China Resources Beer (Holdings) Co (HKSE:00291) Other Operating Expense : HK$-1,611 Mil (TTM As of Dec. 2023)

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What is China Resources Beer (Holdings) Co Other Operating Expense?

China Resources Beer (Holdings) Co's Other Operating Expense for the six months ended in Dec. 2023 was HK$-1,000 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1,611 Mil.

China Resources Beer (Holdings) Co's quarterly Other Operating Expense declined from Dec. 2022 (HK$-546 Mil) to Jun. 2023 (HK$-611 Mil) and declined from Jun. 2023 (HK$-611 Mil) to Dec. 2023 (HK$-1,000 Mil).

China Resources Beer (Holdings) Co's annual Other Operating Expense increased from Dec. 2021 (HK$-1,504 Mil) to Dec. 2022 (HK$-1,126 Mil) but then declined from Dec. 2022 (HK$-1,126 Mil) to Dec. 2023 (HK$-1,611 Mil).

China Resources Beer (Holdings) Co Other Operating Expense Historical Data

The historical data trend for China Resources Beer (Holdings) 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.

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China Resources Beer (Holdings) Co Other Operating Expense Chart

China Resources Beer (Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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-664.31

-1,479.42

-1,503.65

-1,125.65

-1,611.14

China Resources Beer (Holdings) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Operating Expense	Get a 7-Day Free Trial															-713.87	-608.37	-546.07	-611.42	-999.71

China Resources Beer (Holdings) 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1,611 Mil.

China Resources Beer (Holdings) Co Other Operating Expense Related Terms

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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 » Other Operating Expense

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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