5 Most Valuable Alcohol Companies

2. Wuliangye Yibin Co. Ltd.

Market cap: $189 billion

Assets: $14.9 billion

Headquarters: Yibin, China

Wuliangye is translated to “five-grain liquor,” while Yibin is a town in China’s Sichuan province where the spirit is manufactured. The company is China’s second-most valuable baijiu maker by market cap. The company manufactures and distributes distilled and blended liquors. The company reported a 14% year-on-year increase in revenue for 2020. According to the company’s annual report on major performance data, the company’s net profit contributed to its shareholders has risen to about $3 billion, which is also approximately 14 percent on a year-on-year basis. Shares of Yibin rallied 136.37% over the past twelve months.

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