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China Resources Beer (Holdings) SEHK:291 Stock Report

Last Price

HK$34.05

Market Cap

HK$110.5b

7D

-2.7%

1Y

-31.1%

Updated

29 May, 2024

Data

Company Financials +

China Resources Beer (Holdings) Company Limited

SEHK:291 Stock Report

Market Cap: HK$110.5b

291 Stock Overview

An investment holding company, manufactures, distributes, and sells beer products in Mainland China.

291 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health4/6
Dividends2/6

China Resources Beer (Holdings) Company Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China Resources Beer (Holdings)
Historical stock prices
Current Share PriceHK$34.05
52 Week HighHK$54.95
52 Week LowHK$27.20
Beta0.60
1 Month Change-4.76%
3 Month Change0.29%
1 Year Change-31.07%
3 Year Change-50.33%
5 Year Change1.34%
Change since IPO2,860.87%

Recent News & Updates

China Resources Beer (Holdings)'s (HKG:291) Profits May Not Reveal Underlying Issues

May 01
China Resources Beer (Holdings)'s (HKG:291) Profits May Not Reveal Underlying Issues

Is China Resources Beer (Holdings) Company Limited (HKG:291) Trading At A 25% Discount?

Apr 08
Is China Resources Beer (Holdings) Company Limited (HKG:291) Trading At A 25% Discount?

Recent updates

China Resources Beer (Holdings)'s (HKG:291) Profits May Not Reveal Underlying Issues

May 01
China Resources Beer (Holdings)'s (HKG:291) Profits May Not Reveal Underlying Issues

Is China Resources Beer (Holdings) Company Limited (HKG:291) Trading At A 25% Discount?

Apr 08
Is China Resources Beer (Holdings) Company Limited (HKG:291) Trading At A 25% Discount?

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

Mar 21
Earnings Update: China Resources Beer (Holdings) Company Limited (HKG:291) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts

Returns At China Resources Beer (Holdings) (HKG:291) Appear To Be Weighed Down

Mar 04
Returns At China Resources Beer (Holdings) (HKG:291) Appear To Be Weighed Down

China Resources Beer (Holdings) Company Limited's (HKG:291) Price Is Out Of Tune With Earnings

Jan 29
China Resources Beer (Holdings) Company Limited's (HKG:291) Price Is Out Of Tune With Earnings

China Resources Beer (Holdings) (HKG:291) Has A Rock Solid Balance Sheet

Dec 20
China Resources Beer (Holdings) (HKG:291) Has A Rock Solid Balance Sheet

China Resources Beer (Holdings) (HKG:291) Hasn't Managed To Accelerate Its Returns

Nov 20
China Resources Beer (Holdings) (HKG:291) Hasn't Managed To Accelerate Its Returns

China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 30% Below Their Intrinsic Value Estimate

Oct 20
China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 30% Below Their Intrinsic Value Estimate

Does China Resources Beer (Holdings) (HKG:291) Have A Healthy Balance Sheet?

Sep 18
Does China Resources Beer (Holdings) (HKG:291) Have A Healthy Balance Sheet?

Estimating The Intrinsic Value Of China Resources Beer (Holdings) Company Limited (HKG:291)

Jul 09
Estimating The Intrinsic Value Of China Resources Beer (Holdings) Company Limited (HKG:291)

Is China Resources Beer (Holdings) (HKG:291) Using Too Much Debt?

Jun 06
Is China Resources Beer (Holdings) (HKG:291) Using Too Much Debt?

China Resources Beer (Holdings) (HKG:291) Is Doing The Right Things To Multiply Its Share Price

May 06
China Resources Beer (Holdings) (HKG:291) Is Doing The Right Things To Multiply Its Share Price

Estimating The Fair Value Of China Resources Beer (Holdings) Company Limited (HKG:291)

Mar 17
Estimating The Fair Value Of China Resources Beer (Holdings) Company Limited (HKG:291)

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

Jan 13
China Resources Beer (Holdings) (HKG:291) Is Experiencing Growth In Returns On Capital

Calculating The Intrinsic Value Of China Resources Beer (Holdings) Company Limited (HKG:291)

Dec 12
Calculating The Intrinsic Value Of China Resources Beer (Holdings) Company Limited (HKG:291)

China Resources Beer (Holdings) (HKG:291) Seems To Use Debt Rather Sparingly

Nov 27
China Resources Beer (Holdings) (HKG:291) Seems To Use Debt Rather Sparingly

Returns Are Gaining Momentum At China Resources Beer (Holdings) (HKG:291)

Oct 12
Returns Are Gaining Momentum At China Resources Beer (Holdings) (HKG:291)

China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 28% Below Their Intrinsic Value Estimate

Sep 11
China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 28% Below Their Intrinsic Value Estimate

Is China Resources Beer (Holdings) (HKG:291) Using Too Much Debt?

Aug 26
Is China Resources Beer (Holdings) (HKG:291) Using Too Much Debt?

