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China Resources Beer (Holdings) Company Limited

SEHK:291 Stock Report

Market Cap: HK$87.1b

China Resources Beer (Holdings) (291) Stock Overview

An investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China. More details

291 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends4/6

Rewards

Trading at 45.1% below our estimate of its fair value

Earnings are forecast to grow 8.67% per year

Analysts in good agreement that stock price will rise by 32.7%

Risk Analysis

Significant insider selling over the past 3 months

Unstable dividend track record


291 Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

China Resources Beer (Holdings) Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for China Resources Beer (Holdings)
Historical stock prices
Current Share PriceHK$26.85
52 Week HighHK$36.00
52 Week LowHK$21.60
Beta0.65
1 Month Change5.29%
3 Month Change-5.95%
1 Year Change-3.94%
3 Year Change-48.71%
5 Year Change-46.88%
Change since IPO2,234.78%

Recent News & Updates

China Resources Beer (Holdings) (HKG:291) Is Experiencing Growth In Returns On Capital

Jun 17
China Resources Beer (Holdings) (HKG:291) Is Experiencing Growth In Returns On Capital

Is China Resources Beer (Holdings) Company Limited (HKG:291) Trading At A 40% Discount?

Apr 22
Is China Resources Beer (Holdings) Company Limited (HKG:291) Trading At A 40% Discount?

Recent updates

China Resources Beer (Holdings) (HKG:291) Is Experiencing Growth In Returns On Capital

Jun 17
China Resources Beer (Holdings) (HKG:291) Is Experiencing Growth In Returns On Capital

Is China Resources Beer (Holdings) Company Limited (HKG:291) Trading At A 40% Discount?

Apr 22
Is China Resources Beer (Holdings) Company Limited (HKG:291) Trading At A 40% Discount?

We Think China Resources Beer (Holdings) (HKG:291) Can Stay On Top Of Its Debt

Apr 07
We Think China Resources Beer (Holdings) (HKG:291) Can Stay On Top Of Its Debt

The Returns At China Resources Beer (Holdings) (HKG:291) Aren't Growing

Feb 25
The Returns At China Resources Beer (Holdings) (HKG:291) Aren't Growing

Risks To Shareholder Returns Are Elevated At These Prices For China Resources Beer (Holdings) Company Limited (HKG:291)

Jan 10
Risks To Shareholder Returns Are Elevated At These Prices For China Resources Beer (Holdings) Company Limited (HKG:291)

Is China Resources Beer (Holdings) (HKG:291) A Risky Investment?

Dec 20
Is China Resources Beer (Holdings) (HKG:291) A Risky Investment?

Returns On Capital At China Resources Beer (Holdings) (HKG:291) Have Hit The Brakes

Nov 14
Returns On Capital At China Resources Beer (Holdings) (HKG:291) Have Hit The Brakes

What China Resources Beer (Holdings) Company Limited's (HKG:291) 31% Share Price Gain Is Not Telling You

Oct 09
What China Resources Beer (Holdings) Company Limited's (HKG:291) 31% Share Price Gain Is Not Telling You

An Intrinsic Calculation For China Resources Beer (Holdings) Company Limited (HKG:291) Suggests It's 47% Undervalued

Sep 30
An Intrinsic Calculation For China Resources Beer (Holdings) Company Limited (HKG:291) Suggests It's 47% Undervalued

Earnings Update: China Resources Beer (Holdings) Company Limited (HKG:291) Just Reported Its Interim Results And Analysts Are Updating Their Forecasts

Sep 12
Earnings Update: China Resources Beer (Holdings) Company Limited (HKG:291) Just Reported Its Interim Results And Analysts Are Updating Their Forecasts

We Think China Resources Beer (Holdings) (HKG:291) Can Stay On Top Of Its Debt

Sep 09
We Think China Resources Beer (Holdings) (HKG:291) Can Stay On Top Of Its Debt

China Resources Beer (Holdings) (HKG:291) Is Due To Pay A Dividend Of CN¥0.407

Aug 21
China Resources Beer (Holdings) (HKG:291) Is Due To Pay A Dividend Of CN¥0.407

Shareholder Returns

291HK BeverageHK Market
7D2.9%-1.0%0.7%
1Y-3.9%3.4%29.6%

Return vs Industry: 291 underperformed the Hong Kong Beverage industry which returned 3.4% over the past year.

Return vs Market: 291 underperformed the Hong Kong Market which returned 29.6% over the past year.

Price Volatility

Is 291's price volatile compared to industry and market?
291 volatility
291 Average Weekly Movement3.9%
Beverage Industry Average Movement4.4%
Market Average Movement6.8%
10% most volatile stocks in HK Market15.4%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 291 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 291's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196526,059n/awww.crbeer.com.hk

China Resources Beer (Holdings) Company Limited, an investment holding company, manufactures, distributes, and sells alcoholic beverages in Mainland China. It offers beer and baijiu products. The company was formerly known as China Resources Enterprise, Limited and changed its name to China Resources Beer (Holdings) Company Limited in October 2015.

China Resources Beer (Holdings) Company Limited Fundamentals Summary

How do China Resources Beer (Holdings)'s earnings and revenue compare to its market cap?
291 fundamental statistics
Market capHK$87.11b
Earnings (TTM)HK$5.19b
Revenue (TTM)HK$42.31b
16.8x
P/E Ratio
2.1x
P/S Ratio

Is 291 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
291 income statement (TTM)
RevenueCN¥38.64b
Cost of RevenueCN¥22.16b
Gross ProfitCN¥16.48b
Other ExpensesCN¥11.74b
EarningsCN¥4.74b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.46
Gross Margin42.64%
Net Profit Margin12.27%
Debt/Equity Ratio6.0%

How did 291 perform over the long term?

See historical performance and comparison

Dividends

3.2%
Current Dividend Yield
52%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/11 10:58
End of Day Share Price 2025/07/11 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

China Resources Beer (Holdings) Company Limited is covered by 72 analysts. 37 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vineet Kulbandu SharmaBarclays
Y. ChenBNP Paribas Securities (Asia)
Chen LuoBofA Global Research