Tsingtao Brewery Company Limited (SHA:600600)
China · Delayed Price · Currency is CNY 50.76
-0.04 (-0.08%)
Sep 15, 2026, 3:00 PM CST
Tsingtao Brewery Company Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 30,953 | 31,830 | 31,579 | 33,406 | 31,697 | 29,673 |
Other Revenue | 684.63 | 643.83 | 558.97 | 530.73 | 474.22 | 494.11 |
| 31,637 | 32,473 | 32,138 | 33,937 | 32,172 | 30,167 | |
Revenue Growth | -2.84% | 1.04% | -5.30% | 5.49% | 6.65% | 8.67% |
Cost of Revenue | 18,307 | 19,001 | 19,293 | 20,892 | 20,402 | 19,183 |
Gross Profit | 13,331 | 13,472 | 12,845 | 13,045 | 11,769 | 10,984 |
Selling, General & Admin | 5,588 | 5,858 | 5,968 | 6,204 | 5,619 | 5,728 |
Research & Development | 119.2 | 108.11 | 82.54 | 79.89 | 62.95 | 30.89 |
Other Operating Expenses | 2,455 | 2,327 | 2,296 | 2,387 | 2,391 | 2,319 |
Operating Expenses | 8,162 | 8,294 | 8,347 | 8,670 | 8,072 | 8,077 |
Operating Income | 5,168 | 5,179 | 4,498 | 4,375 | 3,697 | 2,907 |
Interest Expense | -15.5 | -11.65 | -21.84 | -16.43 | -9.24 | -29.09 |
Interest & Investment Income | 429.96 | 496.49 | 734.56 | 678.42 | 629.57 | 501.71 |
Currency Exchange Gain (Loss) | 6.41 | 6.91 | -2.55 | -2.86 | 12.2 | -8.72 |
Other Non Operating Income (Expenses) | -3.09 | -3.59 | -2.22 | -17.79 | -0.93 | -17.64 |
EBT Excluding Unusual Items | 5,586 | 5,667 | 5,206 | 5,016 | 4,329 | 3,353 |
Gain (Loss) on Sale of Investments | 233.92 | 106.45 | 199.52 | 230.26 | 164.35 | 253.44 |
Gain (Loss) on Sale of Assets | 50.95 | 110.63 | 4.27 | 178.58 | -9.52 | 481.51 |
Asset Writedown | -36.57 | -17.82 | -35.75 | -79.53 | -26.12 | -189.06 |
Other Unusual Items | 568.95 | 424.97 | 507.65 | 400.7 | 548.5 | 579.96 |
Pretax Income | 6,403 | 6,291 | 5,881 | 5,746 | 5,006 | 4,479 |
Income Tax Expense | 1,673 | 1,574 | 1,390 | 1,398 | 1,201 | 1,223 |
Earnings From Continuing Operations | 4,730 | 4,717 | 4,492 | 4,348 | 3,805 | 3,256 |
Minority Interest in Earnings | -126.55 | -129.32 | -146.79 | -80.35 | -94.09 | -100.79 |
Net Income | 4,604 | 4,588 | 4,345 | 4,268 | 3,711 | 3,155 |
Preferred Dividends & Other Adjustments | - | - | 0.19 | 7.97 | 9.78 | 10.03 |
Net Income to Common | 4,604 | 4,588 | 4,345 | 4,260 | 3,701 | 3,145 |
Net Income Growth | -0.27% | 5.60% | 1.99% | 15.10% | 17.66% | 42.89% |
Shares Outstanding (Basic) | 1,364 | 1,364 | 1,362 | 1,357 | 1,353 | 1,351 |
Shares Outstanding (Diluted) | 1,364 | 1,364 | 1,363 | 1,362 | 1,360 | 1,358 |
Shares Change | 0.01% | 0.05% | 0.07% | 0.15% | 0.18% | 0.38% |
EPS (Basic) | 3.37 | 3.36 | 3.19 | 3.14 | 2.74 | 2.33 |
EPS (Diluted) | 3.37 | 3.36 | 3.19 | 3.13 | 2.73 | 2.32 |
EPS Growth | -0.10% | 5.54% | 1.73% | 14.84% | 17.38% | 42.82% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,884 | 2,339 | 3,014 | 1,160 | 3,099 | 4,408 |
Free Cash Flow Per Share | 2.11 | 1.72 | 2.21 | 0.85 | 2.28 | 3.25 |
Dividend Per Share | 2.350 | 2.350 | 2.200 | 2.000 | 1.300 | 1.100 |
Dividend Growth | 6.82% | 6.82% | 10.00% | 53.85% | 18.18% | 46.67% |
Gross Margin | 42.14% | 41.49% | 39.97% | 38.44% | 36.58% | 36.41% |
Operating Margin | 16.34% | 15.95% | 14.00% | 12.89% | 11.49% | 9.64% |
Profit Margin | 14.55% | 14.13% | 13.52% | 12.55% | 11.50% | 10.43% |
Free Cash Flow Margin | 9.12% | 7.20% | 9.38% | 3.42% | 9.63% | 14.61% |
EBITDA | 6,295 | 6,279 | 5,543 | 5,393 | 4,678 | 3,923 |
EBITDA Margin | 19.90% | 19.34% | 17.25% | 15.89% | 14.54% | 13.00% |
D&A For EBITDA | 1,127 | 1,101 | 1,045 | 1,018 | 980.37 | 1,016 |
EBIT | 5,168 | 5,179 | 4,498 | 4,375 | 3,697 | 2,907 |
EBIT Margin | 16.34% | 15.95% | 14.00% | 12.89% | 11.49% | 9.64% |
Effective Tax Rate | 26.13% | 25.01% | 23.63% | 24.33% | 24.00% | 27.30% |
Revenue as Reported | - | - | - | - | 32,172 | 30,167 |
Advertising Expenses | - | 1,408 | 1,477 | 1,639 | 1,278 | 1,170 |