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600132.SS

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Chongqing Brewery Co., Ltd. · Consumer Defensive · China · $2.9B · Avg Vol: $28M/d

91
StockRank
Q
85
V
60
M
39
P/E (TTM)
16.8x
ROE
67.4%
D/E
0.0x
Dividend %
5.9%
Director Trades · 180d
None in 180d →
Buybacks · 180d
None in 180d →
AI CONVICTION THESIS

Chongqing Brewery is a high-quality consumer business, but it lacks any structural macro tailwinds from our identified themes and faces domestic economic headwinds in China.

COMPANY DESCRIPTION

Chongqing Brewery is a leading Chinese brewer, operating as a key subsidiary of the global Carlsberg Group. The company boasts a powerful dual-brand portfolio, combining local market leaders like Wusu and Chongqing beer with Carlsberg's premium international brands. It maintains a dominant market share in Western China and is a prime beneficiary of the premiumization trend in China's beer industry.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGR
Revenue2.1B2.2B2.2B2.2B1.6%
EPS0.380.410.340.37-0.9%
Shares484.0M484.0M484.0M484.0M0.0%
Debt15.0M24.1M25.4M17.0M4.3%
Equity302.8M315.2M174.6M202.8M-12.5%
Op CF552.7M456.1M374.4M386.5M-11.2%
Inv CF-57.2M-154.8M-93.3M-116.0M—
Fin CF-314.2M-404.0M-519.6M-319.9M—
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PRICE (1Y)-20.6%
6.136.577.017.447.88May 15Jun 5Jun 26
SMA 50SMA 200
Close
$6.13
RSI (14)
23.0
52W High
$8.59
From 52W High
0.7%

SCORE BREAKDOWN

Quality
85
ROIC
94.3%99.8
ROE
67.4%98.0
GP/Assets
69.8%92.0
Op. Margin
26.4%92.4
FCF/Assets
22.3%96.2
Piotroski
995.6
Int. Cover
50.0x86.4
D/E Ratio
0.03x87.4
Current Ratio
0.65x6.5
Value
60
P/E (TTM)
16.8x51.0
EV/EBITDA
5.3x82.8
P/FCF
8.4x77.3
P/B
10.9x4.1
P/S
1.4x40.5
Div Yield
5.9%87.6
Momentum
39
52W High %
71%37.9
RS 6M
-26%45.0
SMA 50/200
0.97x44.5
EPS Rev 4W
+1.2%94.2
EPS Rev 12W
—N/A
EPS Improve
+12%28.4
Q Growth
-7%32.6

FUNDAMENTALS

Market Cap
$2.9B
P/E (Forward)
15.0x
Gross Margin
50.7%

SECTOR PEERS

Closest peers in Consumer Defensive, ranked by industry match, size, and score similarity. Cross-listings of 600132.SS are excluded.

TickerCompanyMkt CapStockRankSignal
600132.SSChongqing Brewery Co., Ltd.(you)$2.9B91STRONG BUY
0168.HKTsingtao Brewery Company Limited$7.9B90STRONG BUY
000729.SZBeijing Yanjing Brewery Co.,Ltd.$4.1B62HOLD
002461.SZGuangzhou Zhujiang Brewery Co., Ltd$2.5B38HOLD
600779.SSSichuan Swellfun Co.,Ltd$2.0B13STRONG SELL
001338.SZGDH Supertime Group Company Limited$628M33SELL
0220.HKUni-President China Holdings Ltd$3.7B89STRONG BUY
2648.HKAnjoy Foods Group Co., Ltd.$2.8B97STRONG BUY
1044.HKHengan International Group Company Limited$3.2B85STRONG BUY
603317.SSSichuan Teway Food Group Co.,Ltd$2.1B92STRONG BUY

Peer medians: ROE 8.5% · P/E 19.8x · Gross margin 33.4%

Chongqing Brewery Co., Ltd. (600132.SS) — Stock Score Summary

Chongqing Brewery Co., Ltd. (600132.SS) has a MoatMap StockRank of 91/100 based on Quality (85/100), Value (60/100), and Momentum (39/100) factor scores. The current signal is STRONG BUY. Chongqing Brewery is a high-quality consumer business, but it lacks any structural macro tailwinds from our identified themes and faces domestic economic headwinds in China.

Chongqing Brewery is a leading Chinese brewer, operating as a key subsidiary of the global Carlsberg Group. The company boasts a powerful dual-brand portfolio, combining local market leaders like Wusu and Chongqing beer with Carlsberg's premium international brands. It maintains a dominant market share in Western China and is a prime beneficiary of the premiumization trend in China's beer industry.

Key Financial Metrics

Price$6.13
Market Cap$2.9B
P/E (TTM)16.81
P/E (Forward)14.98
Price/Book10.94
Return on Equity67.4%
Return on Invested Capital94.3%
Debt/Equity3.25
Gross Margin50.7%
Operating Margin26.4%
Revenue Growth-0.1%
Dividend Yield5.9%
Free Cash Flow$351M

Chongqing Brewery Co., Ltd. operates in the Beverages - Brewers industry, part of the Consumer Defensive sector (China).

Frequently Asked Questions

What is Chongqing Brewery Co., Ltd.’s (600132.SS) StockRank?
MoatMap’s StockRank for Chongqing Brewery Co., Ltd. (600132.SS) is 91/100, with a Strong Buy signal. It is a composite of Quality (85), Value (60), and Momentum (39) factor ranks across MoatMap’s 20,000+ stock universe.
Does Chongqing Brewery Co., Ltd. have an economic moat?
Chongqing Brewery Co., Ltd. (600132.SS) has a Quality factor score of 85/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Chongqing Brewery Co., Ltd. a buy, hold, or sell?
MoatMap’s current signal for Chongqing Brewery Co., Ltd. (600132.SS) is Strong Buy, based on a StockRank of 91/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Chongqing Brewery Co., Ltd. in?
Chongqing Brewery Co., Ltd. (600132.SS) operates in the Consumer Defensive sector, specifically the Beverages - Brewers industry (China).
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