Tiangong International Co. Ltd. (0826) AI Stock Analysis

• Market Cap: €5.64B
• Dividend Yield: 1.39%
• Average Volume (3M): 23.58M
• Price to Earnings (P/E): 14.9
• Beta (1Y): 0.68
• Revenue Growth: -8.16%
• EPS Growth: -4.12%
• Country: HK
• Employees: 3,527
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Steel
• EPS (TTM): 0.07
• Shares Outstanding: 2,725,000,000
• 10 Day Avg. Volume: 39,852,800
• 30 Day Avg. Volume: 23,582,066
• PEG Ratio: 1.71
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 156.72
• 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

• Rating: 65 Neutral
• Price Target: HK$2.00 ▼(-5.21%Downside)

The company's strong balance sheet and operational efficiency are key strengths, reflected in a solid financial performance score. Technical analysis indicates a stable market position with potential for growth. However, challenges in cash flow management and moderate valuation weigh down the overall score.

Tiangong International Co. Ltd. Business Overview & Revenue Model

Company Description

Tiangong International Company Limited produces and sells die steel (DS), high speed steel (HSS), cutting tools, and titanium alloys. The company operates in five segments: DS, HSS, Cutting Tools, Titanium Alloy, and Trading of Goods. It researches, develops, manufactures, distributes, and sale of high speed and die steel related products, titanium related products, and carbide cutting tools related products. The company also trades in carbon steel, goods, cutting tools, and alloy steel. It operates in the People's Republic of China, North America, Europe, other Asian countries, and internationally. The company was founded in 1981 and is headquartered in Danyang, China.

How the Company Makes Money

Tiangong International Co. Ltd. generates revenue primarily through the sale of its high-speed steel (HSS) and die steel products. The company capitalizes on its extensive production capabilities and technological advancements to supply these essential materials to a diverse range of industries including automotive, machinery, and aerospace. Revenue streams are bolstered by the company's strategic partnerships and long-term contracts with major industrial clients around the world. In addition to direct sales, Tiangong International benefits from its investment in research and development, which drives product innovation and increases the competitiveness of its offerings in the global market. The company also exports a significant portion of its products, contributing to its international earnings and market presence.

Tiangong International Co. Ltd. Financial Statement Overview

Summary

Tiangong International Co. Ltd. demonstrates solid profitability and operational efficiency but faces challenges in revenue growth and cash flow management. The balance sheet remains strong, supporting future growth opportunities. Addressing cash flow issues should be a priority to enhance financial stability.

Income Statement

The company shows decent profitability with a stable gross profit margin. However, the net profit margin has slightly decreased. Revenue growth is inconsistent, showing a decline in recent years, which may indicate challenges in expanding market share. EBIT and EBITDA margins are stable, reflecting good operational efficiency.

Balance Sheet

The balance sheet is robust with a healthy equity ratio, indicating a strong asset base. The debt-to-equity ratio is manageable, showing a balanced approach to leveraging. ROE has declined, suggesting reduced profitability in relation to equity.

Cash Flow

Operating cash flows have weakened significantly, impacting free cash flow generation. The cash flow to net income ratios are not available for the recent period due to missing data, indicating potential cash management challenges.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.83B	5.16B	5.07B	5.74B	5.22B
Gross Profit	983.54M	1.14B	1.15B	1.41B	1.21B
EBITDA	808.09M	1.05B	839.85M	1.15B	1.00B
Net Income	358.76M	370.21M	503.54M	664.37M	537.02M
Balance Sheet
Total Assets	13.29B	13.56B	13.36B	12.56B	11.20B
Cash, Cash Equivalents and Short-Term Investments	1.74B	2.06B	2.56B	3.11B	2.05B
Total Debt	3.28B	2.90B	2.90B	2.64B	3.37B
Total Liabilities	5.83B	6.18B	6.22B	5.67B	5.56B
Stockholders Equity	7.09B	7.06B	6.86B	6.63B	5.47B
Cash Flow
Free Cash Flow	212.47M	-244.03M	-192.75M	88.83M	831.26M
Operating Cash Flow	501.76M	55.13M	303.55M	542.30M	1.31B
Investing Cash Flow	450.41M	-223.41M	-271.29M	-810.92M	-1.00B
Financing Cash Flow	-622.01M	-304.42M	-186.41M	799.56M	122.11M

Tiangong International Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.11
• 50DMA: Positive
• 100DMA: Positive
• 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:0826, the sentiment is Positive. The current price of 2.11 is above the 20-day moving average (MA) of 2.01, above the 50-day MA of 1.98, and above the 200-day MA of 1.91, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 62.98 is Neutral, neither overbought nor oversold. The STOCH value of 60.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0826.

