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Wuliangye Yibin Co (SZSE:000858) Accounts Payable & Accrued Expense for Financial Companies


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Wuliangye Yibin Co (SZSE:000858) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Wuliangye Yibin Co Ltd (SZSE:000858) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Traded in Other Exchanges
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Address
No.150, Minjiang West Road, Cuiping District, Sichuan Province, Yibin, CHN, 644007
Wuliangye Yibin is China's second-largest baijiu producer by revenue, with sales of CNY 74 billion in 2022 compared with CNY 124 billion for Moutai. Founded in the 1950s, Wuliangye is located in Yibin, Sichuan province, in southwest China. Its core product, 52-degree Wuliangye, is widely known as the best rice-flavored baijiu in the market. The high-quality products, extensive history and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins.