SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'ev_to_forward_revenue' Tsingtao Brewery Co Financial Dictionary(SHSE:600600)
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Tsingtao Brewery Co


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Tsingtao Brewery Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tsingtao Brewery Co Ltd (SHSE:600600) » Definitions
Comparable Companies
SHSE:605499 SHSE:600132 SZSE:000729 SHSE:600779 SZSE:002461 SZSE:001338 SHSE:600238 SHSE:600573 SZSE:000995 SZSE:000752 XBRU:ABI XAMS:HEIA BSP:ABEV3 XAMS:HEIO HKSE:01876 OCSE:CARL B TSE:2502 HKSE:00291 TSX:TPX.B TAP
Traded in Other Exchanges
TSGTY:USA TSGTF:USA 00168:Hong Kong TSI:Germany
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.