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2188

China Titans Energy Technology Group SEHK:2188 Stock Report

Last Price

HK$0.33

Market Cap

HK$300.6m

7D

-1.5%

1Y

-25.3%

Updated

09 Aug, 2022

Data

Company Financials
2188 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

2188 Stock Overview

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.

China Titans Energy Technology Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China Titans Energy Technology Group
Historical stock prices
Current Share PriceHK$0.33
52 Week HighHK$0.46
52 Week LowHK$0.29
Beta0.16
1 Month Change-5.80%
3 Month Change4.84%
1 Year Change-25.29%
3 Year Change-32.99%
5 Year Change-67.50%
Change since IPO-77.74%

Recent News & Updates

Apr 07
Is China Titans Energy Technology Group (HKG:2188) A Risky Investment?

Is China Titans Energy Technology Group (HKG:2188) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

2188HK ElectricalHK Market
7D-1.5%3.5%0.2%
1Y-25.3%-9.4%-21.9%

Return vs Industry: 2188 underperformed the Hong Kong Electrical industry which returned -9.4% over the past year.

Return vs Market: 2188 underperformed the Hong Kong Market which returned -21.9% over the past year.

Price Volatility

Is 2188's price volatile compared to industry and market?
2188 volatility
2188 Average Weekly Movement5.3%
Electrical Industry Average Movement7.2%
Market Average Movement6.6%
10% most volatile stocks in HK Market12.8%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 2188 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 2188's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992400Wei Anhttps://www.titans.com.cn

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. The company operates through DC Power System, Charging Equipment, and Charging Services and Construction segments. It offers power supply products, including GZDW high frequency switch DC power supply systems, intelligent LV AC power supply distribution systems, integration power supply systems, and test power supply systems.

China Titans Energy Technology Group Fundamentals Summary

How do China Titans Energy Technology Group's earnings and revenue compare to its market cap?
2188 fundamental statistics
Market CapCN¥258.56m
Earnings (TTM)CN¥18.60m
Revenue (TTM)CN¥337.34m

13.9x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2188 income statement (TTM)
RevenueCN¥337.34m
Cost of RevenueCN¥222.92m
Gross ProfitCN¥114.42m
Other ExpensesCN¥95.83m
EarningsCN¥18.60m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.02
Gross Margin33.92%
Net Profit Margin5.51%
Debt/Equity Ratio31.3%

How did 2188 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 2188 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2188?

Other financial metrics that can be useful for relative valuation.

2188 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1x
Enterprise Value/EBITDA8.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 2188's PE Ratio compare to its peers?

2188 PE Ratio vs Peers
The above table shows the PE ratio for 2188 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average26x
1597 China Nature Energy Technology Holdings
25.1xn/aHK$615.0m
1608 VPower Group International Holdings
56.6xn/aHK$2.6b
1399 Veson Holdings
6.3xn/aHK$310.7m
1685 Boer Power Holdings
16.1xn/aHK$227.2m
2188 China Titans Energy Technology Group
13.9xn/aHK$300.6m

Price-To-Earnings vs Peers: 2188 is good value based on its Price-To-Earnings Ratio (13.9x) compared to the peer average (26x).


Price to Earnings Ratio vs Industry

How does 2188's PE Ratio compare vs other companies in the HK Electrical Industry?

Price-To-Earnings vs Industry: 2188 is expensive based on its Price-To-Earnings Ratio (13.9x) compared to the Hong Kong Electrical industry average (12.2x)


Price to Earnings Ratio vs Fair Ratio

What is 2188's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2188 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2188's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 2188 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 2188's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 2188's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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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?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


31.0%

Forecasted Capital Goods 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 China Titans Energy Technology 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 SimplyWall St do have past financial data.


Discover growth companies

Past Performance

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

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-43.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 2188 has a large one-off gain of CN¥4.3M impacting its December 31 2021 financial results.

Growing Profit Margin: 2188 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 2188's earnings have declined by 43.6% per year over the past 5 years.

Accelerating Growth: 2188 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 2188 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (-19.4%).


Return on Equity

High ROE: 2188's Return on Equity (3.3%) is considered low.


Discover strong past performing companies

Financial Health

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

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 2188's short term assets (CN¥611.0M) exceed its short term liabilities (CN¥282.2M).

Long Term Liabilities: 2188's short term assets (CN¥611.0M) exceed its long term liabilities (CN¥61.4M).


Debt to Equity History and Analysis

Debt Level: 2188's net debt to equity ratio (12.3%) is considered satisfactory.

Reducing Debt: 2188's debt to equity ratio has reduced from 38.5% to 31.3% over the past 5 years.

Debt Coverage: 2188's debt is not well covered by operating cash flow (6.2%).

Interest Coverage: 2188's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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


Stability and Growth of Payments

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.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 2188 has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

11.4yrs

Average management tenure


CEO

Wei An (66 yo)

11.42yrs

Tenure

CN¥829,000

Compensation

Mr. Wei An has been the Chief Executive Officer of China Titans Energy Technology Group Co., Limited since March 28, 2011. Mr. Wei is responsible for the overall operation and management of China Titans En...


CEO Compensation Analysis

Compensation vs Market: Wei's total compensation ($USD122.79K) is below average for companies of similar size in the Hong Kong market ($USD244.27K).

Compensation vs Earnings: Wei's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 2188's management team is seasoned and experienced (11.4 years average tenure).


Board Members

Experienced Board: 2188's board of directors are seasoned and experienced ( 14.7 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China Titans Energy Technology Group Co., Limited's 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
  • Implied Market Cap: HK$300.643m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/09 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.