Income Statement Tasty Concepts Holding Limited

Stocks

8096

KYG8693A1132

Restaurants & Bars

Delayed Hong Kong S.E. 04:08:27 2026-09-30 EDT			5-day change	1st Jan Change
0.1140 ^HKD	-8.80%		-14.93%	-13.64%

07-30	Tasty Concepts Holding Limited Auditor Raises 'Going Concern' Doubt	CI
06-30	Tasty Concepts Holding Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI

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Published financial data: TASTY CONCEPTS HOLDING LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)	2026 (HKD)
Revenues	41.88M	42.27M	38.29M	30.92M	31.51M
Total Revenues	41.88M	42.27M	38.29M	30.92M	31.51M
Cost of Goods Sold, Total	33.84M	34.64M	28.47M	21.87M	21.81M
Gross Profit	8.04M	7.63M	9.82M	9.05M	9.7M
Selling General & Admin Expenses, Total	-	-	-	-	-
Depreciation & Amortization - (IS)	6.39M	4.08M	5.28M	5.81M	8.17M
Other Operating Expenses	13.24M	13.18M	10.62M	9.11M	8.78M
Other Operating Expenses, Total	19.63M	17.26M	15.9M	14.92M	16.95M
Operating Income	-11.6M	-9.63M	-6.08M	-5.87M	-7.25M
Interest Expense, Total	-692K	-735K	-565K	-180K	-234K
Interest And Investment Income	139K	156K	91K	54K	5K
Net Interest Expenses	-553K	-579K	-474K	-126K	-229K
Currency Exchange Gains (Loss)	27K	-15K	-1K	1K	-
Other Non Operating Income (Expenses)	-735K	143K	302K	-181K	-382K
EBT, Excl. Unusual Items	-12.86M	-10.08M	-6.26M	-6.18M	-7.86M
Gain (Loss) On Sale Of Assets	-	-	-	57K	35K
Asset Writedown	-10.81M	-2.34M	-3.25M	-25K	-
Legal Settlements	-13K	-15K	-44K	-44K	-44K
Other Unusual Items	8.92M	2.66M	1.41M	33K	108K
EBT, Incl. Unusual Items	-14.76M	-9.78M	-8.14M	-6.16M	-7.76M
Income Tax Expense	1.05M	-39K	-9K	-	-
Earnings From Continuing Operations	-15.8M	-9.74M	-8.13M	-6.16M	-7.76M
Net Income to Company	-15.8M	-9.74M	-8.13M	-6.16M	-7.76M
Minority Interest	1.97M	89K	-7K	83K	17K
Net Income - (IS)	-13.83M	-9.65M	-8.13M	-6.07M	-7.74M
Net Income to Common Incl Extra Items	-13.83M	-9.65M	-8.13M	-6.07M	-7.74M
Net Income to Common Excl. Extra Items	-13.83M	-9.65M	-8.13M	-6.07M	-7.74M
Per Share Items
Net EPS - Basic	-0.28	-0.18	-0.08	-0.03	-0.04
Basic EPS - Continuing Operations	-0.28	-0.18	-0.08	-0.03	-0.04
Basic Weighted Average Shares Outstanding	50M	53.47M	108M	192M	192M
Net EPS - Diluted	-0.28	-0.18	-0.08	-0.03	-0.04
Diluted EPS - Continuing Operations	-0.28	-0.18	-0.08	-0.03	-0.04
Diluted Weighted Average Shares Outstanding	50M	53.47M	108M	192M	192M
Normalized Basic EPS	-0.12	-0.12	-0.04	-0.02	-0.03
Normalized Diluted EPS	-0.12	-0.12	-0.04	-0.02	-0.03
Supplemental Items
EBITDA	-9.79M	-9.32M	-5.65M	-3.03M	291K
