Tsingtao Brewery Co., Ltd. Class A

Tsingtao Brewery Co., Ltd. Class A

4.43
EUR
0.00
(0.00%)
9.64BMarket Cap
Oct 28Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
14.1
14.47
13.77
13
13.09
13.24
13.94
13.83
14.98
15.96
16.8
15.88
16.02
- -
Basic EPS, GAAP
0.98
0.99
0.85
0.52
0.63
0.71
0.92
1.1
1.57
1.84
2.11
2.15
2.26
- -
Free Cash Flow per Basic Share
0.68
-0.13
0.63
1.05
0.71
1.61
1.43
1.82
2.19
1.54
0.57
1.49
1.15
- -
Dividend per Share
0.28
0.31
0.31
0.27
0.24
0.29
0.33
0.37
0.52
0.75
1.23
1.36
1.47
- -
Book Value per Share
6.98
7.67
8.2
8.13
8.54
8.95
9.55
10.17
11.35
12.58
13.54
14.34
15.12
15.47
Tangible Book Value per Share
5.18
5.63
6.2
5.99
6.51
7.01
7.62
8.29
9.48
10.67
11.67
12.37
13.19
13.55
Basic Weighted Avg Shares
2,007
2,007
2,007
2,008
2,007
2,007
2,007
2,008
2,014
2,015
2,020
2,023
2,027
1,530
Sales/Revenue/Turnover
28,291
29,049
27,635
26,106
26,277
26,575
27,984
27,760
30,167
32,172
33,937
32,138
32,473
- -
Operating Margin (%)
6.62
6.62
3.96
4.75
6.64
7.3
7.82
10.21
11.58
13.27
14.13
15.52
17.07
- -
Depreciation Expense
879
922
950
1,133
1,161
1,138
1,125
1,145
1,110
1,084
1,140
1,191
1,259
- -
Net Income, GAAP
1,973
1,990
1,713
1,043
1,263
1,422
1,852
2,201
3,155
3,711
4,268
4,345
4,588
- -
Effective Tax Rate (%)
25.94
24.73
29.14
47.93
34.33
34.4
29.26
28.17
27.3
24
24.33
23.63
25.01
- -
Profit Margin (%)
6.98
6.85
6.2
4
4.81
5.35
6.62
7.93
10.46
11.53
12.58
13.52
14.13
- -
Working Capital
1,161
1,124
2,134
2,325
3,621
5,654
7,648
9,118
10,700
12,331
12,693
7,667
7,603
9,674
LT Debt
5
3
2
1
1
41
38
116
113
98
63
68
78
78
Total Equity
13,873
15,287
16,166
16,879
17,775
18,690
19,913
21,368
23,794
26,272
28,255
29,860
31,512
32,229
Return on Invested Capital (%)
11.3
10.85
8.01
4.29
7.79
8.25
9.55
10.89
13.72
14.66
15.6
15.2
14.99
- -
Return on Capital (%)
13.3
12.45
11.13
5.79
6.53
6.97
9.09
9.84
13.25
14.28
15.27
14.45
14.51
- -
Return on Common Equity (%)
14.9
13.53
10.76
6.37
7.55
8.1
9.97
11.06
14.47
15.3
16.12
15.38
15.37
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
37
30
29
LT Borrowings
- -
- -
- -
LT Finance Leases
78
74
78
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,027
2,027
2,027
Market Capitalization
89,135
87,998
74,693

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
24,204
26,929
28,703
Cash, Cash Equivalents & STI
19,088
22,966
22,564
Accounts Receivable, Net
127
127
160
Inventories
3,237
2,334
2,270
Total Current Liabilities
16,601
15,788
19,029
Payables & Accruals
- -
- -
- -
ST Debt
37
30
29
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.92%
8.11%
5.53%
Free Cash Flow
24.41%
13.13%
-22.38%
Net Income, GAAP
12.7%
16.67%
5.6%
Sales/Revenue/Turnover
1.73%
3.31%
1.04%
Total Cash Common Dividend
19.21%
33.71%
8.98%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,150
9,918
8,891
3,179
32,138
2025
10,446
10,046
- -
3,107
32,473
2026
10,285
9,370
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.79
1.5
0.99
-0.47
2.15
2025
0.84
1.61
- -
-0.5
2.26
2026
0.89
1.55
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
2.01
- -
1.36
2025
- -
1.14
- -
- -
1.47
2026
- -
- -
- -
- -
- -

Company Description

CEO
Zong Xiang Jiang
Full Time Employees
29,257
Sector
Consumer non-durables
Industry
Beverages: alcoholic
Address
Tsingtao Beer Tower Qingdao SD China 266071
IPO Date
Jul 15, 1993
Business
Tsingtao Brewery Company Limited engages primarily in brewing and selling beer products. The company manufactures various beer types, including lager, pilsner, and specialty brews, under the Tsingtao brand and other labels. Its product portfolio encompasses bottled beer, canned beer, and draft beer catered to domestic and international markets. The company provides comprehensive beverage solutions encompassing production, distribution, and marketing, with operations predominantly in China and expanding presence in overseas markets. Founded in 1903 and headquartered in Qingdao, China, Tsingtao Brewery Company Limited has a long-standing heritage as one of China's leading breweries. The company operates through multiple business segments including brewing operations, sales, and logistics, serving a broad customer base that includes retail, hospitality, and export. Recent strategic developments in the last 1-2 years include new product launches targeting premium and craft beer segments, strategic partnerships for expanding distribution networks, and investments in sustainability initiatives to enhance production efficiency and environmental compliance. These moves reflect a focus on innovation, market expansion, and operational excellence in a competitive industry landscape. Tsingtao Brewery continues to strengthen its position by leveraging its historic brand recognition while adapting to modern consumer preferences, including healthier and diversified beverage options. The company maintains strong domestic market leadership while also actively growing its footprint in international markets through exports and strategic alliances. It operates as a publicly traded company under the ticker 600600.SS on the Shanghai Stock Exchange and remains committed to enhancing shareholder value through continuous innovation and expansion of its product and service offerings.

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