China Titans Energy Technology Group
Market Cap
HK$425.5m
Last Updated
2019/10/19 12:44 UTC
Data Sources
Company Financials
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
| 2188 | Industry | Market | |
|---|---|---|---|
| 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
2 weeks ago | Simply Wall St
Could The China Titans Energy Technology Group Co., Limited (HKG:2188) Ownership Structure Tell Us Something Useful?1 month ago | Simply Wall St
Those Who Purchased China Titans Energy Technology Group (HKG:2188) Shares Three Years Ago Have A 67% Loss To Show For It1 month ago | Simply Wall St
Is China Titans Energy Technology Group Co., Limited's (HKG:2188) CEO Salary Justified?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
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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2188 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | May 2010 |
| ITE | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | May 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 12:44 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.