Tearsheet

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Weak multi-year price returns
2Y Excs Rtn is -107%, 3Y Excs Rtn is -147%
Penny stock
Mkt Price is 0.6
1  High stock price volatility
Vol 12M is 326%
2  Key risks
CCHH key risks include [1] an over-reliance on legacy cloud fax technology that is susceptible to obsolescence, Show more.
0 Weak multi-year price returns
2Y Excs Rtn is -107%, 3Y Excs Rtn is -147%
1 Penny stock
Mkt Price is 0.6
2 High stock price volatility
Vol 12M is 326%
3 Key risks
CCHH key risks include [1] an over-reliance on legacy cloud fax technology that is susceptible to obsolescence, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

CCH (CCHH) stock has lost about 95% since 11/30/2025 because of the following key factors:

1. Significant Share Dilution Post-IPO. CCH Holdings experienced a dramatic 84.19% price drop to US$2.39 by December 12, 2025, following the full exercise of an over-allotment option in its Initial Public Offering. This occurred after the IPO was priced at US$4.00 per share in October 2025, reflecting significant investor concerns regarding dilution.

2. Deteriorating Financial Performance. The company demonstrated poor financial health, with earnings declining at an average annual rate of 40.8% and revenues decreasing by an average of 2.2% per year. Its net profit margins also declined from 6.8% to 4.1%. In the half year ended June 30, 2025, CCH Holdings reported a net loss of USD 0.034724 million, a significant decline from a net income of USD 0.500274 million in the prior year.

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Stock Movement Drivers

Fundamental Drivers

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Market Drivers

11/30/2025 to 3/29/2026
ReturnCorrelation
CCHH-93.9% 
Market (SPY)-5.3%20.1%
Sector (XLY)-10.4%-3.4%

Fundamental Drivers

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Market Drivers

8/31/2025 to 3/29/2026
ReturnCorrelation
CCHH  
Market (SPY)0.6%6.8%
Sector (XLY)-8.5%-8.7%

Fundamental Drivers

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Market Drivers

2/28/2025 to 3/29/2026
ReturnCorrelation
CCHH  
Market (SPY)9.8%6.8%
Sector (XLY)-1.3%-8.7%

Fundamental Drivers

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Market Drivers

2/28/2023 to 3/29/2026
ReturnCorrelation
CCHH  
Market (SPY)69.4%6.8%
Sector (XLY)49.0%-8.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CCHH Return-----88%21%-86%
Peers Return87%-31%10%-8%-44%9%-20%
S&P 500 Return27%-19%24%23%16%-5%72%

Monthly Win Rates [3]
CCHH Win Rate----67%67% 
Peers Win Rate58%29%49%45%35%53% 
S&P 500 Win Rate75%42%67%75%67%33% 

Max Drawdowns [4]
CCHH Max Drawdown-----89%-26% 
Peers Max Drawdown-13%-45%-23%-33%-51%-13% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-5% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: GENK, KRUS, PTLO, LOCO, PLAY.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)

How Low Can It Go

CCHH has limited trading history. Below is the Consumer Discretionary sector ETF (XLY) in its place.

Unique KeyEventXLYS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-40.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven67.4%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven680 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-33.9%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven51.3%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven82 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-21.9%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven28.1%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven105 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-60.1%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven150.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven779 days1,480 days

Compare to GENK, KRUS, PTLO, LOCO, PLAY

In The Past

SPDR Select Sector Fund's stock fell -40.3% during the 2022 Inflation Shock from a high on 11/19/2021. A -40.3% loss requires a 67.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About CCH (CCHH)

We are one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. With roots in George Town, Penang, Malaysia since 2015, we have become a top player in the specialty hotpot market in Malaysia. Our principal executive offices are located in Pulau Pinang, Malaysia.

AI Analysis | Feedback

Here are 1-2 brief analogies for CCH (CCHH):

  • A Malaysian version of P.F. Chang's, but focused entirely on specialty hotpot.
  • The Chipotle for Malaysian hotpot.

AI Analysis | Feedback

  • Chicken Hotpot: A signature hotpot dish featuring chicken as the main protein.
  • Fish Head Hotpot: A specialty hotpot dish primarily featuring fish heads.