China Resources Beer (Holdings) (HKG:291) Is Doing The Right Things To Multiply Its Share Price

Jul 14
China Resources Beer (Holdings) (HKG:291) Is Doing The Right Things To Multiply Its Share Price

China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 35% Below Their Intrinsic Value Estimate

May 29
China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 35% Below Their Intrinsic Value Estimate

Returns At China Resources Beer (Holdings) (HKG:291) Are On The Way Up

Apr 06
Returns At China Resources Beer (Holdings) (HKG:291) Are On The Way Up

China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 48% Below Their Intrinsic Value Estimate

Feb 05
China Resources Beer (Holdings) Company Limited (HKG:291) Shares Could Be 48% Below Their Intrinsic Value Estimate

Returns Are Gaining Momentum At China Resources Beer (Holdings) (HKG:291)

Dec 19
Returns Are Gaining Momentum At China Resources Beer (Holdings) (HKG:291)

If You Like EPS Growth Then Check Out China Resources Beer (Holdings) (HKG:291) Before It's Too Late

Nov 19
If You Like EPS Growth Then Check Out China Resources Beer (Holdings) (HKG:291) Before It's Too Late

China Resources Beer (Holdings) (HKG:291) Shareholders Will Want The ROCE Trajectory To Continue

Sep 18
China Resources Beer (Holdings) (HKG:291) Shareholders Will Want The ROCE Trajectory To Continue

Is China Resources Beer (Holdings) Company Limited (HKG:291) Expensive For A Reason? A Look At Its Intrinsic Value

Jul 31
Is China Resources Beer (Holdings) Company Limited (HKG:291) Expensive For A Reason? A Look At Its Intrinsic Value

China Resources Beer (Holdings)'s (HKG:291) Returns On Capital Are Heading Higher

Jun 01
China Resources Beer (Holdings)'s (HKG:291) Returns On Capital Are Heading Higher

Is Now The Time To Put China Resources Beer (Holdings) (HKG:291) On Your Watchlist?

May 11
Is Now The Time To Put China Resources Beer (Holdings) (HKG:291) On Your Watchlist?

Have Insiders Been Buying China Resources Beer (Holdings) Company Limited (HKG:291) Shares?

Mar 15
Have Insiders Been Buying China Resources Beer (Holdings) Company Limited (HKG:291) Shares?

Is China Resources Beer (Holdings) Company Limited (HKG:291) Worth HK$61.8 Based On Its Intrinsic Value?

Feb 25
Is China Resources Beer (Holdings) Company Limited (HKG:291) Worth HK$61.8 Based On Its Intrinsic Value?

Does China Resources Beer (Holdings) (HKG:291) Have The Makings Of A Multi-Bagger?

Feb 10
Does China Resources Beer (Holdings) (HKG:291) Have The Makings Of A Multi-Bagger?

Does China Resources Beer (Holdings) (HKG:291) Deserve A Spot On Your Watchlist?

Jan 26
Does China Resources Beer (Holdings) (HKG:291) Deserve A Spot On Your Watchlist?

What Type Of Shareholders Make Up China Resources Beer (Holdings) Company Limited's (HKG:291) Share Registry?

Jan 12
What Type Of Shareholders Make Up China Resources Beer (Holdings) Company Limited's (HKG:291) Share Registry?

China Resources Beer (Holdings) (HKG:291) Has Rewarded Shareholders With An Exceptional 387% Total Return On Their Investment

Dec 28
China Resources Beer (Holdings) (HKG:291) Has Rewarded Shareholders With An Exceptional 387% Total Return On Their Investment

How Much Is China Resources Beer (Holdings) Company Limited (HKG:291) CEO Getting Paid?

Dec 15
How Much Is China Resources Beer (Holdings) Company Limited (HKG:291) CEO Getting Paid?

Is There More To The Story Than China Resources Beer (Holdings)'s (HKG:291) Earnings Growth?

Dec 02
Is There More To The Story Than China Resources Beer (Holdings)'s (HKG:291) Earnings Growth?

China Resources Beer (Holdings) Company Limited's (HKG:291) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Nov 19
China Resources Beer (Holdings) Company Limited's (HKG:291) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Shareholder Returns

291HK BeverageHK Market
7D-2.7%-5.1%-2.1%
1Y-31.1%-16.1%5.6%

Return vs Industry: 291 underperformed the Hong Kong Beverage industry which returned -14.8% over the past year.

Return vs Market: 291 underperformed the Hong Kong Market which returned 4.9% over the past year.

Price Volatility

Is 291's price volatile compared to industry and market?
291 volatility
291 Average Weekly Movement5.9%
Beverage Industry Average Movement5.9%
Market Average Movement7.3%
10% most volatile stocks in HK Market15.6%
10% least volatile stocks in HK Market3.7%

Stable Share Price: 291 has not had significant price volatility in the past 3 months.

Volatility Over Time: 291's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196527,232n/awww.crbeer.com.hk

China Resources Beer (Holdings) Company Limited, an investment holding company, manufactures, distributes, and sells beer products in Mainland China. The company offers its products under the Nong Li, Snow, and Jinsha brands. 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$110.46b
Earnings (TTM)HK$5.55b
Revenue (TTM)HK$41.95b

19.9x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
291 income statement (TTM)
RevenueCN¥38.93b
Cost of RevenueCN¥22.83b
Gross ProfitCN¥16.10b
Other ExpensesCN¥10.95b
EarningsCN¥5.15b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.59
Gross Margin41.36%
Net Profit Margin13.24%
Debt/Equity Ratio15.0%

How did 291 perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

40%

Payout Ratio
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