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Tsingtao Brewery Co
(OTC:0168)
Tsingtao Brewery Co (0168) vs. iShares MSCI Hong Kong ETF (EWH)
Tsingtao Brewery Co Business Overview & Revenue Model
Tsingtao Brewery Co Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 32.14B | 33.94B | 32.17B | 30.17B | 27.76B |
| Gross Profit | 12.93B | 13.12B | 11.85B | 11.08B | 11.22B |
| EBITDA | 7.09B | 6.90B | 6.10B | 5.61B | 4.40B |
| Net Income | 4.34B | 4.27B | 3.71B | 3.16B | 2.20B |
Balance Sheet | |||||
| Total Assets | 51.42B | 49.26B | 50.31B | 46.56B | 41.51B |
| Cash, Cash Equivalents and Short-Term Investments | 20.00B | 24.79B | 20.54B | 17.38B | 20.36B |
| Total Debt | 68.24M | 63.39M | 373.08M | 406.99M | 861.20M |
| Total Liabilities | 21.56B | 21.00B | 24.04B | 22.77B | 20.15B |
| Stockholders Equity | 29.06B | 27.45B | 25.49B | 23.00B | 20.62B |
Cash Flow | |||||
| Free Cash Flow | 3.01B | 1.16B | 3.10B | 4.41B | 3.66B |
| Operating Cash Flow | 5.15B | 2.78B | 4.88B | 6.04B | 4.95B |
| Investing Cash Flow | -7.42B | -3.46B | -2.20B | -10.25B | -1.49B |
| Financing Cash Flow | -2.98B | -2.87B | -1.68B | -1.61B | -356.09M |
Tsingtao Brewery Co Technical Analysis
Tsingtao Brewery Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | HK$84.87B | 14.54 | 14.90% | 4.68% | -4.38% | -1.21% | |
70 Outperform | HK$108.64B | 19.60 | 6.94% | 5.33% | -9.19% | -14.90% | |
69 Neutral | $87.59B | 16.92 | 15.25% | 3.11% | -3.20% | -11.50% | |
65 Neutral | $26.91B | 15.41 | -4.18% | 3.21% | 1.01% | 1.34% | |
60 Neutral | HK$384.78M | 4.08 | -2.97% | 4.85% | -4.11% | -123.40% |
Tsingtao Brewery Co Corporate Events
Tsingtao Brewery Company Limited has amended the working regulations of its Nomination & Remuneration Committee to enhance decision-making efficiency and effectiveness. The updated regulations outline the committee’s responsibilities, including reviewing appraisal standards, remuneration policies, and selection criteria for board members and senior management, thus reinforcing the company’s governance structure.
The most recent analyst rating on (HK:0168) stock is a Buy with a HK$62.50 price target. To see the full list of analyst forecasts on Tsingtao Brewery Co stock, see the HK:0168 Stock Forecast page.
Tsingtao Brewery Company Limited announced the fulfillment of the unlocking conditions for the third unlocking period under its Restricted A Share Incentive Plan. This development marks the completion of the third locking period for the reserved grant of restricted shares, which expired on May 25, 2025, allowing the company to proceed with unlocking a portion of these shares. This move is part of Tsingtao’s strategic efforts to incentivize and retain key personnel, potentially impacting its operational efficiency and stakeholder interests positively.
The most recent analyst rating on (HK:0168) stock is a Buy with a HK$63.27 price target. To see the full list of analyst forecasts on Tsingtao Brewery Co stock, see the HK:0168 Stock Forecast page.
Tsingtao Brewery Company Limited has announced the election of Ms. Sun Jing as an employee director for the eleventh session of its board of directors. Ms. Sun, who has a strong background in corporate brand management and ESG system construction, will join the board alongside eight other directors elected at the 2024 annual general meeting. Her election reflects the company’s commitment to democratic processes within its workforce, as the employee director is chosen by the employees rather than shareholders. This move is expected to enhance the company’s governance and align its strategic goals with employee interests.
