Tsingtao Brewery Co (SHSE:600600) ROE % Adjusted to Book Value : 5.16% (As of Sep. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Tsingtao Brewery Co ROE % Adjusted to Book Value?

Tsingtao Brewery Co's ROE % for the quarter that ended in Sep. 2024 was 18.54%. Tsingtao Brewery Co's PB Ratio for the quarter that ended in Sep. 2024 was 3.59. Tsingtao Brewery Co's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2024 was 5.16%.

Tsingtao Brewery Co ROE % Adjusted to Book Value Historical Data

The historical data trend for Tsingtao Brewery Co's ROE % Adjusted to Book Value 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.

* Premium members only.

Tsingtao Brewery Co ROE % Adjusted to Book Value Chart

Tsingtao Brewery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROE % Adjusted to Book Value

Get a 7-Day Free Trial

2.78

1.68

2.47

2.66

4.33

Tsingtao Brewery Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															5.10	-2.48	5.78	8.13	5.16

Competitive Comparison of Tsingtao Brewery Co's ROE % Adjusted to Book Value

For the Beverages - Brewers subindustry, Tsingtao Brewery Co's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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's ROE % Adjusted to Book Value Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Tsingtao Brewery Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Tsingtao Brewery Co's ROE % Adjusted to Book Value falls into.

Tsingtao Brewery Co ROE % Adjusted to Book Value Calculation

Tsingtao Brewery Co's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	16.12%	/	3.72
	=	4.33%

Tsingtao Brewery Co's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2024 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	18.54%	/	3.59
	=	5.16%

Tsingtao Brewery Co ROE % Adjusted to Book Value Related Terms

Thank you for viewing the detailed overview of Tsingtao Brewery Co's ROE % Adjusted to Book Value provided by GuruFocus.com. Please click on the following links to see related term pages.

Tsingtao Brewery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tsingtao Brewery Co Ltd (SHSE:600600) » Definitions » ROE % Adjusted to Book Value

Traded in Other Exchanges

TSGTY:USA TSGTF:USA 00168:Hong Kong TSI0:Germany TSI:Germany TSI:Germany 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 close to 60% of its revenue and net profit in 2023. 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.

Executives

Huang Ke Xing	Director
Jiang Zong Xiang	Director
Zhang Rui Xiang	senior management
Yu Zeng Biao	Director
Wang Rui Yong	Director
Yu Zhu Ming	Director
Wang Shao Bo	senior management
Xu Nan	senior management
Cai Zhi Wei	senior management
Huang Zu Jiang	Supervisors
Cao Xiang Dong	Supervisors
Jiang Hong	senior management
Zhang Xue Ju	senior management
Yan Xu	senior management
Liu Ying Di	Director

Tsingtao Brewery Co Headlines

No Headlines