Taste Gourmet Group (SEHK:8371) - Stock Price, News & Analysis

8371 Stock Overview

Taste Gourmet Group Limited, an investment holding company, operates full-service restaurants and kiosks in Hong Kong and China.

About the company

8371 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	3/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (6.3x) is below the Hong Kong market (9.5x)

Earnings grew by 184.4% over the past year

Risk Analysis

Has a high level of debt

Unstable dividend track record

Does not have a meaningful market cap (HK$569M)

Taste Gourmet Group Limited Competitors

LH Group

SEHK:1978

HK$664.0m

Tao Heung Holdings

SEHK:573

HK$740.5m

Tai Hing Group Holdings

SEHK:6811

HK$904.9m

Tang Palace (China) Holdings

SEHK:1181

HK$408.9m

Price History & Performance

Summary of all time highs, changes and price drops for Taste Gourmet Group
Historical stock prices
Current Share Price	HK$1.50
52 Week High	HK$1.71
52 Week Low	HK$1.26
Beta	0.38
1 Month Change	4.17%
3 Month Change	1.35%
1 Year Change	5.63%
3 Year Change	27.12%
5 Year Change	108.33%
Change since IPO	78.57%

Taste Gourmet Group Limited (HKG:8371) Might Not Be As Mispriced As It Looks

Dec 29

Recent updates

Taste Gourmet Group's (HKG:8371) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 28

Taste Gourmet Group (HKG:8371) Is Increasing Its Dividend To HK$0.048

Nov 17

Taste Gourmet Group (HKG:8371) Has Announced That Its Dividend Will Be Reduced To HK$0.016

Aug 02

Taste Gourmet Group (HKG:8371) Has Announced That Its Dividend Will Be Reduced To HK$0.016

Jul 14

Taste Gourmet Group's (HKG:8371) Shareholders Will Receive A Smaller Dividend Than Last Year

Jun 29

Here's Why Taste Gourmet Group (HKG:8371) Can Manage Its Debt Responsibly

Mar 03

Here's Why Taste Gourmet Group (HKG:8371) Has A Meaningful Debt Burden

Sep 20

Taste Gourmet Group Limited (HKG:8371) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

Feb 08

Here's What We Think About Taste Gourmet Group's (HKG:8371) CEO Pay

Jan 13

Introducing Taste Gourmet Group (HKG:8371), A Stock That Climbed 65% In The Last Year

Dec 22

We Think Taste Gourmet Group's (HKG:8371) Statutory Profit Might Understate Its Earnings Potential

Nov 17

Shareholder Returns

	8371	HK Hospitality	HK Market
7D	3.4%	6.5%	2.4%
1Y	5.6%	-15.5%	-8.7%

Return vs Industry: 8371 exceeded the Hong Kong Hospitality industry which returned -15.5% over the past year.

Return vs Market: 8371 exceeded the Hong Kong Market which returned -8.7% over the past year.

Price Volatility

Is 8371's price volatile compared to industry and market?
8371 volatility
8371 Average Weekly Movement	2.0%
Hospitality Industry Average Movement	7.2%
Market Average Movement	7.4%
10% most volatile stocks in HK Market	15.0%
10% least volatile stocks in HK Market	3.6%

Stable Share Price: 8371 has not had significant price volatility in the past 3 months.

Volatility Over Time: 8371's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2017	1,392	Wai Chun Chan	www.tastegourmet.com.hk

Taste Gourmet Group Limited, an investment holding company, operates full-service restaurants and kiosks in Hong Kong and China. It operates restaurants under the Nabe Urawa, Dab-Pa, Moments Together, QUE, La’taste, Rakuraku Ramen, Sankinn, Yakiniku Guu, Takano Ramen, Khao San, Parkview, Tirpse, Urawa, Siu Siu Cuen, Tsukanto, Wasyokuya Yamaichi, and Xianghui, brands. The company also provides management services.

Taste Gourmet Group Limited Fundamentals Summary

How do Taste Gourmet Group's earnings and revenue compare to its market cap?
8371 fundamental statistics
Market cap	HK$569.25m
Earnings (TTM)	HK$90.14m
Revenue (TTM)	HK$977.37m

6.3x

P/E Ratio

0.6x

P/S Ratio

Is 8371 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8371 income statement (TTM)
Revenue	HK$977.37m
Cost of Revenue	HK$639.30m
Gross Profit	HK$338.07m
Other Expenses	HK$247.94m
Earnings	HK$90.14m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.24
Gross Margin	34.59%
Net Profit Margin	9.22%
Debt/Equity Ratio	197.1%

How did 8371 perform over the long term?

