OTCMCRHKY
Market cap10bUSD
Dec 20, Last price
6.55USD
1D
4.13%
1Q
7.55%
Jan 2017
65.82%
Name
China Resources Beer Holdings Co Ltd
Chart & Performance
Profile
China Resources Beer (Holdings) Company Limited, an investment holding company, manufactures, distributes, and sells beer products. The company offers its products under the Heineken, Li, Löwen Fruit Beer, Snow Xiao Pi Qi, Amstel, and Edelweiss brand names. As of March 24, 2022, it operated 65 breweries in 24 provinces, municipalities, and autonomous regions in Mainland China. The company also engages in the manufacture and distribution of Baijiu products; and development and management of real estate. The company was formerly known as China Resources Enterprise, Limited and changed its name to China Resources Beer (Holdings) Company Limited in October 2015. The company is based in Wan Chai, Hong Kong. China Resources Beer (Holdings) Company Limited is a subsidiary of China Resources (Holdings) Company Limited.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 38,932,000 10.40% | 35,263,000 5.62% | 33,387,000 6.17% | |||||||
Cost of revenue | 34,256,000 | 31,772,000 | 30,675,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 4,676,000 | 3,491,000 | 2,712,000 | |||||||
NOPBT Margin | 12.01% | 9.90% | 8.12% | |||||||
Operating Taxes | 1,864,000 | 1,178,000 | 1,625,000 | |||||||
Tax Rate | 39.86% | 33.74% | 59.92% | |||||||
NOPAT | 2,812,000 | 2,313,000 | 1,087,000 | |||||||
Net income | 5,153,000 18.62% | 4,344,000 -5.30% | 4,587,000 119.05% | |||||||
Dividends | (1,911,000) | (1,739,000) | (1,281,000) | |||||||
Dividend yield | 1.72% | 0.98% | 0.62% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 1,015,000 | 565,000 | 71,000 | |||||||
Long-term debt | 4,443,000 | 759,000 | 191,000 | |||||||
Deferred revenue | 4,023,000 | 3,766,000 | (1,812,586) | |||||||
Other long-term liabilities | 302,000 | (8,374,774) | 3,379,000 | |||||||
Net debt | (1,513,000) | (13,327,429) | (8,520,938) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 4,149,000 | 7,747,852 | 6,128,059 | |||||||
CAPEX | (2,520,000) | (1,879,810) | (1,804,680) | |||||||
Cash from investing activities | (9,687,000) | (1,197,375) | (3,373,806) | |||||||
Cash from financing activities | 927,000 | (917,836) | (1,675,862) | |||||||
FCF | 5,767,755 | 36,102 | 424,563 | |||||||
Balance | ||||||||||
Cash | 5,520,000 | 11,801,723 | 7,086,220 | |||||||
Long term investments | 1,451,000 | 2,849,706 | 1,696,718 | |||||||
Excess cash | 5,024,400 | 12,888,279 | 7,113,588 | |||||||
Stockholders' equity | 38,932,000 | 30,954,198 | 30,581,207 | |||||||
Invested Capital | 38,759,600 | 16,254,970 | 15,991,236 | |||||||
ROIC | 10.22% | 14.35% | 6.83% | |||||||
ROCE | 9.71% | 11.26% | 10.82% | |||||||
EV | ||||||||||
Common stock shares outstanding | 3,244,177 | 3,244,177 | 3,244,177 | |||||||
Price | 34.20 -37.31% | 54.55 -14.57% | 63.85 -11.26% | |||||||
Market cap | 110,950,850 -37.31% | 176,969,847 -14.57% | 207,140,689 -11.26% | |||||||
EV | 115,695,850 | 163,680,417 | 198,676,751 | |||||||
EBITDA | 6,953,000 | 5,258,769 | 4,725,242 | |||||||
EV/EBITDA | 16.64 | 31.13 | 42.05 | |||||||
Interest | 182,000 | 39,000 | 6,000 | |||||||
Interest/NOPBT | 3.89% | 1.12% | 0.22% |