WIDE MOAT STOCKS COMPARISON

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Stock Comparison

Luzhou Laojiao Co., Ltd. vs Celsius Holdings, Inc.

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Luzhou Laojiao Co., Ltd.

000568.SZ · Shenzhen Stock Exchange

Market cap (USD)$17.5B
Gross margin (TTM)85.4%
Operating margin (TTM)48.5%
Net margin (TTM)38%
SectorConsumer
IndustryBeer, wine and spirits
CountryCN
Data as of2026-08-23
73/100
Moat score

Weighted across the company's segments.

Full stock profile

Dive deeper into Luzhou Laojiao Co., Ltd.'s moat claims, evidence, and risks.

View 000568.SZ analysis

Celsius Holdings, Inc.

CELH · Nasdaq Capital Market

Market cap (USD)$7.8B
Gross margin (TTM)48.8%
Operating margin (TTM)7.9%
Net margin (TTM)3.6%
SectorConsumer
IndustrySoft drinks
CountryUS
Data as of2026-08-23
74/100
Moat score

Weighted across the company's segments.

Full stock profile

Dive deeper into Celsius Holdings, Inc.'s moat claims, evidence, and risks.

View CELH analysis

Comparison highlights

  • Moat score gap: Celsius Holdings, Inc. leads (74 / 100 vs 73 / 100 for Luzhou Laojiao Co., Ltd.).
  • Segment focus: Luzhou Laojiao Co., Ltd. has 3 segments (87.9% in Mid- and high-end baijiu); Celsius Holdings, Inc. has 1 segment (100% in Functional Energy Beverages (CELSIUS, Alani Nu, Rockstar)).
  • Primary market structure: Oligopoly vs Oligopoly. Pricing power: Moderate vs Weak.
  • Moat breadth: Luzhou Laojiao Co., Ltd. has 2 moat types across 2 domains; Celsius Holdings, Inc. has 2 across 2.

Primary market context

Luzhou Laojiao Co., Ltd.

Mid- and high-end baijiu

Market

Mid- and high-priced baijiu in China, centered on strong-aroma products priced at least CNY150 per bottle

Geography

China (primarily); limited exports

Customer

Consumers buying for personal consumption, gifting, and banquets through distributors, retail, and e-commerce

Role

Distiller, owner of National Cellar 1573 and Luzhou Laojiao brands, and supplier to authorized distributors

Revenue share

87.9%

Celsius Holdings, Inc.

Functional Energy Beverages (CELSIUS, Alani Nu, Rockstar)

Market

Energy drinks (functional/better-for-you positioning) and adjacent wellness products

Geography

Primarily North America; growing international presence

Customer

Consumers via retail and e-commerce channels; sold through distributor/retail channels

Role

Brand owner / product developer; uses third-party manufacturing and third-party distribution

Revenue share

100%

Side-by-side metrics

Luzhou Laojiao Co., Ltd.
Celsius Holdings, Inc.
Ticker / Exchange
000568.SZ - Shenzhen Stock Exchange
CELH - Nasdaq Capital Market
Market cap (USD)
$17.5B
$7.8B
Gross margin (TTM)
85.4%
48.8%
Operating margin (TTM)
48.5%
7.9%
Net margin (TTM)
38%
3.6%
Sector
Consumer
Consumer
Industry
Beer, wine and spirits
Soft drinks
HQ country
CN
US
Primary segment
Mid- and high-end baijiu
Functional Energy Beverages (CELSIUS, Alani Nu, Rockstar)
Market structure
Oligopoly
Oligopoly
Market share
n/a
20.1% (reported)
HHI estimate
n/a
n/a
Pricing power
Moderate
Weak
Moat score
73 / 100
74 / 100
Moat domains
Demand, Supply
Supply, Demand
Last update
2026-09-05
2026-09-13

Moat coverage

Shared moat types

Brand Trust

Luzhou Laojiao Co., Ltd. strengths

Preferential Input Access

Celsius Holdings, Inc. strengths

Distribution Control

Segment mix

Luzhou Laojiao Co., Ltd. segments

Full profile >

Mid- and high-end baijiu

Oligopoly

87.9%

Other baijiu (mainstream/value)

Competitive

11.6%

Other revenues

Competitive

0.6%

Celsius Holdings, Inc. segments

Full profile >

Functional Energy Beverages (CELSIUS, Alani Nu, Rockstar)

Oligopoly

100%

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

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