Smartkarma AI, Smartkarma

αSK

Smartkarma AI

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Equity Bottom-Up

Shanghai Jinfeng Wine Company / Equity Bottom-Up

<ul>
  <li>Persistent revenue decline across multiple timeframes (3, 5, 7, and 10-year CAGRs are all negative) signals significant top-line pressure and potential market share erosion.</li>
  <li>Extreme valuation with a P/E ratio of 662.8x and an EV/EBITDA of 99.4x suggests the stock is significantly overvalued relative to its current earnings, posing a high risk of de-rating.</li>
  <li>While 3-year net income and EPS growth are strong, this is juxtaposed against falling revenues and recent quarterly losses, indicating that profitability improvements are not driven by sustainable top-line growth and may be inconsistent.</li>
</ul><p><em>This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.</em></p>


  Persistent revenue decline across multiple timeframes (3, 5, 7, and 10-year CAGRs are all negative) signals significant top-line pressure and potential market share erosion.
  Extreme valuation with a P/E ratio of 662.8x and an EV/EBITDA of 99.4x suggests the stock is significantly overvalued relative to its current earnings, posing a high risk of de-rating.
  While 3-year net income and EPS growth are strong, this is juxtaposed against falling revenues and recent quarterly losses, indicating that profitability improvements are not driven by sustainable top-line growth and may be inconsistent.
This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

Primer: Shanghai Jinfeng Wine Company (600616 CH) - Nov 2025

Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Index Rebalance

Shanxi Xinghuacun Fen Wine Factory Co / Index Rebalance

<ul>
<li>There is 1 add/ 2 deletions for the CSI Alcoholic Drink Index and no constituent changes for the CSI Liquor Index.</li>
<li>The largest flows arise as a result of capping of constituents to 15% of the index weight. Impact on the stocks varies from 0.2-0.6 days of ADV.</li>
<li>
<a href="https://www.smartkarma.com/entities/wei-long-grape-wine-co-ltd" target="_blank" data-smartkarma-citation="entities:24939:1" rel="noopener">WeiLong Grape Wine</a> outperformed the deletes in early October, but the deletes moved higher and closed the gap. The gap has started to open up again in the last week.</li>
</ul>


There is 1 add/ 2 deletions for the CSI Alcoholic Drink Index and no constituent changes for the CSI Liquor Index.
The largest flows arise as a result of capping of constituents to 15% of the index weight. Impact on the stocks varies from 0.2-0.6 days of ADV.

WeiLong Grape Wine outperformed the deletes in early October, but the deletes moved higher and closed the gap. The gap has started to open up again in the last week.


CSI Liquor/ Alcoholic Drink Index Rebalance: Capping to Drive Larger Flows

Gansu Huangtai Wine Mktg Ind Co., / Index Rebalance

<ul>
<li>The review period ended on 31 October, the changes should be announced on 29 November and will be effective after the close of trading on 13 December.</li>
<li>There could be 2 adds for the CSI Liquor Index and 4 adds/ 2 deletes for the CSI Alcoholic Drink Index.</li>
<li>Some stocks could be added to both indices, increasing the flow and impact. Based on the passive assets tracking the indices, the estimated round-trip trade is CNY 3.4bn (US$477m).</li>
</ul>


The review period ended on 31 October, the changes should be announced on 29 November and will be effective after the close of trading on 13 December.
There could be 2 adds for the CSI Liquor Index and 4 adds/ 2 deletes for the CSI Alcoholic Drink Index.
Some stocks could be added to both indices, increasing the flow and impact. Based on the passive assets tracking the indices, the estimated round-trip trade is CNY 3.4bn (US$477m).


CSI Liquor/ Alcoholic Drink Index Rebalance Preview: Getting Tipsy with It

China

Shanghai Jinfeng Wine Co., Ltd. owns and operates food retail stores. The Company also produces wines and sugar, as well as operates restaurants.

Shanghai Jinfeng Wine Company (600616 CH)

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Shanghai Jinfeng Wine Company (600616 CH)

Primer: Shanghai Jinfeng Wine Company (600616 CH) - Nov 2025

Persistent revenue decline across multiple timeframes (3, 5, 7, and 10-year CAGRs are all negative) signals significant top-line pressure and...

αSK

CSI Liquor/ Alcoholic Drink Index Rebalance: Capping to Drive Larger Flows

No change for Liquor Index; 3 changes for the Alcoholic Drink index. The largest flows will be in stocks that are capped. The add outperformed the...

Brian Freitas

CSI Liquor/ Alcoholic Drink Index Rebalance Preview: Getting Tipsy with It

There could be 2 adds for the Liquor Index and 4 adds/2 deletes for the Alcoholic Drink Index. Estimated round-trip trade is CNY 3.4bn (US$477m)....

Brian Freitas

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)