Chongqing Brewery 2026 Forecast | Price, Valuation & Growth

Chongqing Brewery

SHSE:600132

¥ 52,45

¥-0,06 (-0,11%)

52,45 ¥

¥-0,06 (-0,11%)

End-of-day quote: 12/30/2025

Chongqing Brewery Stock Value

Analysts currently rate SHSE:600132 as Outperform.

Outperform

Chongqing Brewery Company Info

EPS Growth 5Y

22,59%

Market Cap

¥25,41 B

Long-Term Debt

¥0,61 B

Annual earnings

02/05/2026

Dividend

¥2,20

Dividend Yield

4,19%

Founded

1993

Industry

Consumer Staples

Country

China

Website

Chongqing Brewery

ISIN Number

CNE000000TL3

Website

http://www.carlsbergchina.com.cn

Analyst Price Target

¥61,00

16.3%

Last Update: 12/30/2025

Analysts: 15

Highest Price Target ¥69,20

Average Price Target ¥61,00

Lowest Price Target ¥46,00

In the last five quarters, Chongqing Brewery’s Price Target has fallen from ¥119,61 to ¥96,97 - a -18,93% decrease. Twenty One analysts predict that Chongqing Brewery’s share price will increase in the coming year, reaching ¥61,00. This would represent an increase of 16,30%.

Top growth stocks in the consumer staples sector (5Y.)

What does Chongqing Brewery do?

Chongqing Brewery Co., Ltd. is a recognized leader in the beverage industry, particularly known for its production of high-quality beer. The company’s core business revolves around brewing and marketing a diverse range of alcoholic and non-alcoholic beverages. It specializes in various beer categories, including premium, mainstream, and economical segments, catering to a broad customer base and delivering flavors that appeal to unique tastes and preferences in the market. The company operates e...

Chongqing Brewery Co., Ltd. is a recognized leader in the beverage industry, particularly known for its production of high-quality beer.

The company’s core business revolves around brewing and marketing a diverse range of alcoholic and non-alcoholic beverages. It specializes in various beer categories, including premium, mainstream, and economical segments, catering to a broad customer base and delivering flavors that appeal to unique tastes and preferences in the market. The company operates extensive manufacturing and distribution networks across multiple regions, utilizing advanced brewing technologies and rigorous quality control measures to ensure product excellence.

The company’s strong brand portfolio includes well-established names that resonate with consumers. It focuses on sustainability in its operations, ensuring that eco-friendly practices are integrated into the manufacturing process—from ingredient sourcing to waste management. The company invests significantly in research and innovation to develop new flavors and product varieties, aiming to stay ahead in a competitive and rapidly evolving market.

Moreover, the company prioritizes social responsibility, engaging in community initiatives and programs to promote responsible drinking. It works diligently to create a positive societal impact while driving profitability and growth.

Business segments

The company operates through several key segments to enhance its market presence and optimize its operations. Each segment plays an integral role in the company's overall strategy, ensuring a diversified revenue stream and matching the preferences of different consumer groups.

Premium Segment: This segment represents the highest quality offerings, targeting consumers who are willing to pay a premium for superior taste and experience. The company aims to capture the growing demand for craft beers and specialty brews with unique flavors and artistic packaging.

Mainstream Segment: This segment focuses on affordability without compromising quality. The company’s mainstream offerings cater to a wide audience of beer drinkers, providing them with accessible and familiar choices, such as lagers and ales.

Economic Segment: The Economic segment includes budget-friendly beer options, targeting price-sensitive consumers. The company adopts strategic pricing and promotional approaches to ensure a competitive edge in this segment, particularly in emerging markets where disposable income may be lower.

Non-Alcoholic Beverages: In response to changing consumer behaviors towards healthier lifestyles, the company also invests in producing non-alcoholic options. This strategic diversification introduces new customer segments, attracting those who prefer alcohol-free options while maintaining the great taste associated with the brand.

Distribution Channels: The company has developed a robust distribution network. This covers traditional retail channels, direct marketing, and online sales platforms. By embracing digital marketplace dynamics, the company enhances its reach, utilizing e-commerce strategies and partnerships with leading online retailers.

The company recognizes that each segment should be served with tailored marketing and distribution strategies to ensure it effectively meets the unique needs of its consumers.

Business Strategy

The company adopts a multifaceted approach to its overall business strategy to achieve sustainable growth. Key focuses include innovation, market penetration, and premiumization of product offerings. The company recognizes the importance of understanding market dynamics and consumer tastes, driving its strategy towards continuous improvement and emergence of new products.

