Breakdown | ||||
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
610.62M | 537.51M | 752.96M | 650.69M | 998.25M | Gross Profit |
164.10M | 117.81M | 209.89M | 351.52M | 590.34M | EBIT |
-226.73M | -101.13M | -78.88M | -109.70M | -964.00K | EBITDA |
-18.23M | -18.38M | -473.49M | 58.74M | 158.54M | Net Income Common Stockholders |
-151.66M | -166.71M | -651.84M | -151.00M | -86.27M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
71.76M | 100.82M | 120.39M | 151.67M | 194.08M | Total Assets |
1.11B | 1.34B | 1.52B | 2.16B | 2.28B | Total Debt |
760.09M | 781.37M | 801.19M | 817.79M | 869.05M | Net Debt |
724.45M | 747.27M | 738.62M | 694.05M | 737.77M | Total Liabilities |
1.06B | 1.13B | 1.16B | 1.16B | 1.30B | Stockholders Equity |
-17.00K | 152.80M | 286.99M | 924.12M | 899.45M |
Cash Flow | Free Cash Flow | |||
71.59M | 65.52M | 28.95M | 80.12M | 131.93M | Operating Cash Flow |
83.48M | 81.91M | 63.23M | 112.90M | 193.12M | Investing Cash Flow |
24.50M | -31.86M | -7.68M | 2.05M | -235.53M | Financing Cash Flow |
-106.28M | -78.84M | -114.13M | -123.36M | -126.97M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
73 Outperform | HK$8.28B | 10.86 | 13.34% | 3.33% | 18.17% | 33.08% | |
71 Outperform | HK$60.64B | 6.18 | 14.62% | 7.58% | 1.21% | 2.15% | |
61 Neutral | $6.65B | 11.71 | 3.09% | 3.98% | 2.65% | -20.82% | |
48 Neutral | HK$1.73B | 86.96 | 0.59% | ― | -21.05% | -87.68% | |
46 Neutral | $418.38M | 13.54 | -2.04% | ― | -27.93% | -293.98% | |
39 Underperform | HK$1.59B | ― | -439.69% | ― | -23.85% | -59.56% |
Best Food Holding Co. Ltd. has announced a change in its Hong Kong branch share registrar and transfer office, effective from May 15, 2025. This operational shift to Tricor Investor Services Limited is expected to streamline the process for shareholders, ensuring efficient management of share transfers and collections.
Best Food Holding Co. Ltd. has announced an extension of the maturity date for its convertible bond with Sonic Tycoon, a controlling shareholder, by 25 months to December 2027. This extension, which maintains all other terms of the bond, is classified as a connected transaction under Hong Kong’s Listing Rules and requires approval from independent shareholders. The extension aims to provide the company with more flexibility in managing its financial obligations and could impact its financial strategy and stakeholder interests.
Best Food Holding Company Limited reported a challenging financial year ending December 2024, with a revenue decrease of 22.3% compared to the previous year, and a loss of RMB 257.851 million. Despite the overall industry pressure from increased competition and price wars, the company saw a 6.1% increase in total system sales and expanded its store network by over 110 new locations. Brands like HHG and Xinladao are focusing on innovation and expansion to counter market pressures, while Yujian Xiaomian and King of Clay Pot have achieved notable growth and profitability, indicating potential areas of strength within the company’s portfolio.
Best Food Holding Co. Ltd. has issued a profit warning, anticipating an increase in net loss to not more than RMB280 million for the year ending December 31, 2024, compared to a net loss of RMB163 million in 2023. This expected loss is primarily due to the impairment of trademarks and investments in certain associates, driven by the closure and underperformance of some restaurants and a decrease in enterprise value to sales multiples. Despite these challenges, the company plans to adjust its business strategies to maintain stable cash flow and continue its long-term development strategy.