Kweichow Moutai Co (SHSE:600519) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

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SHSE:600519 Kweichow Moutai Co Ltd SHSE:600519
99 GF Score
Price ¥1,299.52
GF Value ¥1,594.27
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Kweichow Moutai Co Dividend Payout Ratio?

Kweichow Moutai Co SHSE:600519 +0.58% 99 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates SHSE:600519 with a GF Score™ of 99/100 and a GF Value™ of ¥1,594.27 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 118 Beverages - Alcoholic companies, Kweichow Moutai Co ranks worse than 70.34% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Kweichow Moutai Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Kweichow Moutai Co Ltd is 0.78, which seems too high.

The historical rank and industry rank for Kweichow Moutai Co's Dividend Payout Ratio or its related term are showing as below:

SHSE:600519' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.45   Max: 0.8
Current: 0.78


During the past 13 years, the highest Dividend Payout Ratio of Kweichow Moutai Co was 0.80. The lowest was 0.31. And the median was 0.45.

SHSE:600519's Dividend Payout Ratio is ranked worse than
70.34% of 118 companies
in the Beverages - Alcoholic industry
Industry Median: 0.515 vs SHSE:600519: 0.78

As of today (2026-07-24), the Dividend Yield % of Kweichow Moutai Co is 3.96%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Kweichow Moutai Co was 4.42%. The lowest was 0.65%. And the median was 1.39%.

Kweichow Moutai Co's Dividends per Share for the months ended in Mar. 2026 was ¥0.00.

During the past 12 months, Kweichow Moutai Co's average Dividends Per Share Growth Rate was -5.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 33.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 28.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 28.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Kweichow Moutai Co was 97.40% per year. The lowest was 5.20% per year. And the median was 33.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Kweichow Moutai Co (SHSE:600519) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Kweichow Moutai Co Dividend Payout Ratio Related Terms


Kweichow Moutai Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Kweichow Moutai Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kweichow Moutai Co Dividend Payout Ratio Chart

Kweichow Moutai Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.43 0.44 0.80 0.79

Kweichow Moutai Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 1.87 0.00 1.70 0.00

SHSE:600519 vs BF.B: Dividend Payout Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Kweichow Moutai Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kweichow Moutai Co Dividend Payout Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kweichow Moutai Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Kweichow Moutai Co's Dividend Payout Ratio falls into.


SHSE:600519
99GF Score
Kweichow Moutai Co Ltd SHSE:600519
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kweichow Moutai Co Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Kweichow Moutai Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=51.63/ 65.64
=0.79

Kweichow Moutai Co's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ 21.746
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Kweichow Moutai Co (SHSE:600519) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Kweichow Moutai Co and its competitors. Over the past decade, Kweichow Moutai Co's Dividend Payout Ratio has ranged from 0.31 to 0.80. According to the industry distribution chart, Kweichow Moutai Co ranks #83 out of 118 companies in the Beverages - Alcoholic industry, placing it in the top 70.3%.
Is Kweichow Moutai Co's Dividend Payout Ratio too high?
Kweichow Moutai Co's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.80. Based on the distribution chart, Kweichow Moutai Co ranks #83 out of 118 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Kweichow Moutai Co has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kweichow Moutai Co's Dividend Payout Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Kweichow Moutai Co ranks #83 out of 118 companies for Dividend Payout Ratio. This places Kweichow Moutai Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.52. Historically, Kweichow Moutai Co's own Dividend Payout Ratio has ranged from 0.31 to 0.80 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Beverages - Alcoholic company?
The median Dividend Payout Ratio among Beverages - Alcoholic companies is 0.52, based on 118 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Kweichow Moutai Co and its competitors. For the Beverages - Alcoholic industry, the median Dividend Payout Ratio is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kweichow Moutai Co's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kweichow Moutai Co stock overvalued right now?
Based on GuruFocus' analysis, Kweichow Moutai Co (SHSE:600519) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥1,594.27, compared to a current price of ¥1,299.52 — trading 18.5% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Kweichow Moutai Co's overall GF Score™ is 99/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Kweichow Moutai Co (SHSE:600519), the current Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kweichow Moutai Co (SHSE:600519) Overvalued in 2026?

Based on GuruFocus' analysis, Kweichow Moutai Co stock appears to be undervalued. The current stock price of ¥1,299.52 is trading 18.5% below its estimated GF Value™ of ¥1,594.27. GuruFocus considers Kweichow Moutai Co to be Modestly Undervalued.

Key valuation signals for SHSE:600519:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ¥1,594.27 vs. price of ¥1,299.52 (18.5% below fair value)
  • GF Score™: 99/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600519 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kweichow Moutai Co Business Description

Other Exchanges MOUTAI80:Thailand
Address Maotai Town, Guizhou Province, Renhuai, CHN, 564501
Kweichow Moutai is China's largest baijiu producer, with sales revenue of over CNY 170 billion in 2024. Established in 1951, Moutai is headquartered in Moutai Town, Renhuai City, Guizhou province, in southwest China. Its core product, 53-degree Feitian Moutai, is known as China's national drink and has been consumed during many high-profile historical and political events. Moutai's unparalleled brand strength and premium product quality have led to remarkable pricing power, allowing it to achieve the industry's highest retail prices and profit margins. The State-owned Assets Supervision and Administration Commission of Guizhou province, through Moutai Group, controls a 49% stake in Kweichow Moutai.
99GF Score

Get the complete analysis for SHSE:600519

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥1,299.52
Price
¥1,594.27
GF Value