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

• Market Cap: HK$1.06B
• Dividend Yield: 5.5%
• Average Volume (3M): 990.23K
• Price to Earnings (P/E): 17.5
• Beta (1Y): 0.29
• Revenue Growth: 2.49%
• EPS Growth: -33.12%
• Country: HK
• Employees: 6,200
• Sector: Consumer Cyclical
• Sector Strength: 73
• Industry: Restaurants
• EPS (TTM): 0.06
• Shares Outstanding: 971,419,000
• 10 Day Avg. Volume: 1,348,400
• 30 Day Avg. Volume: 990,233
• PEG Ratio: 2.81
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.34
• 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

Tai Hing Group Holdings Ltd. scores moderately due to strong operational performance and stable financials. The positive technical indicators and attractive dividend yield further bolster the score. However, the lack of 2024 cash flow data and low ROE highlight potential risks.

Tai Hing Group Holdings Ltd. Business Overview & Revenue Model

Company Description

Tai Hing Group Holdings Ltd. (6811) is a prominent food and beverage company based in Hong Kong, specializing in the operation of casual dining restaurant chains. The company manages a diverse portfolio of brands, including Tai Hing, TeaWood, Trusty Congee King, and Men Wah Bing Teng, offering a variety of cuisines ranging from traditional Cantonese dishes to Taiwanese specialties. Tai Hing Group is known for its dedication to quality ingredients and exceptional service, catering to a wide demographic of customers throughout its locations in Hong Kong, Mainland China, and Macau.

How the Company Makes Money

Tai Hing Group Holdings Ltd. generates revenue primarily through the operation of its extensive network of casual dining restaurants. The company earns money by serving meals and beverages to customers across its various branded restaurant outlets. Key revenue streams include dine-in sales, takeaway and delivery services, and catering events. The company leverages its diverse brand portfolio to attract a broad customer base, increasing customer footfall and average spend per visit. Additionally, Tai Hing Group may engage in strategic partnerships and marketing campaigns to enhance brand visibility and expand its market reach, further boosting its revenue potential.

Tai Hing Group Holdings Ltd. Financial Statement Overview

Summary

Tai Hing Group Holdings Ltd. shows strong revenue growth and operational efficiency, with improved margins and a stable balance sheet. However, the lack of cash flow data for 2024 presents a risk, and the 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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
3.29B	3.21B	2.68B	3.17B	2.80B
	Gross Profit
2.43B	717.32M	418.79M	653.85M	601.34M
	EBIT
171.10M	175.96M	-90.08M	177.10M	138.86M
	EBITDA
697.75M	704.41M	536.95M	757.83M	749.64M
	Net Income Common Stockholders
62.75M	93.84M	-43.15M	99.72M	118.96M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
330.76M	328.15M	282.59M	452.61M	562.08M
	Total Assets
2.47B	2.58B	2.51B	2.74B	3.21B
	Total Debt
1.10B	1.14B	1.11B	1.16B	1.66B
	Net Debt
773.05M	853.70M	867.83M	703.45M	1.11B
	Total Liabilities
1.54B	1.60B	1.56B	1.64B	2.13B
	Stockholders Equity
935.62M	983.34M	953.93M	1.09B	1.08B
Cash Flow		Free Cash Flow
0.00	523.84M	339.53M	551.29M	517.93M
	Operating Cash Flow
689.99M	684.94M	518.87M	689.41M	677.88M
	Investing Cash Flow
0.00	-152.60M	-220.35M	-136.03M	-172.19M
	Financing Cash Flow
0.00	-489.28M	-505.65M	-651.45M	-668.56M

Tai Hing Group Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 1.09 is above the 20-day moving average (MA) of 1.01, above the 50-day MA of 0.93, and above the 200-day MA of 0.78, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 74.26 is Negative, neither overbought nor oversold. The STOCH value of 97.22 is Negative, 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
1480	65 Neutral	HK$252.00M	4.18	8.23%	9.52%	-7.93%	-19.66%
6811	64 Neutral	HK$1.06B	17.47	6.54%	5.50%	2.49%	-33.12%
Sector *	61 Neutral	$6.99B	11.27	2.81%	3.90%	2.61%	-21.77%
0703	47 Neutral	HK$81.93M	13.72	1.60%	―	-2.26%	-87.71%
0520	45 Neutral	HK$746.58M	―	-40.47%	8.78%	-21.14%	-107.76%

Tai Hing Group Holdings Ltd. Corporate Events

Tai Hing Group Holdings Ltd. Announces AGM and Key Resolutions

Tai Hing Group Holdings Ltd. has announced its Annual General Meeting scheduled for May 23, 2025, where key agenda items include the approval of audited financial statements, declaration of final and special dividends, re-election of directors, and re-appointment of auditors. Additionally, the company seeks shareholder approval for mandates to repurchase shares and issue additional shares, which could impact its market operations and shareholder value.

Tai Hing Group Announces Final Dividend for 2024

Tai Hing Group Holdings Ltd. announced a final ordinary cash dividend of HKD 0.025 per share for the financial year ending December 31, 2024. This announcement reflects the company’s stable financial performance and commitment to returning value to its shareholders, with the dividend payment scheduled for June 13, 2025.

Tai Hing Group Announces Special Dividend for 2024

Tai Hing Group Holdings Limited has announced a special dividend of HKD 0.075 per share for the financial year ending December 31, 2024. This announcement, dated March 26, 2025, indicates a positive financial position and potential shareholder value enhancement, with the payment scheduled for June 13, 2025. The decision reflects the company’s commitment to rewarding its shareholders and may strengthen its market position.

Tai Hing Group Reports Revenue Growth and Strong Cash Position Amid Economic Challenges

Tai Hing Group Holdings Ltd. reported a revenue growth of 2.5% for the year ending December 31, 2024, despite economic challenges and shifting consumer habits. The company achieved a profit attributable to owners of HK$62.7 million, with a notable rebound in the second half of the year. The Group maintained a strong cash position with HK$330.8 million in cash and cash equivalents, and no bank borrowings, ensuring sufficient funds for operations and future growth. The Board expressed confidence in the company’s future, proposing a final dividend and a special dividend in celebration of its anniversaries, reflecting a commitment to rewarding shareholders.

Tai Hing Group Schedules Board Meeting to Approve Year-End Results

Tai Hing Group Holdings Limited, a company listed on the Hong Kong Stock Exchange, has announced an upcoming board meeting scheduled for March 26, 2025. The meeting aims to approve the final results for the year ending December 31, 2024, and to consider the recommendation for a dividend payment. This announcement is significant as it will provide insights into the company’s financial performance and potential shareholder returns, which could impact investor sentiment and the company’s market positioning.