Declared Dividend • Apr 02
Final dividend of HK$0.06 announced Shareholders will receive a dividend of HK$0.06. Ex-date: 28th May 2026 Payment date: 24th June 2026 Dividend yield will be 5.1%, which is lower than the industry average of 7.5%. Sustainability & Growth The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 25% to bring the payout ratio under control, which is less than the 72% EPS growth achieved over the last 5 years. Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: HK$0.071 (vs HK$0.24 in FY 2024) Full year 2025 results: EPS: HK$0.071 (down from HK$0.24 in FY 2024). Revenue: HK$12.0b (down 5.2% from FY 2024). Net income: HK$143.6m (down 70% from FY 2024). Profit margin: 1.2% (down from 3.8% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 1% per year. お知らせ • Mar 30
Tan Chong International Limited, Annual General Meeting, May 22, 2026 Tan Chong International Limited, Annual General Meeting, May 22, 2026. New Risk • Mar 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (9.7% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. お知らせ • Mar 16
Tan Chong International Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Tan Chong International Limited announced that they will report fiscal year 2025 results on Mar 30, 2026 お知らせ • Jan 07
Tan Chong International Limited Provides Unaudited Group Earnings Guidance for the Year Ended 31 December 2025 Tan Chong International Limited provided unaudited group earnings guidance for the year ended 31 December 2025. For the year, the Group is expected to record an unaudited gain of HKD 327 million on its investments designated at fair value through other comprehensive income for the year ended 31 December 2025. The gain is due to share price changes of its listed investments, which are marked to market amounting to HKD 280 million, as well as additional fair value gain of HKD 47 million from 1 January 2025 to the respective dates of disposal of ordinary shares of Subaru Corporation through open market and through the exercise of call options as announced by the Company on 19 September 2025, 25 September 2025 and 9 December 2025. The gain will be reported in the Group's other comprehensive income statement for the Period. It is not expected to be reclassified to the Group's consolidated statement of profit or loss. Additionally, the Group is expected to record an unaudited gain of HKD 0.4 million from the exercise of the call options, which will be reported in the Group's consolidated statement of profit or loss. Reported Earnings • Aug 28
First half 2025 earnings released: EPS: HK$0.006 (vs HK$0.018 loss in 1H 2024) First half 2025 results: EPS: HK$0.006 (up from HK$0.018 loss in 1H 2024). Revenue: HK$6.51b (down 1.2% from 1H 2024). Net income: HK$11.7m (up HK$47.6m from 1H 2024). Profit margin: 0.2% (up from net loss in 1H 2024). 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 8% per year, which means it is performing significantly worse than earnings. お知らせ • Aug 15
Tan Chong International Limited to Report First Half, 2025 Results on Aug 27, 2025 Tan Chong International Limited announced that they will report first half, 2025 results on Aug 27, 2025 Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$1.23, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 6x in the Retail Distributors industry in Singapore. Total loss to shareholders of 24% over the past three years. お知らせ • Jul 03
Tan Chong International Limited Provides Unaudited Earnings Guidance for the Six Months Ended 30 June 2025 Tan Chong International Limited provided unaudited earnings guidance for the six months ended 30 June 2025. The group is expected to record an unaudited unrealised loss on its investments designated as at fair value through other comprehensive income for the six months ended 30 June 2025 (the "Period"). The loss is due to share price changes of its listed investments, which are marked to market and therefore unrealised. The expected unrealised loss amounts to HKD 37 million as compared to the unrealised gain of HKD 262 million for the corresponding six months period in 2024. The unrealised loss will be reported in the Group's other comprehensive income statement for the Period. It is not expected to be reclassified to the Group's consolidated statement of profit or loss. Board Change • Jun 10
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Deputy Chairman Charles Tseng was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • May 27
Tan Chong International Limited Announces Retirement of Joseph Ong Yong Loke as a Non-Executive Director Tan Chong International Limited announced that Mr. Joseph Ong Yong Loke has ceased to be the Non-executive Director effective from 27 May 2025. Mr. Ong has confirmed that he has no disagreement with the Board and that he is not aware of any matter in respect of his retirement as the NED that needs to be brought to the attention of the shareholders of the Company. Upcoming Dividend • May 23
Upcoming dividend of HK$0.055 per share Eligible shareholders must have bought the stock before 30 May 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 6.8%. Within top quartile of Singaporean dividend payers (5.9%). Higher than average of industry peers (5.1%). New Risk • Apr 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.4% 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: Major Risk Debt is not well covered by operating cash flow (7.7% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.4% average weekly change). Declared Dividend • Apr 01
Final dividend increased to HK$0.055 Dividend of HK$0.055 is 22% higher than last year. Ex-date: 4th June 2025 Payment date: 26th June 2025 Dividend yield will be 7.1%, which is lower than the industry average of 7.5%. Sustainability & Growth The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 29
