Announcement • Jun 30
TDG Holding Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026 TDG Holding Co., Ltd. announced that they will report first half, 2026 results on Aug 26, 2026 New Risk • May 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Announcement • 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 New Risk • Apr 16
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 22% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin). Announcement • 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 Announcement • 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 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.004 (vs CN¥0.037 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.004 (down from CN¥0.037 in 3Q 2024). Revenue: CN¥875.5m (down 12% from 3Q 2024). Net income: CN¥4.71m (down 90% from 3Q 2024). Profit margin: 0.5% (down from 4.6% in 3Q 2024). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Announcement • 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 New Risk • Sep 19
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 Chinese stocks, typically moving 7.2% 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 Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin). Price Target Changed • Aug 29
Price target increased by 50% to CN¥12.37 Up from CN¥8.25, the current price target is provided by 1 analyst. New target price is 30% above last closing price of CN¥9.50. Stock is up 54% over the past year. The company is forecast to post earnings per share of CN¥0.22 for next year compared to CN¥0.073 last year. Reported Earnings • Aug 26
Second quarter 2025 earnings released: EPS: CN¥0.004 (vs CN¥0.028 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.004 (down from CN¥0.028 in 2Q 2024). Revenue: CN¥869.5m (up 20% from 2Q 2024). Net income: CN¥4.65m (down 87% from 2Q 2024). Profit margin: 0.5% (down from 4.8% in 2Q 2024). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. 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. Announcement • 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 Announcement • 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. Major Estimate Revision • Apr 24
Consensus revenue estimates fall by 16% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥3.72b to CN¥3.13b. EPS estimate fell from CN¥0.24 to CN¥0.22 per share. Net income forecast to grow 205% next year vs 48% growth forecast for Electronic industry in China. Consensus price target broadly unchanged at CN¥8.28. Share price was steady at CN¥6.40 over the past week. Reported Earnings • Apr 21
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.073 (down from CN¥0.26 in FY 2023). Revenue: CN¥3.07b (down 17% from FY 2023). Net income: CN¥88.7m (down 73% from FY 2023). Profit margin: 2.9% (down from 8.8% in FY 2023). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 57%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • 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 Announcement • 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 Announcement • 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 Major Estimate Revision • Nov 04
Consensus EPS estimates fall by 26% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CN¥0.23 to CN¥0.17. Revenue forecast unchanged from CN¥3.47b at last update. Net income forecast to grow 64% next year vs 54% growth forecast for Electronic industry in China. Consensus price target up from CN¥7.14 to CN¥8.38. Share price was steady at CN¥7.75 over the past week. 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. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • 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 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 28% over the past three years. Major Estimate Revision • Aug 27
Consensus EPS estimates fall by 28% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.60b to CN¥3.47b. EPS estimate also fell from CN¥0.32 per share to CN¥0.23 per share. Net income forecast to grow 44% next year vs 55% growth forecast for Electronic industry in China. Consensus price target down from CN¥9.63 to CN¥7.14. Share price fell 3.8% to CN¥5.86 over the past week. Price Target Changed • Aug 21
Price target decreased by 26% to CN¥7.14 Down from CN¥9.66, the current price target is provided by 1 analyst. New target price is 18% above last closing price of CN¥6.03. Stock is down 36% over the past year. The company is forecast to post earnings per share of CN¥0.23 for next year compared to CN¥0.26 last year. 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. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 21% per year. Announcement • 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. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 3% per year. 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 18
Full year 2023 earnings: EPS and revenues miss analyst expectations 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). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 30%. Earnings per share (EPS) also missed analyst estimates by 19%. 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. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • 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 Announcement • 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. Total loss to shareholders of 12% over the past three years. 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. Total loss to shareholders of 29% over the past three years. Announcement • 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. Announcement • 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). Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • 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 Major Estimate Revision • Aug 24
Consensus EPS estimates fall by 15% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from CN¥5.69b to CN¥5.54b. EPS estimate also fell from CN¥0.43 per share to CN¥0.365 per share. Net income forecast to shrink 17% next year vs 59% growth forecast for Electronic industry in China . Consensus price target down from CN¥14.16 to CN¥12.67. Share price fell 6.5% to CN¥9.41 over the past week. 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. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Price Target Changed • Aug 18
Price target decreased by 11% to CN¥12.67 Down from CN¥14.16, the current price target is provided by 1 analyst. New target price is 31% above last closing price of CN¥9.64. Stock is down 34% over the past year. The company is forecast to post earnings per share of CN¥0.43 for next year compared to CN¥0.66 last year. Announcement • 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 New Risk • Jun 17
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 Chinese stocks, typically moving 7.2% 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 Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). 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. Total returns to shareholders of 23% over the past three years. 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. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Feb 03
