Tsingtao Brewery Company Limited (SHA:600600)

Tsingtao Brewery Company Statistics

Total Valuation

SHA:600600 has a market cap or net worth of CNY 79.21 billion. The enterprise value is 57.90 billion.

Market Cap	79.21B
Enterprise Value	57.90B

Important Dates

The last earnings date was Wednesday, August 27, 2025.

Earnings Date	Aug 27, 2025
Ex-Dividend Date	Jun 27, 2025

Share Statistics

Current Share Class	709.13M
Shares Outstanding	n/a
Shares Change (YoY)	+0.08%
Shares Change (QoQ)	+0.04%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	919.80M

Valuation Ratios

The trailing PE ratio is 17.16 and the forward PE ratio is 16.23.

PE Ratio	17.16
Forward PE	16.23
PS Ratio	2.43
PB Ratio	2.57
P/TBV Ratio	3.04
P/FCF Ratio	36.08
P/OCF Ratio	18.68
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.87, with an EV/FCF ratio of 26.37.

EV / Earnings	12.54
EV / Sales	1.77
EV / EBITDA	9.87
EV / EBIT	12.20
EV / FCF	26.37

Financial Position

The company has a current ratio of 1.43, with a Debt / Equity ratio of 0.00.

Current Ratio	1.43
Quick Ratio	1.27
Debt / Equity	0.00
Debt / EBITDA	0.02
Debt / FCF	0.05
Interest Coverage	305.12

Financial Efficiency

Return on equity (ROE) is 15.82% and return on invested capital (ROIC) is 9.82%.

Return on Equity (ROE)	15.82%
Return on Assets (ROA)	5.62%
Return on Invested Capital (ROIC)	9.82%
Return on Capital Employed (ROCE)	13.62%
Revenue Per Employee	1.09M
Profits Per Employee	154,541
Employee Count	29,870
Asset Turnover	0.62
Inventory Turnover	8.92

Taxes

In the past 12 months, SHA:600600 has paid 1.49 billion in taxes.

Income Tax	1.49B
Effective Tax Rate	23.90%

Stock Price Statistics

The stock price has increased by +25.32% in the last 52 weeks. The beta is 0.44, so SHA:600600's price volatility has been lower than the market average.

Beta (5Y)	0.44
52-Week Price Change	+25.32%
50-Day Moving Average	68.50
200-Day Moving Average	72.41
Relative Strength Index (RSI)	41.17
Average Volume (20 Days)	8,697,318

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, SHA:600600 had revenue of CNY 32.56 billion and earned 4.62 billion in profits. Earnings per share was 3.38.

Revenue	32.56B
Gross Profit	13.45B
Operating Income	4.73B
Pretax Income	6.24B
Net Income	4.62B
EBITDA	5.80B
EBIT	4.73B
Earnings Per Share (EPS)	3.38

Balance Sheet

The company has 22.17 billion in cash and 117.95 million in debt, giving a net cash position of 22.05 billion.

Cash & Cash Equivalents	22.17B
Total Debt	117.95M
Net Cash	22.05B
Net Cash Per Share	n/a
Equity (Book Value)	30.77B
Book Value Per Share	21.96
Working Capital	7.60B

Cash Flow

In the last 12 months, operating cash flow was 4.24 billion and capital expenditures -2.04 billion, giving a free cash flow of 2.20 billion.

Operating Cash Flow	4.24B
Capital Expenditures	-2.04B
Free Cash Flow	2.20B
FCF Per Share	n/a

Margins

Gross margin is 41.30%, with operating and profit margins of 14.53% and 14.15%.

Gross Margin	41.30%
Operating Margin	14.53%
Pretax Margin	19.15%
Profit Margin	14.15%
EBITDA Margin	17.81%
EBIT Margin	14.53%
FCF Margin	6.74%

Dividends & Yields

This stock pays an annual dividend of 2.20, which amounts to a dividend yield of 3.24%.

Dividend Per Share	2.20
Dividend Yield	3.24%
Dividend Growth (YoY)	10.00%
Years of Dividend Growth	7
Payout Ratio	93.11%
Buyback Yield	-0.08%
Shareholder Yield	3.16%
Earnings Yield	5.83%
FCF Yield	2.77%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on December 19, 2006. It was a forward split with a ratio of 1.17879.

Last Split Date	Dec 19, 2006
Split Type	Forward
Split Ratio	1.17879

Scores

SHA:600600 has an Altman Z-Score of 4.02 and a Piotroski F-Score of 5.

Altman Z-Score	4.02
Piotroski F-Score	5