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 close to 60% of its revenue and net profit in 2023. 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.

Financial Strength

10/10

Name	Current	Vs Industry
Cash-To-Debt	231.47
Equity-to-Asset	0.59
Debt-to-EBITDA	0.02
Interest Coverage	190.34
Piotroski F-Score	5/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	4.42	Distress Grey Safe
Beneish M-Score	-2.43	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

7/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	6.7
	3-Year EBITDA Growth Rate	15.9
	3-Year EPS without NRI Growth Rate	26.7
	3-Year FCF Growth Rate	-32
	3-Year Book Growth Rate	10
	Future 3-5Y EPS without NRI Growth Rate	11.74

Momentum Rank

4/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	53.9
	9-Day RSI	52.1
	14-Day RSI	53.42
	6-1 Month Momentum %	-16.88
	12-1 Month Momentum %	-8.25

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	1.87
	Quick Ratio	1.74
	Cash Ratio	1.61
	Days Inventory	47.8
	Days Sales Outstanding	1.52
	Days Payable	78.76

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Dividend Yield %	2.89
	Dividend Payout Ratio	0.66
	Forward Dividend Yield %	2.89
	5-Year Yield-on-Cost %	2.89
	Shareholder Yield %	2.98

Profitability Rank

6/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	40.44
	Operating Margin %	15.4
	Net Margin %	13.63
	FCF Margin %	5.66
	ROE %	15.23
	ROA %	8.61
	ROIC %	14.03
	ROC (Joel Greenblatt) %	50.1
	ROCE %	17.63
	Years of Profitability over Past 10-Year	10

GF Value Rank

8/10

	Name	Current	Vs Industry		Vs History
	PE Ratio	22.07
	Forward PE Ratio	19.67
	PE Ratio without NRI	23.24
	Shiller PE Ratio	36.04
	Price-to-Owner-Earnings	34.23
	PEG Ratio	1.55
	PS Ratio	3
	PB Ratio	3.22
	Price-to-Tangible-Book	3.71
	Price-to-Free-Cash-Flow	52.94
	Price-to-Operating-Cash-Flow	24.36
	EV-to-EBIT	9.45
	EV-to-Forward-EBIT	9.33
	EV-to-EBITDA	9.45
	EV-to-Forward-EBITDA	6.88
	EV-to-Revenue	1.75
	EV-to-Forward-Revenue	1.56
	EV-to-FCF	29.88
	Price-to-Projected-FCF	1.8
	Price-to-Median-PS-Value	1.23
	Price-to-Peter-Lynch-Fair-Value	1.17
	Price-to-Graham-Number	1.96
	Price-to-Net-Current-Asset-Value	11.23
	Price-to-Net-Cash	20.92
	Earnings Yield (Greenblatt) %	10.58
	FCF Yield %	2.28
	Forward Rate of Return (Yacktman) %	23.07

Financials (Next Earnings Date:2025-01-30 Est.)

Annual Quarterly TTM

SHSE:600600's 30-Y Financials

AAPL

Income Statement Breakdown FY

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

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No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

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Insider Trades

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Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

Tsingtao Brewery Co Ltd Executives

Details

GF Value: ¥90.98

SHSE:600600

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 1 Severe warning sign with 600600. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil ¥)	31,917.764
	EPS (TTM) (¥)	3.184
	Beta	1.53
	Volatility %	45.22
	14-Day RSI	53.42
	14-Day ATR (¥)	2.324255
	20-Day SMA (¥)	71.4925
	12-1 Month Momentum %	-8.25
	52-Week Range (¥)	53.2 - 88.02
	Shares Outstanding (Mil)	1,364.2

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	5
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

Tsingtao Brewery Co Ltd Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

Tsingtao Brewery Co Ltd Stock Events

Financials Calendars

	Event	Date	Price(¥)
No Event Data

Tsingtao Brewery Co Ltd Frequently Asked Questions

What is Tsingtao Brewery Co Ltd(SHSE:600600)'s stock price today?

The current price of SHSE:600600 is ¥70.28. The 52 week high of SHSE:600600 is ¥88.02 and 52 week low is ¥53.20.

When is next earnings date of Tsingtao Brewery Co Ltd(SHSE:600600)?

The next earnings date of Tsingtao Brewery Co Ltd(SHSE:600600) is 2025-01-30 Est..

Does Tsingtao Brewery Co Ltd(SHSE:600600) pay dividends? If so, how much?

The Dividend Yield % of Tsingtao Brewery Co Ltd(SHSE:600600) is 2.89% (As of Today), Highest Dividend Payout Ratio of Tsingtao Brewery Co Ltd(SHSE:600600) was 0.66. The lowest was 0.3. And the median was 0.43. The Forward Dividend Yield % of Tsingtao Brewery Co Ltd(SHSE:600600) is 2.89%. For more information regarding to dividend, please check our Dividend Page.

Press Release

	Subject	Date
No Press Release

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