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%		+2.34%	+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 company returns high margins, thereby supporting business profitability.
Thanks to a sound financial situation, the firm has significant leeway for investment.
This company will be of major interest to investors in search of a high dividend stock.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

Revenue estimates are regularly revised downwards for the current and coming years.
Over the past four months, analysts' average price target has been revised downwards significantly.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Sector: Brewers

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
TSINGTAO BREWERY COMPANY LIMITED	+5.44%	12.28B		-
DELTA CORPORATION LIMITED	+384.45%	67.41B	-	C-
HEINEKEN N.V.	+0.57%	54.86B		B+
CONSTELLATION BRANDS, INC.	+8.19%	47.83B		C+
AMBEV S.A.	-12.31%	36.22B		B-
HEINEKEN HOLDING N.V.	+0.26%	22.9B	-	B+
CARLSBERG A/S	+11.38%	18.76B		B
ASAHI GROUP HOLDINGS, LTD.	+5.04%	18.14B		A-
BUDWEISER BREWING COMPANY APAC LIMITED	-26.68%	17.73B		B
CHINA RESOURCES BEER (HOLDINGS) COMPANY LIMITED	+4.82%	14.49B		B-

Investor Rating

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ESG Refinitiv

Financials

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Technical analysis

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