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Times China Holdings Ltd. (HK:1233)
:1233

Times China Holdings (1233) AI Stock Analysis

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HK:1233

Times China Holdings

(1233)

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Underperform 39 (OpenAI - 4o)
Rating:39Underperform
Price Target:
HK$0.11
▼(-19.23% Downside)
The overall stock score is heavily influenced by the company's poor financial performance, which is the most significant factor. The technical analysis also indicates a bearish trend, and the valuation metrics are unattractive. These factors collectively contribute to a low overall score.
Positive Factors
Business Model Diversification
Diversification across development, investment, and management services provides multiple revenue streams, potentially stabilizing income despite market fluctuations.
Strategic Partnerships
Partnerships with local governments and real estate firms can enhance access to land and development opportunities, supporting long-term growth and competitive positioning.
Urban Demand Focus
By targeting urban areas, Times China aligns with ongoing urbanization trends, potentially sustaining demand for its residential and commercial properties.
Negative Factors
Negative Equity
Negative equity indicates financial instability and potential solvency issues, which may hinder the company's ability to secure financing and invest in growth.
Declining Revenue
Significant revenue declines suggest weakening market position and demand, challenging the company's ability to sustain operations and invest in future projects.
Cash Flow Challenges
Poor cash generation from operations limits liquidity and financial flexibility, potentially affecting the company's ability to meet obligations and fund new initiatives.

Times China Holdings (1233) vs. iShares MSCI Hong Kong ETF (EWH)

Times China Holdings Business Overview & Revenue Model

Company DescriptionTimes China Holdings Limited is a leading property developer based in China, primarily engaged in the development, investment, and management of residential and commercial properties. The company operates in several sectors, including real estate development, property investment, and property management services. Times China focuses on creating high-quality living spaces, urban complexes, and integrated communities, aiming to meet the growing demand for housing and commercial facilities in urban areas across China.
How the Company Makes MoneyTimes China Holdings generates revenue primarily through the sale of residential and commercial properties. The company earns income from the development and sale of its real estate projects, which include apartments, office buildings, and retail spaces. Key revenue streams include direct property sales, pre-sales of residential units, and rental income from its investment properties. Additionally, Times China benefits from partnerships with local governments and other real estate companies, which may provide access to land and development opportunities. The company also engages in property management services, offering another revenue source through service fees associated with managing residential and commercial properties.

Times China Holdings Financial Statement Overview

Summary
Times China Holdings is facing severe financial difficulties marked by declining revenues, negative profitability, and deteriorating balance sheet strength. The company’s negative equity and poor cash flow generation underscore the challenges in maintaining financial stability and operational viability.
Income Statement
20
Very Negative
The income statement reflects a significant decline in revenue and profitability. The company experienced steep declines in total revenue from 2021 to 2024, leading to negative gross and net profit margins in 2024. The EBIT and EBITDA margins have also turned negative, indicating substantial operational challenges.
Balance Sheet
15
Very Negative
The balance sheet shows a troubling financial position with negative stockholders' equity in 2024, driven by accumulated losses. The debt-to-equity ratio is not meaningful due to negative equity, indicating potential solvency issues. The company’s liabilities exceed its assets, highlighting financial instability.
Cash Flow
10
Very Negative
The cash flow statement highlights significant cash flow challenges. Operating cash flow fell to zero in 2024, and free cash flow also plummeted, reflecting poor cash generation from operations. The company's inability to generate positive free cash flow is concerning for its liquidity management.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue9.29B13.11B21.01B24.42B43.64B38.58B
Gross Profit-7.59B-7.23B161.62M3.36B12.05B11.10B
EBITDA-10.09B-9.88B-2.47B-7.62B10.12B10.51B
Net Income-17.03B-16.61B-4.51B-9.86B3.26B4.94B
Balance Sheet
Total Assets81.59B88.54B121.11B149.93B198.39B191.50B
Cash, Cash Equivalents and Short-Term Investments611.96M840.48M1.73B2.74B14.72B33.53B
Total Debt50.76B51.66B49.96B50.28B56.63B64.80B
Total Liabilities93.24B96.41B110.45B130.02B155.74B155.62B
Stockholders Equity-19.54B-16.42B633.38M5.75B19.26B18.78B
Cash Flow
Free Cash Flow1.30B1.33B4.22B-546.33M78.90M1.14B
Operating Cash Flow1.30B1.34B4.25B-510.64M128.97M1.31B
Investing Cash Flow-163.28M-467.37M56.45M1.57B-22.32B-7.75B
Financing Cash Flow-2.07B-1.76B-5.31B-13.05B3.41B14.30B

Times China Holdings Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.13
Price Trends
50DMA
0.13
Negative
100DMA
0.15
Negative
200DMA
0.18
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
46.60
Neutral
STOCH
28.43
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1233, the sentiment is Negative. The current price of 0.13 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.13, and below the 200-day MA of 0.18, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.60 is Neutral, neither overbought nor oversold. The STOCH value of 28.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1233.

