Tsingtao Brewery Future Growth
Future criteria checks 1/6
Tsingtao Brewery is forecast to grow earnings and revenue by 7.4% and 3.8% per annum respectively. EPS is expected to grow by 6.5% per annum. Return on equity is forecast to be 15.4% in 3 years.
Key information
7.4%
Earnings growth rate
6.5%
EPS growth rate
Beverage earnings growth | 10.9% |
Revenue growth rate | 3.8% |
Future return on equity | 15.4% |
Analyst coverage | Good |
Last updated | 18 Nov 2024 |
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 34,883 | 5,359 | 4,475 | 6,328 | 32 |
12/31/2025 | 33,743 | 4,934 | 4,168 | 6,016 | 35 |
12/31/2024 | 32,553 | 4,509 | 3,281 | 5,098 | 34 |
9/30/2024 | 31,918 | 4,342 | 1,808 | 3,924 | N/A |
6/30/2024 | 32,413 | 4,483 | 1,868 | 3,891 | N/A |
3/31/2024 | 33,380 | 4,406 | 1,875 | 3,817 | N/A |
12/31/2023 | 33,937 | 4,260 | 1,160 | 2,778 | N/A |
9/30/2023 | 34,040 | 4,342 | 2,399 | 3,972 | N/A |
6/30/2023 | 34,491 | 4,273 | 3,157 | 4,760 | N/A |
3/31/2023 | 33,670 | 4,026 | 4,153 | 5,759 | N/A |
12/31/2022 | 32,172 | 3,701 | 3,099 | 4,879 | N/A |
9/30/2022 | 32,505 | 3,802 | 4,092 | 5,871 | N/A |
6/30/2022 | 31,148 | 3,577 | 3,988 | 5,737 | N/A |
3/31/2022 | 30,447 | 3,250 | 2,771 | 4,511 | N/A |
12/31/2021 | 30,167 | 3,145 | 4,408 | 6,043 | N/A |
9/30/2021 | 30,109 | 2,834 | 3,722 | 5,203 | N/A |
6/30/2021 | 30,372 | 2,752 | 3,560 | 5,014 | N/A |
3/31/2021 | 30,394 | 2,686 | 5,413 | 6,800 | N/A |
12/31/2020 | 27,760 | 2,201 | 3,658 | 4,953 | N/A |
9/30/2020 | 27,509 | 2,244 | 4,137 | 5,490 | N/A |
6/30/2020 | 27,112 | 2,077 | 3,933 | 5,163 | N/A |
3/31/2020 | 26,325 | 1,582 | 1,743 | 2,879 | N/A |
12/31/2019 | 27,984 | 1,852 | 2,861 | 4,017 | N/A |
9/30/2019 | 27,831 | 1,908 | 2,013 | 2,986 | N/A |
6/30/2019 | 27,972 | 1,750 | 2,736 | 3,626 | N/A |
3/31/2019 | 27,387 | 1,563 | 2,419 | 3,244 | N/A |
12/31/2018 | 26,575 | 1,422 | 3,230 | 3,992 | N/A |
9/30/2018 | 26,533 | 1,493 | 2,578 | 3,375 | N/A |
6/30/2018 | 26,368 | 1,417 | N/A | 2,978 | N/A |
3/31/2018 | 26,376 | 1,351 | N/A | 3,267 | N/A |
12/31/2017 | 26,277 | 1,263 | N/A | 2,312 | N/A |
9/30/2017 | 26,455 | 1,073 | N/A | 2,772 | N/A |
6/30/2017 | 26,423 | 1,123 | N/A | 2,705 | N/A |
3/31/2017 | 26,285 | 1,089 | N/A | 2,750 | N/A |
12/31/2016 | 26,106 | 1,043 | N/A | 2,971 | N/A |
9/30/2016 | 26,356 | 1,808 | N/A | 2,293 | N/A |
6/30/2016 | 26,314 | 1,583 | N/A | 1,938 | N/A |
3/31/2016 | 27,318 | 1,726 | N/A | 2,243 | N/A |
12/31/2015 | 27,635 | 1,713 | N/A | 2,575 | N/A |
9/30/2015 | 27,628 | 1,556 | N/A | 2,337 | N/A |
6/30/2015 | 28,158 | 1,784 | N/A | 2,135 | N/A |
3/31/2015 | 28,820 | 1,925 | N/A | 1,909 | N/A |
12/31/2014 | 29,049 | 1,990 | N/A | 1,691 | N/A |
9/30/2014 | 29,835 | 1,988 | N/A | 2,281 | N/A |
6/30/2014 | 30,278 | 1,983 | N/A | 3,553 | N/A |
3/31/2014 | 29,387 | 2,071 | N/A | 3,694 | N/A |
12/31/2013 | 28,291 | 1,973 | N/A | 3,401 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 168's forecast earnings growth (7.4% per year) is above the savings rate (2.3%).
Earnings vs Market: 168's earnings (7.4% per year) are forecast to grow slower than the Hong Kong market (11.5% per year).
High Growth Earnings: 168's earnings are forecast to grow, but not significantly.
Revenue vs Market: 168's revenue (3.8% per year) is forecast to grow slower than the Hong Kong market (7.7% per year).
High Growth Revenue: 168's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 168's Return on Equity is forecast to be low in 3 years time (15.4%).