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Tsit Wing International Holdings Limited (2119.HK)

HKD0.47 +0.01 (+2.17%)
HK HKSE Consumer Defensive Beverages - Non-Alcoholic
Address Kwai Tak Industrial Centre
Kwai Chung, HK
CEO Tat Tong Wong
IPO 2018-05-11
ISIN BMG9113W1073

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Description

Tsit Wing International Holdings Limited, an investment holding entity, supplies a wide array of beverages and food products to customers across Hong Kong, mainland China, Canada, Australia, the United States, Taiwan, the Philippines, Malaysia, Singapore, and Macau. The company's operations are divided into two primary divisions. Its Beverage Solutions segment is dedicated to the processing and distribution of coffee, tea, and related items. This division also markets food and drink products, sells coffee machinery, manages its own food and beverage establishments, and offers rental services for coffee and tea equipment. The Food Products segment focuses on the trade of frozen goods. Additionally, the company is involved in coffee bean processing and provides catering training programs. Founded in 1932, Tsit Wing International Holdings Limited maintains its headquarters in Kwai Chung, Hong Kong, and functions as a subsidiary of Hero Valour Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD0.47 +0.01 (+2.17%)
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Volume Profile
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Liquidity & share structure
Average Volume
80.7K
Beta
0.32
Float Shares
720.73M
Free Float %
100.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.02% +1.04% -3.00% -8.49% -13.39% -13.39% -11.82% -40.85% -52.91% -79.54% -79.54%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.47
DCF (Unlevered) 1.75 +271.9%
DCF (Levered) 1.75 +273.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.65
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
4 / 5
High
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Beverages - Non-Alcoholic: +4.6%
    +9.4% Q4'25: +121.2% (vs Q4'23)
  • EPS growth Beverages - Non-Alcoholic: +9.3%
    -27.7% Q4'25: +34.1% (vs Q4'23)
  • FCF margin FCF growth · Beverages - Non-Alcoholic: +17.3%
    +0.6% Q4'25: +6.1% (vs Q4'23)
  • EBIT margin Beverages - Non-Alcoholic: +13.6%
    +6.1% Q4'25: +4.9% (vs Q4'23)
  • ROIC Beverages - Non-Alcoholic: +11.1%
    +10.3% Q4'25: +17.6% (vs Q4'23)
  • Share dilution Beverages - Non-Alcoholic: +0.1%
    +0.0% Q4'25: 0.0% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Beverages - Non-Alcoholic: -0.18×
    0.35× Q4'25: 0.20× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.31) × ERP
WACC = 93% × Ke + 7% × Kd (6.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1.75 Current price: 0.47
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
1.07B
est: 1.09B (-2.0%)
785.00M
est: 1.04B (-24.7%)
638.51M
est: 800.00M (-20.2%)
766.79M
est: 853.00M (-10.1%)
695.94M
est: 782.20M (-11.0%)
728.93M
est: 717.28M (+1.6%)
721.12M
est: 853.00M (-15.5%)
789.16M
est: 1.09B (-27.8%)
1.09B
1.09B – 1.09B
+0.0% YoY
1.04B
1.04B – 1.04B
-4.7% YoY
800.00M
800.00M – 800.00M
-23.2% YoY
853.00M
853.00M – 853.00M
+6.6% YoY
EBITDA
119.61M
est: 179.60M (-33.4%)
147.95M
est: 171.22M (-13.6%)
132.15M
est: 131.46M (+0.5%)
140.70M
est: 140.17M (+0.4%)
98.92M
est: 96.79M (+2.2%)
99.33M
est: 118.45M (-16.1%)
110.16M
est: 120.52M (-8.6%)
72.46M
est: 154.43M (-53.1%)
154.43M
154.43M – 154.43M
+0.0% YoY
147.23M
