Tianli Holdings Group Limited, an investment holding company, manufactures, sells, and trades in multi-layer ceramic chips (MLCC) in Mainland China, Hong Kong, and internationally.
The last earnings update was 36 days ago.
Discounted Cash Flow Calculation for DB:4EY using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
Tianli Holdings Group
is arrived at by discounting future cash flows to their present value using the 2 stage method.
We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
DB:4EY DCF 1st Stage: Next 10 year cash flow forecast
The current share price of
Tianli Holdings Group
is above its future cash flow value.
Often investors are willing to pay a
for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Tianli Holdings Group's
is considered below, and whether this is a fair price.
Price based on past earnings
Tianli Holdings Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Tianli Holdings Group 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Tianli Holdings Group
expected to grow at an
Unable to compare Tianli Holdings Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Tianli Holdings Group's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Tianli Holdings Group's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Tianli Holdings Group is high growth as no earnings estimate data is available.
Unable to determine if Tianli Holdings Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Tianli Holdings Group's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Tianli Holdings Group
has a total score of
4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Tianli Holdings Group's finances.
The net worth of a company is the difference between its assets and liabilities.
Tianli Holdings Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Tianli Holdings Group's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Tianli Holdings Group's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Debt is covered by short term assets, assets are 2.9x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Tong Pan had been Chief Risk Officer at Tianli Holdings Group Limited since August 11, 2017 until April 12, 2019 and serves as its Executive Director since August 11, 2017 and has been its CEO since April 12, 2019. Mr. Pan had held various executive positions at several banks and financial institutions in China with extensive experience in the fields of risk management, corporate banking and investment. Mr. Pan holds a Bachelor's Degree in International Finance from Hunan University (former name Hunan College of Finance and Economics) in the People's Republic of China.
Insufficient data for Tong to compare compensation growth.
Tong's remuneration is about average for companies of similar size in Germany.
Chairman of the Board
CEO & Executive Director
Chung Man Lo
Company Secretary & CFO
Chou Bang Yi Benjamin
Chief Legal Officer
Chief Technician of Mobile Phone Related Business
Board of Directors Tenure
Average tenure and age of the
Tianli Holdings Group
board of directors in years:
The average tenure for the Tianli Holdings Group board of directors is less than 3 years, this suggests a new board.
Tianli Holdings Group Limited, an investment holding company, manufactures, sells, and trades in multi-layer ceramic chips (MLCC) in Mainland China, Hong Kong, and internationally. It operates through three segments: Manufacture and Sale of MLCC, Investment and Financial Services, and Other General Trading. The company offers investment and financial services, including direct investments in debt and equity assets; asset management; financial technologies; and financial advisory services. It also trades in commodities, such as metals, minerals, and petroleum products. In addition, the company engages in the leasing of properties. The company was formerly known as EYANG Holdings (Group) Co., Limited and changed its name to Tianli Holdings Group Limited in July 2016. Tianli Holdings Group Limited was founded in 2001 and is headquartered in Admiralty, Hong Kong.
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