Tian An China Investments Co (0028) AI Stock Analysis

• Market Cap: HK$6.67B
• Dividend Yield: 2.21%
• Average Volume (3M): 71.78K
• Price to Earnings (P/E): 3.2
• Beta (1Y): 0.41
• Revenue Growth: 216.43%
• EPS Growth: 186.77%
• Country: HK
• Employees: 3,646
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 1.60
• Shares Outstanding: 1,466,069,500
• 10 Day Avg. Volume: 96,739
• 30 Day Avg. Volume: 71,784
• PEG Ratio: 0.27
• Price to Book (P/B): 0.24
• Price to Sales (P/S): 2.14
• P/FCF Ratio: 1.60
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: HK$4.50 ▼(-1.10% Downside)

The overall stock score of 50 reflects significant financial challenges, including declining revenue and profitability, and weak cash flow performance. Technical analysis indicates bearish momentum, further weighing on the score. However, the low P/E ratio suggests potential undervaluation, providing some balance to the negative factors.

Positive Factors

Conservative Leverage

A conservative leverage position with a low Debt-to-Equity Ratio suggests that the company is not overly reliant on debt, providing financial stability and reducing risk in volatile market conditions.

Stable Capital Structure

A stable capital structure with a solid Equity Ratio indicates that the company has a strong foundation to support its operations and potential growth, enhancing its resilience against economic fluctuations.

Property Management Revenue

Revenue from property management services provides a steady income stream, diversifying the company's revenue base and offering stability against cyclical downturns in property sales.

Negative Factors

Declining Revenue

A significant decline in revenue indicates challenges in market demand or competitive positioning, which could impact the company's ability to fund operations and invest in growth initiatives.

Negative Cash Flow

The absence of positive cash flow suggests liquidity issues, potentially forcing the company to rely on external financing, which could increase financial risk and limit strategic flexibility.

Profitability Challenges

Operating at a loss with a negative Net Profit Margin highlights significant profitability challenges, which could hinder the company's ability to reinvest in its business and sustain long-term growth.

Tian An China Investments Co Business Overview & Revenue Model

Company Description

Tian An China Investments Company Limited, an investment holding company, invests in, develops, and manages properties in the People's Republic of China, Hong Kong, the United Kingdom, and Australia. It operates through Property Development, Property Investment, and Other Operations segments. The company develops apartments, villas, office buildings, and commercial properties. It is also involved in the golf course and club house operations, and hotel management activities. In addition, the company provides property leasing and estate management, car parking space, securities dealing, and money lending services. Tian An China Investments Company Limited was founded in 1986 and is based in Wan Chai, Hong Kong. Tian An China Investments Company Limited operates as a subsidiary of Allied Group Limited.

How the Company Makes Money

Tian An China Investments generates revenue primarily through rental income from its diverse property portfolio, which includes commercial and residential developments. The company also profits from property sales and development projects, capitalizing on the appreciation of real estate values in key markets. Additionally, Tian An engages in strategic partnerships and joint ventures, which can provide access to new markets and investment opportunities, further enhancing its revenue streams. The company's ability to manage and optimize its asset portfolio effectively plays a crucial role in driving its financial performance.

Tian An China Investments Co Financial Statement Overview

Summary

Tian An China Investments Co faces a challenging financial landscape, characterized by declining revenue and profitability, coupled with weak cash flow performance. The company maintains a stable balance sheet with a conservative leverage position, but the negative net income and cash flow issues highlight potential risks. Strategic improvements in revenue generation and cost management are critical to enhancing financial health.

Income Statement

Tian An China Investments Co experienced a decline in revenue and profitability. The Gross Profit Margin for 2024 is approximately 34.7%, while the Net Profit Margin is -6.9%, indicating the company is operating at a loss. Revenue growth shows a negative trend, with a decline of 41% from 2023 to 2024. Both EBIT and EBITDA margins have decreased, with EBIT Margin at 12.1% and EBITDA Margin at 13.7% for 2024. The negative net income suggests significant challenges in maintaining profitability.

