1. China Stocks

  2. •

    Consumer non-durables

  3. •

    Beverages: alcoholic
Guangzhou Zhujiang Brewery Co., Ltd. Class A

Guangzhou Zhujiang Brewery Co., Ltd. Class A

SSZSE:002461
8.30
CNY
-0.06
(-0.72%)
0.50EPS
15.39P/E
16.75BMarket Cap
Mar 26Next 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
2.44
2.63
2.54
2.64
1.83
1.87
1.88
1.94
2.08
2.22
2.42
2.59
2.66
2.77
Basic EPS, GAAP
0.03
0.05
0.06
0.09
0.09
0.17
0.22
0.26
0.28
0.27
0.28
0.37
0.41
0.49
Free Cash Flow per Basic Share
0.68
0.38
0.18
0.51
0.13
0.11
-0.59
0.18
0.16
0.07
0.13
0.23
0.1
- -
Dividend per Share
0.06
0.03
0.03
0.03
0.03
0.05
0.11
0.11
0.13
0.13
0.13
0.13
0.17
0.36
Book Value per Share
2.41
2.44
2.49
2.6
3.59
3.72
3.87
4.03
4.19
4.35
4.51
4.75
4.99
5.1
Tangible Book Value per Share
1.84
1.92
1.99
2.19
3.34
3.48
2.81
3.6
3.56
3.73
3.91
3.75
4
4.13
Basic Weighted Avg Shares
1,375
1,342
1,386
1,340
2,060
2,155
2,261
2,190
2,183
2,216
2,227
2,213
2,214
2,214
Sales/Revenue/Turnover
3,349
3,524
3,517
3,543
3,764
4,039
4,244
4,249
4,538
4,928
5,378
5,731
5,878
6,134
Operating Margin (%)
3.13
2.03
1.05
2.16
2.21
4.25
9.7
13.67
10.81
9.89
10.49
14.29
15.4
19.23
Depreciation Expense
247
226
238
244
271
265
274
291
278
286
293
299
337
- -
Net Income, GAAP
41
60
83
114
185
366
497
569
611
598
624
810
904
1,089
Effective Tax Rate (%)
23.27
21.39
23.29
21.91
22.87
18.42
12.9
16.7
14.09
14.26
13.04
12.79
13.18
16.58
Profit Margin (%)
1.23
1.71
2.36
3.21
4.93
9.07
11.72
13.4
13.47
12.14
11.59
14.14
15.38
17.75
Working Capital
652
410
70
259
4,786
5,184
3,664
6,124
5,910
5,601
5,592
4,622
4,497
4,832
LT Debt
289
82
- -
- -
- -
- -
- -
503
501
4
13
10
18
16
Total Equity
3,308
3,363
3,432
3,576
7,992
8,279
8,631
8,983
9,344
9,669
10,040
10,577
11,103
11,350
Return on Invested Capital (%)
0.65
1.42
1.39
0.54
3.2
4.33
5.59
6.13
5.99
5.57
5.69
6.76
6.96
8.42
Return on Capital (%)
2.15
1.8
1.94
2.88
2.93
4.17
5.53
5.9
5.98
5.69
5.58
6.62
6.92
8.5
Return on Common Equity (%)
1.27
1.83
2.48
3.29
3.23
4.53
5.92
6.51
6.71
6.33
6.36
7.91
8.39
9.92

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,157
2,246
1,916
LT Borrowings
- -
- -
- -
LT Finance Leases
18
17
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,213
2,213
2,213
Market Capitalization
20,562
20,739
16,755

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8,626
8,880
8,654
Cash, Cash Equivalents & STI
7,940
8,184
8,028
Accounts Receivable, Net
27
48
23
Inventories
562
573
539
Total Current Liabilities
4,129
4,172
3,822
Payables & Accruals
- -
- -
- -
ST Debt
2,157
2,246
1,916
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.13%
4.33%
4.97%
Free Cash Flow
-65.04%
6.78%
-56.15%
Net Income, GAAP
29.86%
10.19%
11.54%
Sales/Revenue/Turnover
5.31%
6.73%
2.56%
Total Cash Common Dividend
33.15%
10.85%
34.48%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,108
1,878
1,901
844
5,731
2025
1,227
1,971
- -
805
5,878
2026
1,299
2,060
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.17
0.14
- -
0.37
2025
0.07
0.21
- -
-0.02
0.41
2026
0.08
0.22
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.13
- -
- -
0.13
2025
- -
0.17
- -
- -
0.17
2026
- -
0.19
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yong Zhang
Full Time Employees
4,564
Sector
Consumer non-durables
Industry
Beverages: alcoholic
Address
No. 118, Modiesha Street Guangzhou GD China 510308
IPO Date
Aug 3, 2010
Website
zhujiangbeer.com
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Business
Guangzhou Zhujiang Brewery Co., Ltd. is a prominent enterprise primarily involved in the brewing and distribution of various alcoholic beverages, alongside fostering beer culture and supporting packaging operations. Established in Guangzhou, the company crafts an extensive portfolio of beer products, including its flagship Zhujiang Beer, a range of Zhujiang Draft Beers, and its premium Supra collection, which features American IPA and craft white beer variations. Catering to both domestic and international consumers, particularly in China's southern regions, the firm emphasizes a commitment to quality and innovation. The company's revenue streams are largely driven by these core and specialty beer sales, further augmented by a diversified approach that includes real estate ventures. Recently, Zhujiang Brewery demonstrated robust financial growth, with significant increases in net profit and operating income. The company is recognized for its pioneering efforts in introducing draft and white beer to the Chinese market and continues to invest in advanced brewing technologies and intelligent manufacturing processes to uphold its position as a leading force in the beer industry.