TSGTY (Tsingtao Brewery Co) Other Operating Expense: $824 Mil (TTM As of Mar. 2026)


TSGTY Tsingtao Brewery Co Ltd TSGTY
87 GF Score
Price $29.00
GF Value $34.83
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Tsingtao Brewery Co Other Operating Expense?

Tsingtao Brewery Co TSGTY +0.61% 87 Other Operating Expense is $824 Mil as of Mar. 2026. GuruFocus rates TSGTY with a GF Score™ of 87/100 and a GF Value™ of $34.83 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Tsingtao Brewery Co's Other Operating Expense for the three months ended in Mar. 2026 was $80 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $824 Mil.

Tsingtao Brewery Co's quarterly Other Operating Expense increased from Sep. 2025 ($-191 Mil) to Dec. 2025 ($575 Mil) but then declined from Dec. 2025 ($575 Mil) to Mar. 2026 ($80 Mil).

Tsingtao Brewery Co's annual Other Operating Expense declined from Dec. 2023 ($826 Mil) to Dec. 2024 ($767 Mil) but then increased from Dec. 2024 ($767 Mil) to Dec. 2025 ($827 Mil).

Tsingtao Brewery Co Other Operating Expense Historical Data

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The historical data trend for Tsingtao Brewery Co's Other Operating Expense 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.

Tsingtao Brewery Co Other Operating Expense Chart

Tsingtao Brewery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 867.39 793.93 826.08 766.82 826.57

Tsingtao Brewery Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.08 360.49 -190.56 574.51 79.97
TSGTY
87GF Score
Tsingtao Brewery Co Ltd TSGTY
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Tsingtao Brewery Co Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $824 Mil.

* 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.

What does a Other Operating Expense of $824 Mil mean?
Tsingtao Brewery Co (TSGTY) has a Other Operating Expense of $824 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on Tsingtao Brewery Co and its competitors.
Is Tsingtao Brewery Co's Other Operating Expense too high?
Tsingtao Brewery Co's current Other Operating Expense is $824 Mil. Overall, Tsingtao 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 Tsingtao Brewery Co's Other Operating Expense compare to BUD and STZ?
Tsingtao Brewery Co's Other Operating Expense of $824 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for a Beverages - Alcoholic company?
A good Other Operating Expense depends on the Beverages - Alcoholic industry context. However, Other Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Tsingtao Brewery Co and its competitors. Tsingtao Brewery Co's current Other Operating Expense is $824 Mil. 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 $34.83, compared to a current price of $29.00 — trading 16.7% below its estimated fair value. The current Other Operating Expense is $824 Mil. Tsingtao 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 Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Tsingtao Brewery Co (TSGTY), the current Other Operating Expense is $824 Mil 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 $29.00 is trading 16.7% below its estimated GF Value™ of $34.83. GuruFocus considers Tsingtao Brewery Co to be Modestly Undervalued.

Key valuation signals for TSGTY:

  • Other Operating Expense: $824 Mil
  • GF Value™: $34.83 vs. price of $29.00 (16.7% below fair value)
  • GF Score™: 87/100 with 2 warning signs

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.

Tsingtao Brewery Co Business Description

Address No. 35, Donghai West Road, Tsingtao Beer Tower, Shandong Province, Qingdao, CHN, 266071
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.
87GF Score

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Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.00
Price
$34.83
GF Value