Tsingtao Brewery Co (Tsingtao Brewery Co) Beginning Cash Position : $1,623 Mil (As of Dec. 2023)

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What is Tsingtao Brewery Co Beginning Cash Position?

Tsingtao Brewery Co's Beginning Cash Position for the quarter that ended in Dec. 2023 was $1,623 Mil.

Tsingtao Brewery Co's quarterly Beginning Cash Position increased from Jun. 2023 ($1,458 Mil) to Sep. 2023 ($1,832 Mil) but then declined from Sep. 2023 ($1,832 Mil) to Dec. 2023 ($1,623 Mil).

Tsingtao Brewery Co's annual Beginning Cash Position declined from Dec. 2021 ($2,770 Mil) to Dec. 2022 ($1,695 Mil) but then increased from Dec. 2022 ($1,695 Mil) to Dec. 2023 ($1,798 Mil).

Tsingtao Brewery Co Beginning Cash Position Historical Data

The historical data trend for Tsingtao Brewery Co's Beginning Cash Position 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 Beginning Cash Position Chart

Tsingtao Brewery Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Beginning Cash Position

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1,661.50

2,226.14

2,770.03

1,694.53

1,798.25

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
Beginning Cash Position	Get a 7-Day Free Trial															1,712.57	1,863.31	1,458.43	1,831.56	1,623.41

Tsingtao Brewery Co Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Tsingtao Brewery Co Beginning Cash Position 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:TSGTY) » Definitions » Beginning Cash Position

Traded in Other Exchanges

TSGTF:USA 00168:Hong Kong TSI:Germany TSI:Germany 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.