Tsingtao Brewery Co (600600.SS) Stock Price

Tsingtao Brewery Co Price

SSE·CLOSED
50.81
+0.30 (+0.59 %)
Market closed

Over the last 19 years Tsingtao Brewery Co grew revenue by 5.1% annually, reaching 30.30 B CNY. Earnings per share have grown at 13.0% per year over the last 19 years. For Tsingtao Brewery Co, the net margin of 15.1% is up versus 10.5% a few years ago. At today's price the dividend yield works out to roughly 4.33%. The payout ratio is around 65% of earnings. The dividend has grown at 9.4% per year over the past 19 years. The consensus 12-month price target for Tsingtao Brewery Co is 82.19 CNY, about 61.8% above where the stock trades today. Of 25 analysts, 19 rate the stock a buy — an overall Buy consensus.

Tsingtao Brewery Co stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Tsingtao Brewery Co over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Tsingtao Brewery Co stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Tsingtao Brewery Co's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Tsingtao Brewery Co Stock Price History
DateTsingtao Brewery Co Price
9/14/202650.81 CNY
9/11/202650.51 CNY
9/10/202650.90 CNY
9/9/202651.34 CNY
9/8/202651.47 CNY
9/7/202651.16 CNY
9/4/202651.48 CNY
9/3/202650.74 CNY
9/2/202650.70 CNY
9/1/202650.91 CNY
8/31/202650.74 CNY
8/28/202651.14 CNY
8/27/202650.99 CNY
8/26/202651.54 CNY
8/25/202651.24 CNY
8/24/202650.89 CNY
8/21/202650.82 CNY
8/20/202651.44 CNY
8/19/202651.57 CNY
8/18/202651.63 CNY
8/17/202651.96 CNY
8/14/202652.55 CNY
8/13/202653.07 CNY
8/12/202653.55 CNY
8/11/202653.35 CNY
8/10/202654.01 CNY
8/7/202653.60 CNY
8/6/202653.56 CNY
8/5/202654.04 CNY
8/4/202654.68 CNY
Access this data via the Eulerpool API

Tsingtao Brewery Co Revenue, EBIT, Net Income

  • 3 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
32.17 B CNY
5.00 B CNY
3.71 B CNY
Jan 1, 2023
33.94 B CNY
5.74 B CNY
4.27 B CNY
Jan 1, 2024
32.14 B CNY
5.84 B CNY
4.34 B CNY
Jan 1, 2025
30.30 B CNY
5.16 B CNY
4.59 B CNY
Jan 1, 2026 (e)
32.09 B CNY
6.24 B CNY
4.64 B CNY
Jan 1, 2027 (e)
32.89 B CNY
6.42 B CNY
4.75 B CNY
Jan 1, 2028 (e)
32.93 B CNY
6.70 B CNY
5.09 B CNY
Jan 1, 2029 (e)
32.81 B CNY
6.25 B CNY
4.56 B CNY

Tsingtao Brewery Co Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 16, 2026, 9:50 AM
 
REVENUEB CNY
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB CNY
EBITB CNY
EBIT MARGIN%
NET INCOMEB CNY
NET INCOME GROWTH%
DIV.CNY
DIV. GROWTH%
SHARESB
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
29.0527.6326.1126.2826.5827.9827.7630.1732.1733.9432.1430.3032.0932.8932.9332.81
2.68-4.87-5.530.661.135.30-0.808.676.655.49-5.30-5.725.902.490.14-0.37
38.3837.7241.4440.4237.5638.8235.0936.4136.5838.4439.9736.4936.4936.4936.4936.49
11.1510.4210.8210.629.9810.869.7410.9811.7713.0412.8511.0611.7112.0012.0211.97
2.281.861.422.112.382.703.254.455.005.745.845.166.246.426.706.25
7.866.715.428.058.949.6411.7114.7615.5416.9018.1817.0319.4519.5320.3419.06
1.991.711.041.261.421.852.203.163.714.274.344.594.644.755.094.56
0.86-13.92-39.1121.0912.5930.2418.8443.3417.5915.011.805.621.072.377.25-10.51
0.450.450.390.350.420.480.550.751.101.802.002.202.643.173.80
12.50-13.33-10.2620.0014.2914.5836.3646.6763.6411.1110.0020.0020.0819.87
1.351.351.351.351.351.351.351.362.372.372.371.361.361.361.361.36
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Tsingtao Brewery Co generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Tsingtao Brewery Co retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Tsingtao Brewery Co's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Tsingtao Brewery Co has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Tsingtao Brewery Co's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Tsingtao Brewery Co stock margins

