China Resources Beer (Holdings) Company Limited (0291.HK) stock analysis

In our weekly check, China Resources Beer (Holdings) Company Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 5, red flags: 3.

About China Resources Beer (Holdings) Company Limited

China Resources Beer (Holdings) Company Limited is a Consumer Defensive company (Beverages - Alcoholic) based in Hong Kong, listed on HKSE as 0291.HK.

What our checks show for 0291.HK

Red flags

• The net margin fell by 4.9 points over 5 years, to 8.9%: the company keeps less of each sale as profit.
• The dividend takes 503% of profit: little cushion if profit falls.
• The stock has fallen as much as 76% from a peak. Would you have held through that?

Warning signs

• Revenue grew only 0.2% a year over the last 3 years.
• Earnings per share fell 8.1% a year over the last 3 years.
• Net profit fell 10.2% a year over the last 3 years.
• The net margin is only 8.9%: little room if costs rise.
• The stock is still below its previous peak.

Strengths

• Debt is low: 0.15x equity.
• Operating profit covers interest 13 times over.
• The gross margin is 43.1% and has risen by 4.1 points: pricing power is holding.
• Operating cash flow is 1.95x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 28.6% a year over the next years.
• Analysts expect the net margin to improve by 4.2 points from today's 8.9%.

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Questions

What grade does China Resources Beer (Holdings) Company Limited (0291.HK) have?

In our weekly check, China Resources Beer (Holdings) Company Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 5, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 0291.HK stock?

This week's biggest flags for China Resources Beer (Holdings) Company Limited: Margins falling, Dividend stretched, Deep past fall. In total 8 of 25 checks show a warning or a red flag.

What does China Resources Beer (Holdings) Company Limited do?

China Resources Beer (Holdings) Company Limited is a Consumer Defensive company (Beverages - Alcoholic) based in Hong Kong, listed on HKSE as 0291.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 2026-10-24

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