Tsingtao Brewery Co (Tsingtao Brewery Co) Other Operating Expense : $319 Mil (TTM As of Mar. 2024)

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What is Tsingtao Brewery Co Other Operating Expense?

Tsingtao Brewery Co's Other Operating Expense for the three months ended in Mar. 2024 was $71 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was $319 Mil.

Tsingtao Brewery Co's quarterly Other Operating Expense increased from Sep. 2023 ($11 Mil) to Dec. 2023 ($68 Mil) and increased from Dec. 2023 ($68 Mil) to Mar. 2024 ($71 Mil).

Tsingtao Brewery Co's annual Other Operating Expense increased from Dec. 2021 ($319 Mil) to Dec. 2022 ($414 Mil) but then declined from Dec. 2022 ($414 Mil) to Dec. 2023 ($324 Mil).

Tsingtao Brewery Co Other Operating Expense Historical Data

The historical data trend for Tsingtao Brewery Co's Other Operating Expense 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 Operating Expense Chart

Tsingtao Brewery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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280.88

300.29

318.80

413.87

324.49

Tsingtao Brewery Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															79.08	168.01	11.10	68.32	71.42

Tsingtao Brewery Co Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $319 Mil.

Tsingtao Brewery Co Other Operating Expense Related Terms

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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 Operating Expense

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.