Town Ray Holdings (SEHK:1692) - Stock Price, News & Analysis

1692 Stock Overview

Manufactures and sells electrothermic household appliances in Europe, Asia, the United States, and internationally. More details

1692 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	2/6

Risk Analysis

Dividend of 10.12% is not well covered by earnings or free cash flows

High level of non-cash earnings

Profit margins (13.7%) are lower than last year (20%)

Town Ray Holdings Limited Competitors

Raymond Industrial

SEHK:229

HK$461.2m

SMC Electric

SEHK:2381

HK$202.0m

Alltronics Holdings

SEHK:833

HK$212.9m

Vesync

SEHK:2148

HK$4.0b

Price History & Performance

Summary of all time highs, changes and price drops for Town Ray Holdings
Historical stock prices
Current Share Price	HK$2.58
52 Week High	HK$3.40
52 Week Low	HK$2.31
Beta	0.24
11 Month Change	-7.53%
3 Month Change	1.18%
1 Year Change	-16.77%
33 Year Change	31.63%
5 Year Change	258.33%
Change since IPO	200.00%

Recent updates

Most Shareholders Will Probably Agree With Town Ray Holdings Limited's (HKG:1692) CEO Compensation

Jun 14

Some Investors May Be Willing To Look Past Town Ray Holdings' (HKG:1692) Soft Earnings

Apr 26

These 4 Measures Indicate That Town Ray Holdings (HKG:1692) Is Using Debt Reasonably Well

Mar 20

Town Ray Holdings' (HKG:1692) Dividend Will Be Increased To HK$0.15

Aug 27

Town Ray Holdings (HKG:1692) Will Pay A Larger Dividend Than Last Year At HK$0.193

May 26

Market Might Still Lack Some Conviction On Town Ray Holdings Limited (HKG:1692) Even After 31% Share Price Boost

Mar 20

Investors Shouldn't Overlook Town Ray Holdings' (HKG:1692) Impressive Returns On Capital

Mar 24

Town Ray Holdings Limited (HKG:1692) Is Yielding 9.6% - But Is It A Buy?

Mar 04

Shareholders Of Town Ray Holdings (HKG:1692) Must Be Happy With Their 230% Total Return

Feb 10

Do Town Ray Holdings's (HKG:1692) Earnings Warrant Your Attention?

Jan 20

Is Town Ray Holdings (HKG:1692) A Risky Investment?

Dec 25

Should You Rely On Town Ray Holdings's (HKG:1692) Earnings Growth?

Dec 04

Shareholder Returns

	1692	HK Consumer Durables	HK Market
7D	-5.8%	-6.0%	0.05%
1Y	-16.8%	-3.8%	11.5%

Return vs Industry: 1692 underperformed the Hong Kong Consumer Durables industry which returned -1.6% over the past year.

Return vs Market: 1692 underperformed the Hong Kong Market which returned 10.9% over the past year.

Price Volatility

Is 1692's price volatile compared to industry and market?
1692 volatility
1692 Average Weekly Movement	3.3%
Consumer Durables Industry Average Movement	7.6%
Market Average Movement	9.0%
10% most volatile stocks in HK Market	18.9%
10% least volatile stocks in HK Market	4.2%

Stable Share Price: 1692 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1692's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2005	1,089	Wai Ming Chan	www.townray.com

Town Ray Holdings Limited, together with its subsidiaries, manufactures and sells electrothermic household appliances in Europe, Asia, the United States, and internationally. The company offers garment care appliances, such as steam generator irons, garment steamers, and steam irons; and cooking appliances, including coffee machines, steam cooking appliances, and other cooking appliances, as well as consumer electronics products, cleaning products, and air purifiers. It also holds properties.

Town Ray Holdings Limited Fundamentals Summary

How do Town Ray Holdings's earnings and revenue compare to its market cap?
1692 fundamental statistics
Market cap	HK$926.22m
Earnings (TTM)	HK$83.40m
Revenue (TTM)	HK$609.80m

11.1x

P/E Ratio

1.5x

P/S Ratio

Is 1692 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1692 income statement (TTM)
Revenue	HK$609.80m
Cost of Revenue	HK$412.24m
Gross Profit	HK$197.56m
Other Expenses	HK$114.16m
Earnings	HK$83.40m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.23
Gross Margin	32.40%
Net Profit Margin	13.68%
Debt/Equity Ratio	5.9%

How did 1692 perform over the long term?

