Ratings Tsingtao Brewery Company Limited Shanghai S.E.

Equities

600600

CNE0000009Y3

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-04-23 pm EDT			5-day change	1st Jan Change
78.82 ^CNY	-0.05%		+1.05%	+5.44%

Apr. 18	South Korea's Beer Imports Plunge 20% Following Tsingtao Urination Incident	MT
Mar. 27	Tsingtao Brewery Reports Increase in 2023 Profit as Revenue Climbs	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

Strengths

The group's high margin levels account for strong profits.
Thanks to a sound financial situation, the firm has significant leeway for investment.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
Over the past four months, analysts' average price target has been revised downwards significantly.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Sector: Brewers

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
TSINGTAO BREWERY COMPANY LIMITED	+5.44%	12.38B		-
DELTA CORPORATION LIMITED	+384.45%	67.41B	-	C-
HEINEKEN N.V.	+0.33%	55.87B		B+
CONSTELLATION BRANDS, INC.	+8.19%	47.85B		C+
AMBEV S.A.	-12.31%	36.75B		B-
HEINEKEN HOLDING N.V.	+0.20%	23.22B	-	B+
CARLSBERG A/S	+11.50%	18.85B		B
ASAHI GROUP HOLDINGS, LTD.	+3.00%	18.05B		A-
BUDWEISER BREWING COMPANY APAC LIMITED	-26.68%	18.04B		B
CHINA RESOURCES BEER (HOLDINGS) COMPANY LIMITED	+3.51%	14.85B		B-

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ESG Refinitiv

Financials

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