Balance Sheet

The Balance Sheet shows a moderate level of stability. The Debt-to-Equity Ratio is 0.31, indicating a conservative leverage position. Return on Equity (ROE) is negative due to the net loss, reflecting poor profitability. Equity Ratio stands at 45.2%, which shows a stable capital structure. Despite the company's challenges, it maintains a solid capital foundation, but profitability issues pose risks.

Cash Flow

Cash flow analysis reveals significant weaknesses. Operating Cash Flow and Free Cash Flow are both zero in 2024, indicating potential liquidity issues. Historical Free Cash Flow growth shows volatility, with a substantial decline from previous years. The absence of positive cash flow generation in recent periods raises concerns about the company's ability to sustain operations without external financing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.13B	3.01B	2.78B	5.09B	2.57B	2.36B
Gross Profit	5.44B	1.04B	880.84M	2.22B	1.39B	923.33M
EBITDA	4.79B	411.71M	1.49B	1.86B	2.38B	877.25M
Net Income	2.06B	-207.08M	1.22B	1.53B	1.43B	618.04M
Balance Sheet
Total Assets	56.08B	58.41B	53.47B	49.25B	47.19B	42.62B
Cash, Cash Equivalents and Short-Term Investments	11.07B	10.68B	8.27B	5.39B	3.85B	5.21B
Total Debt	7.66B	8.07B	7.21B	6.01B	7.56B	6.40B
Total Liabilities	25.35B	30.25B	24.51B	21.74B	18.98B	15.65B
Stockholders Equity	28.95B	26.39B	27.22B	26.88B	27.60B	25.66B
Cash Flow
Free Cash Flow	5.03B	4.03B	1.73B	7.67B	654.45M	-46.99M
Operating Cash Flow	5.21B	4.23B	1.96B	7.69B	709.51M	12.31M
Investing Cash Flow	-1.29B	-186.13M	353.31M	-586.72M	-1.19B	944.00M
Financing Cash Flow	-1.29B	-1.38B	761.90M	-1.81B	-94.54M	665.44M

Tian An China Investments Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.55
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0028, the sentiment is Positive. The current price of 4.55 is below the 20-day moving average (MA) of 4.56, below the 50-day MA of 4.57, and below the 200-day MA of 4.59, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 54.90 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0028.

Tian An China Investments Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
0604	51 Neutral	HK$7.47B	-2.26	-8.73%	10.98%	62.19%	-168.07%
0028	50 Neutral	HK$6.67B	3.24	7.40%	2.21%	216.43%	186.77%
0119	49 Neutral	HK$7.76B	461.36	0.04%	0.98%	22.28%	-98.68%
0173	46 Neutral	HK$6.68B	22.65	0.73%	3.32%	66.68%	-38.14%
0588	45 Neutral	HK$5.80B	-0.62	-41.74%	―	-44.25%	-406.20%
0081	45 Neutral	HK$7.33B	19.29	1.10%	0.50%	-24.86%	-76.06%

Tian An China Investments Co Corporate Events

Tian An China Renews Connected Service Agreements With Allied Group to 2028

Tian An China Investments Co has renewed a series of continuing connected transaction agreements with its controlling shareholder Allied Group Limited and certain non wholly-owned subsidiaries, extending these arrangements for three years from 1 January 2026 to 31 December 2028. Under the 2026 TACI Agreement, the company will continue reimbursing AGL on a cost basis for administrative and management services provided to the group, while similar renewals have been executed for ASL and TAMC. The transactions, aggregated under the Hong Kong Listing Rules, fall within thresholds that require reporting, announcement and annual review, but are exempt from independent shareholders’ approval, with the administrative services sharing fully exempt. These renewals effectively lock in the group’s internal service and cost-sharing framework with its majority shareholder, providing operational continuity while maintaining regulatory compliance on related-party dealings.

The most recent analyst rating on (HK:0028) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Tian An China Investments Co stock, see the HK:0028 Stock Forecast page.