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

End-of-day quote. End-of-day quote  - 11/17
47.43 CNY   -3.48%
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
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Diageo buys remainder of Chinese distiller

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07/23/2013 | 08:23am CET
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.
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Latest news on SICHUAN SWELLFUN CO., LTD.
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Financials ( CNY)
Sales 2017 2 047 M
EBIT 2017 554 M
Net income 2017 361 M
Debt 2017 -
Yield 2017 0,92%
P/E ratio 2017 64,28
P/E ratio 2018 35,40
Capi. / Sales 2017 11,3x
Capi. / Sales 2018 7,77x
Capitalization 23 172 M
Chart SICHUAN SWELLFUN CO., LTD.
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Sichuan Swellfun Co., Ltd. Technical Analysis Chart | 600779 | CNE000000NH4 | 4-Traders
Technical analysis trends SICHUAN SWELLFUN CO., LTD.
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 10
Average target price 65,4  CNY
Spread / Average Target 38%
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Managers
NameTitle
Xiang Fu Fan General Manager & Director
Shou Qi Chen Chairman
Vinod Rao Director
Zhen Hao Zhu Director
Zhi Wen Dai Independent Director
Sector and Competitors