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Tsingtao Brewery Co Ltd

Tsingtao Brewery Co Ltd

600600 · SHG · Consumer Defensive / Beverages - Brewers

52.49CNY+0.76 (+1.47%)

Price History

Full chart

Market Stats

Previous Close51.73
Open51.70
Day Range51.21 – 52.68
52-Week Range49.48 – 68.60
Volume4.83M
Market Cap68.24B
P/E (TTM)14.80
Forward P/E15.48
EPS3.38
Dividend Yield4.70%
Beta0.34
50-Day Avg52.01
200-Day Avg58.43

About

Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the manufacture and sale of beer products in Mainland China, Hong Kong, Macau, and internationally. It operates in seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Regions; and Finance Company. The company sells its beer products primarily under the Tsingtao Beer, Laoshan Beer, Hans Beer, Tsingtao Beer Museum, TSINGTAO 1903 Pubs, and Tsingtao Prince brand names. It also provides wealth management, agency collection, real estate, software and IT, and payment services, as well as technology promotion and application services. In addition, the company is involved in industrial engineering; technology promotion and application; and industrial investment activities. Tsingtao Brewery Company Limited was founded in 1903 and is headquartered in Qingdao, the People's Republic of China.

Company Details

  • SectorConsumer Defensive
  • IndustryBeverages - Brewers
  • CEOMr. Zong Xiang Jiang
  • Employees29.26K
  • HeadquartersTsingtao Beer Tower, Qingdao, China, 266071, China
  • Websitehttps://www.tsingtao.com.cn

Leadership

  • Mr. Zong Xiang JiangPresident & Chairman of the Board · b. 1973
  • Mr. Qiu Yan HouFinancial Director, Joint Company Secretary & Executive Director · b. 1967
  • Mr. Zhi Wei CaiPresident of Marketing Center · b. 1967
  • Mr. Rui Xiang ZhangHead of Equity Management Department · b. 1964
  • Ms. Nan XuVP, President of Manufacturing & Chief Brewer · b. 1969
  • Mr. Shuiyuan YuanVP & Supply Chain President · b. 1978
  • Mr. Fu Hua LiuExecutive Director · b. 1977
  • Mr. Hui LiVice President · b. 1978
  • Zhuo Han SunAccounting Supervisor
  • Ms. Lihong SunHead of Law Affairs Department · b. 1975