The Tsingtao Brewery Co margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Tsingtao Brewery Co. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Tsingtao Brewery Co.
  • 3 Years

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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
36.41 %
14.77 %
10.46 %
Jan 1, 2022
36.58 %
15.54 %
11.53 %
Jan 1, 2023
38.44 %
16.90 %
12.58 %
Jan 1, 2024
39.97 %
18.18 %
13.52 %
Jan 1, 2025
36.49 %
17.03 %
15.14 %
Jan 1, 2026 (e)
36.49 %
19.45 %
14.45 %
Jan 1, 2027 (e)
36.49 %
19.53 %
14.43 %
Jan 1, 2028 (e)
36.49 %
20.35 %
15.46 %

Tsingtao Brewery Co Stock Revenue, EBIT, Earnings per Share

The Tsingtao Brewery Co earnings per share therefore indicates how much revenue Tsingtao Brewery Co has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
22.21 CNY
3.28 CNY
2.32 CNY
Jan 1, 2022
13.57 CNY
2.11 CNY
1.56 CNY
Jan 1, 2023
14.31 CNY
2.42 CNY
1.80 CNY
Jan 1, 2024
13.55 CNY
2.46 CNY
1.83 CNY
Jan 1, 2025
22.21 CNY
3.78 CNY
3.36 CNY
Jan 1, 2026 (e)
23.54 CNY
4.58 CNY
3.40 CNY
Jan 1, 2027 (e)
24.12 CNY
4.71 CNY
3.48 CNY
Jan 1, 2028 (e)
24.15 CNY
4.91 CNY
3.73 CNY

Tsingtao Brewery Co business model & stock analysis

Tsingtao Brewery Co Ltd is one of the largest breweries in China.

Tsingtao Brewery Co SWOT Analysis

Strengths

Tsingtao Brewery is one of the leading breweries in China, with a strong brand recognition and a long history dating back to 1903. The company has a wide distribution network and a robust supply chain, enabling it to reach a large customer base.

Tsingtao Brewery has a diverse product portfolio that caters to different consumer preferences. It offers a range of beer products, including premium and craft beers, which allows the company to target various market segments.

Weaknesses

Tsingtao Brewery faces intense competition in the domestic and international beer market. The company needs to continuously invest in marketing and product innovation to stay competitive and differentiate itself from other brands.

The company's profitability is subject to fluctuations in raw material prices, such as barley and hops. Changes in these input costs can impact Tsingtao Brewery's margins and overall financial performance.

Opportunities

Tsingtao Brewery can explore opportunities for international expansion, especially in emerging markets where the demand for premium beers is growing. The company's strong brand image and quality products can help it penetrate and establish a presence in new markets.

The increasing health consciousness among consumers presents an opportunity for Tsingtao Brewery to develop and market low-alcohol or non-alcoholic beer options. This can cater to the changing preferences of health-conscious consumers and expand the company's customer base.

Threats

Changes in government regulations and policies related to the alcohol industry can pose a threat to Tsingtao Brewery's operations. Compliance with evolving regulations and potential restrictions on advertising and distribution can impact the company's growth and profitability.

The COVID-19 pandemic has disrupted the global alcohol industry, including the beer market. Tsingtao Brewery faces risks related to changes in consumer behavior, supply chain disruptions, and economic uncertainties that can affect its sales and financial performance.

