)
Visual
test
China Resources Beer (Holdings) Company
China Resources Beer (Holdings) Company (0291) investor relations material
China Resources Beer (Holdings) Company H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2025 earnings summary19 Aug, 2025
Executive summary
Turnover for 1H2025 was RMB23,942 million, up 0.8% year-over-year, with record highs in gross profit margin (48.9%), EBIT, and profit attributable to shareholders, driven by premiumisation and cost savings strategies.
EBIT reached RMB7,691 million, up 20.8% year-over-year; profit attributable to shareholders grew 23% to RMB5,789 million; basic EPS was RMB1.78.
Interim dividend per share increased 24% to RMB0.464, rewarding shareholders.
Beer business outperformed peers in sales volume, average selling price, and turnover, with premium and sub-premium segments showing double-digit growth.
Baijiu business faced industry headwinds but maintained stable margins, with premium product “Zhaiyao” contributing nearly 80% of segment turnover.
Financial highlights
Gross profit margin increased by 2.0 percentage points to 48.9%; turnover rose to RMB23,942 million.
EBITDA increased 19% to RMB8,922 million; EBIT up 21% to RMB7,691 million.
Profit attributable to shareholders was RMB5,789 million, up 23% year-over-year; basic EPS rose to RMB1.78.
Net cash position improved to RMB7,382 million as of 30 June 2025; net cash from operating activities increased 6% to RMB6,373 million.
Interim dividend per share: RMB0.464 (2024: RMB0.373); dividend payout ratio remained at 26%.
Outlook and guidance
Continued focus on premiumisation, digital transformation, and cost efficiency to drive future growth.
Strategic partnerships, new product development, and innovative marketing to capture evolving consumer trends.
Baijiu business to focus on product portfolio optimisation, channel expansion, and cost management.
Management expects sufficient resources to meet liabilities and continue operations for the foreseeable future.
Assess baijiu's long-term strategy.
Explain the online business growth.
Detail pledged assets as of June 2025.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%. - 6 FebFFWM
Merger vote includes new non-voting stock class with limited conversion and no voting rights. - 6 FebKKR
Charter amendments seek to modernize governance and establish one share, one vote by 2026. - 6 FebARI
Proposed $9B real estate loan portfolio acquisition highlights disciplined, long-term strategy. - 6 FebSMCI
Q2 revenue jumped 123% to $12.7B, with FY26 guidance raised to at least $40B. - 6 FebRJF
Record revenues and assets, higher dividend, and acquisitions despite lower net income. - 6 FebFFIE
Raising capital for global EV and AI expansion, with regulatory and dilution risks highlighted.
Next China Resources Beer (Holdings) Company earnings date
H2 202517 Mar, 2026
China Resources Beer (Holdings) Company
Next China Resources Beer (Holdings) Company earnings date
H2 202517 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
China Resources Beer (Holdings) Company Limited operates as a subsidiary of China Resources Holdings, focusing on a diverse range of sectors including retailing, beverages, food processing and distribution, textiles, and real estate primarily in Hong Kong and Mainland China. The company is recognized for its significant presence in the beverage industry, particularly through its majority stake in CR Snow, which is the largest brewing company in China. The company's operations encompass the manufacture, distribution, and sale of beer products, catering to both domestic and international markets. The company is headquartered in Hong Kong, and its shares are listed on the Hong Kong Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage