View Financial HealthTianjin Development Holdings 配当と自社株買い配当金 基準チェック /56Tianjin Development Holdings配当を支払う会社であり、現在の利回りは6.71%で、収益によって十分にカバーされています。主要情報6.7%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長4.3%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向35%最近の配当と自社株買いの更新Upcoming Dividend • Jun 25Upcoming dividend of HK$0.088 per shareEligible shareholders must have bought the stock before 02 July 2026. Payment date: 31 July 2026. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 6.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.1%).お知らせ • Jun 23Tianjin Development Holdings Limited Declares Final Dividend for the Year ended 31 December 2025Tianjin Development Holdings Limited at its Annual General Meeting held on June 23, 2026, declared a final dividend of 8.82 Hong Kong cents per share for the year ended 31 December 2025.Declared Dividend • May 20Final dividend of HK$0.088 announcedShareholders will receive a dividend of HK$0.088. Ex-date: 2nd July 2026 Payment date: 31st July 2026 Dividend yield will be 39%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 4.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 19Tianjin Development Holdings Limited Declares Final Dividend for the Year Ended December 31, 2024Tianjin Development Holdings Limited in its AGM held on June 19, 2025 declared a final dividend of HKD 8.82 cents per share for the year ended 31 December 2024.Upcoming Dividend • Sep 16Upcoming dividend of HK$0.052 per shareEligible shareholders must have bought the stock before 23 September 2024. Payment date: 28 October 2024. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 8.1%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (5.6%).Declared Dividend • Sep 01First half dividend of HK$0.052 announcedShareholders will receive a dividend of HK$0.052. Ex-date: 23rd September 2024 Payment date: 28th October 2024 Dividend yield will be 33%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (17% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.すべての更新を表示Recent updatesお知らせ • Aug 17Tianjin Development Holdings Limited to Report First Half, 2026 Results on Aug 28, 2026Tianjin Development Holdings Limited announced that they will report first half, 2026 results on Aug 28, 2026お知らせ • Aug 02Tianjin Development Holdings Limited Announces Board and Committee Changes, Effective July 31, 2026Tianjin Development Holdings Limited announced that Mr. Teng Fei had resigned as Chairman of the Board and an Executive Director, chairman of the nomination committee, a member of each of the remuneration committee and the investment committee of the Board and ceased to be an authorised representative of the Company with effect from July 31, 2026 due to his other business engagements. Mr. Teng confirmed that he had no disagreement with the Board and there was no matter relating to his resignation that needed to be brought to the attention of the shareholders of the Company. Tianjin Development Holdings Limited further announced that Mr. Zhang Wang had been appointed as Chairman of the Board and an Executive Director, chairman of the nomination committee, a member of each of the remuneration committee and the investment committee of the Board as well as an authorised representative of the Company as required under Rule 3.05 of the Listing Rules with effect from July 31, 2026. Mr. Zhang Wang, aged 45, graduated from Hunan University in Environmental Science and Engineering. Prior to joining the Company, he had served in various roles including head of operation department, production technology director of Tianjin Teda Water Co. Ltd., manager of Investment Management Department of Tianjin TEDA Investment Holding (Group) Co. Ltd., general manager of Tianjin TEDA Group Co. Ltd. and chairman of Tianjin TEDA Co. Ltd. Mr. Zhang is currently a deputy general manager of TEDA Holding, the chairman of Tianjin TEDA Industrial Group Co. Ltd. and a director of Tsinlien Group Company Limited, all being controlling shareholders of the Company. He is currently also the vice chairman of Tianjin Pharmaceutical Holdings Co. Ltd. and the chairman of the board of directors and an executive director of Binhai Investment Company Limited, both being associates of controlling shareholders of the Company. Mr. Zhang has extensive experience in corporate management and listed companies’ governance. Mr. Zhang has entered into a letter of appointment with the Company, pursuant to which he has no fixed term of service in his capacity as an executive director of the Company unless terminated by three months’ notice in writing served by either party and is subject to retirement by rotation and re-election at the annual general meetings of the Company in accordance with the articles of association of the Company. Mr. Zhang has obtained the legal advice from a firm of solicitors as required under Rule 3.09D of the Listing Rules and has confirmed that he understood his obligations as a director of the Company.Upcoming Dividend • Jun 25Upcoming dividend of HK$0.088 per shareEligible shareholders must have bought the stock before 02 July 2026. Payment date: 31 July 2026. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 6.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.1%).お知らせ • Jun 23Tianjin Development Holdings Limited Declares Final Dividend for the Year ended 31 December 2025Tianjin Development Holdings Limited at its Annual General Meeting held on June 23, 2026, declared a final dividend of 8.82 Hong Kong cents per share for the year ended 31 December 2025.Declared Dividend • May 20Final dividend of HK$0.088 announcedShareholders will receive a dividend of HK$0.088. Ex-date: 2nd July 2026 Payment date: 31st July 2026 Dividend yield will be 39%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 4.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 30Tianjin Development Holdings Limited, Annual General Meeting, Jun 23, 2026Tianjin Development Holdings Limited, Annual General Meeting, Jun 23, 2026.お知らせ • Mar 17Tianjin Development Holdings Limited to Report Fiscal Year 2025 Results on Mar 30, 2026Tianjin Development Holdings Limited announced that they will report fiscal year 2025 results at 9:30 AM, China Standard Time on Mar 30, 2026お知らせ • Aug 18Tianjin Development Holdings Limited to Report First Half, 2025 Results on Aug 28, 2025Tianjin Development Holdings Limited announced that they will report first half, 2025 results on Aug 28, 2025お知らせ • Jun 19Tianjin Development Holdings Limited Declares Final Dividend for the Year Ended December 31, 2024Tianjin Development Holdings Limited in its AGM held on June 19, 2025 declared a final dividend of HKD 8.82 cents per share for the year ended 31 December 2024.