Revenue distribution by industry:

• Beverage industry: 100%

TOP 3 markets:

1. China: approx. 70%
2. USA: approx. 15%
3. Europe: approx. 10%

Tsingtao Brewery Company Limited generates the majority of its revenue from the beverage industry, especially through the sale of beer. The main market is China, where the company has a strong brand presence and a high market share. The USA and Europe follow as important export markets, with the American market standing out particularly due to the increasing demand for international beer varieties.

Production Facilities: Over 60 Breweries in China (As of 2023)

Tsingtao Brewery Company Limited mainly produces its products in China. The company operates over 60 breweries across the country, strategically located in various provinces to ensure efficient production and distribution.

This geographical distribution enables Tsingtao to offer its products competitively both in the domestic and international markets. The production facilities are equipped with modern technologies to ensure the high quality of the beers.

Revenue Growth: 10.5% (estimated for 2024)
Market Share in China: 15% (estimated for 2024)

Tsingtao Brewery Company Limited is pursuing a multi-pronged growth strategy to strengthen its market position both in China and internationally. A central element of this strategy is the focus on premium products to achieve higher margins and differentiate itself from the competition. This includes the introduction of new, high-quality beer brands and the enhancement of existing product lines.

In addition, Tsingtao is investing in expanding its production capacities and modernizing its breweries to become more efficient and meet the increasing demand. Another important aspect is the exploration of new international markets, especially in Southeast Asia and Europe, where the company aims to expand its presence through strategic partnerships and joint ventures.

In the digital realm, Tsingtao is increasingly leveraging e-commerce platforms and digital marketing strategies to reach younger target groups and strengthen direct customer engagement. These measures are intended to sustainably support the company's growth in the coming years.

Imported Raw Materials: Barley, Hops, Malt

Main Import Countries: Australia, Canada, Germany, France

Tsingtao Brewery Company Limited mainly imports barley, hops, and malt, the essential raw materials for beer production. Australia and Canada are significant suppliers of barley, while Germany and France are known for high-quality hops. These countries offer raw materials of high quality that are crucial for the production of premium beers.

The dependence on imported raw materials is typical for breweries that aim to maintain high quality standards, as the climatic conditions in China are not always optimal for the cultivation of these materials.

Market share in China: 15% (estimated 2025)
Revenue growth: 8.5% (2024)
EBITDA margin: 18% (2024)

Tsingtao Brewery Company Limited has a significant competitive advantage, especially due to its strong brand recognition and long tradition in the Chinese beer market. With an estimated market share of 15%, Tsingtao is among the leading breweries in China, supported by its wide range of products and strong distribution channels.

In 2024, the company achieved a revenue growth of 8.5%, attributed to increased demand and successful marketing strategies. The EBITDA margin of 18% also indicates an efficient cost structure and strong operational performance.

Tsingtao's competitive advantage is further strengthened by its ability to expand both domestically and internationally, with a focus on quality and innovation. Continuous investment in brand building and distribution is expected to contribute to strengthening its market position in the coming years.

Institutional Investor Share: approximately 45% (2025, estimated)

Insider Purchases/Sales: No significant changes reported (2025, estimated)

The institutional investor share in Tsingtao Brewery Company Limited is estimated to be around 45%. This figure indicates that a significant portion of the shares are held by large institutional investors, suggesting a certain level of confidence in the company's stability and growth potential.

Regarding insider purchases or sales, no significant changes were reported in 2025. This could indicate that the management and other insiders are satisfied with the current company strategy and market position. Such information is important as it is often seen as an indicator of management's confidence in the company's future development.

Market share of Tsingtao Brewery: 15% (estimated for 2025)

Top competitors and their market shares:

1. China Resources Snow Breweries: 25%
2. Anheuser-Busch InBev: 20%
3. Tsingtao Brewery: 15%
4. Yanjing Beer: 10%
5. Carlsberg Group: 8%

Moat of Tsingtao Brewery:

Tsingtao Brewery has a significant moat due to its strong brand recognition and historical presence in the Chinese market. The brand is one of the most well-known Chinese beer brands worldwide and benefits from an established distribution network and a loyal customer base.

Compared to competitors, China Resources Snow Breweries has a larger market share, attributed to an aggressive expansion strategy and a strong presence in various price segments. Anheuser-Busch InBev leverages its global reach and brand diversity to strengthen its position in China.

Yanjing Beer and Carlsberg Group also have strong regional presence, but not the same brand strength as Tsingtao. Tsingtao's moat could be further expanded through innovations and a stronger international expansion to keep pace with competitors' global strategies.

Revenue Growth: 8.5% (2024) Profit Growth: 7.2% (2024) Market Share in China: 16% (2024)

Tsingtao Brewery Company Limited recorded solid revenue growth of 8.5% in 2024, attributed to strong domestic market demand and successful expansion into international markets. The 7.2% profit growth indicates that the company was able to effectively manage its operating costs and increase profitability.

With a 16% market share in China, Tsingtao is positioned as one of the leading players in the Chinese beer market, providing a stable source of income. Continued investment in brand strengthening and product diversification could further enhance growth potential.

Overall, Tsingtao's financial performance and market position suggest that the stock represents an attractive investment opportunity, especially for investors interested in the long-term development in the Asian market.

Dividend Yield: 2.5% (estimated for 2025)

Dividend History: Continuous payout over the last 5 years

Tsingtao Brewery Company Limited has regularly distributed dividends in recent years, indicating a reliable dividend policy. The estimated dividend yield for 2025 is around 2.5%, based on recent payouts and current market trends.

The reliability of dividend payment is supported by Tsingtao's stable financial performance and strong market position. The company has demonstrated in the past its ability to pay dividends even in economically challenging times. Analysts expect Tsingtao to continue its dividend policy in the future, unless significant economic changes occur.