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
- $6.26
- Day Range
- $6.00–6.00
- 52-Week Range
- $5.53–9.02
- Bid/Ask
- $5.65 / $6.50
- Market Cap
- $8.19 Bil
- Volume/Avg
- 502 / 5,466
Key Statistics
- Price/Earnings (Normalized)
- 14.60
- Price/Sales
- 1.75
- Dividend Yield (Trailing)
- 4.68%
- Dividend Yield (Forward)
- 4.68%
- Total Yield
- 4.68%
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
|
00291
|
01876
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.60 | 13.93 | 17.38 |
Price/Book Value | 2.00 | 2.40 | 1.50 |
Price/Sales | 1.75 | 1.86 | 2.38 |
Price/Cash Flow | 15.32 | 9.72 | 9.73 |
Price/Earnings
TSGTF
00291
01876
Financial Strength
|
Metric
|
TSGTF
|
00291
|
01876
|
|---|---|---|---|
Quick Ratio | 1.52 | 0.30 | 0.80 |
Current Ratio | 1.83 | 0.70 | 0.92 |
Interest Coverage | 281.31 | 37.91 | 40.59 |
Quick Ratio
TSGTF
00291
01876
Profitability
|
Metric
|
TSGTF
|
00291
|
01876
|
|---|---|---|---|
Return on Assets (Normalized) | 7.71% | 8.74% | 5.75% |
Return on Equity (Normalized) | 14.05% | 19.62% | 8.62% |
Return on Invested Capital (Normalized) | 12.40% | 15.82% | 8.17% |
Return on Assets
TSGTF
00291
01876
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