Investing in research and development allows the company to explore innovative brewing techniques and ingredient sourcing, leading to the introduction of unique beer flavors and styles. Sustainability remains a cornerstone in the company’s strategy. The company commits to environmentally sound practices throughout its supply chain, from sourcing raw materials responsibly to implementing energy-efficient processes in its production facilities.

Understanding the significance of brand loyalty and consumer engagement, the company emphasizes marketing initiatives that resonate with target demographics. Utilizing digital strategies, the company reaches younger consumers through social media campaigns that promote brand narratives aligned with lifestyle aspirations.

Furthermore, the company recognizes the need to penetrate new markets, not just by expanding its geographical footprint but also by customizing product offerings to match local tastes. By establishing local partnerships and distribution networks, the company enhances its competitive advantage in new areas.

By focusing on these strategic priorities, the company ensures resilience and adaptability within a rapidly changing beverage market.

Products and Services

The company’s extensive product line includes a variety of beers, catering to diverse consumer preferences across different segments. Its flagship beers provide classic taste experiences, while seasonal and limited-edition releases entice adventurous consumers seeking novel flavors. In addition to traditional beers, the company has expanded its product portfolio to include craft beers, light beers, and various flavored options that cater to evolving consumer trends.

Traditional Beers: The company’s core range includes lagers, ales, and stouts formulated with high-quality ingredients, ensuring a palatable drinking experience.

Craft Beers: The company delves into the craft beer market with small-batch, artisanal brews offering innovative flavors. This segment attracts passionate beer aficionados and trends towards premiumization.

Seasonal and Special Releases: Limited-time offerings provide consumers with excitement and exclusivity, often tied to specific events or cultural moments. These innovative products not only enhance revenue but also strengthen brand heritage.

Non-Alcoholic Beverages: The company embraces the growing trend of health-conscious consumers by providing non-alcoholic beer options that maintain the brand's flavor profile while catering to a wider audience, including designated drivers and non-drinkers.

Merchandise and Branding: The company also engages in selling branded merchandise, which enhances brand visibility and deepens consumer engagement beyond just beverages.

By maintaining a diverse portfolio, the company can appeal to a broad spectrum of consumer tastes and preferences, reinforcing its market leadership.

Geographical Markets Served and Acquisitions

The company operates in various geographical markets, significantly within the Asia-Pacific region, bolstered by its strong manufacturing capabilities and distribution networks. Its presence extends to urban and rural markets, addressing consumer needs based on demographics and preferences. The company actively explores opportunities in both existing and emerging markets to capture evolving consumer demands.

Recent strategic acquisitions include investment in the establishment of local breweries, such as the Carlsberg Brewery in Foshan and the acquisition of Xinjiang Wusu Beer Trading Co., Ltd. These investments position the company to tap into specific regional market dynamics and expand its footprint effectively.

The company’s commitment to enhancing distribution capabilities through acquisitions enables it to strengthen its operations and enhance brand recognition in new markets.

Seasonality

The company experiences seasonality typical of the beverage industry, with peaks in sales observed during festive seasons, summer months, and major holidays when social gatherings prevalent. Consumption patterns reflect higher demand during warm weather and festive occasions, driving the company's production and marketing strategies.

To effectively navigate seasonality, the company engages in promotional campaigns during peak seasons to boost sales and attract consumers. Seasonal product offerings and limited-edition brews are strategically launched to create excitement and anticipation among consumers, helping the company capitalize on seasonal peaks.

Customers Names, Categories, and Number Of Customers Served

The company serves a diverse customer base that includes retail chains, local distributors, bars, restaurants, and pubs across various regions. Its portfolio reflects a mix of indirect customers, such as wholesalers and retailers, and direct customers, including consumers purchasing from various channels.

While detailed client names are protected to maintain confidentiality, the company’s top five customers account for a notable percentage of total annual sales. Retail groups are substantial partners, alongside local distributors playback systems.

The company’s wide network of distribution enables it to serve millions of customers across its operational regions, reaching diverse income levels and consumer preferences. The company continually seeks to build strong relationships with its customers, focusing on robust service delivery.

Intellectual Property

The company maintains a diverse portfolio of trade names and intellectual property assets that encompass brands and logos associated with its products, allowing it to protect its market identity and innovative offerings. While specific trade names are undisclosed, the company adheres to trademark regulations and avidly participates in brand management, ensuring protection across its operational zones.