お知らせ • Mar 28Tianjin Development Holdings Limited, Annual General Meeting, Jun 19, 2025Tianjin Development Holdings Limited, Annual General Meeting, Jun 19, 2025.お知らせ • Mar 17Tianjin Development Holdings Limited to Report Fiscal Year 2024 Results on Mar 28, 2025Tianjin Development Holdings Limited announced that they will report fiscal year 2024 results on Mar 28, 2025お知らせ • Dec 30Tianjin Development Holdings Limited Appoints Mr. Xia Binhui as Executive Director and Deputy General ManagerThe board of directors of Tianjin Development Holdings Limited announced that Mr. Xia Binhui has been appointed as Executive Director and Deputy General Manager of the Company with effect from 30 December 2024. Mr. XIA Binhui, aged 41, graduated from Peking University with a bachelor’s degree in law and obtained a Master's Degree in Economic Law from China University of Political Science and Law. Prior to joining the Company, he has been in various roles including assistant manager of audit department and manager of strategic client department of China Cinda Asset Management Co. Ltd., deputy general manager of HNA Financial Services (Shenzhen) Co. Ltd., executive vice president of Beijing Tunghsu Capital Holding Co. Ltd., senior partner and managing director of Zhongcai Rongshang (Beijing) Capital Management Co. Ltd., deputy general manager (in charge of overall operation) and executive deputy general manager of Tianjin TEDA Asset Operation Management Co. Ltd., a wholly-owned subsidiary of Tianjin TEDA Investment Holding Co. Ltd. Mr. Xia is currently the deputy general manager of Tianjin TEDA Industrial Group Co. Ltd., Tianjin Bohai State-owned Assets Management Co. Ltd. and Tsinlien Group Company Limited ("Tsinlien"), all being controlling shareholders of the Company, as well as a director of certain subsidiaries of Tsinlien. He has extensive experience in corporate operation management, assets revitalization, merger and reorganization, and special assets investment.Upcoming Dividend • Sep 16Upcoming dividend of HK$0.052 per shareEligible shareholders must have bought the stock before 23 September 2024. Payment date: 28 October 2024. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 8.1%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (5.6%).Reported Earnings • Sep 04First half 2024 earnings released: EPS: HK$0.27 (vs HK$0.35 in 1H 2023)First half 2024 results: EPS: HK$0.27 (down from HK$0.35 in 1H 2023). Revenue: HK$1.82b (flat on 1H 2023). Net income: HK$288.1m (down 23% from 1H 2023). Profit margin: 16% (down from 20% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Declared Dividend • Sep 01First half dividend of HK$0.052 announcedShareholders will receive a dividend of HK$0.052. Ex-date: 23rd September 2024 Payment date: 28th October 2024 Dividend yield will be 33%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (17% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Aug 29Tianjin Development Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 28 October 2024Tianjin Development Holdings Limited announced interim dividend of HKD 0.0518 per share for the six months ended 30 June 2024. Ex-dividend date is 23 September 2024. Record date is 27 September 2024. Payment date is 28 October 2024.お知らせ • Aug 20Tianjin Development Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024Tianjin Development Holdings Limited announced that they will report first half, 2024 results on Aug 29, 2024お知らせ • Jun 14Tianjin Development Holdings Limited Approves Final DividendTianjin Development Holdings Limited at its annual general meeting held on 13 June 2024, declared a final dividend of 8.80 Hong Kong cents per share.Upcoming Dividend • Jun 13Upcoming dividend of HK$0.088 per shareEligible shareholders must have bought the stock before 20 June 2024. Payment date: 29 July 2024. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 6.5%. Within top quartile of German dividend payers (4.5%). In line with average of industry peers (6.1%).Declared Dividend • Mar 29Final dividend of HK$0.088 announcedShareholders will receive a dividend of HK$0.088. Ex-date: 20th June 2024 Payment date: 29th July 2024 Dividend yield will be 50%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 28Tianjin Development Holdings Limited, Annual General Meeting, Jun 13, 2024Tianjin Development Holdings Limited, Annual General Meeting, Jun 13, 2024.Reported Earnings • Mar 28Full year 2023 earnings released: EPS: HK$0.59 (vs HK$0.33 in FY 2022)Full year 2023 results: EPS: HK$0.59 (up from HK$0.33 in FY 2022). Revenue: HK$3.34b (down 9.9% from FY 2022). Net income: HK$635.6m (up 78% from FY 2022). Profit margin: 19% (up from 9.7% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.お知らせ • Mar 27+ 1 more updateTianjin Development Holdings Limited Announces Board ChangesThe board of directors of Tianjin Development Holdings Limited announced that Mr. Wang Gang has resigned as Chairman of the Board and Executive Director, chairman of the nomination committee, a member of each of the remuneration committee and the investment committee of the Board and ceased to be an authorised representative of the Company as required under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the Listing Rules) with effect from 27 March 2024 due to personal reasons including health condition and approaching retirement. Mr. Wang confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board announced that Mr. Teng Fei, an existing Executive Director and Deputy General Manager of the Company, has been appointed as Chairman of the Board,chairman of the nomination committee, a member of each of the remuneration committee and the investment committee of the Board as well as an authorised representative of the Company as required under Rule 3.05 of the Listing Rules with effect from 27 March 2024. Mr. TENG Fei, aged 45, was appointed as an Executive Director and Deputy General Manager of the Company on 30 March 2023. Mr. Teng is a senior engineer, graduated from Tianjin University with a Master of Business Administration degree. Prior to joining theCompany, he had served in various roles including assistant to general manager of Tianjin Zhonghuan Electronics Computer Co., assistant manager of Tianjin Zhonghuan Huaxiang Electronics Co. Ltd., deputy general manager of iMarketChina Co. Ltd., general manager of Tianjin Zhonghuan Electronics Computer Co. Ltd., chairman of Tianjin Huanbo Science and Technology Co. Ltd., president of Cashway Fintech Co. Ltd. and Hengrong Investment Holdings Co. Ltd. Mr. Teng is currently a director and general manager of Tianjin Bohai State-owned Assets Management Co. Ltd., Tianjin TEDA Industrial Group Co. Ltd. and Tsinlien Group Company Limited, all being controlling shareholders of the Company, an executive director of Tianjin Port Development Holdings Limited and a director of Tianjin Lisheng Pharmaceutical Co. Ltd., as well as a director of certain subsidiaries of the Company. He has extensive experience in corporate management, specialising in production and manufacturing enterprises management.