See historical performance and comparison

Dividends

7.3%

Current Dividend Yield

45%

Payout Ratio

8371 Stock Overview

Rewards

Risk Analysis

Taste Gourmet Group Limited Competitors

SEHK:1978

HK$664.0m

SEHK:573

HK$740.5m

SEHK:6811

HK$904.9m

SEHK:1181

HK$408.9m

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: HK$0.063 (vs HK$0.045 in 3Q 2023)

Now 20% overvalued after recent price rise

Taste Gourmet Group Limited Provides Earnings Guidance for the Nine Months Ended 31 December 2023

Taste Gourmet Group Limited to Report Nine Months, 2024 Results on Feb 08, 2024

Taste Gourmet Group Limited (HKG:8371) Might Not Be As Mispriced As It Looks

Upcoming dividend of HK$0.055 per share at 7.9% yield

Recent updates

Third quarter 2024 earnings released: EPS: HK$0.063 (vs HK$0.045 in 3Q 2023)

Now 20% overvalued after recent price rise

Taste Gourmet Group Limited Provides Earnings Guidance for the Nine Months Ended 31 December 2023

Taste Gourmet Group Limited to Report Nine Months, 2024 Results on Feb 08, 2024

Taste Gourmet Group Limited (HKG:8371) Might Not Be As Mispriced As It Looks

Upcoming dividend of HK$0.055 per share at 7.9% yield

Second quarter 2024 earnings released: EPS: HK$0.08 (vs HK$0.043 in 2Q 2023)

Taste Gourmet Group Limited Announces Interim Dividend for the Six Months Ended 30 September 2023, Payable on 19 December 2023

Taste Gourmet Group Limited to Report Q2, 2024 Results on Nov 14, 2023

Taste Gourmet Group (HKG:8371) Has Some Way To Go To Become A Multi-Bagger

New minor risk - Financial position

First quarter 2024 earnings released: EPS: HK$0.046 (vs HK$0.042 in 1Q 2023)

Taste Gourmet Group Limited Approves Final Dividend for the Year Ended 31 March 2023

Upcoming dividend of HK$0.052 per share at 6.7% yield

Taste Gourmet Group's (HKG:8371) Dividend Will Be Increased To HK$0.052

Taste Gourmet Group Limited to Report Q1, 2024 Results on Aug 10, 2023

Taste Gourmet Group (HKG:8371) Is Increasing Its Dividend To HK$0.052

Taste Gourmet Group's (HKG:8371) Shareholders Will Receive A Bigger Dividend Than Last Year

Taste Gourmet Group Limited, Annual General Meeting, Aug 01, 2023

Full year 2023 earnings released: EPS: HK$0.18 (vs HK$0.068 in FY 2022)

Taste Gourmet Group Limited Provides Earnings Guidance for the Year Ended 31 March 2023

Taste Gourmet Group Limited to Report Fiscal Year 2023 Results on Jun 23, 2023

Third quarter 2023 earnings released: EPS: HK$0.045 (vs HK$0.047 in 3Q 2022)

Taste Gourmet Group Limited to Report Q3, 2023 Results on Feb 08, 2023

Investor sentiment improved over the past week

Upcoming dividend of HK$0.048 per share

Taste Gourmet Group (HKG:8371) Is Increasing Its Dividend To HK$0.048

Second quarter 2023 earnings released: EPS: HK$0.043 (vs HK$0.039 in 2Q 2022)

Insufficient new directors

Second quarter 2023 earnings released: EPS: HK$0.043 (vs HK$0.039 in 2Q 2022)

Taste Gourmet Group Limited Recommends Interim Cash Dividend for the Six Months Ended 30 September 2022, Payable on or About 16 December 2022

Taste Gourmet Group Limited to Report First Half, 2023 Results on Nov 11, 2022

Taste Gourmet Group Limited Announces Resignation of Mr. Low Soon Huat as Executive Director

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: HK$0.042 (vs HK$0.03 in 1Q 2022)

Taste Gourmet Group Limited to Report Q1, 2023 Results on Aug 14, 2022

Taste Gourmet Group (HKG:8371) Has Announced That Its Dividend Will Be Reduced To HK$0.016

Taste Gourmet Group Limited Declares Final Dividend for the Year Ended 31 March 2022

Upcoming dividend of HK$0.016 per share

Taste Gourmet Group (HKG:8371) Has Announced That Its Dividend Will Be Reduced To HK$0.016

Taste Gourmet Group's (HKG:8371) Shareholders Will Receive A Smaller Dividend Than Last Year

Taste Gourmet Group Limited, Annual General Meeting, Aug 01, 2022

Full year 2022 earnings released

Taste Gourmet Group Limited Recommends Payment of Final Dividend, Payable on or About 25 August 2022

Taste Gourmet Group Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 March 2022

Taste Gourmet Group Limited to Report Fiscal Year 2022 Results on Jun 23, 2022

Insufficient new directors

Here's Why Taste Gourmet Group (HKG:8371) Can Manage Its Debt Responsibly

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Taste Gourmet Group Limited Provides Unaudited Consolidated Earnings Guidance for the Nine Months Ended December 31, 2021

Upcoming dividend of HK$0.04 per share

Second quarter 2022 earnings released: EPS HK$0.039 (vs HK$0.01 loss in 2Q 2021)

Investor sentiment improved over the past week

Here's Why Taste Gourmet Group (HKG:8371) Has A Meaningful Debt Burden

First quarter 2022 earnings released: EPS HK$0.03 (vs HK$0.022 in 1Q 2021)

Upcoming dividend of HK$0.04 per share

Taste Gourmet Group Limited Provides Earnings Guidance for the Three Months Ended 30 June 2021

Full year 2021 earnings released: EPS HK$0.065 (vs HK$0.079 in FY 2020)

New 90-day low: HK$1.13