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China Tangshang Holdings Limited.
(0674)
China Tangshang Holdings Limited. (0674) vs. iShares MSCI Hong Kong ETF (EWH)
China Tangshang Holdings Limited. Business Overview & Revenue Model
China Tangshang Holdings Limited. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 468.06M | 580.82M | 877.47M | 650.77M | 256.89M | 56.16M |
| Gross Profit | 4.64M | 110.53M | 103.96M | 182.16M | 101.27M | 31.91M |
| EBITDA | -199.57M | -80.26M | -130.82M | 157.46M | 64.42M | -24.04M |
| Net Income | -298.44M | -89.06M | -115.06M | 30.37M | 8.02M | -13.35M |
Balance Sheet | ||||||
| Total Assets | 2.79B | 2.30B | 3.12B | 4.29B | 1.96B | 1.90B |
| Cash, Cash Equivalents and Short-Term Investments | 129.82M | 39.08M | 152.66M | 409.35M | 144.76M | 61.59M |
| Total Debt | 610.41M | 497.92M | 619.03M | 652.36M | 639.11M | 839.46M |
| Total Liabilities | 1.93B | 1.47B | 2.21B | 3.25B | 1.36B | 1.33B |
| Stockholders Equity | 628.84M | 570.64M | 665.52M | 801.83M | 386.46M | 364.95M |
Cash Flow | ||||||
| Free Cash Flow | -56.40M | -16.34M | -221.84M | 357.21M | 354.86M | -38.03M |
| Operating Cash Flow | -56.40M | -16.34M | -221.84M | 357.21M | 355.10M | -31.18M |
| Investing Cash Flow | 25.78M | 1.10K | 25.66M | 69.54M | 6.77M | -236.51M |
| Financing Cash Flow | -66.12M | -86.54M | -59.97M | -154.35M | -280.89M | 174.79M |
China Tangshang Holdings Limited. Technical Analysis
China Tangshang Holdings Limited. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | HK$459.95M | 5.27 | 14.22% | ― | 5.20% | -21.61% | |
75 Outperform | HK$406.70M | 3.90 | 8.37% | 5.04% | -14.98% | -39.71% | |
73 Outperform | 15.24B | 17.88 | 15.37% | 3.83% | 8.25% | 25.93% | |
57 Neutral | HK$385.52M | 5.21 | -1.62% | 10.00% | 7.48% | -118.08% | |
49 Neutral | HK$441.60M | 143.75 | 0.77% | ― | -7.55% | -75.00% | |
41 Neutral | HK$294.85M | ― | -16.08% | ― | -33.03% | 22.62% | |
| ― | HK$363.33M | 2.81 | ― | ― | ― |
China Tangshang Holdings Limited. Corporate Events
China Tangshang Holdings Limited reported its financial results for the year ending March 31, 2025, showing a significant decrease in revenue from HK$877.5 million in 2024 to HK$580.8 million in 2025. The company also recorded a comprehensive loss of HK$80.6 million, compared to a loss of HK$137.9 million the previous year. This financial performance reflects ongoing challenges in the market, impacting the company’s profitability and operational stability.
China Tangshang Holdings Limited has announced the composition of its board of directors and their respective roles within the company. The board consists of executive directors including Mr. Chen Weiwu as Chairman, Mr. Zhou Houjie, and Mr. Jiang Ruowenhao as Acting Chief Executive Officer, as well as independent non-executive directors Mr. Chen Youchun, Ms. Lui Mei Ka, and Mr. Zhou Xin. This announcement outlines the membership of the board committees, which include the Audit, Remuneration, and Nomination Committees, highlighting the leadership and governance structure of the company.
China Tangshang Holdings Limited has amended and adopted the terms of reference for its Nomination Committee, which is responsible for reviewing the structure and diversity of the Board, identifying qualified individuals for Board membership, and assessing the independence of non-executive directors. The Committee will also develop policies for Board diversity and director nominations, and make recommendations for director appointments and succession planning. This move is expected to enhance the governance framework of the company by ensuring a diverse and strategically aligned Board, potentially impacting the company’s strategic direction and stakeholder confidence.
China Tangshang Holdings Limited has announced the appointment of Ms. Lui Mei Ka as a member of its Nomination Committee, effective June 24, 2025. This change aligns with upcoming amendments to the Listing Rules and Corporate Governance Code, aiming to enhance the committee’s effectiveness and diversity, thereby strengthening the company’s overall corporate governance practices.
China Tangshang Holdings Limited has issued a profit warning, indicating an expected loss of approximately HK$70.0 million to HK$75.0 million for the fiscal year ending March 31, 2025, a reduction from the previous year’s loss of HK$113.5 million. The anticipated loss is attributed to a sluggish property development market, lower income and profit margins, asset impairment provisions, and changes in the fair value of investment properties. The company is finalizing its annual results, which will be disclosed by the end of June 2025.
China Tangshang Holdings Limited has announced the establishment of a new subsidiary, TS Travel Limited, to capitalize on the growing inbound Chinese tourism market. This strategic move is part of the company’s efforts to diversify its business amid challenges in the property market, using tourism as a new growth engine. By integrating travel services, the company aims to enhance its real estate portfolio, increase the value of its retail and hospitality properties, and unlock opportunities for future residential projects.
China Tangshang Holdings Limited has scheduled a board meeting on June 26, 2025, to review and approve the final financial results for the year ending March 31, 2025, and to decide on the final dividend. This meeting is crucial for stakeholders as it will provide insights into the company’s financial health and potential returns on investment.