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Ta Yang Group Holdings Limited (HK:1991)
:1991
Hong Kong Market

Ta Yang Group Holdings Limited (1991) AI Stock Analysis

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HK

Ta Yang Group Holdings Limited

(1991)

Rating:38Underperform
Price Target:
Ta Yang Group Holdings Limited's overall score reflects significant financial and operational challenges, highlighted by declining revenues, persistent losses, and poor cash flow. The technical analysis indicates a bearish trend, with indicators pointing towards oversold conditions. Valuation metrics underline the company's financial struggles, with negative earnings and no dividend yield. These factors collectively suggest a high-risk investment with limited near-term upside potential.

Ta Yang Group Holdings Limited (1991) vs. iShares MSCI Hong Kong ETF (EWH)

Ta Yang Group Holdings Limited Business Overview & Revenue Model

Company DescriptionTa Yang Group Holdings Limited, an investment holding company, designs, manufactures, and sells silicone rubber input devices in Hong Kong, the People's Republic of China, rest of Asian countries, the United States, Europe, and internationally. It operates through Silicone Rubber and Related Products, and Healthcare and Hotel Services segments. The company's silicone rubber input devices primarily used in consumer electronic devices, keypads for computers and notebooks, mobile phone peripheral products, and automotive peripheral products. In addition, it provides healthcare and hotel services, as well as retail and management services; and trades in silicone rubber. The company was founded in 1991 and is based in Central, Hong Kong. Ta Yang Group Holdings Limited operates as a subsidiary of Lyton Maison Limited.
How the Company Makes MoneyTa Yang Group Holdings Limited generates revenue through the manufacturing and sale of silicone rubber products. Key revenue streams for the company include the sale of silicone rubber keypads to manufacturers of consumer electronics, automotive suppliers, and healthcare device companies. The company benefits from strategic partnerships with major electronics and automotive manufacturers, which contribute significantly to its earnings. Additionally, Ta Yang Group Holdings Limited may engage in research and development activities to innovate and improve its product offerings, thereby enhancing its competitive edge in the market.

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. Management must focus on improving operational efficiency and strengthening the balance sheet to enhance financial health.
Income Statement
35
Negative
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
42
Neutral
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
30
Negative
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
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
970.06M1.21B343.54M362.53M354.19M
Gross Profit
116.59M93.02M83.48M76.28M77.67M
EBIT
-37.81M-91.66M-56.39M-58.09M-40.92M
EBITDA
-26.61M-24.42M-36.19M-37.23M-47.68M
Net Income Common Stockholders
-63.63M-88.03M-98.90M-85.77M-95.83M
Balance SheetCash, Cash Equivalents and Short-Term Investments
11.92M28.02M24.00M59.60M31.80M
Total Assets
616.02M699.19M641.52M788.45M786.34M
Total Debt
240.16M266.07M261.26M78.80M251.59M
Net Debt
228.24M260.75M237.26M19.22M219.82M
Total Liabilities
585.62M631.61M505.14M546.51M508.14M
Stockholders Equity
31.35M74.43M137.46M242.46M275.06M
Cash FlowFree Cash Flow
0.00-6.23M-57.47M-85.92M-4.82M
Operating Cash Flow
-25.24M-1.09M-52.12M-75.49M16.83M
Investing Cash Flow
0.0031.47M37.48M130.46M-2.91M
Financing Cash Flow
0.00-29.53M-29.79M-19.77M-81.23M

Ta Yang Group Holdings Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.78
Price Trends
50DMA
0.77
Positive
100DMA
0.83
Negative
200DMA
0.95
Negative
Market Momentum
MACD
-0.03
Positive
RSI
50.07
Neutral
STOCH
17.10
Positive
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 0.78 is below the 20-day moving average (MA) of 0.78, above the 50-day MA of 0.77, and below the 200-day MA of 0.95, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 50.07 is Neutral, neither overbought nor oversold. The STOCH value of 17.10 is Positive, 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

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
HK$267.30M15.344.62%1.77%6.62%-23.92%
62
Neutral
$6.76B11.072.80%6.34%2.68%-24.87%
52
Neutral
HK$240.00M109.090.80%-2.97%-42.11%
50
Neutral
HK$408.68M8.993.02%1.32%-2.00%7.08%
48
Neutral
HK$67.60M-6.29%-18.60%-40.30%
42
Neutral
HK$50.57M-7.39%60.46%63.36%
38
Underperform
HK$111.81M-137.28%-20.08%27.74%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1991
Ta Yang Group Holdings Limited
0.78
-0.52
-40.00%
HK:1241
Shuanghua Holdings Ltd.
0.10
0.04
66.67%
HK:1930
Shinelong Automotive Lightweight Application Limited
0.40
0.12
42.86%
HK:6162
China Tianrui Automotive Interiors Co., Ltd.
0.12
0.03
33.33%
HK:6163
Gemilang International Ltd.
0.18
-0.03
-14.29%
HK:6830
Huazhong In-Vehicle Holdings Company Limited
0.23
-2.00
-89.69%

Ta Yang Group Holdings Limited Corporate Events

Ta Yang Group Holdings Announces Share Consolidation Proposal
Apr 29, 2025

Ta Yang Group Holdings Limited has announced an extraordinary general meeting (EGM) to be held on May 26, 2025, to discuss and potentially approve a share consolidation plan. The proposal involves consolidating every ten existing shares into one new share, which aims to streamline the company’s share structure and potentially enhance its market position. This move, subject to regulatory approval, could impact shareholder value and the company’s trading dynamics on the stock exchange.

