Wuliangye stock: At CNY 72.00, Wuliangye stock stands 41.22 percent below its 52-week high
Published on 10/21/2026 at 17:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDemand and valuation
- Goldman Sachs reported one month of Wuliangye channel inventory on October 7, 2026.
- Wuliangye stock stood at CNY 72.00 on October 21, 2026, 41.22 percent below its CNY 122.50 52-week high.
- Wuliangye carried a P/E ratio of 21.05 and a market capitalization of CNY 279.5 billion on October 21, 2026.
Wuliangye (CNE000000VQ8) was last quoted at CNY 72.00 on Shenzhen on October 21, 2026 at 3:04 p.m. CST, down 1.17 percent from the prior close. A summary published by Futu of a Goldman Sachs channel report dated October 7, 2026 described weaker holiday demand but manageable Wuliangye inventory.
Channel inventory stays manageable
The Goldman Sachs report placed Wuliangye's channel inventory at one month during the National Day holiday period. The same report said Wuliangye remained resilient in Hunan and Shandong, while performance was weaker in other regions.
That combination gives investors two opposing signals. Distribution inventory is not at the three-month level reported for some regional liquor brands, yet demand pressure remains visible in premium baijiu markets.
Stock sits below its yearly high
At CNY 72.00 on October 21, 2026, Wuliangye was 41.22 percent below its 52-week high of CNY 122.50 and 4.83 percent above its 52-week low of CNY 68.68. Its market capitalization was CNY 279.5 billion, while the reported trading volume reached 23,125,167 shares.
The valuation gap within the group is limited on earnings multiples. Wuliangye traded at a P/E ratio of 21.05, compared with 20.13 for Kweichow Moutai and 13.55 for Luzhou Laojiao on October 21, 2026.
Valuation and peer comparison
Wuliangye's daily decline was smaller than Luzhou Laojiao's 2.96 percent fall but closer to Kweichow Moutai's 1.67 percent decline. The comparison points to broad pressure across major Chinese baijiu listings rather than a single-stock move.
Comparison with peers
Wuliangye: down 1.17 percent, P/E 21.05, market capitalization CNY 279.5 billion.
Kweichow Moutai (Shanghai, CNY): down 1.67 percent, P/E 20.13, market capitalization CNY 1.6 trillion.
Luzhou Laojiao (Shenzhen, CNY): down 2.96 percent, P/E 13.55, market capitalization CNY 101.8 billion.
What matters for the next session
For investors, the key balance is between inventory discipline and weaker premium-liquor demand. Wuliangye's CNY 72.00 price remains materially below its yearly high, while its P/E of 21.05 is higher than Luzhou Laojiao's 13.55.
Wuliangye last stood at CNY 72.00 on Shenzhen on October 21, 2026 at 3:04 p.m. CST, down 1.17 percent from the prior close.
Wuliangye market profile
- Company: Wuliangye Yibin Co., Ltd.
- ISIN: CNE000000VQ8
- Ticker: 000858.SZ
- Primary exchange: Shenzhen Stock Exchange
- Price Shenzhen (as of October 21, 2026, 3:04 p.m. CST): CNY 72.00
- Change on Shenzhen: minus 1.17 percent
- Market capitalization: CNY 279.5 billion (as of October 21, 2026)
- 52-week range: CNY 68.68-CNY 122.50 (as of October 21, 2026)
- Sector / Industry: Consumer Defensive / Beverages - Wineries and Distilleries
Market context: Market report Shanghai Composite.
