China Resources Beer Valuation Multiples

China Resources Beer Overview

About China Resources Beer

China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food, and beverage industries. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company achieved its leadership position in China’s beer industry. Amid the premiumization trend in the domestic beer market, CR Beer acquired Heineken China in 2019, which allows CR Beer access to a premium international beer brand and also leverages its sophisticated distribution network to grow Heineken’s sales and market share. CR Beer is now China’s largest brewer, with a volume share of about 26%, versus 15% of Tsingtao and 19% of Budweiser APAC, based on Euromonitor data.

Founded

1965

HQ

Employees

26.0K

Website

crbeer.com.hk

Sectors

Alcohol

Financials (LTM)

Revenue: $6B

EBITDA: $1B

EV

$10B

Valuation Multiples

Multiples.vc

Start free trial

China Resources Beer Financials

China Resources Beer reported last 12-month revenue of $6B and EBITDA of $1B.

In the same LTM period, China Resources Beer generated $2B in gross profit, $1B in EBITDA, and $573M in net income.

China Resources Beer P&L

In the most recent fiscal year, China Resources Beer reported revenue of $6B and EBITDA of $1B.

China Resources Beer expects next 12-month revenue of XXX and NTM EBITDA of XXX

China Resources Beer Stock Performance

China Resources Beer has current market cap of $11B, and enterprise value of $10B.

China Resources Beer's stock price is $3.47.

China Resources Beer Valuation Multiples

China Resources Beer trades at 1.8x EV/Revenue multiple, and 8.3x EV/EBITDA.

China Resources Beer Financial Valuation Multiples

As of March 25, 2026, China Resources Beer has market cap of $11B and EV of $10B.

Equity research analysts estimate China Resources Beer's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

China Resources Beer has a P/E ratio of 19.6x.

China Resources Beer Margins & Growth Rates

China Resources Beer's revenue in the last 12 month grew by 4%.

China Resources Beer's revenue per employee in the last FY averaged $0.2M.

China Resources Beer's rule of 40 is 25% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

China Resources Beer's rule of X is 31% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

China Resources Beer Public Comps

See public comps and valuation multiples for other Alcohol comps.

China Resources Beer M&A Activity

China Resources Beer acquired XXX companies to date.

Last acquisition by China Resources Beer was on XXXXXXXX, XXXXX. China Resources Beer acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

China Resources Beer Investment Activity

China Resources Beer invested in XXX companies to date.

China Resources Beer made its latest investment on XXXXXXXX, XXXXX. China Resources Beer invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).