China Tangshang Holdings Limited, an investment holding company, engages in exhibition-related, property sub-leasing, property development and investment, food and beverages, and financial services businesses in Hong Kong and the People’s Republic of China. More Details
Adequate balance sheet with weak fundamentals.
Share Price & News
How has China Tangshang Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 674's share price has been volatile over the past 3 months.
7 Day Return
HK Commercial Services
1 Year Return
HK Commercial Services
Return vs Industry: 674 underperformed the Hong Kong Commercial Services industry which returned 35.1% over the past year.
Return vs Market: 674 underperformed the Hong Kong Market which returned 0.5% over the past year.
Price Volatility Vs. Market
How volatile is China Tangshang Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHere's Why China Tangshang Holdings (HKG:674) Has A Meaningful Debt Burden
2 months ago | Simply Wall StCan China Tangshang Holdings (HKG:674) Continue To Grow Its Returns On Capital?
3 months ago | Simply Wall StIs China Tangshang Holdings (HKG:674) Weighed On By Its Debt Load?
Is China Tangshang Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 674 (HK$0.13) is trading above our estimate of fair value (HK$0.03)
Significantly Below Fair Value: 674 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 674 is unprofitable, so we can't compare its PE Ratio to the HK Commercial Services industry average.
PE vs Market: 674 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 674's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 674 is overvalued based on its PB Ratio (1.4x) compared to the HK Commercial Services industry average (0.9x).
How is China Tangshang Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services 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 Tangshang Holdings 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.
- Examine China Tangshang Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- China Tangshang Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
How has China Tangshang Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 674 is currently unprofitable.
Growing Profit Margin: 674 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 674 is unprofitable, but has reduced losses over the past 5 years at a rate of 62.7% per year.
Accelerating Growth: Unable to compare 674's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 674 is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (12.9%).
Return on Equity
High ROE: 674 has a negative Return on Equity (-26.14%), as it is currently unprofitable.
How is China Tangshang Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 674's short term assets (HK$316.1M) exceed its short term liabilities (HK$261.4M).
Long Term Liabilities: 674's short term assets (HK$316.1M) exceed its long term liabilities (HK$169.1M).
Debt to Equity History and Analysis
Debt Level: 674's debt to equity ratio (157.2%) is considered high.
Reducing Debt: 674's debt to equity ratio has increased from 25.1% to 157.2% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 674 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 674 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.9% per year.
What is China Tangshang Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 674's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 674'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 674's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 674's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 674's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Houjie Zhou (38 yo)
Mr. Houjie Zhou serves as Vice President of BTIT. Mr. Zhou has been an Executive Director of China Tangshang Holdings Limited(also known as Culture Landmark Investment Limited) since December 8, 2016 and i ...
CEO Compensation Analysis
Compensation vs Market: Houjie's total compensation ($USD34.11K) is below average for companies of similar size in the Hong Kong market ($USD230.06K).
Compensation vs Earnings: Houjie's compensation has been consistent with company performance over the past year.
|Acting CEO & Executive Director||2.17yrs||HK$264.32k||no data|
|Chief Chef - Golden Island Catering Group Company Limited||no data||no data||no data|
|Chief Executive Officer of GI Catering||15.08yrs||no data||no data|
|Company Secretary||0.92yr||no data||no data|
|Assistant General Manager of Golden Island (Management) Limited||no data||HK$394.82k||no data|
|General Manager of GI Management||no data||HK$774.20k||no data|
Experienced Management: 674's management team is considered experienced (2.2 years average tenure).
|Acting CEO & Executive Director||2.17yrs||HK$264.32k||no data|
|Independent Non-Executive Director||3.75yrs||HK$180.00k||no data|
|Independent Non-Executive Director||3.42yrs||HK$180.00k||no data|
|Independent Non-Executive Director||0.75yr||HK$54.19k||no data|
Experienced Board: 674's board of directors are considered experienced (3.8 years average tenure).
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.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 114.2%.
China Tangshang Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: China Tangshang Holdings Limited
- Ticker: 674
- Exchange: SEHK
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: HK$293.226m
- Shares outstanding: 2.31b
- Website: https://www.ts674.com
Number of Employees
- China Tangshang Holdings Limited
- Bupa Centre
- 13th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|674||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
China Tangshang Holdings Limited, an investment holding company, engages in exhibition-related, property sub-leasing, property development and investment, food and beverages, and financial services busines ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/17 19:57|
|End of Day Share Price||2020/09/17 00:00|
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.