Financials

Income Statement

Currency: CNY1990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue337.05M497.90M809.39M1.05B1.10B1.47B1.52B1.53B1.72B2.45B3.77B5.28B6.94B7.51B8.62B10.02B11.68B13.71B16.02B18.03B19.90B23.16B25.78B28.29B29.05B27.63B26.11B26.28B26.58B27.98B27.76B30.17B32.17B33.94B32.14B30.30B
Growth (%)-+47.72%+62.56%+29.59%+5.25%+33.33%+2.98%+1.03%+12.49%+41.95%+54.01%+40.11%+31.46%+8.23%+14.82%+16.23%+16.54%+17.40%+16.88%+12.50%+10.38%+16.38%+11.33%+9.73%+2.68%-4.87%-5.53%+0.65%+1.13%+5.30%-0.80%+8.67%+6.65%+5.49%-5.30%-5.72%
Cost of Revenue259.92M337.80M501.36M696.40M-1.12B1.12B1.02B1.07B1.46B2.25B3.15B4.06B4.33B5.03B5.94B6.81B8.00B9.51B10.29B11.23B13.42B15.43B17.01B17.90B17.21B15.29B15.65B16.59B17.12B18.02B19.18B20.40B20.89B19.29B19.24B
Gross Profit77.14M160.10M308.04M352.52M1.10B356.96M397.71M511.28M652.11M981.62M1.52B2.12B2.88B3.18B3.59B4.08B4.87B5.71B6.51B7.74B8.66B9.74B10.35B11.28B11.15B10.42B10.82B10.62B9.98B10.86B9.74B10.98B11.77B13.04B12.85B11.06B
Gross Margin22.89%32.15%38.06%33.61%100.00%24.25%26.24%33.39%37.85%40.14%40.38%40.27%41.50%42.38%41.68%40.68%41.72%41.63%40.66%42.94%43.54%42.06%40.14%39.89%38.38%37.72%41.44%40.43%37.56%38.82%35.09%36.41%36.58%38.44%39.97%36.49%
Operating Expense59.48M98.24M181.96M113.55M913.36M183.61M315.14M378.12M524.45M884.83M1.41B2.02B2.53B2.76B3.10B3.48B4.16B4.82B5.53B6.15B6.73B7.60B8.40B8.93B8.87B8.57B9.40B8.51B7.61B8.17B6.49B6.53B6.77B7.31B7.00B5.90B
Operating Income17.66M61.85M126.08M238.97M190.68M173.34M82.57M133.16M127.66M96.78M107.78M102.76M346.96M423.42M493.45M593.84M710.45M885.95M988.87M1.59B1.94B2.14B1.95B2.35B2.28B1.86B1.42B2.11B2.38B2.70B3.25B4.45B5.00B5.74B5.84B5.16B
Operating Margin5.24%12.42%15.58%22.78%17.27%11.78%5.45%8.69%7.41%3.96%2.86%1.95%5.00%5.64%5.72%5.93%6.08%6.46%6.17%8.81%9.73%9.25%7.55%8.31%7.86%6.71%5.43%8.05%8.95%9.64%11.71%14.77%15.54%16.90%18.18%17.03%
EBITDA16.77M60.35M125.56M170.20M1.10B116.43M65.63M68.60M245.70M322.47M575.65M852.14M1.00B1.07B1.06B1.18B1.19B1.54B1.76B2.36B2.76B3.25B2.79B2.75B2.82B2.02B2.35B2.45B2.50B2.63B3.36B3.92B4.68B5.39B5.54B6.46B
EBITDA Margin4.98%12.12%15.51%16.23%100.00%7.91%4.33%4.48%14.26%13.19%15.28%16.15%14.47%14.27%12.25%11.78%10.20%11.20%10.98%13.08%13.88%14.01%10.80%9.71%9.72%7.33%9.01%9.34%9.40%9.40%12.12%13.00%14.54%15.89%17.25%21.32%
Net Income24.64M7.84M104.61M225.63M165.76M140.17M70.23M102.23M99.00M89.47M95.20M102.89M230.66M253.87M279.72M303.96M434.90M558.14M699.55M1.25B1.52B1.74B1.76B1.97B1.99B1.71B1.04B1.26B1.42B1.85B2.20B3.16B3.71B4.27B4.34B4.59B
Net Income Margin7.31%1.58%12.93%21.51%15.01%9.52%4.63%6.68%5.75%3.66%2.53%1.95%3.33%3.38%3.24%3.03%3.72%4.07%4.37%6.95%7.64%7.50%6.82%6.98%6.85%6.20%4.00%4.81%5.35%6.62%7.93%10.46%11.53%12.58%13.52%15.14%
R&D----------6.80M4.11M3.08M3.36M4.17M--1.86M1.86M9.15M10.99M10.97M12.30M20.10M19.25M12.88M14.61M18.69M19.76M21.09M21.47M30.89M62.95M100.64M102.77M121.85M
R&D as % of Total Revenue----------0.18%0.08%0.04%0.04%0.05%--0.01%0.01%0.05%0.06%0.05%0.05%0.07%0.07%0.05%0.06%0.07%0.07%0.08%0.08%0.10%0.20%0.30%0.32%0.40%
Interest Expense--------11.17M54.11M115.47M136.97M146.66M112.99M70.06M69.33M39.47M39.43M97.68M95.98M82.89M96.88M104.10M83.45M39.45M8.98M13.46M14.32M17.50M19.47M22.66M33.43M21.06M19.23M24.64M14.09M
Interest Expense % of Total Revenue--------0.65%2.21%3.07%2.60%2.11%1.50%0.81%0.69%0.34%0.29%0.61%0.53%0.42%0.42%0.40%0.29%0.14%0.03%0.05%0.05%0.07%0.07%0.08%0.11%0.07%0.06%0.08%0.05%

