Kweichow Moutai
China's Kweichow Moutai Co., Ltd. is a partially publicly traded, partially state-owned company that specializes in the production and marketing of the distilled spirit Maotai baijiu as well as the manufacturing and distribution of food, drink, and packaging products, the creation of anti-counterfeiting technology, and the study and creation of pertinent information technology products.
It is China's most valuable non-technology corporation as of 2021 and the biggest beverage company in the entire world. Kweichow Moutai surpassed Tencent in 2022 to become the biggest firm in China in terms of market capitalization.
Kweichow Moutai's market cap was $322.79 billion as of March 2023. According to our data, this places Kweichow Moutai as the 22nd most valuable firm in the world by market cap. The market capitalization, often known as market cap, is a measure of a firm's value that takes into account all of the outstanding shares of a publicly listed company.
The most recent financial reports from Kweichow Moutai show that the company's current revenue (TTM) is $18.49 billion. The corporation generated $16.93 billion in revenue in 2021, a rise from $14.30 billion in revenue in 2020. The total income that a business makes through the sale of its products or services is known as revenue. Contrary to earnings, no deduction is made for expenses.
Founded: 1999
Headquarters: Maotai, Guizhou , China
Website: https://www.moutai.be/
