{
  "data_version": "seed-0.7 · marketcap-1 · 2026-08-30",
  "source": "https://finance.foundation",
  "license": {
    "finance_foundation_data": "CC BY 4.0 — attribution: Finance Foundation (https://finance.foundation)",
    "upstream_values": "Fields sourced from a provider carry their own source field and remain under that provider's terms — see https://finance.foundation/api/v1/sources"
  },
  "entity": "company",
  "data": {
    "id": "kweichow-moutai",
    "name": "Kweichow Moutai",
    "legal_name": "Kweichow Moutai Co., Ltd.",
    "ticker": "600519",
    "exchange": "sse",
    "country": "china",
    "sector": "Consumer Staples",
    "industry": "Distilled spirits (baijiu)",
    "market_cap_usd_bn": 241.3,
    "currency": "CNY",
    "website": "https://www.moutaichina.com",
    "founded": 1999,
    "description": "Producer of Moutai, China's premium baijiu liquor, and long the most valuable company on the Shanghai Stock Exchange, though the big state banks have recently overtaken it. Known for exceptionally high margins and state ownership.",
    "identifiers": {
      "lei": null,
      "isin": "CNE0000018R8",
      "figi": "BBG001S65JV2"
    },
    "market_cap_seed_usd_bn": 250,
    "market_cap_basis": "computed",
    "market_cap_as_of": "2026-08-28",
    "market_cap": {
      "usd_bn": 241.3,
      "method": "shares_outstanding x price",
      "shares_outstanding": 1250081601,
      "shares_basis": "outstanding",
      "shares_as_of": "2026-06-30",
      "shares_source": "Kweichow Moutai 2026 Semi-Annual Report (cninfo, the CSRC-designated disclosure site), share-change table...",
      "shares_source_url": "http://static.cninfo.com.cn/finalpage/2026-08-15/1225475868.PDF",
      "price": 1297.4,
      "price_currency": "CNY",
      "price_date": "2026-08-28",
      "price_symbol": "600519.SS",
      "price_venue": "Shanghai",
      "fx": "ECB euro reference rates, 2026-08-28",
      "adr_ratio": null,
      "caveat": "Recent share-count change: the widely quoted 1,256,197,800 is stale. Under the buy-back-for-cancellation programme launched Dec 2025 the company repurchased and cancelled 2,188,614 shares (announcement 2026-021, 28 May 2026), taking the count from 1,252,270,215 to 1,250,081,601; an earlier tranche had already cut it from 1,256,197,800. Treasury stock (库存股) was RMB120,112,601.53 at 1 Jan 2026 and NIL at 30 Jun 2026 because all repurchased shares were cancelled - so no treasury adjustment is needed."
    }
  },
  "field_provenance": {
    "market_cap_usd_bn": "Computed, not copied: shares outstanding from the issuer's own filing x the closing price on its home listing. The inputs, their dates and the filing URL are in the `market_cap` object; null means we hold no share count we can source. `market_cap_seed_usd_bn` is the superseded hand-entered value, kept only so the two can be told apart.",
    "founded": "Company's own corporate history / registration record.",
    "sector": "Finance Foundation classification, not GICS or ICB (both licensed).",
    "identifiers": {
      "isin": "Issuer's own primary listing document; ISO 6166 check digit validated. For a company carried via its US ADR this is the ADR ISIN — see us_listing_type",
      "figi": "OpenFIGI (open standard) — free to redistribute"
    }
  },
  "links": {
    "html": "https://finance.foundation/companies/kweichow-moutai",
    "graph": "https://finance.foundation/api/v1/graph/companies/kweichow-moutai",
    "sources": "https://finance.foundation/api/v1/sources"
  }
}