Tian Cheng Holdings Limited (HKG:2110)

Tian Cheng Holdings Statistics

Total Valuation

HKG:2110 has a market cap or net worth of HKD 31.68 million. The enterprise value is 11.22 million.

Market Cap	31.68M
Enterprise Value	11.22M

Important Dates

The last earnings date was Thursday, January 29, 2026.

Earnings Date	Jan 29, 2026
Ex-Dividend Date	n/a

Share Statistics

HKG:2110 has 360.00 million shares outstanding. The number of shares has increased by 10.00% in one year.

Current Share Class	360.00M
Shares Outstanding	360.00M
Shares Change (YoY)	+10.00%
Shares Change (QoQ)	+1.11%
Owned by Insiders (%)	12.93%
Owned by Institutions (%)	0.18%
Float	313.44M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.21
PB Ratio	1.05
P/TBV Ratio	1.05
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-0.27
EV / Sales	0.07
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.76, with a Debt / Equity ratio of 0.06.

Current Ratio	1.76
Quick Ratio	1.76
Debt / Equity	0.06
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-299.00

Financial Efficiency

Return on equity (ROE) is -89.16% and return on invested capital (ROIC) is -425.60%.

Return on Equity (ROE)	-89.16%
Return on Assets (ROA)	-32.78%
Return on Invested Capital (ROIC)	-425.60%
Return on Capital Employed (ROCE)	-124.43%
Weighted Average Cost of Capital (WACC)	0.41%
Revenue Per Employee	2.33M
Profits Per Employee	-640,864
Employee Count	66
Asset Turnover	1.96
Inventory Turnover	n/a

Taxes

Income Tax	-1.36M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -23.33% in the last 52 weeks. The beta is -0.76, so HKG:2110's price volatility has been lower than the market average.

Beta (5Y)	-0.76
52-Week Price Change	-23.33%
50-Day Moving Average	0.10
200-Day Moving Average	0.12
Relative Strength Index (RSI)	46.66
Average Volume (20 Days)	556,450

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 153.96 million and -42.30 million in losses. Loss per share was -0.14.

Revenue	153.96M
Gross Profit	-22.54M
Operating Income	-41.26M
Pretax Income	-43.66M
Net Income	-42.30M
EBITDA	-35.46M
EBIT	-41.26M
Loss Per Share	-0.14

Balance Sheet

The company has 22.33 million in cash and 1.87 million in debt, with a net cash position of 20.46 million or 0.06 per share.

Cash & Cash Equivalents	22.33M
Total Debt	1.87M
Net Cash	20.46M
Net Cash Per Share	0.06
Equity (Book Value)	30.15M
Book Value Per Share	0.08
Working Capital	16.92M

Cash Flow

Operating Cash Flow	-21.32M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is -14.64%, with operating and profit margins of -26.80% and -27.47%.

Gross Margin	-14.64%
Operating Margin	-26.80%
Pretax Margin	-28.36%
Profit Margin	-27.47%
EBITDA Margin	-23.03%
EBIT Margin	-26.80%
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	-10.00%
Shareholder Yield	-10.00%
Earnings Yield	-133.51%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

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 -0.26 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.26
Piotroski F-Score	1