company background image
266

Tian Teck LandSEHK:266 Stock Report

Market Cap

HK$2.4b

7D

1.0%

1Y

1.0%

Updated

26 Oct, 2021

Data

Company Financials
266 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends1/6

266 Overview

Tian Teck Land Limited, an investment holding company, engages in the property investment activities in the People’s Republic of China and Hong Kong.

Price History & Performance

Summary of all time highs, changes and price drops for Tian Teck Land
Historical stock prices
Current Share PriceHK$5.05
52 Week HighHK$4.51
52 Week LowHK$5.48
Beta0.32
1 Month Change2.64%
3 Month Change1.00%
1 Year Change1.00%
3 Year Change-42.42%
5 Year Change-41.95%
Change since IPO320.83%

Recent News & Updates

Sep 02
Should Shareholders Reconsider Tian Teck Land Limited's (HKG:266) CEO Compensation Package?

Should Shareholders Reconsider Tian Teck Land Limited's (HKG:266) CEO Compensation Package?

Shareholders will probably not be too impressed with the underwhelming results at Tian Teck Land Limited ( HKG:266...

Jul 01
Tian Teck Land's (HKG:266) Dividend Is Being Reduced To HK$0.08

Tian Teck Land's (HKG:266) Dividend Is Being Reduced To HK$0.08

Tian Teck Land Limited ( HKG:266 ) is reducing its dividend to HK$0.08 on the 12th of October. Based on this payment...

Mar 08
Tian Teck Land (HKG:266) Seems To Use Debt Quite Sensibly

Tian Teck Land (HKG:266) Seems To Use Debt Quite Sensibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Feb 10
Tian Teck Land Limited (HKG:266) Investors Should Think About This Before Buying It For Its Dividend

Tian Teck Land Limited (HKG:266) Investors Should Think About This Before Buying It For Its Dividend

Could Tian Teck Land Limited ( HKG:266 ) be an attractive dividend share to own for the long haul? Investors are often...

Shareholder Returns

266HK Real EstateHK Market
7D1.0%0.2%-0.5%
1Y1.0%-8.2%6.3%

Return vs Industry: 266 exceeded the Hong Kong Real Estate industry which returned -6.8% over the past year.

Return vs Market: 266 underperformed the Hong Kong Market which returned 6.7% over the past year.

Price Volatility

Is 266's price volatile compared to industry and market?
266 volatility
266 Beta0.32
Industry Beta0.85
Market Beta1

Stable Share Price: 266 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 266's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a34Hooi Hong Cheonghttps://ttll.etnet.com.hk/tc/index.php

Tian Teck Land Limited, an investment holding company, engages in the property investment activities in the People’s Republic of China and Hong Kong. As of March 31, 2020, its investment properties include iSQUARE complex in Tsim Sha Tsui; various units of Good Luck Industrial Building; a floor of Euro Trade Centre; a floor of Yi An Plaza; various units of an industrial property; a unit of a commercial property; and two residential properties. The company is based in Tsim Sha Tsui, Hong Kong.

Tian Teck Land Fundamentals Summary

How do Tian Teck Land's earnings and revenue compare to its market cap?
266 fundamental statistics
Market CapHK$2.39b
Earnings (TTM)-HK$777.62m
Revenue (TTM)HK$444.88m

5.4x

P/S Ratio

-3.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
266 income statement (TTM)
RevenueHK$444.88m
Cost of RevenueHK$96.36m
Gross ProfitHK$348.52m
ExpensesHK$1.13b
Earnings-HK$777.62m

Dividends

3.2%

Current Dividend Yield

-11%

Payout Ratio

Valuation

Is Tian Teck Land undervalued compared to its fair value and its price relative to the market?

0.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 266 (HK$5.05) is trading above our estimate of fair value (HK$1.9)

Significantly Below Fair Value: 266 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 266 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Real Estate industry average.

PE vs Market: 266 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 266's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 266's PB Ratio (0.4x) is in line with the HK Real Estate industry average.


Future Growth

How is Tian Teck Land forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.9%

Forecasted Real Estate 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 Tian Teck Land 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.


Past Performance

How has Tian Teck Land performed over the past 5 years?

-64.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 266 is currently unprofitable.

Growing Profit Margin: 266 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 266 is unprofitable, and losses have increased over the past 5 years at a rate of 64.6% per year.

Accelerating Growth: Unable to compare 266's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 266 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (23.4%).


Return on Equity

High ROE: 266 has a negative Return on Equity (-14.06%), as it is currently unprofitable.


Financial Health

How is Tian Teck Land's financial position?


Financial Position Analysis

Short Term Liabilities: 266's short term assets (HK$652.0M) exceed its short term liabilities (HK$394.5M).

Long Term Liabilities: 266's short term assets (HK$652.0M) exceed its long term liabilities (HK$99.1M).


Debt to Equity History and Analysis

Debt Level: 266's debt to equity ratio (1.8%) is considered satisfactory.

Reducing Debt: 266's debt to equity ratio has increased from 1.3% to 1.8% over the past 5 years.

Debt Coverage: 266's debt is well covered by operating cash flow (74.7%).

Interest Coverage: 266 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Tian Teck Land current dividend yield, its reliability and sustainability?

3.17%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 266's dividend (3.17%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.24%).

High Dividend: 266's dividend (3.17%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.8%).


Stability and Growth of Payments

Stable Dividend: 266's dividend payments have been volatile in the past 10 years.

Growing Dividend: 266's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 266 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

28.3yrs

Average board tenure


CEO

Hooi Hong Cheong (74 yo)

no data

Tenure

HK$2,312,000

Compensation

Mr. Hooi Hong Cheong serves as the Chief Executive Officer of Tian Teck Land Limited. Mr. Cheong has been Chairman and an Executive Director of Tian Teck Land Limited since 1983. Mr. Cheong has extensive e...


CEO Compensation Analysis

Compensation vs Market: Hooi Hong's total compensation ($USD297.41K) is about average for companies of similar size in the Hong Kong market ($USD353.43K).

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


Board Members

Experienced Board: 266's board of directors are seasoned and experienced ( 28.3 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

Tian Teck Land Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Tian Teck Land Limited
  • Ticker: 266
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: HK$2.388b
  • Shares outstanding: 474.73m
  • Website: https://ttll.etnet.com.hk/tc/index.php

Number of Employees


Location

  • Tian Teck Land Limited
  • iSQUARE
  • 9th Floor
  • Tsim Sha Tsui
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:11
End of Day Share Price2021/10/26 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.