Tsingtao Brewery Co (Tsingtao Brewery Co) Other Gross PPE : $1,356 Mil (As of Dec. 2023)

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What is Tsingtao Brewery Co Other Gross PPE?

Tsingtao Brewery Co's Other Gross PPE for the quarter that ended in Dec. 2023 was $1,356 Mil.

Tsingtao Brewery Co's quarterly Other Gross PPE increased from Jun. 2023 ($1,317 Mil) to Sep. 2023 ($1,511 Mil) but then declined from Sep. 2023 ($1,511 Mil) to Dec. 2023 ($1,356 Mil).

Tsingtao Brewery Co's annual Other Gross PPE declined from Dec. 2021 ($1,375 Mil) to Dec. 2022 ($1,349 Mil) but then increased from Dec. 2022 ($1,349 Mil) to Dec. 2023 ($1,356 Mil).

Tsingtao Brewery Co Other Gross PPE Historical Data

The historical data trend for Tsingtao Brewery Co's Other Gross PPE can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tsingtao Brewery Co Other Gross PPE Chart

Tsingtao Brewery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Gross PPE

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1,181.41

1,324.69

1,374.81

1,349.15

1,355.67

Tsingtao Brewery Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Gross PPE	Get a 7-Day Free Trial															1,349.15	1,604.10	1,317.04	1,511.00	1,355.67

Tsingtao Brewery Co Other Gross PPE Calculation

GuruFocus lists Land And Improvements, Buildings And Improvements, Machinery, Furniture, Equipment, Construction In Progress and Other Gross PPE under the "Gross Property, Plant and Equipment" section.

Tsingtao Brewery Co (Tsingtao Brewery Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tsingtao Brewery Co Ltd (OTCPK:TSGTF) » Definitions » Other Gross PPE

Traded in Other Exchanges

TSGTY:USA 00168:Hong Kong TSI:Germany 600600:China

Address

No. 35, Donghai West Road, Tsingtao Beer Tower, Shandong Province, Qingdao, CHN, 266071

Website

https://www.tsingtao.com

With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed over 60% of its revenue and net profit in 2022. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio in recent years.