Balance Sheet

Currency: CNY1990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets839.03M1.06B1.11B2.61B2.70B2.89B3.24B3.89B3.93B5.17B7.00B8.24B8.94B9.00B9.88B9.59B9.59B11.55B12.53B14.87B17.78B21.63B23.66B27.36B27.00B28.50B30.08B30.97B34.08B37.31B41.51B46.56B50.31B49.26B51.42B52.66B
Total Liabilities636.30M850.00M850.56M740.93M741.64M860.78M1.09B1.63B1.61B2.64B4.23B4.60B5.32B4.84B5.70B4.02B3.83B5.56B6.11B6.30B8.06B10.36B10.88B13.49B11.72B12.33B13.20B13.20B15.39B17.40B20.15B22.77B24.04B21.00B21.56B18.17B
Total Equity202.73M208.09M263.33M1.87B1.96B2.02B2.10B2.20B2.25B2.25B2.24B2.96B2.98B3.51B3.59B4.94B5.22B5.51B6.08B8.22B9.60B11.11B12.47B14.02B15.39B16.46B16.31B17.15B17.97B19.17B20.62B23.00B25.49B27.45B29.06B30.65B
Cash124.08M135.30M126.11M721.31M712.43M741.74M671.41M737.70M617.78M605.29M789.20M570.33M854.37M932.90M1.36B1.27B1.23B1.33B2.39B5.35B7.60B6.11B7.12B8.53B6.39B8.40B8.57B9.81B12.54B15.30B18.47B14.60B17.85B19.28B17.98B12.86B
Total Debt522.72M691.84M710.09M415.42M315.54M386.35M699.09M1.03B1.13B1.74B2.79B2.82B2.87B2.36B1.45B977.51M655.17M1.19B1.68B1.41B1.49B1.95B2.01B1.90B437.30M812.96M304.09M284.00M297.21M330.80M861.20M406.99M373.08M63.39M68.24M240.05M
Net Debt398.64M556.54M583.97M-305.89M-396.89M-355.38M27.68M294.24M509.47M1.14B2.00B2.25B2.02B1.42B83.38M-288.35M-577.60M-146.75M-713.07M-3.94B-6.11B-4.15B-5.11B-6.63B-5.95B-7.59B-8.27B-9.52B-12.24B-14.97B-17.61B-14.19B-17.48B-19.22B-17.91B-12.62B

Cash Flow

Currency: CNY1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow174.12M307.72M334.10M529.89M1.11B1.14B1.29B1.18B1.13B1.09B1.51B3.36B3.28B1.87B3.10B3.40B1.69B2.57B2.97B2.31B3.99B4.02B4.95B6.04B4.88B2.78B5.15B5.15B
Investing Cash Flow-30.78M-322.69M-898.23M-1.06B-649.03M-527.48M-307.04M-424.91M-529.06M-1.11B-853.99M-909.88M-764.82M-3.94B-1.99B-1.50B-1.36B-236.71M-1.16B-592.33M-816.74M-347.77M-1.49B-10.25B-2.20B-3.46B-7.42B-3.81B
Financing Cash Flow-26.42M254.49M743.32M359.46M-196.62M-534.84M-509.55M-823.12M-635.28M102.12M441.99M471.56M-260.54M54.58M-391.85M-777.72M-2.45B-30.68M-1.47B-533.17M-640.73M-768.72M-356.09M-1.61B-1.68B-2.87B-2.98B-3.10B
Capital Expenditure169.94M599.03M681.22M774.97M499.03M467.67M374.06M317.28M600.75M1.07B893.05M720.35M1.10B2.44B2.38B2.04B1.95B1.31B855.87M888.19M761.80M1.16B1.30B1.63B1.78B1.62B2.14B2.25B
Free Cash Flow4.17M-291.31M-347.13M-245.08M606.99M670.29M920.34M863.30M527.08M25.21M616.43M2.64B2.18B-569.39M725.38M1.36B-258.23M1.26B2.12B1.42B3.23B2.86B3.66B4.41B3.10B1.16B3.01B2.90B
Dividends Paid-8.47M221.37M238.44M269.98M376.84M273.06M255.22M252.01M316.67M359.46M364.49M231.68M269.90M384.81M567.23M627.95M621.73M540.68M477.60M590.57M656.18M744.72M1.04B1.51B2.48B2.74B3.00B
FCF to OCF2.40%-94.67%-103.90%-46.25%54.88%58.90%71.10%73.13%46.73%2.30%40.84%78.57%66.40%-30.41%23.37%40.13%-15.27%48.94%71.19%61.59%80.92%71.24%73.85%72.94%63.51%41.76%58.46%56.27%
Dividend Paid to FCF--2.91%-63.77%-97.29%44.48%56.22%29.67%29.56%47.81%1256.30%58.31%13.80%10.63%-47.40%53.05%41.56%-243.17%49.34%25.56%33.54%18.28%22.93%20.36%23.67%48.77%213.65%91.00%103.51%

