Best Food Holding Co. Ltd. (1488) AI Stock Analysis

• Market Cap: HK$1.37B
• Dividend Yield: N/A
• Average Volume (3M): 475.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.16
• Revenue Growth: -23.85%
• EPS Growth: -59.56%
• Country: HK
• Employees: 1,582
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Restaurants
• EPS (TTM): -0.14
• Shares Outstanding: 1,578,664,000
• 10 Day Avg. Volume: 254,600
• 30 Day Avg. Volume: 475,133
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$1.00
• Price Target Upside: 13.64% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 44 Neutral
• Price Target: HK$1.00 ▲(13.64% Upside)

The overall stock score for Best Food Holding Co. Ltd. is primarily impacted by its weak financial performance, characterized by declining revenues, negative profitability, and liquidity issues. Technical analysis also reflects bearish signals, while valuation metrics show challenges due to a negative P/E ratio and no dividend yield. The lack of positive corporate events or earnings call data further limits any potential upside.

Best Food Holding Co. Ltd. Business Overview & Revenue Model

Company Description

Best Food Holding Co. Ltd. (1488) is a prominent investment holding company that focuses on the acquisition and management of popular and emerging food brands primarily in China. The company operates in the food and beverage sector, concentrating on fast-casual dining and quick-service restaurants. Best Food Holding's core portfolio includes a variety of well-known restaurant chains that serve diverse cuisines, catering to the evolving tastes of the Chinese consumer market.

How the Company Makes Money

Best Food Holding Co. Ltd. generates revenue by owning and managing a portfolio of diverse food and beverage brands. The company makes money through franchise fees, royalties, and direct sales in its operated restaurants. By leveraging its extensive market presence and brand recognition, Best Food Holding maximizes profitability through strategic brand acquisitions and operational efficiencies. Additionally, the company benefits from its partnerships with local and international food brands, enhancing its revenue streams and expanding its market reach. These strategic collaborations and brand management expertise enable the company to capitalize on the growing demand for dining experiences in China.

Best Food Holding Co. Ltd. Financial Statement Overview

Summary

The financial performance of Best Food Holding Co. Ltd. is concerning, with declining revenues, negative profit margins, and a negative equity position. The company has also seen zero operating cash flow, indicating severe liquidity issues and a precarious financial situation.

Income Statement

The company has been experiencing declining revenues and profits over recent years, with a significant drop in revenue from 752.96M in 2021 to 494.17M in 2024. Gross profit margins are also shrinking, from 35.2% in 2020 to 23.7% in 2024, indicating declining operational efficiency. Net profit margin remains negative, with increasing losses, highlighting profitability challenges.

Balance Sheet

The balance sheet reveals a concerning negative equity position as of 2024, with stockholders' equity at -249.63M, indicating financial instability. The debt-to-equity ratio is not meaningful due to negative equity, but total debt remains high, posing a risk of over-leverage. The equity ratio has deteriorated from 40.2% in 2019 to a negative position, reflecting a weakened financial structure.

Cash Flow

The cash flow statement shows a troubling trend with zero operating cash flow in 2024, down from 83.48M in 2023, indicating a lack of liquidity. Free cash flow has turned negative, and the company has been unable to generate positive cash flow from operations, which is critical for sustainability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	494.17M	610.62M	537.51M	752.96M	650.69M
Gross Profit	117.17M	164.10M	117.81M	209.89M	351.52M
EBITDA	-12.77M	-18.23M	-18.38M	-473.49M	58.74M
Net Income	-241.83M	-151.66M	-166.71M	-651.84M	-151.00M
Balance Sheet
Total Assets	801.68M	1.11B	1.34B	1.52B	2.16B
Cash, Cash Equivalents and Short-Term Investments	44.83M	71.76M	100.82M	120.39M	151.67M
Total Debt	772.46M	760.09M	781.37M	801.19M	817.79M
Total Liabilities	1.02B	1.06B	1.13B	1.16B	1.16B
Stockholders Equity	-249.63M	-17.00K	152.80M	286.99M	924.12M
Cash Flow
Free Cash Flow	26.27M	71.59M	65.52M	28.95M	80.12M
Operating Cash Flow	32.64M	83.48M	81.91M	63.23M	112.90M
Investing Cash Flow	9.69M	24.50M	-31.86M	-7.68M	2.05M
Financing Cash Flow	-56.51M	-106.28M	-78.84M	-114.13M	-123.36M

Best Food Holding Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.88
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1488, the sentiment is Negative. The current price of 0.88 is below the 20-day moving average (MA) of 0.93, below the 50-day MA of 0.97, and below the 200-day MA of 0.99, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 30.37 is Neutral, neither overbought nor oversold. The STOCH value of 49.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1488.

Best Food Holding Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2217	74 Outperform	HK$2.11B	26.39	5.40%	4.62%	3.43%	-32.96%
6811	64 Neutral	HK$961.70M	15.87	6.54%	5.33%	2.49%	-33.12%
0538	57 Neutral	HK$1.02B	19.75	-0.69%	6.81%	-7.18%	-110.84%
Sector *	56 Neutral	HK$25.39B	4.88	-2.69%	5.70%	-0.49%	-53.32%
2150	47 Neutral	HK$2.61B	―	-20.95%	―	-6.61%	-5748.54%
1488	44 Neutral	HK$1.37B	―	-439.69%	―	-23.85%	-59.56%
9869	41 Neutral	HK$1.62B	21.54	-5.30%	46.75%	-39.22%	-142.05%

Best Food Holding Co. Ltd. Corporate Events

Best Food Holding Co. Ltd. Sells Partial Equity Stake in Target Company

Best Food Holding Co. Ltd. has announced the disposal of a 1.71% equity interest in a target company for RMB48,000,000. This transaction reduces their holding from 17.16% to 15.46%, but the target company remains an associate. The disposal is classified as a discloseable transaction under Hong Kong’s Listing Rules, necessitating reporting and announcement requirements.

Best Food Holding Co. Ltd. Schedules Board Meeting for Interim Results

Best Food Holding Co. Ltd. has announced a board meeting scheduled for August 20, 2025, to approve and publish its interim results for the first half of the year and to consider the payment of an interim dividend. This meeting is significant as it will provide insights into the company’s financial performance and potential returns for shareholders.

Best Food Holding Co. Ltd. Successfully Passes AGM Resolutions

Best Food Holding Co. Ltd. announced that all resolutions proposed at its Annual General Meeting on June 24, 2025, were passed with overwhelming support. This includes the re-election of directors, authorization of director remuneration, reappointment of auditors, and granting of general mandates related to shares. The successful passing of these resolutions indicates strong shareholder confidence and positions the company for continued strategic operations and potential growth.

Best Food Holding Co. Ltd. Announces 2025 AGM Agenda and Share Issuance Proposal

Best Food Holding Co. Ltd. has announced its upcoming Annual General Meeting (AGM) scheduled for June 24, 2025. Key agenda items include the adoption of financial statements for the year ending December 31, 2024, the re-election of directors, and the re-appointment of PricewaterhouseCoopers as auditors. The company also seeks shareholder approval to authorize the board to issue additional shares, potentially impacting its capital structure and market strategy.