See historical performance and comparison

Dividends

10.1%

Current Dividend Yield

112%

Payout Ratio

1692 Stock Overview

Risk Analysis

Town Ray Holdings Limited Competitors

SEHK:229

HK$461.2m

SEHK:2381

HK$202.0m

SEHK:833

HK$212.9m

SEHK:2148

HK$4.0b

Price History & Performance

Recent News & Updates

First half 2024 earnings released: EPS: HK$0.14 (vs HK$0.24 in 1H 2023)

First half 2024 earnings released: EPS: HK$0.14 (vs HK$0.24 in 1H 2023)

First half dividend reduced to HK$0.11

New minor risk - Profit margin trend

Town Ray Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 23 September 2024

Town Ray Holdings Limited to Report First Half, 2024 Results on Aug 23, 2024

Recent updates

First half 2024 earnings released: EPS: HK$0.14 (vs HK$0.24 in 1H 2023)

First half 2024 earnings released: EPS: HK$0.14 (vs HK$0.24 in 1H 2023)

First half dividend reduced to HK$0.11

New minor risk - Profit margin trend

Town Ray Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 23 September 2024

Town Ray Holdings Limited to Report First Half, 2024 Results on Aug 23, 2024

Upcoming dividend of HK$0.15 per share

Most Shareholders Will Probably Agree With Town Ray Holdings Limited's (HKG:1692) CEO Compensation

Some Investors May Be Willing To Look Past Town Ray Holdings' (HKG:1692) Soft Earnings

Full year 2023 earnings released: EPS: HK$0.34 (vs HK$0.37 in FY 2022)

Investor sentiment deteriorates as stock falls 17%

Town Ray Holdings Limited Proposes Final Ordinary Dividend for the Year Ended 31 December 2023, Payable on 11 July 2024

These 4 Measures Indicate That Town Ray Holdings (HKG:1692) Is Using Debt Reasonably Well

Town Ray Holdings Limited, Annual General Meeting, Jun 21, 2024

Full year 2023 earnings released: EPS: HK$0.34 (vs HK$0.37 in FY 2022)

Now 31% undervalued after recent price drop

Town Ray Holdings Limited to Report Fiscal Year 2023 Results on Mar 18, 2024

Now 21% undervalued

Town Ray Holdings Limited Announces Appointment of Independent Non-Executive Directors and Members of the Audit Committee, the Remuneration Committee and the Nomination Committee

Town Ray Holdings Limited Announces Appointment of Independent Non-Executive Directors and Members of the Audit Committee, the Remuneration Committee and the Nomination Committee

Upcoming dividend of HK$0.15 per share at 10% yield

Town Ray Holdings' (HKG:1692) Dividend Will Be Increased To HK$0.15

First half 2023 earnings released: EPS: HK$0.24 (vs HK$0.17 in 1H 2022)

Town Ray Holdings Limited Declares Interim Dividend for the Six Months Ended 30 June 2023, Payable on 22 September 2023

Town Ray Holdings Limited to Report First Half, 2023 Results on Aug 24, 2023

Town Ray Holdings (HKG:1692) Will Pay A Larger Dividend Than Last Year At HK$0.193

Town Ray Holdings Limited Approves Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of HK$0.19 per share at 9.4% yield

Market Might Still Lack Some Conviction On Town Ray Holdings Limited (HKG:1692) Even After 31% Share Price Boost

Full year 2022 earnings released: EPS: HK$0.37 (vs HK$0.30 in FY 2021)

Investor sentiment improves as stock rises 18%

Is Town Ray Holdings (HKG:1692) A Risky Investment?

Less than half of directors are independent

Upcoming dividend of HK$0.11 per share

First half 2022 earnings released

Town Ray Holdings Limited Announces Ordinary Interim Dividend (Semi-Annual) for the Six Months Ended 30 June 2022, Payable 23 September 2022

Town Ray Holdings Limited to Report First Half, 2022 Results on Aug 12, 2022

Town Ray Holdings Limited Provides Earnings Guidance for the Six Months Ended June 30, 2022

Town Ray Holdings Limited Declares Final Dividend for the Year Ended 31 December 2021

Upcoming dividend of HK$0.16 per share

Less than half of directors are independent

Town Ray Holdings Limited, Annual General Meeting, May 27, 2022

First half 2021 earnings released: EPS HK$0.11 (vs HK$0.088 in 1H 2020)

Upcoming dividend of HK$0.098 per share

First half 2021 earnings released: EPS HK$0.11 (vs HK$0.088 in 1H 2020)

Town Ray Holdings Limited Approves the Payment of Final Dividend for the Year Ended 31 December 2020

Upcoming dividend of HK$0.14 per share

With EPS Growth And More, Town Ray Holdings (HKG:1692) Is Interesting

Full year 2020 earnings released: EPS HK$0.28 (vs HK$0.19 in FY 2019)

Investor sentiment improved over the past week

Town Ray Holdings (HKG:1692) Seems To Use Debt Rather Sparingly

Investors Shouldn't Overlook Town Ray Holdings' (HKG:1692) Impressive Returns On Capital

Full year 2020 earnings released: EPS HK$0.28 (vs HK$0.19 in FY 2019)

Investor sentiment improved over the past week

Town Ray Holdings Limited to Report Fiscal Year 2020 Results on Mar 23, 2021

Town Ray Holdings Limited (HKG:1692) Is Yielding 9.6% - But Is It A Buy?

New 90-day high: HK$1.86

Investor sentiment improved over the past week

Shareholders Of Town Ray Holdings (HKG:1692) Must Be Happy With Their 230% Total Return

Town Ray Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2020