XHKG1876
Market cap13bUSD
Dec 20, Last price
7.42HKD
1D
0.54%
1Q
-7.13%
IPO
-75.02%
Name
Budweiser Brewing Company APAC Ltd
Chart & Performance
P/E
14.78
P/S
1.84
EPS
0.06
Div Yield, %
0.51%
Shrs. gr., 5y
4.12%
Rev. gr., 5y
-4.12%
Revenues
6.86b
+5.84%
Net income
852m
-6.68%
CFO
1.81b
+14.84%
Dividend
May 22, 20240.4128 HKD/sh
Earnings
Feb 26, 2025
Profile
Budweiser Brewing Company APAC Limited, an investment holding company, produces, imports, markets, distributes, and sells beer primarily in China, South Korea, India, Vietnam, and the other Asia Pacific regions. The company offers a portfolio of approximately more than 50 beer brands, including Budweiser, Stella Artois, Corona, Hoegaarden, Cass, and Harbin. It also produces, markets, distributes, and sells ready-to-drink products, energy drinks, and spirits. The company sells its products to distributors and retailers. It operates 48 breweries. The company was incorporated in 2019 and is based in Causeway Bay, Hong Kong. Budweiser Brewing Company APAC Limited is a subsidiary of AB InBev Brewing Company (APAC) Limited.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
| Income | |||||||
Revenues | 6,856,000 5.84% | 6,478,000 -4.57% | 6,788,000 21.47% | ||||
Cost of revenue | 5,594,000 | 5,358,000 | 5,511,000 | ||||
Unusual Expense (Income) | |||||||
NOPBT | 1,262,000 | 1,120,000 | 1,277,000 | ||||
NOPBT Margin | 18.41% | 17.29% | 18.81% | ||||
Operating Taxes | 447,000 | 334,000 | 432,000 | ||||
Tax Rate | 35.42% | 29.82% | 33.83% | ||||
NOPAT | 815,000 | 786,000 | 845,000 | ||||
Net income | 852,000 -6.68% | 913,000 -3.89% | 950,000 84.82% | ||||
Dividends | (500,000) | (399,000) | (374,000) | ||||
Dividend yield | |||||||
Proceeds from repurchase of equity | (85,000) | (15,000) | |||||
BB yield | |||||||
| Debt | |||||||
Debt current | 237,000 | 147,000 | 150,000 | ||||
Long-term debt | 243,000 | 201,000 | 138,000 | ||||
Deferred revenue | 241,000 | 258,000 | |||||
Other long-term liabilities | 220,000 | 3,000 | 66,000 | ||||
Net debt | (3,167,000) | (2,620,000) | (2,227,000) | ||||
| Cash flow | |||||||
Cash from operating activities | 1,811,000 | 1,577,000 | 1,903,000 | ||||
CAPEX | (498,000) | (494,000) | (606,000) | ||||
Cash from investing activities | (447,000) | (440,000) | (731,000) | ||||
Cash from financing activities | (621,000) | (500,000) | (464,000) | ||||
FCF | 368,000 | 519,000 | 202,000 | ||||
| Balance | |||||||
Cash | 3,166,000 | 2,458,000 | 2,007,000 | ||||
Long term investments | 481,000 | 510,000 | 508,000 | ||||
Excess cash | 3,304,200 | 2,644,100 | 2,175,600 | ||||
Stockholders' equity | (32,646,000) | (32,752,000) | (32,508,000) | ||||
Invested Capital | 44,047,000 | 43,571,000 | 43,575,000 | ||||
ROIC | 1.86% | 1.80% | 1.94% | ||||
ROCE | 10.68% | 9.96% | 11.06% | ||||
| EV | |||||||
Common stock shares outstanding | 3,317,894 | 3,310,059 | 3,308,080 | ||||
Price | |||||||
Market cap | |||||||
EV | |||||||
EBITDA | 1,916,000 | 1,791,000 | 1,989,000 | ||||
EV/EBITDA | |||||||
Interest | 32,000 | 25,000 | 19,000 | ||||
Interest/NOPBT | 2.54% | 2.23% | 1.49% | ||||