Board Change • May 20
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Supervisor Xuexiao Jin was the last director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Apr 28
TDG Holding Co., Ltd., Annual General Meeting, May 18, 2026 TDG Holding Co., Ltd., Annual General Meeting, May 18, 2026, at 10:00 China Standard Time. Location: The Company's Meeting Room, Haining, Zhejiang China 공시 • Mar 30
TDG Holding Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 TDG Holding Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 공시 • Dec 26
TDG Holding Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 TDG Holding Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 공시 • Sep 30
TDG Holding Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 TDG Holding Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 공시 • Jun 30
TDG Holding Co., Ltd. to Report First Half, 2025 Results on Aug 26, 2025 TDG Holding Co., Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 공시 • Apr 30
TDG Holding Co., Ltd. (SHSE:600330) announces an Equity Buyback for CNY 50 million worth of its shares. TDG Holding Co., Ltd. (SHSE:600330) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its class A shares. The company will repurchase its shares at a price not more than CNY 10 per share. The repurchased shares will be used for Employee Stock Ownership Plan. The plan will be valid till April 27, 2026. 공시 • Apr 18
TDG Holding Co., Ltd., Annual General Meeting, May 08, 2025 TDG Holding Co., Ltd., Annual General Meeting, May 08, 2025, at 10:00 China Standard Time. Location: No. 129, Shuanglian Road, Haining Economic Development Zone, Zhejiang China 공시 • Mar 28
TDG Holding Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025 TDG Holding Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 공시 • Dec 27
TDG Holding Co., Ltd. to Report Fiscal Year 2024 Results on Apr 18, 2025 TDG Holding Co., Ltd. announced that they will report fiscal year 2024 results on Apr 18, 2025 Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.037 (vs CN¥0.074 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.037 (down from CN¥0.074 in 3Q 2023). Revenue: CN¥992.6m (up 10% from 3Q 2023). Net income: CN¥45.4m (down 51% from 3Q 2023). Profit margin: 4.6% (down from 10% in 3Q 2023). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥7.37, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 21x in the Electronic industry in China. Total loss to shareholders of 21% over the past year. 공시 • Sep 30
TDG Holding Co., Ltd. to Report Q3, 2024 Results on Oct 29, 2024 TDG Holding Co., Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: CN¥0.028 (vs CN¥0.082 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.028 (down from CN¥0.082 in 2Q 2023). Revenue: CN¥723.8m (down 33% from 2Q 2023). Net income: CN¥34.5m (down 66% from 2Q 2023). Profit margin: 4.8% (down from 9.3% in 2Q 2023). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. 공시 • Jun 28
TDG Holding Co., Ltd. to Report First Half, 2024 Results on Aug 21, 2024 TDG Holding Co., Ltd. announced that they will report first half, 2024 results on Aug 21, 2024 Reported Earnings • Apr 26
First quarter 2024 earnings released: EPS: CN¥0.036 (vs CN¥0.07 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.036 (down from CN¥0.07 in 1Q 2023). Revenue: CN¥844.4m (down 6.9% from 1Q 2023). Net income: CN¥44.3m (down 49% from 1Q 2023). Profit margin: 5.3% (down from 9.6% in 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. New Risk • Apr 19
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.8% net profit margin). Reported Earnings • Apr 19
Full year 2023 earnings released: EPS: CN¥0.26 (vs CN¥0.66 in FY 2022) Full year 2023 results: EPS: CN¥0.26 (down from CN¥0.66 in FY 2022). Revenue: CN¥3.68b (down 18% from FY 2022). Net income: CN¥324.9m (down 52% from FY 2022). Profit margin: 8.8% (down from 15% in FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. 공시 • Apr 16
TDG Holding Co., Ltd., Annual General Meeting, May 07, 2024 TDG Holding Co., Ltd., Annual General Meeting, May 07, 2024, at 10:00 China Standard Time. Location: The Company's Meeting Room, Hainning, Zhejiang China 공시 • Mar 29
TDG Holding Co., Ltd. to Report Q1, 2024 Results on Apr 26, 2024 TDG Holding Co., Ltd. announced that they will report Q1, 2024 results on Apr 26, 2024 Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥8.46, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Electronic industry in China. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥6.21, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Electronic industry in China. 공시 • Jan 25
TDG Holding Co., Ltd. (SHSE:600330) announces an Equity Buyback for CNY 200 million worth of its shares. TDG Holding Co., Ltd. (SHSE:600330) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 11 per share. The repurchased share will be used for employee stock ownership plan. The shares will be repurchased using the company’s own funds. The program will be valid for a period of 12 months, until January 23, 2025. 공시 • Dec 29
TDG Holding Co., Ltd. to Report Fiscal Year 2023 Results on Apr 16, 2024 TDG Holding Co., Ltd. announced that they will report fiscal year 2023 results on Apr 16, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.074 (vs CN¥0.40 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.074 (down from CN¥0.40 in 3Q 2022). Revenue: CN¥900.0m (down 30% from 3Q 2022). Net income: CN¥92.2m (down 77% from 3Q 2022). Profit margin: 10% (down from 31% in 3Q 2022). 공시 • Sep 30
TDG Holding Co., Ltd. to Report Q3, 2023 Results on Oct 28, 2023 TDG Holding Co., Ltd. announced that they will report Q3, 2023 results at 3:00 PM, China Standard Time on Oct 28, 2023 Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.082 (vs CN¥0.14 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.082 (down from CN¥0.14 in 2Q 2022). Revenue: CN¥1.08b (down 6.9% from 2Q 2022). Net income: CN¥100.0m (down 31% from 2Q 2022). Profit margin: 9.3% (down from 12% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. 공시 • Jun 28
TDG Holding Co., Ltd. to Report First Half, 2023 Results on Aug 18, 2023 TDG Holding Co., Ltd. announced that they will report first half, 2023 results on Aug 18, 2023 Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥12.00, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 46x in the Electronic industry in China. Reported Earnings • Apr 15
Full year 2022 earnings released: EPS: CN¥0.66 (vs CN¥0.42 in FY 2021) Full year 2022 results: EPS: CN¥0.66 (up from CN¥0.42 in FY 2021). Revenue: CN¥4.51b (up 10% from FY 2021). Net income: CN¥669.4m (up 61% from FY 2021). Profit margin: 15% (up from 10% in FY 2021). The increase in margin was driven by higher revenue. Board Change • Mar 15
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Chairman Xiao Bin Zheng was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