Tsingtao Brewery Co Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Tsingtao Brewery Co historical P/E ratio, EBIT multiple, and P/S ratio

Tsingtao Brewery Co annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down Tsingtao Brewery Co's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in Tsingtao Brewery Co's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare Tsingtao Brewery Co's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Tsingtao Brewery Co shares outstanding

The number of shares of Tsingtao Brewery Co was 1.36 B in 2025. This indicates how many shares Tsingtao Brewery Co is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
1.36 B Stocks
Jan 1, 2022
2.37 B Stocks
Jan 1, 2023
2.37 B Stocks
Jan 1, 2024
2.37 B Stocks
Jan 1, 2025
1.36 B Stocks
Jan 1, 2026 (e)
1.36 B Stocks
Jan 1, 2027 (e)
1.36 B Stocks
Jan 1, 2028 (e)
1.36 B Stocks

Tsingtao Brewery Co stock splits

Since 2006, a total of 1 shares have been converted from one Tsingtao Brewery Co share.

DateRatioType
12/20/20061 : 1

Tsingtao Brewery Co Dividend History

29 years of dividend payments · 8 consecutive increases

YearAnnual DividendYoY ChangePayments
20252.20CNY 10.0%
Jun 27, 20252.20CNY 10.0%1/1
20242.00CNY 11.1%
20231.80CNY 63.6%
20221.10CNY 46.7%
20210.75CNY 36.4%
20200.55CNY 14.6%
20190.48CNY 14.3%
20180.42CNY 20.0%
20170.35CNY 10.3%
20160.39CNY 13.3%

Tsingtao Brewery Co dividend history and estimates

In 2025, Tsingtao Brewery Co paid a dividend amounting to 2.20 CNY. Dividend means that Tsingtao Brewery Co distributes a portion of its profits to its owners.
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  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2021
0.75 CNY
0.00 CNY
0.00 CNY
Jan 1, 2022
1.10 CNY
0.00 CNY
0.00 CNY
Jan 1, 2023
1.80 CNY
0.00 CNY
0.00 CNY
Jan 1, 2024
2.00 CNY
0.00 CNY
0.00 CNY
Jan 1, 2025
2.20 CNY
0.00 CNY
0.00 CNY
Jan 1, 2026 (e)
0.00 CNY
2.64 CNY
0.00 CNY
Jan 1, 2027 (e)
0.00 CNY
3.17 CNY
0.00 CNY
Jan 1, 2028 (e)
0.00 CNY
3.80 CNY
0.00 CNY

Tsingtao Brewery Co dividend payout ratio

In 2025, Tsingtao Brewery Co had a payout ratio of 65.41%. The payout ratio indicates the percentage of the company's profits that Tsingtao Brewery Co distributes as dividends.
  • 3 Years

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  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
32.28 %
Jan 1, 2022
70.31 %
Jan 1, 2023
100.02 %
Jan 1, 2024
109.16 %
Jan 1, 2025
65.41 %
Jan 1, 2026 (e)
77.62 %
Jan 1, 2027 (e)
90.99 %
Jan 1, 2028 (e)
101.81 %

Current Tsingtao Brewery Co forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.98 %
Buy
76.00 % (19)
Hold
24.00 % (6)
Sell
0.00 % (0)
12M Price Target
82.19
Last Price
50.81
Currency
CNY
12M Return Potential
61.76 %
LTM Return
-24.84 %

EESG©

Eulerpool ESG Scorecard© for the Tsingtao Brewery Co stock

66/100
88
Environment
45
Social
65
Governance
E

Environment

Scope 1 - Direct Emissions190,388
Scope 2 - Indirect emissions from purchased energy200,093
Scope 3 - Indirect emissions within the value chain4,646,452
Total CO₂ emissions390,481
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

Percentage of female employees26.58
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Tsingtao Brewery Co shareholder structure

% Name
0.54584%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
0.14681%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
0.04985%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
0.03427%
BlackRock Advisors (UK) Limited
BlackRock Advisors (UK) Limited
0.02957%
State Street Investment Management (US)
State Street Investment Management (US)
0.02002%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
...