EBITA	-11.6M	-9.63M	-6.08M	-5.87M	-7.25M
EBIT	-11.6M	-9.63M	-6.08M	-5.87M	-7.25M
EBITDAR	-7.34M	-8.97M	-5.04M	109K	3.32M
Effective Tax Rate - (Ratio)	-7.1	0.4	0.11	-	-
Current Domestic Taxes	-201K	15K	-9K	-	-
Total Current Taxes	-201K	15K	-9K	-	-
Deferred Domestic Taxes	1.25M	-54K	-	-	-
Total Deferred Taxes	1.25M	-54K	-	-	-
Normalized Net Income	-6.07M	-6.21M	-3.92M	-3.78M	-4.89M
Interest on Long-Term Debt	626K	706K	564K	180K	114K
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
Net Rental Expense, Total	2.45M	346K	607K	3.14M	3.03M
Imputed Operating Lease Interest Expense	796K	133K	183K	474K	552K
Imputed Operating Lease Depreciation	1.66M	213K	424K	2.67M	2.48M
Maintenance & Repair Expenses, Total	957K	758K	534K	247K	3.09M
Stock-Based Comp., Other (Total)	-	2.02M	-	-	-
Total Stock-Based Compensation	-	2.02M	-	-	-

Fiscal Period: March	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)	2026 (HKD)
Assets
Cash And Equivalents	11.62M	6.59M	13.26M	6.8M	8.89M
Total Cash And Short Term Investments	11.62M	6.59M	13.26M	6.8M	8.89M
Accounts Receivable, Total	337K	1.14M	642K	1.21M	571K
Other Receivables	1.17M	631K	1.41M	4.15M	3.14M
Total Receivables	1.5M	1.77M	2.05M	5.36M	3.72M
Inventory	612K	590K	199K	-	165K
Prepaid Expenses	1.16M	969K	1.95M	452K	248K
Other Current Assets, Total	3.22M	3.01M	3.4M	-	1.18M
Total Current Assets	18.12M	12.93M	20.86M	12.62M	14.2M
Gross Property Plant And Equipment	40.38M	52.68M	30.37M	28.77M	18.99M
Accumulated Depreciation	-38.29M	-38.86M	-18.55M	-14.41M	-10.2M
Net Property Plant And Equipment	2.09M	13.82M	11.82M	14.36M	8.78M
Other Intangibles, Total	0	-	-	-	-
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	1.74M	2.33M	4.43M	2.04M	417K
Total Assets	21.94M	29.08M	37.11M	29.02M	23.4M
Liabilities
Accounts Payable, Total	436K	1.14M	1.98M	1.49M	209K
Accrued Expenses, Total	909K	1.52M	849K	753K	411K
Short-term Borrowings	1.02M	5.69M	7.27M	7.27M	8.15M
Current Portion of Leases	6.65M	6.38M	2.64M	1.47M	1.36M
Current Income Taxes Payable	60K	75K	75K	75K	47K
Other Current Liabilities	4.07M	4.5M	3.94M	3.69M	4.83M
Total Current Liabilities	13.14M	19.3M	16.76M	14.74M	15.01M
Long-Term Leases	3.01M	7.89M	167K	246K	2.08M
Deferred Tax Liability Non Current	54K	-	-	-	-
Other Non Current Liabilities	228K	157K	25K	30K	41K
Total Liabilities	16.43M	27.35M	16.95M	15.02M	17.13M
Common Stock, Total	5M	5.5M	19.25M	19.25M	19.25M
Additional Paid In Capital	64.65M	69.96M	82.7M	82.7M	82.7M
Retained Earnings	-71.15M	-80.8M	-88.93M	-95M	-103M
Comprehensive Income and Other	8.99M	9.13M	9.19M	9.19M	9.21M
