Wuliangye stock gets a Sell rating and CNY 67.00 target

Published on 10/08/2026 at 09:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wuliangye stock's H1 2026 revenue rose 20.87 percent to CNY 28.41667454177 billion. Net profit increased 89.30 percent, while holiday sales pressure clouded demand.

Wuliangye, CNE000000VQ8, Illustration mit AI erstellt.

Wuliangye stock (ISIN CNE000000VQ8) was last at CNY 70.14 on the Shenzhen Stock Exchange on October 8, 2026 at 3:04 p.m. CST, up 0.11 percent from CNY 70.06. The latest analyst action points to a CNY 67.00 target and a Sell rating.

Sell rating targets weaker demand

According to Futunn on October 7, 2026, Wuliangye was downgraded to Sell with a CNY 67.00 target. The report cited weak sales momentum, downward pressure on wholesale prices and an unattractive valuation.

The same channel review described Wuliangye as resilient in Hunan and Shandong, while performance in other regions was weaker. It also said Wuliangye channel inventory stood at one month, a factor that offers distributors more room than the higher inventory levels reported for several regional brands.

H1 profit rose 89.30 percent

According to 9FZT, Wuliangye's H1 2026 interim report dated August 29, 2026 showed operating revenue of CNY 28.41667454177 billion, up 20.87 percent from H1 2025. Net profit attributable to shareholders reached CNY 8.75294299131 billion, an increase of 89.30 percent year over year.

The report also showed operating cash flow of negative CNY 2.15356879232 billion in H1 2026, compared with positive CNY 31.13673662858 billion in H1 2025. The company attributed the cash-flow change to lower cash collections after an adjustment to its collection policy and a lower maturity volume of bank acceptance bills.

Consensus stays far above the market

A consensus overview from Eulerpool dated October 5, 2026 listed 31 analyst assessments and an average price target of CNY 138.50. The overview described the consensus as Buy, with 22 of the 31 analysts recommending Buy.

That split creates a clear tension for investors: the fresh Sell call focuses on near-term sell-through and wholesale pricing, while the broader consensus still reflects the earnings growth reported for H1 2026. The price target gap is therefore a question of whether improving reported profit can outweigh weaker holiday demand.

Wuliangye stock remains below its yearly high

Wuliangye was last at CNY 70.14 on October 8, 2026 at 3:04 p.m. CST. Its 52-week range was CNY 68.68 to CNY 122.96, while market capitalization stood at CNY 272.2 billion and volume reached 16,992,362 shares.