Hung Fook Tong Group Holdings Limited logo

Hung Fook Tong Group Holdings Limited

1446.HK

HKSEConsumer DefensiveBeverages - Non-Alcoholic

Latest quote

HK$0.315

HK$0.00 · 0.00%

Aug 21, 2:00 PM HKT

1446.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Hung Fook Tong Group Holdings Limited, established in 1986 and headquartered in Tai Po, Hong Kong, functions as an investment holding company. Its core activities involve the production, distribution, and sale—through both retail and wholesale channels—of herbal products and a variety of bottled drinks. The company's operations extend across Hong Kong, mainland China, and international territories, segmented into Hong Kong Retail and Wholesale divisions. Under its "Hung Fook Tong" brand, the firm offers a diverse product range, including traditional Chinese herbal beverages, various other drinks, Chinese-style soups, herbal tortoise plastron jelly, and additional food items. Beyond these main products, Hung Fook Tong is also involved in manufacturing and trading snack foods, and retailing bakery goods, salads, coffee, organic oatmeal, fruit teas, and other refreshments. The group's business scope further includes coupon wholesaling, catering services, plastic bottle manufacturing, logistics and trading support, training programs, online sales, administration of group rental properties, and license holding activities. As of December 31, 2021, the company operated a significant retail network comprising 122 self-managed stores and seven HFT Life cafés.

Industry
Beverages - Non-Alcoholic
Sector
Consumer Defensive
Headquarters
HK
CEO
Wing Fu Szeto
Listed since
Jul 4, 2014
Employees
828

Market position

52-week range

Current HK$0.315

Open
HK$0.315
Previous close
HK$0.315
Volume
114K
0.8× average
Average volume
142.11K
Average daily volume
Market cap
206.62M HKD
Beta
0.46
Market reference 1
50-day average
HK$0.3373
-6.61% below average
200-day average
HK$0.3727
-15.48% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
351.13M HKD
P/E (TTM)
-12.35×
P/B (TTM)
0.83×
P/S (TTM)
0.34×
EV / EBITDA
13.33×
Earnings yield
-5.20%
Free cash flow yield
36.77%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
59.53%
Operating margin
-1.43%
Net margin
-2.79%
Return on equity
-6.72%
Return on assets
-2.59%
Return on invested capital
-2.19%

Financial health

Debt / equity
0.6×
Current ratio
0.67×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends66%40%14%-12%Gross margin, FY2021: 59.95%Gross margin, FY2022: 59.17%Gross margin, FY2023: 58.49%Gross margin, FY2024: 59.45%Gross margin, FY2025: 59.53%Operating margin, FY2021: 2.07%Operating margin, FY2022: 0.74%Operating margin, FY2023: -5.41%Operating margin, FY2024: -1.34%Operating margin, FY2025: -1.43%Net margin, FY2021: 1.18%Net margin, FY2022: 0.77%Net margin, FY2023: -5.15%Net margin, FY2024: -2.21%Net margin, FY2025: -2.79%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 59.95%. Gross margin FY2022 59.17%. Gross margin FY2023 58.49%. Gross margin FY2024 59.45%. Gross margin FY2025 59.53%. Operating margin FY2021 2.07%. Operating margin FY2022 0.74%. Operating margin FY2023 -5.41%. Operating margin FY2024 -1.34%. Operating margin FY2025 -1.43%. Net margin FY2021 1.18%. Net margin FY2022 0.77%. Net margin FY2023 -5.15%. Net margin FY2024 -2.21%. Net margin FY2025 -2.79%.

