Tenfu (Cayman) Holdings Company Limited logo

Tenfu (Cayman) Holdings Company Limited

6868.HK

HKSEConsumer DefensivePackaged Foods

Latest quote

HK$2.665

+HK$0.015 · +0.57%

Aug 24, 3:33 PM HKT

6868.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Tenfu (Cayman) Holdings Company Limited, along with its group entities, functions as a prominent enterprise specializing in traditional Chinese tea products. The company is involved in the sale and promotion of a diverse range of tea items, while also innovating new product ideas, refining flavors, and crafting packaging. Its extensive product portfolio encompasses roughly 1,300 distinct types of traditional Chinese tea leaves, alongside about 300 varieties of tea-based snacks and various tea accessories. These offerings are primarily distributed under its key brands: Tenfu, Tenfu Ten Xin, and Uncle Lee. By the close of 2021, the firm's tea products were available through 1,313 retail locations spanning 31 provinces, autonomous regions, and municipalities across the People's Republic of China. These sales channels include standalone street-front stores, as well as concession stands and shops within shopping malls, department stores, and hypermarkets. Beyond retail, its operations extend to sorting and packaging tea leaves, manufacturing tea snacks, managing catering services, producing beverages, distributing pre-packaged foods and tea drinks, and engaging in property management. The company also provides hotel, restaurant, tourism, and associated services. Additionally, it leverages online platforms for the sale of tea leaves, snacks, and tea ware. Established in 1993, its main corporate office is situated in Xiamen, People's Republic of China.

Industry
Packaged Foods
Sector
Consumer Defensive
Headquarters
CN
CEO
Chia Ling Lee
Listed since
Sep 26, 2011
Employees
3,019

Market position

52-week range

Current HK$2.665

Open
HK$2.665
Previous close
HK$2.65
Volume
8K
0.07× average
Average volume
113.51K
Average daily volume
Market cap
2.88B HKD
Beta
0.11
Market reference 1
50-day average
HK$2.6509
+0.53% above average
200-day average
HK$2.7657
-3.64% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.74B CNY
P/E (TTM)
20.63×
P/B (TTM)
1.42×
P/S (TTM)
1.95×
EV / EBITDA
10.76×
Earnings yield
4.72%
Free cash flow yield
15.16%
Dividend yield
4.13%

Profitability & efficiency

Gross margin
49.47%
Operating margin
12.38%
Net margin
9.44%
Return on equity
6.86%
Return on assets
4.20%
Return on invested capital
5.13%

Financial health

Debt / equity
0.44×
Current ratio
2.01×
Altman Z-score
3.84
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends64%44%24%4%Gross margin, FY2021: 59.44%Gross margin, FY2022: 53.64%Gross margin, FY2023: 54.23%Gross margin, FY2024: 51.60%Gross margin, FY2025: 52.51%Operating margin, FY2021: 27.29%Operating margin, FY2022: 17.10%Operating margin, FY2023: 17.66%Operating margin, FY2024: 14.04%Operating margin, FY2025: 13.61%Net margin, FY2021: 18.68%Net margin, FY2022: 12.04%Net margin, FY2023: 12.30%Net margin, FY2024: 8.89%Net margin, FY2025: 9.23%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 59.44%. Gross margin FY2022 53.64%. Gross margin FY2023 54.23%. Gross margin FY2024 51.60%. Gross margin FY2025 52.51%. Operating margin FY2021 27.29%. Operating margin FY2022 17.10%. Operating margin FY2023 17.66%. Operating margin FY2024 14.04%. Operating margin FY2025 13.61%. Net margin FY2021 18.68%. Net margin FY2022 12.04%. Net margin FY2023 12.30%. Net margin FY2024 8.89%. Net margin FY2025 9.23%.

Income trends

Revenue

1.33B CNY-15.06%

Operating income

180.67M CNY-17.65%

Net income

122.57M CNY-11.74%
Income trends across reported periods2.1B CNY1.38B CNY663.19M CNY−57.64M CNYRevenue, FY2021: 1.92B CNYRevenue, FY2022: 1.72B CNYRevenue, FY2023: 1.73B CNYRevenue, FY2024: 1.56B CNYRevenue, FY2025: 1.33B CNYOperating income, FY2021: 525.21M CNYOperating income, FY2022: 293.32M CNYOperating income, FY2023: 306.16M CNYOperating income, FY2024: 219.39M CNYOperating income, FY2025: 180.67M CNYNet income, FY2021: 359.48M CNYNet income, FY2022: 206.45M CNYNet income, FY2023: 213.24M CNYNet income, FY2024: 138.88M CNYNet income, FY2025: 122.57M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.92B CNY. Revenue FY2022 1.72B CNY. Revenue FY2023 1.73B CNY. Revenue FY2024 1.56B CNY. Revenue FY2025 1.33B CNY. Operating income FY2021 525.21M CNY. Operating income FY2022 293.32M CNY. Operating income FY2023 306.16M CNY. Operating income FY2024 219.39M CNY. Operating income FY2025 180.67M CNY. Net income FY2021 359.48M CNY. Net income FY2022 206.45M CNY. Net income FY2023 213.24M CNY. Net income FY2024 138.88M CNY. Net income FY2025 122.57M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue1.33B CNY1.56B CNY1.73B CNY1.72B CNY1.92B CNY
Cost of goods sold630.26M CNY756.31M CNY793.65M CNY795.28M CNY780.6M CNY
Gross profit696.99M CNY806.33M CNY940.42M CNY920.12M CNY1.14B CNY
Selling, general, and administrative552.12M CNY622.28M CNY647.29M CNY652.86M CNY638.57M CNY
Operating expenses516.32M CNY586.95M CNY634.26M CNY626.8M CNY616.77M CNY
Interest income7.48M CNY4.55M CNY4.77M CNY2.94M CNY7.44M CNY
Interest expense19.57M CNY23.15M CNY25.92M CNY29.65M CNY25.98M CNY
Depreciation and amortization82.71M CNY83.22M CNY162.84M CNY81.66M CNY150.18M CNY
Operating income180.67M CNY219.39M CNY306.16M CNY293.32M CNY525.21M CNY
Net income122.57M CNY138.88M CNY213.24M CNY206.45M CNY359.48M CNY

Company facts updated Aug 24, 2026.

Corporate actions

Annual dividends per share

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

HK$0.10

2025 complete year-64.3% since 2021

2026 partial: HK$0.09

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend May 13, 2026

HK$0.09

Semi-Annual

Record May 15, 2026 · Payment May 26, 2026

Dividend

Ex-dividend Sep 2, 2025

HK$0.02

Semi-Annual

Record Sep 3, 2025 · Payment Sep 29, 2025

Dividend

Ex-dividend May 16, 2025

HK$0.08

Semi-Annual

Record May 20, 2025 · Payment May 28, 2025

Dividend

Ex-dividend Sep 3, 2024

HK$0.03

Semi-Annual

Record Sep 4, 2024 · Payment Sep 30, 2024

Dividend

Ex-dividend May 17, 2024

HK$0.12

Semi-Annual

Record May 20, 2024 · Payment May 29, 2024

Dividend

Ex-dividend Sep 4, 2023

HK$0.05

Semi-Annual

Record Sep 5, 2023 · Payment Sep 27, 2023

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