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China Resources Beer (Holdings) Co (0291) Ratios
China Resources Beer (Holdings) Co Ratios
HK:0291's free cash flow for Q2 2026 was $5.98B. For the 2026 fiscal year, HK:0291's free cash flow was decreased by $-758.84M and operating cash flow was $6.74B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.82 | 0.60 | 0.70 | 0.88 | 0.75 |
| Quick Ratio | 0.46 | 0.23 | 0.31 | 0.57 | 0.45 |
| Cash Ratio | 0.27 | 0.15 | 0.23 | 0.43 | 0.25 |
| Solvency Ratio | 0.19 | 0.21 | 0.20 | 0.20 | 0.25 |
| Operating Cash Flow Ratio | 0.28 | 0.27 | 0.17 | 0.29 | 0.24 |
| Short-Term Operating Cash Flow Coverage | 3.55 | 4.72 | 4.46 | 15.13 | 86.31 |
| Net Current Asset Value | $ -11.46B | $ -18.09B | $ -20.21B | $ -7.93B | $ -7.06B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.05 | 0.03 | 0.07 | 0.02 | 0.00 |
| Debt-to-Equity Ratio | 0.11 | 0.07 | 0.17 | 0.04 | 0.00 |
| Debt-to-Capital Ratio | 0.10 | 0.07 | 0.15 | 0.04 | 0.00 |
| Long-Term Debt-to-Capital Ratio | 0.04 | 0.02 | 0.12 | 0.02 | 0.00 |
| Financial Leverage Ratio | 2.13 | 2.19 | 2.36 | 1.72 | 1.55 |
| Debt Service Coverage Ratio | 2.92 | 4.64 | 6.89 | 13.07 | 102.66 |
| Interest Coverage Ratio | 86.87 | 67.70 | 30.55 | 102.28 | 566.33 |
| Debt to Market Cap | 0.04 | 0.03 | 0.05 | 0.01 | 0.00 |
| Interest Debt Per Share | 1.07 | 0.73 | 1.69 | 0.39 | 0.04 |
| Net Debt to EBITDA | -0.42 | -0.17 | -0.02 | -1.23 | -0.68 |
| Profitability Margins | |||||
| Gross Profit Margin | 43.07% | 42.64% | 41.36% | 38.46% | 39.16% |
| EBIT Margin | 14.41% | 17.42% | 18.65% | 18.61% | 22.62% |
| EBITDA Margin | 20.30% | 23.50% | 24.50% | 23.76% | 28.54% |
| Operating Profit Margin | 14.41% | 14.19% | 14.28% | 11.31% | 10.18% |
| Pretax Profit Margin | 13.97% | 17.21% | 18.18% | 15.68% | 18.62% |
| Net Profit Margin | 8.87% | 12.27% | 13.24% | 12.32% | 13.74% |
| Continuous Operations Profit Margin | 8.36% | 12.32% | 13.39% | 12.34% | 13.75% |
| Net Income Per EBT | 63.52% | 71.27% | 72.80% | 78.58% | 73.81% |
| EBT Per EBIT | 96.97% | 121.24% | 127.30% | 138.58% | 182.90% |
| Return on Assets (ROA) | 5.32% | 6.84% | 7.20% | 7.58% | 8.98% |
| Return on Equity (ROE) | 11.33% | 14.95% | 17.01% | 13.04% | 13.92% |
| Return on Capital Employed (ROCE) | 13.84% | 12.68% | 11.79% | 13.07% | 13.55% |
| Return on Invested Capital (ROIC) | 7.90% | 8.76% | 8.50% | 10.26% | 8.96% |
| Return on Tangible Assets | 7.75% | 10.71% | 11.27% | 9.35% | 11.64% |
| Earnings Yield | 4.30% | 5.79% | 5.07% | 2.45% | 2.21% |
| Efficiency Ratios | |||||
| Receivables Turnover | 22.43 | 40.54 | 45.27 | 264.05 | 206.17 |
