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Times China Holdings
(1233)
Times China Holdings (1233) vs. iShares MSCI Hong Kong ETF (EWH)
Times China Holdings Business Overview & Revenue Model
Times China Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.29B | 13.11B | 21.01B | 24.42B | 43.64B | 38.58B |
| Gross Profit | -7.59B | -7.23B | 161.62M | 3.36B | 12.05B | 11.10B |
| EBITDA | -10.09B | -9.88B | -2.47B | -7.62B | 10.12B | 10.51B |
| Net Income | -17.03B | -16.61B | -4.51B | -9.86B | 3.26B | 4.94B |
Balance Sheet | ||||||
| Total Assets | 81.59B | 88.54B | 121.11B | 149.93B | 198.39B | 191.50B |
| Cash, Cash Equivalents and Short-Term Investments | 611.96M | 840.48M | 1.73B | 2.74B | 14.72B | 33.53B |
| Total Debt | 50.76B | 51.66B | 49.96B | 50.28B | 56.63B | 64.80B |
| Total Liabilities | 93.24B | 96.41B | 110.45B | 130.02B | 155.74B | 155.62B |
| Stockholders Equity | -19.54B | -16.42B | 633.38M | 5.75B | 19.26B | 18.78B |
Cash Flow | ||||||
| Free Cash Flow | 1.30B | 1.33B | 4.22B | -546.33M | 78.90M | 1.14B |
| Operating Cash Flow | 1.30B | 1.34B | 4.25B | -510.64M | 128.97M | 1.31B |
| Investing Cash Flow | -163.28M | -467.37M | 56.45M | 1.57B | -22.32B | -7.75B |
| Financing Cash Flow | -2.07B | -1.76B | -5.31B | -13.05B | 3.41B | 14.30B |
Times China Holdings Technical Analysis
Times China Holdings Peers Comparison
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% | |
50 Neutral | HK$572.12M | 0.65 | 260.87% | ― | 82.96% | ― | |
44 Neutral | HK$302.36M | -0.17 | -34.31% | ― | -63.41% | 77.97% | |
41 Neutral | HK$479.13M | -0.05 | ― | ― | -64.27% | -19.76% | |
39 Underperform | HK$258.89M | -0.01 | ― | ― | -45.56% | -191.99% | |
39 Underperform | HK$232.31M | -0.02 | ― | ― | -60.50% | -103.48% | |
38 Underperform | HK$176.71M | >-0.01 | ― | ― | -62.71% | -16.95% |
Times China Holdings Corporate Events
Times China Holdings has provided a quarterly update on its efforts to resolve the audit disclaimer of opinion related to going-concern uncertainties, highlighting substantial progress in both offshore and onshore debt restructuring. The company’s offshore restructuring became effective on 28 November 2025, cutting total existing offshore debt of about US$2.9 billion through a package of new notes and mandatory convertible bonds totalling roughly US$2.7 billion, alongside a small cash payment and the issue of new shares to creditors, while all 14 onshore bonds have had their repayment dates uniformly extended to April 2026 with incentive payments made to consenting bondholders. In parallel, Times China has agreed a 10-year standstill on repayments under a US$70 million shareholder loan, is negotiating further renewals and restructurings with lenders, and is actively seeking new financing to meet obligations and secure project delivery. Operationally, the group is accelerating property sales and cash collection, reporting unaudited contracted sales of about RMB5.34 billion in 2025 and delivery of 11 projects comprising more than 8,000 housing units, while also cutting headcount from 1,449 to around 1,050 and pursuing asset disposals to boost liquidity and improve efficiency.
The most recent analyst rating on (HK:1233) stock is a Sell with a HK$0.10 price target. To see the full list of analyst forecasts on Times China Holdings stock, see the HK:1233 Stock Forecast page.
Times China Holdings reported unaudited aggregated contracted sales of approximately RMB5.34 billion for the year ended 31 December 2025, representing contracted gross floor area of about 439,000 square metres, with December 2025 contributing around RMB550 million in sales over 54,000 square metres. The company stressed that these figures are preliminary internal data subject to adjustment in forthcoming financial statements and urged investors to treat the numbers as reference only and exercise caution when dealing in its securities, underscoring the current uncertainty around the final audited results.
The most recent analyst rating on (HK:1233) stock is a Sell with a HK$0.10 price target. To see the full list of analyst forecasts on Times China Holdings stock, see the HK:1233 Stock Forecast page.
Times China Holdings Limited has announced that the High Court has dismissed a winding-up petition against the company, following a joint application by the involved parties. This development removes a significant legal hurdle for the company, potentially stabilizing its market position and offering reassurance to its stakeholders, although caution is still advised when dealing with the company’s securities.
The most recent analyst rating on (HK:1233) stock is a Sell with a HK$0.10 price target. To see the full list of analyst forecasts on Times China Holdings stock, see the HK:1233 Stock Forecast page.
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.
The most recent analyst rating on (HK:1233) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Times China Holdings stock, see the HK:1233 Stock Forecast page.
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.
The most recent analyst rating on (HK:1233) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Times China Holdings stock, see the HK:1233 Stock Forecast page.
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.
The most recent analyst rating on (HK:1233) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Times China Holdings stock, see the HK:1233 Stock Forecast page.
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 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 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.