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Tiangong International Co. Ltd.
(Frankfurt:0826)
Tiangong International Co. Ltd. (0826) vs. iShares MSCI Hong Kong ETF (EWH)
Tiangong International Co. Ltd. Business Overview & Revenue Model
Tiangong International Co. Ltd. Financial Statement Overview
| 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 | EBIT |
| 542.52M | 626.62M | 511.92M | 857.24M | 736.68M | EBITDA |
| 808.09M | 1.05B | 839.85M | 1.15B | 1.00B | Net Income Common Stockholders |
| 358.76M | 370.21M | 503.54M | 664.37M | 537.02M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.74B | 2.06B | 2.56B | 3.11B | 2.05B | Total Assets |
| 13.29B | 13.56B | 13.36B | 12.56B | 11.20B | Total Debt |
| 3.28B | 2.90B | 2.90B | 2.64B | 3.37B | Net Debt |
| 2.22B | 2.15B | 1.68B | 1.28B | 2.54B | 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 | |||
| 0.00 | -244.03M | -192.75M | 88.83M | 831.26M | Operating Cash Flow |
| 0.00 | 55.13M | 303.55M | 542.30M | 1.31B | Investing Cash Flow |
| 0.00 | -223.41M | -271.29M | -810.92M | -1.00B | Financing Cash Flow |
| 0.00 | -304.42M | -186.41M | 799.56M | 122.11M |
Tiangong International Co. Ltd. Technical Analysis
Tiangong International Co. Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Neutral | HK$5.34B | 13.82 | 5.01% | 4.53% | -8.16% | -4.12% | |
51 Neutral | $1.99B | -1.26 | -21.11% | 5.30% | 2.92% | -30.46% | |
| $2.76B | ― | -12.08% | ― | ― | ― | ||
| $554.84M | 33.93 | 0.67% | 26.31% | ― | ― | ||
| $3.33B | ― | -17.87% | ― | ― | ― | ||
| €133.02M | 22.78 | 1.79% | 2.88% | ― | ― | ||
| €1.32B | ― | -16.73% | ― | ― | ― |
Tiangong International Co. Ltd. Corporate Events
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 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 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.
Tiangong International Company Limited has entered into a facilities agreement with a Hong Kong licensed bank for a dividend loan facility amounting to approximately HK$119.7 million. The agreement imposes a specific performance obligation on the company’s controlling shareholders, Mr. Zhu Xiaokun and Mr. Zhu Zefeng, to maintain at least 45% shareholding in the company. A breach of this obligation could result in the bank canceling the commitments and demanding immediate repayment of all outstanding amounts. The company will continue to disclose relevant information in its interim and annual reports.
Tiangong International Co. Ltd. announced a series of equity transfer agreements involving its subsidiary, TG Tools. The company has agreed to acquire shares from investors Huazi Shengtong, Huazi Huizhi, and Letong Huazi, simplifying its shareholding structure and retaining long-term investors. This move follows a previous buy-back agreement and aims to streamline operations and prepare for a future listing application. The adjustments reflect the company’s strategic focus on maintaining investor relations and optimizing its financial structure amidst changing market conditions.
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. The announcement reflects the company’s stable financial performance and commitment to returning value to its shareholders. The dividend is subject to shareholder approval on June 19, 2025, with payment scheduled for July 11, 2025. This move is expected to reinforce Tiangong International’s position in the market by demonstrating financial health and rewarding investor confidence.
Jiangsu Tiangong Technology Co. Ltd., a subsidiary of Tiangong International Co. Ltd., has released its 2024 Annual Report, which has been audited by KPMG Huazhen with an unqualified opinion. The report highlights the company’s financial health and operational integrity, reinforcing its strong position in the technology sector. This announcement is expected to bolster investor confidence and affirm the company’s commitment to transparency and accuracy in its financial disclosures.
Tiangong International Co. Ltd. reported its annual financial results for the year ending December 31, 2024, showing a decline in revenue by 6.4% to RMB 4,832 million compared to the previous year. Despite the decrease in gross profit by 14% and net profit by 3.1%, the company managed to slightly improve its profit margin attributable to equity shareholders by 0.2 percentage points. The company’s net assets increased by 0.9%, while net debt rose by 7.4%, resulting in a net gearing ratio of 33%. These financial results indicate a challenging year for Tiangong International, with implications for its financial stability and potential investor concerns.
Tiangong International Company Limited has announced that its Board of Directors will convene on March 31, 2025, to approve the company’s final results for the year ending December 31, 2024. The meeting will also consider the payment of a final dividend, which could have implications for the company’s financial strategy and shareholder returns.