Tingyi (Cayman Islands) Holding Corp. (TYCMY)
Tingyi (Cayman Islands) Holding Corp. operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Shanghai, SH, CN. The stock last traded at $31.08, up 5.28% on the session, giving a market capitalisation of $8.76B. On trailing twelve-month figures it carries a trailing P/E of 13.19, a net margin of 5.7%. Its beta of 0.08 implies it has historically moved less than the broad market.
Tingyi (Cayman Islands) Holding Corp., an investment holding entity, specializes in the production and marketing of instant noodles, various beverages, and convenience food items throughout the People's Republic of China. Its business operations are primarily divided into Instant Noodles, Beverages, and an 'Others' segment. The diverse beverage portfolio encompasses ready-to-drink teas, juices, milk tea, bottled water, carbonated soft drinks, and a range of coffee, functional, and probiotic beverages. Beyond its core food and drink lines, the corporation extends its activities to include property rental and management, logistics, and other support services. Furthermore, it produces and markets meat and bakery goods. As of December 31, 2021, the company maintained an extensive distribution network of 340 sales offices and 341 warehouses, supplying 80,726 wholesalers and 256,567 direct retailers. Founded in 1992, Tingyi (Cayman Islands) Holding Corp. is headquartered in Shanghai, People's Republic of China.
Tingyi (Cayman Islands) Holding Corp. is most often compared with the following Consumer Defensive names: