Tsingtao Brewery Co Ltd

Common Name
Tsingtao Brewery
Country
China (Mainland)
Sector
Consumer Defensive
Industry
Beverages - Brewers
Employees
29,870
Ticker
600600
Exchange
SHANGHAI STOCK EXCHANGE
Description
Tsingtao Brewery Co., Ltd. is a prominent player in the beverage and alcoholic beverage industry, primarily focusing on the production and distribution of beer. As one of China's oldest breweries, fou...

Financial Statements of Tsingtao Brewery

Below are the financial statements of Tsingtao Brewery, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of CNY20242023
Revenue
32,137.83a
33,936.52a
Less: cost of sales
-19,209.92a
-20,816.89a
Taxes and surcharges
-2,328.26a
-2,386.66a
Selling and distribution expenses
-4,602.52a
-4,708.4a
General and administrative expenses
-1,406.58a
-1,519.06a
Research and development expenses
-102.77a
-100.64a
Finance expenses
-567.77a
-457.12a
Including: interest expenses
-21.84a
-16.43a
Interest income
616.77a
506.38a
Add: other income
501.41a
391.12a
Investment income
117.79a
172.04a
Including: share of profit of associates and a joint venture
48.27a
15.8a
Profits arising from changes in fair value (losses are listed with "-")
199.52a
230.26a
Credit impairment losses (losses are listed with "-")
-0.34a
-14.31a
Asset impairment losses (losses are listed with "-")
-35.78a
-82.85a
Gains on disposals of assets (losses are listed with "-")
4.27a
178.58a
Operating profit
5,843.12a
5,736.83a
Add: non-operating income
73.14a
22.62a
Less: non-operating expenses
-34.77a
-13.04a
Total profit
5,881.49a
5,746.41a
Less: income tax expenses
-1,389.72a
-1,398.21a
Net profit
4,491.78a
4,348.2a
Net profit from continuing operations
4,491.78a
4,348.2a
Classified by ownership of the equity:
Attributable to shareholders of the Company
4,344.98a
4,267.85a
Attributable to non-controlling interests
146.79a
80.35a

Verified Sources Behind Tsingtao Brewery’s Financial Fundamentals Data

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a. Tsingtao Brewery's Annual Report 2024
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