1. People's Republic of China Stocks

  2. •

    Consumer Defensive

  3. •

    Beverages - Alcoholic
Tsingtao Brewery Company Limited

Tsingtao Brewery Company Limited

TSGTF
Tsingtao Brewery Company LimitedUS flagOther OTC
6.08
USD
- -
- -
10.01BMarket Cap
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
20.95
21.5
20.45
19.31
19.45
19.68
20.71
20.54
22.26
23.72
24.96
23.6
23.8
17.18
Basic EPS, GAAP
1.46
1.47
1.27
0.77
0.93
1.05
1.37
1.63
2.33
2.74
3.14
3.19
3.36
2.42
Free Cash Flow per Basic Share
1.01
-0.19
0.93
1.56
1.05
2.39
2.12
2.71
3.25
2.28
0.85
2.21
1.71
-1.29
Dividend per Share
0.42
0.46
0.46
0.4
0.35
0.44
0.49
0.55
0.77
1.11
1.82
2.01
2.19
1.14
Book Value per Share
6.5
7.41
8.07
8.42
9
9.6
10.47
11.53
13.05
14.67
15.96
17.12
18.25
19.57
Tangible Book Value per Share
7.6
8.29
8.99
9.32
10.14
10.95
11.88
12.99
14.76
16.52
17.99
19
20.24
21.56
Basic Weighted Avg Shares
1,351
1,351
1,351
1,352
1,351
1,351
1,351
1,351
1,355
1,356
1,360
1,362
1,364
1,365
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
23,438
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
16.69
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
3,308
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
25.2
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
14.11
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
11,141
LT Debt
5
3
2
1
1
41
38
116
113
98
63
68
78
74
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
33,286
Return on Invested Capital (%)
9
9.13
4.73
3.75
6.42
6.73
7.74
9.49
10.75
12.51
13.04
12.98
13.36
8.8
Return on Capital (%)
19.92
18.78
16.73
8.35
9.09
9.53
12.21
12.9
17.05
18.18
19.24
18
17.83
12.1
Return on Common Equity (%)
24.17
21.18
16.38
9.37
10.74
11.32
13.66
14.81
18.97
19.75
20.52
19.31
19.03
12.79

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
37
30
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
78
74
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
1,364
1,364
Market Capitalization
64,102
59,819
55,077

Working Capital

FRC

•

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

Growth Rates

FRC

•

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

FRC

•

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
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.17
- -
- -
- -
3.19
2025
1.25
- -
- -
- -
3.36
2026
1.32
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.01
2025
- -
- -
- -
- -
2.19
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Zong Xiang Jiang
Full Time Employees
29,870
Sector
Consumer Defensive
Industry
Beverages - Alcoholic
Address
Tsingtao Beer Tower Qingdao People's Republic of China 266071
IPO Date
May 24, 1999
CIK
0000939383
Website
tsingtao.com.cn
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Business
Tsingtao Brewery Company Limited, alongside its numerous affiliates, is primarily engaged in the global production, distribution, wholesale, and retail of a diverse portfolio of beer products and expanding beverage offerings. The company manages its operations through distinct geographical segments, including prominent regions across China such as Shandong, South China, North China, East China, and Southeast China, extending its reach to Hong Kong, Macau, and various international markets, all supported by an internal finance division. Its comprehensive brand lineup features highly recognized names like the flagship Tsingtao Beer and Laoshan, complemented by an array of specialty brews including premium lagers, stouts, wheat beers, and non-alcoholic selections. Beyond its core brewing activities, the enterprise is strategically venturing into other alcoholic categories, notably through the acquisition of traditional Chinese yellow wine products, and continues to provide internal wealth management and agency payment services. Founded in 1903, the company is headquartered in Qingdao, People's Republic of China, upholding a legacy of quality and innovation.

Company News

APIChat

  • seekingalpha.com

    Tsingtao Brewery: Becoming Positive On Product And Channel Expansion (Rating Upgrade)

  • seekingalpha.com

    Tsingtao Brewery: Focus On Challenging Short-Term Outlook And Long-Term Premiumization Trend

  • foxbusiness.com

    Video of man urinating into vat of Tsingtao beer ingredients prompts investigation

  • zacks.com

    Here's Why Momentum in Tsingtao Brewery Co. (TSGTY) Should Keep going

  • zacks.com

    Tsingtao Brewery Co. (TSGTY) Is a Great Choice for "Trend" Investors, Here's Why