Tsingtao Brewery Company Limited

Tsingtao Brewery Company Limitedverified

TSGTF

Price:

$5.55

Market Cap:

$70.71B

Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company. The company sells its beer products primarily under the Tsingtaoand and Laoshan brand names. It also provides wealth management, and agency collection and payment services; and financing, construction, and logistics services, as well as technology promotion and application services. The company was founded in 1903 and is headquartered ...[Read more]

Industry

Beverages - Alcoholic

IPO Date

1999-05-24

Stock Exchange

PNK

Ticker

TSGTF

The Current Ratio as of November 2024 (TTM) for Tsingtao Brewery Company Limited (TSGTF) is 1.87

According to Tsingtao Brewery Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.87. This represents a change of 5.52% compared to the average of 1.77 of the last 4 quarters.

Tsingtao Brewery Company Limited (TSGTF) Historical Current Ratio (quarterly & annually)

How has TSGTF Current Ratio performed in the past?

The mean historical Current Ratio of Tsingtao Brewery Company Limited over the last ten years is 1.45. The current 1.87 Current Ratio has changed 12.77% with respect to the historical average. Over the past ten years (40 quarters), TSGTF's Current Ratio was at its highest in in the September 2024 quarter at 1.87. The Current Ratio was at its lowest in in the December 2014 quarter at 1.12.

Quarterly (TTM)
Annual

Average

1.45

Median

1.52

Minimum

1.12

Maximum

1.75

Tsingtao Brewery Company Limited (TSGTF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tsingtao Brewery Company Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 9.82%

Maximum Annual Current Ratio = 1.75

Minimum Annual Increase = -0.12%

Minimum Annual Current Ratio = 1.12

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.757.59%
20221.632.57%
20211.59-0.12%
20201.590.96%
20191.577.03%
20181.479.13%
20171.359.82%
20161.230.59%
20151.228.65%
20141.121.57%

Tsingtao Brewery Company Limited (TSGTF) Average Current Ratio

How has TSGTF Current Ratio performed in the past?

The current Current Ratio of Tsingtao Brewery Company Limited (TSGTF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.65

5-year avg

1.62

10-year avg

1.45

Tsingtao Brewery Company Limited (TSGTF) Current Ratio vs. Peers

How is TSGTF’s Current Ratio compared to its peers?

Tsingtao Brewery Company Limited’s Current Ratio is greater than Heineken N.V. (0.78), greater than Anheuser-Busch InBev SA/NV (0.69), less than Tsingtao Brewery Company Limited (1.87), greater than Carlsberg A/S (0.59), greater than Heineken Holding N.V. (0.78), greater than Fomento Económico Mexicano, S.A.B. de C.V. (1.62), greater than Ambev S.A. (1.20), less than The Boston Beer Company, Inc. (2.03), greater than Kirin Holdings Company, Limited (1.42), greater than Heineken N.V. (0.78), greater than Molson Coors Beverage Company (0.99), less than Compañía Cervecerías Unidas S.A. (2.06), greater than Budweiser Brewing Company APAC Limited (0.92), greater than Budweiser Brewing Company APAC Limited (0.92), greater than Molson Coors Beverage Company (0.99), greater than Anheuser-Busch InBev SA/NV (0.69),

Build a custom stock screener for Tsingtao Brewery Company Limited (TSGTF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Tsingtao Brewery Company Limited using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Tsingtao Brewery Company Limited (TSGTF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Tsingtao Brewery Company Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Tsingtao Brewery Company Limited's Current Ratio?

How is the Current Ratio calculated for Tsingtao Brewery Company Limited (TSGTF)?

What is the highest Current Ratio for Tsingtao Brewery Company Limited (TSGTF)?

What is the 3-year average Current Ratio for Tsingtao Brewery Company Limited (TSGTF)?

What is the 5-year average Current Ratio for Tsingtao Brewery Company Limited (TSGTF)?

How does the current Current Ratio for Tsingtao Brewery Company Limited (TSGTF) compare to its historical average?