Earnings

Report DateMar 31, 2004Jun 30, 2004Sep 30, 2004Dec 31, 2004Apr 30, 2008Aug 19, 2008Oct 28, 2008Feb 25, 2009Apr 29, 2009Aug 6, 2009Oct 29, 2009Apr 30, 2010Aug 13, 2010Oct 19, 2010Apr 28, 2011Aug 14, 2011Oct 28, 2011Mar 29, 2012Apr 26, 2012Aug 15, 2012Oct 30, 2012Mar 28, 2013Apr 26, 2013Aug 29, 2013Oct 31, 2013Mar 25, 2014Apr 30, 2014Aug 28, 2014Oct 30, 2014Mar 30, 2015Apr 29, 2015Aug 28, 2015Oct 27, 2015Mar 28, 2016Apr 25, 2016Aug 30, 2016Oct 30, 2016Mar 31, 2017Apr 27, 2017Aug 30, 2017Oct 30, 2017Mar 27, 2018Apr 26, 2018Aug 28, 2018Oct 26, 2018Mar 28, 2019Apr 29, 2019Aug 16, 2019Oct 28, 2019Mar 29, 2020Apr 30, 2020Aug 30, 2020Oct 29, 2020Mar 5, 2021Apr 22, 2021Aug 25, 2021Oct 28, 2021Mar 28, 2022Apr 28, 2022Aug 25, 2022Oct 26, 2022Mar 22, 2023Apr 24, 2023Aug 27, 2023Oct 27, 2023Mar 26, 2024Apr 29, 2024Aug 29, 2024Oct 29, 2024Mar 30, 2025Apr 28, 2025Aug 26, 2025Oct 27, 2025Mar 26, 2026Apr 27, 2026Aug 26, 2026
EPS Estimate------0.25-0.100.250.340.21-0.510.210.45--0.020.27-0.51-0.370.51--0.12-0.560.64-0.090.490.600.59-0.130.310.530.41-0.160.340.520.63-0.360.510.460.58-0.420.580.510.68-0.430.400.710.77-0.460.640.910.81-0.560.731.031.11-0.701.041.491.13-0.541.131.541.16-0.391.261.601.00-0.481.281.60
EPS Actual0.060.080.13-0.010.100.190.23-0.000.140.310.440.150.400.500.260.400.500.050.300.410.470.060.330.440.57-0.080.430.610.60-0.330.390.500.36-0.020.370.390.57-0.590.400.420.53-0.450.490.470.59-0.500.600.710.70-0.540.400.980.83-0.580.751.030.88-0.340.831.271.04-0.411.071.451.08-0.471.171.400.99-0.471.251.610.95-0.581.321.55
Surprise-------8.00%-40.00%24.00%29.41%-28.57%--1.96%23.81%-11.11%-350.00%11.11%--7.84%--10.81%-13.73%-33.33%-8.93%-6.25%-266.67%-20.41%-16.67%-38.98%84.62%19.35%-26.42%39.02%-268.75%17.65%-19.23%-15.87%-25.00%-3.92%2.17%1.72%-19.05%3.45%39.22%2.94%-25.58%0.00%38.03%7.79%-26.09%17.19%13.19%8.64%39.29%13.70%23.30%-6.31%41.43%2.88%-2.68%-4.42%12.96%3.54%-9.09%-14.66%-20.51%-0.79%0.63%-5.00%-20.83%3.13%-3.13%
Timing------After-hours-After-hoursPre-marketPre-marketPre-market-After-hoursAfter-hoursAfter-hours-After-hoursPre-market-After-hours-After-hoursAfter-hours-After-hours--After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-market

Key Statistics & Ratios

Market Cap68.24B
Enterprise Value35.53B
Trailing P/E14.80
Forward P/E15.48
PEG Ratio10.67
Price / Sales2.16
Price / Book2.20
EPS3.38
Book Value22.98
Revenue (TTM)31.64B
Gross Profit (TTM)13.33B
EBITDA6.30B
Profit Margin14.55%
Operating Margin27.06%
Return on Equity15.02%
Return on Assets5.99%
Shares Outstanding709.13M
Shares Float918.95M
Beta0.34
Dividend Yield4.70%
Dividend Rate2.35
Payout Ratio0.00%

Dividends

20231×
1.30Jul 14, 2023
20221×
1.10Jul 19, 2022
20211×
0.75Aug 10, 2021
20201×
0.55Jun 24, 2020
20191×
0.48Aug 5, 2019
20181×
0.42Aug 3, 2018
20171×
0.35Jul 28, 2017
20161×
0.39Jul 12, 2016
20151×
0.45Jul 31, 2015
20141×
0.45Aug 1, 2014
20131×
0.40Jul 26, 2013
20121×
0.26Jul 26, 2012
20111×
0.18Jul 26, 2011
20101×
0.16Jul 28, 2010
20091×
0.25Jul 27, 2009
20081×
0.22Jul 24, 2008
20071×
0.22Aug 1, 2007
20062×
0.24Dec 19, 20060.16Aug 17, 2006
20051×
0.15Jul 25, 2005
20041×
0.20Jul 26, 2004
20031×
0.22Jun 30, 2003
20021×
0.11Aug 13, 2002
20011×
0.10Aug 1, 2001

Stock Splits

  • Dec 19, 200611:10