お知らせ • Mar 16Tianjin Development Holdings Limited to Report Fiscal Year 2023 Final Results on Mar 27, 2024Tianjin Development Holdings Limited announced that they will report fiscal year 2023 final results on Mar 27, 2024New Risk • Mar 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change).Buy Or Sell Opportunity • Feb 24Now 24% undervaluedOver the last 90 days, the stock has risen 4.9% to €0.17. The fair value is estimated to be €0.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%.Buying Opportunity • Oct 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.3%. The fair value is estimated to be €0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%.Buying Opportunity • Sep 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.2%. The fair value is estimated to be €0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%.Upcoming Dividend • Sep 18Upcoming dividend of HK$0.035 per share at 5.8% yieldEligible shareholders must have bought the stock before 25 September 2023. Payment date: 30 October 2023. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 5.8%. Within top quartile of German dividend payers (4.9%). In line with average of industry peers (5.5%).お知らせ • Aug 31Tianjin Development Holdings Limited Declares Interim Dividend for the Six Months Ended 30 June 2023, Payable on 30 October 2023Tianjin Development Holdings Limited declared Interim Dividend of HKD 0.0345 per share for the six months ended 30 June 2023. Ex-dividend date is 25 September 2023. Record date is 29 September 2023. Payment date is 30 October 2023.Reported Earnings • Aug 31First half 2023 earnings released: EPS: HK$0.35 (vs HK$0.25 in 1H 2022)First half 2023 results: EPS: HK$0.35 (up from HK$0.25 in 1H 2022). Revenue: HK$1.83b (down 6.8% from 1H 2022). Net income: HK$371.5m (up 36% from 1H 2022). Profit margin: 20% (up from 14% in 1H 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 18Tianjin Development Holdings Limited to Report First Half, 2023 Results on Aug 30, 2023Tianjin Development Holdings Limited announced that they will report first half, 2023 results on Aug 30, 2023お知らせ • Jun 22+ 1 more updateTianjin Development Holdings Limited Approves Final DividendTianjin Development Holdings Limited at the AGM, the shareholders approved final dividend of HK 5.50 cents per share.Upcoming Dividend • Jun 22Upcoming dividend of HK$0.055 per share at 5.3% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 24 July 2023. Payout ratio is a comfortable 27% but the company is paying out more than the cash it is generating. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (5.7%).Reported Earnings • Mar 31Full year 2022 earnings released: EPS: HK$0.33 (vs HK$0.46 in FY 2021)Full year 2022 results: EPS: HK$0.33 (down from HK$0.46 in FY 2021). Revenue: HK$3.71b (up 4.6% from FY 2021). Net income: HK$358.2m (down 28% from FY 2021). Profit margin: 9.7% (down from 14% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. Executive Chairman of the Board Gang Wang was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 19Upcoming dividend of HK$0.035 per shareEligible shareholders must have bought the stock before 26 September 2022. Payment date: 28 October 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (5.2%).Board Change • Sep 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. Executive Chairman of the Board Gang Wang was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Sep 01First half 2022 earnings released: EPS: HK$0.25 (vs HK$0.25 in 1H 2021)First half 2022 results: EPS: HK$0.25 (up from HK$0.25 in 1H 2021). Revenue: HK$1.96b (down 2.6% from 1H 2021). Net income: HK$272.5m (up 3.2% from 1H 2021). Profit margin: 14% (in line with 1H 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Aug 31Tianjin Development Holdings Limited Declares Interim Dividend for the Six Months Ended 30 June 2022, Payable on 28 October 2022Tianjin Development Holdings Limited declared interim dividend of HKD 0.0345 per share for the six months ended 30 June 2022. Ex-dividend date is 26 September 2022. Record date is 30 September 2022. Payment date is 28 October 2022.お知らせ • Aug 18Tianjin Development Holdings Limited to Report First Half, 2022 Results on Aug 30, 2022Tianjin Development Holdings Limited announced that they will report first half, 2022 results on Aug 30, 2022お知らせ • Jun 24Tianjin Development Holdings Limited Approves Final DividendTianjin Development Holdings Limited at its AGM held on 23 June 2022 approved final dividend of HK 5.50 cents per share.Upcoming Dividend • Jun 22Upcoming dividend of HK$0.055 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 25 July 2022. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.4%). In line with average of industry peers (5.3%).お知らせ • May 20Tianjin Development Holdings Limited, Annual General Meeting, Jun 23, 2022Tianjin Development Holdings Limited, Annual General Meeting, Jun 23, 2022, at 16:00 China Standard Time. Location: at 24th Floor, Admiralty Centre, Tower 1, 18 Harcourt Road Admiralty Hong Kong Agenda: To receive and consider the audited consolidated financial statements, the reports of the directors and independent auditor for the year ended 31 December 2021; to declare a final dividend of HK 5.50 cents per share; to consider re-election of Directors; to re-appoint Messrs. Deloitte Touche Tohmatsu as Independent Auditor and to authorize the Board to fix its remuneration; to grant a general mandate to the Directors to buy back shares not exceeding 10% of the existing total number of shares of the Company in issue; to grant a general mandate to the Directors to allot, issue and deal with additional shares not exceeding 20% of the existing total number of shares of the Company in issue; to extend the general mandate granted to the Directors to allot, issue and deal with shares by the number of shares bought back; and to transact such other business issues.Reported Earnings • Apr 30Full year 2021 earnings released: EPS: HK$0.46 (vs HK$0.28 in FY 2020)Full year 2021 results: EPS: HK$0.46 (up from HK$0.28 in FY 2020). Revenue: HK$3.54b (down 5.5% from FY 2020). Net income: HK$496.9m (up 69% from FY 2020). Profit margin: 14% (up from 7.