Tian Teck Land Limited (0266) AI Stock Analysis

• Market Cap: HK$996.94M
• Dividend Yield: 7.62%
• Average Volume (3M): 41.51K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.07
• Revenue Growth: 0.09%
• EPS Growth: -266.18%
• Country: HK
• Employees: 38
• Sector: Real Estate
• Sector Strength: 57
• Industry: Real Estate - Services
• EPS (TTM): -0.09
• Shares Outstanding: 474,731,840
• 10 Day Avg. Volume: 10,253
• 30 Day Avg. Volume: 41,509
• PEG Ratio: 0.01
• Price to Book (P/B): 0.25
• Price to Sales (P/S): 3.20
• P/FCF Ratio: 7.13
• 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: HK$2.00
• Price Target Upside: -6.98% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 51 Neutral
• Price Target: HK$2.00 ▼(-6.98% Downside)

The overall stock score of 51 reflects a company with mixed financial performance and technical indicators. The strong equity position and high dividend yield are positive aspects, but the negative profitability and valuation metrics are significant concerns. The technical analysis suggests a neutral to slightly bearish trend, which aligns with the company's current financial challenges.

Positive Factors

Strong Equity Position

A strong equity position with low debt enhances financial stability, providing a solid foundation for future growth and resilience against market fluctuations.

Efficient Cash Generation

Efficient cash generation relative to earnings ensures the company can fund operations and investments without relying heavily on external financing.

Revenue Growth

Recent revenue growth indicates a potential recovery and expansion in market reach, which could lead to improved financial performance if sustained.

Negative Factors

Negative Profit Margins

Negative profit margins highlight the company's struggle to convert revenue into profit, which could hinder long-term financial health and investor confidence.

Operational Inefficiencies

Operational inefficiencies, as seen in negative EBIT and EBITDA margins, suggest the need for cost management improvements to enhance profitability.

Decline in Free Cash Flow Growth

A decline in free cash flow growth could limit the company's ability to invest in new projects and reduce financial flexibility, impacting future growth prospects.

Tian Teck Land Limited Business Overview & Revenue Model

Company Description

Tian Teck Land Limited (0266) is a property investment and development company based in Hong Kong. The firm primarily focuses on the real estate sector, engaging in the acquisition, development, and management of residential and commercial properties. With a portfolio that includes various property types, Tian Teck Land aims to capitalize on the growing demand for quality real estate in urban areas, leveraging strategic locations and market trends to enhance its offerings.

How the Company Makes Money

Tian Teck Land Limited generates revenue primarily through the sale and leasing of its developed properties. The company's revenue model is driven by its real estate development projects, where it earns from selling residential units and leasing commercial properties. Key revenue streams include rental income from long-term leases, proceeds from property sales, and potential income from joint ventures or collaborations with other developers. Additionally, the company's strategic partnerships with local contractors and real estate agencies play a crucial role in optimizing its project execution and market reach, further contributing to its overall earnings.

Tian Teck Land Limited Financial Statement Overview

Summary

Tian Teck Land Limited has shown significant recovery in net income and profitability in 2024, reflected in improved margins and cash flows. The balance sheet remains robust with low leverage. However, the company has faced substantial fluctuations in earnings and revenues over the past years, suggesting potential volatility in financial performance.

Income Statement

Tian Teck Land Limited has shown fluctuations in revenue, with a decline from 2020 to 2024. Gross profit margin is relatively strong at 68.2%, and net profit margin has significantly improved to 63.6% in 2024 from negative values in previous years. Despite this improvement, the company experienced negative EBIT and EBITDA in previous years, indicating past operational challenges.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.05, demonstrating prudent leverage management. The equity ratio stands at 49.7%, suggesting a stable financial structure. Return on Equity has improved to 4.46% in 2024, showing a recovery from past losses, but remains relatively low, indicating room for profitability enhancement.

Cash Flow

Operating cash flow is strong relative to net income, indicating effective cash management. Free cash flow growth is healthy, with a significant increase in 2024. However, the free cash flow to net income ratio is high due to substantial net income improvements, reflecting volatility in earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	307.50M	308.13M	304.56M	309.88M	310.35M	444.88M
Gross Profit	307.50M	210.73M	207.69M	222.16M	219.28M	348.52M
EBITDA	100.43M	-561.46M	195.24M	-910.98M	-703.13M	-1.04B
Net Income	-317.46M	-321.98M	193.73M	-759.35M	-554.02M	-777.62M
Balance Sheet
Total Assets	8.23B	7.99B	8.74B	8.49B	10.19B	11.45B
Cash, Cash Equivalents and Short-Term Investments	656.55M	572.86M	570.58M	511.64M	492.92M	430.92M
Total Debt	201.41M	200.00M	200.00M	200.00M	200.00M	200.00M
Total Liabilities	573.86M	473.29M	471.28M	460.89M	493.66M	493.61M
Stockholders Equity	4.02B	3.95B	4.35B	4.22B	5.04B	5.67B
Cash Flow
Free Cash Flow	160.76M	138.46M	185.84M	137.73M	188.16M	148.88M
Operating Cash Flow	161.29M	141.27M	187.57M	142.66M	190.50M	150.59M
Investing Cash Flow	26.71M	22.19M	24.61M	-3.25M	18.74M	-11.93M
Financing Cash Flow	-277.74M	-161.17M	-153.14M	-120.58M	-147.27M	-188.06M

Tian Teck Land Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0266, the sentiment is Positive. The current price of 2.15 is above the 20-day moving average (MA) of 2.06, above the 50-day MA of 2.09, and above the 200-day MA of 2.01, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 72.24 is Negative, neither overbought nor oversold. The STOCH value of 56.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0266.

Tian Teck Land Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2270	66 Neutral	HK$1.84B	46.91	11.60%	―	21.08%	-18.26%
Sector *	63 Neutral	$7.15B	13.09	-0.31%	6.85%	4.03%	-25.34%
0225	62 Neutral	HK$622.51M	―	-10.79%	6.37%	-4.53%	-22.06%
0089	52 Neutral	HK$604.11M	―	-4.58%	3.81%	-4.31%	19.29%
0266	51 Neutral	HK$996.94M	―	-7.76%	7.62%	0.09%	-266.18%
0224	46 Neutral	HK$727.04M	―	-2.19%	2.17%	-3.83%	-187.68%
0277	42 Neutral	HK$460.21M	―	-2.14%	1.02%	-7.37%	-456.37%