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

• Market Cap: HK$72.86M
• Dividend Yield: N/A
• Average Volume (3M): 1.17K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.27
• Revenue Growth: -69.85%
• EPS Growth: 55.83%
• Country: HK
• Employees: 578
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): -1.29
• Shares Outstanding: 179,902,000
• 10 Day Avg. Volume: 400
• 30 Day Avg. Volume: 1,173
• PEG Ratio: 0.06
• Price to Book (P/B): -10.13
• Price to Sales (P/S): 1.19
• P/FCF Ratio: -34.75
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 38 Underperform
• Price Target: HK$0.50 ▲(6.38% Upside)

The overall stock score is primarily driven by the company's poor financial performance, characterized by declining revenues, significant net losses, and negative equity. Technical analysis indicates a bearish trend with oversold conditions, while valuation metrics are unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively suggest a high-risk investment with limited upside potential.

Positive Factors

Business Model

The diversified revenue streams from property sales, leasing, and management services provide a stable foundation for long-term growth, reducing reliance on any single segment.

Strategic Partnerships

Partnerships with local governments and real estate entities enhance project execution and market penetration, supporting sustainable growth and competitive positioning.

Integrated Property Projects

Integrated projects that combine residential, retail, and commercial spaces cater to diverse market needs, enhancing community value and long-term demand.

Negative Factors

Financial Instability

Negative equity reflects financial instability, posing risks to sustainability and limiting the company's ability to secure financing for growth.

Cash Flow Challenges

Zero cash flow from operations signals liquidity issues, constraining the company's ability to invest in new projects and manage debt obligations.

Revenue Decline

A sharp revenue decline undermines financial health and growth prospects, indicating potential challenges in market demand or competitive positioning.

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 sectors, including real estate development, property management, and investment in urban renewal projects. With a commitment to enhancing urban living environments, Golden Wheel Tiandi aims to create high-quality and sustainable communities that cater to the evolving needs of urban populations.

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 marketing of real estate. Key revenue streams include the sale of newly developed residential units, rental income from commercial properties, and service fees from property management activities. Additionally, the company may engage in partnerships with local governments and other developers to participate in urban renewal initiatives, further diversifying its income sources. Economic factors such as urbanization trends and government policies on property development significantly impact its earnings.

Golden Wheel Tiandi Holdings Co. Ltd. Financial Statement Overview

Summary

Golden Wheel Tiandi Holdings Co. Ltd. is facing severe financial challenges, with declining revenues, significant net losses, and negative equity. The company's 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	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

• Technical Analysis Sentiment: Negative
• Last Price: 0.47
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1232, the sentiment is Negative. The current price of 0.47 is above the 20-day moving average (MA) of 0.41, above the 50-day MA of 0.47, and below the 200-day MA of 0.59, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 11.92 is Positive, neither overbought nor oversold. The STOCH value of 20.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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 *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
6999	49 Neutral	HK$120.15M	-0.05	―	―	-54.30%	-57.24%
0755	42 Neutral	HK$66.06M	-0.19	-61.82%	―	-46.78%	3.78%
0106	39 Underperform	HK$86.60M	-0.05	―	―	-81.13%	-71.68%
1232	38 Underperform	HK$72.86M	-0.14	―	―	-69.85%	55.83%

Golden Wheel Tiandi Holdings Co. Ltd. Corporate Events

Golden Wheel Tiandi Seeks Extension for Debt Restructuring Scheme

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 regulatory approval. This extension is crucial as the company anticipates potential delays in obtaining the required regulatory consent to finalize the restructuring process. The company has already garnered support from a significant portion of its creditors, holding 43% of the voting claims, indicating a positive outlook for the proposed extension.