id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fbem-10905	Chen, Zixi; Bao, Jiayue	Analysis of Profitability of Listed Chinese Baijiu Companies	2023	7	.pdf	application/pdf	4265	158	46	Return on Equity of Baijiu listed companies in recent years Number Enterprise Name 2018 2019 2020 2021 2022 Mean Value 1 Swellfun 33.72% 41.64% 34.43% 50.30% 39.93% 40.00% 2 Xinghuacun Fen Wine 26.39% 29.12% 35.23% 42.02% 43.70% 35.29% 3 MOUTAI 35.45% 33.92% 31.99% 30.56% 32.53% 32.89% 4 Luzhou Laojiao 21.65% 25.31% 27.88% 30.93% 33.33% 27.82% 5 Wuliangye 23.44% 25.82% 25.53% 25.91% 25.65% 25.27% 6 Kouzi Distillery 27.24% 26.11% 17.90% 22.30% 18.07% 22.33% 7 King's Luck Brewery 20.21% 21.09% 20.25% 23.11% 24.58% 22.01% 8 Yingjia Distillery 18.40% 20.45% 19.28% 24.87% 26.20% 21.84% 9 Shede Spirits 13.89% 18.08% 17.30% 28.95% 29.49% 21.54% 10 Yanghe 25.71% 21.07% 19.97% 18.56% 20.86% 21.24% 11 Gujing Distillery 23.41% 24.71% 18.59% 17.14% 17.78% 20.33% 12 Jiugui Liquor 10.64% 12.99% 18.59% 28.00% 27.33% 19.51% 13 Laobaigan Liquor 15.69% 13.37% 9.26% 10.80% 17.53% 13.33% 14 Yilite Industry 18.13% 16.65% 10.40% 8.68% 4.49% 11.67% 15 Jinhui Liquor 13.52% 11.92% 12.46% 11.27% 9.11% 11.65% 16 Shunxin Agriculture 9.80% 10.78% 5.60% 1.35% -9.26% 3.65% 17 Highland Barley Spirit 4.35% 0.91% -5.44% 2.39% 1.43% 0.73% 18 Golden Seed Winery 4.47% -7.87% 2.46% -5.86% -7.02% -2.76% Source of total score data: CSMAR 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00% 2018 2019 2020 2021 2022 Return on Equity（%） Operating Profit Margin （%） Operating Gross Profit Margin（%） Cost-to-Income Ratio（%） 195 3.2. Operating Profit Margin of listed Baijiu enterprises in recent years Number Enterprise Name 2018 2019 2020 2021 2022 Mean Value 1 MOUTAI 69.72% 69.11% 70.20% 70.39% 70.81% 70.05% 2 Wuliangye 46.76% 48.38% 48.54% 49.17% 50.26% 48.62% 2 Luzhou Laojiao 35.82% 38.69% 47.80% 51.30% 55.12% 45.75% 4 Kouzi Distillery 48.25% 48.76% 42.06% 46.95% 40.91% 45.39% 5 Yanghe 44.76% 42.21% 46.89% 39.40% 41.55% 42.96% 6 King's Luck Brewery 40.58% 40.07% 40.87% 42.34% 42.38% 41.25% 7 Yingjia Distillery 29.98% 33.50% 36.86% 39.59% 41.42% 36.27% 8 Swellfun 27.68% 31.13% 32.10% 36.03% 34.95% 32.38% 9 Jiugui Liquor 24.83% 26.45% 32.96% 34.96% 35.09% 30.86% 10 Xinghuacun Fen Wine 23.20% 23.93% 30.27% 35.20% 41.48% 30.82% 11 Shede Spirits 19.99% 26.87% 28.42% 33.69% 36.92% 29.18% 12 Gujing Distillery 27.02% 27.10% 23.65% 23.37% 26.64% 25.56% 13 Yilite Industry 27.13% 27.34% 25.81% 23.94% 14.72% 23.79% 14 Jinhui Liquor 22.95% 21.41% 25.10% 22.41% 15.59% 21.50% 15 Laobaigan Liquor 11.19% 11.78% 12.08% 12.64% 20.09% 13.56% 16 Shunxin Agriculture 8.80% 7.96% 4.61% 3.79% -3.20% 4.39% 17 Highland Barley Spirit 12.25% 4.63% -15.14% 8.96% 8.32% 3.80% 18 Golden Seed Winery 9.85% -14.60% 3.67% -13.83%	cache/fbem-10905.pdf	txt/fbem-10905.txt