| Payables Turnover | 7.61 | 6.82 | 7.72 | 6.31 | 6.54 |
| Inventory Turnover | 2.54 | 2.30 | 2.40 | 2.59 | 2.56 |
| Fixed Asset Turnover | 1.97 | 1.82 | 1.98 | 1.81 | 1.59 |
| Asset Turnover | 0.60 | 0.56 | 0.54 | 0.62 | 0.65 |
| Working Capital Turnover Ratio | -5.50 | -4.38 | -7.50 | -7.33 | -4.83 |
| Cash Conversion Cycle | 112.15 | 114.27 | 112.68 | 84.40 | 88.29 |
| Days of Sales Outstanding | 16.27 | 9.00 | 8.06 | 1.38 | 1.77 |
| Days of Inventory Outstanding | 143.87 | 158.78 | 151.92 | 140.89 | 142.37 |
| Days of Payables Outstanding | 47.99 | 53.51 | 47.31 | 57.87 | 55.85 |
| Operating Cycle | 160.14 | 167.78 | 159.98 | 142.27 | 144.14 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 2.20 | 2.14 | 1.28 | 2.39 | 1.89 |
| Free Cash Flow Per Share | 1.64 | 1.27 | 0.50 | 1.81 | 1.33 |
| Dividend Paid and CapEx Coverage Ratio | 1.56 | 1.12 | 0.94 | 2.14 | 1.99 |
| Capital Expenditure Coverage Ratio | 3.96 | 2.46 | 1.65 | 4.12 | 3.40 |
| Operating Cash Flow Coverage Ratio | 2.09 | 3.01 | 0.79 | 6.39 | 46.78 |
| Operating Cash Flow to Sales Ratio | 0.17 | 0.18 | 0.11 | 0.22 | 0.18 |
| Free Cash Flow Yield | 6.26% | 5.02% | 1.60% | 3.32% | 2.09% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 25.21 | 17.29 | 19.74 | 40.74 | 45.16 |
| Price-to-Sales (P/S) Ratio | 2.06 | 2.12 | 2.61 | 5.02 | 6.20 |
| Price-to-Book (P/B) Ratio | 2.64 | 2.58 | 3.36 | 5.31 | 6.29 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 15.97 | 19.91 | 62.43 | 30.16 | 47.91 |
| Price-to-Operating Cash Flow Ratio | 11.94 | 11.82 | 24.51 | 22.84 | 33.80 |
| Price-to-Earnings Growth (PEG) Ratio | -0.88 | -2.11 | 1.06 | -8.21 | 0.39 |
| Enterprise Value Multiple | 9.75 | 8.85 | 10.64 | 19.89 | 21.06 |
| Enterprise Value | 81.54B | 80.40B | 101.47B | 166.63B | 200.68B |
| EV to EBITDA | 9.75 | 8.85 | 10.64 | 19.89 | 21.06 |
| EV to Sales | 1.98 | 2.08 | 2.61 | 4.73 | 6.01 |
| EV to Free Cash Flow | 15.30 | 19.54 | 62.29 | 28.40 | 46.42 |
| EV to Operating Cash Flow | 11.44 | 11.60 | 24.46 | 21.51 | 32.75 |
| Tangible Book Value Per Share | 4.47 | 3.24 | 2.58 | 4.60 | 3.95 |
| Shareholders’ Equity Per Share | 9.95 | 9.77 | 9.34 | 10.27 | 10.16 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.40 | 0.28 | 0.26 | 0.21 | 0.26 |
| Revenue Per Share | 12.70 | 11.91 | 12.00 | 10.87 | 10.29 |
| Net Income Per Share | 1.13 | 1.46 | 1.59 | 1.34 | 1.41 |
| Tax Burden | 0.64 | 0.71 | 0.73 | 0.79 | 0.74 |
| Interest Burden | 0.97 | 0.99 | 0.97 | 0.84 | 0.82 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.29 | 0.30 | 0.09 | 0.09 | 0.11 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.34 | 1.04 | 0.59 | 1.58 | 1.09 |
Currency in CNY
