Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
600600.SS
BUYREMOVEGet insider-trade alertsTsingtao Brewery Company Limited · Consumer Defensive · China · $10.4B · Avg Vol: $54M/d
Tsingtao Brewery is a stable consumer defensive business in China, but it lacks any structural tailwinds from our identified high-conviction macro themes and faces domestic consumer spending headwinds.
COMPANY DESCRIPTION
Tsingtao Brewery Company Limited is a leading Chinese brewer that produces, distributes, and exports premium beer products globally. As one of China's oldest and most recognized consumer brands, it commands a dominant market share in the domestic premium beer segment. The company leverages a vast nationwide distribution network and strong brand equity to drive its premiumization strategy.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 4.7B | 5.0B | 4.7B | 4.8B | 0.3% |
| EPS | 0.40 | 0.46 | 0.47 | 0.50 | 7.1% |
| Shares | 1.4B | 1.4B | 1.4B | 1.4B | -0.0% |
| Debt | 54.9M | 16.7M | 16.2M | 16.9M | -32.6% |
| Equity | 3.8B | 4.0B | 4.3B | 4.5B | 6.3% |
| Op CF | 718.6M | 409.1M | 759.2M | 676.4M | -2.0% |
| Inv CF | -323.9M | -510.0M | -1.1B | -478.2M | — |
| Fin CF | -246.8M | -422.4M | -439.4M | -457.2M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Defensive, ranked by industry match, size, and score similarity. Cross-listings of 600600.SS are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 600600.SS | Tsingtao Brewery Company Limited(you) | $10.4B | 68 | BUY |
| 000729.SZ | Beijing Yanjing Brewery Co.,Ltd. | $4.1B | 62 | HOLD |
| 600132.SS | Chongqing Brewery Co., Ltd. | $2.9B | 91 | STRONG BUY |
| 002461.SZ | Guangzhou Zhujiang Brewery Co., Ltd | $2.5B | 38 | HOLD |
| 600779.SS | Sichuan Swellfun Co.,Ltd | $2.0B | 13 | STRONG SELL |
| 001338.SZ | GDH Supertime Group Company Limited | $628M | 33 | SELL |
| 9980.HK | Eastroc Beverage (Group) Co., Ltd. | $9.8B | 67 | BUY |
| 2097.HK | MIXUE Group | $11.7B | 66 | BUY |
| 603156.SS | Hebei Yangyuan ZhiHui Beverage Co., Ltd. | $8.7B | 66 | BUY |
| 1768.HK | Busy Ming Group Co., Ltd. | $8.1B | 67 | BUY |
Peer medians: ROE 8.4% · P/E 20.0x · Gross margin 33.3%