China TianYF Holdings Group Limited (8196) AI Stock Analysis

• Market Cap: HK$40.28M
• Dividend Yield: N/A
• Average Volume (3M): 550.57K
• Price to Earnings (P/E): 2.9
• Beta (1Y): 0.10
• Revenue Growth: 26.95%
• EPS Growth: 35.62%
• Country: HK
• Employees: 39
• Sector: Industrials
• Sector Strength: 72
• Industry: Waste Management
• EPS (TTM): N/A
• Shares Outstanding: 52,994,880
• 10 Day Avg. Volume: 473,680
• 30 Day Avg. Volume: 550,573
• PEG Ratio: <0.01
• Price to Book (P/B): 0.39
• Price to Sales (P/S): 0.63
• P/FCF Ratio: 6.35
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: HK$0.55 ▼(-20.72% Downside)
• Action: Downgraded Date: 11/22/25
• Date: Action: Downgraded 11/22/25

The overall stock score is primarily impacted by the company's financial instability, with significant challenges in revenue and profit generation. Technical analysis indicates bearish momentum, and valuation metrics are unattractive due to negative earnings. The lack of earnings call data and corporate events further limits positive influences on the score.

Positive Factors

High Equity vs Debt

A high equity ratio provides a persistent capital cushion that reduces solvency risk and preserves operating flexibility. Over months this buffer can absorb operating shortfalls, support creditor negotiations, and lower the chance of distress financing that would dilute long-term strategic options.

Historical Revenue & EPS Growth

Material historical revenue and EPS growth indicate the company has previously found scalable demand or margin levers. This track record supports the potential for recovery if operational issues are addressed, reflecting structural capabilities in sales, pricing, or cost control that can be redeployed over the medium term.

Lean Headcount

A small employee base implies a lean cost structure that can preserve margins during slow revenue periods. With lower fixed labor overhead, management can more rapidly align expenses to revenue, making cash conservation and restructuring easier and helping sustain operations while pursuing stabilization or strategic pivots.

Negative Factors

Zero Operating Cash Flow

Absent operating cash generation is a durable liquidity threat: it forces reliance on external financing or asset sales to fund working capital and capex. Over several months this undermines reinvestment ability, increases refinancing risk, and limits capacity to execute growth or stabilize margins without costly funding.

Negative Profitability

Sustained negative operating profitability erodes retained earnings and constrains investment in operations or commercial activities. Persistent losses signal structural margin pressure—either pricing, mix, or cost issues—that must be fixed to restore self-funding and avoid long-term reliance on capital injections that dilute stakeholders.

Declining Asset & Equity Base

A shrinking asset base and falling shareholders' equity reflect capital erosion that impairs productive capacity and reduces borrowing capacity. Over the medium term this can limit revenue generation, raise funding costs, and constrain strategic options, making recovery harder without fresh capital or turnaround execution.

China TianYF Holdings Group Limited Business Overview & Revenue Model

Company Description

China TianYF Holdings Group Limited, an investment holding company, provides engineering services for wastewater and drinking water treatment facilities in Mainland China and Vietnam. It operates through five segments: Engineering, Procurement and Construction Projects; Construction Projects; Equipment Projects; Service Concession Arrangement; and Others. The company designs, procures, and constructs sludge or wastewater treatment facilities; and other environmental protection projects, including soil remediation, flue gas treatment, solid and hazardous wastes management, and air pollutants treatment, as well as offers integrated environmental services. It also engages in the procurement of materials, equipment, and machinery; and installation, testing, and commissioning of the equipment and machinery for the treatment facilities, as well as provision of technical consulting services. In addition, the company is involved in the design, construction, and sale of equipment for wastewater projects, as well as offers operation and maintenance services for water or wastewater treatment facilities. Further, it constructs, maintains, restores, and operates sludge treatment facilities and sludge stations. The company was formerly known as Great Water Holdings Limited and changed its name to China TianYF Holdings Group Limited in July 2022. China TianYF Holdings Group Limited was founded in 2001 and is headquartered in Guangzhou, the People's Republic of China.

