Tian Chang Group Holdings Ltd. (2182) AI Stock Analysis

• Market Cap: HK$223.20M
• Dividend Yield: 4.17%
• Average Volume (3M): 25.20K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.08
• Revenue Growth: -22.64%
• EPS Growth: -158.20%
• Country: HK
• Employees: 917
• Sector: Industrials
• Sector Strength: 83
• Industry: Conglomerates
• EPS (TTM): -0.02
• Shares Outstanding: 620,000,000
• 10 Day Avg. Volume: 33,600
• 30 Day Avg. Volume: 25,200
• PEG Ratio: 0.37
• Price to Book (P/B): 0.31
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.74
• 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: 56 Neutral
• Price Target: ―

Tian Chang Group Holdings Ltd. faces substantial operational and profitability challenges, reflected in declining revenues and negative earnings. Strong equity and reduced debt provide some financial stability but are offset by liquidity concerns due to the lack of operating cash flow. The stock shows moderate technical momentum, but valuation is a concern due to the negative P/E ratio. The high dividend yield offers some compensation, though the underlying financial issues pose risks.

Tian Chang Group Holdings Ltd. Business Overview & Revenue Model

Company Description

Tian Chang Group Holdings Ltd. (2182) is a Hong Kong-based investment holding company operating primarily in the manufacturing sector. The company is engaged in the production and sale of electronic components and plastic injection molds, with a diverse product range catering to various industries including electronics, automotive, and consumer goods. Tian Chang Group is known for its focus on high-quality manufacturing processes and innovation in product design.

How the Company Makes Money

Tian Chang Group Holdings Ltd. generates revenue through the manufacturing and sale of electronic components and plastic injection molds. The company's primary revenue streams include sales of its products to a wide range of industries such as electronics, automotive, and consumer goods. It leverages its expertise in manufacturing to provide customized solutions to clients, thereby enhancing its value proposition. Strategic partnerships with key industry players and continuous investment in research and development contribute to the company's revenue growth and competitive advantage in the market.

Tian Chang Group Holdings Ltd. Financial Statement Overview

Summary

Tian Chang Group Holdings Ltd. faces significant challenges with declining revenues and negative earnings, impacting profitability. While the company has reduced debt and maintained a strong equity base, the lack of positive operational cash flow in 2024 raises concerns about liquidity and future growth prospects.

Income Statement

The company has experienced a significant decline in revenue and profitability over recent years, with a notable decrease in total revenue from 2022 to 2024 and negative EBIT and net income in 2024. Gross profit margin has also declined considerably. These factors indicate challenges in maintaining revenue growth and profitability.

Balance Sheet

The balance sheet shows a strong equity base with a high equity ratio, indicating financial stability. The company has managed to reduce total debt significantly over the years, which has strengthened its financial position. However, the declining stockholders' equity and asset base could pose risks if the trend continues.

Cash Flow

The cash flow from operations has been volatile, with a substantial drop to zero in 2024. Despite positive free cash flow in 2023, the lack of operating cash flow in 2024 suggests potential liquidity issues. The significant reduction in capital expenditures may help conserve cash but also signals limited investment in growth.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
539.61M	697.51M	1.14B	1.12B	787.39M
	Gross Profit
110.12M	135.91M	260.07M	253.86M	193.70M
	EBIT
-31.85M	-12.39M	123.78M	128.12M	95.98M
	EBITDA
32.99M	67.81M	173.41M	171.09M	143.46M
	Net Income Common Stockholders
-13.66M	23.46M	105.94M	96.26M	73.71M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
129.99M	132.59M	135.52M	114.67M	116.97M
	Total Assets
924.31M	974.38M	1.20B	1.35B	1.16B
	Total Debt
41.87M	65.76M	132.53M	246.26M	257.42M
	Net Debt
-87.58M	-66.83M	-2.99M	131.59M	140.46M
	Total Liabilities
179.37M	191.62M	412.87M	592.25M	525.06M
	Stockholders Equity
744.94M	782.76M	781.73M	754.79M	638.23M
Cash Flow		Free Cash Flow
0.00	91.05M	139.33M	31.79M	-14.92M
	Operating Cash Flow
35.94M	96.26M	144.08M	94.28M	84.28M
	Investing Cash Flow
0.00	-3.25M	-2.21M	-54.10M	-86.52M
	Financing Cash Flow
-43.67M	-92.78M	-132.18M	-45.15M	35.51M

Tian Chang Group Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.36
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2182, the sentiment is Positive. The current price of 0.36 is above the 20-day moving average (MA) of 0.35, above the 50-day MA of 0.34, and above the 200-day MA of 0.34, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.08 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2182.

Tian Chang Group Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3606	74 Outperform	HK$160.02B	18.14	22.05%	3.43%	16.33%	30.60%
3316	71 Outperform	HK$6.79B	11.45	36.29%	10.33%	25.93%	8.97%
Sector *	66 Neutral	$4.46B	12.11	5.38%	5.02%	4.17%	-11.82%
2182	56 Neutral	HK$223.20M	―	-1.79%	4.17%	-22.64%	-158.20%
3318	51 Neutral	HK$2.00B	94.02	0.59%	―	-21.05%	-87.68%
3818	50 Neutral	HK$2.43B	―	-0.99%	14.65%	-0.16%	-189.58%
3398	34 Underperform	HK$209.98M	―	-27.12%	―	-3.47%	-33.16%

Tian Chang Group Holdings Ltd. Corporate Events

Tian Chang Group Holdings Ltd. Announces 2025 Annual General Meeting

Tian Chang Group Holdings Ltd. has announced its upcoming annual general meeting, scheduled for May 29, 2025, in Hong Kong. The meeting will address several key agenda items, including the review of the company’s financial statements for the year ending December 31, 2024, the re-election of directors, and the re-appointment of the company’s auditor. Additionally, shareholders will consider resolutions related to the company’s share capital, including authorizing the directors to allot and issue additional shares under specified conditions. These decisions are crucial for the company’s governance and strategic planning, potentially impacting its market operations and shareholder value.

Tian Chang Group Holdings Reports 2024 Financial Loss Amid Revenue Decline

Tian Chang Group Holdings Ltd. reported its annual financial results for the year ended December 31, 2024, revealing a decline in revenue from HK$697.5 million in 2023 to HK$539.6 million in 2024. The company experienced a net loss of HK$13.7 million compared to a profit of HK$23.5 million the previous year, primarily due to increased administrative expenses and a decrease in other income. This financial downturn may impact the company’s market position and stakeholder confidence.

Tian Chang Group Holdings to Review Annual Results and Dividend

Tian Chang Group Holdings Ltd. has announced that its board of directors will meet on March 28, 2025, to review and approve the company’s annual financial results for the year ending December 31, 2024. The meeting will also consider the recommendation for a final dividend payment, which could impact shareholder returns and reflect the company’s financial health and strategic direction.

Tian Chang Group Issues Profit Warning Amid Revenue Decline

Tian Chang Group Holdings Ltd. has issued a profit warning, forecasting a significant revenue decrease of approximately 23% to 24% and an expected net loss for 2024 compared to 2023. The decline is attributed to reduced sales in its integrated plastic solutions and e-cigarettes segments due to global economic challenges and cautious consumer spending. Despite these setbacks, the company does not foresee changes to its credit or liquidity risks and aims to adapt its strategies to evolving market conditions.