Companies ›Consumer Cyclicals ›1703.HK

1703.HK — HKEX Restaurants & Bars

1703.Hk

HK$0,51

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Mcap

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P/E

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EV / Rev

—

Div yield

—

Op margin

-13,0 %

ROE

-367,5 %

Net margin

-14,0 %

Debt / equity

1,38

Beta

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52w range

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Volume

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Day range

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Prev close

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Open

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Next earnings

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Ex-dividend

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TR 1Y

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About

1703.HK operates in the Restaurants & Bars industry, generating revenue primarily through food and beverage services.

Business. 1703.HK operates in the Restaurants & Bars industry, generating revenue primarily through food and beverage services.

Classification92 %

SectorConsumer Cyclicals

Business sectorCyclical Consumer Services

IndustryRestaurants & Bars

Generated · model-assisted

Sell-side consensus

—consensus pending

— buy— hold— sell

Avg 12m price target—

Upcoming events

— missing data

See all catalysts →

At a glance

Score

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not yet scored

Valuation

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valuation pending

Analysts

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not yet wired

Ownership

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not yet wired

Profitability→

-367,5 %

return on equity

Quality

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not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

No recent newsroom coverage mentioning 1703.

Sector rotation

Sector1D1Mvs mkt

Materials+2,3 %+6,6 %+1,7 %

Communication Services+2,2 %−5,5 %+1,6 %

Energy+0,6 %+3,3 %+0,0 %

Health Care+0,6 %−0,8 %+0,0 %

Information Technology+0,6 %+6,7 %+0,0 %

Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %

Financials−0,3 %−2,8 %−0,9 %

Consumer Staples−0,4 %+2,5 %−1,0 %

Real Estate−0,7 %+10,9 %−1,3 %

Industrials−1,9 %−3,1 %−2,5 %

Utilities−1,9 %+28,2 %−2,5 %

Developing storylines

No tracked sagas currently linked to 1703.HK. Browse all sagas →

Analysis

AI analysis

Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

Opportunity

— missing data

Upcoming catalysts

Scheduled public events. Informational only — not investment advice.

Macro
Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
Macro & political
ElectionSE Swedish Election2026-09-14 · SE
ElectionUS U.S. Midterms2026-11-03 · US
ElectionFR French Legislative2027-06-01 · FR

Pre-earnings brief

— missing data

Signals & dispatch

peak dispatch · —

Composite-score breakdown

Synthesis

Business

1703.HK operates in the Restaurants & Bars industry, generating revenue primarily through food and beverage services.

Classification92 %

SectorConsumer Cyclicals

Business sectorCyclical Consumer Services

IndustryRestaurants & Bars

AI synthesis

GENERATED

The company's capital structure is highly leveraged, with a debt-to-equity ratio of 1.38, indicating a significant reliance on debt financing. Liquidity is constrained, as evidenced by a current ratio of 0.75, suggesting the company may struggle to meet short-term obligations without external financing. Free cash flow is negative at -2.087 million, and operating cash flow is only 7.33 million, indicating limited capacity to fund operations or debt repayments internally.

Profitability is weak, with a net loss of 31.972 million and an operating loss of 29.679 million. Return on equity is -3.67, and return on assets is -0.40, both significantly below industry norms for a profitable restaurant operator. Gross profit of 171.905 million represents a margin of 75.07% of revenue, but this is insufficient to cover operating expenses, which is a red flag for operational efficiency.

The company's revenue is not segmented by geographic region or business line in the available data, so it is not possible to assess geographic or segment concentration. However, the lack of diversification could pose a risk if the company is overly exposed to a single market or customer base.

Looking ahead, the company is expected to face continued financial pressure, with no clear indication of a turnaround in profitability or cash flow generation. The operating loss and negative free cash flow suggest that the company may need to raise additional capital or restructure its debt in the near term. There is no available data on future revenue growth projections or capital expenditure plans.

The company faces several risk factors, including liquidity constraints and a high debt burden. The risk assessment indicates a medium liquidity risk, with the company's net cash position being negative after subtracting total debt. Dilution risk is currently low, as there is no indication of share issuance or dilution in the near term. However, the company's financial position may deteriorate further, increasing the likelihood of dilution in the future.

