Want to see HK:0322 full AI Analyst Report?
Top Page
Tingyi (Cayman Islands) Holding
(0322)
Select Model
Select Model
Rating:62Neutral
Price Target:
HK$10.50
â–¼(-16.13% Downside)
Action:Reiterated
Date:04/30/26
The score is driven primarily by improved profitability and currently stronger operating/free cash flow, tempered by leverage and mixed top-line momentum (2025 revenue decline and cash-flow data confidence issues). Technical indicators point to weaker near-term momentum, while valuation remains supportive with a moderate P/E and dividend yield.
Positive Factors
Margin expansion
Gross margin rose materially (about 29% in 2022 to ~35% in 2025) and net margin expanded (~3.3% to ~5.7%), which strengthens earnings power independent of volatile top-line. Sustained margin improvement supports internal cash generation, resilience to cost shocks, and room for reinvestment or shareholder returns over the medium term.
Negative Factors
Top-line pressure
A contracting top line offsets margin gains and threatens long-term operating leverage. Persistent revenue decline can erode scale advantages, pressure channel relationships, and require higher promotional spend to defend share. If demand or pricing headwinds continue, profitability and cash generation could be harder to sustain.
Read all positive and negative factors
Positive Factors
Negative Factors
Margin expansion
Gross margin rose materially (about 29% in 2022 to ~35% in 2025) and net margin expanded (~3.3% to ~5.7%), which strengthens earnings power independent of volatile top-line. Sustained margin improvement supports internal cash generation, resilience to cost shocks, and room for reinvestment or shareholder returns over the medium term.
Read all positive factors
Tingyi (Cayman Islands) Holding (0322) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$54.51B
Dividend Yield5.46%
Average Volume (3M)8.44M
Price to Earnings (P/E)15.5
Beta (1Y)0.36
Revenue Growth-1.95%
EPS Growth20.50%
CountryHK
Employees64,802
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)0.72
Shares Outstanding5,637,186,500
10 Day Avg. Volume8,897,846
30 Day Avg. Volume8,441,205
Financial Highlights & Ratios
PEG Ratio0.75
Price to Book (P/B)3.98
Price to Sales (P/S)0.77
P/FCF Ratio11.73
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$13.27Price Target Upside5.96% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)0.8
Revenue Forecast (FY)HK$81.24B
Tingyi (Cayman Islands) Holding Business Overview & Revenue Model
Company Description
Tingyi (Cayman Islands) Holding Corp. operates as an investment holding company, with its primary focus on manufacturing and selling instant noodles, a diverse range of beverages, and convenience food products across the People's Republic of China...
How the Company Makes Money
Tingyi makes money primarily by selling branded packaged foods and beverages at scale. Its main revenue streams are (1) Instant noodles: revenue is generated from the sale of Master Kong instant noodle products across multiple price tiers and flav...
Tingyi (Cayman Islands) Holding Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
58
Neutral
Cash Flow
66
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 79.54B | 77.02B | 80.65B | 80.42B | 78.72B | 74.08B |
| Gross Profit | 27.07B | 26.82B | 26.70B | 24.47B | 22.90B | 22.51B |
| EBITDA | 9.30B | 9.78B | 8.67B | 8.75B | 7.86B | 9.17B |
| Net Income | 4.12B | 4.38B | 3.73B | 3.12B | 2.63B | 3.80B |
Balance Sheet | ||||||
| Total Assets | 55.95B | 54.96B | 53.15B | 53.15B | 58.45B | 60.31B |
| Cash, Cash Equivalents and Short-Term Investments | 13.08B | 13.64B | 9.69B | 11.40B | 14.03B | 16.56B |
| Total Debt | 15.25B | 15.24B | 13.52B | 14.06B | 17.92B | 14.02B |
| Total Liabilities | 39.88B | 36.46B | 35.53B | 35.93B | 41.63B | 37.90B |
| Stockholders Equity | 12.78B | 14.99B | 14.23B | 13.89B | 13.37B | 18.66B |
Cash Flow | ||||||
| Free Cash Flow | 4.65B | 5.09B | 4.66B | 1.85B | 1.24B | 2.42B |
| Operating Cash Flow | 7.87B | 8.20B | 8.26B | 5.49B | 4.48B | 5.42B |
| Investing Cash Flow | -2.91B | -5.31B | -2.86B | -3.72B | -3.38B | -4.04B |
| Financing Cash Flow | -4.01B | -2.38B | -4.67B | -7.32B | -4.62B | -6.94B |
Tingyi (Cayman Islands) Holding Technical Analysis
Negative
12.52
Price Trends
11.09
Negative
11.44
Negative
11.00
Negative
Market Momentum
-0.42
Positive
32.63
Neutral
13.55
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0322, the sentiment is Negative. The current price of 12.52 is above the 20-day moving average (MA) of 10.65, above the 50-day MA of 11.09, and above the 200-day MA of 11.00, indicating a bearish trend. The MACD of -0.42 indicates Positive momentum. The RSI at 32.63 is Neutral, neither overbought nor oversold. The STOCH value of 13.55 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0322.
