1. China Stocks

  2. •

    Consumer non-durables

  3. •

    Beverages: non-alcoholic
Tingyi (Cayman Islands) Holding Corp.

Tingyi (Cayman Islands) Holding Corp.

1.43
EUR
0.00
(0.00%)
8.09BMarket Cap
Mar 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
11.85
11.34
10.55
9.92
10.52
10.8
11.02
12.02
13.17
13.97
14.27
14.31
14.03
- -
Basic EPS, GAAP
0.44
0.44
0.3
0.21
0.32
0.44
0.59
0.72
0.68
0.47
0.55
0.66
0.8
- -
Free Cash Flow per Basic Share
0.35
-0.91
0.27
1.1
1
0.99
1.07
1.12
0.43
0.22
0.33
0.83
0.9
- -
Dividend per Share
0.2
0.23
0.23
0.15
0.11
0.17
0.44
0.59
1.17
1.15
0.47
0.55
0.66
- -
Book Value per Share
3.12
3.36
3.37
3.23
3.28
3.5
3.48
3.75
3.31
2.37
2.47
2.53
2.66
3.33
Tangible Book Value per Share
3.09
3.33
3.34
3.2
3.23
3.45
2.81
3.09
2.68
1.74
1.85
1.92
2.07
3.28
Basic Weighted Avg Shares
5,594
5,600
5,604
5,603
5,605
5,617
5,622
5,624
5,627
5,633
5,634
5,634
5,636
5,618
Sales/Revenue/Turnover
66,305
63,507
59,094
55,579
58,954
60,686
61,978
67,618
74,082
78,717
80,418
80,651
79,068
- -
Operating Margin (%)
5.27
5.61
4.45
4.36
5.07
5.76
6.42
8.65
6.3
4.53
5.14
7.29
8.36
- -
Depreciation Expense
2,741
2,875
3,576
3,799
3,625
3,324
3,258
3,148
3,142
3,266
3,449
3,502
3,630
- -
Net Income, GAAP
2,476
2,484
1,664
1,162
1,819
2,463
3,331
4,062
3,802
2,632
3,117
3,734
4,501
- -
Effective Tax Rate (%)
31.63
30.11
40.3
43.21
33.52
31.43
31.29
29.98
24.53
25.86
26.42
28.67
25.7
- -
Profit Margin (%)
3.73
3.91
2.82
2.09
3.09
4.06
5.37
6.01
5.13
3.34
3.88
4.63
5.69
- -
Working Capital
-7,365
-8,022
-6,234
-6,670
-5,039
-2,977
-2,870
1,629
-4,158
-7,677
-8,719
-14,437
-8,109
-3,843
LT Debt
3,998
7,734
8,611
6,880
6,609
4,373
5,208
8,021
6,546
8,561
5,428
1,781
5,885
4,063
Total Equity
23,795
25,406
25,281
24,101
22,294
23,612
23,046
24,739
22,409
16,815
17,222
17,615
18,499
22,805
Return on Invested Capital (%)
7.87
8.3
4.84
4.16
5.12
7.12
9.23
10.78
9.57
7.41
9.72
13.17
15.29
- -
Return on Capital (%)
6.5
5.73
4.2
3.01
4.39
6.99
9.18
10.17
9.02
7.08
9.39
11.05
12.53
- -
Return on Common Equity (%)
14.85
13.7
8.83
6.28
9.96
12.94
16.98
19.97
19.12
16.44
22.87
26.56
30.82
- -

Capital Structure

CNY

•

in mil. unless spec.
Sep'18
Dec'18
Jun'19
ST Debt
3,073
6,462
6,334
LT Borrowings
6,536
4,373
3,718
LT Finance Leases
- -
- -
345
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,618
5,618
5,623
Market Capitalization
69,441
50,399
63,253

Working Capital

CNY

•

in mil. unless spec.
Sep'18
Dec'18
Jun'19
Total Current Assets
21,286
20,907
23,812
Cash, Cash Equivalents & STI
12,853
13,808
15,990
Accounts Receivable, Net
2,293
1,715
2,093
Inventories
2,468
2,652
2,842
Total Current Liabilities
22,117
23,885
27,654
Payables & Accruals
- -
- -
- -
ST Debt
3,073
6,462
6,334
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.6%
-4.93%
5.02%
Free Cash Flow
41.28%
19.99%
9.33%
Net Income, GAAP
14.06%
4.32%
20.52%
Sales/Revenue/Turnover
3.06%
3.26%
-1.96%
Total Cash Common Dividend
26.71%
14.88%
19.85%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
80,651
2025
- -
- -
79,068
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.66
2025
- -
- -
0.8
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.55
2025
- -
- -
0.66
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hong Chen Wei
Full Time Employees
60,720
Sector
Consumer non-durables
Industry
Beverages: non-alcoholic
Address
No. 1688 Wuzhong Road Shanghai SH China 201103
IPO Date
Feb 5, 1996
Website
masterkong.com.cn
Similar Companies
Coca-Cola Company (The) (NYSE:KO)
Celsius Holdings, Inc. (NASDAQ:CELH)
Varun Beverages Ltd. (NSE:VBL)
Monster Beverage Corporation (NASDAQ:MNST)
Anadolu Efes Biracilik ve Malt Sanayii A.S. (BIST:AEFES)
Coca-Cola Icecek A.S. (BIST:CCOLA)
Business
Tingyi (Cayman Islands) Holding Corp. (0322.HK), an investment holding company known for its Master Kong brand, manufactures and sells instant noodles, beverages, and instant food products primarily in the People's Republic of China; it operates through Instant Noodles, Beverages, and Others segments. The company offers a wide range of instant noodles in various flavors, sizes, and price bands; ready-to-drink teas, juices, milk tea, bottled water, and carbonated soft drinks including those produced under exclusive partnership with PepsiCo for non-alcoholic beverages in China; coffee, functional, and probiotics drinks; as well as bakery products, meat products, and convenience foods such as egg rolls. Founded in 1992 and headquartered in Shanghai with significant operations based in Tianjin, Tingyi maintains a vast sales network of over 340 sales offices and 341 warehouses serving wholesalers and direct customers across China, employing approximately 64,800 people in the packaged foods industry. In recent developments, the company reports improved financial performance for the first half of 2025 with revenue of RMB40.1 billion, gross margin expansion to 34.5%, and net profit growth of 20.5% year-on-year to RMB2.3 billion, driven by product innovation, packaging upgrades, flavor diversification, and channel expansion into snack wholesalers and membership stores; it accelerates digital transformation with AI-driven solutions and enterprise data platforms, forms a green low-carbon strategic partnership with Haier in August 2025, and continues supply agreements like those with Tingzheng for packaging through 2025 while enhancing omni-channel marketing and R&D for premium products.

Company News

Company News APIChatGPT