Tsingtao Brewery Co (STU:TSI) Other Long Term Assets : €606 Mil (As of Mar. 2024)

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What is Tsingtao Brewery Co Other Long Term Assets?

Tsingtao Brewery Co's other long-term assets for the quarter that ended in Mar. 2024 was €606 Mil.

Tsingtao Brewery Co's quarterly other long-term assets declined from Sep. 2023 (€528 Mil) to Dec. 2023 (€524 Mil) but then increased from Dec. 2023 (€524 Mil) to Mar. 2024 (€606 Mil).

Tsingtao Brewery Co's annual other long-term assets increased from Dec. 2021 (€380 Mil) to Dec. 2022 (€382 Mil) and increased from Dec. 2022 (€382 Mil) to Dec. 2023 (€524 Mil).

Tsingtao Brewery Co Other Long Term Assets Historical Data

The historical data trend for Tsingtao Brewery Co's Other Long Term Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tsingtao Brewery Co Other Long Term Assets Chart

Tsingtao Brewery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Long Term Assets

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253.68

284.63

380.39

382.35

523.99

Tsingtao Brewery Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Long Term Assets	Get a 7-Day Free Trial															395.90	493.68	527.91	523.99	606.39

Tsingtao Brewery Co Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.

Tsingtao Brewery Co (STU:TSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tsingtao Brewery Co Ltd (STU:TSI) » Definitions » Other Long Term Assets

Traded in Other Exchanges

TSGTY:USA TSGTF:USA 00168:Hong Kong 600600:China

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.