OTCMKTS:TSGTY

Tsingtao Brewery Stock Forecast, Price & News

$48.02

+1.12 (+2.39 %)

(As of 04/16/2021 12:00 AM ET)

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Today's Range

$47.56

Now: $48.02▼

$49.13

50-Day Range

$40.13

MA: $43.76▼

$47.55

52-Week Range

$26.32

Now: $48.02▼

$58.02

Volume1,560 shs

Average Volume1,308 shs

Market Capitalization$12.97 billion

P/E Ratio40.35

Dividend Yield0.67%

Beta0.84

Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company. The company sells its beer products primarily under the Tsingtaoand and Laoshan brand names. It also provides wealth management, and agency collection and payment services; and construction and logistics services. The company was founded in 1903 and is headquartered in Qingdao, the People's Republic of China.

Industry, Sector and Symbol

Stock Exchange OTCMKTS

Industry Malt beverages

Sub-IndustryN/A

SectorConsumer Staples

Current SymbolOTCMKTS:TSGTY

Previous SymbolNASDAQ:TSGTY

CUSIPN/A

CIKN/A

Webwww.tsingtao.com.cn

Phone86 532 8571 1119

Employees35,678

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio40.35

Forward P/E Ratio36.11

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.97 billion

Price / Sales3.27

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)$0.97

Net Income$262.96 million

Net Margins8.48%

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares270,196,000

Market Cap$12.97 billion

Next Earnings Date5/5/2021 (Estimated)

OptionableNot Optionable

Headlines

FY2021 Earnings Forecast for Tsingtao Brewery Company Limited Issued By Jefferies Financial Group (OTCMKTS:TSGTY)
April 14, 2021 | americanbankingnews.com

Brokers Issue Forecasts for Tsingtao Brewery Company Limited's FY2021 Earnings (OTCMKTS:TSGTY)
March 31, 2021 | americanbankingnews.com

Gulf & Pacific Equities Corp. reports on Third Quarter Results with Revenue of $899,642
November 20, 2020 | finance.yahoo.com

Here's what Wall Street expects from Tsingtao Brewery's earnings
October 29, 2020 | markets.businessinsider.com

How Does Gulf & Pacific Equities' (CVE:GUF) CEO Salary Compare to Peers?
September 1, 2020 | finance.yahoo.com

Tsingtao Brewery is about to announce earnings — here's what Wall Street expects
August 30, 2020 | markets.businessinsider.com

Here's what Wall Street expects from Tsingtao Brewery's earnings report
August 30, 2020 | markets.businessinsider.com

Gulf & Pacific Equities Corp. reports on Second Quarter Results with Revenue of $937,139
August 21, 2020 | finance.yahoo.com

Tsingtao Brewery: ROE Improvement Is Key Re-Rating Catalyst
July 9, 2020 | seekingalpha.com

Tsingtao Brewery Co Ltd
June 8, 2020 | www.reuters.com

Corona beer’s brewer Budweiser APAC posts net loss of US$41 million in first quarter as coronavirus forced bars, nightclubs, to close
May 7, 2020 | www.msn.com

Tsingtao Brewery is about to announce its earnings — here's what Wall Street expects
March 30, 2020 | markets.businessinsider.com

Tsingtao Brewery Co. Ltd. ADR
March 27, 2020 | www.wsj.com

China's Qingdao says removes Tsingtao Brewery president from position
February 28, 2020 | www.reuters.com

ThaiBev Said to Consider IPO of $10 Billion Brewery Business
November 29, 2019 | ca.finance.yahoo.com

Budweiser wants to take on China, the world's largest beer market where local brews rule
October 6, 2019 | www.cnbc.com

Bud Brewer Takes Another Shot at Asian IPO After First Attempt Fizzled
September 17, 2019 | www.wsj.com

Bud Light: Brewer Plans Slimmed-Down IPO in Hong Kong
September 13, 2019 | www.wsj.com

Asian IPO Flop Gives Budweiser Brewer a Hangover
July 15, 2019 | www.wsj.com

BRIEF-Tsingtao Brewery Says Qtrly Net Profit Attributable RMB807.5Mln
April 29, 2019 | finance.yahoo.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.29 out of 5 stars

Consumer Staples Sector

109th out of 301 stocks

Malt Beverages Industry

6th out of 15 stocks

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Tsingtao Brewery.

