XHKG6811
Market cap98mUSD
Dec 27, Last price
0.76HKD
1D
1.33%
1Q
10.14%
IPO
-73.24%
Name
Tai Hing Group Holdings Ltd
Chart & Performance
P/E
8.14
P/S
0.24
EPS
0.09
Div Yield, %
7.76%
Shrs. gr., 5y
0.11%
Rev. gr., 5y
0.54%
Revenues
3.21b
+20.07%
Net income
94m
P
CFO
685m
+32.00%
Dividend
Oct 02, 20240.025 HKD/sh
Earnings
Mar 18, 2025
Profile
Tai Hing Group Holdings Limited, an investment holding company, operates and manages restaurants. It operates a network of 217 restaurants in Hong Kong, Mainland China, Macau, and Taiwan under the Tai Hing, TeaWood, Trusty Congee King, Men Wah Bing Teng, Ph? L?, Tokyo Tsukiji, Fisher & Farmer, Rice Rule, Hot Pot Couple, King Fong Bing Teng, Asam Chicken Rice, Dao Cheng, Winter Joy, White Little, and Dimpot brands. The company was founded in 1989 and is headquartered in Quarry Bay, Hong Kong. Tai Hing Group Holdings Limited is a subsidiary of Chun Fat Company Limited.
Valuation
Title HKD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | ||||||||
Revenues | 3,211,993 20.07% | 2,675,166 -15.69% | 3,173,027 13.41% | |||||
Cost of revenue | 2,559,713 | 2,329,090 | 2,597,236 | |||||
Unusual Expense (Income) | ||||||||
NOPBT | 652,280 | 346,076 | 575,791 | |||||
NOPBT Margin | 20.31% | 12.94% | 18.15% | |||||
Operating Taxes | 22,108 | (386) | 32,949 | |||||
Tax Rate | 3.39% | 5.72% | ||||||
NOPAT | 630,172 | 346,462 | 542,842 | |||||
Net income | 93,836 -317.45% | (43,153) -143.28% | 99,716 -16.18% | |||||
Dividends | (59,319) | (74,813) | (89,410) | |||||
Dividend yield | 6.94% | 6.16% | 6.56% | |||||
Proceeds from repurchase of equity | 431,649 | 80,375 | ||||||
BB yield | -35.52% | -5.89% | ||||||
| Debt | ||||||||
Debt current | 382,928 | 364,967 | 400,647 | |||||
Long-term debt | 1,890,770 | 1,486,910 | 1,510,810 | |||||
Deferred revenue | ||||||||
Other long-term liabilities | 38,618 | 33,255 | 29,925 | |||||
Net debt | 1,918,044 | 1,533,863 | 1,406,072 | |||||
| Cash flow | ||||||||
Cash from operating activities | 684,938 | 518,874 | 689,414 | |||||
CAPEX | (161,100) | (179,348) | (138,122) | |||||
Cash from investing activities | (152,598) | (220,347) | (136,027) | |||||
Cash from financing activities | (489,277) | (505,651) | (651,449) | |||||
FCF | 588,711 | 367,842 | 957,099 | |||||
| Balance | ||||||||
Cash | 328,147 | 282,590 | 452,607 | |||||
Long term investments | 27,507 | 35,424 | 52,778 | |||||
Excess cash | 195,054 | 184,256 | 346,734 | |||||
Stockholders' equity | 256,520 | 227,134 | 371,891 | |||||
Invested Capital | 1,964,965 | 1,897,004 | 1,903,562 | |||||
ROIC | 32.63% | 18.23% | 25.21% | |||||
ROCE | 30.14% | 16.58% | 25.52% | |||||
| EV | ||||||||
Common stock shares outstanding | 1,005,399 | 1,004,446 | 1,002,704 | |||||
Price | 0.85 -29.75% | 1.21 -11.03% | 1.36 -7.48% | |||||
Market cap | 854,589 -29.69% | 1,215,380 -10.87% | 1,363,677 -7.65% | |||||
EV | 2,773,849 | 2,750,475 | 2,771,393 | |||||
EBITDA | 1,185,535 | 876,996 | 1,150,369 | |||||
EV/EBITDA | 2.34 | 3.14 | 2.41 | |||||
Interest | 55,200 | 49,494 | 54,944 | |||||
Interest/NOPBT | 8.46% | 14.30% | 9.54% | |||||