Tsingtao Brewery Co Ltd ADR TSGTY
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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
- $35.52
- Day Range
- $35.34–35.81
- 52-Week Range
- $28.08–55.31
- Bid/Ask
- $34.50 / $35.90
- Market Cap
- $9.64 Bil
- Volume/Avg
- 1,362 / 1,357
Key Statistics
- Price/Earnings (Normalized)
- 17.73
- Price/Sales
- 2.01
- Dividend Yield (Trailing)
- 3.58%
- Dividend Yield (Forward)
- 3.58%
- Total Yield
- 3.58%
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
|
TSGTY
|
HEIA
|
00291
|
---|---|---|---|
Price/Earnings (Normalized) | 17.73 | 19.84 | 20.16 |
Price/Book Value | 2.49 | 2.61 | 3.47 |
Price/Sales | 2.01 | 1.72 | 2.69 |
Price/Cash Flow | 15.65 | 11.36 | 14.08 |
Price/Earnings
TSGTY
HEIA
00291
Financial Strength
Metric
|
TSGTY
|
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
TSGTY
HEIA
00291
Profitability
Metric
|
TSGTY
|
HEIA
|
00291
|
---|---|---|---|
Return on Assets (Normalized) | 8.52% | 4.80% | 8.74% |
Return on Equity (Normalized) | 15.54% | 13.38% | 19.62% |
Return on Invested Capital (Normalized) | 13.83% | 7.87% | 15.82% |
Return on Assets
TSGTY
HEIA
00291
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