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Best Mart 360 Holdings Ltd
Previous close
$1.67
Day range
$1.65 - $1.67
Year range
$1.35 - $2.00
Market cap
1.65B HKD
Avg Volume
164.27K
P/E ratio
-
Dividend yield
12.73%
Primary exchange
HKG
Market news
Financials
Income Statement
Revenue
Net income
(HKD) | Sep 2023info | Y/Y change |
---|---|---|
Revenue | 696.85M | 35.06% |
Operating expense | 155.54M | 10.07% |
Net income | 61.28M | 49.38% |
Net profit margin | 8.79 | 10.57% |
Earnings per share | — | — |
EBITDA | 131.36M | 49.10% |
Effective tax rate | 16.91% | — |
Balance Sheet
Total assets
Total liabilities
(HKD) | Sep 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 217.66M | 11.92% |
Total assets | 1.03B | 16.51% |
Total liabilities | 508.42M | 14.87% |
Total equity | 519.61M | — |
Shares outstanding | 1.00B | — |
Price to book | 3.21 | — |
Return on assets | 18.60% | — |
Return on capital | 22.12% | — |
Cash Flow
Net change in cash
(HKD) | Sep 2023info | Y/Y change |
---|---|---|
Net income | 61.28M | 49.38% |
Cash from operations | 109.43M | 1.18% |
Cash from investing | -3.13M | 60.60% |
Cash from financing | -82.64M | -2.00% |
Net change in cash | 54.76M | 186.33% |
Free cash flow | 86.12M | 35.39% |
About
Best Mart 360 is a chain store in Hong Kong selling snacks and non-perishable groceries. At December 2023, the company operated 167 stores.
Best Mart 360 was founded in 2013 by Lin Tsz Fung, Hui Chi-kwan and Hui Ngai-fan, with its first store in Sheung Shui. It initially targeted tourists, though it refocused to Hong Kong residents following a decline in tourists visiting Hong Kong in 2016. Its main direct competitor is 759 Store. The company was listed on the Hong Kong Stock Exchange in January 2019. In 2023, China Merchants Hoi Tung Trading, wholly owned by Mainland state-owned enterprise China Merchants Group, took a 49% stake in the company.
Hui Chi-kwan has been CEO of the company since 2015.
The Securities and Futures Commission completed an enquiry into the ownership of Best Mart 360 in June 2019, finding that the company's shareholding was highly concentrated. As at 23 May 2019, the top 20 shareholders held 95.77% of the company's shares, of which 75% were held by controlling shareholder Long Ease Holdings Limited, a company 50% owned by Lin Tsz Fung. Wikipedia
Founded
2013
Website
Employees
1,313