Economics, Econometrics and Finance
a year ago

Chinese Baijiu Companies Face Profitability Challenges Amid Intensified Competition

Frontiers in Business Economics and Management
Analysis of Profitability of Listed Chinese Baijiu Companies
Zixi Chen, Jiayue Bao

Paper Summary

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The study analyzed the profitability of 18 Chinese liquor companies by looking at key indicators like Return on Equity and Profit Margin. Top companies showed stable profitability, while lower-ranked ones like Golden Seed Winery and Shunxin Agriculture had more fluctuations, leading to weaker profits.