Tsingtao Brewery Co (Tsingtao Brewery Co) Total Tax Payable : $48 Mil (As of Dec. 2023)

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What is Tsingtao Brewery Co Total Tax Payable?

Tsingtao Brewery Co's Total Tax Payable for the quarter that ended in Dec. 2023 was $48 Mil.

Tsingtao Brewery Co's quarterly Total Tax Payable declined from Jun. 2023 ($184 Mil) to Sep. 2023 ($105 Mil) and declined from Sep. 2023 ($105 Mil) to Dec. 2023 ($48 Mil).

Tsingtao Brewery Co's annual Total Tax Payable declined from Dec. 2021 ($134 Mil) to Dec. 2022 ($111 Mil) and declined from Dec. 2022 ($111 Mil) to Dec. 2023 ($48 Mil).

Tsingtao Brewery Co Total Tax Payable Historical Data

The historical data trend for Tsingtao Brewery Co's Total Tax Payable 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 Total Tax Payable Chart

Tsingtao Brewery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Tax Payable

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73.15

83.81

134.09

110.72

48.11

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
Total Tax Payable	Get a 7-Day Free Trial															110.72	146.59	184.45	105.08	48.11

Tsingtao Brewery Co Total Tax Payable Calculation

Total Tax Payable is the taxes liability owed to federal, state, and local tax authorities. It is the carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.

Tsingtao Brewery Co Total Tax Payable 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 » Total Tax Payable

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.