Tsingtao Brewery Co Ltd
SSE:600600

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Tsingtao Brewery Co Ltd Logo
Tsingtao Brewery Co Ltd
SSE:600600
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Price: 79.71 CNY 1.89%
Market Cap: 108B CNY
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Income Statement

Earnings Waterfall
Tsingtao Brewery Co Ltd

Revenue
31.9B CNY
Cost of Revenue
-21.3B CNY
Gross Profit
10.6B CNY
Operating Expenses
-5.8B CNY
Operating Income
4.8B CNY
Other Expenses
-464.7m CNY
Net Income
4.4B CNY

Income Statement
Tsingtao Brewery Co Ltd

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Income Statement
Currency: CNY
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
29 835
N/A
29 049
-3%
28 820
-1%
28 158
-2%
27 628
-2%
27 635
+0%
27 318
-1%
26 314
-4%
26 356
+0%
26 106
-1%
26 285
+1%
26 423
+1%
26 455
+0%
26 277
-1%
26 376
+0%
26 368
0%
26 533
+1%
26 575
+0%
27 387
+3%
27 972
+2%
27 831
-1%
27 984
+1%
26 325
-6%
27 112
+3%
27 509
+1%
27 760
+1%
30 394
+9%
30 372
0%
30 109
-1%
30 167
+0%
30 447
+1%
31 148
+2%
32 505
+4%
32 172
-1%
33 670
+5%
34 491
+2%
34 040
-1%
33 937
0%
33 380
-2%
32 413
-3%
31 918
-2%
Gross Profit
Cost of Revenue
(20 520)
(19 644)
(19 983)
(19 670)
(19 332)
(18 811)
(18 886)
(18 021)
(17 539)
(17 045)
(17 719)
(17 756)
(18 003)
(17 329)
(18 127)
(18 379)
(18 836)
(18 293)
(19 351)
(19 620)
(19 370)
(18 822)
(18 190)
(18 497)
(18 579)
(18 212)
(20 054)
(19 925)
(19 753)
(20 838)
(22 209)
(23 160)
(24 434)
(22 111)
(23 651)
(24 006)
(23 385)
(22 593)
(22 627)
(21 719)
(21 299)
Gross Profit
9 315
N/A
9 406
+1%
8 837
-6%
8 488
-4%
8 296
-2%
8 824
+6%
8 433
-4%
8 293
-2%
8 817
+6%
9 061
+3%
8 565
-5%
8 667
+1%
8 452
-2%
8 948
+6%
8 249
-8%
7 989
-3%
7 697
-4%
8 282
+8%
8 036
-3%
8 352
+4%
8 461
+1%
9 162
+8%
8 136
-11%
8 616
+6%
8 930
+4%
9 548
+7%
10 340
+8%
10 447
+1%
10 356
-1%
9 329
-10%
8 238
-12%
7 988
-3%
8 071
+1%
10 061
+25%
10 019
0%
10 485
+5%
10 655
+2%
11 343
+6%
10 753
-5%
10 694
-1%
10 619
-1%
Operating Income
Operating Expenses
(7 261)
(7 511)
(6 859)
(6 761)
(6 907)
(7 757)
(7 278)
(7 227)
(7 626)
(7 848)
(7 277)
(7 192)
(6 723)
(7 231)
(6 409)
(6 130)
(5 748)
(6 369)
(6 079)
(6 127)
(6 081)
(6 989)
(6 449)
(6 288)
(6 359)
(6 735)
(7 036)
(7 095)
(6 871)
(5 733)
(4 842)
(4 226)
(4 150)
(5 674)
(5 355)
(5 499)
(5 585)
(6 464)
(5 874)
(5 720)
(5 804)
Selling, General & Administrative
(7 255)
(7 478)
(6 862)
(6 762)
(6 907)
(7 728)
(7 275)
(7 222)
(7 621)
(7 498)
(7 270)
(7 286)
(6 872)
(7 288)
(6 924)
(6 657)
(6 282)
(6 529)
(6 454)
(6 559)
(6 578)
(7 241)
(6 889)
(6 767)
(6 781)
(6 881)
(7 407)
(7 351)
(7 277)
(6 073)
(5 137)
(4 574)
(4 461)
(5 960)
(5 802)
(5 873)
(5 868)
(6 544)
(6 086)
(6 035)
(6 094)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
(6)
(12)
(16)
(22)
(19)
(20)
(17)
(21)
(21)
(19)
(19)
(21)
(20)
(20)
(19)
(22)
(23)
(23)
(29)
(33)
(40)
(48)
(57)
(68)
(68)
(68)
(96)
(108)
(108)
(122)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
(326)
0
0
0
(330)
0
0
0
(319)
0
0
0
(310)
0
0
0
(330)
0
0
0
(304)
0
0
0
(306)
0
0
0
(316)
0
0
0
Other Operating Expenses
(5)
(34)
3
2
0
(29)
(3)
(5)
(6)
(25)
(6)
101
160
402
536
546
554
497
396
453
517
581
461
499
442
495
393
279
429
673
328
388
358
649
514
443
351
492
319