Tsingtao Brewery Co Beneficial Ownership Filings (SEC 13D/G)

Free Float
39.8%
Float Shares
543.05 M
Shares Outstanding
1.36 B

Tsingtao Brewery Co Executives and Management Board

12 members · avg. age 54 · 17 % women

ZC

Mr. Zhiwei Cai (56)

President of Marketing

4.68 M CNY

Management

ZJ

Mr. Zongxiang Jiang (52)

Chairman of the Board, President

1.58 M CNY
RW

Mr. Ruiyong Wang (58)

Vice President, Executive Director · since 2011

1.54 M CNY
NX

Ms. Nan Xu (56)

Vice President, President of Manufacturing, Chief Winemaker

1.50 M CNY
QH

Mr. Qiuyan Hou (58)

Chief Financial Officer, Executive Director · since 2022

794,700.00 CNY
HL

Mr. Hui Li (45)

Vice President

739,200.00 CNY
SY

Mr. Shuiyuan Yuan (47)

Vice President, President of Supply Chain

739,200.00 CNY

Board of Directors

RZ

Mr. Ruixiang Zhang (59)

Secretary of the Board

811,200.00 CNY
LS

Mr. Leiming Sheng (54)

Independent Director

120,000.00 CNY
XS

Mr. Xuebao Song (57)

Independent Director

120,000.00 CNY
GX

Mr. Geng Xiao (61)

Independent Director

120,000.00 CNY
RZ

Ms. Ran Zhang (46)

Independent Director

120,000.00 CNY

Tsingtao Brewery Co Supply Chain

Tsingtao Brewery Co Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
20 companies
#Nameβ 1YTrend
1
Shanghai Baosteel Pkg A
Supplier·Containers & Packaging·CN
0.59
-0.41
0.63
0.76
0.21
0.61
2
HKEX
Supplier·Customer·Capital Markets·HK
0.29
-0.49
0.43
0.68
0.30
0.61
0.48
3
CPMC
Supplier·Containers & Packaging·CN
-0.09
-0.60
0.59
0
0.35
0.59
0.10
4
Great China Metal Ind
Supplier·Containers & Packaging·TW
0.59
-0.22
0
-0.55
0.21
0.54
5
Kingcan
Supplier·Containers & Packaging·KY
0.61
-0.52
-0.71
-0.54
-0.21
0.52
#Nameβ 1YTrend
1
Baozun A
Supplier·CN
0.24
-0.41
0.59
0.70
0.53
2
Shandong Huapeng Glass A
Supplier·Containers & Packaging·CN
0.11
-0.27
0
-0.27
0.11
3
Xiamen Hexing Packaging A
Supplier·Containers & Packaging·CN
0.46
-0.14
-0.09
-0.20
0.29
-0.35
4
0.62
-0.41
0.09
-0.41
-0.21
0.08
5
China National Electric Apparatus A
Supplier·Electrical Equipment·CN
0.75
-0.39
0.69
0.82
-0.20
0.12

Frequently asked questions about Tsingtao Brewery Co

Tsingtao Brewery Co Ltd operates under a business model focused on brewing and selling a wide range of beer products. As one of China's leading beer producers, Tsingtao Brewery utilizes its extensive distribution network, brand recognition, and product diversification to cater to various consumer preferences. The company's core business involves manufacturing and selling different types of beer, including its flagship Tsingtao Beer brand, across domestic and international markets. By consistently improving product quality and expanding market reach, Tsingtao Brewery aims to maintain its position as a key player in the global beer industry.

Tsingtao Brewery Co Ltd is primarily active in the beverage and brewing industry. As one of China's leading beer manufacturers, Tsingtao Brewery Co Ltd focuses on the production, distribution, and sale of alcoholic beverages, particularly its flagship product – Tsingtao beer. With a rich history spanning over a century, Tsingtao Brewery Co Ltd has established itself as a prominent player not only in China but also in the global beer market. Renowned for its quality and distinct flavor, Tsingtao Brewery Co Ltd continues to grow its presence in the beverage industry, catering to the preferences of beer enthusiasts worldwide.

The main competitors of Tsingtao Brewery Co Ltd in the market include Yanjing Brewery Co Ltd, China Resources Beer (Holdings) Co Ltd, Anheuser-Busch InBev NV, and Heineken NV.