The most recent analyst rating on (HK:0168) stock is a Buy with a HK$63.27 price target. To see the full list of analyst forecasts on Tsingtao Brewery Co stock, see the HK:0168 Stock Forecast page.
Tsingtao Brewery Co. has announced the composition of its board of directors, highlighting the roles and duties of each member. The board consists of executive directors, an employee director, and independent non-executive directors, who are involved in various committees such as Audit & Internal Control, Nomination & Remuneration, and Strategy & Investment. This announcement is crucial as it outlines the leadership structure that will guide the company’s strategic decisions and governance, potentially impacting its operational efficiency and stakeholder confidence.
The most recent analyst rating on (HK:0168) stock is a Buy with a HK$63.27 price target. To see the full list of analyst forecasts on Tsingtao Brewery Co stock, see the HK:0168 Stock Forecast page.
Tsingtao Brewery Co has announced the composition of its board of directors, highlighting the roles and duties of its executive and independent non-executive directors. The announcement details the structure of the board’s committees, including the Audit & Internal Control, Nomination & Remuneration, and Strategy & Investment Committees, and specifies the leadership and membership roles within these committees. This organizational update is significant for stakeholders as it outlines the governance framework and strategic leadership that will guide the company’s future operations and decision-making processes.
The most recent analyst rating on (HK:0168) stock is a Buy with a HK$63.27 price target. To see the full list of analyst forecasts on Tsingtao Brewery Co stock, see the HK:0168 Stock Forecast page.
Tsingtao Brewery Co. held its 2024 Annual General Meeting where key resolutions were passed, including the approval of the company’s work and financial reports, profit distribution, and the re-appointment of auditors. Additionally, the meeting resulted in the abolishment of the Supervisory Committee, amendments to the articles of association, and changes in the board of directors and committees, indicating a strategic shift in governance and operational structure.
The most recent analyst rating on (HK:0168) stock is a Buy with a HK$63.27 price target. To see the full list of analyst forecasts on Tsingtao Brewery Co stock, see the HK:0168 Stock Forecast page.
Tsingtao Brewery Company Limited announced the resignation of Mr. Zhang Rui Xiang as company secretary and authorized representative due to retirement, effective May 20, 2025. The company has appointed Mr. Liu Fu Hua as the new authorized representative and Mr. Hou Qiu Yan and Mr. Lo Tai On as joint company secretaries. Despite Mr. Hou lacking the formal qualifications under the listing rules, his extensive experience with the company and Mr. Lo’s professional qualifications ensure compliance and effective governance.
The most recent analyst rating on (HK:0168) stock is a Buy with a HK$63.27 price target. To see the full list of analyst forecasts on Tsingtao Brewery Co stock, see the HK:0168 Stock Forecast page.
Tsingtao Brewery Co announced a final cash dividend of RMB 2.2 per share for the financial year ending December 31, 2024, payable in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.083. This announcement reflects the company’s strong financial performance and commitment to delivering shareholder value, with implications for non-resident enterprise shareholders who will face a 10% withholding tax on dividends.
The most recent analyst rating on (HK:0168) stock is a Buy with a HK$63.27 price target. To see the full list of analyst forecasts on Tsingtao Brewery Co stock, see the HK:0168 Stock Forecast page.
Tsingtao Brewery Company Limited has announced its acquisition of the entire equity interest in Shandong Jimo Yellow Wine Factory Company Limited. This strategic move, valued at RMB 665 million, will make Jimo Yellow Wine a wholly-owned subsidiary of Tsingtao, enhancing its market positioning and expanding its product offerings. The acquisition aligns with market price levels and business principles, ensuring no harm to the interests of the company and its minority shareholders. The completion of the acquisition is contingent upon certain conditions being met, and during the transitional period, Jimo Yellow Wine will continue its normal operations.
Tsingtao Brewery Company Limited’s unaudited first quarterly report for 2025 reveals a 2.91% increase in revenue and a 7.08% rise in net profit attributable to shareholders compared to the same period last year. Despite a decrease in net cash flow from operating activities by 37.28%, the company shows a slight improvement in its weighted average return on net assets, indicating stable financial performance amidst market challenges.