Tsingtao Brewery Stock , TSGTF

	2022	2023	2024	2025	2026
Revenue	31,722	33,885	35,739	35,789	36,675
Dividend	1.06	1.22	1.42	-	-
Dividend Yield (in %)	1.64 %	1.90 %	2.20 %	-	-
EPS	2.36	2.78	3.23	3.21	3.25
P/E Ratio	27.29	23.18	19.93	20.05	19.80
EBIT	3,864	4,620	5,466	5,608	5,959
EBITDA	4,854	5,661	6,537	7,539	7,989
Net Profit	3,212	3,772	4,380	4,166	4,412
Net Profit Adjusted	3,075	3,651	4,320	4,294	4,547
Pre-Tax Profit	4,500	5,278	6,112	5,961	6,313
Net Profit (Adjusted)	4,553	5,400	6,374	-	-
EPS (Non-GAAP) ex. SOE	-	-	-	-	-
EPS (GAAP)	2.36	2.73	3.19	3.07	3.25
Gross Income	10,647	11,777	12,692	11,356	11,788
Cash Flow from Investing	-1,149	-805	-1,185	-1,295	-
Cash Flow from Operations	4,517	4,800	5,362	6,246	6,600
Cash Flow from Financing	-1,093	-989	-1,088	-1,888	-1,999
Cash Flow per Share	2.86	3.63	3.56	-	-
Free Cash Flow	3,307	3,907	3,991	-	-
Free Cash Flow per Share	2.52	4.02	2.47	-	-
Book Value per Share	18.76	20.72	22.51	-	-
Net Debt	-15,814	-19,153	-20,665	-	-
Research & Development Exp.	33	39	41	-	-
Capital Expenditure	805	756	857	1,517	1,635
Selling, General & Admin. Exp.	5,970	6,359	6,634	-	-
Shareholder’s Equity	25,591	28,320	31,558	32,651	34,487
Total Assets	48,887	52,576	56,514	55,060	57,740

	Previous Quarter ending 06/30/22	Current Quarter ending 09/30/22	Next Quarter ending 12/31/22	Current Year ending 12/31/22	Next Year ending 12/31/23
Earnings Estimates
No. of Analysts	2	2	2	22	22
Average Estimate	1.100 CNY	0.990 CNY	-0.620 CNY	2.358 CNY	2.777 CNY
Year Ago	-	0.881 CNY	-	2.328 CNY	2.358 CNY
Publish Date	8/25/2022	11/2/2022	3/30/2023	-	-
Revenue Estimates
No. of Analysts	2	1	1	19	19
Average Estimate	9,617 CNY	9,438 CNY	3,601 CNY	31,722 CNY	33,885 CNY
Year Ago	-	8,480 CNY	-	30,167 CNY	31,722 CNY
Publish Date	8/25/2022	11/2/2022	3/30/2023	-	-

* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

Tsingtao Brewery Dividend Calendar

Date	Name	Dividend	*yield	Currency
2021	Tsingtao Brewery	1.29	1.76	HKD
2020	Tsingtao Brewery	0.90	1.11	HKD
2019	Tsingtao Brewery	0.59	1.13	HKD
2018	Tsingtao Brewery	0.54	1.71	HKD
2017	Tsingtao Brewery	0.51	1.27	HKD
2016	Tsingtao Brewery	0.40	1.37	HKD
2015	Tsingtao Brewery	0.46	1.31	HKD
2014	Tsingtao Brewery	0.57	1.08	HKD
2013	Tsingtao Brewery	0.57	0.86	HKD
2012	Tsingtao Brewery	0.50	1.10	HKD
2011	Tsingtao Brewery	0.32	0.74	HKD
2010	Tsingtao Brewery	0.22	0.53	HKD
2009	Tsingtao Brewery	0.18	0.42	HKD

*Yield of the Respective Date

Tsingtao Brewery Calendar

Event	Estimate	Info	Date
Earnings Report	1.100 CNY	Q2 2022 Earnings Release	08/25/2022
Earnings Report	0.990 CNY	Q3 2022 Earnings Release	11/02/2022
Earnings Report	-0.620 CNY	Q4 2022 Earnings Release	03/30/2023
Earnings Report	-	Q1 2023 Earnings Release	04/27/2023
Earnings Report	-	Q2 2023 Earnings Release	08/30/2023

Tsingtao Brewery Past Events

Event	Actual EPS	Info	Date
Annual General Meeting	-	Annual General Meeting	06/28/2022

Tsingtao Brewery Profile

Tsingtao Brewery Co. , Ltd. engages in the manufacture and sale of beer and related products. It operates through the following business segments: Shandong; South China; North China; East China; Southeast; Hong Kong, Macau, and overseas; and Finance. The Shandong segment engages in the production and sale of beer in Shandong and surrounding areas. The South China, North China, East China, and Southeast segments engage in the production and sale of beer in the respective areas. The Hong Kong, Macau, and overseas segment engages in the sale of beer in Hong Kong, Macau, and overseas. The Finance segment handles the financial management and financial transactions such as payment and collection of member units.

Moody’s Daily Credit Risk Score

Risk

Low
Medium
High

Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

Tsingtao Brewery Shareholder

Owner	in %
Freefloat	94.15
Baillie Gifford & Co.	5.26
E Fund Management Co., Ltd.	4.85
E fund Bluechip Selection Hybrid Fund	3.10

Shareholder percentage totals can add to more than 100% because some holders are included in the free float.