Tsingtao Brewery Co (Tsingtao Brewery Co) Other Long-Term Liabilities : $566 Mil (As of Mar. 2024)

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What is Tsingtao Brewery Co Other Long-Term Liabilities?

Tsingtao Brewery Co's other long-term liabilities for the quarter that ended in Mar. 2024 was $566 Mil.

Tsingtao Brewery Co's quarterly other long-term liabilities declined from Sep. 2023 ($570 Mil) to Dec. 2023 ($563 Mil) but then increased from Dec. 2023 ($563 Mil) to Mar. 2024 ($566 Mil).

Tsingtao Brewery Co's annual other long-term liabilities declined from Dec. 2021 ($690 Mil) to Dec. 2022 ($612 Mil) and declined from Dec. 2022 ($612 Mil) to Dec. 2023 ($563 Mil).

Tsingtao Brewery Co Other Long-Term Liabilities Historical Data

The historical data trend for Tsingtao Brewery Co's Other Long-Term Liabilities 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 Liabilities Chart

Tsingtao Brewery Co Annual Data

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Other Long-Term Liabilities

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Tsingtao Brewery Co Quarterly Data
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Tsingtao Brewery Co Other Long-Term Liabilities Calculation

Other Long-Term Liabilities are the other liabilities on the balance sheet that do not need to be repaid within the next 12 months, but still need to be repaid over time. For instance, on Wal-Mart's balance sheet, there are items called Long Term obligations under capital leases, deferred income taxes, and redeemable non-controlling interest. These are all Other Long-Term Liabilities.

Tsingtao Brewery Co Other Long-Term Liabilities Related Terms

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Tsingtao Brewery Co (Tsingtao Brewery Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tsingtao Brewery Co Ltd (OTCPK:TSGTF) » Definitions » Other Long-Term Liabilities

Traded in Other Exchanges

TSGTY:USA 00168:Hong Kong TSI:Germany 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.