Ta Yang Group Holdings Schedules AGM with Key Resolutions
Apr 28, 2025

Ta Yang Group Holdings Limited has announced the scheduling of its Annual General Meeting (AGM) to be held on June 27, 2025, in Hong Kong. The meeting will cover several key resolutions, including the adoption of the company’s audited financial statements for the year ending December 31, 2024, the re-election of certain directors, and the re-appointment of CL Partners CPA Limited as the company’s auditor. Additionally, the board will seek authorization to manage the company’s share capital, including the issuance of new shares and the handling of treasury shares, within specified limits.

Ta Yang Group Faces Board Compliance Challenge After Director Resignation
Apr 17, 2025

Ta Yang Group Holdings Limited announced the resignation of Ms. Wang Lina as an independent non-executive director and audit committee member, effective April 17, 2025. This change results in non-compliance with Hong Kong Stock Exchange listing rules, which require at least three independent non-executive directors and a minimum of three audit committee members. The company is actively seeking suitable candidates to fill these vacancies within three months to restore compliance.

Ta Yang Group Holdings Limited Announces Board Composition
Apr 17, 2025

Ta Yang Group Holdings Limited has announced the composition of its board of directors, which includes a mix of executive, non-executive, and independent non-executive directors. This announcement outlines the roles and committee memberships of each director, highlighting the company’s governance structure and potentially impacting its strategic direction and stakeholder engagement.

Ta Yang Group Announces Share Consolidation and Board Lot Size Change
Apr 16, 2025

Ta Yang Group Holdings Limited has announced a proposed share consolidation and change in board lot size. The company plans to consolidate every ten existing shares into one consolidated share, increasing the par value from HK$0.1 to HK$1.0, subject to shareholder approval. This move aims to streamline the company’s share structure and potentially enhance trading efficiency. The change in board lot size will see the trading lot increase from 2,000 existing shares to 10,000 consolidated shares, reflecting the consolidation’s impact on share value.

Ta Yang Group Announces Key Management Change
Apr 11, 2025

Ta Yang Group Holdings Limited, a company incorporated in the Cayman Islands, announced a change in its company secretary and authorized representative roles. Ms. Xu Jiayuan has resigned from her positions, and Mr. Lam Kai Kei has been appointed as her replacement effective April 11, 2025. Mr. Lam brings over 15 years of experience in corporate governance and financial management, having held various roles in listed companies and international audit firms. This transition is expected to strengthen the company’s governance and operational capabilities.

Ta Yang Group Holdings Updates on Share Issuance and Fund Allocation
Apr 7, 2025

Ta Yang Group Holdings Limited has announced a supplemental update regarding the issuance of shares under a general mandate. The company plans to use the approximately HK$12 million in net proceeds primarily as working capital to support its business development, particularly in the digital marketing sector. The funds will be allocated towards purchasing digital marketing hardware and equipment, developing digital marketing system software, and covering legal and professional fees. Shareholders and potential investors are advised to exercise caution as the completion of the subscriptions is subject to certain conditions.

Ta Yang Group Holdings Limited Terminates Proposed Rights Issue
Apr 1, 2025

Ta Yang Group Holdings Limited, a company incorporated in the Cayman Islands, announced the termination of its proposed Rights Issue due to unmet conditions. The Board stated that this decision will not adversely affect the company’s business operations or financial position. The company plans to explore alternative fundraising opportunities to enhance its financial standing.

Ta Yang Group Holdings Announces Share Issuance to Raise HK$12 Million
Apr 1, 2025

Ta Yang Group Holdings Limited has entered into Subscription Agreements to issue 120 million shares at HK$0.1 per share, representing approximately 9.14% of its existing issued shares. The net proceeds of HK$12 million will be used as general working capital to support the company’s business development, including its digital marketing initiatives.

Ta Yang Group Reports Decreased Revenue but Reduced Losses for 2024
Mar 28, 2025

Ta Yang Group Holdings Limited reported its audited consolidated results for the year ended December 31, 2024, showing a decrease in revenue from HK$1,213,830,000 in 2023 to HK$970,061,000 in 2024. Despite a rise in gross profit to HK$116,587,000, the company experienced a net loss of HK$53,139,000, which is an improvement from the previous year’s loss of HK$85,709,000. The results indicate ongoing financial challenges, but a reduction in losses suggests potential steps towards recovery.

Ta Yang Group Schedules Board Meeting for Annual Results Approval
Mar 18, 2025

Ta Yang Group Holdings Limited has announced that its Board of Directors will meet on March 28, 2025, to consider and approve the company’s annual results for the year ending December 31, 2024. The meeting will also address the potential payment of a final dividend. This announcement indicates the company’s ongoing commitment to transparency and shareholder engagement, as the approval and publication of annual results are crucial for stakeholders to assess the company’s financial health and strategic direction.

Ta Yang Group Announces Board Restructuring
Feb 18, 2025

Ta Yang Group Holdings Limited announced changes in its board structure with the resignation of Mr. Zheng Changxing as an independent non-executive director, who left to focus on personal affairs. Mr. Zheng’s departure was amicable, with no disagreements reported. The company appointed Dr. Feng Xin as the new independent non-executive director, effective February 18, 2025. Dr. Feng, who has a background in private equity fund management and litigation law, will also take on roles in the company’s remuneration, audit, and nomination committees. These changes reflect the company’s ongoing efforts to comply with listing rules and strengthen its governance structure.

Ta Yang Group Holdings Limited Announces Board Composition
Feb 18, 2025

Ta Yang Group Holdings Limited has announced the composition of its Board of Directors, which includes nine members categorized into executive, non-executive, and independent non-executive roles. The company also detailed the membership of its four Board committees, enhancing its governance structure and demonstrating a commitment to maintaining a robust leadership framework.

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.