Jiangsu Yanghe Brewery
Producer of baijiu, a traditional Chinese liquor.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | N/A | IPO | |
| Total Funding | 000k | ||
| CNY | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 20 % | 19 % | 10 % | (13 %) | (10 %) | 3 % | 1 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 45 % | 45 % | 42 % | 35 % | 32 % | 32 % | 32 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 30 % | 31 % | 30 % | 23 % | 24 % | 24 % | 23 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 1 % | 1 % | 1 % | - | - | - | - |
Source: Company filings or news article, Equity research estimates
Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. is a prominent Chinese company specializing in the production and marketing of baijiu, a traditional Chinese spirit. The company was founded on December 27, 2002, and is headquartered in Suqian, Jiangsu province, a region renowned for liquor production. Jiangsu Yanghe Brewery manages six major production bases and holds the distinction of being the only enterprise in the industry with two "China Famous Liquor" brands, Yanghe and Shuanggou.
The company's history in brewing dates back to the Sui and Tang Dynasties. The modern state-owned enterprise was established in 1949. A significant milestone was achieved in 2003 with the development of its signature "mellow" flavor profile and the launch of the successful Yanghe Blue Classic series, which now accounts for a majority of its sales. This series includes the premium Dream Blue, mid-range Sky Blue, and mass-market Ocean Blue. In 2009, the company was listed on the Shenzhen Stock Exchange.
The business operates primarily in the Chinese market, serving a wide range of consumers through a vast network of over 8,800 distributors. Its business model focuses on producing a diversified portfolio of baijiu at various price points to cater to different consumer segments, from mass-market to premium. Revenue is generated through the sale of its liquor products, with baijiu constituting over 96% of net sales. The company has also expanded into the red wine market. While the bulk of its sales are domestic, Yanghe exports its products to over 50 countries and regions.
Keywords: Baijiu production, Chinese spirits, Yanghe, Shuanggou, Dream Blue, Sky Blue, Ocean Blue, liquor distribution, alcoholic beverages, Chinese distiller, Mianrou, spirits industry, wineries & distilleries, consumer defensive, beverage manufacturing
