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Budweiser Brewing Co. APAC Ltd.
(1876)
Budweiser Brewing Co. APAC Ltd. (1876) vs. iShares MSCI Hong Kong ETF (EWH)
Budweiser Brewing Co. APAC Ltd. Business Overview & Revenue Model
Budweiser Brewing Co. APAC Ltd. Earnings Call Summary
Budweiser Brewing Co. APAC Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 46.73B | 48.51B | 53.54B | 50.73B | 52.76B | 43.34B |
| Gross Profit | 23.50B | 24.44B | 26.96B | 24.31B | 27.25B | 21.46B |
| EBITDA | 12.90B | 13.70B | 15.63B | 13.98B | 16.56B | 12.11B |
| Net Income | 4.65B | 5.64B | 852.00M | 7.15B | 7.38B | 3.99B |
Balance Sheet | ||||||
| Total Assets | 14.78B | 114.78B | 126.76B | 124.85B | 129.61B | 125.53B |
| Cash, Cash Equivalents and Short-Term Investments | 2.46B | 22.27B | 24.72B | 19.71B | 15.98B | 10.04B |
| Total Debt | 307.00M | 1.58B | 331.00M | 2.12B | 1.58B | 2.05B |
| Total Liabilities | 4.41B | 35.25B | 42.04B | 40.30B | 43.21B | 42.23B |
| Stockholders Equity | 10.30B | 79.10B | 84.22B | 84.01B | 85.86B | 82.85B |
Cash Flow | ||||||
| Free Cash Flow | 6.72B | 5.86B | 10.28B | 8.48B | 10.08B | 6.15B |
| Operating Cash Flow | 9.17B | 8.81B | 14.18B | 12.35B | 14.79B | 10.09B |
| Investing Cash Flow | -2.09B | -3.18B | -3.50B | -3.45B | -5.68B | -4.56B |
| Financing Cash Flow | -7.24B | -7.01B | -4.86B | -3.92B | -3.61B | -3.23B |
Budweiser Brewing Co. APAC Ltd. Technical Analysis
Budweiser Brewing Co. APAC Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | HK$81.56B | 13.78 | 14.80% | 4.69% | 1.51% | 5.50% | |
73 Outperform | HK$102.57B | 22.20 | 5.74% | 5.59% | -9.54% | -27.75% | |
69 Neutral | HK$85.58B | 13.68 | 16.77% | 3.42% | -0.31% | 10.85% | |
63 Neutral | HK$525.88B | 36.09 | 46.45% | 1.73% | 4.14% | 7.35% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
56 Neutral | HK$455.76M | -56.48 | -1.15% | 4.07% | 2.77% | -110.76% |
Budweiser Brewing Co. APAC Ltd. Corporate Events
Budweiser Brewing Company APAC Limited has announced a series of board changes effective 1 January 2026, including the resignation of non-executive director and Audit and Risk Committee member Nelson Jamel, who is leaving to pursue other opportunities, and the appointment of Anheuser-Busch InBev Chief Financial Officer Fernando Tennenbaum as a new non-executive director and member of the committee. In a move that further strengthens the influence of controlling shareholder AB InBev on Budweiser APAC’s governance, existing alternate directors John Blood, David Almeida and Katherine Barrett will shift from serving as alternates to Jamel to acting as alternates to Tennenbaum, while Jamel and Blood both confirmed there are no disagreements with the board or issues requiring shareholder attention, suggesting a smooth transition in oversight and continuity in the company’s risk and audit supervision.
The most recent analyst rating on (HK:1876) stock is a Buy with a HK$9.40 price target. To see the full list of analyst forecasts on Budweiser Brewing Co. APAC Ltd. stock, see the HK:1876 Stock Forecast page.
Budweiser Brewing Company APAC Limited announced the composition of its seven-member board of directors effective 1 January 2026, led by co-chairs Executive Director Yanjun Cheng and Non-executive Director Michel Doukeris, supported by a structure of alternate directors. The company also confirmed the membership of its three key board committees—Audit and Risk, Remuneration, and Nomination—indicating a defined governance framework that clarifies oversight responsibilities and supports board continuity and decision-making for stakeholders as it enters the new financial year.