Total Common Equity	7.49M	3.79M	22.21M	16.14M	8.42M
Minority Interest	-1.97M	-2.06M	-2.05M	-2.13M	-2.15M
Total Equity	5.52M	1.73M	20.16M	14M	6.27M
Total Liabilities And Equity	21.94M	29.08M	37.11M	29.02M	23.4M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	50M	55M	192M	192M	192M
ECS Total Common Shares Outstanding	50M	55M	192M	192M	192M
Book Value / Share	0.15	0.07	0.12	0.08	0.04
Tangible Book Value	7.49M	3.79M	22.21M	16.14M	8.42M
Tangible Book Value Per Share	0.15	0.07	0.12	0.08	0.04
Total Debt	10.67M	19.96M	10.08M	8.98M	11.59M
Net Debt	-949K	13.37M	-3.18M	2.18M	2.7M
Debt Equivalent Oper. Leases	19.63M	2.77M	4.86M	25.12M	24.26M
Minority Interest, Total (Incl. Fin. Div)	-1.97M	-2.06M	-2.05M	-2.13M	-2.15M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	612K	590K	199K	-	165K
Machinery, Total	10.92M	10.98M	10.11M	10.31M	2.66M
Full Time Employees	76	78	42	36	29
Part Time Employees	-	36	-	-	-

Fiscal Period: March	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)	2026 (HKD)
Net Income	-13.83M	-9.65M	-8.13M	-6.07M	-7.74M
Depreciation & Amortization - CF	6.39M	4.08M	5.28M	5.81M	8.17M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	6.39M	4.08M	5.28M	5.81M	8.17M
(Gain) Loss From Sale Of Asset	-	-	-	-57K	-35K
Asset Writedown & Restructuring Costs	10.81M	2.34M	3.25M	405K	462K
Stock-Based Compensation (CF)	-	2.02M	-	-	-
Provision and Write-off of Bad Debts	1.22M	-	-163K	-	-
Other Operating Activities, Total	-5.57M	-751K	-839K	54K	90K
Change In Accounts Receivable	-268K	-73K	-801K	591K	1.79M
Change In Inventories	79K	22K	289K	199K	-165K
Change In Accounts Payable	-2.56M	1.65M	-425K	-867K	-527K
Change in Other Net Operating Assets	-463K	23K	-	-	-
Cash from Operations	-4.2M	-345K	-1.54M	63K	2.04M
Capital Expenditure	-4.41M	-4.02M	-12.46M	-3.08M	-400K
Sale of Property, Plant, and Equipment	-	-	-	-	35K
Divestitures	-	-	-	190K	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Other Investing Activities, Total	993K	483K	91K	54K	5K
Cash from Investing	-3.42M	-3.53M	-12.37M	-2.84M	-360K
Short Term Debt Issued, Total	-	5.54M	1.73M	-	-
Long-Term Debt Issued, Total	-	-	-	-	1.8M
Total Debt Issued	-	5.54M	1.73M	-	1.8M
Short Term Debt Repaid, Total	-829K	-867K	-149K	-	-1.04M
Long-Term Debt Repaid, Total	-8.36M	-9.02M	-6.92M	-3.5M	-270K
Total Debt Repaid	-9.19M	-9.88M	-7.06M	-3.5M	-1.31M
Issuance of Common Stock	-	3.79M	26.5M	-	-
Other Financing Activities, Total	-692K	-735K	-565K	-180K	-114K
Cash from Financing	-9.88M	-1.29M	20.6M	-3.68M	377K
Foreign Exchange Rate Adjustments	-26K	144K	-23K	-2K	27K
