Ten Pao Group Holdings Limited (1979) AI Stock Analysis

• Market Cap: HK$1.61B
• Dividend Yield: 3.33%
• Average Volume (3M): 482.72K
• Price to Earnings (P/E): 4.2
• Beta (1Y): 0.52
• Revenue Growth: 11.66%
• EPS Growth: 16.73%
• Country: HK
• Employees: 7,600
• Sector: Industrials
• Sector Strength: 88
• Industry: Electrical Equipment & Parts
• EPS (TTM): 0.20
• Shares Outstanding: 1,030,388,900
• 10 Day Avg. Volume: 624,975
• 30 Day Avg. Volume: 482,719
• PEG Ratio: -0.20
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.85
• 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

• Rating: 70 Outperform
• Price Target: ―

Ten Pao Group Holdings Limited presents a strong financial position with notable revenue growth and improved profitability margins. The valuation is particularly attractive, featuring a low P/E ratio and high dividend yield, which enhance its appeal for value investors. However, the absence of recent cash flow data raises concerns about liquidity, and mixed technical indicators suggest potential stock price volatility. Investors should monitor cash flow management closely while considering the stock's potential undervaluation.

Ten Pao Group Holdings Limited Business Overview & Revenue Model

Company Description

Ten Pao Group Holdings Limited, an investment holding company, develops, manufactures, and sells electric charging products in the People's Republic of China, the rest of Asia, the United States, Europe, Africa, and internationally. It operates through six segments: Telecommunication, Media and Entertainment, Electrical Home Appliances, Lighting, Smart Chargers and Controllers, and Others. The company offers switching power supply units, such as quick chargers, wireless chargers, and adapters; LED power supply products; electric vehicle chargers; switched-mode power supply units; power tools; power inverters; and other power supply solutions for clients in the security, industrial automation and control system, machinery, electrical equipment, and communication applications. It is also involved in trading audio devices, substation cabinets, and power supply devices and raw materials. In addition, the company provides building decoration services. Ten Pao Group Holdings Limited was founded in 1979 and is headquartered in Kwun Tong, Hong Kong.

How the Company Makes Money

Ten Pao Group Holdings Limited generates revenue primarily through the sale of its power supply products, which are integral to a wide array of electronic devices. The company benefits from its vertically integrated manufacturing processes, allowing for cost-effective production and consistent quality. Key revenue streams include direct sales to major electronics manufacturers, which often involve long-term contracts, and collaborations with leading brands in various industries to supply customized power solutions. Additionally, the company's strategic partnerships with technology firms enhance its market reach and contribute to its earnings by ensuring a steady demand for its innovative power supply products.

Ten Pao Group Holdings Limited Financial Statement Overview

Summary

Ten Pao Group Holdings Limited shows robust revenue growth and improved gross profit margins, reflecting effective operational management. The balance sheet suggests a solid capital base with a favorable debt-to-equity ratio and improved ROE. However, the absence of cash flow data in 2024 presents potential concerns regarding liquidity and financial flexibility. Overall, while financial performance is strong, attention to cash flow generation is crucial.

Income Statement

The company demonstrated strong revenue growth from 2023 to 2024 with a 11.67% increase. Gross profit margin improved to 19.46% in 2024 from 18.81% in 2023, indicating efficiency in cost management. However, the net profit margin saw a slight decline to 7.13% in 2024 from 6.82% in 2023, suggesting increased expenses or other financial impacts affecting net income. EBIT and EBITDA margins showed stability, reflecting consistent operational performance.

Balance Sheet

The debt-to-equity ratio improved slightly to 0.38 in 2024 from 0.43 in 2023, indicating a better leverage position. The return on equity (ROE) increased to 20.68% in 2024 from 19.87% in 2023, showing improved profitability relative to shareholder investments. Equity ratio remained strong at 34.32%, suggesting a solid capital structure. The overall financial stability is good, but vigilance on debt levels is advised.

