Earnings Alerts

Tsingtao Brewery Co Ltd A (600600) Earnings Report: FY Net Income Surges to 4.27B Yuan, Up 15% Y/Y

  • Tsingtao Brewery’s net income for the fiscal year is 4.27 billion yuan, a 15% increase from the previous year.
  • The company’s revenue was 33.9 billion yuan, a 5.4% increase year on year. This was slightly below the estimated 34.24 billion yuan.
  • The final dividend per share is 2 yuan, up from 1.30 yuan in the previous year.
  • Earnings per share (EPS) increased to 3.132 yuan, up from 2.728 yuan year on year.
  • Out of 31 ratings, 27 recommended buying Tsingtao Brewery’s shares, 4 recommended holding, and none recommended selling.
  • All comparisons to past results are based on values reported by the company’s original disclosures.

A look at Tsingtao Brewery Co Ltd A Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE3.8

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

Long-Term Outlook for Tsingtao Brewery Co Ltd A

Based on the Smartkarma Smart Scores, Tsingtao Brewery Co Ltd A is expected to have a positive long-term outlook. The company has received an overall score of 3.8 out of 5, with high scores in the categories of Dividend, Growth, Resilience, and Momentum.

With a score of 4 in both Dividend and Growth, Tsingtao Brewery Co Ltd A is showing strong potential for financial stability and future growth. This suggests that the company is well-positioned to continue paying out dividends to its shareholders while also expanding its business and increasing its profits.

Furthermore, the company’s high score of 5 in the Resilience category indicates its ability to withstand market fluctuations and economic downturns. This makes Tsingtao Brewery Co Ltd A a reliable and stable investment choice for the long term.

Overall, with its solid scores in key areas, Tsingtao Brewery Co Ltd A is a promising company to watch in the beer industry. As a well-known brand both in China and internationally, the company is likely to continue its success and deliver positive returns for its investors.

Company Description

Tsingtao Brewery Company Limited is a leading producer and distributor of beer products. The company’s flagship brand, Tsingtao Beer, is well-known and widely consumed in China and around the world. With a strong presence in the market, Tsingtao Brewery Co Ltd A is a key player in the beer industry and is committed to delivering high-quality products to its customers.


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.
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