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.Reported Earnings • Mar 31Full year 2021 earnings released: EPS: HK$0.46 (vs HK$0.28 in FY 2020)Full year 2021 results: EPS: HK$0.46 (up from HK$0.28 in FY 2020). Revenue: HK$3.54b (down 5.5% from FY 2020). Net income: HK$496.9m (up 69% from FY 2020). Profit margin: 14% (up from 7.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 31Tianjin Development Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2021, Payable on 25 July 2022Tianjin Development Holdings Limited proposed Final Dividend of HKD 0.055 per share for the year ended 31 December 2021. Record date is 05 July 2022, Ex dividend date is 29 June 2022 and payment date is 25 July 2022.Buying Opportunity • Mar 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.4%. The fair value is estimated to be HK$0.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.7% per annum over the last 3 years. Earnings per share has declined by 9.5% per annum over the last 3 years.Upcoming Dividend • Sep 17Upcoming dividend of HK$0.035 per shareEligible shareholders must have bought the stock before 24 September 2021. Payment date: 29 October 2021. Trailing yield: 4.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.4%).Reported Earnings • Sep 01First half 2021 earnings released: EPS HK$0.25 (vs HK$0.18 in 1H 2020)The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: HK$2.02b (up 41% from 1H 2020). Net income: HK$263.9m (up 37% from 1H 2020). Profit margin: 13% (in line with 1H 2020). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.お知らせ • Aug 22Tianjin Development Holdings Limited Provides Earnings Guidance for the Six Months Ended June 30, 2021Tianjin Development Holdings Limited provided earnings guidance for the six months ended June 30, 2021. For the six months, the group expects to record an increase of approximately 130% in its profit attributable to owners of the company for the six months ended 30 June 2021 as compared to the amount of HKD 114,549,000 for the corresponding period last year.Upcoming Dividend • Jun 22Upcoming dividend of HK$0.048 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 26 July 2021. Trailing yield: 4.3%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (3.6%).Reported Earnings • Mar 31Full year 2020 earnings released: EPS HK$0.28 (vs HK$0.30 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: HK$3.75b (down 18% from FY 2019). Net income: HK$294.5m (down 9.9% from FY 2019). Profit margin: 7.9% (up from 7.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 16Tianjin Development Holdings Limited to Report Fiscal Year 2020 Final Results on Mar 30, 2021Tianjin Development Holdings Limited announced that they will report fiscal year 2020 final results on Mar 30, 2021お知らせ • Oct 17Tianjin Development Holdings Limited Announces Board ChangesThe board of directors of Tianjin Development Holdings Limited (the Company) announced that due to change of job positions, Mr. Wang Zhiyong (Mr. Wang) has resigned as Chairman and Executive Director, Chairman of the nomination committee, member of each of the remuneration committee and the investment committee and ceased to be an authorised representative of the Company as required under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the Listing Rules) with effect from 16 October 2020. The Board announced that Mr. Zhang Bingjun (Mr. Zhang) has been appointed as Chairman and Executive Director, Chairman of the nomination committee, member of each of the remuneration committee and the investment committee as well as authorized representative of the Company as required under Rule 3.05 of the Listing Rules with effect from 17 October 2020.お知らせ • Aug 18Tianjin Development Holdings Limited to Report First Half, 2020 Results on Aug 28, 2020Tianjin Development Holdings Limited announced that they will report first half, 2020 results on Aug 28, 2020お知らせ • Aug 10Tianjin Development Holdings Limited Provides Earnings Guidance for the Six Months Ended June 30, 2020Tianjin Development Holdings Limited provided earnings guidance for the six months ended June 30, 2020. The board of directors announced that based on the information available to the company for the first half of 2020 and as a result of the ongoing novel corona virus situation and market conditions, the Group expects to record a decrease in profit attributable to owners of the Company for the period ended 30 June 2020 by approximately 60% to 70% as compared to that of the period ended 30 June 2019 amounted to approximately HKD 360,640,000.決済の安定と成長配当データの取得安定した配当: TJNの1株当たり配当金は過去10年間安定しています。増加する配当: TJNの配当金は過去10年間にわたって増加しています。配当利回り対市場Tianjin Development Holdings 配当利回り対市場TJN 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (TJN)6.7%市場下位25% (DE)1.5%市場トップ25% (DE)4.7%業界平均 (Integrated Utilities)4.2%アナリスト予想 (TJN) (最長3年)n/a注目すべき配当: TJNの配当金 ( 6.71% ) はGerman市場の配当金支払者の下位 25% ( 1.47% ) よりも高くなっています。高配当: TJNの配当金 ( 6.71% ) はGerman市場 ( 4.68% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: TJNの 配当性向 ( 35.1% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: TJNは配当金を支払っていますが、同社にはフリーキャッシュフローがありません。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/18 19:46終値2026/08/18 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Tianjin Development Holdings Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Ronald LeungBofA Global ResearchJake LiGuotai Haitong/Guotai Junan International Holdings LimitedLeon LiaoJefferies LLC
Upcoming Dividend • Jun 25Upcoming dividend of HK$0.088 per shareEligible shareholders must have bought the stock before 02 July 2026. Payment date: 31 July 2026. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 6.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.1%).
