Tsit Wing International Holdings Limited, an investment holding company, provides beverages and food products in Hong Kong, Mainland China, Canada, Australia, the United States, Taiwan, the Philippines, Malaysia, and internationally. More Details
Flawless balance sheet and fair value.
Share Price & News
How has Tsit Wing International Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2119 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 2119's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 2119 underperformed the Hong Kong Food industry which returned 23.4% over the past year.
Return vs Market: 2119 underperformed the Hong Kong Market which returned 29.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Tsit Wing International Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Tsit Wing International Holdings Limited (HKG:2119) The Right Choice For A Smart Dividend Investor?
4 weeks ago | Simply Wall StCan You Imagine How Tsit Wing International Holdings' (HKG:2119) Shareholders Feel About The 13% Share Price Increase?
1 month ago | Simply Wall StWill Tsit Wing International Holdings (HKG:2119) Multiply In Value Going Forward?
Is Tsit Wing International Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2119 (HK$1.04) is trading below our estimate of fair value (HK$1.14)
Significantly Below Fair Value: 2119 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 2119 is good value based on its PE Ratio (10.1x) compared to the HK Food industry average (11.1x).
PE vs Market: 2119 is good value based on its PE Ratio (10.1x) compared to the Hong Kong market (11.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2119's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2119 is overvalued based on its PB Ratio (1.4x) compared to the HK Food industry average (0.9x).
How is Tsit Wing International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Food, Beverage & Tobacco industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tsit Wing International Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Tsit Wing International Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2119 has high quality earnings.
Growing Profit Margin: 2119's current net profit margins (12%) are higher than last year (11.4%).
Past Earnings Growth Analysis
Earnings Trend: 2119's earnings have grown by 12.5% per year over the past 5 years.
Accelerating Growth: 2119's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2119 had negative earnings growth (-14.5%) over the past year, making it difficult to compare to the Food industry average (12.8%).
Return on Equity
High ROE: 2119's Return on Equity (13.9%) is considered low.
How is Tsit Wing International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 2119's short term assets (HK$522.7M) exceed its short term liabilities (HK$121.5M).
Long Term Liabilities: 2119's short term assets (HK$522.7M) exceed its long term liabilities (HK$10.8M).
Debt to Equity History and Analysis
Debt Level: 2119's debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: 2119's debt to equity ratio has reduced from 66.2% to 2.2% over the past 5 years.
Debt Coverage: 2119's debt is well covered by operating cash flow (877.3%).
Interest Coverage: 2119 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Tsit Wing International Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 2119's dividend (5.37%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.97%).
High Dividend: 2119's dividend (5.37%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.01%).
Stability and Growth of Payments
Stable Dividend: 2119 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2119 has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54.1%), 2119's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Peter Wong (66 yo)
Mr. Tat Tong Wong serves as Chief Executive Officer of TSIT Wing International Holdings Ltd. at Tsit Wing (China) Holdings Limited and TSIT Wing (China) Investment Company Limited. Mr. Wong has been Chairm...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD959.70K) is above average for companies of similar size in the Hong Kong market ($USD231.41K).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
Experienced Board: 2119's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tsit Wing International Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Tsit Wing International Holdings Limited
- Ticker: 2119
- Exchange: SEHK
- Founded: 1932
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: HK$749.423m
- Shares outstanding: 720.60m
- Website: https://www.twcoffee.com
Number of Employees
- Tsit Wing International Holdings Limited
- Kwai Tak Industrial Centre
- Flats F-J
- Kwai Chung
- New Territories
- Hong Kong
Tsit Wing International Holdings Limited, an investment holding company, provides beverages and food products in Hong Kong, Mainland China, Canada, Australia, the United States, Taiwan, the Philippines, Ma...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/14 10:18|
|End of Day Share Price||2021/04/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.