Tongdao Liepin Group (6100) AI Stock Analysis

• Market Cap: HK$1.88B
• Dividend Yield: N/A
• Average Volume (3M): 2.02M
• Price to Earnings (P/E): 12.5
• Beta (1Y): 2.12
• Revenue Growth: -10.48%
• EPS Growth: 30250.00%
• Country: HK
• Employees: 4,122
• Sector: Industrials
• Sector Strength: 93
• Industry: Staffing & Employment Services
• EPS (TTM): N/A
• Shares Outstanding: 514,483,760
• 10 Day Avg. Volume: 1,907,485
• 30 Day Avg. Volume: 2,020,021
• PEG Ratio: 0.08
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: HK$4.00
• Price Target Upside: 8.11% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 68 Neutral
• Price Target: HK$4.00 ▲(8.11%Upside)

The overall stock score reflects a balance of strong financial performance and fair valuation weighed against neutral technical indicators. The company's robust profitability and financial stability provide a solid foundation, while the technical indicators suggest caution due to lack of clear upward momentum. The stock's valuation appears reasonable but not particularly attractive, impacting the overall score.

Tongdao Liepin Group Business Overview & Revenue Model

Company Description

Tongdao Liepin Group, an investment holding company, provides talent acquisition services in the People's Republic of China. The company operates Liepin, a talent acquisition platform, which offers online recruitment services for headhunters, business users, and individual users. It also operates Duomian, a video-based talent platform that allows job descriptions of business users and self-introductions of individual users in short video format; Xunhou, a staffing platform, which provides staffing SaaS solutions, such as human resource outsourcing, recruitment outsourcing, personnel agency, and campus recruitment; Lebanban, a training and assessment platform that offers employee learning and development solutions comprising training courses and employee performance evaluation; and Wenjuanxing, a survey SaaS platform, which provides data collection, storage, and analysis, as well as offers Liepin Campus, a campus recruitment solution, including online/offline campus presentation, employer branding, etc. In addition, it offers online survey and education services. The company was formerly known as Wise Talent Information Technology Co., Ltd and changed its name to Tongdao Liepin Group in July 2020. Tongdao Liepin Group was incorporated in 2018 and is headquartered in Beijing, the People's Republic of China.

How the Company Makes Money

Tongdao Liepin Group generates revenue primarily through its online recruitment services. The company charges employers for job postings and recruitment services on its platform. It also offers premium services such as headhunting and personalized recruitment solutions, which command higher fees. Additionally, the company may earn revenue from career development services offered to job seekers, including resume enhancements and career coaching. Partnerships with other businesses and institutions for recruitment and career services can also contribute to its earnings.

Tongdao Liepin Group Financial Statement Overview

Summary

Tongdao Liepin Group demonstrates strong profitability and financial stability with robust gross margins and a solid balance sheet. However, inconsistency in revenue growth and net profit margins highlight the need for improved cost control and competitive positioning. The company's cash flow position is generally positive, supporting its operational needs, but reflects some variability.

Income Statement

Tongdao Liepin Group's income statement shows solid gross profit margins, consistently above 75%, indicating strong cost management and pricing power. However, the net profit margin has fluctuated, with a significant drop in 2023, pointing to challenges in controlling non-operating expenses. Revenue growth has been erratic, with a decline in recent periods, reflecting market volatility or increased competition. EBIT and EBITDA margins are moderate, suggesting potential for operational improvements.

Balance Sheet

The balance sheet is strong, with a low debt-to-equity ratio indicating low financial leverage and a high equity ratio of over 60%, implying financial stability. Return on equity shows some volatility, affected by inconsistent net income. The company maintains a healthy cash position, providing a buffer against economic uncertainties.

Cash Flow

Cash flow analysis reveals a positive trend in free cash flow, albeit with fluctuations. The operating cash flow to net income ratio indicates efficient cash generation, but recent free cash flow growth suggests some instability in cash management. The company has been able to generate sufficient cash from operations to cover investment needs.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.08B	2.28B	2.64B	2.65B	1.87B
Gross Profit	1.58B	1.70B	2.05B	2.07B	1.46B
EBITDA	126.07M	156.63M	259.94M	359.55M	226.69M
Net Income	133.45M	750.00K	89.59M	191.43M	92.82M
Balance Sheet
Total Assets	4.58B	4.53B	4.92B	4.89B	4.45B
Cash, Cash Equivalents and Short-Term Investments	2.48B	2.28B	2.90B	1.43B	2.73B
Total Debt	147.64M	133.98M	178.16M	146.93M	114.19M
Total Liabilities	1.30B	1.36B	1.58B	1.69B	1.41B
Stockholders Equity	3.06B	2.89B	3.07B	2.98B	2.87B
Cash Flow
Free Cash Flow	71.62M	5.79M	118.29M	661.75M	447.14M
Operating Cash Flow	92.54M	18.33M	143.10M	697.32M	466.29M
Investing Cash Flow	179.11M	514.89M	60.68M	-551.21M	-90.72M
Financing Cash Flow	-129.13M	-343.33M	-226.48M	-166.38M	-215.86M