Income trends

Revenue

600.28M HKD-3.29%

Operating income

−8.56M HKD-2.84%

Net income

−16.72M HKD-22.09%
Income trends across reported periods769.23M HKD476.28M HKD183.33M HKD−109.62M HKDRevenue, FY2021: 696M HKDRevenue, FY2022: 686.72M HKDRevenue, FY2023: 672.73M HKDRevenue, FY2024: 620.73M HKDRevenue, FY2025: 600.28M HKDOperating income, FY2021: 14.39M HKDOperating income, FY2022: 5.08M HKDOperating income, FY2023: −36.38M HKDOperating income, FY2024: −8.32M HKDOperating income, FY2025: −8.56M HKDNet income, FY2021: 8.22M HKDNet income, FY2022: 5.27M HKDNet income, FY2023: −34.62M HKDNet income, FY2024: −13.69M HKDNet income, FY2025: −16.72M HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 696M HKD. Revenue FY2022 686.72M HKD. Revenue FY2023 672.73M HKD. Revenue FY2024 620.73M HKD. Revenue FY2025 600.28M HKD. Operating income FY2021 14.39M HKD. Operating income FY2022 5.08M HKD. Operating income FY2023 −36.38M HKD. Operating income FY2024 −8.32M HKD. Operating income FY2025 −8.56M HKD. Net income FY2021 8.22M HKD. Net income FY2022 5.27M HKD. Net income FY2023 −34.62M HKD. Net income FY2024 −13.69M HKD. Net income FY2025 −16.72M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue600.28M HKD620.73M HKD672.73M HKD686.72M HKD696M HKD
Cost of goods sold242.95M HKD251.73M HKD279.25M HKD280.41M HKD278.72M HKD
Gross profit357.34M HKD369M HKD393.48M HKD406.31M HKD417.27M HKD
Selling, general, and administrative366.99M HKD379.96M HKD430.06M HKD402.37M HKD410.91M HKD
Operating expenses365.82M HKD377.32M HKD429.86M HKD399.9M HKD402.88M HKD
Interest income82K HKD148K HKD121K HKD67K HKD87K HKD
Interest expense8.23M HKD10.11M HKD8.68M HKD4.61M HKD4.97M HKD
Depreciation and amortization33.94M HKD36.67M HKD139.88M HKD135.48M HKD133.44M HKD
Operating income−8.56M HKD−8.32M HKD−36.38M HKD5.08M HKD14.39M HKD
Net income−16.72M HKD−13.69M HKD−34.62M HKD5.27M HKD8.22M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.01

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.060.01-0.03-0.08Q2 '21Q4 '21Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25
Q2 2021, reported Jun 30, 2021: actual 0.011, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 0.001, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 29, 2022: actual 0.016, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 27, 2023: actual -0.004, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual -0.015, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 26, 2024: actual -0.038, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 24, 2024: actual -0.012, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual -0.009, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates870.68M669.24M467.8M266.35MQ2 '21No estimateQ4 '21No estimateQ3 '22MissQ1 '23MissQ3 '23MissQ1 '24MissQ3 '24No estimateQ1 '25No estimate
Q2 2021, reported Jun 30, 2021: actual 346.29M HKD, estimate —, surprise —, Comparison unavailable. Q4 2021, reported Dec 31, 2021: actual 349.71M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 29, 2022: actual 340M HKD, estimate 829M HKD, surprise -58.99%, Miss. Q1 2023, reported Mar 27, 2023: actual 346.72M HKD, estimate 829M HKD, surprise -58.18%, Miss. Q3 2023, reported Aug 31, 2023: actual 331.68M HKD, estimate 829M HKD, surprise -59.99%, Miss. Q1 2024, reported Mar 26, 2024: actual 341.05M HKD, estimate 829M HKD, surprise -58.86%, Miss. Q3 2024, reported Aug 24, 2024: actual 308.03M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 27, 2025: actual 312.7M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.0062

2023 complete year+72.2% since 2019

Corporate action history

Dividend

Ex-dividend Jun 6, 2023

HK$0.0062

Special

Record Jun 7, 2023 · Payment Jul 7, 2023

Dividend

Ex-dividend Jun 7, 2022

HK$0.0068

Annual

Record Jun 8, 2022 · Payment Jul 8, 2022

Dividend

Ex-dividend Jun 9, 2021

HK$0.0196

Annual

Record Jun 11, 2021 · Payment Jul 12, 2021

Dividend

Ex-dividend Sep 8, 2020

HK$0.009

Special

Record Sep 9, 2020 · Payment Sep 25, 2020

Dividend

Ex-dividend Jun 10, 2020

HK$0.0038

Annual

Record Jun 11, 2020 · Payment Jul 10, 2020

Dividend

Ex-dividend Jun 12, 2019

HK$0.0036

Special

Record Jun 13, 2019 · Payment Jul 12, 2019

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