Tiangong International Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0826	65 Neutral	€5.64B	14.88	5.01%	1.39%	-8.16%	-4.12%
Sector *	44 Neutral	C$967.00M	-6.65	-13.73%	2.47%	17.55%	-32.57%
ANGGF	―	$3.27B	―	-12.08%	―	―	―
CUGCF	―	$720.89M	33.96	0.67%	0.68%	―	―
MAANF	―	$3.24B	―	-17.87%	―	―	―
CW7	―	€155.36M	28.33	1.79%	3.23%	―	―
CGP	―	€1.48B	―	-16.73%	―	―	―

Tiangong International Co. Ltd. Corporate Events

Tiangong International Enters Strategic Partnership with Hengerda

Tiangong International Co. Ltd. has entered a strategic cooperation framework agreement with Hengerda New Materials to jointly develop and apply powder high-speed steel materials for sawing tools. This partnership aims to enhance industry leadership and promote technological advancements. Hengerda will support Tiangong with testing platforms and technical expertise, while Tiangong will become a primary supplier of raw materials to Hengerda starting in 2026. The agreement also includes plans for Tiangong to procure sawing equipment from Hengerda and collaborate on precision cutting tools, strengthening their supply chain integration and competitive edge in the industry.

Tiangong International Co. Ltd. Announces Successful AGM Resolutions

Tiangong International Co. Ltd. announced the successful passing of all resolutions at its Annual General Meeting held on June 19, 2025. Key resolutions included the approval of the audited financial statements for the year ending December 31, 2024, the declaration of a final dividend, and the re-election of several directors. The company also re-appointed KPMG as its auditors and granted mandates for share allotment and repurchase. The resolutions were passed with overwhelming support, indicating strong shareholder confidence in the company’s governance and strategic direction.

Tiangong International Announces Final Dividend for 2024

Tiangong International Co. Ltd. has announced a proposed final cash dividend of RMB 0.0263 per share for the financial year ending December 31, 2024, with payment to be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09361. This announcement reflects the company’s commitment to returning value to its shareholders, and it may positively impact investor sentiment and the company’s market positioning.

Tiangong International Completes Successful TG Tech Public Offering

Tiangong International Co. Ltd. announced the successful completion of the public offering of TG Tech on the Beijing Stock Exchange, with the over-placing option fully executed. The company issued 9,000,000 new TG Tech shares to 12 placees at RMB3.94 per share, resulting in Tiangong International holding 67.63% of the enlarged issued share capital of TG Tech, a slight decrease of 0.94%. This development marks a significant milestone for Tiangong International, potentially enhancing its market presence and financial standing.

Tiangong International Completes Successful TG Tech Public Offering

Tiangong International Co. Ltd. announced the successful completion of the public offering of TG Tech on the Beijing Stock Exchange, issuing a total of 60,000,000 new shares. The offering raised approximately RMB206.3 million, with the company maintaining an indirect interest of 68.57% in TG Tech’s enlarged share capital.

Tiangong International Announces AGM and Key Resolutions

Tiangong International Co. Ltd. has announced its Annual General Meeting (AGM) scheduled for June 19, 2025, in Hong Kong. The meeting will address several key resolutions, including the approval of audited financial statements for 2024, a proposed final dividend, the re-election of directors, and the re-appointment of KPMG as auditors. Additionally, the company seeks shareholder approval to authorize the directors to allot and issue additional shares up to 20% of the company’s share capital. These resolutions aim to ensure continued governance and operational efficiency, potentially impacting the company’s strategic direction and shareholder value.

Tiangong International’s TG Tech Gains Approval for Beijing Stock Exchange Listing

Tiangong International Co. Ltd. announced the approval of a public offering plan for its subsidiary, TG Tech, on the Beijing Stock Exchange. The offering includes up to 69 million new shares, with an issue price of RMB3.94 per share, and involves placing shares to directors and implementing stock price stabilization measures post-listing. The offering represents a significant move for Tiangong International, potentially impacting its market position by expanding TG Tech’s capital base and ensuring financial stability through profit guarantees and share repurchase commitments.