VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Saturday, January 10, 2026

Wide Moat Stocks Expansion-Stage Stocks Home My Collections

Stock Comparison

Luzhou Laojiao Co., Ltd. vs Trimble 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)$171.8B

Gross margin (TTM)86.5%

Operating margin (TTM)56.5%

Net margin (TTM)42.1%

SectorConsumer

IndustryBeverages - Wineries & Distilleries

CountryCN

Data as of2025-12-30

Moat score

73/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

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

View 000568.SZ analysis

Trimble Inc.

TRMB · Nasdaq Global Select Market

Market cap (USD)—

Gross margin (TTM)—

Operating margin (TTM)—

Net margin (TTM)—

SectorTechnology

Industry—

CountryUS

Data as of2026-01-09

Moat score

67/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

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

View TRMB analysis

Comparison highlights

Moat score gap: Luzhou Laojiao Co., Ltd. leads (73 / 100 vs 67 / 100 for Trimble Inc.).
Segment focus: Luzhou Laojiao Co., Ltd. has 2 segments (91.5% in Mid- and high-end baijiu); Trimble Inc. has 3 segments (41.7% in Field Systems).
Primary market structure: Oligopoly vs Oligopoly. Pricing power: Strong vs Moderate.
Moat breadth: Luzhou Laojiao Co., Ltd. has 5 moat types across 3 domains; Trimble Inc. has 7 across 3.

Primary market context

Luzhou Laojiao Co., Ltd.

Mid- and high-end baijiu

Market

Premium baijiu (strong-aroma) in China

Geography

China (primarily); limited exports

Customer

Consumers (personal consumption) and gifting/banquet channels via distributors/retail

Role

Distiller / brand owner

Revenue share

91.5%

Trimble Inc.

Field Systems

Market

High-precision positioning & field solutions (geospatial, construction machine control, positioning/correction services)

Geography

Global

Customer

Surveyors, mapping professionals, civil construction contractors, governments, utilities

Role

Field hardware + software + subscription positioning services

Revenue share

41.7%

Side-by-side metrics

Luzhou Laojiao Co., Ltd.

Trimble Inc.

Ticker / Exchange

000568.SZ - Shenzhen Stock Exchange

TRMB - Nasdaq Global Select Market

Market cap (USD)

$171.8B

n/a

Gross margin (TTM)

86.5%

n/a

Operating margin (TTM)

56.5%

n/a

Net margin (TTM)

42.1%

n/a

Sector

Consumer

Technology

Industry

Beverages - Wineries & Distilleries

n/a

HQ country

Primary segment

Mid- and high-end baijiu

Field Systems

Market structure

Oligopoly

Market share

n/a

HHI estimate

n/a

Pricing power

Strong

Moderate

Moat score

73 / 100

67 / 100

Moat domains

Demand, Supply, Financial

Demand, Network, Supply

Last update

2025-12-30

2026-01-09

Moat coverage

Shared moat types

Distribution Control

Luzhou Laojiao Co., Ltd. strengths

Brand TrustLearning Curve YieldFloat PrepaymentCapex Knowhow Scale

Trimble Inc. strengths

Data Workflow LockinEcosystem ComplementsInstalled Base ConsumablesDesign In QualificationTwo Sided NetworkData Network Effects

Segment mix

Luzhou Laojiao Co., Ltd. segments

Full profile >

Mid- and high-end baijiu

Oligopoly

91.5%

Other baijiu (mainstream/value)

Competitive

8.2%

Trimble Inc. segments

Full profile >

Architects, Engineers, Construction and Owners

Competitive

36.9%

Field Systems

Oligopoly

41.7%

Transportation and Logistics

Competitive

21.4%

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

View the moat stocks list

Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

View expansion-stage stocks

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).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.