60 600519.SS Kweichow Moutai Co., Ltd. Loading... : Bullish and Bearish Analyst Opinions

Kweichow Moutai is finally raising the price of its flagship product after a long stock slide, supported by national team buying and a broader laggard rebound in Chinese big caps.

Kweichow Moutai is a high-quality staple with a resilient business model that gives it strong pricing power even in a weak economy. The company controls the supply of its base liquor (moutai spirit) by aging it for 5–10 years, which lets it manage the market supply and support premium pricing. Gross margins are near 90%, net margins high, and about 75% of earnings are paid as dividends, while the strong cash position is maintained. This makes it a defensive, stable-margin play that offers safety when growth stocks fall out of favor.