Oriental Securities keeps CNY 149.53 target for Shanxi Xinghuacun Fen Wine Factory stock
Published on 10/16/2026 at 09:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEarnings pressure and analyst view
- Oriental Securities kept a CNY 149.53 target and Buy rating on September 23, 2026.
- First-half 2026 revenue fell 12.18 percent to CNY 21.04 billion.
- Net profit attributable to shareholders fell 24.29 percent to CNY 6.44 billion in the first half of 2026.
- The Shanghai Stock Exchange quote was CNY 116.70 on October 16, 2026.
- Results for the quarter ended September 30, 2026 are scheduled for October 29, 2026.
Shanxi Xinghuacun Fen Wine Factory (ISIN CNE000000DH5) reported first-half 2026 revenue of CNY 21.04 billion, down 12.18 percent from a year earlier. Futunn reported on September 23, 2026 that Oriental Securities kept a Buy rating and a CNY 149.53 target.
Profit pressure sets the tone
The companys first-half net profit attributable to shareholders fell 24.29 percent to CNY 6.44 billion, according to the 2026 half-year report published on August 30, 2026 by Securities Star. Basic earnings per share declined 24.29 percent to CNY 5.2783, while operating cash flow rose 11.23 percent to CNY 6.65 billion.
The contrast is important for investors: sales and earnings weakened, but cash generation improved. The report also showed a gross margin of 75.40 percent in the first half, while sales expenses increased 9.97 percent to CNY 2.62 billion.
What does the target imply?
Oriental Securities tied its September 23, 2026 view to channel recovery and lower inventory pressure. Its CNY 149.53 target is CNY 32.83 above the CNY 116.70 Shanghai quote, a gap of 28.13 percent calculated from the market price. Futunn reported on September 26, 2026 that Citic Securities maintained a Buy rating while citing slower consumer spending, weaker expansion outside Shanxi and food safety as risks.
Three dated developments
On August 30, 2026, the half-year report showed CNY 21.04 billion in revenue and CNY 6.44 billion in net profit. On September 23, 2026, Oriental Securities kept its CNY 149.53 target and Buy rating. On September 26, 2026, Citic Securities maintained its Buy rating after reviewing the same half-year figures.
Next reporting date
finanzen.net reported on October 14, 2026 that Shanxi Xinghuacun Fen Wine Factory is expected to publish results for the quarter ended September 30, 2026 on October 29, 2026. The same report cited consensus revenue of CNY 7.84 billion and earnings per share of CNY 2.07 for that quarter.
Shanghai quote and company profile
The stock was last at CNY 116.70 on the Shanghai Stock Exchange on October 16, 2026 at 3:00 p.m. CST. Its market capitalization was CNY 142.4 billion, with a 52-week range of CNY 103.64 to CNY 203.58. The company produces and sells Fenjiu, Zhuyeqing and Xinghuacun liquor brands.
Shanxi Xinghuacun Fen Wine Factory stock facts
- Company: Shanxi Xinghuacun Fen Wine Factory Co., Ltd.
- ISIN: CNE000000DH5
- Ticker: 600809
- Primary exchange: Shanghai Stock Exchange
- Price Shanghai Stock Exchange (as of October 16, 2026, 3:00 p.m. CST): CNY 116.70
- Market capitalization: CNY 142.4 billion (as of October 16, 2026)
- 52-week range: CNY 103.64-CNY 203.58 (as of October 16, 2026)
- Sector / Industry: Consumer Staples / Beverages
- Index membership: CSI 300
Market context: Market report Shanghai Composite.
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