World's Most Profitable Product, Company, SX Stock Is?
11th April 2019: With 90% Margin China's Kweichow Moutai Co. Ltd, A Investors' Bonanza!
Never hear of Moutai? Kweichow Moutai? The Moutai Marvel Stock?
The Guizhou-based company is the world’s most profitable distiller, maintaining gross margin at around 90 % for at least a decade, according to data compiled by Bloomberg.
Trading at about 27 times forward earnings, Moutai is one of 2019’s best-performing large caps in China.
Investors can’t ignore the well-known maker of baijiu liquor, which has already rallied 61% this year, over 14,000 percent since its 2001 debut on Shanghai SX (Code: 600519:Shanghai).
Cheers Moutai.
https://www.bloomberg.com/news/articles/2019-04-09/top-china-investor-only-has-eyes-for-one-mainland-listed-stock?srnd=premium-asia
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