China Resources Beer Holdings Company Limited (0291.HK)

Name: China Resources Beer Holdings Company Limited Financial Statements
Creator: Quarter Results

Consumer Defensive | Beverages Alcoholic

Latest reporting period: 2026-04-08

Latest Quarter

2026-04-08

Revenue

$13.1B

Net Income

$3.2B

Operating Margin

25.7%

Free Cash Flow

$4.1B

Debt / Assets

47.6%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for China Resources Beer Holdings Company Limited (0291.HK).
Income Statement (Quarterly)	2026-04-08	2025-12-31	2025-06-30	2025-03-31
Revenue	13,117,418,049	15,373,761,343	13,117,418,049	12,830,401,000
Cost of Revenue	6,704,993,822	10,276,543,311	6,704,993,822	6,558,285,000
Gross Profit	6,412,424,227	5,097,218,031	6,412,424,227	6,272,117,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	3,044,038,705	5,836,183,274	3,044,038,705	2,977,433,000
Operating Expenses	3,044,038,705	5,836,183,274	3,044,038,705	2,977,433,000
Operating Income	3,368,385,522	-738,965,242	3,368,385,522	3,294,683,000
Interest Expense	15,038,113	53,643,402	15,038,113	0
Income Before Tax	4,244,450,656	-2,671,222,508	4,244,450,656	4,151,580,000
Income Tax Expense	1,090,287,441	156,551,155	1,090,287,441	1,066,431,000
Net Income	3,171,695,476	-2,647,137,714	3,171,695,476	3,102,297,000
Per Share
EPS	0.98	-0.82	0.98	0.96
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for China Resources Beer Holdings Company Limited (0291.HK).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	41,195,620,000	38,635,000,000	38,932,000,000	39,908,339,120	33,387,000,000
Cost of Revenue	23,452,818,000	22,160,000,000	22,829,000,000	24,560,893,162	20,313,000,000
Gross Profit	17,742,802,000	16,475,000,000	16,103,000,000	15,347,445,958	13,074,000,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	11,807,206,000	11,681,000,000	11,427,000,000	11,156,634,632	10,362,000,000
Operating Expenses	11,807,206,000	10,991,000,000	16,103,000,000	9,477,141,247	9,134,000,000
Operating Income	5,935,596,000	5,484,000,000	6,149,000,000	4,190,811,325	0
Interest Expense	68,325,000	81,000,000	182,000,000	39,000,000	6,000,000
Income Before Tax	5,755,566,000	6,649,000,000	7,078,000,000	6,256,226,034	6,215,000,000
Income Tax Expense	2,313,288,000	1,890,000,000	1,864,000,000	1,333,182,754	1,625,000,000
Net Income	3,655,928,000	4,739,000,000	5,153,000,000	4,344,000,000	4,587,000,000
Per Share
EPS	1.13	1.46	1.59	1.52	1.41
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for China Resources Beer Holdings Company Limited (0291.HK).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	7,715,390,000	3,816,000,000	5,520,000,000	11,552,741,563
Short Term Investments	3,388,222,000	0	3,716,000,000	248,981,499
Net Receivables	2,044,963,000	953,000,000	0	133,544,622
Inventory	10,291,642,000	9,640,000,000	9,502,000,000	8,377,095,714
Total Current Assets	23,625,111,000	15,628,000,000	17,141,000,000	23,628,344,274
Property Plant Equipment	23,276,487,000	21,264,000,000	19,673,000,000	19,472,616,706
Goodwill and Intangibles	23,901,337,000	25,064,000,000	25,797,000,000	10,851,066,428
Total Assets	76,444,403,000	69,308,000,000	71,524,000,000	57,313,000,000
Liabilities
Account Payables	3,432,775,000	3,249,000,000	2,959,000,000	3,894,296,994
Short Term Debt	1,626,169,000	1,544,000,000	1,015,000,000	565,000,000
Total Current Liabilities	28,688,510,000	26,054,000,000	24,364,000,000	26,784,750,644
Long Term Debt	1,496,966,000	755,000,000	4,270,000,000	647,000,000
Total Liabilities	36,387,193,000	33,723,000,000	37,350,000,000	31,553,878,088
Shareholders Equity
Retained Earnings	0	19,960,000,000	18,584,000,000	17,363,064,367
Total Shareholders Equity	35,933,870,000	31,692,000,000	30,295,000,000	33,309,197,657

