Kweichow Moutai

Chinese baijiu distiller

Overview

Kweichow Moutai, the producer of Moutai baijiu based in Renhuai, reported revenue of US$24.7bn and profit of US$11.6bn in the Forbes 2026 data, the highest ratio of profit to revenue of any company in the list.[1] Its market value of US$245.1bn is second only to Coca-Cola’s among beverage companies.[1]

Kweichow Moutai strengths and limitations

Strengths

  • Highest profit margin in the list
  • Market value of US$245.1bn

Limitations

  • Single-product concentration
  • Dependent on the Chinese market

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Kweichow Moutai peers and competitors

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