TC Orient Lighting Holdings Limited, an investment holding company, manufactures and trades in light emitting diode (LED) lighting products and printed circuit boards (PCBs).
+ 1 more risk
Worrying balance sheet with weak fundamentals.
Share Price & News
How has TC Orient Lighting Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 4DT's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 4DT underperformed the German Electronic industry which returned -28.2% over the past year.
Return vs Market: 4DT underperformed the German Market which returned -20.9% over the past year.
Price Volatility Vs. Market
How volatile is TC Orient Lighting Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is TC Orient Lighting Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 4DT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 4DT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 4DT is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: 4DT is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 4DT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 4DT is overvalued based on its PB Ratio (1.3x) compared to the DE Electronic industry average (1.2x).
How is TC Orient Lighting Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as TC Orient Lighting Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of 4DT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- TC Orient Lighting Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has TC Orient Lighting Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4DT is currently unprofitable.
Growing Profit Margin: 4DT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 4DT is unprofitable, and losses have increased over the past 5 years at a rate of -4% per year.
Accelerating Growth: Unable to compare 4DT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 4DT is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-7.4%).
Return on Equity
High ROE: 4DT has a negative Return on Equity (-209.65%), as it is currently unprofitable.
How is TC Orient Lighting Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 4DT's short term assets (HK$353.5M) do not cover its short term liabilities (HK$448.1M).
Long Term Liabilities: 4DT's short term assets (HK$353.5M) exceed its long term liabilities (HK$14.7M).
Debt to Equity History and Analysis
Debt Level: 4DT's debt to equity ratio (251.2%) is considered high.
Reducing Debt: 4DT's debt to equity ratio has increased from 60.1% to 251.2% over the past 5 years.
Inventory Level: 4DT has a high level of physical assets or inventory.
Debt Coverage by Assets: 4DT's debt is covered by short term assets (assets are 2.4x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 4DT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 4DT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is TC Orient Lighting Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 4DT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 4DT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 4DT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 4DT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 4DT is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 4DT's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
TC Orient Lighting Holdings has no CEO, or we have no data on them.
|Executive Director||3.58yrs||HK$555.00k||no data|
|Executive Director||3yrs||HK$287.00k||no data|
|Executive Director||2.08yrs||HK$566.33k||0.037% HK$6.3k|
|Executive Director||1.92yrs||HK$244.72k||no data|
|Executive Director||0.42yr||no data||no data|
|Independent Non-Executive Director||1.83yrs||HK$103.00k||no data|
|Independent Non-Executive Director||3.58yrs||HK$155.00k||no data|
|Independent Non-Executive Director||3.58yrs||HK$275.00k||no data|
|Independent Executive Director||3.75yrs||HK$275.00k||no data|
Experienced Board: 4DT's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21.1%.
TC Orient Lighting Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: TC Orient Lighting Holdings Limited
- Ticker: 4DT
- Exchange: DB
- Founded: 1988
- Industry: Electronic Components
- Sector: Tech
- Market Cap: HK$144.067m
- Listing Market Cap: HK$17.184m
- Shares outstanding: 2.72b
- Website: https://www.tatchun.com
Number of Employees
- TC Orient Lighting Holdings Limited
- Unit E, Tower B
- 30th Floor
- Kowloon Bay
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|515||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jun 2006|
|4DT||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 2006|
TC Orient Lighting Holdings Limited, an investment holding company, manufactures and trades in light emitting diode (LED) lighting products and printed circuit boards (PCBs). The company offers single-sided, double-sided, multi-layered, and HDI PCBs for multinational corporations, various Chinese brands, and electronics manufacturing service companies; and produces, sells, and installs LED street lamps for governments and LED lighting commercial projects. Its products are primarily used in consumer electronics, computers and computer peripherals, communications equipment, and automotive electronics. The company also trades in tower and electric cables. It has operations in the People’s Republic of China, Hong Kong, Taiwan, Japan, Korea, other Asian countries, the United States, Austria, Hungary, Switzerland, Turkey, France, Germany, other European countries, and internationally. The company was formerly known as TC Interconnect Holdings Limited and changed its name to TC Orient Lighting Holdings Limited in March 2012. TC Orient Lighting Holdings Limited was founded in 1988 and is headquartered in Kowloon Bay, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/06 23:13|
|End of Day Share Price||2020/04/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.