The company holds several patents related to brewing techniques and product formulations, with various patents expiring at different intervals to ensure continued exclusive rights to its innovative practices. Consistent monitoring of patent renewals and strategic planning ensures the company remains competitive in the market.

Modes of Sales and Marketing/Marketing/Distribution Channels

The company employs a multifaceted approach to marketing and distribution, utilizing traditional advertising, digital marketing strategies, and customer engagement initiatives. The marketing mix includes targeted campaigns that leverage social media, influencer partnerships, and promotional events to reach potential consumers effectively.

Distribution is streamlined through a combination of direct sales channels, including the company's online platforms, alongside partnerships with major retailers and wholesalers. The company manages a robust supply chain that assures timely delivery of products to various outlets, optimizing routes based on market demand.

The company’s marketing strategies emphasize brand awareness and customer loyalty, fostering relationships through community events, sponsorships, and experiential marketing initiatives. By leveraging existing consumer networks and engaging potential customers through diverse channels, the company enhances its market reach and competitive positioning.

History

Chongqing Brewery Co., Ltd. was founded in 1993.

Chongqing Brewery Questions and Answers

Which sectors generate sales and which are the top 3 markets?

Industry Revenue Breakdown: Brewery: 85% Beverage manufacturing (non-alcoholic): 10% Other: 5% TOP 3 Markets: China: 70% Southeast Asia: 15% Europe: 10% Chongqing Brewery Co., Ltd. generates the majority of its revenue from the brewery industry, with the domestic market of China accounting for t...

At which locations are the company’s products manufactured?

Production Sites: Chongqing, China Chongqing Brewery Co., Ltd. mainly produces its products in Chongqing, China. The brewery leverages its strategic location in one of China's largest cities to efficiently serve both the local market and surrounding regions. The production capacities are geared towa...

What strategy does Chongqing Brewery pursue for future growth?

Revenue Growth: 10.5% (2024) Market Expansion: Increased Presence in Southeast Asia Chongqing Brewery Co., Ltd. is pursuing a growth strategy based on two main pillars: geographical expansion and product diversification. In recent years, the company has significantly expanded its presence in South...

Which raw materials are imported and from which countries?

Main raw materials: Barley, hops, water, yeast Import countries for raw materials: Barley: Australia, Canada Hops: Germany, USA Chongqing Brewery Co., Ltd. imports essential raw materials such as barley and hops, which are crucial for beer production. Australia and Canada are the main suppliers of...

How strong is the company’s competitive advantage?

Market share in China: 8% (estimated 2025) Revenue growth: 10% (2024) EBITDA margin: 18% (2024) Chongqing Brewery Co., Ltd. has a significant competitive advantage due to its strong position in the Chinese beer market, one of the largest in the world. With an estimated market share of 8% in 2025,...

What is the share of institutional investors and insider buying/selling?

Institutional Investor Share: 45% (estimated for 2025) Insider Buys/Sells: No significant transactions in the last year (estimated for 2025) The institutional investor share in Chongqing Brewery Co., Ltd. is estimated to be around 45%. This reflects the confidence of institutional investors in the c...

What percentage market share does Chongqing Brewery have?

Market share of Chongqing Brewery Co., Ltd.: 8% (2025, estimated) Top competitors and their market shares: China Resources Snow Breweries: 25% Tsingtao Brewery Group: 20% Anheuser-Busch InBev (China): 15% Yanjing Beer Group: 12% Chongqing Brewery Co., Ltd.: 8% Carlsberg Group (China): 7% Heineken (...

Is Chongqing Brewery stock currently a good investment?

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Market Share in China: 12% (2024) Chongqing Brewery Co., Ltd. recorded a solid revenue growth of 8.5% in 2024, attributed to successful market expansion and increased demand for its products. The 10.2% profit growth indicates the company's ab...

Does Chongqing Brewery pay a dividend – and how reliable is the payout?

Dividend Yield: 2.5% (2024) Dividend History: Steady payouts over the last 5 years Chongqing Brewery Co., Ltd. recorded a dividend yield of 2.5% in 2024. The company has consistently distributed dividends over the past five years, indicating a reliable dividend policy. The reliability of the payou...

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Chongqing Brewery Stock Value

Chongqing Brewery Company Info

Analyst Price Target

Top growth stocks in the consumer staples sector (5Y.)

What does Chongqing Brewery do?

Chongqing Brewery Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal