Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  SHANGHAI STOCK EXCHANGE  >  Sichuan Swellfun Co., Ltd.    600779   CNE000000NH4

End-of-day quote. End-of-day quote  - 09/22
38.6 CNY   +2.63%
09/14 SICHUAN SWELLFU : Beijing Holds 2017 Cultural Confidence Forum
07/26 SICHUAN SWELLFU : H1 Net Up 26%
2013 Diageo expands in China with Shuijingfang deal
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Diageo buys remainder of Chinese distiller

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/23/2013 | 08:23am CEST
A man walks past a building in the Diageo Shieldhall facility near Glasgow, Scotland

Global drinks firm Diageo (>> Diageo plc) on Tuesday said it had received approval from Chinese authorities to become the sole shareholder in Sichuan Chengdu Shuijingfang Group Company (SJF Holdco), the owner of white spirits company ShuiJingFang (>> Sichuan Swellfun Co., Ltd.).

Global drinks firm Diageo (>> Diageo plc) on Tuesday said it had received approval from Chinese authorities to become the sole shareholder in Sichuan Chengdu Shuijingfang Group Company (SJF Holdco), the owner of white spirits company ShuiJingFang (>> Sichuan Swellfun Co., Ltd.).

Diageo said it would acquire the remaining 47 percent stake in SJF Holdco owned by its Chinese partners for 233 million pounds. As a result, SJF HoldCo will be converted from a joint venture into a wholly foreign-owned enterprise owned by Diageo.

On completion, Diageo's indirect interest in Shanghai-listed Shuijingfang, one of the best known producers of China's 'Bai Jiu' spirit, will rise to 39.71 percent from 21.05 percent, it said.

(Reporting by Rhys Jones, Editing by Brenda Goh)

Stocks treated in this article : Diageo plc, Sichuan Swellfun Co., Ltd.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SICHUAN SWELLFUN CO., LTD.
09/14 SICHUAN SWELLFUN : Beijing Holds 2017 Cultural Confidence Forum
07/26 SICHUAN SWELLFUN : H1 Net Up 26%
2013 Diageo expands in China with Shuijingfang deal
2013 Diageo buys remainder of Chinese distiller
2012DJDiageo Launches Chinese White Spirit In UK
2012 Diageo leads Pernod in race into emerging markets
2012 Diageo considers Asia listing to bolster expansion
More news
Financials ( CNY)
Sales 2017 1 742 M
EBIT 2017 402 M
Net income 2017 320 M
Debt 2017 -
Yield 2017 1,13%
P/E ratio 2017 58,32
P/E ratio 2018 36,20
Capi. / Sales 2017 10,8x
Capi. / Sales 2018 7,89x
Capitalization 18 858 M
Chart SICHUAN SWELLFUN CO., LTD.
Duration : Period :
Sichuan Swellfun Co., Ltd. Technical Analysis Chart | 600779 | CNE000000NH4 | 4-Traders
Technical analysis trends SICHUAN SWELLFUN CO., LTD.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 49,4  CNY
Spread / Average Target 28%
EPS Revisions
Managers
NameTitle
Xiang Fu Fan General Manager & Director
Shou Qi Chen Chairman
Peter Hui Chief Financial Officer & Director
Lee Peng Chow Member-Supervisory Board
Michael Christopher Flynn Chairman-Supervisory Board
Sector and Competitors