AI Analysis | Feedback

CCH (symbol: CCHH) is a specialty hotpot restaurant chain. As such, it sells primarily to individuals rather than other companies. The company serves the following categories of customers:

  1. Individual Diners and Families: Local residents and families seeking a dining experience specializing in chicken hotpot and fish head hotpot.
  2. Social Gatherings and Groups: Friends, colleagues, and other groups looking for a communal dining experience often associated with hotpot.
  3. Tourists and Visitors: Domestic and international tourists visiting George Town, Penang, seeking local culinary experiences, including specialty hotpot.

AI Analysis | Feedback

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AI Analysis | Feedback

Goh Kok Foong, Chairman of the Board and Chief Executive Officer

Mr. Goh Kok Foong is the founder of CCH Holdings Ltd, established in 2015, and also co-founded STCH Holding in 2019 with his brother, Mr. Goh Kok E. He has over 15 years of experience in the food, beverage, and logistics sectors across Southeast Asia. He has served as the Chief Executive Officer of Hong Woi Tat Trading Sdn. Bhd., a global logistics and shipping firm, since 2018. From 2009 to 2014, he was an executive director of Kopitan Classic Sdn. Bhd., where he co-founded a modern kopitiam chain.

Kean Ming Benjamin Yap, Chief Financial Officer

Mr. Benjamin Yap Kean Ming has served as the Chief Financial Officer of CCH Holdings Ltd since March 2025. He possesses extensive experience in multinational companies across various sectors, including manufacturing, food production, fast-moving consumer goods, wholesale, retail, logistics, property development, and plantation. Prior to joining CCH Holdings, he was the Chief Financial Officer at United Oil Palm Group for three years, where he oversaw the group's accounts and finance functions in preparation for its initial public listing in the U.S. His career also includes roles at Ernst & Young, Fujikura Federal Cables Sdn. Bhd., Kerry Ingredients (M) Sdn. Bhd., Keluarga Group, and Aspen Group.

Goh Kok E, Director and Chief Operating Officer

Mr. Goh Kok E is the Chief Operating Officer and a director of the Company, and has over 15 years of experience in conceptualizing, scaling, and managing successful food and beverage brands across Malaysia and Southeast Asia. He co-founded STCH Holding with his brother, Mr. Goh Kok Foong, in 2019, and serves as its chief executive officer. From 2009 to 2014, Mr. Goh Kok E held the position of managing director and chief executive officer at Kopitan Classic.

Wai Kong Wu, Independent Director

Mr. Wai Kong Wu is an independent director. He has experience in food manufacturing, food trading, and property management. Since 2019, he has been an executive director of Kanger International Berhad, a Malaysian public company specializing in property development, construction, and the trading of building materials. He has also served as the chief executive officer of Larq Holding Sdn Bhd, an investment holding company focusing on property development, food and beverages, and aquaculture sectors, since 2022.

Yah Ling Ng, Independent Director

Ms. Yah Ling Ng is an independent director. She has been a Director at Premier Accountancy Services Sdn. Bhd. since 2013. She is a member of the Malaysian Institute of Accountants and the Malaysian Association of Company Secretaries.

AI Analysis | Feedback

The specialty hotpot restaurant chain CCH (symbol: CCHH) faces several key risks, primarily related to its status as a publicly traded company and its ambitious expansion plans.

  1. NASDAQ Delisting Risk
    CCHH is at risk of being delisted from NASDAQ due to its share price falling below the minimum $1.00 bid price requirement. The company received a notice of non-compliance and has a 180-day period, expiring on August 3, 2026, to regain compliance. Failure to meet this requirement could lead to delisting.
  2. High Volatility and Low Liquidity
    As a nanocap/microcap company with a low public float (approximately 1.3 to 1.4 million shares outstanding), CCHH's stock is highly volatile and has low liquidity. This makes the stock susceptible to significant price swings and challenges for investors to buy or sell shares without impacting the price. This market structure also leaves it open to retail speculation.
  3. Execution Risk of Ambitious Expansion Plans and Negative Cash Flow
    Despite reporting a net loss in the first half of 2025 and being cash flow negative in both 2023 and 2024, CCHH has ambitious global expansion plans, including opening a flagship restaurant in Midtown Manhattan and building a manufacturing plant in Africa. These plans are considered to carry substantial execution risk, especially for a small company with limited capital and existing financial challenges.

AI Analysis | Feedback

The emergence of specialized hotpot meal kit delivery services and ghost kitchens in Malaysia.