Cash Flow

Significant concern arises from the absence of operating, investing, and free cash flows in 2024, reflecting potential liquidity management issues. In 2023, the operating cash flow to net income ratio was healthy at 1.47, but the current lack of data on cash flows hampers an accurate assessment of the company's cash position and operational efficiency.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
5.39B	4.82B	5.48B	6.36B	4.49B
	Gross Profit
1.05B	907.20M	841.93M	1.01B	790.01M
	EBIT
418.62M	391.45M	316.66M	445.29M	403.92M
	EBITDA
554.37M	567.51M	520.78M	595.25M	474.52M
	Net Income Common Stockholders
383.90M	328.86M	296.90M	378.62M	289.06M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
345.03M	150.48M	511.97M	351.70M	565.43M
	Total Assets
5.41B	4.32B	3.89B	4.17B	3.63B
	Total Debt
705.14M	713.29M	709.29M	746.74M	428.10M
	Net Debt
368.20M	562.82M	197.32M	395.05M	-137.32M
	Total Liabilities
3.56B	2.67B	2.42B	2.81B	2.59B
	Stockholders Equity
1.86B	1.66B	1.41B	1.30B	1.00B
Cash Flow		Free Cash Flow
0.00	177.02M	359.69M	-326.76M	295.35M
	Operating Cash Flow
0.00	484.70M	595.93M	245.16M	552.42M
	Investing Cash Flow
0.00	-294.97M	-230.02M	-607.42M	-251.49M
	Financing Cash Flow
0.00	-377.27M	-191.03M	141.11M	89.33M

Ten Pao Group Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.59
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1979, the sentiment is Positive. The current price of 1.59 is above the 20-day moving average (MA) of 1.57, above the 50-day MA of 1.56, and above the 200-day MA of 1.53, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 54.49 is Neutral, neither overbought nor oversold. The STOCH value of 84.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1979.

Ten Pao Group Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1979	70 Outperform	HK$1.61B	4.19	21.87%	3.33%	11.66%	16.73%
Sector *	66 Neutral	$4.51B	12.29	5.40%	3.67%	4.15%	-12.21%
ANPDF		$34.81B	15.39	28.11%	2.55%	―	―
CHJTF		$13.30B	19.73	13.20%	2.55%	―	―
SNPTF		$9.09B	24.17	11.45%	0.82%	―	―
SZHIF		$10.51B	12.14	18.17%	4.70%	―	―
TTNDF		$21.35B	17.43	18.52%	2.82%	―	―

Ten Pao Group Holdings Limited Corporate Events

Ten Pao Group Announces 2025 AGM and Strategic Resolutions

Ten Pao Group Holdings Limited has announced its 2025 Annual General Meeting, scheduled for June 13, 2025. Key agenda items include the adoption of the 2024 financial statements, declaration of a final dividend, re-election of directors, and re-appointment of auditors. The meeting will also address resolutions on share repurchase and issuance, reflecting the company’s strategic initiatives to enhance shareholder value and maintain its competitive position in the industry.

Ten Pao Group Announces Strong Financial Results for 2024

Ten Pao Group Holdings Limited announced its audited consolidated results for the year ending December 31, 2024, reporting a revenue increase of 11.7% to HK$5,385.7 million, and a gross profit rise of 15.5% to HK$1,048.2 million. The company’s profit before income tax grew by 10.1% to HK$427.0 million, and profit attributable to owners increased by 16.7% to HK$383.9 million, highlighting a strong financial performance and a proposed final dividend of HK6.0 cents per share, pending shareholder approval.

Ten Pao Group Announces Final Dividend for 2024

Ten Pao Group Holdings Limited has announced a final ordinary cash dividend of HKD 0.06 per share for the financial year ending December 31, 2024. This announcement reflects the company’s commitment to returning value to its shareholders, with the payment date set for July 14, 2025, following shareholder approval on June 13, 2025.

Ten Pao Group Announces Upcoming Board Meeting for Annual Results

Ten Pao Group Holdings Limited has announced a board meeting scheduled for March 21, 2025, to approve the company’s consolidated annual results for the year ending December 31, 2024. The meeting will also consider the recommendation for a final dividend, highlighting the company’s commitment to shareholder returns and its operational transparency.