Tai Hing Group Holdings Ltd. (6811) AI Stock Analysis

• Market Cap: HK$1.07B
• Dividend Yield: 5.56%
• Average Volume (3M): 567.17K
• Price to Earnings (P/E): 11.7
• Beta (1Y): 0.26
• Revenue Growth: 4.16%
• EPS Growth: 59.08%
• Country: HK
• Employees: 6,200
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): 0.04
• Shares Outstanding: 971,419,000
• 10 Day Avg. Volume: 594,200
• 30 Day Avg. Volume: 567,166
• PEG Ratio: -0.38
• Price to Book (P/B): 0.84
• Price to Sales (P/S): 0.24
• P/FCF Ratio: 1.40
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 0.86
• Revenue Forecast (FY): HK$27.02B

• Rating: 68 Neutral
• Price Target: HK$1.00 ▼(-9.09% Downside)

The overall stock score of 68 reflects strong technical indicators and attractive valuation, which are slightly offset by concerns over cash flow data. The company's operational efficiency and stable balance sheet are positive, but the lack of current cash flow information presents a risk.

Positive Factors

Operational Efficiency

The significant improvement in EBIT margin reflects the company's ability to manage costs effectively, enhancing profitability and competitiveness.

Revenue Growth

Consistent revenue growth indicates a strong market position and demand for the company's dining offerings, supporting long-term business sustainability.

Gross Profit Margin

A higher gross profit margin suggests effective cost control and pricing strategies, which can lead to better profitability and financial health over time.

Negative Factors

Cash Flow Concerns

Lack of current cash flow data raises questions about the company's cash generation ability, which is crucial for funding operations and growth.

Low Return on Equity

A low ROE indicates that the company may not be utilizing its equity base efficiently to generate profits, potentially impacting shareholder returns.

Net Profit Margin Decline

A decline in net profit margin suggests challenges in maintaining profitability, which could affect the company's ability to reinvest in growth and operations.

Tai Hing Group Holdings Ltd. Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

The company generates revenue primarily through the operation of its restaurant outlets, which serve a high volume of customers across various locations in Hong Kong and internationally. Key revenue streams include food and beverage sales, takeaway services, and catering offerings. Additionally, Tai Hing Group Holdings Ltd. benefits from brand recognition and customer loyalty, which drive repeat business. Strategic partnerships with suppliers enable the company to maintain quality and manage costs effectively. Seasonal promotions and events also contribute to fluctuating revenues throughout the year.

Tai Hing Group Holdings Ltd. Financial Statement Overview

Summary

Tai Hing Group Holdings Ltd. shows strong revenue growth and operational efficiency with improved margins. However, the absence of operating cash flow data for 2024 is concerning, overshadowing past strengths in cash flow. The balance sheet is stable with moderate leverage, but low ROE indicates room for improvement in shareholder returns.

Income Statement

The company showed a positive revenue growth of 2.49% from 2023 to 2024, but the net profit margin decreased to 1.91%. Gross profit margin improved significantly to 73.91%, indicating strong control over cost of sales. However, the EBIT margin surged to 37.82%, which is a substantial improvement, showing enhanced operational efficiency.

Balance Sheet

The debt-to-equity ratio is 1.18, indicating a moderate level of leverage. The equity ratio of 37.85% suggests a healthy balance between debt and equity financing. Return on equity is relatively low at 6.71%, reflecting modest profitability for shareholders. Overall, the company maintains a stable financial position with manageable debt levels.

