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6603.HK HKEX Non-Alcoholic Beverages

6603.Hk

HK$8,34
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Mcap
P/E
EV / Rev
Div yield
1,96 %
Op margin
17,2 %
ROE
13,3 %
Net margin
12,9 %
Debt / equity
0,01
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

The company operates in the non-alcoholic beverages industry, producing and selling a range of beverage products to consumers and retailers.

Business. The company operates in the non-alcoholic beverages industry, producing and selling a range of beverage products to consumers and retailers.

Classification92 %
SectorConsumer Non-Cyclicals
Business sectorFood & Beverages
IndustryNon-Alcoholic Beverages
ActivityFood & Beverages
Generated · model-assisted
Sell-side consensus
BUY4 analysts
4 buy0 hold0 sell
Avg 12m price target19,40

Analyst recommendations

4 analysts · consensus Buy
Buy4
Hold0
Sell0
12-month price target
19,40
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
4 analysts · indicative
Ownership
not yet wired
Profitability
13,3 %
return on equity
Quality
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

0
  • No recent newsroom coverage mentioning 6603.
  • 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+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples · THIS SECTOR−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 6603.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

    The company operates in the non-alcoholic beverages industry, producing and selling a range of beverage products to consumers and retailers.

    Classification92 %
    SectorConsumer Non-Cyclicals
    Business sectorFood & Beverages
    IndustryNon-Alcoholic Beverages
    ActivityFood & Beverages
    AI synthesis
    GENERATED

    The company maintains a strong liquidity position, with a current ratio of 6.88, indicating a significant ability to meet short-term obligations. However, the free cash flow is negative at -18.30 million USD, which may signal reinvestment in the business or operational inefficiencies. The debt-to-equity ratio is low at 0.01, suggesting minimal leverage and a conservative capital structure.

    Profitability metrics show a return on equity of 13.33% and a return on assets of 11.38%, both of which are strong indicators of efficient use of equity and assets. The operating margin is 17.22% (calculated as operating income of 30.38 million USD divided by revenue of 176.399 million USD), which is a key performance indicator for the industry. These metrics suggest the company is performing well in terms of profitability compared to industry standards.

    The company's revenue is primarily concentrated in its core beverage products, with no significant geographic diversification disclosed. The financial data does not provide specific segment or geographic revenue breakdowns, but the company's operations are likely centered in its primary market.

    The company's growth trajectory is positive, with a revenue of 176.399 million USD. While the outlook for the current fiscal year is not explicitly provided, the company's strong profitability and liquidity position suggest a stable growth path. The capital expenditure of -465,000 USD indicates minimal investment in new assets, which may be a strategic decision to maintain cash reserves.

    The risk assessment indicates a medium liquidity risk and a low dilution risk. The key flag of negative net cash after subtracting total debt suggests potential liquidity constraints. However, the low dilution risk implies that the company is not likely to issue additional shares in the near term, which is a positive sign for existing shareholders.

    Recent events and filings do not provide specific details, but the company's financial health and strong analyst recommendations suggest a stable and well-managed business. The mean price target of 19.40 USD and the strong buy recommendation from one analyst indicate positive sentiment among market participants.

    Key takeaways
    • The company has a strong liquidity position with a current ratio of 6.88.
    • Profitability is robust, with a return on equity of 13.33% and a return on assets of 11.38%.
    • The company maintains a conservative capital structure with a low debt-to-equity ratio of 0.01.
    • Analysts have a positive outlook, with a mean price target of 19.40 USD and a mean recommendation of 1.75.
    • The company's free cash flow is negative, indicating potential reinvestment or operational inefficiencies.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$8,34
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    HK$170.8M
    Net cash
    -HK$1.4M
    Current ratio
    6.9
    Debt / equity
    0.0
    ROA
    11.4%
    ROE
    13.3%
    Cash conversion
    54.0%
    CapEx / revenue
    -0.3%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,13
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    4
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-07 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate0,13
    Revenueno estimateno estimate210,6M USD
    Operating incomeno estimateno estimate36,5M USD
    Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution4 analysts
    Strong buy1
    Buy3
    Hold0
    Sell0
    Strong sell0
    12-month price targetHK$19,40 · Median HK$19,40
    Low HK$16,80High HK$22,00
    Operating income · consensus36,5M USD
    EPS surprise
    −27,1 %
    reported vs consensus · miss
    Revenue surprise
    −16,3 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowHK$16,80
    MeanHK$19,40
    MedianHK$19,40
    HighHK$22,00
    SpotHK$8,34
    +132.6 %implied to mean12-month sell-side price targets · ▲ spot

    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 Margin17,2 %Above P75
    Net Margin12,9 %Above P75
    ROE13,3 %Above P75
    Capex / Rev-0,3 %Above P75
    D/E0,01Above median
    Cash Conv0,54Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    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
    • 6603.HK Market data — financials · 2026-05-27
    • IFBH Ltd Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    6603.HKCanonical
    HKEX · HKD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    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
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    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