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Luzhou Laojiao Co.,Ltd 000568.SZ

CN · XSHE · XSHE · stock · Consumer Defensive · website

Luzhou Laojiao Co.,Ltd statistics & valuation

Market capCN¥131.6B
P / E12.2×
P / S5.1×
P / B2.6×
P / FCF25.4×
Net margin42.1%
FCF margin20.2%
Net cashCN¥20.6B
Enterprise value USD$16.5B
Earnings yield EBIT/EV12.6%
Return on capital26.5%
Graham number -16.3%CN¥74.84

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (CN¥74.84); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
41.30% 43.80% 43.20% 42.10% 2022202320242025
Gross margin (%)
86.60% 88.30% 87.50% 86.60% 2022202320242025
Operating margin (%)
53.50% 57.10% 56.70% 54.40% 2022202320242025
Return on equity (%)
30.30% 32.00% 28.40% 21.80% 2022202320242025
Shares outstanding
1.47B 1.47B 1.47B 1.47B 2022202320242025
Net debt (CN¥)
-CN¥11.47B -CN¥14.35B -CN¥24.00B -CN¥20.62B 2022202320242025
Share buybacks (CN¥)
2022202320242025
Return on assets (%)
20.20% 20.90% 19.70% 16.70% 2022202320242025
Free cash flow margin (%)
28.80% 30.30% 57.70% 20.20% 2022202320242025
Debt / equity (×)
0.18× 0.28× 0.20× 0.13× 2022202320242025
EPS (CN¥)
CN¥7.06 CN¥9.02 CN¥9.18 CN¥7.36 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Luzhou Laojiao Co.,Ltd trades at about 12.1× earnings — below its 10-year norm (10-year range 12.6×–33.6×, median 16.4×).

12.1× 33.6×

Shaded band = 10-year range (12.6×–33.6×); dot = today's 12.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin86.6%87.5%88.3%86.6%
Operating margin54.4%56.7%57.1%53.5%
Net margin42.1%43.2%43.8%41.3%
FCF margin20.2%57.7%30.3%28.8%
Return on assets16.7%19.7%20.9%20.2%
Return on equity21.8%28.4%32.0%30.3%
Debt / equity0.05×0.13×0.28×0.18×
Current ratio3.863.564.503.15

Computed from company filings · CN · as of 2025-12-31. Figures in CNY. Facts plus Stocktoria's own computed scores — not investment advice.