Golden Wheel Tiandi Holdings Co. Ltd. (1232) AI Stock Analysis

• Market Cap: HK$142.12M
• Dividend Yield: N/A
• Average Volume (3M): 10.99K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.33
• Revenue Growth: -66.81%
• EPS Growth: 21.94%
• Country: HK
• Employees: 578
• Sector: Real Estate
• Sector Strength: 52
• Industry: Real Estate - Development
• EPS (TTM): -1.59
• Shares Outstanding: 179,902,000
• 10 Day Avg. Volume: 24,000
• 30 Day Avg. Volume: 10,993
• PEG Ratio: -0.06
• Price to Book (P/B): -11.44
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -37.47
• 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: 46 Neutral
• Price Target: HK$1.00 ▲(26.58%Upside)

The overall stock score is significantly impacted by poor financial performance, characterized by declining revenue, net losses, and negative equity. The technical analysis offers some short-term bullish momentum, but this is overshadowed by the company's weak valuation due to a negative P/E ratio and lack of dividends.

Golden Wheel Tiandi Holdings Co. Ltd. Business Overview & Revenue Model

Company Description

Golden Wheel Tiandi Holdings Company Limited, an investment holding company, engages in the development of commercial and residential properties in Mainland China and Hong Kong. The company operates through three segments: Property Development, Property Leasing, and Hotel Operation. It develops and sells properties; and offers property leasing services, including the lease of self-owned properties and sub-lease of rented properties, as well as operates hotels. The company also develops and operates shopping malls; and provides property decoration services. As of December 31, 2021, the company had a land bank of approximately 1,528,843 square meters. Golden Wheel Tiandi Holdings Company Limited was founded in 1994 and is headquartered in Nanjing, the People's Republic of China.

How the Company Makes Money

Golden Wheel Tiandi Holdings Co. Ltd. generates revenue through several key streams. The primary source of income is the sale of residential and commercial properties developed by the company. These properties are strategically located in urban areas with high demand. Additionally, the company earns rental income from its property leasing segment, which includes shopping malls and office spaces. The hotel operations segment contributes to the company's earnings by providing hospitality services. The company also partners with local governments and enterprises to develop urban infrastructure, which sometimes includes public-private partnerships that yield additional revenue.

Golden Wheel Tiandi Holdings Co. Ltd. Financial Statement Overview

Summary

Golden Wheel Tiandi Holdings Co. Ltd. is facing severe financial challenges. Declining revenues, significant net losses, negative equity, high leverage, and inability to generate cash from operations highlight critical risks to its financial health and sustainability.

Income Statement

The company has experienced a significant decline in total revenue from 2023 to 2024, a decrease of approximately 66.6%. The net profit margin is negative due to a substantial net loss, and both EBIT and EBITDA margins are highly negative, indicating poor operational performance and profitability issues.

Balance Sheet

The company's stockholder equity is negative as of 2024, indicating insolvency. The debt-to-equity ratio cannot be calculated due to negative equity, highlighting financial instability. The equity ratio is also negative, reflecting a highly leveraged and risky financial position.

Cash Flow

The operating cash flow and free cash flow for 2024 are both zero, indicating a lack of cash generation from operations. This poses significant risks to liquidity and sustainability. The free cash flow to net income ratio cannot be calculated due to both values being zero or negative.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	796.38M	2.39B	2.66B	1.78B	1.39B
Gross Profit	154.03M	71.35M	-132.01M	-27.53M	233.14M
EBITDA	-649.23M	-476.72M	-556.28M	-1.78B	396.99M
Net Income	-823.94M	-1.04B	-995.31M	-1.99B	50.24M
Balance Sheet
Total Assets	8.12B	10.00B	12.31B	13.84B	17.16B
Cash, Cash Equivalents and Short-Term Investments	97.88M	209.26M	193.22M	346.91M	889.09M
Total Debt	4.19B	4.48B	5.35B	5.24B	6.38B
Total Liabilities	7.93B	9.03B	10.38B	10.91B	12.24B
Stockholders Equity	-93.40M	733.00M	1.79B	2.84B	4.83B
Cash Flow
Free Cash Flow	-27.23M	382.78M	-193.73M	940.79M	488.86M
Operating Cash Flow	-15.54M	382.91M	-193.62M	1.02B	536.63M
Investing Cash Flow	15.40M	6.36M	587.03M	206.96M	-408.52M
Financing Cash Flow	-111.41M	-373.48M	-549.14M	-1.73B	-249.15M

