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:
Hitejinro Holdings Company Limited
of South Korea
(2017
sales of 1.88 trillion Korean Won [US$1.76 billion]
of which 55%
was Korean Distilled Sipirits),
Saigon Beer Alcohol Beverage Corp
of Vietnam
(34.19 trillion Dong [US$1.50 billion]
of which 88%
was Finish Goods), and
Sapporo Holdings Limited
which is
based in Japan
(551.55 billion Japanese Yen [US$5.16 billion]
of which 51%
was Domestic alcohol).
Sales Analysis.
During the year ended December of 2017, sales at
Tsingtao Brewery Company Limited were 24.57 billion Chinese Renmimbi (US$3.91 billion).
This
is
a very small
increase of 1.0%
versus 2016, when the company's sales were 24.33 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2015, when Tsingtao Brewery Company Limited
reported sales of 26.02 billion Chinese Renmimbi.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Tsingtao Brewery Company Limited had sales
of 25.78 billion Chinese Renmimbi.
Sales of Hong Kong, Macau and Other Overseas saw an increase
that was more than double the company's growth rate: sales were up
15.7% in 2017, from
598.73 million Chinese Renmimbi to 692.92 million Chinese Renmimbi.
Tsingtao Brewery Company Limited also saw significant increases in sales in
Shandong Region (up 3.7% to 14.29 billion Chinese Renmimbi)
and
Huabei Region (up 4.6% to 4.41 billion Chinese Renmimbi)
.
Not all segments of Tsingtao Brewery Company Limited experienced an increase in sales in 2017:
sales of Finance Company fell 78.1% to 700,800.00 Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Tsingtao Brewery Company Limited also experienced decreases in sales in
Huanan Region (down 4.0% to 3.16 billion Chinese Renmimbi)
and
Dongnan Region (down 36.0% to 925.21 million Chinese Renmimbi)
and
Unallocated (down 10.3% to 1.78 million Chinese Renmimbi)
.