291 Stock Overview
An investment holding company, manufactures, distributes, and sells beer products in Mainland China. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
No risks detected for 291 from our risk checks.
My Notes
Capture your thoughts, links and company narrative
China Resources Beer (Holdings) Company Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$25.45 |
| 52 Week High | HK$39.55 |
| 52 Week Low | HK$21.60 |
| Beta | 0.67 |
| 1 Month Change | -6.61% |
| 3 Month Change | 6.49% |
| 1 Year Change | -23.34% |
| 3 Year Change | -60.42% |
| 5 Year Change | -41.29% |
| Change since IPO | 2,113.04% |
Recent News & Updates
Returns On Capital At China Resources Beer (Holdings) (HKG:291) Have Hit The Brakes
Nov 14
What China Resources Beer (Holdings) Company Limited's (HKG:291) 31% Share Price Gain Is Not Telling You
Oct 09An Intrinsic Calculation For China Resources Beer (Holdings) Company Limited (HKG:291) Suggests It's 47% Undervalued
Sep 30Recent updates
Returns On Capital At China Resources Beer (Holdings) (HKG:291) Have Hit The Brakes
Nov 14What China Resources Beer (Holdings) Company Limited's (HKG:291) 31% Share Price Gain Is Not Telling You
Oct 09An Intrinsic Calculation For China Resources Beer (Holdings) Company Limited (HKG:291) Suggests It's 47% Undervalued
Sep 30Earnings Update: China Resources Beer (Holdings) Company Limited (HKG:291) Just Reported Its Interim Results And Analysts Are Updating Their Forecasts
Sep 12We Think China Resources Beer (Holdings) (HKG:291) Can Stay On Top Of Its Debt
Sep 09China Resources Beer (Holdings) (HKG:291) Is Due To Pay A Dividend Of CN¥0.407
Aug 21China Resources Beer (Holdings) Company Limited's (HKG:291) Share Price Not Quite Adding Up
Jul 11The Returns At China Resources Beer (Holdings) (HKG:291) Aren't Growing
Jun 21China Resources Beer (Holdings)'s (HKG:291) Profits May Not Reveal Underlying Issues
May 01Is China Resources Beer (Holdings) Company Limited (HKG:291) Trading At A 25% Discount?
Apr 08Earnings Update: China Resources Beer (Holdings) Company Limited (HKG:291) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Mar 21Returns At China Resources Beer (Holdings) (HKG:291) Appear To Be Weighed Down
Mar 04China Resources Beer (Holdings) Company Limited's (HKG:291) Price Is Out Of Tune With Earnings
Jan 29China Resources Beer (Holdings) (HKG:291) Has A Rock Solid Balance Sheet
Dec 20Shareholder Returns
| 291 | HK Beverage | HK Market | |
|---|---|---|---|
| 7D | -3.4% | -6.8% | -2.2% |
| 1Y | -23.3% | -25.0% | 18.3% |
Return vs Industry: 291 exceeded the Hong Kong Beverage industry which returned -25% over the past year.
Return vs Market: 291 underperformed the Hong Kong Market which returned 18.3% over the past year.
Price Volatility
| 291 volatility | |
|---|---|
| 291 Average Weekly Movement | 10.3% |
| Beverage Industry Average Movement | 8.9% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in HK Market | 18.7% |
| 10% least volatile stocks in HK Market | 4.1% |
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 (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1965 | 27,000 | n/a | www.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
| 291 fundamental statistics | |
|---|---|
| Market cap | HK$82.56b |
| Earnings (TTM) | HK$5.55b |
| Revenue (TTM) | HK$41.32b |
14.9x
P/E Ratio2.0x
P/S RatioIs 291 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 291 income statement (TTM) | |
|---|---|
| Revenue | CN¥38.81b |
| Cost of Revenue | CN¥22.55b |
| Gross Profit | CN¥16.25b |
| Other Expenses | CN¥11.04b |
| Earnings | CN¥5.21b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.61 |
| Gross Margin | 41.88% |
| Net Profit Margin | 13.42% |
| Debt/Equity Ratio | 3.7% |
How did 291 perform over the long term?
See historical performance and comparisonDividends
3.0%
Current Dividend Yield45%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:07 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
China Resources Beer (Holdings) Company Limited is covered by 83 analysts. 34 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vineet Kulbandu Sharma | Barclays |
| Y. Chen | BNP Paribas Securities (Asia) |
| Ruofan Chen | BOCI Research Ltd. |