Golden Wheel Tiandi Holdings Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.79
• 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:1232, the sentiment is Positive. The current price of 0.79 is above the 20-day moving average (MA) of 0.55, above the 50-day MA of 0.47, and above the 200-day MA of 0.58, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 78.17 is Negative, neither overbought nor oversold. The STOCH value of 55.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1232.

Golden Wheel Tiandi Holdings Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$6.99B	18.83	-1.16%	6.86%	4.65%	-25.28%
1232	46 Neutral	HK$142.12M	―	-252.43%	―	-66.81%	21.94%
GI0A		€8.43M	―		―	―	―
88Z		€9.22M	―	-170.25%	―	―	―
0755	40 Neutral	HK$83.03M	―	-109.55%	―	-46.16%	-998.00%
0059		HK$84.46M	―		―	―	―
8G7		€6.90M	―		―	―	―

Golden Wheel Tiandi Holdings Co. Ltd. Corporate Events

Golden Wheel Tiandi Holdings Enhances Governance with New Nomination Committee

Golden Wheel Tiandi Holdings Co. Ltd. has announced the establishment of a Nomination Committee as part of its board of directors’ governance structure. This committee, consisting of at least three members with a majority being independent non-executive directors, aims to oversee the nomination process for board members, ensuring a diverse and skilled board composition. The committee’s responsibilities include reviewing the board’s structure, identifying qualified candidates for directorships, and making recommendations on appointments and succession planning. This move is expected to enhance the company’s corporate strategy alignment and strengthen its governance framework.

Golden Wheel Tiandi Secures Court Approval for Debt Restructuring

Golden Wheel Tiandi Holdings Co. Ltd. announced that the court has sanctioned its debt restructuring scheme, marking a significant step in addressing its financial obligations. The scheme’s effectiveness, achieved by fulfilling all conditions, is expected to stabilize the company’s financial standing and reassure stakeholders about its commitment to resolving debt issues.

Golden Wheel Tiandi Secures Creditor Approval for Debt Restructuring

Golden Wheel Tiandi Holdings Co. Ltd. announced the successful approval of its debt restructuring scheme by a majority of its creditors. The scheme, which involves the restructuring of existing notes, was approved by 98.33% of the voting creditors, representing a significant step forward in the company’s efforts to manage its financial obligations. The company will now seek court approval to finalize the restructuring, which is expected to have a positive impact on its financial stability and operational capabilities.

Golden Wheel Tiandi Approves Key Resolutions at AGM

Golden Wheel Tiandi Holdings Co. Ltd. announced the successful passing of all ordinary resolutions at its Annual General Meeting held on 16 May 2025. Key resolutions included the re-election of directors, reappointment of the auditor, and granting of mandates for share allotment and repurchase. These decisions are expected to streamline the company’s governance and enhance its operational capabilities, potentially impacting its market positioning positively.

Golden Wheel Tiandi Announces Scheme Meeting for Debt Restructuring

Golden Wheel Tiandi Holdings Co. Ltd. has announced an update on its debt restructuring efforts, specifically regarding its 10.0% senior notes due in 2025. The company has scheduled a Scheme Meeting on June 3, 2025, to consider and potentially approve a proposed restructuring scheme. This meeting follows a court order and is part of a series of steps the company is taking to manage its financial obligations. The outcome of this meeting could significantly impact the company’s financial stability and its stakeholders, as it seeks to address previous defaults and restructure its existing debt.