2.3 Community Rank

Outperform Votes
Tsingtao Brewery has received 81 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Tsingtao Brewery has received 94 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Tsingtao Brewery has received 53.71% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Tsingtao Brewery and other stocks. Vote “Outperform” if you believe TSGTY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TSGTY will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Tsingtao Brewery has a dividend yield of 0.67%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Tsingtao Brewery does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Tsingtao Brewery is 32.99%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Tsingtao Brewery will have a dividend payout ratio of 19.51% next year. This indicates that Tsingtao Brewery will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tsingtao Brewery insiders have not sold or bought any company stock.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Tsingtao Brewery are expected to grow by 23.31% in the coming year, from $1.33 to $1.64 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tsingtao Brewery is 40.35, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tsingtao Brewery is 40.35, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 45.75.

See Top Rated MarketRank™ Stocks Here

$48.02

+1.12 (+2.39 %)

(As of 04/16/2021 12:00 AM ET)

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Tsingtao Brewery (OTCMKTS:TSGTY) Frequently Asked Questions

What stocks does MarketBeat like better than Tsingtao Brewery?

Wall Street analysts have given Tsingtao Brewery a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Tsingtao Brewery wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Tsingtao Brewery's next earnings date?

Tsingtao Brewery is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Tsingtao Brewery.

How has Tsingtao Brewery's stock been impacted by COVID-19?

Tsingtao Brewery's stock was trading at $25.51 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TSGTY shares have increased by 88.2% and is now trading at $48.02.
View which stocks have been most impacted by COVID-19.

How often does Tsingtao Brewery pay dividends? What is the dividend yield for Tsingtao Brewery?

Tsingtao Brewery announced an annual dividend on Thursday, April 23rd. Investors of record on Monday, June 15th will be given a dividend of $0.329 per share on Friday, July 24th. This represents a yield of 1.18%. The ex-dividend date of this dividend is Friday, June 12th.
View Tsingtao Brewery's dividend history.

Is Tsingtao Brewery a good dividend stock?

Tsingtao Brewery pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.67%. The dividend payout ratio of Tsingtao Brewery is 32.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Tsingtao Brewery will have a dividend payout ratio of 19.51% next year. This indicates that Tsingtao Brewery will be able to sustain or increase its dividend.
View Tsingtao Brewery's dividend history.

Who are Tsingtao Brewery's key executives?

Tsingtao Brewery's management team includes the following people:

Mr. Ke Xing Huang, Exec. Chairman & CEO (Age 59)
Mr. Zhu Ming Yu, Exec. Director & CFO (Age 59)
Mr. Zhi Wei Cai, Pres of Marketing Center (Age 54)
Mr. Rui Yong Wang, VP & Exec. Director (Age 55)
Mr. Zong Xiang Jiang, VP & Pres of Supply Chain
Ms. Nan Xu, VP, Pres of Manufacturing & Chief Brewer
Mr. Rui Xiang Zhang, Head of Equity Management Department & Company Sec. (Age 57)
Mr. Shao Bo Wang, VP
Qiuyan Hou, Head of Accounting
Ms. Sun Li Hong, Head of Law Affairs Department and Employee Representative Supervisor (Age 46, Pay $67.51k)

Who are some of Tsingtao Brewery's key competitors?

Some companies that are related to Tsingtao Brewery include Carlsberg A/S (CABGY), Kirin (KNBWY), The Boston Beer (SAM), Molson Coors Beverage (TAP), San Miguel (SMGBY), Compañía Cervecerías Unidas (CCU), NewAge (NBEV), Big Rock Brewery (BRBMF), Athena Gold (AHNR), China New Borun (BORNY) and Mendocino Brewing (MENB).
View all of TSGTY's competitors.

What is Tsingtao Brewery's stock symbol?

Tsingtao Brewery trades on the OTCMKTS under the ticker symbol "TSGTY."

How do I buy shares of Tsingtao Brewery?

Shares of TSGTY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Tsingtao Brewery's stock price today?

One share of TSGTY stock can currently be purchased for approximately $48.02.

How much money does Tsingtao Brewery make?

Tsingtao Brewery has a market capitalization of $12.97 billion and generates $3.97 billion in revenue each year. The company earns $262.96 million in net income (profit) each year or $0.97 on an earnings per share basis.

How many employees does Tsingtao Brewery have?

Tsingtao Brewery employs 35,678 workers across the globe.

What is Tsingtao Brewery's official website?

The official website for Tsingtao Brewery is www.tsingtao.com.cn.

Where are Tsingtao Brewery's headquarters?

Tsingtao Brewery is headquartered at Tsingtao Beer Tower May Fourth Square Hong Kong Road Central, Qingdao F4, 266071.

How can I contact Tsingtao Brewery?

Tsingtao Brewery's mailing address is Tsingtao Beer Tower May Fourth Square Hong Kong Road Central, Qingdao F4, 266071. The company can be reached via phone at 86 532 8571 1119.

This page was last updated on 4/18/2021 by MarketBeat.com Staff

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