Ta Yang Group Holdings Limited (1991) AI Stock Analysis

• Market Cap: HK$233.93M
• Dividend Yield: N/A
• Average Volume (3M): 481.20K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.17
• Revenue Growth: -38.26%
• EPS Growth: 35.05%
• Country: HK
• Employees: 715
• Sector: Communication Services
• Sector Strength: 97
• Industry: Auto - Parts
• EPS (TTM): -0.08
• Shares Outstanding: 172,006,700
• 10 Day Avg. Volume: 365,950
• 30 Day Avg. Volume: 481,198
• PEG Ratio: 0.74
• Price to Book (P/B): 41.70
• Price to Sales (P/S): 1.35
• P/FCF Ratio: -34.76
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: HK$1.50 ▲(14.50% Upside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenues, persistent losses, and poor cash flow. Technical analysis provides some stability in the short term, but medium-term signals are weak. Valuation metrics are unattractive due to negative earnings and the absence of dividends.

Ta Yang Group Holdings Limited Business Overview & Revenue Model

Company Description

Ta Yang Group Holdings Limited (1991) is a Hong Kong-based investment holding company primarily engaged in the manufacturing and trading of a wide range of products, including but not limited to electrical appliances, electronic components, and consumer goods. The company operates across various sectors with a focus on providing high-quality products to meet consumer demands. Additionally, Ta Yang Group is involved in supply chain management and logistics services, enhancing its overall business operations and market reach.

How the Company Makes Money

Ta Yang Group Holdings Limited generates its revenue through multiple channels, including the sale of manufactured goods, trading activities, and supply chain management services. The company earns money by producing and distributing electrical appliances and electronic components, which are sold to both domestic and international markets. Key revenue streams include direct sales to retailers, partnerships with distributors, and contracts with manufacturers for supply chain logistics. Significant partnerships with established brands and retailers help to secure steady orders and enhance market presence, contributing to the overall earnings of the company.

Ta Yang Group Holdings Limited Financial Statement Overview

Summary

Ta Yang Group Holdings Limited faces significant financial challenges, with declining revenues, persistent losses, high leverage, and poor cash flow generation. These factors collectively indicate a struggling financial state that poses risks to long-term sustainability.

Income Statement

The income statement reveals a challenging financial situation, with declining revenues and negative profitability metrics. Gross profit margin was 12.02% for the latest period, showing a decrease from the prior year. Net profit margin remains negative at -6.56%, indicating ongoing losses. Revenue has decreased over the last two years, with a significant decline from 2022 to 2023. EBIT and EBITDA margins are also negative, reflecting operating inefficiencies.

Balance Sheet

The balance sheet shows a weak equity position and high leverage. The debt-to-equity ratio is significantly high, indicating potential solvency risks. Return on equity is negative due to continued losses. The equity ratio stands at 5.09%, showing a low proportion of assets funded by equity, which raises concerns about financial stability.

Cash Flow

Cash flow analysis highlights severe cash management challenges, with negative operating cash flow and free cash flow in recent periods. The company is struggling to generate cash from operations, reflected in a zero or negative free cash flow. The absence of positive cash flow to net income ratios indicates an inability to convert profits into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	746.63M	970.06M	1.21B	343.54M	362.53M	354.19M
Gross Profit	141.26M	116.59M	93.02M	83.48M	76.28M	77.67M
EBITDA	22.57M	-26.61M	-24.42M	-36.19M	-37.44M	-47.68M
Net Income	-56.91M	-63.63M	-88.03M	-98.06M	-84.90M	-95.83M
Balance Sheet
Total Assets	713.13M	616.02M	699.19M	641.52M	788.45M	786.34M
Cash, Cash Equivalents and Short-Term Investments	7.30M	11.92M	28.02M	24.00M	59.60M	31.80M
Total Debt	240.25M	240.16M	266.07M	261.26M	78.80M	251.59M
Total Liabilities	678.52M	585.62M	631.61M	505.14M	546.51M	508.14M
Stockholders Equity	21.02M	31.35M	74.43M	137.46M	242.46M	275.06M
Cash Flow
Free Cash Flow	6.42M	-37.61M	-6.23M	-57.47M	-85.92M	-4.82M
Operating Cash Flow	18.78M	-25.24M	-1.09M	-52.12M	-75.49M	16.83M
Investing Cash Flow	-27.46M	-8.80M	31.47M	37.48M	130.46M	-2.91M
Financing Cash Flow	-4.43M	3.41M	-29.53M	-29.79M	-19.77M	-81.23M

Ta Yang Group Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.31
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1991, the sentiment is Positive. The current price of 1.31 is below the 20-day moving average (MA) of 1.31, below the 50-day MA of 1.36, and above the 200-day MA of 0.98, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 49.22 is Neutral, neither overbought nor oversold. The STOCH value of 50.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1991.