Net Change in Cash	-17.52M	-5.02M	6.66M	-6.45M	2.09M
Supplemental Items
Cash Interest Paid	692K	735K	565K	180K	114K
Cash Income Tax Paid (Refund)	-2.67M	-	-9K	-	28K
Levered Free Cash Flow	-3.25M	-2.48M	-12.99M	-98.88K	3.09M
Unlevered Free Cash Flow	-2.82M	-2.02M	-12.64M	13.62K	3.24M
Change In Net Working Capital	-2.45M	-1.92M	1.65M	-952K	6K
Net Debt Issued / Repaid	-9.19M	-4.34M	-5.33M	-3.5M	491K

Fiscal Period: March	2022 (HKD)	2023 (HKD)	2024 (HKD)	2025 (HKD)	2026 (HKD)
Profitability
Return on Assets	-19.48	-23.59	-11.49	-11.1	-17.28
Return on Total Capital	-23.77	-31.77	-14.64	-13.79	-22.17
Return On Equity %	-117.65	-268.74	-74.24	-36.04	-76.53
Return on Common Equity	-95.96	-171.18	-62.56	-31.67	-63.04
Margin Analysis
Gross Profit Margin %	19.19	18.04	25.64	29.27	30.79
SG&A Margin	-	-	-	-	-
EBITDA Margin %	-23.38	-22.04	-14.75	-9.8	0.92
EBITA Margin %	-27.69	-22.78	-15.88	-18.99	-22.99
EBIT Margin %	-27.69	-22.78	-15.88	-18.99	-22.99
Income From Continuing Operations Margin %	-37.74	-23.04	-21.22	-19.91	-24.62
Net Income Margin %	-33.03	-22.83	-21.24	-19.64	-24.56
Net Avail. For Common Margin %	-33.03	-22.83	-21.24	-19.64	-24.56
Normalized Net Income Margin	-14.49	-14.69	-10.23	-12.22	-15.53
Levered Free Cash Flow Margin	-7.76	-5.87	-33.93	-0.32	9.8
Unlevered Free Cash Flow Margin	-6.73	-4.78	-33	0.04	10.27
Asset Turnover
Asset Turnover	1.13	1.66	1.16	0.93	1.2
Fixed Assets Turnover	7.48	5.31	2.99	2.36	2.72
Receivables Turnover (Average Receivables)	45.84	57.2	42.95	25.89	40.22
Inventory Turnover (Average Inventory)	51.94	57.65	72.17	-	-
Short Term Liquidity
Current Ratio	1.38	0.67	1.24	0.86	0.95
Quick Ratio	1	0.43	0.91	0.83	0.84
Operating Cash Flow to Current Liabilities	-0.32	-0.02	-0.09	0	0.14
Days Sales Outstanding (Average Receivables)	7.96	6.38	8.52	14.1	9.07
Days Outstanding Inventory (Average Inventory)	7.03	6.33	5.07	-	-
Average Days Payable Outstanding	9.11	8.29	20.3	-	-
Cash Conversion Cycle (Average Days)	5.88	4.43	-6.71	-	-
Long Term Solvency
Total Debt/Equity	193.4	1.15K	50	64.14	184.84
Total Debt / Total Capital	65.92	92.02	33.33	39.08	64.89
LT Debt/Equity	54.5	455.86	0.83	1.76	33.15
Long-Term Debt / Total Capital	18.58	36.38	0.55	1.07	11.64
Total Liabilities / Total Assets	74.86	94.05	45.67	51.75	73.2
EBIT / Interest Expense	-16.76	-13.1	-10.76	-32.62	-30.97
EBITDA / Interest Expense	-7.53	-7.55	-1.42	-0.33	3.95
(EBITDA - Capex) / Interest Expense	-13.9	-13.02	-23.48	-17.44	2.24
Total Debt / EBITDA	-2.05	-3.6	-12.57	-149.7	12.55
Net Debt / EBITDA	0.18	-2.41	3.96	-36.3	2.92