Full year 2024 earnings released: EPS: HK$0.24 (vs HK$0.14 in FY 2023) Full year 2024 results: EPS: HK$0.24 (up from HK$0.14 in FY 2023). Revenue: HK$12.7b (down 8.2% from FY 2023). Net income: HK$479.3m (up 71% from FY 2023). Profit margin: 3.8% (up from 2.0% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 19% per year. お知らせ • Mar 14
Tan Chong International Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 Tan Chong International Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 お知らせ • Jan 08
Tan Chong International Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2024 Tan Chong International Limited provided consolidated earnings guidance for the year ended 31 December 2024. The Group is expected to record an unaudited unrealised loss on its investments designated at fair value through other comprehensive income for the year ended 31 December 2024 (the "Period"). The loss is due to share price changes of its listed investments, which are marked to market and therefore unrealised. The expected unrealised loss amounts to HKD 29 million as compared to an audited unrealised gain of HKD 270 million for the corresponding period in 2023. Declared Dividend • Aug 31
First half dividend of HK$0.02 announced Shareholders will receive a dividend of HK$0.02. Ex-date: 11th September 2024 Payment date: 26th September 2024 Dividend yield will be 5.0%, which is lower than the industry average of 7.5%. Sustainability & Growth Dividend is not covered by earnings (129% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 43% to bring the payout ratio under control. However, EPS has declined by 20% over the last 5 years so the company would need to reverse this trend. お知らせ • Aug 29
Tan Chong International Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 26 September 2024 Tan Chong International Limited announced the interim dividend of HKD 0.02 per share for the six months ended 30 June 2024. Ex-dividend date is on 11 September 2024 with Record date is on 16 September 2024. Payment date is on 26 September 2024. お知らせ • Aug 15
Tan Chong International Limited to Report First Half, 2024 Results on Aug 29, 2024 Tan Chong International Limited announced that they will report first half, 2024 results on Aug 29, 2024 お知らせ • Jul 08
Tan Chong International Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2024 Tan Chong International Limited provided consolidated earnings guidance for the six months ended 30 June 2024 . The total profit from operations in the first half of 2024 dropped from HKD 432 million to HKD 250 million. The profit after tax dropped from HKD 187 million to HKD 25 million. Upcoming Dividend • May 24
Upcoming dividend of HK$0.045 per share Eligible shareholders must have bought the stock before 31 May 2024. Payment date: 27 June 2024. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 5.6%. Lower than top quartile of Singaporean dividend payers (6.2%). Lower than average of industry peers (7.3%). Reported Earnings • Apr 28
Full year 2023 earnings released: EPS: HK$0.14 (vs HK$0.21 in FY 2022) Full year 2023 results: EPS: HK$0.14 (down from HK$0.21 in FY 2022). Revenue: HK$13.8b (up 2.6% from FY 2022). Net income: HK$280.3m (down 33% from FY 2022). Profit margin: 2.0% (down from 3.1% in FY 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Declared Dividend • Mar 30
Final dividend of HK$0.045 announced Shareholders will receive a dividend of HK$0.045. Ex-date: 5th June 2024 Payment date: 27th June 2024 Dividend yield will be 5.7%, which is lower than the industry average of 7.5%. Sustainability & Growth The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 40% to shift the payout ratio to a potentially unsustainable range, which is more than the 14% EPS decline seen over the last 5 years. お知らせ • Mar 29
Tan Chong International Limited, Annual General Meeting, May 28, 2024 Tan Chong International Limited, Annual General Meeting, May 28, 2024, at 11:00 China Standard Time. Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: HK$0.14 (vs HK$0.21 in FY 2022) Full year 2023 results: EPS: HK$0.14 (down from HK$0.21 in FY 2022). Revenue: HK$13.8b (up 2.6% from FY 2022). Net income: HK$280.3m (down 33% from FY 2022). Profit margin: 2.0% (down from 3.1% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. お知らせ • Mar 16
Tan Chong International Limited to Report Fiscal Year 2023 Final Results on Mar 28, 2024 Tan Chong International Limited announced that they will report fiscal year 2023 final results on Mar 28, 2024 お知らせ • Feb 09
Tan Chong International Limited Announces Dividend for the Second Quarter of Fiscal Year 2024 Tan Chong International Limited announced dividend of JPY 15 per share for the second quarter of fiscal year 2024. Buy Or Sell Opportunity • Feb 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to HK$1.34. The fair value is estimated to be HK$1.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 65%. Buy Or Sell Opportunity • Jan 22
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to HK$1.35. The fair value is estimated to be HK$1.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 65%. Buying Opportunity • Jan 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be HK$1.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 65%. Board Change • Nov 08
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Director Charles Tseng was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 31
Upcoming dividend of HK$0.03 per share at 6.3% yield Eligible shareholders must have bought the stock before 07 September 2023. Payment date: 26 September 2023. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 6.3%. Within top quartile of Singaporean dividend payers (6.2%). Lower than average of industry peers (7.3%). お知らせ • Aug 24
