600600 Tsingtao Brewery
- 79.00
- +0.38+0.48%
Tsingtao Brewery News
青島啤酒股份：2023 年度報告
Hong Kong Stock Afternoon Review | The three major indices strengthened, and the Tech Index rose nearly 3%; TechNet stocks had the highest gains, with Kuaishou up more than 7% and Meituan up more than 6%
Auto stocks had mixed ups and downs. NIO rose more than 5%, Ideal Auto fell more than 3%; many copper stocks fell, and China's nonferrous mining and mining resources fell nearly 3%.
A quick look at the Hong Kong market | The three major indices have risen one after another. Technet stocks have generally risen, Tencent and Meituan have risen by more than 5%; Ideal has fallen by more than 8%
Many coal stocks fell sharply; Mongolian coking coal and China Coal Energy fell more than 6%; petroleum stocks fell, CNOOC Services fell more than 3%, and CNPC fell nearly 3%.
Intraday Overview | The three major indices all rose more than 2%! Tencent and Meituan increased by about 5%
TechNet stocks strengthened, with Kuaishou, JD, and NetEase up about 4%, and Bilibili and Alibaba about 3%.
Changes in Hong Kong stocks | China Resources Breweries (00291) rose nearly 7%, leading the beer stock industry is about to break out of a high sales base, institutions say the peak season is worth looking forward to
Beer stocks picked up in early trading. As of press release, China Resources Brewery (00291) rose 6.81% to HK$34.5; Tsingtao Brewery shares (00168) rose 5.73% to HK$54.4; and Budweiser Asia Pacific (01876) rose 2.99% to HK$10.34.
Dongwu Securities: The beer industry is still in the structural upgrade dividend period, and the 2024 peak season is worth looking forward to
The Zhitong Finance App learned that Dongwu Securities released a research report saying that beer is selling well in 2024Q1. This year, various wine companies will make structural improvements and profit protection their strategic priorities this year to further cultivate their strong markets. There is room for price increases and fee reductions for some products, and structural upgrades continue. At the same time, companies tend to control spending in competitors' strong markets to improve cost efficiency. Profitability is expected to continue to improve. With the pro-cyclical scenario recovering, the 2024 peak season is worth looking forward to. Currently, the stock prices of high-quality stocks with performance support in the sector are at the lower limit of historical valuation, and there is plenty of room for improvement. Recommended: Tsingtao Brewery (60060
Changes in Hong Kong stocks | The collective recovery of beer stocks during the peak season catalyzes falling costs or releasing dividends, and there is still plenty of room for high-end beer
Beer stocks picked up collectively. As of press release, Tsingtao Brewery shares (00168) rose 3.6% to HK$53.3; China Resources (00291) rose 2.49% to HK$32.9; and Budweiser Asia Pacific (01876) rose 1.42% to HK$10.02.
Tsingtao Brewery (600600.SH) 2023 Results Meeting: The main brand achieved a total of 4.56 million kiloliters of product sales in 2023, an increase of 2.7% year-on-year
On April 12, Tsingtao Brewery (600600.SH) said at the 2023 annual performance briefing that with its excellent quality and well-known brand influence, Tsingtao Brewery has made great strides in the domestic middle and high-end market in recent years. In 2023, Tsingtao Brewery's main brand achieved a total sales volume of 4.56 million kiloliters, an increase of 2.7% over the previous year; among them, products above the middle and high-end achieved sales volume of 3.24 million kiloliters, an increase of 10.5% over the previous year. It has led to a continuous increase in the price of 1,000 litres of sake.
