---
title: "Shede Spirits Co., Ltd. (600702.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600702.SH.md"
symbol: "600702.SH"
name: "Shede Spirits Co., Ltd."
industry: "Distillers and Vintners"
datetime: "2026-05-20T04:16:14.395Z"
locales:
  - [en](https://longbridge.com/en/quote/600702.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600702.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600702.SH.md)
---

# Shede Spirits Co., Ltd. (600702.SH)

## Company Overview

Shede Spirits Co., Ltd., together with its subsidiaries, designs, produces, and sells of liquor products in China. It engages in the production and sale of glass products; wholesale and retail of alcoholic beverages and their packaging materials; grain purchase and sale; material procurement and sale; and commercial trade. The company is also involved in domestic tourism; tourism scenic area development; exhibition and display services; sales of pre-packaged food; wine distribution, food sales, online food sales, food import and export, brand management, marketing planning, and internet sales; and inspection and testing services; and road freight transport, general cargo warehousing services, loading and unloading, operation of road freight transport stations, and domestic freight forwarding. In addition, it engages in the provision of technology promotion services; business management consulting; economic and trade consulting; conference services; exhibition and display organization; etiquette services; corporate planning; public relations services; market research; software development; computer system services; data processing; sales of computers, software, and auxiliary equipment; software development; and computer graphic design and production.

| Item | Detail |
|------|--------|
| Industry | Distillers and Vintners |
| Exchange | CN Market |
| Website | [www.tuopaishede.cn](https://www.tuopaishede.cn) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: D
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:10.000Z

**Overall: D (0.63)**

**Industry**: Distillers and Vintners

| Metric | Value |
|--------|-------|
| Industry Ranking | 23 / 32 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: D

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -10.43% |  |
| Net Profit YoY | -23.43% |  |
| P/B Ratio | 1.93 |  |
| Dividend Ratio | 1.02% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 13796306608.18 |  |
| Revenue | 4320300174.21 |  |

#### Multi Score Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 1.52% | D |
| Profit Margin | 2.51% | C |
| Gross Margin | 66.35% | A |
| Revenue YoY | -10.43% | E |
| Net Profit YoY | -23.43% | D |
| Total Assets YoY | 8.44% | B |
| Net Assets YoY | -0.58% | D |
| Cash Flow Margin | -783.10% | E |
| OCF YoY | -10.43% | E |
| Turnover | 0.34 | D |
| Gearing Ratio | 44.12% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Shede Spirits Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-10.43%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-23.43%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.93",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "1.02%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "13796306608.18",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "4320300174.21",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "1.52%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "2.51%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "66.35%",
          "rating": "A"
        },
        {
          "name": "Revenue YoY",
          "value": "-10.43%",
          "rating": "E"
        },
        {
          "name": "Net Profit YoY",
          "value": "-23.43%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "8.44%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "-0.58%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-783.10%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "-10.43%",
          "rating": "E"
        },
        {
          "name": "Turnover",
          "value": "0.34",
          "rating": "D"
        },
        {
          "name": "Gearing Ratio",
          "value": "44.12%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 127.94 | 19/32 | 131.79 | 122.69 | 110.54 |
| PB | 1.94 | 11/32 | 2.88 | 2.54 | 2.33 |
| PS (TTM) | 3.21 | 7/32 | 4.30 | 3.87 | 3.52 |
| Dividend Yield | 1.02% | 22/32 | 0.86% | 0.79% | 0.69% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Moutai (600519.SH) | A | D | C | A | C | B |
| 02 | SHANXI FEN WINE (600809.SH) | A | C | B | B | C | B |
| 03 | KJS (601579.SH) | B | B | C | A | C | B |
| 04 | WLY (000858.SZ) | B | E | D | B | D | C |
| 05 | LZLJ (000568.SZ) | A | D | C | A | D | C |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-20T16:00:00.000Z

Total Analysts: **7**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 4 | 57% |
| Overweight | 2 | 29% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 41.81 |
| Highest Target | 63.21 |
| Lowest Target | 61.80 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600702.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600702.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600702.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600702.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**