Total Debt / (EBITDA - Capex)	-1.11	-2.09	-0.76	-2.86	22.12
Net Debt / (EBITDA - Capex)	0.1	-1.4	0.24	-0.69	5.15
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-19.27	0.95	-9.43	-19.25	1.93
Gross Profit, 1 Yr. Growth %	-34.25	-5.07	28.7	-7.83	7.24
EBITDA, 1 Yr. Growth %	-10.29	-4.86	-39.37	-46.34	-109.6
EBITA, 1 Yr. Growth %	-14.51	-16.97	-36.83	-3.47	23.42
EBIT, 1 Yr. Growth %	-14.65	-16.97	-36.83	-3.47	23.42
Earnings From Cont. Operations, 1 Yr. Growth %	18.07	-38.37	-16.56	-24.24	26.02
Net Income, 1 Yr. Growth %	3.35	-30.24	-15.72	-25.33	27.47
Normalized Net Income, 1 Yr. Growth %	-14.34	2.37	-36.94	-3.54	29.54
Diluted EPS Before Extra, 1 Yr. Growth %	3.35	-34.76	-58.27	-58.11	27.46
Accounts Receivable, 1 Yr. Growth %	-77.38	238.58	-43.73	2.37	-42.67
Inventory, 1 Yr. Growth %	-11.43	-3.59	-66.27	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-77.06	562.02	-14.5	21.52	-38.83
Total Assets, 1 Yr. Growth %	-58.17	32.51	27.61	-21.79	-19.36
Tangible Book Value, 1 Yr. Growth %	-64.93	-49.39	486.22	-27.35	-47.8
Common Equity, 1 Yr. Growth %	-64.93	-49.39	486.22	-27.35	-47.8
Cash From Operations, 1 Yr. Growth %	-135.91	-91.79	97.82	-104.08	3.14K
Capital Expenditures, 1 Yr. Growth %	31.42	-8.89	210.26	-75.29	-87.01
Levered Free Cash Flow, 1 Yr. Growth %	69.33	-23.61	423.37	-99.24	-3.22K
Unlevered Free Cash Flow, 1 Yr. Growth %	94.66	-28.19	524.78	-100.11	23.64K
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-28.13	-9.73	-4.38	-14.48	-9.28
Gross Profit, 2 Yr. CAGR %	-38.6	-21	10.53	8.91	-0.58
EBITDA, 2 Yr. CAGR %	-19.19	-7.62	-24.05	-42.96	-77.3
EBITA, 2 Yr. CAGR %	-28.87	-15.75	-27.58	-21.91	9.15
EBIT, 2 Yr. CAGR %	-29.15	-15.82	-27.58	-21.91	9.15
Earnings From Cont. Operations, 2 Yr. CAGR %	-47.09	-14.7	-28.29	-20.5	-2.29
Net Income, 2 Yr. CAGR %	-50.49	-15.09	-23.32	-20.67	-2.44
Normalized Net Income, 2 Yr. CAGR %	-35.86	-6.36	-19.65	-22.01	11.78
Diluted EPS Before Extra, 2 Yr. CAGR %	-50.49	-17.89	-47.82	-58.19	-26.93
Accounts Receivable, 2 Yr. CAGR %	-21.22	-12.49	38.02	2.89	-30.44
Inventory, 2 Yr. CAGR %	-31.23	-7.6	-42.98	-	-8.94
Net Property, Plant and Equip., 2 Yr. CAGR %	-66.55	23.23	137.92	1.93	-13.79
Total Assets, 2 Yr. CAGR %	-44.88	-25.55	30.04	-0.1	-20.59
Tangible Book Value, 2 Yr. CAGR %	-53.62	-57.87	72.25	106.37	-38.42
Common Equity, 2 Yr. CAGR %	-53.64	-57.87	72.25	106.37	-38.42
Cash From Operations, 2 Yr. CAGR %	-25.78	-82.83	-39.39	-71.58	15.1
Capital Expenditures, 2 Yr. CAGR %	-47.13	9.42	68.13	-12.44	-82.08
Levered Free Cash Flow, 2 Yr. CAGR %	-61.44	13.73	99.95	-80.04	-51.23
