Tsingtao Brewery Co Ltd Class H TSGTF
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News
Trading Information
- Previous Close Price
- $6.99
- Day Range
- $7.26–7.26
- 52-Week Range
- $5.65–10.32
- Bid/Ask
- $7.15 / $7.56
- Market Cap
- $9.90 Bil
- Volume/Avg
- 400 / 3,873
Key Statistics
- Price/Earnings (Normalized)
- 18.21
- Price/Sales
- 2.12
- Dividend Yield (Trailing)
- 2.52%
- Dividend Yield (Forward)
- 0.32%
- Total Yield
- 2.52%
Company Profile
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed over 60% of its revenue and net profit in 2022. Unlike other major brewers, Tsingtao Brewery’s brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio.
- Sector
- Consumer Defensive
- Industry
- Beverages - Brewers
- Stock Style Box
- Large Core
- Total Number of Employees
- 30,687
- Website
- https://www.tsingtao.com
Competitors
Valuation
Metric
|
TSGTF
|
HEIA
|
00291
|
---|---|---|---|
Price/Earnings (Normalized) | 18.21 | 19.52 | 20.30 |
Price/Book Value | 2.42 | 2.56 | 3.50 |
Price/Sales | 2.12 | 1.70 | 2.71 |
Price/Cash Flow | 18.54 | 11.17 | 14.17 |
Price/Earnings
TSGTF
HEIA
00291
Financial Strength
Metric
|
TSGTF
|
HEIA
|
00291
|
---|---|---|---|
Quick Ratio | 1.52 | 0.48 | 0.30 |
Current Ratio | 1.83 | 0.77 | 0.70 |
Interest Coverage | 281.31 | 4.61 | 37.91 |
Quick Ratio
TSGTF
HEIA
00291
Profitability
Metric
|
TSGTF
|
HEIA
|
00291
|
---|---|---|---|
Return on Assets (Normalized) | 7.71% | 4.80% | 8.74% |
Return on Equity (Normalized) | 14.05% | 13.38% | 19.62% |
Return on Invested Capital (Normalized) | 12.40% | 7.87% | 15.82% |
Return on Assets
TSGTF
HEIA
00291
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