Financial Performance: CHINA RES BEER reported a 17% year-on-year increase in core net profit for its beer business, surpassing Citi Research's expectations, with revenue up 3% YoY.
Market Comparison: The company's performance significantly outperformed BUD APAC, which experienced a 10% YoY decline in sales in China and an 11% drop in core EBITDA.
Baijiu Business Resilience: Despite a 34% YoY revenue decline in the baijiu segment, there was no goodwill impairment, and the company declared a 24% YoY increase in interim dividends, reflecting confidence in future performance.
Broker Recommendations: Citi Research maintains a "Buy" rating on CHINA RES BEER, setting a target price of $35.6, favoring it over competitors like BUD APAC and TSINGTAO BREW.
Wall Street analysts forecast 00168 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00168 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 00168 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00168 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 50.150
Low
Averages
High
Current: 50.150
Low
Averages
High
Citi Research
Citi
maintain
$35.6
Al Analysis
2025-08-19
Reason
Citi Research
Citi
Price Target
$35.6
Al Analysis
2025-08-19
maintain
Reason
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
