Page 30 - Fortune-November 01, 2018

STILL LIFE
WITH SORGHUM
Kweichow Moutai
distillery workers 38
processing grains
that will be used to
makebaijiu liquor. KWEICHOW
MOUTAI
CHINA [$97]

36 37 2.7 39
1.6 1.1
ILLUMINA FORTIVE BYD COMPANY
BAIJIU IS China’s native liquor.
U.S. [ILMN, $305] U.S. [FTV, $80] CHINA [BYDDY, $13]
A clear, colorless spirit made
from sorghum wheat, it’s used
for toasts at banquets, offered
as a gift to guests, or sim-
2.7 2.7 2.6
1.6 1.1 1.5 1.2 ply knocked back over dinner. 2.0 0.6
Kweichow Moutai produces
China’s most illustrious baijiu,
GENETIC TESTING is having a IN THE TWO YEARS since Fortive taking its name from the vil- BYD IS an acronym for “Build
heyday as the process of se- separated from parent com- lage that is home to its distill- Your Dreams.” Its own dream
quencing genomes becomes pany Danaher, its stock has ery. Moutai’s stock took a dive began with rechargeable bat-
cheaper and more ubiquitous. popped 60%. The conglomer- in 2013 following President Xi teries, which BYD made for
Illumina has capitalized with its ate has two broad divisions. Jinping’s crackdown on lav- smartphone makers. That led
testing expertise. It partners One focuses on instruments ish government spending. But to bigger batteries—power-
with consumer-focused DNA that measure and monitor, like the company rebounded be- ful enough to be used in cars.
testing services like 23andMe, gas detectors and electricians’ cause Moutai baijiu is as much In 2008, Warren Buffett’s Berk-
and with pharma giants like tools. The other sells equip- a cultural product as a physi- shire Hathaway took an 8.25%
Bristol-Myers Squibb who seek ment, services, and software to cal one. Kweichow Moutai has stake in BYD: That stake is now
its help with drug development. the transportation and auto re- seen heady growth in more re- worth roughly $1.5 billion, and
Last year, the FDA approved Il- pair industries. Fortive recently cent years. In 2017, Moutai BYD has become the world’s
lumina’s companion diagnostic acquired Accruent, a software overtook Diageo to become top seller of electric vehicles
for Amgen’s Vectibix, a drug for provider that helps businesses the world’s most valuable li- themselves, shipping 108,000
metastatic colorectal cancer. manage real estate and fa- quor company. Its market cap units last year. BYD plans to sell QIL A I SHEN—BLOOMBERG V I A GE T T Y IM AGES
In the past 12 months, Illumina cilities—and whose subscrip- has ballooned 67% since then, batteries to other EV makers
has provided a 60% return to tion business model is the kind and revenues for the first half before the year is out, and is
shareholders; over the past five Wall Street prizes for its pre- of 2018 rocketed 38% year partnering with Baidu to build
years, that figure is 306%. dictability. over year, to $4.86 billion. autonomous vehicles.
Market value: $44.8 billion Market value: $26.8 billion Market value: $121.7 billion Market value: $17.9 billion

COMPANY CAPACITY SCORE MARKET POTENTIAL SCORE
80 X.X OVERALL SCORE
FO R T U N E. CO M // N O V. 1 . 1 8 X.X X.X