青島啤酒股份:2023 年度報告
Changes in Hong Kong stocks | China Resources Breweries (00291) rose nearly 7%, leading the beer stock industry is about to break out of a high sales base, institutions say the peak season is worth looking forward to
Beer stocks picked up in early trading. As of press release, China Resources Brewery (00291) rose 6.81% to HK$34.5; Tsingtao Brewery shares (00168) rose 5.73% to HK$54.4; and Budweiser Asia Pacific (01876) rose 2.99% to HK$10.34.
Tsingtao Brewery (HKG:168) Shareholders Will Want The ROCE Trajectory To Continue
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Firstly, we'd want to identify a growing return on capital employ
Dongwu Securities: The beer industry is still in the structural upgrade dividend period, and the 2024 peak season is worth looking forward to
The Zhitong Finance App learned that Dongwu Securities released a research report saying that beer is selling well in 2024Q1. This year, various wine companies will make structural improvements and profit protection their strategic priorities this year to further cultivate their strong markets. There is room for price increases and fee reductions for some products, and structural upgrades continue. At the same time, companies tend to control spending in competitors' strong markets to improve cost efficiency. Profitability is expected to continue to improve. With the pro-cyclical scenario recovering, the 2024 peak season is worth looking forward to. Currently, the stock prices of high-quality stocks with performance support in the sector are at the lower limit of historical valuation, and there is plenty of room for improvement. Recommended: Tsingtao Brewery (60060
Changes in Hong Kong stocks | The collective recovery of beer stocks during the peak season catalyzes falling costs or releasing dividends, and there is still plenty of room for high-end beer
Beer stocks picked up collectively. As of press release, Tsingtao Brewery shares (00168) rose 3.6% to HK$53.3; China Resources (00291) rose 2.49% to HK$32.9; and Budweiser Asia Pacific (01876) rose 1.42% to HK$10.02.
Fangzheng Securities: There is still plenty of room for high-end beer to welcome value layout opportunities under undervaluation
Currently, leading valuations have fallen back to a low level of nearly five years, and there are opportunities for value allocation.
Guotai Junan: Liquor moving towards a new balance, industry value highlighted
Factors of concern under the “double low” characteristics of the liquor industry will shift from the economy to Maotai. Previously, the pricing and micro-transaction structures of mainstream companies in the industry were cleared one after another, with the exception of Maotai. After Maotai's price declines, it will move towards a new balance, and the value of the industry will become prominent.
Fangzheng Securities: There is still plenty of high-end space, and the beer sector ushered in value layout opportunities
According to Fangzheng Securities, there is still plenty of room for high-end beer and strong certainty. Currently, the beer industry's valuation is at a historically low level, ushering in value layout opportunities.
The beer industry's view on financial reporting: high-end technology continues to “fight”, but it sits on a “cold bench” in the capital market
In 2023, the beer industry continued to advance towards high-end production, and most beer companies achieved a double increase in net revenue and profit.
Tsingtao Brewery Co., Ltd. (00168.HK) plans to hold a board meeting on April 29 to approve the first quarter results
Gelonghui, April 9, 丨 Tsingtao Brewery Co., Ltd. (00168.HK) announced that the company will hold a board meeting on April 29, 2024 (Monday) to approve (among other things) the unaudited first quarter results of the company and its subsidiaries for the three months ending March 31, 2024 in accordance with China's accounting standards and their release.
TSINGTAO BREW: ANNOUNCEMENT OF DATE OF BOARD MEETING
Bank of China Securities: Liquor-dominant companies accelerate market share increase, beer structure upgrade trend determined
Recently, the Liquor Industry Association released industry data. Compared with major types of alcohol, liquor revenue and average price growth rate were the fastest, and beer profit margins increased significantly.
Tsingtao Brewery's (HKG:168) Earnings Aren't As Good As They Appear
Despite posting strong earnings, Tsingtao Brewery Company Limited's (HKG:168) stock didn't move much over the last week. We think that investors might be worried about the foundations the earnings ar
Tsingtao Brewery Co: A Strong Buy on Solid Growth and Premiumization Strategy
The Tsingtao Brewery Company Limited (HKG:168) Full-Year Results Are Out And Analysts Have Published New Forecasts
Tsingtao Brewery Company Limited (HKG:168) last week reported its latest yearly results, which makes it a good time for investors to dive in and see if the business is performing in line with expectat
Big Bank Rating | UBS: Slightly lowered Tsingtao Brewery's target price to HK$62.12 for a “buy” rating
According to a report published by UBS, Tsingtao Brewery's revenue in 2023 reached 33.937 billion yuan, in line with expectations, while profit before interest and tax and net profit reached 4.806 billion yuan and 4.268 billion yuan respectively, slightly lower than expected, mainly due to higher sales and distribution expenses during the period than expected. Sales volume in the second half of last year was 2.98 million tons, down 11% year-on-year. The downward trend is in line with the third quarter of last year. The annual sales volume fell slightly to 8.01 million tons, which is a relative loss compared to the overall growth of the industry of about 0.3%. However, improvements in the product portfolio during the period drove average price growth to 6.4%, up 4.8% compared to 2022. UBS stated,
Buy Rating for Tsingtao Brewery Co. Amidst Strong Profit Growth and Strategic Premiumization
[Hong Kong Stock Connect] The profit of Tsingtao Brewery Co., Ltd. (00168) increased 15.02% last year to RMB 4.268 billion, with a proposed final dividend of 2 yuan per share
Jinwu Financial News | Tsingtao Brewery Co., Ltd. (00168) announced that in 2023, net profit attributable to shareholders of the parent company was 4.268 billion yuan (RMB, same below), an increase of 15.02% over the previous year; basic earnings per share were 3.139 yuan, compared to 2.736 yuan for the same period last year. The proposed final dividend is $2.00 per share (tax included). During the period, the company achieved revenue of 33.937 billion yuan, an increase of 5.49% over the previous year. During the period, the company achieved sales volume of 8.07 million kiloliters of products. The main brand of Tsingtao Brewery achieved a total sales volume of 4.56 million kiloliters, an increase of 2.7% over the previous year; of these: high-end and above
Tsingtao Brewery Reports Increase in 2023 Profit as Revenue Climbs
Tsingtao Brewery's (SHA:600600, HKG:0168) attributable profit increased to 4.27 billion yuan in 2023 from 3.80 billion yuan in 2022, according to a Wednesday filing with the Hong Kong bourse. Earnings
Tsingtao Brewery Co., Ltd. (00168) will pay a final dividend of 2 yuan per share on August 9
Tsingtao Brewery Co., Ltd. (00168) announced that it will pay a final dividend of 2 yuan per share on August 9, 2024.
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