Tsit Wing International Holdings Limited, an investment holding company, provides beverages and food products in Hong Kong, Mainland China, and internationally. More Details
Excellent balance sheet and good 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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 2119 underperformed the Hong Kong Food industry which returned 11.5% over the past year.
Return vs Market: 2119 underperformed the Hong Kong Market which returned 0.7% over the past year.
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 StWill Weakness in Tsit Wing International Holdings Limited's (HKG:2119) Stock Prove Temporary Given Strong Fundamentals?
4 weeks ago | Simply Wall StWhen Should You Buy Tsit Wing International Holdings Limited (HKG:2119)?
1 month ago | Simply Wall StBe Sure To Check Out Tsit Wing International Holdings Limited (HKG:2119) Before It Goes Ex-Dividend
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$3.98)
Significantly Below Fair Value: 2119 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2119 is good value based on its PE Ratio (9.6x) compared to the HK Food industry average (13.1x).
PE vs Market: 2119 is good value based on its PE Ratio (9.6x) compared to the Hong Kong market (11.3x).
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 (1.5x) 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 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 2119's forecast earnings growth is above the savings rate (1.6%).
Earnings vs Market: Insufficient data to determine if 2119's earnings are forecast to grow faster than the Hong Kong market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 2119's revenue (13.3% per year) is forecast to grow faster than the Hong Kong market (13.2% per year).
High Growth Revenue: 2119's revenue (13.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 2119's Return on Equity is forecast to be high in 3 years time
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 14.7% per year over the past 5 years.
Accelerating Growth: 2119's earnings growth over the past year (4.5%) is below its 5-year average (14.7% per year).
Earnings vs Industry: 2119 earnings growth over the past year (4.5%) underperformed the Food industry 4.7%.
Return on Equity
High ROE: 2119's Return on Equity (15.5%) is considered low.
How is Tsit Wing International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 2119's short term assets (HK$496.4M) exceed its short term liabilities (HK$118.0M).
Long Term Liabilities: 2119's short term assets (HK$496.4M) exceed its long term liabilities (HK$13.4M).
Debt to Equity History and Analysis
Debt Level: 2119's debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 2119's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2119's debt is well covered by operating cash flow (1033.2%).
Interest Coverage: 2119 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Tsit Wing International Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2119's dividend (6.4%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.27%).
High Dividend: 2119's dividend (6.4%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.86%).
Stability and Growth of Payments
Stable Dividend: 2119 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2119's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.5%), 2119's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Peter Wong (66 yo)
Mr. Tat Tong Wong @ Wong Tak Tong serves as Chief Executive Officer of TSIT Wing International Holdings Ltd. at Tsit Wing (China) Holdings Limited and TSIT Wing (China) Investment Company Limited. Mr. Wong ...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD874.06K) is above average for companies of similar size in the Hong Kong market ($USD232.26K).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
|Chairman & CEO||no data||HK$6.77m||66.18% |
|Group CFO & Executive Director||3.08yrs||HK$1.86m||0.076% |
|Group COO||10.75yrs||HK$3.01m||0.11% |
|Independent Non-Executive Director||2.83yrs||HK$300.00k||no data|
|Independent Non-Executive Director||2.83yrs||HK$300.00k||no data|
Experienced Board: 2119's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.
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.
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$730.851m
- Shares outstanding: 723.62m
- 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
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2119||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||May 2018|
Tsit Wing International Holdings Limited, an investment holding company, provides beverages and food products in Hong Kong, Mainland China, and internationally. It operates in two segments, Beverage Soluti ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/21 12:40|
|End of Day Share Price||2020/10/21 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.