423
412
Operating Income
2 054
N/A
1 894
-8%
1 977
+4%
1 727
-13%
1 389
-20%
1 067
-23%
1 155
+8%
1 066
-8%
1 191
+12%
1 213
+2%
1 289
+6%
1 475
+14%
1 729
+17%
1 717
-1%
1 840
+7%
1 859
+1%
1 949
+5%
1 914
-2%
1 957
+2%
2 226
+14%
2 380
+7%
2 173
-9%
1 687
-22%
2 327
+38%
2 571
+10%
2 813
+9%
3 305
+17%
3 351
+1%
3 484
+4%
3 596
+3%
3 396
-6%
3 763
+11%
3 921
+4%
4 387
+12%
4 663
+6%
4 986
+7%
5 070
+2%
4 879
-4%
4 879
+0%
4 974
+2%
4 815
-3%
Pre-Tax Income
Interest Income Expense
386
392
327
323
302
346
774
747
826
433
439
449
385
453
456
514
556
598
584
574
574
587
575
565
552
573
561
591
644
566
712
765
777
650
786
791
767
759
884
905
891
Non-Reccuring Items
0
(2)
0
0
0
442
0
0
0
(6)
0
(15)
(17)
(55)
(51)
(39)
6
(134)
(8)
(4)
(50)
(62)
80
73
76
(136)
16
13
(101)
292
472
492
574
(36)
(9)
(19)
23
99
169
167
170
Gain/Loss on Disposition of Assets
0
(60)
0
0
0
(102)
(1)
(154)
(180)
(224)
(133)
23
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
374
458
324
400
438
521
399
486
671
707
623
400
191
(10)
(50)
(59)
(73)
2
(1)
11
21
29
7
(2)
(4)
(11)
12
16
24
24
22
14
10
5
9
7
3
10
8
5
7
Pre-Tax Income
2 814
N/A
2 683
-5%
2 628
-2%
2 451
-7%
2 129
-13%
2 275
+7%
2 326
+2%
2 145
-8%
2 508
+17%
2 123
-15%
2 218
+4%
2 332
+5%
2 289
-2%
2 105
-8%
2 196
+4%
2 275
+4%
2 438
+7%
2 380
-2%
2 532
+6%
2 806
+11%
2 925
+4%
2 727
-7%
2 348
-14%
2 963
+26%
3 195
+8%
3 240
+1%
3 894
+20%
3 972
+2%
4 051
+2%
4 479
+11%
4 602
+3%
5 033
+9%
5 282
+5%
5 006
-5%
5 449
+9%
5 765
+6%
5 863
+2%
5 746
-2%
5 940
+3%
6 052
+2%
5 882
-3%
Net Income
Tax Provision
(821)
(663)
(668)
(649)
(598)
(663)
(705)
(678)
(712)
(1 018)
(1 038)
(1 076)
(1 110)
(723)
(715)
(721)
(801)
(819)
(832)
(916)
(888)
(798)
(708)
(820)
(882)
(913)
(1 066)
(1 098)
(1 118)
(1 223)
(1 248)
(1 356)
(1 377)
(1 201)
(1 323)
(1 387)
(1 426)
(1 398)
(1 442)
(1 464)
(1 403)
Income from Continuing Operations
1 993
2 020
1 961
1 801
1 531
1 612
1 621
1 467
1 797
1 106
1 180
1 256
1 179
1 382
1 480
1 554
1 637
1 561
1 701
1 890
2 037
1 929
1 640
2 143
2 313
2 327
2 828
2 874
2 933
3 256
3 354
3 678
3 905
3 805
4 126
4 378
4 438
4 348
4 498
4 588
4 479
Income to Minority Interest
(5)
(29)
(36)
(17)
25
101
105
116
11
(62)
(91)
(133)
(106)
(119)
(130)
(137)
(143)
(139)
(138)
(140)
(129)
(77)
(58)
(66)
(69)
(126)
(141)
(112)
(99)
(101)
(94)
(86)
(93)
(94)
(90)
(93)
(86)
(80)
(85)
(104)
(129)
Net Income (Common)
1 988
N/A
1 990
+0%
1 925
-3%
1 784
-7%
1 556
-13%
1 713
+10%
1 726
+1%
1 584
-8%
1 808
+14%
1 043
-42%
1 089
+4%
1 123
+3%
1 073
-4%
1 263
+18%
1 351
+7%
1 417
+5%
1 493
+5%
1 422
-5%
1 563
+10%
1 751
+12%
1 908
+9%
1 852
-3%
1 582
-15%
2 077
+31%
2 244
+8%
2 201
-2%
2 686
+22%
2 762
+3%
2 834
+3%
3 155
+11%
3 260
+3%
3 592
+10%
3 812
+6%
3 711
-3%
4 036
+9%
4 284
+6%
4 351
+2%
4 268
-2%
4 414
+3%
4 484
+2%
4 350
-3%
EPS (Diluted)
1.47
N/A
1.47
N/A
1.43
-3%
1.32
-8%
1.16
-12%
1.27
+9%
1.29
+2%
1.19
-8%
1.35
+13%
0.77
-43%
0.81
+5%
0.83
+2%
0.79
-5%
0.93
+18%
0.99
+6%
1.04
+5%
1.1
+6%
1.05
-5%
1.16
+10%
1.3
+12%
1.42
+9%
1.37
-4%
1.18
-14%
1.54
+31%
1.66
+8%
1.63
-2%
1.97
+21%
2.03
+3%
2.07
+2%
2.32
+12%
2.4
+3%
2.64
+10%
2.82
+7%
2.73
-3%
2.99
+10%
3.11
+4%
3.19
+3%
3.13
-2%
3.23
+3%
3.29
+2%
3.19
-3%

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