贵州茅台 reported revenue of ¥92.28B for the period ended 2026-06-30, +1.3% year on year. Net income was ¥46.03B, a 49.9% net margin on a 89.7% gross margin. The largest revenue line is 茅台酒 at 84% of the total. Free cash flow for the period was ¥43.55B.
| Item | Amount | Y/Y |
|---|---|---|
| Revenue | ¥92.28B | +1.3% |
| Gross profit | ¥82.80B | — |
| Operating income | ¥61.41B | — |
| Net income | ¥46.03B | -2.0% |
| Gross margin | 89.7% | Net margin 49.9% |
| Revenue Q/Q | -31.3% | — |
| Segment | Revenue | Share |
|---|---|---|
| 茅台酒 | ¥77.72B | 84.2% |
| 其他系列酒 | ¥12.93B | 14.0% |
| 其他(补充) | ¥0.04B | 0.0% |
| Item | Amount | % of revenue |
|---|---|---|
| Cost of revenue | ¥9.47B | 10.3% |
| R&D | ¥0.11B | 0.1% |
| SG&A | ¥6.84B | 7.4% |
| Tax & other | ¥15.38B | 16.7% |
| Item | Amount |
|---|---|
| Total assets | ¥309.05B |
| Total liabilities | ¥46.95B |
| Shareholders' equity | ¥262.10B |
| Equity / assets | 84.8% |
| Operating cash flow | ¥43.78B |
| Capital expenditure | ¥0.23B |
| Free cash flow | ¥43.55B |
| Cash conversion (OCF / net income) | 154% |
The Sankey chart shows how revenue splits into cost of revenue, R&D and SG&A, and what remains as profit — clean visuals for research decks and social posts.
中天科技 ・ 山东黄金 ・ 厦门钨业 ・ 恒生电子 ・ 长电科技 ・ 海螺水泥 ・ 用友网络 ・ 青岛啤酒 ・ 福耀玻璃 ・ 川投能源 ・ 海尔智家 ・ 华域汽车
Source: Eastmoney · This page shows public filing data only, not investment advice. · Browse all companies