Tingyi (Cayman Islands) Holding Corp. logo

Tingyi (Cayman Islands) Holding Corp.

0322.HK

HKSEConsumer DefensivePackaged Foods

Latest quote

HK$13.16

−HK$0.27 · -2.01%

Aug 25, 4:08 PM HKT

0322.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Tingyi (Cayman Islands) Holding Corp. operates as an investment holding company, with its primary focus on manufacturing and selling instant noodles, a diverse range of beverages, and convenience food products across the People's Republic of China. The company's business activities are segmented into Instant Noodles, Beverages, and an 'Others' category. Its extensive beverage portfolio includes ready-to-drink teas, fruit juices, milk teas, bottled water, carbonated soft drinks, alongside coffee, functional, and probiotic beverages. Furthermore, Tingyi diversifies its operations by providing property rental and management, logistics, and various management and support services, in addition to producing and marketing meat and bakery products. By the end of 2021, its robust sales infrastructure featured 340 sales offices and 341 warehouses, reaching an impressive 80,726 wholesalers and 256,567 direct retail outlets. Established in 1992, the company maintains its headquarters in Shanghai, PRC.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
CN
CEO
Hong-Chen Wei
Listed since
Feb 5, 1996
Employees
60,720

Market position

Day range

Current HK$13.16

52-week range

Current HK$13.16

Open
HK$13.63
Previous close
HK$13.43
Volume
24.28M
1.23× average
Average volume
19.75M
Average daily volume
Market cap
74.18B HKD
Beta
0.06
Market reference 1
50-day average
HK$11.4556
+14.88% above average
200-day average
HK$12.1445
+8.36% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
64.11B CNY
P/E (TTM)
13.42×
P/B (TTM)
4.93×
P/S (TTM)
0.8×
EV / EBITDA
6.55×
Earnings yield
7.35%
Free cash flow yield
8.53%
Dividend yield
7.00%

Profitability & efficiency

Gross margin
35.39%
Operating margin
8.56%
Net margin
5.86%
Return on equity
29.25%
Return on assets
7.98%
Return on invested capital
13.28%

Financial health

Debt / equity
1.36×
Current ratio
0.72×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends38%25%13%0%Gross margin, FY2021: 30.39%Gross margin, FY2022: 29.09%Gross margin, FY2023: 30.42%Gross margin, FY2024: 33.10%Gross margin, FY2025: 34.82%Operating margin, FY2021: 5.85%Operating margin, FY2022: 4.23%Operating margin, FY2023: 4.86%Operating margin, FY2024: 7.22%Operating margin, FY2025: 8.11%Net margin, FY2021: 5.13%Net margin, FY2022: 3.34%Net margin, FY2023: 3.88%Net margin, FY2024: 4.63%Net margin, FY2025: 5.69%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 30.39%. Gross margin FY2022 29.09%. Gross margin FY2023 30.42%. Gross margin FY2024 33.10%. Gross margin FY2025 34.82%. Operating margin FY2021 5.85%. Operating margin FY2022 4.23%. Operating margin FY2023 4.86%. Operating margin FY2024 7.22%. Operating margin FY2025 8.11%. Net margin FY2021 5.13%. Net margin FY2022 3.34%. Net margin FY2023 3.88%. Net margin FY2024 4.63%. Net margin FY2025 5.69%.

Income trends

Revenue

77.02B CNY-4.50%

Operating income

6.25B CNY+7.19%

Net income

4.38B CNY+17.40%
Income trends across reported periods88.45B CNY57.25B CNY26.04B CNY−5.17B CNYRevenue, FY2021: 74.08B CNYRevenue, FY2022: 78.72B CNYRevenue, FY2023: 80.42B CNYRevenue, FY2024: 80.65B CNYRevenue, FY2025: 77.02B CNYOperating income, FY2021: 4.33B CNYOperating income, FY2022: 3.33B CNYOperating income, FY2023: 3.91B CNYOperating income, FY2024: 5.83B CNYOperating income, FY2025: 6.25B CNYNet income, FY2021: 3.8B CNYNet income, FY2022: 2.63B CNYNet income, FY2023: 3.12B CNYNet income, FY2024: 3.73B CNYNet income, FY2025: 4.38B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 74.08B CNY. Revenue FY2022 78.72B CNY. Revenue FY2023 80.42B CNY. Revenue FY2024 80.65B CNY. Revenue FY2025 77.02B CNY. Operating income FY2021 4.33B CNY. Operating income FY2022 3.33B CNY. Operating income FY2023 3.91B CNY. Operating income FY2024 5.83B CNY. Operating income FY2025 6.25B CNY. Net income FY2021 3.8B CNY. Net income FY2022 2.63B CNY. Net income FY2023 3.12B CNY. Net income FY2024 3.73B CNY. Net income FY2025 4.38B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue77.02B CNY80.65B CNY80.42B CNY78.72B CNY74.08B CNY
Cost of goods sold50.2B CNY53.96B CNY55.95B CNY55.82B CNY51.57B CNY
Gross profit26.82B CNY26.7B CNY24.47B CNY22.9B CNY22.51B CNY
Selling, general, and administrative21.12B CNY20.87B CNY20.5B CNY19.21B CNY18.18B CNY
Operating expenses20.57B CNY20.81B CNY20.33B CNY19.33B CNY17.84B CNY
Interest income302.48M CNY356.97M CNY540.69M CNY650.41M CNY783.5M CNY
Interest expense312.51M CNY423.31M CNY519.12M CNY446.02M CNY223.49M CNY
Depreciation and amortization3.54B CNY3.12B CNY3.45B CNY3.27B CNY3.14B CNY
Operating income6.25B CNY5.83B CNY3.91B CNY3.33B CNY4.33B CNY
Net income4.38B CNY3.73B CNY3.12B CNY2.63B CNY3.8B CNY

Company facts updated Aug 25, 2026.

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