147.23M – 147.23M
-4.7% YoY
113.04M
113.04M – 113.04M
-23.2% YoY
120.52M
120.52M – 120.52M
+6.6% YoY
EBIT
97.16M
est: 119.01M (-18.4%)
114.79M
est: 113.46M (+1.2%)
93.22M
est: 87.11M (+7.0%)
101.46M
est: 92.88M (+9.2%)
58.13M
est: 86.17M (-32.5%)
60.04M
est: 79.14M (-24.1%)
72.28M
est: 78.36M (-7.8%)
48.02M
est: 100.40M (-52.2%)
100.40M
100.40M – 100.40M
+0.0% YoY
95.72M
95.72M – 95.72M
-4.7% YoY
73.49M
73.49M – 73.49M
-23.2% YoY
78.36M
78.36M – 78.36M
+6.6% YoY
Net Income
77.48M
est: 65.70M (+17.9%)
75.48M
est: 65.70M (+14.9%)
76.80M
est: 77.65M (-1.1%)
80.24M
est: 83.63M (-4.0%)
47.42M
est: 56.66M (-16.3%)
48.71M
est: 143.23M (-66.0%)
59.09M
est: 83.63M (-29.3%)
42.73M
est: 65.70M (-35.0%)
65.70M
65.70M – 65.70M
+0.0% YoY
65.70M
65.70M – 65.70M
+0.0% YoY
77.65M
77.65M – 77.65M
+18.2% YoY
83.63M
83.63M – 83.63M
+7.7% YoY
SGA
220.41M
est: 285.66M (-22.8%)
195.07M
est: 272.34M (-28.4%)
181.48M
est: 209.09M (-13.2%)
195.78M
est: 222.94M (-12.2%)
183.67M
est: 148.46M (+23.7%)
182.16M
est: 188.40M (-3.3%)
182.75M
est: 211.71M (-13.7%)
172.34M
est: 271.27M (-36.5%)
271.27M
271.27M – 271.27M
+0.0% YoY
258.61M
258.61M – 258.61M
-4.7% YoY
198.55M
198.55M – 198.55M
-23.2% YoY
211.71M
211.71M – 211.71M
+6.6% YoY
EPS
0.11
est: 0.09 (+20.7%)
0.10
est: 0.09 (+8.5%)
0.10
est: 0.11 (-7.2%)
0.11
est: 0.12 (-5.2%)
0.07
est: 0.17 (-60.5%)
0.07
est: 0.20 (-65.8%)
0.08
est: 0.12 (-29.3%)
0.06
est: 0.09 (-35.0%)
0.09
0.09 – 0.09
+0.0% YoY
0.09
0.09 – 0.09
+0.0% YoY
0.11
0.11 – 0.11
+18.2% YoY
0.12
0.12 – 0.12
+7.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-28 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-27 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-26 A+ 4/5 5/5 3/5 4/5 4/5 4/5 4/5
2026-05-22 A 4/5 5/5 3/5 4/5 3/5 4/5 4/5
2026-05-21 A 4/5 5/5 3/5 4/5 3/5 4/5 4/5
2026-05-20 A 4/5 5/5 3/5 4/5 3/5 4/5 4/5
2026-05-19 A 4/5 5/5 3/5 4/5 3/5 4/5 4/5
2026-05-18 A 4/5 5/5 3/5 4/5 3/5 4/5 4/5
2026-05-15 A 4/5 5/5 3/5 4/5 3/5 4/5 4/5
2026-05-14 A 4/5 5/5 3/5 4/5 3/5 4/5 4/5
2026-05-13 A 4/5 5/5 3/5 4/5 3/5 4/5 4/5
2026-05-12 A 4/5 5/5 3/5 4/5 3/5 4/5 4/5
2026-05-11 A 4/5 5/5 3/5 4/5 3/5 4/5 4/5
2026-05-08 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-05-07 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-05-06 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-05-05 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-05-04 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-04-30 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-04-29 A+ 4/5 5/5 3/5 4/5 3/5 4/5 5/5
2026-04-27 A+ 4/5 5/5 3/5 5/5 3/5 4/5 4/5
2026-04-22 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5
2026-04-20 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5
2026-04-17 A 4/5 5/5 3/5 5/5 2/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
160.71M
OE per share TTM
0.22
Owner's Yield
45.98%
Maintenance CapEx ratio
263.93%
Maint CapEx / Avg PPE
26.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
128.4K
Shares Outstanding
720.73M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Tat Tong Wong Chairman & Chief Executive Officer 7M male
Yee-Man Fan Group Chief Financial Officer, Executive Director & Company Secretary 2M female
Chun Pong Kam Head of Group Strategic Planning and Business Development & Executive Director 2M male
Chi Hang Cheung Group Operating Officer of Sales male
Ka Wai Hau Group Operating Officer of Human Resources & Administration female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits