Tsingtao Brewery Company Limited (168)

Basic

  • Market Cap

    HK$94.87B

  • EV

    HK$72.03B

  • Shares Out

    1,364.2M

  • Revenue

    CN¥34.04B

  • Employees

    31,707

Margins

  • Gross

    38.18%

  • EBITDA

    15.29%

  • Operating

    12.49%

  • Pre-Tax

    17.22%

  • Net

    12.78%

  • FCF

    7.05%

Returns (5Yr Avg)

  • ROA

    3.59%

  • ROTA

    12.91%

  • ROE

    11.37%

  • ROCE

    9.17%

  • ROIC

    6.35%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    HK$78.8

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    CN¥22.23B

  • Net Debt

    -CN¥22.1B

  • Debt/Equity

    0

  • EBIT/Interest

    250.67

Growth (CAGR)

  • Rev 3Yr

    7.36%

  • Rev 5Yr

    5.11%

  • Rev 10Yr

    1.91%

  • Dil EPS 3Yr

    24.37%

  • Dil EPS 5Yr

    23.65%

  • Dil EPS 10Yr

    6.77%

  • Rev Fwd 2Yr

    6.33%

  • EBITDA Fwd 2Yr

    8.79%

  • EPS Fwd 2Yr

    23.56%

  • EPS LT Growth Est

    17.68%

Dividends

  • Yield

  • Payout

    40.59%

  • DPS

    CN¥1.3

  • DPS Growth 3Yr

    33.21%

  • DPS Growth 5Yr

    25.35%

  • DPS Growth 10Yr

    12.51%

  • DPS Growth Fwd 2Yr

    9.92%

Select a metric from the list below to chart it

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Dec '19

Dec '20

Dec '21

Dec '22

LTM

Revenues

26,234.1

27,618.5

27,338

29,672.7

31,697.3

33,565.5

Other Revenues, Total

341.1

365.3

421.7

494.1

474.2

474.2

Total Revenues

26,575.3

27,983.8

27,759.7

30,166.8

32,171.6

34,039.8

Total Revenues % Chg.

1.1%

5.3%

-0.8%

8.7%

6.6%

4.7%

Cost of Goods Sold, Total

16,592.6

17,119.7

18,018.1

19,182.7

20,402.1

21,044

Gross Profit

9,982.6

10,864.1

9,741.6

10,984.1

11,769.5

12,995.7

Selling General & Admin Expenses, Total

6,243.4

6,963.9

5,203.7

5,728.2

5,618.7

5,812.5

Provision for Bad Debts

-2

-5.1

-1.5

9.9

-11.3

1.4

R&D Expenses

19.8

21.1

21.5

30.9

63

68.1

Other Operating Expenses

2,326.5

2,313.4

2,219

2,318.8

2,390.7

2,863.6

Other Operating Expenses, Total

8,587.6

9,293.3

7,442.7

8,087.8

8,061.1

8,745.6

Operating Income

1,395

1,570.8

2,298.9

2,896.3

3,708.4

4,250.2

Interest Expense, Total

-13.7

-16

-19.1

-29.1

-16.7

-17

Interest And Investment Income

557.2

539.3

549.3

501.7

629.6

652.5

Net Interest Expenses

543.5

523.3

530.1

472.6

612.9

635.5

Currency Exchange Gains (Loss)

-0.1

7.7

-11.9

-8.7

12.2

12.2

Other Non Operating Income (Expenses)

-4.5

-1.4

-3.5

-7.1

-4.6

-20.9

EBT, Excl. Unusual Items

1,933.8

2,100.4

2,813.7

3,353.1

4,328.9

4,877

Restructuring Charges

Impairment of Goodwill

Gain (Loss) On Sale Of Investments

54.2

56.8

55.1

253.4

164.4

168.1

Gain (Loss) On Sale Of Assets

10.3

59.2

-5.2

481.5

-9.5

22.9

Asset Writedown

-144

-121.3

-130.6

-189.1

-26.1

-25.2

Other Unusual Items

525.4

631.9

506.5

580

548.5

820.5

EBT, Incl. Unusual Items

2,379.8

2,726.9

3,239.5

4,479

5,006.1

5,863.2

Income Tax Expense

818.8

797.8

912.6

1,222.7

1,201.4

1,425.7

Earnings From Continuing Operations

1,561

1,929.1

2,327

3,256.2

3,804.7

4,437.6

Minority Interest

-138.8

-77

-125.6

-100.8

-94.1

-86.2

Net Income

1,422.2

1,852.1

2,201.3

3,155.5

3,710.6

4,351.3

Preferred Dividend and Other Adjustments

10

9.8

9.8

Net Income to Common Incl Extra Items

1,422.2

1,852.1

2,201.3

3,145.4

3,700.8

4,341.6

Net Income to Common Excl. Extra Items

1,422.2

1,852.1

2,201.3

3,145.4

3,700.8

4,341.6

Total Shares Outstanding

1,351

1,351

1,364.2

1,364.4

1,364.2

1,364.2

Weighted Avg. Shares Outstanding

1,351

1,351

1,351

1,351

1,352.8

1,355.6

Weighted Avg. Shares Outstanding Dil

1,351

1,351

1,352.7

1,357.9

1,360.4

1,362.2

EPS

1.1

1.4

1.6

2.3

2.7

3.2

EPS Diluted

1.1

1.4

1.6

2.3

2.7

3.2

EBITDA

2,496.8

2,630.5

3,364.1

3,912.4

4,688.8

5,203.7