Tsingtao Brewery Co Ltd, a prominent Chinese beer company, has a rich history and background. Established in 1903, it has its roots in the German occupation of Qingdao (formerly known as Tsingtao). The brewery combines traditional German brewing techniques with local Chinese flavors, resulting in its distinct taste and quality. Over the years, Tsingtao Brewery has expanded its presence globally and is now one of the largest beer producers in China. It boasts a diverse portfolio of beers and has won numerous accolades for its craftsmanship. Tsingtao Brewery's commitment to excellence and cultural fusion has made it a renowned name in the international beer industry.

Tsingtao Brewery Co Ltd is one of the leading beer producers in China. Over the years, the company has achieved significant milestones in its journey. It successfully listed on the Hong Kong stock exchange in 1993, marking a major step in its growth and expansion. Tsingtao Brewery has also expanded its presence globally, becoming one of the top-selling Chinese beer brands worldwide. The company's commitment to quality and innovation has earned it numerous accolades and awards, solidifying its position as a key player in the brewing industry. Tsingtao Brewery's dedication to customer satisfaction and its ability to adapt to changing market dynamics have contributed to its remarkable success and market prominence.

Tsingtao Brewery Co Ltd, a leading Chinese brewery company, is primarily present worldwide, with a significant presence in various countries and regions. The company has established a strong international footprint and exports its popular Tsingtao beer to more than 100 countries. Besides its home market in China, Tsingtao Brewery Co Ltd has a notable presence in key markets such as the United States, Canada, Germany, and Australia. Additionally, the company has expanded its reach in Southeast Asia, including countries like South Korea, Vietnam, and Thailand. Tsingtao Brewery Co Ltd's global presence has contributed to its success as a renowned and trusted beer brand across the globe.

Tsingtao Brewery Co Ltd represents values of quality, tradition, and innovation in the beer industry. The company's corporate philosophy revolves around a commitment to producing premium beverages that deliver exceptional taste and enjoyment to consumers. With a rich history dating back to 1903, Tsingtao Brewery has become a renowned global brand, symbolizing Chinese brewing expertise. Their dedication to quality control, strict adherence to brewing standards, and use of high-quality ingredients ensure that every sip of Tsingtao beer is a testament to their unwavering commitment to excellence. With a strong emphasis on continuous improvement and customer satisfaction, Tsingtao Brewery Co Ltd remains a leading player in the global brewing market.

Analysts currently set an average price target of 78.68 CNY for the Tsingtao Brewery Co stock (median: 82.19 CNY), implying +55.0 % versus the latest price. The consensus is based on 25 analyst ratings.

25 analysts currently rate the Tsingtao Brewery Co stock: 19 recommend buying, 6 holding and 0 selling. For 2026, analysts expect Tsingtao Brewery Co to generate revenue of 32.09 B CNY and earnings per share of 3.40 CNY.

Converted at the current exchange rate, the Tsingtao Brewery Co share trades at 6.55 EUR (50.81 CNY).

The Tsingtao Brewery Co share (600600.SS) is listed on 1 stock exchanges, including: Shanghai (600600.SS).

Tsingtao Brewery Co Ltd is a leading manufacturer of beer and alcoholic beverages in China, with a solid business model focused on high-quality products and marketing strategies. The company has successfully built a strong presence in markets in China and around the world. The business model of Tsingtao Brewery Co Ltd is divided into various divisions, allowing the company to focus on different target groups and market segments. Key divisions include the production and sale of beer and other alcoholic beverages, the processing of raw materials, and research and development of new product lines. One of the main divisions of Tsingtao Brewery Co Ltd's business model is the production and sale of beer. With a wide range of beer styles, including lager, ale, and stout, the company has managed to assert itself in the highly competitive beer industry. The company also produces seasonal beers and special limited editions to regularly offer customers something new and exciting. The company distributes its products both in the domestic market and internationally. Another important division of Tsingtao Brewery Co Ltd's business model is the processing of raw materials. The company sources its raw materials, especially malt, hops, and rice, from local suppliers to ensure the highest quality of its products. The company also has its own breweries in multiple locations in China to ensure high production capacity. Research and development is also a significant division in Tsingtao Brewery Co Ltd's business model. The company continuously invests in the development of new product lines and technologies to strengthen its competitiveness. The company also has its own Institute of Brewing Sciences dedicated to improving brewing technology and developing innovative beer products. In addition to the main divisions mentioned above, Tsingtao Brewery Co Ltd also operates other business areas, such as restaurants and retail stores, to enhance its brand presence. In terms of products offered by Tsingtao Brewery Co Ltd, the company has a wide range of beers and alcoholic beverages available in various markets. For example, the company offers the well-known Tsingtao brand, known for its refreshing aroma and unique taste. It also offers other products such as wine, spirits, and non-alcoholic beverages. In summary, the business model of Tsingtao Brewery Co Ltd is built on a solid foundation and offers a wide range of products and services. Through a focus on high-quality products and continuous investment in research and development, the company has managed to build a strong presence in markets in China and beyond.

