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600702.SS

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Shede Spirits Co., Ltd. · Consumer Defensive · China · $1.7B · Avg Vol: $45M/d

6
StockRank
Q
34
V
18
M
28
P/E (TTM)
106.4x
ROE
1.3%
D/E
0.4x
Dividend %
0.8%
Director Trades · 180d
None in 180d →
Buybacks · 180d
None in 180d →
AI CONVICTION THESIS

Shede Spirits is a premium Baijiu producer with historically high margins, but it is currently facing severe cyclical headwinds from slowing domestic consumer spending in China, violating the Peter Lynch growth-at-a-reasonable-price lens.

COMPANY DESCRIPTION

Shede Spirits Co., Ltd. is a premier Chinese distiller specializing in high-end and mid-to-high-end Baijiu, recognized for its 'Shede' and 'Tuopai' brands. The company possesses a significant competitive moat in its vast reserves of aged base liquor and traditional ecological brewing techniques in Sichuan province. As a prominent player in China's premium spirits market, it benefits from strong brand equity, high pricing power, and a growing national distribution network.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGR
Revenue891.9M1.0B789.0M650.9M-10.0%
EPS0.750.790.150.10-48.9%
Shares333.2M333.2M333.2M332.8M-0.1%
Debt7.9M20.4M171.8M341.1M250.3%
Equity932.2M1.1B1.0B1.0B2.9%
Op CF153.3M105.3M-104.2M-77.0M-31.3%
Inv CF-63.1M-49.3M-28.2M-137.3M—
Fin CF-13.9M-84.9M17.9M155.1M—
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PRICE (1Y)-14.8%
5.285.615.946.276.61May 15Jun 5Jun 26
SMA 50SMA 200
Close
$5.28
RSI (14)
24.7
52W High
$10.41
From 52W High
0.5%

SCORE BREAKDOWN

Quality
34
ROIC
4.1%19.9
ROE
1.3%17.3
GP/Assets
20.8%35.2
Op. Margin
21.3%87.9
FCF/Assets
-11.1%3.6
Piotroski
21.1
Int. Cover
19.1x58.8
D/E Ratio
0.40x52.2
Current Ratio
1.83x59.2
Value
18
P/E (TTM)
106.4x4.2
EV/EBITDA
30.2x8.5
P/FCF
—N/A
P/B
1.6x49.1
P/S
2.7x16.9
Div Yield
0.8%7.2
Momentum
28
52W High %
51%13.1
RS 6M
-45%21.1
SMA 50/200
0.78x7.5
EPS Rev 4W
+0.1%73.4
EPS Rev 12W
—N/A
EPS Improve
+315%90.8
Q Growth
-33%15.0

FUNDAMENTALS

Market Cap
$1.7B
P/E (Forward)
25.6x
Gross Margin
60.6%

SECTOR PEERS

Closest peers in Consumer Defensive, ranked by industry match, size, and score similarity. Cross-listings of 600702.SS are excluded.

TickerCompanyMkt CapStockRankSignal
600702.SSShede Spirits Co., Ltd.(you)$1.7B6STRONG SELL
000799.SZJiugui Liquor Co., Ltd.$2.0B9STRONG SELL
000860.SZBeijing Shunxin Agriculture Co.,Ltd$1.1B7STRONG SELL
603589.SSAnhui Kouzi Distillery Co., Ltd.$1.6B21SELL
600559.SSHebei Hengshui Laobaigan Liquor Co., Ltd.$1.5B22SELL
600199.SSAnhui Golden Seed Winery Co., Ltd.$606M5STRONG SELL
6979.HKZJLD Group Inc$3.3B17STRONG SELL
000869.SZYantai Changyu Pioneer Wine Company Limited$1.5B29SELL
002568.SZShanghai Bairun Investment Holding Group Co., Ltd.$2.4B26SELL
601579.SSKuaijishan Shaoxing Rice Wine Co., Ltd.$1.0B24SELL

Peer medians: ROE 8.5% · P/E 19.5x · Gross margin 33.4%

Shede Spirits Co., Ltd. (600702.SS) — Stock Score Summary

Shede Spirits Co., Ltd. (600702.SS) has a MoatMap StockRank of 6/100 based on Quality (34/100), Value (18/100), and Momentum (28/100) factor scores. The current signal is STRONG SELL. Shede Spirits is a premium Baijiu producer with historically high margins, but it is currently facing severe cyclical headwinds from slowing domestic consumer spending in China, violating the Peter Lynch growth-at-a-reasonable-price lens.

Shede Spirits Co., Ltd. is a premier Chinese distiller specializing in high-end and mid-to-high-end Baijiu, recognized for its 'Shede' and 'Tuopai' brands. The company possesses a significant competitive moat in its vast reserves of aged base liquor and traditional ecological brewing techniques in Sichuan province. As a prominent player in China's premium spirits market, it benefits from strong brand equity, high pricing power, and a growing national distribution network.

Key Financial Metrics

Price$5.28
Market Cap$1.7B
P/E (TTM)106.39
P/E (Forward)25.63
Price/Book1.61
Return on Equity1.3%
Return on Invested Capital4.1%
Debt/Equity39.86
Gross Margin60.6%
Operating Margin21.3%
Revenue Growth-6.0%
Dividend Yield0.8%
Free Cash Flow$-206M

Shede Spirits Co., Ltd. operates in the Beverages - Wineries & Distilleries industry, part of the Consumer Defensive sector (China).

Frequently Asked Questions

What is Shede Spirits Co., Ltd.’s (600702.SS) StockRank?
MoatMap’s StockRank for Shede Spirits Co., Ltd. (600702.SS) is 6/100, with a Strong Sell signal. It is a composite of Quality (34), Value (18), and Momentum (28) factor ranks across MoatMap’s 20,000+ stock universe.
Does Shede Spirits Co., Ltd. have an economic moat?
Shede Spirits Co., Ltd. (600702.SS) has a Quality factor score of 34/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Shede Spirits Co., Ltd. a buy, hold, or sell?
MoatMap’s current signal for Shede Spirits Co., Ltd. (600702.SS) is Strong Sell, based on a StockRank of 6/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Shede Spirits Co., Ltd. in?
Shede Spirits Co., Ltd. (600702.SS) operates in the Consumer Defensive sector, specifically the Beverages - Wineries & Distilleries industry (China).
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