China Resources Beer Holdings Co Ltd
HKEX:291

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China Resources Beer Holdings Co Ltd
HKEX:291
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Price: 25.15 HKD -2.14% Market Closed
Market Cap: 81.6B HKD
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China Resources Beer Holdings Co Ltd
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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China Resources Beer Holdings Co Ltd
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
China Resources Beer Holdings Co Ltd
HKEX:291
Tax Provision
-ÂĄ1.9B
CAGR 3-Years
-1%
CAGR 5-Years
-20%
CAGR 10-Years
N/A
S
San Miguel Brewery Hong Kong Ltd
HKEX:236
Tax Provision
HK$21.4m
CAGR 3-Years
154%
CAGR 5-Years
N/A
CAGR 10-Years
20%
Budweiser Brewing Company APAC Ltd
HKEX:1876
Tax Provision
-$447m
CAGR 3-Years
-6%
CAGR 5-Years
-9%
CAGR 10-Years
N/A
No Stocks Found

China Resources Beer Holdings Co Ltd
Glance View

Market Cap
81.6B HKD
Industry
Beverages

China Resources Beer Holdings Co Ltd, often abbreviated to CR Beer, operates as a formidable force in the beverage industry, having carved its niche primarily in the beer segment. This Hong Kong-listed company is renowned for its flagship brand, Snow Beer, which has become a household name across China, consistently ranked as one of the top-selling beers globally by volume. CR Beer's strategic focus is on leveraging China's vast and diverse consumer base, where beer consumption remains an integral part of the social and culinary fabric. The company's operations extend from brewing to distribution, ensuring a significant presence in both urban centers and rural locales. Their robust distribution network and localized brewing facilities allow them to maintain efficiency and reduce costs, contributing to their substantial revenue streams. The company’s revenue model hinges on a combination of high-volume sales and strategic partnerships. Several years ago, CR Beer took a strategic step by forming a joint venture with the global giant, Heineken, thereby unloading international brands into its portfolio and gaining expertise in higher premium segments. While mass-market sales continue to underpin their business, there is a pronounced shift towards premiumization, riding on the rising disposable incomes and changing tastes of Chinese consumers. Investments in marketing and branding have helped the company maintain its market dominance, while also reinforcing loyalty amid fierce competition from both domestic players and international brands expanding their footprint in China. Through innovation in brewing and a keen eye on consumer trends, CR Beer not only sustains its prominent market position but also continually seeks out growth opportunities.

Intrinsic Value
41.22 HKD
Undervaluation 39%
Intrinsic Value
Price

See Also

What is China Resources Beer Holdings Co Ltd's Tax Provision?
Tax Provision
-1.9B CNY

Based on the financial report for Jun 30, 2024, China Resources Beer Holdings Co Ltd's Tax Provision amounts to -1.9B CNY.

What is China Resources Beer Holdings Co Ltd's Tax Provision growth rate?
Tax Provision CAGR 5Y
-20%

Over the last year, the Tax Provision growth was -45%. The average annual Tax Provision growth rates for China Resources Beer Holdings Co Ltd have been -1% over the past three years , -20% over the past five years .

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