New Risk • Jun 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Market cap is less than US$100m (€51.9m market cap, or US$59.9m). Board Change • May 20
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. 7 experienced directors. 3 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Sze Irons was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Mar 27
Tongda Group Holdings Limited, Annual General Meeting, May 29, 2026 Tongda Group Holdings Limited, Annual General Meeting, May 29, 2026. Announcement • Jan 16
Tongda Group Holdings Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 Tongda Group Holdings Limited announced that they will report fiscal year 2025 results on Mar 26, 2026 Announcement • Jul 11
Tongda Group Holdings Limited to Report First Half, 2025 Results on Aug 22, 2025 Tongda Group Holdings Limited announced that they will report first half, 2025 results on Aug 22, 2025 Announcement • Jul 09
Tongda Group Holdings Limited Announces Change in Composition of the Nomination Committee, Effective 7 July 2025 The board of directors of Tongda Group Holdings Limited hereby announces that with effect from 7 July 2025, Ms. Chan Sze Man has been appointed as a member of the nomination committee of the Board. Following the above changes, the Nomination Committee shall comprise one executive Director, three independent non-executive Directors and one non-executive Director, namely, Mr. Wang Ya Nan (Chairman of the Board and the Nomination Committee), Dr. Yu Sun Say, Mr. Cheung Wah Fung, Christopher, Mr. Ting Leung Huel, Stephen and Ms. Chan. Announcement • Mar 27
Tongda Group Holdings Limited, Annual General Meeting, May 29, 2025 Tongda Group Holdings Limited, Annual General Meeting, May 29, 2025. Announcement • Jan 15
Tongda Group Holdings Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Tongda Group Holdings Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Reported Earnings • Sep 02
First half 2024 earnings released: EPS: HK$0.001 (vs HK$0.005 in 1H 2023) First half 2024 results: EPS: HK$0.001 (down from HK$0.005 in 1H 2023). Revenue: HK$2.99b (up 5.4% from 1H 2023). Net income: HK$12.8m (down 73% from 1H 2023). Profit margin: 0.4% (down from 1.7% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. New Risk • Jul 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €90.8m (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Market cap is less than US$100m (€90.8m market cap, or US$98.5m). Announcement • Jul 17
Tongda Group Holdings Limited to Report First Half, 2024 Results on Aug 28, 2024 Tongda Group Holdings Limited announced that they will report first half, 2024 results on Aug 28, 2024 Announcement • Apr 04
Novo Tellus Capital Partners and 65 Equity Partners Holdings Pte. Ltd. acquired TDConnex from Tongda Group Holdings Limited. Novo Tellus Capital Partners and 65 Equity Partners Holdings Pte. Ltd. acquired TDConnex from Tongda Group Holdings Limited on April 3, 2024. Novo Tellus Capital Partners and 65 Equity Partners Holdings Pte. Ltd. completed the acquisition of TDConnex from Tongda Group Holdings Limited on April 3, 2024. Announcement • Mar 28
Tongda Group Holdings Limited, Annual General Meeting, May 29, 2024 Tongda Group Holdings Limited, Annual General Meeting, May 29, 2024. Reported Earnings • Mar 28
Full year 2023 earnings released: HK$0.13 loss per share (vs HK$0.042 profit in FY 2022) Full year 2023 results: HK$0.13 loss per share (down from HK$0.042 profit in FY 2022). Revenue: HK$6.52b (down 14% from FY 2022). Net loss: HK$1.23b (down 401% from profit in FY 2022). Revenue is forecast to stay flat during the next 2 years compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 13 percentage points per year, which is a significant difference in performance. Announcement • Feb 06
Tongda Group Holdings Limited to Report Fiscal Year 2023 Results on Mar 27, 2024 Tongda Group Holdings Limited announced that they will report fiscal year 2023 results on Mar 27, 2024 Buying Opportunity • Aug 30
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be €0.0074, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 40% in 2 years. Earnings is forecast to decline by 14% in the next 2 years. Reported Earnings • Aug 29
First half 2023 earnings released: EPS: HK$0.005 (vs HK$0.003 in 1H 2022) First half 2023 results: EPS: HK$0.005 (up from HK$0.003 in 1H 2022). Revenue: HK$2.83b (down 34% from 1H 2022). Net income: HK$47.6m (up 43% from 1H 2022). Profit margin: 1.7% (up from 0.8% in 1H 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. 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 49% per year, which means it is performing significantly worse than earnings. New Risk • Aug 06
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.6% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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 (60% average weekly change). Earnings are forecast to decline by an average of 4.6% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Announcement • Jul 29
Tongda Group Holdings Limited to Report First Half, 2023 Results on Aug 28, 2023 Tongda Group Holdings Limited announced that they will report first half, 2023 results on Aug 28, 2023 Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: HK$0.042 (vs HK$0.029 in FY 2021) Full year 2022 results: EPS: HK$0.042 (up from HK$0.029 in FY 2021). Revenue: HK$7.56b (down 24% from FY 2021). Net income: HK$408.9m (up 79% from FY 2021). Profit margin: 5.4% (up from 2.3% in FY 2021). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings. Board Change • Nov 16
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. 5 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Sun Say Yu was the last independent director to join the board, commencing their role in 2007. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 01
