Thanks to a better fundamental star rating, CHINA RESOURCES BEER HOLDINGS sees an upgrade to Neutral
The independent financial analyst theScreener just awarded an improved star rating to CHINA RESOURCES BEER HOLDINGS (HK), active in the Food Retailers & Wholesalers industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 2 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as moderately risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date February 15, 2022, the closing price was HKD 62.60 and its expected value was estimated at HKD 60.33.China Resources Beer Holdings Company is a property investment and investment holding company. Co. is principally engaged in retail, beverage, and food processing and distribution, textile and property investment businesses. Through its subsidiaries, Co. is engaged in supermarket operations; wholesale of merchandise; wharf and godown services; manufacturing and distributing beer products; distribution of fresh, live and frozen foodstuff, abattoir operation, acting as food agent; marine fishing and provision of ship stores and fishing supplies; and financing.
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