Distillers and Vintners

Shede Spirits

Shede Spirits released FY2026 Q1 earnings on April 15 After-Market (BJT), actual revenue CNY 1.481 B, actual EPS CNY 0.7067

Shede Spirits to Release FY2026 Q1 Earnings on April 16 After-Market (BJT)

Shede Spirits released FY2025 Q4 earnings on March 20 After-Market (BJT), actual revenue CNY 717.54 M, actual EPS CNY -0.7531

Shede Spirits released FY2025 Annual Earnings on March 20 After-Market (BJT), actual revenue CNY 4.419 B (forecast CNY 4.937 B), actual EPS CNY 0.6803 (forecast CNY 1.87)

Shede Spirits to release FY2025 earnings on March 21 After-Market (BJT), forecast revenue CNY 4.937 B, EPS CNY 1.87

Shede Spirits released FY2025 9 Months Earnings on October 29 After-Market BJT, actual revenue CNY 3.702 B, actual EPS CNY 1.4435

Shede Spirits released FY2025 Q3 earnings on October 29 After-Market BJT, actual revenue CNY 1 B, actual EPS CNY 0.0879

Shede Spirits to Release FY2025 Q3 Earnings on October 30 After-Market (BJT)

SHP Drinks Announces Strategic Cooperation with JD Group to Launch Low-Degree Alcohol Product 'Shede Zizai'

Shede Spirits released FY2025 Q2 earnings on August 22 After-Market (BJT), actual revenue CNY 1.125 B, actual EPS CNY 0.2974

Shede Spirits released FY2025 Semi-Annual Earnings on August 22 After-Market BJT, actual revenue CNY 2.701 B, actual EPS CNY 1.3561

Shede Spirits to Release FY2025 Semi-Annual Earnings on August 23, 2025 (BJT)

Shedade Jiuye Submits New Trademark Registration Applications

Shede Wine Denies Plans to Acquire Langjiu

Shede Wine Intends to Acquire Properties from Controlling Shareholder

Shede Winery Responds to Annual Report Inquiry: Liquor Business Revenue and Output Decrease

Shedadejiu Responds to SSE Annual Report Inquiry

Shede Wine & Spirit Co., Ltd. Submits a New Trademark Registration Application

Shede Winery Submits Trademark Registration Application

Huaxin Securities Releases Performance Review Report for Shede Wine

Ordinary dividend (cash)

Ex Date: 2026.05.27, Cash dividend 0.31 CNY

600702

Wallstreetcn

Wanting both? The performance pressure and expansion dilemma of Shede Spirits

600519

000995

Baijiu stocks continue to rebound, Huangtai Wine has a 4-day limit-up, Zhongrui Co., Ltd. rises over 5%, Moutai, Julite Rigging, and Shede Spirits follow suit

Moutai

Huangtai Wine

600573

601579

000799

600199

The liquor sector is performing strongly against the trend, with Huangtai Wine and HuiQuan Beer both hitting the daily limit. KJS, JGJC, Shede Spirits, and AGSW are also rising

HuiQuan Beer

JGJC

AGSW

002374

000596

603198

A-share liquor stocks fluctuated and rose sharply, with Chiway suddenly surging to the daily limit after oscillating around the flat line in the morning, closing at 3.34 yuan, up 9.87%, achieving a two-day limit up. In addition, Gu Jing, YINGJIA DISTILLERY, and Shede Spirits were among the top gainers

Zhitong

Chiway

Gu Jing

YINGJIAGONGJIU

According to the Zhitong Finance APP, Shede Spirits disclosed its third-quarter report for 2025. The company's revenue for the first three quarters reached 3.702 billion yuan, a year-on-year decrease of 17%; net profit attributable to shareholders was 472 million yuan, a year-on-year decrease of 29.43%; net profit excluding non-recurring items was 460 million yuan, a year-on-year decrease of 29.69%; basic earnings per share were 1.4441 yuan

Shede Spirits released its performance for the first three quarters, with a net profit attributable to the parent company of 472 million yuan, a year-on-year decrease of 29.43%

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000858

ZheShang Securities released a research report indicating that in the third quarter of 2025, the overall cash collection progress in the liquor industry is slow, inventory is rising, and wholesale prices are weak. Affected by the "alcohol ban," government and business consumption is under pressure, and sales performance during the dual festivals is flat. It is expected that the performance of most liquor companies will decline year-on-year, while some companies may see a narrowing of the decline on a quarter-on-quarter basis. Although year-on-year sales are under pressure, there has been some improvement quarter-on-quarter, which may present allocation opportunities in the sector. Attention should be paid to new consumption investment opportunities represented by "Da Zhen."

LZLJ

Zhejiang Merchants Securities: The sales performance during the Double Festival is flat, and it is expected that most liquor companies' performance in Q3 2025 will still decline year-on-year

Shede Spirits(600702.SH)

Wanting both? The performance pressure and expansion dilemma of Shede Spirits

Baijiu stocks continue to rebound, Huangtai Wine has a 4-day limit-up, Zhongrui Co., Ltd. rises over 5%, Moutai, Julite Rigging, and Shede Spirits follow suit

The liquor sector is performing strongly against the trend, with Huangtai Wine and HuiQuan Beer both hitting the daily limit. KJS, JGJC, Shede Spirits, and AGSW are also rising

Shede Spirits released its performance for the first three quarters, with a net profit attributable to the parent company of 472 million yuan, a year-on-year decrease of 29.43%

Zhejiang Merchants Securities: The sales performance during the Double Festival is flat, and it is expected that most liquor companies' performance in Q3 2025 will still decline year-on-year

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