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T

Tsingtao Brewery Co 600600.SS · CNY

Consumer Staples · Shanghai · 🇨🇳 China

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52.53

-1.52%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥30.30bn

FY2016FY2025

Net income

CN¥4.59bn

FY2016FY2025

Free cash flow

CN¥2.90bn

FY2016FY2025

Shareholders' equity

CN¥30.65bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥30.30bnCN¥32.14bnCN¥33.94bnCN¥32.17bnCN¥30.17bnCN¥27.76bnCN¥27.98bnCN¥26.58bnCN¥26.28bnCN¥26.11bn
Gross profitCN¥11.06bnCN¥12.85bnCN¥13.04bnCN¥11.77bnCN¥10.98bnCN¥9.74bnCN¥10.86bnCN¥9.98bnCN¥10.62bnCN¥10.82bn
Research and developmentCN¥121.8mCN¥102.8mCN¥100.6mCN¥63.0mCN¥30.9mCN¥21.5mCN¥21.1mCN¥19.8mCN¥18.7mCN¥14.6m
Operating incomeCN¥5.16bnCN¥5.84bnCN¥5.74bnCN¥5.00bnCN¥4.45bnCN¥3.25bnCN¥2.70bnCN¥2.38bnCN¥2.11bnCN¥1.42bn
Net incomeCN¥4.59bnCN¥4.34bnCN¥4.27bnCN¥3.71bnCN¥3.16bnCN¥2.20bnCN¥1.85bnCN¥1.42bnCN¥1.26bnCN¥1.04bn
Diluted earnings per share3.361.831.801.562.321.631.371.050.940.77

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥52.66bnCN¥51.42bnCN¥49.26bnCN¥50.31bnCN¥46.56bnCN¥41.51bnCN¥37.31bnCN¥34.08bnCN¥30.97bnCN¥30.08bn
Cash and short-term investmentsCN¥19.24bnCN¥20.00bnCN¥24.79bnCN¥20.54bnCN¥17.38bnCN¥20.36bnCN¥16.83bnCN¥13.74bnCN¥9.94bnCN¥8.57bn
Total liabilitiesCN¥18.17bnCN¥21.56bnCN¥21.00bnCN¥24.04bnCN¥22.77bnCN¥20.15bnCN¥17.40bnCN¥15.39bnCN¥13.20bnCN¥13.20bn
Debt—CN¥327.5mCN¥307.3mCN¥569.0mCN¥576.5mCN¥1.01bnCN¥549.0mCN¥623.0mCN¥573.0mCN¥612.0m
Shareholders' equityCN¥30.65bnCN¥29.06bnCN¥27.45bnCN¥25.49bnCN¥23.00bnCN¥20.62bnCN¥19.17bnCN¥17.97bnCN¥17.15bnCN¥16.31bn
Shares outstanding1,364m2,372m2,372m2,372m1,358m1,351m1,351m1,352m1,350m1,350m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥5.15bnCN¥5.15bnCN¥2.78bnCN¥4.88bnCN¥6.04bnCN¥4.95bnCN¥4.02bnCN¥3.99bnCN¥2.31bnCN¥2.97bn
Capital spending−CN¥2.25bn−CN¥2.14bn−CN¥1.62bn−CN¥1.78bn−CN¥1.63bn−CN¥1.30bn−CN¥1.16bn−CN¥761.8m−CN¥888.2m−CN¥855.9m
Free cash flowCN¥2.90bnCN¥3.01bnCN¥1.16bnCN¥3.10bnCN¥4.41bnCN¥3.66bnCN¥2.86bnCN¥3.23bnCN¥1.42bnCN¥2.12bn
Dividends paid−CN¥3.00bn−CN¥2.74bn−CN¥2.48bn−CN¥1.51bn−CN¥1.04bn−CN¥744.7m−CN¥656.2m−CN¥590.6m−CN¥477.6m−CN¥540.7m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥9.37bnCN¥10.29bnCN¥3.11bnCN¥8.88bnCN¥10.05bnCN¥10.45bnCN¥3.18bnCN¥8.89bn
Gross profitCN¥4.42bnCN¥4.40bnCN¥677.7mCN¥3.87bnCN¥4.57bnCN¥4.35bnCN¥751.1mCN¥3.77bn
Operating incomeCN¥2.69bnCN¥2.28bn−CN¥1.18bnCN¥1.68bnCN¥2.95bnCN¥2.30bn−CN¥884.5mCN¥1.82bn
Net incomeCN¥2.12bnCN¥1.80bn−CN¥686.3mCN¥1.37bnCN¥2.19bnCN¥1.71bn−CN¥644.9mCN¥1.35bn
Diluted earnings per share1.551.32-0.501.001.611.25-0.270.57
Cash from operations——−CN¥985.0mCN¥1.03bnCN¥3.01bnCN¥1.79bn−CN¥1.08bnCN¥516.0m
Capital spending−CN¥491.0m−CN¥617.0m−CN¥691.0m−CN¥612.0m−CN¥450.0m−CN¥499.0m−CN¥570.0m−CN¥525.0m
Free cash flow——−CN¥1.68bnCN¥415.0mCN¥2.56bnCN¥1.29bn−CN¥1.65bn−CN¥9.0m
Total assetsCN¥55.49bnCN¥53.37bnCN¥52.66bnCN¥51.39bnCN¥52.37bnCN¥51.29bnCN¥51.42bnCN¥50.37bn
Cash and short-term investments——CN¥19.24bnCN¥21.12bnCN¥22.02bnCN¥21.25bnCN¥20.00bnCN¥25.15bn
Debt——CN¥162.3mCN¥326.1mCN¥316.9mCN¥314.8m——
Shareholders' equityCN¥31.35bnCN¥32.44bnCN¥30.65bnCN¥31.33bnCN¥29.96bnCN¥30.77bnCN¥29.06bnCN¥29.80bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-2.0%1.8%0.9%
Operating income1.1%9.7%10.8%
Net income7.3%15.8%10.4%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin38.3%37.9%37.2%38.0%
Operating margin17.6%16.9%15.8%12.4%
Net margin14.3%13.2%11.9%9.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings18.244.241.568.742.661.037.233.142.138.1
Price to sales2.86.05.27.94.54.82.51.82.01.5

Dividends and splits

Per share, in the currency the company pays

Paid for 26 years. Last went ex-dividend on 16 Jul 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year2.352.202.001.801.100.750.550.48
  • 1-to-1 reverse split · 20 Dec 2006

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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