China Resources Beer (Holdings) Co (HKSE:00291) Purchase Of Business : HK$-10,751 Mil (TTM As of Dec. 2023)

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What is China Resources Beer (Holdings) Co Purchase Of Business?

China Resources Beer (Holdings) Co's purchase of business for the six months ended in Dec. 2023 was HK$-131 Mil. It means China Resources Beer (Holdings) Co spent HK$131 Mil on purchasing business. China Resources Beer (Holdings) Co's purchase of business for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-10,751 Mil.

Compared with last quarter (HK$-10,620 Mil in Jun. 2023 ), China Resources Beer (Holdings) Co spent less money on purchasing business in Dec. 2023 (HK$-131 Mil).

China Resources Beer (Holdings) Co Purchase Of Business Historical Data

The historical data trend for China Resources Beer (Holdings) Co's Purchase Of Business 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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China Resources Beer (Holdings) Co Purchase Of Business Chart

China Resources Beer (Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Purchase Of Business

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-2,465.86

-1,533.03

-547.19

-10,750.75

China Resources Beer (Holdings) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Purchase Of Business	Get a 7-Day Free Trial															-	-	-	-10,619.52	-131.25

China Resources Beer (Holdings) Co Purchase Of Business Calculation

The amount used to purchase business.

Purchase Of Business for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-10,751 Mil.

China Resources Beer (Holdings) Co Purchase Of Business Related Terms

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China Resources Beer (Holdings) Co (HKSE:00291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » China Resources Beer (Holdings) Co Ltd (HKSE:00291) » Definitions » Purchase Of Business

Comparable Companies

Traded in Other Exchanges

CRHKY:USA CHK:Germany

Address

No. 26 Harbour Road, Room 2301 and 2310, 23rd Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crbeer.com.hk

China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 24%, versus 18% of Tsingtao and 16% of Budweiser APAC, based on Euromonitor data.

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