Tsingtao Brewery Company Limited (0168.HK) stock analysis

In our weekly check, Tsingtao Brewery Company Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 1, red flags: 3.

About Tsingtao Brewery Company Limited

Tsingtao Brewery Company Limited is a Consumer Defensive company (Beverages - Alcoholic) based in China, listed on HKSE as 0168.HK.

What our checks show for 0168.HK

Red flags

• Revenue fell 1.3% a year over the last 3 years.
• The dividend takes 215% of profit: little cushion if profit falls.
• The stock has fallen as much as 63% from a peak. Would you have held through that?

Warning signs

• Analysts expect the net margin to shrink by 1.1 points from today's 14.1%.

Strengths

• Debt is low: 0.01x equity.
• Operating profit covers interest 301 times over.
• The net margin rose by 3.6 points over 5 years, to 14.1%.
• The gross margin is 41.6% and has risen by 4.8 points: pricing power is holding.
• Operating cash flow is 1.33x net profit: the profit arrives as real cash.
• Free cash flow is 11.2% of revenue: cash for dividends, buybacks or growth.

Similar companies

0291.HK · DEO · HEIA.AS · ABEV · CARL-B.CO · BUD

Questions

What grade does Tsingtao Brewery Company Limited (0168.HK) have?

In our weekly check, Tsingtao Brewery Company Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 21 pass, warnings: 1, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 0168.HK stock?

This week's biggest flags for Tsingtao Brewery Company Limited: Weak revenue growth, Dividend stretched, Deep past fall. In total 4 of 25 checks show a warning or a red flag.

What does Tsingtao Brewery Company Limited do?

Tsingtao Brewery Company Limited is a Consumer Defensive company (Beverages - Alcoholic) based in China, listed on HKSE as 0168.HK.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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