Tingyi (Cayman Islands) Holding Corp
00322: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| HKD 69.50 | Sdjvbn | Xbqnpprty |
Tingyi to Navigate Challenging Operating Environment for Instant Noodle Sector
Business Strategy and Outlook
Tingyi is a leading packaged food and beverage producer in China, with the number-one market share in instant noodles and ready-to-drink tea. Apart from its own "Master Kong" brand, the company also sells and distributes PepsiCo’s carbonated soft drinks and Gatorade in China. Tingyi’s portfolio primarily targets the mass market of convenience food and RTD beverages. Through its widespread point-of-sale coverage in the country, the company profits from the vast volume sold through nationwide distributors (80% of total sales).