Tasty Concepts Holding Limited (8096) AI Stock Analysis

Top Page

Tasty Concepts Holding Limited

(HKEX:8096)

Select Model

Rating:42Neutral

Price Target:HKD 0.12▲(11.11% Upside)

Action:upgraded

Date:03/24/26

The score is held down primarily by weak financial performance—persistent losses, shrinking revenue, and negative/volatile free cash flow—despite balance-sheet deleveraging and improved gross margin. Technical signals are mildly bearish (negative MACD, RSI below 50, and price below longer-term averages). Valuation is not supportive because earnings are negative (negative P/E) and no dividend yield is available.

Positive Factors

Gross margin reboundA sharp gross margin recovery implies improved pricing, mix, or cost control at the unit level. Higher gross margins provide durable operating leverage, making it easier to reach profitability if revenue stabilizes and SG&A is managed, strengthening long-term margin sustainability.

Negative Factors

Persistent lossesOngoing negative EBIT and a roughly -20% net margin show the business has not yet achieved profitability. Persistent losses erode equity, limit reinvestment ability, and can constrain hiring or marketing required to regain scale, making recovery slower and riskier.

Tasty Concepts Holding Limited (8096) vs. iShares MSCI Hong Kong ETF (EWH)

Market Cap: HKD 20.37M
Dividend Yield: ―
Average Volume (3M): 286.31K
Price to Earnings (P/E): -2.0
Beta (1Y): 0.12
Revenue Growth: 1.93%
EPS Growth: -27.49%
Country: Hong Kong
Employees: 29
Sector: Consumer Cyclical
Sector Strength: 61
Industry: Restaurants

Tasty Concepts Holding Limited Business Overview & Revenue Model

Company Description

Tasty Concepts Holding Limited, together with its subsidiaries, engages in the operation of restaurants in Hong Kong and Macau. The company operates Japanese ramen and Hong Kong style restaurants; sells food and related products; and provides caterin...

How the Company Makes Money

null

Tasty Concepts Holding Limited Financial Statement Overview

Summary

Overall fundamentals remain weak: persistent losses (EBIT still negative; net margin about -20%) and multi-year revenue contraction (down ~13% in 2025). Positives include a sharp gross margin rebound (~45% in 2025 vs ~20% in 2024) and materially improved leverage (debt-to-equity ~0.11), but cash flow is still strained with meaningfully negative free cash flow (about -HK$3.0M) and historical volatility.

Income Statement

26Negative

Balance Sheet

55Neutral

Cash Flow

22Negative

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	46.95M	31.51M	30.92M	38.29M	42.27M	41.88M
Gross Profit	13.10M	8.35M	13.98M	7.55M	7.63M	8.90M
EBITDA	3.35M	462.00K	-165.00K	-2.29M	-4.97M	-7.67M
Net Income	-8.37M	-7.74M	-6.07M	-8.13M	-9.65M	-13.83M
Balance Sheet
Total Assets	23.40M	23.40M	29.02M	37.11M	29.08M	21.95M
Cash, Cash Equivalents and Short-Term Investments	8.89M	8.89M	6.80M	13.26M	6.59M	11.62M
Total Debt	11.59M	5.36M	1.71M	2.81M	14.42M	10.67M
Total Liabilities	17.13M	17.13M	15.02M	16.95M	27.35M	16.43M
Stockholders Equity	8.42M	8.42M	16.14M	22.21M	3.79M	7.49M
Cash Flow
Free Cash Flow	3.28M	0	-3.02M	-14.01M	-4.36M	-8.61M
Operating Cash Flow	4.46M	0	63.00K	-1.54M	-345.00K	-4.20M
Investing Cash Flow	-2.11M	0	-2.84M	-12.37M	-3.53M	-3.42M
Financing Cash Flow	-414.50K	0	-3.68M	20.60M	-1.29M	-9.88M

Tasty Concepts Holding Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price0.11

Price Trends

50DMA0.12Negative

100DMA0.12Negative

200DMA0.11Negative

Market Momentum

MACD-0.00Positive

RSI30.97Neutral

STOCH76.19Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8096, the sentiment is Negative. The current price of 0.11 is below the 20-day moving average (MA) of 0.12, below the 50-day MA of 0.12, and below the 200-day MA of 0.11, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 30.97 is Neutral, neither overbought nor oversold. The STOCH value of 76.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8096.

Tasty Concepts Holding Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

HK:8096 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HK:6811	72Outperform	HKD 1.52B	10.69	15.54%	7.13%	8.46%	56.14%
HK:0341	62Neutral	HKD 3.35B	20.37	6.13%	6.73%	-4.50%	-29.22%
Sector *	61Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
HK:9922	54Neutral	HKD 1.19B	14.04	2.33%	2.23%	-12.56%	82.25%
HK:0573	53Neutral	HKD 284.02M	-5.86	-4.47%	―	3.29%	48.16%
HK:1314	51Neutral	HKD 223.33M	23.14	1.95%	―	-2.56%	-23.91%
HK:8096	42Neutral	HKD 51.98M	-1.96	-102.38%	―	1.93%	-27.49%

* Consumer Cyclical Sector Average

Performance Comparison

HK:8096 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
HK:8096	Tasty Concepts Holding Limited	0.11	-0.01	-12.20%
HK:0573	Tao Heung Holdings Limited	0.28	-0.06	-17.65%
HK:9922	Jiumaojiu International Holdings Ltd.	0.90	-0.88	-49.58%
HK:1314	Tsui Wah Holdings Ltd.	0.16	-0.02	-10.50%
HK:0341	Cafe de Coral Holdings Ltd.	5.94	0.10	1.69%
HK:6811	Tai Hing Group Holdings Ltd.	1.56	0.53	51.35%

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.

Date of analysis: Mar 24, 2026

Tasty Concepts Holding Limited AI Stock Analysis

Top Page