Chongqing Brewery Co., Ltd. produces and distributes beers in Chongqing, Sichuan, Hunan, and other places. More Details
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has Chongqing Brewery's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 600132 is more volatile than 75% of CN stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 600132's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of CN stocks.
7 Day Return
1 Year Return
Return vs Industry: 600132 exceeded the CN Beverage industry which returned 98.2% over the past year.
Return vs Market: 600132 exceeded the CN Market which returned 27.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Chongqing Brewery's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Chongqing Brewery undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 600132 (CN¥131.63) is trading above our estimate of fair value (CN¥29.12)
Significantly Below Fair Value: 600132 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 600132 is good value based on its PE Ratio (59x) compared to the CN Beverage industry average (63.5x).
PE vs Market: 600132 is poor value based on its PE Ratio (59x) compared to the CN market (33.9x).
Price to Earnings Growth Ratio
PEG Ratio: 600132 is poor value based on its PEG Ratio (5.9x)
Price to Book Ratio
PB vs Industry: 600132 is overvalued based on its PB Ratio (53x) compared to the CN Beverage industry average (5.2x).
How is Chongqing Brewery forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600132's forecast earnings growth (10% per year) is above the savings rate (3.3%).
Earnings vs Market: 600132's earnings (10% per year) are forecast to grow slower than the CN market (23% per year).
High Growth Earnings: 600132's earnings are forecast to grow, but not significantly.
Revenue vs Market: 600132's revenue (14.7% per year) is forecast to grow slower than the CN market (17.7% per year).
High Growth Revenue: 600132's revenue (14.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600132's Return on Equity is forecast to be very high in 3 years time (93.1%).
How has Chongqing Brewery performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600132 has high quality earnings.
Growing Profit Margin: 600132's current net profit margins (9.8%) are lower than last year (18.3%).
Past Earnings Growth Analysis
Earnings Trend: 600132 has become profitable over the past 5 years, growing earnings by 45.3% per year.
Accelerating Growth: 600132's earnings growth over the past year (64.1%) exceeds its 5-year average (45.3% per year).
Earnings vs Industry: 600132 earnings growth over the past year (64.1%) exceeded the Beverage industry 4.4%.
Return on Equity
High ROE: 600132's Return on Equity (77.4%) is considered outstanding.
How is Chongqing Brewery's financial position?
Financial Position Analysis
Short Term Liabilities: 600132's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 600132's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥486.5M).
Debt to Equity History and Analysis
Debt Level: 600132's debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: 600132's debt to equity ratio has reduced from 51.5% to 17.4% over the past 5 years.
Debt Coverage: 600132's debt is well covered by operating cash flow (404%).
Interest Coverage: 600132 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Chongqing Brewery current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600132's dividend (1.06%) is higher than the bottom 25% of dividend payers in the CN market (0.43%).
High Dividend: 600132's dividend (1.06%) is low compared to the top 25% of dividend payers in the CN market (1.81%).
Stability and Growth of Payments
Stable Dividend: 600132's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600132's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.8%), 600132's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 600132's dividends in 3 years are forecast to be well covered by earnings (34.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Song Chen (47 yo)
Mr. Song Chen serves as General Manager and Director of Chongqing Brewery Co. Ltd. Mr. Chen serves as Deputy General Manager and Chief Financial Officer of Chongqing Brewery Co., Ltd. Mr. Chen served as Fi...
Experienced Board: 600132's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Chongqing Brewery Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Chongqing Brewery Co., Ltd.
- Ticker: 600132
- Exchange: SHSE
- Founded: 1958
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Market Cap: CN¥61.280b
- Shares outstanding: 483.97m
- Website: https://www.chongqingbeer.com
Number of Employees
- Chongqing Brewery Co., Ltd.
- No. 9 Hengshan East Road
- Dazhulin Street
Chongqing Brewery Co., Ltd. produces and distributes beers in Chongqing, Sichuan, Hunan, and other places. It offers beers under the Chongqing, Mountain City, Carlsberg, and Lebao series names. The company...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/21 09:00|
|End of Day Share Price||2021/04/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.