How the Company Makes Money

China TianYF Holdings Group Limited generates revenue through multiple streams. The primary source of income comes from its real estate development and investment activities, where it profits from the sale and leasing of residential and commercial properties. Additionally, the company earns revenue through financial services by offering advisory and asset management solutions, which cater to a range of clients. Strategic partnerships with other firms in the real estate and finance sectors further enhance its revenue potential, enabling the company to leverage shared resources and market access.

China TianYF Holdings Group Limited Financial Statement Overview

Summary

The company faces significant financial instability, with declining revenue and negative profitability metrics. The balance sheet shows a stronger equity position than debt, but declining assets and cash flow issues highlight potential risks.

Income Statement

The company has experienced a significant decline in revenue, with a steep drop from 2023 to 2024. The gross profit margin and other profitability metrics have been negatively impacted, with EBIT and EBITDA both being negative in 2024. Despite past periods of growth, the company's current trajectory shows financial instability and pressure on margins.

Balance Sheet

The balance sheet shows a stronger equity position than debt, with a high equity ratio. However, the declining total assets over the years and a decreasing stockholders' equity signal potential challenges ahead. The company's ability to manage liabilities effectively has been a positive aspect, but the decreasing asset base may pose risks.

Cash Flow

The cash flow statement reveals a lack of free cash flow generation in the latest period, with operating cash flow at zero in 2024. Previously, there were positive cash flows, indicating potential past strength in cash management. The current absence of cash flow highlights financial stress and challenges in sustaining operations without external financing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	75.19M	45.80M	106.58M	256.75M	118.38M	75.62M
Gross Profit	13.78M	11.06M	30.58M	23.57M	15.43M	10.02M
EBITDA	-10.07M	-11.88M	4.05M	-1.46M	-11.46M	-98.85M
Net Income	-4.23M	-7.04M	2.87M	-11.55M	-17.04M	-106.65M
Balance Sheet
Total Assets	215.61M	225.89M	264.29M	331.30M	344.55M	319.44M
Cash, Cash Equivalents and Short-Term Investments	62.05M	72.33M	53.36M	55.26M	46.01M	48.99M
Total Debt	9.51M	9.40M	132.00K	25.20M	38.76M	43.42M
Total Liabilities	134.41M	152.35M	189.28M	260.25M	269.73M	227.54M
Stockholders Equity	81.20M	73.54M	75.01M	71.05M	74.82M	91.90M
Cash Flow
Free Cash Flow	-5.25M	4.53M	23.28M	25.14M	8.21M	26.92M
Operating Cash Flow	-5.25M	4.53M	23.39M	25.45M	8.51M	27.11M
Investing Cash Flow	-2.37M	-341.00K	-105.00K	-316.00K	-2.03M	206.00K
Financing Cash Flow	16.07M	14.56M	-25.19M	-15.78M	-7.42M	-5.15M

China TianYF Holdings Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.69
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8196, the sentiment is Positive. The current price of 0.69 is below the 20-day moving average (MA) of 0.71, above the 50-day MA of 0.65, and below the 200-day MA of 0.78, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 57.66 is Neutral, neither overbought nor oversold. The STOCH value of 33.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8196.

China TianYF Holdings Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
8201	59 Neutral	HK$54.00M	-5.12	-0.77%	―	2.94%	-56.79%
8472	52 Neutral	HK$46.08M	-6.31	-4.22%	―	-72.66%	-127.43%
8309	48 Neutral	HK$40.80M	10.19	-12.22%	―	-57.27%	-190.00%
0923	47 Neutral	HK$96.46M	-1.85	-107.25%	―	-2.08%	-647.01%
0646	46 Neutral	HK$53.46M	-1.06	―	―	4.13%	-5.11%
8196	39 Underperform	HK$40.28M	2.85	-5.43%	―	26.95%	35.62%