The most recent analyst rating on (HK:1876) stock is a Buy with a HK$9.40 price target. To see the full list of analyst forecasts on Budweiser Brewing Co. APAC Ltd. stock, see the HK:1876 Stock Forecast page.
Budweiser Brewing Company APAC Ltd. announced a CFO transition effective April 1, 2026, with the departure of Ignacio Lares after 18 years of service and the appointment of Bernardo Novick. Novick’s extensive global experience in finance, procurement, sales, and logistics within AB InBev-affiliated companies positions him to bring significant expertise to the role, potentially strengthening the company’s operational and strategic capabilities.
The most recent analyst rating on (HK:1876) stock is a Buy with a HK$9.30 price target. To see the full list of analyst forecasts on Budweiser Brewing Co. APAC Ltd. stock, see the HK:1876 Stock Forecast page.
Budweiser Brewing Company APAC Limited has granted 29,388,393 restricted stock units (RSUs) to eligible employees and directors as part of its New Restricted Stock Units Plan. This move, approved by shareholders, aims to incentivize and retain key personnel, potentially impacting the company’s operational strategy and market positioning by aligning employee interests with shareholder value.
The most recent analyst rating on (HK:1876) stock is a Buy with a HK$9.30 price target. To see the full list of analyst forecasts on Budweiser Brewing Co. APAC Ltd. stock, see the HK:1876 Stock Forecast page.
Budweiser Brewing Company APAC Limited has announced that Mr. Nelson Jamel will step down from his roles as a non-executive director and a member of the Audit and Risk Committee, effective January 1, 2026. This change is part of Mr. Jamel’s departure from the parent company, Anheuser-Busch InBev SA/NV, after a 30-year career, which may impact the company’s governance and strategic direction.
The most recent analyst rating on (HK:1876) stock is a Buy with a HK$9.40 price target. To see the full list of analyst forecasts on Budweiser Brewing Co. APAC Ltd. stock, see the HK:1876 Stock Forecast page.
Budweiser Brewing Company APAC Limited has announced the recommencement of its General Services Framework Agreement with Anheuser-Busch InBev, effective from October 2025 to October 2028. The company has also set new annual caps for the fees payable for Strategic, Procurement, and Administrative Services for the years 2025 to 2027, indicating a structured approach to managing its connected transactions with its controlling shareholder, AB InBev. These transactions are classified as partially exempt continuing connected transactions under Hong Kong’s Listing Rules, highlighting the company’s compliance with regulatory requirements.
The most recent analyst rating on (HK:1876) stock is a Buy with a HK$9.40 price target. To see the full list of analyst forecasts on Budweiser Brewing Co. APAC Ltd. stock, see the HK:1876 Stock Forecast page.
Budweiser Brewing Company APAC Limited reported a decrease in total volumes by 7.0% and revenue by 6.6% for the first nine months of 2025, primarily due to challenges in China. However, the company saw positive performance in South Korea and India, with the Budweiser brand outpacing industry growth in India. Despite a decrease in normalized EPS and EBITDA, the company is focusing on strengthening its portfolio and market strategies to capture future growth opportunities.
The most recent analyst rating on (HK:1876) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Budweiser Brewing Co. APAC Ltd. stock, see the HK:1876 Stock Forecast page.
Budweiser Brewing Company APAC Limited has scheduled a board committee meeting on 29 October 2025 to approve the unaudited financial results for the nine months ending 30 September 2025. The announcement of these results is anticipated to be released on 30 October 2025, which could provide insights into the company’s financial health and market performance, potentially impacting stakeholders’ perspectives.
The most recent analyst rating on (HK:1876) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Budweiser Brewing Co. APAC Ltd. stock, see the HK:1876 Stock Forecast page.