1. Hong Kong Stocks

  2. •

    Consumer services

  3. •

    Restaurants
Tang Palace (China) Holdings Limited

Tang Palace (China) Holdings Limited

HHKEX:1181
0.08
HKD
+0.00
(+1.20%)
225.97MMarket Cap
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
0.86
0.94
1.03
1.18
1.28
1.4
1.39
1.03
1.27
0.88
1.04
0.95
0.83
- -
Basic EPS, GAAP
0.04
0.05
0.05
0.1
0.12
0.11
0.09
- -
0.04
-0.14
0.04
-0.02
-0.05
- -
Free Cash Flow per Basic Share
0.02
0.06
0.06
0.15
0.12
0.12
0.19
0.09
0.13
-0.06
0.1
0.07
0.03
- -
Dividend per Share
0.03
0.02
0.03
0.04
0.12
0.13
0.11
0.02
0.05
0.02
0.05
0.01
0.01
- -
Book Value per Share
0.36
0.38
0.4
0.45
0.5
0.46
0.39
0.39
0.39
0.23
0.22
0.19
0.12
0.12
Tangible Book Value per Share
0.34
0.37
0.39
0.44
0.49
0.46
0.39
0.39
0.38
0.23
0.22
0.19
0.12
0.12
Basic Weighted Avg Shares
1,043
1,048
1,053
1,060
1,063
1,067
1,072
1,076
1,076
1,075
1,076
1,075
1,076
1,076
Sales/Revenue/Turnover
902
989
1,088
1,248
1,356
1,492
1,495
1,105
1,361
942
1,123
1,021
895
- -
Operating Margin (%)
12.53
13.47
12.95
17.02
23.39
20.39
20.33
16.11
18.38
3.97
17.47
4.53
0.72
- -
Depreciation Expense
51
57
60
58
53
52
142
142
129
112
86
82
84
- -
Net Income, GAAP
37
53
49
101
131
115
91
4
41
-151
42
-19
-59
- -
Effective Tax Rate (%)
26.29
22.2
24.77
29.6
31.54
30.35
32.78
82.95
40.78
- -
12.41
- -
- -
- -
Profit Margin (%)
4.08
5.38
4.47
8.09
9.68
7.72
6.11
0.4
2.98
-16.02
3.71
-1.85
-6.61
- -
Working Capital
167
191
203
263
267
273
123
145
150
17
2
23
-27
-27
LT Debt
- -
- -
- -
- -
- -
- -
231
169
150
105
172
162
158
158
Total Equity
372
403
422
479
534
503
429
419
417
246
241
205
126
126
Return on Invested Capital (%)
9.42
25.82
23.05
29.2
37.78
34.94
28.65
3.82
20.33
- -
38
- -
- -
- -
Return on Capital (%)
10.05
13.62
10.73
19.93
23.14
19.33
15.46
1.24
7.23
- -
11.2
- -
- -
- -
Return on Common Equity (%)
10.01
13.73
11.78
22.46
26.05
22.43
19.84
1.04
9.77
-45.76
17.21
-8.5
-35.55
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
47
58
57
LT Borrowings
- -
- -
- -
LT Finance Leases
162
131
158
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,076
1,076
1,076
Market Capitalization
212
168
203

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
412
398
361
Cash, Cash Equivalents & STI
348
348
170
Accounts Receivable, Net
35
27
28
Inventories
28
22
23
Total Current Liabilities
389
386
388
Payables & Accruals
- -
- -
- -
ST Debt
47
58
57
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-9.5%
-19.43%
-38.84%
Free Cash Flow
-34.83%
-93.42%
-60%
Net Income, GAAP
30.36%
58.78%
212.47%
Sales/Revenue/Turnover
-0.24%
-1.97%
-12.39%
Total Cash Common Dividend
24.81%
22.66%
-33.02%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1,123
2024
- -
- -
1,021
2025
- -
- -
895

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.04
2024
- -
- -
-0.02
2025
- -
- -
-0.05

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.05
2024
- -
- -
0.01
2025
- -
- -
0.01

Company Description

Company Profile APIChatGPT
CEO
Chung Yeung Wong
Full Time Employees
2,300
Sector
Consumer services
Industry
Restaurants
Address
Greenfield Tower Hong Kong Hong Kong
IPO Date
Apr 19, 2011
Website
tanggong.cn
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Business
Tang Palace (China) Holdings Limited, an investment holding company listed on the Hong Kong Stock Exchange (1181.HK), primarily engages in restaurant operations and food production in Hong Kong and the People's Republic of China; its core restaurant brands include Tang’s Cuisine, Tang Palace Seafood Restaurant, Tang Palace, Tang Palace He Yuan, Social Place, Canton Tea Room, Soup Delice and other dining concepts, complemented by wedding venues and catering services, intangible asset holding, as well as retail and wholesale trading activities. Founded in 1992 with headquarters at Unit 3, 10th Floor, South Tower, Greenfield Tower, Concord Plaza, 1 Science Museum Road, Kowloon, Hong Kong, the company employs approximately 2,400 staff and targets middle- to high-end dining customers across multiple provinces in China. In September 2025, its wholly-owned subsidiary Chengdu Youliang Tanggong Catering Management Co. Ltd. entered a new tenancy agreement with Sichuan Shouzuo for a specific venue, acquiring a right-of-use asset valued at RMB14.2 million classified as a discloseable transaction under Hong Kong Listing Rules; the company also conducted its annual general meeting in June 2025.