Tongda Hong Tai Holdings Ltd (2363) AI Stock Analysis

• Market Cap: HK$83.44M
• Dividend Yield: N/A
• Average Volume (3M): 11.17K
• Price to Earnings (P/E): 24.4
• Beta (1Y): -0.35
• Revenue Growth: 53.37%
• EPS Growth: -75.77%
• Country: HK
• Employees: 22
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.03
• Shares Outstanding: 216,720,860
• 10 Day Avg. Volume: 12,342
• 30 Day Avg. Volume: 11,168
• PEG Ratio: 0.04
• Price to Book (P/B): -0.36
• Price to Sales (P/S): 0.87
• P/FCF Ratio: 27.70
• 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: 43 Neutral
• Price Target: HK$0.50 ▲(56.25% Upside)

The overall stock score is primarily impacted by weak financial performance and bearish technical indicators. While the valuation is moderate, the lack of dividend yield and negative market momentum weigh heavily on the stock's attractiveness.

Tongda Hong Tai Holdings Ltd Business Overview & Revenue Model

Company Description

Tongda Hong Tai Holdings Ltd (2363) is a Hong Kong-based company primarily engaged in the manufacturing and trading of consumer electronic components. It specializes in the production of casings for mobile phones, electrical appliances, and other consumer electronic products. The company operates through various segments, focusing on delivering high-quality products to a global clientele.

How the Company Makes Money

Tongda Hong Tai Holdings Ltd generates revenue primarily through the sale of its manufactured casings and electronic components. These products are supplied to various consumer electronics manufacturers, which integrate them into their finished goods. The company benefits from long-term relationships with several key players in the electronics industry, ensuring a steady demand for its products. In addition to its core manufacturing activities, the company may engage in strategic partnerships or collaborations that enhance its market presence and expand its customer base.

Tongda Hong Tai Holdings Ltd Financial Statement Overview

Summary

The company faces significant financial challenges with declining revenues, persistent losses, and high leverage. Despite some positive cash flow developments, overall profitability and financial health remain concerns.

Income Statement

The company has been experiencing declining revenues with a significant drop from 2020 to 2024. Net profit margins are negative due to consistent net losses, and EBIT and EBITDA margins are also well below zero, indicating a lack of operational profitability. There is a slight improvement in gross profit margin in 2024, but overall financial performance remains weak.

Balance Sheet

The company is highly leveraged with negative stockholders' equity, leading to an unfavorable debt-to-equity ratio. The equity ratio is negative, reflecting a capital structure dominated by liabilities. Negative return on equity further highlights the company's inability to generate returns on shareholders' investments.

Cash Flow

While operating cash flow turned positive in 2024, free cash flow remains low. The operating cash flow to net income ratio is improving, indicating better cash management, but free cash flow to net income is still weak. Overall, cash flow stability is lacking, though there are signs of potential improvement.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	100.62M	71.59M	91.26M	150.54M	370.69M	472.37M
Gross Profit	11.90M	3.20M	331.00K	-113.93M	-110.78M	-17.46M
EBITDA	17.13M	-11.64M	-23.86M	-213.23M	-178.37M	-132.00M
Net Income	3.22M	-25.66M	-37.85M	-231.42M	-196.96M	-165.27M
Balance Sheet
Total Assets	158.49M	164.61M	87.70M	146.38M	433.85M	611.89M
Cash, Cash Equivalents and Short-Term Investments	81.37M	85.29M	6.28M	7.60M	11.04M	36.71M
Total Debt	284.60M	261.09M	73.28M	213.69M	305.08M	284.91M
Total Liabilities	334.49M	336.00M	320.90M	349.80M	476.85M	467.86M
Stockholders Equity	-176.00M	-171.39M	-233.20M	-203.42M	-43.00M	144.03M
Cash Flow
Free Cash Flow	-4.03M	2.24M	-4.76M	-30.90M	-34.26M	33.48M
Operating Cash Flow	-4.03M	2.24M	-4.17M	-29.71M	-27.66M	40.76M
Investing Cash Flow	3.94M	7.74M	7.46M	-1.33M	-6.49M	-6.85M
Financing Cash Flow	-6.43M	68.37M	-3.97M	26.53M	11.60M	-29.88M

Tongda Hong Tai Holdings Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.32
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2363, the sentiment is Negative. The current price of 0.32 is below the 20-day moving average (MA) of 0.38, below the 50-day MA of 0.39, and below the 200-day MA of 0.34, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 29.47 is Positive, neither overbought nor oversold. The STOCH value of 29.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2363.

Tongda Hong Tai Holdings Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8070	69 Neutral	HK$128.00M	8.00	16.11%	―	25.67%	-6.77%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
0889	55 Neutral	HK$126.40M	-2.99	-5.46%	―	-17.44%	-66.75%
8113	47 Neutral	HK$51.60M	-11.34	-3.56%	―	-13.62%	40.15%
0675	45 Neutral	HK$101.46M	―	-1.26%	15.38%	-6.48%	74.69%
2363	43 Neutral	HK$83.44M	24.37	―	―	53.37%	-75.77%
0515	38 Underperform	HK$49.40M	―	―	―	-84.61%	-14.10%

Tongda Hong Tai Holdings Ltd Corporate Events

Tongda Hong Tai Holdings Sees Significant Revenue and Profit Growth in H1 2025

Tongda Hong Tai Holdings Limited reported a significant financial turnaround for the six months ending June 30, 2025, with a 136.8% increase in revenue to HK$50.2 million and a net profit of HK$5.2 million, compared to a net loss of HK$23.7 million in the same period of 2024. This improvement highlights the company’s enhanced operational efficiency and financial health, potentially strengthening its position in the market and positively impacting stakeholders.

The most recent analyst rating on (HK:2363) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tongda Hong Tai Holdings Ltd stock, see the HK:2363 Stock Forecast page.

Tongda Hong Tai Holdings Announces Turnaround to Profit in 2025

Tongda Hong Tai Holdings Limited has announced a positive profit alert, indicating a significant turnaround from a loss to a profit for the first half of 2025. The company’s revenue increased to approximately HK$50,206,000, up from HK$21,181,000 in the same period in 2024, with a net profit of approximately HK$5,204,000 compared to a net loss of HK$23,674,000 in the previous year. This improvement is attributed to the launch of a new business segment in robot vacuum casing, better gross profit margins through strategic optimization and cost control, reduced impairment on assets, and favorable currency exchange gains.

The most recent analyst rating on (HK:2363) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Tongda Hong Tai Holdings Ltd stock, see the HK:2363 Stock Forecast page.

Tongda Hong Tai Holdings to Announce Interim Results and Consider Dividend

Tongda Hong Tai Holdings Limited has announced that its board of directors will hold a meeting on August 28, 2025, to approve and announce the company’s unaudited interim results for the first half of 2025. The meeting will also consider the payment of an interim dividend, which could have implications for the company’s financial strategy and shareholder returns.