Tsit Wing International Holdings Limited (HK:2119)
:2119
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Tsit Wing International Holdings Limited
(2119)
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Rating:67Neutral
Price Target:
HK$0.53
▼(-3.27% Downside)
Action:ReiteratedDate:03/31/26
The score is driven primarily by solid financial resilience from a low-leverage balance sheet alongside strong recent revenue growth, but tempered by deteriorating margins and weaker free cash flow. Valuation is supportive (low P/E and high dividend yield), while technical indicators remain clearly bearish and weigh on the overall score.
Positive Factors
Low leverage / strong balance sheet
Very low debt-to-equity provides durable financial flexibility: the company can fund working capital, capex or temporary profit hits without relying on external financing. This reduces solvency risk, supports strategic investments and cushions payouts during cyclicality.
Negative Factors
Meaningful margin compression
Significant gross and net margin deterioration suggests structural cost pressure or weakened pricing power. Even with rising sales, lower margins erode profitability and free cash flow, limiting reinvestment capacity and making earnings more sensitive to revenue swings in coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Very low debt-to-equity provides durable financial flexibility: the company can fund working capital, capex or temporary profit hits without relying on external financing. This reduces solvency risk, supports strategic investments and cushions payouts during cyclicality.
Read all positive factors
Tsit Wing International Holdings Limited (2119) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$353.16M
Dividend Yield7.38%
Average Volume (3M)109.27K
Price to Earnings (P/E)9.4
Beta (1Y)0.21
Revenue Growth4.61%
EPS Growth-23.88%
CountryHK
Employees374
SectorConsumer Defensive
Sector Strength42
IndustryBeverages - Non-Alcoholic
Share Statistics
EPS (TTM)0.03
Shares Outstanding720,731,500
10 Day Avg. Volume67,800
30 Day Avg. Volume109,266
Financial Highlights & Ratios
PEG Ratio-0.34
Price to Book (P/B)0.76
Price to Sales (P/S)0.51
P/FCF Ratio17.44
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Tsit Wing International Holdings Limited Business Overview & Revenue Model
Company Description
Tsit Wing International Holdings Limited, an investment holding company, provides beverages and food products in Hong Kong, Mainland China, Canada, Australia, the United States, Taiwan, the Philippines, Malaysia, Singapore, and Macau. It operates ...
How the Company Makes Money
null...
Tsit Wing International Holdings Limited Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
84
Very Positive
Cash Flow
58
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 789.16M | 721.12M | 728.93M | 695.94M | 766.79M |
| Gross Profit | 202.45M | 245.96M | 239.50M | 234.76M | 298.98M |
| EBITDA | 87.31M | 110.16M | 99.33M | 98.92M | 140.70M |
| Net Income | 42.73M | 59.09M | 48.71M | 47.42M | 80.24M |
Balance Sheet | |||||
| Total Assets | 714.23M | 680.17M | 735.12M | 730.57M | 762.45M |
| Cash, Cash Equivalents and Short-Term Investments | 153.27M | 170.45M | 253.75M | 189.79M | 272.11M |
| Total Debt | 25.54M | 33.23M | 25.09M | 26.65M | 29.11M |
| Total Liabilities | 186.34M | 170.51M | 144.68M | 155.34M | 173.93M |
| Stockholders Equity | 527.89M | 509.66M | 590.44M | 575.24M | 588.52M |
Cash Flow | |||||
| Free Cash Flow | 23.15M | 49.04M | 105.56M | -34.53M | 66.38M |
| Operating Cash Flow | 47.72M | 77.13M | 143.35M | 41.80M | 97.59M |
| Investing Cash Flow | -26.16M | -7.12M | -32.04M | -72.87M | -30.04M |
| Financing Cash Flow | -39.37M | -152.33M | -46.01M | -44.68M | -74.30M |
Tsit Wing International Holdings Limited Technical Analysis
Negative
0.55
Price Trends
0.52
Negative
0.53
Negative
0.55
Negative
Market Momentum
>-0.01
Positive
37.39
Neutral
37.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2119, the sentiment is Negative. The current price of 0.55 is above the 20-day moving average (MA) of 0.50, above the 50-day MA of 0.52, and below the 200-day MA of 0.55, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.39 is Neutral, neither overbought nor oversold. The STOCH value of 37.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2119.
Tsit Wing International Holdings Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | HK$478.17M | 6.04 | 10.82% | 4.07% | 2.77% | -110.76% | |
74 Outperform | HK$10.52B | 12.99 | 12.69% | 3.62% | 10.05% | 9.01% | |
71 Outperform | HK$394.40M | 5.00 | 8.56% | 3.63% | 3.24% | 47.81% | |
67 Neutral | HK$353.16M | 9.45 | 8.14% | 7.38% | 4.61% | -23.88% | |
64 Neutral | HK$538.26B | 30.61 | 42.43% | 1.73% | 4.14% | 7.35% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
54 Neutral | HK$229.58M | -19.23 | -6.67% | ― | -6.79% | 49.40% |
* Consumer Defensive Sector Average
HK:2119
Tsit Wing International Holdings Limited
0.49
-0.03
-5.77%
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47.86
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39.70%
HK:1446
Hung Fook Tong Group Holdings Ltd
0.35
0.09
34.62%
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Shineroad International Holdings Limited
0.58
0.05
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San Miguel Brewery HK Ltd.
1.28
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34.62%
Tsit Wing International Holdings Limited Corporate Events
Tsit Wing Sets 2026 AGM to Approve Dividend, Board Changes and Share Mandate
Mar 27, 2026
Tsit Wing International Holdings Limited has called its annual general meeting for 28 April 2026 in Hong Kong, where shareholders will review the audited consolidated financial statements for the year ended 31 December 2025 and vote on a proposed ...
Tsit Wing to Revamp Bye-Laws for New HKEX Rules and Digital Meetings
Mar 12, 2026
Tsit Wing International Holdings Limited plans to overhaul its constitutional documents by adopting a second amended and restated set of bye-laws, aligning its governance framework with the latest Hong Kong listing and regulatory requirements. The...
Tsit Wing Declares Final 2025 Dividend of HK$0.0136 Per Share
Mar 12, 2026
Tsit Wing International Holdings Limited has declared a final ordinary dividend of HKD 0.0136 per share for the financial year ended 31 December 2025, with shareholder approval scheduled for 28 April 2026 and payment set for 21 May 2026. The stock...
Tsit Wing grows revenue but margins and profit shrink in 2025
Mar 12, 2026
Tsit Wing International Holdings Limited reported revenue of HK$789.2 million for the year ended 31 December 2025, up 9.4% from 2024, but saw gross profit fall 9.6% to HK$222.4 million as gross margin narrowed from 34.1% to 28.2%. Profit for the y...
Tsit Wing Schedules Board Meeting to Approve 2025 Results and Consider Final Dividend
Mar 2, 2026
Tsit Wing International Holdings Limited has scheduled a board meeting for 12 March 2026 to review and approve the audited consolidated financial results of the group for the year ended 31 December 2025. At the same meeting, the board will also co...
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.