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Tsingtao Brewery CoTSGTY 77 Equity-to-Asset is 0.61 as of Mar. 2026, which is 13% above its 10-year median of 0.54. GuruFocus rates TSGTY with a GF Score™ of 77/100 and a GF Value™ of $36.40 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 212 Beverages - Alcoholic companies, Tsingtao Brewery Co ranks better than 59.43% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tsingtao Brewery Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $4,707 Mil. Tsingtao Brewery Co's Total Assets for the quarter that ended in Mar. 2026 was $7,743 Mil.
Therefore, Tsingtao Brewery Co's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.61.
The historical rank and industry rank for Tsingtao Brewery Co's Equity-to-Asset or its related term are showing as below:
TSGTY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.54 Max: 0.61
Current: 0.61
During the past 13 years, the highest Equity to Asset Ratio of Tsingtao Brewery Co was 0.61. The lowest was 0.49. And the median was 0.54.
TSGTY's Equity-to-Asset is ranked better than 59.43% of 212
companies
in the Beverages - Alcoholic industry
Industry Median: 0.545
vs TSGTY: 0.61
Tsingtao Brewery Co (OTCPK:TSGTY) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Tsingtao Brewery Co Equity-to-Asset Related Terms
Tsingtao Brewery Co Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Tsingtao Brewery Co's Equity-to-Asset 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.
For the Beverages - Brewers subindustry, Tsingtao Brewery Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Tsingtao Brewery Co Equity-to-Asset vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Tsingtao Brewery Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tsingtao Brewery Co's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Tsingtao Brewery Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Tsingtao Brewery Co (TSGTY) has a Equity-to-Asset of 0.61 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tsingtao Brewery Co and its competitors. This is 13% above median its historical median of 0.54. Over the past decade, Tsingtao Brewery Co's Equity-to-Asset has ranged from 0.49 to 0.61. According to the industry distribution chart, Tsingtao Brewery Co ranks #86 out of 212 companies in the Beverages - Alcoholic industry, placing it in the top 40.6%.
Is Tsingtao Brewery Co's Equity-to-Asset too high?
Tsingtao Brewery Co's current Equity-to-Asset of 0.61 is 13% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 0.61. The Beverages - Alcoholic industry median Equity-to-Asset is 0.55. Tsingtao Brewery Co's value of 0.61 is 11.9% above this industry median. Based on the distribution chart, Tsingtao Brewery Co ranks #86 out of 212 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Tsingtao Brewery Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsingtao Brewery Co's Equity-to-Asset compare to STZ?
According to the Beverages - Alcoholic industry distribution chart, Tsingtao Brewery Co ranks #86 out of 212 companies for Equity-to-Asset. This puts Tsingtao Brewery Co in the upper half of its industry. The industry median Equity-to-Asset is 0.55. Tsingtao Brewery Co's value of 0.61 is 11.9% above this benchmark. Historically, Tsingtao Brewery Co's own Equity-to-Asset has ranged from 0.49 to 0.61 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.55, Tsingtao Brewery Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Beverages - Alcoholic company?
The median Equity-to-Asset among Beverages - Alcoholic companies is 0.55, based on 212 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tsingtao Brewery Co's current Equity-to-Asset of 0.61 is 11.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tsingtao Brewery Co and its competitors. For the Beverages - Alcoholic industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsingtao Brewery Co's current Equity-to-Asset is 0.61, which is 13% above median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsingtao Brewery Co stock overvalued right now?
Based on GuruFocus' analysis, Tsingtao Brewery Co (TSGTY) is currently considered Modestly Undervalued. The stock's GF Value™ is $36.40, compared to a current price of $28.41 — trading 22% below its estimated fair value. The current Equity-to-Asset is 0.61, which is 13% above median its 10-year median of 0.54 and 11.9% above the Beverages - Alcoholic industry median of 0.55. Tsingtao Brewery Co's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Tsingtao Brewery Co (TSGTY), the current Equity-to-Asset is 0.61 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tsingtao Brewery Co (TSGTY) Overvalued in 2026?
Based on GuruFocus' analysis, Tsingtao Brewery Co stock appears to be undervalued.
The current stock price of $28.41 is trading 22% below its estimated GF Value™ of $36.40.
GuruFocus considers Tsingtao Brewery Co to be Modestly Undervalued.
Key valuation signals for TSGTY:
Equity-to-Asset: 0.61 (13% above median its 10-year median of 0.54)
GF Value™: $36.40 vs. price of $28.41 (22% below fair value)
Industry Position: 11.9% above the Beverages - Alcoholic median (#86 of 212)
No single metric tells the full story. See the TSGTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its core Tsingtao brand. The company commands a dominant position in its core market, Shandong province, which contributed close to 60% of its revenue and net profit in 2024. 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.
77GF Score
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