Industry Sales:

• Alcoholic beverages: 100% (2026)

TOP 3 Markets:

1. China: 85%
2. Southeast Asia: 10%
3. Europe: 5%

Sichuan Swellfun Co., Ltd is a leading manufacturer of alcoholic beverages, especially Baijiu, a traditional Chinese liquor. The majority of sales come from the domestic market in China, where Baijiu holds high cultural significance and is in high demand. In recent years, the company has expanded its presence in international markets, particularly in Southeast Asia and Europe, as reflected in the sales shares of these regions.

Production Location: Chengdu, Sichuan Province, China

Sichuan Swellfun Co., Ltd, known for its high-quality Baijiu production, has its main production site in Chengdu, the capital of Sichuan Province. This region is renowned for its long tradition in Baijiu production, a traditional Chinese spirit. The geographical location and climate of Sichuan provide ideal conditions for the production of these products.

Revenue Growth: Estimated 10-12% annually (2025-2026)

Market Expansion: Focus on international markets, especially Southeast Asia and Europe

Product Innovation: Introduction of new premium spirits

Sichuan Swellfun Co., Ltd is pursuing a growth strategy based on expanding into international markets. In recent years, the company has made significant efforts to strengthen its presence outside of China, particularly in Southeast Asia and Europe, where the demand for high-quality spirits is increasing.

Additionally, the company is focusing on product innovations by introducing new premium spirits tailored to changing consumer preferences. This strategy aims to strengthen the brand and tap into new customer segments.

By combining market expansion and product innovation, Sichuan Swellfun expects stable revenue growth in the coming years. The focus on premium products is also expected to improve profit margins.

Main raw materials: Grain, water, packaging materials
Countries of origin: China, Australia, USA

Sichuan Swellfun Co., Ltd, a leading Baijiu manufacturer, sources most of its raw materials locally from China, especially grains like sorghum, which are essential for Baijiu production. Additionally, the company imports certain types of grains from Australia and the USA to ensure the quality and variety of its products.

Packaging materials are sourced both locally and from international markets to meet the requirements for design and quality. The exact proportions of imports may vary depending on the year and market developments.

Market share in the spirits industry: Estimated 5-7% (2026)

Brand awareness: High

Product diversification: Medium to High

Sichuan Swellfun Co., Ltd, a significant player in the Chinese spirits industry, benefits from strong brand awareness, especially in the high-quality Baijiu products segment. This awareness gives the company a significant competitive advantage, as consumers in China and increasingly internationally prefer brands with long-standing tradition and quality.

Another advantage is the strategic partnership with Diageo, which provides Swellfun access to global markets and distribution networks. This allows for broader product availability and increased market penetration outside of China.

However, the company also faces challenges from intense competition in the industry, particularly from local and international brands that are also expanding in the premium segments. To maintain its competitive edge, Swellfun must continuously invest in brand management and product innovation.

Institutional Investor Share: 45% (estimated, 2026)
Insider Buys/Sells: No significant transactions reported (2026)

The institutional investor share in Sichuan Swellfun Co., Ltd. is estimated to be around 45%. This indicates a strong interest from institutional investors, suggesting confidence in the company's long-term performance.

In 2026, no significant insider buys or sells were reported. This could indicate that the management and other insiders are satisfied with the current company strategy and valuation.

Market Share of Sichuan Swellfun Co., Ltd: 3.5% (estimated for 2026)

Top Competitors and Their Market Shares:

1. Kweichow Moutai Co., Ltd: 25%
2. Wuliangye Yibin Co., Ltd: 20%
3. Luzhou Laojiao Co., Ltd: 15%
4. Yanghe Brewery Joint-Stock Co., Ltd: 10%
5. Shanxi Xinghuacun Fen Wine Factory Co., Ltd: 8%
6. Sichuan Swellfun Co., Ltd: 3.5%
7. Jiangsu King's Luck Brewery Joint-Stock Co., Ltd: 3%
8. Anhui Gujing Distillery Co., Ltd: 2%
9. Shandong Jingzhi Liquor Co., Ltd: 1%
10. Hubei Daohuaxiang Wine Co., Ltd: 1%

Moat of Sichuan Swellfun Co., Ltd:

Sichuan Swellfun Co., Ltd has a moderate moat, mainly based on its long tradition and brand recognition in the premium Baijiu segment. The company benefits from strong brand loyalty and a well-established distribution network in China.

However, compared to leading companies like Kweichow Moutai and Wuliangye Yibin, the moat of Sichuan Swellfun is less pronounced. These competitors not only have a larger market share but also a stronger international presence and a broader product range, giving them a significant competitive advantage.

While Sichuan Swellfun is successful in a niche market, strategic investments in innovation and international expansion may be necessary to strengthen the moat and increase market share.

Revenue growth: 10.5% (2025) Profit growth: 8.2% (2025) Market share in China: 5% (2025)

Sichuan Swellfun Co., Ltd has recorded solid revenue growth of 10.5% in recent years. This indicates stable demand for their products, especially in the premium segment of the Chinese spirits market. The profit growth of 8.2% shows that the company is operating efficiently and keeping its costs under control.

The company holds a market share of about 5% in China, indicating a strong position in the competitive market. This market position could be further strengthened by the increasing popularity of premium spirits.

In addition, Sichuan Swellfun is investing in innovative marketing strategies and expanding its product portfolio, offering potential for further growth and stronger brand loyalty. These factors make the stock a potentially attractive investment, especially for investors interested in long-term growth.

Dividend Yield: 2.5% (estimated for 2026)
Dividend History: Continuous payout over the last 5 years

Sichuan Swellfun Co., Ltd has pursued a consistent dividend policy in recent years and regularly distributed dividends to its shareholders. The estimated dividend yield for 2026 is around 2.5%, based on previous payouts and current market trends.

The reliability of dividend payment is high as the company has a strong financial foundation and stable earnings. This is supported by the continuous payouts over the last five years. Analysts expect that Sichuan Swellfun will continue its dividend policy unless significant economic changes occur.