Unlevered Free Cash Flow, 2 Yr. CAGR %	-63.37	18.23	111.81	-91.79	-49.4
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-27.23	-19.51	-9.63	-9.62	-9.33
Gross Profit, 3 Yr. CAGR %	-38.74	-29	-7.04	4.04	8.35
EBITDA, 3 Yr. CAGR %	-22.23	-14.67	-19.71	-32.35	-68.51
EBITA, 3 Yr. CAGR %	-7.78	-25.11	-23.46	-20.3	-9.04
EBIT, 3 Yr. CAGR %	-7.73	-25.3	-23.5	-20.3	-9.04
Earnings From Cont. Operations, 3 Yr. CAGR %	11.92	-44.33	-15.32	-26.97	-7.3
Net Income, 3 Yr. CAGR %	4.1	-44.5	-15.3	-24	-7.08
Normalized Net Income, 3 Yr. CAGR %	-9.55	-25.05	-17.92	-14.61	-7.64
Diluted EPS Before Extra, 3 Yr. CAGR %	-4.93	-45.72	-34.47	-51.51	-39.38
Accounts Receivable, 3 Yr. CAGR %	-30.76	28.08	-24.47	53.04	-20.61
Inventory, 3 Yr. CAGR %	-28.25	-23.03	-33.96	-	-34.61
Net Property, Plant and Equip., 3 Yr. CAGR %	-46.82	-9.52	9.1	90.18	-14.02
Total Assets, 3 Yr. CAGR %	-41.74	-26.16	-10.9	9.76	-6.98
Tangible Book Value, 3 Yr. CAGR %	-56.53	-52.25	1.34	29.18	30.51
Common Equity, 3 Yr. CAGR %	-56.54	-52.26	1.34	29.18	30.51
Cash From Operations, 3 Yr. CAGR %	75.95	-64.37	-49.09	-75.34	37.87
Capital Expenditures, 3 Yr. CAGR %	-15.38	-36.61	54.87	-11.27	-53.65
Levered Free Cash Flow, 3 Yr. CAGR %	-40.54	-51.57	89.17	-68.78	7.57
Unlevered Free Cash Flow, 3 Yr. CAGR %	-43.43	-54.15	105.93	-83.09	16.95
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-12.96	-15.76	-18.83	-17.54	-9.49
Gross Profit, 5 Yr. CAGR %	-20.07	-26.13	-22.43	-15.75	-4.51
EBITDA, 5 Yr. CAGR %	-5.27	-15.58	-22.96	-27.37	-51.56
EBITA, 5 Yr. CAGR %	7.58	-9.1	-16.27	-23.84	-11.79
EBIT, 5 Yr. CAGR %	7.64	-9.07	-16.25	-23.97	-11.82
Earnings From Cont. Operations, 5 Yr. CAGR %	20.45	-5.57	-6.34	-35.8	-10.33
Net Income, 5 Yr. CAGR %	17.28	-5.75	-7.88	-35.97	-10.37
Normalized Net Income, 5 Yr. CAGR %	4.43	-8.34	-13.74	-23.84	-7.13
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-12.2	-25.21	-51.1	-31.55
Accounts Receivable, 5 Yr. CAGR %	-16.05	0.32	-8.75	17.34	-17.46
Inventory, 5 Yr. CAGR %	-8.63	-14.39	-34.55	-	-24.91
Net Property, Plant and Equip., 5 Yr. CAGR %	-27.62	1.44	-3.16	-5.1	-0.71
Total Assets, 5 Yr. CAGR %	-9.77	-7.24	-19.68	-16.67	-14.91
Tangible Book Value, 5 Yr. CAGR %	-21.12	-32.47	-24.6	-14.25	-16.97
Common Equity, 5 Yr. CAGR %	-21.18	-32.5	-24.6	-14.26	-16.97
Cash From Operations, 5 Yr. CAGR %	-14.46	-55.61	14.88	-61.68	-29.45
Capital Expenditures, 5 Yr. CAGR %	-4.42	-11.15	11.36	-27.87	-34.65
Levered Free Cash Flow, 5 Yr. CAGR %	-	-27.72	-3.41	-66.03	9.99
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-30.73	-4.08	-76.96	17.46