Balance sheet annual history for China Resources Beer Holdings Company Limited (0291.HK).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	7,715,390,000	3,816,000,000	5,520,000,000	11,552,741,563	5,376,000,000
Short Term Investments	3,388,222,000	0	3,716,000,000	248,981,499	0
Net Receivables	2,044,963,000	953,000,000	0	133,544,622	0
Inventory	10,291,642,000	9,640,000,000	9,502,000,000	8,377,095,714	6,458,000,000
Total Current Assets	23,625,111,000	15,628,000,000	17,141,000,000	23,628,344,274	15,897,000,000
Property Plant Equipment	23,276,487,000	21,264,000,000	19,673,000,000	19,472,616,706	17,096,000,000
Goodwill and Intangibles	23,901,337,000	25,064,000,000	25,797,000,000	10,851,066,428	9,505,000,000
Total Assets	76,444,403,000	69,308,000,000	71,524,000,000	57,313,000,000	51,053,000,000
Liabilities
Account Payables	3,432,775,000	3,249,000,000	2,959,000,000	3,894,296,994	21,007,000,000
Short Term Debt	1,626,169,000	1,544,000,000	1,015,000,000	565,000,000	71,000,000
Total Current Liabilities	28,688,510,000	26,054,000,000	24,364,000,000	26,784,750,644	21,170,000,000
Long Term Debt	1,496,966,000	755,000,000	4,270,000,000	647,000,000	60,000,000
Total Liabilities	36,387,193,000	33,723,000,000	37,350,000,000	31,553,878,088	26,564,000,000
Shareholders Equity
Retained Earnings	0	19,960,000,000	18,584,000,000	17,363,064,367	0
Total Shareholders Equity	35,933,870,000	31,692,000,000	30,295,000,000	33,309,197,657	24,432,000,000

Cash flow quarterly history for China Resources Beer Holdings Company Limited (0291.HK).
Cash Flow Statement (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	6,649,000,000	7,078,000,000	4,916,252,875	4,587,000,000
Depreciation & Amortization	2,350,000,000	2,277,000,000	1,767,768,644	1,641,000,000
Stock Based Compensation	0	0	0	0
Change in Working Capital	106,000,000	-3,479,000,000	-1,212,087,208	-96,000,000
Operating Cash Flow	6,928,000,000	4,149,000,000	7,747,851,561	4,995,000,000
Investing Activities
Capital Expenditure	-2,813,000,000	-2,520,000,000	-1,879,810,319	-1,471,000,000
Investments	-2,813,000,000	-2,520,000,000	-1,879,810,319	-1,471,000,000
Investing Cash Flow	-2,135,000,000	-9,687,000,000	-1,197,374,664	-2,750,000,000
Financing Activities
Debt Repayment	-2,963,000,000	3,151,000,000	-2,400,000,000	0
Common Stock Issued/Repurchased	0	0	0	0
Dividends Paid	-3,363,000,000	-1,911,000,000	-1,968,085,577	-1,281,000,000
Financing Cash Flow	-6,494,000,000	927,000,000	-917,836,344	-1,366,000,000
Summary
Free Cash Flow	4,115,000,000	1,629,000,000	5,868,041,242	3,524,000,000
Net Change in Cash	-1,704,000,000	-4,688,000,000	4,957,256,660	838,000,000

Cash flow annual history for China Resources Beer Holdings Company Limited (0291.HK).
Cash Flow Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Operating Activities
Net Income	6,649,000,000	7,078,000,000	4,916,252,875	4,587,000,000	2,094,000,000
Depreciation & Amortization	2,350,000,000	2,277,000,000	1,767,768,644	1,641,000,000	1,746,000,000
Stock Based Compensation	0	0	0	0	0
Change in Working Capital	106,000,000	-3,479,000,000	-1,212,087,208	-96,000,000	185,000,000
Operating Cash Flow	6,928,000,000	4,149,000,000	7,747,851,561	4,995,000,000	4,480,000,000
Investing Activities
Capital Expenditure	-2,813,000,000	-2,520,000,000	-1,879,810,319	-1,471,000,000	-1,047,000,000
Investments	-2,813,000,000	-2,520,000,000	-1,879,810,319	-1,471,000,000	-1,047,000,000
Investing Cash Flow	-2,135,000,000	-9,687,000,000	-1,197,374,664	-2,750,000,000	-1,070,000,000
Financing Activities
Debt Repayment	-2,963,000,000	3,151,000,000	-2,400,000,000	0	-1,995,000,000
Common Stock Issued/Repurchased	0	0	0	0	0
Dividends Paid	-3,363,000,000	-1,911,000,000	-1,968,085,577	-1,281,000,000	-561,000,000
Financing Cash Flow	-6,494,000,000	927,000,000	-917,836,344	-1,366,000,000	-1,197,000,000
Summary
Free Cash Flow	4,115,000,000	1,629,000,000	5,868,041,242	3,524,000,000	3,433,000,000
Net Change in Cash	-1,704,000,000	-4,688,000,000	4,957,256,660	838,000,000	2,198,000,000