
| Sun, 15 Mar 2026 | CN¥3.2t | CN¥525.1b | CN¥172.1b | 24x | 18.6x | 6.1x |
| Tue, 10 Feb 2026 | CN¥3.5t | CN¥525.0b | CN¥171.9b | 26.1x | 20.2x | 6.6x |
| Thu, 08 Jan 2026 | CN¥3.3t | CN¥525.0b | CN¥171.9b | 24.8x | 19.4x | 6.3x |
| Sat, 06 Dec 2025 | CN¥3.4t | CN¥525.0b | CN¥171.9b | 25.3x | 19.8x | 6.5x |
| Mon, 03 Nov 2025 | CN¥3.5t | CN¥524.9b | CN¥171.9b | 25.4x | 20.2x | 6.6x |
| Wed, 01 Oct 2025 | CN¥3.5t | CN¥541.4b | CN¥179.1b | 25x | 19.6x | 6.5x |
| Fri, 29 Aug 2025 | CN¥3.5t | CN¥511.0b | CN¥176.0b | 27.7x | 19.9x | 6.8x |
| Sun, 27 Jul 2025 | CN¥3.4t | CN¥513.3b | CN¥176.8b | 28x | 19.4x | 6.7x |
| Tue, 24 Jun 2025 | CN¥3.3t | CN¥511.8b | CN¥176.5b | 29.1x | 18.9x | 6.5x |
| Thu, 22 May 2025 | CN¥3.6t | CN¥511.8b | CN¥176.5b | 29.3x | 20.6x | 7.1x |
| Sat, 19 Apr 2025 | CN¥3.7t | CN¥512.8b | CN¥178.8b | 27.6x | 20.6x | 7.2x |
| Mon, 17 Mar 2025 | CN¥3.8t | CN¥506.7b | CN¥175.9b | 22.9x | 21.9x | 7.6x |
| Wed, 12 Feb 2025 | CN¥3.4t | CN¥506.2b | CN¥175.7b | 21.1x | 19.1x | 6.6x |
| Fri, 10 Jan 2025 | CN¥3.4t | CN¥506.2b | CN¥175.7b | 21.5x | 19.6x | 6.8x |
| Sun, 08 Dec 2024 | CN¥3.7t | CN¥506.2b | CN¥175.7b | 24.1x | 21.1x | 7.3x |
| Tue, 05 Nov 2024 | CN¥3.7t | CN¥506.2b | CN¥175.7b | 23.5x | 21.2x | 7.4x |
| Thu, 03 Oct 2024 | CN¥4.1t | CN¥504.3b | CN¥174.6b | 27.3x | 23.6x | 8.2x |
| Sat, 31 Aug 2024 | CN¥3.3t | CN¥501.5b | CN¥173.9b | 21.9x | 19.1x | 6.6x |
| Mon, 29 Jul 2024 | CN¥3.4t | CN¥493.4b | CN¥170.1b | 21.8x | 19.8x | 6.8x |
| Wed, 26 Jun 2024 | CN¥3.6t | CN¥493.3b | CN¥170.1b | 23.6x | 21x | 7.3x |
| Fri, 24 May 2024 | CN¥4.1t | CN¥493.3b | CN¥169.2b | 27.7x | 24.3x | 8.3x |
| Sun, 21 Apr 2024 | CN¥3.9t | CN¥467.7b | CN¥158.6b | 28.5x | 24.7x | 8.4x |
| Tue, 19 Mar 2024 | CN¥4.1t | CN¥458.5b | CN¥154.6b | 30.2x | 26.6x | 9x |
| Thu, 15 Feb 2024 | CN¥3.9t | CN¥457.8b | CN¥154.6b | 28.6x | 25.2x | 8.5x |
| Sat, 13 Jan 2024 | CN¥3.8t | CN¥457.8b | CN¥154.7b | 30.7x | 24.7x | 8.3x |
| Mon, 11 Dec 2023 | CN¥4.1t | CN¥458.2b | CN¥154.7b | 30.8x | 26.4x | 8.9x |
| Wed, 08 Nov 2023 | CN¥4.4t | CN¥453.8b | CN¥154.6b | 31.6x | 28.4x | 9.7x |
| Fri, 06 Oct 2023 | CN¥4.4t | CN¥439.4b | CN¥148.8b | 32.8x | 29.6x | 10x |
| Sun, 03 Sep 2023 | CN¥4.6t | CN¥439.5b | CN¥148.8b | 33.7x | 30.8x | 10.4x |
30.8x
Which industries have driven the changes within the Chinese Consumer Staples industry?
| CN Market | 0.044% | |
| Consumer Staples | -0.12% | |
| Beverage | -0.52% | |
| Distillers and Wine Makers | -0.41% | |
| Soft Drinks | -0.98% | |
| Brewers | -2.14% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 600519 Kweichow Moutai | CN¥1.29k | 0.07% +CN¥1.1b | -10.6% | PE19.8x | |
| 601579 Kuaijishan Shaoxing Rice Wine | CN¥20.04 | 7.5% +CN¥653.9m | -9.8% | PE33.7x | |
| 600059 Zhejiang Guyuelongshan Shaoxing WineLtd | CN¥8.51 | 7.2% +CN¥508.2m | -15.2% | PE33.7x | |
| 600084 CITIC Niya Wine | CN¥4.24 | 4.4% +CN¥202.3m | -24.4% | PS34.9x | |
| 603779 WEILONG GRAPE WINE | CN¥7.97 | 3.5% +CN¥89.7m | 9.0% | PS7.8x |