AI Analysis | Feedback

The addressable market for CCH (CCHH), a specialty hotpot restaurant chain, can be contextualized within the broader Malaysian foodservice market. The Malaysian foodservice market was valued at approximately USD 14.75 billion in 2025. This market is projected to grow to USD 27.5 billion by 2030 or USD 30.74 billion by 2031. Within the Malaysian foodservice market, full-service restaurants, which include establishments like CCH, held a leading revenue share of 34.02% in 2025. Therefore, the addressable market for full-service restaurants in Malaysia, based on the 2025 valuation, is approximately USD 5.02 billion (34.02% of USD 14.75 billion). This figure represents the market size for the region of Malaysia.

AI Analysis | Feedback

CCH Holdings Ltd (NASDAQ: CCHH), a leading specialty hotpot restaurant chain based in Malaysia, is poised for future revenue growth over the next two to three years through several strategic initiatives.

Key drivers of this anticipated growth include:

  • Strategic Acquisitions within Malaysia: CCH Holdings plans to acquire multiple Malaysia-based restaurant groups during the first half of 2026. These acquisitions include three additional outlets of the Sichuan cuisine franchise Banbudian Bistro, thirteen outlets of the Chaoshan-style hotpot chain Chao Liu Xian Hotpot, and four franchised outlets of its existing Chicken Claypot House brand. These moves are expected to diversify the company's offerings and enhance its revenue and overall performance.
  • International Market Expansion to the U.S. and Africa: The company is set to expand its global footprint by opening its first U.S. location, a Chicken Claypot House restaurant, in midtown Manhattan in the second half of 2026. Additionally, CCH Holdings intends to establish an Africa-based factory in the second half of 2026. This factory will produce instant noodles and sauce for distribution in Africa, Europe, and the U.S., marking a significant step towards internationalizing its product line and creating new revenue streams.
  • Introduction of New Brands and Business Ventures in Malaysia: CCH Holdings plans to launch new ventures in its home market. This includes the introduction of a new hotpot restaurant brand, Foong Hotpot & Bistro, in the first quarter of 2026, and the opening of a new bakery shop, 6 Mil Bakery, in the first half of 2026, both located in Johor Bahru, Malaysia. These new brands aim to further diversify the company's product offerings and are anticipated to significantly improve revenue, margins, and bottom-line performance.
  • Growth through an Asset-Light Franchising Model: CCH Holdings utilizes a business model that incorporates both company-owned and franchised restaurant outlets. The franchising model allows the company to scale its operations and expand its brand presence with reduced capital expenditure, as franchisees typically bear the costs of build-out, leases, and staffing, while CCH Holdings collects licensing fees and a percentage of revenue. This strategy, exemplified by the planned acquisition of additional Chicken Claypot House franchised outlets, is expected to continue contributing to revenue growth through recurring fees and broader market penetration.

AI Analysis | Feedback

The following summarizes CCH Holdings Ltd.'s capital allocation decisions over the last 3-5 years:

Share Issuance

  • CCH Holdings Ltd. completed its Initial Public Offering (IPO) on October 3, 2025, offering 1,250,000 ordinary shares at $4.00 per share, which generated gross proceeds of $5 million.
  • The underwriters fully exercised an over-allotment option on October 17, 2025, purchasing an additional 187,500 ordinary shares for $750,000 in gross proceeds, bringing the total gross proceeds from the IPO to $5.75 million and the total shares sold to 1,437,500.

Outbound Investments

  • The company intends to use proceeds from its IPO for strategic investments or acquisitions and brand building.
  • CCH Holdings has announced plans for multiple acquisitions, new business ventures, and international expansion in 2026, including expansion into the U.S. and Africa.
  • Anticipated acquisitions in the first half of 2026 include three Malaysia-based restaurant groups: three Banbudian Bistro outlets, thirteen Chao Liu Xian Hotpot outlets, and four franchised Chicken Claypot House outlets not previously part of the listed group.

Capital Expenditures

  • Capital expenditures for the last 12 months were approximately -$157,576.
  • A portion of the IPO proceeds is planned for the expansion of the company's restaurant network.