お知らせ • Jun 23Tianjin Development Holdings Limited Declares Final Dividend for the Year ended 31 December 2025Tianjin Development Holdings Limited at its Annual General Meeting held on June 23, 2026, declared a final dividend of 8.82 Hong Kong cents per share for the year ended 31 December 2025.
Declared Dividend • May 20Final dividend of HK$0.088 announcedShareholders will receive a dividend of HK$0.088. Ex-date: 2nd July 2026 Payment date: 31st July 2026 Dividend yield will be 39%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 4.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 19Tianjin Development Holdings Limited Declares Final Dividend for the Year Ended December 31, 2024Tianjin Development Holdings Limited in its AGM held on June 19, 2025 declared a final dividend of HKD 8.82 cents per share for the year ended 31 December 2024.
Upcoming Dividend • Sep 16Upcoming dividend of HK$0.052 per shareEligible shareholders must have bought the stock before 23 September 2024. Payment date: 28 October 2024. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 8.1%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (5.6%).
Declared Dividend • Sep 01First half dividend of HK$0.052 announcedShareholders will receive a dividend of HK$0.052. Ex-date: 23rd September 2024 Payment date: 28th October 2024 Dividend yield will be 33%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (17% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 17Tianjin Development Holdings Limited to Report First Half, 2026 Results on Aug 28, 2026Tianjin Development Holdings Limited announced that they will report first half, 2026 results on Aug 28, 2026
お知らせ • Aug 02Tianjin Development Holdings Limited Announces Board and Committee Changes, Effective July 31, 2026Tianjin Development Holdings Limited announced that Mr. Teng Fei had resigned as Chairman of the Board and an Executive Director, chairman of the nomination committee, a member of each of the remuneration committee and the investment committee of the Board and ceased to be an authorised representative of the Company with effect from July 31, 2026 due to his other business engagements. Mr. Teng confirmed that he had no disagreement with the Board and there was no matter relating to his resignation that needed to be brought to the attention of the shareholders of the Company. Tianjin Development Holdings Limited further announced that Mr. Zhang Wang had been appointed as Chairman of the Board and an Executive Director, chairman of the nomination committee, a member of each of the remuneration committee and the investment committee of the Board as well as an authorised representative of the Company as required under Rule 3.05 of the Listing Rules with effect from July 31, 2026. Mr. Zhang Wang, aged 45, graduated from Hunan University in Environmental Science and Engineering. Prior to joining the Company, he had served in various roles including head of operation department, production technology director of Tianjin Teda Water Co. Ltd., manager of Investment Management Department of Tianjin TEDA Investment Holding (Group) Co. Ltd., general manager of Tianjin TEDA Group Co. Ltd. and chairman of Tianjin TEDA Co. Ltd. Mr. Zhang is currently a deputy general manager of TEDA Holding, the chairman of Tianjin TEDA Industrial Group Co. Ltd. and a director of Tsinlien Group Company Limited, all being controlling shareholders of the Company. He is currently also the vice chairman of Tianjin Pharmaceutical Holdings Co. Ltd. and the chairman of the board of directors and an executive director of Binhai Investment Company Limited, both being associates of controlling shareholders of the Company. Mr. Zhang has extensive experience in corporate management and listed companies’ governance. Mr. Zhang has entered into a letter of appointment with the Company, pursuant to which he has no fixed term of service in his capacity as an executive director of the Company unless terminated by three months’ notice in writing served by either party and is subject to retirement by rotation and re-election at the annual general meetings of the Company in accordance with the articles of association of the Company. Mr. Zhang has obtained the legal advice from a firm of solicitors as required under Rule 3.09D of the Listing Rules and has confirmed that he understood his obligations as a director of the Company.
Upcoming Dividend • Jun 25Upcoming dividend of HK$0.088 per shareEligible shareholders must have bought the stock before 02 July 2026. Payment date: 31 July 2026. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 6.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.1%).
お知らせ • Jun 23Tianjin Development Holdings Limited Declares Final Dividend for the Year ended 31 December 2025Tianjin Development Holdings Limited at its Annual General Meeting held on June 23, 2026, declared a final dividend of 8.82 Hong Kong cents per share for the year ended 31 December 2025.
Declared Dividend • May 20Final dividend of HK$0.088 announcedShareholders will receive a dividend of HK$0.088. Ex-date: 2nd July 2026 Payment date: 31st July 2026 Dividend yield will be 39%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 4.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 30Tianjin Development Holdings Limited, Annual General Meeting, Jun 23, 2026Tianjin Development Holdings Limited, Annual General Meeting, Jun 23, 2026.
