Chongqing Brewery CoSHSE:600132 +1.57%87 Net Margin % is 10.06% as of Mar. 2026, which is 12% above its 10-year median of 9.01. GuruFocus rates SHSE:600132 with a GF Score™ of 87/100 and a GF Value™ of ¥58.33 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 211 Beverages - Alcoholic companies, Chongqing Brewery Co ranks better than 62.09% on this metric.
The historical rank and industry rank for Chongqing Brewery Co's Net Margin % or its related term are showing as below:
SHSE:600132'
s Net Margin % Range Over the Past 10 Years
Min: 5.66 Med: 9.01 Max: 11.65
Current: 8.13
SHSE:600132's Net Margin % is ranked better than 62.09% of 211
companies
in the Beverages - Alcoholic industry
Industry Median: 4.65
vs SHSE:600132: 8.13
Chongqing Brewery Co (SHSE:600132) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Chongqing Brewery Co Net Margin % Related Terms
Chongqing Brewery Co Net Margin % Historical Data
* Premium members only.
The historical data trend for Chongqing Brewery Co's Net Margin % 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, Chongqing Brewery Co's Net Margin %, along with its competitors' market caps and Net Margin % 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.
Chongqing Brewery Co Net Margin % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Chongqing Brewery Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Chongqing Brewery Co's Net Margin % falls into.
* 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.
Chongqing Brewery Co (SHSE:600132) has a Net Margin % of 10.06% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Chongqing Brewery Co and its competitors. This is 12% above median its historical median of 9.01. Over the past decade, Chongqing Brewery Co's Net Margin % has ranged from 5.66 to 11.65. According to the industry distribution chart, Chongqing Brewery Co ranks #80 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 37.9%.
Is Chongqing Brewery Co's Net Margin % too high?
Chongqing Brewery Co's current Net Margin % of 10.06% is 12% above median its 10-year median of 9.01. Over the past 10 years, this metric has ranged from a low of 5.66 to a high of 11.65. The Beverages - Alcoholic industry median Net Margin % is 4.65. Chongqing Brewery Co's value of 10.06% is 116.3% above this industry median. Based on the distribution chart, Chongqing Brewery Co ranks #80 out of 211 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Chongqing Brewery Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Brewery Co's Net Margin % compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Chongqing Brewery Co ranks #80 out of 211 companies for Net Margin %. This puts Chongqing Brewery Co in the upper half of its industry. The industry median Net Margin % is 4.65. Chongqing Brewery Co's value of 10.06% is 116.3% above this benchmark. Historically, Chongqing Brewery Co's own Net Margin % has ranged from 5.66 to 11.65 over the past decade. While the company's 10-year median is 9.01 vs. the industry median of 4.65, Chongqing 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 Net Margin % for a Beverages - Alcoholic company?
The median Net Margin % among Beverages - Alcoholic companies is 4.65, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chongqing Brewery Co's current Net Margin % of 10.06% is 116.3% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Chongqing Brewery Co and its competitors. For the Beverages - Alcoholic industry, the median Net Margin % is 4.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Brewery Co's current Net Margin % is 10.06%, which is 12% above median its own 10-year median of 9.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Brewery Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Brewery Co (SHSE:600132) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥58.33, compared to a current price of ¥41.95 — trading 28.1% below its estimated fair value. The current Net Margin % is 10.06%, which is 12% above median its 10-year median of 9.01 and 116.3% above the Beverages - Alcoholic industry median of 4.65. Chongqing Brewery Co's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Chongqing Brewery Co (SHSE:600132), the current Net Margin % is 10.06% 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 Chongqing Brewery Co (SHSE:600132) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Brewery Co stock appears to be undervalued.
The current stock price of ¥41.95 is trading 28.1% below its estimated GF Value™ of ¥58.33.
GuruFocus considers Chongqing Brewery Co to be Modestly Undervalued.
Key valuation signals for SHSE:600132:
Net Margin %: 10.06% (12% above median its 10-year median of 9.01)
GF Value™: ¥58.33 vs. price of ¥41.95 (28.1% below fair value)
Industry Position: 116.3% above the Beverages - Alcoholic median (#80 of 211)
No single metric tells the full story. See the SHSE:600132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Established in 1958 in Chongqing city, Chongqing Brewery is one of the major beer brewers in China with a strong presence in the west. The company distributes a beer portfolio consisting of international brands, such as Carlsberg, Tuborg, 1664, and domestic brands such as Chongqing. In 2013, the company became a subsidiary of Carlsberg Group after the latter acquired a 60% stake in the company. It became the sole operating platform of Carlsberg Group's China business in 2020, after the group injected all its China beer assets into Chongqing Brewery.
87GF Score
Get the complete analysis for SHSE:600132
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600132 has been successfully added to your 