Tongdao Liepin Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.70
• 50DMA: Positive
• 100DMA: Negative
• 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:6100, the sentiment is Positive. The current price of 3.7 is above the 20-day moving average (MA) of 3.65, above the 50-day MA of 3.57, and above the 200-day MA of 3.29, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.51 is Neutral, neither overbought nor oversold. The STOCH value of 76.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6100.

Tongdao Liepin Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2180	78 Outperform	HK$998.10M	6.90	10.74%	6.44%	16.07%	0.77%
8462	75 Outperform	HK$48.60M	2.56	15.12%	―	-17.45%	77.78%
6100	68 Neutral	HK$1.88B	12.45	4.48%	―	-10.48%	30250.00%
Sector *	65 Neutral	$10.90B	15.41	5.26%	1.89%	3.11%	-26.85%
8031	61 Neutral	HK$59.13M	―	-13.66%	―	―	―
8042	50 Neutral	HK$32.80M	―	-4.27%	―	48.57%	38.46%
6919	48 Neutral	HK$610.64M	10.94	-5.73%	2.26%	20.23%	-275.42%

Tongdao Liepin Group Corporate Events

Tongdao Liepin Group Engages in Significant Wealth Management Subscriptions

Tongdao Liepin Group has announced a series of subscriptions to wealth management products through its subsidiaries, involving a total principal amount of RMB298 million. These transactions, funded by the company’s surplus cash reserves, are classified as discloseable transactions under the Listing Rules, requiring notification and announcement but exempt from shareholder approval. The investments are principal-guaranteed with a low-risk level and offer an annualized return between 1.15% and 2.40%, reflecting the company’s strategic financial management and investment approach.

The most recent analyst rating on (HK:6100) stock is a Buy with a HK$6.20 price target. To see the full list of analyst forecasts on Tongdao Liepin Group stock, see the HK:6100 Stock Forecast page.

Tongdao Liepin Group AGM Approves Key Resolutions

At the annual general meeting held on June 12, 2025, Tongdao Liepin Group successfully passed all proposed resolutions. Key decisions included the re-election of directors, re-appointment of auditors, and granting of mandates to the board for share buy-backs and issuance. These resolutions indicate a stable governance structure and strategic flexibility for the company, potentially enhancing its market position and shareholder value.

The most recent analyst rating on (HK:6100) stock is a Buy with a HK$2.70 price target. To see the full list of analyst forecasts on Tongdao Liepin Group stock, see the HK:6100 Stock Forecast page.

Tongdao Liepin Group Engages in Wealth Management Product Subscriptions

Tongdao Liepin Group has announced the subscription of wealth management products through its subsidiaries, utilizing surplus cash reserves. The transactions, involving structured deposit products with XIB, total RMB200 million and are classified as discloseable transactions under the Hong Kong Stock Exchange’s Listing Rules, requiring notification and announcement but not shareholder approval.

The most recent analyst rating on (HK:6100) stock is a Buy with a HK$2.70 price target. To see the full list of analyst forecasts on Tongdao Liepin Group stock, see the HK:6100 Stock Forecast page.

Tongdao Liepin Group Realigns Employee Incentives with Option Re-grant

Tongdao Liepin Group announced the cancellation and re-granting of 100,000 stock options to an eligible employee under its Post-IPO Share Option Scheme. The decision was made as the previously granted options had lapsed due to employee departures and no longer served as effective incentives due to high exercise prices compared to market prices. This move aims to realign employee incentives with current market conditions, potentially improving employee retention and motivation.

Tongdao Liepin Group Enhances Capital Efficiency with New Investment

Tongdao Liepin Group has announced a subscription to a corporate structured deposit product through its subsidiary, TD Elite (Tianjin) Information Technology Co., Ltd, amounting to RMB140 million. This strategic move aims to utilize the company’s surplus cash reserves effectively, ensuring capital safety while achieving a higher return on investment, which aligns with the company’s core objectives and is deemed beneficial for shareholders.

Tongdao Liepin Group Announces Annual General Meeting and Key Resolutions

Tongdao Liepin Group has announced its Annual General Meeting to be held in Beijing, China, where key resolutions will be discussed, including the re-election of directors and the re-appointment of auditors. The company also seeks approval for mandates to buy back shares and issue additional shares, which could impact its market operations and shareholder value.