Trade Ideas

Select ideas related to CCHH.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MBLY_2272026_Dip_Buyer_HighCashEquity_ExInd02272026MBLYMobileye GlobalDip BuyDB | Cash/EquityDip Buyer with High Net Cash % Equity
Buying dips for companies with significant net cash as a % of market cap along with meaningful cash flow generation
0.0%0.0%0.0%
SAH_2202026_Insider_Buying_GTE_1Mil_EBITp+DE_V202202026SAHSonic AutomotiveInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
-5.9%-5.9%-6.1%
MAT_2132026_Insider_Buying_GTE_1Mil_EBITp+DE_V202132026MATMattelInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
2.9%2.9%0.0%
SONO_2132026_Insider_Buying_GTE_1Mil_EBITp+DE_V202132026SONOSonosInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
-0.7%-0.7%-4.6%
DECK_2062026_Dip_Buyer_ValueBuy02062026DECKDeckers OutdoorDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
1.6%1.6%-0.8%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

CCHHGENKKRUSPTLOLOCOPLAYMedian
NameCCH GEN Rest.Kura Sus.PortillosEl Pollo.Dave & B. 
Mkt Price0.641.9066.065.1813.819.817.50
Mkt Cap-0.00.80.40.40.30.4
Rev LTM-2172927324902,108490
Op Inc LTM--0-7514216542
FCF LTM--19-29-1925-196-19
FCF 3Y Avg--4-27-924-82-9
CFO LTM-1121724829748
CFO 3Y Avg-1819804533645

Growth & Margins

CCHHGENKKRUSPTLOLOCOPLAYMedian
NameCCH GEN Rest.Kura Sus.PortillosEl Pollo.Dave & B. 
Rev Chg LTM-9.4%16.3%3.0%3.6%-4.1%3.6%
Rev Chg 3Y Avg-10.5%24.8%7.8%1.4%7.2%7.8%
Rev Chg Q-2.7%14.0%0.6%8.1%-1.1%2.7%
QoQ Delta Rev Chg LTM-0.6%3.2%0.2%1.9%-0.2%0.6%
Op Mgn LTM--0.2%-2.4%7.0%8.6%7.8%7.0%
Op Mgn 3Y Avg-4.1%-2.0%8.5%8.4%11.7%8.4%
QoQ Delta Op Mgn LTM--1.8%-0.7%-0.6%0.1%-1.1%-0.7%
CFO/Rev LTM-5.1%7.2%9.8%9.8%14.1%9.8%
CFO/Rev 3Y Avg-9.3%8.1%11.3%9.5%15.6%9.5%
FCF/Rev LTM--8.5%-9.9%-2.5%5.2%-9.3%-8.5%
FCF/Rev 3Y Avg--1.6%-10.8%-1.2%5.1%-3.8%-1.6%

Valuation

CCHHGENKKRUSPTLOLOCOPLAYMedian
NameCCH GEN Rest.Kura Sus.PortillosEl Pollo.Dave & B. 
Mkt Cap-0.00.80.40.40.30.4
P/S-0.02.70.50.80.20.5
P/EBIT--1.2-213.07.99.62.52.5
P/E--7.5-199.919.315.31,129.115.3
P/CFO-0.938.35.28.41.15.2
Total Yield-3.5%-0.5%5.2%6.5%0.1%3.5%
Dividend Yield-16.8%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg--48.9%-3.3%-2.0%7.8%-15.0%-3.3%
D/E-17.60.21.80.69.41.8
Net D/E-17.10.21.70.69.41.7

Returns

CCHHGENKKRUSPTLOLOCOPLAYMedian
NameCCH GEN Rest.Kura Sus.PortillosEl Pollo.Dave & B. 
1M Rtn30.6%-1.0%-6.2%-3.0%24.9%-33.4%-2.0%
3M Rtn26.3%-21.2%17.0%10.0%27.0%-40.0%13.5%
6M Rtn-85.6%-35.2%6.6%-18.0%38.0%-49.0%-26.6%
12M Rtn-85.6%-65.7%28.0%-56.5%31.4%-48.0%-52.2%
3Y Rtn-85.6%-87.5%0.7%-75.4%49.9%-73.1%-74.3%
1M Excs Rtn33.3%4.8%0.9%2.3%31.8%-28.9%3.5%
3M Excs Rtn28.9%-13.7%27.2%17.4%36.8%-31.5%22.3%
6M Excs Rtn-82.0%-32.9%9.7%-14.2%42.9%-45.1%-23.5%
12M Excs Rtn-97.1%-78.0%9.9%-69.3%19.5%-61.8%-65.5%
3Y Excs Rtn-147.4%-149.3%-59.3%-136.7%-35.0%-134.6%-135.6%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2024
Restaurant operations10
Total10


Short Interest

Short Interest: As Of Date3132026
Short Interest: Shares Quantity0.1 Mil
Short Interest: % Change Since 2282026-24.2%
Average Daily Volume5.5 Mil
Days-to-Cover Short Interest1

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202512/16/20256-K
12/31/202410/06/2025424B4