Tingyi (Cayman Islands) Holding Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | HK$17.09B | 10.37 | 19.86% | 4.49% | 15.34% | 30.46% | |
69 Neutral | HK$6.42B | 19.69 | 9.06% | 1.41% | 3.16% | 78.05% | |
67 Neutral | HK$44.85B | 9.75 | 23.55% | 3.26% | 2.03% | 1.43% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
62 Neutral | HK$54.51B | 15.54 | 23.34% | 5.46% | -1.95% | 20.50% | |
59 Neutral | HK$64.41B | 37.37 | 3.77% | 3.62% | -7.24% | 1390.75% | |
58 Neutral | HK$7.00B | 25.23 | 7.63% | 2.21% | -3.39% | 20.18% |
* Consumer Defensive Sector Average
HK:0322
Tingyi (Cayman Islands) Holding
10.04
-0.56
-5.26%
HK:0151
Want Want China Holdings
3.89
-1.43
-26.93%
HK:2319
China Mengniu Dairy Co
16.82
1.31
8.43%
HK:0345
Vitasoy International Holdings
6.56
-2.46
-27.28%
HK:9985
Weilong Delicious Global Holdings Limited
7.30
-6.64
-47.65%
HK:1475
Nissin Foods Co., Ltd.
6.54
-0.24
-3.54%
Tingyi (Cayman Islands) Holding Corporate Events
Tingyi Updates Final Dividend Details and Payment Timetable for 2025
Jun 8, 2026
Tingyi (Cayman Islands) Holding Corp. has declared a final ordinary dividend of RMB 0.3992 per share for the financial year ended 31 December 2025, with shareholder approval obtained on 8 June 2026. The company has set the default payment in Hong ...
Tingyi Declares Special Final Dividend for 2025 with HKD Payout Terms Set
Jun 8, 2026
Tingyi (Cayman Islands) Holding Corp. has declared a special final cash dividend of RMB 0.3992 per share for the financial year ended 31 December 2025, approved by shareholders on 8 June 2026. The default payment for shareholders on the Hong Kong ...
Tingyi Shareholders Approve All AGM Resolutions and Dividends
Jun 8, 2026
Tingyi (Cayman Islands) Holding Corp. reported that all resolutions at its 8 June 2026 annual general meeting were approved by shareholders via poll, including the adoption of amended and restated constitutional documents. Shareholders also backed...
Tingyi Sets 2026 AGM to Approve Dividends, Share Buyback Mandate and New Articles
Apr 27, 2026
Tingyi (Cayman Islands) Holding Corp. has called its annual general meeting for 8 June 2026 in Shanghai, where shareholders will review the 2025 audited accounts, consider a final and a special final dividend, re-elect two executive directors and ...
Tingyi moves to update constitutional documents for hybrid meetings
Apr 27, 2026
Tingyi (Cayman Islands) Holding Corp. plans to adopt a new amended and restated memorandum and articles of association to align its corporate governance framework with updated regulatory requirements. The revisions focus on enabling hybrid shareho...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.