Now 21% undervalued Over the last 90 days, the stock is up 4.8%. The fair value is estimated to be CN¥16.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 37%. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥13.48, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 38x in the Electronic industry in China. Total returns to shareholders of 70% over the past three years. Board Change • Nov 16
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. Reported Earnings • Oct 18
Third quarter 2022 earnings released: EPS: CN¥0.40 (vs CN¥0.12 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.40 (up from CN¥0.12 in 3Q 2021). Revenue: CN¥1.28b (up 3.2% from 3Q 2021). Net income: CN¥398.6m (up 226% from 3Q 2021). Profit margin: 31% (up from 9.8% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 17
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥11.86, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Electronic industry in China. Total returns to shareholders of 90% over the past three years. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: CN¥0.14 (vs CN¥0.12 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.14 (up from CN¥0.12 in 2Q 2021). Revenue: CN¥1.16b (up 18% from 2Q 2021). Net income: CN¥144.2m (up 21% from 2Q 2021). Profit margin: 12% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 32%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 28% per year. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥13.69, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 22x in the Electronic industry in China. Total returns to shareholders of 93% over the past three years. Buying Opportunity • Jun 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be CN¥12.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 63% in 2 years. Earnings is forecast to grow by 80% in the next 2 years. Buying Opportunity • May 24
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 32%. The fair value is estimated to be CN¥12.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 26%. Revenue is forecast to grow by 63% in 2 years. Earnings is forecast to grow by 80% in the next 2 years. Reported Earnings • May 02
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: CN¥0.11 (up from CN¥0.11 in 1Q 2021). Revenue: CN¥964.0m (up 13% from 1Q 2021). Net income: CN¥109.6m (up 4.7% from 1Q 2021). Profit margin: 11% (in line with 1Q 2021). Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) missed analyst estimates by 8.7%. Over the next year, revenue is forecast to grow 29%, compared to a 25% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 20
TDG Holding Co., Ltd. announced that it has received CNY 2.5 billion in funding On April 20, 2022, TDG Holding Co., Ltd. closed the transaction. The company announced that it has received China Securities Regulatory Commission Administrative License Application Receipt (Acceptance No. 220703). Buying Opportunity • Apr 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 30%. The fair value is estimated to be CN¥12.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 23% per annum. Earnings is also forecast to grow by 25% per annum over the same time period. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥11.64, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 24x in the Electronic industry in China. Total returns to shareholders of 46% over the past three years. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥18.14, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 31x in the Electronic industry in China. Total returns to shareholders of 228% over the past three years. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥18.10, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 29x in the Electronic industry in China. Total returns to shareholders of 220% over the past three years. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥14.91, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 27x in the Electronic industry in China. Total returns to shareholders of 170% over the past three years. Reported Earnings • Oct 20
Third quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.12 in 3Q 2020) The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: CN¥1.24b (up 52% from 3Q 2020). Net income: CN¥122.3m (flat on 3Q 2020). Profit margin: 9.8% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS CN¥0.12 (vs CN¥0.12 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: CN¥986.3m (up 9.9% from 2Q 2020). Net income: CN¥119.0m (up 5.5% from 2Q 2020). Profit margin: 12% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 21% per year. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.11 (vs CN¥0.099 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥850.8m (up 66% from 1Q 2020). Net income: CN¥104.7m (up 5.8% from 1Q 2020). Profit margin: 12% (down from 19% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 05
New 90-day low: CN¥8.87 The company is down 8.0% from its price of CN¥9.66 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 6.0% over the same period. Is New 90 Day High Low • Jan 21
New 90-day high: CN¥11.06 The company is up 12% from its price of CN¥9.88 on 23 October 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: CN¥10.58 The company is up 7.0% from its price of CN¥9.90 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 18
New 90-day low: CN¥9.10 The company is down 14% from its price of CN¥10.60 on 18 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.59 per share. Is New 90 Day High Low • Nov 28
New 90-day low: CN¥9.13 The company is down 19% from its price of CN¥11.25 on 28 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.52 per share. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥9.19 The company is down 18% from its price of CN¥11.16 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.52 per share. Major Estimate Revision • Oct 26
Analysts update estimates The 2020 consensus earning per share (EPS) estimate increased from CN¥0.28 to CN¥0.34. No change was made to the revenue estimate which at the last update was CN¥3.33b. Net income is expected to grow by 4.4% next year compared to 47% growth forecast for the Electronic industry in China. The consensus price target of CN¥13.20 was unchanged from the last update. Share price is down by 4.1% to CN¥9.88 over the past week. Reported Earnings • Oct 20
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥348.6m, up 77% from the prior year. Total revenue was CN¥3.11b over the last 12 months, up 20% from the prior year. Announcement • Oct 16
TDG Holding Co., Ltd. to Report Q3, 2020 Results on Oct 20, 2020 TDG Holding Co., Ltd. announced that they will report Q3, 2020 results on Oct 20, 2020 Is New 90 Day High Low • Sep 26
New 90-day low: CN¥9.72 The company is down 2.0% from its price of CN¥9.94 on 24 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.52 per share. Announcement • Jul 18
TDG Holding Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020 TDG Holding Co., Ltd. announced that they will report first half, 2020 results on Aug 29, 2020