Tongda Hong Tai Holdings Ltd (HK:2363)
:2363
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2363 Stock Chart & Stats
HK$0.39
HK$0.00(0.00%)
At close: 4:00 PM EST
HK$0.39
HK$0.00(0.00%)
Day’s Range― - ―
52-Week RangeHK$0.23 - HK$0.46
Previous CloseN/A
Volume625.00
Average Volume (3M)11.17K
Market Cap
HK$64.33M
Enterprise Value-HK$10.44M
Total Cash (Recent Filing)HK$84.90M
Total Debt (Recent Filing)HK$10.12M
Price to Earnings (P/E)―
Beta-0.30
Next Earnings
Aug 20, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.14
Shares Outstanding204,224,080
10 Day Avg. Volume12,342
30 Day Avg. Volume11,168
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)-0.39
Price to Sales (P/S)1.19
P/FCF Ratio-22.64
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Improving Gross Margins And Smaller LossesThe company has moved gross margins from deeply negative levels to slightly positive in 2023–2025 and materially reduced the scale of losses versus 2021–2022. That improvement indicates operational remediation (cost or mix actions) which, if sustained, supports a structural path to break-even and better long-term margin stability.
Large Reduction In Reported DebtA substantial decline in reported debt dramatically lowers near-term interest and refinancing pressure, improving liquidity headroom and financial flexibility. While equity remains negative, the lower leverage materially reduces immediate solvency stress and gives management more time to pursue operational fixes or restructuring without imminent creditor action.
Occasional Positive Operating And Free Cash FlowThe fact that operating and free cash flow were positive in 2024 shows the business can generate cash under some conditions, demonstrating operational viability at reduced scale. This episodic cash generation, combined with smaller recent cash burn, provides a foundation for rebuilding liquidity and funding targeted turnaround initiatives without constant external financing.
Bears Say
Steep Multi-year Revenue ContractionA collapsing revenue base—an ~83% decline from 2021 to 2025 and a ~36% YoY drop in 2025—erodes scale economics, weakens pricing power and supplier leverage, and makes fixed-cost absorption harder. Structural revenue loss is the most durable threat to recovery because margins and cash generation depend on restoring sustainable top-line demand.
Persistently Negative Shareholders' EquityNegative equity indicates liabilities exceed assets, undermining the capital cushion needed for shocks and impairing the company's ability to raise debt or equity on normal terms. This is a structural solvency concern that limits investment capacity, increases creditor risk, and elevates the probability of forced restructuring absent sustained profit and cash improvements.
Inconsistent Cash Generation And Return To Negative OCFOperating cash flow has been inconsistent and reverted to -3.4M in 2025, showing the company cannot reliably self-fund operations. Persistent negative OCF increases reliance on external financing or asset sales, exacerbates refinancing risk given the weak balance sheet, and constrains ability to invest in recovery measures—an enduring operational vulnerability.
Tongda Hong Tai Holdings Ltd News
2363 FAQ
What was Tongda Hong Tai Holdings Ltd’s price range in the past 12 months?
Tongda Hong Tai Holdings Ltd lowest stock price was HK$0.23 and its highest was HK$0.46 in the past 12 months.
What is Tongda Hong Tai Holdings Ltd’s market cap?
Tongda Hong Tai Holdings Ltd’s market cap is HK$64.33M.
When is Tongda Hong Tai Holdings Ltd’s upcoming earnings report date?
Tongda Hong Tai Holdings Ltd’s upcoming earnings report date is Aug 20, 2026 which is in 115 days.
How were Tongda Hong Tai Holdings Ltd’s earnings last quarter?
Tongda Hong Tai Holdings Ltd released its earnings results on Mar 27, 2026. The company reported -HK$0.142 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$0.142.
Is Tongda Hong Tai Holdings Ltd overvalued?
According to Wall Street analysts Tongda Hong Tai Holdings Ltd’s price is currently Overvalued.
Does Tongda Hong Tai Holdings Ltd pay dividends?
Tongda Hong Tai Holdings Ltd does not currently pay dividends.
What is Tongda Hong Tai Holdings Ltd’s EPS estimate?
Tongda Hong Tai Holdings Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Tongda Hong Tai Holdings Ltd have?
Tongda Hong Tai Holdings Ltd has 204,224,080 shares outstanding.
What happened to Tongda Hong Tai Holdings Ltd’s price movement after its last earnings report?
Tongda Hong Tai Holdings Ltd reported an EPS of -HK$0.142 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Tongda Hong Tai Holdings Ltd?
Currently, no hedge funds are holding shares in HK:2363
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Tongda Hong Tai Holdings Ltd
Tongda Hong Tai Holdings Limited, an investment holding company, manufactures and sells casings for notebooks and tablets in Mainland China. It also offers other related accessories. The company was founded in 2008 and is headquartered in Wan Chai, Hong Kong.
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