Tsingtao Brewer-H (0168.HK): 4Q23 is affected by one-time expenses, gross margin is expected to increase at an accelerated pace in 2024
4Q23 The profit side was dragged down by the increase in one-time marketing expenses. The trend of product upgrades is unaffected, and the adjusted net profit margin is expected to increase at an accelerated pace in 2024. Reiterating the “Buy” rating, the target price was slightly lowered to HK$101.00 (1
Fangzheng Securities: There is still plenty of room for high-end beer to welcome value layout opportunities under undervaluation
Fangzheng Securities released a research report saying that there is still plenty of high-end space and strong certainty. The current valuation is at a historically low level, which has ushered in value layout opportunities. The bank believes that the current leading valuation has fallen back to a low level of nearly five years, and there are value layout opportunities. It is recommended to focus on China Resources Beer (00291.HK), which has “an alpha single product Heinekinek+strong channel control”; Tsingtao Brewery (600600.SH), which “has strong control over the base market and obvious acceleration of the non-base market”; “the reform process is accelerated and profits continue to be realized” Yanjing Beer (000729.SZ); the emphasis on “continuous channel reform, outstanding brand matrix characteristics”
Fangzheng Securities: There is still plenty of high-end space, and the beer sector ushered in value layout opportunities
According to Fangzheng Securities, there is still plenty of room for high-end beer and strong certainty. Currently, the beer industry's valuation is at a historically low level, ushering in value layout opportunities.
Huajin Securities released a research report on April 10 stating that it gave Tsingtao Brewery (600600.SH) a purchase rating. The main reasons for the rating include: 1) revenue analysis: the high-end process is progressing steadily, and the base market i
Huajin Securities released a research report on April 10 stating that it gave Tsingtao Brewery (600600.SH) a purchase rating. The main reasons for the rating include: 1) revenue analysis: the high-end process is progressing steadily, and the base market is growing brilliantly; 2) profit analysis: upgrading the product structure to drive increased profitability. (Mainichi Keizai Shimbun)
Tsingtao Brewery Co., Ltd. (00168.HK) plans to hold a board meeting on April 29 to approve the first quarter results
Gelonghui, April 9, 丨 Tsingtao Brewery Co., Ltd. (00168.HK) announced that the company will hold a board meeting on April 29, 2024 (Monday) to approve (among other things) the unaudited first quarter results of the company and its subsidiaries for the three months ending March 31, 2024 in accordance with China's accounting standards and their release.
TSINGTAO BREW: ANNOUNCEMENT OF DATE OF BOARD MEETING
Caixin Securities released a research report on April 9 stating that it gave Tsingtao Brewery (600600.SH) an increase in its holdings. The main reasons for the rating include: 1) revenue and profit have all increased; 2) industry demand has recovered weak
Caixin Securities released a research report on April 9 stating that it gave Tsingtao Brewery (600600.SH) an increase in its holdings. The main reasons for the rating include: 1) revenue and profit have all increased; 2) industry demand has recovered weakly, and the company's high-end trend has not been changed; 3) the compounded cost of the tonnage price increase has entered a volatile downward phase, and profits have been effectively released. (Mainichi Keizai Shimbun)
Big Bank Rating | Goldman Sachs: Raising Tsingtao Brewery's Target Price to HK$73.7 for “Buy”
Glonghui, April 8 | Goldman Sachs released a report raising Tsingtao Brewery's earnings forecast for this year to 2026 by 1% to 3% to reflect that last year's performance was better than expected, and the increase in average selling price drove an improvement in gross margin. It is estimated that this year's sales and net profit increased by 2.5% and 16% respectively. Its target price for H shares was raised from HK$71.3 to HK$73.7, with a rating of “buy”.
Hong Kong beer stocks fluctuated and fell. Budweiser Asia Pacific fell more than 6.5%, China Resources Beer fell more than 5%, and Tsingtao Brewery shares fell nearly 1.5%.
Hong Kong beer stocks fluctuated and fell. Budweiser Asia Pacific fell more than 6.5%, China Resources Beer fell more than 5%, and Tsingtao Brewery shares fell nearly 1.5%.
Tsingtao Brewery (600600): Increased prices drive growth and improved profitability
Incident: The company released its 2023 annual report and achieved annual revenue/net profit of 339.37/4.268 billion yuan, an increase of 5.49%/15.02% over the previous year. Of these, Q4 achieved revenue of 2,958 billion yuan,
Tsingtao Brewery (600600): Revenue is in line with expectations, and the structural upgrade is impressive
Key investment events: Achieved operating income of 33.937 billion yuan (+5.49%) in 23; net profit to mother of 4.268 billion yuan (+15.02%); net profit after deducting non-return to mother of 3,721 billion yuan (+15.94)
Express News | Zheshang Securities: Volkswagen will maintain a gradual recovery in 2024
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