お知らせ • Mar 17Tianjin Development Holdings Limited to Report Fiscal Year 2025 Results on Mar 30, 2026Tianjin Development Holdings Limited announced that they will report fiscal year 2025 results at 9:30 AM, China Standard Time on Mar 30, 2026
お知らせ • Aug 18Tianjin Development Holdings Limited to Report First Half, 2025 Results on Aug 28, 2025Tianjin Development Holdings Limited announced that they will report first half, 2025 results on Aug 28, 2025
お知らせ • Jun 19Tianjin Development Holdings Limited Declares Final Dividend for the Year Ended December 31, 2024Tianjin Development Holdings Limited in its AGM held on June 19, 2025 declared a final dividend of HKD 8.82 cents per share for the year ended 31 December 2024.
お知らせ • Mar 28Tianjin Development Holdings Limited, Annual General Meeting, Jun 19, 2025Tianjin Development Holdings Limited, Annual General Meeting, Jun 19, 2025.
お知らせ • Mar 17Tianjin Development Holdings Limited to Report Fiscal Year 2024 Results on Mar 28, 2025Tianjin Development Holdings Limited announced that they will report fiscal year 2024 results on Mar 28, 2025
お知らせ • Dec 30Tianjin Development Holdings Limited Appoints Mr. Xia Binhui as Executive Director and Deputy General ManagerThe board of directors of Tianjin Development Holdings Limited announced that Mr. Xia Binhui has been appointed as Executive Director and Deputy General Manager of the Company with effect from 30 December 2024. Mr. XIA Binhui, aged 41, graduated from Peking University with a bachelor’s degree in law and obtained a Master's Degree in Economic Law from China University of Political Science and Law. Prior to joining the Company, he has been in various roles including assistant manager of audit department and manager of strategic client department of China Cinda Asset Management Co. Ltd., deputy general manager of HNA Financial Services (Shenzhen) Co. Ltd., executive vice president of Beijing Tunghsu Capital Holding Co. Ltd., senior partner and managing director of Zhongcai Rongshang (Beijing) Capital Management Co. Ltd., deputy general manager (in charge of overall operation) and executive deputy general manager of Tianjin TEDA Asset Operation Management Co. Ltd., a wholly-owned subsidiary of Tianjin TEDA Investment Holding Co. Ltd. Mr. Xia is currently the deputy general manager of Tianjin TEDA Industrial Group Co. Ltd., Tianjin Bohai State-owned Assets Management Co. Ltd. and Tsinlien Group Company Limited ("Tsinlien"), all being controlling shareholders of the Company, as well as a director of certain subsidiaries of Tsinlien. He has extensive experience in corporate operation management, assets revitalization, merger and reorganization, and special assets investment.
Upcoming Dividend • Sep 16Upcoming dividend of HK$0.052 per shareEligible shareholders must have bought the stock before 23 September 2024. Payment date: 28 October 2024. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 8.1%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (5.6%).
Reported Earnings • Sep 04First half 2024 earnings released: EPS: HK$0.27 (vs HK$0.35 in 1H 2023)First half 2024 results: EPS: HK$0.27 (down from HK$0.35 in 1H 2023). Revenue: HK$1.82b (flat on 1H 2023). Net income: HK$288.1m (down 23% from 1H 2023). Profit margin: 16% (down from 20% in 1H 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Declared Dividend • Sep 01First half dividend of HK$0.052 announcedShareholders will receive a dividend of HK$0.052. Ex-date: 23rd September 2024 Payment date: 28th October 2024 Dividend yield will be 33%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (17% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 29Tianjin Development Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 28 October 2024Tianjin Development Holdings Limited announced interim dividend of HKD 0.0518 per share for the six months ended 30 June 2024. Ex-dividend date is 23 September 2024. Record date is 27 September 2024. Payment date is 28 October 2024.
お知らせ • Aug 20Tianjin Development Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024Tianjin Development Holdings Limited announced that they will report first half, 2024 results on Aug 29, 2024
お知らせ • Jun 14Tianjin Development Holdings Limited Approves Final DividendTianjin Development Holdings Limited at its annual general meeting held on 13 June 2024, declared a final dividend of 8.80 Hong Kong cents per share.
Upcoming Dividend • Jun 13Upcoming dividend of HK$0.088 per shareEligible shareholders must have bought the stock before 20 June 2024. Payment date: 29 July 2024. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 6.5%. Within top quartile of German dividend payers (4.5%). In line with average of industry peers (6.1%).
Declared Dividend • Mar 29Final dividend of HK$0.088 announcedShareholders will receive a dividend of HK$0.088. Ex-date: 20th June 2024 Payment date: 29th July 2024 Dividend yield will be 50%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 28Tianjin Development Holdings Limited, Annual General Meeting, Jun 13, 2024Tianjin Development Holdings Limited, Annual General Meeting, Jun 13, 2024.
Reported Earnings • Mar 28Full year 2023 earnings released: EPS: HK$0.59 (vs HK$0.33 in FY 2022)Full year 2023 results: EPS: HK$0.59 (up from HK$0.33 in FY 2022). Revenue: HK$3.34b (down 9.9% from FY 2022). Net income: HK$635.6m (up 78% from FY 2022). Profit margin: 19% (up from 9.7% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year.
