Tsingtao Brewery Co Ltd Class H TSGTF
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Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
Trading Information
- Previous Close Price
- $6.34
- Day Range
- $6.50–6.50
- 52-Week Range
- $5.65–10.71
- Bid/Ask
- $6.45 / $6.64
- Market Cap
- $8.87 Bil
- Volume/Avg
- 1,826 / 4,226
Key Statistics
- Price/Earnings (Normalized)
- 15.91
- Price/Sales
- 1.80
- Dividend Yield (Trailing)
- 2.88%
- Dividend Yield (Forward)
- 0.37%
- Total Yield
- 2.88%
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 in recent years.
- Sector
- Consumer Defensive
- Industry
- Beverages - Brewers
- Stock Style Box
- Large Growth
- Total Number of Employees
- 30,687
- Website
- https://www.tsingtao.com
Competitors
Valuation
|
Metric
|
TSGTF
|
HEIA
|
00291
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.91 | 18.82 | 17.82 |
Price/Book Value | 2.23 | 2.47 | 3.21 |
Price/Sales | 1.80 | 1.63 | 2.48 |
Price/Cash Flow | 14.04 | 10.77 | 18.35 |
Price/Earnings
TSGTF
HEIA
00291
Financial Strength
|
Metric
|
TSGTF
|
HEIA
|
00291
|
|---|---|---|---|
Quick Ratio | 1.27 | 0.48 | 0.55 |
Current Ratio | 1.75 | 0.77 | 0.89 |
Interest Coverage | 319.92 | 4.61 | 51.07 |
Quick Ratio
TSGTF
HEIA
00291
Profitability
|
Metric
|
TSGTF
|
HEIA
|
00291
|
|---|---|---|---|
Return on Assets (Normalized) | 7.39% | 4.80% | 8.74% |
Return on Equity (Normalized) | 13.82% | 13.38% | 19.62% |
Return on Invested Capital (Normalized) | 11.99% | 7.87% | 15.82% |
Return on Assets
TSGTF
HEIA
00291
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