- China Resources Beer FY revenue was 38.93 billion yuan, a 10% increase year over year, but missed the estimate of 39.74 billion yuan.
- The net income of the company was 5.15 billion yuan, slightly above the estimate of 5.13 billion yuan.
- The final dividend per share was 34.9 RMB cents, up from 30.2 RMB cents last year.
- Selling and Distribution Expenses increased by 19% year over year to 8.07 billion yuan, exceeding the estimate of 7.68 billion yuan.
- Administrative expenses were 3.36 billion yuan, a 1.3% increase year over year, but lower than the estimated 3.63 billion yuan.
- The company plans to continue pursuing growth in scale and quality.
- Despite an uncertain and challenging economic and market environment, the company will remain cautious and optimistic.
- Among analysts, the company has 50 buys, 1 hold, and 0 sells.
- All comparisons to past results are based on values reported from the company’s original disclosures.
A look at China Resources Beer Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
China Resources Beer (Holdings) Company Limited, a leading alcoholic beverage retailer, has been assigned an overall Smart Score of 2 out of 5. This indicates a mixed long-term outlook for the company, with some positive and negative factors to consider.
On the positive side, China Resources Beer Holdings has received a score of 4 for both Growth and Resilience. This suggests that the company has a strong potential for growth and is well-equipped to weather any market challenges. However, the scores for both Value and Dividend are 2, indicating that the company may not be as attractive in terms of its value or dividend offerings.
Overall, while China Resources Beer Holdings may face some challenges, its strong scores for Growth and Resilience suggest that it has the potential to continue its success in the long-term. Investors should carefully consider all factors before making any decisions regarding this company.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