Tan Chong International Limited Announces Interim (Semi-Annual) Dividend for the Six Months Ended 30 June 2023, Payment Date 26 September 2023 Tan Chong International Limited announced Interim (Semi-annual) Dividend of HKD 0.03 per share for the Six Months Ended 30 June 2023, Ex-dividend date 07 September 2023, Record date 12 September 2023 and Payment date 26 September 2023. Reported Earnings • Aug 24
First half 2023 earnings released: EPS: HK$0.063 (vs HK$0.065 in 1H 2022) First half 2023 results: EPS: HK$0.063 (down from HK$0.065 in 1H 2022). Revenue: HK$7.32b (up 13% from 1H 2022). Net income: HK$126.9m (down 2.8% from 1H 2022). Profit margin: 1.7% (down from 2.0% in 1H 2022). Over the last 3 years on average, earnings per share has increased by 65% 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 08
Tan Chong International Limited to Report First Half, 2023 Results on Aug 23, 2023 Tan Chong International Limited announced that they will report first half, 2023 results on Aug 23, 2023 お知らせ • Jul 13
Tan Chong International Limited Provides Earnings Guidance for the Six Months Ended June 30, 2023 Tan Chong International Limited provided earnings guidance for the six months ended June 30, 2023. For the period, Company expected unrealised gain amounts to HKD 309 million as compared to the unrealised loss of HKD 7.8 million. Upcoming Dividend • May 24
Upcoming dividend of HK$0.075 per share at 6.0% yield Eligible shareholders must have bought the stock before 31 May 2023. Payment date: 21 June 2023. Payout ratio is a comfortable 48% but the company is not cash flow positive. Trailing yield: 6.0%. Lower than top quartile of Singaporean dividend payers (6.4%). Lower than average of industry peers (6.7%). Reported Earnings • Apr 22
Full year 2022 earnings released: EPS: HK$0.21 (vs HK$0.19 in FY 2021) Full year 2022 results: EPS: HK$0.21 (up from HK$0.19 in FY 2021). Revenue: HK$13.5b (up 14% from FY 2021). Net income: HK$418.1m (up 11% from FY 2021). Profit margin: 3.1% (down from 3.2% in FY 2021). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Apr 06
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Director Charles Tseng was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: HK$0.21 (vs HK$0.19 in FY 2021) Full year 2022 results: EPS: HK$0.21 (up from HK$0.19 in FY 2021). Revenue: HK$13.5b (up 14% from FY 2021). Net income: HK$418.1m (up 11% from FY 2021). Profit margin: 3.1% (down from 3.2% 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 64% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Mar 17
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Director Charles Tseng was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 28
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Director Charles Tseng was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 30
Upcoming dividend of HK$0.025 per share Eligible shareholders must have bought the stock before 06 September 2022. Payment date: 21 September 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Singaporean dividend payers (6.0%). Lower than average of industry peers (6.4%). Reported Earnings • Aug 23
First half 2022 earnings released: EPS: HK$0.065 (vs HK$0.013 in 1H 2021) First half 2022 results: EPS: HK$0.065 (up from HK$0.013 in 1H 2021). Revenue: HK$6.48b (up 5.3% from 1H 2021). Net income: HK$130.6m (up 382% from 1H 2021). Profit margin: 2.0% (up from 0.4% in 1H 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 20
Upcoming dividend of HK$0.05 per share Eligible shareholders must have bought the stock before 27 May 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Singaporean dividend payers (6.0%). Lower than average of industry peers (6.6%). Upcoming Dividend • Aug 31
Upcoming dividend of HK$0.015 per share Eligible shareholders must have bought the stock before 07 September 2021. Payment date: 21 September 2021. Trailing yield: 2.2%. Lower than top quartile of Singaporean dividend payers (5.2%). Lower than average of industry peers (3.7%). Reported Earnings • Aug 27
First half 2021 earnings released: EPS HK$0.013 (vs HK$0.037 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$6.16b (up 6.4% from 1H 2020). Net income: HK$27.1m (up HK$102.4m from 1H 2020). Profit margin: 0.4% (up from net loss in 1H 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Upcoming Dividend • May 28
Upcoming dividend of HK$0.03 per share Eligible shareholders must have bought the stock before 02 June 2021. Payment date: 25 June 2021. Trailing yield: 2.0%. Lower than top quartile of Singaporean dividend payers (4.8%). Lower than average of industry peers (2.7%). Reported Earnings • Apr 24
Full year 2020 earnings released: EPS HK$0.005 (vs HK$0.11 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$12.3b (down 15% from FY 2019). Net income: HK$9.51m (down 96% from FY 2019). Profit margin: 0.1% (down from 1.5% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 31
Full year 2020 earnings released: EPS HK$0.005 (vs HK$0.11 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$12.3b (down 15% from FY 2019). Net income: HK$9.51m (down 96% from FY 2019). Profit margin: 0.1% (down from 1.5% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 08
New 90-day high: HK$2.08 The company is up 2.0% from its price of HK$2.04 on 10 November 2020. The Singaporean market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 12% over the same period. Is New 90 Day High Low • Oct 28
New 90-day high: HK$2.09 The company is up 6.0% from its price of HK$1.97 on 30 July 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is down 5.0% over the same period. Is New 90 Day High Low • Oct 13
New 90-day high: HK$2.06 The company is up 8.0% from its price of HK$1.90 on 14 July 2020. The Singaporean market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is down 8.0% over the same period.