Tsingtao Brewery Co Ltd Class A 600600
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News
Trading Information
- Previous Close Price
- CNY 78.62
- Day Range
- CNY 78.30–80.20
- 52-Week Range
- CNY 67.60–118.00
- Bid/Ask
- CNY 78.99 / CNY 79.00
- Market Cap
- CNY 107.77 Bil
- Volume/Avg
- 6.7 Mil / 5.6 Mil
Key Statistics
- Price/Earnings (Normalized)
- 27.95
- Price/Sales
- 3.16
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
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
|
600600
|
HEIA
|
00291
|
|---|---|---|---|
Price/Earnings (Normalized) | 27.95 | 19.84 | 19.96 |
Price/Book Value | 3.92 | 2.61 | 3.44 |
Price/Sales | 3.16 | 1.72 | 2.67 |
Price/Cash Flow | 24.67 | 11.36 | 13.94 |
Price/Earnings
600600
HEIA
00291
Financial Strength
|
Metric
|
600600
|
HEIA
|
00291
|
|---|---|---|---|
Quick Ratio | 1.27 | 0.48 | 0.30 |
Current Ratio | 1.75 | 0.77 | 0.70 |
Interest Coverage | 319.92 | 4.61 | 37.91 |
Quick Ratio
600600
HEIA
00291
Profitability
|
Metric
|
600600
|
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
600600
HEIA
00291
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