Cash Flow

The absence of reported operating cash flow in 2024 raises concerns about cash generation. Previously, the free cash flow showed healthy growth, but the current lack of data impedes analysis. Historical free cash flow to net income ratio was strong, indicating efficient cash conversion from earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.39B	3.29B	3.21B	2.68B	3.17B	2.80B
Gross Profit	2.50B	2.43B	2.37B	418.79M	653.85M	601.34M
EBITDA	298.56M	697.75M	704.41M	536.95M	757.83M	749.64M
Net Income	92.84M	62.75M	93.84M	-43.15M	99.72M	118.96M
Balance Sheet
Total Assets	2.37B	2.47B	2.58B	2.51B	2.74B	3.21B
Cash, Cash Equivalents and Short-Term Investments	282.32M	330.76M	328.15M	282.59M	452.61M	562.08M
Total Debt	1.08B	1.10B	1.14B	1.11B	1.16B	1.66B
Total Liabilities	1.51B	1.54B	1.60B	1.56B	1.64B	2.13B
Stockholders Equity	857.08M	935.62M	983.34M	953.93M	1.09B	1.08B
Cash Flow
Free Cash Flow	603.05M	561.20M	523.84M	339.53M	551.29M	517.93M
Operating Cash Flow	721.74M	683.68M	684.94M	518.87M	689.41M	677.88M
Investing Cash Flow	-118.09M	-94.23M	-152.60M	-220.35M	-136.03M	-172.19M
Financing Cash Flow	-595.33M	-550.32M	-489.28M	-505.65M	-651.45M	-668.56M

Tai Hing Group Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.10
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6811, the sentiment is Positive. The current price of 1.1 is above the 20-day moving average (MA) of 1.08, below the 50-day MA of 1.11, and above the 200-day MA of 0.97, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.50 is Neutral, neither overbought nor oversold. The STOCH value of 53.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6811.

Tai Hing Group Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6811	68 Neutral	HK$1.07B	11.74	10.47%	5.56%	4.16%	59.08%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1703	56 Neutral	HK$87.40M	-14.34	-28.84%	―	-24.50%	-182.81%
0703	52 Neutral	HK$90.26M	6.40	3.70%	―	0.41%	-43.14%
1443	50 Neutral	HK$87.10M	-1.44	-48.91%	4.48%	-13.13%	-873.33%
0538	47 Neutral	HK$982.38M	82.57	0.38%	7.11%	0.26%	-73.09%
0520	45 Neutral	HK$800.68M	-3.46	-26.56%	―	-21.42%	55.86%

Tai Hing Group Holdings Ltd. Corporate Events

Tai Hing Group Announces New Leadership Appointments

Tai Hing Group Holdings Ltd., a company incorporated in the Cayman Islands, has announced key leadership appointments. Mr. Chan Ka Keung has been appointed as the chairman of the Board and chairman of the nomination committee, while Ms. Chan Shuk Fong has been appointed as the vice chairman of the Board. These changes, effective from November 25, 2025, are part of the company’s ongoing efforts to strengthen its leadership structure. Both individuals are significant shareholders and have familial ties, which may influence the company’s strategic direction and governance.

Tai Hing Group Announces Board Restructuring

Tai Hing Group Holdings Ltd. has announced changes to its board of directors, effective from November 25, 2025. The board comprises executive, non-executive, and independent non-executive directors, with specific roles in audit, remuneration, and nomination committees. These changes are likely to impact the company’s governance and strategic direction, potentially influencing its market positioning and stakeholder relations.

Tai Hing Group Mourns the Loss of Founder and Chairman, Mr. Chan Wing On

Tai Hing Group Holdings Ltd. announced the passing of its founder and chairman, Mr. Chan Wing On, on November 24, 2025. Mr. Chan significantly contributed to the company’s growth and the catering industry over 36 years. The company plans to maintain stable operations and sustainable development under its professional management team while appointing a new chairman in due course.

Tai Hing Group Updates on Post-IPO Share Option Scheme

Tai Hing Group Holdings Ltd. has issued a supplemental announcement regarding its annual report for the year ended 31 December 2024. The announcement provides additional information about the company’s Post-IPO Share Option Scheme, highlighting the terms under which eligible participants can accept options. The company clarified that no share options have been granted under this scheme since its adoption. This update is significant for shareholders and potential investors as it provides clarity on the company’s share option policies, which could impact investment decisions.