- Tsingtao Brewery’s net income for the first half of 2024 was 3.64 billion yuan, an increase of 6.3% year-over-year.
- The net income figure missed the market estimate of 3.72 billion yuan.
- Revenue for the same period was 20.07 billion yuan, a decrease of 7% compared to the previous year.
- Earnings per share (EPS) improved to 2.672 yuan from 2.515 yuan year-over-year.
- Market analysts’ ratings include 29 buys, 4 holds, and 0 sells for Tsingtao Brewery.
A look at Tsingtao Brewery Co Ltd A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.6 |
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
Based on the Smartkarma Smart Scores, Tsingtao Brewery Co Ltd A shows a promising long-term outlook. With high scores in Dividend and Resilience, the company demonstrates a strong ability to provide stable returns to investors even in challenging market conditions. Additionally, the above-average score in Growth reflects potential for expansion and improvement in market share. While the Value and Momentum scores are more moderate, the overall outlook for Tsingtao Brewery Co Ltd A appears positive, especially for investors seeking steady dividends and growth opportunities.
Summary: Tsingtao Brewery Company Limited stands out as a key player in the beer industry, known for producing and distributing its products under the renowned Tsingtao Beer brand name. With a focus on both domestic and international markets, Tsingtao Brewery Co Ltd A showcases a solid foundation for continued growth and resilience in the face of market fluctuations.
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
