Tsingtao Brewery Company Limited operates within the Malt beverages sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tsingtao Brewery Company Limited with three other
breweries in Asia:
Sapporo Holdings Limited
sales of 541.85 billion Japanese Yen [US$4.88 billion]
of which 52%
was Domestic alcohol),
Beijing Yanjing Brewery Co., Ltd.
(10.57 billion Chinese Renmimbi [US$1.61 billion]
of which 106%
was Beer), and
Hitejinro Holdings Company Limited
based in South Korea
(1.90 trillion Korean Won [US$1.68 billion]
of which 54%
was Korean Distilled Sipirits).
During the year ended December of 2016, sales at
Tsingtao Brewery Company Limited were 24.33 billion Chinese Renmimbi (US$3.71 billion).
decrease of 6.5%
versus 2015, when the company's sales were 26.02 billion Chinese Renmimbi.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Tsingtao Brewery Company Limited had sales
of 23.16 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 55.0% decline
in Finance Company, from 7.09 million Chinese Renmimbi to 3.19 million Chinese Renmimbi.
There were also decreases in sales in
Shandong Region (down 0.7% to 13.78 billion Chinese Renmimbi)
Huanan Region (down 15.5% to 3.29 billion Chinese Renmimbi)
Huadong Region (down 0.8% to 2.77 billion Chinese Renmimbi)
Dongnan Region (down 38.8% to 1.45 billion Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Huabei Region (up 0.9% to 4.21 billion Chinese Renmimbi)
Hong Kong, Macau and Other Overseas (up 14.9% to 598.73 million Chinese Renmimbi)
Unallocated (up 60.3% to 1.98 million Chinese Renmimbi)