VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Saturday, January 10, 2026
Stock Comparison
Shanxi Xinghuacun Fen Wine Factory Co., Ltd. vs Waters Corporation
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
Shanxi Xinghuacun Fen Wine Factory Co., Ltd.
600809 · Shanghai Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Shanxi Xinghuacun Fen Wine Factory Co., Ltd.'s moat claims, evidence, and risks.
View 600809 analysisWaters Corporation
WAT · New York Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Waters Corporation's moat claims, evidence, and risks.
View WAT analysisComparison highlights
- Moat score gap: Waters Corporation leads (66 / 100 vs 57 / 100 for Shanxi Xinghuacun Fen Wine Factory Co., Ltd.).
- Segment focus: Shanxi Xinghuacun Fen Wine Factory Co., Ltd. has 2 segments (73.7% in Mid-to-High Priced Liquor (>= RMB130/L)); Waters Corporation has 4 segments (34.9% in Waters instrument systems).
- Primary market structure: Oligopoly vs Oligopoly. Pricing power: Strong vs Moderate.
- Moat breadth: Shanxi Xinghuacun Fen Wine Factory Co., Ltd. has 5 moat types across 2 domains; Waters Corporation has 7 across 2.
Primary market context
Shanxi Xinghuacun Fen Wine Factory Co., Ltd.
Mid-to-High Priced Liquor (>= RMB130/L)
China premium baijiu (with focus on light-aroma baijiu) and mid-to-high priced spirits
China
Consumers and corporate/banquet demand via distributor/retail channels
Brand owner / distiller / wholesaler-distributor orchestrator
73.7%
Waters Corporation
Waters instrument systems
Liquid chromatography (LC/UPLC) and mass spectrometry (MS) analytical instrument systems (including LC-MS workflows and instrument control/data system software)
Global
Pharma/biotech, industrial, academic and government laboratories
OEM + software/platform provider
34.9%
Side-by-side metrics
Moat coverage
Shared moat types
Shanxi Xinghuacun Fen Wine Factory Co., Ltd. strengths
Waters Corporation strengths
Segment mix
Shanxi Xinghuacun Fen Wine Factory Co., Ltd. segments
Full profile >Mid-to-High Priced Liquor (>= RMB130/L)
Oligopoly
Other Liquor (value-tier baijiu and other spirits)
Competitive
Waters Corporation segments
Full profile >Waters instrument systems
Oligopoly
Chemistry consumables
Competitive
Waters service & software maintenance
Competitive
TA instrument systems & service
Oligopoly
Want the full wide moat stocks list?
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Proven models entering the expansion stage with unit economics that work.
View expansion-stage stocksCuration & 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.