There are no recent events or filings disclosed in the available data that would indicate a material change in the company's operations or financial position. The absence of recent disclosures may suggest a lack of transparency or a stable but unremarkable business environment.

Key takeaways

The company is operating at a net loss with negative free cash flow, indicating financial distress.
High debt levels and a weak current ratio suggest liquidity constraints and potential refinancing risks.
Return on equity and return on assets are negative, signaling poor capital efficiency and profitability.
There is no available data on geographic or segment diversification, which could expose the company to concentration risk.
The company may need to raise additional capital or restructure its debt in the near term to remain solvent.

Bull / Bear case

analysis pipeline

— missing data

In focus — financials by report

Valuation

Market price

HK$0,51

Market cap

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Enterprise valueⓘ

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P/Eⓘ

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Non-GAAP P/Eⓘ

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EV / Revenueⓘ

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EV / Op incomeⓘ

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EV / OCFⓘ

—

P / Bⓘ

—

P / Tangible bookⓘ

—

Tangible book

HK$8.7M

Net cashⓘ

-HK$12.0M

Current ratioⓘ

0.8

Debt / equityⓘ

1.4

ROAⓘ

-40.3%

ROEⓘ

-3.7%

Cash conversionⓘ

-23.0%

CapEx / revenueⓘ

-0.6%

SBC / revenueⓘ

—

Dilution ratioⓘ

0.0%

Revenue by segment

Business relationships

— missing data

Supply chain

— missing data

Peer comparison

— missing data

Market position

Stress test

— missing data

Predictor forecast

Options

— missing data

Short squeeze

— missing data

Earnings-call key lines

— missing data

Estimate revisions

consensus EPS · 26-week trend

— missing data

Sell-side observations

— missing data

Themes

— missing data

ESG

— missing data

Risk factors

Dilution riskLow

Liquidity riskMedium

Filing-based flags

Net cash is negative after subtracting total debt.

Benchmarks vs cohort

Op Margin-13,0 %Bottom quartile

Net Margin-14,1 %Bottom quartile

ROE-367,5 %Bottom quartile

Capex / Rev-0,6 %Above P75

D/E1,38Below median

Cash Conv-0,23Bottom quartile

Corporate actions / M&A

— missing data

FX exposure

— missing data

Comparable transactions

— missing data

Derivatives & instruments

— missing data

Actions

Set alert Open in charts

Ask Handelsavisen

— missing data

Data sources

Market data
Market data cache
Issuer disclosures
Public news
Earnings transcripts
Consensus estimates
ESG data

How metrics are computed

Dilution Ratio
(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
Net Cash
cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
Capex To Revenue
capital_expenditure / revenue
Return On Equity
net_income / total_equity
Debt To Equity
(short_term_debt + long_term_debt) / total_equity
Cash Conversion Ratio
operating_cash_flow / net_income

Source documents

1703.HK Market data — financials · 2026-05-26

Ownership & reference

Insider activity

— missing data

Short positioning

— missing data

Geographic breakdown

— missing data

Listings · one canonical issuer all listings resolve to the canonical

1703.HKCanonical

HKEX · HKD

Intel & risk

peak dispatch · —

OSINT findings

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Evidence & claims

From filings & derived data

— missing data

The Thread

Everything we know, in order

— missing data

Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage

At a glance

What drives this business

News & coverage

Sector rotation

Developing storylines

Analysis

Opportunity

Upcoming catalysts

Pre-earnings brief

Signals & dispatch

Composite-score breakdown

Synthesis

Bull / Bear case

In focus — financials by report

Valuation

Revenue by segment

Market share

Business relationships

Supply chain

Peer comparison

Market position

Stress test

Predictor forecast

Options

Short squeeze

Earnings-call key lines

Estimate revisions

Sell-side observations

Themes

ESG

Risk factors

Benchmarks vs cohort

Corporate actions / M&A

FX exposure

Comparable transactions

Derivatives & instruments

Actions

Ask Handelsavisen

Ownership & reference

Insider activity

Short positioning

Geographic breakdown

Intel & risk

Evidence & claims

The Thread