Revenue distribution by industry:

• Spirits: 100% (2025)

TOP 3 markets and their percentage shares:

1. China: 85%
2. Asia (excluding China): 10%
3. North America: 5%

Shanxi Xinghuacun Fen Wine Factory Co., Ltd. generates its revenue mainly from the sale of spirits, especially Baijiu, a traditional Chinese spirit. The largest market is China, which is not surprising given the cultural significance of Baijiu and the strong brand presence domestically.

Asia, excluding China, represents the second largest market, as the demand for traditional Chinese spirits is growing in neighboring Asian countries. North America is the third largest market, where the company benefits from the increasing popularity of Asian spirits in Western countries.

Production location: Shanxi, China

Shanxi Xinghuacun Fen Wine Factory Co., Ltd. mainly produces its products in the province of Shanxi, China. The region is known for its long tradition in the production of Fenjiu, a type of Baijiu, a traditional Chinese liquor. The geographical location and climatic conditions of Shanxi provide ideal conditions for the production of this high-quality spirit product.

Revenue Growth: Estimated 10% annually (2025) Market Expansion: Focus on international markets

Shanxi Xinghuacun Fen Wine Factory Co., Ltd. is pursuing a strategy aimed at sustainable growth and international expansion. The company plans to strengthen its presence in international markets, especially in Asia and Europe, to benefit from the increasing global demand for premium spirits.

In addition, the company is investing in the modernization of its production facilities to increase efficiency and further improve product quality. This is intended not only to increase production capacity but also to strengthen the brand in the global market.

Another focus is on diversifying the product portfolio to tap into new customer segments and retain existing customers. By introducing new product lines and limited editions, the company aims to further solidify its market position.

Main raw materials: Sorghum, water, wheat
Import countries: No specific import countries known

Shanxi Xinghuacun Fen Wine Factory Co., Ltd. is a leading manufacturer of Baijiu, a traditional Chinese liquor. The main raw materials for production are sorghum, water, and wheat, which are typically sourced locally in China.

As the company is deeply rooted in the Shanxi region, most raw materials are procured locally to ensure the quality and authenticity of the product. There is no specific information indicating that the company imports significant raw materials from abroad.

Typically, local sourcing of raw materials is common for Baijiu manufacturers to maintain control over production quality and minimize transportation costs.

Market share in the Baijiu industry: approx. 5% (2024) Gross margin: 75% (2024) Brand value: High, based on historical prestige and quality

Shanxi Xinghuacun Fen Wine Factory Co., Ltd. has a significant competitive advantage in the Baijiu industry, which arises from several factors. Firstly, the company is known for its long history and tradition, contributing to a high brand value. This historical grounding in Chinese culture gives the brand strong customer loyalty.

Secondly, the company has a high gross margin of 75%, indicating an efficient cost structure and the ability to command premium prices for its products. This is an indicator of a strong market position and the ability to withstand price pressure from competitors.

Additionally, in recent years, the company has invested in modernizing its production facilities and marketing to further strengthen its market presence. These strategic investments support long-term competitiveness and enable the company to flexibly respond to changes in consumer behavior.

Institutional investor share: 45% (2025, estimated)

Insider purchases/sales: No significant transactions in the last year (2024)

The institutional investor share in Shanxi Xinghuacun Fen Wine Factory Co., Ltd. is estimated to be around 45%. This indicates a high interest from institutional investors, suggesting confidence in the company's long-term performance.

In 2024, there were no significant insider purchases or sales, indicating a stable assessment of the company's value by management and other insiders. This can be seen as a sign of confidence in the company's future development.

Market share of Shanxi Xinghuacun Fen Wine Factory Co., Ltd.: 8% (2025, estimated)

Top 5 competitors by market share:

1. Kweichow Moutai Co., Ltd.: 25%
2. Wuliangye Yibin Co., Ltd.: 20%
3. Yanghe Brewery Joint-Stock Co., Ltd.: 10%
4. Shanxi Xinghuacun Fen Wine Factory Co., Ltd.: 8%
5. Luzhou Laojiao Co., Ltd.: 7%

Moat of Shanxi Xinghuacun Fen Wine Factory Co., Ltd.:

Shanxi Xinghuacun Fen Wine Factory Co., Ltd. has a moderate moat, mainly based on its strong brand awareness and traditional production method. The quality of Fen wine and the company's long history also contribute to the brand's strength.

Compared to Kweichow Moutai and Wuliangye, both of which have significantly stronger moats, especially due to their premium brand positioning and broad international recognition, the moat of Shanxi Xinghuacun is less pronounced. Kweichow Moutai has a particularly strong moat due to its exclusivity and high demand, which often exceeds supply.

Competition in the Chinese spirits industry is intense, and while Shanxi Xinghuacun Fen Wine Factory Co., Ltd. holds a respectable market share, they must continuously invest in branding and quality to strengthen their moat and compete against the leading competitors.

Revenue growth: 18% (2024) Profit growth: 15% (2024) Market share in China: 10% (2024)

Shanxi Xinghuacun Fen Wine Factory Co., Ltd. recorded strong revenue growth of 18% in 2024, attributed to increased demand for its products and an effective market strategy. The company also managed to increase its profit by 15%, indicating efficient cost control and improved production performance.

The 10% market share in China shows that the company holds a significant position in the domestic market. This is particularly important as the Chinese spirits market continues to grow, offering potential for further expansion.

Additionally, the company has invested in the modernization of its production facilities in recent years, which is expected to further enhance the efficiency and quality of its products. These strategic investments could lead to a stronger competitive position in the long term.

Overall, the financial and strategic indicators suggest that Shanxi Xinghuacun Fen Wine Factory Co., Ltd. is well positioned to capitalize on future market opportunities. This could make the stock an attractive investment, especially for investors interested in participating in the growing Chinese spirits market.

Dividend yield: 2.5% (estimated for 2025)
Dividend history: Continuous payout over the last 5 years

Shanxi Xinghuacun Fen Wine Factory Co., Ltd. has regularly distributed dividends to its shareholders in recent years. The dividend yield for 2025 is estimated to be around 2.5%, based on current market conditions and the company's dividend policy.

The company has a solid financial foundation and a stable cash flow, which supports the reliability of dividend payments. Over the past five years, Shanxi Xinghuacun Fen Wine Factory Co., Ltd. has consistently increased its dividends, indicating positive business development and strong confidence in future earnings.