China Resources Beverage is the second-largest bottled water producer in China and a subsidiary of China Resources Group, a state-owned conglomerate. The bottled water segment accounts for around 90% of the company’s revenue, with C’estbon being the flagship product. The company has been leveraging its distribution network developed for water products to expand the scale of its nonwater beverages products, which accounts for roughly 10% of the company’s revenue.
1995
11.2K+
LTM Revenue $1.9B
LTM EBITDA $341M
$1.7B
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As of August 2025, CR Beverage reported last 12-month revenue of $1.9B and EBITDA of $341M.
In the same period, CR Beverage generated $871M in LTM gross profit and $207M in net income.
See CR Beverage valuation multiples based on analyst estimatesIn the most recent fiscal year, CR Beverage reported revenue of $1.7B and EBITDA of $359M.
CR Beverage expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See CR Beverage valuation multiples based on analyst estimatesLTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Revenue | $1.9B | XXX | $1.7B | XXX | XXX | XXX |
Gross Profit | $871M | XXX | $821M | XXX | XXX | XXX |
Gross Margin | 46% | XXX | 47% | XXX | XXX | XXX |
EBITDA | $341M | XXX | $359M | XXX | XXX | XXX |
EBITDA Margin | 18% | XXX | 21% | XXX | XXX | XXX |
EBIT | $247M | XXX | $263M | XXX | XXX | XXX |
EBIT Margin | 13% | XXX | 15% | XXX | XXX | XXX |
Net Profit | $207M | XXX | $210M | XXX | XXX | XXX |
Net Margin | 11% | XXX | 12% | XXX | XXX | XXX |
Net Debt | XXX | XXX | n/a | XXX | XXX | XXX |
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CR Beverage has current market cap of HKD 26.8B (or $3.4B), and EV of HKD 13.4B (or $1.7B).
As of September 12, 2025, CR Beverage's stock price is HKD 11 (or $1).
See CR Beverage trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$1.7B | $3.4B | XXX | XXX | XXX | XXX | $0.08 |
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Start Free TrialCR Beverage's trades at 1.0x EV/Revenue multiple, and 4.8x EV/EBITDA.
See valuation multiples for CR Beverage and 15K+ public compsAs of September 12, 2025, CR Beverage has market cap of $3.4B and EV of $1.7B.
Equity research analysts estimate CR Beverage's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
CR Beverage has a P/E ratio of 18.1x.
LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Market cap (current) | $3.4B | XXX | $3.4B | XXX | XXX | XXX |
EV (current) | $1.7B | XXX | $1.7B | XXX | XXX | XXX |
EV/Revenue | 1.0x | XXX | 1.0x | XXX | XXX | XXX |
EV/EBITDA | 5.5x | XXX | 4.8x | XXX | XXX | XXX |
EV/EBIT | 7.6x | XXX | 6.5x | XXX | XXX | XXX |
EV/Gross Profit | 2.2x | XXX | n/a | XXX | XXX | XXX |
P/E | 18.1x | XXX | 16.4x | XXX | XXX | XXX |
EV/FCF | 263.2x | XXX | -22.6x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialCR Beverage's last 12 month revenue growth is 2%
CR Beverage's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $50K for the same period.
CR Beverage's rule of 40 is 20% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
CR Beverage's rule of X is 24% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for CR Beverage and other 15K+ public compsLTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
---|---|---|---|---|---|---|
Revenue Growth | 2% | XXX | 2% | XXX | XXX | XXX |
EBITDA Margin | 18% | XXX | 21% | XXX | XXX | XXX |
EBITDA Growth | 8% | XXX | -3% | XXX | XXX | XXX |
Rule of 40 | 20% | XXX | 23% | XXX | XXX | XXX |
Bessemer Rule of X | XXX | XXX | 24% | XXX | XXX | XXX |
Revenue per Employee | XXX | XXX | $0.2M | XXX | XXX | XXX |
Opex per Employee | XXX | XXX | $50K | XXX | XXX | XXX |
S&M Expenses to Revenue | XXX | XXX | 30% | XXX | XXX | XXX |
G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
R&D Expenses to Revenue | XXX | XXX | 0% | XXX | XXX | XXX |
Opex to Revenue | XXX | XXX | 32% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
EV/Revenue | EV/EBITDA | |||||
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2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
Agthia Group | XXX | XXX | XXX | XXX | XXX | XXX |
Acomo | XXX | XXX | XXX | XXX | XXX | XXX |
ForFarmers | XXX | XXX | XXX | XXX | XXX | XXX |
JDE Peet's | XXX | XXX | XXX | XXX | XXX | XXX |
Sligro Food Group | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
CR Beverage acquired XXX companies to date.
Last acquisition by CR Beverage was XXXXXXXX, XXXXX XXXXX XXXXXX . CR Beverage acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
---|---|---|---|
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialWhen was CR Beverage founded? | CR Beverage was founded in 1995. |
Where is CR Beverage headquartered? | CR Beverage is headquartered in Hong Kong. |
How many employees does CR Beverage have? | As of today, CR Beverage has 11.2K+ employees. |
Is CR Beverage publicy listed? | Yes, CR Beverage is a public company listed on HKG. |
What is the stock symbol of CR Beverage? | CR Beverage trades under 02460 ticker. |
When did CR Beverage go public? | CR Beverage went public in 2024. |
Who are competitors of CR Beverage? | Similar companies to CR Beverage include e.g. Agthia Group, Acomo, ForFarmers, JDE Peet's. |
What is the current market cap of CR Beverage? | CR Beverage's current market cap is $3.4B |
What is the current revenue of CR Beverage? | CR Beverage's last 12 months revenue is $1.9B. |
What is the current revenue growth of CR Beverage? | CR Beverage revenue growth (NTM/LTM) is 2%. |
What is the current EV/Revenue multiple of CR Beverage? | Current revenue multiple of CR Beverage is 1.0x. |
Is CR Beverage profitable? | Yes, CR Beverage is EBITDA-positive (as of the last 12 months). |
What is the current EBITDA of CR Beverage? | CR Beverage's last 12 months EBITDA is $341M. |
What is CR Beverage's EBITDA margin? | CR Beverage's last 12 months EBITDA margin is 18%. |
What is the current EV/EBITDA multiple of CR Beverage? | Current EBITDA multiple of CR Beverage is 5.5x. |
What is the current FCF of CR Beverage? | CR Beverage's last 12 months FCF is $7.1M. |
What is CR Beverage's FCF margin? | CR Beverage's last 12 months FCF margin is 0%. |
What is the current EV/FCF multiple of CR Beverage? | Current FCF multiple of CR Beverage is 263.2x. |
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