Golden Wheel Tiandi Holdings Co. Ltd. (HK:1232)
:1232
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Golden Wheel Tiandi Holdings Co. Ltd.
(1232)
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Rating:39Underperform
Price Target:
HK$0.45
▼(-4.47% Downside)
Action:ReiteratedDate:12/31/25
The score is held down primarily by very weak financial performance (sharp revenue decline, significant losses, negative equity, and zero operating/free cash flow). Technicals add additional caution due to a downtrend versus longer-term moving averages and a negative MACD, while valuation is also pressured by loss-making results (negative P/E) and no provided dividend support.
Positive Factors
Diversified revenue streams
Golden Wheel Tiandi earns from property sales, leasing and recurring property-management fees. This multi-stream model can smooth revenue across development cycles: sales provide project monetization while rentals and management generate steady recurring cash, supporting longer-term operational resilience.
Negative Factors
Severe revenue collapse
A c.66% revenue drop signals major project delays, sales shortfalls, or market access loss. Such a structural decline reduces operating leverage, erodes developer margins and impairs the ability to fund ongoing projects. Over months this undermines recovery unless new project completions or sales materialize.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified revenue streams
Golden Wheel Tiandi earns from property sales, leasing and recurring property-management fees. This multi-stream model can smooth revenue across development cycles: sales provide project monetization while rentals and management generate steady recurring cash, supporting longer-term operational resilience.
Read all positive factors
Golden Wheel Tiandi Holdings Co. Ltd. (1232) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$71.06M
Dividend YieldN/A
Average Volume (3M)1.44K
Price to Earnings (P/E)―
Beta (1Y)1.00
Revenue Growth-69.85%
EPS Growth55.83%
CountryHK
Employees578
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)-2.24
Shares Outstanding179,902,000
10 Day Avg. Volume1,200
30 Day Avg. Volume1,440
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)-10.13
Price to Sales (P/S)1.19
P/FCF Ratio-34.75
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Golden Wheel Tiandi Holdings Co. Ltd. Business Overview & Revenue Model
Company Description
Golden Wheel Tiandi Holdings Co. Ltd. (1232) is a prominent property development and investment company based in China, primarily focusing on the development of residential, commercial, and mixed-use properties. The company operates in various sec...
How the Company Makes Money
Golden Wheel Tiandi generates revenue primarily through the sale and leasing of residential and commercial properties. Its revenue model is anchored on property development projects, where the company invests in land acquisition, construction, and...
Golden Wheel Tiandi Holdings Co. Ltd. Financial Statement Overview
Summary
Income Statement
15
Very Negative
Balance Sheet
20
Very Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 510.69M | 796.38M | 2.39B | 2.66B | 1.78B | 1.39B |
| Gross Profit | 118.52M | 154.03M | 71.35M | -132.01M | -27.53M | 233.14M |
| EBITDA | 11.79M | -649.23M | -476.72M | -556.28M | -1.78B | 396.99M |
| Net Income | -371.32M | -823.94M | -1.04B | -1.05B | -1.99B | 34.79M |
Balance Sheet | ||||||
| Total Assets | 7.92B | 8.12B | 10.00B | 12.31B | 13.84B | 17.16B |
| Cash, Cash Equivalents and Short-Term Investments | 86.83M | 97.88M | 209.26M | 193.22M | 346.91M | 889.09M |
| Total Debt | 738.16M | 4.19B | 4.48B | 5.35B | 5.24B | 6.38B |
| Total Liabilities | 7.95B | 7.93B | 9.03B | 10.38B | 10.91B | 12.24B |
| Stockholders Equity | -307.46M | -93.40M | 733.00M | 1.79B | 2.84B | 4.83B |
Cash Flow | ||||||
| Free Cash Flow | -12.19M | -27.23M | 382.78M | -193.73M | 940.79M | 488.86M |
| Operating Cash Flow | -8.80M | -15.54M | 382.91M | -193.62M | 1.02B | 536.63M |
| Investing Cash Flow | -60.46M | 15.40M | 6.36M | 587.03M | 206.96M | -408.52M |
| Financing Cash Flow | 49.45M | -111.41M | -373.48M | -549.14M | -1.73B | -249.15M |
Golden Wheel Tiandi Holdings Co. Ltd. Technical Analysis
Positive
0.47
Price Trends
0.36
Positive
0.39
Positive
0.54
Negative
Market Momentum
<0.01
Negative
61.47
Neutral
57.58
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 0.47 is above the 20-day moving average (MA) of 0.34, above the 50-day MA of 0.36, and below the 200-day MA of 0.54, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.47 is Neutral, neither overbought nor oversold. The STOCH value of 57.58 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
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
49 Neutral | HK$120.15M | -0.05 | ― | ― | -54.30% | -57.24% | |
40 Underperform | HK$64.28M | -0.26 | -61.82% | ― | -46.78% | 3.78% | |
39 Underperform | HK$71.06M | -0.27 | ― | ― | -69.85% | 55.83% | |
39 Underperform | HK$86.60M | -0.05 | ― | ― | -81.13% | -71.68% |
* Real Estate Sector Average
HK:1232
Golden Wheel Tiandi Holdings Co. Ltd.
0.40
-0.25
-38.28%
HK:0845
Glorious Property Holdings Limited
0.01
0.00
0.00%
HK:6999
Leading Holdings Group Limited
0.12
0.02
24.47%
HK:0755
Shanghai Zendai Property Ltd.
0.36
-0.04
-10.00%
HK:0059
Skyfame Realty (Holdings) Ltd
0.01
0.00
0.00%
HK:0106
Landsea Green Properties Co., Ltd.
0.02
<0.01
35.71%
Golden Wheel Tiandi Holdings Co. Ltd. Corporate Events
Golden Wheel Tiandi Wins Creditor Approval to Extend Debt Restructuring Deadline
Dec 24, 2025
Golden Wheel Tiandi Holdings Company Limited has secured consent from a majority of its scheme creditors to extend the longstop date under its offshore debt restructuring scheme, providing additional time for the implementation of its restructurin...
Golden Wheel Tiandi Seeks Extension for Debt Restructuring Scheme
Dec 2, 2025
Golden Wheel Tiandi Holdings Co. Ltd. has announced an update on its debt restructuring efforts, specifically seeking to extend the Scheme Longstop Date from December 31, 2025, to either June 30, 2026, or shortly after receiving necessary regulato...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.