お知らせ • Mar 27+ 1 more updateTianjin Development Holdings Limited Announces Board ChangesThe board of directors of Tianjin Development Holdings Limited announced that Mr. Wang Gang has resigned as Chairman of the Board and Executive Director, chairman of the nomination committee, a member of each of the remuneration committee and the investment committee of the Board and ceased to be an authorised representative of the Company as required under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the Listing Rules) with effect from 27 March 2024 due to personal reasons including health condition and approaching retirement. Mr. Wang confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board announced that Mr. Teng Fei, an existing Executive Director and Deputy General Manager of the Company, has been appointed as Chairman of the Board,chairman of the nomination committee, a member of each of the remuneration committee and the investment committee of the Board as well as an authorised representative of the Company as required under Rule 3.05 of the Listing Rules with effect from 27 March 2024. Mr. TENG Fei, aged 45, was appointed as an Executive Director and Deputy General Manager of the Company on 30 March 2023. Mr. Teng is a senior engineer, graduated from Tianjin University with a Master of Business Administration degree. Prior to joining theCompany, he had served in various roles including assistant to general manager of Tianjin Zhonghuan Electronics Computer Co., assistant manager of Tianjin Zhonghuan Huaxiang Electronics Co. Ltd., deputy general manager of iMarketChina Co. Ltd., general manager of Tianjin Zhonghuan Electronics Computer Co. Ltd., chairman of Tianjin Huanbo Science and Technology Co. Ltd., president of Cashway Fintech Co. Ltd. and Hengrong Investment Holdings Co. Ltd. Mr. Teng is currently a director and general manager of Tianjin Bohai State-owned Assets Management Co. Ltd., Tianjin TEDA Industrial Group Co. Ltd. and Tsinlien Group Company Limited, all being controlling shareholders of the Company, an executive director of Tianjin Port Development Holdings Limited and a director of Tianjin Lisheng Pharmaceutical Co. Ltd., as well as a director of certain subsidiaries of the Company. He has extensive experience in corporate management, specialising in production and manufacturing enterprises management.
お知らせ • Mar 16Tianjin Development Holdings Limited to Report Fiscal Year 2023 Final Results on Mar 27, 2024Tianjin Development Holdings Limited announced that they will report fiscal year 2023 final results on Mar 27, 2024
New Risk • Mar 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change).
Buy Or Sell Opportunity • Feb 24Now 24% undervaluedOver the last 90 days, the stock has risen 4.9% to €0.17. The fair value is estimated to be €0.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%.
Buying Opportunity • Oct 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.3%. The fair value is estimated to be €0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%.
Buying Opportunity • Sep 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.2%. The fair value is estimated to be €0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%.
Upcoming Dividend • Sep 18Upcoming dividend of HK$0.035 per share at 5.8% yieldEligible shareholders must have bought the stock before 25 September 2023. Payment date: 30 October 2023. Payout ratio is a comfortable 21% but the company is paying out more than the cash it is generating. Trailing yield: 5.8%. Within top quartile of German dividend payers (4.9%). In line with average of industry peers (5.5%).
お知らせ • Aug 31Tianjin Development Holdings Limited Declares Interim Dividend for the Six Months Ended 30 June 2023, Payable on 30 October 2023Tianjin Development Holdings Limited declared Interim Dividend of HKD 0.0345 per share for the six months ended 30 June 2023. Ex-dividend date is 25 September 2023. Record date is 29 September 2023. Payment date is 30 October 2023.
Reported Earnings • Aug 31First half 2023 earnings released: EPS: HK$0.35 (vs HK$0.25 in 1H 2022)First half 2023 results: EPS: HK$0.35 (up from HK$0.25 in 1H 2022). Revenue: HK$1.83b (down 6.8% from 1H 2022). Net income: HK$371.5m (up 36% from 1H 2022). Profit margin: 20% (up from 14% in 1H 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 18Tianjin Development Holdings Limited to Report First Half, 2023 Results on Aug 30, 2023Tianjin Development Holdings Limited announced that they will report first half, 2023 results on Aug 30, 2023
お知らせ • Jun 22+ 1 more updateTianjin Development Holdings Limited Approves Final DividendTianjin Development Holdings Limited at the AGM, the shareholders approved final dividend of HK 5.50 cents per share.
Upcoming Dividend • Jun 22Upcoming dividend of HK$0.055 per share at 5.3% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 24 July 2023. Payout ratio is a comfortable 27% but the company is paying out more than the cash it is generating. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (5.7%).
Reported Earnings • Mar 31Full year 2022 earnings released: EPS: HK$0.33 (vs HK$0.46 in FY 2021)Full year 2022 results: EPS: HK$0.33 (down from HK$0.46 in FY 2021). Revenue: HK$3.71b (up 4.6% from FY 2021). Net income: HK$358.2m (down 28% from FY 2021). Profit margin: 9.7% (down from 14% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. Executive Chairman of the Board Gang Wang was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 19Upcoming dividend of HK$0.035 per shareEligible shareholders must have bought the stock before 26 September 2022. Payment date: 28 October 2022. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of German dividend payers (5.0%). In line with average of industry peers (5.2%).
Board Change • Sep 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 6 highly experienced directors. Executive Chairman of the Board Gang Wang was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Sep 01First half 2022 earnings released: EPS: HK$0.25 (vs HK$0.25 in 1H 2021)First half 2022 results: EPS: HK$0.25 (up from HK$0.25 in 1H 2021). Revenue: HK$1.96b (down 2.6% from 1H 2021). Net income: HK$272.5m (up 3.2% from 1H 2021). Profit margin: 14% (in line with 1H 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Aug 31Tianjin Development Holdings Limited Declares Interim Dividend for the Six Months Ended 30 June 2022, Payable on 28 October 2022Tianjin Development Holdings Limited declared interim dividend of HKD 0.0345 per share for the six months ended 30 June 2022. Ex-dividend date is 26 September 2022. Record date is 30 September 2022. Payment date is 28 October 2022.
お知らせ • Aug 18Tianjin Development Holdings Limited to Report First Half, 2022 Results on Aug 30, 2022Tianjin Development Holdings Limited announced that they will report first half, 2022 results on Aug 30, 2022
お知らせ • Jun 24Tianjin Development Holdings Limited Approves Final DividendTianjin Development Holdings Limited at its AGM held on 23 June 2022 approved final dividend of HK 5.50 cents per share.
