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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  - 01/23
52.79 CNY   +0.29%
2017 SICHUAN SWELLFU : Beijing Holds 2017 Cultural Confidence Forum
2017 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.
2017 SICHUAN SWELLFUN : Beijing Holds 2017 Cultural Confidence Forum
2017 SICHUAN SWELLFUN : H1 Net Up 26%
2013 Diageo expands in China with Shuijingfang deal
2013 Diageo buys remainder of Chinese distiller
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Financials ( CNY)
Sales 2017 2 043 M
EBIT 2017 516 M
Net income 2017 361 M
Finance 2017 1 099 M
Yield 2017 0,86%
P/E ratio 2017 71,10
P/E ratio 2018 38,53
EV / Sales 2017 12,0x
EV / Sales 2018 8,16x
Capitalization 25 717 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
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Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 63,5  CNY
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
Xiang Fu Fan General Manager & Director
Shou Qi Chen Chairman
Atul Chhaparwal Chairman-Supervisory Board
Wing Fai Ho Chief Financial Officer & Director
Samuel A. Fischer Director
Sector and Competitors