Budweiser Brewing Company APAC Limited

Budweiser Brewing Company APAC Limited

BDWBY
Budweiser Brewing Company APAC LimitedUS flagOther OTC
3.60
USD
-0.05
- -
11.89BMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.87
2.49
2.19
1.69
2.05
1.96
2.08
1.89
1.75
- -
Basic EPS, GAAP
0.4
0.35
0.3
0.16
0.29
0.28
0.26
0.22
0.15
- -
Free Cash Flow per Basic Share
0.55
0.4
0.26
0.24
0.39
0.33
0.4
0.23
0.19
- -
Dividend per Share
0.01
0.14
0.33
0.11
0.11
0.12
0.15
0.21
0.23
- -
Book Value per Share
6.42
0.77
1.01
0.97
1.15
1.31
1.41
1.43
1.57
1.32
Tangible Book Value per Share
-0.36
0.54
0.34
0.41
0.61
0.72
0.8
0.8
0.76
0.72
Basic Weighted Avg Shares
2,711
2,711
2,993
3,305
3,305
3,305
3,302
3,297
3,303
3,298
Sales/Revenue/Turnover
7,790
6,740
6,546
5,588
6,788
6,478
6,856
6,246
5,764
- -
Operating Margin (%)
21.82
18.61
20.79
15.94
20.52
18.48
19.4
17.88
16.39
- -
Depreciation Expense
744
696
655
647
712
671
654
647
606
- -
Net Income, GAAP
1,079
958
898
514
950
913
852
726
489
- -
Effective Tax Rate (%)
30.16
23.59
33.58
40.86
30.57
26.03
33.69
35.34
45.32
- -
Profit Margin (%)
13.85
14.21
13.72
9.2
14
14.09
12.43
11.62
8.48
- -
Working Capital
-1,838
-1,788
-2,385
-2,305
-1,530
-809
-390
-101
-22
-222
LT Debt
3,185
503
28
37
53
77
94
68
60
71
Total Equity
17,927
10,172
9,884
10,743
11,083
10,833
10,850
10,240
10,328
10,373
Return on Invested Capital (%)
- -
5.83
8.26
4.77
8.31
7.58
7.61
6.4
4.7
- -
Return on Capital (%)
- -
8.4
29.67
14.62
24.64
20.63
17.46
14.35
8.96
- -
Return on Common Equity (%)
- -
9.83
35.23
16.53
27.15
22.5
18.95
15.5
9.89
- -

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
136
- -
236
LT Borrowings
- -
- -
- -
LT Finance Leases
68
- -
71
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13,193
- -
13,218
Market Capitalization
13,153
15,468
13,093

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
3,832
- -
3,567
Cash, Cash Equivalents & STI
2,915
- -
2,459
Accounts Receivable, Net
360
- -
565
Inventories
376
- -
356
Total Current Liabilities
3,933
- -
3,789
Payables & Accruals
- -
- -
- -
ST Debt
136
- -
236
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-0.74%
0.86%
Free Cash Flow
- -
2.22%
-14.7%
Net Income, GAAP
- -
5.36%
-32.64%
Sales/Revenue/Turnover
- -
1.22%
-7.72%
Total Cash Common Dividend
- -
17.24%
7.16%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
6,246
2025
- -
- -
- -
- -
5,764
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.22
2025
- -
- -
- -
- -
0.15
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.21
2025
- -
- -
- -
- -
0.23
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Yanjun Cheng
Full Time Employees
21,000
Sector
Consumer Defensive
Industry
Beverages - Alcoholic
Address
Tower Two, Times Square Causeway Bay Hong Kong
IPO Date
Aug 4, 2020
Business
Budweiser Brewing Company APAC Limited (BDWBY) operates as a leading beverage company focused on brewing, marketing, and distributing beer and other alcoholic beverages across the Asia-Pacific region. The company produces and sells a diverse portfolio of premium and mainstream beer brands, including Budweiser, Corona, Stella Artois, Hoegaarden, Cass, and local favorites such as Harbin and Typhoon; it also offers non-alcoholic beverages and participates in craft beer segments through strategic production facilities. Headquartered in Hong Kong and founded in 2019 as a spin-off from AB InBev, Budweiser Brewing Company APAC Limited maintains extensive operations in key markets including China, South Korea, India, Vietnam, and Australia, serving retail, on-premise, and wholesale customers with tailored distribution networks. The company manages over 30 breweries, primarily concentrated in China where it holds a significant market share in the premium beer category, and extends its reach through partnerships with local distributors and e-commerce platforms. Its business segments encompass mainstream lagers, premium international brands, and economy beers, targeting urban millennials, premium consumers, and mass-market segments across urban and rural areas. As a majority-owned subsidiary of Anheuser-Busch InBev SA/NV, it leverages global brand equity while adapting to regional preferences with localized marketing and innovation initiatives. In recent developments, Budweiser Brewing Company APAC Limited has pursued strategic expansions, including capacity upgrades at key breweries in China and new product launches such as flavored and low-alcohol variants to capture growing demand in the ready-to-drink segment. The company completed a major funding round through equity offerings in 2024 to support digital transformation and sustainability projects, alongside forming alliances with e-commerce giants for enhanced online sales penetration. These initiatives reflect ongoing efforts to strengthen its competitive position amid shifting consumer trends and regulatory environments in APAC markets.

Company News

APIChat
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