Upcoming Dividend • Jun 22Upcoming dividend of HK$0.055 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 25 July 2022. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.4%). In line with average of industry peers (5.3%).
お知らせ • May 20Tianjin Development Holdings Limited, Annual General Meeting, Jun 23, 2022Tianjin Development Holdings Limited, Annual General Meeting, Jun 23, 2022, at 16:00 China Standard Time. Location: at 24th Floor, Admiralty Centre, Tower 1, 18 Harcourt Road Admiralty Hong Kong Agenda: To receive and consider the audited consolidated financial statements, the reports of the directors and independent auditor for the year ended 31 December 2021; to declare a final dividend of HK 5.50 cents per share; to consider re-election of Directors; to re-appoint Messrs. Deloitte Touche Tohmatsu as Independent Auditor and to authorize the Board to fix its remuneration; to grant a general mandate to the Directors to buy back shares not exceeding 10% of the existing total number of shares of the Company in issue; to grant a general mandate to the Directors to allot, issue and deal with additional shares not exceeding 20% of the existing total number of shares of the Company in issue; to extend the general mandate granted to the Directors to allot, issue and deal with shares by the number of shares bought back; and to transact such other business issues.
Reported Earnings • Apr 30Full year 2021 earnings released: EPS: HK$0.46 (vs HK$0.28 in FY 2020)Full year 2021 results: EPS: HK$0.46 (up from HK$0.28 in FY 2020). Revenue: HK$3.54b (down 5.5% from FY 2020). Net income: HK$496.9m (up 69% from FY 2020). Profit margin: 14% (up from 7.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Mar 31Full year 2021 earnings released: EPS: HK$0.46 (vs HK$0.28 in FY 2020)Full year 2021 results: EPS: HK$0.46 (up from HK$0.28 in FY 2020). Revenue: HK$3.54b (down 5.5% from FY 2020). Net income: HK$496.9m (up 69% from FY 2020). Profit margin: 14% (up from 7.9% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 31Tianjin Development Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2021, Payable on 25 July 2022Tianjin Development Holdings Limited proposed Final Dividend of HKD 0.055 per share for the year ended 31 December 2021. Record date is 05 July 2022, Ex dividend date is 29 June 2022 and payment date is 25 July 2022.
Buying Opportunity • Mar 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.4%. The fair value is estimated to be HK$0.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.7% per annum over the last 3 years. Earnings per share has declined by 9.5% per annum over the last 3 years.
Upcoming Dividend • Sep 17Upcoming dividend of HK$0.035 per shareEligible shareholders must have bought the stock before 24 September 2021. Payment date: 29 October 2021. Trailing yield: 4.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.4%).
Reported Earnings • Sep 01First half 2021 earnings released: EPS HK$0.25 (vs HK$0.18 in 1H 2020)The company reported a solid first half result with improved earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: HK$2.02b (up 41% from 1H 2020). Net income: HK$263.9m (up 37% from 1H 2020). Profit margin: 13% (in line with 1H 2020). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
お知らせ • Aug 22Tianjin Development Holdings Limited Provides Earnings Guidance for the Six Months Ended June 30, 2021Tianjin Development Holdings Limited provided earnings guidance for the six months ended June 30, 2021. For the six months, the group expects to record an increase of approximately 130% in its profit attributable to owners of the company for the six months ended 30 June 2021 as compared to the amount of HKD 114,549,000 for the corresponding period last year.
Upcoming Dividend • Jun 22Upcoming dividend of HK$0.048 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 26 July 2021. Trailing yield: 4.3%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (3.6%).
Reported Earnings • Mar 31Full year 2020 earnings released: EPS HK$0.28 (vs HK$0.30 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: HK$3.75b (down 18% from FY 2019). Net income: HK$294.5m (down 9.9% from FY 2019). Profit margin: 7.9% (up from 7.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 16Tianjin Development Holdings Limited to Report Fiscal Year 2020 Final Results on Mar 30, 2021Tianjin Development Holdings Limited announced that they will report fiscal year 2020 final results on Mar 30, 2021
お知らせ • Oct 17Tianjin Development Holdings Limited Announces Board ChangesThe board of directors of Tianjin Development Holdings Limited (the Company) announced that due to change of job positions, Mr. Wang Zhiyong (Mr. Wang) has resigned as Chairman and Executive Director, Chairman of the nomination committee, member of each of the remuneration committee and the investment committee and ceased to be an authorised representative of the Company as required under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the Listing Rules) with effect from 16 October 2020. The Board announced that Mr. Zhang Bingjun (Mr. Zhang) has been appointed as Chairman and Executive Director, Chairman of the nomination committee, member of each of the remuneration committee and the investment committee as well as authorized representative of the Company as required under Rule 3.05 of the Listing Rules with effect from 17 October 2020.
お知らせ • Aug 18Tianjin Development Holdings Limited to Report First Half, 2020 Results on Aug 28, 2020Tianjin Development Holdings Limited announced that they will report first half, 2020 results on Aug 28, 2020
お知らせ • Aug 10Tianjin Development Holdings Limited Provides Earnings Guidance for the Six Months Ended June 30, 2020Tianjin Development Holdings Limited provided earnings guidance for the six months ended June 30, 2020. The board of directors announced that based on the information available to the company for the first half of 2020 and as a result of the ongoing novel corona virus situation and market conditions, the Group expects to record a decrease in profit attributable to owners of the Company for the period ended 30 June 2020 by approximately 60% to 70% as compared to that of the period ended 30 June 2019 amounted to approximately HKD 360,640,000.