China Resources Beer (Holdings) Co (HKSE:00291) 3-Year Book Growth Rate : 11.30% (As of Jun. 2023)

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What is China Resources Beer (Holdings) Co 3-Year Book Growth Rate?

China Resources Beer (Holdings) Co's Book Value per Share for the quarter that ended in Jun. 2023 was HK$10.36.

During the past 12 months, China Resources Beer (Holdings) Co's average Book Value per Share Growth Rate was 4.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 11.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 8.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was -5.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of China Resources Beer (Holdings) Co was 16.40% per year. The lowest was -33.60% per year. And the median was 10.10% per year.

Competitive Comparison of China Resources Beer (Holdings) Co's 3-Year Book Growth Rate

For the Beverages - Brewers subindustry, China Resources Beer (Holdings) Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Resources Beer (Holdings) Co's 3-Year Book Growth Rate Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, China Resources Beer (Holdings) Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where China Resources Beer (Holdings) Co's 3-Year Book Growth Rate falls into.

China Resources Beer (Holdings) Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

China Resources Beer (Holdings) Co (HKSE:00291) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

China Resources Beer (Holdings) Co 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of China Resources Beer (Holdings) Co's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

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 » 3-Year Book Growth Rate

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.

China Resources Beer (Holdings) Co (HKSE:00291) Headlines

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