Tian Cheng Holdings Limited (HKG:2110)

Tian Cheng Holdings Statistics

Total Valuation

HKG:2110 has a market cap or net worth of HKD 29.70 million. The enterprise value is -1.27 million.

Market Cap	29.70M
Enterprise Value	-1.27M

Important Dates

The last earnings date was Wednesday, April 23, 2025.

Earnings Date	Apr 23, 2025
Ex-Dividend Date	n/a

Share Statistics

HKG:2110 has 300.00 million shares outstanding. The number of shares has increased by 18.66% in one year.

Current Share Class	300.00M
Shares Outstanding	300.00M
Shares Change (YoY)	+18.66%
Shares Change (QoQ)	+5.37%
Owned by Insiders (%)	10.52%
Owned by Institutions (%)	n/a
Float	268.45M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.14
PB Ratio	0.46
P/TBV Ratio	0.46
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	0.03
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	0.05

Financial Position

The company has a current ratio of 2.16, with a Debt / Equity ratio of 0.07.

Current Ratio	2.16
Quick Ratio	2.16
Debt / Equity	0.07
Debt / EBITDA	n/a
Debt / FCF	-0.16
Interest Coverage	-161.76

Financial Efficiency

Return on equity (ROE) is -44.85% and return on invested capital (ROIC) is -28.22%.

Return on Equity (ROE)	-44.85%
Return on Assets (ROA)	-19.69%
Return on Invested Capital (ROIC)	-28.22%
Return on Capital Employed (ROCE)	-55.45%
Revenue Per Employee	1.96M
Profits Per Employee	-344,811
Employee Count	109
Asset Turnover	1.67
Inventory Turnover	n/a

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -46.49% in the last 52 weeks. The beta is -0.66, so HKG:2110's price volatility has been lower than the market average.

Beta (5Y)	-0.66
52-Week Price Change	-46.49%
50-Day Moving Average	0.11
200-Day Moving Average	0.12
Relative Strength Index (RSI)	32.03
Average Volume (20 Days)	19,000

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, HKG:2110 had revenue of HKD 207.88 million and -36.55 million in losses. Loss per share was -0.13.

Revenue	207.88M
Gross Profit	-24.86M
Operating Income	-39.15M
Pretax Income	-38.14M
Net Income	-36.55M
EBITDA	-29.40M
EBIT	-39.15M
Loss Per Share	-0.13

Balance Sheet

The company has 35.29 million in cash and 4.32 million in debt, giving a net cash position of 30.97 million or 0.10 per share.

Cash & Cash Equivalents	35.29M
Total Debt	4.32M
Net Cash	30.97M
Net Cash Per Share	0.10
Equity (Book Value)	64.72M
Book Value Per Share	0.22
Working Capital	36.33M

Cash Flow

In the last 12 months, operating cash flow was -26.62 million and capital expenditures -97,000, giving a free cash flow of -26.71 million.

Operating Cash Flow	-26.62M
Capital Expenditures	-97,000
Free Cash Flow	-26.71M
FCF Per Share	-0.09

Margins

Gross margin is -11.96%, with operating and profit margins of -18.83% and -17.58%.

Gross Margin	-11.96%
Operating Margin	-18.83%
Pretax Margin	-18.35%
Profit Margin	-17.58%
EBITDA Margin	-14.14%
EBIT Margin	-18.83%
FCF Margin	n/a

Dividends & Yields

HKG:2110 does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-18.66%
Shareholder Yield	-18.66%
Earnings Yield	-123.06%
FCF Yield	-89.94%

Stock Splits

The last stock split was on November 2, 2023. It was a reverse split with a ratio of 0.1.

Last Split Date	Nov 2, 2023
Split Type	Reverse
Split Ratio	0.1

Scores

HKG:2110 has an Altman Z-Score of 1.53. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.53
Piotroski F-Score	n/a