{"url_path":"/sec/mb/10-k/2026/item-11","section_key":"item-11","section_title":"Item 11 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2027265/0001493152-26-023479-index.html","accession_number":"0001493152-26-023479","cik":"0002027265","ticker":"MB","issuer_name":"MASTERBEEF GROUP","edgar_url":"https://www.sec.gov/Archives/edgar/data/2027265/0001493152-26-023479-index.html","primary_entity_key":"0002027265","primary_entity_name":"MASTERBEEF GROUP"},"word_count":304,"has_tables":true,"body_markdown":"**ITEM\n11. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**\n\n \n\n**Credit\nRisk**\n\n \n\nCredit\nrisk is the potential financial loss to our Company resulting from the failure of a customer or a counterparty to settle its financial\nand contractual obligations to our Company, as and when they fall due. As our Company does not hold any collateral, the maximum exposure\nto credit risk is the carrying amounts of trade and other receivables presented on the consolidated statements of financial position.\nOur Company has no other financial assets which carry significant exposure to credit risk.\n\n \n\n**Currency\nRisk**\n\n \n\nCurrency\nrisk refers to the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign\nexchange rate. Our functional currency and presentation currency is the Hong Kong dollar, and almost all of our Operating Subsidiaries’\nrevenues and other expenses are denominated in Hong Kong dollar currency. Management believes that we are not exposed to significant\ncurrency risk.\n\n \n\n**Interest\nRate Risk**\n\n \n\nInterest\nrate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market\ninterest rates. The Group’s exposure to the risk of changes in market interest rates relates primarily to the Group’s cash\ndeposits, bank loans and loans from related companies with floating interest rates.\n\n \n\nAt\nDecember 31, 2025, it is estimated that a general increase or decrease of 100 basis points in interest rates, with all other variables\nheld constant, would decrease or increase the Group’s profit after tax by approximately HK$496,000 (approximately US$64,000).\n\n \n\nAt\nDecember 31, 2024, it is estimated that a general increase or decrease of 100 basis points in interest rates, with all other variables\nheld constant, would decrease or increase the Group’s profit after tax by approximately HK$594,000 (approximately US$76,000) (2023:\napproximately HK$372,000)."}