Tsingtao Brewery Co (SHSE:600600) 3-Year Book Growth Rate : 10.00% (As of Dec. 2023)

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What is Tsingtao Brewery Co 3-Year Book Growth Rate?

Tsingtao Brewery Co's Book Value per Share for the quarter that ended in Dec. 2023 was ¥20.12.

During the past 12 months, Tsingtao Brewery Co's average Book Value per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value per Share Growth Rate was 10.00% per year. During the past 5 years, the average Book Value per Share Growth Rate was 9.00% per year. During the past 10 years, the average Book Value per Share Growth Rate was 6.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Tsingtao Brewery Co was 20.90% per year. The lowest was 1.00% per year. And the median was 8.35% per year.

Competitive Comparison of Tsingtao Brewery Co's 3-Year Book Growth Rate

For the Beverages - Brewers subindustry, Tsingtao Brewery Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tsingtao Brewery Co's 3-Year Book Growth Rate Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Tsingtao Brewery Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Tsingtao Brewery Co's 3-Year Book Growth Rate falls into.

Tsingtao Brewery Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Tsingtao Brewery Co (SHSE:600600) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Tsingtao Brewery Co 3-Year Book Growth Rate Related Terms

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Tsingtao Brewery Co (SHSE:600600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tsingtao Brewery Co Ltd (SHSE:600600) » Definitions » 3-Year Book Growth Rate

Traded in Other Exchanges

TSGTY:USA TSGTF:USA 00168:Hong Kong TSI:Germany

Address

No. 35, Donghai West Road, Tsingtao Beer Tower, Shandong Province, Qingdao, CHN, 266071

Website

https://www.tsingtao.com

With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed over 60% of its revenue and net profit in 2022. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio in recent years.

Tsingtao Brewery Co (SHSE:600600) Headlines

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