Want to see HK:1405 full AI Analyst Report?
Top Page
DPC Dash Limited
(1405)
Select Model
Select Model
Rating:59Neutral
Price Target:
HK$31.00
▼(-57.06% Downside)
Action:Reiterated
Date:08/29/26
Overall score is supported by improving financial fundamentals and solid cash generation, but weighed down by weak technical momentum (price below key moving averages with negative MACD) and only middling valuation support at a ~25x P/E amid historically volatile margins.
Positive Factors
Revenue Scaling
Revenue has scaled strongly and the latest annual period still grew about 7.7%, while reported revenue growth is 26.2%. This indicates expanding business activity and provides a larger base from which operating improvements and future earnings growth can develop over the next several quarters.
Negative Factors
Margin Volatility
Margins have been historically volatile, including negative net margins in 2020–2023, and gross profit stepped down relative to revenue in the latest year. If cost pressure or mix effects persist, revenue growth may translate less reliably into earnings and weaken operating leverage.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Scaling
Revenue has scaled strongly and the latest annual period still grew about 7.7%, while reported revenue growth is 26.2%. This indicates expanding business activity and provides a larger base from which operating improvements and future earnings growth can develop over the next several quarters.
Read all positive factors
DPC Dash Limited (1405) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$3.98B
Dividend YieldN/A
Average Volume (3M)390.90K
Price to Earnings (P/E)21.8
Beta (1Y)0.98
Revenue Growth26.17%
EPS Growth46.95%
CountryHK
Employees11,052
SectorConsumer Cyclical
Sector Strength84
IndustryRestaurants
Share Statistics
EPS (TTM)1.18
Shares Outstanding131,619,250
10 Day Avg. Volume764,885
30 Day Avg. Volume390,899
Financial Highlights & Ratios
PEG Ratio0.41
Price to Book (P/B)3.47
Price to Sales (P/S)1.61
P/FCF Ratio19.31
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$59.30Price Target Upside-17.87% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)1.34
Revenue Forecast (FY)HK$6.43B
DPC Dash Limited Business Overview & Revenue Model
Company Description
Operating a network of quick-service restaurants throughout the People's Republic of China, DPC Dash Ltd, together with its subsidiary entities, serves as the primary operator of numerous Domino's Pizza locations under that brand. The company's me...
DPC Dash Limited Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
62
Positive
Cash Flow
74
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.83B | 5.24B | 4.31B | 3.05B | 2.02B | 1.61B |
| Gross Profit | 1.09B | 1.01B | 1.91B | 572.31M | 1.47B | 1.19B |
| EBITDA | 1.21B | 953.07M | 416.36M | 519.11M | 223.80M | -101.17M |
| Net Income | 154.67M | 138.26M | 55.20M | -26.60M | -222.63M | -471.06M |
Balance Sheet | ||||||
| Total Assets | 5.97B | 5.65B | 4.88B | 4.15B | 3.27B | 3.16B |
| Cash, Cash Equivalents and Short-Term Investments | 934.53M | 1.00B | 1.07B | 1.02B | 544.46M | 656.67M |
| Total Debt | 2.23B | 2.01B | 1.57B | 1.24B | 1.03B | 1.65B |
| Total Liabilities | 3.45B | 3.21B | 2.63B | 2.05B | 2.52B | 2.20B |
| Stockholders Equity | 2.52B | 2.44B | 2.24B | 2.10B | 753.13M | 957.88M |
Cash Flow | ||||||
| Free Cash Flow | 512.36M | 437.88M | 445.26M | 219.88M | 87.61M | 147.28M |
| Operating Cash Flow | 1.04B | 880.43M | 818.42M | 536.09M | 298.21M | 332.09M |
| Investing Cash Flow | -586.50M | -492.88M | 41.61M | -732.12M | -207.23M | -181.74M |
| Financing Cash Flow | -514.27M | -445.47M | -382.01M | 217.08M | -224.57M | 242.99M |
DPC Dash Limited Technical Analysis
Negative
72.20
Price Trends
35.73
Negative
38.03
Negative
52.47
Negative
Market Momentum
-1.83
Positive
31.77
Neutral
13.89
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1405, the sentiment is Negative. The current price of 72.2 is above the 20-day moving average (MA) of 34.00, above the 50-day MA of 35.73, and above the 200-day MA of 52.47, indicating a bearish trend. The MACD of -1.83 indicates Positive momentum. The RSI at 31.77 is Neutral, neither overbought nor oversold. The STOCH value of 13.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1405.
DPC Dash Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | HK$1.47B | 10.08 | 15.54% | 5.76% | 8.46% | 56.14% | |
66 Neutral | HK$3.06B | 17.97 | 6.13% | 7.63% | -4.50% | -29.22% | |
65 Neutral | HK$591.41M | 13.94 | 6.33% | 6.72% | -0.04% | 16.95% | |
62 Neutral | HK$873.23M | 35.48 | 0.75% | 9.89% | 8.18% | 100.92% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | HK$3.98B | 21.76 | 6.24% | ― | 26.17% | 46.95% | |
41 Neutral | HK$270.50M | -0.88 | -55.81% | 3.21% | -19.88% | -20.64% |
* Consumer Cyclical Sector Average
HK:1405
DPC Dash Limited
30.00
-59.25
-66.39%
HK:0052
Fairwood Holdings
4.46
-0.73
-14.07%
HK:0341
Cafe de Coral Holdings Ltd.
5.24
-1.19
-18.47%
HK:0520
Xiabuxiabu Catering Management (China) Holdings Co., Ltd.
0.24
-0.59
-70.84%
HK:0538
Ajisen (China) Holdings Limited
0.80
-0.15
-15.61%
HK:6811
Tai Hing Group Holdings Ltd.
1.48
0.47
46.04%
DPC Dash Limited Corporate Events
DPC Dash Grants New Share Options to Senior Managers and Staff
Aug 31, 2026
DPC Dash Ltd has granted 3,419,615 share options to 15 employees, including four senior managers, under its 2022 First Share Incentive Plan, representing about 2.60% of its issued share capital. The options, priced at HK$35.64 per share with no co...
DPC Dash Delivers Double-Digit Revenue Growth Amid Margin Pressure in First Half 2026
Aug 26, 2026
DPC Dash Ltd, the master franchisee of Domino’s Pizza in mainland China, operates a network of quick-service pizza restaurants serving primarily delivery and takeaway customers. The group’s business model emphasizes store-level profita...
DPC Dash Sets August Board Meeting to Review Interim Results and Dividend
Aug 14, 2026
DPC Dash Ltd has scheduled a board meeting for August 26, 2026 to review and approve the interim results for the six months ended June 30, 2026.The board will also consider the potential recommendation of an interim dividend, signalling possible r...
DPC Dash Shareholders Approve New Equity Incentives and Mandate Refresh
Jul 10, 2026
DPC Dash Ltd reported that shareholders approved all resolutions at an extraordinary general meeting held on July 10, 2026, concerning equity incentives for executive director Ms. Yi Wang and changes to its share incentive framework. The meeting e...
DPC Dash calls virtual EGM to expand share incentive capacity and approve equity grants
Jun 18, 2026
DPC Dash Ltd has called an extraordinary general meeting for July 10, 2026, to be held virtually, where shareholders will vote on approving a substantial grant of 1,650,000 share options and 1,655,000 share awards to executive Ms. Yi Wang under th...
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.