Times China Holdings Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
49
Neutral
HK$506.42M0.58260.87%82.96%
41
Neutral
HK$473.35M-0.05-64.27%-19.76%
40
Underperform
HK$289.99M-0.16-34.31%-63.41%77.97%
39
Underperform
HK$287.37M-0.01-45.56%-191.99%
39
Underperform
HK$262.62M-0.02-60.50%-103.48%
38
Underperform
HK$167.88M>-0.01-62.71%-16.95%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1233
Times China Holdings
0.12
-0.26
-69.21%
HK:0618
Peking University Resources Holdings Co. Ltd.
0.19
0.02
11.98%
HK:2772
Zhongliang Holdings Group Company Limited
0.07
-0.05
-42.48%
HK:1777
Fantasia Holdings Group Co. Ltd.
0.08
-0.02
-21.15%
HK:1628
Yuzhou Group Holdings Co., Ltd.
0.11
-0.55
-83.33%
HK:3301
Ronshine China Holdings Ltd.
0.15
-0.25
-62.50%

Times China Holdings Corporate Events

Times China Holdings Announces Offshore Debt Restructuring
Dec 5, 2025

Times China Holdings Limited has issued an overseas regulatory announcement regarding the restructuring of its offshore debt, as referenced in multiple past announcements. The company has posted a listing document on the Singapore Exchange Securities Trading Limited’s website, which includes information on various financial instruments such as Short Term Notes, Medium Term Notes, Long Term Notes, and Mandatory Convertible Bonds. This move aims to ensure equal information dissemination among investors in Hong Kong, in compliance with the Stock Exchange’s listing rules.

Times China Holdings Reports Preliminary Sales Figures for 2025
Dec 5, 2025

Times China Holdings Limited announced its unaudited operating statistics for the eleven months ending November 2025, reporting aggregated contracted sales of approximately RMB 4,787 million and a contracted gross floor area of about 385,000 square meters. In November alone, the contracted sales were approximately RMB 451 million with a gross floor area of 32,000 square meters. These figures are preliminary and may differ from the audited results due to uncertainties in data collation, and investors are advised to exercise caution.

Times China Holdings Completes Offshore Debt Restructuring
Nov 28, 2025

Times China Holdings Limited announced the successful completion of its offshore debt restructuring, effective as of November 28, 2025. This restructuring involves the discharge of certain liabilities in exchange for new debt instruments issued to creditors, including short, medium, and long-term notes, as well as mandatory convertible bonds. The company also provided an upfront cash consideration and issued consideration shares to creditors who opted for a specific restructuring option. This move is expected to stabilize the company’s financial standing and improve its market position by effectively managing its debt obligations.

Times China Holdings Announces Expected Date for Debt Restructuring
Nov 25, 2025

Times China Holdings Limited has announced an update regarding the restructuring of its offshore debts, with an expected effective date of November 28, 2025. The company anticipates that all conditions for the restructuring will be met by this date, and it plans to make a further announcement once the restructuring is effective. Stakeholders and potential investors are advised to exercise caution when dealing with the company’s securities.

Times China Holdings Reports RMB 4,336 Million in Contracted Sales for 2025
Nov 10, 2025

Times China Holdings Limited announced its unaudited operating statistics for the ten months ending October 31, 2025, reporting aggregated contracted sales of approximately RMB 4,336 million and a contracted gross floor area of about 353,000 square meters. In October alone, the company achieved contracted sales of approximately RMB 403 million with a gross floor area of 36,000 square meters. These figures are preliminary and may differ from future audited financial statements, and investors are advised to exercise caution.

Times China Holdings Reports Nine-Month Sales Figures
Oct 14, 2025

Times China Holdings Limited announced its unaudited operating statistics for the nine months ending September 30, 2025, reporting aggregated contracted sales of approximately RMB 3,933 million and a contracted gross floor area of about 317,000 square meters. In September alone, the company achieved contracted sales of RMB 301 million with a contracted gross floor area of 24,000 square meters. These figures, based on preliminary internal data, may vary from future audited financial statements, and investors are advised to exercise caution.

Times China Holdings Updates on Financial Restructuring Efforts
Oct 3, 2025

Times China Holdings has provided a quarterly update on its action plans aimed at resolving a disclaimer of opinion issued by its independent auditor regarding the company’s financial statements for FY2024. The company is actively implementing measures to address uncertainties related to its going concern status, including restructuring its liabilities, seeking new financing sources, accelerating property sales, and enhancing operational efficiency. Recent developments include the sanctioning of a restructuring scheme by the High Court and the extension of key dates to facilitate ongoing financial restructuring efforts.

Times China Extends Debt Restructuring Deadline
Sep 25, 2025

Times China Holdings Limited has announced an extension of the Longstop Date for its proposed restructuring of offshore debts. The new date has been moved from 30 September 2025 to 31 December 2025, following the requisite consent from Scheme Creditors. This extension allows the company more time to finalize its restructuring plans, which could impact its financial stability and market positioning. All other terms of the restructuring remain unchanged, and further updates will be provided as necessary.

Times China Extends Longstop Date for Debt Restructuring
Sep 10, 2025

Times China Holdings Limited has announced an extension of the Longstop Date for its proposed restructuring of offshore debts from 30 September 2025 to 31 December 2025. This extension is necessary to allow more time to satisfy outstanding restructuring conditions, as the company does not expect to receive all necessary regulatory approvals by the original deadline. The extension aims to ensure the successful completion of the restructuring process, which remains unchanged in terms of its other conditions.

Times China Holdings Reports Unaudited Sales for 2025
Sep 8, 2025

Times China Holdings Limited announced its unaudited operating statistics for the eight months ending August 31, 2025. The company’s aggregated contracted sales, including joint ventures, amounted to approximately RMB 3,632 million with a contracted gross floor area of about 293,000 square meters. In August 2025 alone, contracted sales reached approximately RMB 430 million with a gross floor area of 37,000 square meters. These figures are preliminary and may differ from future audited financial statements, and investors are advised to exercise caution.

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.Date of analysis: Dec 20, 2025