First half 2022 earnings released: EPS: HK$0.003 (vs HK$0.008 in 1H 2021) First half 2022 results: EPS: HK$0.003 (down from HK$0.008 in 1H 2021). Revenue: HK$4.27b (down 17% from 1H 2021). Net income: HK$33.2m (down 39% from 1H 2021). Profit margin: 0.8% (down from 1.1% in 1H 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 18%, compared to a 16% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings. Announcement • Jul 30
Tongda Group Holdings Limited to Report First Half, 2022 Results on Aug 30, 2022 Tongda Group Holdings Limited announced that they will report first half, 2022 results on Aug 30, 2022 Board Change • Apr 28
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. 6 non-independent directors. Independent Non-Executive Director Sun Say Yu was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 15
Full year 2021 earnings released: EPS: HK$0.029 (vs HK$0.054 in FY 2020) Full year 2021 results: EPS: HK$0.029 (down from HK$0.054 in FY 2020). Revenue: HK$9.97b (up 2.2% from FY 2020). Net income: HK$228.2m (down 35% from FY 2020). Profit margin: 2.3% (down from 3.6% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.7%, compared to a 27% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings. Board Change • Apr 12
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. 6 non-independent directors. Independent Non-Executive Director Sun Say Yu was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 30
Full year 2021 earnings released: EPS: HK$0.029 (vs HK$0.054 in FY 2020) Full year 2021 results: EPS: HK$0.029 (down from HK$0.054 in FY 2020). Revenue: HK$9.97b (up 2.2% from FY 2020). Net income: HK$228.2m (down 35% from FY 2020). Profit margin: 2.3% (down from 3.6% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 18%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings. Announcement • Mar 29
Tongda Group Holdings Limited, Annual General Meeting, May 13, 2022 Tongda Group Holdings Limited, Annual General Meeting, May 13, 2022. Announcement • Feb 22
Tongda Group Holdings Limited to Report Fiscal Year 2021 Results on Mar 28, 2022 Tongda Group Holdings Limited announced that they will report fiscal year 2021 results on Mar 28, 2022 Announcement • Sep 15
Tongda Group Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 751.622591 million. Tongda Group Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 751.622591 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,323,705,000
Price\Range: HKD 0.232
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,916,047,548
Price\Range: HKD 0.232
Transaction Features: Rights Offering Reported Earnings • Aug 31
First half 2021 earnings released: EPS HK$0.008 (vs HK$0.004 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$5.12b (up 28% from 1H 2020). Net income: HK$54.2m (up 87% from 1H 2020). Profit margin: 1.1% (up from 0.7% in 1H 2020). The increase in margin was driven by higher revenue. Board Change • Aug 31
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. 6 non-independent directors. Independent Non-Executive Director Sun Say Yu was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 08
Tongda Group Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021 Tongda Group Holdings Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, it is expected that the net profit attributable to the owners of the Company will record an approximate increase of not less than 75% as compared with the corresponding period in 2020. Reported Earnings • Mar 25
Full year 2020 earnings released: EPS HK$0.054 (vs HK$0.062 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: HK$9.76b (up 6.2% from FY 2019). Net income: HK$351.3m (down 13% from FY 2019). Profit margin: 3.6% (down from 4.4% in FY 2019). The decrease in margin was driven by higher expenses. Analyst Estimate Surprise Post Earnings • Mar 07
Revenue beats expectations Revenue exceeded analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 6.9%, compared to a 18% growth forecast for the Electronic industry in Germany. Reported Earnings • Mar 07
Full year 2020 earnings released: EPS HK$0.054 (vs HK$0.062 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: HK$9.76b (up 6.2% from FY 2019). Net income: HK$351.3m (down 13% from FY 2019). Profit margin: 3.6% (down from 4.4% in FY 2019). The decrease in margin was driven by higher expenses. Announcement • Mar 06
Tongda Group Holdings Limited, Annual General Meeting, May 14, 2021 Tongda Group Holdings Limited, Annual General Meeting, May 14, 2021. Announcement • Feb 10
Tongda Group Holdings Limited to Report Fiscal Year 2020 Results on Mar 05, 2021 Tongda Group Holdings Limited announced that they will report fiscal year 2020 results on Mar 05, 2021 Announcement • Nov 26
Tongda Group Holdings Limited Announces Executive Changes The board of directors of Tongda Group Holdings Limited announced that Ms. Cheuk Tat Yee has tendered her resignation as the company secretary of the company with
effect from 25 November 2020. The board announced that Mr. Chan Paan Paan has been appointed as the Company Secretary with effect from 25 November 2020. Mr. Chan graduated from the Hong Kong Baptist University with a Bachelor degree in Accounting. He is a member of the Hong Kong Institute of Certified Public Accountants. Announcement • Aug 22
Tongda Group Holdings Limited Does Not Recommend the Payment of Interim Dividend for the Six Months Ended 30 June 2020 The Board of Tongda Group Holdings Limited does not recommend the payment of any interim dividend for the six months ended 30 June 2020 (2019: declared an interim dividend of HK 1.0 cent per ordinary share). Announcement • Aug 04
Tongda Group Holdings Limited to Report First Half, 2020 Results on Aug 20, 2020 Tongda Group Holdings Limited announced that they will report first half, 2020 results on Aug 20, 2020