Ta Yang Group Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1930	61 Neutral	HK$247.50M	13.44	4.80%	1.92%	3.40%	20.78%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
6830	54 Neutral	HK$486.53M	9.11	3.56%	1.16%	14.93%	19.84%
6162	50 Neutral	HK$1.06B	-2,650.00	-0.12%	―	23.71%	-112.50%
1241	48 Neutral	HK$137.15M	-7.99	-5.93%	―	-73.61%	-2.33%
1991	44 Neutral	HK$233.93M	-3.07	-169.48%	―	-38.26%	35.05%
6163	44 Neutral	HK$70.47M	-4.74	-11.68%	―	35.28%	25.28%

Ta Yang Group Holdings Limited Corporate Events

Ta Yang Group Explores Strategic Investment in Real World Assets Platform

Ta Yang Group Holdings Limited has entered into a non-legally binding memorandum of understanding with Coinvex Limited for a potential strategic investment in a service platform focused on real world assets (RWA). This move is part of the company’s strategy to explore digital business opportunities and promote business diversification, aiming to enhance its competitiveness in the digital asset ecosystem and create long-term value for shareholders. The potential investment aligns with the company’s Web4.0 digital finance strategy, although it is not yet legally binding, and the investment may or may not proceed.

The most recent analyst rating on (HK:1991) stock is a Sell with a HK$1.00 price target. To see the full list of analyst forecasts on Ta Yang Group Holdings Limited stock, see the HK:1991 Stock Forecast page.

Ta Yang Group Enters Strategic Cooperation for Digital Expansion

Ta Yang Group Holdings Limited has entered into a non-legally binding strategic cooperation memorandum of understanding with Ark Holdings (Shenzhen) Group Co., Ltd. to establish a joint venture in Hong Kong. This collaboration aims to develop digital business, focusing on enterprise RWA digital transformation and AI-enabled enterprise overseas expansion. The partnership is expected to expand new business models integrating digital technology with the real economy and enhance the company’s competitiveness by leveraging the partner’s technology and resources.

The most recent analyst rating on (HK:1991) stock is a Sell with a HK$1.00 price target. To see the full list of analyst forecasts on Ta Yang Group Holdings Limited stock, see the HK:1991 Stock Forecast page.

Ta Yang Group Holdings Limited Provides Update on Share Option Scheme

Ta Yang Group Holdings Limited, a company incorporated in the Cayman Islands, announced supplementary information regarding its share option scheme for the year ended 31 December 2024. As of both 1 January and 31 December 2024, the company had 87,117,800 share options available for grant, representing approximately 6.63% of the total issued shares. No share options were granted during this period, and the announcement does not affect other information in the annual report.

Ta Yang Group Completes Share Subscription, Alters Shareholding Structure

Ta Yang Group Holdings Limited, a company incorporated in the Cayman Islands, has announced the completion of the remaining part of its share subscriptions under a general mandate. The completion of the subscription agreement with Subscriber IV has resulted in changes to the company’s shareholding structure, with a slight dilution of existing shareholders’ percentages. This development may impact the company’s market positioning and stakeholder interests by potentially increasing its capital base and altering control dynamics.

Ta Yang Group Holdings Contemplates Rights Issue for Strategic Growth

Ta Yang Group Holdings Limited has announced a potential rights issue to support its strategic transformation and RWA ecosystem deployment. The funds raised will be used for AI digital human R&D, asset portfolio construction, cryptocurrency purchases, and working capital replenishment, highlighting the company’s commitment to future business development.

Ta Yang Group Completes Share Subscription with Subscriber III

Ta Yang Group Holdings Limited has completed part of its share subscription under a general mandate, specifically the agreement with Subscriber III. This completion, effective as of September 15, 2025, alters the company’s shareholding structure, with Subscriber III now holding a 2.16% stake. The changes in shareholding reflect strategic financial maneuvers that could impact the company’s market positioning and stakeholder interests.

Ta Yang Group Completes Partial Share Subscription, Alters Shareholding Structure

Ta Yang Group Holdings Limited has completed part of its share subscription under a general mandate, involving an agreement with Subscriber I. This completion impacts the company’s shareholding structure, reducing the percentage of shares held by Lyton Maison Limited and other public shareholders while introducing Subscriber I as a new significant shareholder.

Ta Yang Group Reports Interim Profit Amid Revenue Decline

Ta Yang Group Holdings Limited reported its unaudited interim results for the six months ending June 30, 2025, showing a significant decrease in revenue from HK$514,096,000 in 2024 to HK$290,663,000 in 2025. Despite the revenue drop, the company managed to turn a profit of HK$2,411,000 compared to a loss of HK$31,657,000 in the same period last year, indicating improved cost management and operational efficiency.

Ta Yang Group Completes Share Subscription Agreements

Ta Yang Group Holdings Limited has completed part of its share subscription agreements with Subscriber II and Subscriber V under a general mandate, as announced by the company’s board. This completion, effective from August 19, 2025, impacts the company’s shareholding structure, with notable changes in the percentage of shares held by different stakeholders, including a decrease in Lyton Maison Limited’s shareholding percentage and the introduction of new shares held by Subscriber II and Subscriber V.

Ta Yang Group Holdings Schedules Board Meeting for Interim Results

Ta Yang Group Holdings Limited has announced a board meeting scheduled for August 29, 2025, to discuss and approve the interim results for the first half of the year ending June 30, 2025. The meeting will also consider the payment of an interim dividend, highlighting the company’s ongoing financial activities and potential shareholder returns.