Basic Info
Tam Jai International (HKEX 2217)
Trading Price: 3.12 HKD
Market Cap 4.18B HKD
Half Year Adjusted Earnings: 147 036 000
Implied Full Year PE: 14.2
Company Analysis
| Year |
Revenue |
Outlets |
Revenue per Outlet |
| 2019 |
1,556,173,000 |
107 |
14,543,672 |
| 2020 |
1,691,179,000 |
125 |
13,529,432 |
| 2021 |
1,794,693,000 |
147 |
12,208,795 |
| 2022 1H |
1,181,494,000 |
157 |
7,876,626 |
In terms of Revenue per Outlet, there has been decline in revenue per outlet since 2019. As the prospectus showed up till 2021 results, it is not surprising that most folks are not convinced with the company's ipo and it has opened underwater upon IPO.
However, following its release of its 2022 1H results, things seem to indicate a turnaround as the company has managed to achieved a revenue per outlet that would exceed 2019 if the half year result holds for the full year.
(Excellent 1H 2022 Results)
(Spending per customer in Hong Kong increased and Increased daily bowls per seat)...
