Tsingtao Brewery Co Ltd ADR TSGTY
About Quantitative Ratings
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
- $33.38
- Day Range
- $31.84–32.88
- 52-Week Range
- $31.65–55.31
- Bid/Ask
- $31.20 / $33.45
- Market Cap
- $8.69 Bil
- Volume/Avg
- 4,553 / 2,452
Key Statistics
- Price/Earnings (Normalized)
- 14.79
- Price/Sales
- 1.80
- Dividend Yield
- 3.97%
- Dividend Yield (Forward)
- 3.97%
- Total Yield
- 3.97%
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 Core
- Total Number of Employees
- 31,707
- Website
- https://www.tsingtao.com
Competitors
Valuation
|
Metric
|
TSGTY
|
01876
|
00291
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.79 | 28.25 | 18.85 |
Price/Book Value | 2.26 | 2.23 | 3.40 |
Price/Sales | 1.80 | 3.44 | 2.62 |
Price/Cash Flow | 15.40 | 13.48 | 19.41 |
Price/Earnings
TSGTY
01876
00291
Financial Strength
|
Metric
|
TSGTY
|
01876
|
00291
|
|---|---|---|---|
Quick Ratio | 1.36 | 0.72 | 0.55 |
Current Ratio | 1.82 | 0.85 | 0.89 |
Interest Coverage | 321.58 | — | 51.19 |
Quick Ratio
TSGTY
01876
00291
Profitability
|
Metric
|
TSGTY
|
01876
|
00291
|
|---|---|---|---|
Return on Assets (Normalized) | 7.83% | — | 8.28% |
Return on Equity (Normalized) | 14.81% | — | 18.59% |
Return on Invested Capital (Normalized) | 13.11% | — | 14.98% |
Return on Assets
TSGTY
01876
00291
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