---
title: "Tsingtao Brewery Company Limited (600600.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600600.SH.md"
symbol: "600600.SH"
name: "Tsingtao Brewery Company Limited"
industry: "Brewers"
datetime: "2026-05-19T22:32:54.217Z"
locales:
  - [en](https://longbridge.com/en/quote/600600.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600600.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600600.SH.md)
---

# Tsingtao Brewery Company Limited (600600.SH)

## Company Overview

Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the manufacture and sale of beer products in Mainland China, Hong Kong, Macau, and internationally. It operates in seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Regions; and Finance Company. The company sells its beer products primarily under the Tsingtao Beer, Laoshan Beer, Hans Beer, Tsingtao Beer Museum, TSINGTAO 1903 Pubs, and Tsingtao Prince brand names. It also provides wealth management, agency collection, real estate, software and IT, and payment services, as well as technology promotion and application services.

| Item | Detail |
|------|--------|
| Industry | Brewers |
| Exchange | CN Market |
| Website | [www.tsingtao.com.cn](https://www.tsingtao.com.cn) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:08.000Z

**Overall: C (0.41)**

**Industry**: Brewers

| Metric | Value |
|--------|-------|
| Industry Ranking | 3 / 7 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Large - The company has stable operations, allowing for dependable long-term returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -0.37% |  |
| Net Profit YoY | 4.93% |  |
| P/B Ratio | 2.59 |  |
| Dividend Ratio | 3.57% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 84090463103.96 |  |
| Revenue | 32282228667.37 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 14.80% | A |
| Profit Margin | 14.48% | B |
| Gross Margin | 42.74% | B |
| Revenue YoY | -0.37% | D |
| Net Profit YoY | 4.93% | C |
| Total Assets YoY | 4.05% | C |
| Net Assets YoY | 5.48% | C |
| Cash Flow Margin | 123.99% | B |
| OCF YoY | -0.37% | D |
| Turnover | 0.62 | B |
| Gearing Ratio | 37.63% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Tsingtao Brewery Company Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-0.37%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "4.93%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.59",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "3.57%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "84090463103.96",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "32282228667.37",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "14.80%",
          "rating": "A"
        },
        {
          "name": "Profit Margin",
          "value": "14.48%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "42.74%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "-0.37%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "4.93%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "4.05%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "5.48%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "123.99%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "-0.37%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.62",
          "rating": "B"
        },
        {
          "name": "Gearing Ratio",
          "value": "37.63%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 17.99 | 2/7 | 20.91 | 19.22 | 18.32 |
| PB | 2.59 | 5/7 | 3.08 | 2.84 | 2.70 |
| PS (TTM) | 2.60 | 4/7 | 2.88 | 2.73 | 2.61 |
| Dividend Yield | 3.57% | 2/7 | 3.55% | 3.46% | 3.23% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Yanjing Brewery (000729.SZ) | B | C | B | B | C | B |
| 02 | TIBET DEVELOPMENT (000752.SZ) | A | C | D | A | C | B |
| 03 | Tsingtao Brewery (600600.SH) | B | C | B | B | C | C |
| 04 | CBC (600132.SH) | A | C | E | A | B | C |
| 05 | ZHUJIANG BREWERY (002461.SZ) | B | C | C | B | C | C |

## Institutional View

### Analyst Rating Distribution

> As of 2026-04-29T16:00:00.000Z

Total Analysts: **21**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 11 | 52% |
| Overweight | 3 | 14% |
| Hold | 7 | 33% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 61.69 |
| Highest Target | 90.00 |
| Lowest Target | 62.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600600.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600600.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600600.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600600.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**