Tsingtao Brewery Past Earnings Performance
Past criteria checks 2/6
Tsingtao Brewery has been growing earnings at an average annual rate of 22.4%, while the Beverage industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 5.4% per year. Tsingtao Brewery's return on equity is 15.4%, and it has net margins of 12.6%.
Key information
22.4%
Earnings growth rate
22.3%
EPS growth rate
| Beverage Industry Growth | 4.4% |
| Revenue growth rate | 5.4% |
| Return on equity | 15.4% |
| Net Margin | 12.6% |
| Next Earnings Update | 30 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Tsingtao Brewery makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 33,937 | 4,260 | 6,158 | 101 |
| 30 Sep 23 | 34,040 | 4,342 | 5,814 | 68 |
| 30 Jun 23 | 34,491 | 4,273 | 5,816 | 68 |
| 31 Mar 23 | 33,670 | 4,026 | 5,748 | 68 |
| 31 Dec 22 | 32,172 | 3,701 | 5,618 | 63 |
| 30 Sep 22 | 32,505 | 3,802 | 5,911 | 48 |
| 30 Jun 22 | 31,148 | 3,577 | 5,696 | 40 |
| 31 Mar 22 | 30,447 | 3,250 | 5,681 | 33 |
| 31 Dec 21 | 30,167 | 3,145 | 5,738 | 31 |
| 30 Sep 21 | 30,109 | 2,834 | 4,304 | 23 |
| 30 Jun 21 | 30,372 | 2,752 | 4,707 | 23 |
| 31 Mar 21 | 30,394 | 2,686 | 5,340 | 22 |
| 31 Dec 20 | 27,760 | 2,201 | 5,202 | 21 |
| 30 Sep 20 | 27,509 | 2,244 | 6,762 | 20 |
| 30 Jun 20 | 27,112 | 2,077 | 6,747 | 20 |
| 31 Mar 20 | 26,325 | 1,582 | 6,870 | 21 |
| 31 Dec 19 | 27,984 | 1,852 | 6,959 | 21 |
| 30 Sep 19 | 27,831 | 1,908 | 6,566 | 19 |
| 30 Jun 19 | 27,972 | 1,750 | 6,548 | 21 |
| 31 Mar 19 | 27,387 | 1,563 | 6,441 | 20 |
| 31 Dec 18 | 26,575 | 1,422 | 6,241 | 20 |
| 30 Sep 18 | 26,533 | 1,493 | 6,273 | 20 |
| 30 Jun 18 | 26,368 | 1,417 | 6,648 | 19 |
| 31 Mar 18 | 26,376 | 1,351 | 6,915 | 22 |
| 31 Dec 17 | 26,277 | 1,263 | 6,986 | 19 |
| 30 Sep 17 | 26,455 | 1,073 | 6,817 | 12 |
| 30 Jun 17 | 26,423 | 1,123 | 7,304 | 6 |
| 31 Mar 17 | 26,285 | 1,089 | 7,215 | 0 |
| 31 Dec 16 | 26,106 | 1,043 | 7,315 | 0 |
| 30 Sep 16 | 26,356 | 1,808 | 7,453 | 0 |
| 30 Jun 16 | 26,314 | 1,583 | 7,031 | 0 |
| 31 Mar 16 | 27,318 | 1,726 | 7,107 | 0 |
| 31 Dec 15 | 27,635 | 1,713 | 7,150 | 0 |
| 30 Sep 15 | 27,628 | 1,556 | 6,928 | 0 |
| 30 Jun 15 | 28,158 | 1,784 | 6,762 | 0 |
| 31 Mar 15 | 28,820 | 1,925 | 6,883 | 0 |
| 31 Dec 14 | 29,049 | 1,990 | 7,066 | 0 |
| 30 Sep 14 | 29,835 | 1,988 | 7,259 | 0 |
| 30 Jun 14 | 30,278 | 1,983 | 7,538 | 0 |
| 31 Mar 14 | 29,387 | 2,071 | 7,564 | 0 |
| 31 Dec 13 | 28,291 | 1,973 | 7,187 | 0 |
| 30 Sep 13 | 28,179 | 2,241 | 7,058 | 0 |
| 30 Jun 13 | 27,347 | 2,146 | 6,937 | 0 |
Quality Earnings: TSGT.Y has a high level of non-cash earnings.
Growing Profit Margin: TSGT.Y's current net profit margins (12.6%) are higher than last year (11.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TSGT.Y's earnings have grown significantly by 22.4% per year over the past 5 years.
Accelerating Growth: TSGT.Y's earnings growth over the past year (15.1%) is below its 5-year average (22.4% per year).
Earnings vs Industry: TSGT.Y earnings growth over the past year (15.1%) did not outperform the Beverage industry 32.7%.
Return on Equity
High ROE: TSGT.Y's Return on Equity (15.4%) is considered low.