SEHK:2188

Stock Analysis Report

China Titans Energy Technology Group

Executive Summary

China Titans Energy Technology Group Co., Limited, an investment holding company, engages in the research, development, manufacture, and sale of power electric products and equipment in the People’s Republic of China.

Snowflake

Fundamentals

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has China Titans Energy Technology Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.1%

2188

-1.6%

HK Electrical

0.9%

HK Market


1 Year Return

-39.5%

2188

-32.1%

HK Electrical

0.6%

HK Market

Return vs Industry: 2188 underperformed the Hong Kong Electrical industry which returned -32.1% over the past year.

Return vs Market: 2188 underperformed the Hong Kong Market which returned 0.6% over the past year.


Shareholder returns

2188IndustryMarket
7 Day-2.1%-1.6%0.9%
30 Day-7.1%-4.8%0.4%
90 Day-22.0%-14.8%-5.5%
1 Year-39.5%-39.5%-31.1%-32.1%4.2%0.6%
3 Year-67.1%-67.1%-47.6%-49.6%15.5%3.9%
5 Year-57.8%-57.8%-45.0%-48.1%19.9%-0.1%

Price Volatility Vs. Market

How volatile is China Titans Energy Technology Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Titans Energy Technology Group undervalued compared to its fair value and its price relative to the market?

0.67x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate 2188's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 2188's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 2188 is unprofitable, so we can't compare its PE Ratio to the Electrical industry average.

PE vs Market: 2188 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 2188's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2188 is overvalued based on its PB Ratio (0.7x) compared to the HK Electrical industry average (0.6x).


Next Steps

Future Growth

How is China Titans Energy Technology Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

46.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2188 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 2188 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 2188 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if 2188's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 2188's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 2188's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has China Titans Energy Technology Group performed over the past 5 years?

39.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 2188 is unprofitable, but has reduced losses over the past 5 years at a rate of 39.9% per year.

Accelerating Growth: Unable to compare 2188's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2188 is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (7.8%).


Return on Equity

High ROE: 2188 has a negative Return on Equity (-7.28%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 2188 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 2188 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is China Titans Energy Technology Group's financial position?


Financial Position Analysis

Short Term Liabilities: 2188's short term assets (CN¥646.0M) exceeds its short term liabilities (CN¥201.2M)

Long Term Liabilities: 2188's short term assets (646.0M) exceeds its long term liabilities (111.0M)


Debt to Equity History and Analysis

Debt Level: 2188's debt to equity ratio (30.7%) is considered satisfactory

Reducing Debt: 2188's debt to equity ratio has increased from 21.3% to 30.7% over the past 5 years.

Debt Coverage: 2188's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 2188's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: 2188 has a high level of physical assets or inventory.

Debt Coverage by Assets: 2188's debt is covered by short term assets (assets are 3.524420x debt).


Next Steps

Dividend

What is China Titans Energy Technology Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.3%markettop25%6.3%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 2188's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 2188's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 2188's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2188's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 2188 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 2188's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of China Titans Energy Technology Group's salary, the management and board of directors tenure and is there insider trading?

8.6yrs

Average management tenure


CEO

Wei An (63yo)

8.6yrs

Tenure

CN¥467,000

Compensation

Mr. An Wei has been the Chief Executive Officer of China Titans Energy Technology Group Co., Limited since March 28, 2011 and also serves as its General Manager. Mr. Wei is responsible for the overall oper ...


CEO Compensation Analysis

Compensation vs. Market: Wei's total compensation ($USD65.95K) is about average for companies of similar size in the Hong Kong market ($USD212.49K).

Compensation vs Earnings: Wei's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

8.6yrs

Average Tenure

55yo

Average Age

Experienced Management: 2188's management team is seasoned and experienced (8.6 years average tenure).


Board Age and Tenure

9.2yrs

Average Tenure

50.5yo

Average Age

Experienced Board: 2188's board of directors are considered experienced (9.2 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Xin Qing Li (62yo)

    Executive Chairman

    • Tenure: 0yrs
    • Compensation: CN¥467.00k
  • Yang Fen Ou (54yo)

    General Manager of the Financial Centre

    • Tenure: 0yrs
  • Wei An (63yo)

    CEO & Executive Director

    • Tenure: 8.6yrs
    • Compensation: CN¥467.00k
  • Xiao Bin Li (57yo)

    Executive

    • Tenure: 0yrs
  • Zhen Hua Li (61yo)

    Financial Controller

    • Tenure: 10.1yrs
  • Yulong Fu (55yo)

    Executive Director of Zhuhai Titans Chuneng Technology Co Ltd

    • Tenure: 0yrs
  • Xiang Jun Chen (51yo)

    President of Titans Power

    • Tenure: 0yrs
  • Hui Wang (50yo)

    GM & Director of Titans Technology

    • Tenure: 0yrs
  • Liu Jun (40yo)

    GM & Director of Zhuhai Yilian New Energy Motors Co Ltd

    • Tenure: 0yrs
  • Wing Yan Ho

    Company Secretary

    • Tenure: 1.4yrs

Board Members

  • Xin Qing Li (62yo)

    Executive Chairman

    • Tenure: 0yrs
    • Compensation: CN¥467.00k
  • Wan Jun Li (51yo)

    Independent Non Executive Director

    • Tenure: 11.8yrs
    • Compensation: CN¥103.00k
  • Wei An (63yo)

    CEO & Executive Director

    • Tenure: 8.6yrs
    • Compensation: CN¥467.00k
  • Bo Zhang (57yo)

    Independent Non-Executive Director

    • Tenure: 6.5yrs
    • Compensation: CN¥103.00k
  • Zhan Pang (41yo)

    Independent Non-Executive Director

    • Tenure: 4.5yrs
    • Compensation: CN¥103.00k
  • Hui Wang (50yo)

    GM & Director of Titans Technology

    • Tenure: 0yrs
  • Chen Hao (42yo)

    Chairman of Zhuhai Yilian New Energy Motors Co Ltd

    • Tenure: 0yrs
  • Liu Jun (40yo)

    GM & Director of Zhuhai Yilian New Energy Motors Co Ltd

    • Tenure: 0yrs

Company Information

China Titans Energy Technology Group Co., Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Titans Energy Technology Group Co., Limited
  • Ticker: 2188
  • Exchange: SEHK
  • Founded: 1992
  • Industry: Heavy Electrical Equipment
  • Sector: Capital Goods
  • Market Cap: HK$425.526m
  • Shares outstanding: 925.06m
  • Website: https://www.titans.com.cn

Number of Employees


Location

  • China Titans Energy Technology Group Co., Limited
  • Titans Science and Technology Park
  • No. 60 Shihua Road West
  • Zhuhai
  • Guangdong Province
  • 519015
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2188SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2010
ITEDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2010

Biography

China Titans Energy Technology Group Co., Limited, an investment holding company, engages in the research, development, manufacture, and sale of power electric products and equipment in the People’s Republ ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 12:44
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.