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

• Market Cap: HK$75.56M
• Dividend Yield: N/A
• Average Volume (3M): 1.44K
• 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: 1,200
• 30 Day Avg. Volume: 1,440
• 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: 39 Underperform
• Price Target: HK$0.38 ▼(-19.57% Downside)

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

Urban Renewal Projects

Participation in urban renewal projects can provide stable revenue streams and strengthen community ties, enhancing long-term business prospects.

Diversified Revenue Streams

Diversified revenue sources through sales, rentals, and services help mitigate risks associated with market fluctuations in any single segment.

Commitment to Sustainability

Focus on sustainability aligns with global trends and regulatory demands, potentially improving brand reputation and long-term viability.

Negative Factors

Revenue Decline

Significant revenue decline indicates challenges in market demand or execution, threatening financial stability and growth potential.

Negative Equity

Negative equity suggests a highly leveraged position, increasing financial risk and limiting the company's ability to invest in growth.

Zero Cash Flow

Lack of cash generation from operations poses liquidity risks, potentially affecting the company's ability to meet obligations and invest in future projects.

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1232, the sentiment is Neutral. The current price of 0.47 is above the 20-day moving average (MA) of 0.40, above the 50-day MA of 0.43, and below the 200-day MA of 0.57, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.87 is Neutral, neither overbought nor oversold. The STOCH value of 90.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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$63.39M	-0.20	-61.82%	―	-46.78%	3.78%
1232	39 Underperform	HK$75.56M	-0.15	―	―	-69.85%	55.83%
0106	39 Underperform	HK$86.60M	-0.05	―	―	-81.13%	-71.68%

Golden Wheel Tiandi Holdings Co. Ltd. Corporate Events

Golden Wheel Tiandi Wins Creditor Approval to Extend Debt Restructuring Deadline

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 restructuring of existing notes. The scheme longstop date has been pushed back from 31 December 2025 to the earlier of 30 June 2026 or the 15th business day after receipt of necessary regulatory approvals, with all other restructuring terms unchanged, giving the company more breathing room to complete the process while shareholders and potential investors are urged to exercise caution in dealing in its securities.

The most recent analyst rating on (HK:1232) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Golden Wheel Tiandi Holdings Co. Ltd. stock, see the HK:1232 Stock Forecast page.

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.

The most recent analyst rating on (HK:1232) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Golden Wheel Tiandi Holdings Co. Ltd. stock, see the HK:1232 Stock Forecast page.