The expected revenue of Tsingtao Brewery Co is 32.09 B CNY. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Tsingtao Brewery Co is 4.64 B CNY. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Tsingtao Brewery Co is currently 14.95. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Tsingtao Brewery Co stock.

The price-to-sales ratio (P/S) of Tsingtao Brewery Co is currently 2.16. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Tsingtao Brewery Co stock.

The Eulerpool Quality Score for Tsingtao Brewery Co is 4/10.

The ISIN of Tsingtao Brewery Co is CNE0000009Y3. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Tsingtao Brewery Co is 600600.SS. The ticker symbol is used to trade Tsingtao Brewery Co shares on the stock exchange.

Over the past 12 months, Tsingtao Brewery Co paid a dividend of 2.20 CNY . This corresponds to a dividend yield of about 4.33 %. For the coming 12 months, Tsingtao Brewery Co is expected to pay a dividend of 3.17 CNY.

The current dividend yield of Tsingtao Brewery Co is 4.33 %.

Tsingtao Brewery Co pays a dividend, distributed in the months of July, June.

Tsingtao Brewery Co paid dividends every year for the past 26 years.

For the upcoming 12 months, dividends amounting to 3.17 CNY are expected. This corresponds to a dividend yield of 6.24 %.

Tsingtao Brewery Co is assigned to the 'Non-cyclical consumption' sector.

To receive the latest dividend of Tsingtao Brewery Co from 6/27/2025 amounting to 2.2 CNY, you needed to have the stock in your portfolio before the ex-date on 6/27/2025.

The last dividend was paid out on 6/27/2025.

In the year 2025, Tsingtao Brewery Co distributed 2.2 CNY as dividends.

The dividends of Tsingtao Brewery Co are distributed in CNY.

Fair ValuePRO
47.71 CNY
Over-/UndervaluationPRO
Fairly valued
Expected Return
6.18 %
Industry
Beverages
Number of shares
Employees
Revenue per Employee
849,286.87 CNY
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
China
Currency
CNY
Initial public offering
Aug 27, 1993
ISIN
CNE0000009Y3
Cusip
Y8997D110
Sedol
6902854
Market capitalization
69.21 B CNYLarge Cap
52-Week Range
50.5168.19CNY
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
-34.17
P/E ratio
P/Ee 2026
14.92
P/Ee 2027
14.58
P/Ee 2028
13.59
P/Ee 2029
15.19
P/S
P/Se
2.16
EV/EBIT
13.41
P/B Ratio
2.26
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
14.97 %
Gross Margin
36.49 %
EBIT Margin
17.03 %
Net Margin
15.14 %
EPS (Earnings Per Share)
3.36 CNY
Net Debt / EBIT
Debt/Equity
0.01
Dividend
Dividend yield
4.33 %
Est. Dividend Yield
5.20 %
Payout Ratio
65.41 %
Dividend growth Ø5Y
24.01 %
Dividend payments per year
1
Dividend paid since
26 years
Dividend not reduced since
8 years
Dividend increased since
8 years
Dividend withholding tax
10.00 %
Last updated Sep 16, 2026, 9:50 AM

Tsingtao Brewery Co Ticker

SHH · 600600.SS

Tsingtao Brewery Co FIGI

600600:CH · BBG000BJHKV8600600:CG · BBG000BJHMM4600600:C1 · BBG00709HXP6