MasterBeef Group logo

MasterBeef Group

MB

NASDAQConsumer CyclicalRestaurants

Latest quote

$5.05

+$0.43 · +9.31%

MB company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

65

Undervalued

Momentum

22

Weakening

Sentiment

50

Mixed

Risk resilience

1

Extreme Risk

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Company profile

Company website

MasterBeef Group is a comprehensive dining conglomerate based in Hong Kong, specializing in authentic Taiwanese hotpot and barbecue cuisine. As of April 2025, the company manages a portfolio of 12 restaurant establishments, operating under its "Master Beef" and "Anping Grill" brand names. Notably, a 2023 report by Frost & Sullivan highlighted the Master Beef brand's leading position, ranking it first by revenue among both specialty hotpot and Taiwanese hotpot restaurant chain brands in Hong Kong. This strong performance also saw the brand capture approximately 9.7% of the total Taiwanese cuisine market in Hong Kong.

Industry
Restaurants
Sector
Consumer Cyclical
Headquarters
HK
CEO
Ka Chun Lam
Listed since
Apr 10, 2025
Employees
336

Market position

Volume
30.02K
2.73× average
Average volume
10.98K
Average daily volume
Market cap
86.63M USD
Beta
4.56
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.02B HKD
P/E (TTM)
-12.97×
P/B (TTM)
14.32×
P/S (TTM)
1.47×
EV / EBITDA
33.02×
Earnings yield
-5.52%
Free cash flow yield
-1.47%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
5.28%
Operating margin
-5.00%
Net margin
-11.45%
Return on equity
-110.76%
Return on assets
-17.28%
Return on invested capital
-12.31%

Financial health

Debt / equity
4.45×
Current ratio
1.55×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends80%47%13%-20%Gross margin, FY2017: 71.60%Gross margin, FY2022: 64.73%Gross margin, FY2023: 67.60%Gross margin, FY2024: 34.03%Gross margin, FY2025: 30.98%Operating margin, FY2017: -7.86%Operating margin, FY2022: 9.51%Operating margin, FY2023: 17.17%Operating margin, FY2024: -1.15%Operating margin, FY2025: -7.03%Net margin, FY2017: -8.10%Net margin, FY2022: 7.32%Net margin, FY2023: 0.60%Net margin, FY2024: 6.53%Net margin, FY2025: -11.44%FY2017FY2022FY2023FY2024FY2025
Gross margin FY2017 71.60%. Gross margin FY2022 64.73%. Gross margin FY2023 67.60%. Gross margin FY2024 34.03%. Gross margin FY2025 30.98%. Operating margin FY2017 -7.86%. Operating margin FY2022 9.51%. Operating margin FY2023 17.17%. Operating margin FY2024 -1.15%. Operating margin FY2025 -7.03%. Net margin FY2017 -8.10%. Net margin FY2022 7.32%. Net margin FY2023 0.60%. Net margin FY2024 6.53%. Net margin FY2025 -11.44%.

Income trends

Revenue

459.1M HKD-8.90%

Operating income

−32.28M HKD-456.41%

Net income

−52.53M HKD−85.43M HKD
Income trends across reported periods1.58B HKD963.12M HKD346.8M HKD−269.53M HKDRevenue, FY2017: 1.43B HKDRevenue, FY2022: 456.69M HKDRevenue, FY2023: 499.54M HKDRevenue, FY2024: 503.98M HKDRevenue, FY2025: 459.1M HKDOperating income, FY2017: −112M HKDOperating income, FY2022: 43.42M HKDOperating income, FY2023: 85.79M HKDOperating income, FY2024: −5.8M HKDOperating income, FY2025: −32.28M HKDNet income, FY2017: −115.45M HKDNet income, FY2022: 33.41M HKDNet income, FY2023: 3M HKDNet income, FY2024: 32.9M HKDNet income, FY2025: −52.53M HKDFY2017FY2022FY2023FY2024FY2025
Revenue FY2017 1.43B HKD. Revenue FY2022 456.69M HKD. Revenue FY2023 499.54M HKD. Revenue FY2024 503.98M HKD. Revenue FY2025 459.1M HKD. Operating income FY2017 −112M HKD. Operating income FY2022 43.42M HKD. Operating income FY2023 85.79M HKD. Operating income FY2024 −5.8M HKD. Operating income FY2025 −32.28M HKD. Net income FY2017 −115.45M HKD. Net income FY2022 33.41M HKD. Net income FY2023 3M HKD. Net income FY2024 32.9M HKD. Net income FY2025 −52.53M HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2017
Revenue459.1M HKD503.98M HKD499.54M HKD456.69M HKD1.43B HKD
Cost of goods sold316.89M HKD332.5M HKD161.84M HKD161.07M HKD404.84M HKD
Gross profit142.22M HKD171.48M HKD337.7M HKD295.62M HKD1.02B HKD
Research and development7M HKD5.93M HKD279.49M HKD
Selling, general, and administrative64.34M HKD55.13M HKD161.57M HKD172.49M HKD292.45M HKD
Operating expenses174.5M HKD177.28M HKD251.91M HKD252.2M HKD1.13B HKD
Interest income484.24K HKD682.41K HKD28.25K HKD
Interest expense9.71M HKD10.19M HKD9.61M HKD7.6M HKD
Depreciation and amortization66.6M HKD78.6M HKD84.26M HKD68.57M HKD71.41M HKD
Operating income−32.28M HKD−5.8M HKD85.79M HKD43.42M HKD−112M HKD
Net income−52.53M HKD32.9M HKD3M HKD33.41M HKD−115.45M HKD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-3.04
FY2025 · -540.58% year over year
Latest fiscal-year revenue
459.1M HKD
FY2025 · -8.90% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend1.07-0.42-1.92-3.41FY17FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend1.52B1.13B747.29M359.82MFY17FY22FY23FY24FY25

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