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  2. •

    Consumer services

  3. •

    Restaurants
Tao Heung Holdings Limited

Tao Heung Holdings Limited

HHKEX:573
0.27
HKD
0.00
(0.00%)
324.59MMarket Cap
Tao Heung Holdings Limited
HKEX:573
(Hong Kong Exchange)

Recent

price

0.27

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
HKD
2.89
3.52
3.97
4.23
4.39
4.45
4.21
3.96
4.07
3.84
2.35
2.79
2.37
2.91
2.39
2.29
- -
Revenue per Share
0.22
0.25
0.29
0.27
0.2
0.17
0.17
0.09
0.11
0.12
-0.06
-0.02
-0.14
0.07
-0.05
-0.06
- -
Basic EPS, GAAP
0.08
0.12
0.12
-0.1
0.15
0.1
0.32
0.17
0.17
0.53
0.06
0.31
0.15
0.42
0.16
0.2
- -
Free Cash Flow per Basic Share
- -
0.13
0.13
0.13
0.12
0.12
0.12
0.16
0.12
0.12
0.04
0.06
0.06
0.06
0.03
- -
- -
Dividend per Share
1.21
1.36
1.53
1.68
1.75
1.74
1.72
1.72
1.64
1.58
1.55
1.5
1.2
1.22
1.12
1.07
1.07
Book Value per Share
1.19
1.3
1.43
1.58
1.63
1.63
1.6
1.58
1.52
1.54
1.51
1.46
1.17
1.18
1.09
1.03
1.03
Tangible Book Value per Share
1,016
1,017
1,020
1,022
1,022
1,022
1,018
1,017
1,017
1,017
1,017
1,016
1,014
1,014
1,014
1,014
1,014
Basic Weighted Avg Shares
2,937
3,576
4,056
4,320
4,489
4,546
4,287
4,025
4,139
3,906
2,388
2,836
2,402
2,949
2,426
2,319
- -
Sales/Revenue/Turnover
9.46
8.35
8.79
7.72
5.52
4.34
5.07
2.38
3.79
6.34
-2.54
-0.64
-6.29
3.02
-2.32
-1.64
- -
Operating Margin (%)
176
207
235
271
304
339
317
290
241
498
444
403
381
366
327
292
- -
Depreciation Expense
219
255
299
274
207
171
178
89
116
125
-58
-21
-143
74
-53
-60
- -
Net Income, GAAP
20.04
19.6
20.26
19.13
20.21
18.83
20.57
19.42
27.02
28.67
- -
- -
- -
28.64
- -
- -
- -
Effective Tax Rate (%)
7.47
7.13
7.38
6.35
4.62
3.77
4.15
2.21
2.81
3.2
-2.43
-0.75
-5.96
2.5
-2.18
-2.58
- -
Profit Margin (%)
179
171
81
53
68
54
159
198
313
212
154
106
-78
73
21
-3
-3
Working Capital
- -
12
12
92
104
109
31
21
8
606
518
439
339
330
193
268
268
LT Debt
1,231
1,396
1,577
1,742
1,804
1,788
1,751
1,741
1,686
1,637
1,595
1,546
1,243
1,254
1,154
1,104
1,104
Total Equity
18.14
18.13
17.99
14.38
9.64
7.73
8.43
3.9
5.98
7.91
- -
- -
- -
3.94
- -
- -
- -
Return on Invested Capital (%)
18.49
18.81
19.06
15.11
10.73
9
9.27
4.82
6.64
6.45
- -
- -
- -
4.32
- -
- -
- -
Return on Capital (%)
18.63
19.56
20.38
16.74
11.83
9.6
10.07
5.1
6.82
7.64
-3.65
-1.37
-10.41
6
-4.46
-5.39
- -
Return on Common Equity (%)

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
212
215
172
LT Borrowings
34
26
19
LT Finance Leases
159
203
250
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,014
1,014
1,014
Market Capitalization
436
304
325

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
520
461
474
Cash, Cash Equivalents & STI
213
207
202
Accounts Receivable, Net
46
39
53
Inventories
118
100
91
Total Current Liabilities
499
472
477
Payables & Accruals
- -
- -
- -
ST Debt
212
215
172
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-4.54%
-6.82%
-4.36%
Free Cash Flow
82.08%
108.2%
27.39%
Net Income, GAAP
4.67%
40.23%
13.51%
Sales/Revenue/Turnover
-4.94%
0.82%
-4.39%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
2,949
2024
- -
- -
2,426
2025
- -
- -
2,319

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.07
2024
- -
- -
-0.05
2025
- -
- -
-0.06

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.06
2024
- -
- -
0.03
2025
- -
- -
- -
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Business
Tao Heung Holdings Limited Tao Heung Holdings Limited is an investment holding company principally engaged in food and beverage businesses, operating a chain of restaurants and bakeries in Hong Kong and Mainland China. The company provides food catering services through chain restaurants under brands including Tao Heung, Tao Heung Tea House, Pier 88, Tao Square, Boat One, Hak Ka Hut, HAKKA Bistro, Chao Inn, Chung's House, Chung’s Cuisine/Chung’s Kitchen, Cheers Palace, Grand Ballroom, and Tai Cheong Bakery; produces and retails bakery products; slaughters, processes, and sells livestock; distributes food products and other items related to restaurant operations; operates poultry farms; and engages in property investment activities. Founded in 1991 and headquartered at Tai Po Industrial Estate, Tai Po, Hong Kong, it supports its operations with centralized food processing and logistics centers in Tai Po, Hong Kong, and Dongguan, Mainland China. Recent changes include the appointment of Lai Chi Kin as company secretary and authorized representative effective October 21, 2024, following the resignation of Cheung Kin Man; the resignation of Leung Yiu Chun as executive director and chief executive officer; and the appointment of Wong Fun Ching as a member of the nomination committee effective July 1, 2025.