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Tsingtao Brewery Co Ltd
OTC:TSGTF

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Tsingtao Brewery Co Ltd
OTC:TSGTF
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Price: 6.71 USD 2.29% Market Closed
Market Cap: $9.2B

Net Margin

14.2%
Current
Improving
by 0.9%
vs 3-y average of 13.3%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
14.2%
=
Net Income
¥4.6B
/
Revenue
¥32.5B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
14.2%
=
Net Income
$4.6B
/
Revenue
¥32.5B

Peer Comparison

Country Company Market Cap Net
Margin
CN
Tsingtao Brewery Co Ltd
SSE:600600
85.8B CNY
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BE
Anheuser Busch Inbev SA
XETRA:1NBA
125.9B EUR
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BE
Anheuser-Busch Inbev SA
MIL:ABI
114B EUR
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NL
Heineken NV
AEX:HEIA
41.6B EUR
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BR
Ambev SA
BOVESPA:ABEV3
239.7B BRL
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NL
Heineken Holding NV
AEX:HEIO
18.7B EUR
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DK
Carlsberg A/S
CSE:CARL B
124.3B DKK
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JP
Asahi Group Holdings Ltd
TSE:2502
2.6T JPY
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HK
Budweiser Brewing Company APAC Ltd
HKEX:1876
108.2B HKD
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JP
Kirin Holdings Co Ltd
TSE:2503
2T JPY
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HK
China Resources Beer Holdings Co Ltd
HKEX:291
88.3B HKD
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Market Distribution

Higher than 81% of companies in China
Percentile
81th
Based on 8 721 companies
81th percentile
14.2%
Low
-416 945.9% — -1.5%
Typical Range
-1.5% — 8.9%
High
8.9% — 17 382.1%
Distribution Statistics
China
Min -416 945.9%
30th Percentile -1.5%
Median 3.5%
70th Percentile 8.9%
Max 17 382.1%

Tsingtao Brewery Co Ltd
Glance View

Tsingtao Brewery Co Ltd, founded in 1903 by German settlers in Qingdao, is a stalwart in China's beer industry and a prime example of blending heritage with modernity. As one of China's oldest breweries, Tsingtao has leveraged its historical roots and cultural significance to establish itself as a global brand. Combining traditional brewing techniques with state-of-the-art technology, Tsingtao has been able to produce a distinctive beer characterized by its crisp flavor and subtle hops aroma, appealing to both domestic and international palates. The company’s prominence is bolstered by its extensive distribution network, which spans over 100 countries, making it a pillar in the global beer market. Central to Tsingtao’s success is its diversified revenue model, derived primarily from the production and sale of beer and related products. By maintaining a broad range of offerings—from its flagship Tsingtao Beer and premium products to various local labels—Tsingtao can effectively cater to different segments of the market. The company's strategic focus on innovation in brewing, supported by its robust supply chain management, enables it to adapt to changing consumer preferences while ensuring efficiency in operations. Additionally, Tsingtao invests in substantial marketing efforts and brand collaborations, enhancing its visibility and consumer engagement across various platforms, which in turn sustains its strong market position and drives profitability.

TSGTF Intrinsic Value
5.22 USD
Overvaluation 22%
Intrinsic Value
Price
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
14.2%
=
Net Income
¥4.6B
/
Revenue
¥32.5B
What is Tsingtao Brewery Co Ltd's current Net Margin?

The current Net Margin for Tsingtao Brewery Co Ltd is 14.2%, which is above its 3-year median of 13.3%.

How has Net Margin changed over time?

Over the last 3 years, Tsingtao Brewery Co Ltd’s Net Margin has increased from 11.7% to 14.2%. During this period, it reached a low of 11.5% on Dec 31, 2022 and a high of 14.2% on Sep 30, 2025.

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